IQ Option vs Binary.com

IQ Option vs Binary.com Comparison Table 2023
IQ Option Binary.com
4
4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Open an account with just $10. Trade via CFD over 10 Cryptocurrencies directly, traditional forex with low spreads.

Binary.com are the established pioneers of binary options. They are a well-known broker offering 150+ derivative products across a range of popular markets. With over 2.5 million users worldwide, the broker offers options multipliers and CFDs on two powerful trading platforms.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Comment by Reviewer
"IQ Option is a good broker for beginners with an easy to use platform and a low minimum investment." "Binary.com (now Deriv) is a great pick for beginners and advanced traders interested in short-term trading with multipliers and leveraged CFDs. The broker is also a leader in synthetic indices which simulate real market movements and are available around the clock."
Pros
  • User-friendly platform for beginners
  • Excellent range of payment methods
  • Reliable 24/7 multilingual support
  • Access to IQ Option community
  • High payouts on binary options
  • iOS & Android compatible app
  • Access to a range of interesting markets, including Deriv's proprietary synthetic indices which are derived from simulated markets
  • Strong global reputation with decades of experience in the trading industry
  • Beginners can practise strategies in the demo account with unlimited virtual funds
  • Instant deposit methods with minimum funding as low as $5
  • Variety of risk management tools including trading limits and self-exclusion protocols
  • Responsive 24/7 customer support via live chat, telephone, email or WhatsApp
  • Sign up for a CFD or Multiplier account in minutes
Cons
  • €10 inactivity fee after 90 days
  • No MetaTrader 4 integration
  • Limited regulatory oversight
  • DTrader platform only available via web browser
  • Narrow range of instruments vs other brokers
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
  • Best Binary Options Broker 2019 - DayTrading.com
Instruments
CFD, Forex, Crypto, Stocks, Digital Options Stocks, CFD, Forex, Crypto, Binary Options
Demo Account
Yes Yes
Minimum Deposit
$10 $5
Payment Methods
Minimum Trade
0.001 lots $1
Regulator
MGA, SC
Margin Trading
Yes No
Margin Rate
0.2%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows iOS, Android
Auto Trading
Binary.com offer a self build robot feature to design, test and implement automated trading strategies
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
  • USD
Commodities
CFD Trading
IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform. Trade CFDs with tight spreads on key markets as well as the broker's 24/7 synthetic indices, which are not available elsewhere.
Leverage
1:500 1:1000
FTSE Spread
1 pt var
GBPUSD Spread
1 1 pip var
Oil Spread
2.3 3 pips var
Stocks Spread
2
Forex Trading
IQ Option offer forex trading on a range of currencies. Spreads are on the high side and the brand do not excel in this area. Binary.com deliver advanced forex trading via the MetaTrader 5 platform and flexible account options.
Forex App

IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.

GBPUSD Spread
5 pips 1 pip var
EURUSD Spread
14 pips 0.5 pip var
EURGBP Spread
15 pips 1 pip var
Assets
250+ 45+
Cryptocurrency
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets. Trade with 1:2 leverage on 25+ crypto pairs with zero commission and access to the powerful MT5 platform.
Spread
BTC 7%, ETH 12% (Var) BTC 2%, ETH 3%
Coins
  • BTC
  • TRX
  • XRP
  • BCH
  • ETH
  • EOS
  • OMG
  • ETC
  • QTUM
  • ZEC
  • LTC
  • DASH
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low minimum deposit. Binary.com are the pioneers of binary options. The original binary brand continue to expand and innovate their offering and remain one of the most trusted brands in the binary sector.
Payout
91% 91%
Ladder Options
Yes Yes
Boundary Options
Yes Yes
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
More Comparisons
IQ Option
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Binary.com
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