IQ Option vs BlackBull Markets

IQ Option vs BlackBull Markets Comparison Table 2024
IQ Option	BlackBull Markets
Review 4	Review 3.7

IQ Option is a trusted broker with multi-asset trading on its user-friendly proprietary platform. The broker provides trading on forex, stocks, cryptos, indices, commodities and ETFs with competitive fees and a good suite of extra features and educational content. You can also open an account with just $10.	BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker's ECN accounts.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Customer Reviews
5 Based on 1 IQ Option customer reviews
Comment by Reviewer
"IQ Option is a good broker for beginners with a slick platform and low minimum investment. New users can also open an account in three easy steps."	"BlackBull Markets will suit traders of all experience levels with thousands of tradable instruments, tight spreads and the familiar MetaTrader platforms."
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	CopyTrader, ZuluTrade, HokoCloud and Myfxbook copy trading Commission-free trading with spreads from 0.0 pips Superb range of platforms including TradingView Pro Responsive customer service during testing Excellent educational content for beginners $0 minimum deposit and 0.01 lot trades Huge range of 26,000+ instruments Autochartist plugin
Cons
€10 inactivity fee after 90 days No MetaTrader 4 integration	Withdrawal fees with some methods US traders not accepted
Awards
Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net Best Binary Broker 2021 - DayTrading.com	Best ECN Broker 2022 Deloitte Fast 50 Index 2021 Best NZ Forex Broker 2021
Instruments
CFD, Forex, Crypto, Stocks, Digital Options	Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
Demo Account
Yes	Yes
Minimum Deposit
$10	$0
Trading Platforms
Own	MT4 MT5 cTrader TradingView AutoChartist
Payment Methods
ADVcash Alipay Boleto Credit Card GlobePay Maestro MoneyGram Perfect Money QIWI Skrill Sofort Vietcombank Transfer Wire Transfer Yandex Money	Bitcoin Payments Boleto Credit Card Debit Card FasaPay Mastercard Neteller Skrill UnionPay Visa
Minimum Trade
0.001 Lots	0.01 Lots
Regulator
	FMA, FSA
Margin Trading
Yes	Yes
Margin Rate
0.2%
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
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	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS, Android and Windows	iOS & Android
App Review
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 also synchronised the look and feel of both the web trader and mobile platform, making switching between the two, seamless.
Android App Rating
4.2	3.7
iOS App Rating
4.3	3.7
Auto Trading
	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Blackbull Markets offers an excellent selection of social and copy trading products on its CopyTrader system, plus HokoCloud, DupliTrade and Myfxbook. Traders can copy trades and strategies in a range of popular financial markets with user-friendly risk management tools.
Social Trading
No	Yes
VPS Hosting
No	Yes
Tournaments
Yes	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP ZAR	USD EUR GBP CAD AUD NZD JPY ZAR SGD
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq S&P 500	Australian Securities Exchange (ASX) DAX GER 40 Index FTSE UK Index Nasdaq
Commodities
Gold Oil	Cocoa Coffee Corn Gasoline Gold Natural Gas Oil Silver Sugar Wheat
CFD Trading
IQ Option deals primarily in CFDs, which are available on stocks, forex, cryptocurrencies and several other markets. The leverage available is in line with EU restrictions, to a maximum of 1:30 on major forex pairs but with less available on more volatile assets. Trades are commission-free with floating spreads and clients can use the award-winning platform.	BlackBull Markets CFDs are offered on forex, stocks, indices, commodities and cryptos with tight spreads and high leverage. The ECN accounts offer fast execution and low slippage, and the broker provides traders with plenty of extra tools and features plus 24/7 customer support.
Leverage
1:500	1:500
FTSE Spread
	10.4
GBPUSD Spread
1	0.8
Oil Spread
2.3	5.2
Stocks Spread
2	Variable
Forex Trading
IQ Option offers CFD trading on 24 forex assets, including major pairs and some minors. EU traders can access a maximum of 1:30 leverage in line with local regulations. The broker offers commission-free trades but spreads are on the high side so the brand does not excel in this area.	BlackBull offers 64 forex pairs with very competitive pricing through its ECN accounts, with the standard commission-free spread starting from 0.8 and spreads with commission starting from zero. The broker supports diverse trading platforms including MT4 and MT5, and provides leverage up to 1:500.
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	0.8
EURUSD Spread
14 pips	0.2
EURGBP Spread
15 pips	0.8
Assets
60+	64
Cryptocurrency
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets, including Bitcoin, Ethereum, and Cardano. Leverage of up to 1:2 is available with a variable spread and no commission. Newer traders will also rate the intuitive trading software.	BlackBull Markets traders can speculate on 11 cryptocurrencies including Bitcoin, Litecoin and Ethereum with up to 1:5 leverage. The crypto tokens are traded in pairs with USD and the broker offers a transparent pricing schedule.
Spread
BTC 7%, ETH 12% (Var)	Variable
Coins
BTC TRX XRP BCH ETH EOS OMG ETC QTUM ZEC LTC DASH	BTC ETH BCH LTC XRP DOGE ADA DOT LINK EOS XLM
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 starting deposit. Simply decide whether the price of an asset will go up or down to win a predetermined payout up to 90%+.	Binary options trading not offered
Payout
91%
Ladder Options
Yes	No
Boundary Options
Yes	No

Review	Review
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
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