IQ Option vs Degiro

IQ Option vs DEGIRO Comparison Table 2024
IQ Option DEGIRO
4
2.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK Investing involves risk of loss
Customer Reviews
5
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." "Degiro is perfect for low-cost stock trading on US, UK and European markets with a straightforward platform and app. Casual investors will appreciate that there are no inactivity fees while long-term traders will rate the wide selection of ETFs."
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
  • Low minimum deposit
  • Multiple account currencies
  • Commission-free stock trading
  • Access 50 exchanges in 30 countries
  • Beginner-friendly platform and app
  • Regulated by BaFin and FCA
  • No inactivity fee
  • 90+ global awards
  • 2+ million users
Cons
  • €10 inactivity fee after 90 days
  • No MetaTrader 4 integration
  • No copy trading
  • No demo account
  • No MT4 integration
  • No CFD trading
  • Few payment methods
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
  • Best Online Broker - Qualebroker 2022 (Italy)
  • Best Broker For ETFs And Investment Funds - Qualebroker 2022 (Italy)
  • Best Discount Broker - Broker Chooser 2022 (UK)
  • Best Broker For Stock Trading - Broker Chooser 2022 (UK)
Instruments
CFD, Forex, Crypto, Stocks, Digital Options Stocks, ETFs, Bonds, Futures, Options, Warrants
Demo Account
Yes No
Minimum Deposit
$10 $0
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
0.001 Lots Variable
Regulator
BaFin, FCA
Margin Trading
Yes Yes
Margin Rate
0.2% 4%
STP Account
No No
ECN Account
No No
DMA Account
No Yes
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 Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows iOS, Android & Windows
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
iOS App Rating
4.3
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No Yes
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
Stock Exchanges
Commodities
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. CFD trading not offered
Leverage
1:500
FTSE Spread
N/A
GBPUSD Spread
1 N/A
Oil Spread
2.3 N/A
Stocks Spread
2 N/A (Flat fee applies)
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. Forex trading not offered
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 N/A
EURUSD Spread
14 pips N/A
EURGBP Spread
15 pips N/A
Assets
250+
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. Crypto trading not offered
Spread
BTC 7%, ETH 12% (Var)
Coins
  • BTC
  • TRX
  • XRP
  • BCH
  • ETH
  • EOS
  • OMG
  • ETC
  • QTUM
  • ZEC
  • LTC
  • DASH
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
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK Investing involves risk of loss
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