IQ Option vs eToro
| IQ Option | eToro |
|---|---|
4
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4.1
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 Traders from US not accepted |
Traders from US not accepted |
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Open an account with just $10. Trade via CFD over 10 Cryptocurrencies directly, traditional forex with low spreads. |
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 79% of retail accounts lose money. |
| RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | 79% of retail investor accounts lose money when trading with this provider. You should consider whether you can afford to take the high risk of losing your money. |
| Comment by Reviewer | |
| "IQ Option is a good broker for beginners with an easy to use platform and a low minimum investment." | "eToro is a great pick for traders who want to trade CFDs with copy trading and other social features" |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFD, Forex, Crypto, Stocks, Digital Options | Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $10 |
| Payment Methods | |
| Minimum Trade | |
| 0.001 lots | $10 |
| Regulator | |
| FCA, CySEC, ASIC, FSA | |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 0.2% | |
| MetaTrader 4 | |
| No | No |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | Yes |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS, Android and Windows | iOS, Android & Windows |
| Auto Trading | |
| Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do. | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| One of the best proprietary platforms currently on the market is the award-winning eToro CopyTrader (at no additional cost for eToro clients). The web-based platform includes a user-friendly and interactive layout and also comes with social features, including a community chat. Copy trading on crypto trades only. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $10 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
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| Commodities | |
| CFD Trading | |
| IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform. | eToro offers leveraged CFD trading in certain jurisdictions. Speculate on thousands of financial assets. |
| Leverage | |
| 1:500 | |
| FTSE Spread | |
| 1.5 pt | |
| GBPUSD Spread | |
| 1 | 2 pips |
| Oil Spread | |
| 2.3 | 5 pts |
| Stocks Spread | |
| 2 | 0.24% Var |
| 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. | eToro offers a selection of major, minor and exotic currency pairs. Clients can speculate on FX from the eToro trading app. |
| 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. |
eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand. |
| GBPUSD Spread | |
| 5 pips | 2 pips |
| EURUSD Spread | |
| 14 pips | 1.5 pips |
| EURGBP Spread | |
| 15 pips | 1.5 pips |
| Assets | |
| 250+ | 49 |
| Currency Indices | |
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| Cryptocurrency | |
| IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets. | eToro leads the way in cryptocurrency trading. The lowest spreads (from 0.75% for BTC), their own wallet service and the largest number of cryptos to trade in the market. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply.. |
| Spread | |
| BTC 7%, ETH 12% (Var) | BTC <1%, ETH 2% |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | Yes |
| 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 options trading not offered |
| Payout | |
| 91% | |
| Ladder Options | |
| Yes | No |
| Boundary Options | |
| Yes | No |
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| RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | 79% of retail investor accounts lose money when trading with this provider. You should consider whether you can afford to take the high risk of losing your money. |
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