IQ Option vs Forex.com
| IQ Option | Forex.com |
|---|---|
4
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4.5
Forex.com is #1 in our CFD broker rankings. |
 Traders from US not accepted |
Traders from US accepted |
|
Open an account with just $10. Trade via CFD over 10 Cryptocurrencies directly, traditional forex with low spreads. |
Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders. |
| 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." | "Forex.com is excellent for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFD, Forex, Crypto, Stocks, Digital Options | Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $100 |
| Payment Methods | |
| Minimum Trade | |
| 0.001 lots | $1 |
| Regulator | |
| CySEC, IIROC, NFA, CFTC, FCA, CIMA | |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 0.2% | |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | Yes |
| eSignal | |
| No | Yes |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| 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 |
| Auto Trading | |
| Automated trading supported through platforms (MT4) | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| SMART Signals | |
| 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 | |
| $15 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform. | Go long and short on a range of popular financial markets with intuitive platforms and reliable execution. 99.76% of trades are executed in less than a second with an average speed of 0.02 seconds. |
| Leverage | |
| 1:500 | 1:200 |
| FTSE Spread | |
| 1 pt | |
| GBPUSD Spread | |
| 1 | 1.0 Var |
| Oil Spread | |
| 2.3 | 0.04 Var |
| Stocks Spread | |
| 2 | 0.1% (Min Commission Applies) |
| 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. | Forex.com is a leading FX broker. The brand offers a huge range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.2 with a $5 commission per $100k. |
| 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. |
Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. |
| GBPUSD Spread | |
| 5 pips | 1.0 Var |
| EURUSD Spread | |
| 14 pips | 0.8 Var |
| EURGBP Spread | |
| 15 pips | 0.8 Var |
| Assets | |
| 250+ | 80+ |
| Cryptocurrency | |
| IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets. | Trade major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet is required, just a trading account. Cryptos are not available in the US, UK or Canada. |
| Spread | |
| BTC 7%, ETH 12% (Var) | BTC 1.4%, ETH 2% |
| Coins | |
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| 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 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 | |
| More Comparisons | |
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IQ Option vs |
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