Your capital is at risk. Trade only with funds you can afford to lose.
IQ Option
#4 in our binary options broker rankings
Accepts traders from Bangladesh
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Rating breakdown
- Regulation & trust3.01.5 lower than FOREX.com (4.5)
- Assets & markets3.50.5 lower than FOREX.com (4.0)
- Fees & costs3.01.2 lower than FOREX.com (4.2)
- Platforms & tools3.31.3 lower than FOREX.com (4.6)
- Accounts & banking3.01.0 lower than FOREX.com (4.0)
- Education2.51.4 lower than FOREX.com (3.9)
- Research0.84.0 lower than FOREX.com (4.8)
- Customer support3.00.9 lower than FOREX.com (3.9)
FOREX.com’s score. Numbers show the difference.
FOREX.com
#35 in our CFD broker rankings
Accepts traders from Bangladesh
Rating breakdown
- Regulation & trust4.51.5 higher than IQ Option (3.0)
- Assets & markets4.00.5 higher than IQ Option (3.5)
- Fees & costs4.21.2 higher than IQ Option (3.0)
- Platforms & tools4.61.3 higher than IQ Option (3.3)
- Accounts & banking4.01.0 higher than IQ Option (3.0)
- Education3.91.4 higher than IQ Option (2.5)
- Research4.84.0 higher than IQ Option (0.8)
- Customer support3.90.9 higher than IQ Option (3.0)
IQ Option’s score. Numbers show the difference.
| IQ Option | FOREX.com | |
|---|---|---|
| Overview | 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. | Founded in 2001, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms. |
| Customer Reviews | Based on 3 customer reviews | Based on 5 customer reviews |
| Trustpilot Score | – | |
| Bonus Offer | – | 20% Welcome Bonus Up To $5,000 |
| Comment by Reviewer | “After a raft of upgrades, including FX options, multipliers, added indicators and longer expiries - IQ Option is best suited to active short-term traders who want a user-friendly, fast platform for digital options alongside CFDs and multipliers in one place. With a track record stretching back to 2013, it's also one of the most established binary providers.” | “FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools.” |
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| Instruments | CFD, Forex, Crypto, Stocks, Digital Options | Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $100 |
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| Payment Methods | Debit Card, Credit Card, Visa, Mastercard, Wire Transfer, Local Bank Transfer, Skrill, Neteller, PayPal, PayNow | |
| Minimum Trade | 0.001 Lots | 0.01 Lots |
| Regulator | CySEC | NFA, CFTC, CIRO, FCA, CySEC, ASIC, FSA, MAS, CIMA, CMA-UAE |
| Margin Trading | Yes | Yes |
| Margin Rate | 0.2% | – |
| 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 | Yes |
| Mobile Apps | Android (plus APK), iOS (plus progressive web app) | 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. | Running alongside the MT4 and Web Trader platforms, the FOREX.com 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. Additionally, it beats out MT4 when it comes to mobile charting tools, with over 80 indicators and 11 chart types, not to mention a slicker design that we love. |
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| Auto Trading | – | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | No | No |
| Social Trading | No | No |
| 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 | €10 (or equivalent) | $15 |
| Islamic Account | Yes | Yes |
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| CFD Trading | ||
| Overview | IQ Option deals primarily in CFDs, which are available on stocks, forex, cryptocurrencies and several other markets. The leverage available depends on your location (1:30 in EU, 1:500 globally), but with less available on more volatile assets. Trades are commission-free with floating spreads and clients can use the award-winning platform. | With the ability to take both long and short positions on 5,500+ CFDs across forex, stocks, indices, commodities, and cryptocurrencies, FOREX.com excels. Its exclusive Web Trader platform offers an excellent trading experience, equipped with over 80 technical indicators and average execution speeds of just 20 milliseconds, ensuring an optimal environment for serious day traders. |
| Leverage | 1:500 | 1:400 |
| FTSE Spread | – | 1.0 |
| GBPUSD Spread | 1 | 1.3 |
| Oil Spread | 2.3 | 2.5 |
| Stocks Spread | 2 | 0.14 |
| Forex Trading | ||
| Overview | 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.com continues to uphold its stature as a premier FX broker, offering 80 currency pairs and boasting some of the most competitive fees in the industry. With EUR/USD spreads dipping as low as 0.0 and $7 commission per $100k, it stands out. |
| GBPUSD Spread | 5 pips | 1.3 |
| EURUSD Spread | 14 pips | 1.2 |
| EURGBP Spread | 15 pips | 1.4 |
| Assets | 60+ | 84 |
| Cryptocurrency | ||
| Overview | 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. | You can trade a small range of 8+ cryptos against USD, EUR, GBP and AUD with tight spreads and no virtual wallet required. Algo traders can also utilize Expert Advisors (EAs) to automate their crypto trades. |
| Spread | BTC 7%, ETH 12% (Var) | BTC 1.4%, ETH 2% |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
| Binary Options | ||
| Overview | 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 | 95% | – |
| Expiry Times | 60 seconds - 1 month | – |
| Ladder Options | Yes | No |
| Boundary Options | Yes | No |