IQ Option vs ForexChief

IQ Option vs ForexChief Comparison Table 2022
IQ Option ForexChief
Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreads or trade digital options with payouts up to 900%. ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
Best Binary Broker 2021 - DayTrading.com
Bonus
None $100 no deposit
Instruments
Stocks, Digital Options, Options, CFD, Forex, Crypto, Binary Options Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Payment Methods
ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money Bitcoin Payments, Credit Card, Debit Card, Neteller, Perfect Money, Skrill, UnionPay, Webmoney, Wire Transfer
Minimum Trade
0.001 lots 0.01 lots
Regulator
CySEC VFSC
Margin Trading
Yes Yes
Margin Rate
0.2% 0.1%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
- Yes
Trade Signals
Yes Yes
VPS Hosting
No -
Tournaments
Yes -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No No
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, ZAR USD, EUR, GBP, JPY, CHF
CFD
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
1:30 EU, 1:500 1:1,000
FTSE Spread
80
GBPUSD Spread
1 0.9
Oil Spread
2.3 12
Stocks Spread
2 50
Forex
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 ForexChief supports spot foreign exchange trading on all account types for 40 major, minor and exotic currency pairs on both MT4 and MT5.
GBPUSD Spread
5 pips 0.9
EURUSD Spread
14 pips 0.4
EURGBP Spread
15 pips 0.9
Assets
120 40
Cryptocurrency
IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets. ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.
Spread
BTC 7%, ETH 12% (Var) Variable
Coins
BTC, TRX, XRP, BCH, ETH, EOS, OMG, ETC, QTUM, ZEC, LTC, DASH BTC, BCH, ETH, LTC, XRP
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
Binary Options
IQ Option lead the way in binary options and digital trading. The best platform, with the lowest minimum deposit Binary options trading not offered
Payout
91%
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