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IQ Option vs FXOpen

IQ Option vs FXOpen Comparison Table 2023
IQ Option FXOpen
Review
4
Review
3.7
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreadsor trade digital options with payouts up to 900% (successful trades only).

FXOpen is a highly regulated FX and CFD broker offering multiple trading platforms and spreads from 0.0 pips.

Risk Warning: Your Capital Might Be At Risk
Pros
  • Demo account
  • MT4 integration
  • Strong regulatory oversight
  • Multiple payment methods
  • Bonuses & trading contests
  • Full range of investments
  • Copy trading (global traders)
  • Low minimum deposit (global traders)
Cons
  • Inactivity fee
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
  • Best ECN Broker 2012 - Masterforex-V
  • Best Forex Broker in Australasia 2011 - World Finance Magazine
  • Best Islamic Forex Broker 2011 - IB Times Trading Awards
  • Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
  • Best Trading Platform 2010 - Falcon Awards
Instruments
CFD, Forex, Crypto, Stocks, Digital Options Forex, CFDs, Indices, Commodities, Cryptocurrencies, ETFs, Shares
Demo Account
Yes Yes
Minimum Deposit
$10 $1 Global, £300 UK
Payment Methods
Minimum Trade
0.001 lots 0.01 Lot
Regulator
FCA, CySEC, ASIC
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 No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
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
Auto Trading
Yes (EAs)
Copy Trading
No Yes
Copy Trading Platform
FXOpen offers copy trading, enabling users to follow and copy the positions and strategies of other traders. Myfxbook and ZuluTrade supported.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
Yes Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • HKD
  • RUB
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on currency pairs, cryptocurrencies, indices, & commodities with tight spreads
Leverage
1:500 1:30 - 1:500 (varies by trading entity)
FTSE Spread
0.8
GBPUSD Spread<
1 0.2
Oil Spread
2.3 4.0
Stocks Spread
2 N/A
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 Trade major, minor & emerging forex pairs with 1:30 leverage
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 0.2
EURUSD Spread
14 pips 0.2
EURGBP Spread
15 pips 0.2
Assets
250+ 50+
Cryptocurrency
IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets. Trade on 40+ cryptocurrency coins with 1:2 leverage (Pro clients only in UK).
Spread
BTC 7%, ETH 12% (Var) Variable
Coins
  • BTC
  • TRX
  • XRP
  • BCH
  • ETH
  • EOS
  • OMG
  • ETC
  • QTUM
  • ZEC
  • LTC
  • DASH
  • BTC
  • BCH
  • ETH
  • LTC
  • ETC
  • EOS
  • DSH
  • XRP
  • IOT
  • XMR
  • NEO
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
Review
Review
Risk Warning: Your Capital Might Be At Risk
More Comparisons
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