IQ Option vs HYCM

IQ Option vs HYCM Comparison Table 2021
IQ Option HYCM
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%. Trade on the financial markets with low cost, leveraged products at HYCM.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
Best Binary Broker 2021 - DayTrading.com
Best Forex Broker 2019 - Global Brands Magazine
Best Forex Broker Middle East 2018 - World Finance Forex Awards
Best Mobile Trading Platform 2017 - World Finance Forex Awards
Best Broker Northern Europe 2015 - FX Report Awards
Best Global Broker 2012 - Mena Forex Awards
Best FX Mini Account Provider 2012 - World Finance Foreign Exchange Awards
Bonus
None 10% deposit bonus up to $5,000
Instruments
Stocks, Digital Options, Options, CFD, Forex, Crypto, Binary Options Forex, CFDs, Commodities, Shares, Indices
Demo Account
Yes Yes
Minimum Deposit
$10 $100
Payment Methods
ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money MoneyGram, Neteller, Skrill, Visa, Webmoney, Wire Transfer
Minimum Trade
0.001 lots 0.01 lots
Regulator
CySEC FCA, DFSA, CIMA, CySEC
Margin Trading
Yes No
Margin Rate
0.2%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes
Trade Signals
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 -
CFD
Trade on a range of leveraged CFD products at HYCM.
Leverage
1:30 EU, 1:500 1:30 EU, 1:500
FTSE Spread
Not offered
GBPUSD Spread
1 From 0.8
Oil Spread
2.3 From 3.0
Stocks Spread
2 Variable
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 Trade on the FX market with flexible leverage and dynamic market spreads.
GBPUSD Spread
5 pips From 0.8
EURUSD Spread
14 pips From 0.2
EURGBP Spread
15 pips From 1.2
Assets
120 69
Cryptocurrency
IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets. Crypto trading not offered
Spread
BTC 7%, ETH 12% (Var)
Coins
BTC, TRX, XRP, BCH, ETH, EOS, OMG, ETC, QTUM, ZEC, LTC, DASH
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%