IQ Option vs IG Group

IQ Option vs IG Group Comparison Table 2023
IQ Option	IG Group
Review 4	Review 4.4 IG Group is #2 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.	IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK	Forex trading involves risk. Losses can exceed deposits
Comment by Reviewer
"IQ Option is a good broker for beginners with an easy to use platform and a low minimum investment."	"IG offers a superb all-round package. Beginners will appreciate the user-friendly web platform and secure trading environment while established investors will rate the 18,000+ markets and top-tier market research."
Pros
User-friendly platform for beginners Excellent range of payment methods Reliable 24/7 multilingual support Access to IQ Option community High payouts on binary options iOS & Android compatible app	IG is an LSE-listed company with a transparent financial history and a great track record Over 18,000 assets are available spanning stocks, forex, commodities, baskets, futures, options and more IG offers great educational materials including an extensive library of training and support on how to day trade successfully Users have access to a comprehensive range of charts, market news, client sentiment data, and analysis tools Share dealing and ISAs are available for longer term investing Opening an account takes less than 5 minutes 24/5 customer support is available
Cons
€10 inactivity fee after 90 days No MetaTrader 4 integration	Inactivity charge No copy trading platform
Awards
Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net Best Binary Broker 2021 - DayTrading.com	Best Customer Service 2022 - Online Money Awards Best Spread Betting Provider 2022 - Online Money Awards Best Platform for the Active Trader 2022 - ADVFN International Financial Awards Best Multi Platform Provider 2022 - ADVFN International Financial Awards Best Finance App 2022 - ADVFN International Financial Awards
Instruments
CFD, Forex, Crypto, Stocks, Digital Options	Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting
Demo Account
Yes	Yes
Minimum Deposit
$10	£250
Payment Methods
ADVcash Alipay Boleto Credit Card GlobePay Maestro MoneyGram Perfect Money QIWI Skrill Sofort Vietcombank Transfer Wire Transfer Yandex Money	Credit Card Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
0.001 lots	0.1 lots
Regulator
	FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin
Margin Trading
Yes	Yes
Margin Rate
0.2%
MetaTrader 4
No	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	Yes
Negative Balance Protection
Yes	Yes
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS, Android and Windows	iOS & Android
Auto Trading
	Yes
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	Yes
VPS Hosting
No	Yes
Tournaments
Yes	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Islamic Account
Yes	No
Account Currencies
USD EUR GBP ZAR	USD EUR GBP
Stock Exchanges
	Australian Securities Exchange Borsa Italiana Bombay Stock Exchange Deutsche Boerse Dow Jones Euronext Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Tadawul Toronto Stock Exchange Taiwan Stock Exchange
Commodities
Gold Oil	Aluminium Coffee Cannabis Copper Gold Iron Lithium Natural Gas Nickel Oil Orange Juice Palladium Precious Metals Silver Soybeans Steel Sugar Wheat
CFD Trading
IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform.	IG offers an impressive suite of 18,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience.
Leverage
1:500	1:30
FTSE Spread
	1.0 pt
GBPUSD Spread
1	from 0.589 pips
Oil Spread
2.3	2.8 pips
Stocks Spread
2	Variable
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.	IG offers currency trading on its award-winning web platform and mobile app. Comprehensive charts and forex analysis tools are also available through ProRealTime.
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.	IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.
GBPUSD Spread
5 pips	from 0.589 pips
EURUSD Spread
14 pips	from 0.165 pips
EURGBP Spread
15 pips	from 0.540 pips
Assets
250+	90+
Currency Indices
	USD
Cryptocurrency
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets.	11 popular cryptos are available, plus two crypto crosses. A crypto index is also offered, following the value of the top 10 digital currencies by market cap. All cryptos are available via CFDs.
Spread
BTC 7%, ETH 12% (Var)	Variable
Coins
BTC TRX XRP BCH ETH EOS OMG ETC QTUM ZEC LTC DASH	BTC BCH LTC ETH ADA DOT DOGE LINK UNI XLM
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	Yes
Boundary Options
Yes	No

Review	Review
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK	Forex trading involves risk. Losses can exceed deposits
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