IQ Option vs IG Group
IQ Option | IG Group |
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4
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4.4
IG Group is #2 in our CFD broker rankings. |
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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 | |
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Cons | |
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Awards | |
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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 | |
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 | |
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Stock Exchanges | |
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Commodities | |
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 | |
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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 | |
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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 |
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RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | Forex trading involves risk. Losses can exceed deposits |
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