IQ Option vs Mitrade

IQ Option vs Mitrade Comparison Table 2023
IQ Option	Mitrade
Review 4	Review Not Yet Rated
Traders from US not accepted	Traders from US not accepted
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% (successful trades only).	Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients.
Risk Warning: Your Capital Might Be At Risk
Pros
Regulatory oversight from the CySEC 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 Professional account available
Cons
€10 inactivity fee after 90 days No MetaTrader 4 integration
Awards
[content notgeo="EU"]Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net Best Binary Broker 2021 - DayTrading.com[/content]
Bonus
	$50 welcome bonus
Instruments
CFD, Forex, Crypto, Stocks, Digital Options	Stocks, CFD, Forex, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$10	$0
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 POLi Skrill Visa Wire Transfer
Minimum Trade
0.001 lots	0.01 lots
Regulator
CySEC	ASIC
Margin Trading
Yes	No
Margin Rate
0.2%
MetaTrader 4
No	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
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	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS, Android and Windows	iOS & Android
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	No
VPS Hosting
No	No
Tournaments
Yes	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	No
Account Currencies
USD EUR GBP ZAR	USD AUD
Stock Exchanges
	Australian Securities Exchange Deutsche Boerse Euronext Hong Kong Stock Exchange Japan Exchange Group New York Stock Exchange
Commodities
Gold Oil
CFD Trading
IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform.	Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices.
Leverage
1:500	1:30 Retail, 1:250 Professional
FTSE Spread
	3
GBPUSD Spread
1	1.5
Oil Spread
2.3	0.05
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.	A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform.
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	1.5
EURUSD Spread
14 pips	1
EURGBP Spread
15 pips	1.2
Assets
250+	60
Cryptocurrency
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets.	Mitrade offers CFD trading in four major cryptocurrencies 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
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
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