IQ Option vs NicoFX

IQ Option vs NicoFX Comparison Table 2021
IQ Option NicoFX
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%. NicoFX facilitates trading in forex and precious metals under CySEC regulation.
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
Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
Best STP Broker 2016 - MENA Awards
Bonus
None None
Instruments
Stocks, Digital Options, Options, CFD, Forex, Crypto, Binary Options Forex, Metals
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 Credit Card, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
0.001 lots 0.01 lots
Regulator
CySEC CySEC
Margin Trading
Yes -
Margin Rate
0.2%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No -
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No -
PAMM Account
No -
LAMM Account
No -
Demat Account
No -
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No -
Spot Trading
No -
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes (EAs)
Trade Signals
Yes Yes
VPS Hosting
No -
Tournaments
Yes -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, ZAR -
CFD
CFD trading not offered
Leverage
1:30 EU, 1:500 1:30
FTSE Spread
N/A
GBPUSD Spread
1 From 0.9
Oil Spread
2.3 N/A
Stocks Spread
2 N/A
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 Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
5 pips From 0.9
EURUSD Spread
14 pips From 0.9
EURGBP Spread
15 pips From 0.9
Assets
120 38
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 -
Crypto Mining
No -
Auto Market Maker
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%