IQ Option vs OKX
IQ Option | OKX |
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4
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4.1
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Traders from US not accepted
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Traders from US not accepted
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IQ Option is a trusted broker with multi-asset trading on its user-friendly proprietary platform. The broker provides trading on forex, stocks, cryptos, indices, commodities and ETFs with competitive fees and a good suite of extra features and educational content. You can also open an account with just $10. |
OKX is a respected cryptocurrency firm, established in 2017, that offers a large suite of products, from mining pools to NFTs. Traders can access over 400 crypto tokens via OTC trading and derivatives. With an excellent web platform, developer tools and dynamic charts, OKX is a popular choice for technical traders. |
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
Customer Reviews | |
5
Based on 1 IQ Option customer reviews
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Bonus Offer | |
$10 in BTC | |
Comment by Reviewer | |
"IQ Option is a good broker for beginners with a slick platform and low minimum investment. New users can also open an account in three easy steps." | "OKX is a top pick for crypto traders looking for emerging coins and crypto projects to invest in. Traders can also make use of the broker's copy trading service and automated bots." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFD, Forex, Crypto, Stocks, Digital Options | Spot, futures, perpetual swaps, options |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | 10 USDT |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.001 Lots | Variable |
Regulator | |
VARA | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
0.2% | |
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 | Yes |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS, Android and Windows | Android & iOS |
App Review | |
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 also synchronised the look and feel of both the web trader and mobile platform, making switching between the two, seamless. |
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Android App Rating | |
4.2 |
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iOS App Rating | |
4.3 |
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Auto Trading | |
Yes | |
Copy Trading | |
No | No |
Social Trading | |
No | 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 | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
IQ Option deals primarily in CFDs, which are available on stocks, forex, cryptocurrencies and several other markets. The leverage available is in line with EU restrictions, to a maximum of 1:30 on major forex pairs but with less available on more volatile assets. Trades are commission-free with floating spreads and clients can use the award-winning platform. | CFD trading not offered |
Leverage | |
1:500 | |
GBPUSD Spread | |
1 | |
Oil Spread | |
2.3 | |
Stocks Spread | |
2 | |
Forex Trading | |
IQ Option offers CFD trading on 24 forex assets, including major pairs and some minors. EU traders can access a maximum of 1:30 leverage in line with local regulations. The broker offers commission-free trades but spreads are on the high side so the brand does not excel in this area. | Forex trading not offered |
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. |
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GBPUSD Spread | |
5 pips | |
EURUSD Spread | |
14 pips | |
EURGBP Spread | |
15 pips | |
Assets | |
60+ | |
Cryptocurrency | |
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets, including Bitcoin, Ethereum, and Cardano. Leverage of up to 1:2 is available with a variable spread and no commission. Newer traders will also rate the intuitive trading software. | OKX continues to offer a superb selection of 400+ tokens including Bitcoin and Ripple. You can buy and sell tokens or trade cryptos on margin via derivatives, including perpetual swaps, options and futures. OKX stands out for its low fees, extensive range of tokens and speedy crypto transactions. |
Spread | |
BTC 7%, ETH 12% (Var) | Variable |
Coins | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | Yes |
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 starting deposit. Simply decide whether the price of an asset will go up or down to win a predetermined payout up to 90%+. | Binary options trading not offered |
Payout | |
91% | |
Ladder Options | |
Yes | No |
Boundary Options | |
Yes | No |
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
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