IQ Option vs Pepperstone
| IQ Option | Pepperstone |
|---|---|
4
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4.8
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 Traders from US not accepted |
Traders from US not accepted |
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Open an account with just $10. Trade via CFD over 10 Cryptocurrencies directly, traditional forex with low spreads. |
Pepperstone is a leading online broker with over 400,000 clients in more than 175 countries. The top-rated firm offers excellent market access, industry-leading platforms in MT4, MT5, TradingView and cTrader, plus low fees with no hidden charges. Pepperstone is also heavily regulated with a high trust score, holding licenses with reputable bodies, including the FCA, ASIC, DFSA, and CySEC. |
| RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. |
| Promotions | |
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Switch To Pepperstone For A $5000 Cash Bonus & 10% Spread Rebate |
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| Comment by Reviewer | |
| "IQ Option is a good broker for beginners with an easy to use platform and a low minimum investment." | "Pepperstone is a best-in-class broker. Experienced traders benefit from razor sharp spreads with sophisticated automation tools and over 1000 instruments. Newer traders get user-friendly platforms, rich education materials and 24/7 support." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFD, Forex, Crypto, Stocks, Digital Options | CFD, Forex, Indices, Currency Indices, ETFs, Shares, Commodities, Spread Betting, Crypto (not Africa and only Pro clients in UK) |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $500 recommended |
| Payment Methods | |
| Minimum Trade | |
| 0.001 lots | 0.01 Lots |
| Regulator | |
| FCA, ASIC, DFSA, CMA, BaFin, CySEC, SCB | |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 0.2% | |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | Yes |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS, Android and Windows | iOS, Android and Windows |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Pepperstone offers an impressive range of third-party platforms, including DupliTrade, a tool that allows investors to automatically replicate the trading activity of experts. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes (Via Chartist Software) | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| 0 | |
| Islamic Account | |
| Yes | Yes |
| 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. | Pepperstone is a fast and reliable CFD broker with 1200+ assets covering forex, commodities, shares, indices, and ETFs. You can also trade currency indices, which aren't available at many alternatives. CFDs can be traded on four leading platforms with a choice of accounts and base currencies. Expert Advisors (EAs) are also supported for automated trading strategies. |
| Leverage | |
| 1:500 | 1:30 (Retail), 1:500 (Pro) |
| FTSE Spread | |
| 1.0 pts | |
| GBPUSD Spread | |
| 1 | 0 pips (Via Razor) |
| Oil Spread | |
| 2.3 | 2.0 pips |
| Stocks Spread | |
| 2 | From 0.0 pts for US shares |
| 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. | Pepperstone offers ultra-low spreads from 0.0 pips on the Razor account and has an excellent selection of 60+ pairs. The broker boasts an impressive 99.94% fill rate with no requotes or dealing desk intervention. Forex lots start at 0.01. |
| 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. |
Pepperstone deliver their MetaTrader 4 and MetaTrader 5 platforms across both Android and iOS. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – the Pepperstone mobile app is a powerful addition. |
| GBPUSD Spread | |
| 5 pips | 0 pips (Via Razor) |
| EURUSD Spread | |
| 14 pips | 0 pips (Via Razor) |
| EURGBP Spread | |
| 15 pips | 0 pips (Via Razor) |
| Assets | |
| 250+ | 60+ |
| 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. | Take positions on cryptos like Bitcoin with up to 1:10 leverage. Pepperstone also offers popular altcoins, as well as crypto indices, which offer a holistic view on the digital currency market. |
| Spread | |
| BTC 7%, ETH 12% (Var) | BTC 30, ETH 0 |
| 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 | No |
| Boundary Options | |
| Yes | No |
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| RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. |
| More Comparisons | |
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IQ Option vs |
Pepperstone vs |