IQ Option vs Plus500
IQ Option | Plus500 |
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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%. | A trader with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Cryptocurrency (Availability subject to regulation), Options and Indices. With tight spreads and no commission, they are a leading global brand. |
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Awards | |
Most Trusted Broker 2017, 2018, 2019 - BinaryOptions.net | Best Overall Broker 2020 - DayTrading.com
Best Overall Broker 2019 - DayTrading.com Best Trading App 2019 - DayTrading.com |
Bonus | |
None | None |
Instruments | |
Stocks, Digital Options, Forex, Crypto, Binary Options | Stocks, Options, CFD, Forex, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $100 |
Payment Methods | |
Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Wire Transfer, Yandex Money | BPAY, Credit Card, Giropay, iDeal, Mastercard, Neteller, PayPal, Skrill, Swift, Trustly, Visa, Webmoney, Western Union, Wire Transfer |
Minimum Trade | |
$1 | Varies by asset |
Regulator | |
CySec | FCA, CySec, ASIC |
MetaTrader 4 | |
No | No |
MetaTrader 5 | |
No | No |
Mobile Apps | |
iOS, Android and Windows | iOS, Android and Windows |
Auto Trading | |
No | No |
Trade Signals | |
Yes | No |
Social Trading | |
No | No |
Copy Trading | |
No | No |
Islamic Account | |
Yes | No |
CFD | |
CFD trading not offered | |
FTSE Spread | |
Variable | |
GBPUSD Spread | |
Variable | |
Oil Spread | |
Variable | |
Stocks Spread | |
Variable | |
Forex | |
IQ Option offer forex trading on a small number of currencies. Spreads are on the high side and the brand do not excel in this area | Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account. |
GBPUSD Spread | |
5 pips | Variable |
EURUSD Spread | |
14 pips | Variable |
EURGBP Spread | |
15 pips | Variable |
Assets | |
22 | 70+ |
Cryptocurrency | |
IQ Option are a leading Crypto broker. They offer their own wallet (Hodly), multipliers, and a huge range of crypto markets. | Plus500 accounts can trade CFDs on a range of cryptocurrencies 24/7, with competitive spreads (Just 1% for BTC). Leverage of 1:2 is also available. (Availability subject to regulation.) |
Spread | |
BTC 7%, ETH 12% (Var) | BTC 1%, ETH 1.6% |
Coins | |
BTC, TRX, XRP, BCH, ETH, EOS, OMG, ETC, QTUM, ZEC, LTC, DASH | BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR |
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% | |
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