IQ Option vs Plus500
| IQ Option | Plus500 |
|---|---|
 |
 |
| 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, Options and Indices. With tight spreads and no commission, they are a leading global brand. |
| Awards | |
| Most Trusted Broker 2017, 2018 - 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 |
| 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 |
| 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. |
| 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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