IQ Option vs Purple Trading

IQ Option vs Purple Trading Comparison Table 2022
IQ Option Purple Trading
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%. Purple Trading is a regulated forex and CFD broker with ECN and STP execution for a range of markets on two top commercial trading platforms: MT4 and cTrader.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
Best Binary Broker 2021 - DayTrading.com
Bonus
None None
Instruments
Stocks, Digital Options, Options, CFD, Forex, Crypto, Binary Options Stocks, Futures, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
$10 $20
Payment Methods
ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money Credit Card, Debit Card, Neteller, Skrill, Wire Transfer
Minimum Trade
0.001 lots 0.01 lots
Regulator
CySEC CySEC, FCA
Margin Trading
Yes Yes
Margin Rate
0.2%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No Yes
STP Account
No Yes
ECN Account
No Yes
DMA Account
No Yes
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
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
- -
Trade Signals
Yes -
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No Yes
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, ZAR USD, EUR, GBP
CFD
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices.
Leverage
1:30 EU, 1:500 1:30 Retail, 1:500 Professional
FTSE Spread
1.7
GBPUSD Spread
1 1.5
Oil Spread
2.3 600
Stocks Spread
2 Variable
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 Purple Trading clients are in a great position to speculate on foreign exchange markets with over 60 major, minor and exotic currency pairs
GBPUSD Spread
5 pips 1.5
EURUSD Spread
14 pips 1.2
EURGBP Spread
15 pips 1.3
Assets
120 59
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 No
Crypto Mining
No No
Auto Market Maker
No 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%
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