IQ Option vs RoboForex

IQ Option vs RoboForex Comparison Table 2023
IQ Option RoboForex
4
4.5
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Open an account with just $10. Trade via CFD over 10 Cryptocurrencies directly, traditional forex with low spreads.

RoboForex is a global broker launched in 2009. The firm offers more than 12,000 instruments spanning 9 asset classes with trades from 0.01 lots and spreads from 0 pips. The broker's advanced copy trading tool is also home to thousands of active traders.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Bonus Offer
$30 welcome deposit bonus
Promotions

RoboForex Is Topping Up Accounts By Up To 10%

Comment by Reviewer
"IQ Option is a good broker for beginners with an easy to use platform and a low minimum investment." "RoboForex is a good pick for traders looking for a wide range of markets with welcome bonuses and loyalty promotions."
Pros
  • User-friendly platform for beginners
  • Excellent range of payment methods
  • Reliable 24/7 multilingual support
  • Access to IQ Option community
  • High payouts on binary options
  • iOS & Android compatible app
  • Commission-free trading on US stocks
  • Choice of leading platforms, including MT4 and MT5
  • ECN and Prime accounts for active traders with low fees
  • Automated trading permitted with user-friendly robot builders
  • Accessible payment methods including PayPal
  • VPS server for 24/7 uninterrupted trading
  • Respected brand regulated by the CySEC
  • Two free withdrawals each month
  • Low deposit for newer traders
Cons
  • €10 inactivity fee after 90 days
  • No MetaTrader 4 integration
  • Instruments and fees vary between platforms
  • Demo account expires after 90 days
  • Average range of currencies
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
  • Best Global Mobile Trading App 2020 - Global Forex Awards B2B
  • Best Broker of the CIS 2019 - IAFT Awards
  • Best Investment Platform 2019 - IAFT Awards
  • Best Educational Forex-Center CIS 2019 - IAFT Awards
  • Best Stock Broker Asia 2019 - International Business Magazine Awards
  • Best Investment Products 2019 - Global Brands Magazine
Instruments
CFD, Forex, Crypto, Stocks, Digital Options Forex, CFDs, indices, shares, commodities, cryptocurrencies, cryptoindices, ETFs
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Payment Methods
Minimum Trade
0.001 lots 0.01 lots
Regulator
IFSC
Margin Trading
Yes No
Margin Rate
0.2%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No Yes
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 No
Spot Trading
No Yes
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
Yes
Copy Trading
No Yes
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform. Trade a huge selection of CFDs with more than 12,000 assets and very high leverage up to 1:2000. Micro lot trading is also available with access to interbank liquidity providers for low fees.
Leverage
1:500 1:2000
FTSE Spread
N/A
GBPUSD Spread
1 2
Oil Spread
2.3 5.2
Stocks Spread
2 From 0.1
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. Trade over 40 currency pairs with tight spreads from 0 pips. Forex traders have a choice of leading platforms including MT4, MT5 and an in-house web trader. The CopyFX system also lets you mirror experienced currency traders with a $100 minimum investment.
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.

GBPUSD Spread
5 pips 2
EURUSD Spread
14 pips 1.4
EURGBP Spread
15 pips 1.6
Assets
250+ 40+
Cryptocurrency
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets. Trade over 30 leading cryptos against the USD and EUR. Digital currencies are available on the user-friendly R StockTrader platform. New users can start trading cryptos in three easy steps.
Spread
BTC 7%, ETH 12% (Var) Variable
Coins
  • BTC
  • TRX
  • XRP
  • BCH
  • ETH
  • EOS
  • OMG
  • ETC
  • QTUM
  • ZEC
  • LTC
  • DASH
  • BTC
  • ETH
  • XRP
  • LTC
  • DSH
  • BCH
  • EOC
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
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
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