IQ Option vs Saxo Bank

IQ Option vs Saxo Bank Comparison Table 2021
IQ Option Saxo Bank
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 regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
United States Flag Traders from US not accepted
United States Flag Traders from US not 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 Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$10 $10000
Payment Methods
ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.001 lots Vary by asset
Regulator
CySEC DFSA, MAS, FCA, SFC
Margin Trading
Yes No
Margin Rate
0.2%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android and Windows SaxoTraderGo (iOS, Android, Windows)
Auto Trading
- -
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, ZAR USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
CFD
Leverage
1:30 EU, 1:500 1:30
FTSE Spread
1.2 pts (Variable)
GBPUSD Spread
1 0.7 (var)
Oil Spread
2.3 0.03
Stocks Spread
2 0.10% (subject to min commission)
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
GBPUSD Spread
5 pips 0.7 (varies by region)
EURUSD Spread
14 pips 0.2 (varies by region)
EURGBP Spread
15 pips 0.6 (varies by region)
Assets
120 40+
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%