IQ Option vs SimpleFX

IQ Option vs SimpleFX Comparison Table 2021
IQ Option SimpleFX
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%. SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
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 50% spread cashback
Instruments
Stocks, Digital Options, Options, CFD, Forex, Crypto, Binary Options Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10 $0
Payment Methods
ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money Bitcoin Payments, FasaPay, Neteller, Skrill
Minimum Trade
0.001 lots 0.01 lots
Regulator
CySEC None
Margin Trading
Yes No
Margin Rate
0.2%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No -
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No -
Spot Trading
No No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes
Trade Signals
Yes Yes
VPS Hosting
No -
Tournaments
Yes -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No Yes
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, ZAR -
CFD
Leveraged CFD products are available in multiple financial markets.
Leverage
1:30 EU, 1:500 1:500
FTSE Spread
1.3
GBPUSD Spread
1 1.2
Oil Spread
2.3 0.03
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 Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
5 pips 1.2
EURUSD Spread
14 pips 0.9
EURGBP Spread
15 pips 0.9
Assets
120 60
Cryptocurrency
IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets. Trade crypto and US Dollar CFDs.
Spread
BTC 7%, ETH 12% (Var) From 0.0001
Coins
BTC, TRX, XRP, BCH, ETH, EOS, OMG, ETC, QTUM, ZEC, LTC, DASH BTC, BHC, LTC, ETH, ETC, XRP, LNK
Crypto Lending
No -
Crypto Mining
No -
Auto Market Maker
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%