IQ Option vs SynergyFX

IQ Option vs SynergyFX Comparison Table 2021
IQ Option SynergyFX
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%. SynergyFX is an Australian broker offering ECN accounts & the MetaTrader 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
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
Bonus
None Spin & Win Draw
Instruments
Stocks, Digital Options, Options, CFD, Forex, Crypto, Binary Options Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$10 $50
Payment Methods
ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
0.001 lots 0.01 lots
Regulator
CySEC ASIC, VFSC
Margin Trading
Yes No
Margin Rate
0.2%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
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 No
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes
Trade Signals
Yes -
VPS Hosting
No -
Tournaments
Yes -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No Yes
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, ZAR -
CFD
Trade across several financial markets with up to 1:400 leverage.
Leverage
1:30 EU, 1:500 1:500
FTSE Spread
1.4
GBPUSD Spread
1 1.5
Oil Spread
2.3 0.030
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 forex with competitive spreads.
GBPUSD Spread
5 pips 1.5
EURUSD Spread
14 pips 0.8
EURGBP Spread
15 pips 1.3
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 -
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%