IQ Option vs TeraFX

IQ Option vs TeraFX Comparison Table 2021
IQ Option TeraFX
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%. TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.
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, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10 $100
Payment Methods
ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money Neteller, Skrill, Visa
Minimum Trade
0.001 lots 0.01 lots
Regulator
CySEC FCA
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 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 -
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 No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, ZAR -
CFD
Trade CFDs with leverage across multiple asset classes.
Leverage
1:30 EU, 1:500 1:30 Retail, 1:200 Professional
FTSE Spread
Floating
GBPUSD Spread
1 Floating
Oil Spread
2.3 Floating
Stocks Spread
2 N/A
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 50+ forex pairs with 1:30 leverage.
GBPUSD Spread
5 pips Floating
EURUSD Spread
14 pips Floating
EURGBP Spread
15 pips Floating
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) Trade top crypto pairs on MT4.
Coins
BTC, TRX, XRP, BCH, ETH, EOS, OMG, ETC, QTUM, ZEC, LTC, DASH BTC, ETH, LTC, XRP
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%