IQ Option vs ThinkMarkets

IQ Option vs ThinkMarkets Comparison Table 2021
IQ Option ThinkMarkets
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%. ThinkMarkets is a multi-regulated forex and CFD broker
71.89% of retail investor accounts lose money when trading CFDs with this provider.
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 CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
Best Value Broker in Asia at the 2020 - Global Forex Awards
Best Forex Trading Experience 2017 - UK Forex Awards
Best Forex Trading Innovation 2017 - UK Forex Awards
Best Customer Service 2013 - UK Forex Awards
Bonus
None None
Instruments
Stocks, Digital Options, Options, CFD, Forex, Crypto, Binary Options Forex, CFDs, indices, stocks, commodities, cryptocurrency, spread betting (UK Only)
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 BPAY, Credit Card, Mastercard, Neteller, POLi, Skrill, Visa, Wire Transfer
Minimum Trade
0.001 lots 0.01 lots
Regulator
CySEC FCA, ASIC, FSCA, FSA Seychelles
Margin Trading
Yes No
Margin Rate
0.2%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes - EAs compatible
Trade Signals
Yes No
VPS Hosting
No -
Tournaments
Yes -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, ZAR -
CFD
CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
Leverage
1:30 EU, 1:500 1:500
FTSE Spread
0.7
GBPUSD Spread
1 1.2
Oil Spread
2.3 3
Stocks Spread
2 From 0.4 points
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 Trading available on 40 major, minor, and exotic currency pairs
GBPUSD Spread
5 pips 0.3 (ThinkZero) Variable.
EURUSD Spread
14 pips 0.0 (ThinkZero) Variable.
EURGBP Spread
15 pips 0.3 (ThinkZero) Variable.
Assets
120 40
Cryptocurrency
IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets. Trading on popular 15+ crypto coins, including Bitcoin, Ethereum & Dash. Leverage up to 1:10
Spread
BTC 7%, ETH 12% (Var) BTC 25, ETH 6 (Variable)
Coins
BTC, TRX, XRP, BCH, ETH, EOS, OMG, ETC, QTUM, ZEC, LTC, DASH BTC, ETH, XRP, BCH, LTC
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%
71.89% of retail investor accounts lose money when trading CFDs with this provider.