IQ Option vs Trade Republic

IQ Option vs Trade Republic Comparison Table 2021
IQ Option Trade Republic
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%. Trade Republic is a German-based mobile-only securities bank and stockbroker that supports stocks, derivatives and crypto 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 Stocks, ETFs, Indices, Derivatives, Cryptos
Demo Account
Yes No
Minimum Deposit
$10 $0
Payment Methods
ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money Credit Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.001 lots 0.01 lots
Regulator
CySEC BaFin, Bundesbank
Margin Trading
Yes No
Margin Rate
0.2%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
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 Yes
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
- -
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 No
Account Currencies
USD, EUR, GBP, ZAR EUR
CFD
Trade Republic offers over 40,000 derivatives assets, including CFDs, with no commission charges or spread mark-ups.
Leverage
1:30 EU, 1:500
FTSE Spread
Market
GBPUSD Spread
1 Market
Oil Spread
2.3 Market
Stocks Spread
2 Market
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 Republic offers derivatives trading on a range of currencies for its European clients.
GBPUSD Spread
5 pips Market
EURUSD Spread
14 pips Market
EURGBP Spread
15 pips Market
Assets
120 Limited
Cryptocurrency
IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets. Trade Republic supports derivatives trading on four leading cryptocurrencies.
Spread
BTC 7%, ETH 12% (Var) Market
Coins
BTC, TRX, XRP, BCH, ETH, EOS, OMG, ETC, QTUM, ZEC, LTC, DASH BTC, ETH, LTC, BCH
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 are offered on popular financial markets.
Payout
91% Undisclosed%