IQ Option vs WazirX
IQ Option | WazirX |
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Not Yet Rated
WazirX is #29 in our crypto broker rankings. |
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Open an account with just $10. Trade via CFD over 10 Cryptocurrencies directly, traditional forex with low spreads. |
WazirX is an Indian cryptocurrency exchange with several extra functionalities, including P2P trading, an NFT marketplace and Smart Token Funds. |
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
Comment by Reviewer | |
"IQ Option is a good broker for beginners with an easy to use platform and a low minimum investment." | |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFD, Forex, Crypto, Stocks, Digital Options | Crypto |
Demo Account | |
Yes | No |
Minimum Deposit | |
$10 | INR 100 |
Payment Methods | |
Minimum Trade | |
0.001 lots | $14.50 |
Margin Trading | |
Yes | No |
Margin Rate | |
0.2% | |
MetaTrader 4 | |
No | No |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
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 | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | Yes |
Spot Trading | |
No | No |
Mobile Apps | |
iOS, Android and Windows | iOS & Android |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | No |
Account Currencies | |
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Commodities | |
CFD Trading | |
IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform. | CFD trading not offered |
Leverage | |
1:500 | |
GBPUSD Spread | |
1 | |
Oil Spread | |
2.3 | |
Stocks Spread | |
2 | |
Forex Trading | |
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. | Forex trading not offered |
Forex App | |
IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account. |
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GBPUSD Spread | |
5 pips | |
EURUSD Spread | |
14 pips | |
EURGBP Spread | |
15 pips | |
Assets | |
250+ | |
Cryptocurrency | |
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets. | WazirX is a crypto exchange with a wide range of tokens available for purchase using INR, USDT, BTC or the native WRX token. |
Spread | |
BTC 7%, ETH 12% (Var) | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low minimum deposit. | Binary options trading not offered |
Payout | |
91% | |
Ladder Options | |
Yes | No |
Boundary Options | |
Yes | No |
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RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
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