IQ Option vs XM
| IQ Option | XM |
|---|---|
4
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4.4
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 Traders from US not accepted |
Traders from US not accepted |
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Open an account with just $10. Trade via CFD over 10 Cryptocurrencies directly, traditional forex with low spreads. |
XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted CySEC-regulated broker has been well-known for its low spreads and competitive fees on 1000+ instruments. XM offers both the MT4 and MT5 platforms. |
| RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
| Bonus Offer | |
| Free VPN Services | |
| Promotions | |
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Improve The Speed & Reliability Of Your Trades With The XM VPS |
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| Comment by Reviewer | |
| "IQ Option is a good broker for beginners with an easy to use platform and a low minimum investment." | "XM will suit traders looking for a trustworthy broker with low fees, access to the reliable MetaTrader platforms, plus excellent market research and education." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFD, Forex, Crypto, Stocks, Digital Options | Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $5 |
| Payment Methods | |
| Multiple local payment methods available | |
| Minimum Trade | |
| 0.001 lots | 0.01 Lots |
| Regulator | |
| IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI | |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 0.2% | |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | Yes |
| 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 | 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 | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS, Android and Windows | iOS, Android & Windows |
| Auto Trading | |
| Yes (EAs) | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| XM offers over copy trading on MT4 and MT5. Integrated signals can be used to inform trades, including buy and sell decisions and entry and exit points. | |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform. | Speculate on rising and falling prices with leveraged CFDs spanning popular financial markets. Users get low spreads and high-quality market insights to support CFD trading. |
| Leverage | |
| 1:500 | 1:500 |
| FTSE Spread | |
| 1.5 pts (var) | |
| GBPUSD Spread | |
| 1 | 2.1 (var) |
| Oil Spread | |
| 2.3 | 0.05 (var) |
| Stocks Spread | |
| 2 | 0.1% (var) |
| 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. | XM offers ultra low spreads across a range of forex markets with no re-quotes or hidden charges. Forex can be traded 24/5 on desktop, web and mobile. Over 50 currency pairs are available including all majors. |
| 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. |
XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MetaTrader 4 and MetaTrader 5 platforms in your hand, with full forex trading and charting capabilities. Try it out today. |
| GBPUSD Spread | |
| 5 pips | 2.1 pips (var) |
| EURUSD Spread | |
| 14 pips | 1.6 pips (var) |
| EURGBP Spread | |
| 15 pips | 2 pips (var) |
| Assets | |
| 250+ | 55+ |
| Currency Indices | |
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| Cryptocurrency | |
| IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets. | Crypto trading not offered |
| Spread | |
| BTC 7%, ETH 12% (Var) | |
| 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 | |
| More Comparisons | |
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IQ Option vs |
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