Kraken vs IQ Option

Kraken vs IQ Option Comparison Table 2022
Kraken IQ Option
WINNER
Kraken is the better broker
Not Yet Rated
United States Flag Traders from US accepted
4
United States Flag Traders from US not accepted
Kraken is a top-rated cryptocurrency trading exchange offering the largest tokens and altcoins by market cap. Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreadsor trade digital options with payouts up to 900% (successful trades only).
Risk Warning: Your Capital Might Be At Risk
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Bonus
Lower fees when trading volume exceeds $50,000 in 30 days
Instruments
Cryptos CFD, Forex, Crypto, Stocks, Digital Options
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Payment Methods
Minimum Trade
Varies upon the crypto traded 0.001 lots
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA CySEC
Margin Trading
Yes Yes
Margin Rate
0.2%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
Yes 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
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No
Guaranteed Stop Loss
No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
  • ZAR
Stock Exchanges
CFD Trading
CFD trading not offered
Leverage
1:500
GBPUSD Spread<
1
Oil Spread
2.3
Stocks Spread
2
Forex Trading
Forex trading not offered 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 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.

GBPUSD Spread
5 pips
EURUSD Spread
14 pips
EURGBP Spread
15 pips
Assets
120
Cryptocurrency
Trade over 65 cryptocurrencies including Bitcoin IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets.
Spread
0-0.26% average BTC 7%, ETH 12% (Var)
Coins
  • AAVE
  • ALGO
  • ANT
  • REP
  • REPV2
  • BAT
  • BAL
  • XBT
  • BCH
  • ADA
  • LINK
  • COMP
  • ATOM
  • CRV
  • DAI
  • DASH
  • MANA
  • XDG
  • EWT
  • EOS
  • ETH
  • ETC
  • FIL
  • FLOW
  • GNO
  • ICX
  • KAVA
  • KEEP
  • KSM
  • KNC
  • LSK
  • LTC
  • MLN
  • XMR
  • NANO
  • OCEAN
  • OMG
  • OXT
  • PAXG
  • DOT
  • QTUM
  • XRP
  • SC
  • XLM
  • STORJ
  • SNX
  • TBTC
  • USDT
  • XTZ
  • GRT
  • TRX
  • UNI
  • USDC
  • WAVES
  • YFI
  • ZEC
  • BNB
  • BTC
  • TRX
  • XRP
  • BCH
  • ETH
  • EOS
  • OMG
  • ETC
  • QTUM
  • ZEC
  • LTC
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
Binary Options
Binary options trading not offered IQ Option lead the way in binary options and digital trading. The best platform, with the lowest minimum deposit
Payout
91%
Ladder Options
No Yes
Boundary Options
No Yes
Risk Warning: Your Capital Might Be At Risk
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