Nadex vs IQ Option
| Nadex | IQ Option |
|---|---|
4.3
Nadex is #10 in our binary options broker rankings. |
4
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 Traders from US accepted |
Traders from US not accepted
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Nadex is a renowned exchange and binary options provider, based in the US. The company is fully regulated by the CFTC and offers options, call spreads and Knock Out contracts. Nadex also has just a $1 entry or exit fee and a user-friendly platform and proprietary app. |
IQ Option is a trusted broker with multi-asset trading on its user-friendly proprietary platform. The broker provides trading on forex, stocks, cryptos, indices, commodities and ETFs with competitive fees and a good suite of extra features and educational content. You can also open an account with just $10. |
| RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
| Comment by Reviewer | |
| "Users looking to trade short-term binary options with a US-regulated broker will find a good platform in Nadex." | "IQ Option is a good broker for beginners with a slick platform and low minimum investment. New users can also open an account in three easy steps." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Binary Options, Knock Outs™, Call Spreads | CFD, Forex, Crypto, Stocks, Digital Options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $250 | $10 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | 0.001 Lots |
| Regulator | |
| CFTC | |
| Margin Trading | |
| No | Yes |
| Margin Rate | |
| 0.2% | |
| 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 | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| NadexGO | iOS, Android and Windows |
| Auto Trading | |
| Yes | |
| 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 | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $10 | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| CFD trading not offered | IQ Option deals primarily in CFDs, which are available on stocks, forex, cryptocurrencies and several other markets. The leverage available is in line with EU restrictions, to a maximum of 1:30 on major forex pairs but with less available on more volatile assets. Trades are commission-free with floating spreads and clients can use the award-winning platform. |
| Leverage | |
| 1:500 | |
| GBPUSD Spread | |
| 1 | |
| Oil Spread | |
| 2.3 | |
| Stocks Spread | |
| 2 | |
| Forex Trading | |
| Speculate on 11 popular currency pairs via Knock Out contracts, call spreads and binary options. Nadex offers a wider range of timeframes than most binary options brokers, with contracts spanning from intraday to weekly. | IQ Option offers CFD trading on 24 forex assets, including major pairs and some minors. EU traders can access a maximum of 1:30 leverage in line with local regulations. The broker offers commission-free trades but spreads are on the high side so the brand does not excel in this area. |
| Forex App | |
NadexGO allows trading whenever, wherever, and however traders want. Specializing in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading 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 | |
| 0.25 pips Var | 5 pips |
| EURUSD Spread | |
| 0.25 pips Var | 14 pips |
| EURGBP Spread | |
| 0.25 pips Var | 15 pips |
| Assets | |
| 11 | 250+ |
| Cryptocurrency | |
| Nadex offers a limited list of cryptos with just Bitcoin and Ethereum. Traders can go long or short though with straightforward binary options contracts that mean you don't need to own the underlying token. | IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets, including Bitcoin, Ethereum, and Cardano. Leverage of up to 1:2 is available with a variable spread and no commission. Newer traders will also rate the intuitive trading software. |
| Spread | |
| Variable | 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 | |
| Nadex offers real-time market action with short-term binary options trading. The range of markets is strong with just a $1 fixed fee per side, per contract. Nadex also offers ultra-short term binaries that expire after 5 seconds. | IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low starting deposit. Simply decide whether the price of an asset will go up or down to win a predetermined payout up to 90%+. |
| Payout | |
| Exchange (See Full Review)% | 91% |
| Expiry Times | |
| 5 seconds - 1 week | |
| Ladder Options | |
| No | Yes |
| Boundary Options | |
| Yes | Yes |
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| RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
| More Comparisons | |
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Nadex vs |
IQ Option vs |