OctaFX vs IQ Option

OctaFX vs IQ Option Comparison Table 2021
OctaFX IQ Option
OctaFX offers multi-asset trading on a range of platforms and mobile solutions. 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%.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best ECN/STP Broker 2019 - FXDaily Info
Best Forex Broker Asia 2019 - FXDaily Info
Best Forex Broker Asia 2018 - Global Banking & Finance Review
Best FX Broker 2018 - European CEO Magazine
Best Trading Conditions 2018 - European CEO Magazine
Best Copy Trading Platform 2018 - Forex-Awards.com
Best Forex ECN Broker 2017 - UK Finance Awards
Best Trading Conditions 2016 - Forex Report Magazine
Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
Best Binary Broker 2021 - DayTrading.com
Bonus
50% deposit bonus None
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Stocks, Digital Options, Options, CFD, Forex, Crypto, Binary Options
Demo Account
Yes Yes
Minimum Deposit
$100 $10
Payment Methods
Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money
Minimum Trade
0.01 lots 0.001 lots
Regulator
CySEC CySEC
Margin Trading
No Yes
Margin Rate
0.2%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
Yes No
STP Account
No No
ECN Account
Yes 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
No No
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes -
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
Yes No
Ethical Investing
No No
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
Yes Yes
Account Currencies
- USD, EUR, GBP, ZAR
CFD
Trade on the financial markets with CFDs.
Leverage
1:30 1:30 EU, 1:500
FTSE Spread
1.8
GBPUSD Spread
1.1 1
Oil Spread
1.1 2.3
Stocks Spread
Variable 2
Forex
OctaFX offers leveraged trading on currencies. 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
GBPUSD Spread
1.1 5 pips
EURUSD Spread
0.7 14 pips
EURGBP Spread
2.1 15 pips
Assets
28 120
Cryptocurrency
Trade popular digital currencies at OctaFX. IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets.
Spread
Variable BTC 7%, ETH 12% (Var)
Coins
BTC, LTC, ETH BTC, TRX, XRP, BCH, ETH, EOS, OMG, ETC, QTUM, ZEC, LTC, DASH
Crypto Lending
No No
Crypto Mining
No 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%