1. Home
  2. Online Brokers and Trading Platforms 2023

OspreyFX vs IQ Option

OspreyFX vs IQ Option Comparison Table 2023
OspreyFX IQ Option
Review
3
Review
4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

OspreyFX is an offshore forex and CFD broker with a range of tradeable assets, competitive leverage rates and access to the MT4 and MT5 trading platforms.

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
Pros
  • Full range of investments
  • MetaTrader 4 integration
  • Low minimum deposit
  • Demo account
Cons
  • Weak regulation
  • No copy trading
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Bonus
20% Discount [DayTrading.com Exclusive]
Instruments
Forex, Cryptos, Indices, Stocks, Commodities CFD, Forex, Crypto, Stocks, Digital Options
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Payment Methods
Minimum Trade
0.01 lots 0.001 lots
Margin Trading
Yes Yes
Margin Rate
0.2%
MetaTrader 4
Yes No
MetaTrader 5
Yes 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
Yes 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 Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS, Android and Windows
Auto Trading
EAs (MT4 & MT5)
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
Yes Yes
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
  • GBP
  • ZAR
Stock Exchanges
Commodities
CFD Trading
OspreyFX offers CFDs on forex, commodities, stocks, cryptos and indices.
Leverage
1:500 1:500
FTSE Spread
0.5 pts
GBPUSD Spread<
0.8 pips 1
Oil Spread
0.09 pips 2.3
Stocks Spread
0.4 pips 2
Forex Trading
OspreyFX offers clients more than 50 major, minor and exotic currency pairs. 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

The Forex Squad app is a free education tool with beginner-friendly training and content on a range of topics, including fundamental analysis, forex strategy and trading psychology. The app is free to download.

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
0.8 pips 5 pips
EURUSD Spread
0.5 pips 14 pips
EURGBP Spread
0.8 pips 15 pips
Assets
53 250+
Cryptocurrency
OspreyFX offers a selection of crypto coins paired with USD. 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
  • DASH
  • EDO
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • OMG
  • SAN
  • XMR
  • XRP
  • ZEC
  • DOGE
  • BTC
  • TRX
  • XRP
  • BCH
  • ETH
  • EOS
  • OMG
  • ETC
  • QTUM
  • ZEC
  • LTC
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low minimum deposit.
Payout
91%
Ladder Options
No Yes
Boundary Options
No Yes
Review
Review
Risk Warning: Your Capital Might Be At Risk
More Comparisons
OspreyFX
vs
 IQ Option
vs