PrimeXBT vs IQ Option

PrimeXBT vs IQ Option Comparison Table 2023
PrimeXBT IQ Option
WINNER
PrimeXBT is the better broker
4.2
4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

PrimeXBT is a Bitcoin-based platform offering highly leveraged trading in FX, indices, commodities, & cryptocurrencies. Copy trading and crypto staking also available.

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
  • Low minimum deposit
  • Copy trading
Cons
  • No demo account
  • No MT4 integration
  • No regulatory oversight
Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Promotions

Enter PrimeXBT Virtual Contests To Win Real Prizes

Instruments
CFDs, Cryptos, Forex, Indices, Commodities CFD, Forex, Crypto, Stocks, Digital Options
Demo Account
No Yes
Minimum Deposit
0.001 BTC $10
Payment Methods
Minimum Trade
0.01 contract 0.001 lots
Margin Trading
Yes Yes
Margin Rate
0.2%
MetaTrader 4
No No
MetaTrader 5
No 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
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
iOS & Android iOS, Android and Windows
Copy Trading
Yes No
Copy Trading Platform
PrimeXBT offers an excellent Covesting module where traders can follow the strategies of other users with free and paid-for signals.
Social Trading
Yes No
Trade Signals
No
VPS Hosting
No No
Tournaments
Yes Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs with low fees and fast execution speeds.
Leverage
1:200 1:500
FTSE Spread
Variable
GBPUSD Spread<
Variable 1
Oil Spread
Variable 2.3
Stocks Spread
Variable 2
Forex Trading
Trade on close to 20 currency pairs, including crypto pairs. 'Covest' and follow experienced traders. 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
Variable 5 pips
EURUSD Spread
Variable 14 pips
EURGBP Spread
Variable 15 pips
Assets
18 250+
Cryptocurrency
Trade on popular cryptocurrency coins with an award winning trading platform. Leverage up to 1:200 subject to regulation. IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets.
Spread
0.05% BTC, 0.05% ETH BTC 7%, ETH 12% (Var)
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • 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 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
Risk Warning: Your Capital Might Be At Risk
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