Summary
Neither ExpertOption nor IQ Option accepts traders from United States. See the brokers that accept you →
ExpertOption
Not available in United States
- Min deposit
- $10
- Max payout
- 86%
| ExpertOption | IQ Option | |
|---|---|---|
| Overview | ||
| Summary | Expert Option is an offshore broker providing a simple, intuitive trading platform. Short-term traders can trade 100 popular assets using binary options contracts with up to 95% payouts. Free educational resources and market data are available for higher-tier account holders. Expert Option is a popular binary options broker offering access to 100 assets with a $5 fee on winning trades. Payouts are competitive, and users can easily speculate on price changes through the web platform. Options are designed for very short-term trading, from 60 seconds to 5 minutes. Forex trading: Expert Option traders can access popular forex pairs like USD/EUR, GBP/USD, and GBP/EUR with binary options contracts that provide payouts up to 95%, which is higher than the average of about 85%. Crypto trading: Traders can speculate on Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) price movements using high/low binary options on a proprietary platform. While these are popular cryptocurrencies, the platform lacks the variety and volatility of less common tokens. | IQ Option is a reliable broker offering multi-asset trading via its easy-to-use platform. It allows trading in forex, stocks, cryptos, indices, commodities, and ETFs with low fees, plus extra features and educational resources. An account can be opened with only $10. IQ Option is a well-regarded binary options and digital trading broker. Trade on an easy-to-use platform with a low initial deposit. Just predict if an asset's price will rise or fall to earn a fixed payout of up to 90%+. CFD trading: focuses on CFDs for stocks, forex, cryptocurrencies, and other markets. Leverage varies by location (1:30 in EU, 1:500 globally), with lower rates for more volatile assets. Trades have no commission, featuring floating spreads, and users can access the award-winning platform. Forex trading: IQ Option provides CFD trading on 24 forex assets, including major and some minor pairs. EU traders can use up to 1:30 leverage as per local rules. The broker offers commission-free trades, but spreads are relatively high, so it is not outstanding in this area. Crypto trading: IQ Option is a top crypto broker, providing multipliers and a wide selection of digital currencies like Bitcoin, Ethereum, and Cardano. They offer leverage up to 1:2 with variable spreads and no commission. The user-friendly trading software is ideal for beginners. |
| Warning | – | RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK |
| Awards | – |
|
| Regulator | – | CySEC |
| Instruments | Digital Options on Stocks, Commodities, Forex, Crypto | CFD, Forex, Crypto, Stocks, Digital Options |
| Demo account | Yes | Yes |
| Minimum deposit | $10 | $10 |
| Minimum trade | $1 | 0.001 Lots |
| Max payout | 86% | 95% |
| Expiry times | 5 seconds - 24 hours | 60 seconds - 1 month |
| Ladder options | No | Yes |
| Boundary options | Yes | Yes |
| Platforms & tools | ||
| Mobile apps | Android, iOS via mobile web trader | Android (plus APK), iOS (plus progressive web app) |
| Mobile trading | Expert Option's mobile trading provides basic education and trading for beginners. Our tests show its quizzes and learning materials offer minimal insights into binary options. The 'Tap Game' is also not useful for serious traders. | IQ Option offers an easy-to-use mobile app for forex and their own trading instruments, providing a smooth, secure platform for short-term trades. Recent updates have harmonized the interface of both the web and mobile platforms, allowing effortless switching between them. |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | No |
| cTrader | No | No |
| TradingView | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Copy trading | Yes | No |
| Social trading | Yes | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| Trade signals | Only for Platinum and Exclusive accounts | – |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Bitcoin Payments, FasaPay, M-Pesa, Maestro, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Visa, WebMoney, Wire Transfer | Boleto, Credit Card, GlobePay, Maestro, MoneyGram, Perfect Money, QIWI, Skrill, Sofort, Vietcombank Transfer, Volet, Wire Transfer, Yandex Money |
| Account currencies | USD | USD, EUR, GBP, ZAR |
| 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 |
| Islamic account | No | Yes |
| Negative balance protection | No | Yes |
| Market maker | No | Yes |
| Margin trading | No | Yes |
| Margin rate | – | 0.2% |
| Tournaments | No | Yes |
| Demo competitions | No | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | – | Australian Securities Exchange (ASX), CAC 40 Index France, DAX GER 40 Index, Dow Jones, Euronext, FTSE UK Index, Hong Kong Stock Exchange, IBEX 35, Japan Exchange Group, Nasdaq, S&P 500 |
| Commodities | Gold, Platinum, Silver | Oil, Gold |
| Spot trading | No | No |
| P2P trading | No | No |
| CFD trading | No | Yes |
| CFD leverage | – | 1:500 |
| CFD GBPUSD spread | – | 1 |
| CFD oil spread | – | 2.3 |
| CFD stocks spread | – | 2 |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | Variable | 5 pips |
| Forex EURUSD spread | Variable | 14 pips |
| Forex EURGBP spread | Variable | 15 pips |
| Forex assets | 6 | 60+ |
| Crypto trading | Yes | Yes |
| Crypto spread | $5 on any winning trades | BTC 7%, ETH 12% (Var) |
| Crypto coins | BCH, BTC, ETH | BCH, BTC, DASH, EOS, ETC, ETH, LTC, OMG, QTUM, TRX, XRP, ZEC |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Read review | Read review |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is ExpertOption or IQ Option better?
We have rated IQ Option (80%) higher than ExpertOption (70%), but the overall rating can't be the only determining factor. For example, does IQ Option accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use the comparison table to see if ExpertOption or IQ Option is best for you.
