Binary.com vs IQ Option

Compare Binary.com and IQ Option in this side-by-side table listing each broker’s features, platforms, instruments and much more.

Binary.com vs IQ Option Comparison Table 2024
Feature Binary.com IQ Option
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit
Summary

Binary.com are the established pioneers of binary options. They are a well-known broker offering 150+ derivative products across a range of popular markets. With over 2.5 million users worldwide, the broker offers options multipliers and CFDs on two powerful trading platforms.

Binary.com are the pioneers of binary options. The original binary brand continue to expand and innovate their offering and remain one of the most trusted brands in the binary sector.

CFD Trading
Deriv's CFD offering includes 38 forex pairs, 58 stocks, seven indices, 31 crypto pairs and 16 indices, with variable leverage up to 1:30 and tight spreads. The broker also offers CFDs on four synthetic indices, which allow 24/7 trading on customisable levels of volatility, and they are not available elsewhere.

Forex Trading
Deriv traders can speculate on 38 major and minor pairs via CFDs on MT4 or 14 majors with the broker's 'multiplier' derivatives via the proprietary trading terminal. This is a decent range of currencies compared to many alternatives.

Crypto Trading
Deriv's 31 crypto CFDs are traded in pairs with USD and leverage up to 1:2. Multipliers are available on the BTC/USD and ETH/USD pairs. We like that crypto traders also get access to the powerful MT5 platform.

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.

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%+.

CFD Trading
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.

Forex Trading
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.

Crypto Trading
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.

Warning RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Awards
  • Best Binary Options Broker 2019 - DayTrading.com
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Bonus None None
Instruments Binary Options, Forex, CFD, Stocks, Crypto CFD, Forex, Crypto, Stocks, Digital Options
Demo Account Yes Yes
Minimum Deposit $5 $10
Minimum Trade $1 0.001 Lots
Ladder Binary Options Yes Yes
Boundary Binary Options Yes Yes
Payment Methods
  • Bitcoin Payments
  • FasaPay
  • Paysafecard
  • Perfect Money
  • QIWI
  • Skrill
  • Wire Transfer
  • Yandex Money
  • ADVcash
  • Alipay
  • Boleto
  • Credit Card
  • GlobePay
  • Maestro
  • MoneyGram
  • Perfect Money
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Wire Transfer
  • Yandex Money
Regulator MGA, SC
Mobile Apps iOS, Android iOS, Android and Windows
Auto Trading Binary.com offer a self build robot feature to design, test and implement automated trading strategies
Copy Trading No No
Social Trading No No
Margin Trading No Yes
Margin Rate 0.2%
MetaTrader 4 No 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 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
VPS Hosting No No
Tournaments No Yes
Demo Competitions No No
Ethical Investing No No
Islamic Account No Yes
Account Currencies USD USD, EUR, GBP, ZAR
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
  • Oil
  • Gold
CFD Trading Yes Yes
CFD Leverage 1:1000 1:500
CFD FTSE Spread 1 pt var
CFD GBPUSD Spread 1 pip var 1
CFD Oil Spread 3 pips var 2.3
CFD Stocks Spread 2
Forex Trading Yes Yes
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.

Forex GBPUSD Spread 1 pip var 5 pips
Forex EURUSD Spread 0.5 pip var 14 pips
Forex EURGBP Spread 1 pip var 15 pips
Forex Assets 45+ 60+
Crypto Trading Yes Yes
Crypto Spread BTC 2%, ETH 3% BTC 7%, ETH 12% (Var)
Crypto Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • 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
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit

FAQ

Is Binary.com or IQ Option better?

Our overall rating of Binary.com and IQ Option is the same at 80%, so there's no clear winner. Use our comparison table to decide if you should pick Binary.com or IQ Option. For example, do Binary.com and IQ Option both accept traders from your country or maybe only one of them does? There are also differences in what their trading platforms offer and which assets can be traded.