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 2023
Feature Binary.com IQ Option
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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
Trade CFDs with tight spreads on key markets as well as the broker's 24/7 synthetic indices, which are not available elsewhere.

Forex Trading
Binary.com deliver advanced forex trading via the MetaTrader 5 platform and flexible account options.

Crypto Trading
Trade with 1:2 leverage on 25+ crypto pairs with zero commission and access to the powerful MT5 platform.

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).

IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low minimum deposit.

CFD Trading
IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform.

Forex Trading
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.

Crypto Trading
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets.

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 CySEC
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 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 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
  • Euronext
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+ 250+
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
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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.