Deriv vs IQ Option

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

Deriv vs IQ Option Comparison Table 2024
Feature Deriv IQ Option
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4.4
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4
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Summary

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs and multipliers, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year on a secure platform with responsive customer support.

CFD Trading
You can trade CFDs on popular markets, including the broker's exclusive synthetic indices which are available 24/7. There are plenty of charting tools available for technical traders, including over 20 indicators in the Deriv Trader platform. New users can also open an account and start trading CFDs instantly.

Forex Trading
Clients can go long or short on a string of major, minor and exotic currency pairs. Spreads on EUR/USD are competitive at 0.5 pips, only marginally trailing the 0.4-pip spreads at alternatives like Alpari. Forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader.

Crypto Trading
Deriv.com continues to offer a strong selection of 30+ crypto pairs - this is more than double the range offered at our leading competitor, IQ Cent. 1:2 leverage is also available so you can magnify potential returns, and there are no commissions which is ideal for newer day traders.

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
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Bonus None None
Instruments CFDs, Multipliers, Forex, Stocks, Indices, Commodities CFD, Forex, Crypto, Stocks, Digital Options
Demo Account Yes Yes
Minimum Deposit $5 $10
Minimum Trade 0.01 Lots 0.001 Lots
Expiry Times 15 seconds to 365 days
Ladder Binary Options Yes Yes
Boundary Binary Options Yes Yes
Payment Methods
  • 1ForYou
  • ADVcash
  • Airtm
  • AstroPay
  • Banxa
  • Boleto
  • Credit Card
  • Diners Club
  • FasaPay
  • JCB Card
  • JetonCash
  • Maestro
  • Mastercard
  • Neteller
  • Paysafecard
  • Paytrust
  • Perfect Money
  • Skrill
  • Sticpay
  • Trustly
  • Visa
  • WebMoney
  • Wire Transfer
  • ADVcash
  • Alipay
  • Boleto
  • Credit Card
  • GlobePay
  • Maestro
  • MoneyGram
  • Perfect Money
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Wire Transfer
  • Yandex Money
Regulator MFSA, LFSA, VFSC, BFSC
Mobile Apps iOS & Android iOS, Android and Windows
Auto Trading Expert Advisors (EAs) on MetaTrader, DBots
Copy Trading Yes No
Social Trading No No
Margin Trading Yes 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 Yes Yes
Market Maker No Yes
P2P Trading No No
Spot Trading Yes No
Trade Signals DMT5
VPS Hosting No No
Tournaments No Yes
Demo Competitions No No
Ethical Investing No No
Islamic Account No Yes
Account Currencies USD, EUR, GBP, AUD USD, EUR, GBP, ZAR
Stock Exchanges
  • Australian Securities Exchange
  • Dow Jones
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • Australian Securities Exchange
  • 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
  • Oil
  • Silver
  • Precious Metals
  • Oil
  • Gold
CFD Trading Yes Yes
CFD Leverage 1:1000 1:500
CFD FTSE Spread 0.5
CFD GBPUSD Spread 0.5 1
CFD Oil Spread 0.018 2.3
CFD Stocks Spread 0.07 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 0.5 5 pips
Forex EURUSD Spread 0.5 14 pips
Forex EURGBP Spread 0.5 15 pips
Forex Assets 30+ 60+
Crypto Trading Yes Yes
Crypto Spread From 0.5 BTC 7%, ETH 12% (Var)
Crypto Coins
  • BTC
  • ETH
  • LTC
  • USDC
  • USDT
  • 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
4.4
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit

FAQ

Is Deriv or IQ Option better?

Overall we have rated Deriv (88%) higher than IQ Option (80%), but there are additional factors to take into consideration. For example, does Deriv accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our easy comparison table to see if Deriv or IQ Option is best for you.