Summary
Neither Deriv nor IQ Option accepts traders from United States. See the brokers that accept you →
Not available in United States 
| Deriv | IQ Option | |
|---|---|---|
| Overview | ||
| Summary | Founded in 1999, Deriv is an innovative broker with over 2.5 million clients worldwide. It offers CFDs, multipliers, and recently, accumulators. Its unique derived products allow flexible short-term trading options. Deriv.com provides high-quality binary options for both traditional and emerging financial markets, with payouts up to 50,000 USD. Binary options are available 24/7, year-round, along with continuous customer support and a highly efficient trading platform. CFD trading: Since expanding its CFDs in 2023, Deriv now allows trading on both rising and falling prices in numerous global markets. This includes exclusive synthetic indices that mimic real markets and operate 24/7 for more trading opportunities. Forex trading: Deriv now offers clients the ability to trade over 40 major, minor, and exotic currency pairs. EUR/USD spreads are competitive at 0.44 pips since being reduced in 2021. Forex CFDs are accessible through MT5 and multipliers on the user-friendly Deriv Trader. Crypto trading: Deriv.com offers over 30 crypto pairs, which is more than competitors like IQ Cent. It's one of the few binary providers offering different ways to trade cryptos, including leverage up to 1:2, increasing potential gains and losses. Deriv Trader features a smooth interface with clear charting tools for analyzing short-term crypto price changes. | 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 |
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| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC | CySEC |
| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs | CFD, Forex, Crypto, Stocks, Digital Options |
| Demo account | Yes | Yes |
| Minimum deposit | $5 | $10 |
| Minimum trade | 0.01 Lots | 0.001 Lots |
| Max payout | 100% | 95% |
| Expiry times | 15 seconds - 365 days | 60 seconds - 1 month |
| Ladder options | Yes | Yes |
| Boundary options | Yes | Yes |
| Platforms & tools | ||
| Mobile apps | Android, iOS (plus progressive web app) | Android (plus APK), iOS (plus progressive web app) |
| Mobile trading | Deriv stands out for its simple app design, improved in 2025 with better position management and clearer contract details. It offers diverse trading options, including traditional markets and unique indices simulating real markets, available 24/7, even on weekends. The in-app chat support is fast and dependable, aiding new users effectively. These features helped Deriv win DayTrading.com's 'Best Trading App' award in 2025. | 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 | Yes | No |
| cTrader | Yes | No |
| TradingView | Yes | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Auto trading | Expert Advisors (EAs) on MetaTrader, DBots | – |
| Copy trading | No | No |
| Social trading | No | No |
| AI / machine learning | Yes | No |
| Robo advisor | No | No |
| Trade signals | Yes | – |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Airtel, Airtm, AstroPay, Banxa, Bitcoin Payments, Boleto, Credit Card, Diners Club, FasaPay, JCB Card, JetonCash, M-Pesa, Maestro, Mastercard, Neteller, Perfect Money, PIX Payment, Przelewy24, Skrill, Sticpay, Trustly, Visa, Volet, WebMoney, Wire Transfer | Boleto, Credit Card, GlobePay, Maestro, MoneyGram, Perfect Money, QIWI, Skrill, Sofort, Vietcombank Transfer, Volet, Wire Transfer, Yandex Money |
| Account currencies | USD, EUR, GBP | 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 | Yes | Yes |
| Negative balance protection | Yes | Yes |
| Market maker | Yes | Yes |
| Margin trading | Yes | 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, Hang Seng, IBEX 35, Japan Exchange Group, Nasdaq, New York Stock Exchange, Russell 2000, S&P 500, Shanghai Stock Exchange, Shenzhen Stock Exchange, SIX Swiss Exchange | 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, Oil, Silver, Precious Metals, Copper, Lead, Cotton, Coffee, Natural Gas, Sugar, Cocoa, Nickel, Palladium, Platinum, Zinc | Oil, Gold |
| Spot trading | Yes | No |
| P2P trading | No | No |
| CFD trading | Yes | Yes |
| CFD leverage | 1:1000 (varies by region) | 1:500 |
| CFD FTSE spread | 1.28 | – |
| CFD GBPUSD spread | 1.4 | 1 |
| CFD oil spread | 0.02 | 2.3 |
| CFD stocks spread | 0.59 (Apple) | 2 |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | 1.4 | 5 pips |
| Forex EURUSD spread | 1.4 | 14 pips |
| Forex EURGBP spread | 1.0 | 15 pips |
| Forex assets | 40+ | 60+ |
| Crypto trading | Yes | Yes |
| Crypto spread | From 0.5 | BTC 7%, ETH 12% (Var) |
| Crypto coins | ADA, ALG, AVA, BAT, BCH, BNB, BTC, DOG, DOT, DSH, EOS, ETC, ETH, FIL, IOT, LNK, LTC, MKR, NEO, OMG, SOL, TRX, UNI, XLM, XMR, XRP, XTZ, ZEC | 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 Deriv or IQ Option better?
Overall we have rated Deriv (91%) 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 comparison table to see if Deriv or IQ Option is best for you.
