Summary
Neither GC Option nor IQ Option accepts traders from United States. See the brokers that accept you →
Not available in United States 
| GC Option | IQ Option | |
|---|---|---|
| Overview | ||
| Summary | GC Option is a binary options broker offering contracts with adjustable lengths and payouts up to 86% on 27 instruments. It is among the few brokers supporting MetaTrader 4, alongside two proprietary platforms. GC Option provides easy-to-use binary options with 86% payouts and options in forex, metals, and cryptocurrencies. The broker is notable for its top-notch trading software and access to short-term contracts from 60 seconds to 48 hours. Forex trading: GC Option provides binary options on over 25 currency pairs, including major and minor pairs, and metals paired with USD. Unlike regular forex trading, users predict if a currency's price will rise or fall. Successful predictions can lead to payouts of over 80%, while incorrect ones may result in losing the entire investment. Crypto trading: Trade popular crypto tokens with simple binary options. Decide if the price of tokens like Bitcoin will go up or down, starting with just a $1 stake. | 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 | Binary Options on Forex, Metals and Cryptos | 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 | 1 minute - 48 hours | 60 seconds - 1 month |
| Ladder options | No | Yes |
| Boundary options | No | Yes |
| Platforms & tools | ||
| Mobile apps | iOS & Android via mobile web trader | Android (plus APK), iOS (plus progressive web app) |
| Mobile trading | Like many binary brands, GC Option lacks a dedicated app. You can conduct short-term trades via mobile browsers. The mobile trading setup is average, with charts that can be difficult to use effectively. It is adequate for managing accounts but doesn't match top industry standards. | 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 | Yes | 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 | No | No |
| Social trading | No | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Google Pay, Mastercard, 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, JPY, RUB | 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, 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 | 25+ | 60+ |
| Crypto trading | Yes | Yes |
| Crypto spread | Variable | BTC 7%, ETH 12% (Var) |
| Crypto coins | BCH, BNB, BTC, DSH, ETC, ETH, XMR, 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 GC Option or IQ Option better?
We have rated IQ Option (80%) higher than GC Option (65%), 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 GC Option or IQ Option is best for you.
