Nadex Exchange vs IQ Option

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

Nadex Exchange vs IQ Option Comparison Table 2024
Feature Nadex Exchange IQ Option
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4.3
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United States accepted
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4
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United States NOT accepted
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Summary

Nadex is a renowned exchange and binary options provider, based in the US. The company is fully regulated by the CFTC and offers options, call spreads and Knock Out contracts. Nadex also has just a $1 entry or exit fee and a user-friendly platform and proprietary app.

Nadex offers real-time market action with short-term binary options trading. The range of markets is strong with just a $1 fixed fee per side, per contract. Nadex also offers ultra-short term binaries that expire after 5 seconds.

Forex Trading
Speculate on 11 popular currency pairs via Knock Out contracts, call spreads and binary options. Nadex continues to offer a wider range of timeframes than most binary options brokers, with contracts spanning from intraday to weekly.

Crypto Trading
Nadex offers a limited list of cryptos with just Bitcoin and Ethereum. Traders can go long or short though with straightforward binary options contracts that mean you don't need to own the underlying token.

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 Binary Options, Knock Outs™, Call Spreads CFD, Forex, Crypto, Stocks, Digital Options
Demo Account Yes Yes
Minimum Deposit $250 $10
Minimum Trade $1 0.001 Lots
Expiry Times 5 seconds - 1 week
Ladder Binary Options No Yes
Boundary Binary Options Yes Yes
Payment Methods
  • ACH Transfer
  • Cheque
  • Debit Card
  • Mastercard
  • Visa
  • Wire Transfer
  • ADVcash
  • Alipay
  • Boleto
  • Credit Card
  • GlobePay
  • Maestro
  • MoneyGram
  • Perfect Money
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Wire Transfer
  • Yandex Money
Regulator CFTC
Mobile Apps NadexGO iOS, Android and Windows
Auto Trading Yes
Copy Trading No No
Social Trading No No
Margin Trading No Yes
Margin Rate 0.2%
MetaTrader 4 No No
MetaTrader 5 No 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
Trade Signals Yes
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
  • DAX GER 40 Index
  • Dow Jones
  • FTSE UK Index
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • Shenzhen 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
  • Natural Gas
  • Gold
  • Silver
  • Oil
  • Oil
  • Gold
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 App

NadexGO allows trading whenever, wherever, and however traders want. Specializing in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading 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 0.25 pips Var 5 pips
Forex EURUSD Spread 0.25 pips Var 14 pips
Forex EURGBP Spread 0.25 pips Var 15 pips
Forex Assets 11 60+
Crypto Trading Yes Yes
Crypto Spread Variable BTC 7%, ETH 12% (Var)
Crypto Coins
  • BTC
  • ETH
  • 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
4.3
United States Flag
United States accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit

FAQ

Is Nadex Exchange or IQ Option better?

Overall we have rated Nadex Exchange (86%) higher than IQ Option (80%), but there are additional factors to take into consideration. For example, does Nadex Exchange 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 Nadex Exchange or IQ Option is best for you.