OlympTrade vs IQ Option

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

OlympTrade vs IQ Option Comparison Table 2024
Feature OlympTrade IQ Option
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1.5
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4
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Summary

Olymp Trade was established in 2014 and now boasts over 25k active traders each day. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform, competitive spreads and attractive rewards for new traders. Olymp Trade also offers fixed time trades over a huge range of markets.

Olymp Trade offers fixed time trades on a huge range of markets. Established in 2014, the firm now sees more than 30 million monthly transactions with an average monthly payout of over $16 million.

Crypto Trading
Olymp Trade offers a handful of leading cryptos like Bitcoin and Ethereum. The Basic Altcoin Index is also a great addition, offering broader exposure to the currency market for those that don't want to put all their money in one crypto.

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 Fixed Time Trades CFD, Forex, Crypto, Stocks, Digital Options
Demo Account Yes Yes
Minimum Deposit $10 $10
Minimum Trade $1 0.001 Lots
Expiry Times 5 seconds - 23 hours
Ladder Binary Options No Yes
Boundary Binary Options No Yes
Payment Methods
  • AstroPay
  • Bitcoin Payments
  • Doku Wallet
  • FasaPay
  • Flutterwave
  • M-Pesa
  • Neteller
  • Perfect Money
  • Skrill
  • WebMoney
  • Wire Transfer
  • Yandex Money
  • ADVcash
  • Alipay
  • Boleto
  • Credit Card
  • GlobePay
  • Maestro
  • MoneyGram
  • Perfect Money
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Wire Transfer
  • Yandex Money
Regulator FinaCom
Mobile Apps iOS, Android and Windows iOS, Android and Windows
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
VPS Hosting No No
Tournaments No Yes
Demo Competitions No No
Ethical Investing No No
Islamic Account Yes Yes
Account Currencies USD USD, EUR, GBP, ZAR
Stock Exchanges
  • 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
  • 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 No 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 5 pips
Forex EURUSD Spread 14 pips
Forex EURGBP Spread 15 pips
Forex Assets 60+
Crypto Trading Yes Yes
Crypto Spread Variable BTC 7%, ETH 12% (Var)
Crypto Coins
  • BTC
  • DASH
  • ETH
  • LTC
  • 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
1.5
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit

FAQ

Is OlympTrade or IQ Option better?

We have rated IQ Option (80%) higher than OlympTrade (30%), but the overall rating can't be the only determining factor. For example, does OlympTrade 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 OlympTrade or IQ Option is best for you.