Quotex vs IQ Option

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

Quotex vs IQ Option Comparison Table 2023
Feature Quotex IQ Option
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
Summary

Quotex offers a proprietary web platform that has digital options and trading signals.

Quotex offers online binary options on a range of markets with a welcome bonus for new traders.

Forex Trading
Use digital options to take straightforward buy and sell positions on a range of currencies.

Crypto Trading
Trade a handful of the top cryptos at Quotex with up/down binaries.

Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreadsor trade digital options with payouts up to 900% (successful trades only).

IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low minimum deposit.

CFD Trading
IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform.

Forex Trading
IQ Option offer forex trading on a range of currencies. Spreads are on the high side and the brand do 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.

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 30% Deposit Bonus None
Instruments Digital Options, Stocks, Forex, Commodities, Cryptos CFD, Forex, Crypto, Stocks, Digital Options
Demo Account Yes Yes
Minimum Deposit $10 $10
Minimum Trade $1 0.001 lots
Expiry Times 5 seconds - 4 hours
Ladder Binary Options No Yes
Boundary Binary Options No Yes
Payment Methods
  • ADVcash
  • Bitcoin Payments
  • Credit Card
  • Doku Wallet
  • Ethereum Payments
  • Maestro
  • Mastercard
  • Perfect Money
  • Visa
  • Wire Transfer
  • ADVcash
  • Alipay
  • Boleto
  • Credit Card
  • GlobePay
  • Maestro
  • MoneyGram
  • Perfect Money
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Wire Transfer
  • Yandex Money
Regulator CySEC
Mobile Apps iOS & Android iOS, Android and Windows
Auto Trading No
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, EUR, GBP, INR, MYR, IDR, RUB, BRL, THB, VND, UAH USD, EUR, GBP, ZAR
Stock Exchanges
  • Australian Securities Exchange
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • London Stock Exchange
  • Nasdaq
  • S&P 500
  • Euronext
Commodities
  • 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

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 20+ 250+
Crypto Trading Yes Yes
Crypto Spread BTC 7%, ETH 12% (Var)
Crypto Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • 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 Quotex or IQ Option better?

Overall we have rated Quotex (87%) higher than IQ Option (80%), but there are additional factors to take into consideration. For example, does Quotex 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 Quotex or IQ Option is best for you.