RaceOption vs IQ Option

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

RaceOption vs IQ Option Comparison Table 2023
Feature RaceOption IQ Option
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rating full
3.5
United States Flag
United States accepted
» Visit
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4
United States Flag
United States NOT accepted
» Visit
Summary

RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.

RaceOption offers binary options on popular financial markets with payouts up to 95%. The broker also runs regular trading contests.

CFD Trading
Go long and short on popular financial markets via the RaceOption platform

Forex Trading
Trade major and minor currency pairs with competitive leverage rates

Crypto Trading
Trade Bitcoin against the USD and CNY

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 20% - 200% Deposit Bonus None
Instruments Binary Options, CFDs CFD, Forex, Crypto, Stocks, Digital Options
Demo Account Yes Yes
Minimum Deposit $250 $10
Minimum Trade ¢0.01 0.001 lots
Expiry Times 5 seconds - 30 days
Ladder Binary Options Yes Yes
Boundary Binary Options No Yes
Payment Methods
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • Visa
  • 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
Copy Trading Yes No
Social Trading Yes No
Margin Trading Yes Yes
Margin Rate 0.2%
MetaTrader 4 No No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView Yes 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 Yes No
VPS Hosting No No
Tournaments Yes Yes
Demo Competitions No No
Ethical Investing No No
Islamic Account No Yes
Account Currencies USD, EUR, GBP, AUD, RUB USD, EUR, GBP, ZAR
Stock Exchanges
  • DAX GER 40 Index
  • FTSE UK Index
  • Euronext
Commodities
  • Silver
  • Gold
  • Coffee
  • Oil
  • Oil
  • Gold
CFD Trading Yes Yes
CFD Leverage 1:500 1:500
CFD FTSE Spread Floating
CFD GBPUSD Spread Floating 1
CFD Oil Spread Floating 2.3
CFD Stocks Spread Floating 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 Floating 5 pips
Forex EURUSD Spread Floating 14 pips
Forex EURGBP Spread Floating 15 pips
Forex Assets 25+ 250+
Crypto Trading Yes Yes
Crypto Spread Floating BTC 7%, ETH 12% (Var)
Crypto Coins
  • BTC
  • 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
3.5
United States Flag
United States accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit

FAQ

Is RaceOption or IQ Option better?

We have rated IQ Option (80%) higher than RaceOption (70%), but the overall rating can't be the only determining factor. For example, does RaceOption 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 RaceOption or IQ Option is best for you.