AvaTrade vs IQ Option - Online Brokerage Comparison

AvaTrade vs IQ Option | Compare Trading Brokers

AvaTrade vs IQ Option Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarkets
$100MT4, MT5, AvaOptions, Apps250+
$10Web Trader, Downloaded Platform, Apps300+

AvaTrade vs IQ Option Comparison

AvaTrade is an MT4 and MT5 broker which allows the use of MT4 and MT5 automated trading strategies (Expert Advisors - EAs) and also supports social and copy trading. IQ Option provides a user friendly online trading platform. Both brokers have a relatively wide range of markets to trade, including FX Vanilla Options.

IQ Option has a smaller minimum deposit than AvaTrade ($10 vs $100). IQ Option offers a minimum order size of $1, thus a trader can potentially trade with a smaller account size.

Quick comparison

AvaTrade is an MT4 and MT5 broker, while IQ Option offers its trading platform. IQ Option has a lower minimum deposit while AvaTrade allows MT4 and MT5 EAs and social and copy trading.

Minimum deposit and key account features

The minimum deposit for AvaTrade is $/€/£100. The minimum deposit for IQ Option is $10.

  • AvaTrade offers an Economic Calendar on its web site, AutoChartist (for a $500 minimum deposit) and Sharp Trader (which has education and analysis). Additionally AvaTrade allows the trader to use DupliTrade and ZuluTrade, which support copy trading.
  • IQ Option has Market Analysis, News, a Forex Calendar, an Earnings Calendar and a Crypto Calendar on its trading platform. The minimum order size is $1.

Markets

  • AvaTrade offers spread betting (in the UK), in Forex, Indices, Energy and Metals, with 35+ available.
  • AvaTrade offers CFD trading in Forex, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities, Stocks, ETFs, Options and Bonds, with 200+ available.
  • IQ Option offers Forex, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities, Stocks, ETFs and Options, with 300+ available.

Cryptocurrency CFDs

  • AvaTrade offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, DASH, EOS, Stellar and Bitcoin Gold CFDs.
  • IQ Option offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, DASH, EOS, Ethereum Classic, QTUM, Zcash, TRON and OmiseGO CFDs.

Leverage

Maximum leverage for AvaTrade (CBI regulated) is . Maximum leverage for IQ Option (CySEC regulated) is .

Online trading platforms

AvaTrade offers MT4, MT5 and AvaOptions as well as apps. IQ Option offers a web trader, a downloaded version and apps.

Why AvaTrade or IQ Option ?

Both brokers offer a relatively wide range of CFD markets to trade, including Stocks CFD and Cryptocurrency CFDs. When trading a CFD, the trader does not own the underlying market. Traders who wish to trade FX Options CFDs can do so at either broker. Traders who want to use online trading robots on MT4 and MT5 and social and copy trading can do so at AvaTrade. Traders who want to trade with small order sizes and a low minimum deposit on a user friendly trading platform can do so at IQ Option.

Comparison summary

  • Both offer CFD trading
  • In the UK, AvaTrade also provides MT4 spread betting
  • AvaTrade offers MT4 and MT5
  • IQ Option has a user friendly trading platform
  • Both offer FX Options and Stocks CFDs
  • AvaTrade supports EAs on MT4 and MT5
  • IQ Option has a low minimum deposit ($10) and order size ($1)

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