FXTM vs IQ Option - Compare Trading Brokers

FXTM vs IQ Option | Online Brokerage Comparison

FXTM vs IQ Option Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarkets
$10MT4, MT5250+
$10Web Trader, Downloaded Platform, Apps300+

FXTM vs IQ Option Comparison

Both brokers have a low minimum deposit. FXTM offers a Cent account, with its lowest minimum deposit. This lets the trader trade with order sizes lower than micro lots, thus it can be possible to trade with smaller account size. IQ Option has a low minimum order size of $1, which also allows the trader to trade with a smaller account size.

On most of its accounts, FXTM has less markets to trade than IQ Option, but when FXTM's Shares CFD account is taken into consideration, they have a similar number (i.e. FXTM separates its Stocks CFD into a separate account which has a higher minimum deposit, while IQ Option keeps them together). This said, IQ Option has a relatively wide range of markets to trade.

FXTM and IQ Option provide different online trading platforms. FXTM offers MT4 and MT5, while IQ Option has a web trader and a downloaded version of it.

Quick comparison

FXTM is an MT4 and MT5 brokers offering a range of accounts from ECN to Cent. IQ Option has a relatively wide range of markets on its trading platform.

Minimum deposit and key account features

The minimum deposit for FXTM is $10. The minimum deposit for IQ Option is $10.

  • FXTM offers three Standard account types: Standard, Cent and Shares and three ECN accounts: ECN, ECN Zero and Pro. The minimum deposit for the Cent account is $/€/£10, for the Standard and Shares accounts $/€/£100, for the ECN Zero account $/€/£200, for the ECN account $/€/£500 and for the Pro account the minimum deposit and minimum account balance is $/€/£25,000. The Pro account offers spreads from 0 without a commission charge. FXTM offers Market Analysis and Education on its website. Copy Trading is available via FXTM Invest. The minimum trade size is 0.0001 lots.
  • 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

  • FXTM offers Forex, Indices, Energy, Metals and Stocks, with 250+ available.
  • IQ Option offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies, Soft Commodities, ETFs and Options, with 300+ available.

Cryptocurrency CFDs

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

Leverage

Maximum leverage for FXTM (FCA or CySEC regulated) is . Maximum leverage for IQ Option (CySEC regulated) is .

Online trading platforms

FXTM provides MT4 and MT5. IQ Option offers its trading platform.

Why FXTM or IQ Option ?

For traders who wish to trade using both automated and non-automated approaches, then FXTM offers MT4 and MT5 and ECN accounts. IQ Option provides a user friendly platform designed for those who make their own trading decisions. Both allow the trader to trade with smaller accounts sizes. IQ Option has a wider range of markets to trade.

Comparison summary

  • Each provides CFD trading
  • FXTM offers a Cent account allowing small trade sizes
  • IQ Option has a minimum order size of $1
  • Both therefore let the trader trade with smaller account sizes
  • FXTM lets the trader use trading robots on MT4 and MT5
  • IQ Option has a (human) user friendly trading platform

IQ Option

Search this site

Translate