| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| IQ Option | $10 Minimum Deposit | Web Trader, Downloaded Platform, Apps Trading Platforms | 300+ Markets To Trade | IQ Option has a low minimum deposit ($10) and order size ($1) About |
| Plus500 | $100 Minimum Deposit | Web Trader, Downloaded Platform, Apps Trading Platforms | 2000+ Markets To Trade | Plus500 offers a user friendly platform and a wide range of CFD markets to trade About |
IQ Option and Plus500 Comparison
These are both CFD providers. Plus500 can offer more CFD market to trade, with 2000+ vs 300+ offered by IQ Option. While Plus500 has many more Stocks CFD available, it also has a relatively wide range of other markets such as Commodities and Indices.
Each provides a web trader, a downloaded version of the platform and apps for tablet and mobile. Both web traders (and downloaded platforms) are approachable with clear layouts. Each of these offer demo account attached to the live account, thus the trader can switch to the demo account when they want.
To trade live markets, the trader deposits at least the minimum deposit required. In the case of Plus500, the minimum deposit is $100, in the case of IQ Option, the minimum deposit is $10.
Quick comparison
Plus500 can offer more CFDs, though both have a similar range of markets to trade. IQ Option has a lower minimum deposit.
Options CFD trading
Both offer options CFD trading. Plus500 has a range of markets available including Forex pairs, while IQ Option offers Forex pairs for Options trading.
Minimum deposit and accounts
The minimum deposit for IQ Option is $/€/£10. The minimum deposit for Plus500 is $/€/£100.
- 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.
- Plus500 provides CFD trading. For all traders, Plus500 offers an Economic Calendar on its website covering news events and market effects and has economic data integrated into its platform. Plus500 offers the +Insights tool which provides real time data abut the activity of other Plus500 traders. Additionally, Plus500 offers a Trading Academy on its website as well as News and Market Insights.
Demo accounts
One feature both have in common is that they offer unlimited demo accounts attached to the live trading platform. This allows the trader to switch between live and demo accounts, for example to test out trading ideas.
| Broker | Trading Platforms | Demo Accounts |
|---|---|---|
| IQ Option Broker | Web Trader & Apps Trading Platforms | IQ Option provides a free demo account which allows the trader to test out the platform and its features such as 100+ indicators and Forex, Crypto and Earnings Calendars Demo Account |
| Plus500 Broker | Web Trader & Apps Trading Platforms | Plus500 provides a free demo account which lets the traders test out the platform and features such as 100+ indicators and fundamental data to be found for individual markets Demo Account |
Markets
- IQ Option offers CFDs on Forex, Metals, Indices, Energy, Soft Commodities, Options, Stocks, ETFs and Cryptocurrencies.
- Plus500 offers CFDs on Forex, Metals, Indices, Energy, Soft Commodities, Options, Stocks, ETFs and Cryptocurrencies.
IQ Option offers 45+ Forex pairs, Plus500 offers 55+ Forex pairs.
Cryptocurrency CFDs
- IQ Option offers CFDs on Bitcoin, Ethereum, Litecoin, Bitcoin Cash, EOS, Stellar, Tron, QTUM, Ethereum Classic, OmiseGo, Dash and Zcash.
- Plus500 offers CFDs on Bitcoin, Ethereum, Litecoin, Bitcoin Cash, EOS, Stellar, NEO, IOTA, Cardano, Ripple, Polygon, VeChain, Solana, Polkadot, Axie Infinity, Uniswap, Filecoin and Chainlink.
Leverage
Maximum leverage for IQ Option is . Maximum leverage for Plus500 is .
Online trading platforms
- IQ Option provides a web trader, a downloaded version of this platform and apps for tablet and mobile. It has a clear platform layout and 100+ technical indicators.
- Plus500 provides a web trader, a downloaded version of this platform and apps for tablet and mobile. It has a clear platform layout and 115+ technical indicators. Plus500 offers more chart price types.
Why IQ Option or Plus500 ?
Traders who want to trade on a user friendly platform may do so at either broker. Those who want to trade a larger number of CFD can do this at Plus500 (2000+). Traders who to trade with a low minimum deposit ($10) and order size ($1) can do this at IQ Option
Comparison summary
- Both offer CFD trading
- Each provides a user friendly platform
- Plus500 has more CFD markets to trade
- IQ Option has a low minimum deposit ($10) and order size ($1)
