IQ Option vs Trade - Online Brokerage Comparison

IQ Option vs Trade | Trading Brokers Comparison
IQ Option vs Trade Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarkets
$10Web Trader, Downloaded Platform, Apps300+

IQ Option vs Trade Comparison

IQ Option provides a user friendly online trading platform for the trader who makes their own trading decisions. Trade is an ECN STP broker offering high speed no dealing desk intervention trading, suited to traders who trade with online trading robots, as well as those who make their own trading decisions. Trade, unlike IQ Option, as might be expected for an ECN broker, offers trading with a commission charge. Some human traders may not wish to trade this way, so Trade also offers a Classic account which does not charge commissions (and thus can have higher spreads, as the cost of the trade is the spread plus the commission charge). IQ Option has more markets (300+ vs 75+), but Trade has a competitive number for an ECN broker.

Quick comparison Trade is an ECN STP MT4 broker, using Equinix infrastructure to help deliver rapid order processing and liquidity to suit traders who trade with automated trading strategies, while IQ Option provides a user friendly trading platform to suit the human trader who makes their own trading decisions.

Minimum deposit and key account features

The minimum deposit for IQ Option is $10. The minimum deposit for Trade is $50.

  • 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.
  • Trade offers three account types for retail traders, Classic, ECN and ECN Plus. The minimum deposit for the Classic and ECN accounts is $/€/£50. The minimum deposit for the ECN Plus account is $/€/£10,000. The ECN Plus account has lower commission charges. The Classic account does not have a commission charge. Trade allows scalping, hedging and EAs. Trade uses Equinix's LD4 Data Centre. All account types have a minimum trade size of 0.01 lots.
  • Trade offers an 'Educational and Analytical Portal' which provides trading strategies and signals, educational courses, the capacity to chat with an analyst, a technical and fundamental analysis feed, market analysis and news updates.


  • IQ Option offers Forex, Indices, Energy, Cryptocurrencies, Metals, Soft Commodities, Stocks, ETFs and Options, with 300+ available.
  • Trade offers Forex, Indices, Energy, Cryptocurrencies and Precious Metals, with 75+ available.

Cryptocurrency CFDs

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


Maximum leverage for IQ Option is . Maximum leverage for Trade is .


IQ Option offers its trading platform, available as a web trader, desktop download and apps. Trade provides MT4, as a desktop download and apps.

Why IQ Option or Trade ?

Traders who make their own trading decisions can use either broker, though IQ Option has more CFD markets to trade and provides a user friendly trading platform. Trade offers liquidity and a trading environment suited to those who trade with robots, but also provides a Classic account for those traders who may wish to use this environment as they execute their own trades (non-automated traders can also use the other accounts and MT4 is a platform which is suited to both types of trading, and indeed is geared towards Forex traders and the varying ways they may trade).

Comparison summary

  • Both offer CFD trading
  • Trade is an ECN STP MT4 broker
  • Trade supports the use of trading robots
  • IQ Option offers a user friendly trading platform
  • IQ Option has a lower minimum deposit
  • Trade has a relatively low minimum deposit for a Forex broker

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