IQ Option vs ETX Capital

IQ Option vs ETX Capital Comparison Table 2024
IQ Option ETX Capital
Doesn't accept trades from US
Doesn't accept trades from US

IQ Option is a trusted broker with multi-asset trading on its user-friendly proprietary platform. The broker provides trading on forex, stocks, cryptos, indices, commodities and ETFs with competitive fees and a good suite of extra features and educational content. You can also open an account with just $10.

ETX Capital were a London-based, FCA regulated broker offering tight spreads across a wide range of markets.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Pros
  • User-friendly platform for beginners
  • Excellent range of payment methods
  • Reliable 24/7 multilingual support
  • Access to IQ Option community
  • High payouts on binary options
  • iOS & Android compatible app
Cons
  • €10 inactivity fee after 90 days
  • No MetaTrader 4 integration
IQ Option offers CFD trading on 24 forex assets, including major pairs and some minors. EU traders can access a maximum of 1:30 leverage in line with local regulations. The broker offers commission-free trades but spreads are on the high side so the brand does not excel in this area.
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.

GBPUSD Spread
5 pips 0.9
EURUSD Spread
14 pips 0.6
EURGBP Spread
15 pips 0.9
Assets
250+ 65+
Demo Account
Yes Yes
Minimum Deposit
$10 £250
Payment Methods
  • Best Perfect Money Forex Brokers
  • ADVcash
  • Alipay
  • Best Credit Card Forex Brokers
  • Boleto
  • GlobePay
  • Maestro
  • MoneyGram
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Wire Transfer
  • Yandex Money
  • Best Credit Card Forex Brokers
  • Giropay
  • Mastercard
  • Neteller
  • Skrill
  • UnionPay
Minimum Trade
0.001 Lots £1
Regulator
FCA
Margin Trading
Yes No
Margin Rate
0.2%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No 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
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows iOS and Android
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK