Compare Deriv vs IQ Option
What is Deriv? What is IQ Option?
Deriv is a multi-asset broker that offers CFDs, multipliers, and proprietary synthetic products that simulate real market movements. Deriv has its own in-house trading software and also supports MetaTrader 5. Deriv is regulated by MFSA, LFSA, VFSC, and BFSC. IQ Option is a binary options and digital trading broker that offers CFDs, forex, crypto, stocks, and digital options. IQ Option has a user-friendly platform that is suitable for beginners and also provides analytical tools and educational resources. IQ Option is regulated by CySec.
Deriv vs IQ Option Overall Comparison
Both brokers have some advantages and disadvantages. Deriv offers more leverage, more deposit and withdrawal methods, more instruments, and access to synthetic indices. IQ Option offers lower minimum deposit, lower minimum trade, higher payouts on binary options, and access to IQ Option community.
Deriv vs IQ Option Regulation Comparison
Deriv is regulated by four authorities: Malta Financial Services Authority (MFSA), Labuan Financial Services Authority (LFSA), Vanuatu Financial Services Commission (VFSC), and British Virgin Islands Financial Services Commission (BFSC). IQ Option is regulated by one authority: Cyprus Securities and Exchange Commission (CySec).
Deriv vs IQ Option Trading Assets Comparison
Deriv offers more trading assets than IQ Option. Deriv has CFDs, multipliers, forex, stocks, indices, commodities, and synthetic indices. IQ Option has CFDs, forex, crypto, stocks, and digital options.
Deriv vs IQ Option Trading Fees Comparison
Deriv does not charge any commissions or fees on trades, deposits, or withdrawals. Deriv makes money from the spread, which is the difference between the bid and ask prices of an asset. IQ Option also does not charge any commissions or fees on trades or deposits. However, IQ Option charges a withdrawal fee of 2% for withdrawals below $100 or equivalent. IQ Option also charges an inactivity fee of €10 after 90 days of no trading activity.
Deriv vs IQ Option Account Types Comparison
Deriv offers two types of accounts: standard and professional. The standard account has a minimum deposit of $5 and a maximum leverage of 1:1000. The professional account has a minimum deposit of $10,000 and a maximum leverage of 1:2000. IQ Option offers one type of account: standard. The standard account has a minimum deposit of $10 and a maximum leverage of 1:30 for forex and 1:10 for crypto.
Deriv vs IQ Option Trading Conditions Comparison
Deriv offers variable spreads that depend on the market conditions and the asset traded. Deriv also offers multipliers that allow traders to increase their potential profits or losses by up to 1000 times their stake. IQ Option offers fixed spreads that are predetermined for each asset traded. IQ Option also offers multipliers that allow traders to increase their potential profits or losses by up to 500 times their stake.
Deriv vs IQ Option Deposit Options Comparison
Deriv offers more deposit and withdrawal options than IQ Option. Deriv supports credit cards, debit cards, e-wallets, bank transfers, cryptocurrencies, and local payment methods such as Boleto and AstroPay. IQ Option supports credit cards, debit cards, e-wallets, bank transfers, cryptocurrencies, and some local payment methods such as Alipay and Yandex Money.
Deriv vs IQ Option Trading Platforms Comparison
Deriv offers three trading platforms: DTrader, DBot, and DMT5. DTrader is a web-based platform that allows traders to customize their trades with various parameters such as duration, stake, payout, and barrier. DBot is an automated trading platform that allows traders to create their own trading bots using a drag-and-drop interface or choose from over 50 ready-made bots. DMT5 is a desktop platform that supports CFD trading on real and simulated markets using MetaTrader 5. IQ Option offers one trading platform: IQ Option Platform. IQ Option Platform is a web-based platform that allows traders to trade CFDs, forex, crypto, stocks, and digital options with various tools such as charts, indicators, signals, and news. IQ Option Platform also has a mobile app for iOS and Android devices.
Deriv vs IQ Option Analytical Tools Comparison
Deriv offers some analytical tools such as trading signals, market analysis, and economic calendar on its DMT5 platform. Deriv also provides access to TradingView, a third-party charting and analysis tool. IQ Option offers more analytical tools such as technical indicators, graphical tools, trading signals, market news, video tutorials, and webinars on its IQ Option Platform. IQ Option also provides access to TradingView.
Deriv vs IQ Option Educational Resources Comparison
Deriv offers some educational resources such as a glossary, a FAQ section, and a blog on its website. Deriv also provides live chat and email support for its clients. IQ Option offers more educational resources such as a video library, a blog, an FAQ section, and a community forum on its website. IQ Option also provides live chat, phone, and email support for its clients.
Which offers better pricing – Deriv or IQ Option
Both brokers do not charge any commissions or fees on trades or deposits. However, IQ Option charges a withdrawal fee of 2% for withdrawals below $100 or equivalent and an inactivity fee of €10 after 90 days of no trading activity. Deriv does not charge any withdrawal or inactivity fees. Both brokers make money from the spread, which is the difference between the bid and ask prices of an asset. Deriv offers variable spreads that depend on the market conditions and the asset traded. IQ Option offers fixed spreads that are predetermined for each asset traded. Therefore, Deriv may offer better pricing than IQ Option depending on the asset and market conditions.
Which broker offers more security when trading Forex and CFDs?
Both brokers are regulated by reputable authorities and offer negative balance protection, which means that traders cannot lose more than their account balance. Deriv is regulated by four authorities: Malta Financial Services Authority (MFSA), Labuan Financial Services Authority (LFSA), Vanuatu Financial Services Commission (VFSC), and British Virgin Islands Financial Services Commission (BFSC). IQ Option is regulated by one authority: Cyprus Securities and Exchange Commission (CySec). Therefore, Deriv may offer more security than IQ Option as it is regulated by more jurisdictions.
Which broker offers the superior trading platform?
Both brokers offer web-based trading platforms that are user-friendly and customizable. Deriv offers three trading platforms: DTrader, DBot, and DMT5. DTrader allows traders to customize their trades with various parameters such as duration, stake, payout, and barrier. DBot allows traders to create their own trading bots using a drag-and-drop interface or choose from over 50 ready-made bots. DMT5 supports CFD trading on real and simulated markets using MetaTrader 5. IQ Option offers one trading platform: IQ Option Platform. IQ Option Platform allows traders to trade CFDs, forex, crypto, stocks, and digital options with various tools such as charts, indicators, signals, and news. IQ Option Platform also has a mobile app for iOS and Android devices. Therefore, Deriv may offer a superior trading platform than IQ Option as it offers more variety and functionality.
Do these brokers both offer MetaTrader?
Deriv offers MetaTrader 5 (MT5) as one of its trading platforms. MT5 is a popular and advanced platform that supports CFD trading on real and simulated markets with various features such as technical analysis, automated trading, and social trading. IQ Option does not offer MetaTrader 4 (MT4) or MetaTrader 5 (MT5) as its trading platform. IQ Option has its own proprietary platform that supports CFD trading based on real markets with various features such as technical analysis, signals, and news. Therefore, Deriv offers MetaTrader while IQ Option does not.
How many Forex pairs can you expect from these brokers?
Deriv offers more forex pairs than IQ Option. Deriv has 50+ forex pairs including major, minor, and exotic pairs. IQ Option has 22 forex pairs including major and minor pairs.
Is it safe to trade with Deriv?
Deriv is a safe broker to trade with as it is regulated by four reputable authorities: MFSA, LFSA, VFSC, and BFSC. Deriv also offers negative balance protection, which means that traders cannot lose more than their account balance. Deriv also has a secure website with SSL encryption and a privacy policy that protects the personal data of its clients
Is it safe to trade with IQ Option?
IQ Option is a safe broker to trade with as it is regulated by CySec, which is a well-known authority in the European Union. IQ Option also offers negative balance protection, which means that traders cannot lose more than their account balance. IQ Option also has a secure website with SSL encryption and a privacy policy that protects the personal data of its clients.
Is Deriv a good broker?
Deriv is a good broker for traders who are looking for CFDs and multipliers with high leverage up to 1:1000. Deriv is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. Deriv also offers a range of deposit and withdrawal methods with zero payment fees, a choice of investing platforms, and a low minimum deposit of $5.
Is IQ Option a good broker?
IQ Option is a good broker for beginners who are looking for an easy to use platform and a low minimum investment of $10. IQ Option also offers high payouts on binary options up to 91%, access to IQ Option community, and excellent range of payment methods.
Deriv vs IQ Option. Which forex broker is better? Which forex broker should you choose?
Deriv and IQ Option are both online brokers that offer CFDs, forex, binary options and cryptocurrencies. They have some similarities and differences in terms of their features, platforms, regulation and fees. Here are some of the main points of comparison:
- Minimum deposit: Deriv has a lower minimum deposit of $5, while IQ Option requires $10.
- Regulation: Deriv is regulated by multiple authorities, including MFSA, LFSA, VFSC and BFSC. IQ Option is regulated by CySEC.
- Trading platforms: Deriv offers its own in-house platforms (Deriv X, DTrader and DBot) as well as MetaTrader 5. IQ Option also has its own proprietary platform, but does not support MetaTrader 4 or 5.
- Trading instruments: Deriv has a wider range of markets and products, including multipliers, synthetic indices and volatility indices. IQ Option has fewer assets, but offers digital options with payouts up to 900%.
- Leverage: Deriv offers higher leverage up to 1:1000 on some markets, while IQ Option has lower leverage up to 1:300.
- Spreads: Deriv has lower spreads on forex pairs, while IQ Option has lower spreads on cryptocurrencies.
Which broker you should choose depends on your personal preferences, trading goals and risk appetite. You can try their demo accounts to see which one suits you better.
