Page Summary
This article reviews two leading brokers who come highly recommended for professional traders. Both Forex.com and IQ Option are highly regulated and offer access to reliable mobile apps with low spreads for the best experience.
After analyzing and testing their demo accounts, we came to the following conclusions. Read on to discover an accurate comparison between two of the leading brokers…
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Exchange Comparison
Select up to 3 Brokers
Forex.com
IQ Option
BROKER COMPARISON
Trading Platform & Tools
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| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 400:1 | 500:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
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| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $15 per month (after 12 months) | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 10 EUR |
| Forex (EUR/USD) | 0.8 pips | 4.7pip |
| Stocks & ETF | 0 + spread | 0.48pip |
| CFD (Gold) | 0.8 | 4.8pip |
| Crypto | 0 | 127.14pip |
| Options | 0 | 0 |
| Conversion Fees | 0.50% | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees | 2.50% |
Deposit & Withdrawal
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| Minimum deposit (in UAE) | $100 | $10 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
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| Shares | 0 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex | 91 | 33 |
| CFD Indices & Funds | 17 | 23 |
| CFD Stocks | 9500 | 194 |
| CFD Commodities | 22 | 3 |
| CFD Crypto | 8 | 19 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
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| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
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| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
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