FxPro vs. IQ Option Comparison

This comparison overview assists customers who battle to choose between FxPro and IQ Option to discover the most effective online broker for their trading and financial investment requirements. It analyzes the highlights of the two brokers side by side to help users contrast their solution and make an informed choice.

To aid individuals select the ideal broker between FxPro and IQ Option to discover the best-suited system, listed below is a listing of broker’s benefits and drawbacks, complied with by a contrast of their major trading functions, consisting of trading platforms & tools, fees, mobile trading, down payment & withdrawal, possessions, guideline, and client support.

FxPro vs. IQ Option: Summary

FXPro logo

FxPro is a reputable forex and CFD broker regulated by two tier-one regulators including the FCA and MiFID. They allow users to trade on over 2,200 tradable symbols including 400 CFDs on forex,shares, cryptos, indices and metals. FXPro users can choose from a variety of trading platforms including a proprietary platform (FxPro Edge), MetaTrader 4, MetaTrader 5, and cTrader. They also have access to various trading tools like Trading Central trading signals, over 50 indicators and a handful of charting tools.

FxPro trading fees are above industry average when compared to industry leaders like Pepperstone or IG. The broker’s minimum deposit requirement is $0.

Their customer support is available 24/7 by email, live chat, and phone in English, Arabic, and over 20 other languages.

IQ Option logo

IQ Option is a well established online broker great for users looking to trade forex, options and CFDs on a intuitive trading platform. Their well rounded offer consists of low spreads, a sophisticated trading platform, free demo account option, and responsive customer support in English language. They offer islamic accounts and copy trading in Arabic language which allows you to copy portfolios from seasoned investors and traders.

IQ Option is a trustworthy and reliable market maker broker and subject to the highest standards of regulation in the industry. Options trading is no longer available.

“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”
General Risk Warning: “The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose”

Pros

  • Access to 2,200 tradable symbols
  • MetaTrader 4, MetaTrader 5, and cTrader integration
  • Fast order execution
  • Excellent customer support
  • Micro lot trading
  • Fast order execution

Cons

  • Only offers CFD and forex trading
  • Slightly above average trading fees
  • Inactivity fees

Pros

  • Multi-chart platform layout with technical analysis
  • Fast trade execution
  • 24/7 customer support in Arabic and English
  • Free demo account with $10.000 virtual money
  • Leverage of up to 1:1000

Cons

  • Trading fees are above industry average
  • Inactivity fee $10/90days

Key features

  • Access to 2,200 + tradable instruments
  • Wide range of mobile trading apps (FxPro edge, MT4, MT5 and cTrader)
  • Competitive forex spreads from 1.2 pips EUR/USD
  • MT4, MT5 and cTrader integration
  • Trading signals by Trading Central
  • Fast and reliable order execution below 14ms

Key features

  • Access to a wide variety of markets
  • Great research and education tools
  • User friendly platform
  • $10 minimum deposit and $1 minimum trade requirement
  • Access to 3000+ tradable symbols

FxPro vs. IQ Option Comparison

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FXPro logo

FXPro

Open account Read review

75.18% of retail CFD accounts lose money

IQ option

IQ Option

Open account Read review

“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”

BROKER COMPARISON

FXPro logo
IQ option

Overall rating

4,1/5

2,8/5

Overall rating

4,1/5

2,8/5

Trading Platform & Tools

4.7

3.1

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 500:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.6

3.3

See details
Withdrawal Fee 0 0 (*currency conversion fee might apply)
Deposit Fee 0
Inactivity Fee $5
Cost Per Trade 0 0
Cost Per Month 0 10 EUR
Forex (EUR/USD) 1.1 pips 4.7pip
Stocks & ETF 0 0.48pip
CFD (Gold) 3.5 pips 4.8pip
Crypto 0 127.14pip
Options 0 0
Conversion Fees 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

5.0

3.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.1

3.8

See details
Minimum deposit (in UAE) $100 $10
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.9

2.0

See details
Shares 0 Over 180
ETF & Funds 0 0
Crypto 0 19
Commodities 0 9
Indices 0 9
Options 0 Over 40
Futures 0 0
Bonds 0 0
Forex Instruments 70 Over 30
CFD Indices & Funds 42 Over 20
CFD Stocks 2030 OVer 180
CFD Commodities 8 9
CFD Crypto 31 19
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

1.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

1.4

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

FxPro vs. IQ Option Comparison Conclusion

The results of our contrast of FxPro vs. IQ Option are wrapped up in the table listed below.

Broker:Best For:
FxProForex and CFDs; MetaTrader Broker
IQ OptionTraders at all levels, from beginner to advanced

Picking the best selection in between FxPro and IQ Option can be challenging. Both on the internet brokers have similarities however vary pertaining to trading instruments, systems & applications, guideline, down payment & withdrawals, and research study and education and learning. Picking the best broker depends on customers’ trading & financial investment goals, individual choices, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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