This contrast guide assists customers that struggle to pick between IQ Option and XTB to locate the very best online broker for their trading and financial investment needs. It examines the main features of both brokers side by side to aid customers contrast their service and make a notified decision.
To help users select the best broker in between IQ Option and XTB to locate the best-suited platform, listed below is a listing of broker’s benefits and drawbacks, adhered to by a comparison of their major trading attributes, consisting of trading systems & devices, costs, mobile trading, deposit & withdrawal, possessions, law, and customer assistance.
IQ Option vs. XTB: Summary
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”
XTB is an international multi-asset broker founded in 2002. It is regulated by two-tier one regulators (the FCA and MiFID) and therefore considered trustworthy. The brokers offers access to 12,000 tradable symbols including 5,400 CFDs on forex, indices, commodities, stocks, ETFs, and cryptocurrencies.
XTB has a proprietary platform (xStation 5) that features extensive trading and research tools including market news, up-to-date price tables, and market calendars. Users can also use various order types and risk management features such as stop-loss orders and negative balance protection. Besides its feature rich proprietary platforms, XTB offers limited MT4 integration.
XTB trading fees are in line with the industry average. They charge an average spread of 0.91 pips (EUR/USD), and also offer spread rebates between 5% to 30% on active trading. XTB also charges inactivity fees of $10/month after 12 months of inactivity.
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
Pros
- Low minimum deposit ($10)
- Competitive trading fees
- Great research and education materials
- MT4 compatibility
- Cashback rebates and free paper trading account
- Feature rich and intuitive mobile app
Cons
- Only CFD trading
- Charges inactivity fees
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
Key features
- Access to 12,000 financial instruments
- Free Stock and ETF trading
- Daily market analysis videos, price tables, and economic calendar
- Micro-lot trading available
- Beginner-friendly mobile app (xStation Mobile)
- Multi-lingual support in English, Arabic and over 10 other languages
IQ Option vs. XTB Comparison
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IQ Option
XTB
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 1:500 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 (*currency conversion fee might apply) | $0 |
| Deposit Fee | $0 | |
| Inactivity Fee | ||
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 10 EUR | €12 |
| Forex (EUR/USD) | 4.7pip | 1.0 pips |
| Stocks & ETF | 0.48pip | 0 |
| CFD (Gold) | 4.8pip | 1.19 pips |
| Crypto | 127.14pip | 100 pips |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $10 | $0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | Over 180 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 19 | 0 |
| Commodities | 9 | 0 |
| Indices | 9 | 0 |
| Options | Over 40 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | Over 30 | 57 |
| CFD Indices & Funds | Over 20 | 37 |
| CFD Stocks | OVer 180 | 1796 |
| CFD Commodities | 9 | 23 |
| CFD Crypto | 19 | 10 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
IQ Option vs. XTB Comparison Conclusion
The outcomes of our comparison of IQ Option vs. XTB are involved the table listed below.
| Broker: | Best For: |
| IQ Option | Forex and CFD trading |
| XTB | Forex and CFDs; Beginners and intermediate traders |
Selecting the ideal selection between IQ Option and XTB can be hard. Both on the internet brokers have similarities yet differ pertaining to trading instruments, systems & apps, policy, deposit & withdrawals, and research and education. Choosing the very best broker relies on individuals’ trading & investment objectives, individual preferences, and experience level.
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.