Pocket Option vs IQ Option

Compare Pocket Option and IQ Option in this side-by-side table listing each broker’s features, platforms, instruments and much more.

Pocket Option vs IQ Option Comparison Table 2024
Feature Pocket Option IQ Option
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4.2
United States Flag
United States accepted
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4
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United States NOT accepted
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Summary

Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.

Pocket Option offers ultra-short-term binaries from 5 seconds on one of the simplest web platforms for beginners. Payouts rival alternatives at 90%+ while the ‘Double Up’ and ‘Rollover’ features provide further opportunities to profit. Considering the negatives, the suite of 130+ assets trails binary brokers like Quotex, which offer 400+.

Forex Trading
Binary and OTC options can be purchased on 40+ currency pairs, with 55+ currency pairs available if you deposit $1000. Typical payouts are reasonable at 81% and the $1 minimum trade makes the broker accessible to new forex traders. There is also access to the MT4 and MT5 platforms for experienced forex traders.

Crypto Trading
Pocket Option offers a modest crypto offering with 10+ digital currencies including Bitcoin and 65+ tokens if you deposit $1000. The integrated analytics feature in the platform is helpful for finding opportunities, while the daily signals service makes it straightforward to act on short-term crypto opportunities.

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.

IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low starting deposit. Simply decide whether the price of an asset will go up or down to win a predetermined payout up to 90%+.

CFD Trading
IQ Option deals primarily in CFDs, which are available on stocks, forex, cryptocurrencies and several other markets. The leverage available is in line with EU restrictions, to a maximum of 1:30 on major forex pairs but with less available on more volatile assets. Trades are commission-free with floating spreads and clients can use the award-winning platform.

Forex Trading
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.

Crypto Trading
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets, including Bitcoin, Ethereum, and Cardano. Leverage of up to 1:2 is available with a variable spread and no commission. Newer traders will also rate the intuitive trading software.

Warning RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Awards
  • Best Binary Broker Runner Up 2023 - DayTrading.com
  • Best Binary Broker 2022 - DayTrading.com
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Bonus 50% Deposit Bonus None
Instruments Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos CFD, Forex, Crypto, Stocks, Digital Options
Demo Account Yes Yes
Minimum Deposit $50 $10
Minimum Trade $1 0.001 Lots
Expiry Times 5 seconds - 4 hours
Ladder Binary Options No Yes
Boundary Binary Options No Yes
Payment Methods
  • Airtel
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • FasaPay
  • JetonCash
  • Maestro
  • Mastercard
  • Perfect Money
  • Visa
  • Volet
  • WebMoney
  • Wire Transfer
  • Alipay
  • Boleto
  • Credit Card
  • GlobePay
  • Maestro
  • MoneyGram
  • Perfect Money
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Volet
  • Wire Transfer
  • Yandex Money
Regulator MISA
Mobile Apps iOS & Android iOS, Android and Windows
Auto Trading Yes
Copy Trading Yes No
Social Trading Yes No
Margin Trading Yes Yes
Margin Rate 0.2%
MetaTrader 4 Yes No
MetaTrader 5 Yes 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 No Yes
Market Maker No Yes
P2P Trading No No
Spot Trading Yes No
Trade Signals Yes
VPS Hosting No No
Tournaments Yes Yes
Demo Competitions No No
Ethical Investing No No
Islamic Account No Yes
Account Currencies USD USD, EUR, GBP, ZAR
Stock Exchanges
  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • S&P 500
  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
Commodities
  • Silver
  • Gold
  • Natural Gas
  • Oil
  • Palladium
  • Platinum
  • Oil
  • Gold
CFD Trading No Yes
CFD Leverage 1:500
CFD GBPUSD Spread 1
CFD Oil Spread 2.3
CFD Stocks Spread 2
Forex Trading Yes Yes
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.

Forex GBPUSD Spread 5 pips
Forex EURUSD Spread 14 pips
Forex EURGBP Spread 15 pips
Forex Assets 55+ 60+
Crypto Trading Yes Yes
Crypto Spread BTC 7%, ETH 12% (Var)
Crypto Coins
  • AAVE
  • ADA
  • ALGO
  • ALICE
  • ALPP
  • ANT
  • ATOM
  • AVAX
  • AXS
  • BCH
  • BNB
  • BTC
  • CHZ
  • COMP
  • DASH
  • DATA
  • DGB
  • DOGE
  • DOT
  • ENJ
  • EOS
  • ETH
  • FIL
  • GLMR
  • ICP
  • ILV
  • KAVA
  • LINK
  • LTC
  • MANA
  • MASK
  • MATIC
  • MIOTA
  • MKR
  • NEAR
  • NEO
  • NULS
  • OMG
  • QTUM
  • REEF
  • SAND
  • SANTOS
  • SC
  • SOL
  • STORJ
  • STX
  • SUN
  • THETA
  • TLM
  • TRX
  • UNI
  • VET
  • WAVES
  • XLM
  • XMR
  • XRP
  • XTZ
  • YFI
  • YGG
  • ZEC
  • BCH
  • BTC
  • DASH
  • EOS
  • ETC
  • ETH
  • LTC
  • OMG
  • QTUM
  • TRX
  • XRP
  • ZEC
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
4.2
United States Flag
United States accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit

FAQ

Is Pocket Option or IQ Option better?

Overall we have rated Pocket Option (84%) higher than IQ Option (80%), but there are additional factors to take into consideration. For example, does Pocket Option accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our easy comparison table to see if Pocket Option or IQ Option is best for you.