World Forex vs IQ Option

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

World Forex vs IQ Option Comparison Table 2024
Feature World Forex IQ Option
rating empty
rating full
4
United States Flag
United States accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit
Summary

World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.

World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry.

CFD Trading
World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances.

Forex Trading
World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types.

Crypto Trading
Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available.

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
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Bonus 100% Deposit Bonus None
Instruments Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts CFD, Forex, Crypto, Stocks, Digital Options
Demo Account Yes Yes
Minimum Deposit $1 $10
Minimum Trade 0.01 Lots 0.001 Lots
Expiry Times 1 minute - 7 days
Ladder Binary Options No Yes
Boundary Binary Options No Yes
Payment Methods
  • Apple Pay
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Google Wallet
  • Mastercard
  • Perfect Money
  • Visa
  • Volet
  • Wire Transfer
  • Alipay
  • Boleto
  • Credit Card
  • GlobePay
  • Maestro
  • MoneyGram
  • Perfect Money
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Volet
  • Wire Transfer
  • Yandex Money
Regulator SVGFSA
Mobile Apps iOS, Android + Web Browser iOS, Android and Windows
Auto Trading Yes
Copy Trading Yes No
Social Trading No 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 Yes No
ECN Account Yes 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 Yes No
Tournaments Yes Yes
Demo Competitions Yes No
Ethical Investing No No
Islamic Account Yes Yes
Account Currencies USD, EUR, RUB USD, EUR, GBP, ZAR
Stock Exchanges
  • Nasdaq
  • 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
  • Gold
  • Silver
  • Platinum
  • Palladium
  • Oil
  • Oil
  • Gold
CFD Trading Yes Yes
CFD Leverage 1:1000 1:500
CFD FTSE Spread NA
CFD GBPUSD Spread NA 1
CFD Oil Spread NA 2.3
CFD Stocks Spread From 0.03 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 From 0.6 5 pips
Forex EURUSD Spread From 0.6 14 pips
Forex EURGBP Spread From 0.6 15 pips
Forex Assets 53 60+
Crypto Trading Yes Yes
Crypto Spread BTC 7%, ETH 12% (Var)
Crypto Coins
  • BCH
  • BTC
  • DSH
  • EOS
  • ETH
  • LTC
  • NEO
  • XMR
  • XRP
  • 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
United States Flag
United States accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit

FAQ

Is World Forex or IQ Option better?

Our overall rating of World Forex and IQ Option is the same at 80%, so there's no clear winner. Use our comparison table to decide if you should pick World Forex or IQ Option. For example, do World Forex and IQ Option both accept traders from your country or maybe only one of them does? There are also differences in what their trading platforms offer and which assets can be traded.