IQ Option Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If IQ Option does not match your requirements we explain the top IQ Option alternatives and IQ Option competitors in this guide.
The best alternative for IQ Option is IC Markets or Roboforex.
When searching for a IQ Option alternative, there are a few things you need to check. The IQ Option trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top IQ Option alternatives and competitors feature by feature further below this IQ Option alternatives guide.
If you are looking for a trading platform that offers similar features to IQ Option or IQ Option. Or if you are looking for features that IQ Option does not offer that you require when trading, we will show you the best IQ Option alternative options below.
We highlight the pros and cons of each IQ Option alternative. Maybe you are looking for better customer service from a IQ Option alternative or more competitive IQ Option fees and more financial instruments to trade.
We have listed some reasons why IQ Option may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- IQ Option does not allow hedging (See brokers for Hedging here)
- IQ Option does not offer Guaranteed Stop Loss (See IQ Option alternatives who offer Guaranteed Stop Loss here)
- IQ Option does not allow Scalping (See brokers for scalping here)
- ECN accounts are not offered by IQ Option (Look here for IQ Option alternatives offering ECN accounts)
- STP accounts are not offered by IQ Option (Look here for IQ Option alternatives offering STP accounts)
- IQ Option does not offer MT4 (See IQ Option alternatives offering the MT4 trading platform here)
- MT5 is not offered by IQ Option (find IQ Option alternatives that offer the MT5 trading platform here)
- cTrader is not offered by IQ Option (find IQ Option alternatives offering the cTrader trading platform here)
- IQ Option does not offer Micro accounts (Check here for IQ Option alternatives offering micro accounts)
- IQ Option does not offer VIP accounts (Check here for IQ Option alternatives offering VIP accounts)
- IQ Option have inactivity fees (See IQ Option alternatives who don’t have inactivity fees here)
Top IQ Option Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Desktop Windows / MacOs, Web, Mobile Apps, Android (Google Play), iOS (App Store) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 508 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | NO | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 1 | 200 | 10 |
| 👱♂️ Used By | 40,000,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2008 | 2007 | 2009 |
| 👮♂️ Regulation | CySEC (Cyprus Securities and Exchange Commission) (247/14) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | Cyprus | Australia | Belize |
| 🚫 Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature IQ Option alternative comparison, you can scroll further down here.
