IQ Option Or Olymp Trade: Which is best in 2021
Table of Contents
Introduction
Olymp Trade And IQ Option both are real competitors in option brokers. Mostly new traders are little confused about which trading platform you should choose.
Skilltraderz will help you in it. Today we are comparing the best forex or options trading platforms who worth investing in. Before joining any broker you must consider these things to keep safe from scammers. As there are lots of scammers roaming in the market to steal your hard earn money. Keep these points in mind:
- How long the broker has been operational
- Active traders
- The regulatory body monitoring the broker’s activities
- Account types offered
- Types of assets offered
- Returns on trades (options)
- Payment methods accepted
- Deposits and withdrawals
- Accessibility
- Support
- Additional features
To make you understand easily we prepare this short table.
Olymp Trade
IQ Option
| Olymp Trade Offer Fixed time trades over a huge range of markets. Established in 2014, the firm now boasts over 25k active traders each day. | Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreads or trade digital options with payouts up to 900%. |
 Traders from India accepted | Traders from India accepted |
| Awards | |
|---|---|
| Most Trusted Broker 2017, 2018, 2019, 2020 – BinaryOptions.net Best Binary Broker 2021 – DayTrading.com | |
| Bonus | |
| None | None |
| Instruments | |
| Fixed Time Trades | Stocks, Digital Options, CFD, Forex, Crypto, Binary Options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| €/$10 | $10 |
| Payment Methods | |
| Doku Wallet, Skrill, Yandex Money | ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money |
| Minimum Trade | |
| €/$1 | 0.001 lots |
| Regulator | |
| FinaCom | CySEC |
| Margin Trading | |
| No | Yes |
| Margin Rate | |
| 0.2% | |
| MetaTrader 4 | |
| No | No |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| Mobile Apps | |
| iOS, Android and Windows | iOS, Android and Windows |
| Auto Trading | |
| No | No |
| Trade Signals | |
| No | Yes |
| Social Trading | |
| No | No |
| Copy Trading | |
| No | No |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
| – | USD, EUR, GBP, ZAR |
| CFD | |
| CFD trading not offered | |
| Leverage | |
| 1:30 EU, 1:500 | |
| FTSE Spread | |
| GBPUSD Spread | |
| 1 | |
| Oil Spread | |
| 2.3 | |
| Stocks Spread | |
| 2 | |
| Forex | |
| Forex trading not offered | IQ Option offer forex trading on a range of currencies. Spreads are on the high side and the brand do not excel in this area |
| GBPUSD Spread | |
| 5 pips | |
| EURUSD Spread | |
| 14 pips | |
| EURGBP Spread | |
| 15 pips | |
| Assets | |
| 120 | |
| Cryptocurrency | |
| IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets. | |
| Spread | |
| BTC 7%, ETH 12% (Var) | |
| Coins | |
| BTC, TRX, XRP, BCH, ETH, EOS, OMG, ETC, QTUM, ZEC, LTC, DASH | |
| Binary Options | |
| IQ Option lead the way in binary options and digital trading. The best platform, with the lowest minimum deposit | |
| Payout | |
| 91% |
Read Full IQ Options Review Here!
