Advertisement
IQ Option vs OEXN
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, IQ Option currently holds a lower overall rating (4.4) compared to OEXN (4.7).
IQ Option has a lower minimum deposit, at 10.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping.
Traders should note that
IQ Option offers a minimum lot size of 1.0 and a maximum lot size of 20000.0, while OEXN offers 0.01 and 1000.0.
IQ Option offers a lower maximum leverage of 1:500, whereas OEXN allows trading with up to 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
|
|
||
|---|---|---|
|
Overall Rating:
Platform:
Pricing:
Customer service:
Features:
|
|
|
| Minimum deposit ($) | 10.0 | 50.0 |
| Commission | 0.0 | 8.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 1.0 | 0.01 |
| Maximum lot size | 20000.0 | 1000.0 |
| Spread | Variable | Fixed, Variable |
| Broker type | Dealing Desk | STP, ECN, Market Maker, NDD, DMA |
| Maximal leverage (1:?) | 500 | 1000 |
| Availability | Dealing Desk | STP, ECN, Market Maker, NDD, DMA |
| Regulation | CySEC (Cyprus) | CySEC (Cyprus), FSC (Mauritius) |
| Trading Platforms | Web Platform, Mobile Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Check, Online Check, WebMoney, cashU, Neteller, Skrill, FasaPay, Qiwi, Bitcoin, WeChat Pay, iDeal, Sofort Banking | Credit Card, Debit Card, Online Check, Money Order, Moneybookers, Perfect Money, WebMoney, Neteller, UnionPay, Skrill, FasaPay, Bitcoin, WeChat Pay, iDeal, TrustPay, Sofort Banking, Klarna, Przelewy, Boleto, Giropay, POLi, Trustly, Broker to Broker, Sticpay, PayRetailers, Payment Asia, SEPA, Crypto, Help2pay, USDT |
| Account Currency | USD, GBP, EUR, ZAR, RUB | USD, EUR |
| Languages | English, Spanish, French, German, Portuguese, Italian, Greek, Russian, Chinese, Bangla, Polish, Indonesian, Thai, Arabic, Vietnamese, Dutch, Swedish, Urdu, Hindi, Czech, Latvian, Romanian | English, Greek, Mandarin, Chinese, Indonesian, Malay, Vietnamese, Czech, Serbian, Simplified Chinese, Traditional Chinese, Bahasa Malay, Bahasa Indonesia |
| Country | Antigua and Barbuda | Cyprus |
| Trading platform(s) timezone | Antigua and Barbuda | China, Mauritius, Malaysia, Thailand, Vietnam |
| Other trading instruments | Stocks, Options, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals | - |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
