XTB VS IQ OPTION Comparison in 2024

In this article we are going to list in a comparative table the differences between XTB Broker and IQ Option Broker.

XTB broker started its activity in 2002 (under the name X-Trade Brokers). It started in Poland and has expanded internationally. It currently has offices in 14 countries and clients all over the world. It has important regulations, such as the UK FCA, and offers a versatile portfolio of services with more than 6100 financial instruments to invest in and its own comprehensive xStation trading platform.

IQ Option offers a wide range of assets to trade, free demo accounts, low minimum deposit, fast withdrawals and 24-hour customer support. IQ Option has a proprietary, intuitive and easy-to-use trading platform that offers a wealth of tools and features for technical analysis and risk management.

Here is a comparison of both brokers:

XTB	IQ OPTION
SELECT BROKER
Select a BrokerAVATRADEAXIEXNESSFBSFP MARKETSIC MARKETSIQ OPTIONOANDAPEPPERSTONEPLUS500ROBOFOREXXMXTB	Select a BrokerAVATRADEAXIEXNESSFBSFP MARKETSIC MARKETSIQ OPTIONOANDAPEPPERSTONEPLUS500ROBOFOREXXMXTB
Logo
Go to XTB	Go to IQ Option
Name
XTB	IQ Option
Trustpilot Rating
3,9 / 5	2,7 / 5
Regulation
FCA, FSC, CySEC, KNF, DFSA	--
Established since
2002	2013
Headquarters
London, United Kingdom	Antigua and Barbuda
Execution Type
Market Maker	Market Maker
Min Deposit
0 $	10 $
Max Leverage
1:500	1:500
Trading Platforms
Proprietary Webtrader (xStation 5), Mobile Versions (iOS and Android)	Proprietary Platform (Webtrader), Mobile Versions (iOS and Android)
IOS APP
ANDROID APP
WEB
GO TO XTB	GO TO IQ Option
EUR/USD Spread
Spreads from 0.1 pips.	Variable spreads from 0.9 pips.
Minimum Size
0.01 Lots	0.01 Lots
Payment Methods
Funding methods vary according to the resident country of the client.Examples: Credit and Debit Cards, Bank Wire Transfer, Paypal, Skrill (MoneyBookers), Neteller	Credit and Debit Cards, Bank Wire Transfer, WebMoney, Skrill (MoneyBookers), Neteller, Klarna
Demo Account
Islamic Account
Social Trading
Scalping
Hedging
Algorithmic trading
VPS
Financial Intruments
Over 6100: Forex, indices, commodities, stocks, ETFs and cryptocurrencies.	Over 250 CFDs: Forex currencies, stocks, cryptocurrencies, commodities and ETFs.
Logo
Go to XTB	Go to IQ Option
Pros
More than 6,100 financial instruments to trade. Excellent customer support and free training resources. Fast and intuitive xStation platform for all types of traders.	Attractive, powerful and multi-device trading platform. Withdrawals are handled fairly quickly in most cases. Affordable minimum deposit and low minimum volume requirements per trade.
Cons
Does not offer MetaTrader 4 or MetaTrader 5. Only its own trading platform. Demo account limited to 30 days of use. Not valid for automatic trading or copy trading.	Fewer financial instruments available than other brokers. Fee for inactivity after 90 days. We are missing some other means of payment such as PayPal.
Offer
VISIT BROKER (*) 76%-85% of retail investors lose money when trading CFDs with this broker. Excellent customer support.	VISIT BROKER (*) RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.