Plus500 vs IQ Option

Plus500 or IQ Option – which is better for UK traders 2021? Compare Plus500 and IQ Option in this detailed breakdown of their platforms, features and fees.

Plus500 vs IQ Option Comparison Table 2021
Plus500 IQ Option
An investor with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Cryptocurrency (Availability subject to regulation), Options and Indices. With tight spreads and no commission, they are a leading global brand.
IQ Option no longer accepts UK clients.
72% of retail CFD accounts lose money.
FCA Regulated
✓ Yes ✗ No
Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
  • Best Trading App 2019 - DayTrading.com
Instruments
Stocks, Options, CFD, Forex, Crypto
Bonus Offer
None None
Demo Account
✓ Yes ✗ No
Minimum Deposit
$100
Payment Methods
BPAY, Credit Card, Debit Card, Diners Club, Giropay, iDeal, JCB Card, M-Pesa, Mastercard, Neteller, PayPal, Skrill, Swift, Trustly, Visa, Webmoney, Western Union, Wire Transfer
Minimum Trade
Varies by asset
Regulator
FCA, MAS, CySec, ASIC, ESMA
MetaTrader 4
✗ No ✗ No
MetaTrader 5
✗ No ✗ No
cTrader
✗ No ✗ No
DMA Account
✗ No ✗ No
ECN Account
✗ No ✗ No
Mobile Apps
iOS, Android and Windows
Auto Trading
✗ No ✗ No
Trade Signals
✗ No ✗ No
Social Trading
✗ No ✗ No
Copy Trading
✗ No ✗ No
Islamic Account
✗ No ✗ No
CFD
CFD trading not offered
Leverage
1:30
FTSE Spread
Variable
GBPUSD Spread
Variable
Oil Spread
Variable
Stocks Spread
Variable
Forex
Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account. Forex trading not offered
GBPUSD Spread
Variable
EURUSD Spread
Variable
EURGBP Spread
Variable
Assets
70+
Forex App

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

Cryptocurrency
CFDs in cryptocurrency and crypto indices trading offered - Availability subject of regulation Crypto trading not offered
Spread
Variable
Coins
BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR
Plus500 IQ Option
72% of retail CFD accounts lose money.
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