Comparison of Exness and IQ Option
Feature | Exness | IQ Option |
---|---|---|
Broker | ||
Year Founded | 2008 | 2013 |
Broker Type | MM, STP, ECN | MM |
Dealing | A-book, B-book | B-book |
Execution | Market | Market |
Regulation | FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA | CySEC, SVGFSA |
Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Quadcode |
Spread | ⬊ Low | ⮕ Average |
Maximum Leverage | 1:2000 | 1:500 |
Minimum Deposit | $10 | $10 |
Base Currencies | USD, EUR, RUB, GBP, AUD, CHF, JPY, ZAR, NZD, SGD, CAD, HKD, CNY, UAH, MYR, IDR, THB, VND, KWD, AED, HUF, MXN, NGN, JOD, ARS, AZN, BDT, BHD, BND, EGP, BRL, GHS, INR, KES, KRW, KZT, MAD, OMR, PHP, PKR, QAR, SAR, UGX, UZS, XOF, ILS | USD, EUR, GBP, RUB |
Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money | Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT) |
Inactivity Fee | ✖ | $10 per month after 90 days |
Interest on Margin | ✖ | ✖ |
Withdrawal Fee | ✖ | $30 on bank wire; other methods free |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | ICF |
Protection Size | £85 000 / €20 000 | €20 000 |
Segregated Accounts | ✔ | ✔ |
Negative Balance Protection | ✔ | ✔ |
Guaranteed Stop Loss | ✖ | ✖ |
Copy Trading | ✔ | ✖ |
VPS | ✔ | ✖ |
MAM/PAMM | ✖ | ✖ |
Scalping Allowed | ✔ | ✖ |
EAs/Robots | ✔ | ✖ |
Depth of Market (DOM) | ✔ | ✖ |
Tradable Assets (CFDs) | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities |
Review | Exness Review | IQ Option Review |
About Exness
Exness is a well-established forex and CFD broker that has been serving traders globally since 2008. Renowned for its transparency and client-centric approach, Exness offers a diverse range of trading instruments, including currency pairs, commodities, cryptocurrencies, and indices. The broker is regulated by reputable authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC), providing traders with a secure and trustworthy trading environment. One of the key strengths of Exness is its competitive trading conditions. Traders benefit from tight spreads, low commissions, and fast execution speeds, which are crucial for successful trading. Exness provides access to the popular MetaTrader 4 and MetaTrader 5 platforms, catering to both novice and experienced traders with advanced tools and features. The broker also offers responsive customer support available in multiple languages, ensuring assistance is readily available when needed. However, it's important to note that Exness does not accept clients from certain countries due to regulatory restrictions. While the broker offers a solid range of trading instruments, some traders may find the selection less extensive compared to other brokers. Additionally, educational resources and market analysis tools are somewhat limited, which might not fully meet the needs of traders seeking comprehensive educational support.
Pros
- Provides a secure trading environment
- Tight spreads and fast execution
- Suits different trading styles and experience levels
- Access to MT4 and MT5 with advanced features
- Assistance available in multiple languages
- Includes forex, commodities, cryptocurrencies, and indices
Cons
- Does not accept clients from certain countries
- Fewer educational materials compared to some competitors
- Less extensive selection than some other brokers
- No proprietary or alternative platforms offered
About IQ Option
IQ Option is a regulated broker founded in 2013. It combines its own award-winning platform with a low $10 entry threshold and $1 trade size, offering 300+ instruments across CFDs and fixed-time options. The broker attracts both beginners and active traders with an intuitive interface, rich charting toolkit and 24/7 multilingual support. While spreads are competitive, availability is limited in a number of jurisdictions and binary options remain high-risk.
Pros
- Low $10 minimum deposit and $1 trade size
- Proprietary platform with 100+ indicators and built-in news feed
- Wide range of instruments (300+), incl. 25+ crypto CFDs
- Free practice account with $10 000 virtual funds
- Fast withdrawals (1-3 days) and many funding methods
- CySEC regulation and segregated client funds
Cons
- Binary options classified as high-risk in many countries
- Inactivity fee after 90 days
- Higher spreads than ECN brokers; no MT4/MT5 support
Exness & IQ Option Regulation
Feature | Exness | IQ Option |
---|---|---|
Companies | Exness (UK) Ltd, Nymstar Limited, Vlerizo (Pty) Ltd, Tortelo Limited, Venico Capital Limited, Exness (Cy) Ltd, Exness B.V., Tadenex Limited | IQ Option Europe Ltd, IQ Option LLC |
Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Cyprus, Saint Vincent and the Grenadines |
Regulators | FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA | CySEC, SVGFSA |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | ICF |
Investor Protection Size | £85 000 / €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
Account | Exness | IQ Option |
---|---|---|
Market Maker Account | ||
Account Name | Pro | Standard |
Min Deposit | $200 | $10 |
Lot Size | 0.01 | 0.01 |
Spread Type | Floating | Floating |
Execution | Market | Market |
Min Spread | 0.1 | 0.5 |
Fee | No | No |
Max Leverage | 1:2000 | 1:500 |
Stop Out | 0% | 50% |
Margin Call | 30% | 100% |
STP Account | ||
Account Name | Standard | — |
Min Deposit | $10 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 0.3 | — |
Fee | No | — |
Max Leverage | 1:2000 | — |
Stop Out | 0% | — |
Margin Call | 60% | — |
ECN Account | ||
Account Name | Raw Spread | — |
Min Deposit | $200 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 0 | — |
Fee | $7 per 1 lot | — |
Max Leverage | 1:2000 | — |
Stop Out | 0% | — |
Margin Call | 30% | — |
Zero Account | ||
Account Name | Zero | — |
Min Deposit | $200 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 0 | — |
Fee | $7 per 1 lot | — |
Max Leverage | 1:2000 | — |
Stop Out | 0% | — |
Margin Call | 30% | — |
Cent Account | ||
Account Name | Standard Cent | — |
Min Deposit | $10 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 0.3 | — |
Fee | No | — |
Max Leverage | 1:2000 | — |
Stop Out | 0% | — |
Margin Call | 60% | — |
Additional Features | ||
Demo Account | ||
VIP Account | ||
Swap-Free Account | ||
Copy Trading | ||
VPS | ||
PAMM/MAM Accounts | ||
Binary Options | ||
Account | — | Binary Options |
Minimum Deposit | — | $10 |
Option Types | — | Call/Put, Turbo, Digital Options |
Minimum Stake | — | $1 |
Payout | — | from 55% to 95% |
Expiration Time | — | from 30 seconds to 30 days |
Funding and Fees
Feature | Exness | IQ Option |
---|---|---|
Base currencies | USD, EUR, RUB, GBP, AUD, CHF, JPY, ZAR, NZD, SGD, CAD, HKD, CNY, UAH, MYR, IDR, THB, VND, KWD, AED, HUF, MXN, NGN, JOD, ARS, AZN, BDT, BHD, BND, EGP, BRL, GHS, INR, KES, KRW, KZT, MAD, OMR, PHP, PKR, QAR, SAR, UGX, UZS, XOF, ILS | USD, EUR, GBP, RUB |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money | Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT) |
Inactivity fee | $10 per month after 90 days | |
Interest on margin | ||
Withdrawal fee | $30 on bank wire; other methods free |
Trading Platforms and Conditions
Feature | Exness | IQ Option |
---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Quadcode |
Execution Speed | 10 ms | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | average |
Trading Assets
Asset | Exness | IQ Option |
---|---|---|
Currencies | 95 | 63 |
Indices | 10 | 12 |
Stocks | 98 | 379 |
Cryptocurrencies | 11 | 26 |
Bonds | 0 | 0 |
Metals | 15 | 3 |
Energies | 3 | 3 |
Soft Commodities | 0 | 3 |
ETFs | 0 | 22 |
Education and Analytics
Feature | Exness | IQ Option |
---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Contests
Feature | Exness | IQ Option |
---|---|---|
Demo Contests | ||
Is available | ||
Contests List | — |
|
- Weekend TreatStart Balance: $100 · Prize Pool: $1500 · Period: WeeklyLearn More
- Salary in a DayStart Balance: $100 · Prize Pool: $3,000 · Period: WeeklyLearn More
- Austin 1000Start Balance: $1000 · Prize Pool: $1000 · Period: WeeklyLearn More
- IQ LaunchStart Balance: $100 · Prize Pool: $10000 · Period: WeeklyLearn More
- 72 HoursStart Balance: $100 · Prize Pool: $5000 · Period: Every 2 WeeksLearn More
Customer Support
Contact | Exness | IQ Option |
---|---|---|
Email | support@exness.com | support@iqoption.com |
Phone | +35725030959 | +35724257707 |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Which Broker is Better?
After comparing Exness and IQ Option, Exness comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons

Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.