Comparison of Expert Option and IQ Option
| Feature | Expert Option | IQ Option |
|---|---|---|
| Broker | ||
| Year Founded | 2014 | 2013 |
| Broker Type | MM | MM |
| Dealing | B-book | B-book |
| Execution | Instant | Market |
| Regulation | SVGFSA | CySEC, SVGFSA |
| Platforms | ExpertOption | Quadcode |
| Spread | - N/A | ⮕ Average |
| Maximum Leverage | 1:1 | 1:500 |
| Minimum Deposit | $10 | $10 |
| Base Currencies | USD | USD, EUR, GBP, RUB |
| Funding Methods | Visa, MasterCard, Maestro, UnionPay, Skrill, Neteller, Bank Wire, WhatsApp Pay, Google Pay, Binance Pay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT) | 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 | $50 per month after 3 months | $10 per month after 90 days |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | $30 on bank wire; other methods free |
| Investor Protection | FinancialCommission.org | ICF |
| Protection Size | €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, ETFs, Cryptocurrencies, Commodities | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | Expert Option Review | IQ Option Review |
About Expert Option
ExpertOption is a binary options broker launched in 2014. With a $10 minimum deposit and a proprietary web/mobile platform, it lets beginners trade 60+ assets across forex, stocks and commodities in deals from 30 seconds to 8 hours. The company is a Category A member of the Financial Commission, which provides up to €20 000 compensation in case of disputes. Although not regulated by top-tier authorities and unavailable in the US, EU and dozens of other countries, ExpertOption attracts 70 million+ clients thanks to social trading, priority withdrawals for Gold+ tiers and payouts up to 95% on successful trades.
Pros
- Low $10 entry barrier with $1 trade size
- Payouts up to 95 % on binary option contracts
- Social trading feed and copy-trade feature
- Member of the Financial Commission (€20 k protection fund)
- 24/7 multilingual live-chat support
Cons
- Not supervised by FCA, ASIC or CySEC
- Only proprietary platform – no MT4/MT5 or cTrader
- Short expiries unsuited to many strategies
- Limited education compared with larger CFD brokers
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
Expert Option & IQ Option Regulation
| Feature | Expert Option | IQ Option |
|---|---|---|
Companies | EOLabs LLC | IQ Option Europe Ltd, IQ Option LLC |
Countries | St Vincent & the Grenadines | Cyprus, Saint Vincent and the Grenadines |
Regulators | SVGFSA | CySEC, SVGFSA |
Investor Protection | FinancialCommission.org | ICF |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Expert Option
EOLabs LLC
IQ Option
IQ Option Europe Ltd, IQ Option LLC
Countries
Expert Option
St Vincent & the Grenadines
IQ Option
Cyprus, Saint Vincent and the Grenadines
Regulators
Expert Option
SVGFSA
IQ Option
CySEC, SVGFSA
Investor Protection
Expert Option
FinancialCommission.org
IQ Option
ICF
Investor Protection Size
Expert Option
€20 000
IQ Option
€20 000
Publicly Traded
Expert Option
IQ Option
Segregated Accounts
Expert Option
IQ Option
Guaranteed Stop Loss
Expert Option
IQ Option
Negative Balance Protection
Expert Option
IQ Option
Account Types
| Account | Expert Option | IQ Option |
|---|---|---|
Market Maker Account | ||
| Account Name | — | Standard |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.5 |
| Fee | — | No |
| Max Leverage | — | 1:500 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Binary Options | Binary Options |
| Minimum Deposit | $10 | $10 |
| Option Types | Call/Put | Call/Put, Turbo, Digital Options |
| Minimum Stake | $1 | $1 |
| Payout | from 25% to 95% | from 55% to 95% |
| Expiration Time | from 30 seconds to 8 hours | from 30 seconds to 30 days |
Market Maker Account
Account Name
Expert Option
—
IQ Option
Standard
Min Deposit
Expert Option
—
IQ Option
$10
Lot Size
Expert Option
—
IQ Option
0.01
Spread Type
Expert Option
—
IQ Option
Floating
Execution
Expert Option
—
IQ Option
Market
Min Spread
Expert Option
—
IQ Option
0.5
Fee
Expert Option
—
IQ Option
No
Max Leverage
Expert Option
—
IQ Option
1:500
Stop Out
Expert Option
—
IQ Option
50%
Margin Call
Expert Option
—
IQ Option
100%
Additional Features
Demo Account
Expert Option
IQ Option
VIP Account
Expert Option
IQ Option
Swap-Free Account
Expert Option
IQ Option
Copy Trading
Expert Option
IQ Option
VPS
Expert Option
IQ Option
PAMM/MAM Accounts
Expert Option
IQ Option
Binary Options
Account
Expert Option
Binary Options
IQ Option
Binary Options
Minimum Deposit
Expert Option
$10
IQ Option
$10
Option Types
Expert Option
Call/Put
IQ Option
Call/Put, Turbo, Digital Options
Minimum Stake
Expert Option
$1
IQ Option
$1
Payout
Expert Option
from 25% to 95%
IQ Option
from 55% to 95%
Expiration Time
Expert Option
from 30 seconds to 8 hours
IQ Option
from 30 seconds to 30 days
Funding and Fees
| Feature | Expert Option | IQ Option |
|---|---|---|
Base currencies | USD | USD, EUR, GBP, RUB |
Deposit and withdrawal methods | Visa, MasterCard, Maestro, UnionPay, Skrill, Neteller, Bank Wire, WhatsApp Pay, Google Pay, Binance Pay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT) | 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 | $50 per month after 3 months | $10 per month after 90 days |
Interest on margin | ||
Withdrawal fee | $30 on bank wire; other methods free |
Base currencies
Expert Option
USD
IQ Option
USD, EUR, GBP, RUB
Deposit and withdrawal methods
Expert Option
Visa, MasterCard, Maestro, UnionPay, Skrill, Neteller, Bank Wire, WhatsApp Pay, Google Pay, Binance Pay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
IQ Option
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
Expert Option
$50 per month after 3 months
IQ Option
$10 per month after 90 days
Interest on margin
Expert Option
IQ Option
Withdrawal fee
Expert Option
IQ Option
$30 on bank wire; other methods free
Trading Platforms and Conditions
| Feature | Expert Option | IQ Option |
|---|---|---|
Trading Platforms | ExpertOption | Quadcode |
Execution Speed | 80 ms | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | N/A | average |
Trading Platforms
Expert Option
ExpertOption
IQ Option
Quadcode
Execution Speed
Expert Option
80 ms
IQ Option
10 ms
Scalping
Expert Option
IQ Option
Expert Advisors (EAs)
Expert Option
IQ Option
Depth of Market (DOM)
Expert Option
IQ Option
Spread
Expert Option
N/A
IQ Option
average
Trading Assets
| Asset | Expert Option | IQ Option |
|---|---|---|
Currencies | 17 | 63 |
Indices | 11 | 12 |
Stocks | 25 | 379 |
Cryptocurrencies | 0 | 26 |
Bonds | 0 | 0 |
Metals | 4 | 3 |
Energies | 1 | 3 |
Soft Commodities | 0 | 3 |
ETFs | 16 | 22 |
Currencies
Expert Option
17
IQ Option
63
Indices
Expert Option
11
IQ Option
12
Stocks
Expert Option
25
IQ Option
379
Cryptocurrencies
Expert Option
0
IQ Option
26
Bonds
Expert Option
0
IQ Option
0
Metals
Expert Option
4
IQ Option
3
Energies
Expert Option
1
IQ Option
3
Soft Commodities
Expert Option
0
IQ Option
3
ETFs
Expert Option
16
IQ Option
22
Education and Analytics
| Feature | Expert Option | IQ Option |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Expert Option
IQ Option
Indicators
Expert Option
IQ Option
Robots
Expert Option
IQ Option
Signals
Expert Option
IQ Option
Autochartist
Expert Option
IQ Option
Expert Analytics
Expert Option
IQ Option
News Feed
Expert Option
IQ Option
Education Articles
Expert Option
IQ Option
Webinars
Expert Option
IQ Option
Seminars
Expert Option
IQ Option
Contests
| Feature | Expert Option | IQ Option |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
Demo Contests
Is available
Expert Option
IQ Option
Contests List
Expert Option
—
IQ Option
- 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 | Expert Option | IQ Option |
|---|---|---|
Email | help@eo.support | support@iqoption.com |
Phone | — | +35724257707 |
Telegram | Telegram | — |
Facebook | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | — |
Email
Expert Option
IQ Option
Phone
Expert Option
—
IQ Option
Telegram
Expert Option
IQ Option
—
Facebook
Expert Option
IQ Option
—
Twitter
Expert Option
—
IQ Option
Which Broker is Better?
After comparing Expert Option and IQ Option, IQ Option 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.