Capital.com vs IQ Option
Capital.com or IQ Option – which is better for UK traders 2024? Compare Capital.com and IQ Option in this detailed breakdown of their platforms, features and fees.
Capital.com | IQ Option |
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Capital.com is ranked #89 among CFD brokers. | IQ Option is ranked #91 among CFD brokers. |
Capital.com offer CFDs on a range of markets with competitive spreads and zero commissions. The broker also offers the Investmate app, negative balance protection and leveraged trading. |
IQ Option has closed or no longer accepts UK clients.
IQ Option is a trusted broker with multi-asset trading on its user-friendly proprietary platform. The broker provides trading on forex, stocks, cryptos, indices, commodities and ETFs with competitive fees and a good suite of extra features and educational content. You can also open an account with just $10. |
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. | RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | No |
Instruments | |
CFDs, forex, indices, shares, commodities, spread betting (only available in the UK), cryptos (not available in the UK) | CFD, Forex, Crypto, Stocks, Digital Options |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$20 (By credit card - varies by payment method) | $10 |
Payment Methods | |
Minimum Trade | |
$1 | 0.001 Lots |
Regulator | |
FCA, CySEC, ASIC, FSA | |
Mobile Apps | |
iOS & Android + InvestMate | iOS, Android and Windows |
Trading App | |
IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have also synchronised the look and feel of both the web trader and mobile platform, making switching between the two, seamless. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
1.5% | 0.2% |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
Yes | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
No | Yes |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Trade CFDs on an array of assets with ultra-low spreads | IQ Option deals primarily in CFDs, which are available on stocks, forex, cryptocurrencies and several other markets. The leverage available is in line with EU restrictions, to a maximum of 1:30 on major forex pairs but with less available on more volatile assets. Trades are commission-free with floating spreads and clients can use the award-winning platform. |
Leverage | |
1:30 | 1:500 |
FTSE Spread | |
0.9 pt var | |
GBPUSD Spread< | |
0.00013 pips var | 1 |
Oil Spread | |
0.03 pips var | 2.3 |
Stocks Spread | |
Var | 2 |
Forex | |
Capital.com offer a long list of forex CFD pairs for trading. All have competitive spreads. The firm also ensures negative balance protection | IQ Option offers CFD trading on 24 forex assets, including major pairs and some minors. EU traders can access a maximum of 1:30 leverage in line with local regulations. The broker offers commission-free trades but spreads are on the high side so the brand does not excel in this area. |
Assets | |
130+ | 60+ |
GBPUSD Spread | |
0.00013 pips (var) | 5 pips |
EURUSD Spread | |
0.00007 pips (var) | 14 pips |
EURGBP Spread | |
0.00015 pips (var) | 15 pips |
Cryptocurrency | |
Capital.com have some of the tightest spreads available on cryptos. They also offer crypto-only pairs, so that investors can trade cryptos versus each other, not purely the $ or € price. (Crypto not available to UK retail clients). | IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets, including Bitcoin, Ethereum, and Cardano. Leverage of up to 1:2 is available with a variable spread and no commission. Newer traders will also rate the intuitive trading software. |
Spread | |
66 pips (BTC to USD) | BTC 7%, ETH 12% (Var) |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Capital.com | IQ Option |
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. | RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK |
More Comparisons | |
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