Deriv vs IQ Option: Comparison

Andriy BondarenkoAndriy Bondarenko
  • Year Founded: 2020
  • Broker Type: STP
  • Platforms: MetaTrader 5 (MT5), Deriv X, cTrader
  • Spread: Low
  • Maximum Leverage: 1:4000
  • Minimum Deposit: $1
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  • Year Founded: 2013
  • Broker Type: MM
  • Platforms: Quadcode
  • Spread: Average
  • Maximum Leverage: 1:500
  • Minimum Deposit: $10
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Our pick:

Deriv

Based on multiple factors—spreads and fees, available assets and instruments, platforms and execution speed, quality of support and educational resources. This is not financial advice.

Comparison of Deriv and IQ Option

FeatureDerivIQ Option
Broker
Year Founded20202013
Broker TypeSTPMM
DealingA-bookB-book
ExecutionMarketMarket
RegulationLFSA, BVIFSC, VFSC, SVGFSA, JFSC, MFSACySEC, SVGFSA
PlatformsMetaTrader 5 (MT5), Deriv X, cTraderQuadcode
Spread Low Average
Maximum Leverage1:40001:500
Minimum Deposit$1$10
Base CurrenciesUSD, EUR, GBP, AUD, BTC, ETH, LTC, USDT, USDCUSD, EUR, GBP, RUB
Funding MethodsBank Wire, Credit Card, Debit Card, Trustly, Ngan Luong, ZingPay, DragonPhoenix, Help2pay, PayTrust88, Volet.com, 1foryou, AstroPay, Beyonic, OnlineNaira, Paylivre, Boleto, Airtm, SticPay, Jeton, PaySafeCard, WebMoney, Neteller, Skrill, Perfect Money, FasaPay, Bitcoin (BTC), Tether (USDT), Litecoin (LTC), USD Coin (USDC), Ethereum (ETH)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$25 per month after 12 months$10 per month after 90 days
Interest on Margin
Withdrawal Fee$30 on bank wire; other methods free
Investor ProtectionFinancialcommission.orgICF
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, Metals, Energies, CryptocurrenciesCurrencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities
ReviewDeriv ReviewIQ Option Review

About Deriv

Deriv is a prominent online trading platform that has evolved from its origins as Binary.com to offer a diverse range of trading instruments suitable for both novice and experienced traders. Renowned for its user-friendly interfaces, including the proprietary Deriv X platform alongside the widely acclaimed MetaTrader 5 (MT5), Deriv provides flexible trading solutions tailored to various trading strategies. The broker offers an extensive array of financial instruments, including Forex, CFDs, cryptocurrencies, synthetic indices, and commodities, ensuring ample opportunities for diversification. With competitive spreads, high leverage options up to 1:4000 (subject to regulatory restrictions), and a low minimum deposit requirement, Deriv appeals to a broad spectrum of traders. Additionally, Deriv emphasizes security and transparency by being regulated by reputable authorities such as the Malta Financial Services Authority (MFSA) and offering segregated accounts to safeguard clients' funds. Comprehensive customer support is available 24/7 through multiple channels, enhancing the overall trading experience. While Deriv excels in providing advanced trading tools and a wide range of instruments, it may have some limitations in terms of educational resources and platform availability in certain regions.

Pros

  • Offers multiple platforms
  • Provides access to a variety of financial instruments
  • Features competitive spreads and leverage options
  • Requires a low minimum deposit
  • Regulated by reputable authorities
  • Supports automated trading through the DBot platform and Expert Advisors (EAs) on MT5, facilitating algorithmic and high-frequency trading strategies
  • Provides intuitive and easy-to-navigate trading platforms, enhancing the overall trading experience

Cons

  • Lacks comprehensive educational materials
  • Absence of fixed spread account options

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

Deriv & IQ Option Regulation

Companies
Deriv
Deriv (FX) Ltd, Deriv (BVI) Ltd, Deriv (V) Ltd, Deriv (SVG) LLC, Deriv Limited, Deriv Investments (Europe) Limited
IQ Option
IQ Option Europe Ltd, IQ Option LLC
Countries
Deriv
Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta
IQ Option
Cyprus, Saint Vincent and the Grenadines
Regulators
Deriv
LFSA, BVIFSC, VFSC, SVGFSA, JFSC, MFSA
IQ Option
CySEC, SVGFSA
Investor Protection
Deriv
Financialcommission.org
IQ Option
ICF
Investor Protection Size
Deriv
€20 000
IQ Option
€20 000
Publicly Traded
Deriv
IQ Option
Segregated Accounts
Deriv
IQ Option
Guaranteed Stop Loss
Deriv
IQ Option
Negative Balance Protection
Deriv
IQ Option

Account Types

Market Maker Account
Account Name
Deriv
IQ Option
Standard
Min Deposit
Deriv
IQ Option
$10
Lot Size
Deriv
IQ Option
0.01
Spread Type
Deriv
IQ Option
Floating
Execution
Deriv
IQ Option
Market
Min Spread
Deriv
IQ Option
0.5
Fee
Deriv
IQ Option
No
Max Leverage
Deriv
IQ Option
1:500
Stop Out
Deriv
IQ Option
50%
Margin Call
Deriv
IQ Option
100%
STP Account
Account Name
Deriv
CFD
IQ Option
Min Deposit
Deriv
$1
IQ Option
Lot Size
Deriv
0.01
IQ Option
Spread Type
Deriv
Floating
IQ Option
Execution
Deriv
Market
IQ Option
Min Spread
Deriv
0.5
IQ Option
Fee
Deriv
No
IQ Option
Max Leverage
Deriv
1:4000
IQ Option
Stop Out
Deriv
50%
IQ Option
Margin Call
Deriv
100%
IQ Option
Crypto Account
Account Name
Deriv
Crypto
IQ Option
Min Deposit
Deriv
$1
IQ Option
Lot Size
Deriv
0.01
IQ Option
Spread Type
Deriv
Floating
IQ Option
Execution
Deriv
Market
IQ Option
Min Spread
Deriv
0.5
IQ Option
Fee
Deriv
No
IQ Option
Max Leverage
Deriv
1:1000
IQ Option
Stop Out
Deriv
50%
IQ Option
Margin Call
Deriv
100%
IQ Option
Additional Features
Demo Account
Deriv
IQ Option
VIP Account
Deriv
IQ Option
Swap-Free Account
Deriv
IQ Option
Copy Trading
Deriv
IQ Option
VPS
Deriv
IQ Option
PAMM/MAM Accounts
Deriv
IQ Option
Binary Options
Account
Deriv
Options
IQ Option
Binary Options
Minimum Deposit
Deriv
$1
IQ Option
$10
Option Types
Deriv
Call/Put, Turbos, Rise/Fall, Higher/Lower, Touch/No Touch, Matches/Differs, Even/Odd, Over/Under
IQ Option
Call/Put, Turbo, Digital Options
Minimum Stake
Deriv
$0.35
IQ Option
$1
Payout
Deriv
from 68% to 100%
IQ Option
from 55% to 95%
Expiration Time
Deriv
from 60 seconds to 365 days
IQ Option
from 30 seconds to 30 days

Funding and Fees

Base currencies
Deriv
USD, EUR, GBP, AUD, BTC, ETH, LTC, USDT, USDC
IQ Option
USD, EUR, GBP, RUB
Deposit and withdrawal methods
Deriv
Bank Wire, Credit Card, Debit Card, Trustly, Ngan Luong, ZingPay, DragonPhoenix, Help2pay, PayTrust88, Volet.com, 1foryou, AstroPay, Beyonic, OnlineNaira, Paylivre, Boleto, Airtm, SticPay, Jeton, PaySafeCard, WebMoney, Neteller, Skrill, Perfect Money, FasaPay, Bitcoin (BTC), Tether (USDT), Litecoin (LTC), USD Coin (USDC), Ethereum (ETH)
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
Deriv
$25 per month after 12 months
IQ Option
$10 per month after 90 days
Interest on margin
Deriv
IQ Option
Withdrawal fee
Deriv
IQ Option
$30 on bank wire; other methods free

Trading Platforms and Conditions

Trading Platforms
Deriv
MetaTrader 5 (MT5), Deriv X, cTrader
IQ Option
Quadcode
Execution Speed
Deriv
-
IQ Option
10 ms
Scalping
Deriv
IQ Option
Expert Advisors (EAs)
Deriv
IQ Option
Depth of Market (DOM)
Deriv
IQ Option
Spread
Deriv
low
IQ Option
average

Trading Assets

Currencies
Deriv
57
IQ Option
63
Indices
Deriv
63
IQ Option
12
Stocks
Deriv
57
IQ Option
379
Cryptocurrencies
Deriv
31
IQ Option
26
Bonds
Deriv
0
IQ Option
0
Metals
Deriv
11
IQ Option
3
Energies
Deriv
2
IQ Option
3
Soft Commodities
Deriv
0
IQ Option
3
ETFs
Deriv
31
IQ Option
22

Education and Analytics

Economic Calendar
Deriv
IQ Option
Indicators
Deriv
IQ Option
Robots
Deriv
IQ Option
Signals
Deriv
IQ Option
Autochartist
Deriv
IQ Option
Expert Analytics
Deriv
IQ Option
News Feed
Deriv
IQ Option
Education Articles
Deriv
IQ Option
Webinars
Deriv
IQ Option
Seminars
Deriv
IQ Option

Contests

Demo Contests
Is available
Deriv
IQ Option
Contests List
Deriv
IQ Option
  • Weekend Treat
    Start Balance: $100 · Prize Pool: $1500 · Period: Weekly
    Learn More
  • Salary in a Day
    Start Balance: $100 · Prize Pool: $3,000 · Period: Weekly
    Learn More
  • Austin 1000
    Start Balance: $1000 · Prize Pool: $1000 · Period: Weekly
    Learn More
  • IQ Launch
    Start Balance: $100 · Prize Pool: $10000 · Period: Weekly
    Learn More
  • 72 Hours
    Start Balance: $100 · Prize Pool: $5000 · Period: Every 2 Weeks
    Learn More

Customer Support

Phone
Deriv
IQ Option
Facebook
IQ Option
LinkedIn
IQ Option
YouTube
Deriv
IQ Option
Instagram
IQ Option
Twitter
Deriv
IQ Option

Which Broker is Better?

After comparing Deriv and IQ Option, Deriv 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

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.