Exness vs IQ Option: Comparison

Andriy BondarenkoAndriy Bondarenko
  • Year Founded: 2008
  • Broker Type: MM, STP, ECN
  • Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
  • Spread: Low
  • Maximum Leverage: 1:2000
  • Minimum Deposit: $10
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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:

Exness

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 Exness and IQ Option

FeatureExnessIQ Option
Broker
Year Founded20082013
Broker TypeMM, STP, ECNMM
DealingA-book, B-bookB-book
ExecutionMarketMarket
RegulationFCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMACySEC, SVGFSA
PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5)Quadcode
Spread Low Average
Maximum Leverage1:20001:500
Minimum Deposit$10$10
Base CurrenciesUSD, 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, ILSUSD, EUR, GBP, RUB
Funding MethodsBank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect MoneyBank 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 ProtectionUK 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, EnergiesCurrencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities
ReviewExness ReviewIQ 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

Companies
Exness
Exness (UK) Ltd, Nymstar Limited, Vlerizo (Pty) Ltd, Tortelo Limited, Venico Capital Limited, Exness (Cy) Ltd, Exness B.V., Tadenex Limited
IQ Option
IQ Option Europe Ltd, IQ Option LLC
Countries
Exness
United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya
IQ Option
Cyprus, Saint Vincent and the Grenadines
Regulators
Exness
FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA
IQ Option
CySEC, SVGFSA
Investor Protection
Exness
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
IQ Option
ICF
Investor Protection Size
Exness
£85 000 / €20 000
IQ Option
€20 000
Publicly Traded
Exness
IQ Option
Segregated Accounts
Exness
IQ Option
Guaranteed Stop Loss
Exness
IQ Option
Negative Balance Protection
Exness
IQ Option

Account Types

Market Maker Account
Account Name
Exness
Pro
IQ Option
Standard
Min Deposit
Exness
$200
IQ Option
$10
Lot Size
Exness
0.01
IQ Option
0.01
Spread Type
Exness
Floating
IQ Option
Floating
Execution
Exness
Market
IQ Option
Market
Min Spread
Exness
0.1
IQ Option
0.5
Fee
Exness
No
IQ Option
No
Max Leverage
Exness
1:2000
IQ Option
1:500
Stop Out
Exness
0%
IQ Option
50%
Margin Call
Exness
30%
IQ Option
100%
STP Account
Account Name
Exness
Standard
IQ Option
Min Deposit
Exness
$10
IQ Option
Lot Size
Exness
0.01
IQ Option
Spread Type
Exness
Floating
IQ Option
Execution
Exness
Market
IQ Option
Min Spread
Exness
0.3
IQ Option
Fee
Exness
No
IQ Option
Max Leverage
Exness
1:2000
IQ Option
Stop Out
Exness
0%
IQ Option
Margin Call
Exness
60%
IQ Option
ECN Account
Account Name
Exness
Raw Spread
IQ Option
Min Deposit
Exness
$200
IQ Option
Lot Size
Exness
0.01
IQ Option
Spread Type
Exness
Floating
IQ Option
Execution
Exness
Market
IQ Option
Min Spread
Exness
0
IQ Option
Fee
Exness
$7 per 1 lot
IQ Option
Max Leverage
Exness
1:2000
IQ Option
Stop Out
Exness
0%
IQ Option
Margin Call
Exness
30%
IQ Option
Zero Account
Account Name
Exness
Zero
IQ Option
Min Deposit
Exness
$200
IQ Option
Lot Size
Exness
0.01
IQ Option
Spread Type
Exness
Floating
IQ Option
Execution
Exness
Market
IQ Option
Min Spread
Exness
0
IQ Option
Fee
Exness
$7 per 1 lot
IQ Option
Max Leverage
Exness
1:2000
IQ Option
Stop Out
Exness
0%
IQ Option
Margin Call
Exness
30%
IQ Option
Cent Account
Account Name
Exness
Standard Cent
IQ Option
Min Deposit
Exness
$10
IQ Option
Lot Size
Exness
0.01
IQ Option
Spread Type
Exness
Floating
IQ Option
Execution
Exness
Market
IQ Option
Min Spread
Exness
0.3
IQ Option
Fee
Exness
No
IQ Option
Max Leverage
Exness
1:2000
IQ Option
Stop Out
Exness
0%
IQ Option
Margin Call
Exness
60%
IQ Option
Additional Features
Demo Account
Exness
IQ Option
VIP Account
Exness
IQ Option
Swap-Free Account
Exness
IQ Option
Copy Trading
Exness
IQ Option
VPS
Exness
IQ Option
PAMM/MAM Accounts
Exness
IQ Option
Binary Options
Account
Exness
IQ Option
Binary Options
Minimum Deposit
Exness
IQ Option
$10
Option Types
Exness
IQ Option
Call/Put, Turbo, Digital Options
Minimum Stake
Exness
IQ Option
$1
Payout
Exness
IQ Option
from 55% to 95%
Expiration Time
Exness
IQ Option
from 30 seconds to 30 days

Funding and Fees

Base currencies
Exness
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
IQ Option
USD, EUR, GBP, RUB
Deposit and withdrawal methods
Exness
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money
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
Exness
IQ Option
$10 per month after 90 days
Interest on margin
Exness
IQ Option
Withdrawal fee
Exness
IQ Option
$30 on bank wire; other methods free

Trading Platforms and Conditions

Trading Platforms
Exness
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
IQ Option
Quadcode
Execution Speed
Exness
10 ms
IQ Option
10 ms
Scalping
Exness
IQ Option
Expert Advisors (EAs)
Exness
IQ Option
Depth of Market (DOM)
Exness
IQ Option
Spread
Exness
low
IQ Option
average

Trading Assets

Currencies
Exness
95
IQ Option
63
Indices
Exness
10
IQ Option
12
Stocks
Exness
98
IQ Option
379
Cryptocurrencies
Exness
11
IQ Option
26
Bonds
Exness
0
IQ Option
0
Metals
Exness
15
IQ Option
3
Energies
Exness
3
IQ Option
3
Soft Commodities
Exness
0
IQ Option
3
ETFs
Exness
0
IQ Option
22

Education and Analytics

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

Contests

Demo Contests
Is available
Exness
IQ Option
Contests List
Exness
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
Facebook
Exness
IQ Option
LinkedIn
Exness
IQ Option
YouTube
Exness
IQ Option
Instagram
Exness
IQ Option
Twitter
Exness
IQ Option

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

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.