Comparison of IQ Option and RaceOption
| Feature | IQ Option | RaceOption |
|---|---|---|
| Broker | ||
| Year Founded | 2013 | 2017 |
| Broker Type | MM | MM |
| Dealing | B-book | B-book |
| Execution | Market | Instant |
| Regulation | CySEC, SVGFSA | - |
| Platforms | Quadcode | RaceOption |
| Spread | ⮕ Average | - N/A |
| Maximum Leverage | 1:500 | 1:1 |
| Minimum Deposit | $10 | $250 |
| Base Currencies | USD, EUR, GBP, RUB | USD, EUR, GBP, RUB |
| Funding Methods | Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT) | Visa, Mastercard, Perfect Money, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC) |
| Inactivity Fee | $10 per month after 90 days | $10 per month after 1 month of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | $30 on bank wire; other methods free | ✖ |
| Investor Protection | ICF | - |
| Protection Size | €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, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Commodities, Indices, Stocks, Cryptocurrencies |
| Review | IQ Option Review | RaceOption Review |
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
About RaceOption
RaceOption is an offshore broker established in 2017 that specialises in high-frequency binary options. Traders can start with a $250 Bronze account, place orders from just $1, and earn payouts of up to 95%. The proprietary web and mobile platform supports 100+ assets and offers copy-trading, weekend markets and 24/7 multilingual video chat. Withdrawals are typically processed within one hour.
Pros
- Payouts up to 95% and expiries from 5 seconds
- Fast, fee-free deposits and 1-hour withdrawals
- Copy-trading, contests and weekly prize draws
- 24/7 trading, including weekends, with live video support
Cons
- No top-tier regulation or investor-protection scheme
- High minimum deposit compared with some competitors
- Demo account gated behind initial deposit
- No support for MT4/MT5 or automated EAs
IQ Option & RaceOption Regulation
| Feature | IQ Option | RaceOption |
|---|---|---|
Companies | IQ Option Europe Ltd, IQ Option LLC | Makerun Corp. |
Countries | Cyprus, Saint Vincent and the Grenadines | Marshall Islands |
Regulators | CySEC, SVGFSA | - |
Investor Protection | ICF | - |
Investor Protection Size | €20 000 | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
IQ Option
IQ Option Europe Ltd, IQ Option LLC
RaceOption
Makerun Corp.
Countries
IQ Option
Cyprus, Saint Vincent and the Grenadines
RaceOption
Marshall Islands
Regulators
IQ Option
CySEC, SVGFSA
RaceOption
-
Investor Protection
IQ Option
ICF
RaceOption
-
Investor Protection Size
IQ Option
€20 000
RaceOption
-
Publicly Traded
IQ Option
RaceOption
Segregated Accounts
IQ Option
RaceOption
Guaranteed Stop Loss
IQ Option
RaceOption
Negative Balance Protection
IQ Option
RaceOption
Account Types
| Account | IQ Option | RaceOption |
|---|---|---|
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 | Bronze |
| Minimum Deposit | $10 | $250 |
| Option Types | Call/Put, Turbo, Digital Options | High/Low, Turbo, Ladder |
| Minimum Stake | $1 | $1 |
| Payout | from 55% to 95% | from 60% to 95% |
| Expiration Time | from 30 seconds to 30 days | from 5 seconds to 30 days |
Market Maker Account
Account Name
IQ Option
Standard
RaceOption
—
Min Deposit
IQ Option
$10
RaceOption
—
Lot Size
IQ Option
0.01
RaceOption
—
Spread Type
IQ Option
Floating
RaceOption
—
Execution
IQ Option
Market
RaceOption
—
Min Spread
IQ Option
0.5
RaceOption
—
Fee
IQ Option
No
RaceOption
—
Max Leverage
IQ Option
1:500
RaceOption
—
Stop Out
IQ Option
50%
RaceOption
—
Margin Call
IQ Option
100%
RaceOption
—
Additional Features
Demo Account
IQ Option
RaceOption
VIP Account
IQ Option
RaceOption
Swap-Free Account
IQ Option
RaceOption
Copy Trading
IQ Option
RaceOption
VPS
IQ Option
RaceOption
PAMM/MAM Accounts
IQ Option
RaceOption
Binary Options
Account
IQ Option
Binary Options
RaceOption
Bronze
Minimum Deposit
IQ Option
$10
RaceOption
$250
Option Types
IQ Option
Call/Put, Turbo, Digital Options
RaceOption
High/Low, Turbo, Ladder
Minimum Stake
IQ Option
$1
RaceOption
$1
Payout
IQ Option
from 55% to 95%
RaceOption
from 60% to 95%
Expiration Time
IQ Option
from 30 seconds to 30 days
RaceOption
from 5 seconds to 30 days
Funding and Fees
| Feature | IQ Option | RaceOption |
|---|---|---|
Base currencies | USD, EUR, GBP, RUB | USD, EUR, GBP, RUB |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT) | Visa, Mastercard, Perfect Money, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC) |
Inactivity fee | $10 per month after 90 days | $10 per month after 1 month of inactivity |
Interest on margin | ||
Withdrawal fee | $30 on bank wire; other methods free |
Base currencies
IQ Option
USD, EUR, GBP, RUB
RaceOption
USD, EUR, GBP, RUB
Deposit and withdrawal methods
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)
RaceOption
Visa, Mastercard, Perfect Money, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC)
Inactivity fee
IQ Option
$10 per month after 90 days
RaceOption
$10 per month after 1 month of inactivity
Interest on margin
IQ Option
RaceOption
Withdrawal fee
IQ Option
$30 on bank wire; other methods free
RaceOption
Trading Platforms and Conditions
| Feature | IQ Option | RaceOption |
|---|---|---|
Trading Platforms | Quadcode | RaceOption |
Execution Speed | 10 ms | 100 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | average | N/A |
Trading Platforms
IQ Option
Quadcode
RaceOption
RaceOption
Execution Speed
IQ Option
10 ms
RaceOption
100 ms
Scalping
IQ Option
RaceOption
Expert Advisors (EAs)
IQ Option
RaceOption
Depth of Market (DOM)
IQ Option
RaceOption
Spread
IQ Option
average
RaceOption
N/A
Trading Assets
| Asset | IQ Option | RaceOption |
|---|---|---|
Currencies | 63 | 25 |
Indices | 12 | 10 |
Stocks | 379 | 50 |
Cryptocurrencies | 26 | 13 |
Bonds | 0 | 0 |
Metals | 3 | 2 |
Energies | 3 | 4 |
Soft Commodities | 3 | 0 |
ETFs | 22 | 0 |
Currencies
IQ Option
63
RaceOption
25
Indices
IQ Option
12
RaceOption
10
Stocks
IQ Option
379
RaceOption
50
Cryptocurrencies
IQ Option
26
RaceOption
13
Bonds
IQ Option
0
RaceOption
0
Metals
IQ Option
3
RaceOption
2
Energies
IQ Option
3
RaceOption
4
Soft Commodities
IQ Option
3
RaceOption
0
ETFs
IQ Option
22
RaceOption
0
Education and Analytics
| Feature | IQ Option | RaceOption |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
IQ Option
RaceOption
Indicators
IQ Option
RaceOption
Robots
IQ Option
RaceOption
Signals
IQ Option
RaceOption
Autochartist
IQ Option
RaceOption
Expert Analytics
IQ Option
RaceOption
News Feed
IQ Option
RaceOption
Education Articles
IQ Option
RaceOption
Webinars
IQ Option
RaceOption
Seminars
IQ Option
RaceOption
Bonuses
| Bonus | IQ Option | RaceOption |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | — | 100%, up to $2000 |
| Details | — | Learn More |
Welcome Bonus
Is available
IQ Option
RaceOption
Size
IQ Option
—
RaceOption
100%, up to $2000
Details
IQ Option
—
RaceOption
Contests
| Feature | IQ Option | RaceOption |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List |
| — |
| Live Contests | ||
| Is available | ||
| Contests List | — |
|
Demo Contests
Is available
IQ Option
RaceOption
Contests List
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
RaceOption
—
Live Contests
Is available
IQ Option
RaceOption
Contests List
IQ Option
—
RaceOption
- Weekly Trader ContestStart Balance: $10000 · Prize Pool: $10000 · Period: WeeklyLearn More
Customer Support
| Contact | IQ Option | RaceOption |
|---|---|---|
Email | support@iqoption.com | support@raceoption.com |
Phone | +35724257707 | +18299476393 |
YouTube | YouTube | — |
Instagram | ||
Twitter |
Email
IQ Option
RaceOption
Phone
IQ Option
RaceOption
YouTube
IQ Option
RaceOption
—
Which Broker is Better?
After comparing IQ Option and RaceOption, 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.