CMC Markets vs. IQ Option Comparison

This comparison overview assists customers that have a hard time to pick in between CMC Markets and IQ Option to locate the very best online broker for their trading and investment needs. It analyzes the highlights of the two brokers side by side to assist customers contrast their solution and make an informed choice.

To aid customers select the ideal broker in between CMC Markets and IQ Option to locate the best-suited system, below is a listing of broker’s benefits and drawbacks, followed by a comparison of their major trading attributes, including trading systems & devices, costs, mobile trading, deposit & withdrawal, possessions, policy, and consumer assistance.

CMC Markets vs. IQ Option: Summary

CMC Markets logo

CMC Markets is a UK based online broker founded in 1989. It is regulated by three tier-one regulators including the FCA, ASIC and CIRO. Users can trade on over 12.500 tradable instruments including shares, forex and CFDs.

CMC Markets proprietary trading platform called Next Generation offers various advanced trading tools, an extensive education section and reliable trade execution.

CMC Markets charges low forex spreads from 0.7 pips (EUR/USD) and 0% commission. Additional bonuses and rebates for active traders makes CMC Markets a low cost broker.

CMC’s customer service is available by phone, email and live chat only 24/5 (from Sunday to Friday night).

IQ Option logo

IQ Option is a well established online broker great for users looking to trade forex, options and CFDs on a intuitive trading platform. Their well rounded offer consists of low spreads, a sophisticated trading platform, free demo account option, and responsive customer support in English language. They offer islamic accounts and copy trading in Arabic language which allows you to copy portfolios from seasoned investors and traders.

IQ Option is a trustworthy and reliable market maker broker and subject to the highest standards of regulation in the industry. Options trading is no longer available.

“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”
General Risk Warning: “The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose”

Pros

  • Low minimum deposit ($0)
  • Low average spreads from 0.73 pips EUR/USD
  • Fast and reliable trade execution
  • Great research tools and educational materials
  • Bonus and rebate program

Cons

  • High stock trading fees
  • Customer service availability is limited (24/5)

Pros

  • Multi-chart platform layout with technical analysis
  • Fast trade execution
  • 24/7 customer support in Arabic and English
  • Free demo account with $10.000 virtual money
  • Leverage of up to 1:1000

Cons

  • Trading fees are above industry average
  • Inactivity fee $10/90days

Key features

  • Competitive forex spreads
  • MT4 Compatibility
  • Access to 338 forex pairs and 9,000 shares
  • Comprehensive market research tools
  • Beginners and advanced trading features
  • Competitive pricing

Key features

  • Access to a wide variety of markets
  • Great research and education tools
  • User friendly platform
  • $10 minimum deposit and $1 minimum trade requirement
  • Access to 3000+ tradable symbols

CMC Markets vs. IQ Option Comparison

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CMC Markets logo

CMC Markets

Open account Read review

65% of retail CFD accounts lose money

IQ option

IQ Option

Open account Read review

“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”

BROKER COMPARISON

CMC Markets logo
IQ option

Overall rating

4,0/5

2,8/5

Overall rating

4,0/5

2,8/5

Trading Platform & Tools

4.2

3.1

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 500:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.7

3.3

See details
Withdrawal Fee 0 0 (*currency conversion fee might apply)
Deposit Fee 0
Inactivity Fee
Cost Per Trade 0 0
Cost Per Month £10 10 EUR
Forex (EUR/USD) 0.7 pips 4.7pip
Stocks & ETF 0 0.48pip
CFD (Gold) 3.4 pips 4.8pip
Crypto 0 127.14pip
Options 0 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

5.0

3.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

1.9

3.8

See details
Minimum deposit (in UAE) 0 $10
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.2

2.0

See details
Shares 0 Over 180
ETF & Funds 0 0
Crypto 0 19
Commodities 0 9
Indices 0 9
Options 0 Over 40
Futures 0 0
Bonds 0 0
Forex Instruments 330 Over 30
CFD Indices & Funds 98 Over 20
CFD Stocks 9500 OVer 180
CFD Commodities 100 9
CFD Crypto 0 19
CFD Bonds 50 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

1.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

1.4

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

CMC Markets vs. IQ Option Comparison Conclusion

The results of our comparison of CMC Markets vs. IQ Option are involved the table below.

Broker:Best For:
CMC MarketsForex and CFDs
IQ OptionTraders at all levels, from beginner to advanced

Selecting the right choice in between CMC Markets and IQ Option can be challenging. Both on the internet brokers have resemblances but differ concerning trading tools, systems & apps, guideline, deposit & withdrawals, and research and education. Picking the most effective broker relies on individuals’ trading & investment goals, individual choices, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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