FXTM
FCA/CySEC
IQ Option
CySEC
FXTM vs IQ Option
Head-to-Head Comparison 2026
Our Verdict
FXTM has a higher rating of 4/5 compared to IQ Option (3.6/5). FXTM offers 7 instrument types, while IQ Option offers 6. IQ Option offers options trading, while the other does not. FXTM has been in the market since 2011, making it the more experienced provider. On spreads, FXTM offers EUR/USD from 1.5 pip (Standard), 0.0 pip (Advantage) + $4.00 per lot round turn, while IQ Option offers EUR/USD from 1.0 pip (CFD); FX options with fixed payout structure.
Comparison Table
| Criteria | FXTM | IQ Option |
|---|---|---|
| Rating | 4/5 (1800 reviews)✓ | 3.6/5 (1950 reviews) |
| Regulation | FCA/CySEC | CySEC |
| Fees | from 0.0 pips (ECN) + $2 commission per lot | from 0.7 pips Forex, multiplier-based CFDs |
| Min. Deposit | 10 $ | 10 $ |
| Instruments | Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs, Metals | CFDs, Forex, Stocks CFDs, Crypto CFDs, Commodities, ETFs CFDs |
| Platforms | MT4, MT5, FXTM Trader App | IQ Option Platform, IQ Option App |
| Options Trading | No | Yes, digital options (EU restricted) |
| Spread (typical) | EUR/USD from 1.5 pip (Standard), 0.0 pip (Advantage) + $4.00 per lot round turn | EUR/USD from 1.0 pip (CFD); FX options with fixed payout structure |
| Inactivity Fee | €5/month after 6 months of inactivity | $10/month after 90 days of inactivity |
| Payout Rate | — | 70–95 % (FX-Optionen, abhängig von Asset und Laufzeit) |
| Founded | 2011 | 2013 |
| Headquarters | London | Limassol |
Detailed Comparison
Fee Comparison
FXTM: from 0.0 pips (ECN) + $2 commission per lot. Minimum deposit: 10 $. Spread: EUR/USD from 1.5 pip (Standard), 0.0 pip (Advantage) + $4.00 per lot round turn. Inactivity fee: €5/month after 6 months of inactivity.
IQ Option: from 0.7 pips Forex, multiplier-based CFDs. Minimum deposit: 10 $. Spread: EUR/USD from 1.0 pip (CFD); FX options with fixed payout structure. Inactivity fee: $10/month after 90 days of inactivity.
Execution Quality
FXTM
No data available
IQ Option
Payout rate: 70–95 % (FX-Optionen, abhängig von Asset und Laufzeit)
Product Range
FXTM (7 categories)
IQ Option (6 categories)
Trading Platforms
FXTM
- MT4
- MT5
- FXTM Trader App
IQ Option
- IQ Option Platform
- IQ Option App
Regulation & Security
FXTM is regulated by FCA/CySEC (HQ: London).
IQ Option is regulated by CySEC (HQ: Limassol).
Who Is It For?
FXTM
Award-winning Forex broker with ECN access and copy trading
✓ FCA and CySEC-regulated with EU investor protection
✓ Very low ECN commissions from $2 per lot
✓ Copy trading via FXTM Invest
✗ Inactivity fee after 6 months
✗ Stock CFDs only on MT5 account
IQ Option
Popular CFD broker with award-winning platform and low entry barrier
✓ Award-winning, intuitive trading platform
✓ Very low minimum deposit of $10
✓ Over 100 million registered users worldwide
✗ No MT4 or MT5 available
✗ Digital options restricted in the EU
Frequently Asked Questions
Is FXTM or IQ Option cheaper?
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Is FXTM or IQ Option better for beginners?
FXTM vs IQ Option: Which broker is better overall?
How do spreads compare between FXTM and IQ Option?
Do FXTM or IQ Option charge an inactivity fee?
IQ Option
Popular CFD broker with award-winning platform and low entry barrier
Open Account →From 10 $ min. deposit