Choose FxPro if you want…
Multi-platform traders who want cTrader alongside MetaTrader, plus broad index/CFD coverage from a CySEC-regulated broker.
We compared FxPro and IQ Option across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. FxPro wins on more criteria (4 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| FxPro | IQ Option | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 3.1 / 5 | FxPro |
| Regulators | CySEC, FCA, FSCA, SCB | CySEC | FxPro |
| Min. deposit | $100 | $10 | IQ Option |
| Spreads from | 0.3 pips (cTrader Raw) | variable (commission-free) | FxPro |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | 1:30 (EU retail) | — |
| Platforms | MT4, MT5, cTrader, FxPro Edge | IQ Option (proprietary) | FxPro |
| Founded | 2006 | 2013 | — |
| HQ | Limassol, Cyprus | Limassol, Cyprus | — |
Multi-platform traders who want cTrader alongside MetaTrader, plus broad index/CFD coverage from a CySEC-regulated broker.
Beginners wanting an ultra-simple, low-deposit CySEC-regulated platform.
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), FxPro wins 4 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
FxPro holds licenses from: CySEC, FCA, FSCA, SCB. IQ Option holds licenses from: CySEC. FxPro has more regulatory licenses, giving it broader geographic coverage.
FxPro spreads start from 0.3 pips (cTrader Raw). IQ Option spreads start from variable (commission-free). Actual spreads vary by account type and market conditions.
FxPro: $100. IQ Option: $10. IQ Option has the lower entry barrier.
General risk warning: CFDs are leveraged products.
CFDs are leveraged. Your capital is at risk.
CFDs are leveraged. Your capital is at risk.
69% of retail accounts lose money.
CFDs are leveraged. Your capital is at risk.
73% of retail accounts lose money.
CFDs and FX Options entail risk of loss.