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Regulated Simplest first trade

The gentlest
first trade
in the index.

A ten-dollar account behind the most approachable interface in the index. Its cost is unverified.

$10
Min. deposit
1:30
Max. leverage
300+
Instruments
2013
Founded
Not yet ranked
Cost data not yet verified

We don't link to IQ Option from your region, because it doesn't serve retail clients here through a locally regulated company. You can still read our full review. IQ Option serves EU clients through its CySEC entity. International clients come under its offshore entities.

We don't link to brokers from the US or Canada, because retail CFD trading isn't offered to residents there. You can still read our full review.

We don't link to brokers from your country. You can still read our full review.

Account links appear once we can confirm your region. You can still read our full review. IQ Option serves EU clients through its CySEC entity. International clients come under its offshore entities.

You open directly with the broker — we never take your documents or your money.

The verdict

A ten-dollar minimum and the most approachable platform in the index.

IQ Option’s own terminal is the easiest thing here to pick up, and ten dollars opens a live account. The cost is the open question: its own site quotes spreads from 0.6 with no stated average, so it isn’t cost-ranked here. There’s also no MetaTrader, no API and no raw account to move up to.

How it scores

How the score adds up

Regulation & protection (25%) 26.83
Platforms & range (20%) 3.45
Trading conditions (15%) 58

We couldn't confirm hedging independently, so it gets a neutral score rather than a zero.

We couldn't confirm scalping independently, so it gets a neutral score rather than a zero.

Client outcomes (10%) 30

78.00% of retail accounts lose money — IQBroker Europe Ltd, EU.

This broker isn't in the overall ranking yet: its cost data hasn't cleared our verification bar. Every category above is complete and real. Only the ranking is waiting.

What we'd open it for
Ten dollars and one screen

The simplest route from signup to a first position.

CySEC-regulated for EU clients

ICF cover on the European entity.

What would send us elsewhere
Cost not independently verified

Its own-site spread is a 'from' figure, not a stated average — excluded from our cost ranking.

No MetaTrader

Nothing to migrate a system into.

What it costs

What each account costs you

Standard
Commission
$0/lot
Swap (long/short)
−1.4 / −0.3
Platforms & markets

Where and how you trade

IQ Option proprietary platform only (no MT4/MT5)

IQ Option platform
Forex Stocks Crypto Indices Commodities
50+
FX pairs
15
Indices
180
Share CFDs
8
Commodities
30
Crypto CFDs
—
ETFs
—
Currency indices
Who it suits

Open IQ Option if…

  • You are trying trading for the first time.
  • You want the smallest possible starting balance.
  • You do not run automated strategies.
  • You are in the EU and want CySEC cover.
Licences & protection

Which entity holds your money

Same brand, different legal entity depending on where you sign up — each carries its own regulator and protections.

Where you can open an account: European Union, Everywhere else

EU
IQBroker Europe Ltd
Registration
Licence 247/14
Regulator
CySEC 247/14
GL
IQ Option Ltd
Registration
SVG registered
Regulator
—
Licence summary
CySEC (247/14) for EEA only · international clients via offshore entities (Antigua, Seychelles)
Compensation scheme
EU: ICF up to €20k · GL: none
Full specs

Every number, checked

Max. leverage
Retail up to 1:30 (EEA); up to 1:500 international
EUR/USD spread & commission
No verified typical EUR/USD spread available.
Platforms
IQ Option proprietary platform only (no MT4/MT5)
Mobile
iOS; Android

Specs verified 21 Sep 2026

Good to know

The day-to-day

Support
24/7 chat
Demo account
Unlimited
Withdrawal payout
1–3 business days
Open an account

Ready for IQ Option?

Application, ID check, first deposit. Most people finish in one sitting.

Continue to IQ Option →
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