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Deriv vs IQ Option 2026: which is better?

We compared Deriv and IQ Option on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.

Key differences

Comparison table

Comparison table Deriv Deriv Binary options platform IQ Option IQ Option Binary options platform
Licences CMA, MFSA, Labuan FSA, VFSC, CIMA, FSC (MU), BVI FSC —
Minimum deposit $5 Best $10
Max payout — 95%
Minimum trade $1 $1
Deposit methods Visa / Mastercard, Skrill, Neteller, Crypto, Local bank transfer Bank transfer, Visa / Mastercard, Skrill, Apple Pay, Google Pay, InstaPay, Vodafone Cash
Trading platforms Deriv Trader, Deriv Bot, SmartTrader, Deriv MT5, Deriv cTrader, TradingView, Deriv Exchange, Deriv App Web, Android, iOS, Windows, macOS
Markets Forex, Stocks, Crypto, Commodities & gold, Indices, ETFs Forex, Stocks, Crypto, Commodities & gold, Indices, ETFs
Islamic account ✓ Yes ✓ Yes
Demo account ✓ Yes ✓ Yes
Copy trading ✓ Yes ✓ Yes
Founded 1999 2013
Read the review Read the review

Data is for information only and may change; always check the official website before opening an account.

Add a third broker to the comparison

Choose Deriv if you

  • want to start with less money
  • use TradingView
Full Deriv review

Frequently asked questions

Which is better, Deriv or IQ Option?

We compared Deriv and IQ Option on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. The minimum deposit at Deriv is $5, against $10 at IQ Option. Deriv offers TradingView, which IQ Option does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are Deriv and IQ Option regulated?

Deriv licences: CMA, MFSA, VFSC, CIMA, FSC (MU), BVI FSC, Labuan FSA. IQ Option licences: no verified licences on record.

What is the minimum deposit at Deriv and IQ Option?

Deriv: $5. IQ Option: $10.

Do Deriv and IQ Option offer an Islamic account?

Deriv: Yes. IQ Option: Yes.