IQ Option

Details

Full Review

The toughest part about online trading is choosing the right broker. Today, there are literally hundreds of choices available for traders, but not all of them are meant for serious investors. While some do not allow traders from specific regions, some are simply scam sites which must be avoided at all costs. But what about IQ Option? Is this broker worth the time and investment?

IQOption was founded in 2012 which means that they have been around for many years now. Since their launch, they have also gained a huge number of investors. IQ Option is a highly regarded broker with strong reputation on the binary options market.

We performed a research on this broker to find out the reasons that make them so trustworthy. Here’s a detailed review on IQOption and why they are among the top brokers in the industry today.

How To Use IQ Option?

A simple sign up process is all that needs to be completed to get started. The choice of assets on their trading platform is also vast which means that investors can diversify their trading strategies and optimize their gains.

Once a live trading account is set up, traders can make use of the various features and trading instruments that are available. Trading with IQ Option is always a pleasant experience because there are many benefits available and they also ensure that traders are presented with maximum opportunities.

No Download Required

There is no need for any software download or installation when trading at IQOption. The entire process is web based. To access the trading account and to execute trades, investors have to log into their accounts. This can be done from any computer or mobile device that is connected to the internet

Review Verdict: IQ Option is Not a Scam

*Risk Warning: Your capital might be at risk.

How To Get Started?

The page for signing up is simple to understand. The form must be filled out and then identity must be verified by clicking on the link that is sent to the email address that was used to complete the process.

Traders must also make a deposit with the broker so that the investment process can be started. The entire process is extremely simple and it can done within a couple of minutes only.

Returns

Trading with IQ Option is a profitable experience. The best part is that their rate of return on assets is pretty high. For standard options, it can go as high as 90%. Short term and turbo options can have higher returns if the trade is successful.

*in case of successful trade

What is the Cost?

There are no costs for using IQOption. The services are free, but the investment process requires a deposit. When a trader opens a new account with this broker, they have to meet the minimum deposit requirement. Traders must note that the amount deposited is for trading purpose and nothing from the account will ever be deducted as fee or charges for the services offered by the broker.

IQOption: Legit or Scam?

After conducting a full investigation, we can say that IQ Option is a regulated broker. They have been doing business for over 4 years now and so far there has not been any serious complaints about them. Their platform is also versatile and offers a great deal of resources for trading.

Review Verdict: IQ Option is Not a Scam

*Risk Warning: Your capital might be at risk.

One more thing that proves that IQ Option is a legit broker is that they have won several awards and prizes from several different impartial organizations. The most important sign is that IQ Option is a regulated binary options broker. They hold licenses from CySEC, FCA, CONSOB, CNMV, BaFin and from many other regulatory bodies and authorities.

Minimum Deposit and Withdrawal

A wide variety of payment options are available including bank transfer, Skrill, MasterCard, Visa, WebMoney, PayPal, Yandex Money, LiqPay, Moneta and QIWI. The same methods can be used for withdrawals as well. The minimum deposit is only $10 and so is the minimum withdrawal.

Account Types – DEMO account!

There are two types of accounts available for traders. Let’s take a look at what these are and what they have to offer.

• Real Account – this trading account can be started with as little as $10. With this account, traders can get access to full range of assets, and also access to all other features and trading instruments.
• VIP Account – the minimum deposit requirement is $3000. Benefits include faster withdrawals, trading competitions and monthly trading analysis.

Good to Know:

With a demo trading account, traders can learn everything about the platform and tools offered by the broker. A demo account can be used as an effective tool for building and improvising strategies.

Trading Platform

It is a proprietary platform that IQOption operates on. It has been developed by a team of professionals to meet the requirements and expectations of real traders. This is the reason they took input from traders when designing the trading platform. The interface is user friendly, offers ease of navigation and is packed with a whole range of special features for enhanced trading.

Customer Support Service

Customer support is available 24 hours a day, 7 days a week. There are different ways to contact the representatives at IQOption. These include web form, telephone and email. The best part is that they support many different languages. Live chat option is not available at the moment, but they may introduce it at a later date.

We found the support team to be very friendly and professional. They are knowledgeable about the industry and the different aspects of trading and this is the reason they are able to provide prompt service when resolving issues or providing answers to trading related questions.

Conclusion

Our final thoughts about IQOption is that they are one of the best binary options brokers available online. They provide the best trading conditions for their customers and so far there are no other brokers in the industry that are capable of matching their payout ratios.

The minimum deposit is also lowest in the industry which makes IQ Option a viable choice for all levels of traders.

 

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.