IQ Option Review

Overview

The IQ Option company has set a goal to create the best solution on the market. Working with the IQ Option traders, you get access to a new and innovative platform for binary options.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

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Details

Broker IQ Option
Website URL www.iqoption.com
Founded 2013
Headquarters 19, Spyros Kyprianou Avenue, Silver House Business Centre, 3rd Floor, 3070 Limassol
Support Number +357 25 262 010
Support Types Online chat, e-mail, calls (Support 24/7, 14 languages)
Trading Platform Self-developed trading platform
Minimum 1st Deposit $10
Minimum Trade Amount $1
Maximum Trade Amount $20 000
Payout Up to 91% *
Leverage 1:1000
Spread from 0, 007 points
Free Demo Account Open Demo
Fees Yes
Fee Info Only for withdrawals via bank transfer (31-93 USD, no minimal amount)
Deposit Methods Visa, Master Card, Wire Transfer, Skrill, Qiwi, WebMoney, Fasapay, Neteller, Boleto
Withdrawal Methods Visa, Master Card, Wire Transfer, Skrill, Qiwi, WebMoney, Fasapay, Neteller, Boleto
Number of Assets 500+
Expiry Times 60 sec, 2 min, 5 min, 10 min, 30 min, 1 Hour, 3 days, 1 week, 1Month
Types of Assets Indices, Commodities, Currency Pairs, Stocks, Forex, Equities, Cryptocurrencies
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 9.8/10

Additional Information

Full Review

*Amount to be credited to account for a successful trade.

The IQ Option broker was founded in 2013 and has become one of the leading binary options brokers. This is due to a number of factors that made the IQ Option a market leader. The advantages include, above all, the following factors: the minimum deposit is just $10 and you get a free demo account, with the help of which you can quickly learn all of the trading nuances. Also, the trading platform is superior in quality and functionality compared to many of the world counterparts, not to mention those in the domestic market. Particular attention is paid to the support of customers, and it’s improving every day, making the service accessible to everyone. All of these qualities make the IQ Option an ideal place for a trader.

«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».

«Digital and binary options are prohibited in EEA».

One of the advantages is that the broker IQ Option follows all regulatory rules to ensure secure trading.

 

Options of the broker IQ Option

The leading broker offers its users profitable trading in foreign currencies on one of the largest and most liquid financial markets – Forex. Cooperation with IQ Option is an excellent opportunity to receive a stable income from Forex trading on the best terms: the trader can count on a large selection of volatile assets, narrow spreads, fast execution of orders, hedging, a free demo account and fast transactions within the system. Additionally, there aren’t any commissions or slippage. Today it’s one of the most ideal conditions for trading on the market.

All the main operations are carried out on a perfect platform, which appears to be the development of the broker IQ Option itself. The platform has made trading a comfortable and convenient process. Here you can change the terminal skins and types of charts, add indicators and graphic elements for advanced technical analysis, use several charts at once, close several trading positions with one button, use the multiplier to increase your earnings, study the history of quotations, adjust stop-loss and take-profit orders.

Download IQ Option mobile app with Google Play

 

Forex trading

The functional terminal IQ Option is available on different devices, including the availability of downloading a mobile application for free, which will provide constant access to the market, regardless of where you are. The highly informative broker’s website will also enable you to improve your skills by studying qualitative teaching materials. Traders can use an economic calendar and online chat. In order to make Forex trading (truth about Forex) with this broker more profitable, users are provided with professional support, including volatility signals, current market news, promotions, newsletters, etc.

The multiplier option for Forex trading will enable you to significantly increase your income by using the borrowed funds that the broker provides to you (by simply opening a position of $100 with a multiplier x10, you will get a profit commensurate with the investment of $1000). So, you can trade in impressive amounts, while having a minimum deposit on your account. It’s possible to increase your trading capital from 1 to 1000 units (х1, х50, х100, х300, х500, х1000). However, it’s worth remembering that the risks associated with such trading are also high. But if you take seriously the capabilities of this tool, it will bring you unlimited profits.

Test the multiplier option

Download IQ Option Forex mobile app with App Store

Risk warning: your capital might be at risk

 

Trading in digital currencies with IQ Option

The broker IQ Option is truly interested in providing its clients with assets. That’s why the broker’s clients have an opportunity to trade in crypto assets, which are currently booming. Following the trends of the time, the broker offers clients and holders of crypto assets a perfect solution – provision of the service necessary for full-fledged trading in digital coins. On the broker’s platform you can freely sell or buy digital currencies and store them in crypto wallets for free.

Working with this organization guarantees exceptional security of information and funds, the stable operation of the platform, and high earnings on trade in the most liquid crypto assets as well as fast withdrawal of money. Investing in cryptocurrencies with the IQ Option broker is legal and safe. Unlike crypto exchanges, working with the broker means dealing with a licensed and well-regulated company, which has a monthly trading volume of more than $11 billion. The broker uses modern security protocols as well as encryption methods to ensure the maximum protection of your capital. All users of the system are offered OTN tokens (Open Trading Network), which are given for trading in crypto assets: the more you trade, the higher your commission, on which the system pays out tokens (are cryptocurrencies a scam?). Further, they can be easily exchanged for OTN-coins, withdrawn to the wallet or sold to earn an income.

The perfect IQ Option platform will enable you to maximize your benefits from trading. You can conveniently trade in digital coins, conduct deep market analysis, study the history of your transactions, etc. Only the best cryptocurrencies are available for investment: Bitcoin, Dash, Ethereum, Bitcoin Cash, TRON, Ethereum Classic, ZCash, Litecoin, Ripple, etc. The system allows the quick purchase of these digital coins in various ways, including bank cards (VISA/mastercard). You can easily withdraw digital assets from the platform. Moreover, the broker provides its users with free crypto wallets to store digital currencies. These wallets are automatically created for each investor. Thanks to the mobile version, crypto trading is available 24/7, at any time you find convenient. In addition, the broker is happy to offer customers high-quality technical support that is capable of resolving issues of any complexity in just 46 seconds, 24/7/365. Without exaggeration, it’s the fastest support service among brokers.

Another advantage of IQ Option is an awesome ability to invest in digital assets using a multiplier, which can increase your earnings by several times using even minor price changes. This tool came to crypto trading from Forex and immediately became popular with users. Thanks to this unique option, you can trade in crypto assets with a minimum deposit and receive unlimited earnings with the help of borrowed funds provided to you by the broker. Leverage (in the case of IQ Option, it’s a multiplier) offers work with positions that exceed the actual balance of your trading account several times. Opening a deal for $100 with x5 leverage, you can earn real income of $500 as if you invested $500. The broker offers to increase the crypto capital for work with the help of the following multipliers: x3, x5 and x10. We note that traders prefer to use high leverage, which gives tangible results from trading in digital assets (2018 cryptocurrency forecast).

Risk warning: your capital might be at risk

Crypto wallet Hodly

You’re welcome to get familiar with Hodly. It’s the perfect way to have your crypto traffic monetized. The broker IQ Option officially released a new convenient crypto wallet called Hodly. Despite the fact that it’s very easy to use, it’s a serious product, which can help traders earn money by investing in crypto assets. Having downloaded a free wallet (App Store, Google Play), you get a safe and powerful tool that will help you to easily monetize the chosen cryptocurrency. You can buy, sell or store digital coins in just a few clicks. The application has a built-in news feed, enabling you to track market trends.

Due to the fact that you can store currency here, you don’t need to look for crypto wallets, pay for transfers, or send digital coins to exchanges to for pay trading. Now all of these functions are available in one reliable solution.

Features of Hodly:

  • Fast deposits, rapid withdrawal of capital on a bank card;
  • Safe storage of funds: both fiat money and crypto assets. In this case, your confidential data is stored not on the device, but on a secure server, completely encrypted;
  • A wide range of crypto assets for trading, the number of which the broker plans to expand;
  • The absence of verification for purchase, sale and receipt of cryptocurrencies; simplified verification for the withdrawal of capital (you only need to upload the passport and the service managers will verify identity in 15 minutes);
  • Live chat with like-minded people and support staff;
  • Bonuses for participants of the system (50% of the net revenue from the commission for each purchase or sale of cryptocurrencies in the wallet).

Download Hodly wallet with Google Play

Download Hodly wallet with App Store

 

CFD trading with IQ Option

Following the latest trends of trading, the IQ Option broker offers its users convenient CFDs, which are available to both Forex traders and those who invest in crypto assets. The peculiarity of CFD trading is that the trader receives an income not based on the purchase of an asset but on fluctuations in its value. At the same time, it doesn’t matter whether the price of this asset increases or falls – the speculator can earn in both cases. Such contracts allow you to trade, but not to acquire an asset; in addition, you don’t need to pay taxes for transactions and you don’t need to deal with documents. You only need to enter into a contract, which specifies the difference in the price of the asset in the event of a transaction being opened/closed. Today CFD-contracts are an advantageous way to receive decent earnings for those who don’t have enough funds to enter the market.

Buying contracts for the difference in the prices of cryptocurrencies, the investor earns on the difference between the current and future prices for Bitcoin. The greater this difference, the higher your profit will be. At the same time, such trading is advantageous for short-term deals. In addition to crypto assets in similar CFD contracts, the broker IQ Option offers trading in shares and fiat currencies. It’s also possible to increase the amount of earnings with the help of a multiplier, enabling you to trade in large amounts of funds and get even greater benefits. Also, when forming trades, a trader can set limits on losses and use market orders.

Risk warning: your capital might be at risk

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions

 

Withdrawals and deposits

A good sign is that the amount you can withdraw is not limited! There are brokers who will not allow you to withdraw all of your profits, if the profit is very large. This fact can cause a lot of trouble and anxiety among traders. The IQ Option not only refrains from doing this, but also processes withdrawal applications quickly, allowing its traders to get their payouts as quickly as possible. Customers receive payments within 1 working day. To withdraw funds, you can use a credit card, wire transfer, Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller, or Boleto.

The IQ Option does not take a commission for financial transactions, but a commission can be withheld by payment systems or a payment aggregator.

 

Complaints about IQ Option

We have searched the Internet for any complaints, and we found some negative reviews, but we thought it was the speculation of competitors; with regard to criticism that was objective, the company has resolved it all in a positive way. In several forums and blogs, we saw customers complaining that they did not receive approval for a withdrawal. But in each case, an official representative of IQ Option responded, and the problem was resolved, as evidenced by the initiators of the complaints. We do not believe this is a cause for concern, because, firstly, all problems have been successfully resolved by the broker, and secondly, the broker has strictly followed the «Terms and Conditions» policy, which outlines its obligations, and has solved all issues in a timely manner.

If we find complaints about IQ Option, we will post it on social media. Follow us to be well informed:

 

Is the IQ Option a scam?

IQ Option is currently one of the most law-abiding brokers in the market. For a long time, IQ Option activity has been regulated by the Center for Regulation of Financial Market Relations, which oversees them.

 

Regulator broker

The IQ Option is a regulated broker. This regulation provides accountability to the brokerage companies, as well as the fact that all customer deposits are compulsorily insured. That is, in case of financial problems with a broker, you can easily get your money back. And this feature also indicates a broker’s reliability.

 

Summary

In general, the IQ Option is one of the leading brokerage firms on the market. The IQ Option won the ShowFX World prestigious award as the «Most Innovative broker in binary options». The award was received at the largest international forum, which is dedicated to modern advances in the Forex market. Looking at the simple and intuitive graph of IQ Option, we can conclude that this is a definite leader compared to popular options such as Keystone, SpotOption and Tradologic. The difference in quality, services and functionality is obvious and visible to the naked eye. The IQ Option is comfortable and nice to trade with.

 

Conclusion

Trading in binary options can either be done with classic or turbo options. The purchase of an option is carried out in just one click. All transactions can be viewed in the section of the site that displays the history of all operations. Once the transaction is completed, a window pops up with the results of the auction. An interesting feature is that you can immediately share your success with your partners and friends in social networks.

The profitability of assets is very high and reaches 92%* of the indicators.

*Amount to be credited to account for a successful trade.

«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».

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