IQ Option Review
IQ Option broker is unique, they use their own custom build trading platform, for Binary Options, Crypto Currencies, CFD’s on Stocks and Forex. This platform offers speed trading in increments up to 5 min.
IQ Option is a trusted broker, owned and operated by Iqoption, located in Limassol.
IQ Option is a very legitimate Binary Broker, they are registered in a lot of countries, they are fully regulated, have numerous awards and a lot of great reviews, it seems a great option, the major of the traders prefer to choose a licensed broker over an unregulated broker because in nowadays exists a lot of scams on the Internet that you should’ve been aware of. They also have a demo platform that is great for testing, and if you think it’s the best for you, go for it.
IQ Option Platform
IQ Option as we mentioned before, have their own software that they update frequently, they added the Classic and Forex/CFDs Options Trading, that’s why they’re one of the best functional brokers at this moment at online trading.
The range of minimum and maximum trade price can go between $1 and $5000. The trader can place multiple trades with multiple instruments with IQ Option platform.
This is one of the most popular brokers worldwide, traders in Africa have the possibility to get an account in different currencies, including USD, EUR, GBP, RUB, CAD, AUD, Yuan and NZD, they have such a highly developed platform, that all the traders should easily navigate over the trading room.
Their platform is available in Italian, English, German, Spanish, Portuguese, Russian, French, Chinese, Turkish, Swedish, Arabic, Indonesian and Korean Languages, traders can place options based on numerous stocks, commodities, indices, and currencies, in this Broker exists more than 500 underlying assets.
MORE INFORMATION ABOUT IQOPTION
IQ Option Trading Accounts
Beside Demo Account, in IQ Option you can choose two different type of Account, Real Account and VIP Account.
✔️ Real Account – To start trading, you’ll need to deposit a minimum amount of $10 and you’ll get a full access to all the trading services, instruments and have 500 assets available. (Traders have the option to participate in numerous competitions and access numerous trading tools. – The Withdrawals take +/- 24h)
✔️ VIP Account – To have acess to this type of Account you’ll need to make a Minimum deposit of $3000 and traders in return get a variety of useful trading tools and features, such as full access to all information and opportunity to trade with more than 500 assets. (Traders get monthly trading analysis and are able to participate in numerous competitions as well as the Real Account Package. – The Withdrawal process is way quicker than a Real Account)
DEMO Account – You are able to use this Worldwide, free of charge. This version is the same as the Live version and it’s excellent for skill improvement in the trading process. You’re able to practice to be better in the trading world and gain more experience without risking your own money. IQ Option has $10000 virtual founds available that can be used as a “training process” like it was real. If you spend it all, you can “refill” it over and over.
✔️ IQ Option has a mobile application – it works on smartphones and tablets.
✔️ IQ Option has an Educational section, they have a lot of data that is available for all traders, for beginners and professional, there’s a lot of variety of trading strategies to be more successful and also, traders have access to video tutorial section on IQ trading Platform, you can check FAQ for more details.
✔️ IQ Option has always been an innovative broker, the last update to their portfolio was the introduction of cryptocurrencies that are already hit big financial markets, at this moment IQOption is offering to trade with top 7 cryptocurrencies: Bitcoin, Dash, Litecoin, Ethereum, Ripple, Bitcoin Cash, and IOTA.
✔️ IQ Option has available a customer support 24/7, traders with demo account have to do the upgrade to a Real account if wanted to contact the support, and the communication is not by live chat as the majority of the brokers.
Is IQ Option a Scam?
A lot of traders are wondering If IQ Option is a scam, we’re receiving till today no complaints regarding this broker. IQ Option is a licensed regulated broker with a custom and modern proprietary platform with such a reputation that isn’t stained with rumors.
This Binary Broker IQ Option isn’t a scam, they also offer a free demo account that is a good pick for practicing and getting experience with binary trading, and as we mentioned above, you don’t have to make a deposit to open a DEMO account, so you gonna be ok with this broker, there’s no scammer that would allow you to have a free testing version.
Some of the most smarter traders, always take a look at some variety of binary options brokers before going with a specific one, they just find the one who as more returns to their needs. IQ Option is one of the best trustable brokers at this moment and its very cheap to get into it.
If you are already trading with the broker IQ Option, please share your experience with other new investors.