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Iq option is real option or binary option. At the same time there is still much of what they could do in the future Oct 02, 2017 IQ Option Trading Accounts. FX Options are available iq option is real option or binary option in regulated markets inside the European Union. You must be aware of the risks and be willing to accept them in order to invest in the stock, binary or futures markets robot trading forex and all binary options iq option robot auto trading and robot signal, indicator strategy and candlestick pattern analysis, Fxxtool 1.
0 Robot Master Signal Iq. real account trading. IQ Option binary trades always have a fixed return which is calculated as a percentage of the trade investment IQ Option is one of the only brokers that offer a product called FX Options. They are now offering an expanded version of a trading type for all types of a trader and they are Forex, Options Binary, Digital, and FX OptionsCFD and Cryptocurrency IQ iq option is real option or binary option Option goes in the category of binary options which are definitely worth checking in with regularly as they look to be rapidly developing new features.
Open Free Account Conclusion Binary Options vs Forex. In this article, we will be discussing the concept and dangers of binary options trading. A binary option is similar to a normal vanilla option where the. Jul 29, 2020 Binary options brokers in kenya July 27, 2020. We saw a iq option is real option or binary option few years ago that IQ option wanted to ride the wave of binary robots with their IQ Option Robot but it. I tried hard to distinguish the most important and real IQ option complaints from the comments that the angry and the frustrated traders left Oct 26, 2017 Instead, IQ Option stands out by showing you real awards most reliable broker, most innovative broker, best binary options broker or reviews from other trustworthy websites in the industry like FinanceMagnates.
Real Time Binary Options Signals. Consumers may feel protected against internet scams with an adequate amount of research; however, this program could pose a threat to your well-being and financial security for. 7 10People also askWhat is IQ Option. July 21, 2020 Jul 18, 2018 IQ Option uses its own trading platform, a fresh iqoption gale from the SpotOption platform which is used by almost all the major broker sites, including Banc de Binary, and GOptions. Binary Options brokers are Scammers because they devour on using people who don t understand trading but gambling instead IQ Option offers binary option and digital option for currency pairs and commodities.
Available Assets4. kn is-iq-option-binary-option-realIs Iq Option Binary Option Real Demo This is is iq option binary option real a virtual account offered free of charge for newbies to get acquainted with binary options. To start binary options trading process, traders have to deposit minimum amount of 10 and get a full access to all trading instruments and services The IQ Option trading platform does not work with any 3rd party binary options robot and not even the best binary robots can compare themselves with IQoption.
That is, whether the price will be higher or lower than the strike price at trade expiry If you anticipate that the option will expire when the price is higher than this, all you need to do is enter a higher position. An especially good choice for novice traders, this broker offers incredibly low minimum deposits as well as some excellent educational iq option is real option or binary option resources and the opportunity to experiment with the platform thanks to a free of charge demo account IQ Option Signals are Binary Options signals with an expiration time of 30 minutes or 5 minutes, that are sent by Telegram, millonarios por opciones binarias email, or android app.
Binary Options - Scam or Real. We consider all the changes as the step forward and the opportunity for the new to come. Apr 20, 2020 Trading Assets. Binary option vs iq option IQ Option is a rapidly growing online binary options broker that offers many excellent features for its clients. com is certainly more enjoyable than IQ Option pocket wise. Originally Answered Is IQ Option a real, trustworthy and honest broker in binary options trading. IQ Option is one of the leading brokers in the iq option is real option or binary option binary options marketplace.
During the last few years IQ Option brand has quickly transformed into a iq option is real option or binary option user friendly all-in-one trading platform for novice traders IQ Option Ltd, also known as iqoption, is one of the established binary options brokers in the industry. Unlike some competitor sites, the possibility of inadvertently setting the wrong investment is not possible Feb 08, 2015 It includes an introduction to binary options and all the basic information a beginner should know, like methods of market analysis, money management and so on.
Binary option trading on margin involves high risk, and is not suitable for all investors May 07, 2020 IQ Options bradn has been founded in 2013. Jul 28, 2020 The registration process at IQ Options is quite easy. IQ Option Full Review - Best Binary iq option is real option or binary option Option Robot Make. IQOption will be of interest to both newer and iq option is real option or binary option more experienced traders who want to try.
In any case, IQ Option has other products besides binary options, we are well prepared for any new regulations and restrictions as these do not strike us as a surprise. In this country of Africa there is a large group of traders that operate their investment products through CFD contracts for difference. Yes, the investment website IQ Option can be used in Kenya quickly and safely. The cities with the largest number of investors are Nairobi and Mombasa.
From this country, the platform operates with full operation with options in its range of investment products. As a point to highlight are its interactive graphics and its training section. The operation of IQ Option Kenya is very simple. The way of operating is done by selecting the value to be negotiated, the amount to be invested and the address of the same. There addresses are to go up or down. Once the operations are marked, wait for the time periods that can be 1 minute, 5 minutes or 15 minutes to end.
Once that time has passed we will have the operation in success or error. Many of the internauts stand out especially on the web the easy handling of their products. It is also remarkable the ease of registration and the possibility of spending on the demo account for an unlimited time. What do other traders think of the binary options.
It should be noted that a high percentage of users who invest in this type of platform lose the capital invested. Regarding the technical part, most opinions highlight ease of use. Also its facility to operate through CFD with hundreds of different values with option. In it we can check our percentage of successes and errors. It is also important to know the opinion of other traders of IQ Option recommending to spend some time in the practice account.
Once we have a high success rate is when we can change to the real account and start negotiating with different leverages. Registering with IQ Option is very simple. The three steps can be done in three minutes if you have prepared the documentation in advance. Is it easy to register on the IQ Option with binary options. First of all, as in any other service platform, we have to complete the registration form.
This step is fundamental for the care of our security on the internet. Then we have to upload the documents that prove our identity. And the third is to confirm our email, step of all normality. IQ Option Kenya All you should know. To learn more about the trading conditions which IQ Option has for traders from Kenya please read the following article for whom it is dedicated.
IQ Option does accept traders from Kenya, so if you are based in this country, you can trade with IQ Option. Not based in Kenya. IQ Option Kenya Overview of the trading conditions. Now when we have established that IQ Option welcomes traders from Kenya, let s talk about the trading conditions this broker has prepared for them. Or you can open a real account, the IQ Option minimum deposit is in Kenya 10 or equivalent in other currency and the minimum investment is set at 1.
IQ Option Deposit and withdrawals methods supported in Kenya. If you are based in Kenya and you use an e-wallet to fund your account, it will take only a couple of seconds for funds to appear in your real account the same goes for e-wallet withdrawals. However, IQ Option deposits and withdrawal methods in Kenya are extended by these funding methods Advcash, Perfect Money, MPesa and other mobile money systems.
Available leverage for traders from Kenya. As mentioned before, traders from Kenya can trade on the IQ platform binary and digital options with a profit of up to 900 in case of a successful trade and CFDs on forex, stocks, commodities, ETFs, cryptocurrencies and indices. Here is a table of maximum leverage that is available exclusively to traders from Kenya.
At this moment our best Forex broker in Kenya is AvaTrade. If you are browsing for an alternative to IQ Option you should start there. To each of the top brokers available for you, see our list Forex Trading Kenya. 1 Alternative in Kenya for IQ Option. If you wish to visit IQ Option anyway, www. 2 Rated Best Kenya Broker. 3 Rated Best Kenya Broker. iq option company information iq option is a new binary options broker that more.
Overview Review Screenshots Pros Visitor Reviews. In this iq option review we will look at the pros, cons and features of iq option. com Founded 2013 Headquarters Vasileos Pavlou, 60, Agios Dometios, 2360, Nicosia, Cyprus Support Number London iqoption gale 20 3318 7173Canberra 61 2 6176 1808Singapore 65 3108 0941 Support Types Phone, email email protectedLive chat, using form on website Languages English, Arabic, Indonesian, Italian, Portuguese, Polish, Turkish, Chinese, Spanish, German, Korean, French, Swedish, Norwegian, Danish Trading Platform IQ Option has designed it s own proprietary trading platform Minimum 1st Deposit 10 Minimum Account Size 10 Minimum Trade Amount 1 Maximum Trade Amount ,1000 Bonus 20-100 up to 10,000 Payout 92 Leverage up to 1 30 Spread N A Free Demo Account Open Demo Regulated Regulation As a regulated broker under CySEC, this means that IQ Option is also a MiFID compliant broker.
Fees Fee Info IQ Option doesn t charge any fees as they pay out in Commissions Commission Info IQ Option doesn t charge any commissions as they pay out in Account Types Demo, Real, VIP Deposit Methods Wire transfer, creditcard, Skrill, CashU, Webmoney, Polipayments, Qiwi Wallet, LIqpay. com, EasyPay, TeleMoney, ВТБ24, HandyBank, MTC, Евросеть, Pinpay Express Withdrawal Methods Wire transfer, creditcard, Skrill, CashU, Webmoney, Polipayments, Qiwi Wallet, LIqpay.
com, EasyPay, TeleMoney, ВТБ24, HandyBank, MTC, Евросеть, Pinpay Express Number of Assets 75 Expiry Times 1 minute, 5 minutes, 15 minutes, 1 hour, 1 day Types of Assets Commodities, Forex, Indices, stock Option Types higher lower options, binary options, Digital Options, one touch options, ladder options Account Currency You can fund your account with any currency available. US Traders Allowed Mobile Trading Overall Score 10. iq option company information. iq option is a new binary options broker that specializes in offering binary options worldwide with its main focus on Russia.
The iq option website is available in English, Arabic and Russian. Everyone can signup for a iq option binary option trading account including traders from the United States. The company behind iq option is Infield Premier Limited established in 2013 based in Nicosia, Cyprus. iq option website and user interface. The iq option website is the most graphical advanced one of all binary option brokers worldwide and has a very modern, sleek look.
The iq option trading platform is designed in-house and might be a bit difficult to understand at first glance but when you are familiar with it, you will understand the pros of this binary option trading platform. iq option offers an unlimited demo account where binary option traders can practice different trading strategies and become familiar with the platform. Traders can trade binary options within a minute on iq option. The signup or registration form only asks for your name, surname, phone number and email address.
It s also possible to just login with Facebook. This is very easy compared to most binary option brokers which sometimes require up to three pages of information. No copy of ID and or proof of residency is required to open an account at iq option. To practice for free on the available demo account no first deposit is required and you don t have to contact customer support either which is the case by most other binary option brokers.
Next to the link to open a real money account on the iq option website, you will find the create demo account button. If you already know you want a iq option demo account you could also just use our direct demo opening link. If you want to trade with real money on iq option, the minimum required deposit is the lowest of all binary option brokers online, just 10 or other currency. There are no hidden deposit or withdrawal fees on iq option. Register for free and get a 100,000 demo account.
iq option binary trading platform. When you open the iq option binary trading platform for the first time, it might look a bit overwhelming. In the upper left of the user interface you will find a tab system. There is only one type of option to begin with, the classic or normal higher lower binary option. The tabs have nothing to do with the switching of different option types. Traders can click on new option to open a second option whilst the first is still open or about to be opened. Underneath the tab system you find a big button to choose your desired asset.
traders can search for a specific stock, commodity, forexpair or navigate to bitcoin trading and set a desired expiry rate afterwards. The short term binary options available on iq option have expiry rates of 1,2 and 3 minutes. Iq option is therefor suitable for short term binary option traders. Under the assets button traders can choose an amount to invest in one or multiple binary option s. The advantage of trading binary options using iq option compared to other binary option brokers is that you can invest from 1 per option instead of 5, 10 or even 25 at other binary option brokers.
Now there is another unique feature on iq option, a Return Percent bar. With this bar you can set your risk, if the trade goes wrong you will receive a percentage cashback set to your desires accordingly. This Return Percent bar can be set all the way up to 60 cashback. Payouts can be up to 93 if you set the bar on 0 and weaken to about 62 if you decide to cover your exposure and thus risk to the maximum. Another convenient tool is the red green bar that shows the expected chance you will make a profit under the Risk Percent bar.
This being said iq option is a very interesting binary option broker with 64 different assets to trade binary options on including bitcoin. Unfortunately iq option doesn t offer futures. If you want to trade futures anyoption or TopOption might be a more suitable binary option broker for you. Another small con is that iq option doesn t offer trading tools like early close, double up and roll over. However, with short-term expiry rates between 60 and 180 seconds this is not really necessary.
iq option has recently added a education sector to their website and publishes new binary option trading strategies and trading signals weekly. iq option has designed a very sleek and modern app accessible on both Android and iOS smartphones and tablets. However, on financial forums I have read that some binary option traders experience a small lag when trading on their tablets and or smartphones.
iq option bonus and promotions. iq option offers a very minimal bonus on first deposits of new binary option traders. This is very good. On tablet the iq option option trading platform looks very nice and matches the size of your tablet. You might think if I deposit 10, I wanna start with 20 but then you will like at most binary option brokers not be able to withdraw your funds until the bonus is cleared or played through.
As a VIP first deposit above 1000 you can set your bonus percentage yourself. From 20 for inexperienced binary option traders, up to 100 for seasoned binary option gurus. Most experienced binary option traders will opt for the highest possible bonus of 100 because they know if they deposit 5000 they will play the bonus through anyway with funds they might later deposit extra.
iq option tournaments and contests. From time to time iq option organizes trading competitions and contest where traders can participate in freely or with a certain buy-in. All trading competitions are free to attend for VIP account holders. The free to participate contest have small prize pools between 250 and 1000 whilst the buy-in required ones have huge payouts from 50,000 all the way up to 100,000. Nice extra whilst your trading binary options and you re good at it.
Mainly because of this reason iq option tries to be different than most binary option brokers by offering a minimal bonus of just 20 upon your first deposit, with low play through requirements. On iq option traders can trade 24 7 in binary options, even during holidays, an extremely unique feature of iq option compared to other binary option brokers. iq option 24 7 trading in binary options even during holidays.
In holidays binary option traders trade each other instead of the regular market. iq option personal account manager. From a minimum required first deposit of 1000 the VIP account minimum traders will be assigned a personal account manager that educates you in the successful trading of binary options. Together with your account manager you will learn bank roll management according to your budget and several risk hedging strategies. iq option reliability. iq option is a fairly new binary option platform but already very different and unique compared to it s competitors.
Therefor we encourage to comment feedback on this broker as soon as possible. iq option is regulated by CySEC in Cyprus and is fully licensed. Also on forums and financial review websites there are no real complaints. iq option has no known scam history and can therefor be trusted as a binary option broker for the time being. iq option has pros and cons. We talked about those in our extended iq option review. The lack of long term binary options and a few important assets are cons. On the other hand, the extremely low minimum first deposit required of just ten bucks and the wide range of deposit and withdrawal methods is very competitive compared to other binary option brokers.
As a matter of fact there is no other binary option broker with such a low minimum required deposit as most other binary option brokers have 50, 100 or even 250 as minimum required deposit. iq option might add long term options in the near future and or extra trading tools, which will make it one of the best binary option brokers available worldwide.
With an unlimited demo or virtual money account people new to online binary trading could practice for weeks or even months before making a deposit. For now we can t say anything bad about this broker and with a minimum required deposit of just a tenner definitely worth trying. Low minimum deposit of only 10 Minimum investment per option only 1 Highest payouts in industry up to 92 on standard options.
There is no review. IQ Option Review A Trusted Platform With Lucrative Offerings. Desktop, WebTrader, Mobile. In a world of online trading, IQ Option has cemented itself as one of the most trusted and reliable platforms to trade with. Being on the market for 7 years already, the broker has gained a lot of fame and acclaim in the industry. One of the biggest advantages of IQ Iqoption gale is that it has a sound and stable license from CySEC, Cyprus main regulatory institution.
With this license, the broker automatically adheres to the financial standards and guidelines that regulate the EU market. With such regulatory oversight, IQ Option manages to offer over 250 different instruments with very impressive terms and conditions. In the following review of IQ Option Forex broker, our team will cover every little detail that you need to know about this broker.
These conditions are additionally coupled with lucrative bonuses that regularly occur on the platform. We will leave no stones unturned and offer you our honest take on IQ Option s trading platform. The company in a nutshell. The first entry in our in-depth review is going to be IQ Option s historical background and current market influence.
As noted in the introduction, the company was established back in 2013 in Cyprus. The company headquarters is located in the following address. According to this years data, the broker brings together almost 50 million registered users, amassed 290 million in monthly traded volume, and a customer support team with around 80 professionals. As of today, IQ Option owns one of the largest trading platforms on the market. Publicity is one of IQ Option s strong suits; when searching for any kind of negative coverage on the internet, we only found positive publicity from mainstream publishers.
Furthermore, they explicitly point out that in a world of binary options trading which is characterized by an abundance of scams, IQ Option manages to keep things clean and trustworthy. Top-notch safety measures at IQ Option. With that being said, our IQ Option review already shows that this is a highly-trustworthy brokerage and your money is safely kept with it.
Safety is arguably the most important reviewing aspect in this review. Regardless of how impressive the offered terms and conditions are, if the broker doesn t comply with strict financial guidelines, its platform is pretty much unsafe. Thankfully, that s definitely not the case with IQ Option. As our team has discovered, the broker has a license from Cyprus main regulatory institution. Now, there s this misconception that the financial license from the Cyprus Securities and Exchange Commission is a facade that lots of Forex brokers use.
Under its guise, these brokers presumably manage to cover their activities and earnings. However, one of the aspects to realize with this license is that it still operates in the European Union. And if there s one thing certain about this organization is that all EU-members adhere to strict rules and guidelines. The regulatory oversight of the CySEC our main discovery during this IQ Option Forex broker review, as well as the Markets in Financial Instruments Directive MiFIDensure that when you do sign up at IQ Option, your money is in safe hands of the most sophisticated institution.
Besides, an unregulated broker wouldn t have garnered such vast attention from prestigious awards. For instance, IQ Option has been a recipient of the 2017 Award of Excellence, the Best Binary Options Broker, and the Century International Quality Gold ERA Award. In short, IQ Option once again proves to be a broker you can trust. Protecting your funds.
Now, having a CySEC license, or just about any credible license for that matter, isn t merely a proof that IQ Options is a trustworthy brokerage. It also brings along a cascade of fund protection mechanisms and schemes. One of the most fundamental mechanisms is called negative balance protection. When you use the margin account to leverage a higher trading capital, you inadvertently increase the risk of higher losses.
And in just a split second, your account can easily go into the negative balance and compel you to pay for losses. With negative balance protection, IQ Option makes sure that whenever you reach 0 on your account, a trade will automatically close. As this IQ Option broker review reveals, you can be sure that the broker will never benefit from your misfortunes. The next protection mechanism to have your funds securely stored at IQ Option is fund segregation policy.
When you register at the platform and make a deposit of any sum, your money will be stored on a segregated account. Additionally, there are other risk management strategies like stop orders that also enhance your profitability and fund safety. This way, it ll be safe in the case of financial instability within the company, and IQ Option won t use it to pay to its clients.
We ll discuss these features by the end of this review. Which assets can you trade at IQ Option. Moving on, we will take a closer look at which financial instruments are available at IQ Option to trade. As we have discovered, the broker offers over 250 different assets from six different symbol classes. Options Forex pairs Stocks Cryptocurrencies Commodities ETFs. An abundance of tradable instruments means that you can trade a bunch of different assets simultaneously and have a diversified portfolio for better iqoption gale.
Digital Binary options. As we have discovered during this IQ Option review, and as the name of the broker suggests, the main trading instrument here is options. Basically, if you trade options, be it digital or binary, you re not actually owning or buying an asset or its contract; you re merely saying that if its price moves in this direction and stays there by the expiration time, you ll get the profit.
But what is the essence of these instruments anyway. For digital options, you indicate the extent to which the price will change, and if it actually happens that way, you ll come out with a potentially huge profit. And with binary options, you re merely speculating whether the price will go in a certain direction. Either way, 54 individual options available at IQ Option offer very lucrative conditions promising profits up to 900 profits, 0 brokerage fees, and 1 minimum investment.
For digital options, the expiration time varies between 60 sec 15 min, whereas for binary options, that time revolves around 60 sec end of the month. Another primary trading asset class found during our review of IQ Option Forex broker is currencies. With a minimum investment of 1 and the maximum leverage of 1 1000, 58 different currency pairs are set to make you more profitable on the market. Another great advantage of IQ Option s currency pairs is that there are no swap charges for overnight trades at least for the newly-added currenciesand spreads for the EUR USD pair go as low as 0.
Next up, let s talk about IQ Option s stock assets. Now, it s worth noting that this is not a broker that primarily focuses on stock trading, which is why we didn t see thousands of individual company shares on its platform. However, there s still a decent number of stocks 185 in total. These assets include financial papers of Apple, Facebook, Tesla, Amazon, and many corporate giants. The minimum investment requirement here is the same 1, whereas the maximum leverage goes up to 1 20.
That s why it is all the more appreciated to see a broker that delivers the top-notch options trading experience. Another great addition to IQ Option is crypto assets. During our review, we came across 24 different digital assets that include Bitcoin, Tron, ZCash, and many more. It s impressive to note that the maximum leverage for these assets goes up to 1 100, whereas other brokers max out at 1 5 at the most.
Commodities are by far the most limited asset class found during our IQ Option broker review. It includes 4 resources Crude Oil WTI, Crude Oil Brent, Gold, and Silver. But as the recent history shows, the majority of options brokers turn out to be scammers, while the majority of options traders scammed. And the maximum leverage is 1 50. Finally, there are Exchange-Traded Funds ETFs that cover some of the most popular indices, including the S P 500 ETF, Dow Jones Industrial Average ETF, and Gold Miners ETF.
Just like with stocks, leverage for ETFs goes as high as 1 20, which is still a lot. Commission levels review of IQ Option Forex broker. After covering IQ Option s trading instruments and their leverage offerings, it s time to move on to the commission levels that they re accompanied with. As a credible and responsible trading brokerage, IQ Option has a decent commission scheme that manages to cover all of its services, yet remain on a reasonable level.
In this section, we will talk about both trade-related and non-trading fees and determine, whether they re acceptable for IQ Option s clients. When discussing trading fees, it is important to note that IQ Option tries to eliminate charges that aren t necessary for the maintenance of its platform. For that reason, there are no account creation fees at all. Currency fees. The primary source of income found during this IQ Option Forex broker review are spreads.
And with currency pairs, bid ask spreads go as low as 0. 7 for EUR USD. As you can see, these are very acceptable spread charges for a broker that mainly depends on these commission types. The same thing is true for stocks. IQ Option doesn t charge any other commissions other than bid ask spreads. And these can go as low as 0. Cryptocurrency fees. Some of the highest spread quotes we found were for crypto assets.
Additionally, there s the maintenance fee for crypto positions that depend on the period during which the position is held open. 25 18 months 2. Commodity fees. If you choose one of four commodities to trade at IQ Option, you re going to get pretty acceptable spread quotes. Crude Oil WTI 0. These usually went way over 4but it s crucial to point out that digital instruments are always pretty expensive to trade. 154 Crude Oil Brent 0.
150 Silver 0. Finally, there are 24 different Exchange-Traded Funds whose only commissions come in spreads. These usually revolve around 0. As for options, IQ Options charges no commissions whatsoever. Fees on overnight trades. The next important source of any brokerage is a swap, and it s not an exception for this broker, according to our IQ Option review. Swaps occur when you decide to leave a trade open on the current day and roll it over to the next one.
In those cases, the difference in interest rates is paid by or to traders in a form swaps. Because the interest rates are different for the two assets in one pair, there will be a time when either you or a broker will be in a disadvantageous situation during long-term trades. Now, as we have discovered during our review, almost all instruments are charged a certain size of swaps.
However, there is a small set of assets that you can trade swap-free. For instance, we have already mentioned above that a small number of Forex pairs, as well as digital binary options, are swap-free, meaning you can place overnight trades and evade interest rate fees that usually come with such positions. After trade-related commissions, it s time to talk about non-trading fees. First off, deposits and withdrawals. As IQ Option points out in the General Fees section of the website, there are absolutely no commission charges for deposits.
But with withdrawals, our review of IQ Option Forex broker reveals that there s a slight commission charge applied to these transactions. For example, every fourth withdrawal every month will be charged a fixed 2 fee. Plus, if a client deposits money and tries to withdraw the entire sum of it or 80 of it without having placed a single trade, IQ Option reserves the right to charge a commission that is equivalent to the commission the broker paid for facilitating the original deposits.
Next up, there s the dormant account fee that applies to the accounts that have been inactive for a long time. According to IQ Options itself, an account that has been inactive for 90 days straight will be charged with a certain amount of commission from the broker. This applies to the cases when a client doesn t provide verification documents within 15 days from their first deposit. Apart from that, there s the account closure fee that occurs if the broker closes its client s account.
Bonuses at IQ Option for better customer experience. As they say, no broker is complete without their bonus promotions. And while this statement isn t necessarily true, it s still nice to find one or two bonuses that take trading with this broker to the next level. As discovered during our IQ Option broker review, the broker constantly features high-end promotions and tournaments on its platform. At the time of writing this review, our team found three different promotions.
IQ Launch Summertime Perfect Trade. However, if there are insufficient funds on the account and it s been already 12 months of inactivity, IQ Option maintains the right to charge lower commissions and close down the account. These tournaments have quite impressive prize pools, as well as affordable entry fees. For the IQ Launch, the maximum prize pool is 10,000, while the entry fee is 4. With a 20 entry fee, you can participate in the Summertime tournament and compete for a prize pool of 50,000.
Trading accounts available at IQ Option. And finally, there s the Perfect Trade promo that offers a 20,000 prize pool for just a 4 entry fee. And as our team has discovered, the broker offers two live trading accounts, one Islamic, and one demo account to its clients from different areas or different experience levels. After a complex overview of the broker s trading terms and conditions, it is now time to discuss all of the IQ Option s trading accounts. Now, before we dive deeper into this IQ Option Forex broker review of its accounts, it is important to note that the two live accounts, Standard and VIP, are very similar to one another in terms of their actual trading numbers and conditions.
That s why we re only going to list the specifications of a Standard account here. Spreads Variable from 0. 4 pip Commission 0 Max. Leverage 1 1000 Tradable assets All 6 of them Execution Type Market Automated Trading Supported Platforms WebTrader Windows macOSMobile Trader. If you go for a VIP account at IQ Option, you will get a set of privileges that aren t available for other account holders.
For instance, the VIP account increases your profitability, gives you support for 24 7, and delivers some of the most complex training materials that we ll cover in the upcoming chapter of this review. Other than the two above-mentioned live account types, IQ Option also allows its Muslim clients to get an Islamic account and trade with more advantages. As our reader may already know, Islamic law is against charging an interest rate on anything, which is why overnight trades would practically be inaccessible for Muslim traders.
However, as our IQ Option review indicates, those traders can still engage in overnight trading by opting for an Islamic account. The moment they prove their faith, the broker allows them to trade swap-free, and also get some other benefits, such as have a part of their profits donated to charitable organizations commission-free. Last, but certainly not least, there s a demo account that lets you trade virtually and improve your trading expertise. According to IQ Option s description, a demo account has a refillable balance of 10,000.
Basically, this account gives you the exact same trading terms and conditions that you get with a Standard account. One big difference is that you don t deposit or withdraw money and anything happens virtually although the market conditions are real. Opening an account at IQ Option. After discovering all of the available accounts of IQ Option, it s now time to talk about what it actually takes to register for one of them. As our team has discovered, the sign-up process is pretty simple and doesn t burden you with many required steps.
First off, you need to hit an orange Sign Up button at the very top-right corner of the page. Then you ll see a window pop up where you fill in your personal details like the full name, email address, and preferred password. After you press the open an account for free button, the broker will send you a verification link to your mailbox. As our review of IQ Option Forex broker shows, this is the final step that you take before your free demo account is created. Now, if you are planning to turn it into a live account, you will have to provide some basic KYC details like your annual income, current employment status, trading goals, etc.
Additionally, the broker will ask some sort of identification document to verify your identity, be it a photocopy of your national ID, driver s license, or a passport. Beware that if you fail to verify your identity within 15 days of creating your live account, IQ Option will charge an additional commission, as noted earlier. During our review of the registration process, our team has revealed that the broker isn t too demanding and doesn t require an awful lot of documentation.
And the ones that are actually required will help both the broker and yourself in ensuring that your money is stored safely. Countries that are supported by IQ Option. One of the great advantages of IQ Option we found is that the broker fully lists all of the countries that it operates in. Our IQ Option Forex broker review of the website lists all of 213 countries where traders can use the broker s services and products.
And in order to avoid a fuss that s associated with listing so many individual elements, IQ Option categorizes the countries in alphabetical order, which is yet another clever move. We have hardly seen a brokerage do that, which is why we were positively impressed. Now, even in such an abundance of supported countries, there are still some nations that fall beyond IQ Option s reach.
As we have counted, there are 15 countries that aren t supported by IQ Option. USA Australia Belgium Canada Iran Israel Japan Latvia North Korea Pakistan Palestine Russia Sudan Syria Turkey. For one reason or another, these countries didn t make in the list of supported countries. And we can understand why that would be some of them are very strict on trading brokerages, some of them outright banish them, and so on and so forth.
In short, we re much more impressed by hundreds of supported countries than disappointed by 15 unsupported ones. Trading platforms available at IQ Option. The next important discussion point in this IQ Option broker review will be its trading platforms. A decent trading platform the one that is full of different indicators and charting mechanisms can positively impact the people s entire trading experience, whereas sloppy software will inevitably lead them to failure.
Having realized that, IQ Option has done a terrific job at providing polished trading platforms. Granted, these aren t quite as widely-known as MetaTrader or cTrader programs, IQ Option s proprietary software is still on par with them in terms of its capabilities. Here s the main WebTrader platform, as well as its main features. Tradable assets All 250 of them Order types 3 Technical indicators 100 Automatic trading Supported Copy-trading Supported Desktop compatible Yes Web compatible Yes Mobile compatible Yes.
WebTrader in detail. When talking about IQ Option s WebTrader, it is important to point out that the platform can be accessed on both desktop and web browsers. And, unlike MetaTrader platforms that require additional manipulations to run on Mac devices, IQ Option s trading platform runs seamlessly on Apple s computers. Besides such flexibility, IQ Option s trading platform packs some of the most impressive features as well.
For instance, the platform supports more than 100 different technical indicators, which you can use to conduct technical analysis and closely predict future price movements. As our IQ Option review shows, these indicators include moving averages, volatility channels, oscillators, and many other categories of indicators. Then there are various different order types that further increase the stability of your trades.
For example, with the help of IQ Option s stop-loss take-profit orders, you can set a specific point of a price change that you re comfortable losing want to gain. As the asset price reaches that point, the order will automatically close the position, avoiding further losses. Yet another order type that s also important to note is a trailing stop. It is somewhat similar to stop-loss take-profit orders but has a more specific functionality. Basically, a trailing stop order allows you to have your trade open as long as the price is moving in your favorable direction.
And when it starts moving against you beyond your specified pip count, the trade will stop automatically. And on top of all that, there s a huge trading community that leverages the top-tier functionalities of this platform and provides other features such as Trader s Sentiment or Community Live Deals. Trade with IQ Option on your smartphone. Now, besides the ability to trade on either desktop or a web browser, our review of IQ Option Forex broker also shows that you can trade all available instruments with pretty much the same functionality.
The mobile trader is proprietary software developed by the broker itself, and iqoption gale available for both iOS and Android devices. Moving on, let s take a closer look at how you can make payments at IQ Option. When we looked through which platforms power deposits and withdrawals, we were quite impressed by their sheer number. In fact, we found 7-8 different payment methods on IQ Option s website.
But before that, let s talk about the minimum deposit that you can make at IQ Option. As noted earlier in the accounts section, the broker asks you to deposit 10 for its Standard retail account. This is a very advantageous condition and the one that will allow many beginner traders to kickstart their careers in this business. And to make a deposit or withdrawal, you can use the following platforms with very beneficial conditions. AdvCash Instant; No maximum limitation; Withdrawals in 1-3 business days Neteller Instant; No maximum limitation; Withdrawals in 1-3 business days Qiwi Instant; No maximum limitation; Withdrawals in 1-3 business days Skrill Instant; No maximum limitation; Withdrawals in 1-3 business days Visa Mastercard Instant; No maximum limitation; Instant withdrawals Webmoney WME Instant; No maximum limitation; Withdrawals in 1-3 business days Webmoney WMZ Instant; No maximum limitation; Withdrawals in 1-3 business days Perfect Money Withdrawals in 1-3 business days.
As you can see from this IQ Option Forex broker review, there s a pretty significant selection of financial platforms you can use here. On top of that, all deposits are free of charge, while the withdrawals are charged a fixed 2 commission for every currency with a maximum of 30 cap. How can you make deposits and withdrawals at IQ Option. What s IQ Option s execution policy. Having a top-tier trading platform is great; it effortlessly facilitates the trading process without sacrificing any real performance.
And that s very true for IQ Option s execution policy. Being able to instantly open trade is something that almost all trustworthy brokers are trying to achieve. At IQ Option, instantaneous positions are more like an average condition, not an exception. The speed at which your orders are executed is almost always less than one second, giving you the ability to make most of the tight slippage in prices and much shallower spreads. Another important aspect of IQ Option s execution policy is its order types.
The primary order you can make is a market order, which is known for blazingly-fast trades and many other advantages. One more advantage that s worth mentioning is the fact that the broker doesn t engage in requotes a practice of brokers going against their clients in hopes of their failure. According to our IQ Option broker review, the broker is all about helping you generate profits its income is literally dependent on that. How to improve trading knowledge at IQ Option.
Now that we re finally drawing to an end of our review, let s turn our attention to how IQ Option contributes to the education of its clients. As we delved deeper into IQ Option s educational section, we found that there s not an awful lot of differentiated materials available on the website. But that certainly doesn t mean that you cannot improve your trading knowledge with IQ Option.
Here, we will provide every important information about each educational material offered by the broker. The first section in IQ Option s education is video tutorials. When we went through this sub-section, we were impressed by just how many individual videos the broker offers to its clients. So, here are these sections and the number of video tutorials they contain. In fact, the level of encouragement from the broker s part showcases how trustworthy it really is and how it is focused on its clients success.
Basics- 8 videos Options Trading 6 videos CFD Trading 11 videos Margin Trading 2 videos Technical Analysis 4 videos Fundamental Analysis 5 videos Market News 48 videos Crypto Digest 49 videos About Us 7 videos. Now, it s not just about the number of video materials that is impressive; it s also important to note that these are quite short and informative videos that don t burden you with unnecessary details and whatnot. The Basics of Margin Trading. Another very significant educational section found during our IQ Option review is The Basics of Margin Trading page.
Plus, they re all uploaded on the Vimeo platform, which allows you to quickly switch between different qualities and have closed captions as well. Now, this section obviously contains comprehensive explanations about margin, leverage, different margin levels and requirements, and whatnot, but it also provides information about what spreads are, how swaps work, how to do currency conversion, and many other important pieces of information any Forex trader has to know.
The Help section. Additionally, there s a huge Help section that is another way of saying Frequently Asked Questions. This section contains answers to all sorts of different questions. These questions are categorized into 7 different sub-categories. General Questions Depositing Funds Withdrawing Funds Tournaments Account Verification Trading.
Each of the sections contains at least 5 questions and answers from IQ Option s support team, which is super helpful as it saves you a lot of time and effort. Lastly, there s this glossary section that isn t traditionally implemented on IQ Option s website. You see, the brokers usually put the glossary section directly within the website, yet IQ Option provides term explanations in its blog section.
Each of the blogs talks about a certain number of important trading terms, and as our review of IQ Option Forex broker shows, the bloggers do a terrific job at skillfully explaining them. Which research materials are available at IQ Option. The next section that is no less important than the educational section is research. Traders use various research tools and features to analyze previous price movements, catch some patterns in them, and try to predict future fluctuations.
At IQ Option, we came across quite a few research materials, and besides their number, they proved to be quite effective in analyzing price movements. These materials include market news, historical quotes, economic calendars, etc. When you enter just about any financial market, you always have to keep in mind that the current developments in the economic and political realms will greatly affect the asset prices.
With that in mind, IQ Option provides up-to-date information about various instruments it supports. For instance, with just a few clicks, you can read news about CFDs, Forex pairs, cryptocurrencies, or the markets as a whole. And these news are brought from different trusted publishers, be it CryptoSlate, The Edge Markets, and many more.
Trading ideas, signals, and Traders Sentiments. The next research section found during our IQ Option broker review contains various trading ideas, price alerts and signals, and the ability to determine Traders Sentiments. Each of these features works for one sole purpose to iqoption gale you better understand the current market developments and enter the market just when it s best for your interests.
Technical and fundamental indicators. Next up, there are hundreds of different technical and fundamental indicators that are probably the most useful in-trading tools found on IQ Option s website. With fundamental indicators and analysis, you can determine the current state of the economy, which directly affects the asset prices; and with technical indicators and analysis, you can find patterns in prior price movements and try to speculate the next movements. The economic calendar is yet another feature that chronologically lists all of the major economic developments in finances.
And ultimately, all this leads to more lucrative trades. By carefully examining all of the elements of the economic calendar, traders get an accurate understanding of what effect everyday political economic events have on asset prices. IQ Option s customer support. Finally, after everything we ve said about the broker s trading terms and conditions in this IQ Option Forex broker review, it s time to find out how you can contact the broker if you have any questions or an issue about its platform.
Email support support iqoption. com In-person interaction Hinds Building, Kingstown, St. Vincent and Grenadines Phone call 44 20 8068 0760 for the UK. Email support is one of the most popular ways to get answers to your burning questions about how trading is done at IQ Option. As we found out, this method is pretty fast relative to its other competitors, and offers in-depth responses that actually help you out. In-person interaction.
Another method to contact the broker, which is a little bit out of the box, considering that not many brokers allow this, is to actually go to the IQ Option headquarters and interact in-person. There are two addresses specified on the website. Vincent and Grenadines Ionos 20, 4th floor, Flat Office 401, Egkomi, 2406 Nicosia, Cyprus. Finally, there s the phone line support, which, to be fair, seemed the most impressive to us.
The reason for that is that it functions 24 7 and is available for a bunch of different areas, namely. United Kingdom Brazil Singapore India South Africa Portugal Spain Thailand Australia Argentina Chile Colombia Mexico Vietnam Taiwan Macau UAE Saudi Arabia Hong Kong Indonesia. As you can see from this IQ Option review, there are many different methods to contact the broker. And none of them will disappoint you with their responses.
Our final rating Should you do business with IQ Option. In this review, we took a close look at every little detail that you need to know about IQ Option. This is a broker that has been operating on the market for 7 years, which has proved to be enough for it to garner quite a fame and fortune. Currently, IQ Option has almost 50 million customers and features in 213 different countries.
The first discussion point of our review was the broker s license. And as we have discovered, IQ Option packs a very credible CySEC license from Cyprus. The reason why we re so confident about this license is that it directly enforces the strict financial guidelines that work in the European Union. Therefore, we have determined that IQ Option is a properly-regulated Forex broker. Then we moved on to discuss what various trading terms and conditions look like.
The following review of IQ Option Forex broker shows that the commissions are pretty accessible, while the leverage goes up to 1 1000. Plus, there are tons of different educational and research materials, not to say stable trading platforms and payment methods. In short, we can clearly see why IQ Option is regarded so highly among traders and financial analysts alike. This is a broker that radiates trust and professionalism. Most certainly. IQ Option has garnered quite a fame and recognition in its 7 years of existence.
And that can be directly seen in a sheer number of awards that the broker has received, be it the 2017 Award of Excellence, the Best Technology Application, etc. But more importantly, IQ Option has a CySEC license from Cyprus that regulates its financial activities.