Free Demo Trading Account With Virtual $1000
IQ Option Review – Start Trading Binary Options From Just $10!
IQ Option is a broker that has been around since the year 2013. This makes the trading broker one of the younger options available. The purpose of IQ option is to provide traders with a platform that is intuitive and flexible.00000
Broker Name: IQ Option
Return/Refund: up to 91% Return and 0 to 10% Refund
US Traders Accepted: No
Number of Assets: over 70
Regulated: Yes, Licensed by CySEC, License no. 247/14
Demo Account: Yes
Deposit Options: Credit card, wire transfer, Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller and Boleto
Language: English, Italian, Spanish, Russian, French, Portuguese, Turkish, Dutch, Chinese, Indonesian, Korean, Swedish
Minimum Deposit: $10
Restricted Countries: USA, Canada, Australia, Japan, Russia, Turkey, Israel, Syria, Sudan and Iran
IQ Option is a unique broker using their own custom built binary options trading platform. At the moment, they are using 4.0 version. The platform offers speed trading in increments up to 5 minutes. Their binary options go out 1 hour in 15 minute increments. They have 78 assets available for trading, with the only commodity they offer being Gold. Traders seeking more commodities should look for another broker.
Actually it is wrong to call IQ Option trading solution “whole page”, actually it is just a part of the user platform solution that iqoption offers. When users login into IQ Option they are immediately taken to the trading platform and all other links and tools are accessible form the left side menu.
On the right side is the trading navigation pane where users can place trades while the center is reserved for the huge graphing tool.
Users can choose between two types of binary options on the left side. The small bubble with the number next to each type shows the number of open positions. Graph controls need some time getting used to since zoom and move controls work independently.
Depositing and withdrawing panes are also part of the interface. They are excellent. Users can choose level of bonuses with deposit so there is no need to contact the support.
On the bottom part of the interface is the list of trades other users are entering real time. It can help user to gauge the direction where market is going even though it doesn’t aggregate the sentiment like the SpotOption platform.
IQ Option also offers a mobile version for users who want to trade on the go. Mobile app is available for android and iOS and can be downloaded for free from their respective app stores.
Like all binary options brokers, IQ Option offer traders the opportunity to trade in forex, commodities, stocks and market indices. While the range of assets covered by IQ Option is only slightly more than 70 different assets, they make up for this deficiency by providing the highest possible returns in the industry.
At present, IQ Option’s trading platform only supports 2 types of option contracts namely classic Call/Put binary options and Turbo options. The Call/Put binary options are options which have their expiry times in excess of 15 minutes. Turbo binary options on the other hand are binary options with their expiry time ranging from 30 seconds to 5 minutes.
With a maximum payout ratio of 91%, the payouts offered by IQ Option are one of the highest in the industry. At present, no other binary broker can come close to what is being offered by IQ Option.
Users can contact the staff via phone, email, live chat and Skype.
Website’s live chat is available in trading room and is supported in: English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Norwegian, Korean, French, Italian, Arabic, Indonesian, and Slovak. English and Russian support available 24/7. FAQ is very detailed and will help anyone with general questions about iqoption.
All functions — withdrawing and depositing, as well as bonuses and payment type choice are accessible trough the same control interface presented after user logs into the account. Deposit pane lists amount that are available for deposit, and as already mentioned in iqoption review, users can also choose the bonus amount that goes with the deposit amount. When withdrawing, the process is similar and only takes few clicks to finish it. Users choose the withdrawal service, amount and send the request.
Users with iqoption Real account will see their withdrawal requests processed in max 3 business days, while users with VIP accounts will have their requests processed within 24 hours. Users can use wire, credit card or Qiwi, WebMoney and Yandex to withdraw funds. For both deposits and withdrawals, credit cards supported are Visa and Maestro. Of net wallets, iqoption supports Skrill, CashU, WebMoney and POLi.
Deposits are generally free, while withdrawals can carry a $5 fee for credit card and $50 fee for bank wire withdrawals. Minimum withdrawal is just $10. In their control panel users can track all the trading and operations history.
One of the most unique aspects of IQ Option trading platform is the tools that they have provided traders with. For starters, traders can choose if they want their charts to be displayed as line chart or candlesticks chart. In addition, there are also various technical indicators which traders can select and apply onto their charts to help them get a better picture of the conditions in the markets. To date despite its simplistic appearances, the IQ Option’s platform is the most advanced binary options trading platform ever created.
As with many of the top brokers, IQ Option has a wide variety of educational materials available to help you become a successful trader. The team offers several experts that want to help you learn how to use the platform and be successful.
– Good variety of options
– Excellent returns – 91%
– Interface is very friendly
– Smallest minimum investment we have ever seen
– Regulated by the respected CYSEC agency
– Stand-alone demo account
– Interactive learning tools
- Lack Of Localized Telephone Support
- More Assets Should Be Added To Their Asset Index
- Only 2 Types Of Options Contract Available
At present, IQ Option offers binary traders the best trading conditions in the binary trading industry. So far no other binary brokers have been able to match their payout and rebate ratios. Their low minimum deposit requirement and minimum investment amount have also made binary trading extremely affordable.