This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.
IQ Option is one of the leading online brokers offering binary options, CFDs, cryptocurrencies and forex trading. A detailed overview includes a complete summary of the trading platform, an overview of the mobile app, tips on how to use the demo account effectively, and tips on strategies and options. Join millions of other traders and sign up now.
The financial products offered by the company carry a high level of risk, which can lead to the loss of all funds. Never invest money you cannot afford to lose
Trading Platform
To give clients access to financial markets and online trading, IQ Options has developed a proprietary trading platform and a variety of tools. The interface and functions of the platform are based on the advanced systems used by the foreign forex industry, so most binary traders do not use them.
IQ Options software includes tools such as stop loss and profit levels, a feature not available in ‘standard’ binary operators.
To add options for trader risk management and trading strategy, the company has also created a ‘Position Top-Up’ feature. This is the mechanism by which the transaction can be opened as stop losses.
Strategy Tool
The strike price and trade buttons are just as clear and intuitive as the price charts and charts. Navigation is simple and traders can easily switch between assets and markets. In addition, the entire layout can be configured and customized, allowing traders to move various charts or analysis tools to the desired location to suit their trading strategy.
Customizable elements make it one of the best trading platforms in the industry.
The platform comes as a web-based hub or traders can download a version for a PC or a Mac. The download is much faster. There is also a mobile platform. All platforms are stable, but the desktop download has the fastest execution times for transactions.
There is currently no integration with Metatrader 4 (mt4).
It is clear that software is one of the most sophisticated trading platforms in the binary industry, especially brokers that are not available.
This site is available 24/7, so there are no ‘working hours’. However, you can only trade assets if the relevant market is open. Many forex pairs trade 24 hours a week, but US stocks can only be traded when NYSE is trading.
chart
In addition to providing a refreshing user interface, the trading platform allows you to change the chart view by choosing from 4 different layouts.
- Heikin-Ashi
- line
- burst
- candles
Time scales for bar charts and candlestick charts can be selected at 18 impressive intervals, and multiple charts can be used to see trends for more than one time zone.
There are also a variety of other tools such as line drawing tools that traders can use to draw their trends on live charts. The latest update also adds rich technical analysis. You can place different indicators on the chart, such as Bollinger Bands, Moving Average or RSI. There are almost 20 different indicators.
This chart allows active traders to use price behavior patterns to identify opportunities over different time periods, enabling accurate forecasting.
One of the most useful features of the trading platform is that traders can make multiple trades on the same chart. This is especially useful if you want to use a more advanced trading strategy or trading signal. Being able to monitor open positions on the same chart facilitates the implementation of Turbo and Martingale strategies.
Deal sizes range from just $1 to $20,000 for classic options.
Forex and Crypto Products
Modern products such as forex and cryptocurrency trading show slightly different options depending on the market being traded. For example, foreign currency trading will increase leverage and prevent losses. For differences, assets such as Bitcoin or Ethereum traded through contracts have no expiration date. But they make a stop loss and take profit.
The appearance and appearance remains the same throughout the scope of the transaction and all relevant information is provided to the merchant. So traders who are familiar with binaries can still feel at home if they want to trade forex.
Mobile App
The IQ Option mobile trading app follows the development of a custom trading platform and offers a seamless mobile user experience. The trading area looks like a fountain and the screen, buttons and look and feel are the same as the full site or desktop download.
As mobile applications are customized for each operating system, the IQ Option Android app is designed specifically for Android devices. Similarly, the iOS app is written with the iPhone or iPad in mind and allows you to get the most out of these devices. What IQ is good for is attention to detail.
Apple’s recent changes to binary-related applications were quickly addressed by the IQ option. We have redeveloped the iOS version to comply with the new rules. Their ability to adapt to changing investment conditions is a relief. The new version includes forex and CFD trading, and once released, cryptocurrency trading is also possible.
There is also an ‘IQ Option for Windows’ version, as well as Android and iOS versions. The download button below will take you directly to the Google Play or App Store and the latest version of the mobile trading app.
Download the IQ Options App
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Demo Video
Below is a demo video of the IQ options. A full demo of all developments added during the recent ‘Platform 4.0’ upgrade. The demo includes how users can customize the trading area to suit their needs. It shows you how to review the same price chart over more than one period, how to add technical analysis overlays, and how all of this can improve trading results.
The video is not an out and out tutorial, but provides a full demonstration of the user experience, the new trading platform and the differences with other binary options broker platforms.
Trading Options (CFD, Forex & Binary)
IQ Option is continuously added to the underlying asset portfolio. Traders can trade in four major asset classes: forex, commodities, stocks and indices. They also respond to user needs.
Currency pairs are the strength of IQ, allowing you to use more exotic currencies including NOQ, SEK and TRY. The list of assets is extensive, allowing traders to build their careers in a variety of markets. Sterling dollar, euro, yen and pound continue to dominate most foreign exchange trading and deliver a large volume of trade. EUR/USD is the most popular trading pair.
The company also added an expiration period. Specializing in the short term expiration of the past, IQ now offers more options including popular end time expiration, long end time and monthly end. The choice of the dealer was never great.
Forex and CFD trading further expands user choice. In addition to binary trading, forex can be traded per pip, and CFDs can be traded without expiration for long-term trading. Recent cryptocurrency expansions offer access to Bitcoin and six other cryptocurrencies through contracts for differences.
Forex multiplier is a feature IQ options added to provide the leverage levels. The maximum multiplier now reaches an interesting x1000, but this affects the profit and loss. This allows you to set your trading volume up to x1000 to take advantage of even small movements in the currency market.
CryptoCurrency Multipliers
In addition to traders being able to trade crypto assets using CFQ, Forex or Classic options, IQ Option has a new tool known as cryptocurrency multiplier. These offers are effectively utilized. The base price is still an important factor, but using a multiplier expands the deal. This increases the potential profit or loss in any trade.
Initially, IQ only offered Bitcoin x 100. As the name suggests, it is the price of bitcoin multiplied by 100. Increased volatility of already volatile assets -tough for traders.
The product was so successful that IK expanded it. So you can use multiple in more cryptocurrencies like Ethereum (ETH), IOTA, TRON and Ripple. The multiplier ranges from x20 to x50 and x100 in Bitcoin. This provides another high risk/reward path for traders to profit from crypto assets.
Transaction costs (spreads, commissions)
When comparing brokers, you need a broker with transparent fees and costs. To determine the cost of an IQ transaction, consider the following:
- Spread – The price difference between the buy and sell value. It depends on things like volatility, assets, liquidity and even time.
- Withdrawal Fee – Most payment service providers have no withdrawal fee. Customers will be subject to a withdrawal fee of 2% from the 2nd withdrawal per month.
- Commission – A 2.9% commission is charged on cryptocurrency transactions. There are no fees in other markets.
- Exchange Fee – a fee is charged for certain transactions held overnight. It ranges from 0.1% to 0.5% and is higher if it opens on weekends.
- Fee for inactive accounts – if your account has been inactive for 90 days, you will be charged €10 (or equivalent) per month until your balance is zero.
Deposit and Withdrawal
You can deposit using a variety of options depending on your country, but there are popular methods such as debit and credit cards, electronic wallets such as Skrill and Neteller, and cryptocurrency via Hodly services. Bank transfer via debit card is the most popular option for merchants in Europe.
IQ Option recently launched AstroPay to facilitate payments in areas where options were less in the past, such as Brazil, Argentina or Vietnam. IQ now also accepts bank transfers from various Asian banks.
- Thailand – Bangkok Bank, Kashikon Bank, Krung Thai Bank, Siam Commercial Bank, Ayutthaya Bank, Government Savings Bank, TMB Bank.
- Philippines – Help2Pay
- Indonesia-Central Asia, Rakyat Indonesia, CIMB Niaga, Negara Indonesia, Mandiri.
- Vietnam – Vietcombank, Investment and Development Bank, Techcombank, Vietin Bank, Asian Commercial Bank, Sacombank, Donga Bank, Eximbank.
- Supported banks in Malaysia: Maybank, RHB Bank, Public Bank, Hong Leong Bank, CIMB Bank, AmBank
South Africa is supported by a variety of new payment methods, including Perfect Money. Perfect applies to a wide variety of regions, including South America (Argentina, Brazil and Colombia).
China Union Pay offers payment solutions to merchants in China, Taiwan, Hong Kong or Macau
safe
There are very few deposit errors, and the help desk can usually help you if something goes wrong. It is safe to deposit with the IQ option.
You can withdraw money using the same list of methods. The withdrawal method requires frequent authentication, and withdrawal credentials remain in the user area during the lifetime of the account, for example for audit purposes.
Type of account
The standard trading account requires a minimum initial deposit of $10. The standard account includes all option types, withdrawal options and features as a high level account.
The company offers a VIP account. To get a VIP account type. VIP Benefits:
- High payouts (eg +3% on FTSE or Google deals)
- Participate in larger tournaments with up to $100,000 in prize money
- Training material for VIP account holders only.
payout
In terms of return on investment, standard payouts offer very competitive rates. In the right situation, traders can receive up to 100% of the payout for successful transactions. This payment depends on the chosen asset and the maturity date. 91% ‘essence payout’ is one of the highest in the industry. The term ‘percentage of profits’ does not guarantee profits, but rather profits if a single transaction is successful .
Forex and CFD
Payouts for products such as Forex and CFD trading depend on the performance of the underlying asset. IQ offers risk management tools that you can expect when trading these instruments. This includes stop loss and the user-defined leverage (settable to zero). The new product moves the IQ option into the league of the major global brokers, and that product certainly rises to that level. You can also directly access the Bitcoin and Ethereum transactions.
Spreads in Forex and CFD trading are also competitive. As a result, the cost or commission to do business with IQ is cheaper and at the same level as larger online brokers. Free practice accounts are an excellent way to experiment with other assets without risk.
Is IQ Options a Scam?
This is a ‘legitimate’ reliable business. Their affiliate network ensures that they are responsible in all markets and accurately reflect the nature of the transaction.
Transactions with IQ Option are legal worldwide, from India to Ghana, Vietnam.
history
Founded in mid-2013, the brand is one of the most trusted and innovative brokers in the industry on BinaryOptions.net. The reputation has also been enhanced by various awards from different judges in the industry. They list their awards all over the site. – The list of awards cited on their website is a reliable comparison site and confirms their credibility. IQ options are safe and not fraudulent.
Our user satisfaction feedback is positive for IK. – Users have fewer complaints and use the IQ option platform for months and years. Forum responses are also positive.
Issues with site connections (site “not working” or “not loading”) are often local problems for the user, not the problem on the platform. Similarly, a ‘server down’ or similar error is usually on the client side, not a real problem with IQ options.
The company works in a very transparent way to maintain reputation and user trust:
- Free practice / mock account – no time limit parallel to real accounts. IQ Option relies on the trading platform to hone skills and maintain trader retention for the time traders need to hone their skills. The demo is available for download, but traders can simply use the entire mobile-friendly website. You can restore the demo balance by contacting the support.
- Hedging – IQ is clear about how and when to hedge your position. This will help to reassure traders who are afraid of ‘over the counter’ brokers, who want to lose traders. IK actively manages risk.
- Support – Support is available in many languages and includes live chat to resolve your complaint quickly. Users who need to unblock, delete or close their account should contact telephone support.
- News – Event calendars and brand news delivered in your area.
Demo Account
IQ offers industry leading demo account terms. This is a demo account. The balance can be restored to $10,000 as often as needed, and the working account can be used for a long time and has no time limit.
Demonstrations or virtual accounts can be operated with real accounts, rather than ‘instead of’. This allows real money traders to switch to demo accounts and try new strategies without the real money risk. The most flexible demo account available and there is no risk. This offer together with the lowest deposit is the reason why this broker has grown so fast. This is also the reason why the brand seduces beginners and novices. This shows the belief that they have the best trading platform, and know that once the trader has used it – it will be with them.
country
IQ offers trading in different countries and supports multiple languages. In 2014, the company operated in 18 countries to 178 in 2016. However, some countries cannot trade with IQ due to regulations or local laws. As a result, traders in Canada, the United States and Australia are currently unable to open an account.
The company is growing very fast in Asia and binary law is being legalized in India. They recently added several regions to the list, including:
- Malaysia
- Singapore
- Thailand
- India
- Pakistan
- Philippine Islands
Other growth areas include Africa, where Ghana and Nigeria are seeing a large number of new traders. This growth is partly aided by the ‘softer’ regulatory system. In a responsible brand like IQ Option, it actually works well. For similar reasons, marketing is driven by the UAE, Brunei and even Japan.
Traders in this region can now register with IQOption. The sign up process is very fast and signing up for a demo account only requires an email address. In addition to the login screen, the trader must deposit before trading real money. But the lowest deposit is the lowest $10 in the industry. The minimum trade is equally low, at $1 per trade.
tournament
There are regular trading tournaments on the trading platform. Each tournament has its own unique conditions. These are competitions that are usually based on successful trading with leaderboards. Tournaments are usually determined by the total amount of income over a given period, as the broker encourages trading.
It provides an excellent way for traders to compete with each other and attracts a lot of attention. The terminology can often vary, so one tournament may focus on short-term options, and another tournament may look at specific asset classes, such as forex.
This tournament enhances the customer-friendly feel promoted by the business and is worth checking out.
smartness
The specific strategies to be used in the IQ option are difficult to explain in detail due to the large number of options available. From rainbow strategies to technical analysis, the choice of traders is endless. Winning strategies for eur / usd may not work for oil trading and lessons learned from 60 second strategies may not improve trading results for more than five minutes.
But demo accounts are an excellent place to experiment and find winning strategies. Each trader has to find their own system, and the unlimited demo of IQ gives traders a better ‘sand pass’ compared to the Plus500.
Binary vs forex
Binary vs forex debate is another complicated argument when looking at strategies. It will always come back to traders, their risk appetite and preferred trading conditions. Our strategy section can contain useful ideas, as can forums. Our blog entries often contain trading tips, but the trader relies on their implementation or action.
Strategic elements like money management are actually a problem for every trader because they know the risk appetite.
The final point of the strategy is that there is no such thing as a ‘lossless’ system. Some trades will win and other trades will lose. But the winning strategy is beneficial in the long run. Anyone who provides 100% accuracy (or close to it) is likely to be dishonest. The discussion on Reddit or Youtube is probably not a legit dealer offering a free system for free!
Signals and Automated Trade
Currently, IK does not list any dealers. There are sentiment indicators that give a sense of market sentiment, but without automated signals.
Expert advisors are often the features promoted by other brands, but employees of brokers acting on behalf of traders are not fair. IK does not provide expert advisory services on standard accounts.
The company prefers to enable and train traders to make their own trading decisions.
Frequently Asked Questions
What is the minimum deposit for opening a trading account open?
The minimum deposit for IQ options is $10, €10 or £10.
Can I trust the IQOption platform?
Yes. Websites, desktop downloads and mobile apps are all reliable. However, IQ recommends desktop software for the fastest driving times.
What trading platform does IQOption use?
IQOption uses a proprietary trading platform. The platform is constantly being developed and improved to add new features as well as new markets. The map function of the platform is very advanced.
Do IQ Options Offer Leverage?
IQ options also offer ‘abundance’ for certain assets (mostly cryptocurrencies). Multiplying the move in the base price by x50 works much like additional leverage. Consult the IQ Option website for more information.
How fast is my withdrawal request processed?
Requests to withdraw from IQ usually take 1-3 business days. Depending on the withdrawal method requested, it will take 2-3 business days for the funds to reach your account.
Are the IQ options safe?
Yes. These are legal and regulated brokers.
Do IQ Options Accept PayPal?
Not. The best e-wallet options at the moment are Skrill and Neteller. Just like China Union Pay for merchants in Hong Kong or Macau, Perfect Money was recently added.
Conclusion review
approval
• Successful up to a high return rate of 91% as payment transactions
• Minimum The minimum deposit requirement – $ 10 account
opening
of the state-of-the-art trading platform • CySec regulated broker •
• Direct access to the coding market, such as Bitcoin
• Confirm secure account
• Quick withdrawal
cons
• Smaller market coverage than some competitors in forex and CFD.
• Self-built robot / automated trading functions have been removed.
• No MT4 integration required
dissatisfaction
Some important users of IQ report that the website is not loading, not working or offline. These problems are usually at the end of the user, not the platform. This site boasts impressive uptime statistics and is a powerful motivator to open up the platform for your business! It is rare for sites to be unavailable or inactive, and these problems do not occur if they are connected over a stable connection.
listed
The registration process for IQ options requires only email and takes only a few minutes. Once confirmed, you will have access to the demo account and the real money market. Deposits are required to trade in real accounts. The deposit process is very similar to the registration process. The minimum amount is currently $10 and the smallest amount is $1 per option.
contacts
IQ Options offers a variety of contact methods.
- Email – [email protected]
- Telephone support – available in 18 countries including India, Thailand, Brazil, Africa (helpline details on website)
- Group details: registration number HE327751
Address:
Hinds Building, Kingstown, St. Vincent and the Grenadines
You have access to customer service via phone, email or live chat. Customers are supported in more than 20 languages.