IQ Option Review

  • Foundation:
    2013
  • Demo Account:
    Yes
  • Instruments:
    Forex, Commodities, Indices, Stocks, Metals
  • Contest:
    Yes
  • Hedging:
    Yes
  • Bonus:
    Yes
  • Deposit Options:
    Credit Card, Wire Transfer, Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller, Boleto

IQ Option

open account
Your Capital is at Risk
Website:
Minimum Deposit, $:
10
Accept Clients From US
Payouts, max %:
91
*in case of correct prediction
Updated:
June 27, 2017

In this article, we will try to answer the question: "Is the IQ Option trustworthy or is it a scam?"

In view of the constantly growing popularity of binary options, there are a lot of brokers, but only a few are worthy to trade there. IQ Option, is one of the leaders in this industry, having received the recognition of traders and earning a good reputation. For the first time this company announced itself in 2013, and literally immediately received extensive support among traders. This success is due to a convenient and at the same time very simple trading platform, which is especially important for newbies, and the company also has one of the most accessible trading conditions on the market. So, the minimum deposit is $ 10, and the minimum investment is $ 1. Also the broker is proud of its extensive set of trading tools. The broker's compliance with the deal is closely followed by the Cyprus CYSEC regulator. Also the company has a fashionable office in Cyprus. All this allowed the IQ Option to securely settle at the top of the binary options market.

‍Pros

The advantages of working with this company include:

  • A good pool of options 
  • Convenient and simple trading platform 
  • Friendly interface
  • The company is regulated by CYSEC, one of the most respected regulators in the industry
  • High return on investments, up to 91% (in case of correct prediction)
  • Demo account, which can be updated without problems
  • Excellent training program with strategies of different levels of complexity
  • One of the smallest initial deposits on the market

Cons

Like any other company, IQ Option has its drawbacks, among which are:

  • Customers from the following countries will not be able to use the services of the company:
  1. Sudan
  2. Iran
  3. Japan
  4. Canada
  5. US
  6. Israel
  7. Russia
  8. ‍Australia
  9. ‍Turkey
  10. ‍Syria
  • Lack of local support
  • Only 2 kinds of options are available (turbo and binary)
  • Floating profit on assets (may decrease and increase depending on the situation on the market)

Unique Features

Among other things, this company has its own unique features, which favorably stand out from those of other binary options brokers. For example, traders can change the display of the chart, choosing between a candle or a linear option. If desired, you can change the number of displayed graphs on one screen. Also in the terminal, technical analysis tools are implemented, which help traders make trading decisions and monitor the situation on the market.

‍Trading Platforms

Desktop Platform

The desktop version of the trading terminal is available in versions for Windows, Mac OS and Ubuntu. It has absorbed all the best features from the web version, while completely lacking of all its drawbacks.

IQ Option Desktop Platform

Web Platform

A separate mention is the web platform IQ Option, because it was developed taking into account the fact that both beginners and professional traders will be working in it. While most brokerage companies typically use standard trading terminals, IQ Option decided to go another way and developed its unique trading platform. For the first time getting into the terminal you do not have questions about how to start trading, everything is very simple and understandable. In addition, when you first enter the platform, the trader welcomes a small guide that helps you understand the main functions of the terminal. Also, the web platform is very well optimized and does not overload the computer.

Mobile App

Following the latest technological trends, IQ Option offers its customers the opportunity to trade from mobile devices. The application is available on the most popular mobile platforms, Android and iOS. Both versions work very stably, and at the same time almost all desktop functions are available to the trader in the app version.

We also want to note that the mobile platform has received the IFM Awards for the best mobile platform.

Download App free

You can find other trading platforms here

Types of accounts

The following account types are available for IQ Option traders:

Real Account

  • The minimum deposit is 10 $
  • More than 70 trading assets
  • Opportunity to participate in contests and competitions
  • Free access to all trading opportunities
  • Trading real money
  • Withdrawal within 1 days
  • Position hedging

VIP account

  • The minimum deposit is 3000 $
  • More than 70 trading assets
  • Opportunity to participate in contests and competitions
  • Free access to all trading opportunities
  • Trade in real money
  • Withdrawal of funds within 24 hours
  • Personal manager
  • Monthly report and analysis of your trade
  • Position hedging

Demo account

  • Deposit 10000 $
  • Demo account
  • Access to all elements of technical analysis
  • Access to all assets
  • Position hedging

Assets

IQ Option offers its traders a wide range of diverse assets, ranging from shares of leading global companies such as Tesla, Deutsche Bank, Facebook and Google, ending with indices and simple currency pairs. In the broker's arsenal there are over 70 different assets, so that everyone will find what they're looking for.

IQ Option Assets

‍Return on Investment

Without a doubt, one of the key points in trade is profit, and IQ Option in this regard also does not lag behind competitors. Often, payments on transactions are equal to 91%* , but on volatile assets such as EURUSD payments are 85%*, while for gold the broker returns 75%* of the invested funds. Such trading conditions make this broker one of the best choices on the market.

*in case of correct prediction

Trade Types

Regarding the choice of option types, this company tries to adhere to a more conservative policy and offers its traders only 2 types of options to choose from. The first is the usual binary options or as they are called call / put options, with expiration time of 15 minutes, and the second is turbo options, with an expiration time of 30 seconds to 5 minutes.

Tournaments

IQ Option also does not forget about the competitive component in binary options trading. On the company's website, you can find a lot of interesting, and sometimes even intriguing tournaments, while the mandatory fee is extremely democratic and for most tournaments does not exceed the amount of 4-20 $.

Free Tournaments

The broker offers the opportunity to participate in weekly tournaments free of charge. The main prize is a ticket to a tournament with a large prize pool: 10,000 to 50,000 dollars!

Types of tournaments:

  • IQ Launch
  • Gear Up
  • Mad Money Monday
  • Market Upstart
  • Salary in a day
  • High Margin
IQ Option. Types of tournaments

Deposit Method \ Withdraw

This broker provides all the currently relevant ways of both replenishment and withdrawal of funds. In the arsenal of the broker there are the following payment systems:

  • Credit card - Visa Card and MasterCard
  • POLI
  • Skrill
  • Cash U
  • Maestro Card
  • Moneybookers
  • Bank transfer

Learning Tools

The main and perhaps the most powerful teaching tool in IQ Option is a free demo account. With its help, both beginners and experienced traders can get acquainted with the platform, and if necessary, sharpen their trading strategy, without risking real money.

The demo account has the same functions as a real account, which is rarely found on the market.

In addition to these opportunities, this broker offers its traders interactive training on the site, a lot of training videos and even an e-book on trading binary options.

IQ Option. Learning Tools

How to trade binary options profitably?

Is IQ Option Regulated?

One of the fundamental factors for any brokerage company is its reliability and transparency. In view of this, IQ Option chose as one of the most respected companies in this industry - SySec. It is worth noting that the broker himself has developed a multi-level security system, starting with the input of client money and ending with the solving disputable situations. To ensure maximum security, the broker requests confirmation of the trader's identity, for some this may seem like an excess, but in fact it is a necessary formality that increases the security of the clients themselves.

‍Is IQ Option Regulated?

Is IQ Option a Scam?

Well, the answer to this question is obvious, most traders believe it's not! After all, this company has been on the market for many years and for all its time it has been constantly developing, offering its customers only new and advanced technologies for trading binary options. Evidence of the quality and honest work of the broker, in the first place is a large army of satisfied users who respond well about the quality of the company's work.

Is trading binary options legit?

IQ Option Awards

Throughout its existence, the IQ Option has received many different awards. For example, in 2013, the broker was given the award for most innovative trading platform. And in 2014 the IQ Option was recognized as the safest and most reliable in the entire industry, since no complaints were received by the company. These awards were given to the broker in a rather complicated competitive struggle, in which the broker was able to win only due to the high quality of the provided services.

Customer Support

IQ Option clients are supported in 24/7 format via phone calls or e-mail.

Conclusion

Summing up, we can say that to date IQ Option is one of the most interesting and promising brokers in its industry, with high quality of services and a low entry threshold, which is very important for beginners or those who just want to experience the quality of the company's work.

Getting an IQ Option Demo and Real Accounts

We hope this article has revealed the main aspects of the IQ Option broker and if you wish, you can independently test out their demo account and experience the convenience and high level of usability of their trading platform.

Sign Up 
Warning: investing involves a high degree of risk.

Is It Helpful For Me?

Thank you!
Thank you!

Reviews

Trusted Binary Options Brokers

IQ Option ReviewIQ Option ReviewOpen account
Your Capital is at Risk
AnyOption ReviewAnyOption ReviewOpen account
Your Capital is at Risk
24Option Review24Option ReviewOpen account
Your Capital is at Risk