I think this is probably the best broker I’ve ever had to deal with in a long time. It seems to me that this is exactly the level to which any platform for binary options trading should strive, now or in the future. This is a truly wonderful trading platform that can satisfy the needs of almost all traders. And it seems to me that IQ Option will also appeal to you.
IQ Option Demo Account
Demo account is available for Android, IOS and PC. The account immediately has $10,000 and is unlimited! You should independently conclude several deals on a free demo account in order to personally familiarize yourself with the trading opportunities of this platform.
IQ Option honest broker? The answer is YES!
Let’s try to figure it out. The activity of the company Q IQ Option Europe Ltd ’is regulated by CySEC. Thus, it can be concluded that the broker’s activity is regulated fairly well, which is an obvious advantage. However, there is an obvious drawback – the broker does not cooperate with traders from such countries as the USA, Canada, Australia, Israel, Syria, Sudan, Japan, Russia, North Korea, Belgium, Palestine and Iran.
How much can I earn on the platform IQ Option?
In the case of a successful transaction, the amount of profit can be up to 97%.
At the weekend, the maximum profit reaches 95%. This means that if you can correctly predict the price movement at the weekend, your profit will be up to 95% of the invested funds. However, on the weekend, trading on the platform can only be cryptocurrency.
Software IQ Option
I readily give the software platform 10 out of 10. I think this is the best I’ve seen in a very long time. The interface is easy to use. There are some very handy features on the platform, which we’ll discuss in detail below.
Detailed graphs, indicators and other tools for analysis
You have a choice of 4 options for displaying price charts – line, bars, candlesticks and Heiken Ashi.
If you are engaged in technical analysis, you can overlay the lines you need, for example, to indicate support and resistance levels. In addition, on the IQ Options platform, you will find many indicators that will satisfy all your needs, regardless of the trading strategy you use. Access to all these functions can be obtained in the left part of the trade interface.
I rate the work of the customer support service at 5 points out of 5. When I contacted them for the first time about registering on the platform, they answered me almost immediately. Most often, their employees answer your questions within one minute, which is very, very good.
Communication is possible by:
- in online chat on the platform
Top up account on the platform IQ Option
Now it’s time to talk about the trading account IQ option. The size of the minimum deposit on the platform is only $10. This is great news if your goal is to simply try out this site. Personally, I am always pleased with the opportunity to make a small deposit in order to check how well the system works. After that, you can withdraw your money without even starting to trade.
The minimum transaction size is $1, and the maximum – $20,000. So, you can make a deposit in the amount of $10 to $5000. This can be done using bank cards, MasterCard or Visa, e-wallets, ADV Cash, AstroPay and Skrill. Deposit processing takes a very short time. In most cases, you will see the money transferred to your trading account almost instantly.
Withdrawing money from the platform IQ Option
IQ Option has introduced the function of instant withdrawals. As a result, withdrawal requests were processed faster, and customers could get their money earlier. You can withdraw money only using the same method that you used to replenish your account.
To withdraw funds and do it quickly, you need to go through the process of confirming the identity. Therefore, before you make a withdrawal request, make sure that your account is fully confirmed.
Download IQ Option app for smartphones
The ability to trade on the road is another distinctive feature of the IQ Option. You can download the free trading application for iOS or Android. These applications will allow you to use the same features that are available in browser versions of the platform.
Should I open an account on the platform IQ Option?
We recommend at least testing the platform using a free demo account. If you live in one of the countries in which access to the platform is closed, then please accept our condolences. However, everyone else is definitely worth a try. If you do not know whether to register on the IQ Option platform, we will help you make the right decision.
The IQ Option website has a good design. Here you will not see the chaos that often prevails on the websites of other brokers. Navigation between different sections of the site is very convenient. All the necessary information is always at hand.
You can access the site using both a computer and a smartphone. In this way, you can trade from anywhere on the Internet. The site is translated into 13 languages, so traders from different parts of the world can use it. Opening an account is easy. For a demo account, just enter your name and email address. To go to a real account, you must provide a copy of the document proving your identity.
IQ Option also provides users with useful learning materials. The site has more than 200 high-quality videos. You can learn from them how to start trading or how to trade certain financial instruments.
They have a constantly updated blog and news line, which will come in handy if you need up-to-date information. Also, on the site there is a section that provides detailed answers to frequently asked questions.
Here are some of the available terminal features:
- Your trading history, which displays all your transactions
- To select a trading asset, just click on the plus sign at the top of the screen
- Leaderboard showing the achievements of other traders
- Displays of tournaments to start soon
- Market analysis, giving quick access to the list of the most popular assets and calendars. This feature is very useful when conducting fundamental analysis.
- Quick contact button with customer support
- Various video instructions
- Graphs, indicators and other analysis tools
IQ Option Traders Complaints
To find complaints and user comments regarding IQ Options, we had to dig deep. Many traders complain about the difference between the real market price of assets and their prices on the platform.
Most traders indicated that their real earnings were much lower than expected. Perhaps it was precisely these complaints that forced CySEC to take appropriate actions, since this organization recently imposed a broker’s penalty for “failure to execute orders on the most favorable terms for customers”.
Fortunately, on the platform introduced instant transfers, using which customers can get their money faster. Instant transfers to the card are available to users in all countries.
An impressive array of investment services
Contracts for difference – one of the most popular products, allowing you to speculate on the dynamics of the value of stocks and goods without their direct purchase. The arsenal of assets of the securities exchange, which has 128 titles, includes not only long-known corporations such as Facebook, Google, Apple and Tesla, but also the rapidly developing representatives of this market, including NVIDIA Corporation, Amazon, Netflix and Adobe. Stocks can be traded on IQ Opshn?
For fans of the good old “binar” with the most simplified principle of use, 53 options are presented in the Binary, Digital and FX variants. You can trade on “majors” and “crosses” of forex, precious metals, stocks and indices. On weekends, trading on OTC quotes is offered, which, according to customer reviews, also brings a hefty income. The maximum payout on profitable transactions is 95% on Binary. Commission when using BO is not charged.
And, of course, classic margin trading is offered on the largest and most liquid Foreign Exchange market. That is, you can traditionally buy foreign currency and make a difference on the price of buying and selling. Profit will bring not just the correct forecast of the movement of quotations, but also the number of points that the price will pass according to the forecast. At the same time, the platform’s functionality allows to increase the amount of the lot due to the presence of a leverage of 1: 300 and use various analysis approaches using the built-in analysis service. 90 Forex-pairs are presented, among which, both familiar to everyone EUR / USD, GBP / JPY, AUD / CAD, and exotic – CAD / PLN, CHF / SEK, EUR / MXN, USD / BRL, plus other currency pairs.
Awards IQ option:
Broker has more than a dozen awards, you can see them on the link.
I can only recommend this platform, since it has no obvious shortcomings. There are only clear advantages over other brokers.