One of the most popular binary options brokers catering to beginners, IQ Option is owned by IQ Option Europe Ltd. The broker is regulated under the CySEC trading requirements, offering a safe trading environment.
With their intuitive and user-friendly trading platform, coupled with a low $10 minimum deposit amount, IQ Option easily stands out as the broker of choice for many online traders.
|Company||IQ Option Ltd|
|Languages||English, Portuguese, French, Spanish, German,Turkish, Italian, Chinese, Korean, Indonesian, Swedish|
|Currencies||USD, EUR, GBP|
|Deposit Methods||Credit card, Wire Transfer, Skrill, Paypal, WebMoney, Qiwi, Yandex, Moneta|
|Withdrawal Methods||Credit card, Wire Transfer, Skrill, Paypal, WebMoney, Qiwi, Yandex, Moneta|
|Minimum 1st Deposit||£/€/$10|
|Bonus||up to 100%|
|Payout||Up to 85%|
|Account Types||Standard, VIP|
|Return to Loss||Up to 65%|
|Number of Assets||+100|
|Types Of Assets||Commodities, Currencies, Stocks, Indices, Pairs|
|Expiry Times||Turbo options, classic call/put options|
Phone:+44 2033187173 Live chat
IQOPTION PROSLow minimum deposit ($10)
Low minimum trade amount ($1)
Advanced and user-friendly trading platform
High payouts (up to 85%)
Up to 60% rebate
Regulated binary options broker
Up to 100% welcome bonus
Wider variety of tradable assets needed
Only two trade types
Not available to US clients
The IQ Option platform is significantly different from other trading platforms. With input from professional traders and technology specialists, they were able to design a proprietary platform that supports the needs of both expert and beginner traders. The platform comes with essential features that make trading easier. Traders can choose to have their charts displayed as candlestick charts or line charts. Traders can also use several technical indicators to keep up with market conditions. Although the platform has a simplistic appearance, it is one of the most advanced in the world of online trading.
The IQ Option mobile app constantly features as the number one trading app in at least 45 countries. The app is popular due to its user-friendly features that make it possible to trade anywhere and anytime. The features are functional and remove the fuss out of trading on a smaller screen. The app is downloadable from the App Store (IOS) and Google Play (Android). Now you can trade at your own convenience without missing out on any of the key features of the IQ Option trading platform.
ACCOUNT TYPES AND BONUSES
IQ Option offers three types of accounts to cater to the needs of beginner and expert traders. The minimum deposit is $10 making it possible to start trading with real money. The maximum investment amount is $1,000, which is sufficient for advanced traders looking to make high-risk investments.
Demo Account- This account offers the following features:13 trading assets
Trade and practice for free
Limited trading opportunities
Standard Account- This account offers the following features:$10 minimum deposit
77 trading assets
Up to 80% welcome deposit
Up to 45% refund on loss
Access to full trading opportunities
Fast withdrawals in less than 3 day
VIP Account- This account offers the following features:Access to all trading assets
Up to 100% welcome bonus
Access to full trading opportunities
Up to 60% refund on losses
Monthly trade analysis
Withdrawals within 24 hours
IQOption offers a wide array of exciting bonuses at any given time. Presently, the following bonuses are available:
Standard Welcome Deposit- Receive up to 80% welcome bonus when you make the minimum deposit amount of $10.
VIP Welcome Deposit- Receive up to 100% welcome bonus when you make the minimum deposit of $1,000.
TRADE TYPES AND ASSETS
IQ Option currently offers just 2 types of trades and top quality trading assets. The two trade types include:
Classic Call/Put binary options – These are binary options with expiry times of over 15 minutes.
Turbo Options-These are binary option with an expiry time ranging between 30 seconds and 5 minutes.
IQOption offer traders an opportunity to trade in:
Commodities- Oil, Gold, Silver, Wheat etc.
Stocks- Apple, Google, Citi Bank, HSBC etc.
Indices- Nikkei 225, Dow Jones Nasdaq Composite Index etc
Forex- USD/GBP, GBP/YJYP, EUR/GBP etc.
Although the range of assets is slightly smaller, IQ Option offers some of the highest returns in the market.
IQOption offers a wide variety of safe and secure deposit options for traders in different countries. These include:
Major credit cards- Use your Visa or MasterCard to safely transfer funds from your card to your trading account.
Bank transfer- Transfer funds safely from your bank account to your IQ Option account.
Timeframe- 2-5 business days
Online money transfer- Online money transfer platforms let you make payments safely and conveniently. Some of the most popular online transfer methods offered by IQ Option include Skrill, WebMoney, LiqPay, Moneta, Yandex, Qiwi, Yandex and PayPal. You can now transfer money to your trading account at just the click of a button.
To withdraw funds from your trading account, you will use the same method you used for depositing funds into the account. IQ Option offers fast deposits, within 1 to 3 business days and less than 24 hours for VIP accounts. The minimum withdrawal amount is $10 but it is recommended that you not withdraw amounts less than $50 owing to the fees. A fee of between $5 and $10 is charged on all withdrawals depending on your withdrawal method.
TOOLS AND FEATURES
IQ Option offers a variety of unique features and tools that make trading on the platform all the more exciting:
Technical analysis panel- The technical analysis panel features intuitive tools that allow traders to assess market conditions and to device suitable trading strategies. You do not require extensive knowledge on how to interpret charts; the technical analysis features let you use market predictions made by professional traders.
Real-time charts- Real-time charts make it possible for trades to follow the price movement of an underlying asset in real time.
Candle or line charts- IQ Option offers traders the option to use the popular line charts or to use candlestick charts.
Copy other traders- This platform offers an element of social trading in that traders can view other traders’ statistics and the best trades and quickly copy these trades.
Trade indicators- Traders can choose an indicator of their own that allows them to keep track of popular investment alternatives and the number of people who have invested in the various alternatives.
Binary options tournaments- IQ Option hosts challenging tournaments for all traders. Traders are awarded with $10,000 to participate in the trading tournament and winners with the highest balance amount at the end of the tournament take home the first prize and so on.
IQ Option traders can access the reliable customer support 24/7 through email (email@example.com) or telephone (+44 2033187173).