Digital options became available for everyone at the IQ option platform

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

IQ Option Review

​IQ Option is an online trading platform that allows you to trade a variety of financial instruments including binary options, stocks, forex, ETFs, commodities, and cryptocurrency.

This broker was founded in 2020 and is operated by IQ Option LTD. IQ Option has rapidly become one of the most popular trading platforms for traders across the world with over 48,000,000 registered users and over 1,000,000 transactions per day. IQ Option accepts traders from over 213 countries including India, Nigeria, South Africa, The Philippines, Malaysia, Pakistan, Singapore, and many more.

IQ Option is based in Cyprus and regulated by the CySEC (Cyprus Securities and Exchange Commission).

In this IQ Option review, I’ll tell you everything you need to know about this broker to help you decide whether or not this company is right for you.

​​​​​​Custom-built Proprietary Platform

​iOS, Android, ​Windows, and MacOS

ETFs, Digital Options, Binary Options, Forex, Cryptocurrency, Commodities, Stocks

​Countries Not Accepted:

​United States, Japan, Israel, Turkey, Belgium, Russian Federation, Australia, Canada, Germany, Italy, Netherlands, Romania, Spain.

​Credit Cards, Debit Cards, ​Maestro, Skrill, WebMoney, Cash U, Neteller, and Moneybookers

​Processed Within 1 Business Day.

Table of Contents

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

IQ Option Trading Platform

Unlike other brokers that use a standard trading platform, IQ Option has a proprietary custom-built platform to cater to the needs of its users. The platform is very easy to use and is well-designed. It has many useful features including multi-chart layouts, technical analysis, historical quotes, volatility alerts, market updates, stock screeners, economic calendars, and more. It’s also available in 13 different languages.

​Within the IQOption trading platform, you can trade a variety of assets and financial instruments including stocks, digital options, binary options, forex, crypocurrencies, ETFs, and commodities. However, it should be noted that binary options are prohibited in the EEA.

​In the image below, you can see that the chart is in the middle. The Buy and Sell boxes are on the right-side. Your account balance and the asset you’re trading is located at the top of the screen.

​On the left-side of the platform, you’ll see a drop-down box which allows you to choose which financial asset you want to trade. Your available assets to choose from include Cryptocurrencies, ETFs, Stocks, ​Options, Forex, Indices, and Commodities. You can browse assets by category or use their search function to find a specific asset.

​On the right side of the trading platform interface, you will have the option to enter the amount you wish to trade and whether you want to Buy or Sell. You can also enter a multiplier if you wish to multiply your potential profit by a coefficient. However, a multiplier increases the risk as well. You also have the ability to close the trade automatically if the asset reaches a certain threshold that you set forth.

​Video Demo of How To Trade With IQ Option

What Assets Can You Trade With IQ Option?

IQOption originally started off as just a binary options broker, but they now offer clients the ability to trade Contract For Difference (CFDs) on Cryptocurrency, ETFs, Forex, Stocks, and a variety of binary option contracts.

Stocks

As of this review, IQ Option allows you to trade CFDs on 169 of the best-performing stocks without opening fees. The minimum investment is $1 for Stock CFDs with leverages up to 1:20. Their list of stock assets include some of the biggest companies in the world such as Apple, Tesla, Amazon, Boeing, and many more.

Forex

FX trading is one of the most popular trading markets on IQOption. This broker offers competitive spreads and a wide range of currency pairs including EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD, NZD/USD, and USD/CHF. Currently, there are 50 Forex Pairs on the IQ Option platform.

IQ Option gives you the ability to trade CFDs on Exchange-Traded Funds, also referred to as ETFs. An ETF is where many different assets are combined into one basket. There are 25 ETFs currently available to trade.

Cryptocurrency

IQ Option allows you to trade CFDs on 27 different cryptocurrencies including Ethereum, Bitcoin, Ripple, Neo, Cosmos, Binance Coin, Litecoin, Cardano, ZCash, TRON, Stellar, Iota, Dash, EOS, and Bitcoin Cash. You can expect great margin trading leverge and short selling options with quick deposits and easy withdrawals.

Commodities

IQ Option currently offers CFDs on 5 commodities including Silver, Crude Oil Brent, Crude Oil WTI, Gold, and Platinium.

Trade Types and Payouts

Binary Options

Binary options is a financial instrument that pays a fixed return for a correct market prediction on the price of an asset within a predetermined time-frame, or expiry time. Correctly predicting an asset’s price movement (up or down) can result in a profit of up to 95%. Trading binary options on IQ Option has a $1 minimum investment, $0 brokerage fees, and expiry times ranging from 60 seconds until the end of the month.

Digital Options (CFDs)

Digital Options is a financial instrument that allows you to speculate on the extent of the price movement of an asset. Payouts for digital options can go as high as 900% if the asset reaches the threshold specified by the trader. The minimum investment for digital options is $1 and the expiry times range from 60 seconds to 15 minutes.

Technical Indicators

IQ Option offers over 15 different technical indicators to help you identify trends and to spot profitable trades. The 15 technical indicators that are available to you include: MA, Volume (exchange), Bollinger Bands, Alligator, RSI, MACD, Parabolic SAR, Stochastic Oscillator, Awesome Oscillator, ATR, ADS, Fractal, CCI, Ichimoku Cloud, KDJ, DPO, and Belkhayate Timing.

​Charting Tools

​In order to help you get the most benefit from trading with IQ Option, the broker offers a variety of charting tools that can help you formulate a successful trading strategy. The 5 charting tools available on IQ Option include Area, Line, Candles, Hollow Candles, and Bars.

Mobile Trading

IQOption offers clients the ability to trade options and CFDs using their proprietary mobile application. The mobile app works on Android and Apple iOS operating systems. It is available for download via the Apple Store or on Google Play.

The app is very easy to use and has a very clean and intuitive graphical interface. It has the same charting options that you can find on their regular web-based platform as well.

By using the IQOption mobile app, you can:

  • Execute Trades
  • Check Account Status
  • Stay Updated With Market Developments
  • Use Charting Tools
  • Setup Customizable Alerts and Push Notifications
  • And More

​Account Types

​IQ Option ​has 2 different types of trading accounts to choose from: Standard and VIP.

For a standard trading account, just a $10 minimum deposit is needed. Unlike other CFD providers, there are no restrictions on trading functionality. You get access to over 350 ​assets to trade as well as 24 hour withdrawal​ processing. You also get access to several trading competitions that are held on the IQ Option platform (only applies to customers outside of the EU).

A VIP trading trading account is only available for clients that deposit $1900 or more within a 2-day period. A VIP account includes a personal account manager, monthly reports on your trading records, and 3% in additional returns. VIP accounts are only available to customers outside of the EEA.

IQ Option Demo Account

​Like many brokers, IQ Option offers a free demo account that includes $10,000 in virtual money. There is no limit on how long you can use the demo account for. This offers you the ability to test different trading strategies and to get familiar with the platform before investing real money. If you run out of virtual funds inside of your demo account, you can have them replenished so you can continue practicing.

You don’t have to register or give out your personal information in order to access the IQ Option demo. This is not always the case with other brokers, as a lot of companies require you to provide at least an email address in order to gain access to their demo.

Cryptocurrency Multiples

IQ Option has recently came out with a product known as “Cryptocurrency Multiples”. The product basically works the same as a leveraged trade, where the price movements of an asset is magnified by a multiplier. Cryptocurrency multiples was originally produced with the idea of Bitcoin X 100. This essentially increased the price movement by 100X times, which created a large opportunity, as well as risk, for traders.

Due to the popularity of Bitcoin X 100, IQ Option has expanded the concept to IOTA, Ethereum, Ripple, and other cryptocurrencies. The multipliers you have to choose from include X20, X50, and X100. However, the cryptocurrency multipliers are only available for citizens outside of the EU.

FX Options

IQ Option is one of the only brokers that offer a product called FX Options. Currently, this product is only available for the 5 main currency pairs.

FX Options are available in regulated markets inside the European Union. They are similar to binary options because they offer a fixed-risk investment. You understand the potential profit and risk upfront. Each FX Option has an expiry time and the potential profit depends on the asset’s price. Payouts can reach up to 2000% and there is a minimum trade amount of $30 for FX Options.

It’s also important to know that FX Options can be sold at any time, even before expiry time is reached. This is a useful feature that can help you lock in profits or cut losses.

​Order Types

​IQ Option offers its traders a variety of order types and stop loss tools to help minimize losses and maximize profits on binary option trades.

Stop Loss Orders – This feature allows you to set a maximum loss that you’re willing to accept on a trade. When this order type reaches the amount you specified, the trade automatically closes to limit your loss.

Multiplier Orders – This feature allows you to improve your return on investment via a multiplier. If you set a multiplier, the price movement of the asset will increase by 20X, 50X, or 100X. This feature can dramatically increase your profits as a result, but it can also expose you to more risk as well.

Take Profit Orders – This feature is the exact opposite of a stop loss order. You can close a trade early and take your profit when it reaches your specified amount.

Pre-Order – This feature allows you to enter the market when an asset reaches the exact price that you specify. Once the asset reaches that price, the trade will be executed automatically.

Regulation and Security

Over the years this binary option broker has been operational, it has won multiple awards praising it’s quality of service and reliability for customers. IQ Option is recognized as one of the best brokers in the industry by many millions of traders worldwide.

IQ Option is regulated by the CySec and is registered in Cyprus under the company name “IQ Option Europe LTD”. ​ This means that they are able to service clients within the EEA. ​

For traders that reside outside of the European Economic Area, their trading accounts are managed by a sister company known as “IQOPTION LTD”. This company is registered in St. Vincent and Grenadines, and this entity is not regulated.

Deposits

The minimum deposit for opening a real account with IQ Option is $10 USD/GBP/EUR. This broker does not charge any processing fees for depositing funds. In order to make your first deposit, you will have to go through an account verification process which might require photo identification. Some countries will have different requirements than others.

For your convenience, IQ Option offers many different ways to deposit money into your account including credit cards (Visa and Mastercard) and wire transfers. This broker also accepts many different E-wallets including Skrill, Maestro, WebMoney, Neteller, Cash U, and Moneybookers.​ IQ does not accept Paypal as a payment method.

​Withdrawals

The minimum withdrawal amount for IQ Option is $2. ​In order to make a withdrawal request, you will need to use the same payment method as your deposit because the transaction is processed as a refund. Afterwards, you can choose whichever payment method you want for withdrawals. Bank transfers may incur a small processing fee.

In order to withdrawal funds from IQOption, you’ll need to verify your identity. This verification process can take up to 3 days and is necessary to prevent fraudulent activity and to secure your account from unauthorized use.

All withdrawal requests are processed by IQ Option within ​1 business day​. If you request a withdraw to a bank card, it may require additional time depending on your bank.

Is IQ Option Safe?

Yes, IQ Option is safe. This company is one of the biggest and most successful binary option brokers in the industry with over 40,000,000 registered users. They are also licensed and regulated by the CySEC (Cyprus Securities and Exchange Commission) and the FSA (Seychelles Financial Services Authority). All client funds are held in segregated bank accounts for further security. IQ Option is also a member of the Investors Compensation Scheme, which protects client funds up to a maximum of $20,000.

Can You Really Make Money With IQ Option?

Yes, of course you can make money with IQ Option. In order to make a profit, you have to correctly predict an asset’s price movement by the time the trade contract expires. IQ Option offers short-term trades that allow you to make money within 60 seconds if you predict the market direction correctly. Binary options pay up to 95% profit, while digital options pay up to 900% profit.

Bonuses and Promotions

Due to regulations set forth by the CySec, IQOption.com doesn’t offer any type of deposit bonuses.

However, this broker does offer trading competitions that allow you to compete against other traders for prizes ranging from $100 all the way up to $100,000. Unfortunately, these trading tournaments aren’t available for citizens within the EEA. Standard accounts can join the competitions for a fee, while VIP accounts get free entry.

​​Countries and Languages

​Countries NOT Accepted:

Unfortunately, IQ Option is not able to accept traders from the United States, Russia, Canada, Australia, France, Japan, Belgium, Turkey, Israel, Iran, Syria, and Sudan. The countries listed above have stricter restrictions and regulations, making it difficult for IQ Option to provide trading opportunities to their citizens. ​

Countries Accepted By IQ Option

IQOption accept traders from over 213 countries including Argentina, Bangladesh, Bolivia, Botswana, Brazil, Cambodia, China, Colombia, Egypt, Ghana, India, Indonesia, Iran, Ireland, Jamaica, Japan, Korea, Nigeria, Germany, Kenya, Malaysia, Maldives, Macedonia, Mexico, Morocco, Namibia, Netherlands, New Zealand, Pakistan, Philippines, Saudi Arabia, Serbia, Singapore, Somalia, South Africa, Sri Lanka, Switzerland, Tanzania, Thailand, Turkey, UAE, Uganda, Ukraine, United Kingdom, Vietnam, Zambia, and Zimbabwe.

Related Content:

Customer Support

IQ Option ​has various forms of customer support including email, telephone, and online chat. There are currently about 90 customer service support representatives available to assist you.

For your convenience, IQ Option has toll-free phone numbers available in the following countries: United Kingdom, Brazil, South Africa, India, Singapore, Thairland, Colombia, Australia, Mexico, Portugal, Spain, Argentina, and Chile.

For online chat support, the average wait time is an impressive 38 seconds. For email support, the average response time is 14 minutes.

​Is IQ Option A Scam?

​Absolutely not! As of 20​20, this broker has over 41 million registered users from over ​213 countries worldwide. The number of active traders is growing every year and there’s no signs of that changing. They also process more than 1 MILLION transactions per day.

IQ Option is a legit broker and one of the most reputable companies in the industry. Their ​intuitive trading platform is the best around and we highly recommend IQ Option to traders of all experience levels, beginner to advanced.

​* CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Robert Wolfe is the founder and chief editor of Impact Investing Collaborative. Robert is an expert trader with over 10 years of experience trading binary options, Forex, and CFDs. He prides himself in providing accurate and in-depth reviews in order to help others find a trading platform that fits their needs. When Robert isn’t actively trading or managing Impact Investing Collaborative, he enjoys spending time with his 3 kids, playing golf, and spending time outdoors.

Welcome To Our Site!

My name is Robert Wolfe and I’m an online trader with over 7 years of experience trading financial instruments such as binary options, CFDs, forex, and stocks. I created this website to share my knowledge of the industry so you can avoid the same mistakes I’ve made.

IQ Option Review

Overview

The IQ Option company has set a goal to create the best solution on the market. Working with the IQ Option traders, you get access to a new and innovative platform for binary options.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Details

Broker IQ Option
Website URL www.iqoption.com
Founded 2020
Headquarters Hinds Building, Kingstown, St. Vincent and Grenadines
Support Number +357 25 262 010
Support Types Online chat, e-mail, calls (Support 24/7, 14 languages)
Trading Platform Self-developed trading platform
Minimum 1st Deposit $10
Minimum Trade Amount $1
Maximum Trade Amount $20 000
Payout Up to 91% *
Leverage 1:1000
Spread from 0, 007 points
Free Demo Account Open Demo
Fees
Fee Info Only for withdrawals via bank transfer (31-93 USD, no minimal amount)
Deposit Methods Visa, Master Card, Wire Transfer, Skrill, Qiwi, WebMoney, Fasapay, Neteller, Boleto
Withdrawal Methods Visa, Master Card, Wire Transfer, Skrill, Qiwi, WebMoney, Fasapay, Neteller, Boleto
Number of Assets 500+
Expiry Times 60 sec, 2 min, 5 min, 10 min, 30 min, 1 Hour, 3 days, 1 week, 1Month
Types of Assets Indices, Commodities, Currency Pairs, Stocks, Forex, Equities, Cryptocurrencies
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score 9.8/10

Additional Information

  • Download the iOS mobile app
  • Download the Android mobile app
  • Download the iOS IQ Option Forex mobile app
  • Autotrading: no
  • Training: yes
  • Analytics: yes
  • Affiliate Program: yes (Registration)

Full Review

*Amount to be credited to account for a successful trade.

«General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose».

«Digital and binary options are prohibited in EEA».

One of the advantages is that the broker IQ Option follows all regulatory rules to ensure secure trading.

Options of the broker IQ Option

The leading broker offers its users profitable trading in foreign currencies on one of the largest and most liquid financial markets – Forex. Cooperation with IQ Option is an excellent opportunity to receive a stable income from Forex trading on the best terms: the trader can count on a large selection of volatile assets, narrow spreads, fast execution of orders, hedging, a free demo account and fast transactions within the system. Additionally, there aren’t any commissions or slippage. Today it’s one of the most ideal conditions for trading on the market.

All the main operations are carried out on a perfect platform, which appears to be the development of the broker IQ Option itself. The platform has made trading a comfortable and convenient process. Here you can change the terminal skins and types of charts, add indicators and graphic elements for advanced technical analysis, use several charts at once, close several trading positions with one button, use the multiplier to increase your earnings, study the history of quotations, adjust stop-loss and take-profit orders.

Forex trading

The functional terminal IQ Option is available on different devices, including the availability of downloading a mobile application for free, which will provide constant access to the market, regardless of where you are. The highly informative broker’s website will also enable you to improve your skills by studying qualitative teaching materials. Traders can use an economic calendar and online chat. In order to make Forex trading (truth about Forex) with this broker more profitable, users are provided with professional support, including volatility signals, current market news, promotions, newsletters, etc.

The multiplier option for Forex trading will enable you to significantly increase your income by using the borrowed funds that the broker provides to you (by simply opening a position of $100 with a multiplier x10, you will get a profit commensurate with the investment of $1000). So, you can trade in impressive amounts, while having a minimum deposit on your account. It’s possible to increase your trading capital from 1 to 1000 units (х1, х20, х50, х100, х300, х500, х1000). However, it’s worth remembering that the risks associated with such trading are also high. But if you take seriously the capabilities of this tool, it will bring you unlimited profits.

Since October 2020 the broker started providing unfettered users with increased multiplier x20 for trading CFD for shares. In high volatility periods in the stock market the multiplier may become a very gainful trading way for those traders looking for a chance to earn on price changes. With the broker a unique option is available: investments of funds exceeding the trader’s budget. For instance, you may open a stake for 500$, apply the multiplier x20 and get profit you might obtain investing 1000$. In case the transaction completed not in favor of trader, his negative earnings will be limited just by 500$, and he won’t lose more than he invested.

Risk warning: your capital might be at risk

Trading in digital currencies with IQ Option

The broker IQ Option is truly interested in providing its clients with assets. That’s why the broker’s clients have an opportunity to trade in crypto assets, which are currently booming. Following the trends of the time, the broker offers clients and holders of crypto assets a perfect solution – provision of the service necessary for full-fledged trading in digital coins. On the broker’s platform you can freely sell or buy digital currencies and store them in crypto wallets for free.

Working with this organization guarantees exceptional security of information and funds, the stable operation of the platform, and high earnings on trade in the most liquid crypto assets as well as fast withdrawal of money. Investing in cryptocurrencies with the IQ Option broker is legal and safe. Unlike crypto exchanges, working with the broker means dealing with a licensed and well-regulated company, which has a monthly trading volume of more than $11 billion. The broker uses modern security protocols as well as encryption methods to ensure the maximum protection of your capital. All users of the system are offered OTN tokens (Open Trading Network), which are given for trading in crypto assets: the more you trade, the higher your commission, on which the system pays out tokens (are cryptocurrencies a scam?). Further, they can be easily exchanged for OTN-coins, withdrawn to the wallet or sold to earn an income.

The perfect IQ Option platform will enable you to maximize your benefits from trading. You can conveniently trade in digital coins, conduct deep market analysis, study the history of your transactions, etc. Only the best cryptocurrencies are available for investment: Bitcoin, Dash, Ethereum, Bitcoin Cash, TRON, Ethereum Classic, ZCash, Litecoin, Ripple, etc. The system allows the quick purchase of these digital coins in various ways, including bank cards (VISA/mastercard). You can easily withdraw digital assets from the platform. Moreover, the broker provides its users with free crypto wallets to store digital currencies. These wallets are automatically created for each investor. Thanks to the mobile version, crypto trading is available 24/7, at any time you find convenient. In addition, the broker is happy to offer customers high-quality technical support that is capable of resolving issues of any complexity in just 46 seconds, 24/7/365. Without exaggeration, it’s the fastest support service among brokers.

Another advantage of IQ Option is an awesome ability to invest in digital assets using a multiplier, which can increase your earnings by several times using even minor price changes. This tool came to crypto trading from Forex and immediately became popular with users. Thanks to this unique option, you can trade in crypto assets with a minimum deposit and receive unlimited earnings with the help of borrowed funds provided to you by the broker. Leverage (in the case of IQ Option, it’s a multiplier) offers work with positions that exceed the actual balance of your trading account several times. Opening a deal for $100 with x5 leverage, you can earn real income of $500 as if you invested $500. The broker offers to increase the crypto capital for work with the help of the following multipliers: x3, x5 and x10. We note that traders prefer to use high leverage, which gives tangible results from trading in digital assets (2020 cryptocurrency forecast).

Risk warning: your capital might be at risk

Crypto wallet Hodly

You’re welcome to get familiar with Hodly. It’s the perfect way to have your crypto traffic monetized. The broker IQ Option officially released a new convenient crypto wallet called Hodly. Despite the fact that it’s very easy to use, it’s a serious product, which can help traders earn money by investing in crypto assets. Having downloaded a free wallet (App Store, Google Play), you get a safe and powerful tool that will help you to easily monetize the chosen cryptocurrency. You can buy, sell or store digital coins in just a few clicks. The application has a built-in news feed, enabling you to track market trends.

Due to the fact that you can store currency here, you don’t need to look for crypto wallets, pay for transfers, or send digital coins to exchanges to for pay trading. Now all of these functions are available in one reliable solution.

Features of Hodly:

  • Fast deposits, rapid withdrawal of capital on a bank card;
  • Safe storage of funds: both fiat money and crypto assets. In this case, your confidential data is stored not on the device, but on a secure server, completely encrypted;
  • A wide range of crypto assets for trading, the number of which the broker plans to expand;
  • The absence of verification for purchase, sale and receipt of cryptocurrencies; simplified verification for the withdrawal of capital (you only need to upload the passport and the service managers will verify identity in 15 minutes);
  • Live chat with like-minded people and support staff;
  • Bonuses for participants of the system (50% of the net revenue from the commission for each purchase or sale of cryptocurrencies in the wallet).

CFD trading with IQ Option

Following the latest trends of trading, the IQ Option broker offers its users convenient CFDs, which are available to both Forex traders and those who invest in crypto assets. The peculiarity of CFD trading is that the trader receives an income not based on the purchase of an asset but on fluctuations in its value. At the same time, it doesn’t matter whether the price of this asset increases or falls – the speculator can earn in both cases. Such contracts allow you to trade, but not to acquire an asset; in addition, you don’t need to pay taxes for transactions and you don’t need to deal with documents. You only need to enter into a contract, which specifies the difference in the price of the asset in the event of a transaction being opened/closed. Today CFD-contracts are an advantageous way to receive decent earnings for those who don’t have enough funds to enter the market.

Buying contracts for the difference in the prices of cryptocurrencies, the investor earns on the difference between the current and future prices for Bitcoin. The greater this difference, the higher your profit will be. At the same time, such trading is advantageous for short-term deals. In addition to crypto assets in similar CFD contracts, the broker IQ Option offers trading in shares and fiat currencies. It’s also possible to increase the amount of earnings with the help of a multiplier, enabling you to trade in large amounts of funds and get even greater benefits. Also, when forming trades, a trader can set limits on losses and use market orders.

Since October 2020 there are 50 new CFD for shares available on the broker’s platform, with the total number of CFD for shares – over 150! Among assets available for investments there are shares of such companies like eBay (EBAY), Bayer (BAYN), McDonald’s (MCD), Adobe Systems (ADBE), Facebook (FB), Apple Inc. (AAPL), Kraft Heinz Company (KHC), Starbucks Corporation (SBUX), PayPal (PYPL) etc.

Risk warning: your capital might be at risk

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions

Withdrawals and deposits

A good sign is that the amount you can withdraw is not limited! There are brokers who will not allow you to withdraw all of your profits, if the profit is very large. This fact can cause a lot of trouble and anxiety among traders. The IQ Option not only refrains from doing this, but also processes withdrawal applications quickly, allowing its traders to get their payouts as quickly as possible. Customers receive payments within 1 working day. To withdraw funds, you can use a credit card, wire transfer, Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller, or Boleto.

The IQ Option does not take a commission for financial transactions, but a commission can be withheld by payment systems or a payment aggregator.

Complaints about IQ Option

We have searched the Internet for any complaints, and we found some negative reviews, but we thought it was the speculation of competitors; with regard to criticism that was objective, the company has resolved it all in a positive way. In several forums and blogs, we saw customers complaining that they did not receive approval for a withdrawal. But in each case, an official representative of IQ Option responded, and the problem was resolved, as evidenced by the initiators of the complaints. We do not believe this is a cause for concern, because, firstly, all problems have been successfully resolved by the broker, and secondly, the broker has strictly followed the «Terms and Conditions» policy, which outlines its obligations, and has solved all issues in a timely manner.

If we find complaints about IQ Option, we will post it on social media. Follow us to be well informed:

Is the IQ Option a scam?

IQ Option is currently one of the most law-abiding brokers in the market. For a long time, IQ Option activity has been regulated by the Center for Regulation of Financial Market Relations, which oversees them.

Regulator broker

The IQ Option is a regulated broker. This regulation provides accountability to the brokerage companies, as well as the fact that all customer deposits are compulsorily insured. That is, in case of financial problems with a broker, you can easily get your money back. And this feature also indicates a broker’s reliability.

Summary

In general, the IQ Option is one of the leading brokerage firms on the market. The IQ Option won the ShowFX World prestigious award as the «Most Innovative broker in binary options». The award was received at the largest international forum, which is dedicated to modern advances in the Forex market. Looking at the simple and intuitive graph of IQ Option, we can conclude that this is a definite leader compared to popular options such as Keystone, SpotOption and Tradologic. The difference in quality, services and functionality is obvious and visible to the naked eye. The IQ Option is comfortable and nice to trade with.

Conclusion

Trading in options can either be done with classic or turbo options. The purchase of an option is carried out in just one click. All transactions can be viewed in the section of the site that displays the history of all operations. Once the transaction is completed, a window pops up with the results of the auction. An interesting feature is that you can immediately share your success with your partners and friends in social networks.

The profitability of assets is very high and reaches 92%* of the indicators.

*Amount to be credited to account for a successful trade.

«General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose».

Reviews

I have a fully documented complaint. I have more than USD$175 thousand in funds available to withdraw. Several details are in between. Withdrawals have been cancelled by IQ IQ option has not responded in writing. Please let me know if you want to discuss.

IQ OPTION Review 2020

Last updated: October 8th, 2020

Is IQ OPTION a scam OR one of the best trading platforms in the world ?

Table of Contents

Don’t sign up before you read this IQ OPTION review

Me and my colleague have performed a thorough IQ OPTION review, without the broker knowing it of course.

Here is our true experience!

  • Forex + FX Options + Binary Options+ Crypto
  • Min. deposit only $10
  • Large community of traders who interact
  • Very user friendly trading platform
  • Easy to use
  • Good customer support
  • Demo account free
  • Many local payment options for your country
  • Islamic account available
  • No VPS
  • No MT4/MT5
  • Slightly more expensive
  • Not accepting USA traders
  • No Bonuses

Broker’s Rating:

**Your capital might be at risk.

Details about this broker:

✅ Visit broker
✅ Name of company IQ OPTION
✅ Trading platforms + Forex Trading Platform
+ Binary Options Trading
+ Cryptocurrencies Trading
+ CFD on Stocks, Stock Indices
✅ Forex pairs available 22 currency pairs available !!
✅ Minimum first deposit $10
✅ Max. leverage 1000:1
30:1 for E.U. clients
✅ Languages available English, German, Espanol, French, Indonesian, Italian, Portuguese, Swedish, Thai, Chinesse .
✅ Max payout if winning for binary option trades 92%*

* max.payout in case of a winning trade ✅ Time frames to trade via binary options 30 Sec, 60 Sec, 2min, 5min ✅ Type of digital options Call/Put, Turbo ✅ 1-click trading YES ✅ Demo yes with virtual $10.000 ✅ How many instruments are available 78 (forex 22 pairs, stocks, commodities) ✅ Established 2020 ✅ Webinars / Education yes, slowly adding more and more ✅ Regulation yes regulated ✅ Account currency EURO, USD, GBP ✅ Payment methods Visa, Mastercard, Giropay, Sofort, Skrill, Neteller, Webmoney ✅ LiveChat Yes for real clients ✅ Customer support email / LiveChat (for VIP clients, direct telephone line) **Your capital might be at risk

IQ OPTION trading instruments

The investor initially has a choice of 79 trading instruments in the following categories: commodities

  1. foreign exchange (forex)
  2. binary options (not for EU citizens)
  3. forex options
  4. crypto currencies
  5. indices
  6. equities (stocks)

While gold is the only one commodity and only six different stock indices are offered, the selection for the other two categories is significantly larger.

Even if one or the other may find this selection too small, our experience has shown that the values ​​for the trade seem to have been carefully chosen. With the exception of indices, 24 hours a day trading is possible in all categories, with at least one asset from a specific sector being always available in the equities category. Thus, strategies that focus on a specific economic segment are very well possible.

**Your capital might be at risk.

1. FOREX TRADING

A quick glance at the foreign exchange offer: All combinations of the majors and some other currencies such as the New Zealand dollar, the Russian ruble or the Swiss franc can be traded here. There are a total of 22 pairs are available.

IQ OPTION offers you the opportunity to trade a total of 22 currency pairs. You have at your disposal not only the major currency pairs (EURUSD USDGBP, etc.) but also some smaller world currencies such as the New Zealand dollar, Russian ruble which can also be traded in combination with major currencies €, USD, British pounds etc.

2. BINARY OPTIONS

As the name of broker implies, IQ OPTION started as top notch binary options brand but has quickly turned into global trading brand (not only binary options but all kinds of trading instruments!

You can choose between two types of trading, as is the case with binary trading:

Put options and call options

Traders can use put options to speculate on falling prices, and use call options to bet on rising prices. Turbo options with particularly short expiration time frames with durations of 30 and 60 seconds are also available for trading, but due to the associated high risk, they are more suitable for more experienced traders.

Time Frames

The following time frames are available for binary options platform:

  • 30 seconds
  • 60 second
  • 2 minutes
  • 3 minutes
  • 4 minutes
  • 5 minutes1
  • 5 minutes
  • 30 minutes
  • 60 minut es
  • 24 hours
  • 7 days
  • 30 days

Particularly noteworthy is the fact that investors can also trade on the weekend when the regular trading venues are closed. For this, IQ Option offers OTC trading. This abbreviation stands for “over the counter” and means that trading takes place directly between the parties, ie between the broker and the investor, outside the regular stock exchange. Interesting are the regularly organized competitions in which traders can compete against other traders.

As of 2nd July 2020 ESMA European Union has forbidden the trading of Binary Options to retail traders who are European Union citizens.

3. FX Options from IQ OPTION

A brand new offering that was recently added into portfolio of trading instruments.

FX Options are basically a combination of real option trading and forex trading.

Why is it better than binary options ?

  • there is not anymore “0 or 1” OR “earn something or loose all” principle – meaning even in case you dont guess the trade right, you will not lose the whole amount you put at stake !
  • earning potential in case your assumption was right is unlimited
  • if you think the currency pair will go up in specified time frame then you do CALL OPTION and vice versa use PUT OPTION for declining market price
  • you will not lose more than you put at stake

4.CRYPTO CURRENCIES

Currently (beginning of 2020) there are totally 12 different cryptocurrencies that you can trade on IQ OPTION platform:

  • Bitcoin / Bitcoin CASH
  • Ripple
  • IOTA
  • Dash
  • ETHEREUM
  • ETHEREUM Classic
  • Monero
  • OmiseGo
  • Zcash
  • Santiment

We think they will add more and more cryptos over time, as new ones become popular. So far we think this choice is wide enough.

5. COMMODITIES

As the only commodity currently available, the precious metal gold can also be traded as a binary option.

6. Equities and Stock Indices

At the moment there are 49 Stocks available for trading.

Nowadays traders have up to 79 different asset classes available from commodities, forex, indices and stocks. The only commodity currently available is only GOLD and the stock indices are only six, the choice of stocks is much wider than the other two categories.
Stock indices are focused on London stock exchange index (FTSE 100), Frankfurt (DAX 30), Paris (CAC40) and New York (S&P500 / NASDAQ / Dow Jones). Besides many European and American stock titles, some Asian shares such as Toyota and Bank of China are available for trading. Overall we can say that the emphasis is put on stocks from banking and financial services, energy, the internet and telecom industry with which you can speculate.

You can trade via mobile Apps, webtrader or standalone platform.

Signup bonuses

Unfortunately, there are currently NO bonuses offered!

Regulation

IQ Option Europe Ltd. is registered at Cyprus, and is regulated by CySEC. IQ Option Ltd. is registered at Seychelles, this entity is not regulated.

How fund to your account

In addition to the two credit card variants VISA and MasterCard, IQ Option investors also have the option of using a number of internet payment services for deposits and withdrawals. The list of available providers includes Skrill, Neteller, Webmoney, and of course WireTransfer. These services handle payments very reliably. However, no detailed information is available on the fees charged when using IQ Option service for payment services. It is therefore advisable to contact customer service on this matter in order to clarify this. Because even the general terms and conditions help in this case only conditionally, as these currently, like many other contents, are only available in English. Here, from the customer’s point of view, there is still room for improvement. Incidentally, the minimum deposit that IQ Option requires from customers is relatively modest at just $10.

IQ OPTION demo

There is, of course, a demo account where you can practice your trading strategies without any risk using $10.000 virtual money. You can trade all types of assets completely stress free.

Quality of customer support

The conclusion of IQ OPTION review

“During this test we noticed that IQ OPTION platform and OVERALL services THEY OFFER are a step ahead compared to the competition! No wonder that they survived the big cleanup in binary options industry and now start to take their share in forex trading industry.”

Let us explain you why.

First of all, during our test, we noticed, that this brand puts really strong emphasis on trader’s education + on the quality and constant improvement of their trading software and last but not the least on the security of client’s funds.

Secondly, according to what we noticed, the client verification process is in line with the strictest regulation rules. In other words, IQ OPTION is one of few brokers out of all forex brokers that we tested, where you as a trader have the feeling that they want you to trade profitably and stay with them for long term, instead of just taking your money and run away (which is usually the case with many other brokers in this industry). That’s indeed a good signal for a new trader!

Last but not the least .. we think they have really knowledgeable customer support.

Similar as competition, IQ OPTION is available by phone, email, and live chat. In addition, there is also a mailing contact (a little old-fashioned but you never know when you will need it). Upon calling for customer service, a responsible client support person will either immediately pick up the line and and try to resolve your issue right away OR the system will create a so called “Problem Ticket Nbr.” where you report a problem, and employees will call you back later. This is a nice service to have, because it could perhaps save you a lot of money on your phone bills.

Broker contact details:

IQOPTION EUROPE LTD
Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus
Phone +357 25 262 010
Email [email protected]
LiveChat Yes for clients

VIDEO tutorials

RISK DISCLAIMER:

Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. 76% of retail investor accounts lose money when trading CFDs with this provider. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital.

1 COMMENT

Great info. Lucky me I found your website by chance (stumbleupon).

Digital options became available for everyone at the IQ option platform

General Risk Warning

The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

All trademarks used belong to IQ option. This is not an official IQ Option website.

Why IQ Option?

Technical analysis indicators

Fast withdrawals 24/7

Video tutorials and education

Open your IQ Option demo

The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. Binary and digital options are prohibited in EEA. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

About IQ Option

IQ Option is totally different from its competitors trying to achieve something special starting with the website design, trading platform, and extremely functional. Since first beginning a few years ago, IQ Option has created a name for itself between traders. The broker is magnificent for traders because of its solid trading platform and a diversity of assets to trade.

Basic IQ Option’s information

Company IQ Option
Incorporated St. Vincent and the Grenadines (IQOPTION LTD of St. Vincent and the Grenadines, non-EEA countries), Cyprus (IQ Option Europe Ltd, EEA countries)”
Minimum deposit $10
Maximum investment amount $20000
Deposit/withdrawal methods Credit Card, Wire Transfer, Skrill, Neteller, Boleto, Qiwi, WebMoney, CashU, iDeal, Fasapay
Trading instruments Binary options (not available for retail EU clients), Forex, CFDs on stocks, ETFs, cryptocurrencies
Assets currency pairs, stocks, indices, commodities
Number of assets 300+
Cryptocurrencies Bitcoin, Ethereum, Litecoin, Dash, IOTA, Ripple, Bitcoin Cash, Monero, ZCash
Countries all countries except Australia, Belgium, Canada, Iran, Israel, Japan, Latvia, North Korea, Pakistan, Palestine, Russia, Sudan, Syria, Turkey and the USA. Users from the following countries cannot trade from the iOS mobile application: China, Cuba, Liechtenstein, Malta, Myanmar, Turkey. Android application unavailable for: Cuba, Liechtenstein, Malta, Myanmar, Turkey
Demo account Yes, free of charge
Mobile application Android, iOS
Trading platform web-browser, standalone app
Support 24/7
Support Languages English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Arabic, Infonesian
Withdrawal 1 working day
Founded 2020

IQ Options mission

So, you’ve made the decision to begin your journey of online trading and creating a second income. But where do you begin? At iqoptions.com, we provide a range of reviews on IQ option’s, promoting advice on everything and anything to do with trading. We provide a range of tips and tricks on how you can begin trading and investment within the markets, as well as what websites you can use to begin. We support our traders with various IQ options, market updates, newsletters, calendars and stock screeners, as well as a large community of likeminded people.

Forex Trading
At IQ options, Forex trading reviews are one of the most popular among investors. Also known as FX, forex is the largest market in the world, consisting of billions of dollars in trades a day with the market continuously growing.

CDF Stocks
We also offer our traders the opportunity to look at reviews on CFD stocks. At IQ options, they will have the option to trade on a range of companies, this includes even the most successful companies listed on the stock exchange.

Options
Our traders also have the opportunity to review Digital Options. This is done through our advice, predicting whether or not an asset will increase or decrease in value.

24/7 Support Services
We provide all of our traders with a 24-hour support service. Our IQ options team will be on hand to answer any questions you may have regarding anything on our website.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

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