IQ Option South Africa

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Contents

IQ Option Broker Review

Min. Deposit USD 10
Max. Leverage 1000:1
Min. Spread 1.1 pips
Regulators CySEC
Regulator Origin
Trading Desk Type Market Maker

Most retail CFD accounts lose money. Your capital is at risk.

Summary

Regulated by major regulatory organisations including CySEC, IQ Option focuses on making CFD and Options trading accessible and exciting for traders. An award-winning browser-based platform and connected apps; this accessible software changed the way options trading is done online.

With accessible accounts with 10 USD minimum deposits, video education material, and 24/7 customer service, any Forex trader who is also interested in binary options trading on the same account, should consider IQ Option as their brokerage.

Reviews

Trust Rating
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
Beginner Friendly Standard
Bonuses None
Our Review Process

Trading Conditions

Minimum Deposit USD 10
Base currencies EUR, GBP, RUB, USD
Number of FX Pairs 57
Hedging Allowed No
Scalping No
Swap-Free Accounts No

Average Spreads

EUR / USD 1.1
GBP / USD 1.29
USD / JPY 9.2

Company Details

Company name IQ Option Limited
Founded 2020
Website iqoption.com/en
Type Market Maker
Regulators CySEC
Office locations St. Vincent and the Grenadines

Deposit & Withdrawal Methods

Supported Platforms for IQ Option

Is IQ Option Safe?

IQ Option was the star of the award shows in the years following their launch as a binary options broker. Winning a set of awards for the innovation and performance of the platform, including Best trading platform (Forex Awards 2020) and Most innovative binary options platform and Best Mobile trading platform (IFM Awards 2020), it is well established that the industry recognises the quality of the technology.

Additional recognition as the World’s leading binary options broker (2020) and Best binary options broker Europe (2020) affirmed that the brokerage was providing a recognised service on the technology.

IQ Option Europe Ltd has been regulated by CySEC (license: 247/14) since 30/07/2020. IQOPTION LTD is registered at St. Vincent and Grenadines, this entity is not regulated.

Considering the regulation and oversight on IQ Option, along with the industry recognition for innovation and quality of the execution at the brokers, IQ Option should be regarded as safe.

Sign Up with IQOption

IQ Option for Beginners

IQ Option is a fun platform and has made trading options extremely enjoyable and accessible via mobile applications. There are competitions and other bonuses that encourage players to keep playing, the platform is intuitive, and there is 24/7 phone customer service in 13+ languages to help get traders going.

Educational Material

The education material at IQ option is a series of videos that are split into categories. While most of the videos cover issues of market news, there are a set of videos that cover how options work, the basics about the IQ Option platform and an introduction to CFD trading.

A large portion of the material is focused on cryptocurrencies and limited information on anything substantive and educational about trading overall.

Analysis Material

A Facebook-style news feed of 3rd party economic news is freely available to all visitors to the IQ Option website along with a small section on expected high volatility news events. The rest of the analysis comes in the form of tools built into the platform which will be covered later.

Customer Support

IQ Option has a 24/7 telephone and live chat customer support service. Most countries have a toll-free phone option while others are charged at local rates. Customer service is available in 13+ languages to ensure a good customer experience.

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Trading Conditions

The trading accounts are very generous for new traders, making it easy to get a live account with limited funds. Because IQ Option is a market maker, they should be more open with their spreads on Forex and Crypto CFD products, as this is one of the significant factors that other brokers are very transparent about.

Account Types

Opening an account at IQ option is easy as they support account creation by using your existing Google or Facebook account, or fill out a form to include your name, and email address. All of the KYC (know your customer) information will be added later in your profile before you can deposit and trade. Every account is assigned a personal manager, monthly trading analysis and expedited withdrawals in under 24 hours.

Demo Account

This account will allow you to get to know the platform and how it works before you invest any real money. Upon opening the account, it is loaded with $10,000 in virtual dollars for trading with 400+ assets. Should the demo account close, contact IQ option and they will renew the account, meaning you can extend the lifetime of your demo account indefinitely.

Real Account

Ideal for newcomers to IQ Option, this account requires only a 150 ZAR minimum deposit and makes 400+ trading assets available. Participate in trading competitions, make withdrawals of your funds in under three days. Note that the maximum leverage offered is different for European countries and restricted to 1:30.

VIP Account

For the more serious trader, the minimum deposited is lifted to $1900 within 2 months. The VIP-status isn’t available for regulated traders.

Spreads and Commissions

IQ Option is a market maker where trades are not conducted on the open market and instead transacted on an internal exchange. While this is standard for market maker brokers, we could not find any openly published information on minimum and average spreads.

It is rumoured however that the spreads for USDEUR are between 15-20 pips which is significantly higher than any other brokers we have listed.

Deposit & Withdrawal

Depositing funds is secure, and some e-wallet solutions are available. Visa and Mastercard are accepted for deposits and free of any administration charges.

The withdrawal system favours withdrawing profits with e-wallets. If you are withdrawing more than you initially deposited using a credit card, the amount that you deposited via credit card will be returned to the card, while the additional amount will be sent to you via e-wallet (free) or via bank wire (31 USD). If you deposited with e-wallet, then all funds will be sent back to that same e-wallet. Payments take three business days for IQ Option to process.

Note: Regardless of the amount withdrawn, IQ Option charges a flat fee of $31 or equivalent in local currency for Bank wire withdrawals.

Inactive Account Fee

After 90 consecutive days of no trading activity, an account is considered inactive, and a fee of 10 EUR, or local equivalent, will be charged until the account becomes active again.

Trading Platform

The IQ Option platform has Binary Options, Digital Options, Forex Trading and more available to customers. This variety makes it easy if you want to trade more than just Forex Trading, and why we keep the review on this website.

Central the tool is the list of currency pairs you can trade. Next to the currency in the list, you can see a glimpse of the research area as it shows the profitability over the 1 and 5-minute trading intervals.

The next layer down in the platform is the monitoring of 4 assets in more detail, each with a trading screen so multiple trades can be monitored. This is the platform showing its diversity as with the below example; the assets can be from different classes – this example shows the USD/ZAR and CAD/CHF currency pairs, Bitcoin, and Brent Crude Oil. This complexity of data and structure is unique to IQ Option.

Research & Education

IQ Option offers research tools directly in the browser. Below is an example of the single currency view where we have the pair USD/ZAR plotted. Straight from this screen, the trader can either speculate on the value of the currency pair either decreasing or increasing. You can see the simple functionality showing in the “higher” and “lower” buttons to the side of the screen.

Here is an additional view of the USD/ZAR currency pair, showing market momentum and other layers on the graph. In this screenshot, I am monitoring new currencies at the top of the screen while setting up a 1000 USD put trade.

IQ Option – The Social Platform

On IQ Option, leaderboards are visible showing the better traders of the week and even localised down to South Africa. Congratulations to Emily M. I think this aspect makes the platform a little more fun, but traders should not only focus on this playful component and forget the seriousness of trading, as losses are just around the next corner. Tournaments are also available to traders who wish to participate, however these tournaments are not available to regulated users.

Evaluation Method

We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the IQ Option offering. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker.

IQ Option Risk Statement

Trading Forex is risky, and each broker is required to detail how risky the trading of Forex CFDs is to clients. IQ Option would like you to know that: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overview

IQ Option has won awards for the strength of their binary options business, as well as the technology that supports the experience. It is unique, fun, and has done something very different by incorporating high-quality design into a financial trading application. While the trading conditions are hidden, and the educational section is limited, IQ Option is a leading global binary options broker.

Most retail CFD accounts lose money. Your capital is at risk.

IQ OPTION – broker news, reviews, strategies & systems

How to trade on the stock market based on information about the coronavirus epidemic.

IQOPTION tournaments – how to trade and win prizes

Up to 100% Binary Options profitability on IQ Option

Available currencies on IQOption

Torunament Copa IQoption Brazil 2020

IQOPTION BROKER TRADING MAGAZINE – FOR ALL IQOPTION FANS AND TRADERS – not official

IQOPTION tournaments – how to trade and win prizes

Place where you can buy cannabis assets – marijuana online

Alternative to Binary Options for traders in Europe – FX Options

How to start trading with IQOption – official webinar from YouTube

General Risk Warning: The financial services provided by this website 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. This is IQoption EU trading portal: iqoption review: education, questions, login, account opening and payment issues

IQoption news for traders

How to trade on the stock market based on information about.

Up to 100% Binary Options profitability on IQ Option

Available currencies on IQOption

Torunament Copa IQoption Brazil 2020

Personal Investment

How to trade on the stock market based on information about the coronavirus epidemic.

How cryptocurrency wallet differs from the bank?

Promotions

Can you play poker for cryptocurrency?

IQ OPTION New Year’s contest – amazing prizes

AMAZING EXPERIENCE OF BINARY OPTIONS TRADING ON IQOPTION PLATFORM. Do not wait. Login and open account now.
1 Click. 60 Seconds. Profitability up to 90%*

* Amount to be credited to account in case of successful trade

Binary and Digital Options are prohibited in EEA

IQ OPTION CURRENT OFFER
Do not wait. Login and open account now. Binary and Digital Options are prohibited in EEA

ตรวจสอบข้อเสนอปัจจุบัน
อย่ารอ. เข้าสู่ระบบและเปิดบัญชีทันที ตัวเลือกไบนารีและดิจิตอลไม่ได้รับอนุญาตใน EEA

Periksa tawaran saat ini
Jangan menunggu. Login dan buka akun sekarang. Pilihan Biner dan Digital dilarang di EEA

Compruebe la oferta actual
No esperes. Inicie sesión y abra la cuenta ahora. Las opciones binarias y digitales están prohibidas en EEA

IQ OPTION Aktuelles Angebot
Warte nicht. Einloggen und Konto eröffnen Binäre und digitale Optionen sind im EWR verboten

Controllare offerta attuale
Non aspettare. Accedi e apri l’account ora. Le opzioni binarie e digitali sono vietate nel SEE

Não espere. Entre e abra a conta agora. Opções binárias e digitais são proibidas no EEE

Vänta inte. Logga in och öppna konto nu. Binära och digitala alternativ är förbjudna inom EES

기다리지 마. 지금 로그인하고 계좌 개설. 이진 및 디지털 옵션은 EEA에서 금지됩니다.

N’attend pas. Connectez-vous et ouvrez un compte maintenant. Les options binaires et numériques sont interdites dans l’EEE
Ce site n’est pas destiné à être vu par les résidents de France. S’il vous plaît quittez la page si vous êtes situé en France.

Этот сайт не предназначен для жителей России. Пожалуйста, оставьте эту страницу, если вы находитесь в России.

Beklemeyin. Giriş yapın ve şimdi açın. AÇA’da İkili ve Dijital Seçenekler yasaktır

Nie czekaj. Zaloguj się i otwórz konto teraz. Opcje binarne i cyfrowe są zabronione w EOG

GENERAL INFORMATIONS ABOUT IQ OPTION

General Risk Warning: The financial services provided by this website 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.

Online Trading Platform – review of IQOPTION (Binary Options Broker)

The platform itself has also undergone plenty of changes since 2020, and IQoption is always working hard to improve its performance and ensure it is fast, accurate and easy to use.

Cryptocurrencies, Forex and Options (Binary Options & Digital Options) CFDs on Stocks, ETFs, Commodities

IQOption was founded in 2020. Great professional service, unique experience made them on of the most popular brokers. They quickly became one of the world’s fastest growing online trading platforms. To date, IQOption has amassed millions of traders, with more signing up every day!

IQOption has recently expanded its offerings, and it’s clients can now trade CFDs on stocks and ETFs, Forex trading and access the exclusive IQOption product called Digital Options & Binary Options that are available only to ​Professional clients​.

In addition to the improvements to the platform IQoption has introduced a range of great new products, because IQoption is committed to providing all traders with the ultimate online trading experience.

IQoption clients can get involved with online CFDs on currency pairs, CFDs on stocks, CFDs on commodities, CFDs on cryptocurrencies, CFDs on ETFs, as well as Cryptocurrencies like Bitcoin, Litecoin (and many more) and Options (Binary Options and Digital Options are only available to Professional Clients​). Professional clients can diversify their investment portfolio in the process.

IQoption also developed a cryptocurrency wallet called Hodly.

Do not wait. Login and open account now.

IQOPTION overview – trading platform since 2020

  • Founded: 2020
  • Minimum deposit: $10
  • Minimum trade: $1
  • Return: 91% in case of correct prediction (or successful trade)
  • Support: 24/7
  • Deposit/withdrawal methods: Credit Card, Wire Transfer, Skrill, Neteller, Boleto, Qiwi, WebMoney, CashU, iDeal, Fasapay,
  • Assets: currency pairs, stocks, indices, commodities
  • Countries: IQoption accepts all countries except USA, Canada, Australia, Japan, Russia, Turkey, Israel, Syria, Sudan and Iran. Users from following countries can not trade from iOS mobile application: Malta; Android application unavailable for: Malta, Myanmar, Liechtenstein, Cuba. (For the current list of accepted/prohibited counteries always visit official iqoption website)
  • Demo account: Yes, free of charge
  • Mobile application: Android, iOS
  • Trading Platform: web-browser, standalone app
  • Support Languages: English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Arabic, Indonesian
  • Withdrawal: 1 working day

Do not wait. Login and open account now.

We try to keep this website updated but for most up-to-date informations always visit official website. The above information may be outdated.

How to Make Money With IQ Option in 2020 | A Complete Trading Guide

As a personal finance writer of Forex, Options and financial instruments; the question that I am asked the most is if a broker is legit. And if it is genuine, most traders still go ahead to ask about the trading conditions which make a broker stand out from the rest.

Admittedly I have had to answer a few questions here and there about IQ Option too? And it is quite important that today we review the platform.

Watch Video | Complete Guide of Binary Options.

So expect all info about this broker, scam checks and certainly a genuine thought why IQ Option is the best in Options Trading, Forex and ETF’s.

But even as you prepare to take that great first step to register, remember to trade responsibly: –

What is IQ Option Trading?

IQ Option is a simple trading platform that allow online clients to trade Forex, Option and ETF’s on various instruments across all popular assets (cryptocurrencies, stocks, indices, currency pairs and commodities).

IQ Option is a simple trading platform that allow online clients to trade Forex, Option and ETF’s on various instruments across all popular assets (cryptocurrencies, stocks, indices, currency pairs and commodities).

The company was founded in 2020 and it has since grown to gain over 25 million traders over the years.

Currently IQ Option does over 1, 800, 000 trades per day where traders withdraw over $10, 800, 000 per month.

As at 2020, IQ Option accepted traders from 151 countries including: –

Find the rest of the List on IQ Option Website.

Is IQ Option Legit?

Of course it is. This is if to go by the fact that it is licenced and regulated by the Cyprus Securities and Exchange Commission (CySec). A body which regulates brokers in European Union among other jurisdictions.

Of course it is. This is if to go by the fact that it is licenced and regulated by the Cyprus Securities and Exchange Commission (CySec). A body which regulates brokers in European Union among other jurisdictions.

To obtain such licences a broker has to meet specific minimum requirements which IQ Options supersedes – including: –

Safety of Client Funds – money to be kept in a secure account that which is separate from broker business.

Protection of client data – IQ Option is fully SSL encrypted – this protect trader data from any potential hacks.

Details of Assets Available For Trading in IQ Option.

1. Stocks – IQ Option has 168 stocks that are available for trading in the platform. These include stocks by major companies such as Apple, Amazon, Microsoft among other listed corporations.

2. Options – With IQ Option users can Call Option (Buy) or put Option (Sell) different trade instruments across a varied assets range.

3. Forex – IQ Option Offers a huge range of currency pairs both for the traditional Forex trading and Cryptocurrencies.

4. ETF’s – Also Exchange Traded Funds are marketable securities that track a stock index on a range of assets. Prices of ETF’s change throughout the day as they are bought r sold. I IQ Option there are 21 ETF’s available for trade.

5. Cryptocurrencies – IQ Option allows users to trade over 10 cryptocurrencies which include all the top cryptos – Bitcoin, Ripple, Ethereum…

6. Indices – Traders who believe that particular stocks can increase overall in the future or in a short period of time can also speculate on particular indices in the market. IQ Option Offers 11 options to trade indices.

7. Commodities – You may also want to trade in the primary economic sectors by speculating changes in the prices of commodities such as wheat, gold, silver, platinum among other commodities. IQ Option offers 6 commodities for traders.

Signing Up With IQ Option.

There are so many easy ways that you can use to sign up to IQ Option – including signing up through Facebook, Google or simply click on the image below to register. You will be redirected to your new account with $10,000 demo units which you can use to practice for free. On real market conditions.

There are so many easy ways that you can use to sign up to IQ Option – including signing up through Facebook, Google or simply click on the image below to register. You will be redirected to your new account with $10,000 demo units which you can use to practice for free. On real market conditions.

Only note that demo accounts are solely for the training purpose and you can not withdraw any profits you make off your forecasts. On the brighter side, it’s risk free (you don’t lose real money with demo accounts).

Types of Trading Accounts in IQ Option.

Real Accounts – IQ option live accounts are activated with a minimum deposit of $10. This also introduces you to over 70 options instruments to trade on either commodities, currency pairs or stocks.

If you win you can withdraw your winnings and receive them within 24 hours. IQ Option minimum withdraw-able amount is $10.

VIP Accounts – VIP accounts are activated when traders make a lump sum deposit of $3,000. This opens up more features to the trader like trader getting a personal account manager, monthly reports on trading performance among other gifts and benefits.

IQ Option App for Trading.

For easy and flexible trading IQ Option has designed mobile friendly apps both for Android and iOS users . That’s in addition to desktop apps and browser applications that are also easy to use.

IQ Option platforms also have chats and messaging tools that you can use to seek help without ever leaving your trading platform.

Even more amazing is there integration of educational materials and videos to the platform making it easier to learn anything about trading from anywhere in the world.

How To Use VISA to Deposit IQ Option in Kenya.

Step 1 – Login to your account or create an account if you don’t already have one.

Step 2 – Click on the deposit button on the sidebar.

Step 3.

IQ Option has 6 payment options available – including AdvCash, Neteller, Skrill and Webmoney.

But for the purpose of this subtitle we will use VISA. So click on the VISA button, choose the amount you’d like to deposit (from $10) then click the green go to payment button on the page.

A blank VISA card image will pop up. Fill in the required card details then click pay.

Note that IQ Option does not charge deposit commissions. Neither do they charge commissions on withdrawals.

How to Use Skrill-Mpesa to Deposit in IQ Option in Kenya.

If you want to receive your funds faster when you withdraw then the best deposit option would be either of the online wallets.

For the purpose of this subtitle we will show you how to make deposits to IQ Option with Skrill. If you are in Kenya you can as well fund your Skrill account with Mpesa first (this option works for Neteller too).

Step 1.

Click the deposit button on your sidebar.

Step 2.

Select Skrill from the payment options > select the amount you want to deposit then click go to payment.

You will be redirected to a new page where you will enter your skrill login details.

Your deposit will be processed when you click the login button.

IQ Option Contact Details

Your can contact IQ Option through a number of Channels including Email, Live Chat, Contact forms or landline calls. The platform responds to all queries within 46 seconds.

If you’d like to get personal care with the fastest response rate, upgrade your account to VIP. which guarantees a personal account manager.

IQ Option Email.

Is IQ Option a Scam?

Basing our argument on overwhelming positive reviews that we have seen online and on social media platforms about this broker, we say it is genuine. That coupled with the fact that it is open and puts everything about the platform out there for public knowledge. And not to mention that it already gives upfront warning about the risk of trading which most brokers don’t do.

Basing our argument on overwhelming positive reviews that we have seen online and on social media platforms about this broker, we say it is genuine. That coupled with the fact that it is open and puts everything about the platform out there for public knowledge. And not to mention that it already gives upfront warning about the risk of trading which most brokers don’t do.

Risk Warning.

When trading any of the underlying assets on IQ Option know that the market is volatile and you can lose so much money online. To avoid that, take your time trading with the demo account to learn more about the platform. Also do your research about any service which you don’t understand before risking your money. Above all only risk what you can afford to lose.

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Best Binary Options Brokers 2020:
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    Get Your Sing-Up Bonus Now!

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