IQ Option Review: Binary trading is getting very popular among investor, not only this investor from all sectors are trying to get into binary trading, even a person, who has never done any kind of investment or sort is trying to get into binary trading. The word ‘Binary’ basically means one or zero, so in Binary options trading there are two options either you can earn some money or you could lose them.
IQoption is a bit different from all other brokers we have reviewed. We like unique brokers, especially when they are regulated and reliable for our traders. Some of the interesting fact about this broker is that it allows traders to start trading with demo account without the need to deposit real funds.
One of the rare brokers that allow low minimum deposit amount of just $10! Read more about IQoption broker review and check what innovative features they offer.
Website : www.iqoption.com
IQ Option Review – Best Binary Broker!
The money or no money option pays some fixed amount of cash if the Option expires in the money while the asset or nothing pays the value of the underlying security.
IQ Binary Broker Review
For doing Binary Trading there are multiple sites available, from which you can do Binary trading but, out of those hundred sites, which one is the best? which one have the best features? Which one has the best UI? These are some of the questions which will come in your mind before you start binary trading, well, in this case, you can go with a site called IQ Option, which can be said as one of the best sites for doing Binary trading.
It doesn’t matter, you are new to trading or you are someone who is an experienced investor, you can easily start up with this site.
IQOPTION SPECIAL FEATURES
Most important to say is that IQoption offers completely free demo trading account. This is something we like with this broker, as fresh are not obligated to invest real funds if they don’t want to. Another amazing advantage of IQoption is its minimum deposit amount, that is under industry average – only $10. Probably the lowest minimum deposit allows beginners to carefully invest their funds without fear they will lose higher amounts. Traders are allowed to use more interesting features after investing some additional deposits.
We consider IQoption as a perfect match for trading newbies. Free demo account, low deposit and low requirements for real trading accounts. Start your binary career with IQoption and become experienced trader without much knowledge.
IQoption has prepared three different trading accounts. As it is already known, every account asks for minimum requirements that will help you unlock additional features. In IQoption case, requirements are so basic that traders can become VIP clients with investing only $3000, which is enormously lower than it is with rest brokers. IQoption is the extremely user-friendly broker that has focused on providing knowledge to their clients. They believe that investing in trader’s knowledge brings better results and we are supporting this opinion.
The first step where IQoption wants you to start learning is free demo account that will bring you insight into a trading platform and its features. Our review team has also registered with a free account to enjoy free services of this broker.
IQoption Demo Account
Includes free $1000 of virtual funds that should be enough to get feeling for trading and placing first trades. Demo account brings 100% safe trading without any risk. Traders are invited to join demo account to test the platform and to practice with different trading strategies. Traders are welcome to signup by using their Facebook or Google Plus account as this may be a faster solution. After signing in, the header should get registration mail with an activation link that should enable your trading account with IQoption.
IQoption Real Account
Perfect for beginners as it asks for only $10 to start real trading. Real account enables access to all trading assets. IQoption real account lets traders get information about trading competitors.
IQoption VIP Account
This account starts with only $3000. VIP clients have an opportunity for fast withdrawals, but we advise them to check withdrawal policy before making first withdrawal requests. IQoption VIP account includes personal account manager who will be available for any pieces of advice and questions. IQoption supports monthly analyst meetings with VIP clients. Meetings suppose to help discuss further trader’s strategy.
Traders are welcome to parallelly follow IQoption interactive education system which will certainly improve his knowledge. Education section is available in more languages that, besides English include French, German, Polish, Japanese, Turkish etc. Most important is that trader gets appropriate information from his broker and IQoption focuses on spreading as much possible useful data to its clients.
IQoption has won many awards for its innovation products and the latest award has been given for “Most Innovative Binary Options Broker” on ShowFX conference in Moscow.
IQOPTION TRADING SOFTWARE
Trading platform provides an excellent experience, even with demo account we have tested. The software platform is called IQoption which means this broker has managed to personalize platform based on their preferences.
Today IQoption is supported by IQoption 4.0 version. We were thrilled from the very beginning as we can say that IQoption offers extremely innovative and simple platform solution. During our analysis, we have come to the conclusion that IQoption implemented platform in their whole website which will give unusually good experience to its traders. The trading platform is connected with IQoption website and all of its tabs and links.
When we have logged on a demo account, IQoption platform continued to offer all links on the sidebar. This is a very good intention that offers traders to interact with the page while trading. The right side of the platform offers navigation panel which enables users to place trades. The Central part of IQoption platform has placed graph tool.
When we speak about trading options, IQoption offers High / Low and 60 seconds trading. When a trader decides to switch between options, he can do it on the left side of the portfolio.
Expiry times start with 60 seconds, 2 minutes, 5 minutes, 15 minutes, 1 hr and End of Day.
Trading platform also includes withdrawal and deposit section where traders can also choose between various bonus promotions. IQoption allowed investing funds through the interface without the need to contact an account manager. We are overwhelmed with platform and traders will definitely like this simple approach.
Like most of the brokers offer, IQoption also provides a mobile version that enabled trading on the go. To activate mobile trading, the trader needs to download Android or Apple application which can easily be found on market stores. Mobile application is free of charge. We just want to point out that mobile version provides only high/low and turbo options. Traders who search for exotic options will have to use the desktop platform.
*Traders who trade from Canada are not allowed to use IQoption desktop platform, but they can use mobile platform instead.
IQoption supports commodities, indices, stocks and currencies.
IQOPTION SUPPORT INFORMATION
Support is considered as one of the most important things with every broker. IQoption clients are given to contact them through email and live chat. We need to point out that live chat is only available when you register (even with demo account).This is something that might look as negative since most traders want to find out information about trading before creating an account.
Traders who have registered only with demo account can contact live support directly from the trading platform. For those more conservative traders, we are missing information for phone support, so email and chat stay the only two options at the moment. Support email is firstname.lastname@example.org
The site supports more than 13 languages which will be helpful for traders that are not so secure with English. We have tested IQoption live chat and we got an answer in just a few seconds.
IQOPTION BANKING AND COMPANY INFORMATION
IQoption provides plenty financial methods traders can deposit and withdraw their funds. The banking system is very organised and easy for use. All services are available through the trading platform and traders will be able to control their investments in just a few steps.
IQoption is regulated by CySEC, FCA, Consob, Regafi and CNMV and available for all traders except Japan, Australia, and the US.
Things to know about IQ Option Binary Trading:
- Before getting started you should certain things about this site, which attracts every investor to their site:
- IQ Option site has more than 11 million active users, which is outstanding.
- More than 1.5 million trades are done per day in IQ Option.
- It can be accessed by using any browser, the application can also be downloaded on a PC.
- IQ Option site also offers an app, which can be downloaded on your Android or iPhone smartphone.
- Beginners can start a website with a demo account with a minimum deposit of 10 $, and after getting some experience, they can upgrade to a premium account.
- Users can invest a minimum amount of 1 $ to a maximum amount of 1000 $.
- Binary Options Broker site allows you to trade in currencies like USD, AUD, NZD, RUB, CAD, EUR, Yen.
- What makes the IQ Option Broker site one of the reputed sites is that the IQ Option site doesn’t take any kind of hidden fees like other Binary trading sites.
- Users are also given various promos which can be redeemed and used for that for trading purposes.
- The IQ Option site offers a customer support of 24*7 and all the seven days of the week.
- The dashboard contains an option called leader board, which allows the users to see what other investor are trading, suppose you are following someone who is a master at this and an experienced person at trading, then by using the leader board menu, a user can easily follow the experienced user.
- The dashboard also comes with an option which allows the users to get in touch with the recent news of the market, so that the users can stay aware what is going in the market and invest more carefully.
Advantages of using IQ Option Broker Site:
- The site offers bonus returns of up to 92 %, which is an excellent number for an investor.
- Very good and attractive layout which will catch anyone’s attention.
- The IQ Option Broker site is regulated by the respected and reputed CYSEC agency.
- As mentioned before, the site offers 24 /7 customer support and that also all the seven days of the week
- Users are allowed to do a minimum investment of 1 $.
- Other than PCs, the IQ Option Broker site can be accessed from even a smartphone, so a user doesn’t need to sit in front of the computer all the time for monitoring
- The IQ Option broker site offers interactive learning tool which can be used any newbie for learning.
Cons of IQ Option Broker Site:
- Although, the site has got many positive things, but the site also has some cons, and the biggest one is that, even after offering many great features, the IQ Option Broker site doesn’t allow live chat with the customer support.
- An investor from Japan or from the United States of America cannot use this awesome binary trading site.
The first thing which you have to do this signing up with the IQ Brokers Site, you just need to fill up a form, after that, a verification is done and then make a deposit of 10 $ to get started, and guess what this is the lowest deposit offered by any broker site.
A user can also take help of a video, which contains all the details on how to open an account.
They are many bonuses which are too good to be true. While trading on this site, when you reach some milestone you will receive bonuses. If you are lucky, you can earn up to 100% bonus, which is just amazing. The IQ Option broker site also offers 80 % signup bonus.
Account types available in IQ Broker Site
IQ Option Broker site offers two types of account, like IQ Option Real account, and IQ Option VIP account.
IQ Option Real account: The IQ Option Real Account offers a minimum amount of 10 $, cash back up to 45 % is available, all asset available in the site can be used, weekly Webinars are done, real account users can also enter web brokers trading competitions.
For getting a VIP account, an investor needs to make a deposit of 1000 $, cashback of 60% bonus are given, a user can join in a VIP webinars, VIP users can get a bonus of 100%, a VIP account holder is also given a personal account manager.
After reading all these things, you can easily understand why IQ Option Broker site has become so popular and getting more and more users every day, users are given access to various webinars, through which they can learn a lot of new things. Till now, no other Broker’s site has not been able to match their payout and rebate ratios. As said before no other site allows a user to start with a deposit of $10.
The IQ Option Broker offers a very good customer support available 24/7 hours and 7 days of a week, premium users are also given a personal manager, which is outstanding. It is quite impossible that any investor will be disappointed or regret after doing trading with the IQ Option Broker site.