IQ Option Website Review

IQ Option is a reliable financial services provider based out of Cyprus. IQ Options Europe Ltd manages the company. The Cyprus Securities Exchange Commission (CySEC) is responsible for regulating the company’s operations. CySEC has categorized the company as a Cypriot Investment Firm (CIF). IQ Option was established in 2013 by Dmitry Zaretsky. It has an approved CIF License. The company is headquartered in Cyprus.

This online financial services company has earned a popular name in the European Economic Area (EEA). It is considered one of the best for online trading. It provides trustworthy online trading services for traders. IQ Option is one of the client’s favorites when it comes to forex transactions and cryptocurrencies. It has low spreads and a very minimum deposit amount.

IQ Option is a new age online trading forum that aims at accessibility and transparency. It enables traders to access the best prices that were normally known to be features of banks. The company has been in business for a short period but has already established a repute.
IQ Option runs its operations in a transparent manner. It received an award for the Most Trusted Broker in 2017 and 2018. It has a safe and advanced trading platform.

Reliability and Operation

In just seven years, IQ Option has been recognized as one of the top companies in the industry. The company has been awarded several times for its reliable services. It is a regulated forex broker under the control of CySEC.
The CySEC regulated company follows systematic guidelines for its operations. The company is also MiFID compliant, which permits them to cater to clients within the European Economic Area (EEA). IQOption is part of the Investors Compensation Scheme. This is an extremely beneficial feature for clients. It ensures that each of IQ Option’s customers’ funds is secured up to an amount of 20,000 euros. This adds an extra layer of trust for its clients.

The company handles its international options through a twin company called IQ Option Ltd. This company is the Seychelles Financial Services Authority (FSA) approved and regulated. It has its headquarters in Mahe, Seychelles. Traders from countries outside the EEA can use this international platform for their transactions. This gives the company an opportunity to excel at a global level.

The company is well appreciated for its $1 minimum investments, and it’s signature 1-minute deals. IQ Option is also popular for its informative blogs that are designed to educate clients on industry trends.

Dynamic Platforms

Most online forex brokers and trading platforms operate using standard trading platforms. However, IQ Option has chosen to give its clients a proprietary trading platform. This is designed in a manner that caters to specific trading needs. This trading platform offers CFD services and provides binary options for trading.

The platform created by IQ Option is user-friendly and offers a great market analysis. IQ Option has advanced trading tools. Some of the indicators available on this platform are Moving averages, MACD Bollinger Bands, and RSI.
One of the unique features of this platform is the ‘position top-up.’ This feature enables a trader to keep an open trade if it is resulting in losses. It gives the traders a window to recover before shutting the trade. There are certain risks associated with online trading, so this gives traders a risk management strategy.

These superior features and tech tools offered by this company makes it an effective platform. This increases flexibility for the traders. The company aims at constant innovation and ensures the use of cutting edge technology to give the best results.

Transactions and Accounts

IQ Options offers traders to open three types of accounts, Demo account, Standard account, and VIP account. The minimum deposit amount for a Standard account is $10. If a client wishes to open a VIP account, the minimum deposit amount is $1900. However, VIP account holders must reach a $15,000 trade volume.

VIP accounts have proven to be better for traders due to their additional benefits. Traders may receive perks like free promotions, 3% extra returns, as well as a personal trading manager. However, for amateur traders, it is logical to initially register for a demo account.

IQ Option hosts various trading competitions where traders can participate and earn profits. The company allows transactions to take place through bank transfers, credit/debit cards, as well as online payment portals. It is an excellent platform for day traders as well as amateurs.

Forex, Cryptocurrencies, and Assets

IQ Option offers a product called FX Options. This product gives fixed risk investments. This is quite similar to binary trading options. Each FX option has an expiry, and the future pay depends on the asset price. This increases the chances of payouts to reach a high of 2000% or higher.

Cryptocurrency Multiples are products that are only available to traders outside the EEA. These function in the manner of trade leverage. The asset prices get magnified. After attaining popularity, IQ Option has expanded this product to Bitcoin, Ethereum, Ripple, IOTA, and many others.

IQ Option offers a range of more than 70 instruments and assets. It also offers close to 12 types of cryptocurrencies. The company’s list of stocks and shares have gone beyond 150. IQ has also added gold, silver, and oil to its asset lists.

Why trust IQ Option?

Minimum Fees- IQ Option charges bare minimum fees for trading. It might charge 10 euros for a dormant account to maintain a minimum balance.

● Advanced Tools- IQ Option offers advanced analytic tools that give traders options to choose from. This helps in extensive market analysis and increased profits.

● Assets- The company has a wide range of around 70+ assets and instruments to choose from. This boosts trades and increases options for traders.

● Video Tutorials- IQ Option offers video tutorials to inform traders about industry trends.

● Trustworthy Platform- The CySEC approved company has a transparent and trustworthy platform that is the best for online trading.

● User-Friendly Interface- IQ Option has a great user interface. It’s UX allows even amateurs to swiftly use the application.

● Mobile Application- IQ Option has an efficient mobile app that is great for making trades convenient.

● Reliable Customer Service- IQ Option’s 24-hour customer service is quick and transparent with its clients and gives speedy redressals.

Summing Up

IQ Option offers a reliable, tested, and efficient online trading platform. It has a brilliant user interface and is popular for its low spreads. It is a reputed name in the online trading industry and has thousands of satisfied clients.

The company has used advanced trading tools to offer a seamless trading platform. It is CySEC approved and has a valid license. The company is appreciated for its quality customer service and cooperative team.

IQ Option has an informative website that offers tutorials for traders who are willing to learn about the industry. It has minimum operational fees and has helped traders make great profits in the past seven years. It is a landmark platform for online trading as it operates through innovation and transparency.

FAQs

Does IQ Option charge any inactivity fee?

IQ Option charges €10 after 90 consecutive days of inactivity to maintain an account balance. This is done as an assumption that the account balance has reached zero.

Is there a minimum deposit amount on IC Markets?

Yes, IQ Option asks clients to deposit a minimum of $10 USD. Clients from different countries can pay the deposit amount in their respective currencies. This is one of the lowest deposit rates in the industry. It seeks to allow clients to settle without much hassle.

Is it possible for an amateur to trade using IQ Option?

Amateur traders can access the video tutorials offered by IQ Option on their official website, https://iqoption.com/. These videos help and inform traders to make the right decisions. The videos also guide a trader to access the best prices.

Is IQ Option trustworthy?

IQ Options is a reliable platform as it has been tried and tested by thousands of clients. It is approved by the CySEC, which lowers trade risks to a minimum.

How many kinds of accounts does IQ Option offer?

IQ Option offers three kinds of accounts, standard, demo, and VIP. The VIP account holders get more benefits and regular promotions and trading competition access.

Is the withdrawal process at IQ Option quick?

Yes, IQ Option normally processes withdrawals within a few hours on a working day. The maximum time it takes is one business day.

What kind of a platform does IQ Option offer?

IQ Option offers a proprietary trading platform that is better than traditional platforms because it offers specific trade options. This is a unique feature, and it helps clients get access to profitable prices.

Does IQ Option offer profitable leverages?

IQ Option offers very high leverages that may go up to 1:500 for the non-EEA clients. This is very beneficial for making profits during a trade. EEA traders face a leverage cap of 1:30.