IQ Option


IQ Option Binary Options Trading in 2019 - Scam or Safe?

IQ Option 120x80IQ Option has gained the trust of the traders/investors ever since its launch in 2013 and offers a large range of financial instruments like Binary Options, Forex, stocks as well as cryptocurrencies. Traders from Europe as well as rest of the world prefer to trade Binary Options with the online broker, IQ Option. Being regulated by several reputed institutions, one can say that the Binary Options broker offers a safe trading experience.

 

 


 
iqoption web
IQ Option Website

Overview:

  • Minimum Deposit: $10
  • Minimum Trade Amount: $1
  • Maximum Return: 95% *
  • Tradable Assets: over 500 assets
  • Regulated by: CySEC (IQ Option Europe Ltd, Cyprus). IQ Option Ltd (Seychelles) is not regulated.
  • Demo Account: Yes

Note: Your capital is at risk


 

License & Regulations

One of the best ways of proving a Binary Options broker not a scam is to check out whether it is regulated by any authoritative institution. In Europe, IQ Option Europe Ltd is regulated by Cyprus Securities and Exchange Commission (CySEC). The broker has been permitted by the regulatory bodies of several countries to operate there. IQ Option Ltd. is registered at Seychelles and is not regulated.

 

Registration

The registration process at IQ Options is quite easy. The potential client will have the option to Sign Up using their Facebook account or Google+ account. Otherwise, they can simply enter their full name, provide their email id and set a password. They have to accept the Terms & Conditions before they can open an account for free. On completion of this process a demo account will be created from which the trader can easily shift to the standard account. 

 

Account Types

Besides the demo account, IQ Option offers two types of live trading accounts for Binary Options traders.

Real account: The minimum deposit for the non-European traders for the real or standard Binary Options trading account of IQ Option is a mere $10. The trader can opt from over 70 tradable assets. For a real account, the withdrawal requests are usually processed within 24 hours. The non-European traders trading with IQ Option can also participate in different trading competitions held by the broker.

VIP account: For the VIP account at IQ Option, the trader has to make a deposit of at least $3,000. Along with the features provided in the real account, the traders will also be provided with a personal manager whose sole focus will be on increasing the profits of the clients. A monthly report compiled by the platform’s analysts speaks of the trader’s performance and also includes valuable feedback.

With IQ Option, the traders can choose to trade both Binary Options and Digital Options. When both are counted together, the trader has over 10 million tradable assets to choose from.

 

Trading Conditions

Minimum Deposit: IQ Option is so popular among the non-European traders because a trader can make an initial deposit of as low as $10. 
Minimum trade amount: Another big advantage at IQ Option is that when trading Binary Options, the traders can start trading by investing only $1. 
Maximum return: When trading Binary Options, the non-European trader can receive a return as high as 95%. (Amount will be credited to account in case of successful investment.)

 

Underlying Assets

At IQ Option, the traders can choose to trade underlying assets of the numerous currency pairs, indices and shares offered by the broker. The trader can also invest in the stocks of tech giants like Apple, Amazon, Microsoft, Google and Johnson & Johnson. Other available instruments include cryptocurrencies like Bitcoin Cash, Bitcoin Gold, DASH, Ripple, Litecoin and Stellar. Ethereum and Bitcoin are not left out by the broker. ETFs will soon be available for the clients of IQ Option.

 

Trading Platform

IQ Option has developed its own trading platform for the Binary Options traders. It is user-friendly and contains several trading tools and indicators like Bollinger Bands, Stochastic, MACD, Moving Average and so on. This helps the trader to find out the right moment to open a position and whether to place a Call or Put option. The trading charts provided by the broker helps to determine the overall trend of a particular underlying asset and analyse whether the price will go up or down.

Turbo, HighLow and Classical Options are the Option types offered by this broker. The expiry times of the underlying assets provided by IQ Option range from 60 seconds, 5 minutes, 60 minutes, and end of the day to end of the week. One Touch Options and No Touch are some of the trade varieties offered by IQ Option. One Touch is said to offer higher returns as the trader takes more risks. This means that there is also a higher risk of loss. The trader can set a trigger point within an expiry time when trading Binary Options. It is a given that the higher trigger point includes taking more risks. The advantage is that if the trade ends in success then there is also the chance of a higher payout.

 

IQ Option APK App - Binary Options Mobile Trading

With the exponential increase in the use of smartphones, Binary Options traders from all over the world generally pick up a broker that offers a trading app. To keep up with the time, IQ Option had realised the importance of mobile apps early on and now their clients can benefit from it. The mobile application for Binary Options trading of IQ Option has won accolades for its performance and unique features. It sports great graphics and an easy to operate interface. Its popularity can be said to have exceeded the desktop one due to its extremely fast speed. The app also allows the traders to use their fingerprints as their log in credentials. Thus, the trader do not have to worry about whether the application is safe or not.

The mobile trading app of IQ Option can be easily downloaded from Google Play Store and iTunes, but doesn’t include binary and digital options. If you want to trade binary options IQ Option is offering a special APK which you can download from IQ’s website directly. It functions the same way as the desktop site and provides charts, historical data and also shows the trend lines. The notification feature prevents the trader from missing out on any opportunity. But please not that mobile binary options trading is possible only on android devices. Otherwise you should use the desktop platform.

 

For more please read our Article about the IQ Option APK

 

Deposits and Withdrawals

The following modes are accepted by IQ Option for payment and withdrawal.

  • Credit Card
  • Wire Transfer
  • Skrill
  • Neteller
  • Boleto
  • Qiwi
  • WebMoney
  • CashU
  • iDeal
  • Fasapay

 

For the non-European traders, when making first deposit or when withdrawing a sum, they will have to go through the account verification procedure. It usually varies from one country to another as they have different requirements. Choosing eWallets for withdrawal is faster than other processes. If the trader chooses Wire Transfer then, the time taken is usually 1 business day. The minimum amount a trader can withdraw is $2.

 

Demo Account

Speaking of the inexperienced traders or first timers in Binary Options trading, the second most important thing when choosing a broker is to check out whether they provide a demo account. IQ Option not only provides a demo account but also lets the traders experience real live market while trading with virtual money. On registration, the broker deposits $10,000 virtual money in the trader’s demo account for the trader to test a market situation or practice trading Binary Options. However, the trader will only have 15 tradable assets at their disposal.

 

Education

The Education section of IQ Option is extremely useful for the Binary Options traders. The beginners can take part in the training programmes. The webinars are the platform of discussion about a market situation, trading strategy and so on for the novice as well as the experienced traders. Trading videos, tutorials, eBooks and an FAQ section are also available for the non-European traders.

 

Customer Service and Support

As Binary Options trading can have an expiry time of 60 seconds or a day, it is essential to choose a broker that has an experienced customer support team. At IQ Option the customer service is extremely fast and claim to respond to all queries within a few minutes. The trader can contact the support team through email This email address is being protected from spambots. You need JavaScript enabled to view it., or through telephone. The support team is available throughout the day. The website supports different languages like Chinese, Korean, Russian, Portuguese, French, German, Arabic and Turkish.

 

 

Best Features of IQ Option

        IQ Option Features of IQ Option:
  • The minimum deposit is set at $10, minimum trade amount is $1 and the minimum withdrawal amount is as low as $2.
  • The trading platform (WebTrader) is innovative and can incorporate many more new features.
  • The time taken for withdrawal is simply 1 business day and for VIP accounts it is done within 24 hours.
  • The maximum amount that a trader can invest is $5000. This feature stops the trader from investing irrationally and losing too much amount.
  • While trading Binary Options, the traders have the opportunity to choose from over 500 tradable assets.

 

 

 

Frequently Asked Questions

1. Is IQ Option a Scam?

No, IQ is a regulated authentic Binary Options broker.

2. What is the minimum deposit amount?

The minimum deposit amount for Binary Options is $10.

3. What is the minimum trade amount for Binary Options here?

The minimum trade amount is set at $1 only.

4. What is the Binary Options trading platform offered?

IQ Option provides its own platform for trading Binary Options that have advanced features.

5. How fast is the withdrawal process?

The withdrawal process usually takes only 1 business day.

 

Conclusion

The trading platform of IQ Option can adapt to the new features introduced along with the advancement of technology and trader demands. However, the user interface remains easy to navigate and not cluttered with trading tools and so on. The broker is registered with FSB and CySEC so, it is not a scam. Moreover, the website offers enough risk warnings that trading is itself a risk as nothing can be said with absolute uncertainty in the financial markets. With over 500 Binary Options trading assets, it is one of the brokers that is popular among both the experienced and inexperienced non-European traders.

Note: Your capital is at risk

 * Amount will be credited to account in case of successful investment

Risk Warning: Trading may not be suitable for everyone, so please ensure that you fully understand the risks involved. Especially trading leveraged products such as Forex and CFDs carry a high degree of risk to your capital and can result in the loss of your entire capital. Only invest with money you can afford to lose.