IQ Option Review
- Low minimum deposit of $10
- Licensed and regulated by CySEC
- Minimum withdrawal is only $1
- Demo account availability
- ETF trading
- Cryptocurrency trading
- Stop-loss protection
- Charts, charts and more charts
- U.S. Traders not allowed
- No bonuses
- Complaints of website freeze-up
IQ Option was launched in 2013. It is owned by the Cyprus based Iqoption Europe Ltd. That center manages European trading while IQ Option also maintains a Seychelles center that manages binary options (restricted countries), Forex and CFD trading in other locations.
Since the launch, IQ Option has become one of the more popular brokers in Europe. With features and benefits not found at other brokers, many traders have said they enjoy the various contests IQ Option has.
Let’s take a closer look at this broker to see if they should be your preferred trading medium.
Trading Platforms
IQ Option offers a trading platform that you will not find anywhere else. It was developed in-house and allows investors to trade short or long term binary options, CFD’s and even ETF’s.
Many traders love the great range of charts IQ Option allows them to use to find the best trades.
You can download the trading platform or run it in your browser. Plus, IQ Option has well designed mobile applications for all types of mobile devices.
IQ Option Trading Markets
IQ Option has a monstrous list of markets investors can trade in.
- Over 4,000 ETF’s
- 12 cryptocurrencies with leverage up to 25 times
- About 390 stocks with leverage up to 50 times
- 188 Forex pairs with leverage up to 1,000 times
- and a huge list of assets to trade on in digital options
Customer Support
IQ Option takes great pride in their customer service. They are one of the most transparent brokers we have seen. They offer live chat and what’s more, they have customer service contact numbers in countries all over the world.
IQ Option will manage all these languages:
- English
- Russian
- Turkish
- German
- Spanish
- Portuguese
- Chinese
- Swedish
- Korean
- French
- Italian
- Arabic
- and Hindi
Security & Fairness
IQ Option is an ultra-safe broker. The European IQ Option is licensed and regulated by CySEC. This means they follow a strict protocol to ensure all traders are treated fairly.
The Seychelles based IQ Option is not licensed or regulated, but it is my understanding they operate in clone-like style with their European counterpart.
All investor funds are held in separate accounts and all financial transactions go through high level encryption standards.
IQ Option Summary
Considered one of the top brokers in the industry, IQ Option is a great broker overall. This broker is always looking for methods to make their trading system better.
If you are new to investing in options, CFDs or anything similar, IQ Option is one of the top choices for new traders. The low minimum deposits, withdrawals and the demo account feature helps new traders learn without a high level of risk.
We give IQ Option 9 out of 10 stars.
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
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
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