IQ Option Review – Read This Before You Trade

IQ Option Review : One of the hardest things to do when it comes to trading binary options is to pick a site to trade them on. There are literally hundreds of choices out there depending on wjaphere you live. That is why we take our job of doing reviews so seriously because we know you don’t have the time to go through and look at all these sites to trade on yourself. Today we will take a look at an innovative and progressive binary options broker called ‘IQ Option’.

IQ Option first came onto the scene in 2013 and has gained a steady amount of investors since then. When we checked online we found the site gets very favorable reviews and is generally well thought of by those that have traded with them. The site definitely caught our attention when we discovered how much those that traded with them highly regarded this web broker. Here is our review of what we feel is a very well done and worthy site to trade binary options on.

We will walk you through everything from the signup to the site right on through to placing trades and customer support.

IQ Option OverviewIQ Option Review

Broker Name: IQ Option
Online since: 2013
Jurisdiction: Seychelles
Software: IQoption
Max Returns: 91% *Amount will be credited to account in case of successful investment
Minimum Deposit: $10
Minimum Investment: $1
Maximum Investment: $5000
Number of assets: 500+
Demo account: Yes, free of charge
Currencies: USD, AUD, NZD, RUB, CAD, EUR, GBP, Yuan
Mobile application: Android, iOS
Support: 24/7
Support Languages: English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Arabic, Indonesian
Countries: Accept all countries except USA, Australia, Japan, Israel, Syria, Sudan.

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Downloading the App

The IQ Option app is available in Apple’s App Store and the Google Play Store for those with Android devices.

Even if you haven’t used a mobile app for binary options trading before, it is good to have the facility. The reality is that most traders do use desktops when trading, but mobile is a growing market for the industry. This is the reason why forward-thinking operators like IQ Options are investing in their mobile offering, so they can give users a better level of service. This sort of innovation is why so many traders choose to use IQ Option to trade binary options.

Click on the button below to download the IQ Option mobile app now:

IQ Option mobile app

IQ Option Review | Customer feedback

After a relatively slow start, the clients have started to notice IQ Option and began to open accounts with them. We have investigated this broker thoroughly and can see why the positive comments form an overwhelming majority on the internet. Low minimum thresholds have attracted a huge number of people who had previously kept their distance from this industry because the deposits were too much for them. They are now extremely happy that they finally got a chance to take part in this type of trading and IQ Option has really done a lot to show people that binary options are a completely legitimate business. Of course, there are negative comments as well, but they really are a minority on the web. Some of them obviously come from people who lost money because of their own mistakes and while others will try to argue and explain their opinion on why IQ Option is not a good broker, we simply cannot agree with them. We have tested this broker thoroughly and believe them to be extremely competent at what they do. IQ Option is a safe and reliable broker which has a very professional approach to all of their clients.

Video on How to Trade on IQ Option

IQ Option Trading Accounts

Besides demo account, IQ Option offers traders two account types: Real Account and VIP Account. More through info you can get below in IQ Option review.

Real Account

To start binary options trading process, traders have to deposit minimum amount of $10 and get a full access to all trading instruments and services. Available number of assets is 500+.

Traders have option to participate in different trading competitions and access numerous trading tools. Regarding withdrawals, usually it takes 1 business days.

VIP Account

Minimum deposit is $3000 and traders in return get a variety of useful and profitable trading instruments and features, such as full access to all information and opportunity to trade with more than 500+ assets.

Withdrawal process is quicker like Real account and it is available in 1 business day. IQ Option traders get monthly trading analysis and are able to participate in trading competitions.

Educational Resources

As with many of the top brokers, IQ Option has a wide variety of educational materials available to help you become a trader. The team offers several experts that want to help you learn how to use the platform . There is an educational program provided that will help traders understand what binary options are, how to analyze the market, how to use different trading strategies, and how to understand the different indicators. The educational materials are free to use if you set up a demo account. This means that anyone can use the platform in order to learn the basics of trading.

open an accountIQ Option Is It a Scam?

I have done a full fraud investigation and the outcome is clear: IQ Option is not a fraudulent broker. The following facts prove this without a doubt:

  • It has the best website and the most versatile trading platform in the industry: These cost hundreds of thousands of dollars to make. Scammers would not have these kinds of resources at their disposal.
  • It has operated for several years without any negative comments: Scammers can never fully escape negative comments; a great reputation is a good indicator that the broker is truly honest.
  • It has the lowest minimum deposit in the industry: Scammers usually have one simple goal: to get as much money as soon as possible. There is always a risk that the scam is revealed, after which getting money is extremely difficult.
  • Completely free demo accounts: If you intend to scam, why would you give anything for free? Especially if that would increase the risk of being exposed.
  • Extensive free educational material: If you intend to scam someone, it does not make sense to make it harder by teaching your victims.
  • Fast withdrawals and versatile withdrawal methods: Scammers always try to get money from their victims by any means possible. Therefore, it is obvious that they would not give victims their money back.
  • Awards and distinctions: Scammers do not win prizes from impartial organizations. More about these awards is provided below.

Pros:

– Free Demo Account
– Good variety of options
– Interface is very friendly
– Smallest minimum investment we have ever seen
– Stand-alone demo account
– Interactive learning tools

Cons:

– No customers from USA, Japan, Israel, Syria, Sudan and Iran accepted

Conclusion

I must admit that I am extremely impressed with how professionally IQ Option has dealt with every single detail of their site. They have really raised the bar to a completely new level. At this moment, it is difficult to even imagine that any other broker site would get even close to them as a whole. For this reason, IQ Option is my absolute number one recommendation for every binary options investor. This broker site is truly top-notch in every feature that can be measured.

Overall rating of 4.9 out of 5.0

Register now by clicking on the button below, deposit more than $10.

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Summary
Review Date
Reviewed Item
Dennis Weiss
Author Rating
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