IQ Option Review
- REGULATION: CySEC
- DEMO: Free
- MIN. DEPOSIT: 10$
- ASSETS: 500+
- SPECIAL: Binary & Crypto
- LEVERAGE: Max. 1:1000
IQ Option is one of the best Forex platforms for beginners. The company was founded in 2013. Since then, it has registered over 40 million participants. On the IQ option platform, you can try CFDs on currency pairs, CFDs on stocks, CFDs on commodities, CFDs on cryptocurrencies, CFDs on ETFs, as well as Binary and Digital Options.
Security is one of the main problems in online trading. There are many fraudulent sites, so your broker needs to be reliable and famous.
IQ Option is regulated by CySEC (Cyprus) under license No. 247/14. The company is registered in several European countries for financial transactions. Trading on IQ Option is absolutely safe.
Review of the IQ option platform
On IQ Option, you can trade both from a computer and from a mobile phone. The platform is constantly refining new features and improving the user experience.
You can now open a free demo account and trade.
The IQ Option application for mobile trading uses the same tools as the desktop. You can analyze trading charts directly on your mobile phone. The application is available for Android and Apple devices (iOS).
To be successful in the online trading market, you must be able to analyze and combine fundamental and technical analysis. IQ Option Software allows you to make all the necessary tools and indicators, as well as custom timeframes and other parameters. It is possible to save settings templates.
Investing in cryptocurrencies with IQ Option
There are more than 20 different cryptocurrencies available for trading on IQ option. A very high leverage of 1: 100 is available. IQ Option hedge their positions on real cryptocurrencies. For products with high leverage, the spread will be lower. To earn on falling prices, you can open short positions in any cryptocurrency. You pay a commission only for the spread.
IQ Option is an international company that traders from all over the world can trade on. The IQ Option is regulated by the European Union, but as retail traders, they can trade with a maximum leverage of 1:30, and binary options are prohibited for retailers. Only for professional traders are allowed to trade on binary options and with wide leverage.
IQ Option is especially popular in countries such as: Indonesia, Thailand, Germany, France, South Africa, India, China, Great Britain and others.
Countries such as Australia, Belgium, Canada, Iran, Israel, Japan, Latvia, North Korea, Palestine, Russia, South Sudan, Syria and the USA cannot use the services of the company.
Advantages of IQ Option
- European Union Regulated Company
- Free demo account
- 500+ different markets
- Binary options, digital options, Forex, CFD, Crypto, stocks and other assets
- Minimum deposit of $ 10 with an initial transaction amount of $ 1
- 24/7 support
How to use technical indicators?
How to use news in trading?
What is a digital option?
A digital option is a mix of dynamic and classic binary options. In case of correct forecasting, IQ Option allows reaching up to 1000% of profit – until the end of a 5-minute candle.
Below you can see a comparison of 2 types of monetary instruments.
We see that the first option will allow us to participate in marketing only the current price, and the second, both in the current and in the execution price.
Intermediaries are responsible for setting the execution price.
We have the opportunity to strike first, and then choose the direction. The goal is to predict where the price will be at the time the option closes.
How to start trading with iq option online?
What are the benefits of IQ Option?
You do not need to be an experienced trader to use the platform. The platform is easy to use, even a novice trader can easily understand the management and this is one of the main aspects when choosing the best trading platform.
Universal access to the platform. This means that you can work with it from any device with a browser, or install a mobile application. You can enjoy trading from anywhere and anytime.
Do you need an account with IQ Option?
On the official website, which is translated into 13 languages, the broker detailed the entire registration path and all you need is a login in the form of an email address and password. However, a real account requires you to present identification documents and be verified before you can access. Validation may take 10 to 30 business days.
After creating an account, you will get access to more than 200 high-quality training videos and other educational resources: articles, a blog and additional texts that will teach you absolutely all aspects of trading. You will also get access to the questions and answers section, in which real people ask interesting questions.
When you create an account on iqoption.com, you will need to find out everything about depositing and withdrawing funds from your account. And here everything is also quite simple. IQ accepts many payment methods. You can deposit money from your mobile phone or credit card. The system does not stand still and constantly adds new payment methods so that it is more convenient for you to replenish your account. For example, they recently added AstroPay and ADV Cash.
The minimum replenishment amount is $ 10 and it is really small compared to competitors. This makes it possible to calmly try the entire functionality of the platform and decide for yourself whether it is suitable for you or not, without worrying about the money spent.
The conclusion of neighborhoods is also very simple. You will receive your money instantly. You can request funds from any available deposit channel, but you need to remember that payment is possible only through the same channel through which money was deposited.
One of the most popular ways is to withdraw funds from the card. We recommend using it when creating an account.
In your personal account there will be access to the trading history from the moment of the beginning to the last transaction. In addition, a leaderboard is available where you can see the results of other traders and adjust your strategy if necessary. You can view upcoming tournaments.
You get access to market analysis, which allows you to view the most effective forex calendar and earnings.
After registration, you will receive support from IQ Option specialists and they will help answer any questions you may have. It is no secret that the main factor in choosing a trading platform is the quality of support. They integrated the live chat feature, which ensures that traders can solve their problems in real time and as quickly as possible. You will get the opportunity to communicate not only with specialists of the company, but also with traders like you, perhaps you will be able to get good advice from them.
How effective is IQ Option? I have already mentioned several times that they offer up to 92% of payments for successful transactions. This is a better indicator than the one that most brokers provide, and you can believe that you can greatly benefit from this platform. The expiration time of their trading, however, is shorter than that of most brokers, since their high-speed trading starts from 1 minute to 1 hour. The retention period for the position you receive is one month.
Is everything so good with the IQ Option?
Another common complaint concerned the withdrawal of funds. For some people, this is a very long time and they want to receive their money as quickly as they deposited it, however, before the client sees his money on the card, it may take up to 45 calendar days. This was due to the fact that third-party organizations through which funds are withdrawn have performed their duties for too long.
Since then, IQ Option has introduced an instant withdrawal of funds, especially when using debit and credit cards. Most withdrawal requests are processed within 24 hours.
Currently, wire transfers are only available in Argentina, Thailand, South Africa, Malaysia, Indonesia, and Vietnam. We recommend that you carefully choose your payment method to avoid disappointment when depositing or withdrawing funds.
How to change currency?
You can change the currency when making a deposit by clicking on the deposit button in the account, then on the preferred payment method. Enter the amount and select a currency.
How to activate a real IQ Option account?
Visit https://iqoption.com and you will be able to download a demo account. Go to the deposit section and replenish it for any amount, after which your account will become real. It is recommended that you confirm your account immediately after making a deposit. This avoids problems when withdrawing funds.
Where is it allowed to trade through the IQ Option?
The broker is accredited in several European countries, as well as in unregulated states, such as parts of Africa, Asia, New Zealand and Latin America. However, it should be remembered that certain financial instruments are available only in certain regions.
Who is the regulator for IQ?
The IQ Option is regulated by CySEC (Cyprus Securities and Exchange Commission) in Europe under license number 247/14. IQ Option is also authorized by EEA.
Is the broker safe?
All credentials are protected by SSL encryption and web traffic encryption between the trader’s system and the company’s servers.
How is IQ Option related to Metatrader?
IQ Option uses its developed platform and is in no way related to Meta Trader.
What is the best deposit method?
Recommended Skrill wallet. This is because it is quick and easy to deposit and withdraw, and IQ Option will not charge any additional fees. Withdrawal takes up to 24 hours (on business days).
Is the IQ option the best choice among brokers?
IQ Option every year becomes more and more preferable choice, this can be seen in the revenue growth curve and registered users.
Their official partnership with Aston Martin Racing from 2017 to 2018 once again shows how reliable and respected the IQ Option is, and they demonstrate how you can trust the online trading community.
How to trade Forex in IQ Option?
Trading Forex in the IQ Option is quite simple. All you have to do is select the forex option from the “list of assets”, choose the currency corresponding to what you want to trade in, the amount you want to invest.
Can I buy or sell Bitcoin and other cryptocurrencies on the IQ Option?
Yes, you can perform cryptocurrency transactions through CFDs. However, you should note that buying and selling does not mean that you actually own BTC tokens, but you will make a profit when you think about the price movements of the token.
To trade bitcoins on the IQ Option, you simply go to the cryptocurrency section and select bitcoins from the list. After your choice, enter the amount you want to invest, and then enter the trade restrictions – these are stop loss and take profit. If you want to buy, click “buy” or “sell” if your Bitcoin activity involves a sale, following your assumptions about the expected direction of the price of Bitcoin.