In the financial sector, it is difficult to find a good brokerage because the selection is quite large. You can read a lot about fraud and pyramids.
IQ Option is very popular among traders, but is it worth investing your money there and how good is the broker?
In this review, read more about the facts and conditions for traders.
What is IQ OPTION?
IQ Option was founded in 2013 as a binary options brokerage for everyone.
The strength of the company is the low investment amount and the flexible trading platform.
The company is based in the Yiannis Nicolaides Business Center at 33 Agiou Athanasiou Avenue, 4102, Agios Athanasios, Limassol, Cyprus (EU) and is also regulated by the CySec.
Currently, there are more than 3 million transactions executed on the platform.
The broker wants to give the trader a complete platform with a wide variety of different financial assets and products.
I have known this broker since 2013 and they are always improving their service and offer.
With a growing customer base, the brokers’ payments are also increasing. In 2019 they withdrew more than $19 million every month.
- Headquarters in Cyprus (EU)
- Corridor from 2013
- You can use small investment amounts ($1)
- Deposits from $10
- Everything on one trading platform
- 95% high asset return for binary options
- No hidden fees
- The broker with the largest number of clients in the world
Is IQ Option reliable?
The brokerage house is based in Europe and uses the best banks for the client’s money.
IQ Option’s money is separated from the client’s funds. This is a great advantage and eliminates the conflict of interest.
In addition, they use different encryption techniques to provide a secure platform.
The trading account is very secure as well.
You can use two-factor authentication.
After your login, you will receive an SMS message with an access code.
You only have access to your account when you use your smartphone. The option can be activated or deactivated.
- Regulated in Europe
- Securing client funds in different banks
- Regulated payment methods
- Security options for your account
Conflict of interest is a critical issue for most brokers. Not for IQ Option.
IQ Option covers its clients’ actual positions in the Forex, CFD and Crypto markets.
On the other hand, they protect binary options between traders and there is no conflict of interest. In conclusion, the broker is one of the most secure companies in the world.
Therefore, we can conclude that yes, the IQ Option is reliable.
Trading Conditions and Offers – Binary Options, Forex and CFDs
On the trading platform, there are more than 500 different assets available. You can trade binary options or Forex / CFD options.
They also trade stocks, options, ETFs and cryptomines with a minimum value of $1.
The most widely traded financial product on the platform is Binary Options, learn how they work HERE. You can choose a short expiry time, usually 30 to 1 minute, which is the Turbo Options, or known as 60 second Options, up to the normal Binary which usually starts at 15 minutes and can go all the way to the end of the month.
IQ Option gives the professional the flexibility to develop their own trading style.
The asset benefit of Binary Options is, compared to other brokers, very high!
With a normal account, sometimes you get over 90% return.
The VIP account gives you 5-20% more return.
With IQ Option you can trade Forex, CFDs and Bitcoin with a spread below 1.0 pip. The margin depends on your assets and the market condition.
In addition, you can trade with a maximum leverage of 1:1000.
This is very high, but you can change the leverage before each trade.
In conclusion, IQ Option gives me a very reliable impression.
The asset range is quite high and the rates are at their lowest point compared to other brokers.
Will the IQ Option platform be the best in the market?
IQ Option offers a unique trading platform for the browser, desktop, smartphone and tablet.
The IQ Option platform is flexible and highly customizable. The goal of IQ Option is to make trading very simple.
Beginners learn to use the IQ Option platform in a few minutes.
It is an all-in-one platform because IQ Option offers many opportunities to trade in the financial markets.
With just a few clicks you can access a wide variety of functions. Transactions are clearly displayed on the IQ Option platform for transparency.
Use different types of popular charts and indicators for your own strategy.
You can customize the chart yourself. Multiple charts are available for better analysis.
It would be too much if I showed you all the options on this page. Just predict the direction of the asset price and open your first business.
You can always trade a long or short position.
In conclusion, IQ Option has obtained one of the best trading platforms compared to other brokers.