Iq Option Binary Options Brokers
Contents ▾
- Trading Platform
- Strategy Tools
- Charting
- Forex And Crypto Products
- Mobile App
- Download the IQ Option App
- Demo Video
- Trading Options (CFD, Forex and Binary)
- FX Options
- CryptoCurrency Multipliers
- Trading Costs (Spreads, Commission)
- Eolith & Withdrawals
- Rubber
- Account Blazon
- Payouts
- Forex And CFD
- Promotional Code
- Is IQ Option A Scam?
- History
- Regulation
- Demo Account
- Countries
- Tournaments
- Strategy
- Binary vs Forex
- Signals And Automatic Trades
- FAQs
- What is the minimum deposit for opening a trading account?
- Is the IQOption platform reliable?
- What trading platform exercise IQOption employ?
- Do IQ Option offering leverage?
- How fast are withdrawal requests processed?
- Are IQ Selection Regulated?
- Is IQ Option Safe?
- Do IQ Option accept Paypal?
- Review Conclusions
- Complaints
- Registration
IQ Option are a leading online broker offering binary options, CFDs, cryptocurrency and forex trading. Our detailed review includes a full run downward of the trading platform, review of the mobile app, plus info on how to use the demo account effectively and tips on strategy and options. Join millions of other traders and login today.
CFDs are complex instruments and come with a high take a chance of losing money speedily due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You lot should consider whether you lot understand how CFDs piece of work and whether you can afford to take the loftier risk of losing your coin.
While binary options accept been restricted in the EEA, information technology is still possible for European union traders to trade with IQ Option. Forex, CFDs and forex options are all available. For those looking specifically for binaries, you can still trade them at IQ Choice, but you demand to register every bit a professional person. The new ESMA rules but apply to retail investors.
To qualify every bit a professional person, y'all must meet 2 of the following 3 criteria:
- Open up at least x trades of 'significant size' per quarter.
- Own a portfolio or trading upper-case letter of €500k or more
- Take worked for 2 years in the financial industry, or accept experience with complex trading instruments.
Visit IQ Option for total details.
The firm take likewise released a product chosen 'FX Options' which are not subject area to the ESMA ban, and are bachelor to all EU traders. FX Options offering the aforementioned 'stock-still stake' every bit binaries, but unlimited upside based on the nugget toll of the market place. Traders from the EU who are finding their trading choice limited should check these new options out – they are explained in more detail below.
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General Risk Alarm:
The fiscal products offered past the company carry a high level of risk and can result in the loss of all your funds. Yous should never invest money that y'all cannot afford to lose
Trading Platform
To provide clients with access to fiscal markets and online trading, IQ option developed their ain bespoke trading platform and range of instruments. The interface and features of the platform are non what most binary traders are used too, as it is modelled on the more than advanced systems used past the spot forex trading industry.
The IQ Option software includes tools such equally cease losses, and take profit levels – features not available at 'standard' binary operators.
To add trader take chances management and trading strategy choices, the firm likewise created a 'Position top-up' feature. This is a mechanism which allows trades to exist kept open beyond the terminate loss.
Strategy Tools
The strike toll and trading buttons are articulate and intuitive, every bit are the toll graphs and charts. Navigation is unproblematic, traders can easily switch between avails and markets. On top of that, the whole layout is configurable and customisable – so traders can move multiple graphs or analysis tools where they like in order to suit their trading strategy.
The customisable elements do brand this one of the best trading platforms in the industry.
The platform is available as a web-based hub, or alternatively, traders tin can download a version for either PC or Mac. The download is fractionally quicker. In that location is also the mobile platform. All the platforms are reliable, only the PC download has the quickest trade execution times.
At present, there is no Metatrader iv (mt4) integration.
Information technology is clear then, that the software is one of the most sophisticated trading platforms around in the binary industry, particularly the over the counter (OTC) brokers.
The website is available 24/7 so there are no 'opening times'. Assets volition but be available to trade when the relevant marketplace is open, however. So many forex pairs are traded around the clock during the week, but US stocks can merely be traded when the NYSE is trading.
Charting
Apart from having a refreshing user interface, the trading platform allows traders to alter the view of their chart from a pick of four different layouts:
- Line
- Candlestick
- Area
- Bar
The timescale for the bar and candlestick charts tin can be called from an impressive 18 different intervals – and multiple graphs tin can be used, in lodge to confirm trends over more one fourth dimension frame.
In improver, there are also diverse other tools such as a line cartoon tool which traders tin use to plot their ain trends on the alive charts. The latest updates also added a wealth of technical analysis features also. Multiple indicators such as Bollinger bands, moving averages or relative strength index (RSI) can be laid over the chart. Nearly twenty unlike indicators are available.
The charting enables agile traders to use price action patterns to spot opportunities across different time frames, making correct prediction more likely.
Perhaps one of the about useful features well-nigh the trading platform is the ability for traders to make multiple trades on the same graph. This is specially useful when you want to employ more sophisticated trading strategies or trade signals. Turbo and Martingale strategies are easier to implement when you can monitor open positions on the same nautical chart.
Merchandise size ranges from just $1, upwards to a maximum investment of $10,000 on the classic options.
Forex And Crypto Products
The newer products such as forex and cryptocurrency trading display slightly different options based on the market existence traded. For instance, the forex trades will bring upwards leverage and stop loss features. Avails such equally Bitcoin or Ethereum, traded via contracts for divergence, do not have an expiry time. They practice however, have a stop loss and take turn a profit feature. The new forex offering as well makes weekend trading possible.
The look and feel remains the same throughout the trading range however, and all the relevant information is available to the trader. So a trader used to binaries tin can still feel at dwelling if they want to merchandise forex.
Mobile App
The IQ Selection mobile trading app follows the development of the bespoke trading platform, and delivers a seamless mobile user experience. The trading area looks the sam, and the screen, buttons and 'look and feel' friction match those of the total website, or desktop download.
The mobile application has been delivered every bit a tailored product for each operating system, so the IQ Option Android app, has been developed solely for android devices. As well, the iOS app has been written with the iPhone or iPad in mind, and ensures it gets the most out of those devices. Information technology is the sort of attention to item that IQ are becoming known for.
Apple'southward recent changes regarding binary related applications have been swiftly dealt with by IQ Option. They accept redeveloped the iOS version to attach to the new rules. Their ability to arrange to the changing investing landscape is reassuring. The new version includes forex and CFD trading – and cryptocurrency trades will also be available in one case released.
There is besides an 'IQ Pick for Windows' version, likewise as the android and iOS versions. The download buttons beneath will take you directly to Google Play or the App Store, and the most up to date version of the mobile trading app:
Download the IQ Choice App
Full general Take chances Warning:
The financial products offered by the visitor carry a high level of gamble and tin consequence in the loss of all your funds. You lot should never invest money that you cannot afford to lose
Demo Video
Below is an IQ Option demo video. Information technology is a full sit-in of all the developments added during the recent 'platform 4.0' upgrade. The demo includes how users can amend the trading expanse to suit their own needs. Information technology shows how to check the aforementioned price nautical chart over more than 1 timeframe, how to add technical assay overlays and how all this can ameliorate trading results.
While the video is not an out and out tutorial, it does deliver a total demo of the user experience, the new trading platform, and how it differs from other binary options banker platforms.
Trading Options (CFD, Forex and Binary)
IQ Option has consistently added to the portfolio of underlying assets. Traders are able to trade in the 4 major nugget classes such every bit forex, commodities, equities and indices. They also respond to user demand, for example, the Cryptocurrency range is at present huge.
Currency pairs are a particular strength at IQ, with some of the more exotic currencies available, including NOK, SEK and Endeavour. The nugget listing is comprehensive, so traders can deploy their winning tricks across a range of markets. Dollar, Euro, Yen and Pound sterling still dominate the majority of forex trades and produce the bulk of trading book. EUR/USD remains the virtually popular pair for trading.
The firm accept also added to their range of expiry times. Previously specialising in brusk term expiries, IQ now offering many more options – including the popular Terminate of day expiry, and longer term Cease of week and End of Calendar month. Trader choice has never been greater.
Forex and CFD trades expand the user pick even further. Foreign commutation can exist traded per pip (in addition to binary trades) and CFDs can be traded with no expiry for longer term trades. The recent cryptocurrency expansion offers access to bitcoin and 6 other cryptocurrencies, via contracts for difference – meaning no expiry.
Forex multipliers are a characteristic that IQ Option added to provide a level of leverage. The maximum multiplier now reaches an exciting x1000 – but remember this impacts both turn a profit and loss. So you can magnify your trade size by x1000 to take reward of even pocket-size moves in the currency markets.
FX Options
IQ Option take added FX Options to their listing of products. A cross between binary options (limited decease, limited risk) and traditional forex (turn a profit depends on the underlying cost movement), FX Options will offer EU traders an alternative to binaries. With ESMA banning binaries in the EU, IQ Selection want to create a product that is similar, but does not fall foul of the ban.
The options allow traders to select their own strike toll, and trade college or lower from at that place. Payout %'s vary based on the price movement required for the trade to stop 'in the coin'.
Equally these are more similar traditional options, they tin be closed at any fourth dimension using the 'Sell' cost and the volatility and fourth dimension left will touch on the value of the trade as the expiry nears.
Equally a newly released production, IQ only provide hourly expiries now. The pick is likely to expand notwithstanding, if the production is successful
The screenshot above shows the possible strike levels on the right, aslope the trading buttons. The scarlet / green bar illustrates the potential payouts and these will vary and change based on the strike toll, time to expiry and the electric current market value.
CryptoCurrency Multipliers
In addition to traders having the ability to trade crypto assets using CFDs, or Forex, IQ Option also introduced a new vehicle – Cryptocurrency multiples. These trades are finer a leveraged trade. The underlying price remains the key element, merely with a multiplier, the trade is magnified. This increases the potential profit, or loss, fabricated on whatsoever deal.
Initially, IQ merely offered Bitcoin x 100. Every bit the name suggests, it was a multiplier of 100 applied to the Bitcoin price. Increased volatility, for an already volatile asset – ideal for traders.
The product was and then successful that IQ have expanded the offer. Then multiples are now available on more cryptocurrencies, e.g. Ethereum (ETH), IOTA, TRON and Ripple. The multipliers range from x20 to x50 and x100 on Bitcoin. It offers some other high gamble / reward road for traders to profit on crypto avails.
Trading Costs (Spreads, Committee)
When comparison brokers, yous need a broker that is transparent with their fees and costs. To estimate what trading at IQ will toll, you need to consider:
- Spreads – The toll gap betwixt buy and sell values. This varies based on things like volatility, asset, liquidity and even hours.
- Withdrawal Fees – There are no withdrawal fees on most payment service providers. Bank transfers do have a accuse of $31 (or currency equivalent).
- Commission – On cryptocurrency trades, commission of two.nine% is be levied. Other markets exercise not take committee at all.
- Swap Fees – Fees are charged for certain trades held overnight. They vary from 0.i% to 0.5% and are higher when left open up over the weekend.
- Dormant Account Fees – Where an business relationship is inactive for 90 days, a charge of €10 (or currency equivalent) will exist fabricated each month until the rest is nada.
Deposit & Withdrawals
Deposits tin be made using a range of options – these volition vary based on the user land, but pop methods include debit and credit carte du jour, e-wallets such as Skrill and Neteller and even crypto currencies via the Hodly service. Bank transfers via debit card remain the almost pop pick for European based traders.
IQ Pick also recently introduced AstroPay to facilitate payments from regions that may have had fewer options in the by, such as Brazil, Argentina or Vietnam. In addition, IQ now also accept bank transfers from a wide range of Asian banks:
- Thailand– Bangkok Depository financial institution, Kasikorn Banking company, Krung Thai Depository financial institution, Siam Commercial Depository financial institution, Depository financial institution of Ayudhya, Regime Savings Banking concern, TMB Bank.
- Philippines – Help2Pay
- Indonesia– Key Asia, Rakyat Indonesia, CIMB Niaga, Negara Indonesia, Mandiri.
- Vietnam – Vietcombank, Bank for Investment and Evolution, Techcombank, Vietin Depository financial institution, Asia Commercial Bank, Sacombank, Donga Depository financial institution, Eximbank.
- Malaysia– Supported banks include: Maybank,RHB Depository financial institution, Public Banking concern, Hong Leong Depository financial institution, CIMB Bank, AmBank
S Africa is also supported via range of new payment methods including Perfect Money. In fact, Perfect Coin caters for a huge range of regions, including South America (Argentine republic, Brazil and Colombia)
China Wedlock Pay provides a payment solution for traders in China, Taiwan, Hong Kong or Macao
Safe
Deposit errors are rare, and the support desk tin can ordinarily help if users encounter problems. Information technology is safe to eolith with IQ Option.
Withdrawals can be made using the same list of methods. Verification is often required before a withdrawal method tin exist used, and withdrawal proof remains in the user area for the lifetime of the account for auditing etc.
Account Type
The standard trading account requires simply the minimum initial deposit of $10. The basic account includes all the option types, withdraw options and functionality equally the higher level accounts.
The firm offer a VIP Account. In gild to get a the VIP business relationship type, a trader needs to deposit $3000 or more in one deposit. Benefits to VIP status include:
- College Payouts (For example, +3% on FTSE or Google trades)
- Entry to larger tournaments, with prizes up to $100,000
- Educational materials exclusive to VIP account holders.
Payouts
In term of returns on investments, the standard payouts offer very competitive rates. Under the right circumstances, traders can earn upwards to 91% payout in the case of a successful trade. These payouts volition vary based on the asset and expiry time selected. The 'headline' payout of 91% is among the best offered in the industry. Note the term 'profit percentages', does not imply guaranteed profits, simply the profit fabricated for a unmarried merchandise when it issuccessful.
Forex And CFD
Payouts on products such every bit Forex and CFD trades will depend on the performance of the underlying asset. IQ provide the sort of take chances direction tools y'all might expect when trading these tools. They include stop losses and user defined leverage (which tin be set to zero). The new products move IQ Choice into the leagues of major global brokers, and their offering is certainly up to that level. They even offer straight admission to bitcoin and ethereum trades – which many larger brokers do not.
The spreads on strange exchange and CFD trading are competitive too. And then the costs or fees of doing business with IQ are depression, and certainly on par with the larger, established online brokerages. The complimentary practise account is a expert fashion to experiment with other asset types, adventure free.
IQ previously offered monthly promo codes for new customers equally a welcome offer. These were paid equally a deposit match, and the level would 'scale' based on the size of the initial deposit. These types of offering have been withdrawn following regulatory changes withal. Every bit a responsible regulated broker, IQ no longer offer this blazon of incentive. Reviews still referring to bonuses are likely to be out of engagement.
Is IQ Option A Scam?
IQ Option is licensed and regulated by CySEC, but they take also sought to register with other regulatory bodies (full details can be found on their website). They are a 'legit', reliable business. Their affiliate network all market responsibly and ensure the nature of trading is reflected accurately. They are licensed by the FCA in the United kingdom of great britain and northern ireland as the regulatory landscape recently changed there.
Trading with IQ Option is legal effectually the earth, from India to Ghana, Vietnam to the UK.
History
Established in mid 2013, the brand is – in our stance here at BinaryOptions.net – one of the most reliable and innovative binary brokers in the industry. Their reputation is also enhanced by various awards that they accept won from a range industry reviewers. They list their full array of awards on their website – The listing of awards quoted on their website are reputable comparison sites and confirm their credibility.IQ Option is condom and not a scam.
Our user satisfaction feedback is positive for IQ – Users take few complaints and use the IQ pick platform for many months and years. The forum response is likewise positive.
Bug of site connection (site "not working" or "not loading") is oft a local issue for the user rather than a genuine issue with the platform. Likewise 'server down' or like errors are normally the client end rather than a genuine trouble at IQ Option
The firm operates in a very transparent manner, in order to maintain their reputation and user conviction, for example:
- Free Practise / Demo Account – This runs in parallel to the real money account and is not fourth dimension restricted. IQ Option are happy for traders to hone their skills for every bit long as it takes, and have faith in their trading platform to maintain trader retention. A demo download is available, but traders tin likewise simply use the full, mobile friendly, website. The demo residue can be reset by contacting the support teams.
- Offers – Deposit friction match bonuses accept been dropped entirely due to CySec and ESMA rules. The regulator accounted this type of bonus every bit being high gamble, and as a regulated make, IQ accept stopped offering them.
- Hedging – IQ are clear on how and when they will hedge their own positions. This should act to reassure traders who fright 'over the counter' brokers only desire to encounter traders lose. IQ actively manage their risk.
- Support – Support is offered in a range of languages and includes live chat for quick resolution of any complaints. Users needing to Unblock, Delete or Close an account need to contact telephone support.
- News – Event Calendars and brand news is fed through to the user expanse.
Regulation
Equally indicated on their website, IQ Pick Europe Ltd is operated by Infofield Premier Ltd (Registration No: HE324593) and Investlab Holdings Ltd (Registration No: HE327751). Since Investlab Holdings Ltd is regulated past CYSEC (License Number: 247/xiv), this means traders trading on the platform are too protected under the provisions of the MiFID.
Demo Account
IQ offer the best demo account terms in the industry. Information technology is a No deposit demo account. The residual can be restored to $g every bit often as required, and the practice business relationship is useable long term, there are no fourth dimension restrictions.
The demo, or virtual, account can also run alongside a real money account – non "instead of". This allows existent money traders to alter into the demo account, and trial a new strategy or strategies without risking real money. It is the almost flexible demo account available and is entirely gamble free. This offering, coupled with the depression minimum deposit, is why this broker take grown so quickly. It is also why the brand attracts beginners and novices. It demonstrates a real conviction that they have the all-time trading platform, and know that once traders accept used it – they volition stay with them.
Countries
IQ offer trading in a range of countries, and also back up across multiple languages. In 2014, the business firm operated in 18 countries – in 2016 information technology was upwards to 178. There are however, some countries where trading is not possible with IQ due to regulations or local laws. So traders from Canada, Us and Australia are not permitted to open accounts at nowadays.
Having started operating mainly in Europe, the UK (United Kingdom) is one of the largest trader 'bases' for the make, followed past other European trading hubs, such as Deutschland and Sweden.
The firm are also growing very quickly in Asia, with binary becoming legal in India. They have recently added multiple regions to their list, including:
- Malaysia
- Singapore
- Thailand
- India
- Islamic republic of pakistan
- Philippines
Other areas of growth include Africa, where Ghana and Nigeria are seeing large numbers of new traders. This growth is aided partially past a 'softer' regulatory authorities. With responsible brands such as IQ Option, this really works well. Similar reasons accept led to marketing pushes in UAE, Negara brunei darussalam and even Japan.
Traders in these regions are now able to register at IQOption. The login process is very quick, and the demo account sign up requires merely an email address. Beyond the login screen, traders will demand to make a deposit earlier trading for existent coin. The minimum deposit however, is merely $x – among the lowest in the industry. The minimum trade is equally low, at merely $i per merchandise.
Tournaments
There are regular trader tournaments across the trading platform – each carries their ain set of terms and conditions. These are more often than not a competition based on trading success with a leaderboard. They are a method past the broker to encourage trading, so the tournaments are usually decided via the corporeality of total profit over a given period.
They offer a keen way for traders to compete against each other, and create a lot of interest. The terms will often vary – so one tournament might focus on short term options, while the next might look at a specific asset class, like forex.
Ofttimes in that location are substantial prizes for the winners of these competitions. These range from greenbacks rewards, to more unique prizes, such every bit the recent Aston Martin race day experience. These gave winning traders the chance to bask a race twenty-four hours in one of the sponsored Aston Martin Racing cars. These tournaments really increment the client friendly feel promoted by the firm, and they are worth looking into.
Please notation tournaments are only available to Non-European union clients
Strategy
Specific strategies for utilise at IQ Option are difficult to detail due to the vast options bachelor. From rainbow strategy to technical assay a trader'due south selection is endless. A winning strategy for eur/usd may not work for trading oil, and learning lessons from a 60 second strategy may not improve results for 5 minute or longer trades.
The demo business relationship is a great place to experiment and find winning strategies nevertheless. Every trader volition need to find their own system, and the unlimited demo at IQ gives traders a better 'sandpit' than vs Plus500 for example.
Binary vs Forex
The binary vs forex argue is another circuitous statement when looking at strategy – it will always come dorsum to the trader, their risk ambition and their favoured length of trade. Our strategy section may contain useful ideas, equally will the forum. Our blog entries often comprise trading tips, but how they are implemented or acted on is of class upwardly to the trader.
Strategy elements like money management are really a question for each trader, as only you can know your hazard appetite.
The last signal on strategy is that there is no such matter as a 'no loss' system. Some trades volition win, some will lose, but a winning strategy is profitable in the long term. Anyone offer 100% accuracy (or anywhere most) is very likely to exist quack. Discussions on Reddit or Youtube are extremely unlikely to be legitimate traders giving abroad winning systems for gratis!
Signals And Automated Trades
Now, IQ practice non deliver signals to traders. There are sentiment indicators which give a feel for market sentiment, but no automated signals.
Practiced advisors are often a feature promoted at other brands, but ultimately an employee of the banker interim on behalf of the trader is unlikely to be impartial. IQ exercise not offer an expert advisor service on a standard account.
The firm prefer to enable and educate their traders to make their own trading decisions.
FAQs
What is the minimum eolith for opening a trading account?
The minimum deposit at IQ Option is $10,€10 or £10.
Is the IQOption platform reliable?
Yep. The website, desktop download and mobile app all boast reliability. IQ do still, recommend the desktop software for the quickest execution times.
What trading platform practice IQOption use?
IQOption utilise a proprietary trading platform. The platform is constantly adult and improved, both to add new features, but also new markets. The charting facility on the platform is very advanced.
Do IQ Option offer leverage?
Yep. While the maximum leverage offered by IQ Option is 1:500 for non-regulated members, EEA traders will see leverage capped at 1:30. Information technology is possible to open a professional business relationship to have those restrictions lifted.
IQ Option also offering 'Multiples' on certain assets – mainly cryptocurrencies. These act much like additional leverage, in equally much equally a movement in the underlying price is multiplied past equally much as x50. See the IQ Pick website for details.
How fast are withdrawal requests processed?
Withdrawal requests at IQ ordinarily accept ane business day. In that location will then be 2 or 3 business organization days before the funds hit the account, depending on the withdrawal method requested.
Are IQ Option Regulated?
Yes. IQ Pick are regulated by CySec
Is IQ Option Safe?
Yeah. They are a legitimate, regulated banker.
Exercise IQ Option accept Paypal?
No. At present the all-time e-wallet options are Skrill and Neteller. Perfect Money has also recently been added, equally has Mainland china Spousal relationship Pay for traders in Hong Kong or Macao.
Review Conclusions
Pros
• High Returns of upwardly to 91% payout in case of successful merchandise
• Depression Minimum Initial Deposit Requirement – open account with $10
• Regulated Broker with CySec
• Cut border Trading Platform
• Direct admission to Crypto markets such as bitcoin
• Secure account verification
• Quick withdrawals
Cons
• Smaller range of markets than some rivals on forex and cfd
• Self build robot / auto trading feature removed.
• No MT4 integration
Complaints
Some critical users of IQ point to the site not loading, not working or beingness offline. These issues are generally at the end of the user rather than the platform. The website boasts impressive uptime statistics and they take a stiff motivation to ensure their platform is open for business! It is rare for the site to be unavailable or inactive and we have never encountered such issues when connected via a reliable connexion.
Registration
The IQ Selection registration procedure merely requires an e-mail and only takes a few moments. Once verified, you and then have access to the demo business relationship, and the real money markets. In club to merchandise on the real account, a deposit will need to be made. The deposit process is simple, much similar the register process. The minimum is currently $10, and the smallest trade is $1 per selection.
Contact Details
IQ Option offer a variety of contact methods:
- Email – support@iqoption.com
- Telephone Support – Offered in 18 countries including Australia, India, Thailand, Brazil, Germany and Spain (Helpline details on the site)
- Group Details: Registration No. HE327751
Accost: Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33,
4102, Agios Athanasios, Limassol, Cyprus
Customer support can be accessed via telephone, email or live conversation. Customers are supported in over 20+ languages.
General risk warning: your capital is at risk
Iq Option Binary Options Brokers,
Source: https://www.binaryoptions.net/iq-option
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