First, before we start a Disclaimer in terms of risk and regulations:

-Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page. 

-CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

IQ Option Review

I think this is probably the best broker that I’ve seen in a long time. I think they represent what a binary options trading platform should be now or in the future. This is just awesome all round software that caters for practically every trader wishing to make some trades in the markets. I think you guys are going to love using IQ Option.

IQ Option Demo Account

The Demo account is available for Android, IOS, and Pc. But you should do a few trades in the free Demo environment of the IQ option yourself, And have a look throughout the trading platform itself. It’s a great place to get started, and you can always replenish the virtual cash provided if it drops under $5000.

Is IQ Option legit?

So we’ll get into it. At first ”IQ Option Europe Ltd” is verified in Europe by “CySEC”  registered at Cyprus and is also EEA Authorized. At second IQ option does operate outside of Europe under the name ”IQOPTION LTD” and is registered at St. Vincent and Grenadines (not regulated). So all with all it’s a well-regulated broker, which is a huge plus. The main con being, though, that they won’t accept traders from the USA, Canada, Australia, Israel, Syria, Sudan, Japan, N Korea, Belgium, Palestine, and Iran.

IQ Option Payout

Anyway so, the maximum returns are up to 92% in case of correct prediction (successful trade). And the max returns on weekends are up to 95% for a successful trade. So if you like to do few options over the weekend, you’re going to get up to 95% returns there in case of correct prediction (successful trade). But during weekends they only offer cryptocurrencies. The new digital options offer higher payouts that can go up to 900%.

Also, A nice extra is the IQ Option tournaments, where you can participate with very little or no investments. and the tournament winners can get very very lucrative prices.

update: 22-1-2019:  IQ Option Tournaments Tournaments are only available for users outside of Europe.

IQ Option Software

All right, so my rating for the software platform, I would give them 10 out of 10. I think it’s the best I’ve seen in a long, long time. There are just so many great things about the whole interface, the usability, the layout. It’s got some great features which will be discussed in detail further into this review.

General Risk Warning! your capital may be at risk

IQ Option Returns

I’ve given it 5 out of 5 for returns. Up to 92% for a successful trade, that’s very high returns for binary options. But that’s not all, the new digital options feature allows you to make as high as 900% profit* on winning trades. I’ll talk about digital options later in the review. * Of course, what you can gain on the upside you can also lose on the downside

Detailed Charts, Tools and Indicators

You can choose among 4 different chart types that include line, bars, candles and Heikin Ashi to suit your trading needs.

If you’re into technical analysis and trend following, you can choose among the different drawing tools like the trend line to establish support and resistance levels in price movements.

That’s not all; IQ Option also provides you with dozens of different indicators which will come in handy based on your preferred trading style.

All these features are easily accessible at the bottom left osf your trading interface.

Customer Service

The customer service, I’ve given 4 out of 5. When I first inquired about joining the broker, they were basically replying to me straight away. On average, you should expect the support team to respond to your requests in under a minute which is very good customer service.

IQ Option Deposit

You can choose among several deposit methods that include debit/credit card and eWallets such as Skrill. Due to customer demand, IQ Option recently introduced ADV Cash and AstroPay card as accepted payment methods. This further makes it easier for new traders to join the platform.

Expiry Times starting 1 minute to 1 month

How long would you want to hold your trading position? 1 minute? 1 month? Well, IQ Option offers several trade expiry periods which largely depend on the asset you’re trading.

For example, binary options positions can be held for 1 minute or 5 minutes. Another cool feature is that you can actually set trade entry to occur in the future for example in the next 3 minutes.

A Bit More About the Company

The company was founded in 2013 and it’s CySEC regulated in Europe, and is also EEA Authorized. However, due to EEA regulations, IQ Option will only offer a select collection of their financial instruments to European retail traders.

This broker is a subsidiary of IQ Option Europe Limited and has their headquarters in the Yiannis Nicolaides Center in Agiou Cyprus. This business’ company registration number is HE327751 while their CySEC license number is 247/14.

IQ Option offers their services to citizens of most countries in Europe, Asia, Latin America, Africa, and the Middle East.

They have an international support and this is for 24/7 in several different languages. The support team can be reached through different means including phone, email, chat and Skype.

We did call their +44 20 8068 0760 UK number and confirmed that it works and there’s a real person at the end of the line.

IQ Option Deposit

All right, so moving on to a bit more about IQ option in terms of their account options. The minimum deposit is $10. So it’s actually quite good if you just want to give them a try.

Personally, I liked that small deposit amount just to check if the Depositing would work out. And then you can also actually withdrawal your money, as well, before investing in a larger amount.

The minimum investment amount is $1 per trade. And the maximum is $20,000.

Deposit from as low as $10, all the way up to a maximum of $5,000. And also, your deposit options are bank cards, MasterCard or Visa, e-wallet solutions, ADV Cash, AstroPay and Skrill.

Deposits take a short time to process and reflect in your trading account. In most instances it will be instant.

IQ Option Withdrawal

IQ Option introduced instant withdrawals in 2016.  The net result is that your withdrawal request is processed faster and you get your cash sooner. Withdrawals can only be made to the account you used for the deposit.

For successful and fast withdrawals, proof of identity will be necessary. So make sure that you have a fully verified account before making that withdrawal request.

Download IQ Option Smartphone App

Trading while on the move using your Smartphone is one thing that makes IQ Option stand out. You can download their iOS or Android app for free.

One great thing about these apps is that they will still offer the same features as you’ll find on the browser based or desktop app.

Should you open IQ Option Account?

We recommend to at least give the platform a try with the free demo account.

Sorry for the traders out of the countries who are not accepted. But for many of you, I think this is the one to choose.

Click the link below, and try the free demo account to check out the platform yourself.

General Risk Warning! your capital may be at risk

---

What makes IQ Option stand out?

IQ Option has done a great deal to stand out among its competitors. Their platform is quite user friendly allowing you to navigate through it with ease. Accessibility is also a major advantage where the platform can be accessed via web browser or desktop/mobile app.

In a bid to ensure trader satisfaction, IQ Option has heavily invested in a rich collection of educational resources. There are over 200 educational videos, real time smart news feeds and detailed articles to help traders keep informed about the latest market trends.

We also liked the fact that opening a demo account doesn’t require you provide very personal details such as phone number or credit card.

Their selection of tradable assets is also quite vast. These include not only binaries, but also cryptocurrencies, ETFs, stocks and commodities.

IQ Option has also done a great deal to provide unique financial instruments tailor made for traders in specific regions.

For example, EEA retail traders cannot trade binary options on the platform. However, they still can trader in forex options which offer similarly high returns as the binary options.

What are IQ Option downsides?

We found that this broker is primarily focused on investors who prefer to hold trades short term. The trade expiry times will usually expire at the end of the day unless you set a shorter period. There is however the end of month option which is the longest you can hold a trade position. This makes it an unattractive choice for traders who want to hold long positions that extend to several months.

Should you open an account with IQ Option?

If you’re wondering whether to open an account with IQ Option or not, here’s some information we believe will help you make the right decision.

The IQ Option website is well designed without a lot of marketing clutter such as what you’ll find on many broker websites.

It’s easy to navigate through the different sections and, information about what you’ll get after opening an account is described as you scroll down the site.

The website is accessible via computer or Smartphone allowing you login to your account from virtually any place with an internet connection. The site is available in 13 different languages which make it even more easily accessible to traders from different parts of the world.

Opening an account is easy. For the demo account all you need is provide your names and email account to gain access. The real cash account requires you send over copies of identification documents and verification can take between 10 and 30 business days.

IQ Option has gone the extra mile to provide useful learning resources for traders. Over 200 high quality videos are hosted on the site. These range from beginner training to how to trade specific financial instruments.

They have a constantly updated blog while the newsfeed comes in handy when you need real time information about the markets. There’s also a detailed FAQ section where you can get answers to commonly asked questions.

Depositing money into your account is easy and IQ Option accepts several payment methods including e-Wallet, credit card and wire transfer.

New payment methods are being considered and added to the platform.

Quite recently, they added ADV Cash and AstroPay card among their growing list of accepted payment methods. The amount of time it will take for your trading account to be credited will depend on the payment method you choose.

The minimum amount you can deposit is $10 which is quite fair compared to competing brokers who require minimums exceeding $100.

Depending on the instrument you’re trading, you can invest as little as $1. Withdrawing earnings is also easy and you can request your money to be sent using the aforementioned payment methods.

However, IQ Option will usually send withdrawals to the payment option you used when depositing money. Card withdrawals also take higher priority so this is worth keeping in mind before opening a trading account.

The trading interface is well designed. You’ll be able to access a variety of features in a single click right on the interface.

Some of these features include:

Your trading history that details all your past trades

Choosing an asset by simply clicking on the “plus” sign that appears at the top of the interface

The leader board which simply shows you how other traders are performing in terms of earnings

Tournaments that are about to start

  Market analysis which gives quick access to top performing assets, earnings calendar and forex calendar. This is a great feature for fundamental analysis

Quick single click button to reach their support team

Different video tutorials

Different charts, graphical tools and indicators Speaking of charts and indicators, IQ Option is continuously updating them to suit different trading styles. For example, the platform recently introduced the Ichimoku Cloud, Belkhayate Timing, DPO and KDJ indicators.

Excellent customer support is a must have for any decent broker. IQ Option offers support through a number of ways including phone, email, and recently they have added live chat which is the fastest way to get your questions addressed.

You can also easily interact with other traders through the chat feature that’s directly accessible from your trading account. This comes in handy when you’re looking for hot tips that can lead to successful trades.

So what about effective returns on trades? IQ Option offers up to 92% effective returns on successful trades. This is higher than what many brokers currently offer. The trade expiry times are short term with speed trading options starting from 60 seconds to 1 hour. The longest you can hold a trade is 1 month.

Trader complaints about IQ Option

Finding trader complaints and comments about IQ Option required some digging. However, we came across some on pissedconsumer.com.

Many of the complaints centered around price differences between actual market prices and the strike prices on the platform.

Most traders pointed out that what they eventually made was significantly lower compared to what they actually expected.

Such complaints might have prompted CySEC action since the regulator recently withdraw a fine they’d imposed on the broker for “not executing orders the best possible way for their clients”. Another reason many traders complained is regarding IQ Option withdrawals. Most said that their money took too long to reach their accounts. However, IQ Option actually states that it can take up to 45 days for wire transfer withdrawals to reach your account.

Luckily they also introduced instant withdrawals this meaning traders now get their money faster. The Instant withdrawals back to the card are not wire transfers and are available for all countries.

The site claims that 68% of withdrawal requests are usually processed within 24 hours which is great.

NOTE: The wire transfers are currently only available for the following countries: Brazil, Argentina, South Africa, Thailand, Philippines, Vietnam, Indonesia, Malaysia, and all the euro regulated countries.

As recommended earlier, you should carefully choose the payment method to use as it will affect deposit and withdrawal times.

Many traders also praised the platform due to their low $10 minimum deposit and other useful features. In addition, since CySEC withdrew the aforementioned fine, complaints seem to have reduced which we consider a good sign that IQ Option is doing things right.

User friendliness

We like the user friendly platform design will well laid out sections. It’s pretty easy to find a specific section through a few mouse clicks.

The account interface does tend to become cluttered especially if you have several trades open and using multiple windows but we’ve seen worse.

The broker seems to target traders from Europe and Asia and that’s why the languages supported come from these regions.

Accessibility is further enhanced through the mobile friendly interface meaning you can trade from virtually anywhere.

Tradable assets

This is one of the few brokers offering over 10 million different financial assets to trade. Here’s a rundown of the different assets you’ll find on the platform.

Options

IQ Option started out by offering binary options. These offer a fixed return (up to 92%) on successful trades. There’s no leverage and the maximum amount you can lose is your investment.

Digital options

The broker has recently introduced a revolutionary instrument called digital options. These simply make trading and profiting* from options trading faster.

* Of course, what you can gain on the upside you can also lose on the downside

Trading with digital options has several advantages the main one being that you can make up to 900% returns on successful trades. The potential percentage profit depends on your chosen strike price.

Of course, you cannot lose more than you’ve invested. What’s more, you can actually exit a trade early to minimize losses or lock in profits. Trade expiry times are set at 1minute and 5 minutes. These are especially suited for traders in non regulated countries where FX options aren’t available.

Commodities

This platform offers several commodities that include gold, oil and silver. Try these out if you prefer remaining in position for longer periods.

ETFs

These track groups of assets, indices and commodities and trade similarly to stocks. Their main advantage is that they allow you to diversify your portfolio and you can buy as little as a single share.

Stocks

This broker gives you access to over 165 different stock CFDs from the world’s leading companies.

Forex

You can trade the world’s most popular currency pairs on this platform and enjoy leverage of up to X1000 if you’re trading from a non European country. If you’re a European trader, not to worry because this broker offers forex leverages of up to X30.

Forex options

FX Options are another financial product that’s suited for European traders. These simply combine forex and digital option with a sweet twist – there’s the potential for unlimited profits and limited losses.   As you’ve seen with digital options, you’ll need to select a strike price at which you think the financial instruments price will reach. The platform will automatically calculate your expected profit potential*.

* Of course, what you can gain on the upside you can also lose on the downside

However, FX options have a set expiry of 1 hour. But the cool thing is that you can still exit the trade before maturity to lock in profits or minimize losses.

Cryptocurrencies

These are some of the hottest assets to trade in today. IQ Option gives you access to 11 of the most popular cryptocurrencies. What’s more, the broker offers unique leveraged cryptocurrencies.

For example Bitcoin x 100 allows you to trade BTC with a leverage of X100. This increases your profit (or loss) potential.

It’s worth noting that leveraged cryptocurrencies are only available to traders outside the EEA.

Indices

IQ Option also allows traders to invest in 11 of the world’s largest indexes. You’re also offered leverages of up to X150 when trading indices on this platform.

Commissions and effective returns

IQ Option focuses mostly on short term expiry periods. If you want to hold extremely short term positions, you have access to turbo options which have expiries of 60 seconds and 120 seconds.

Short term options have expiries of 1 minute, 5 minutes and increments of 5 minutes thereafter. The longest you can hold a trade position is 1 month.

This broker offers decent effective returns where a successful trade can get you up to 92%.

Contact and Support

IQ Option excels with regard to providing world class customer support. Their support team can be reached in a variety of ways including Skype, phone, email and chat. They’re also quite quick to respond to customer queries.

There’s also a chat feature provided within your account interface. This allows you to chat with fellow traders. It can come in handy when you have a particular question which can be answered by a more experienced trader.

Deposits, withdrawals and bonuses

Depositing money into your real cash account is quite easy with accepted payment methods including e-wallet, wire transfer and credit card.

The verification process that follows thereafter could be a bit shorter as it could take weeks for your account to be verified. The minimum accepted deposit amount of $10 is also quite fair given some brokers will require a minimum of over $250.

Withdrawing your earnings is also quite easy. However, IQ Option will normally accept withdrawals made via the payment method you used to deposit money into your account.

IQ Option doesn’t offer any sign up bonuses. It’s a requirement by CySEC Europe.

Website extras

IQ Option has made huge strides to offer many useful features to make trading easier. Their collection of over 200 different video tutorials makes it easy to get started using the platform.

The demo account is also a good addition and we like the fact that there’s no limit to how long you can use it.

Your trader account also gives you access to a variety of tools and features that make trading using your preferred pattern easy. These tools include charts and indicators most of which are not offered by many brokers.

Since their launch in 2013, IQ Option has become one of the fastest growing online binary options brokers. Their huge selection of tradable assets, learning resources and trader friendly features are just a few of the reasons why their growth has been so fast.

When we did our first IQ Option review, long withdrawal processing times especially via wire transfers were a major problem. This was handled by introducing instant withdrawals where traders now get their money faster.

The broker has also made efforts to introduce new financial instruments (digital and forex options), increased leverage, more indicators and other exciting features to make your trading experience as smooth as possible.

These efforts haven’t been in vain as now the broker oversees transactions of over $380 million per month and average trader withdrawals of $10.8 million per month. What this states, is that there are a legitimate number of traders on this platform.

Overall, if you’re a novice or experienced financial instruments trader looking for a reliable and fully regulated broker, IQ Option is worth considering.

General Risk Warning! your capital may be at risk

FAQ

Is IQ Option Regulated?

Yes. The company is regulated by CySEC. (Cyprus Securities and Exchange Commission) in Europe. With the License number: 247/14 and is also EEA Authorized (Authorized Payment Institution)

Where is IQ Option based?

IQ Option Europe, their headquarters is based in Cyprus at Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol.

What is the maximum trade size by IQ option?

For both demo and real money account, the maxim investment you can make on 1 trade will be a $20.000.

How safe is IQ Option?

Apart from abiding by all regulative requirements, IQ Option likewise takes strong steps to secure the safety of their clients’ financial and personal details. All web traffic in between the trader’s computer system and IQ Option’s servers are encrypted utilizing SSL technology to avoid any unauthorized gain access to your account.

Does IQ Option usage MetaTrader?

No. IQ option has their own designed platform and is not connected to The Meta Trader platform.

The best ways to deposit in IQ Option account?

Personally, I have a really good experience with “Skrill Wallet”, because IQ option do not charge you any extra fees for deposit or withdrawal. And also signing up and transferring money goes fast and completely painless. Click the link down below to “Skrill Wallet” and check it out yourself;)

The Best ways to withdraw cash from IQ Option?

Skrill Wallet is, in my experience, the best way to go because IQ option do not charge you any extra fees for deposit or withdrawal. Also, the withdrawal is possible in any amount and goes very fast. The last view Withdrawals I made myself were all within 12 to 24 hours. (On working days)

Does IQ option have a good reputation in the market?

Yes. The broker has built up a good reputation over the years and has a regulated status, there comes by all the

awards they have won. Also, IQ Option has been growing judging from the number of withdrawals made each month. In 2015, traders withdrew an average of $1.5 million per month. This jumped to over $10.8 million per month in 2017.

Also, they have been the official partner of Aston Martin Racing from 2017 to 2018. IQ Option has truly demonstrated that the online trading world can be trusted.

Awards of IQ option:

Century International Quality Gold ERA Award	-By Business Initiative Directions Group
Best Technology Application	-By The Web Marketing Association
Best Binary Options Broker Europe 2015	-By Global Banking & Finance Review
Most Innovative Binary Options Platform	-By IFM Awards 2015
Best Mobile Trading Platform	-By IFM Awards 2015
Fastest Growing Binary Options Brand	-By Global Brands Magazine
Best Trading Platform	-By Forex Awards 2014
World’s Leading Binary Options Broker	-By MasterForex-V
Most Reliable Binary Options Broker	-By MasterForex-V
Most Innovative Binary Options Broker	-By Show FX World
Best Binary Options Broker	-By FX Report Awards
Best Binary Options Broker Trading Application	-By IAIR Awards

Ways to open an account with IQ Option?

To open an account is Free of charge and easy to do by Email, Facebook or Google+.

After the sign up you can use the $10.000 Demo mode account.

To switch over to a real money account you need to make a minimum deposit of $10 USD.

After switching to a real money account it is recommended to verify your identity as well because you need this to make the withdrawal possible.

How to use IQ Option in the USA

Unfortunately you cannot use the IQ Option platform in the USA. The reason for this is that they’re not regulated by the relevant US based authorities.

How to change your currency deposit money in IQ Option?

You can only change your accounts currency when making your initial deposit. To do this, click on the “Deposit” button on your demo account. Next, on the deposit window that appears, choose your preferred payment method.

Next, enter the amount. Just to the left of the ‘Amount’ field, there’s the ‘Currency’ field. Click on it and choose the currency your trading account will be in.

update 24-1-2019: What is VIP IQ Option?

According to a phone call with IQ Option: ”VIP-accounts, they’re no longer called that and their benefits are only available for a very limited number of traders who meet certain conditions.’

How to get real account IQ Option?

Opening a real IQ Option account is quite simple. Simply visit their main website iqoption.com and open a demo account. Next, click on the ‘Deposit’ button at the top right of your interface.

This will take you to the deposit window where you’ll choose the payment method and the amount to deposit. Once you’ve made your deposit, it will take anything from a few seconds to hours for your deposit to show up in your account. Now you can start trading with real money.

NOTE: We recommend you verify your account immediately you make your initial deposit. This will make it easier to withdraw your earnings later on.

Where is IQ Option allowed?

This broker is CySEC regulated and can offer their services to citizens in most European countries. They are also allowed in non-regulated countries mostly in Asia, Latin America, Africa, the Middle East and New Zealand. It’s however worth noting that some financial instruments are only available to traders in specific regions.

Why won’t IQ Option let me deposit?

There are two main reasons why IQ Option won’t allow you to deposit. The first is that your chosen payment method isn’t supported by the platform. The easiest way to remedy this is choosing a supported payment method.

The second reason is that you’re opening an account from a non-supported country such as the USA. We recommend contacting customer support for further assistance.

What is CFD in IQ Option?

IQ Option CFDs allow you to speculate and trade based on the price movements of specific assets (indices, cryptocurrencies, and stocks). Thus, you’re simply predicting whether the underlying asset’s price will go up or down over a specific timeframe. Your goal is to capitalize on the difference between current and future prices. So there’s no predetermined return like you’ll find in binary options.

How to trade forex in IQ Option?

To trade forex on the IQ Option platform, you’ll need to first choose the ‘forex’ option among the assets list.

Select the currency pair you want to trade in. next, choose the amount to invest as well as the multiplier (optional).

Next, apply your trading limits (stop loss and take profit). These allow you to limit losses and also lock in profits in case markets reverse against you. Next, select the direction you think the FX pair’s price will move to enter position.

How to buy and sell Bitcoin on IQ Option?

The only way to buy and sell Bitcoin on the IQ Option platform is through cryptocurrency CFDs. Here, you won’t actually own BTC tokens. Rather, you’ll be profiting by speculating on the token’s price movements.

Your profits will be generated by getting the difference in price at trade entry and price at trade exit. To get started, follow these steps:

Select Bitcoin from the cryptocurrencies list Enter the trading amount you want to invest Enter trading limits (stop loss and take profit) Click on ‘buy’ or ‘sell’ depending on the direction you expect Bitcoin’s price will take

What is IQ Option digital?

IQ Option digital options are a relatively new instrument. This allows you to make higher profits compared to binary options.

How? You can simply choose the strike price (what price you expect the asset to reach) and timeframe (over which you’ll old position).

Once this is done, the platform automatically calculates your expected profit. You can also exit a trade before expiry to lock in profits or minimize losses.

Which eWallet is best for IQ Option?

IQ Option accepts several eWallets such as Neteller, Skrill and WebMoney. Personally, I’d recommend Skrill due to the zero fees charged and fast processing times.

What is IQ Option broker app?

The IQ Option broker app is specially designed software that runs on your Smartphone or desktop. It makes logging in to your trading account easier, faster and even more secure. The app runs on Android, macOS, Windows and iOS devices.

What is IQ Option multiplier?

The IQ Option multiplier is a special feature that allows you to trade with “borrowed” money. For example, if you’re entering a trade by investing $100 you can apply a X50 multiplier which means your investment is now $5000.

If your trade is successful, you’ll make 50 times more than if you simply traded with $100.

What is crypto in IQ Option?

This is simply short form for cryptocurrencies available on the platform. Cryptocurrencies are a form of virtual currency that’s supported by blockchain technology.

Of late, they’ve become one of the most popular financial instruments among traders across the globe. IQ Option currently offers 11 different cryptocurrencies.

IQ Option pro’s

Islamic account

Offers trading app

Accepts credit cards

General Risk Warning! your capital may be at risk

 

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor, accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Tags: Iq Option, Iq Option Api, Iq Option App, Iq Option App Download, Iq Option App Review, Iq Option Demo, Iq Option Download, Iq Option Expiration Time, Iq Option Ios, Iq Option Is Safe, Iq Option Islamic Account, Iq Option Online Trading, Iq Option Registration, Iq Option Review, Iq Option Tournament, Iq Option Trading, Iq Option Ultimate Trading Experience, Iq Option Withdrawal Problems