IQ Option

Overview

IQ Option Review Established in 2013, the binary broker IQ Option is owned as well as operated by Iqoption ltd. IQoption does not entertain US clients. IQOption Features Min.Deposit :…

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IQ Option Review

Established in 2013, the binary broker IQ Option is owned as well as operated by Iqoption ltd. IQoption does not entertain US clients.

IQOption Features

  • Min.Deposit : $10
  • Deposit Options: Credit Card, Wire Transfer, Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller, Boleto
  • Payouts : Up To 91% **Amount to be credited to account in case of successful trade*

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** Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.*

Trading Platform

IQ Option makes use of a proprietary trading platform which is significantly different from the generic platforms that the leading binary brokers often provide. The broker also offers a demo platform for you to practice trading strategies. Whereas most binary options trading platforms employ a slider bar for helping traders choose the amount they want to invest in trade, the investment amount is predefined (USD10, USD 20, USD 50 and USD80) in the case of IQ Option platform. However, you are also provided with the option to decide the amount you want to invest. All you need to do is enter the desired amount into a box. The navigation options are provided on web-browser and standalone app platform. IQ Option also supports mobile trading through apps designed for both android and iOS smartphones.

Payout

The payout offered by the broker is one of the best in the whole of the binary trading industry. If your prediction turns out to be correct (in-the-money expiration of the contract), you can earn profits of up to 91 percent on the amount invested by you in a particular trade. If the price of the underlying asset at the time of expiration of the option contract is the same as the strike price of the asset, the broker would return the value of the option to you.

Real Account Features

  • Deposit starts from USD10
  • More than 500 assets
  • Full access to trading opportunities
  • Eligibility to participate in trading competitions
  • Withdrawals are processed in 1 day

Deposits

You can deposit funds into your trading account using one of the following options:

Credit Card
Wire Transfer
Skrill
Qiwi
WebMoney
CashU
iDeal
Fasapay
Neteller
Boleto

The minimum deposit you need to make to start trading is USD10. IQ Option does not charge any commissions on transactions. However, payment systems/payment aggregator may charge commissions for transactions.

The minimum amount you can invest in an option is as low as USD1.

Withdrawals

IQ Option specifies a minimum withdrawal amount of USD10. IQ Option does not charge any commissions on transactions. However, payment systems/payment aggregator may charge commissions for transactions.

Asset Index

IQ Option offers as many as 500 different assets for binary trading from the four major asset classes Commodities, Currencies, Stocks and Indices.

Customer Support

Even though the broker is focusing more on international clients, their website is available in 18 other languages. You can contact the company’s support team through email, Skype, Live Chat or the Web form available on their website.

Reliability

in 2016 more than 14 million accounts registered.

Pros

As many as 500 underlying assets from around the world are offered for trading

Intuitive and proprietary trading platform

Minimum deposit required to start trading is as low as $10

Payout offered is very high

Demo account available

High return on out-of-the-money trades offered

Cons

** Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.*

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