Overview

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Details

Broker IQ Option
Website URL www.IQoption.com
Headquarters Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus
Support Number +44 20 3318 7173
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $10
Minimum Trade Amount $1
Payout Up to 91% (in case of successful trade)
Free Demo Account Open Demo
Account Types Demo, Real, VIP
Deposit & Withdrawal Methods Credit Card, Wire Transfer, Skrill, Neteller, Boleto, Qiwi, WebMoney, CashU, iDeal, Fasapay
Number of Assets 500+
Account Currency USD, EUR, GBP, RUB
Overall Score 7.9/10

Full Review

Established in 2013, IQ Option is an online investment broker that is owned by IQOption Europe Ltd. The company is based in Cyprus and operate under the license number 247/14.

Review Verdict: IQoption is Not a Scam

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*Risk Warning: Your capital might be at risk.

During our research on this broker, one of the good things that we found was that it is quite different from the rest on the market. The broker aims to do things differently and this is the reason they don’t look or feel anything like other online brokers. Whether it is the layout of their website, terms and conditions, account types or trading platform, everything about this broker is unique. More details about what makes them different can be found in this comprehensive IQOption review.

How To Use? 

iq-option-platformIt only takes two minutes to create an account with IQOption. Once you have created a live trading account and funded it with cash, you will be able to invest on the available assets.

IQ Option has over 70 assets to choose from and a variety of option types. Traders can make decisions based on their preferences. IQOption is a reputable brokerage company and traders can choose them because their payouts are also quite high.

Regardless of the trading skills or level of expertise one has, the trading experience will always be positive. With this broker, traders are presented with ample opportunities to maximize their gains.

Interesting Fact:

While the minimum deposit is $10, the minimum investment per trade is only $1 which is the lowest in the industry. So, even if don’t  have much experience, you can start out with a real trading account instead of a demo account because of lower risk levels and also to get access of the complete features.

No Download Required

Gone are the days when traders had to download the broker’s software to be able to trade. The disadvantage with downloadable software was that it could be used on only one computer or device. Basically, it placed huge restriction on the ability of traders to execute trades, especially when they were out or on the move.

But IQOption’s trading platform is entirely web based meaning that as long as you have your login details, you can trade from anywhere you want or from any device you want. Even if you are on the move, you can perform trading actions from your mobile device if it is connected to the internet.

How To Get Started?

Getting started is very intuitive because there is only a 3 step procedure that needs to be followed. Traders have to open an account which they can do by filling in their details in the sign up form. Next, they can add a deposit and make some trading choices. Profits that are earned will be added to the account and when traders want to withdraw it, they can fill out a withdrawal request form.

What is The Cost?

Traders don’t have to pay any fee to access the features of this broker or use its trading platform. Having an active account and funds in the account is enough to take part in trading related activities.

Is IQOption a Scam?

Right from the moment we landed on their website, we could see that the broker means business. They are very professional and this is evident from the layout and information on their website. They haven’t used any cheap marketing tactics just like scam brokers use.

Review Verdict: IQoption is Not a Scam

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*Risk Warning: Your capital might be at risk.

They have been in the industry for long and naturally they had a lot of time to become regulated. IQOption is regulated. When traders sign up with them and add a deposit, they can rest assured about their funds.

Moreover, there are no serious complaints about this broker. For the past four years, traders have been able to withdraw their funds with ease. The broker doesn’t hold onto trader’s funds just like scam brokers do. They process funds swiftly without causing any sort of inconvenience to traders. From what traders have to say about this broker in their reviews combined with what we have found, IQ Option is a legit broker.

Finpari Website

IQ Option Website Preview

Account Types & Bonuses

IQOption wants to treat each one of their customers fairly and this is the reason they offer only two types of accounts. Let’s take a look at their account types.

  • Real Account – starts with a minimum deposit of $10. Traders get access to over 500 assets, trading opportunities and ability to participate in trading competitions.

  • VIP Account – starts with a minimum deposit of $1000. Traders get access to a personal manager and monthly analysis of the trading account in addition to the benefits offered to Real account holders.

iq-option-accounts

Trading Platform

IQOption has designed its own trading platform which has a range of unique and special features. It has a live graph feature which is highly responsive. The features prevent traders from making wrong investment decisions. They have been designed to be available to people.

Customer Support

When we looked at the support service, we found out that their team is available 24/7 via email, telephone and live chat. They support a variety of languages, too.

Testimonial

jake“I have been trading for many years now and I can honestly say that I have never come across a broker like IQ Option. They are very good in every respect. All their features are awesome and they make trading fun. It is always a pleasant experience to trade with them.”

Jake, 43

Conclusion

best 3We are really impressed with the way the broker has paid attention to every small detail on the website. Everything about them exudes professionalism and from what we can see, they have truly risen the services to a whole new level.

We haven’t seen any other broker websites or platform that is as efficient as the one at IQ Option. They are trustworthy in every way and therefore we give them our recommendation.

General 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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