Is IQ Option a Scam Binary Options Broker or Not?
Read This 100% Detailed & Honest IQOption Review
Professional Traders Share Their Experience With IQOption
How to Open Demo & Start with Only $10 – See All Below!
|Headquarters||Kemp House,152 City Road, London EC1V 2NX|
|Support Number||+44 20 3318 7173|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Minimum 1st Deposit||$10|
|Minimum Trade Amount||$1|
|Open FREE Demo||Open FREE Demo|
|Account Types||Demo, Real, VIP|
|Deposit & Withdrawal Methods||VISA, Master Card, Scrill Moneybookers, CashU, Neteller, WebMoney, POLi, Wire Transfer|
|Number of Assets||70+|
|Account Currency||USD, EUR, GBP, RUB|
IQ Option is a very popular binary options broker platform. It operates since 2013 and is one of the most preferred brokers in the industry.
The brokerage offers its clients a user-friendly interactive environment both in terms of the website and the trading platform. This greatly enhances the trading experience is one of the key components of IQ Option’s success in the community.
Review Verdict: IQ Option is NOT a Scam
IQ Option offers a great number of special features and is highly beneficial to its clients. Our detailed review on the broker can give you a better idea of why we consider it a safe choice for trading.
How To Use?
You can trade on IQ Option’s trading platform with demo account, real account or VIP account. To open a trading account with the brokerage is free of charge, and it also accepts one of the lowest starting investments in the industry – you can begin trading with as low as $10.
When you access the trading platform on IQ option, you need to choose the asset you want to trade with – Forex pairs, tradable goods, equities and indices. Specify the amount of investment you want to make and set an expiration time. All you have to do next is purchase either PUT or CALL option, according to your prediction of the outcome.
No Download Required
IQ Option runs in your browser and there is no need to download application.
Additionally, you can download a mobile trading application but it is not obligatory. The team of IQ Option has developed the app to make it easier for traders to invest even when they are not in front of the computer.
How to Get Started?
1. FREE Sign Up – it is a fast and free of charge procedure. The trader just needs to provide his/her details that will be absolutely confidential.
2. Trade & Profit – now you can start trading! The initial deposit is just $10 and even if you have only $1 in your pocket, as the minimum investment sum is $1.
3. Withdraw – undoubtedly, you earn. Thus, you will need to withdraw your earnings. Definitely you want to do it in a fast and comfortable way.
IQ Option offers stable returns which are among the highest in the industry. Payouts are fixed and can reach up to 92% per trade, depending on its characteristics.
As mentioned above, to open a trading account with IQ Option is free. But in order to begin trading, you need to have some initial capital to distribute in your trading balance. The minimum initial investment is $10 and you can place as little as $1 per trade.
Is IQ Option a Scam or Not?
First of all, the activity of IQ Option is licensed by CySEC, it means, its activity is regulated and controlled.
As the second evidence of reliability can be considered the numerous awards, that IQ Option got for its excellent service. IQ Option can afford such things as being a sponsor of the most significant sport events, such as the Formula 4. That does not tell much about the reliability of the broker itself, but we can make an assumption, that a broker, that does not earn, cannot perform such activities.
That means, a trader, who has an account with IQ Option, earns too, otherwise he/she would not register with IQ Option and would not use its signals. Based on these significant facts, we can assume, that IQ Option is a reliable broker, and the signals offered by it help to trade successfully.
IQOption Trading Platform
The IQ Option trading platform has all advantages of a well-designed service oriented to customer’s satisfaction: user friendly interface, which is so simple, that even the very beginners can navigate it a good choice of assets – traders can choose among all most common assets, such as stocks, currencies, commodities. Price quotes in real time mode, from first hands, enable traders to make based decisions and invest in opportunities to earn.
Account Types and Bonuses
IQ Option offers several kinds of accounts, so, everyone can trade. Moreover, each trader can take advantage from bonuses, and they are offered for each account. Like this, IQ Option cares about each of its trader, does not matter which sum the trader deposits into his/her account.
- The Free Demo Account – the availability of this account is definitely an advantage, as it gives an opportunity to check if the broker is the right one for you. A trader can trade with virtual money, in order to practice and to get used to the broker. Such “luxury” can be afforded only by a company that is confident in the quality of its services.
- The Real Account can be opened by any trader, as the sum of deposit equals just $10. That is not the only advantage. Even if a trader makes a bad decision and loses the invested money, the company offers to return him up to 45% of the invested sum. And do not forget about the bonuses! 80% from the sum of the first deposit are returned into the account of a trader as a bonus.
- The VIP Account is an account that can be afforded not by each trader. The sum of initial deposit is much higher, that the deposit sum in case with the Real Account. Though we shall agree, that conditions are quite different, too. Take the 100% money return for each deposit. But this is just a start. The owners of VIP can enjoy the services of a private account manager, they receive every month detailed analysis of trading strategies, and some more things that do not influence the trading itself, but make the life of a VIP account owner much more comfortable.
IQ Option Website Preview
Deposit and Withdrawal Procedures
IQ Option offers many ways of money depositing, though all those ways have a common feature – safety of your funds and information. Withdrawal time takes from 1 to 3 working days, depending on the account status. As you remember, VIP account holders can get their money within one day upon request submission. Both the minimum deposit and withdrawal sum is $10. As you can see, one does not need to be a millionaire to trade with IQ Option.
Customer support is one of the features that a trader notices immediately. The customer support provided by IQ Option is a high quality service and is available in a variety of languages – Russian, Spanish, Italian, Turkish, German, French and other. You can contact them via email.
IQ Option was the second broker I tried trading with. The first one greatly disappointed me and the account manager cost me a lot of investments. Not with IQ Option! I have been trading on its platform ever since I discovered it and not once did I have problems with my trading or withdrawals. This is one of the most loyal and ethical brokers I have encountered. And it’s helped me generate a lot of profits over a significant period of time. I would recommend it as a broker to anyone who is wondering where to start from.
Even though it’s not perfect, IQ Option is among the best broker alternatives.
It is licensed and regulated and offers a demo account, which is a huge advantage for any broker platform. IQ Option also requires the lowest minimum deposit possible, of just $10, and has a flawless customer service.
That is why our team readily recommends it as a suitable brokerage.
We Recommend You to Get Free Demo Account with IQ Option.