IQ Option | Binary Options Brokers

IQ Option Review

Overview

* 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…

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Details

Broker IQ Option
Website URL http://www.iqoption.com
Founded 2013
Headquarters Alta Vista Trading Ltd, 
306 Victoria House, Victoria, Mahe, Seychelles
Support Number +44 20 3318 7173
Support Types Email Form , Phone , E-Mail
Languages English , Turkish , Chinese , Spanish , Portuguese , Indonesian , Russian , Italian , German , Korean , French , Swedish , Norwegian
Trading Platform SpotOption
Minimum 1st Deposit $10
Minimum Trade Amount $1
Maximum Trade Amount $1,000
Bonus *
Payout 91% * (* Amount to be credited to account for a successful trade.)
Free Demo Account Yes
Regulated Yes
Regulation EU Regulated.
Account Types Demo Account , Real Account , VIP Account
Deposit Methods VISA , MasterCard , Maestro , Bank Wire , Neteller , CashU , WebMoney
Withdrawal Methods VISA , MasterCard , Maestro , Bank Wire , Neteller , WebMoney
Trading Methods Browser , Mobile
Number of Assets 500+
Expiry Times 60 sec , 2min , 5min , 15 min , 1 hr , End of Day , End of the Week , End of the Month
Types of Assets Commodities , Forex , Indices , Equities
Option Types High/Low , 60 Seconds
Trading Currency Contact the IQ Option Support please
Account Currency Contact the IQ Option Support please
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 100

Screenshots

Screenshot 1 Screenshot 2

Pros

  • Low first deposit
  • Rich # of language alternatives
  • Many awards
  • $1,000 Demo Account
  • Fast Withdrawals

Cons

  • Does not accept traders from USA, Canada, Australia, Japan, Russia, Turkey, Israel, Syria, Sudan and Iran
  • No Deposit/Welcome Bonuses

Full Review

Trustworthy Binary Broker Seal* 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.

IQ Option offers you innovative features with relatively low first deposit amount and a state-of-the-art trading platform. It would be wrong to not consider these features positive, since they make IQ Option a really creative broker, offering a high-tech based trading environment and satisfactory service. After having finished with our IQ Option review, we have to say we were satisfied, and personally, recommend it to our followers. Please kindly note that IQ Option does not welcome traders from Japan and US.

IQ Option Special Features

The minimum deposit amount is $10 while the maximum returns go as high as 91% *.

* Amount to be credited to account for a successful trade.

Besides, this broker offers additional features that will be available to the traders.

IQ Option comes with 3 account types.

Demo Account

The Demo Account comes under the basic starter account type. We had chosen this account type in our IQ Option review.

Below are the features of the demo trading account:

  • $1,000 amount of virtual funds.
  • A chance to be familiar with the trading platform.
  • Same features as the real account.

If you wish to create your account faster, you can always sign up using Google+ or Facebook.

Real Account

  • Begins with a deposit of $10.
  • Exclusive access to all assets.
  • Exclusive access to trading competitions. (*)

* Subject to Terms & Conditions.

VIP account

  • A trader has to deposit a total amount of $3,000.
  • A personal account manager.
  • Quick processing of withdrawals. (Special terms apply)

All the amazing above features apart, users also gain access to an interactive web-based trading system that comes in various languages such as English, German, Japanese, French, Romanian, Polish, Turkish, and much more.

IQ Option Trading Software and Assets

Those who regularly read our reviews are aware of the fact that we give the most importance to trading platforms. Because they are the backbones of the Binary brokers. After logging into the IQ Option platform, the user is quickly redirected to the trading platform and every tool or link can be accessed using the panel on the left-hand side.

The trading navigation panel is situated on the right-hand side and users can place trades through it. The central region is the massive graphing tool. On the left, users get to choose two different kinds of binary options. There is a bubble that consists of a number right next to e-*very type. That number represents the total number of open positions. One would need some time to get used to the graph controls as the move and zoom controls work in an independent manner. The interface also consists of the withdrawing and depositing panes. These work efficiently.

On the lower section of the interface, a list of all the trades being entered by other users in real time is displayed.

Users can also trade on-the-go, thanks to IQ Option’s mobile version. A mobile application is available for iOS and Android platforms and can be downloaded with free of cost from the App Store/Play Store.

Support and Services

There are 4 alternatives which you may use to reach Support as stated below:

  1. E-mail.
  2. Skype. (It’s like a regular call, no camera needed)
  3. Live Chat.
  4. Support Tickets on the platform.

Moreover, various languages such as English, Italian, Indonesian, Portuguese, Russian, Spanish and Turkish are supported by the website. The FAQ is also well-written and detailed, sure to help the users with general questions.

Banking and Company

We have already hinted how IQ Option offers banking services. A single control interface gives the users access to all functions such as depositing, withdrawing, payment type, etc. as soon as the user logs into their account. The deposit panel consists of a list of amounts that a user can deposit, and as we have mentioned above, the user can also choose the amount they wish to consider with their deposit. The withdrawing process is the same and does not require more than a few clicks to finish. All that the user will have to do is select the withdrawal service, choose an amount and hit the request button.

The users may prefer WebMoney, Yandex, Qiwi, MasterCard, VISA or Bank Wire in order to withdraw their funds. If users prefer to use e-wallets, they can choose between Neteller, CashU and WebMoney.

Generally, the deposits are free but the withdrawals would bring up a fee of $50 for bank wire. However, the minimum withdrawal is only $10. Users can feel free to track any operations or trading history in the control panel.

Alta Vista Trading Ltd, the company behind brokerage, proved to be of great help throughout our IQ Option review.

“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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Paul Graber

I was born in Manchester in 1967. I am an Economist with a Ph.D. degree. I have been working in the financial trading industry as a professional since 2003. I am a fan of Manchester United team. I am married and have a little princess.

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