Is IQ Option Legit or Scam - Broker's Review

IQ Option is one of the largest online trading platforms for investing in financial instruments. You can trade over 500 markets in one software. In this test, we go into more detail about the conditions and functions of the online broker. Show you how to trade and answer the question “Is this company worth investing in？” - Find out in the following paragraphs.

IS IQ OPTION REGULATED？ – FINANCIAL SECURITY

Regulation and security of customer funds are very important in online trading. Many scam companies on the internet want to steal money from customers. When choosing a CFD broker, you should always look for official regulation.

IQ Option is a fully regulated and licensed online broker in Europe that accepts international traders. The regulation comes from CySEC (Cyprus) with license no. 247/14. Also, the company is registered in various countries for financial transactions.IQ Option uses European banks and separate customer funds. Therefore, with IQ Option, fraud can be ruled out. Based on our experience, it is 100% safe to invest money on the platform.

In addition, IQ Option is a member of an investor compensation scheme. This means client funds are protected up to €20,000. This security reimburses the transaction if the bank, broker, or payment system goes bankrupt.

Regulation facts:

• Regulated company in Europe (CySEC license)

• Registered in many countries for financial transactions

• Separate customer funds

• Regulated payment methods

• Protection of funds up to €20,000

IQ ASSETS AND FINANCE PRODUCTS OPTION

What can I do with the IQ Option Act？ – You can trade over 500 different markets on the platform. Stocks, currencies, commodities, ETFs, and cryptocurrencies. The range of markets is quite wide and in our experience IQ Option is constantly adding new markets to its platform. To trade in these markets you can use various financial products that we will discuss in this section.

Options:

IQ Option offers traders digital options and binary options. Binary Options (Wikipedia) is the broker's most popular financial product. You can trade in more than 100 different markets such as stocks, currencies, and commodities. The return is very high at 80-95% compared to other binary options brokers. Choose different expiry times from 60 seconds to a few days for options.IQ Option also took first place in our broker comparison for binary options.

Typical yield of Binary Options (sample assets):

ASSET:	YIELD:
EUR/USD	Up to 100%
USD/JPY	Up to 95%
GBP/USD	Up to 95%
OIL	Up to 90%
Gold	Up to 90%

Forex:

More than 60 different currency pairs are available on the platform. The spreads are very tight and are less than 1.0 pips on the EUR / USD contract. In addition, there is a leverage of up to 1: 1000. Surprisingly, IQ Option is one of the few brokers where you can change the leverage before each trade.

Typical spreads and leverage in forex trading (sample assets):

ASSET:	SPREADS FROM:	MAX. LEVERAGE:
EUR/USD	0.4 pips	1:1000
USD/JPY	0.8 pips	1:1000
GBP/USD	1.0 pips	1:1000
AUD/JPY	0.8 pips	1:300
GBP/JPY	1.3 pips	1:1000

Stocks:

You can trade stocks via CFD (Contract for Difference). Maximum leverage of 1:20 is available. With CFDs, you can easily invest in rising or falling prices. The shares are available on international stock exchanges. Also, spreads are low and you can benefit from high volatility.

Crypto:

Since 2017, cryptocurrencies have been very popular due to the rapid price changes. You can trade these assets through CFDs and invest in rising or falling cryptocurrencies. There are more than 20 different assets available and you can take advantage of high leverage of up to 1:100.

Typical spreads and leverage on cryptocurrencies (sample assets):

ASSET:	SPREADS FROM:	MAX. LEVERAGE:
Bitcoin	20.5	1:100
IOTA	0.00174	1:20
Ethereum	2.324	1:50
TRON	0.00011	1:50
Litecoin	0.33496	1:20

Commodities:

Trade commodities such as gold, silver, platinum, and crude oil with maximum leverage of up to 1:20.

ETF:

This is a good way to build a portfolio with many different assets. An ETF is an exchange-traded fund. Various assets and markets are included in this fund. Trade over 25 different ETFs on the IQ Options platform with a maximum leverage of 1:5.

IQ OPTION TRADING PLATFORM REVIEW

IQ Option offers its traders a unique and professional trading platform. This platform is available for any device such as a computer or smartphone. In our experience, the IQ Option trading platform is one of the best software programs for traders. IQ Option is continuously adding new features to the software and trying to improve the trading experience for customers.

In the next section, we will give you a better overview of the trading platform and what you can do with it. As a professional trader, we recommend that you use a free demo account with IQ Option to get a good impression first.

IQ Option trading platform basics:

• Customizable and easy to use

• Multiple charts

• Available for any device

• Integrated chat and support center

• News calendar for economic events

• Free and customizable tools and indicators

• Easy to use and you see transparently Trading fees and conditions

Mobile Trading (App)

As traders, we have also tested the app for mobile trading. You will have very good experiences with it, as it works without any disconnections. Similar to a computer or web-based platform, you get access to all financial markets and products. Mobile trading is very important these days as the markets work 24/7 and you can check them with your mobile phone.

You can use the same tools for chart analysis and trading as on your computer. The app is available for Android and Apple (iOS) devices. Just click the button below and download the mobile app for free.

Professional Chart Analysis and Tools for

Traders If you want to trade the markets successfully, you need some form of analysis. Most traders are split between technical analysis and fundamental analysis. Based on our experience, we can say that a combination of these two types of analysis can bring you enormous profits.

The IQ Option trading software contains many different tools and indicators for your analysis. It's easy to implement on your diagram. Plus, you can customize them as you like and change the time frame or other settings. It is possible to develop a trading strategy to great success using only indicators. But first, you need to test it on the demo account.

Also, IQ Option is constantly trying to add new tools and indicators to the platform. They are completely free to use and you can save different settings as a template to duplicate on different charts. In summary, IQ Option's trading platform is one of the best for day trading or long-term investing. You get a lot of professional tools for your business ideas and they are easy to use.

Data for chart analysis:

• Free indicators

• Easy to use

• Customizable at will

• Use tools and widgets like other traders' business address

• Use tools to develop your strategies

Invest in cryptocurrencies (Bitcoin and more) with IQ Option

Many traders are interested in trading cryptocurrencies with IQ Option. You can trade on more than 20 different crypto markets (picture below). Leverage is available for investing and you can stay in business for as long as you want. The maximum leverage with Bitcoin is up to 1: 100. This is very high leverage in our opinion.

The cryptocurrencies are traded with CFDs. IQ Option hedges positions on real cryptocurrency exchanges. To trade, you only pay the spread fee when you open or close and take a position. You can see the transparent differential in the software. For products with high leverage, the spread is smaller. Another advantage is that you can easily short any crypto market. Therefore, it is possible to make money from falling prices.

Cryptocurrency trading facts with IQ Option:

• 20+ different markets (Bitcoin, Litecoin, Ethereum, Dash, Iota, and more)

• Trade up or down

• Leverage is available up to 1:100

• Spreads and competitive fees

Account Types – Open Your Free

Account IQ Option offers 3 different account types for traders. You can choose between the demo account, the real money account, and the VIP account. On the trading platform, you can switch between the demo account and the real account in 2 clicks

You will get the real account and the demo account for free. The minimum deposit for the real money account is $10. In our opinion, this is a very small amount and allows any trader to participate in the financial markets. For the VIP account, you need to deposit $3000 or more. However, in return, you will get better binary options trading conditions, VIP support, and better education for trading.

Details on account types:

• Free demo account

• The minimum deposit for a real account is 10

• VIP account for a deposit of $3000 or more

Step by step: how to open your account

Do many traders ask how to open an account with an online broker？ - It's pretty easy these days. In the past, accessing the financial markets was difficult.

To start with an IQ Option account, all you need is your current email address and password (you can register using the form below). After that, you will get direct access to the trading platform. Demo and real money accounts are available for you. It is possible to make the first deposit, but we do not recommend it.

You must verify your account 100%. IQ Option will help you with the verification with a detailed tutorial. As a regulated forex broker, IQ Option needs to verify your identity and address. Payment cannot be made if you are not 100% verified. Finally, you must go through full verification before making the first deposit.

Open your account step by step (It only takes less than 10 minutes):

• Register in the form above

• Get direct access to the trading platform

• Verify your email address

• Verify your identity and address

• Start Trade

IQ Review Option Deposit and Withdrawal Methods

As a trustedcompany and trusted CFD broker, IQ Option withdraws all profits from traders. Every day they pay millions of dollars to their customers. The broker only uses regulated payment methods for this.

Merchants can choose between electronic or classic payment methods. Some deposits are made instantly through electronic wallets. You can use credit cards, Neteller, Skrill, online banking, Bitcoin, or classic bank transfer for your deposit or withdrawal.

IQ Option handles client funds professionally and they are stored in a European bank. For deposits and withdrawals, IQ Option does not charge any fees for your transaction. This is a huge advantage over other brokers. Sometimes your payment system may charge fees.

To sum up, IQ Option deposits and withdrawals are very fast. There are regulated payment methods and there are no fees or small fees associated with your payment methods. All in all, we can recommend investing money there.

Payment facts:

• Minimum deposit $10

• No minimum withdrawal

• Fast deposits and withdrawals

• IQ Option does not charge any fees (except manual bank transfer)

• Use credit cards, Skrill, Neteller, Bitcoin, bank transfer, Qiwi, and more electronic wallets

Traders Customer Support

A unique service from IQ Option is the 24/7 trader customer support.

You can call or chat with an IQ Option expert anytime throughout the day. Customer support is provided via email, chat, and phone. Medium. For example, VIP dealers get their account support manager.

Support is available as a trading platform in various languages. IQ Option has international offices and is expanding its business. Trading tutorials are offered for beginners. You can read the market information for any asset you want to trade. There is also a news calendar for currencies, cryptocurrencies, and stocks.

In general, the support is very professional. Thanks to our tests, you will react very quickly and you will receive answers to your questions.

Support details:

• 24/7 support

• Support in multiple languages

• Email, chat, and phone

• VIP Account Manager

• More than 200 instructional videos are available

• Market information and asset news

Countries accepted

IQ Option is an international company and accepts dealers worldwide. However, due to regulations, some financial products are not available to a trader. IQ Option is regulated in the European Union, but European traders, as retailers, can only trade with a maximum leverage of 1:30. Also, binary options are banned for retailers. Only as a professional trader can you trade binary options and get high leverage.

The broker accepts clients from Asia, Africa, Europe. The most popular countries for IQ Option are Indonesia, Thailand, Germany, France, South Africa, India, China, the UK, and more.

These countries are not accepted: Australia, Belgium, Canada, Iran, Israel, Japan, Latvia, North Korea, Palestine, Russia, South Sudan, Syria, and USA.