IQ Option Review

IQ Option is operated by IQ Option Europe LTD, registration Number HE327751 and located in Silver House Business Centre, 19 Spyros Kyprianou Avenue, 3070 Limassol, Cyprus and regulated by CySEC, license number 247/14. The address together with the company office is often a Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus. Support is obtainable on impact number, for UK dial +44 20 8068 0760. See contact IQ Option for further support numbers worldwide.

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Is IQ Option a Scam?

IQ Option haven’t raised any Scam suspicions to this point. In fact it’s a transparent brokerage, operated by IQ Option Europe Ltd., a strong regulated in the Cyprus Securities and Exchange Commission (CySEC), under License number 247/14. The company who operates your site is also easily in their “Contact Us” section so I guess there’s zero reason for being worried.

In addition, the broker has maintained a somewhat high and stable stream of individuals to their domains: Binary Options Trading Platform. This means that the traders are satisfied along while using company in perfect shape with an above average reputation.

Should I Open an Account with IQ Option?

Right from your beginning I can see I am not working together with the usual Binary Options website that shows me a glamorous girl, a limousine or stacks of capital. The first thing you will learn is that the home-page is provided for free of cheap marketing tactics and instead show me 3D chart which moves continuously. To be honest that creates me look like I’ve accessed a trading venue, not an online casino as being a lot of another brokers in existence.

IQ Option entered the marketplace industry in 2013 along with then they’ve done a fantastic job at differentiating themselves using brokers. First of all, their platform is proprietary, you won’t realize its any place else. The biggest advantage could be the charts, where Japanese candlestick charts together with a a collection of many technical indicators like Moving Averages, Bollinger Bands, MACD, RSI, Stochastic an 7 others works well. This is usually a large thumbs up because as we understand, usually binary options brokers severely suck in terms of charting as well as other technical tools.

Something a large number of traders is going to be happy about is IQ Option’s low minimum deposit of just 10 US Dollars, and naturally the free Demo account that may be really free. Registration is not hard and you can start trading immediately on Demo – for your real account, your IDs ought to become verified as might be the case effortlessly CySEC brokers. Traders who want to feel “special” have the option to open up a VIP would be the reason for less than $1,000 additionally they actually get VIP treatment: nearly 60% return the way it is of OTM trades.

The asset list is OK yet not as full as other platforms, you will find 79. Only two commodities are mixed together, silver and gold coins coins, you can find 21 indices, EU and US, even so the forex will be good, 24 on the top pairs. Expiry is especially great for short-run traders who enjoy to trade 1 minute approximately sixty minutes. It’s obvious that it focus of IQ Option is short-run traders once you intend to trade lasting options you are going to be disappointed. Because extended expiry seriously isn't yet available. Options are with a high/low, you'll find no range, boundary or one touch.

IQ Option Complaints

We found a long list of complaining clients on Online Reviews and Complaints Platform - Pissed Consumer along using the complaints are increasing gradually. Most users complain regarding return percentage changes during volatile markets, some complaint about platform freeze or expiry strike being not equivalent to the marketplace price. We also found many complaints regarding withdrawals and blocked accounts and untrue quotes. Some people compared the IQ Option charts to MetaTrader stick to you look carefully, they neglected to notice how the IQ Option charts and MetaTrader where not utilizing the same time interval (now and again). On one other hand, we also found many satisfied people claiming they'd no complications using their withdrawals. In regards to price delays and price issues, you might feel relieved to pay attention for that CySec recently withdrew an outstanding that was issued for “not executing orders the best possible way for their clients”. This means that their platform has been doing work in accordance with CySec rules and don't cheating the clients. Finally, there are complaints regarding customer satisfaction, however, users should know that IQ Option has limited live customer service.

In conclusion, their minimum deposit is actually 10$ there seems like a good variety of satisfied traders by using broker not having issues and understanding that CySec took back their fine based on the executions on their platforms might be another good sign!

IQ Option Withdrawal

There isn't any minimum withdrawal amount the minimum deposit is $10 design far as time is anxious, a transaction are going being processed in 3 trading days for just a Real account and 1 working day to the VIP account. The money must view the same source they entered order to counteract money laundering. Also, before being qualified to withdraw, clients usually supplies identification documents, which may be another practice essential for anti-money-laundering rules. Further, withdrawals could be created simply by about any eWallet on-line that gives the easiest payouts, within hours of processing unlike CC or wires which can take another 7-10 days.

IQ Option Extras

Candlestick charts are viewed another for binary options brokers in this day and age. It makes me almost unfortunately it, however it really’s an undeniable fact so they really get bonus points for achieving this. Their innovative platform could be considered one more feature along with the many tournaments for trading they will offer.

IQ Option Ratings

User Friendly 18/20

The website is obtainable in thirteen languages and which can be above average even so the platform could be quite a bit challenging employed to, especially to acquire a new trader; however, I don’t think this are going to get a big problem because it’s pretty intuitive. Everything else on the net site is well structured along with simple to locate. US traders are generally not accepted. Check the stipulations for your full volume of countries it doesn't be accepted like: Australia, Canada and Belgium.

Number of assets and expiry times 15/20

They offer 32 stocks, 24 currency pairs, 2 commodities and 21 indices, which is usually too few for just about any broker who wants to become a leader. The expiry times are restricted to “Turbo options” (60 sec, 120 sec) and quick (3 min, 5 min, 15 min, 30 min, hourly) when using longest being end of day.

Commissions, Support and Effective return 17/20

There aren't commissions to implement this broker, standard together with the industry. There is however a dormant account fee after being inactive for three months uninterruptedly nevertheless the it’s simply a fee of 50€ nonetheless it really won’t be than your bank account balance. Support is little iffy, there’s no Live chat, only phone or email which isn’t a worry once you open your free account. The effective return goes approximately 91% and that's one with all the highest in the profession, they usually also employ a OTM refund which might be pretty substantial for VIP traders.

Deposit, Payment and Bonus 18/20

The minimum deposit is $10 for your Real account and $300 VIP account. Deposits might be produced via charge cards, wire transfers and e-wallets including WebMoney, Skrill and Neteller. Withdrawals is usually achieved through the very same methods. Bonus is simply not longer available as a result of CySEC new regulations. Withdrawals are processed in 72 hrs and may spend you'd like three days, provided you make use of one in the eWallet methods.

Extras 13/20

As I mentioned before, their platform is yet another on its own since it really is unique. Just a basic form of technical analysis may be conducted but it really really’s still better than what others really should offer and you may find 12 on the most popular indicators take advantage of as well. The tournaments are another nice extra after they allow for a wide range of extra income, on your best traders obviously. Lacking some features most major platforms includes.

IQ choices are one of the best Trading platform I found personally And the best part is that you may open real account from $10 only