IQOption Broker Review
The IQ Option broker is one of the most popular brands at the moment. This is likely due to their extremely user friendly platform and interface that allow users to execute their investment strategy precisely. IQ decided to differentiate itself from its competitors by developing its own platform in-house. Their platform has exceptionally well developed graphical content, which serves to inform the investor about the tools and instruments available for trades. If you are trying binary options for the first time, you will be able to learn how to operate and use the tools immediately after you login, instinctively. IQ has also developed an excellent 8-step tutorial if you prefer to learn how to use the platform through their instructions, or review the features available before you place your trades.
IQ’s platform is also mobile friendly. Those who prefer to work through smartphones and tablets can download IQ Option apps both for iOS and Android. The mobile option gives investors a clear advantage over other platforms, since they can trade on the go, and adjust their strategy immediately to any sudden change in the markets. Another great feature on their platform and one that allows investors to adjust their strategy further, is an up to date news ticker powered by investing.com. Their alerts are also a very coveted tool, since it uncovers current trends and it is consistently reviewed and updated.
Trading and Payouts
Investors that decide to trade with IQ Option will enjoy the simplicity of its unique trading platform. This platform is extremely user friendly, executes precisely and it is pretty easy to use. The minimum amount needed to place a trade is $1. The minimum amount required to open an account is $10. IQ Option features include:
- Exceptional second by second tracking of financial markets
- No pop-up windows – all the options are readily available on the main screen for review and strategic adjustments
- Mobile trading app
IQ Option offers a maximum payout percentage of 85%. Their bonus scheme depends on your initial deposit. IQ Option also offers bonuses as a part of their customer loyalty programs.
Deposits and Withdrawals
IQ Options operates mainly with USD which is available for all countries, but depending on several regions there is one more currency available in addition – for Europe EUR, for Great Britain GBP, for Brazil – BR$, for Indonesia – IDR, for Russia – RUB. Deposits can be made using any of the aforementioned currencies through a variety of payment methods. IQ Option accepts MasterCard/Visa, Neteller, Qiwi, Webmoney, Skrill, YandexMoney, CashU, PoliPayments.
IQ Option offers standard customer service options, but their team works extremely hard to keep its investors happy. Their withdrawal system is exceptional by industry standards despite the time it takes to process. Investors are always relieved to see a broker offering strong customer service. IQ Options certainly has a strong support center available that can troubleshoot any inconvenience in a timely fashion.
- Email support
- Trading platform in English
- Languages: English, German and Arabic
Asset Choice Rating – 10
- 62 Stocks
- 19 Currencies
- 4 Commodities
- 5 Indices
Deposit Method Rating – 9
- Wire Transfer
Minimum Deposit Rating – 9
Withdrawal Rating – 8
- Up to 3 business days, usually done in one business day
Minimum Trade Rating – 8
Trading Features Rating – 9
- Standard Call/Put Binary Options
- Return Hedging
- Short Term
- Currency Pairs
Payout% Rating – 10
- Up to 85%
Bonus Offers Ratings – 10
- Depending on offers available and customer loyalty program
- Regulated by CySEC
- Alerts with latest trends
- Great news feed
- User friendly proprietary platform
- Great social trading features
- High degree of graphical precision