IQ Option is a legitimate broker and one of the industry’s most recognized organizations. Their user-friendly trading interface is the finest available, and we strongly suggest IQ Option to traders of all levels of expertise, from beginner to advanced.
IQ Option is an online trading platform that allows you to trade binary options, stocks, FX, ETFs, commodities, and cryptocurrency.
This broker was established in 2013 and is run by IQ Option LTD. With over 48,000,000 registered users and over 1,000,000 transactions every day, IQ Option has quickly become one of the most popular trading platforms for traders all over the world. IQ Option allows traders from over 213 different countries, including India, Nigeria, South Africa, the Philippines, Malaysia, Pakistan, and Singapore.
In this IQ Option review, I’ll tell you all you need to know about this broker to help you determine if iq option is real or fake.
Is IQ Option secure?
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Yes, IQ Option is risk-free. With over 40,000,000 registered members, this firm is one of the largest and most successful binary option brokers in the market. The FSA also licenses and regulates them (Seychelles Financial Services Authority). To increase security, all customer monies are handled in separate bank accounts. IQ Option is also a member of the Investors Compensation Scheme, which covers customer funds up to a maximum of $20,000 per transaction.
Is IQ Option a Ponzi Scheme?
Certainly not! As of 2020, this broker had over 41 million registered users from 213 different countries. Every year, the number of active traders grows, and this trend shows no indications of abating. They also handle over a MILLION transactions every day.
IQ Option is a legitimate broker and one of the industry’s most recognized organizations. Their user-friendly trading interface is the finest available, and we strongly suggest IQ Option to traders of all levels of expertise, from beginner to advanced.
Trading Platform for IQ Options
Unlike other brokers who utilize a conventional trading platform, IQ Option uses a bespoke custom-built platform to meet the demands of its customers. The platform is simple to use and well-designed. It has a variety of essential features such as multi-chart layouts, technical analysis, historical quotations, volatility warnings, market updates, stock screeners, economic calendars, and more. It is also accessible in a total of 13 other languages.
You may trade a wide range of assets and financial instruments on the IQOption trading platform, including stocks, digital options, binary options, forex, cryptocurrencies, ETFs, and commodities. It should be noted, however, that binary options are not permitted in the EEA.
What Kinds of Assets Can You Trade With IQ Option?
IQOption began as a binary options broker, but they now allow clients to trade Contract For Difference (CFDs) on cryptocurrency, ETFs, Forex, stocks, and a range of binary option contracts.
Stocks
As of the time of this review, IQ Option allows you to trade CFDs on 169 of the best-performing stocks without incurring any initial costs. Stock CFDs have a $1 minimum deposit and leverages up to 1:20. Their stock portfolio includes some of the world’s largest corporations, including Apple, Tesla, Amazon, Boeing, and many others.
Forex FX trading is one of IQ Option’s most popular trading marketplaces. This broker provides affordable spreads as well as a diverse choice of currency pairings, including EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD, NZD/USD, and USD/CHF. On the IQ Option platform, there are now 50 Forex Pairs available.
ETFs IQ Option allows you to trade CFDs on Exchange-Traded Funds, generally known as ETFs. An ETF is a fund that combines a variety of assets into a single basket. There are presently 25 ETFs available for trading.
Cryptocurrency
You may trade CFDs on Ethereum, Bitcoin, Ripple, Neo, Cosmos, Binance Coin, Litecoin, Cardano, ZCash, TRON, Stellar, Iota, Dash, EOS, and Bitcoin Cash using IQ Option. With rapid deposits and easy withdrawals, you may anticipate strong margin trading leverage and short selling opportunities.
Currently, Commodities IQ Option offers CFDs on five commodities: silver, crude oil Brent, crude oil WTI, gold, and platinum.
Payouts and Trade Types
Optional Binary Codes
Binary options are a financial product that provides a preset return for predicting the price of an asset correctly within a certain time limit, or expiry time. Predicting an asset’s price movement (up or down) correctly can result in a profit of up to 95%. On IQ Option, there is a $1 minimum investment, no brokerage fees, and expiry durations ranging from 60 seconds to the end of the month.
Digital Options (CFDs)
A digital option is a financial instrument that allows you to bet on the extent of an asset’s price movement. Payouts for digital options can be as high as 900 percent if the asset meets the trader’s stated threshold. Digital options include a $1 minimum investment and expiry dates ranging from 60 seconds to 15 minutes.
Mobile Buying and Selling
IQOption allows clients to trade options and CFDs using their unique mobile application. The mobile app is compatible with the Android and Apple iOS operating systems. It may be downloaded through the Apple Store or Google Play.
Account Types
IQ Option offers two distinct types of trading accounts: standard and VIP.
A regular trading account requires only a $10 minimum deposit. There are no limits on trading capabilities, unlike other CFD providers. You will get access to over 350 trading assets as well as 24 hour withdrawal processing. You will also have access to many trading competitions organized on the IQ Option platform (only applies to customers outside of the EU).
A VIP trading account is only offered to clients who deposit $1900 or more within two days. A VIP account includes a personal account manager, monthly updates on your trading performance, and a 3% bonus. Customers outside of the EEA are not eligible for VIP accounts.
