IQ Option Review

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Rating: rating
IQ Option is a Cysec regulated binary options broker that accepts US traders. They offer a demo account without any deposit required.

  • Minimum Deposit: $10
  • Maximum Payout: 85%
  • Demo Account: Yes, without deposit.
Promo: Welcome Bonus » Sign up now

Broker Review

IQ Option is a binary options broker that has enjoyed an enormous amount of success.

Ever since it was first online in 2013, this broker has developed quickly and significantly, amassing traders from all over the world. At last count, there were about eleven million traders using the services provided by IQ Option.

The broker was also overseeing around three million trades each day. Of course, this is of little surprise considering the many assets and advantages that this broker offers to traders. The legitimacy of the IQ Option as well as how popular it has become has led it to be one of the more notable brokers in the market.

Let’s take a closer look at the IQ Option review:

Accounts, Bonuses, and Special Elements

One of the benefits of registering with IQ Option is the ease with which you can sign up to use the platform. All you need to do is to visit the website, provide some relevant details, and then offer verification of your identity. Once this is done, you can make the minimum deposit and with that, you are able to begin placing trades.

Broker Name IQ Option
Location Cyprus
Regulation Cysec
Payout 85%
Demo Account Yes
Website www.iqoption.com
Minimum Deposit $10
Minimum Trade $1
Depositor Bonus Welcome Bonus

IQ Option has two separate account types that you can sign up with. The first is known as the Real Account. What is truly amazing about this account is the initial deposit. All you will need to deposit to set up this account is $10.

With this you are privy to numerous trading opportunities and are given access to over 70 different assets. You can also participate in trading competitions which offers the possibility of amassing an even greater profit. When you first deposit money into this account, you may become eligible for the welcome bonus.

This means that you could potentially receive up to 80 percent of the money that you placed in your account. Even better, there may be future chances to get bonuses as well. You could get a 30 percent bonus every time that you deposit money.

The other account available is the VIP account. Here, the minimum deposit is considerably larger. To be able to access this particular account, there needs to be at least $3000 placed in the account. For this increased investment, however, you do get offered more benefits.

For instance, traders are provided with a personal manager. They can also get a monthly analysis courtesy of the IQ Option analysts. This is all including the features of the Real account as well. When you sign up for the VIP account, you have the potential to make a 100 percent back on the initial deposit.

Furthermore, you can even get back 36 percent of future deposits as well. Also with the Real account, withdrawal processing takes three days, but with the VIP account, it can be conducted within twenty four hours.

IQ Option Certification and Security

Among binary options brokers, it is not unusual to find brokers that are not licensed with any agency. In fact, it tends to be the norm in certain instances. However, to ensure that you are taking on as low a risk as possible, it is vital to choose a broker that is regulated by at least one agency.

IQ Option are one of the few brokers that stand out as it is licensed with the Cyprus Securities and Exchange Commission (CySEC). The company is also incredibly compliant with the Anti-Money Laundering policy as well.

All of the information that is provided to IQ Option is stored safely and securely. The broker utilizes data protection procedures to ensure that unofficial individuals do not get access to any important or private details. Furthermore, IQ Option does not divulge client information either.

IQ Option Software Review

IQ Option chose to design their own platform and software. The trading platform is certainly very comprehensive, but more importantly, it is incredibly user friendly. It consists of many custom features to ensure that traders can quickly and easily navigate the platform.

There is also a demo version of this platform available absolutely for free. It is identical to the actual trading platform and allows traders to familiarize themselves with this unique software. There is also a mobile app version of the platform which is also quite popular and can be downloaded on portable digital devices.

Withdrawals and Deposits

There are many ways that you can deposit money into your account as well as withdraw the money out of the account. These methods include Visa, MasterCard, WebMoney, Skrill, Neteller, and a bank wire transfer. IQ Option does not charge any fees to either put money in your account or to withdraw it.

The thirty parties involved in the transaction may require a fee, nonetheless. Typically, it takes about three days for most withdrawal requests to be processed. Depending on the method chosen, the actual time taken to deposit money into your bank account will differ.

IQ Option is undoubtedly considered one of the best binary options brokers around.

Not only is this broker certified, but it also requires only the bare minimum in terms of investment. As such, it provides many traders with the opportunity to place trades. Furthermore, the returns that can be received by using IQ Option are also quite competitive.

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Page Updated: 28 October, 2016