Our Review of IQOption
Due to standing out in the financial world for years as a popular and customer-friendly binary options trading site, we took it upon ourselves to do a thorough, IQ Option review. Accounts are available to traders worldwide, except those that reside in Russia, USA, Canada, France, Belgium, Australia, Japan, Turkey, Israel, Iran, Syria and Sudan. Please note, there are some exclusions for mobile traffic: users from Malta cannot trade on iOS app, and users from Malta, Myanmar, Lichtenstein, Cuba cannot trade on Android app.
Account Types & Opening
Creating an account is straightforward and fast. There is a single form to fill after which one is required to verify their identity by providing personal information. There are three types of accounts to choose from, depending on the deposits. Trading tools, and indicators are available on all three platforms.
Free and unlimited
Suitable for traders who need to practice and improve their skills
Real money account
Minimum deposit is $10.
Fast withdrawals in 1 business day
Over 500 assets
Deposit $3000 over account lifetime to achieve VIP status
Over 500 assets
Fast withdrawals in 24 hours
Advice and training from personal account manager.
Improved trading terms
Promotions, Sign Up & bonuses
The IQ option custom made platform offers over seventy assets with some like the EUR/USD pair attracting a 91% profit (* eg: the amount to be credited in case of a successful trade) . Turbo options are given increments from 60 seconds to 5 minutes while binary options can extend up to an hour and fifteen.
In addition to binary and turbo trading options, the brokerage offers Classic Options where risks are limited to investment while profit remains unlimited, and are branching out into CFDs and Forex trading.
Fueling IQ Option's reputable reviews are the daily and weekly trading tournaments. All traders who join the contest get an equal amount of virtual funds. The traders who come top share the pool of award funds.
IQ Option no longer offers bonuses in line with Circular C168 issued by their regulator.
Commissions and Fees
The IQ Option system does not charge commission on transactions, whether on signing up, trading, to withdrawing.
Trading Platform & Mobile Apps
Progress and innovation in the binary options trading industry have led to consistently good IQ Option reviews. Among its top tech advancements is the IQ Option mobile app. The app can be used either on the phone or laptop. Most traders favour the app to the trading website.
Deposit & Withdrawal Methods
The ease of fund deposits and withdrawal on IQ Option is great! Available options are:
Credit Card, Wire Transfer, Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller, Boleto