IQoption Broker Review 2017

  • Min. Deposit $10
  • Min. Invest $1
  • Return 85%

From the start of our IQoption review, we noticed that this will be the broker that stands out in some basic broker features. We could call it a hipster among brokers, or better yet a pioneer, judging by many features that IQoption started using before any other broker.  And in the next chapters, we are going to explain why we find IQoption broker as very interesting and attractive binary broker.

How to trade classic options with IQoption?

Open Free Account with IQoption

 

There are a couple of main points that explain why we were satisfied with the experience of joining IQoption.

First of all, it is its availability. It is very easy to register. IQoption Demo account is totally free of charge, so anyone can join and check out the main trading features. When traders wish to start a real account they will only need $10 and to get to VIP account with all the possible features traders will need to cash out no more than $3000. The second thing would be a simple and clear platform where the trader has everything „at hand reach“. On top of that, quick and efficient customer support is always available which is a very important.

IQoption Trading Features

This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!

IQoption Demo account

As we have already mentioned, IQoption is one of the first brokers that offer free demo account to all of the traders. We think Demo account is really important because it gives traders a chance to check out the platform and try out different strategies before placing real trades. Each trader gets s $1000 virtual funds, which is more than enough to learn more about trading features. Demo account is really important because it gives you a chance to check out the platform and try out different strategies.

After signing up, a registration email is sent. In there, you have an activation link which enables IQoption trading account. Traders can also speed up their account creation by signing up via Facebook or Google+.

IQoption Real account

Maybe the best or the most interesting feature on IQoption is the Real account. Or more precisely said, the fact that you can start trading real assets with only $10. This is the real deal, and according to the broker,  it could be the best buy for all the beginners out there trying to find a smooth transition into binary options trading.

IQoption

IQoption VIP account

Minimum deposit for IQoption VIP account is $3000 which is a much lower amount than most brokers demand this level of service. It includes personal account manager and a monthly meeting with an analyst. Traders can discuss trading strategies and decide the plan for further trading. IQoption VIP account also offers interactive web-based education system available in 13 different languages including English, French, Japanese, German, Polish, Romanian, Turkish and other.

With all kind of innovation products, IQoption is a winner of many prizes. The last one was awarded for „Most innovative broker“ on ShowFX conference in Moscow.

Open Free Account with IQoption

IQoption Trading Platform

IQoption has personalized a trading platform based on their own preference. It is another sign of innovativeness and will to offer a better trading experience for its clients. The platform is called IQoption and it is currently on 4.0 version. The platform is remarkably transparent and easy to use. It offers a great trading experience.

All the IQoption links and tabs are connected to the Trading platform. In the center of the screen, there is a chart that can easily be zoomed in or out, depending on trader’s preferences. On the right side, there is a navigation panel which traders can use to place trades. Traders can choose between two types of binary options : High/Low and the 60 seconds trading. These options are placed on the left side of the portfolio.

IQoption interface has enabled simple withdrawal and deposit tab that is ready for quick transfers.

For traders that have no time and love to trade on the go, IQoption has created a mobile phone app. It is available on Android and iOS and can be downloaded from their respective app stores. Only high/low options and Turbo options are available and that is the only disadvantage of the mobile phone app. The mobile app is free of charge and simple to use.

IQoption

IQoption Customer Support

Support is always a major factor in brokers overall impression. Overall, in our IQoption review, this broker has done well in this area as well. Live chat support and email are available with IQoption.

Live chat is not available before at least IQoption demo account is created. That can be seen as slight imperfection since most of the traders like to chat about the platform before they create the account. There is also no phone support, but you can always contact the support via email on [email protected] . The IQoption website is available in 13 languages so traders don’t have to depend on their English knowledge.

Open Free Account with IQoption

IQoption banking and company information

From our perspective banking with IQoption is also very user-friendly. Deposit and withdrawal options are placed on the Trading platform so a trader can access them very easily. On top of that, IQoption has many deposit methods so any user should find one method that suits him or her the best.

Payment methods available on IQoption are Visa, Skrill, Moneybookers, Bank Wire, MasterCard, Qiwi, EasyPay, Fasapay, Boleto, WebMoney, POLI, iDeal, CashU and others.

It is important to mention that IQoption is regulated by CySEC, FCA, Consob, Regafi and CNMV.

There are no fees for deposit, but there are some fees for withdrawals. It depends on the payment way the trader is using. If a trader wants to use a credit card, then the withdrawal fee will be $5 and for bank wire, it will be $50. Traders can withdraw starting from $10 amount. Traders can track their payments history in IQoptin control panel.

Traders don’t have to wait long for money to be back on their account. Withdrawal takes up to three business days for the Real account to be processed and only 24hours for VIP account.

This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!

IQoption - Review Conclusion

  • Demo Account available
  • Low deposit required
  • $3000 deposit required to get a VIP Account
  • Fees on withdrawals
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