IQoption is one of the first brokers that offers free demo account to all of the traders.
This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.
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?
- How to Login with Your IQoption Broker Account?
- Binary Options Robot vs IQoptions Robots
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 simple 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. The second thing would be a clear trading platform where the trader has everything „at hand reach“. On top of that, quick and efficient customer support is always available which is very important.
IQ Option Minimum Investment
As we have already mentioned, IQoption is one of the first brokers that offer a 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 trading patterns before placing real trades. Each trader gets $10000 virtual funds, which is more than enough to learn more about trading tools. IQoption Demo account is really important because it gives you a chance to check out the platform and try out different trading patterns.
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+.
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 a IQ Option minimum investment of just $1.
IQoption has personalized a trading platform based on traders preferences. It is another sign of innovativeness and will to offer a better trading experience for its clients. IQoption operates on its own Proprietary trading software and it is currently running on 4.0 version. The platform is remarkably transparent. It offers a variety of trading tools.
All the IQoption links and tabs are connected to the Trading platform. In the center of the screen, there is a chart that can simply 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 several types of binary options – Turbo, and Binary. These options are placed on the left side of the portfolio.
IQoption interface has enabled accessible withdrawal and deposit tab that is ready for quick money 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 to all registered traders.
Iq Option has also decided to incorporate Forex CFDs trading into their current trading offer.
Seeing that Forex trading with CFDs is arguably one of the most popular online trading activities, it was only a matter of time when IQ option will be making that step. Although, at first glance similar to binary options, IQoption forex trading is different since the instrument used to trade is a CFD, the payouts are not fixed and there is no expiry time. It is based on the exchange of foreign currency pairs while IQoption CFDs trading refers to the contractual difference between the strike price and the closing price on which the payout depends.
It is important to highlight that these financial instruments have very rigid licensing rules when it comes to brokers who offer them meaning more safety and protection. The trading interface itself is the same as the old IQoption interface. All that is needed to trade Forex is to select the type of instrument from the upper left corner of the chart and when decided, choose either Buy or Sell button on the side. Naturally traders can also set the amount they want to invest and the leverage, which is called the multiplier with IQ option platform.
IQoption is one of the very few brokers that offers cryptocurrencies trading, and plans to expand their trading portfolio soon. Traders will be happy to know how IQoption offers 12 cryptocurrencies including most popular ones like Bitcoin, Litecoin, Ethereum and Bitcoin Cash. These innovative monetary alternatives are becoming increasingly popular among mainstream traders who want to diversify their portfolio and participate in financial markets.
These incredible products have a great potential to change the world of financial trading forever, so many traders are looking forwards to implement them in their trading plans. On IQoption platform, it is possible to trade them as CFD’s, but considering that IQoption is a modern and highly advanced broker, it is possible to expect other forms of trading in the future as well.
IQ Option 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.
IQ Option Minimum Deposit
IQ Option is one of the rare brokers that allow low minimum deposit amount of just $10!
From our perspective banking with IQoption is also user-friendly. Deposit and withdrawal options are placed on the Trading platform so a trader can access them very smoothly. On top of that, IQoption has many deposit methods so any user should find one method that suits him or her the best.
There are no fees for deposit, but there are some fees for withdrawals. It depends on the payment way the trader is using. Fee for bank wire transfer will be charged but this depends on the bank provider. Minimum withdrawal amount is $2. IQ Option traders now have the opportunity to open an account in many currencies: including the Thai Baht, Philippine Peso, and South African Rand. In the table, you will find minimum deposit in each currency for reference.
Payment methods available on IQoption are Visa, Visa Electron, Maestro, Skrill, Moneybookers, Bank Wire, MasterCard, Qiwi, Fasapay, Boleto, WebMoney, Cashu and iDeal.
Traders don’t have to wait long for money to be back on their account. Withdrawal takes up to 3 business days which is quick in comparison with other brokers in the industry.
Minimum deposit for IQoption VIP account available to clients that deposit significant amounts (the exact amount is subject to change) which is a much lower amount than most brokers demand this level of service. It includes personal account manager and a monthly meeting with a financial analyst. Traders can discuss trading patterns 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 kinds of innovation products, IQoption is a winner of many prizes.
*up to 100% in case of a correct prediction
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose