IQ Option Review
IQ Option Review at a Glance
IQ Option with over 14 million trading accounts is a regulated binary options broker providing an innovative built-in trading platform. You can fund your account with just $10 and open trades worth just $1, in over 100 financial instruments.
- Year of Foundation: 2013
- Domiciled: Cyprus
- Regulated: CySEC (No. 247/14)
- Platform: IQ option 4.0 (custom made)
- Mobile Apps: Android, iOS
- Max Payout: 91%
- Minimum Deposit: $10
- Minimum Trade: $1
- Maximum Trade: $1,000
- Account Currencies: USD, EUR, GBP, Yuan, AUD, NZD, RUB, CAD
- Fund Methods: Bank Wire, Visa, MasterCard, Neteller, WebMoney, CashU, and Skrill
Full IQ Option Review
Corporate and Legal Information
IQ Option holds over 14 million trading accounts.
-3 million trades per day
-11 billion USD monthly volumes
IQ Option is domiciled in Limassol, Cyprus and operated by the company IQ Option Europe LTD. The IQ OPTION Group holds a CySEC license (No. 247/14). The Cyprus Securities and Exchange Commission regulates and controls the investment services market in Cyprus.
IQ Option accept all countries except the following: USA, Canada, Russia, Japan, Australia, Turkey, Israel, Syria, Sudan, and Iran
IQ Option Platform Review
IQ Option uses a custom-made platform which is a very easy-to-use binary options trading platform. The broker also provides two mobile apps, one for iOs, and another for Android. The platform offers over 100 financial instruments in total (stocks, commodities, Forex currencies, and indices). IQ Option platform is one of the first in the world that adapts the WebGL internet technology. WebGL means Web-Graphics-Library and it an application for internet 3D graphics without the use of any plug-ins.
-IQ Option platform comes in two versions (web-version and install)
-Incorporates WebGL internet technology for 3D graphics
-Built-in historical quotes for the last 2 years
-Open and manage easily up to nine (9) charts at the same time
-Built-in Candlestick Analysis
IQ Option Robots
- IQ Option Robots Wizard
The IQ Option Wizard is an easy-to-use system for creating a binary options robot. Add elements as strategy type and select a practice or a real trading account to test your binary robot.
- IQ Option Robots Constructor
IQ Option Constructor is a tool for more advanced binary traders. IQ Option Constructor enables adding additional oscillators such as the MACD, RSI, ATR, and CCI. You can add also moving averages of all types (SMAs, EMAs) and other tools such is the Bollinger bands.
**The IQ Option Robots are not available anymore (as of 2017)
Trading with IQ Option
The broker offers good payouts. The maximum payout ratio (91%) is when trading the EURUSD. One of the key IQ Option advantages is the $1 minimum trade.
-91% Payout on EUR/USD
-$1 Minimum Trade
-$1,000 Maximum Trade
IQ Option Asset Index
■ Currencies: EUR/USD, EUR/GBP, USD/CHF, EUR/JPY, NZD/USD, GBP/USD, EUR/RUB, USD/RUB, GBP/JPY, USD/JPY, AUD/CAD
■ Indices: Dow Jones, S&P 500, FTSE 100, DAX, CAC 40, NASDAQ 100,
■ Stocks: ICBC, China Mobile, Bank of China, Sberbank, Rosneft, Gazprom, Allianz, Banco Santander, Societe Generale, Barclays, Daimler, Commerzbank, ORANGE, Deutsche Bank, E.ON, RBS, Vodafone, Baidu, Apple Inc, Cisco, Facebook, Google, Intel, Microsoft, Qualcomm, Yahoo!, AIG, Bank of America, GM, Amazon, Boeing, Citigroup, HSBC, Goldman Sachs, Coca-Cola, General Electric, JPMorgan Chase, McDonalds, Morgan Stanley, Nike, Pfizer, Chevron, Verizon, SONY, Toyota, Mitsubishi, WALMART, British Petroleum
■ Commodities: Gold
IQ Option Trading Accounts
IQ Option offers only one account type, the standard trading account.
-$10 Minimum Deposit
-Fund your account via a wide variety of methods including Bank Wire, Visa, MasterCard, Neteller, WebMoney, CashU, and Skrill
-Account Currencies include USD, EUR, GBP, Yuan, AUD, NZD, RUB, and CAD
-Withdrawals processed intraday (and up to three days, depending on the method chosen)
-No withdrawal commissions by IQ Option
Customer support operates on a 24/7 basis. You can contact IQ Option via email or telephone.
IQ Option Tournaments
IQ Option offer also trading tournaments. At the time of this review, there were two tournaments open for registration:
-$10 Entry Fee | 2030 participants | $15,000 prize pool
-$20 Entry Fee | 2570 participants | $61,470 prize pool
Each week IQ Option launches a new contest.
IQ Option Review Pros and Cons
These are the key pros and cons of the IQ Option review:
IQ Option Review Pros:
- Innovative and very powerful custom-made trading platform
- Fully regulated by the CYSEC agency
- Over 14 million accounts
- Many options for traders (account currencies, trade options, etc)
- Free Demo / Practice account
- Up to 91% payouts
- $1 minimum trade (smallest minimum investment in the market)
- Intraday-processed withdrawals
- $10 minimum deposit (fund your account via a wide variety of methods)
- Learning tools
- Weekly Tournaments
IQ Option Review Cons:
- Only Gold is available for commodity traders
- No customers from countries such as USA, Japan, Canada, and Australia
IQ Option Review Final Conclusions
IQ Option offers binary traders some of the best conditions in the binary industry. The provide safety of money via regulation, maximum payouts of 91%, and only $1 minimum investment.
Furthermore, IQ Option trading platform is a state-of-the-art tool with exceptional capabilities such as up to 9 charts simultaneously, Candlestick reader, Fibonacci tools, etc.
You can open an account with just $10 and fund it via several methods (Visa, MasterCard, Neteller, WebMoney, and Skrill). In overall, IQ Option with over 14 million trading accounts seems the ideal brokerage choice for all binary traders.
■ IQ Option Review