IQ Option Demo Account – Binary Options Trading Review

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Contents

IQ Option Demo Account Review

How to use the IQ Option demo account? – On this page, I will show you how to create a virtual portfolio with the famous broker IQ Option. The demo account is one of the most important accounts for traders. Find out why and how you should use it in the next sections.

Trading platform of IQ Option

What is IQ Option? – Brief overview:

The IQ Option is a strongly founded broker that accelerates online trading such as cryptocurrencies, different kinds of options, forex, indices, stocks, commodities, etc. All these can be easily traded in the IQ Option platform with its numerous trading tools and functions. These tools can be easily transacted on an award-winning trading platform with many useful tools and features.

IQ Options broker has been able to attract users from across the world. It is regulated by European regulator CySEC and registered in the UK’s famous Financial Conduct Authority. Research shows that over 40 million individuals have become a part of the IQ Options trading both on real and demo accounts.

Facts about IQ Option:

  • Regulated Online Broker
  • Free demo account
  • Trade more than 500 different markets
  • Binary Options with high return of 100%
  • Professional platform and support 24/7

1. Open your free IQ Option Demo Account

Having your demo account is made simple on the platform, unlike other brokers that will stress you for long verifications. Within a few seconds of registration, your account will be automatically funded and just as you wish, you can start trading like a professional even though you are a newbie. The account is free of charge. Note that there is no limit to what you can do on the account so far it is trading. With the money sent to your account, you can learn new strategies and test on executing transactions your way. As soon as the money gets finished, no worries just make use of the refill button to continue your practice.

To open an account, you first need to visit the “IQ Options official site URL” or use the form above. Fill in the two white’s boxes you will see with your email and password that you can easily recall whenever you want to make use of it. Click the enter button that says open your account for free. You will receive a confirmation mail in your inbox. Kindly go and verify, then click on the confirmation link sent to you.

2. Risk warning: Confirm the terms and conditions

Don’t forget to confirm that you agree with the risk involved in executing transactions on the platform. Note that you are trading on the demo account, so, agreeing to the risk disclosure shouldn’t be an issue. Accept the risk so you can begin trading. Immediately after accepting, the page loads into another window, here you can select if you want a demo account or prefer a live account. Note that if you select a real account you will be required to deposit a minimum trading amount before you can start trading. So, because we want to make some practice, select the demo account. Now, you can do all the magic you wish to on the demo account.

3. Select the demo account and start trading

Besides, if you created the account you already created the real account and the demo account at the same time. If you join the platform you can choose between these 2 account types. Just click on the account balance and the menu will open. You see it in the picture below.

Switch between the virtual balance and the real balance

Why you should start trading with IQ Option

When it comes to user-friendly and one of the most reliable platforms where options trade can be executed accurately, then think of the IQ Option. According to research, this company was established by a company that has so far grown up to the top of the market when compared to some other brokers. Though, it is perfect for individuals with high or professional experience of the options trading. The newbies are not left out, this platform has a section they can easily start from and become professionals in no time.

Newbies are taking leverage of the IQ Option demo account for them to be able to see how to build up in the binary options market. For traders that are looking for a reliable and safe broker to trust, the IQ Option demo account is here to fill in that space of trust and reliability. However, many traders or potential traders might want to make good comparisons before choosing the best broker to trade with.

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The best platform for any device

Binary trading has to do with real money, so the demo account is made available to give the prototype experience of how deals are executed in live trading. Before going into other branches of the subject of the article, note that the IQ Options demo account offers a free service to traders and can give you all you need to know about trading whether you are a professional or a newbie. Later in this article, you will see the reviews of the IQ Options demo account.

How to use the IQ Option Demo Account

Just like other Binary Options Brokers that offer demo accounts, the IQ Option also provides its users with a demo account for free practice on trading. One of the lovely things about the IQ Options demo account is that there is no limit to how long you can operate it. It gives the chance of testing different kinds of trades on the platform before investing your hard-earned money.

In the practice stage of the demo account, your account is automatically funded with $10,000 virtual money. With this amount, you can run all types of test trade as you want without losing a dime. Even when the amount gets finished you can request a top up with just a click.

The IQ Options demo account is an offers free service without any initial deposit for your account activation. No time limit on your demo account. All the strategies you wish to put into action can be tested on the demo account.

You can use the strategies you want

Unlike other brokers that don’t have different options for creating an account, the IQ Options allows you to login with most of the trending social media such as your Gmail, Facebook and several others. The trading on the demo platform is realistic and makes anyone understand the trading properly before engaging or switching over to a real account. In summary, you are allowed to carry out whatever you wish on the demo account.

Demo trading means you trade without risk to lose real money

This is because the money you are trading on is free. So, there is no fear or risk of losing your money. You can check out your trading strength on the demo account using all the available trading tools on the platform. Professionals can improve their skills in the demo account. The demo account was originally developed for free training and educational purposes. Traders will have a feel of what happens in the live trading without using a cent from their wallet. IQ Options demo account is very easy to operate, so, one does not have to stress out trying to get used to the platform. With the IQ Options demo account, you can easily get fast adaptation in a short time.

1. Choose a market and financial product to trade with

First of all, you have to choose a market and financial product for trading. There are more than 500 different markets and assets available. Trade currencies, ETFs, cryptocurrencies, stocks, commodities by using CFDs or Options. Just click on the “+” or on the asset name to open the menu to choose markets. I have marked it in the picture below.

Choose the asset you want

2. Make a successful analysis and forecast of the price movement

There are technical indicators, video tutorials, multi-chart tools, graphical tools, calendars, stock screeners, market updates and historical quotes and so on. Even when assistance is needed, even for demo account users, it can be gotten for free when the support is contacted by creating a ticket.

Use free analysis tools

3. Start trading

For trading with IQ Option you can use Options or Forex/CFDs:

  • Options are contracts with expiry time. You can earn a high yield without a strong market movement. Win or lose.
  • Forex/CFDs is like buying or selling an asset. You earn more profit if the price moves in your direction. You can use leverage.

Start trading on the platform

How to refill the demo account?

Some users asked how to create refill their demo account. So this short guide will lead them on how to refill demo accounts balance.

To refill the balance, click on the deposit button and a box will pop up. Then choose the option of filling with $10,000 and your account will be refilled instantly. This option can be freely used as many times as possible.

Refill your account with one click

On IQ Options demo account you can do as much as is done on the real account. Note that the demo account can be used alongside the real trading account. This means a user can practice some strategies on the demo account and make use of it in the real trading account. Switching accounts can be executed just by clicking on the balance box at the right corner.

Conclusion: IQ Option offers the best demo account of traders

The IQ Options has grown from scratch, now; it is processing over 2,000,000 trades daily. These are some of the reviews done by some professional users on the IQ Options platform.

One of the traders said that the availability of the demo account is a sign that the company is good, can be trusted and reliable. Professional brokers make use of this kind of platform to raise potential clients on their platform. You should note that some brokers’ demo accounts have some specific conditions and limitations attached to them. Some might require you to make a deposit before getting a demo account activated. Also, some brokers will allow you to use their demo accounts free for some days before asking you to update to the pro level. This is where IQ Options demo account stand tall from other brokers.

Freedom to use all their facilities absolutely for free without any disturbance. All that you need to do is login and begin testing your strategies on the demo account. If any broker tries this method, it will distinguish their companies from other rivals in the industry. This can also push many traders to come on the platform effortlessly. Another review from a beginner stated that if one does not have to worry about time expiration and limitation, it will make a trader trade with a relaxed mind knowing full well that he is not in a hurry to meet a deadline.

So, there will be enough time to train on mastering skills and strategies. Checking on forums, blogs, and social media, there are lots of positive reviews left by users of the IQ Options traders. Many people out there are happy using the demo account. They are getting addicted to it and can’t stop.

Advantages of the IQ Option Demo Account:

  • Professional platform with the best conditions
  • Unlimited
  • Free
  • High return of investments
  • More than 500 markets
  • Different financial products
  • 24/7 support

Use the IQ Option Demo Account for free to improve your trading skills and test the platform.

Beginner’s Guide to IQ Option: Complete Review

IQ Option is an online trading platform that enables customers to trade a variety of financial instruments and assets such as Binary Options, Stocks, Forex and of course Cryptocurrencies.

Founded in 2020 and operated by IQ Option Ltd, the site has quickly became one of fastest growing online trading platforms and claims to have over 20 million account holders from around the world.

IQ Option is also based in Cyprus and regulated in the EU by the Cyprus Securities and Exchange Commission (CySec), the company is fully compliant with the legislation put forward by the commission and fully authorized to sell their products to clients in a number of jurisdictions.

Risk Warning: Your capital might be at risk.

Take a look below as we walk you through the site and offer our full review of the service.

IQ Option at a Glance

Broker IQ Option
Regulation CySEC (Cyprus)
Minium Initial Deposit
$10
Demo Account
Yes
Asset Coverage CFDs, ETFs, Forex, Cryptocurrency, Stocks, Indices, Commodities
Leverage 30:1 Retail Traders, 1000:1 Professional Traders
Trading Platforms Proprietary Web, Mobile App

What it Offers

IQ Option is a comprehensive trading platform that provides its users with a wealth of alternatives, and after starting out as a binary options broker, IQ Option now allows customers to trade Contracts for Difference (CFDs) on stocks, Cryptocurrencies, Exchange Traded Funds (ETFs), Forex, and a range of various digital options.

  • CFD on Stocks – IQ Option allows users to trade CFDs on stocks from over 176 different companies, including the most successful businesses listed on the NASDAQ and NYSE.
  • Cryptocurrencies – Users can also trade 12 of the top cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, Monero, Zcash, Omisego, IOTA, and Dash.
  • ETFs – EFT trading is a relatively new product, and ETFs work by tracking commodities, indices and baskets of assets. These can be traded in the same way as common stocks, and traders can choose from approximately 4288 different ETFs.
  • Forex –FX trading, or Forex, is an extremely popular trading market and IQ Option provides access to around 188 currency trading pairs. This allows users to trade their favourite foreign currencies with ease.
  • Options – Users can speculate on the price of a number of different assets, which include currencies, stocks, indices and commodities. The platform currently provides a gateway to over 10 million options.

IQ Option Demo Account

Like many competitors, IQ Option offers a demo account. However, IQ Option’s demo account stands out. This is because there is no limit on how long you can use the demo account. That allows you to get truly comfortable with your trading techniques. It also allows you to test new trading strategies in the future.

The IQ Option demo account includes $10,000 in virtual funds. If you use all of those virtual funds, you can easily have the amount replenished, allowing you to continue practicing your trading techniques.

Another standout element of the demo account is the fact that you do not need to provide personal information before using it. This is not always the case with competitors. The lack of personal information required for a demo account helps potential clients protect their privacy.

IQ Option Real Accounts

IQ Option requires a low minimum deposit and new traders can start off by just depositing $10 in order to gain access to a live account, there are currently two trading account options:

  • Real Account. This can be accessed with the $10 minimum investment and there are no restrictions on trading functionality. This account provides access to over 70 assets and users can request withdrawals that are processed within 24 hours. Real account holders can also take part in various trading competitions held on the platform ( customers outside of the EU ).
  • VIP Account. – This is available to Traders who:
  • Make a deposit of $1900 or an equivalent amount in other currencies, or Have a trading volume of $15000 “IQ Option Ltd. provides VIP status for traders from non-EEA countries”
  • In addition to the features found on the real account, the VIP account also includes a personal manager who is always ready to assist traders with any queries and issues. The VIP account also comes with a monthly report on user trading records, which is performed by the platform’s analysts and gives customers valuable feedback on their performance.

IQ Option Signup

The best way to get started is to sign up via Facebook, Google, or to simply create an account by using an email address. After inputting your details and creating a password you can proceed.

When this is done you can immediately use your practice account or top up your real account before moving on to live trading. A pop-up will notify you of the creation of both your practice account and real account.

IQ Option has developed its own proprietary platform and this makes navigating the site an enjoyable experience. The platform has been generally well designed with an intuitive approach and it’s quite easy to locate all the various tools and features. The free demo account also provides users with the possibility to trade with all of the underlying assets. As a result, there are a variety of options regarding types of trades and users can quickly switch between their preferred assets. The platform also offers a range of charting tools such as Bollinger bands and moving averages which all help enhance trading capabilities.

IQ Option Deposits

With IQ Option, there is a minimum deposit of 10 USD/GBP/EUR. You can select your preferred form of deposit, and IQ Option does not charge any fees for depositing funds.

To make your first deposit, you will need to go through the account verification process which in the EU involves adding your phone, personal information, adding your trading experience and uploading photo identification. Different countries will have different requirements and also will need verification to make withdrawals from the site.

IQ Option offers its customers a number of ways to make deposits and withdrawals to and from their trading accounts. Users can currently use debit services such as Maestro and Visa Electron, or credit cards like Visa and Master Card. Customers can also use a host of payments processors such as Skrill, WebMoney, Cash U, Neteller and Moneybookers.

There is also the option to process payments via Wire Transfer and the current minimum withdrawal amount is $2, while the estimated time to withdraw funds is 1 business day. Your bank may charge fees for this process.

As of the time of writing, IQ Option still does not allow for deposits via PayPal. However, the platform is working to make this an option.

IQ Option Withdrawals

When it comes time to withdraw funds from your IQ Option account, the method used will vary based on the deposit method. In the case of deposits via a credit or debit card, you must withdraw the initial deposit amount onto the card. Since this transaction gets processed as a refund, you can only withdraw up to this amount to your credit or debit card, including deposits made within the past 90 days. Any profit that is over this amount will need to be withdrawn via a bank transfer or your chosen e-wallet.

The e-wallet options for withdrawals are identical to those for deposits, including Skrill, WebMoney, and Neteller. Alternatively, you can withdraw those profits via a bank transfer. Keep in mind that opting for a bank transfer does come with a fee of $31. In the case of deposits made via an e-wallet, you must withdraw the funds to your same e-wallet account.

Regardless of your withdrawal method, IQ Option will process your request within three business days. Bank cards and payment providers may require additional processing time.

Keep in mind that before you can withdraw funds from your IQ Option account, you must verify your account by submitting identification documents. This involves uploading:

  • A photo ID, such as a driver’s license or passport
  • In the case of a deposit made via a bank card, you must also upload an image of both sides of every card used. Hide the CVV number and the middle digits of your card number. Keep the first six and final four digits visible. This is for your own security.

How to Trade on IQ Option

Trading on IQ Option is relatively intuitive and the trading platform is very well designed. You will see the chart is in the center with buy and sell boxes to the right hand side. Your balance is displayed at the top along with any assets you are currently trading.

You can use the drop down located at the top left of the chart area to choose which instrument to trade. The drop down contains FX Options, Forex, Stocks, Crypto, Commodities, Indices and ETFs and from that you can then select or search for your chosen asset.

You trade right from the Web Trader’s interface. To the right of the graph for your chosen asset, you will see options to buy and sell. You simply fill out the amount of the asset you wish to purchase and submit your order.

You can also place an order easily via the mobile application, and the overall setup is very similar. To the right of your chart, you will see the same options, with the ability to adjust investment, leverage, and price and then select buy or sell. For clarity, this section of the trading platform will also display the spread.

Users can also easily search for their favorite cryptocurrencies and analyze all of the most relevant and up to date information. In addition to offering Bitcoin and Ethereum, IQ Option also offers at least 10 other cryptocurrencies to trade. These include Dash, Ethereum Classic, IOTA, Ripple, Litecoin, and Monero.

Risk Warning: Your capital might be at risk.

The interface also provides easy to find links to chats, trading history, and customer support, and in the event of any issues, users can quickly open up a dialogue with the support team. Another standout feature is the resources section that provides access to training and education materials. A number of short training videos are integrated into the site and traders can access these resources without having to leave their training accounts.

The demo version of trading platform is also the same as the live version, and traders can improve their skills by using the $10000 of virtual funds that come with the practice account. Even if things go badly, these funds can be replenished, giving traders a consistent pool of funds to practice with.

Order Types & Stop Loss Tools

As is expected of modern trading platforms, IQ Option gives traders a range of order types to reduce risk and customize the trading experience. The variety of order choices lets traders create strategies that are short-, medium-, or long-term and featuring a variable return. Multipliers let traders increase the risk level for an investment with a corresponding increase on the return.

Stop loss orders let traders set maximum losses that they will accept, automatically closing the trade if it is triggered. Take profits do the same thing but when the trade reaches the profit you specify. A trailing stop will lead to dynamic operation of an auto-close at loss, moving with the price in the direction the trader indicates. Purchase at preorders lets traders set a price at which enter the market.

To supplement the order types, IQ Option offers a range of tools for setting stops and take profits. While most brokers just let you select the asset price, IQ Option lets you set the take profit or stop loss at either a percentage, numerous loss, or specific asset price. There is also the choice to apply the dynamic stop loss or trailing stop and the ability to use the balance to keep a position open if it exceeds the stop loss.

Order Types

There are numerous order types available with IQ Option, with the specific types of order available varying by asset.

  • Multiplier orders allow you to increase the return on investment and your level of risk via a coefficient. This is a popular tool among advanced traders, but it should only be used by those with experience due to the increased risk. When used properly, it can dramatically increase potential profits.
  • Stop loss orders let you set maximum losses that you will accept. When this type of order gets triggered, it automatically closes the trade to minimize your losses.
  • Take profit orders are almost the opposite of a stop loss order. You indicate the amount of profit you want to reach, and the order automatically closes when it reaches this point.
  • Trailing stop orders build on the idea of a stop loss by dynamically using auto-close at stop. A trailing stop order will move with the changes in price in the direction that you indicate.
  • Finally, a purchase at or pre-order lets you choose the price at which you want to enter the market. When the market reaches this point, the trade will automatically be executed.

Charting Tools

To ensure traders can get the most from the IQ Option trading platform, the broker offers a long list of charting tools that can provide insights and help clients craft their trading strategies.

Candle charts are among the most popular for IQ Option traders. These candles indicate a period of time, with solid colors indicating volatility during the given period and points marked for the price at both the beginning and the end of the given period.

Hollow candles are similar. However, instead of always using solid colors, the positive candles are hollow and the negative candles are solid.

IQ Option also offers area charts that show the price in the form of a line, complete with shading for the area underneath. Line charts are similar, but the area underneath the line is not shaded.

Finally, bars, like candle charts, cover a period of time you specify. They indicate the prices at the beginning and end of the period but do so with vertical lines. There are complementary horizontal lines that display the prices at open and close.

Indicators

With the indicators on IQ Option, you can spot trends and better identify potential trades that will lead to profit. IQ Option offers 13 indicators that are available via the charting interface.

Many can be used independently or together to maximize your results and insights.

  • Moving Averages (MAs) include Simple Moving Averages, Weighted Moving Averages, Smooth Simple Moving Averages, and Exponential Moving Averages. These can help provide insights into current trends and can be used with other indicators.
  • The Moving Average Convergence Divergence (MACD) shows where moving averages converge and diverge, essentially visualizing the ratio between two Exponential Moving Averages (EMAs).
  • The Parabolic SAR has a similar purpose to moving averages. However, the position changes based on the price and it moves in conjunction with higher acceleration. It shows up in a group of small dots.
  • The Awesome Oscillator indicates a visualized ratio of two SMAs (Simple Moving Averages), with one fast and one slow. The indicator helps show new trends’ development and completion.
  • Bollinger Bands are trend indicators showing a dynamic range for price movement.
  • Volume Indicators show the quantities of your chosen asset that were bought and sold within a given period, indicating interest.
  • The Alligator Indicator helps you assess market movement in terms of direction and assists with filtering Side Bands (no-trend periods). Overall, this indicator helps traders find emerging trends, and it is cross-functional.
  • The Relative Strength Index (RSI) helps figure out a current trend’s strength, as well as potential reversal points. It compares asset price growth (absolute) with the total price reduction, showing it via a curve.
  • The Stoch or Stochastic Oscillator indicators show a price’s current position in comparison to the extremes from your selected period. This is shown as a percentage and helps you determine likely reversal points.
  • The Average True Range (ATR) displays a trading asset’s current volatility within your chosen period and determines the change rate of quotes.
  • The Average Directional Movement Index (ADX) shows a trend’s strength before the price movement begins. It can also indicate potential market volatility changes.
  • A fractal is a series that includes a minimum of five Japanese candlesticks, showing the local maxima and minima of price curves as well as market reversal points.
  • Finally, the Commodity Channel Index (CCI) measures the speed associated with price movements. It helps traders determine upcoming market reversals and can detect extrema or assess a trend’s strength.

Additional Features

IQ Option places a good amount of focus on its users and the platform enables customers to trade with confidence by incorporating a number of features that greatly enhance the overall trading experience. These include:

Mobile Integration

IQ Option offers a mobile web trading solution in addition to a specific mobile application, which gives users greater flexibility regarding mobile trading options. The app has a clean, intuitive graphical interface and is easy to use; it also has most of the charting options found on the standard platform. The app also provides push notifications, and users can set key trading levels which result in alerts any time these levels are breached. The app works on tablets as well as smart phones and the platform is available to both Android and Apple iOS device holders.

Trading Competitions

If you are outside the EU, then Customers are provided with the chance to test their skills against other traders via a number of Binary Option tournaments. These frequent tournaments are usually around 30 minutes in length and require a small entry fee. After signing up, users are given $10k in virtual funds and at the end of the competition; the trader with the highest returns wins a prize.

The prize can be fixed or be related to the number of people who entered the tournament, and at best allows the winner to receive a payment of up to 100x the entry fee. If users deplete their virtual funds, they can buy in again and continue to take part in further tournaments. This provides users with an interactive way to test their trading capabilities as well as pick up new trading techniques.

As always, please note it is possible to lose your entry fees when taking part in competitions.

Education and Training Resources

IQ Option also makes a wealth of data available for all its users, and the site incorporates training resources that can benefit both newer and more experienced traders. These include various trading videos, as well as webinars and tutorials. Users also have access to a number of e-books and an FAQ section that covers the most common questions. These training materials provide valuable information to for traders of different abilities and experience.

IQ Option Affiliate Program

IQ Option offers an affiliate program for those who want to supplement their income by encouraging others to sign up to use the platform. When you become an affiliate, you simply share your affiliate link, whether this is on a website, blog, or somewhere else. From there, a user will click the ad or link. When they sign up, it will be associated with your unique ID.

Your rewards arrive when the users you encourage to sign up start trading on IQ Option. Based on the trading activity of the client, you can earn as much as 70 percent of the broker’s profit. This continues for life, allowing for passive income opportunities. The earnings are paid out two times every month, and you can choose your preferred payment method. To date, IQ Option has 115,410 affiliates in 178 countries. On the day of writing, IQ Option affiliates had already earned $35,015.50 just that day alone. You can view up-to-date figures on the countries, customers, affiliates, and amount earned by affiliates for the day on the IQ Option affiliate page.

The IQ Option affiliate program does not allow for a negative balance, as there are no deductions from your profit, only profits. There is also cross-platform support with options for mobile and web, multilanguage support, and universal links. The program even provides analytics, complete with reports that include data filters.

In addition to the regular affiliate program, IQ Option offers an IQ Option CPA program, which it advertises as among “the most lucrative” programs of its type within the industry. Qualified traders can receive payments between $35 and $1,200. As with the regular affiliate program, the CPA program receives payments twice each month and gets useful data. There is also a convenient calculator to determine approximate income from CPA program affiliates.

History of IQ Option in Numbers

As mentioned, IQ Option was founded in 2020. Since then, the broker has grown considerably and includes specific figures on its website to help show its growth. Starting with the number of active users, there were 8,110,000 registered users in 2020, which had nearly doubled to 14,680,000 by 2020 and reached 25,580,000 in 2020. This represents registered user growth of a whopping 17 million just between 2020 and 2020.

Not only did IQ Option have an expansive growth in active users, but the countries that these traders were from increased. In 2020, IQ Option had traders in 135 countries, growing to 148 countries in 2020, 150 in 2020, and 151 in 2020.

IQ Option also lists the figures related to trades throughout the years. Between 2020 and 2020, the number of daily transactions increased by nearly 70 times. Between 2020 and 2020, this figure grew another 2.5 times. For those interested in specifics, 2020 had an average of 646,000 transactions each day, which increased to 956,000 by 2020 and 1.8 million by 2020.

Or you can look at the figures representing growth in terms of trading volume per month. Between and 2020, this figure increased by about 23 times. In 2020, the figure was $16 million, which became $89 million, an increase of 5.5 times in just a year. By 2020, this was $184 million, more than doubling in just a year. Between 2020 and 2020, the monthly trade volume increased to a whopping $380 million. This means that for two consecutive years, IQ Option doubled its monthly trading volume.

That trading volume does not all stay inside the platform. Instead, there is also an increase in the amount that traders withdraw from the platform each year, showing that the active users are truly earning money. In 2020, traders withdrew $1.5 million per month, which became $5.8 million in 2020 and $10.8 million in 2020. In other words, 2020 saw 1.8 times more money withdrawn by traders from IQ Option compared to the previous year.

It is also worth noting that these withdrawals have increased in speed. In 2020, IQ Option made changes to offer instant withdrawals. This allowed for 68 percent of withdrawal requests to be processed immediately. Now, the average time for processing a withdrawal from IQ Option is just one day. The order processing has similarly improved, now averaging just a second.

IQ Option also offers indications of how its customer support has improved over the years. When chat support began in 2020, there was an average wait of 7 minutes for a reply in chat, which decreased to 4 minutes in 2020, 46 seconds in 2020, and 38 seconds in 2020. On a similar note, the amount of time it took to answer a ticket decreased from two hours in 2020 to 24 minutes in 2020 to just 16 minutes in 2020. Some of this is also due to the growth of the support team, which only had 25 members in 2020 but grew to 39 members in 2020 and 78 in 2020.

The number of affiliates has also grown from 3,000 in 2020 to 84,000 in 2020. This included 21,000 affiliates in 2020 and 48,000 in 2020. Along with the growth of affiliates, those affiliates have consistently earned more every year. Affiliates earned $200,000 monthly in 2020, $810,000 in 2020, $2.3 million in 2020, and an impressive $4.6 million in 2020.

IQ Option Awards

Over the years, IQ Option has accumulated an extensive list of awards, each of which shows off one of the platform’s strengths. The Academy of Interactive & Visual Arts honored IQ Option with the 2020 Award of Excellence, which is the highest honor from the Communicator Awards. IQ Option was recognized by the voting committee as the top trading app in the Financial category.

In 2020, IQ Option earned the Rising Star award for “The intelligent trading app for binary options” from the Mobile Star Awards, the largest annual awards program worldwide for mobile software and innovations. The organization praised IQ Option for its design and efficiency.

The Web Marketing Association honored IQ Option with the Best Technology Application in 2020 for the company’s mobile application.

IQ Option also earned the Century International Quality Gold ERA Award from the Business Initiative Directions Group as recognition for the company’s commitment to Excellence and Quality, especially within Customer Satisfaction.

Going back a bit further to 2020, IQ Option earned the title of Best Binary Options Broker Europe 2020 from the Global Banking & Finance Review. The broker also earned the title of Most Innovative Binary Option Platform from the IFM Awards in 2020, as well as the Best Mobile Trading Platform in the same awards.

Global Brands Magazine, which is a reputable brand observer in Britain, honored IQ Option with the title of Fastest Growing Binary Option Brand. In the Forex Awards 2020, IQ Option was named the Best Trading Platform. Also in 2020, the MasterForex-V awarded IQ Option as the World’s Leading Binary Options Broker and the Most Reliable Binary Options Broker.

The FX Report Awards named IQ Option the Best Binary Options Broker in 2020. In 2020, the same year IQ Option was founded, the company earned the title of Most Innovative Binary Option Broker from Moscow’s ShowFx World conference. At the IAIR Awards, IQ Option earned multiple awards, including the Best Binary Options Broker and the Best Binary Options Broker/Trading Application.

IQ Option Jurisdictions, Languages, and Countries

IQ Option has clients from 151 different countries. The platform and website are currently available in 13 languages, allowing traders from around the world to trade in a language they are comfortable with. For further international appeal, IQ Option lets traders select from one of the following currencies for funding: GBP, EUR, USD, Yuan, MYR, IDR, and RUB.

IQ Option is owned and operated by a company within the European Union. As such, IQ Option has a license from CySec, the Cyprus Securities and Exchange Commission. To receive that license, IQ Option met, and must continue to meet, minimum requirements related to marketing restrictions, client funds, and trading products. The registration in Cyprus as a financial services provider has number 247/14, giving IQ Option the ability to take on European clients, who then receive full CySec protections.

Due to CySec regulations, all client funds must be stored in segregated accounts that IQ Option cannot access for its own brokerage business. CySec regulators also offer a level of deposit insurance, which protects a certain level of all investments made with IQ Option if something happens to the broker.

IQ Option USA

Unfortunately, IQ Option is not available to traders in the United States. The broker is available in 178 countries around the world, but the United States has stricter restrictions and regulations, meaning American traders cannot use the broker. Other countries that you cannot use IQ Option in include Canada, Russia, Australia, France, Japan, Belgium, Turkey, Israel, Iran, Syria, and Sudan.

IQ Option Customer Support

IQ Option allows users to contact the support team via email, contact form and a chat function. The site claims to respond to all queries within 46 seconds and aims to resolve all tickets within 24 minutes. There are currently around 83 customer service specialists on the team and traders who require a more personalized service can upgrade to the VIP account which comes with a personal account manager.

IQ Option retains an international focus and aims to cater to traders from around the world. The platform offers the possibility to trade in a variety of different currencies such as USD, GBP, EUR, Yuan, RUB, TRY, IDR and MYR. In addition to this the site also provides support in languages such as English, French, Italian, Spanish, Portuguese, Chinese, Korean, Arabic, German, Turkish, Thai, Hindi, Urdu and Norwegian.

However, due to a variety of different regulations, the site does not provide its services to citizen or residents of the United States of America, Australia, Canada, Belgium, Israel, Palestine, Japan, Sudan, Syria, Iran, North Korea or Russian Federation.

IQ Option also adheres to the required standards of identification and users should note that when they register for a trading account they must provide their personal data and verify their email address and telephone contact number. Potential users who are unable to do this will be unable to complete their account registration.

  • Also after funding your account, you will be asked to provide further personal information in order to complete your account verification. IQ Option will expect to receive copies of identification documents such as:
    Passport or National ID Card issued by a Government Authority
  • Proof of Address in the form of a Utility Bill or Bank Statement is required from EU residents.

IQ Option Customer Reviews

Most online reviews from customers of IQ Option are positive, but there is the occasional negative review, as should be expected. Some complaints relate to the fact that IQ Option requires KYC procedures to verify your identity before you withdraw funds. However, these procedures are normal for any broker dealing with fiat currency, and even many cryptocurrency exchanges require KYC procedures.

Some users also indicate that withdrawing funds can be challenging at times with the occasional issue related to having an account blocked. However, this does seem straightforward to resolve and may come down to KYC issues; the reviews are not clear on the cause.

Those reviews that indicate complaints against IQ Option are regularly interspersed with positive reviews. It also seems that many of the negative reviews posted online are not actually from customers. Instead, they are from people who claim to have had issues as a way to promote another service. When you look at online reviews from people who claim to be customers of IQ Option, remember to take them with a grain of salt since many are clearly from competitors or people with ulterior motives.

When read with a critical eye, the overall trend of seemingly valid reviews of IQ Option from customers seems to be neutral to positive.

Is IQ Option a Scam ?

While carrying out this review and researching other people’s opinions online, we found a number of complaints from people calling the site a scam. Some reasons mentioned are that they disabled a person’s account which didn’t allow them to withdraw their balance and a lot of disgruntled people who seem to have lost money trading on the platform.

But we also found overwhelming number of positive comments about the company which seems to point that the few who have had problems with them are the more vocal people online.

In our view there is absolutely no way this company can be considered a scam, the company is a tightly regulated business with a high revenue turnover, official business premises and high quality website and trading software.

Is IQ Option Safe?

In addition to practices such as maintaining segregated accounts for client funds, IQ Option offers security in several other ways. Unsurprisingly, the broker has full SSL encryption. As such, all communication that traders send to the broker’s servers is encrypted in a way that meets AES 256 Bit encryption standards. That encryption limits the ability of hackers to access information, letting IQ Option supply added protection of both client funds and information.

Conclusion

IQ Option is an impressive platform that provides its users with a great amount of value. The site merges a good level of transparency and functionality and users can be comfortable knowing that the platform is in keeping with the latest financial regulations.

Trading on the site is generally quite a smooth experience and the platform utilizes an intuitive UI that is easy to navigate. The platform and trading application is functional enough for professional traders whilst also being simplistic enough to allow new entrants to painlessly learn the trading process.
IQ Option is a company on the rise and has grown to managing almost 15 million accounts and processing 3 million trades per day. The site also enjoys a trading volume of $11 billion a month and pays out approximately $5.7 million to its users on a monthly basis.

The site does have its drawbacks, and users who require extensive interaction with a customer service agent may be unfulfilled by the two account levels. In order to be in consistent communication with a personalized account manager traders are expected to pay a $3000 fee which may be too restrictive for some. The site is also proving to be popular with traders around the world and despite IQ Option devoting time and energy to developing its customer service, there is the possibility that users may have to wait for more than 24 minutes in order to have their queries processed.

Finally, IQ Option is not available to the residents of countries such as the United States, Canada, and Japan. These nations are home to large numbers of financial literate individuals and the platform would be better off with their presence. However, IQ Option still caters to traders from over 178 countries and provides a comprehensive service to all its users. The platform caters to stock, Forex, and cryptocurrency traders and individuals who sign up can be sure to interact with an intuitive platform that provides access to a wealth of resources, and trading options.

Risk Warning: As always with trading, you should know the risks before hand – these are volatile markets where it is completely possible to lose large sums of money if you do not know what you are doing. Make sure to do your research, learn the platform inside out and never risk more money than you can afford to lose.

IQ option Broker Review 2020

IQ Option is an EU-regulated, award winning broker that offers trading in a large variety of assets including options and CFDs in forex, cryptos, stocks and commodities with a minimum deposit of only $10. They are famous for their $10,000 free demo account, the innovative IQ Option platform and their large variety of both popular and more exotic assets.
IQ Option is our top awarded broker, so we would highly recommend reading this full review and finding out all you need to know about one of the most recognized and praised platform worldwide.

⛔️ �������� IQ Option is not available for traders in the U.S. If you are trading from the U.S, we would recommend checking out NADEX review – the best binary options provider for U.S. traders.⛔️��������

***Binary options are prohibited in the European Economic Area. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This material is not investment advice. ***

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IQ Option Account Features

At IQ Option, there are three trading accounts available: the real account, the VIP account and the free demo account. The real account is a regular trading account, the VIP account is for professional clients and the demo account is a free practice account where you can test the IQ Option platform and practice trading entirely risk-free.

You can check out all three options below.

Is IQ Option Fake or Not?

Free Demo Account

Answer : IQ is a real trading platform offering demo accounts with fake or virtual funds for beginners. IQ Option offers all fundamentals of binary trading. You can signup for a free trading demo account where you can trade with fake money. Do not confuse this with being a “fake broker” or a scam broker. Demo trading is basically real time trading on the actual software that you will make real trades from, but in a mock setting with fake money or called virtual funds. IQ Option offers traders $10,000 of virtual funds to use in their demo account.

There is no risk of losing real money when you are demo trading because the account is loaded up with virtual cash. Just like with a real account, an IQ Option binary options demo account allows you to see what the software is like, and your trades will be at the mercy of the market. If you have an incorrect guess, your virtual money is subtracted from your account. If you’re right, the return will be added to your account.

A demo account is one of the best ways to get a feel for whether or not the IQ Option platform is right for you. Does it mimic real trading perfectly? No. There are going to be psychological differences between demo trading and real trading. IQ Option cannot replicate these perfectly, nor can anyone else. Losing $1,000 in fake money is very different from losing $1,000 in real money. However, demo trading can teach you how to use the software well and give you time to practice so that you are less likely to lose real money when you begin. We strongly recommend you do this before trading with your real money.

Real Trading Account

IQ Option has one of the lowest minimum deposit amounts in the market to open a real trading account. The minimum deposit to begin trading at IQ Option is only $10. The minimum trade amount is $1 for binary options and digital options, and $20 for forex and CFDs. If you are trading from South Africa you can try to get higher returns with touch no touch binary options, but keep in mind it carry great risks and potential loss of money.

This creates a low bar entry for this broker, and it is also a good way to minimize your risk if you are new to trading. If you are still unsure about the broker or you are just hesitant to try trading with real money, this is one of the best brokers to start with.

VIP Trading Account

The IQ Option VIP account is targeted towards more professional traders, which is why the minimum deposit amount is much higher. The minimum deposit to open a VIP account with IQ Option is $3,000. This option is only possible when you are done with you basic binary options training.

These are accounts catered to trading experts with a higher profitability rate, a personal VIP account manager and free participation in their trading tournaments.

We would not recommend opening a VIP account with any broker if you are a beginner in trading.

IQ Option Trading Software

Other than a low entry barrier, IQ Option has a strong trading platform to encourage traders to use their site. They have a proprietary trading platform, and this comes with many special features, which are updated regularly.

Knowing how to use the IQ Option platform is a must if you want to be successful with this broker. Here, we’ll go over what you need to do to familiarize yourself with the IQ Option trading platform and give yourself the best chance possible of being profitable if you decide that you want to trade with IQ Option.

How Do I Use the IQ Option Platform?

The IQ Option trading platform is very simple. From their trading page, you are given a chart of the asset you are focused on, and then a place to edit trade amounts.

For example, if you want to make a $10 trade on the EUR/USD, you can later edit the amount if you wish from the same screen. Trade directions and expiries can also be dictated from this screen. If you want to make a 15-minute put option for $10, then change your trade to a 60-minute call option for $100 once that expiries, there’s no need to click on multiple screens to get this. This streamlined access is great for most people.

You can also look at different charts here. These are fully customizable, allowing you to change timeframes, and even put indicators on the charts themselves. This is a great way to hone your technical analysis skills and keep improving.

If you don’t have experience with this yet, this is a great way to slowly gain expertise. They offer Bollinger Bands, Alligators, MACD, and Parabolic SAR, just to name a few. We recommend the candlestick chart option.

They also have a trading client that you can download, trading right from your desktop if you wish. Most traders use their web-based browser, but if this is something that you want to avoid, there is a download available for you. Both work with equal ease.

Mobile Trading

IQ Option has a standalone app, both for Android and iPhone devices. On Android devices, you can find the download for their trading app on Google Play. For iOS devices, you can download the app from the iTunes store.

This is another choice that traders on the go have if they do not want to sacrifice trading opportunities just because of a busy schedule. Our IQ Option review team found that mobile trading can go either way when it comes to helpfulness. If you are going to use your phone or tablet to trade, we recommend having a strong method of analysis or a signals service on your side before you execute your first mobile trade.

500+ Trading Assets

As far as assets go, IQ Option offers over 500 different assets, ranging from classic options to CFDs in forex, cryptos and stocks. The broker recently expanded their stock collection by adding a variety of cannabis stock CFDs.

You can truly find anything you are looking for on the IQ Option platform and special features that will help you trade.

IQ Option Price Alerts

IQ Option recently added price alerts to their trading platform, which are created to make trading even easier. Price alerts automatically notify traders when an asset has reached a specific price level.

You create the alert yourself, based on the price you want to BUY or SELL. All you need to do is select an asset, click “create alert” and set the price you want to be notified for. Read more about itm and otm meaning finance to learn the basics.

IQ Option Robot

The IQ Option robot is no longer available.

If you are looking for a good robot to help you with your trades, check out our binary options robot section for the best automated trading options.

Education

IQ Option recognizes that binary options trading education is important, and we applaud them for that. They have a strong set of resources for their traders, including free webinars, and plenty of reading material. This ranges from basic tutorials on how to make a trade, to in-depth binary trading strategies and risk management.

We firmly believe that all traders need to continuously be educating themselves if they are going to have a chance of being successful, and we recommend you take advantage of the tools that IQ Option provides for you. This will be the best way to take your trading from where you are now, to the next level. Couple this with real experience, and you are on your way to being successful.

Additionally, we also urge you to read financial news on a daily basis. You might have a favorite news source already, and if you don’t you should find a few. Having a streaming news service subscription, so that breaking news that will have an impact on your trades is sent to you automatically, will be your best bet. These services tend to have a cost, but they are worth taking advantage of as news events can have an immediate impact on prices.

IQ Option does a good job of providing their traders with the news, but this is often available a day after the fact. While helpful, it isn’t the best at keeping track of real time changes in the world.

IQ Option Support Information

The IQ Option customer support team is available 24/7 via email ( [email protected] ), live chat (from trading platform), phone or the contact form on their website.

You can contact IQ Option through the following numbers:

English:

+44 20 8068 0760
+44 80 0069 8644

Portuguese:

+351 882 880 034 (Toll-free)
+351 308 807 766 (National)

Spanish:

+34 90 086 16 12 (Toll-free)
+34 91 123 87 48 (Madrid toll rate)

IQ Option Payment Methods

IQ Option is a reputable broker, and they are regulated by one of the most heavily respected regulatory bodies in the online trading business. But even with this distinction, traders often have concerns about the wellbeing of their money. This is legitimate; there are a lot of scammers out there, and nobody wants to fall for one of these and lose their money. Here, we will go over the deposit and withdrawal process and let you know what you can do to make sure that this process goes as smoothly as possible for you.

IQ Option Deposits

You can make a deposit at IQ Option with a credit card (Visa, MasterCard, Maestro) a wire transfer, or a number of different e-wallets, like Skrill, Neteller and WebMoney. Remember that if you use a credit card, you can only withdraw what you deposited back onto that card later.

IQ Option Withdrawals

When you’re ready to cash out your account or take a partial withdrawal from it, you will need to make sure that a few basic requirements are fulfilled first.

According to EU financial regulations, you need to prove your identity and your address of residence before money can be withdrawn from your account. The best way to do this is to scan and submit a copy of a government ID (like a driver’s license or a passport) and a copy of a utility bill (like your electricity or internet bill).

If you are using a credit card, you will need to scan the front and back of the card and send it in. You should cover up all but the last four digits of the card number and the CVV on the back.

IQ Option doesn’t need this information as they encrypt their data, and it will help prevent any potential for fraud. Binary options already have a good deal of risk associated with them, you don’t want to put yourself at even greater jeopardy of losing money.

These rules might seem like needless hoops to jump through, but IQ Option follows them in their effort to prevent money laundering and other illegal activities. So, while they might be a hassle, they are for the general protection of everyone.

IQ Option Withdrawals Issues and Questions

You can make a withdrawal by Visa, MasterCard, or Maestro, as far as credit cards go. You can also use a wire transfer or an e-wallet. The e-wallets that IQ Option currently is compatible with includes Skrill, Neteller and WebMoney.

The primary way to make a withdrawal from IQ Option is by the same method that you made your initial deposit with. You should spend some time thinking about what’s going to be the most convenient way for you to make a withdrawal when you’re making your deposit so that you can expedite this process a little bit and avoid the potential for delays here.

For example, making a deposit with a disposable credit card might be problematic if you want to withdraw your IQ Option funds back to that card later.

Wire transfers are the most reliable and safest way to send and receive large amounts of money to and from your bank account, but there are some concerns here. Your bank may charge you for wire transfers, for example. No one wants to have to pay these fees, but if the safe transfer of your money is important to you, then this is worth looking into.

What is the minimum withdrawal amount?

There is no minimum amount that you can withdraw from your IQ Option account.

What is the maximum withdrawal amount?

The maximum that you can withdraw from your IQ Option account is $1,000,000. You can make multiple withdrawal requests over the course of time if you need to, but this is the maximum amount per day that you can withdraw. Also know that depending on your deposit method, you may not be able to withdraw as much as you want all at once. For example, if you made a deposit to your account with a credit card for $500, you would not be allowed to withdraw more than $500 back to that card. Once your card withdrawal request is complete, you can make another request for the rest of your balance, but it would need to be processed as a wire transfer or as an e-wallet transaction.

How Long Will My IQ Option Withdrawal Request Take?

Once you make a request for a withdrawal, the time it takes before it is processed will vary depending on the type of your account. If you have a VIP account, your request will be processed within 24 hours. If you have a normal cash account, the request will be between one and three business days.

Once things are completed on IQ Option’s end of business, it may be another few days before the money shows up in your account, depending on how fast your bank works. Typically, it will be no more than 72 hours after IQ Option has completed your request, but banks do vary here.

How Much Do IQ Option Withdrawals Cost?

Currently, withdrawals from IQ Option are free of charge. This does not mean that other institutions will not charge you, though. For example, your bank will likely have a fee for you if you use a wire transfer. IQ Option attempts to do their part to keep your costs down, though.

IQ Option is one of the best binary options brokers when it comes to choices for banking for a successful binary options payout. A lot of the issues that traders have with their broker has to do with financial transactions, but IQ Option is very simple to work with. Their rules are clearly stated on their site, and they are all compliant with regulations. Credit cards and e-wallets are the quickest way to get your money returned to you. If you have a VIP account, this process will be even quicker.

If you’re going to create an account with IQ Option and you have further concerns or questions about deposits and withdrawals, we recommend getting in touch with their customer service. They have a quick turnaround on emails, but a phone call may be more helpful if you are looking to get this resolved quickly. IQ Option is a reputable broker, and if you are familiar with their regulations for withdrawals before you get started, your dealings with them will be much smoother.

CAN I TRUST IQ OPTION?

When you are selecting a new broker, looking at what others who have used a site before you have said is an easy way to get a feel for the site. If you are looking at IQ Option, you probably want to know whether this site has good reviews or negative reviews.

Are people happy using this broker, or do they have a bad experience, warning others to stay away from it? Is this a broker that does what they advertise themselves as doing? Answering these questions confidently before you make a deposit is going to be a key part of your success as a trader.

Is IQ Option Regulated?

IQ Option is regulated with a license in the EU, and since they have obtained this regulation, we haven’t been able to find any major negative reviews of the broker. It’s always a good idea to start with whether a broker is regulated or not when you begin looking at them. Stay away from brokers on our binary options scams blacklist.

Are There IQ Option Negative Reviews?

Negative reviews of IQ Option do exist, but most are focused on trader error. Online trading is tough, and people do lose money, whether they trade at IQ Option or somewhere else. You will notice if you read the 24option review or study the binary.com app reviews online, that there is always negative reviews as it is impossible to make everyone happy when a majority of traders are losing money. Not because they have problems with olymp trade withdrawal or other brokers but because it is tough and not for everyone.

Nobody likes to lose money, and it’s not surprising that people leave negative reviews when they do. The question that you need to ask yourself is whether this is the broker’s fault or the trader’s.

Another thing to be aware of is their withdrawal policy. We did find some complaints when it came to the withdrawal policy as people were surprised that they couldn’t withdraw more than what they had deposited with a credit card. For example, if you made an initial deposit of $1,000 with a Visa, and then doubled your account size to $2,000, you can only withdraw $1,000 of that back to your card. The rest would need to be withdrawn via a wire transfer.

This policy is standard practice within the binary options world and posted on their website. It’s important that you be familiar with the banking policies of the site you use before you create an account.

Finally, there were a handful of complaints about customers being locked out of their accounts. IQ Option is a regulated company, which means they need to follow the safety and anti-fraud rules and laws that exist.

Traders outside of the European Union, those with some sort of suspicious activity on their account, and those that do not verify their identities adequately will have issues here. Again, these policies shouldn’t be a surprise as they are a standard practice and clearly denoted.

How Do I Avoid These Issues?

The best way for you to avoid issues with IQ Option or any other reputable broker is to know the rules and follow them. Familiarize yourself with the best way to conduct financial transactions with the site before you ever make your first deposit.

Credit card transactions are easy and quick, but they are not always the best method for everyone. Also, be sure to take the appropriate steps quickly to confirm your account and identity. Provide the scanned copies of your government issued ID card and utility bill long before you want to make your first withdrawal. If you did use a credit card, be sure to scan a copy of this, blotting out the CVV and all but the last four digits of the card, and send it in. Getting these out of the way early will avoid issues with withdrawals later.

Conclusion: IQ Option is a Trustworthy Company

Are there complaints about IQ Option out there? Yes. Are they well founded complaints? For the most part, no. Most of the issues that people have with this broker are not actually with the broker itself, but with their own mistakes. Most people lose money when they jump right in to binary options trading, and they lose money as a result of this. We don’t want you to be among those people. Familiarize yourself with the broker before you get started, testing out the IQ Option demo account and looking over their banking policies.

Regulated brokers need to follow certain rules when it comes to finances, and IQ Option is no different here. If you know what the rules are, there’s zero reason that you will be upset about them when you are asked to follow them.

Our IQ Option review concludes that this is a great broker with a lot to offer traders, especially those that are just starting out or do not have advanced strategy skills yet in place. Other, more experienced, traders can also benefit from using IQ Option, but there is a definite appeal for new traders or those without a lot of capital here.

Whether or not this broker is right for you is up to you. CFD and binary options trading does have a lot of risk that is associated with it, and there’s a chance that you will lose money even when you use all of the proper risk management strategies that you should be using.

We encourage all traders to use demo accounts whenever they start using a new broker, and IQ Option does have a free demo trading service that you can use. This is a good way to get practice using the IQ Option platform in real time before you ever risk any of your own money. This certainly doesn’t guarantee that you will earn money trading, but it does help to reduce your chances of making a simple mistake when you are using the platform.

***Binary options are prohibited in the European Economic Area. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This material is not investment advice. ***

IQ Option Demo Account – Binary Options Trading Review

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.

All trademarks used belong to IQ option. This is not an official IQ Option website.

Why IQ Option?

Technical analysis indicators

Fast withdrawals 24/7

Video tutorials and education

Open your IQ Option demo

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. Binary and digital options are prohibited in EEA. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

About IQ Option

IQ Option is totally different from its competitors trying to achieve something special starting with the website design, trading platform, and extremely functional. Since first beginning a few years ago, IQ Option has created a name for itself between traders. The broker is magnificent for traders because of its solid trading platform and a diversity of assets to trade.

Basic IQ Option’s information

Company IQ Option
Incorporated St. Vincent and the Grenadines (IQOPTION LTD of St. Vincent and the Grenadines, non-EEA countries), Cyprus (IQ Option Europe Ltd, EEA countries)”
Minimum deposit $10
Maximum investment amount $20000
Deposit/withdrawal methods Credit Card, Wire Transfer, Skrill, Neteller, Boleto, Qiwi, WebMoney, CashU, iDeal, Fasapay
Trading instruments Binary options (not available for retail EU clients), Forex, CFDs on stocks, ETFs, cryptocurrencies
Assets currency pairs, stocks, indices, commodities
Number of assets 300+
Cryptocurrencies Bitcoin, Ethereum, Litecoin, Dash, IOTA, Ripple, Bitcoin Cash, Monero, ZCash
Countries all countries except Australia, Belgium, Canada, Iran, Israel, Japan, Latvia, North Korea, Pakistan, Palestine, Russia, Sudan, Syria, Turkey and the USA. Users from the following countries cannot trade from the iOS mobile application: China, Cuba, Liechtenstein, Malta, Myanmar, Turkey. Android application unavailable for: Cuba, Liechtenstein, Malta, Myanmar, Turkey
Demo account Yes, free of charge
Mobile application Android, iOS
Trading platform web-browser, standalone app
Support 24/7
Support Languages English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Arabic, Infonesian
Withdrawal 1 working day
Founded 2020

IQ Options mission

So, you’ve made the decision to begin your journey of online trading and creating a second income. But where do you begin? At iqoptions.com, we provide a range of reviews on IQ option’s, promoting advice on everything and anything to do with trading. We provide a range of tips and tricks on how you can begin trading and investment within the markets, as well as what websites you can use to begin. We support our traders with various IQ options, market updates, newsletters, calendars and stock screeners, as well as a large community of likeminded people.

Forex Trading
At IQ options, Forex trading reviews are one of the most popular among investors. Also known as FX, forex is the largest market in the world, consisting of billions of dollars in trades a day with the market continuously growing.

CDF Stocks
We also offer our traders the opportunity to look at reviews on CFD stocks. At IQ options, they will have the option to trade on a range of companies, this includes even the most successful companies listed on the stock exchange.

Options
Our traders also have the opportunity to review Digital Options. This is done through our advice, predicting whether or not an asset will increase or decrease in value.

24/7 Support Services
We provide all of our traders with a 24-hour support service. Our IQ options team will be on hand to answer any questions you may have regarding anything on our website.

Best Binary Options Brokers 2020:
  • BINARIUM
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