IQ Option Broker Overview

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IQ Option Broker Overview

When it comes to online trading, very few brokers can even come close to what IQ Option has to offer. As a matter of fact, many traders will tell you that this company is the best partner you can have on the market. Why? Well, there are so many reasons, so many incredible features you will have access to when you create an account with them that it would be impossible to put it all in just a few sentences. Fortunately, we have covered absolutely everything you need to know about IQ Option in our articles! Learn all about the incredibly low financial requirements they have, about the assets you can trade, about the unique platform this company uses and so much more! This IQ Option broker overview has all the answers.

IQ Option Broker Review

Overview/ background

The IQ Option trading platform grew markedly from 2020 through 2020. In 2020, 950,000 accounts were registered in the system, growing to 3,450,000 accounts by 2020, and 14,011,685 accounts in 2020. In terms of the number of trades conducted per day, some staggering statistics are available over that same timeline. In 2020, some 200,000 trades per day were conducted, growing to 1 million trades per day in 2020, and 3 million trades per day by 2020. The trading volume per month was $10 million in 2020, $100 million in 2020, and $11 billion in 2020.

Another interesting statistic provided by the company is the money withdrawn by traders every month. In 2020 that figure was $500,000, by 2020 it swelled to $1,500,000, and by 2020, it amounted to $5,700,000. In terms of processing times for withdrawal requests, IQ Option has improved dramatically from 4 business days in 2020, to 3 business days in 2020, and just 1 business day by 2020. Other amazing statistics include customer support team response times via live chat which was 7 minutes in 2020 and just 46 seconds in 2020. Tickets took 5 hours to process in 2020, 2 hours in 2020, and just 24 minutes in 2020. Clearly there have been dramatic growth, improvement, and efficiency gains for the company.

Account Types

There are 2 types of accounts at IQ Option for Forex trading. These include a top-level account with a $1,000 minimum deposit and an entry-level account with a minimum deposit of just $10. There is a VIP account which is offered through the account managers to high profile traders. The minimum deposit amount for the VIP account is $3,000. There are many privileges with the VIP account, including increased profitability, a personal account manager, free access to trading tournaments, 24/7 support, personal mentor, and direct interaction with IQ Option. A demo trading account is also available to help Forex traders learn the ropes before switching to a real money account.

Trading Platform/ software

IQ Option runs on a top-tier trading platform which uses proprietary software to provide you with a demo account and real money account options. The trading platform provides everything that Forex traders need including historical quotes, multi-chart layout, technical and fundamental analysis. The platform is available on Apple and iOS devices, for Mac desktops, Windows desktops, and Ubuntu. All browsers are supported, including Google Chrome, Firefox and Safari. The trading platform includes Digital Options – the latest product at IQ Option. Plus, the trading app is available at the App Store, or the Google Play Store. The download can be conducted direct from the website, and it is an .EXE file which is 11.9 MB to download and install.

Deposit options

Multiple safe and secure deposit options are available to traders including Visa, Visa Electron, MasterCard, Maestro, Neteller, Skrill and WebMoney. The minimum amount per deposit is €10/$10, and trades can be opened on the platform for just €1 or $1.

Markets

Traders can enjoy 12 cryptocurrency options with 25:1 leverage at IQ Option. These include Bitcoin, Litecoin, and Ethereum. Other options include Forex, stocks, options and ETFs. The range of available assets includes the CAD/CHF, EUR/AUD, AUD/JPY, GBP/AUD, GBP/CAD, GBP/CHF, USD/CAD, EUR/CAD, CHF/JPY, AUD/USD, USD/CHF and others. There are dozens of currency pairs available for traders on the proprietary platform. Cryptocurrency is typically traded against the USD with options like BTC/USD, Bitcoin Cash, LTC/BTC, ETH/BTC, and IOT/USD among others. Popular stocks like Tesla, Amazon, Microsoft, Twitter Inc., Apple, Google, McDonalds, and Nike are available. Commodities like crude oil, gold, silver, platinum and others can be traded during market hours.

Bonuses

IQ Option runs multiple online trading tournaments where registered clients can compete for generous prize pools. These are sporadically offered, and further details are available through the platform.

Customer Support

Customer support can be reached via multiple channels including email, snail mail, FAQ, and country-specific offices. Support is available 24/7 in the following countries: Russia, Germany, UK, Austria, Brazil, Singapore, Portugal, South Africa, India, Spain, Thailand, France, Italy, Australia, Argentina, Mexico, Colombia and Chile. Payment transactions are managed by the company’s Cyprus office. The support emails include the following: [email protected] and [email protected] . Customer support responds in a timely fashion to all manner of queries including technical, banking, registration, platform, tournaments, and trading-related issues. Social media options include Facebook, Twitter, Instagram and YouTube. Traders can share details of their trading experience on the social media channels. Customer support is available in 13 languages, including Russian, Portuguese, Turkish, German, French, Spanish, English, Swedish, Italian, Indonesian, Korean and others.

Safety

Safety is paramount at IQ Option. The integrity of trader accounts is assured at all times, courtesy of SSL technology and the highest encryption protocols. Firewall protection guards against third-party interception of your personal data. This online trading platform is registered with the following details: HE324593, to IQ Option Limited in the Seychelles.

Ease of Use

Generally, Forex traders will have no problems using the platform. You will be required to register an account, and verify your details before you start trading in a demo mode or a real-money mode

Final Thoughts

As one of the leading online trading platforms, IQ Option makes it possible for Forex traders, stocks traders, commodity traders and cryptocurrency traders to ply their trade during market hours. A wealth of popular Forex options is available including major pairs, minor pairs and exotic currency pairs. The latest trading craze – cryptocurrency is available in 12 options. Overall, a quality trading platform with a range of viable options for traders.

Best Binary Options Brokers 2020:
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  • Binomo
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OPEN 100% FREE

Why invest with IQ Option?

Best Options Broker in the Industry

Up to 100% for Correct Prediction

$10 Minimum Deposit

All Trading Instruments in One Platform

Rechargeable $10.000 Demo Account

Trusted by Over 45 Million Users Worldwide

Your capital might be at risk!

45,000,000

$10,800,000

Withdrawn each Month

1,800,000

Active Traders Daily

Your capital might be at risk!

IQ Option Review

About IQ Option

Traders who are looking for a variety of instruments to trade, with a focus on binary options, can find IQ Options to be a good one and pick as their primary broker; also traders who are looking for a decent forex broker with low spreads may find this in IQ Option. The Broker provide a large number of binary options to trade, though some may find it to be a bit too focused on binaries. IQoption also known as IQ Broker provides only one trading platform which is very functional and easy to use.

The Platform is available in 178 countries with 1 800 000 active investors daily and montly withdrawn volume of more than $10 000 000, IQ Option is one of the most trusted and popular platforms in the world. They do provide also 24/7 live chat support at any time, and there have been a lot reports of possible withdrawing issues. It is easy to get started with a low minimum deposit of $10, and multiple ways to deposit funds. iqbrokers.co is quick way to register for the trading platform of iqoption. You can register trough the registration frames or the buttons in our page or by visiting the official website of iqoption here.

IQ Option Trading Instruments

IQ Option started as a binary broker only, but today, they offer a wide variety of products, including:

  • 54 binary options . These include 24 currency pair options, CFDs Telaviv-25 Index and Dubai Financial Market General Index (DFMGI), gold options, 21 stock options, 6 over-the-counter currencies.
  • 75 forex pairs . These include the most-frequently traded and most liquid pairs like EUR/USD, GBP/USD, USD/JPY, and they even offer trading the USD/TRY pair (Turkish lira).
  • 16 CFD cryptocurrencies . These include cryptocurrencies with the highest market capitalization like Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Dash, Monero, Ripple, Litecoin, and so on.
  • 15 digital options . These include 11 currency pair options and 4 over-the-counter currency pairs.

Profitability:

IQ Option is the only one broker which pay up to 100% for correct prediction.

Best Binary Options Brokers 2020:
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    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

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