IQ Option

IQ Option Review

IQ Option is a high-functioning platform that allows for a fast start for all traders, regardless of experience level. The registration form is simple and easy to use, and there is only a $10 minimum required to start trading, making IQ Option a low-cost site with a lot to offer. There is also a great incentive program for traders who can bring in users for referrals. With this site, you can trade some of the most popular assets out there. Below, we’ll discuss these assets, as well as the many different features and facets that make IQ Option a great choice. It’s no wonder they are the fastest-growing online platform!

Tradeable Assets

At IQ Option, you can trade many different assets, including commodities, currencies, indices, and stocks. There are approximately 500 different underlying assets available to traders, divided into the above four categories. Commodities such as gold and platinum, currency pairs like EUR/USD, USD/CHF, GBP/JPY, and more, and stocks and indices stretching across the globe are all assets offered by IQ Option. While these assets all have a risk, there is a chance, with them, that you can achieve major profits. IQ Option is a relatively new company, but it has already proven to have the wide range that more established companies with longevity have shown.

Account Types

One of the most interesting things about IQ Option is its variety of account types, not just for trading, but for CPA as well. There are three different account types. There is a training account, real account, and VIP account.

The training account is a demo account, which means that no actual money required to work with it. IQ gives you $1,000 in fake money to start, and you do not need to input your credit card information unless you plan to deposit your own money and upgrade into new accounts. You also can deactivate this training/demo account at any time.

IQ Option’s real account is a level up from the training account, and it does require the deposit of real money (see more information on deposit options below). You can trade over 500 assets, and the cost of opening an account is only $10. You also don’t have to deactivate your training account to open a real account; you can switch between the two to keep up your practice while also working with real money and real risk.

Last but certainly not least is the VIP account, which offers its holders a number of great perks. You get higher profitability rates, as holders have a 3% profit advantage over regular users. There are also personal managers that come with these accounts. These managers help you resolve any problems that you may have with your account. They take a hands-on approach. The VIP account also offers free entry into IQ Option tournaments. Tournaments are available to all site users, but with the VIP account, you get to enter them for free. By depositing $3,000, you can get an IQ Option VIP account. As with all of these account types, terms and conditions do apply.

Type of Broker

IQ Option is a fully-regulated CFD broker. CySec (Cypress Securities and Exchange Commission) regulates and licenses it, and their regulation number is #247/14. IQ Option values transparency and privacy, and it encrypts your data with the industry standard SSL encryption for safety and security.

Platforms

IQ Option’s award-winning IT team designed IQ with functionality and convenience in mind. IQ Option uses MetaTrader 4, a very popular software platform offered by other industry leaders in the broker business. IQ Option also has its own software for trading that is available as a full download, as well as for web and mobile use on iOS and Android phones.

Bonus

IQ Option offers bonuses for its loyal traders, such as a 100% deposit for $5,000 and a 90% deposit for $2,000. as well as a tournament in which traders are able to win prizes and make extra money. Additionally, they have a CPA program, where you can refer other traders to the site and get bonuses. IQ Option has its “Whale” programs, where, depending on your trader’s level of income, you can get a sizable bonus. The CPA affiliate program is best for traders who are also media and marketing techies.

Deposit Options

There are a variety of deposit options with IQ Option. They offer the ability to deposit using CashU, Krill, Neteller, Boleto, Fasa Pay, WebMoney, and iDeal. You can also use the traditional credit/debit cards and wire transfers if you don’t want to use one of the e-wallet options.

Withdrawal Methods

Withdrawal options with IQ Option are the same as the deposit options. There are, again, three main categories: credit/debit card, e-wallet, and wire transfers. You have to use the same method you utilized to make your deposit to make your withdrawal. The average processing time is three days, which is a short time period when compared with others in the industry.

Customer Support

IQ option has a great customer service system that is responsive to its users. They have a 24/7 phone line that is available to all customers with issues. It also has an email service and live chat.

Languages

Available languages for IQ Option include thirteen different languages. English, German, Swedish, Malay, and more are among these. IQ Option operates in 178 countries as of 2016 (up from 18 in 2014!).

Address

Silver House 19,
Spyrou Kyprianou Avenue 3070
Limassol, Cyprus

Ease of Use

IQ Option is easy to use because of its platform and advanced software. Its deposit and withdrawal options are all standard, and traders of all experience levels will be familiar with site’s layout, including how easy it is to find everything.

Why Trade at IQ Option

IQ Option is an excellent choice for all traders looking to trade in a wide range of assets, including commodities, indices, stocks, and more. Traders who value customer support and low-cost deposits to start an account will be pleased. Also, IQ Option’s unique CPA program is something rarely seen in the brokerage industry. Overall, this is an easy-to-use, yet advanced, brokerage with a lot of potential for profitability.

To see how IQ Option ranks against other industry-leading trading platforms see our comparison charts. Read our expert reviews, see our ratings and compare the best online trading platforms, features, fees, and more.