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IQ Option

IQ Option

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(1 votes, average: 5.00 out of 5)
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Company info:
Name IQ option
Website eu.iqoption.com
Regulation
Trading conditions:
Min. Deposit 50 $
Payment Methods:
Credit Card, Wire transfer
Other Features:
Accept US traders
PAMM
MT5
Mobile Trading
Web-based trading
Affiliate program
VPS
ProfitF BONUS:

IQ Option (Detailed info):

IQ Option is a brokerage firm that enables the CFD trading on various financial instruments such as forex pairs, cryptocurrencies, commodities, ETFs, indices, and stocks

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

The company is regulated by the Cyprus Securities and Exchange Commission (CySEC), license no. 247/14.

With a decade of experience in the industry, as of 2023, IQ Option boasts a clientele of thousands of traders spread across multiple European countries. Unlike many other brokers, IQ Option doesn’t offer the classic Metatrader platform — instead, it runs its own platform, with a user-friendly interface and a large selection of assets. Clients can trade on a demo or real account with a minimum deposit of €20, minimum investment of just €1, and no fees on deposits* and withdrawals. 

(*currency conversion fee might apply)

Why IQ Option?

The IQ Option trading platform has received numerous awards for its trading platform and mobile app. The platform is designed to provide comprehensive trading functionality in a user-friendly interface and is available across multiple platforms, including Windows, macOS, Android, iOS, and Web.

Traders can carry out all actions directly from the chart with the help of smart navigation. The platform provides tooltips to guide users through any confusing elements.

 

  1. An asset panel displays all ongoing deals and allows traders to add new ones from the dropdown menu.
  2. Order settings enable traders to specify investment amounts, configure trade settings, and make trading decisions based on the instrument.
  3. A user panel displays a trader’s full portfolio and trading history, market news, and a helpdesk.
  4. Technical analysis tools feature over 100 technical indicators and widgets, such as traders’ sentiment, high and low values, trades of other traders, news, and volume. It also provides chart type settings and graphical tools.

Traders can customize the platform by changing the chart layout and type, applying the necessary technical indicators, and adding widgets.

IQ Option accounts

IQ Option offers two types of accounts: Demo and Real Standard. Upon registering, users are provided with both accounts by default and can switch between them in the Traderoom.

 

IQ Option deposits and withdrawals

 

The minimum deposit amount at IQ Option is €20 or its equivalent in the account currency. VISA, Mastercard, Neteller, Skrill, PayPal, and wire transfer are all accepted payment methods. 

The minimum withdrawal amount is €2, to withdraw a smaller amount, the trader can contact support. The minimum withdrawal amount via bank transfer is €100. Withdrawals are free of charge.

Please be aware that IQ Option requires withdrawals to be made using the same bank card or e-wallet that was used to make the deposit. This is because withdrawals are processed as refunds. If a bank card was used to make a deposit, the withdrawal request must be equal to the initial investment amount, which includes deposits made within the last 90 days. For the remainder of the funds, any of the suggested withdrawal options can be chosen.

Example: If a trader deposited $100 in the last three months and wants to withdraw $500, they should request a withdrawal of $100 to the card they used for the deposit. To withdraw the remaining $400, they can choose another payment method.

IQ Option mobile trading

The IQ Option trading app is a condensed adaptation of the primary platform that allows for trading various financial products. You can download the app for free: 

Download from App Store

Download from Google Play

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

The app features the same set of indicators, widgets, and trading instruments as the main platform, providing clients with full trading functionality. With the app, one can easily deposit and withdraw funds, trade on-the-go, access customer support, watch educational videos, keep track of market news, and more.

IQ Option education

IQ Option offers its traders the following types of free educational materials:

IQ Option Affiliate Program

Anyone can enroll in the IQ Option Affiliate program and get rewarded for promoting the company’s services as a non-staff representative. 

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Affiliates can earn up to 50% Revenue Share for life and up to $165 CPA for bringing new active traders to the platform. On top of that, they can become super-affiliates and earn an extra 5% of their sub-affiliates’ profits.

IQ Option Support

The IQ Option Support team operates round-the-clock in 17 languages. Live chat resolves queries within 1 minute. Alternatively, users can reach out to support via email at support@eu.iqoption.com or phone (contacts are available on the IQ Option official website).

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Final word

IQ Option’s standout features include a proprietary trading platform with a user-friendly interface, extensive functionality, a diverse selection of assets, and an accessible entry point with a free Demo account, a minimum deposit of just €20, and a selection of well-known payment methods for swift deposits. In combination with its high-quality service and positive reputation, IQ Option might be a destination for those seeking investment opportunities.

RISK WARNING:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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