IQ Option Review
Best Binary Options Broker in 2017

IQ Option

IQ Options is a unique broker, designed for both experienced and new users interested in trading. It is scam free and well regulated and comes with over 100 trading instruments to help you get insight and make the most informed trading decisions. Furthermore, IQ Options allows users to create their own bots to make themselves more successful, making it easier for inexperienced traders to make the right choices, and more broadly, make market trading more convenient. This broker is amongst the best in the industry and has won numerous awards since its inception in 2013.

IQ Options Background

The IQ Options firm, which is regulated by CySEC, FCA, REGAFI, Consob and FMRRC has been around since 2013. It started with the goal of providing high quality, innovative trading solutions to both new and experienced traders and to accommodate traders from anywhere in the world, hence the reason why their are so many language options, including: English, Russian, Chinese, Spanish, German, Portuguese, Turkish and many, many more.

IQ Options Unique Features Review

There are several features that make IQ Options unique, but there are six in particular that you should know about.

1) $1 minimum trade size
IQ Options $1 trade size is the lowest in the industry, which is great for people who either don't have much to invest or want to test the waters with the lowest sum possible. It also encourages users to start off with a real investment rather than a play money/demo account investment. There are of course still demo accounts that are available. IQ Options version is free and gives you unlimited practise with $1000 to work with.
2) Max option price of $5000
For those big spenders that enjoy a bit of risk, IQ Option has a broker review feature.You can even choose a set of $2000-worth of trades in a row. Therefore, you have the ability to raise the stakes the way you want. This allows those that have a lot of money to work with to make larger investments, and make potentially enormous payouts.
3) Option types explained
IQ options offer trades that expire over 60 seconds, 30 minutes and 24 hours. You can actually edit the expiry duration based on your own personal style of trading. Just remember that quick deals make quick profit, but entail more risk than long term deals.
4) Trading strategy and instruments
Flexibility and experimentation make up the core for why IQ Options was created. You can use existing strategies used by other users or build your own using bots. You don’t need to know any coding language as a result. Similar to other renowned online brokers, we display various indicators like: moving averages, charts with complex drawing tools, Japanese candlesticks, RSI, Bollinger bands, etc. The bottomline here is that IQ Options is a complete package, with every type of indicator imaginable, meaing you can develop the best possible strategy. This means that it can take a little bit of time to acquaint yourself with everything, but in the long run, allows you to develop the best strategy possible. IQ Options also allows you to trade currency in pairs like USD, AUD, Yuan, NZD, RUB, CAD, EUR, GBP, and many more. You can also trade in metals as well as in companies like Facebook, Microsoft and Google. IQ Options even lets you trade indices like DAX, FTSE and many others.
Responsive image 5) Education materials
IQ Options want’s you to do well, which is why they have set up loads of educational materials including: webinars, video tutorials and ebooks amongst other things. These learning materials are centered around binary options, trading strategies, the market itself, and the best analysis methods. Every topic is easily accessible and divided into subcategories to make it easy to understand. This way you can begin your trading career like a seasoned veteran.
6) Other Features of IQ Options
One of the favourite features of users is the Top Trader Stats and Best Deals features. They give insight into the most successful traders on the platform and how they became such prolific sellers. Meaning you can implement their methods. An even better feature that is offered is the Traders choice indicator, which helps traders gauge market sentiments. This means that everyone on the platform can see the percentages of what others are trading. The platform also gives you access to charts other than the more common tick charts. This means that traders can experiment with various charts to gain market insight.

GENERAL RISK WARNING:

The financial services provided by this website 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

What’s IQ Options platform like?

IQ Options uses its own bespoke platform rather than the generic Spot option that most companies use nowadays. The IQ Options platform is easier to use and because of its responsiveness even makes it fun. The system is also so carefully crafted so that it’s nearly impossible to make the wrong investment, and the highly live charts platform easily adapts to any screen size. This means that it works on both PCs and mobile devices.

IQ Options Tournaments

IQ Options runs weekly tournaments for newbies to test their skills. You start with a balance of $10,000 and whoever has the most virtual cash by the end of the day is declared the winner. Some tournaments have guaranteed prize funds and others have re-buy options. So, if you happened to be having an off-day you can quickly get back in.

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IQ Option account types

IQ Options has 3 types of accounts:
(a) IQ Broker Real Account,
(b) IQ Option VIP Account,
(c) IQ Option Demo Account.

(a) IQ Options Real Account
This account gives you access to over 100 trading assets, so that you can tailor a strategy to suit your style. With this account you can participate in tournaments and only need a minimum deposit of $10.
(b) IQ Option VIP Account
This type of account is perfect for those with larger bank rolls. This account gives you access to all the great features in the real account but further opportunities exclusive to this account type. It also gives you a personal account manager. Moreover, you also get a monthly trading analysis from an expert and quick withdrawals, which typically take less than 24 hours.
(c) IQ Options Demo Account
The practise account gives you access to no less than 13 trading assets. You also of course get virtual money to play with.

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GENERAL RISK WARNING:

The financial services provided by this website 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

IQ Option account types

IQ Options has 3 types of accounts:
(a) IQ Broker Real Account,
(b) IQ Option VIP Account,
(c) IQ Option Demo Account.

(a) IQ Options Real Account
This account gives you access to over 100 trading assets, so that you can tailor a strategy to suit your style. With this account you can participate in tournaments and only need a minimum deposit of $10.
(b) IQ Option VIP Account
This type of account is perfect for those with larger bank rolls. This account gives you access to all the great features in the real account but further opportunities exclusive to this account type. It also gives you a personal account manager. Moreover, you also get a monthly trading analysis from an expert and quick withdrawals, which typically take less than 24 hours.
(c) IQ Options Demo Account
The practise account gives you access to no less than 13 trading assets. You also of course get virtual money to play with.

Deposits and withdrawal options and waiting periods

There are several choices for depositing and cashing out. All major credit cards are supported, though you can also use e-wallets like PayPal and Skrill. IQ Options also supports wire transfer. Any of these means of withdrawal are available, though the minimum amount is $10. The time in which it takes to receive money depends on the type of account you have. The VIP account allows for withdrawals within 24 hours, whilst the Real account usually takes up to 3 days. Also be aware that depending on the method used to cash out, there are charges between 5-10%.

Regulations

Unlike some of the more nefarious sites out there, IQ Options is regulated by CySEC and FMRRC. And is registered with REGAFI, FCA and Consob.

Conclusion

IQ Option Binary Broker is the best in its class and has earned its reputation by abiding by the highest levels of diligence. It goes without saying that IQ Option is undeniably the safest platform out there, and is perfect for people just getting into trading and those who are more experienced.

GENERAL RISK WARNING:

The financial services provided by this website 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