IQoption is one of the most popular binary options brokers with a great reputation in the industry. IQoption has the lowest first deposit requirement and lots of unique features.
- Minimum Deposit: $10
- Average Payout: 85%
- Cysec Regulated Broker
Top Rated Broker
- Web site
- Online since
- – Traders’ Choice
- – Great Support Team
- – Many Payment Methods
- – US Traders not accepted
IQ Option is a relatively new binary options broker based in London and founded in 2012. IQ Option is regulated by CySEC and the license number is 247/14. It operates two branches in Cyprus. It provides transparent real time quotes for traders.
It has a client base of over 500,000 people around the world. IQ Option has received several awards in the past years including Most Reliable Binary Option Broker (2014), Most Innovative Binary Option Broker (2013) and Best Binary Options Broker in Affiliate Programs.
IQ Option offers a web based browser that can be accessed from any part of the world without having to install a software. IQ Option also has a mobile app which supports iOS and Android phones. The mobile trading platform features 24/7 trading. The intuitive interface on the mobile trading platform lets you access all the important features at your fingertips. You will be able to perform deposits and withdrawals via the mobile trading platform on the phone. The turbo option allows traders to close positions in 60 seconds.
Traders will have access to a wide variety of assets. IQ Option covers many popular companies around the world such as Amazon, Facebook, Nasdaq, Yandex, ALIBABA, Luxottica Group and etc. Traders will feel safer when trading with companies they are familiar with. It offers a high returns of up to 85%. IQ Option also offers a cash back protection of up to 60% for traders. The intuitive user interface on the trading platform allows you to follow all the important charts without having to use a different monitor. There are lots of free tools that you can use to improve your chances of making a profit.
IQ Option offers several types of options including high/low, one touch and short term options. The high/low options allows you to earn a profit every time you make a correct prediction on whether the price will increase of decrease. You can place Call if you think the price will increase higher than the current price. You can place Put if you think the price will fall below the current price. The short term options range from 1 minute to 45 minutes.
Opening a New Account
You can register for a new account by clicking on the Open Real Account button on the right. After that, they will send a verification email to your email address. You can follow the login instruction in the email to login into your account and deposit the funds. It only takes about 3 minutes to sign up for an account at IQ Option. The minimum deposit requirement is only $10. The minimum trade size is $1 per deal.
IQ Option is offering a free demo account for traders who are interested in testing the platform’s features. The demo account is pre-loaded with an initial deposit amount of $1,000. The demo account comes with all trading platform features without requiring you to provide your credit card details or telephone number. The customer support will be happy to assist you in case you don’t understand the features in the demo account. The only limitation in the demo account is that there are lesser assets.
You can deposit and withdraw funds from your account through a variety of methods including credit card, debit card, QIWI, Skrill, Webmoney and wire transfer. It takes about 3 business day for them to process your withdrawal requests. You can deposit or withdraw the funds in your local currencies. Each trader can only trade in one currency. You will have to make a decision on the currency you want to use in your account during account registration as you won’t be able to change it afterwards.
IQ Option offers an interactive educational resources to educate beginner traders. The free interactive training teaches beginners about the different strategies in binary trading. The interactive educational course cover more than 10 strategies that will improve your options trading skill. The video tutorials will help beginner traders to read the charts and perform analysis. You will have to open an account with IQ Option before you can access the video tutorials. The video tutorials provide helpful tips on how to read the charts and understand the indicators.
IQ Option is equipped with a team of customer support staff that will promptly handle customers’ queries. IQ Option’s customer support is available through email and telephone. You can submit your queries through the online contact form. The customer support team is knowledgeable about the latest trends in the market. They can give advice to traders about how to generate profits at all times in options trading. You can receive answers from the customer support department in your native language. IQ Option supports a number of international language including Spanish and Italy.
In conclusion, IQ Option is a professional binary broker that offers lots of training materials to help newbie traders. It is offering100% trading bonuses for a limited time period.