|Account Types||Demo Account, Low Value or Micro Account, Standard Accounts,|
|Customer Support||Multi Language Phone Support, Multi Language Live Chat, Multi Language Email Support,|
Record as the most trustworthy brokerage in 2017 & 2018, IQ Option has become an infamous exchange available to American and European clientele. Multiple components combine to create an exceptional exchange, which dominates over competing brokerages in the United Kingdom to the United States. Registrants obtain access to ETFs, Binary Options, Cryptocurrencies, Forex Trading, Indices, Digital Options, and Stocks. IQ Option became open to public investors by 2013. Nobody anticipated they’d grow to 48+ thousand clientele by 2020. New registrants joining this clientele base can access these trading products on Windows, Mac, iOS, and Android.
IQ Option Europe Limited initially became operation in the United Kingdom. Unexpected growth prompted them to enter the European and American markets, with their respective services being limited over the last several years. Updated legislation has forced CySEC, the governing entity behind IQ Option, to update their maximum leverage. Investments can exceed the personal leverage of 1:30 to 1:20 with specific permissions, which are rarely approved.
Under the latest rendition of regulation, IQ Option manages 90+ tradable assets for investors. It should be mentioned that reports from previously registered investors indicate that the profits earned are dependent on the product selected. Some trading opportunities won’t payout at expected valuations, meaning that there could be unidentifiable systems intruding onto the investment capabilities of traders. Validity behind these statements from former traders with IQ Options hasn’t been confirmed or denied.
Licensing and Regulation
The Cyprus Securities & Exchange Commission licensed IQ Options, enabling significant growth for this brand. An operational license wasn’t obtained until six months after IQO became a functional exchange in 2013. Once this occurred an influx of clientele registered accounts, knowing that demanding legislation governed over how this exchange can engage with customers. Demands include guarantying the protection of consumer funds through central banks, providing educational services for problem investors, and having multiple security protocols to ensure the exchange isn’t attacked. Since obtaining their license, there hasn’t been a single infraction, indicating the reliability of IQ Options.
It should be mentioned that the Cyprus Securities & Exchange Commission implements a thorough Withdrawing Process. CySEC must review the viability of those awarded funds. This follows after an influx of illegal funds were being used on exchange across the United Kingdom, and the European Union. Attacks applied towards these brokerages began being taken seriously. Everyone became a target for review before approval & is something all investors must accept with IQ Options.
IQ Options are one of the few exchanges that can claim they launched with a mobile platform. Most brokerages have exceeded their expiration dates, refusing to surpass the torch to innovative young adults. This wasn’t the case with IQ Options. They recognized that offering tradable assets through iOS and Android would allow significant growth behind their brand. IQ Options recommends that investors engage with the Google Chrome & Apple Safari web browsers, with their capabilities resembling desktop counterparts. It should be mentioned that limitations aren’t placed onto the IQ Options Exchange for Windows and Mac, with all financial service updates being made across all variations of this platform.
Investors requiring a permanent version of IQ Option on their mobile handset can download their application. It’s available on the Google Marketplace and Apple Store, requiring no associated cost to download.
Brand & Functionality
Modernized exchanges aren’t easily located, with the overwhelming majority supported outdated layouts and functionality features. That’s avoided when selecting IQ Options. The desktop variation supports a mobile design, providing a menu that traverses investors through the various services available. The menu is broken into four categories that include Trade, For Traders, and About Us. Investors can locate the Forex Options and Stock Options by reviewing this menu.
Long-term assessments of IQ Options reveals it’s perfect for dedicated clientele wanting a unique brand. Functionality support for newcomer registrants extends towards educational programs. Mastering the art of Forex Trading, CFDs, ETFs, and Indices is considerably less challenging when reviewing these educational services. Its recommended investors implement the instructional strategy before making their first investment. There isn’t just reading material for investors to educate themselves, with video tutorials also being supported. These combined attributes create a brand known for its functionality.
Selecting “Sign Up” with IQ Option will initiate the three stages of registration. The 1st stage requests necessary information from the clientele. This includes their Age, Government Name, Identifiable Sex, and Home Nation. The 2nd stage becomes more invasive with IQ Options requesting banking information from clients for approval requirements. The 3rd stage will then request photographic identification be provided. IQ Options makes these requests to avoid any possibility of fraud, which was active against the blockchain industry for 4+ years. It should be noted that providing falsified information will prompt the immediate decline of your account, with law enforcement possibility being contacted depending on the information faked.
Verification is an integral part of registration. It allows account holders to move past the option of witnessing IQ Options available products, to being permitted to deposit & invest with those financial services. Minimum deposits are listed at $10.00, with the maximum valuation not listen. The larger the capital available to investors means the better opportunity to sustain notable profits. That’s why it’s recommended to deposit $100.00 or more to have a serious chance at initiating payouts. Reputability for IQ Options is essential to their company mission statement, which is to provide reliable services in all avenues of their exchange. That’s why four payment options are permitted, with that number previously being higher but lowered after discrepancies were found. The available options include MasterCard, Visa, PerfectMoney, and AdvCash.
The financial services available defines an online exchange, with IQ Options supporting one of the highest-rated. There are 170+ Stocks listed for CFDs at the minimum investment of $1.00. There aren’t initial fees to acquiring these contracts, and leverages are maximized at 1:20. Some of the available stocks to investors include Amazon, Tesla, Apple, Boeing, and Samsung. Product availability extends towards Forex Trading with global currency pairings like the USD/CAD. This extends towards the GPB/USD, EUR/AUD, USD/JPY, AUD/USD, USD/CHF, and USD/NZD. In total, there are 50 Forex Pairings available to investors with competitive spreads.
Exchange-Traded Funds are supported with IQ Options, allowing for a maximum of twenty-five to investors. These available 25 ETFs are altered between multiple assets, combining their various pairings into a single currency basket. Similar measures are enforced with the Cryptocurrency Contract-for-Differences. 27 Cryptocurrencies are available with IQ Options and occasionally combined into one basket, with analysts recommending investing with a single coin instead of multiple. Those available cryptocurrencies include Tron, Ripple, Neo, Bitcoin, Ethereum, Zcash, Litecoin, Binance Coin, Cosmos, Stellar, Bitcoin Cash, Dash, EOS, and Iota.
Locating the available commodities with IP Options, five contracts can be initiated. Those apply towards Crude Oil WTI, Platinum, Gold, Silver, and Crude Oil Brent. Investors are recommended to trade with Metal Commodities for two fiscal years, which follows after the COVID-19 pandemic created significant fluctuations with Oil Commodities.
The last financial products supported with IQ Options include their Binary and Digital Options. The 1st provides investors with fixed returns on financial instruments over a predetermined expiration period. Digital Options are considerably different, with this service allowing consumers to speculate on the price movements with specific assets. Payouts can be upwards of 900%, with it being challenging to predict changes in the market accurately.
Low Latency Networks are active with IQ Options. These network systems are required from any brokerage with a sustainable consumer base, as it provides faster capabilities when executing trades. Investments with an array of CFDs are implemented in milliseconds, which is a significant improvement over former wait times seen in the digital market space. It’s a technology that’s been similarly adopted by most brokerages to mobile investing.
Depositing with IQ Options isn’t possible until verification is approved. However, there’s another step that is required from CySEC before IQ Options can accept new clientele. New registrants must hand over details information to prove they’re identified. This limits the chances of fraud, with IQ Options able to enforce punishment with their proof-of-identity. Required information from new registrants includes their Driver’s License, a recent Bank Statement, and Deposit Form from your bank account. By completing this process, deposits are permitted. Withdrawals can immediately be accessed without any additional complications as well.
An extensive team of ninety support specialists work with IQ Options, providing clientele with insightful solutions towards their inquiries. Access to these support specialists is permitted to thirteen nations worldwide. Those comprise of Colombia, South Africa, Thailand, Singapore, Indica, Brazil, Portugal, Mexico, Australia, Argentina, Spain, Chile, and the United Kingdom. It’ll take an average of fourteen minutes for support representatives to return emails to investors. Wait times through the hotline number is limited to ten minutes, which accounts for the holding period. There’s an available Frequently Asked Questions Page available to investors requiring an immediate answer. You can find answers to how their multipliers work, or how to invest with CFD Instruments.
Registering an account with IQ Options is best suited for investors wanting a professional & reliable exchange. Their available services reached beyond expectations as a proprietary platform. Available with this platform is a magnitude of trading tools to assist clientele. Those include Moving Averages, Bollinger Bands, and Alligators. By mastering these trading tools, investors will find themselves obtaining profits on 95% of their contracts. It’s for all these attributes and more that IQ Options receives a 5/5 rating.