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Minimum Deposit

$10 ?

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IQ Option REVIEW

Binary Options Brokers

USER SATISFACTION 99% ?
OUR SCORE 8.5 ?
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financesonline.com

Trading Platform IQ Option

IQ Option’s trading platform differs from most generic platforms. Asset selection is done using a tab system placed on top of the price chart. A drop-down list placed on the right side of the tabs offers more assets.

There are action buttons for the option types (Call/Put) you want to buy. IQ Option offers predefined amounts such as $10, $20, etc. that you can choose. Alternatively, you can also key in the amount in the amount box. The personal cabinet section shows your banking transactions and trading history. It also hosts the customer support option. The trading platform also supports mobile trading with iOS and Android apps.

The special feature is you can make several trades on the same chart. This option is useful when employing trading strategies like “Fence” as you can easily view your purchases against the highs and lows of the underlying asset.

The minimum deposit amount is just $10 and the minimum amount needed to invest in a single option is just $1. The minimum withdrawal amount is $10. You can withdraw your earnings within three business days. IQ Option does not take any commissions on your transactions. However, commissions can be taken by the payment aggregator or payment systems. IQ Option offers a full range of financial instruments including equities, indices, commodities, and currency pairs freely traded on world and national exchanges and markets.

IQ Option in also one of binary options brokers that provide a top quality mobile app for binary option trading. It’s currently considered the best app of this type in as much as 28 countries, including Germany, UK, Russia, France and Italy.

Pros

  • Free demo account
  • Excellent returns
  • Low minimum deposit
  • Intuitive trading platform
  • Wide range of assets to trade with
  • High bonuses
  • Good prizes offered in trading competitions

Cons

  • Limited trading tools
  • Limited number of trading contracts


Platform type:
In-house
Platform Languages:
English, Spanish, Russian, Chinese, Arabic
OS Compatibility:
Mac OS, Windows, Android
Streaming News Feed:
No
Email Alerts:
Yes
Mobile Alerts:
Yes

Company information IQ Option

Located in:
Cyprus
Website:
https://financesonline.com/see/iqoption/
Founded in:
2013
Accepts US Clients:
No
Phone number:
74956680633
Email:
support@iqoption.com

Account Options IQ Option

Commission:
Minimum Deposit:
$10
Payouts Percentage:
92%
Deposit Options:
Webmoney, PayPal, Credit Card, Bank Wire Transfer, Skrill, Neteller
Withdrawal Options:
Webmoney
Payout Ratios:
Returns can go as high as 92%.

Available Assets IQ Option

Oil, Gold, Indices, Stocks, Commodities

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE NO.
  • TICKETS

Customer Support Languages:
English, Spanish, Russian
Customer Service Hours:
IQ Option offers customer support from 9:00 AM to 11:00 PM
Place Trades Over the Phone?:
No

IQ Option Trade types

You can choose between the classic High/Low binaries and the faster Turbo trade feature.

IQ Option Trading accounts

IQ Option offers a free demo account and two types of trading accounts:

Real: Minimum deposit is $10

  • Bonuses up to 80% on each deposit
  • Up to 45% return in case of a wrong prediction
  • Over 70 assets

VIP: Minimum deposit is $1000

  • Bonuses up to 100% on each deposit
  • Up to 60% return in case of a wrong prediction
  • Over 70 assets

IQ Option Position In Our Categories

Position of IQ Option in our main categories:

3

IQ Option is one of the top 3 Binary Options Brokers products


It's essential to keep in mind that almost no service in the Binary Options Brokers category will be an ideal solution able to meet all the goals of various investors. It may be a good idea to read a few IQ Option reviews first as specific solutions can actually perform well just in a specific geography or situation or be prepared with a very specific customer in mind. Others can work with a goal of being simple and intuitive and consequently lack complicated features desired by more experienced users. There are also services that focus on a broad group of users and offer a rich feature base, but this in most cases comes at a higher price of such a solution. Make sure you're aware of your requirements so that you choose a service that offers all the features you search for.

User Satisfaction

We realize that when you make a decision to buy Binary Options Brokers it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and IQ Option reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with IQ Option. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

135

NEGATIVE SOCIAL MENTIONS

1

What Bonus Does IQ Option Offer?

No Deposit Bonus:
No
Bonus for First Deposit:
No
Is the Bonus Based on
the Volume of the Transaction?:

No
Other Bonuses:
No

IQ Option offers bonuses up to 80% on each deposit for its Real trading account and bonuses up to 100% on each deposit for its VIP trading account. The advantage is the minimum deposit required is low for both accounts. It is just $10 for the Real account and just $1,000 for the premium VIP trading account. Very few brokers offer bonuses for such low minimum deposits.

Reliability of IQ Option?

IQ Option has invested in producing its own proprietary trading platform which shows it is keen on providing high quality service. The platform works smoothly and you can execute trades in microseconds without errors. IQ Option provides excellent customer support in multiple languages through multiple channels of communication. It uses proven methods of funding and withdrawal. Plus, this broker is regulated by the Cyprus Securities and Exchange Commission (CySEC). All these points show IQ Option is reliable and here to stay.

User reviews


5 Reviews

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The most favorable review

Timothy Grimes

10 months ago


It seems legitimacy has plagued the industry with so many reports of fraudulent instances involving fake binary options brokers. And I’ve seen many review sites branding IQ Option as a scam. But based on my experience with the company, I consider IQ Option as one of the more open, transparent, and notable brokers I have dealt with. They wouldn’t be bragging about their numerous awards and displaying them in its website if they weren’t true.If recognitions and honors were to be the sole basis for being legit, then IQ Option is a runaway winner. But then the company offers so much more than the awards it has racked up. Its platform features and service has made it a preferred choice by millions, including this humble trader.

The least favorable review

Timothy Grimes

10 months ago


It seems legitimacy has plagued the industry with so many reports of fraudulent instances involving fake binary options brokers. And I’ve seen many review sites branding IQ Option as a scam. But based on my experience with the company, I consider IQ Option as one of the more open, transparent, and notable brokers I have dealt with. They wouldn’t be bragging about their numerous awards and displaying them in its website if they weren’t true.If recognitions and honors were to be the sole basis for being legit, then IQ Option is a runaway winner. But then the company offers so much more than the awards it has racked up. Its platform features and service has made it a preferred choice by millions, including this humble trader.

Timothy Grimes

Published 10 months ago

It seems legitimacy has plagued the industry with so many reports of fraudulent instances involving fake binary options brokers. And I’ve seen many review sites branding IQ Option as a scam. But based on my experience with the company, I consider IQ Option as one of the more open, transparent, and notable brokers I have dealt with. They wouldn’t be bragging about their numerous awards and displaying them in its website if they weren’t true.

If recognitions and honors were to be the sole basis for being legit, then IQ Option is a runaway winner. But then the company offers so much more than the awards it has racked up. Its platform features and service has made it a preferred choice by millions, including this humble trader.


What do you think about this review? Great Poor

Norman Winston

Published 11 months ago

IQ Option is as legit as it can be. Although I’ve read reports about some traders not being able to withdraw their winnings, or having difficulties transferring their winnings to their bank accounts. Of course I have no way of verifying those. In my more than a year of using IQ Option I have not encountered problems such as those and have easily withdrawn my accumulated winnings over time. Of the problems I’ve read from users, most involved investments of over a thousand dollars. There’s nothing wrong with investing big money. But as pointed out earlier, binary option is high risk trading and, as any trader knows, you are bound to be successful all the time. Which means, if you invest big you lose big when you do not get the right “high-low” option.

Just a word of advice from someone who has generally been successful at binary option trading – trade in smaller amounts. IQ Options allows minimum deposit of $10 and minimum investment of $1, so go for more manageable trade. Many traders I know want to hit it big quick, especially since IQ Option gives big payout – from 65% to 90% on average and maximum investment limit of up to $5,000. But since the only option is you make it and you don’t, trading in smaller amount is a shrewd and more practical investment move, and wouldn’t result in massive losses if you went on a losing streak. Another thing, make more regular and smaller withdrawals. Do not wait for your winnings to accumulate to the thousand dollar level and beyond before you have them withdrawn. IQ Option is not your savings bank; it is your means for investing and earning more, if you’re lucky and wise.


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Gwen Byers

Published 11 months ago

Speaking of the IQ Option trading platform, I have to say it’s one of the best I’ve used. The developers really put extra effort in making it as simple but as flexible and robust as possible, covering everything you need from multi-chart layout to historical quotes to technical analysis and more. It makes it easy even for first timers to use since it adheres to the known high-low trading concept, giving you regular and turbo (short, fast-term) options. And since IQ Option offers lots of assets to trade on, you get a wide range of selections and greater flexibility in trading.

Aside from having trading interfaces for Windows, and Linux OS, the trading platform provides advanced charting options, customizable trading dashboard, and an array of trading tools to optimize the use of available resources and guide you towards a successful investment. Using the IQ Option trading platform feels like your interfacing with an enterprise-grade application which it truly is. The good thing is that the user experience is not only confined to desktop but also to mobile with dedicated apps for Android and iOS devices. You can undertake mobile trading using your smartphone and tablets via their web browser and still have full features and functions like those on desktop. This, I think, is in support and recognition that investments and trading can be done anytime and anywhere, unlimited by geographies, boundaries and time zones. I give IQ Option double thumbs up for this.

1 person thinks this review is helpful


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Emma Santiago

Published 11 months ago

Every serious trader and investor knows that binary option is a “take all, lose all” proposition, hence it is a high risk investment and you will not always win. But even with that, binary option as grown through the years because of the good returns whenever you make it. And with its increased popularity came the proliferation of fraud. With so many people putting in their money in binary trading hoping to strike it big, many unscrupulous brokers have sprouted to take advantage of unsuspecting investors. This is why it is of vital importance that you get a broker who is transparent, licensed and regulated.

While there are many truly genuine binary option brokers, there could be as many or even more fly-by-night investment services ready to scam you out of your money. Among the leading, reputable brokers, I believe IQ Option fits the profile of legitimacy for the following reasons:

It is regulated. IQ Option is based in Cyprus which is part of the EU and follows policies laid down by the EU Markets in Financial Instruments Derivatives (MiFID), hence all financial and trading companies are regulated by the Cyprus Securities and Exchange Commission (CySEC). IQ Option is licensed by the CySEC — License No. 247/14 – and is authorized and/or registered by more than half a dozen government bodies, institutions, and industry associations. It even has satellite offices in various parts of the world.

It discloses company figures. The company is transparent with its corporate information and figures. IQ Option is owned by IQ OPTION Company Group and is officially known as IQ Option Europe. It was launched in 2013 and in a period of just 3 years was estimated to have serviced more than 14 million live accounts operating from its online platform. As of 2016, it was transacting close to $ 11 billion volumes per month on the average, processing over 3 million orders per day.

It has a modern, user-friendly platform. Probably one of the reasons why IQ Option’s trading platform is such a hit with users is because of its modern and convenient design/UI developed by analysts, traders and IT specialists. The platform is built to cater to both professional traders and beginners in binary options trading whether it in forex currency pairs, stocks, commodities, and indices.

There are many other reasons, but the three I mentioned above are sufficient to establish IQ Option as totally legit, or else there wouldn’t be that many investors numbering in the millions trading with it.


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Milos Gardener

Published 11 months ago

I have come across a quote by Dmitriy Zaretsky, general manager of IQ Option Europe LTD, and I’d like to share it here:

“We want to develop IQ Option as a tool not only for high-risk trading but also to give the opportunity to invest with less risk, to bet on long-term trends. We will introduce a kind of social media trading. We will allow traders to communicate with each other, and we will even pay our users just for the popularity of their accounts.”

My observation is that the company is all out in helping traders be more successful in the binary options front, which is a great development, coming from the words of the GM himself. It’s sort of an assurance for us traders that IQ Option is focused on assisting us with our investment, and introducing an open atmosphere as well as a sense of community with like-minded investors. Not every binary options broker can boast of such commitment to its members/traders, even thinking of new ways for IQ Options to facilitate successful trading with less risk and more chances of making it. I can cite the demo trading feature of IQ Option to help budding traders learn the ropes without losing money as one of their noteworthy commitments to their traders. Overall, the direction and emphasis on service is probably why IQ Option is always on the radar of binary option traders such as yours truly.


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