IQ option is one of the leading forex brokers and they have been in the market since 2013. They provide their services to clients from various parts of the globe. The company offers the most interesting features and it is highly regulated.
In detail that means:
IQ Option consists of two legal entities: IQ Option Europe Ltd. is registered in Cyprus and is regulated by CySEC, and IQ Option Ltd. which is registered in Seychelles, this entity is not regulated. IQ Option Europe Ltd. provides its services for traders from the following countries: Austria, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden, The Netherlands, United Kingdom.
Features
The company offers lots of interesting features that make it better than several other brokers out there. They use their own software. This software is different from the general software used by other brokers. The quality of service they provide is perfect and their customer support service is excellent. To start a business with a company, you need to register on their website and they demand a minimum deposit of ten dollars. The highest return that you can make with your ten dollars investment can reach ninety-one percent. The maximum exercise price they demand is five thousand dollars while the minimum is just one dollar.
The company makes available different kinds of trading instruments such as CFDs and Forex trading. Investors have confidence in the company as it is strong and regulated. They offer different trading options and the most popular amongst them are the turbo option and the binary options. They offer the most developed and highly reliable platform. Traders do not find it hard to navigate through the platform. Their services are available in multiple languages.
They make available different types of instruments as said earlier such as indices, commodities, currencies, as well as stocks. Currently, IQ options can boast of at least five hundred assets.
Furthermore, they make available demo accounts, and you can use this account from any part of the world. This would help you to demonstrate your skills and learn the system more. Apart from the desktop app, the company equally makes available a mobile app. You can just trade on the go and this means that you can easily use your tablets, smartphone, and so on to trade.
Moreover, there is an education section. This has lots of resources and information that can help anybody even novices to succeed. They also make available different kinds of trading patterns. These patterns can be useful to both experienced and new traders.
Trading accounts
The company has at least two more accounts apart from the demo account. The two accounts include the real account and the VIP account. A real account is the basic and traders are allowed a minimum deposit of just ten dollars. Moreover, you are going to have access to all their trading services, as well as their trading instruments. With this, you can select any of the assets of your choice and transact on them. The other type of account is the VIP account and this requires a deposit of at least three thousand dollars.
Deposit and withdrawal
If you want to deposit money, you are allowed different payment options to deposit the money, and they accept such payment options like credit cards, debit cards, bank wire, and various e-wallet options.
Fund withdrawal is not difficult and withdrawal can be completed within one business day, but that depends on the withdrawal method you choose. The minimum withdrawal amount is two dollars.
Customer support
The company offers unique customer support and the customer support is available in different channels, which include the web form, email support, as well as telephone and so on.
Pros
- It offers unique trading software
- They offer helpful educational resources
- The website is easy and simple to navigate
- Requires small capital to start
- It is highly regulated and safe to invest
Cons
- Trade expiration time is limited
In Conclusion
IQ Option is a trusted and reliable broker. The minimum deposit of just ten dollars makes it possible for many people to invest in their website. The broker is regulated and this means that you do not have to fear anything.
Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.