IQ Broker Review & User-Ratings

What Is IQ Broker? – Facts About The Company

IQ Option official webpage

The broker named IQ Option is one of the most known leading brokers in the trading industry. It was founded in 2013 which allows its traders to trade various financial instruments which include binary options, stocks, forex, ETFs, commodities, and cryptocurrency. IQ broker is operated by IQ Option LTD and has more than 48,000,000 registered users and over 1,000,000 transactions per day. It is a global broker that accepts traders from over 213 countries in the world and has over 500 markets.

Facts about IQ Broker:

  • One of the leading brokers in the trading industry
  • Founded in 2013
  • Over 500 markets
  • Offers to trade binary options, stocks, forex, ETFs, commodities, and cryptocurrency
  • Available in more than 213 countries in the world
  • Global broker

Safety and Regulation

Regulation if very important in choosing a broker. With this regulation, it will assure you that the broker you are investing with is legit, worth of your investments, and trust. IQ Option is regulated by the Cyprus Securities and Exchange Commission (CySEC).  IQOPTION EUROPE LTD. holds License No. 247/14, issued by the CySEC and it is based in Cyprus. Also, it is EEA-Authorized (European Economic Area) which allows the firm to offer certain products and services to other countries.

Regulated by CySEC

In addition, IQ Option’s regulation is in the register of the Financial Conduct Authority (FCA). FCA regulates financial companies providing services to consumers and maintains the integrity of the UK’s financial markets. It is a financial regulatory body in the United Kingdom, which operates independently of the UK government, and is financed by charging fees to members of the financial services industry.

Regulated by the following:

  • Cyprus Securities and Exchange Commission (CySEC)

Financial Security

One of the reasons a trader chooses a specific broker is its offer for securing the trader’s investments. IQ Option segregates clients’ funds from its company’s fund, assuring the customer that their investments will not be used and is off-limits for the broker’s business.

Also, it is monitored thoroughly on a regular basis for its safety. In addition, since IQ Option is a member of the Investor Compensation Fund (ICF), it means that the clients of this broker have a protection, that secures its clients’ claims in the event when brokers are not capable of fulfilling their financial obligations.

Summary of safey and security:

  • Regulated and legit broker
  • Member of ICF (Investor Compensation Fund)
  • Offers client protection program (Funds protection up to 20,000€)
  • Segregates clients funds from company funds
  • Secure and safe broker

Review of Trading conditions

IQ Option traders can choose from various financial instruments to trade. This includes binary options, stocks, forex, ETFs, commodities, and cryptocurrency. Plus there are over 500 different markets to trade on the platform. The trading platform of this broker is advanced and available in any device. It is one of the best-programmed software for traders and is very user-friendly.

The platform of IQ Option is highly customizable, including its tools and indicators. IQ Option offers its traders a free demo account with ready to use virtual funds. This demo account is unlimited, isn’t that amazing? Plus the customer support is available in different languages and operates 24/7. We recommend this broker not just because of its trading conditions for its customers, but also for its brilliant products and services.

Trading Conditions with IQ Option

What Platforms does IQ Broker Offer

IQ Option broker offers an incredible platform for its traders. This platform is available on any device. Basically, you can access the platform through your computer, tablet, phone, etc. IQ Option has put so much effort into this platform in order to suit any type of trader. It is easy to use and is highly customizable. Its indicators and tools are free, plus you can customize it according to your preference.

You can view multiple charts at once and IQ Option value its transparency to its customer, so this means even in their platform, you are able to see the trading fees and the company’s conditions.

IQ Option Web Trading Platform

Also, mobile trading is possible with IQ Option. With this functionality, you can definitely trade wherever you are and whenever you want as long as connected to the internet. We can say that the IQ Option’s platform is well-thought-of and has one of the best software functionality in the trading industry.

Facts about IQ Broker’s Platform:

  • Available in any type of device
  • User-friendly and innovative
  • Customizable platform and has the multi-charting capability
  • Has free tools and indicators
  • Mobile trading is possible
  • Has integrated support (including chat)
  • Transparent trading fees

How to trade with IQ Broker

Before going live in trading, we would need to register an account and make a deposit. With IQ Option, it takes only a few steps to be able to trade live. First, you need to register an account by filling up the details needed in the registration form from IQ Option’s official website. Once you finished the registration, it will direct you to the platform and it will give you access to it.

Afterward, you can go ahead and verify your identity and email address to fully authenticate the account. The demo account has free virtual funds, however, if you want to trade live, you would need to deposit real money on the account. The minimum requirement of IQ Option for deposit is $10. once you have done your deposit, you can go ahead and start trading.

Step by step process in trading with IQ Option:

  1. Register an account
  2. Access the platform
  3. Verify your account email address (verify your identity and address)
  4. Start trading

IQ Broker free demo account

The free demo account of IQ Option has virtual funds of $10,000.00. This is good due to the fact that the aim of a demo account t is for you to practice and enhance your trading skills and strategies, without having to risk real money. We highly recommend you to use a demo account first before going live. This is due to the fact that trading requires a high risk of money and investments. It is best if you familiarize yourself first with the broker’s trading platform so that you’d be more comfortable in executing your trading styles and strategies without risking real funds.

Register an account with IQ Broker

It is easy to register an account with IQ Option. All you need to do is to go to the official webpage of IQ Option (https://eu.iqoption.com/) and fill-up the form on the ‘SignUp’ page. You can also open an account using your existing googlemail account or Facebook account.

Register an account with IQ Option

Account types offered by IQ Broker

IQ Option offers three types of accounts: Demo Account, Real/Live Account, and VIP Account. The Demo Account is obviously free. This account is recommended to any type of trader that would like to practice their trading strategies and skills without having to risk real funds (money). The demo account has ready virtual funds of $10,000.00 that you can use in your trading executions.

On the other hand, the Real/Live Account requires real funds in order to function. The minimum deposit of IQ Option’s real/live account is $10. The last account is the VIP Account which is suitable for professionals. This account requires certain criteria in order for the trader to be eligible. The VIP account requires at least $3,000 deposit or more.

Acount types:

  • Free Demo Account
  • Live Account (Min. Deposit Requirement: $10)
  • VIP account (Deposit for $3,000 deposit or more)

Review of deposit and withdrawal

IQ Option offers various options for customers to deposit and withdraw funds. The required minimum deposit of IQ Broker is $10. On the other hand, the minimum amount for withdrawal depends on what type of payment method you’d be using. You can choose between classic payment options or electronic methods.

When you choose electronic methods for deposit, usually the funds are processed faster and instantly. The processing time for both deposit and withdrawal of funds depends on what type of method you’d choose or prefer. You can choose from Credit Cards, Neteller, Skrill, Online Banking, Bitcoin, or classic bank transfer.

Please see more detailed information about the deposit and withdrawal methods below:

Deposit details:

Visa / Mastercard – Min.Deposit Amount: $10 | 0 % commission | Processing Time: Instant

Sofort / Klarna – $10 | 0% commission | Processing Time: 1 – 5 minutes

Skrill – Min.Deposit Amount: $10 | 0 % commission | Processing Time: Instant

PayPal – Min.Deposit Amount: $10 | 0 % commission | Processing Time: Instant

Giropay – Min.Deposit Amount: $10 | 0 % commission | Processing Time: 5 – 15 minutes

Neteller – Min.Deposit Amount: $10 | 0 % commission | Processing Time: Instant

Bank Transfer – Min.Deposit Amount: $10 | 0 % commission | Processing Time: 3 – 5 business days

Withdrawal details:

Bank transfer – Min. Withdrawal Amount: $10 | $31 commission | Processing Time: 1 – 3 business days

Neteller – Min. Withdrawal Amount: $2 | $0 commission

PayPal – Min. Withdrawal Amount: $2 | $0 commission | Processing Time: 1 – 3 business days

Visa/MasterCard – Min. Withdrawal Amount: $2 | $0 commission | Processing Time: Instant

Skrill – Min. Withdrawal Amount: $10 | $0 commission | Processing Time:  – 3 business days

Webmoney – Min. Withdrawal Amount: $10 | $0 commission | Processing Time: 1 – 3 business days

Webmoney – Min. Withdrawal Amount: $10 | $0 commission | Processing Time: 1 – 3 business days

Facts about deposit and withdrawal with IQ Broker:

  • No minimum amount for withdrawal
  • Various payment methods available
  • The minimum deposit is $10 (VIP account is $,3000)
  • Fast and convenient payment options
  • IQ Option (broker) doesn’t charge any fees (however, fees may apply for manual bank wire)

Support and service of IQ Broker

IQ Option is a known broker that values its customers by providing good products and services. IQ Option customer support is available in different languages. It operates 24 hours a day, 7 days a week. The support is available through phone, email, and chat. There are over 200 educational videos that you’ll find helpful and free trading tutorials for beginners.

Country:Telephone #:
United Kingdom+44 20 8068 0760 (London toll rate)
+44 80 0069 8644
Portugal+351 882 880 034 (Toll-free)
+351 308 807 766 (National)
Spain+34 90 086 16 12 (Toll-free)
+34 91 123 87 48 (Madrid toll rate)
Support country and its corresponding contact numbers

You’ll also find articles of market information to each asset you want to trade and it has news calendar about stocks, forex, cryptocurrencies, etc. Plus the VIP accounts have its own account support manager. The customer support agents are approachable, professional, and definitely helpful. We can say that the IQ Option’s customer support is good and the services offered y this broker is amazing.

Facts about IQ Option Support:

  • Multilingual 24/7 customer support
  • Phone, Email, and Chat Support
  • Offers 200+ educational videos
  • VIP Account Managers ready to assist
  • Market news available

Accepted and forbidden countries by IQ Broker

IQ Options is a global broker and is an international company. However, for some regulations, there are products that are not available for some traders from specific countries. IQ Broker accepts clients from Asia, Africa, Europe. The most popular countries are Indonesia, Thailand, Germany, France, South Africa, India, China, United Kingdom, and many more. However, traders from Australia, Belgium, Canada, Iran, Israel, Japan, Latvia, North Korea, Palestine, Russia, South Sudan, Syria, and the USA are not able to trade with this broker.

Conclusion

IQ Option is one of the leading trading brokers in the trading industry. It is a reliable and legit broker. IQ Options is regulated by a European regulator CySEC and operates legitimately. Its trading platform is one of the highlights of the company, not just because it’s one of the best for online trading, but also because of its best features and security. The platform is well-thought-of and suits any type of trader. Plus it can be accessed in any type of device.

Assets like Binary Options, Digital Options, Forex, CFDs, Cryptocurrencies, Stocks, and many more are available with IQ Option. There are also over tradeable 500 markets to choose from. The trading conditions are also good and definitely gives you the advantage to trade with one of the best brokers in the trading industry. The free demo account is unlimited and has ready to use virtual funds. The customer support is good and is multilingual. Overall we can say that IQ Option is a good broker and is worth the shot.

Advantages:

  • Global broker and international company
  • Available assets like Binary Options, Digital Options, Forex, CFDs, Cryptocurrencies, Stocks, etc.
  • Regulated and authorized
  • Multilanguage support (24/7)
  • Offers free educational materials and trading tutorials
  • Professional customer support
  • Offers various payment options (deposit and withdrawal)
  • Free and unlimited demo account
  • Reliable trading platform
  • Over 500 markets
  • The minimum deposit is $10 and the minimum trade amount is $1

Disadvantages:

  • Don’t accept traders from Australia, Belgium, Canada, Iran, Israel, Japan, Latvia, North Korea, Palestine, Russia, South Sudan, Syria, and the USA

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