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IQ Option is one of the most popular names in the binary options industry. It is a binary brokerage that has been operating for four years now. There are still a lot of people interested in how its legitimacy status goes.
Novices to the binary industry also turn to IQOption with the hope that it is a legitimate broker. But is it truly or is it a scam? Can IQ Option offer something more than the competition and stand out as a reliable broker? My detailed review below provides you with a first-hand insight into the workings of IQ Option.
Broker Name: IQ Option
Visit Official Website Here
Minimum Deposit: $10*
*This is an investment amount, not a payment for the broker.
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Is IQ Option Scam or Safe?
iq_option_regulatedEver since it started operating in 2013, IQ Option has been known as one of the safest binary options broker platforms available to trade on. It has a valid license from CySEC and applies strict Anti Money-Laundering protocols. IQ Option is also registered with all European financial authorities which supervise binary options trading. Its website and applications are SSL protected.
IQ Option is also an official sponsor of Aston Martin.
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IQOption – Deposits & Withdrawals
The owners of IQOption have not divided its capabilities into account types. You can start trading on the platform by depositing as little as $10. There is a maximum of $1,000,000 daily deposit per trader, specifically made for big investors.
There is no minimum withdrawal amount for withdrawing operations. The maximum is the same as the deposit maximum. IQ Option offers you the most popular and secure ways of making financial transactions between your trading balance and personal account, and you can choose the one that suits you best.
How to Join IQ Option?
As I mentioned above, the minimum deposit to begin trading is $10. This is the lowest across the whole industry and very few brokers offer such a start. Here’s what you have to do in order to start making investments on the IQ Option platform and to get the overall trading experience:
Sign Up & Deposit – the minimum deposit is $10 and it gives you immediate access to more than 100 assets and possible returns between 85% and 95%, depending on your asset and option type of choice.
Invest & Trade – when you trade with the IQ Option brokerage, you can make investments as low as $1 per trade. Choose your option type, input the invested amount you wish and select the direction in which you think the value of the asset will go – up or down.
Withdraw – withdrawing your funds will happen via the same method you used to deposit them. The procedure takes a couple of business days to be completed and requires you to provide a proof of identity.
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Advantages of IQOption
Apart from being known as one of the safest trading platform in the binary options industry, IQ Option has a number of other features which give it an advantage over the competition.
Constant Customer Support – you can reach the support team of IQ Option 24/7 via live chat and e-mail. The assistance is professional and of the highest quality. You can contact them in Spanish, Indonesian, Russian, German and, of course, English.
OTC Trading – this is Over the Counter trading, carried out directly between parties without an open exchange to work as a medium. It is offered during the weekends when the markets are closed.
Excellent Trading Apps – IQ Option can be accessed across all of your devices, tablet, phone, even smart watch, as long as their operating system is either Android or iOS. When you trade on your desktop device, you can trade on both Mac and Windows. The mobile application developed by the owners of IQ Options has an excellent performance.
IQ Option – Conclusion.
IQ Option is already extremely popular in the binary options community. With hundreds of clients, increasing every month, is has proven itself as one of the top choices for traders when it comes to investments in binary options. It is regulated and licensed, and offers a secure and profitable trading environment. For these reasons, and the ones described above, I recommend IQ Option as a safe choice for a broker.
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