IQ Option Review - Is IQOption a Scam?

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IQ Option Review

Genre: Option, Forex
Country: Cyprus , Saint Vincent
Licenses: CySec
Established year: 2008
Minimum: 10$
Leverage: 1:1000

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Who is IQ Option?

IQ Option as the name indicates is an online trading platform that initially specialized in binary options trading. The company enables clients to trade a variety of financial instruments and assets such as binary options, stocks, forex and of course cryptocurrencies. IQ Option started with binary options in 2008 and has since grown rapidly to become a broker that processes close to 2,000,000 trades per day! It now claims to have more than 48 million users.

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Regulating IQ Option

How credible is iq option? The IQ Option group is divided into two companies: IQ Option Europe Ltd, registered in Cyprus and regulated by CySEC (Cyprus Securities and Exchange Commission) and IQ Option Ltd, registered in Saint Vincent and the Grenadines. Regulating the forex market and its derivatives.

It is worth noting that Arab clients, Middle East clients and most countries around the world have their accounts registered under the entity located in Saint Vincent.

Financial instruments on IQ Option

The most important characteristic of IQ OPTION is the financial instruments available for trading, at iq option you can trade stocks, forex, commodities, options, cryptocurrencies, ETFS.

Digital options trading (outside the EU only)

IQ Option has different types of options that you can trade. One of them is digital options. With digital options, the return potential is up to *900%. IQ Option digital options are available in different currency pairs. There are: 19 standard digital options that can be traded on weekdays. 8 OTC digital options for weekend trading. Digital options can be traded with expiry times of either 1 minute or 5 minutes. However, trades can be entered late, which means that expiry times can be achieved as little as one minute or between one and five minutes.

Digital options can be traded by traders outside the European Union but are not available to retail traders from the European Union. For more information on IQ Option digital options, please read 16 New Digital Options Available!

Binary options trading (outside the EU only)

IQ Option has been in the binary options trading since 2008. IQ Option has around 60 binary options instruments to choose from. This is not only binary options on forex pairs, but also on various stocks, stock indices and gold. Binary options can be traded on IQ Option with a wide range of expiry times during the day, as well as “end of the day” and “end of the month.” The minimum expiry time is 1 minute.

The payout ratios on binary options vary, depending on the time of day, news data, market liquidity, and other factors. The maximum payout percentages in some binary options can be as high as 90-95% and in rare cases, even higher.

IQ Option also has OTC binary options that can be traded during the weekends for those traders who might be too busy to trade during the week.

IQ Option Review - Is IQOption a Scam?

IQ Option FX Options (EU)

IQ Option FX Options retail traders from the European Union are no longer able to trade binary options and digital options with IQ Option due to ESMA (European Securities and Markets Authority) regulation. However, IQ Option does have an alternative for EU retail traders - FX options. For this group of traders, forex options are the only type of options they can trade with IQ Option.

Trading CFDs on stocks

IQ Option has around 174 stock CFD contracts that can be traded with leverage. Stocks are generally more volatile than the forex market and traders who enjoy volatile markets are usually attracted to the stock market. With stocks available on the same platform as other IQ Option tools, traders can diversify their portfolios very easily, without having to open separate accounts for stock trading. IQ Option stock CFDs can be traded for as little as $1 per trade!

IQ Option Forex Trading

The forex market has some of the most liquid instruments you can find. Spreads are usually very low compared to other markets and with daily turnover reaching trillions of dollars, even large speculators and investors can get in and out of large trades with relative ease. Long trade (buy) on the EUR/USD currency pair. Up to 1:1000 leverage is now available on this pair (and some others). *EU retailers are limited to leverage until 1:30.

IQ Option has a good selection of around 88 currency pairs to choose from. Currency trades, like all other CFDs by IQ Option, can be placed with Stop Loss and Take Profit orders in advance. Pending orders are also available. IQ Option recently made some positive changes to forex leverage and traders can now trade certain currency pairs with leverage up to 1:1000. Examples are EUR/USD, GBP/USD, GBP/CHF, GBP/JPY, USD/CHF .

Trade Cryptocurrencies at IQ Option

IQ Option Offers Cryptocurrency Trading With its exceptional volatility, the cryptocurrency market has attracted many investors and traders from all over the world. With cryptocurrency CFDs, traders can speculate on the upward and downward price movements of several cryptocurrencies without owning the actual underlying cryptocurrency. So, whether the price is going up or down, there is potential for profits.

IQ Option has two types of Crypto CFDs: Crypto-Standard CFD CFD Crypto-Private Crypto-Standard CFDs can be traded by both EU and non-EU clients. EU retail traders can access 1:2 leverage, pro-EU traders and non-EU traders can access up to 1:10 leverage.

Crypto CFDs have much higher leverage and much lower spreads than standard crypto CFDs. These CFDs expire on a daily basis, however. EU retailers cannot access these tools due to ESMA (European Securities and Markets Authority) regulation, while non-EU and pro-EU traders.

Trade Commodities on IQ Option

IQ Option enables traders to speculate on different minerals, crops, energies, etc., without actually taking delivery of them. For obvious reasons, this is a very convenient way to participate in the commodity market. Of course, which means that gains can be made even when commodity prices turn south.

IQ Option has 6 CFD contracts on different commodities available. As with all other instruments on the IQ Option trading platform, these CFDs can be traded for just $1 per trade. Available leverage up to 1:150 for non-EU and pro-EU traders. EU retail traders are limited to 1:10 leverage.

ETF Trading

Are you looking for a wide variety? ETFS may be your answer. Exchange-traded funds, or ETFs, are a very popular asset class; And for good reasons. ETFs allow traders to gain exposure to a market sector or group of assets through a single ETF trade. This can make portfolio diversification much easier because traders do not need to choose many individual instruments from specific sectors and incorporate them into their portfolio. Besides, ETFs on IQ Option have very low spreads and can be traded with leverage of 1:100 (by pro-EU and non-EU traders) and 1:5 by retail EU traders.

Withdrawal and deposit methods at IQ Option

It is good to know that the minimum deposit at Olymp Trade is only $10. Potential clients can deposit or withdraw via credit cards, as well as webmoney, Neteller, Skrill, Advcash and finally Bitcoin.

IQ Option Review - Is IQOption a Scam?

Account types at IQ Option

Demo account from IQ Option

The effective IQ Option demo account contains all the features and financial tools of a real (live) trading account. With virtual money of $10,000, traders can test trading strategies, learn about the trading environment, or just have fun. This virtual account balance can be increased to the original value at any time, which means that you can practice your trading without any restrictions. The IQ Option trading platform is designed in such a way that traders can switch between their live and demo accounts with just three clicks. This is a convenient and time-saving feature because both accounts can be accessed with a single login.

IQ Option real account

The IQ Option real trading account offers you real trading with real money. With a small deposit of only $10, you can get a real trading experience and participate in the many different markets and asset classes previously mentioned. Whether you like forex, commodities, options, ETFs, stocks, cryptocurrencies or stock indices, all of these are there for you. Besides regular trading, you can also participate in IQ Option trading courses which can be accessed directly via the IQ Option trading platform. *EU retail traders do not have access to IQ Option trading courses. Pro-EU and non-EU traders can participate in these trading tournaments.

IQ Option VIP Account

To qualify for an IQ Option VIP trading account, you need to deposit $1,900 or more. A VIP trading account gives you access to some benefits, which include higher profit rates and a personal account manager. VIP accounts are only available to non-EU citizens.

IQ Option Offers and Bonuses

IQ Option does not offer any bonuses at the moment, but there are many contests that you can easily enter and participate in through your account platform, and they are constantly renewed.

 

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IQ Option Review - Is IQOption a Scam?IQ Option Review - Is IQOption a Scam?

 

Is IQ Option a scam?

IQ Option is definitely not a scam With over 10 years of good service for traders from all over the world, IQ Option has won many awards for its trading platforms and other features. IQ Option processes approximately 2 million trades per day and is indeed an innovative broker that is constantly looking for new ways to improve its services, trading platform and variety of tradable instruments. We have tried depositing and withdrawing through Bank Neteller and we have not encountered any problems or complications.

Conclusion IQ Option is a good broker in the world of binary options, at least it has a Cypriot license, unlike most binary options companies, but in Arabic we do not recommend trading binary options and only trading with licensed brokerage firms from more than one reputable regulatory body. But if you try the iq option please write your review and experience below.

If you are looking for a safe and licensed forex brokerage company and not binary options, it is better to choose a company that specializes in forex and CFDs - forex companies we recommend through our agency to enjoy full support against any problems you may encounter with companies, and you will join hundreds of clients registered through an agency Forex in Arabic, which adds another layer of protection, To register an Islamic XM account, click here || To register an Islamic Exness account, click here.

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