iqoption Broker Review 2018

FairBinaryOptions Broker Certificate
  • Min. Deposit $10
  • Max. Leverage 1:300
  • Spread EUR/USD 3 pips
  • Mobile Yes
  • Platform iqoption
  • LiveChat No

IQ Option is in many ways an unusual binary options broker. Accounts are a bit different, features are available already with minimum deposits, and the trading platform is customized.

But all these things are mostly positive since it means that trading with IQ Option is trading with an innovative broker which offers an advanced trading environment. We were very pleased with results we got after our IQ Option review.

*The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose

  1. Website Preview

  1. iqoption Account Features

    This regulated broker no longer provides binary options bonuses!

    In the beginning of the IQ Option review, we already mentioned that this broker really offers something innovative. They were the first broker to offer a totally free demo account.

    They also lowered the minimum deposit amount to $10 and increased maximum returns up to 91% which will be credited to account for a successful trade.

    They also offer many other interesting features that get unlocked at really low deposit amounts. They have recently also introduced Forex CFDs trading, about which you can read more below. IQoption has truly become an all around online trading solution.

    All traders can try the free demo account or low deposit requirement on real accounts. In order to open a new account the trader must answer several general questions about themselves and about her traidng experience based on which the broker will evaluate if the complex risky products they offer are suitable for the customer.

    There are three account options with iqoption. As usual, all accounts require certain minimum deposit amount to unlock extra features, but with IQ Option these requirements are so low that users can get to VIP account services after depositing only $3000. Overall in our IQ Option review, we found the platform very user-friendly since the real goal seems to be to educate clients for them to achieve better results.

    This drive can already be seen with the IQ Option Free Demo Account which is the basic starter account type. We started our IQ Option review with this account type too in because it was so smooth to sign up and no deposit was required. While usually, the demo account acts just as a starter feature with deposit ready accounts, here it constitutes an all in one package where traders can use it long with the real account. IQoption demo features:

    • $1000 virtual funds
    • an opportunity to test the platform.

    When signing up one can use Facebook or Google+ for faster account creation. We got our activation mail but the activation link didn’t work. If users encounter this minor glitch, they can always use the supplied password to log in manually.

    IQ Option Real Account

    • starts already with a $10 deposit.
    • access to over 500 assets
    • access to trading competitions

    As we already noted in this iqoption review, the

    IQ Option VIP account

    • starts already from $3000 deposit
    • fast withdrawal processing*
    • personal account manager
    • monthly analyst meeting to discuss trading approach

    Starting the trading career just got a lot cheaper. After readers see our IQ Option review we are sure many will take up trading binary options since this is a really good opportunity for them to begin their binary trading journey.

    In addition to the services offered through accounts, all users have access to an interactive web-based education system that is available in multiple languages, like English, French, Japanese, German, Polish, Romanian, Turkish and more, 13 in total!

    Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose
  2. iqoption Trading Software

    Trading with IQ Option is really an excellent experience, as their platform is regularly updated to provide the best user experience.

    At the moment, they are using 4.0 version. Our regular readers know how much we value whole page trading platforms, so they will understand why we were thrilled to use it during our iqoption review.

    Actually, it is wrong to call IQ Option trading solution “whole page,” as it is just a part of the user platform solution that this broker offers. When users login into IQ Option they are immediately taken to the trading platform and all other links and tools are accessible from the left side menu. On the right side is the trading navigation pane where users can place trades while the center is reserved for the huge graphing tool.

    Users can navigate using the menu on the left side – open positions, trading history, market news, video tutorials and other features are listed there.  For instance, when you want to see your open positions, you can even list them by the type

    • binary options
    • forex
    • crypto currency
    • classic options (will be discontinued soon)

    If you want to place a trade, the upper left corner shows the asset and below one can choose they type of the instrument. If you choose Forex, naturally  only currencies that can be traded with Forex type of CFD contract will be shown. Accordingly the chart will show price development for the CFD underlying asset. If binary options are chosen, more assets will be available.

    IQ Option Crypto Currencies Trading

    In case of crypto currencies, one of 7 crypto currencies available to be traded by using CFDs instruments. Available cryptos at the moment of this review update were

    • bitcoin
    • litecoin
    • dash
    • ethereum
    • IOTA
    • ripple
    • Bitcoin Cash

    Graph controls need some time getting used to since zoom and move controls work independently. Analysis tools are a bit too basic for us coming from the Forex background, however, indicators are amazing and should be used regularly in together with technical tools.

    Depositing and withdrawing panes are also part of the interface.

    On the bottom part of the interface is the list of trades other users are entering real time. It can help users to gauge the direction in which the market is going even though it doesn’t aggregate the sentiment like the SpotOption platform.

    IQ Option also offers a mobile version for users who want to trade on the go.

    Asset list includes a great and numerous selection of assets, currencies, stocks and indices, in total over 500 underlying assets. This will be more than enough for traders to develop a diversified portfolio to withstand even higher market volatility.

    IQ Option Forex and CFDs Trading

    IQ Option is now also offering Forex and CFDs in addition to binary options. Both Forex and CFDs trading is one of the most popular way of participating in the global markets. IQoption CFD trading is probably less familiar of the two but both of these financial instruments have very strict licensing rules which have helped in creating an industry that is based on traders protection. With Forex being an exchange of foreign currencies and CFDs contracts based on the difference between the strike price and the closing price, these additions are complementary to binary options and are largely familiar to existing binary options traders. This way, with IQoption forex trading, this broker is working towards providing their traders with a chance to additionally expand their trading portfolio in a systematic and transparent manner.

    Forex CFDs on IQ Option Platform

    On the forex CFDs trading interface, setting the asset and choosing the strike price is done as described above. Naturally the trade buttons, that are placed on the right will now show buy and sell. Above the buttons one can select the amount to trade and the multiplier – the leverage. With IQoption, leverage is 1:300 max. Default setting is 1:50. Overall trading Forex CFDs on IQ option platform is simple. There is no negative balance that can be caused by leveraged instruments – this means that IQoption employs the negative balance protection with their CFDs.

    Your capital is at risk
  3. iqoption Support Information

    Support with IQ Option works somewhat different from what the users may be used to if they traded with any other broker. Users who are VIP account holders will get an account manager who will help them with any issues they might have. Demo account holders will need to upgrade to iqoption Real account to contact the support. But, what is different here is the absence of a live chat and phone contact from the support contact options.

    Users can contact the staff via email, live chat and Skype.

    Website’s live chat is available in trading room and is supported in: English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Norwegian, Korean, French, Italian, Arabic, Indonesian, and Slovak. English and Russian support available 24/7. FAQ is very detailed and will help anyone with general questions about IQ Option.

    Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose
    Your capital is at risk
  4. iqoption Payment Methods

    We already mentioned how banking with iqoption offers a convenient procedure. All functions — withdrawing and depositing, are accessible trough the same control interface presented after user logs into the account. Deposit pane lists amount that are available for deposit. When withdrawing, the process is similar and only takes few clicks to finish it. Users choose the withdrawal service, amount and send the request.

    Users with IQ Option Real account will see their withdrawal requests processed within 1 business day, same as VIP account holders. For both deposits and withdrawals, credit cards supported are Visa, Visa Electron, Mastercard and Maestro. Of net wallets, iqoption supports , CashU, WebMoney, Boleto,Qiwi, WebMoney, Skrill and SafaPay.

    Deposits are generally free, while withdrawals can carry a fee for bank wire withdrawals. Minimum withdrawal is just $2 due to commissions. In their control panel users can track all the trading and operations history.

    The company behind brokerage, Iq Option Europe Ltd, was very helpful during our IQ Option review.

    Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose
  5. Your capital is at risk
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