Digital contract options. Is IQ Option at the top now

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FX Options at IQ Option – Features and benefits

How to trade FX Options with IQ Option

1# STEP – Visit page https://iqoption.com/lp/ultimate-trading/en/fx/ (87% of retail CFD accounts lose money.)

2# STEP – Click the button – “Open your free demo account”account”account”

3# STEP – Fill in your email and password and click create an account

4# STEP – Congratulations, your account has been created. Now you can trade either with imaginary or real funds

The principle of trading FX options is very easy. First, you select a currency pair which you want to trade, your investment amount and an expiration time. Then you click on a strike price, this bar is located on the right side of the screen. Right next to the strike price bar is also situated a bar indicating how much profit you can make from the investment. After choosing your strike price you basically only decide whether the price of the asset will be higher or lower at the time of expiration.

FX Options in practice

FX Options – features

IQ Option now features 31 forex options that include forex pairs, indices and commodities (gold, silver, crude oil). If a trader chooses to get out of the position before the expiration date, he can prematurely close the trade to fix his profit or loss. FX Options do not fall under ESMA restrictions so they are unlike binary options available to EU traders. A great thing about this type of financial product is that the risk and potential profit of your investment is entirely in your hands and depends on the strike price and direction you chose.

Brutally Honest Review of IQ Option – IQ Option Exposed!

A while ago I wrote my first review of IQ Option, but since then a lot has changed. That is the reason why I am updating this review of IQ Option. Back when I wrote my first review of IQ Option, they were mainly a binary option broker, but now they offer other ‘investment products’ as well.

Binary options are a blatant scam and therefore, I couldn’t recommend IQ Option back then. The question is, has this changed or is IQ Option still an untrustworthy, shady and scammy broker?

Regulations

Let’s start with regulations. Regulations are the most important aspect to look at when looking at brokers. Without regulations, a broker isn’t trustworthy at all.

The good news is that IQ Option is regulated. But the bad news is that they are regulated and licensed by CySEC. CySEC is a regulator based in Cyprus and therefore, this regulation isn’t really trustworthy.

Good legitimate brokers are usually regulated by trustworthy regulatory firms like the SEC or FINRA.

Features

I won’t go into too much detail with all the different available features at IQ Option because this would be a waste of time. Here is a brief list of available features:

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    Big Sign-up Bonus!

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    Perfect For Experienced Traders!

‘Investment’ Products: Let’s start with some ‘investment’ products. IQ Option offers stocks, forex, cryptocurrencies, and ETFs. Sounds great you may think? However, they only offer these in form of CFDs. I will tell you what exactly this means in a few moments.

Furthermore, IQ Option offers binary/digital options, another illegitimate product.

Multipliers: IQ Option’s ‘multipliers’ aren’t anything else than leverage. The leverage ratios vary a lot. As far as I know, the maximum available leverage ratio is 1 to 300. This allows you to lose your money 300-times as fast as you usually would.

Mobile App: IQ Option also offers a mobile app or at least they used to. I am not 100% sure if they still have one. Their mobile app got banned from Apple’s App Store because even Apple knows that binary options are a scam.

Education’: Furthermore, IQ Option has a few educational series on their website in which they show you how you can lose your money the fastest possible way.

Technical Indicators/Charts: Just like every broker platform, IQ Option also offers customizable charts and technical indicators. These exist to create the illusion that you can make money with IQ Option by using some fancy indicators and charts.

Practice/Demo Accounts: If you don’t feel like losing any real money yet, you could also try your luck with IQ Option’s virtual accounts. In these accounts, you can gamble with virtual money. Ideally, these demo accounts make you think you actually stand a chance with real money.

Traderoom: This is a chatroom in which other fake accounts tell you how to lose your money the fastest way. Furthermore, you can read about all the fake accounts that are making tons of money with IQ Option in this chatroom.

Competitions: IQ Option also hosts trading competitions. These competitions work more or less in the following way: 1. You deposit money to a designated competition account, 2. You lose the money as fast as possible.

24/7 ‘Support’: IQ Option also offers 24/7 support. So if you have questions about why you can’t withdraw any money, this is the place to go.

Smooth and Easy to use platform: Generally speaking, IQ Option’s platform is quite simple and easy to use. This means that the platform makes it as easy and as straightforward as possible to lose your money.

Very wide Bid/Ask spreads: Another thing that makes it even less likely to ever make money with IQ Option is their really wide Bid/Ask spreads. Due to their wide spreads, you will have to buy far above the current market price of an asset and sell far below the current market price of an asset. So picking the right direction isn’t enough to make money. The asset has to go far in that direction just to break even.

By now there are probably even more unnecessary and useless features.

Is IQOption a Scam?

I don’t want to waste your time with tons of unnecessary information. Therefore, I will get straight to the point with this.

IQ Option is NOT a legitimate broker.

Here are 5 reasons why this is the case:

  1. Binary Options:
    If you didn’t know yet, I am sorry to burst your bubble. But binary options are a huge scam. That is also the reason why binary options are getting banned in countless countries. So if a broker offers a scammy product that makes the broker just as much a scam. The fact that IQ Option offers (or offered) binary options is enough to make them an illegitimate broker! If you want to learn about all the reasons why binary options aren’t legitimate investment products, you should check out my binary options review!
  2. Regulation:
    Like I said before, regulations are one of the most important aspects of a broker. A sketchy regulation company based in Cyprus does not make a broker legitimate. This is another reason that is enough to not recommend IQ Option.
  3. Leverage:
    Leverage per se isn’t necessarily a bad thing. However, if a broker offers insane leverage ratios of 1:300 like IQ Option, that is a very shady thing. Just think about it yourself. Why would a firm allow you to borrow 300 times your money to trade with? Because they want you to lose your money as fast as possible!
  4. CFDs:
    What is a CFD? CFD stands for ‘Contract for Difference’ and they are an Over-The-Counter (OTC) product. This means that IQ Option will be your counterparty when you trade CFDs with them. Do you see any conflict of interest here? If your broker takes the opposite side of your trade, they want you to lose. CFDs are just a better version of binary options. They make the trader feel like he/she is trading real products, but in reality, he/she isn’t. If a broker says they offer stocks, Forex, cryptocurrencies and more, but only in form of CFDs, they aren’t legitimate.
  5. Can’t withdraw:
    There have been countless incidents of people not being able to withdraw their winnings. So even if you are lucky enough to win some money, it isn’t guaranteed that you will be able to withdraw that money.

So one more time, is IQOption a scam?

Yes!

Conclusion

In conclusion, IQ Option is an untrustworthy, illegitimate, shady, sketchy, scammy… broker that I can’t recommend!

You may ask yourself why I am the only person on the internet saying this. The reason is that 99% of all other sites aren’t being genuine. Why aren’t they being genuine?

Because IQ Option is paying them to be dishonest. IQ Option and most other binary option brokers for that matter offer very lucrative affiliate programs. So these sites promote brokers like IQ Option and earn juicy commissions every time when someone signs up to IQ Option.

Sadly, most people aren’t smart enough to see through this bullshit. So please do yourself the huge favor and avoid IQ Option and any other (former) binary option brokers. Don’t fall for the lies!

I hate it when people think that binary options and brokers like IQ Option are legitimate because of all the shady promotional tactics.

I truly don’t want you to be the next victim of these scams. But it is only you that can decide this. So make the correct decision and don’t deposit any money to these firms.

Binary options and companies like IQ Option just shed a bad light on the financial industry, on trading, and on real options. Options are real and legitimate investment vehicles. Sadly, many people fail to distinguish between real options and binary options even though there is a huge difference. Normal, vanilla options are legit, whereas binary options aren’t. If anyone tells you otherwise, he/she either is a binary option broker, affiliated with a binary option broker or just stupid.

If you want to learn how to trade real options, you should definitely check out my free beginner course !

Recently IQ Options sketchy business model got harmed due to EU’s new ESMA regulations . But I am confident that IQ Option and most other similar brokers will come up with new products (that aren’t affected by these regulations) to steal money from their clients.

Thanks for taking the time and going through this review of IQ Option. Have you had any bad (or good) experiences with IQ Option or other similar brokers?

Please let me know in the comment section below!

Honest IQ Option Broker Review 2020

Review: Regulation: Min. Deposit: Yield:
(5 / 5) CySEC 10$ up to 100%+

Is IQ Option a reliable broker or not? – In the financial sector, it is hard to find a good broker because the selection is quite large. On the internet, you can read a lot about scams and fraud. IQ Option is very popular for traders, but is it really worth to invest your money there and how good it the broker? – In this review read more about the facts and the conditions for traders.

The official homepage of IQ Option

What is IQ Option? | Facts about the company

IQ Option was funded in 2020 as a Binary Options Broker for everyone. The strengthening of the company is the low investment amount (minimum deposit) and the flexible trading platform. The broker is based in Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus (EU) and is there regulated by the CySEC too.

Nowadays there are more than 2 million trades executed on the platform daily. The broker wants to give the trader an all in one platform with a huge variety of different assets and financial products. Personally, I know this broker since 2020 and they always improve their service and offer for traders. With a rising customer base, the payouts of the broker are rising too. 2020 they withdrew more than 11 million $ every month.

Facts about the company:

  • Headquarters in Cyprus (EU)
  • Broker since 2020
  • You can use small investment amounts (1$)
  • All in one trading platform
  • High asset profit of 100% for Binary Options
  • No hidden fees

How safe is the broker? – Regulation and safety of customer funds

The broker is based in the European economic area and uses the best banks for the client’s money. The broker money is separated from the customer’s funds. This is a big advantage and deletes the conflict of interest. In addition, they use different encoding techniques for providing a safe platform.

The trading account is very safe too. For example, you can use 2-factor authentication. After your login, you will receive an SMS message with a login code. You get only access to your account when you use your smartphone. The option can be turned on or off.

Facts about the safety:

  • Regulated in Europe by the CySEC
  • Safe customer funds on different banks
  • Regulated payment methods
  • Safety options for your account

Conflict of interest is a critical topic for the most brokers. Not for IQ Option. The broker hedges the positions of its clients in the real market for Forex, CFD, and Crypto. On the other hand, they hedge the Binary Options between the traders and there is no conflict of interest. In conclusion, the broker is one of the safest companies in the world and payouts are guranteed.

Review of the conditions for traders and trade offer

On the trading platform are more than 500 different assets available. You can trade them with Binary Options or Forex/CFD. Also trade Stocks, Options, ETFs, and cryptocurrencies with the minimum amount of 1 dollar.

Assets of the IQ Option platform

The most traded financial product on the platform is Binary Options. You can choose an expiry time between 30 seconds and at the end of the month. IQ Option gives a trader the flexibility to develop his own trading style. The asset profit of Binary Options is compared to other brokers very high. With a normal account, you get some time over a 100% return. The VIP account gives you 5-20% more return (available with more than 3000$ deposit).

Forex, Commodities, Stocks, and Cryptocurrencies are tradeable with a spread of less than 1.0 pip. The spread depends on your asset and market conditions. In addition, you can trade with a maximum leverage of 1:1000. That is very high, but you can change the leverage before each trade. European traders have to use the maximum leverage of 1:30 because of the new regulation.

In conclusion IQ Option makes a very reliable impression for me. The range of assets is quite high and the fees are at the lowest point compared to other brokers.

Advantages for traders:

  • One broker for different financial products and assets
  • Competitive trading fees
  • Fast execution for trades
  • Trade 24/7 on the platform
Products: Assets: Binary profit: Spreads:
Binary Options, Forex, CFDs Commodities, Stocks, Forex, Cryptos 100%+ Less than 1.0 pip

Review of the IQ Option trading platform

IQ Option offers a unique trading platform (picture below) for the browser, desktop, smartphones, and tablets. From my experience, the platform is flexible and very customizable. The goal of IQ Option is it to make trading very simple. Beginners should be familiar with the platform in a few minutes.

It is an all in one platform because IQ Option offers so much opportunities to invest in the financial markets. You get access to a wide range of assets with a few clicks. The transactions are clearly shown in the platform so that transparency is given.

Use different types of charts and popular indicators for your own strategy. You can customize the chart by yourself. Multicharts for a better analysis are available. It would be too much if I show you all the options on this page. Just predict the asset price direction and open your first trades. You can always trade a long or a short position. In conclusion IQ Option got one of the best trading platforms compared to other brokers.

Screenshot of the Trading Platform

Furthermore, the platform is available as an app for desktop, smartphone or tablet. The broker says that the app for the computer is much faster than the web version. The broker´s portfolio is complete with mobile trading for its clients.

Benefits of the platform:

  • All in one platform
  • Multicharts
  • A wide range of indicators
  • Flexible and customizable
  • For desktop, browser, smartphone, and tablet (apps)
  • Fast trade execution

Professional charting and analysis is possible

For analysis, it is important to use the chart. Different strategies can be accomplished with the trading platform. IQ Option provides 4 different types of charting. You can customize them within the color and the timeframe. The settings are automatically saved by the platform or you can do it manually.

Chart types:

Use more than 18 different timeframes. It is possible to use between a 5-second chart and a 1-month chart. The diversity of options is very huge on the platform. The Broker always tries to improve its offer for his clients.

Another point to mention is the graphical tools and indicators. Use more than 5 different graphical tools (included Line, Trend Line, Horizontal Line, Vertical Line, and Fibonacci Lines). Technical analysis works reliably in the markets and is used by more than 100 years of financial trading. Also, the graphical tools are customizable within the colors and the thickness. For example, you can lock them in and they will not move in the future.

Trade with more than 20 different technical indicators. The features are available in the mobile app too. The most popular indicators are the Moving Average, Bollinger Bands, RSI and ATR. In conclusion, the broker provides a big range of different analysis tools for your success in trading. Another big advantage is that they are fully customizable.

Widgets and indicators

At the latest, there are different widgets to customize your trading platform. Watch the Current Buy/Sell ration for the selected asset with the Traders Mood. You can generate different trading ideas because of that. Furthermore, it is possible to see the trades of other traders in the chart. In my opinion, it can be a motivation for your trading. In addition, pop up news is available directly in the chart. The news depends on your chosen asset.

Trading Tutorial: How to trade with IQ Option

IQ Option offers a huge diversity of different financial products to trade the markets. The most popular product of the broker is Binary Options. From my experience IQ Option is one of the best brokers for binary trading. Binary Options are the most traded product on the platform. In this section, I will show you how it works.

If you want to trade Binary Options successfully, you have to make the right forecast of the market movement. Risk and profit are limited. Special for Binary Options is the expiry time. You have to choose between different time horizons. It can be longterm or short-term. The trade automatically closes after the expiry time. Bet on rising or falling markets. The price has to be below or upper your entry point.

Make a forecast for the market movement

How to trade Binary Options?

Predict the asset price direction in a certain expiry time and invest any amount of money. If you invest 100$ and make the right forecast, you will win the trade and get a payout of 195$. 100$ is the return of your investment and 95$ is the profit. It is very easy to understand and you can practice it with a demo account. The profit is fixed by the broker and the asset movement do not influence it.

On the other hand, Forex/CFDs/Stocks/Cryptos will give you a profit by moving in the right way of your forecast. The further the markets go in your direction the more profit you will make. You can open and close the trade at any time and limit your risk with a stop-loss. In addition, you can set automatic profits with the take profit. One the platform you can learn more about it. IQ Option offers a wide range of educational material for beginners and advanced traders.

How to trade Forex?

Forex is one of the beloved markets in the world. Also, it is the most traded market with more than 3 trillion USD every day. You can trade different currencies against each other. At the moment more than 174 Forex pairs are available on the trading platform. The Forex trading is leveraged up to 1:1000. That means you can multiply your investment amount by more than 1000 times. Before you start trading you can choose your own leverage of the trade.

If the currency moves into your price direction, you will get profit each moving point in the market. There are no expiry times and other rules like Binary Options. The stop-loss and the take-profit are important tools in forex trading because they automatically close the trade on a certain price. You can manage your risk with the trades.

Facts of Forex Trading with IQ Option:

  • More than 100 different Forex-pairs
  • Low spreads
  • High liquidity
  • Leverage up to 1:500

Invest in international Stocks and ETFs (CFDs)

Stocks and ETFs are popular products like Forex. Choose between 10 different stock exchanges (IQ Option improves diversity) worldwide. You can go long or short on Stocks and ETFs. Also, the multiplier is available for them. Stocks are very sensitive to news. With the news-calendar, you can generate trading ideas quickly on the trading platform.

ETFs are like a stock collection and traded on the stock exchange. You can build a wide-ranging portfolio with them. Stocks and ETFs are traded as CFDs (contract for difference). You do not have to buy the underlying asset to generate a profit. You just buy the contract on any asset you want. The advantage is that you can go short and use a multiplier to increase your profit.

Facts about Stock and ETF Trading:

  • Trade stocks, commodities, metals, crypto, and more
  • Low and competitive spreads
  • Leverage up to 1:500
  • Short trading is available

IQ Option Cryptocurrencies (with leverage and without)

2020 and 2020 was the year of the new Cryptocurrencies. Some crypto exchanges stopped to attract new clients and they closed the registration. It was like a trend for investing money. In 2020 the market dropped down very hard. With IQ Option you can trade in both directions of the markets. This is not possible on the most trading platforms. Trade Bitcoin, Ethereum, Ripple, Iota and more on the platform.

Nowadays 24 Cryptocurrencies are available to trade. Another big advantage is the multiplier/leverage for Cryptocurrencies. For example, it is allowed to use a multiplier of 100x on Bitcoin. This is a huge amount of leverage. So you can make more profit on small market movements. In addition, there are no overnight fees for trading crypto without leverage. In conclusion IQ Option is one of the best flexible crypto platforms for fast investing your money.

How to use the Leverage/Multiplier

IQ Option offers huge leverage for some financial products. Always the leverage depends on the traded asset. The maximum leverage is 1:1000. That means if you invest 1$, you are trading the amount of 1000$ on the market. Different strategies are possible because of that. In my opinion, a multiplier is a great tool to increase your profit. For small investments, it is necessary to use a multiplier. With IQ Option you can change the multiplier in every new trade. This is a big advantage in comparison to other brokers.

Mobile Trading for any device

Nowadays mobile trading is sometimes necessary because of political or fundamental news. Also, it is important to check your portfolio when you away from the keyboard. IQ Option provides a mobile app for Apple (IOS) and Android users. I was surprised by using the mobile app that the program is flexible and smooth like the trading platform for browser or desktop.

Binary Options are forbidden in the Appstore but you can trade Forex/CFDs/Crypto with the apple app. In the app, you can directly chat with the support of IQ Option or chat with other traders. This is a good way to improve your results or ask questions. There is no difference in the order execution in the app or trading platform.

Learn to trade with the free Demo Account

Especially for beginners, it is important to practice trading in the demo account. This is an account with virtual money. So you trade without risk. IQ Option offers you a free and unlimited virtual account. With one click you can change between your real and demo account.

There is no difference between the demo and real account. I tested it and the conditions are the same. Furthermore, it is important for advanced traders to improve their own strategy in the demo account. Directly in the platform, you can watch as beginners the education videos and analysis of IQ Option.

The account is capitalized at 10.000$. This is the best amount for testing the platform. If you make some losing trades, you can easy recapitalize the account with one click. In conclusion IQ Option offers one of the best demo accounts for trading.

Facts about the Demo Account:

  • Unlimited
  • Free and no hidden fees
  • Demo account with 10.000$
  • You can deposit virtual money with one click

Open the real account is very easy

The real account is combined with your demo account. With one click you can change between these 2 accounts. For the registration, you only need your name, email and a secure password. The account opening only takes the time of 30 seconds. After the registration, you can start practice in the demo account or deposit your first money. It is possible to trade without verification.

I recommend doing a verification before you start investing real money because withdrawals without verification are not allowed. Just upload some personal documents and the account will be approved in less than 24 hours.

For beginners there is a complete tutorial on the IQ Option trading platform. For further questions, you can ask the chat-support.

  • Verification in less than 24 hours
  • Change between demo and real
  • Fast support for questions

Review of the deposit and withdrawal with IQ Option

In this review, we will have a look at the deposit and withdrawal options. From my experience, the payment system of IQ Option is one of the best. First of all, you can start with a small investment amount of 10$. There are different payment methods for deposit and withdrawal. Every trade should be able to capitalize on his account.

Withdrawals are processed within less than 24 hours. IQ Option is not a scam, because often I paid out and I know a lot of other traders who did it. In conclusion, the company provides you the best service. You can use Creditcards, E-Wallets, Cryptos or Bankwire for your deposit and withdrawal.

Regulated and fast payments

These payment methods are available:

  • Bankwire
  • Credit Cards (Master/VISA)
  • Neteller
  • Skrill
  • Qiwi
  • AdvCash
  • AstroPay
  • Boleto

Is a bonus available?

At the moment there is no bonus for clients and their deposit. In the past, there was a deposit bonus. Nowadays they deleted the bonus because only a few traders used this service. In my opinion, the professional and successful trader does not need a bonus for their account to make a profit.

Which fees can occur with IQ Option?

Are there any hidden fees? – No, there are not any hidden fees for you. Withdrawals and deposit are without any fees. It is completely free. In addition, there are some fees for the trading instruments and an inactive fee:

  • Binary Options: No fees for trading.
  • Digital Options: No fees for trading.
  • Forex, CFD, Stocks, Crypto spread: You always pay the market spread of the asset. The spread value depends on the asset. For example, popular assets got a lower spread. It is the difference between the buy and sells (bid & ask) price in the market. IQ Option takes this fee for earning money and get paid. Compared to other brokers the spread is very low. Sometimes IQ Option makes a special event with lower spreads. The regular spread is between 0.010 and 0.030% in forex trading. Always you can see the spread transparent in the trading platform.
  • Leverage: Leverage is borrowed money. If you hold a position longer than one day with a multiplier, you will get charged an overnight fee. This fee depends on the asset and the multiplier. You can see it transparent in the platform or you can ask the support for help.
  • Inactive fee: IQ Option charges a fee for inactivity after 90 days. The fee is 50$. If your account balance is zero, they can not charge this fee.

Account Types (VIP)

IQ Option offers a VIP account for deposits more than 3000$. You will get a VIP-Manager, increased profitability, better support, and unique offers. Important to know is that you have to deposit more than 3000$ in one deposit. If you deposit 3000$ in more than 1 payment, you do not get the VIP-status.

The VIP Account gives you more return on profit

Increased profitability is a big advantage for Binary Options. You earn more money in your trades. The increased profitability is between 5% and 21%. It depends on your traded asset. In the platform, you can see the return on investment by a symbol next to the asset.

Another advantage is VIP-training. You will get access to different PDFs only for VIP-members. Furthermore, you can book direct sessions with your VIP-manager. The support is very comfortable and they will care about you in different ways. In conclusion, a VIP-account is a good opportunity to get more profit and knowledge for your success in trading.

Tournaments and Contests for beginners and advanced traders

Tournaments and Contests for trading with Binary Options. In most cases, more than 3 different Tournaments are available for traders. Each Contest got his own condition for trading. You can win a huge amount of money in a short time. Now I will show you how the Tournaments are working:

If you take part in one contest, you will get a separated account for the contest. It is like the demo account with virtual money. Now you have to make a profit and compete against other traders. Do not blow up the account otherwise, you have to pay the registration fee again. Sometimes there is a big prize pool of 100.000$. This is a good way to earn money with a small investment.

Facts about the battles:

  • Compete against other traders
  • Pay a registration fee
  • Trade with virtual contest money
  • Make as much profit as you can
  • The first places win a huge amount of money
  • Example: You can win money with the place of 30. This depends on the Tournament.

Tournaments and Contests

These countries are available for IQ Option Traders

As mentioned before IQ Option is an international broker. The trading industry is growing constantly and more people like to invest their money in simple steps. Asia and Africa it the biggest area of the broker. The broker provides support in more than 20 different languages. It is multiple and they accept more than 200 different countries.

These countries are not accepted: the USA, Iran, Israel, Australia, Canada, North Korea, Japan, Latvia, Syria.

In fact, Asian is the fastest growing market and the broker try to improve their support for Asian traders. Also, trading is legal and very popular like gambling but is IQ Option legal in India, South Africa, and other countries? – Yes, it is. After my research, there are not any illegal actions of the broker for this region.

The broker added different Asian and African countries to their offer:

Are robots and trading signals provided?

Robots and automatic trading are not provided by IQ Option. In addition, it is very difficult to create a robot because they got their own unique trading platform. So expert advisors cannot be used.

Furthermore, there are no trading signals from the broker. The broker prefers that traders use their own knowledge to make a profit. In the trader’s chat you can talk to other clients to generate trading ideas. This is a way to get signals from other traders. Personally, I do not like signals and robots because you are not independent if you use them.

On the internet, you will see videos of IQ Option robots or bots which are trading with high profit. This is to 99% a scam for your money. You should not try to use a bot because the seller wants to steal your money. Besides, IQ Option does not allow automated trading. Your account can be banned without warning.

Review of the support and customer service for traders

As a reputable broker, IQ Option also offers a good service to its clients. The support is available 24 hours a day via phone, chat or email. For beginners, there is a big education center with over 200 different videos. In addition IQ Option offers account managers and VIP managers. They will help you to understand the platform better.

Furthermore, IQ Option provides daily analysis and news for trading. You get access directly to market news through the platform. In conclusion, the support and service of the company are very good. The biggest advantage is the 24-hour support via chat.

Support: Language: Email: Phone (english):
Phone, Email, Chat More than 20 [email protected] +44 80 0069 8644

Conclusion of my review: Is IQ Option legit?

IQ Option is interesting for beginners and advanced traders. Definitely, IQ Option is not a scam. It is a reliable European broker for trading Binary Options, Forex, CFD and more. In conclusion, the broker offers a wide range of financial products for the traders. First of all, I recommend using the demo account. You will be surprised by how good the trading platform works.

It is an all in one platform for the financial markets and one of the biggest. IQ Option is one of the most popular brokers in the world and I can confirm that. This review showed you the facts and a lot of information about the company. I think you are now ready to invest in the platform by using your money and start becoming a successful trader.

Happy trading

The advantages of IQ Option:

24 hour support

Start with a 10$ investment

More than 500 different assets

Diversity of financial products

All in one platform

High asset profit of 100%+

IQ Options shows clearly the best conditions and offers for traders (5 / 5)

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

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How To Choose Binary Options Broker 2020
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