IQ Option is a Cyprus based Binary options financial service provider owned and managed by IQ Options Europe Ltd. IQ Option as a trading platform is under the inherent jurisdiction of the Cyprus Securities and Exchange Commission (CySEC) by virtue of its designation as a Cypriot Investment Firm (CIF).
In accordance with its CIF License 247/14, IQ options is authorized and licensed to provide financial services to clients within the European Economic Area (EEA). The trading platform for IQ Options went live in 2013 with $10 minimum deposit requirement alongside a demo trading version.
Again, IQ Option is a member of Investors Compensation Scheme. By virtue of its membership, every IQ Option’s clients’ money is secure and protected up to €20,000 maximum. However, for traders not within the EEA, IQ Options’ sister company IQ OPTION LTD manages their accounts.
It is a company based in Mahe, Seychelles and accordingly, it is regulated by the Seychelles Financial Services.
Though a new player in the industry and options market, IQ Option Binary Broker have marked out a name for itself through its consistent push for continuous improvement by being on the search for new binary options techniques to help it’s teaming clients invest accordingly and profitably in the options market.
Today, IQ Options is reliably recognized as one of the favorite leading brokers in the industry.
IQ Option has a user-friendly trading platform designed specifically to make binary trading easy and simple for even a first timer. They followed this path as against using the standard trading complex platforms of the past.
The platform spots a big chart which helps traders who prefers to monitor the conditions in the trading markets. It also comes with different selection trading tools that are usually not found on any other binary trading platform. One of such attributes is the “Position Top-up”. This feature allows a trader to hold his trade open if his trade is approaching a stop loss.
You can simply install the IQ options mobile application from Google Play Store or from Apple Store. This app will help you execute trades as well as keep tabs with all the developments in the market.
Type of Trading Accounts on the platform:
Unlike most financial service providers and binary brokers, IQ Option offers only three (3) types of trading accounts viz: a Demo Account, a Standard Trading Account and a VIP Account.
Only a $10 minimum deposit is required to open a Standard Account while a VIP Trading Account needs a minimum deposit of $3000.
Both Accounts allow the trader to participate in the weekly trading competitions hosted by IQ Options. Furthermore, the VIP Account will give the account holder access to additional trading benefits like joining and participating in the trading promotions, certain percentage of additional returns as well as assigning you a personal manager.
N:B- You can always start with the Demo and test out the platform with the free $1000 free bonus upon registration. No fees attached as it is free.
Assets Offered At IQ Option:
Every trader that operates with IQ Option have access to trade in over 87 different categories of underlying assets. Currently, around 12 different kinds of cryptocurrencies has been added to the platform for trading by their clients.
To enhance profitability, the financial service provider developed a tool called IQ Option Trading Patterns. This feature can affect your investments in many ways. IQ Option Trading Patterns provides video tutorials on almost every trading pattern you can think of. It will tutor you about it all in just a short time.
There is 24/7 top notch customer service attendants who ensure you get all the assistance you need when you need it.
Deposit & Withdrawal:
Several modes of fund transfer has been incorporated into the platform to aid easy deposit and withdrawal of funds. You can fund your account using bank transfer, credit cards and E-Wallets .
Credit cards accepted by the platform include MasterCard, VISA, and Maestro.
E-Wallets include popular ones like Webmoney, Neteller and Skrill.
To withdraw from the platform, the same modes as stated above still applies. However, withdrawals through E-Wallets are faster as they can just take a few hours to process.
IQ Option is a great and simplified trading platform with a user-friendly interface designed to help you make money.
The type of instruments offered by the Company allows traders open and close market positions any time they prefer. Again, as a regulated operator, there is strict adherence to professionalism and ethics. Also, winning many awards and with NASDAQ, one of the most influential Stock Markets in the world citing IQ Option as a resource that is worth linking to, speaks a lot about the platform.