IQ Option ReviewVisit Website
- Payouts up to 91%
- Amazing software platform
- Trading tournaments
- USA, Canada, Australia, Japan, Russia, Turkey, Israel, Syria, Sudan and Iran traders not accepted
IQ Option Deposit & Withdrawal Methods
IQ Option Broker Information
- Founded: 2013
- Company: IQ Option ltd and IQ Option Europe Ltd
- Incorporated: IQ Option Europe is headquartered in Limassol
- License: CySEC
- Platform: Proprietary
- Minimum Deposit: $10
- Minimum Withdrawal: None
- Returns: 91%
- Minimum Trade: $1
- Demo Credits: $1,000
- 60 sec, 15 min, 30 min, 1 hour
- iPhone, iPad, Android
About IQ Option
IQ Option is a recently established binary options broker which has caught the eye of many traders. Using the latest technology and innovation, the company has created a platform which gives its clients an easy, smooth and fun trading experience with a difference.
With its proprietary binary trading platform, traders can earn up to 91% return on their investments within a matter of minutes. Its platform is acknowledged as one of the smoothest around, differentiating IQ Option from most other brokers and propelling them to the forefront of the industry.
Trading with IQ Option is easy, catering for the needs of seasoned players and novice and traders alike. On the platform, traders can trade with classic high/low, turbo and 60 second binary options, with a range of over 70 tradable assets to choose from. IQ Option also offers tournament trading which allows traders to enter a tournament with other traders and win prizes. Another great feature of IQ Option’s platform is the ability for traders to make several trades on the same chart. This is particularly useful when traders want to employ trading strategies such as the “fence” as they are able to view their trades easily against the highs and lows of the underlying asset.
IQ Option’s multi-lingual customer support team can be contacted via email, live chat, Skype or web form and is always on hand to deal with any questions. Its web-based interactive education system meanwhile, is designed to help traders of all levels achieve a good understanding of trading and accomplish their trading goals.
Overall, IQ Option is an excellent trading platform that offers powerful features and an intuitive interface. Traders are welcome to open accounts with as little as $10 which is ideal for small account holders as well as being one of the best places to learn the basics of binary options trading. Equally attractive for more sophisticated traders, we highly recommend IQ Option as one of the best binary options brokers around. Anyone seeking a new type of trading platform to experiment with should definitely consider giving them a go.
IQ Option History
IQ Option Europe is headquartered in Cyprus and is licenced and regulated by CySEC. Since its inception in 2013, it has quickly acquired a solid reputation in the industry for its innovative platform and favourable sign-up terms for new clients.
One of IQ Option’s main priorities is the security of its client’s funds. This has been recognised by the experts at MasterForex-V who awarded IQ Option the “Most Trusted Binary Options Broker.” It is also the holder of the “Most Innovative Binary Options Broker” for its industry-leading quality of service, innovation and approach to the development of client services, received at the ShowFx World conference, Moscow.
IQ Option Bonus Terms & Conditions
IQ Option offers its traders an attractive range of rewards and bonuses which are credited to their account subject to compliance with the terms of the offer. Unless stated otherwise in the terms of the offer, the precondition for making bonus/benefit withdrawals is to buy options of 35 times the amount of the deposit bonus/benefit. In the case of a non-deposit bonus/benefit, traders must buy options of 50 times the bonus/benefit amount before being able to request a bonus/benefit withdrawal. Transactions with ‘equal’ results i.e. the strike price equal to the price expiry are not included in the calculation of the required trading volume.
IQ Option Withdrawal Terms & Conditions
The withdrawal process at IQ Option is simple with several ways in which traders can withdraw money, including debit/credit card, bank wire and a selection of e-wallets including Skrill and Neteller. All a trader needs to do is fill out and submit the relevant form. IQ Option pays its clients by way of bank wire or transfer to the credit card account that was used when the deposit was first made.
Withdrawals can take up to 72 hours and traders need to be verified prior to this process with identification documents including photo ID, proof of address and payment. Traders are required to pay any incurred bank transfer fees when withdrawing funds into their designated bank account.
IQ Option Demo Account
When opening an account with IQ Option, traders have the chance to start with a free demo account which means they are not required to submit personal information including credit card details. After signing up, traders have their demo accounts credited with $1,000 of virtual trading dollars so they can try different strategies and become comfortable with trading binary options. Demo accounts have access to all IQ Option’s trading assets and educational materials although a few features of the trading platform are locked.
IQ Option Scam Watch
IQ Option is a reputable broker and not associated with any bonus or promotional scams. In addition, there is no negative feedback around in connection with the quality of its services. IQ Option has a strong reputation in the industry for being professional and has become highly popular with traders across the world. Having acquired the forementioned industry awards, along with the fact that it is CySEC regulated suggests IQ Option is a legitimate broker and is one of the top few brokers which we highly recommend.
IQ Option Mobile App Review
Mobile trading with IQ Option’s trading platform is supported through the provision of Android and iOS based mobile trading apps, allowing traders to make money anytime and anywhere. The mobile app enables traders to access their account from the convenience of their mobile devices and take advantage of the markets in real-time. Traders are able to execute and monitor every aspect of their trade on the go, and can be assured that their investments will reach their maximum potential in the same way as with the main trading platform.
IQ Option Review – Video Transcript
Now I think this is probably the best broker that I’ve seen in a long, long time. I think I’ve seen the future of what a binary options trading platform should be. This is just an awesome, awesome software. I think you guys are going to love using IQ Option.
So firstly I’ll go through a few pros and cons that I believe you get with IQ Option. And then I’ll go through my rating. And then a few key facts about IQ Option. And actually look through the trading platform itself and do a few trades in the demo environment, just to give you guys a look before going and trading there yourself.
So we’ll get into it. So the pros and cons of IQ Option are that it’s CySEC regulated. So it’s a regulated broker, which is a huge plus. The main con being, though, that they won’t accept US or Japanese traders.
So the max returns are up to 92%. And the max returns on weekends are up to 95%. so if you like to do few options over the weekend, you’re going to get up to 95% returns there.
It’s amazing software. They also have a great little feature, trading tournaments. Where you actually enter a tournament with other traders. And it might be a certain period of time where you have to actually grow your account the most. And then the winner will actually gets some sort of prize.
So you can see here I’ve entered into one. With first place, you get $800. Ninth place, $6.00. So the total prize fund here, $250.
If you look at some finished ones. You’ll see currently all the tournaments are about $250. But these are free torments. And I think in the future they’re going to actually– you can see here that quite a lot of people you’d be going up against. Over a thousand other traders. But I think they’re going to be releasing some bigger, bigger tournaments in the near future.
So there’s some more things about IQ Option are that they also, for VIP customers– so when you have a bigger trading balance– that on losing trades, they’ll actually refund up to 60%. Which is quite good for losing trades.
And they’ve also recently won the most innovative broker award at a recent Forex industry award night. So they’re definitely leading the way in terms of software.
All right, so my rating is that I’ve rated this software pretty much 42 out of 50. I’ve given it 9 out of 10 for returns. Up to 92%, that’s very high returns.
Software platform, I would give them 10 out of 10. I think it’s the best I’ve seen in a long, long time. There’s just so many great things about the whole interface, the usability, the layout. It’s got some great features. With the actual chart that it shows, it’s almost up the level of a MetaTrader chart.
You can actually even put chart into candlesticks, as well, different time periods. You can actually add some basic indicators, some trend lines. So it’s got a lot of options, a lot of options.
The customer service, I’ve given 9 out of 10. When I first inquired about joining the broker, they were basically replying to me straight away. Very good customer service.
Banking options is probably the only point I think they are lacking. They could offer a few more. They do have all the main ones, which we’ll go through later.
And expiry times. They have turbo trading there, which is 60 second trading. And then the expiry options are start from 15 minutes. So I gave that an 8 out of 10.
So a bit about the company. It was founded in 2013. It’s CySEC regulated.
OK, so if you move onto the contacts page, you’ll see that they have a support email, [email protected] Also they have a Skype Option. So you can just add them on Skype and that’s one way to get in touch with them.
Also they have the make contact number here, which is a UK number. And also, the head office is actually in Cyprus. You can also, actually, contact them via their ticket support system as well.
All right, so moving on to a bit more about IQ options in terms of their account options. They offer a 92% returns. The minimum deposit is $10. So it’s actually quite good if you just want to give them a try. And deposit a small amount just to see that you can deposit. And then you can also actually withdrawal your money, as well, before investing in larger amount.
The minimum investment amount is $1.00 or $1.00 per trade. And the maximum is $1,000.
They also offer a demo account, which I’m actually using right here for this demonstration. Also, if we go into the banking options. So we go here on the left hand side. You’ll see there’s a personal cabinet function. So just click on deposit.
And you can see here that you can deposit from as low as $10, all the way up to a maximum of $5,000. And also, your deposit options are bank cards, MasterCard or Visa. eWallet solutions are Skrill, web money. I believe they also offer for Russian deposits Yandex.
And the currency you can deposit in, you have four choices. USD, Rubles, Pounds, or Euros. And also you get some deposit bonuses if you actually deposit as much as up to $100. But remember, there are going to be terms and conditions with the deposit. So be careful to read the terms and conditions before accepting a bonus. If you don’t want the bonus, simply deselect the check box.
So moving to the withdrawals. You’ll see here you can withdrawal back to your bank card. Do a wire transfer or back to Skrill. So that’s fairly straightforward. You’re going to find that it takes up to three days to process your withdrawal.
And make sure you have all your ID compliance in check. Otherwise, they’re going to simply not allow you to withdrawal until you’ve actually proved who you are. So that might be a government ID, photo, maybe your latest bill at your address.
For VIP traders, you’ll have same day withdrawals. OK, so that’s a bit more on that, on banking. So we’ve covered that.
So now onto the trading platform. So like I mentioned before in my introduction, I think it’s the best trading platform I’ve seen for a long time. So basically you’ve got your turbo option, which is just your 60 second option. Then you’ve got your normal high low buyer in options.
So once that loads up, you’ll see here you’ve actually got a nice looking chart here, nice big chart. You’ve got the asset that you currently own up here, highlighted in blue. You can quickly switch to other assets as well. Or drill down to the one that you might want. Whether you want FOREX pairs, indicies, or commodities. Really up to you.
In this demonstration, they’re actually only allowing you to try on the Euro USD. But obviously when you have a real account, everything’s open.
So moving on to the actual chart itself, you can actually switch to a candle bar chart. Which I think is quite, quite nice. You can add some indicators, as well. There’s moving average, Bollinger Bands, RSI.
You can put in some lines. Those support and resistance lines, if you’re really into a technical analysis. Put in trend lines, as well. You change the colors of those lines. So I think that’s all really good stuff. You can zoom in, zoom out, as well.
And one thing I really like here is the actual expiration time here. So you can actually watch when you’re actually going to be in and out of the money.
So on the right hand side here you’ve got your investment amount. So you’ve got a drop down box here. In real money mode, this will be from $1.00 up to $1,000.
And then you’ve got your expiries here. So it goes in 15 minute lots. So the next one is in– the current time right now is, I think it’s in Australia, just 1:30. So next one’s 1:45. Or if you want to go to two o’clock, you can see here. You can see the actual graph changing here with the expiration time and where we are currently in time. Or end of day.
So we’ll have to zoom out. It’s probably not going to show on the chart unless I get the scroller and– probably not going to show on the chart there. But you can see there.
And then you’ve got your two buttons here. Your port and your call options. Remember, you can also unlock a one click execution. So there’s no confirmation. So when you click these buttons, the trades going in.
And then, also, you can see if there’s any current positions that you’ve got at the moment. I’ve got one here that I traded earlier, before I’ve recorded this video. And it closed position, as well, as you see here. So I put in $50 and I got a [INAUDIBLE] return.
Now down in the bottom here, you’ve basically just got recent trades of fellow traders. You can see what country they’re from, how much they’ve actually invested. What direction they’re invested. And that’s actually on the same currency that you’re currently on. You can actually filter this to show only traders higher than $100 or traders higher than $500, for example.
You can see here this is what other people are trading currently. It just gives you a bit of information, as well.
So we’ll go through a live example. I’ll switch to turbo options. Exactly all the same layout. Except your expiring is always seen in one minute lots here. Just so you actually see what it looks like in a real trader.
So I’m just– basically just for demonstration purposes. You’ll see here a little arrow shows up too on the screen. Which way you’ll be choosing.
So we’ll do a call. We’ve got a $50 investment amount. I might make the deadline. I’ll make the deadline. 139. So we’ll do a call. So that’s gone in.
So we got open position here on the AUD card.
So you get a nice little sound here. So that was in the money. So it just gives you a little rundown of what’s happened there. So there you go. And then the actual balance at the top here gets updated straight away.
So some other things about this, it only offers high low. So you don’t have any other One Touch options or letter options. It doesn’t offer any of that. Basically just your high low options.
You can view this on your tablet. Actually, if you can download– if you have Android or an iPhone– and you can download the mobile smartphone visions of IQ Option, as well.
And yeah, it covers all your assets.
So if this is the first time that you’ve actually watched one of my videos, you might not be aware that we’re actually offer– have an exclusive offer if you download IQ Option via my website. I’m actually giving you a risk free trade.
So if you happen to lose on your very first trade, I’ll refund that up to $100. So that’s just an exclusive offer by joining option via binaryoptions.education.
So if you have any questions about IQ Option, please put them below this video. We really like to know if you think if there’s anything you can improve on IQ Option. If there’s some features that they’re lacking. If you’ve actually tried it, let me know. I’m always interested to see what other people have to say about various other different brokers out there.
I think this is one of the best ones out there. I think a lot of people are going to switching from their current broker to IQ Option. It’s just a great layout, great interface, very good returns. This pretty much ticks all the boxes.
Sorry for you US traders out there and you Japanese traders. You can’t actually create an account. But for everyone else, I think this is the one to choose.
So if this is the first time you’ve been watching one of my videos, I encourage you to subscribe to my channel. Subscribing to my channel is a way of bookmarking my site on your own YouTube feed. So that every time I uploaded a new video, it’s going to be straight in your video feed.
And you’re just going to know what’s happening out there in Binary Options land. Also, I’ll have tons of more broker reviews. So just click on the links and you’ll go to more broker reviews.
Also, if you’re interested in Binary Option Signals, please click that link. And you can go to PIP365 and various other signal services.
So yeah, I think that’s about it. So if you actually want to join IQ Option, just please click on the little link overlaying this video in YouTube. And you’ll get taken straight to the site.
So until next time, may all your trades be profitable.
Cherry Trade is an honest broker and not associated with any bonus or promotional scams.
RISK WARNING: PLEASE NOTE THAT BINARY OPTION TRADING ENTAILS SUBSTANTIAL RISK OF LOSS, AND MAY NOT BE SUITABLE TO EVERYONE