IQ Option Review
IQ Option is an online trading platform established in 2013. The company is owned and operated by a Cyprus Investment Firm called IQ Option Europe Ltd. which is a regulated entity. Since IQ began its operations in 2013, over a few short years, this broker has been able to differentiate itself from other brokers in the industry.
The most obvious difference is the IQ Option trading platform. Instead of choosing a white labeled trading platform that is provided by a third-party online trading solution provider, IQ Option developed its own trading platform designed specifically to meet the needs of traders. For example, the IQ Option system is integrated with the advanced charting package and a wide range of pre-loaded technical indicators such as Moving Average, Bollinger Bands, Alligator, RSI, MACD, Parabolic SAR etc.
Another factor that makes IQ Option very attractive among traders is the minimum deposit requirements. The minimum deposit requirement is $ 10, IQ Option made online trading accessible to everyone. There is also a free demo account that IQ Option customers can register and use to test IQ Option services without having to risk their money first.
IQ Option Trading Platforms
Unlike most brokers in the industry, IQ Option uses a special trading platform developed specifically to meet the business needs of the broker`s clients. In December 2015, they launched the latest version of the trading platform, the IQ Option 4.0 platform. The upgrade of the platform was intended to ensure a smooth trading experience for IQ Option traders. Some of the new features that can be found on Platform 4.0 include allowing traders to extend their market analysis to a one-month timeframe using candlesticks. In addition, IQ Option added two years of price quotes to the historical price database, enabling traders to access a wider range of historical price data before making their trading decisions.
Other advanced trading features that can be found in the IQ Option 4.0 platform include the addition of several new technical indicators such as Stochastic Oscillator, Awesome Oscillator, MACD and Parabolic SAR. These new additions will certainly help improve market analysis for traders using the IQ Option trading platform.
IQ Option also offers mobile versions of their recently introduced trading platform. The mobile trading app can be downloaded from the Google Play Store and Apple App Store. Based on the Apple App Store ranking, the IQ Option for mobile is rated high in many countries.
IQ Option Products
In terms of available assets, IQ Option has different types of assets to choose from: Major Currencies and Minors Forex Pairs, Commodities, Cryptocurrencies, US Stocks, Euro Zone, Global Stocks, Global Indices etc.
Types of IQ option accounts
IQ Option provided traders with 3 different types of trading accounts.
Standard trading account
VIP trading account
Standard Trading Account:
A standard trading account only requires a minimum deposit of $ 10. With this account, traders can access all available trading instruments and can participate in IQ Option tournaments.
VIP Trading Account:
For traders who wish to receive additional special service, they can choose a VIP account. A VIP account requires a minimum deposit of US $ 3,000 and gives VIP account holders access to additional trading features such as:
3% * additional payout
Free entry to tournaments
The demo account is free to access and only traders are required to register with IQ Option. Registration is a simple and fast process that can be done by filling out the registration form and sending it to IQ Option or simply logging into the IQ Option using your Facebook account. Once you sign in to your demo trading account, you will receive $ 1000 virtual cash to be used in your trading.
IQ Options deposits and withdrawal
The deposit can be made in the IQ Option through several methods such as credit cards, E-Wallets and bank transfers. All major credit cards such as VISA, Master Card, and Diners are accepted by IQ Option. For E-Wallets, the supported portfolios include Neteller, Skrill and Webmoney.
For withdrawals, the methods used are the same as the deposit procedure. IQ Option does not impose a minimum amount of withdrawal. Debit requests are normally processed within 24 hours. However, you must note that it can take up to 7 days before the full checkout process is complete.
IQ customer support
Customer support is available at IQ Option 24 hours a day, 7 days a week, and direct chat support is provided to all IQ option customers who have deposited funds in their trading account. However, an IQ option should be commended for supporting their websites in twelve different languages for non-English-speaking traders.
IQ Option does not accept traders from the following countries: USA, Canada, Australia, Belgium, Israel, Palestine, Japan, Sudan, Syria, Iran, North Korea, the Russian Federation and/or any country of the European Union.
IQ Option has received various prestigious awards such as Best Binary Options Broker & Best Binary Options Broker/Trading Application, Award of Excellence, The Intelligent Trading Aps for Binary Options, Century International Quality Gola ERA Award, Most Innovative Binary Options Broker, Best Trading Platform, World`s Leading Binary Options Brokers, Most Reliable Binary Options Broker etc.
How to Choose a Best Binary Broker 2018
Every year, new binary options platform are being launched. Hundreds of binary options brokers will turn into search results. With so many options, it can be difficult for the beginner to decide which broker to join. Choosing the best binary options broker is one of the most crucial decisions because you are the investor of your assets. In order to trade binary options in a safer way, it is important to have a reliable broker service. Therefore the selection of reliable broker opens the door to profit from various features of the binary options business. Here are some factors to keep in mind:
1. Proper Regulation:
The first and most important thing is regulation. Proper regulation helps to ensure trade loses, keeps your fund secure and segregated accounts and maintains fair behavior practices. When you select your broker you will need to know that they are a real business and your money is going to be safe. There are some important things to determine if you can trust the broker or not. Always look for their licensing information if they are licensed then it is a good sign of a reputable company. You can also view online reviews to see the different reactions. We strongly recommend that you select a regulated broker with a clean regulatory record to take advantage of these protections.
To open an account with the binary broker, you send a lot of personal and financial data. Brokers often require copies of your bank account information and credit card number along with your passport, utility bills. Your personal financial data can be stolen from poor internet security practices. Trade activity hampered and even you have been put at risk for identity theft. Therefore, security is more important in online trading.
3. Deposits and Withdrawals:
4. Customer Service:
Good customer service is important for every trading. Forex trading is 24 hours a day, therefore customer support of should be easy and the broker can be kind and helpful. Top brokers know that customer support should not be second to anyone. And offer many ways to contact them, including live chat, phone, Skype, call back and email. Having the option of your contact options means that you can feel comfortable talking. The level of support between the brokers is different. So make sure to make it on your checklist when deciding on your favorite binary options broker. Before opening your account, you should check customer service and select brokers who offer excellent services.
5. Currencies Offered:
It is a good idea to choose a broker which offers a wide range of trading currencies. So you can choose a pair of currencies to the maximum return.