Trade Stocks, Forex,
Options and Crypto

Deposits & Withdrawals

Choose between multiple payment systems to withdraw and deposit your funds quickly and securely.
Minimum deposit — €10.

                  

Advanced Platform

Desktop Windows / MacOs / Web / Mobile
 

Free Practice

Refillable free Practice Account of €10,000

24/7 Support

Prompt multilingual support
 

IQ Option Review

Iq Option is the best trading platform we have found on the market. They have all the essential features that a binary options trading platform should have and are always making updates to their platform. Iq Option offers incredible software that will satisfy all traders that are looking for the best bang for their buck. You are going to love using IQ Option as your main trading software. I’ve made this IQ option review as comprehensive as possible and have updated it regularly for the past 3 years. Keep reading and you’ll find everything you need to know about this Broker.
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IQ Option Demo Account

The IQ Option demo account is available for Android, IOS, and PC. To get to know the software, you can first try out the interface using their Free Demo software.

Is IQ Option legit?

“IQ Option Europe Ltd” is verified in Europe by “CySEC” which is registered in Cyprus and EEA Authorized. Secondly, IQ option operates outside Europe under the name “IQ OPTION LTD” and is registered in Saint Vincent and the Grenadines (not regulated). To summarize, IQ Option is a very well regulated and safe broker. The main drawback, however, is that they will not accept users from the US, Canada, Australia, Israel, Syria, Sudan, Japan, North Korea, Belgium, Palestine, and Iran.
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Payouts at IQ Option

The maximum returns reach up to 92% in the case of a successful trade. On the weekend, the maximum returns reach up to 95%. Additionally, the new digital options feature offers higher returns that can go up to 900% of your investment. Keep in mind IQ Option only offers cryptocurrency trades on the weekend. A nice bonus this provider offers are the IQ Option Tournaments. Here you can participate with little or no investment and tournament winners can get very lucrative winnings. Tournaments are only available to users outside of Europe.

IQ Option Software

Our overall score for the IQ Option software is a jaw-dropping 10 out of 10. Their software is the best we’ve seen out of all of our tests. There are so many good things about the whole interface, usability, and design. It has some great features that will be discussed in detail later in this review. General Warning: your capital may be at risk.
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Returns in IQ Option

I have given IQ Option 5 out of 5 for returns. Up to 92% for a successful trade is a very high return for binary options. Furthermore, the new digital options feature allows you to make up to 900% profit * on successful trades. I’ll talk about digital options later in the review. * Of course, what can be gained on the positive side can also be lost on the negative side.

Detailed charts, tools and indicators

You can choose from 4 different chart types including lines, bars, candles, and Heikin Ashi to suit your business needs. If you like technical analysis and trend tracking, you can choose from different drawing tools, such as the trend line, to set support and resistance levels on price movements. Additionally, IQ Option provides you with dozens of different indicators that may be useful to you based on your trading style. All of these functions are easily accessible at the bottom left of your trading interface.

Easy to use

We like the easy-to-use trading layout with well-arranged sections. Finding a specific section is easy enough with a few mouse clicks. The account interface tends to get messy, especially if you have multiple trades open and use multiple windows, but we’ve seen worse from other providers. The broker appears to be aimed at traders in Europe and Asia, so with this in mind, the supported languages ​​come from these regions. Accessibility is further enhanced through the mobile interface, which allows you to operate from virtually anywhere.
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Negotiable assets

This is one of the few brokers that offers more than 10 million different financial assets to trade. Here is a summary of the different assets that you will find on the platform.

Binary Options

IQ Option started by offering binary options. These offer a fixed return (up to 92%) on successful trades. There is no leverage and the maximum amount you can lose is your investment.

Digital Options

IQ Option has recently introduced a revolutionary instrument called digital options. This simply makes trading and the benefits * of options a faster experience.

* What you can gain on the upside you can also lose on the downside

Trading digital options has several advantages, the main one of which is that you can make up to 900% profit on successful trades. The potential profit percentage depends on the chosen strike price.

On the bright side, you cannot lose more than you have invested. Moreover, you can exit an operation early to minimize losses or fix gains. The expiration times of the operation are set at 1 minute and 5 minutes. These are especially suitable for traders in unregulated countries where currency options are not available.

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Basic commodities

This platform offers several basic commodities including gold, oil, and silver. Test them out if you prefer to stay in a position for longer periods.

ETFs

These track asset groups, indexes, and commodities and trade similarly to stocks. Their main advantage is that they allow you to diversify your portfolio and buy just one share.

Stock

This broker gives you access to over 165 CFDs of different stocks from the world’s leading companies.
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Forex

You can trade the world’s most popular currency pairs on this platform and enjoy the leverage of up to X1000 if you are trading from a non-European country. If you’re a European operator, don’t worry because this broker still offers leverages of up to X30.

Forex options

FX Options are another financial product that is suitable for European traders. These simply combine the forex and digital options with a sweet twist: there’s potential for unlimited profits and limited losses. As you have seen with digital options, you will need to select a strike price that you think the financial instruments price will reach. The platform will automatically calculate your expected profit potential *. * Of course, what can be gained on the positive side can also be lost on the negative side However, the FX options have an expiration of 1 hour. But the good news is that you can still exit the trade before maturity to secure profits or minimize losses.

Cryptocurrencies

These are some of the most important assets that can be traded today. IQ Option gives you access to 11 of the most popular cryptocurrencies. Additionally, the broker offers unique leveraged cryptocurrencies. For example, Bitcoin x 100 allows trading with BTC with leverage of X100. This increases your potential for profit (or loss). It should be noted that leveraged cryptocurrencies are only available to operators outside the EEA.

Indexes

IQ Option also allows traders to invest in 11 of the largest indexes in the world. You are offered leverages of up to X150 when trading indexes on this platform.

Number of assets and expiration period of the operation

IQ Option focuses primarily on short-term maturities. If you want to hold positions in the very short term, you have access to turbo options that have an expiration of 60 seconds and 120 seconds. Short-term options have maturities of 1 minute, 5 minutes, and 5-minute increments thereafter. The maximum term to maintain a trading position is 1 month This broker offers decent effective returns where a successful trade can go as high as 92%.

Customer Service

We’ve given customer service an above-average 4 out of 5. When I first asked about joining the broker, they responded to me right away. On average, you should expect the support team to respond to your requests in less than a minute.

Deposit at IQ Option

You can choose from several deposit methods including debit/credit cards and eWallets like Skrill. Due to customer demand, IQ Option has recently introduced ADV Cash and AstroPay as accepted payment methods. This further facilitates the incorporation of new operators to the platform.
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Expiration times from 1 minute to 1 month

How long do you want to maintain your trading position? 1 minute? 1 month? Well, IQ Option offers various trading expiration periods that are highly dependent on the asset you are trading. For example, binary options positions can be held for 1 minute or 5 minutes. Another interesting feature is that you can configure the entry of the operation to occur in the future, for example, in the next 3 minutes.

A little more about the company

The company was founded in 2013 and is regulated by CySEC in Europe. IQ Option is also licensed by the EEA. However, due to EEA regulations, IQ Option will only offer a select collection of its financial products to European users. This broker is a subsidiary of IQ Option Europe Limited and is based from the Yiannis Nicolaides Center in Agiou, Cyprus. This company’s registration number is HE327751, while its CySEC license number is 247/14. IQ Option offers its services to citizens of most countries in Europe, Asia, Latin America, Africa, and the Middle East. They have international support which can be accessed 24 hours a day, 7 days a week in multiple languages. The support team can be contacted through different means including telephone, email, chat, and Skype. We called their UK number +44 20 8068 0760 and can confirm that it works without issues.

Deposit at IQ Option

Let’s talk more about the account options at IQ Option. The minimum deposit is $10, which is great if you want to test the platform out before depositing more money. Additionally, you can withdraw your money before investing a larger amount. The minimum investment amount is $1 per trade while the maximum is $20,000. Deposits range from $10, up to a maximum of $5,000. The deposit options offered are bank cards, MasterCard or Visa, e-wallet solutions, ADV Cash, AstroPay, and Skrill. Deposits take a short time to process and will be reflected in your trading account. In most cases, it will be instantaneous.

IQ Option Withdrawals

IQ Option introduced instant withdrawals in 2016. The net result is that your withdrawal request is processed faster and you will receive your money sooner. Withdrawals can only be made to the account you used for the deposit. For withdrawals to be successful and quick, proof of identity will be required. Therefore, make sure you have a fully verified account before making a withdrawal request.

Download the IQ Option Smartphone app

Trading while on the go using your Smartphone is one thing that makes IQ Option stand out. You can download their iOS or Android app for free and start trading instantly. A great thing about these applications is that they continue to offer the same features that you will find in the browser-based or desktop application.

Should I open an IQ Option account?

We recommend that you at least test the platform out with a free demo account. Click on the link below, and try the free demo account to see the platform for yourself. General Warning: your capital may be at risk.
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What makes IQ Option stand out?

IQ Option has done a lot to stand out from its competitors. Its platform is very easy to use and interface navigation is very intuitive. Accessibility is also a great advantage since the platform can be accessed through a web browser or a desktop/mobile application. In an attempt to ensure user satisfaction, IQ Option has invested heavily in a rich collection of educational resources. There are over 200 educational videos, real-time financial news, and detailed articles to help traders stay informed on the latest market trends. We also liked the fact that you do not need to provide any personal information to open up a demo account. Additionally, their selection of negotiable assets is enormous. These include not only binaries, but also cryptocurrencies, ETFs, stocks, and commodities. EEA retail traders cannot trade binary options on the platform. However, they can still trade forex options that offer returns as high as binary options.

What are the disadvantages of IQ Option?

We find that this broker is primarily focused on investors who prefer short term trading. The expiration terms on a trade normally expire at the end of the day, unless you establish a shorter term. However, there is an end-of-month option, which is the longest that a trading position can hold. This makes IQ Option an unattractive option for traders who want to hold long positions that span several months.

Should I open an account with IQ Option?

We have collected the information below to help you decide if IQ Option is for you. The IQ Option website is well designed without much marketing clutter. Opening an account is an easy process. For the demo account, all you need to do is provide your name and your email account to gain access. The real cash account requires that you send copies of identification documents. After this is done, verification can take between 4 to 7 business days. IQ Option has gone the extra mile to provide useful learning resources for traders. More than 130 high-quality videos are hosted on the site. These range from beginner training to more advanced trading topics. Additionally, they provide a blog that provides real-time updated information about the markers. There is also a detailed FAQ section where you can get answers to the most frequently asked questions. Depositing money into your account is easy and IQ Option accepts various payment methods, including electronic wallet, credit card, and bank transfer. New payment methods are always being considered and added to the platform. Recently, they have added ADV Cash and AstroPay cards to their growing list of accepted payment methods. The amount of time it will take your trading account to be credited will depend on the payment method you choose. The minimum amount you can deposit is $10, which is quite fair compared to competing brokers that require a minimum of $250. Depending on the instrument you are trading you may invest as little as $10. Withdrawing winnings is easy and you can request withdrawal to one of the payment methods mentioned above. However, IQ Option will normally send withdrawals to the payment option you used when you deposited the money. Card withdrawals have a higher priority, so it’s worth considering using this option before opening a trading account. The trading interface is well designed and you can access a variety of functions with a single click on the interface.

Some of these features include:

  • Your trading history detailing all of your previous trades
  • Ability to choose an asset simply by clicking the plus sign that appears at the top of the interface
  • The leader board that shows you how other traders are preforming in terms of earnings
  • Tournaments that are about to start
  • Market analysis that allows quick access to the highest performing assets, the profit calendar and the currency calendar. This is a great feature for fundamental analysis.
  • One-click button to reach the support team
  • Different video tutorials
  • Different charts, graphing tools and indicators
Speaking of charts and indicators, IQ Option continually updates them to suit different trading styles. For example, the platform has recently introduced the Ichimoku Cloud, Belkhayate Timing, DPO and KDJ indicators. Excellent customer service is a must for any decent broker. IQ Option offers support through various ways, including phone, email, and recently they have added live chat which is the fastest way to get your questions answered. You can also easily interact with other traders through the chat function which can be accessed directly from your trading account. This is very useful when you are looking for useful tips that can lead to successful trades. What about the effective returns on trades? IQ Option offers up to 92% effective return on successful trades. This is significantly higher than what many other brokers currently offer. Trade expiration times are short-term, with quick trade options starting in 60 seconds and ending in 1 hour. The maximum time a trade can maintain is 1 month.

Traders’ complaints about IQ Option

Many of the complaints focused on price differences between actual market prices and strike prices on the platform. Some traders have noted that what they received from a successful trade was significantly less than what they expected. Such complaints could have motivated CySEC’s action, as the regulator recently withdrew a fine it had imposed on the broker for “not executing orders in the best possible way for its clients.” Another reason many traders complained is because of IQ Option withdrawals. Most said their money was taking too long to reach their accounts. However, IQ Option states that it may take up to 45 days for bank transfer withdrawals to reach your account. Fortunately, they introduced instant withdrawals, which means merchants can now receive their money faster. Instant withdrawals are not bank transfers and are available for all countries. The site claims that 68% of withdrawal requests are processed within 24 hours, which is higher than the industry average. As previously recommended, you should carefully choose the payment method you use, as it will affect deposit and withdrawal times. Many traders also praised the platform for its low $10 minimum deposit and other useful features. Since CySEC withdrew the aforementioned fine, complaints seem to have decreased, which we consider a good sign that IQ Option is doing things right.

Contact and customer service

IQ Option excels when it comes to providing world-class customer service. Their support team can be contacted in various ways, including Skype, phone, email, and chat. They are very quick to answer customer questions. There is also a chat feature on your account interface. This allows you to chat with other traders and can be useful when you have a particular question that can be answered by a more experienced trader.

Deposits, withdrawals and bonuses

update:from December 9, 2019 and onward, merchants will have 3 commission-free withdrawals per calendar month. The calendar month is calculated from the first day of the month. Each subsequent withdrawal will incur a commission. The commission will be deducted from the balance of the commercial account and will be reflected at the time of withdrawal. If the withdrawal is not successful, the commission amount will be credited to the account balance. Depositing money into your real money account is very easy with the accepted payment methods. These include electronic wallets, bank transfers, and credit cards. The verification process below could be a bit shorter as it sometimes takes weeks for your account to be verified. The minimum accepted deposit amount of $10 is also quite fair since some brokers require a minimum of more than $250. Withdrawing your winnings is also very easy. However, IQ Option will only accept withdrawals made through the payment method you used to deposit money into your account. (IQ Option does not offer any sign-up bonus. It is a requirement of CySEC Europe.)
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Extras on the website

IQ Option has made great progress in offering many useful features to make trading easier for their customers. Their collection of more than 200 different video tutorials makes it easy to start on the platform. The demo account is also a nice addition and we like the fact that there is no time limit to use it. Your merchant account gives you access to a variety of tools and features that make trading using your preferred pattern easy. These tools include charts and indicators, most of which are not offered by many brokers. Since launching in 2013, IQ Option has become one of the fastest growing online binary options brokers. Its huge selection of tradable assets, learning resources, and merchant-friendly features are just a few of the reasons its growth has been so rapid. When we did our first IQ Option review, long withdrawal processing times, especially through wire transfers, was a major issue. This was handled by introducing instant withdrawals where merchants now get their money faster. The broker has also endeavored to introduce new financial instruments (digital and currency options), higher leverage, more indicators, and other cool features to make your trading experience as smooth as possible. These efforts have not been in vain, as the broker now monitors transactions of more than $380 million per month and average trader withdrawals of $10.8 million per month. This shows that there are a good number of traders on this platform. In general, if you are a beginner or experienced financial instrument trader looking for a trustworthy and fully regulated broker, IQ Option is worth considering. General Warning: your capital may be at risk.

Frequently asked questions

Is IQ Option regulated?

Yes, the company is regulated by CySEC. (Cyprus Securities and Exchange Commission) in Europe, with the license number: 247/14 and is also authorized by the EEA (Authorized Payment Institution).

Where is IQ Option based?

IQ Option Europe is headquartered in Chipre and Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol.

What is the maximum trade size on IQ option?

For both the demo account and the real money account, the maximum investment you can make in one trade is $20,000.

How secure is IQ Option?

In addition to complying with all regulatory requirements, IQ Option takes vigorous steps to ensure the security of their clients’ personal and financial data. All web traffic between the merchant’s computer system and the IQ Option servers is encrypted using SSL technology to prevent any unauthorized access to your account.
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Does IQ Option offer MetaTrader based trading?

No. IQ option has its own designed platform and is not connected to the Meta Trader platform.

What are the best ways to deposit into an IQ Option account?

I have had a very good experience with “Skrill Wallet”. With this deposit method, IQ option does not charge you any extra deposit or withdrawal fee. Besides, signup and money transfer are done quickly and painlessly. Click on the link below to “Skrill Wallet” and see for yourself 😉

What are the best ways to withdraw cash from IQ Option?

Skrill Wallet is the best way to do it since IQ option does not charge you any extra deposit or withdrawal fee. Also, this makes withdrawal possible in any quantity and goes very fast. The last time I withdrew cash through skrill, the money was in my account within 12 to 24 hours. (On working days)

Does IQ Option have a good reputation in the market?

Yes, the broker has built a great reputation over the years, has regulated status, and has won a large number of awards. Also, IQ Option has been growing steadily judging by the number of withdrawals made each month. In 2015, merchants withdrew an average of $1.5 million a month. This increased to over $10.8 million per month. Additionally, they have been the official partner of Aston Martin Racing since 2017. IQ Option has truly shown that they can be trusted in the online trading world.

IQ Option Awards:

Century International Quality Gold ERA Award -By Business Initiative Directions Group
Best Technology Application -By The Web Marketing Association
Best Binary Options Broker Europe 2015 -By Global Banking & Finance Review
Most Innovative Binary Options Platform -By IFM Awards 2015
Best Mobile Trading Platform -By IFM Awards 2015
Fastest Growing Binary Options Brand -By Global Brands Magazine
Best Trading Platform -By Forex Awards 2014
World’s Leading Binary Options Broker -By MasterForex-V
Most Reliable Binary Options Broker -By MasterForex-V
Most Innovative Binary Options Broker -By Show FX World
Best Binary Options Broker -By FX Report Awards
Best Binary Options Broker Trading Application -By IAIR Awards

What are the best ways to open an account with IQ Option?

  • Opening an account is free and easy to do. This can be done by their website, email or facebook.
  • After registering, you can use the $10,000 demo mode account.
  • To change to a real money account you need to make a minimum deposit of $10.
  • After switching to a real money account, it is recommended that you verify your identity as well, as this is necessary for withdrawal to be possible.
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How to use IQ Option in the USA

Unfortunately, the IQ Option platform cannot be used in the United States. The reason for this is that they are not regulated by any authorities based out of the United States.

How to exchange your currency deposit money at IQ Option?

You can only change the currency of your account when making your initial deposit. To do this, click on the “Deposit” button of your demo account. Next, in the deposit window that appears, choose your preferred payment method. Next, enter the amount. Just to the left of the ‘Amount’ field is the ‘Currency’ field. Click on it and choose the currency you want your account to feature.

What is the VIP account on IQ Option?

According to a phone call with IQ Option: “VIP accounts are no longer called that and their benefits are only available to a very limited number of merchants who meet certain conditions”

How to get a real IQ Option account?

Opening a real IQ Option account is quite simple. Just visit their main website – iqoption.com and open a demo account. Next, click on the ‘Deposit’ button at the top right of your interface. This will take you to the deposit window where you can choose the payment method and the amount to deposit. Once you have made your deposit, it will take a few seconds to hours for your deposit to appear in your account. You can now start trading with real money. NOTE:We recommend that you verify your account immediately after making your initial deposit. This will make it easier to withdraw your earnings later on.

Where is IQ Option allowed?

This broker is regulated by CySEC and can offer its services to citizens in most European countries. They are also allowed in unregulated countries, mainly in Asia, Latin America, Africa, the Middle East, and New Zealand. However, it is worth noting that some financial instruments are only available to traders in specific regions.
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Why does IQ Option not let me deposit?

There are two main reasons why IQ Option does not allow you to deposit. The first reason is that the payment method you chose is not compatible with the platform. The easiest way to remedy this is to choose a supported payment method. The second reason could be that you are opening an account from an unsupported country like the United States. We recommend contacting customer service for further assistance.

What are CFDs on IQ Option?

IQ option CFDs allow you to speculate and trade based on the price movements of specific assets (indexes, cryptocurrencies, and stocks). Therefore, you are simply predicting whether the price of the underlying asset will rise or fall in a specific period. Your goal is to capitalize on the difference between current and future prices. With this in mind, there is no predetermined return like you’ll find in binary options.

How to trade Forex on IQ Option?

To trade currencies on the IQ Option platform, you will first need to choose the ‘forex’ option from the asset list. Select the currency pair in which you want to trade. Then choose the amount to invest, as well as the multiplier (optional). Next, apply your trading limits (stop loss and take profit). These allow you to limit losses and also lock in profits in the case that the markets reverse against you. Next, select the direction in which you think the price of the currency pair will move to enter the position.

How to buy and sell Bitcoin on IQ Option?

The only way to buy and sell Bitcoin on the IQ Option platform is through cryptocurrency CFDs. You do not need to own Bitcoin here, rather, you will profit by speculating the token’s price movements. Your profits will be generated by calculating the price difference at the entry and exit of the operation. To get started, follow these steps:
  • Select Bitcoin from the list of cryptocurrencies
  • Enter the trading amount you want to invest
  • Enter trading limits (stop loss and take profit)
  • Click on ‘buy’ or ‘sell’ depending on the direction you expect the Bitcoin price to go
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What are IQ Option digital options?

IQ Option digital options are a relatively new instrument. They allow you to obtain greater profits compared to binary options. How? You can simply choose the strike price (the price you expect the asset to reach) and the period (over which you will hold the previous position). Once this is done, the platform automatically calculates your expected profit. You can also exit a trade before maturity to secure profits or minimize losses.

Which eWallet is better for IQ Option?

IQ Option accepts various eWallets such as Neteller, Skrill, and WebMoney. I would recommend Skrill due to the zero fees and fast processing times.

What is the IQ Option broker app?

The IQ Option broker app is a specially designed software that runs on your smartphone or desktop computer. It makes logging into your business account easier, faster, and more secure. The application runs on Android, macOS, Windows, and iOS devices.

What is the IQ Option multiplier?

The IQ Option multiplier is a special feature that allows you to trade with “borrowed” money. For example, if you are entering a trade by investing $100, you can apply an X50 multiplier, which means that your investment is now $5000. If your trade is successful, you will earn 50 times more than if you simply traded at $100.

What is crypto on IQ Option?

This is simply a short form for cryptocurrency. Cryptocurrencies are a form of virtual currency that is supported by blockchain technology. Lately, they have become one of the most popular financial instruments among traders worldwide. IQ Option currently offers 11 different cryptocurrencies available to trade.
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