One with the hardest things to perform when it comes to trading binary options is to pick a site to trade them on. There are literally hundreds of choices out there depending on your geographical area. That is why we take our obligation of doing reviews so seriously because we all know you don’t have the time to go through and look at every one of these sites to trade on yourself. Today we'll take a look at a forward thinking and progressive binary options broker called ‘IQ Option’.
IQ Option first came to the scene in 2012 and possesses gained a steady amount of investors subsequently. When we checked online we found your website gets very favorable reviews which is generally well regarded by folks traded together. The site definitely caught our attention once we discovered just how much those that traded with these highly regarded this web broker. Here is our report on what we feel is definitely a well done and worthy site to trade binary choices on.
We will walk you through everything from the signup to your website right on to placing trades and customer support.
Basic information:
Online since: 2012
Jurisdiction: Seychelles
Software: IQoption
Max Returns: 92%
Bonus: 100%
Minimum Deposit: $10
Minimum Investment: $1
Maximum Investment: $1000
Currencies: USD, AUD, NZD, RUB, CAD, EUR, GBP, Yuan
Mobile: Yes
Countries: All nations excluding the USA, Japan, Canada, Israel, Syria, Sudan and Iran
Pros:
– Very good deposit bonus
– Good various options
– Excellent returns
– Interface is quite friendly
– Smallest minimum investment we have ever seen
– Regulated from the respected CYSEC agency
– Stand-alone demo account
– Interactive learning tools
Cons:
– No customers from USA, Japan, Canada, Israel, Syria, Sudan and Iran accepted
7 Binary Options Rating:
5 stars
Start trading
Sign Up
The landing page for signing up to your website is very straightforward and easy to understand which was echoed within the actual signup process gain access to the website. We just were required to fill out a fairly easy form, verify our identity by providing some information and then make a deposit gain access to use the broker for placing binary options trades. IQ Option was nearly the same as other web brokers we now have signed up with so we found it a simple process to acquire done.
Right from the bat we were amazed that all it took was a low minimum deposit of $10 USD or British Pounds to obtain started trading. That is almost the lowest deposit we have ever seen to enter into trading using a web broker; that type of dollar amount really lets anyone who wants to trade binary options do it despite their income level. We invested a tad bit more than that because we desired to see how well their bonus worked but so far i was not powered down at all by the signup process and were getting excited about seeing what else they did right with their brokerage website.
Bonuses
There are only too many bonuses this innovative binary options web broker offers its many customers. As you trade on your website you will notice once you hit certain trading milestones that you'll suddenly unlock an extra you were not expecting. Surprises available as extra money to have business dealings with are never hard to take.
You also can earn to a 100% signup bonus for the amount you deposit. This type of bonus is a superb way to feel you are not risking your hard-earned investment money as you grow better at binary options trading and yourself get used to employing a new web platform and system. What is nice about IQoption is even the lower account level still provides a generous 80% signup bonus; so even though you only deposit the minimum dependence on $10 you still get a few extra dollars to trade with; such a great feeling which is.
Types of accounts
IQ Option likes to keep it simple and treat everyone fairly no matter just how much they invest so you can find only two different account levels on the site Here is what they all have to offer:
IQ Option Real Account
This level account starts having a low $10 deposit.
There are cashback options that go with it approximately 45%
all assets are available to trade
weekly webinars are included
bonuses will go as high as 80% upon signup every additional deposit
Real members can go into the web brokers trading competitions
For deposits of $100 or even more the investor can also get access to free trading signals.
IQ Option VIP account
This account requires a primary deposit of $1000 or maybe more
60% cashback bonus
Includes usage of VIP webinars
Includes trading signals for free
Up to a 100% bonus upon signup and so on each subsequent deposit
Faster withdrawal times
You will be appointed a personal account manager
All VIP accounts can partake inside a monthly analysts meeting to aid plan their trading strategy
Learning Tools
We are actually telling you all along that IQ Option is being among the most innovative websites that we now have ever run into. How do we understand this really was? How about the belief that they were the first to offer their customers a free demo account to apply and learn on; it would be a tool that sent a ripple effect during the entire industry as numerous online binary options brokers and binary option robot followed suit and added these phones their report on learning tools.
Their free demo account helps those that trade using them learn how to operate the trading platform and it also teaches them the finer points of binary options trading before they enter in the actual trading platform and start risking real cash. Demo accounts offer site users a virtually risk free introduction to binary options trading for sure. IQ Option’s stand-alone demo program even includes an educational webinar that goes along with it.
The excellent and innovative learning tools don't stop with the free demo account either. IQ Option has also been one in the first sites to make available interactive learning for their users too. It is just another way to have ahead inside binary options trading market; the site truly believes which a well-educated binary options trader carries a better chance of being a successful binary options trader.
There are additional learning tools like free webinars, instructional videos, tutorials along with a handy eBook too. They will do what it takes to get any level investor successfully trading binary options on a consistent basis almost automatically. So whether you are a novice trader or consider your seasoned binary options trading veteran, you can find something useful in their abundant learning section that will assist you be more successful.
Assets
If you like to have a great deal of options so far as different assets to trade on your own binary options then you've come to the right place. IQoption offers over 70 different choices to trade on, many of which are popular stocks like Wal-Mart, Google and Apple. They offer their users the opportunity to choose between stocks, indices, commodities and matched currency pairs to do business with. There is enough various assets that any level trader are able to find ones these are comfortable trading and can place winning trades consistently with.
Trading Platform
IQoption decided once more to be innovative and design a trading platform they thought would really attract their many traders and become simple to use and understand. Well they did a great job at this. Their trading platform is one of the best we've seen
It is outlined nicely and easily menu driven. It also has unique zoom and custom layout features which are quite unique to put it mildly. It is a platform that will entice all level traders to put it mildly.
Placing Trades
The well-designed trading platform helps it be very easy to complete trades on the web site. The minimum investment is $1 and also the maximum investment is $1000 dollars so it gives you along with the other investors on the site a wide range of investment options you need to use based on how confident you are in the trades you need to make and the quantity of risk you wish to go as well as that.
All you need to complete to place a trade is sign on top of the website and go to the trading page. From there you decide on the sort of option you wish to trade, the asset you want to do business with the option and also the amount you want to invest. All this might be quickly done with just a few simple clicks; it is definitely that easy to position and execute a trade on IQ Option. You will be spending your time picking winning trades rather than trying to position trades on a tough to use platform like other sites have.
Return on Investment
What is the foremost thing it doesn't matter what binary options website you're using? That is right, it’s about making profitable trades and IQ Option offers you all the tools you have to make that happen on a regular basis. When you do make a successful trade you will often profit just as much as 92% for the money you invest. That is a return on investment that is certainly much higher than another form of financial market trading in addition to being good as or much better than you will see with a lot of other binary options brokers.
Banking
It will be as easy to generate deposits on IQoption because of every one of the different forms it is possible to pay your deposit. They allow you to use such things as Visa, MasterCard, bank wire transfer, Skrill, POLI, Maestro, CashU and WebMoney to quickly make in initial deposit and get you to the website to start trading.
As was mentioned before the minimum deposit of $10 is quite low compared for the rest of the binary options brokers.
Making withdrawals is definitely an streamlined process also. They will generally be processed in 1-3 working days and they could be done in numerous of the same forms as was adopted to make your deposit. Keep in mind that in order to produce a withdrawal the first time you will need to send scanned copies of one's government issued ID, a scanned copy of a utility bill along with a scanned copy of your respective signed credit card if which is the withdrawal method you are using.
There are fees from $5 – $10 determined by the withdrawal method, so you have to get careful there however the minimum withdrawal is just $10.
Learning Tools
We have been telling you all along that IQ Option is among the most innovative websites that we now have ever find. How do we understand this really was? How about the truth that they were the first to make available their account holders a free demo account to practice and learn on; it would be a tool that sent a ripple effect through the industry as many online binary options brokers and binary option robot followed suit and added these phones their list of learning tools.
Their free demo account helps those that trade together learn how to operate the trading platform looked after teaches them the finer points of binary options trading before they type in the actual trading platform and initiate risking real cash. Demo accounts offer site users a risk-free introduction to binary options trading for certain. IQ Option’s stand-alone demo program even includes an educational webinar that goes along by using it.
The excellent and innovative learning tools don't stop using the free demo account either. IQ Option has also been one in the first sites to make available interactive learning for users too. It is just another way to obtain ahead inside binary options trading market; the site truly believes which a well-educated binary options trader carries a better possibility of being an excellent binary options trader.
There are additional learning tools like free webinars, instructional videos, tutorials plus a handy eBook too. They will do what it takes to have any level investor successfully trading binary choices on a consistent basis almost automatically. So regardless if you are a novice trader or consider your seasoned binary options trading veteran, you can find something useful in their abundant learning section that will help be even more successful.
Assets
If you love to have a lot of options so far as different assets to trade on your own binary options then you have come to the right place. IQoption offers over 70 alternative ideas to trade on, many of that happen to be popular stocks including Wal-Mart, Google and Apple. They offer their users a chance to choose between stocks, indices, commodities and matched currency pairs to trade with. There is enough selection of assets that any level trader can find ones they may be comfortable trading and may place winning trades consistently with.
Trading Platform
IQoption decided once again to be innovative and design a trading platform which they thought would really entice their many traders and become simple to use and understand. Well they did a fantastic job at this. Their trading platform is probably the best we've seen
It is presented nicely and easily menu driven. It also has unique zoom and custom layout features that are quite unique as you would expect. It is a platform that will appeal to all level traders to say the least.
Placing Trades
The well-designed trading platform causes it to be very easy to execute trades on the website. The minimum investment is $1 as well as the maximum investment is $1000 dollars so it gives you and also the other investors on the site a wide range of investment options you may use based on how confident you are inside the trades you would like to make and the volume of risk you need to go in addition to that.
All you need to perform to place a trade is sign onto the website and go to the trading page. From there you end up picking the form of option you need to trade, the asset you want to have business dealings with the option and the amount you want to invest. All this could be quickly carried out with just a few simple mouse clicks; it is that easy to place and start a trade on IQ Option. You will be spending your time picking winning trades as an alternative to trying to put trades on a challenging to use platform like other sites have.
Return on Investment
What is the best thing whatever binary options website you are using? That is right, it’s exactly about making profitable trades and IQ Option offers you all the tools you should make that happen on a frequent basis. When you do make a successful trade you will sometimes profit just as much as 92% on the money you invest. That is a return on investment which is much higher than every other form of financial market trading so when good as or a lot better than you will see with a lot of other binary options brokers.
Banking
It will be as easy to make deposits on IQoption because of all of the different forms it is possible to pay your deposit. They allow you to utilize such things as Visa, MasterCard, bank wire transfer, Skrill, POLI, Maestro, CashU and WebMoney to quickly make a deposit and get you to the website to start trading.
As was mentioned before the minimum deposit of $10 is extremely low compared on the rest of the binary options brokers.
Making withdrawals is definitely a streamlined process also. They will generally be processed in 1-3 business days and they can be done in many of the same forms as was utilized to make your deposit. Keep in mind that in order to create a withdrawal initially you will need to send scanned copies of one's government issued ID, a scanned copy of the utility bill plus a scanned copy of the signed charge card if which is the withdrawal method you are using.
There are fees from $5 – $10 according to the withdrawal method, so you have to be careful there although the minimum withdrawal is $10.
Customer Service
Customer support was very useful and very efficient at resolving issues but we had some problems using the way the customer service was handled. There is no phone or live chat selection for customer service so we were higher than a little amazed at this. It meant there is no way to get an answer with a question or concern of what would be a timely manner.
Of course you're assigned a free account manager that will help you with any issues or concerns you have while using the web page but they are not available 24/7 so at days past you may find yourself waiting for an answer. We feel that IQ Option is ok here however, there is definitely room for improvement.
Noted Drawbacks
This is the type of site that traders in the USA and japan would be thrilled to position trades on unfortunately the citizens of people countries cannot trade on IQ Option; that's something that the web page’s management may want to work on inside future.
Key Features
There is simply a whole lot to enjoy about the IQ Option broker. Their very low minimum deposit offers entry in to the binary option marketplace for nearly anyone. Knowing they are regulated by CySEC means this is a fair and reputable site that may be trusted and it also gives their customers peace of mind that there money is processed and retained in the European Union based bank-account.
We also liked quite definitely their innovative and forward thinking learning tools. It is incredibly unique that their highly helpful demo account provides for a stand-alone account instead of being part of the regular trading platform; this gives the tech team at IQ Option to put features in the demo which make it more bear much resemblance to the actual trading for the real website. The interactive learning tools will help you get ahead of the learning curve faster than more traditional learning tools also.
Conclusion/Summary
It is really easy to see why IQ Option became so popular so fast. We loved that we were holding courageous and innovative enough to develop their own web platform for many users to trade on. We also give high marks to any site that's confident enough in their business practices allowing regulation.
They back everything with outstanding customer service and the high marks that will get on reviews such as this show their dedication to help those who trade together be successful leave them having a positive trading experience. Simply put, we give this binary option broker a major thumbs up and would recommend any trader of the knowledge level to offer them a go. You surely won’t be disappointed should you choose.
To indicate IQ Option won us over and impressed us a whole lot will be making a major understatement to put it mildly.
Additional information
Customer Service: Email: Support@IQoption.com
Languages: Indonesian, Turkish, Portuguese, English, Spanish, Italian, Russian
Trading Options: High / Low, 60 second and others
Assets: Currencies, Stocks, Indices, Commodities
Early close: No
Expiry Times: 60 second, 2minutes, 5minutes, 15 minutes, 1 hour and End of Day
Deposits and Withdrawals: MasterCard, Visa, Skrill Moneybookers , Bank Wire transfer, Maestro, POLI, WebMoney and CashU
Withdrawal Time: 1-2 days
Demo account: Yes
