IQ Option Review – Trading On IQ Option – Demo, App, strategy, Tutorial

 
IQ Option is one of the most transparent, trusted, and resourceful online trading platform especially for beginners as well as experienced traders and in this IQ Option Review, we will explain why traders should choose this online trading platform as their trading broker.

In IQ Option, it is possible to earn the highest amount of profit by investing a minimum amount.

This online trading broker is exceptional because it is the fastest growing online trading brands in the world.

IQ Option founded in 2013 with an objective. The main objective is to deliver the fastest, accurate and user-friendly trading platform.

The broker offers such an unbelievable offer for all types of asset traders.

They started their business as a fully-formed of Binary Options Broker. At this period along with the Binary Options, this broker platform is also offering trade classes like CFD, Stocks, Forex, Cryptocurrency, ETFs, Indices and Commodities. They also claimed themselves as a Dealing Desk Broker.

Note that, Binary Option is only available for non-EU traders.

The minimum investment amount is only $1.

Depositing amount is only $10. However, $20 amount is required to open a Forex or a CFD position. Moreover, the maximum profit is 93%, which is no doubt the highest rate of return in the trading marketplace.

IQ Option supports their traders with excellent trading instruments along with the best trading tools, market updates, newsletters, calendars and many more.

However, we come up with all of their features and you will get the complete concept on this trading broker.

• What is IQ Option?
• Why You Should Choose IQ Option?
• Step by Step Process For Signup, Login And Account Verification.
• Free $10,000 Virtual Demo Account For Practice.
• Different Types of Account – How to Get VIP Account?
• IQ Option Trading App For Mobile And Desktop.
• What Type of Assets You Can Trade?
• Best IQ Option Strategy List.
• What is OTC Trading And How To Use?
• How to Get OTN Token?
• Complete Overview on IQ Option Trading Platform.
• List of Trading Indicators and Charts.
• How to Join in Tournaments?
• Education And Tutorial Provided by IQ Option.
• Step by Step Process for IQ Option Withdrawal And Deposit.
• How to Get Customer Support? – IQ Option Contact Details.
• Is IQ Option Scam or Not?

 

Trading Instruments Restriction: EU And Non-EU Countries

Note: Please note that EU (European Union) countries and Non-EU countries has restriction on the following trading instruments –

EU Countries: Binary Options and Digital Options are not available for EU (European Union) Countries.

Non-EU Countries: FX Options are not available for non-EU Countries.

 

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that IQ Option Broker does not accept traders from the following countries –

 

IQ Option Review – What Is IQ Option?

High Capital Risk Is Involved In Financial Trading

Since 2013, IQ Option has been successfully operating their business in the trading market with the best trading instruments and classes.

It is owned and operated by IQ Option Ltd. The domain and all rights belong to IQ Option Ltd.

IQ Option Registration No.is 24840 IBC 2018.

The company is also based in Cyprus and regulated in the EU. The license number is 247/14, which they acquired in the back 2014.

The broker platform is both licensed and regulated by CySEC, which stands for Cyprus Securities and Exchange Commission.

The motto is –

“Trade at the moment, invest in the future“.

This broker wants to ensure transparency so that a trader’s interest can be ensured. Thus, dealing with this broker is sound and secure.

The broker has its own trading platform. It uses proprietary software, which is user-friendly to access and operate.

Trading, using this platform is smooth and trouble free.

The number of registered customers is growing day by day. As per the statistics which is available in their official site, the numbers of registered users are over 25 million till 2017.

From their journey in 2014 till 2017, more than 1.8 million number of transaction made per day.

As per their statistics (2014-2017), the transaction is worth $380 million per month.

The broker platform is worked with traders who are from more than 170 countries.

As of 2017, 78 dedicated customer support member is there to help traders with various information. At this moment the number must be increased.

You do not need to consult with the dictionary because you can perform your trade in the native language.

Over the world, more than 700 dedicated specialists work for traders to provide the ultimate best service.

Note: **Amount to be credited to account for a successful trade.**
**The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.**
**”Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.”**

 

Why IQ Option?

IQ Option is providing numerous trading tools to help traders in their trading. Using their platform you can trade the most volatile asset Forex, stock trading, Exchange Traded Funds (ETFs), and a brand new product called Digital Options.

In this section, we will give you some reasons, which we believe will give you a clear notion of choosing IQ Option as your broker.

These are –

• Licensed and Trusted broker
• Minimum deposit for Binary Optios only $10
• Minimum deposit for Forex or CFD $20
• Maximum deposit $1000000
• Minimum investment $1 per trade (Binary Options & Digital Options
• Minimum investment for FX Optios only $30
• Maximum investment $20000
• Free and refillable $10 000 practice account
• Maximum pay out 93% (Amount to be credited to account for a successful trade)
• Trading Type: Binary Options, Forex, CFD, Crypto Currency, Digital Options
• Free Open Trading Network (OTN) Token on live trading
• Available Online Trading Tournaments
• Mobile trading Enabled
• Personal manager for VIP traders
• A wide range of withdrawal methods
• Minimal withdrawal $2
• Manage your profit and losses limits
• Proprietary Software
• 300+ Assets (Currencies, Stocks, ETFs, Cryptocurrencies, Indices, Commodities)
• Enriched learning center
• 24/7 customer service (Live Chat, E-mail etc.)

 

Awards and Achievements

In our IQ Option Review, after researching we get, IQ Option is an Awards winning broker won several Awards including –

The Academy of Interactive and Visual Arts Awards for “2017 Award of Excellence”,

Mobile Star Awards for “The Intelligent Trading App for Binary Option”,

Business Initiative Directions Group Awards for “Century International Quality Gold”,

The Web Marketing Association Awards for “Best Technology Application”,

Global Brands Magazine Awards for “Fastest Growing Binary Options Brand”,

IFM Awards 2015 for “Most Innovative Binary Option Platform” and “Best Mobile Trading Platform”,

Global Banking and Finance Review Awards for “Best Binary Options Broker Europe 2015”,

IAIR Awards for “Best Binary Options Broker and Best Binary Options Broker/Trading Application”,

FX Report Awards for “Best Binary Options Broker”,

Show FX World Awards for “Most Innovative Binary Option Broker”,

RACE Awards for “Best Affiliate Program in the Industry”,

Master Forex-V Awards for “Most Reliable Binary Options Broker” and “World Leading Binary Options Broker”,

Forex Awards 2014 for “Best Trading Platform”.

 

IQ Option Sign Up and Sign In / Login Process

Note: **Amount to be credited to account for a successful trade.**
**The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.**
**”Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.”**

 

IQ Option Account Verification

Traders need to follow some steps to verify their account. To start the process of the transaction, you need to verify your account with a few steps.

Step 1: Confirm your email. IQ Option team will send a code into your email address. Enter this code in the relevant field.

Step 2: Confirm your phone number with your country code. Enter the sms code in the relevant field.

Step 3: Verify your personal data.

Step 4: Input information regarding your trading experience and strategies.

Step 5: Upload your documents for verification. To get verified, you need to submit the following documents-

A photo of your ID (passport or driving license).

A photo of your bank card with your Sign (Show the both side of the card covering the CCV number.Must show the first six and the last four digits of your card number).

 

IQ Option Demo Account

High Capital Risk Is Involved In Financial Trading

It is better to have the knowledge and little experience before starting an investment in the trading market.

Not every broker provides the opportunity of learning or experiencing to its traders. Some provide educational material but the real experience of trading is provided by very few.

IQ Option is offering a Demo Account for their trader’s worth of $10,000. Demo account is free and refillable.

After signing in, a trader will get virtual currency to place trade. You can easily switch into the real account after depositing the minimum amount $10. In the demo account, you will find full underlying trading instruments.

The demo account-trading platform is the same as the real account. In demo trading, a trader will go through the same experience as real trading.

With the help of the demo account, traders can easily perform practice trade to find out the best trading strategies.

It will also help you to apply your trading knowledge without any risk. You can try different trading patterns with the help of the practice account.

Therefore, it helps a trader to be prepared and confident to place a trade by himself. Besides, it ensures a higher success rate.

 

Note: **Amount to be credited to account for a successful trade.**
**The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.**
**”Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.”**

 

IQ Option Account types

There are three types of account offered by IQ Option apart from the demo account. We already mentioned the advantages of demo account in an earlier section of the review.

These are –

 

 

Note: **Amount to be credited to account for a successful trade.**
**The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.**
**”Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.”**

 

IQ Option Trading App

You can trade over 300 assets in the IQ Option trading platform. Discover thousands of trading and investment opportunities with IQ Option trading app.

Traders can download the trading application for their mobile device as well as the desktop device. You can download the app for android and apple from iOS and google play store. You can browse directly from the website.

Note: **Amount to be credited to account for a successful trade.**
**The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.**
**”Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.”**

 

IQ Option Trading Assets

IQ Option is working with a particular trading type named Binary Options at the very beginning.

They are now offering an expanded version of a trading type for all types of a trader and they are Forex, Options (Binary, Digital, and FX Options), CFD and Cryptocurrency.

The trading platform is fast, accurate and easy to use. Placing trade using this platform is a pleasure.

There are 7 types of asset classes named Options, Forex, Crypto Currency, Stock, Indices, Commodities, ETFs.

Under these classes more than 300 assets instruments are available.

Traders can place a trade for 60 seconds, 2 minutes, 5 minutes, 15 minutes, 1 hour, end of the day, end of the week, end of the month.

So, alternatives are huge.

Types of Trading instruments are available at IQ Option –

Note: **Amount to be credited to account for a successful trade.**
**The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.**
**”Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.”**

 

 

Best IQ Option Strategy and Analysis

Trading with a proper strategy will help traders to earn a higher amount of return. There are many strategies available.

In IQ Option platform, there are few popular strategies available for traders to trade the options, forex, CFD and other trading classes with some popular trading instruments.

It is necessary or recommended for all traders to control their trading emotions and practice trading before investing money in the real field.

You will find many popular trading strategies using different candlestick patterns and bar patterns. Not all patterns work equally well.

Keeping everything in mind, we are mentioning a few popular names of the trading strategies patterns here:

Three Line Strike
Two Black Gapping
Three Black Crows
Evening Star
Morning Star
Trend Reversal
Exhaustion Bar
Straddle

and many more.

Here are some common but best trading strategies which you can implement in IQ Option’s platform. These are widely used by many professional traders.

 

IQ Option OTC Trading

When the market is closed traders mainly trade trading instruments as OTC. Over-the-counter (OTC) is a trading method.

In OTC trading, traders will get quotes which are generated automatically on the broker’s server.

You can use your both demo and real account to trade on OTC assets.

Every Friday at 21:00 and every Monday at 00:00 am (GMT time) IQ Option is switching from market trading to OTC trading and from OTC trading to market trading.

You can also trade crypto during the market weekends.

 

IQ Option OTN Token

The full form of the OTN token is Open Trading Network.

OTN foundation is an independent and non-commercial organization.

The network allows traders a fully secure exchange between block chain networks.

In IQ Option, there are several ways to use the OTN token.

Pay commission on Crypto instruments.

You can convert the OTN tokens in OTN coins.

You can withdraw token.

Traders can withdraw OTN token into their Ethereum wallet.

Start Trading & Get OTN Token

High Capital Risk Is Involved In Financial Trading

Note: **Amount to be credited to account for a successful trade.**
**The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.**
**”Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.”**

 

IQ Option Trading Platform Overview

IQ Option has its own trading platform. They do not support MT4 and MT5 trading platform.

The trading platform is well organized for all types of traders.

In the left side of the trading platform, traders will find a total portfolio of their trading.

You can find out all active positions and pending orders from the portfolio.

After clicking the trading history tab, traders can see the list of their trades. You can see you all positions at a glance or you can simply categorize it by clicking the specific trading asset.

In both demo and real account, you will find Chats and supports where you can ask for any solution. There are also social chats for particular asset traders to share their trading information socially.

It will help traders to know the market condition. If you are a demo trader then it will not possible to join in those social chat groups. To start chatting, you have to top up your account and your trading volume must be at least: $300.00.

You will find top traders around the world in the leader-board section.

At the top of all traders, you will find your name. The leader of the week list is based on all profitable traders that were closed during the week.

Make a note that, unprofitable traders will not be affected in ranking. Transaction amount will count only for real account.

The market analysis tab will show you all current trading market news.

You will find Top assets depending on the trading volume. You will also find featured articles published by different news portals.

In the more items section, you will find information on trading tournaments, video tutorials, and FAQ.

Select your trading instruments, depending on the marketing condition. You can trade simultaneously by opening a different chart’s layout.

Find your favorite chart types, technical analysis, and graphical tools form the trading platform.

In the latest version, you can draw any graphical tool over technical indicators, Trendlines or even Fibonacci over MACD.

On the right side, you will find the account option from where you can switch your account whenever you want.

Set your expiration time for trading options and a specific amount you would like to invest. For CFD trading, select the right multiplier, amount and stop-loss.

IQ Option Trading Platform Overview – Video Guide

 

IQ Option Trading Indicators

There are 18 types of indicators available in the IQ Option trading platform.

These are:

For a certain period of time, trading indicators are visualized price calculation. Technical indicators are useful for a quicker market analysis.

You will get a full list from the trading platform. Set the indicator according to your choice and apply it.

You can save your indicators to apply them in any chart in the future.

From the widget section, you can select the sentiment analysis which will indicate the current market mood or ratio for selected assets.

A trader can set the time frame which will show the high and low value of assets. It is possible to see traders from other countries who are placing an order in real time. The volume will show an interest in the trading asset.

 

IQ Option Trading Charts

In the IQ Option trading platform, traders will find four types of trading charts. You can set the color from the display settings.

These are:

• Line
• Candles
• Bars
• Heikin-Ashi

Time interval starts from 5 seconds to 12 hours. Traders will get a price range depending on the time interval. This time interval is applicable to Candlesticks and bars.

 

IQ Option Graphical Tools

By using the graphical tools, you can draw and mark your lines on the chart. Tools are useful for trend analysis.

Graphical tools will also help traders to analysis trading charts.

There are 5 types of Graphical tools available in the IQ Option trading platform. These are:

• Line
• Trend Line
• Horizontal Line
• Vertical Line
• Fibonacchi Line

 

IQ Option Tournaments

A tournament is a competition between traders where everyone can participate. Traders can test their trading skills against other traders.

Tournament fee is not fixed. It will depend on how big the tournament is. The entry fee starts from $2. The maximum tournament entry fee is $20.

There are no specific rules for traders to join in the tournaments. The prize will be divided among all winner traders.

The re-buy option is applicable for some selected tournaments where you can reload your account balance with real money.

If you win the competition, the prize money will automatically be credited to your account balance.

In their tournament window, traders will find news on all open and upcoming tournaments

Join The Tournaments

High Capital Risk Is Involved In Financial Trading

Note: **Amount to be credited to account for a successful trade.**
**The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.**
**”Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.”**

 

IQ Option Tutorial (Video and Blog)

Expand your trading knowledge with the help of video tutorials. You will get in total 207 videos realated with trading and more videos are on the way.

You can also find videos which will help you to know more about the IQ Option.

If you are new in the trading market and don’t know about different analysis, then tutorials will help you to gain knowledge about different tools.

In the blog section, you will find the economic calendar. It is easier to keep track of all economic news and reports from all over the world.

You will also get various blog posts on altcoin, trading tips, research, and OTN tokens. Research on your favorite trading class with the help of the IQ Option blog.

 

IQ Option Withdrawal and Deposit

You can read a detailed guide on IQ Option Withdrawal And Deposit Method which explains how you can deposit and withdrawal through various methods for various countries including withdrawal proof and problems in IQ Option.

Note: **Amount to be credited to account for a successful trade.**
**The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.**
**”Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.”**

 

IQ Option Contact And Customer Support

Help and support of IQ Option is very proactive, cordial and available for 24/7.

More than 78 dedicated customer support members are available to help trader. We have asked several questions through the live chat window and we have got an immediate response which was impressive.

Such a quick response is necessary for a new trader so that he can resolve his problem.

Besides, for any query, a trader can send an e-mail and the reply will be back within a possible time.

You can also find them on social media like Facebook, Telegram, Twitter, Youtube, and Instagram. Traders will get all updated news from these sources.

Traders can also communicate via contact number. In their website, you will find all the numbers depending on which country you are belonging to.
 

 

IQ Option Drawback

We were not able to find any major drawbacks on IQ Option trading platform and their operation. A number of people in forums who have made claims about IQ Option multiplier.

IQ Option multiplier is not the same for all countries.

The multiplier depends on the assets availability, its volatility and also the country. Most traders from non-EU countries enjoy a higher multiplier than EU traders.

Another drawback which is counted as a minor one that traders can not contact with their support team through live chat without sign-in in the platform.

 

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that IQ Option Broker does not accept traders from the following countries –

 

Is IQ Option Scam or Not

IQ Option is an old broker which is running their trading service for a long time.

In their News section, you will find all regulation related updated news. They mainly offer assets depending on country regulation.

We failed to figure out any scam activities of this trusted and reliable broker during our research. However, we found a number of complaints against this broker platform regarding the withdrawal process.

You will know more detailed information on the withdrawal complaint from our guide section.

Traders can withdraw their money at the broker’s promising time. To avoid problems, you have to follow the withdrawal rules

IQ Option uses strong encryption technology to protect their client’s personal data. The data is secured, during the transmission from a client’s devices to the broker server. The security is known as Transport Layer Security.

They have created a trading platform for all types of traders. Moreover, their proper client management helps them to build trust among all traders.

They achieved awards for their tremendous effort in the trading marketplace.

 

Final Words

In the end, we are pleased to see that IQ Option is very caring to the new traders and offers many promotions and services for them.

We also admire them for providing a demo account with unlimited funds.

IQ option’s rich education sector will help new traders to know about trading strategies, indicators, tools, etc.

You can trade with them without fearing any scam activities because they are a regulated broker.

So, start trading with IQ Option to win a maximum profit by investing a minimum amount.