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The fact that IQ Option is impeccable with their service is why the broker has grown such a huge amount over the years. They have absolutely no problem with handling this amount of traders every day, thanks to their efficient servers and highly effective technological team. And if the numbers didn’t seem telling, the awards should, as the broker has had excellent service for many years now. When you are going through their “About Us” tab, you won’t really find that it contains much information about the company itself.

For this, they have set aside a group of customer support whose availability is 24/7. This ensures that traders can have all their issues and inquiries solved within the shortest period. They have a direct number, and the good thing is that they have a real person behind the desk.

If there are fewer competitors, then the competition will be canceled. A trader can manage several different trades simultaneously on the mobile device. IQ Option offers its traders to trade more choices and CFDs by using their preparatory mobile app. Additionally, this app works on Apple and Android iOS operating systems, which can be downloaded through the Google Play or Apple store. The mobile app offered by the IQ Option is very simple and easy to use, which has an intuitive graphical interface. Also, it has the same charting options which are found on the regular web-based platform.

The company was founded in 2013 and today is among the leaders in this genre thanks in large part to its proprietary platform. The broker was awarded prestigious European awards as the most innovative and dynamically developing company in the binary trading segment. In 2015, the broker was awarded the “Best Binary Options Broker in Europe” by the Global Banking & Finance Review. In 2017, the broker was awarded the highest award by the Communicator Awards. For example, EEA retail traders cannot trade binary options on the platform. However, they still can trader in forex options which offer similarly high returns as the binary options.

Learn To Trade

Almost every reputed platform has one available over phone, email, and live chat with 24/7 availability. IQ Option offers VIP accounts for traders who deposit $1900 or more within 2 days. As the name suggests, the offering of this account is special and unique to VIP account holders. With a VIP account, forex analytics the traders get access to personal account managers, 3% additional returns, free participation in trading tournaments offered by IQ Option. Like many trading platforms, IQ option provides a demo account. Within Demo Trading, the users will receive $1,000 virtual money that you can replenish anytime.

I also have copy of my communication with the support team who advised me to closed down my previous account then open the new account. NO review of account when drposit and lost but review when you made money IQ Option Forex Broker Review just to scam. Account not blocked but trading activities suspended.i a not worried about review if anything wrong but payment suppose to be effect immediately trader provide evidence of non violations.

However, if a trader prefers a bank transfer, they may incur processing fees. Initially, IQ Option offered monthly promotional codes to their customers. However, due to CySEC’s regulatory changes, IQ Option does not provide deposit bonuses. The only promotion they offer is the trading competition where traders can participate at a fee.

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I think they represent what a binary options trading platform should be now or in the future. This is just awesome all round software that caters for practically every trader wishing to make some trades in the markets. As you venture into CFDs, take your time to understand how they work and see if you can afford to accommodate the risk of losing your money.

Anyone can create their own robot and have it place trades on their behalf. Now, several robots have already been created and made available for anyone to use, which provides another method of investment. To trade with IQ Option, you must make an initial deposit of $10. If you want to go a step further and sign up for a VIP account, you need to deposit $1,900. With a VIP account, you can benefit from exclusive trading bonus tournaments.

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The number of different kinds of platform-specific charts, tables, and tracking of prices, quotes and so on will be something technical analysis proponents will enjoy greatly. The number of indicators available on the platform will also be of interest to those who like to analyze for hours upon hour before they start trading. This IQ options review considers the platform to be one of the best available to users online, even beating out MT4 and CTrader. But, the IQ option platform is incredibly versatile and very intuitively designed, so even those who have never seen it before will be easily able to use it. Like other trading platforms, IQ Option lets you use a demo account. The only distinction is there is no expiration date for this account.

Swap rates on leveraged overnight positions apply, but IQ Option fails to disclose how it processes corporate actions such as dividends, splits, and mergers. No deposit fees exist, and this broker does grant one free withdrawal per calendar month; subsequent withdrawals are assessed a 2.00% withdrawal fee. After 90 days of inactivity, IQ Option deducts a monthly charge of $10.

IQ deposit could fail due to primary reasons; either your location or platform. If you are opening an account in a region that IQ option does not support, for instance, the USA, your deposit may fail. In terms of the platform, you are using, choosing a payment method that is not IQ supported will render your deposit efforts to fail. IQ Option adheres to the regulative forex requirements in ensuring that their clients are safe. What’s more, IQ Option utilizes SSL encryption technology to ensure that there is no unauthorized access to your account. IQ Option implements strong steps to encrypt the web traffic between the trader’s computer system and their servers to ensure that their clients’ personal and financial details are secured.

This is an ideal brokerage for traders of all experience levels so be sure to check it out. In terms of safety, IQ Option assures the safety of its customers’ money and personal information. The company employs SSL technology, robust encryption protocols and firewall protection to guard against illegal interception of data.

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The CFD section dangles possible profits of up to 100% on every 1% asset-price change. This section plays host to crypto/crypto pairs, such as the ETH/BTC and LTC/BTC. The spreads here are under the 1% mark as well, some of them well under it indeed. Possessor of license #247/14, the brokerage has been deemed MiFID-compliant, meaning that it can in essence deliver financial services in all the EEA countries. The operator is registered with most of the major national regulatory agencies throughout Europe. This includes the UK’s FCA, Germany’s BaFIN and Italy’s Consob. Just like traders from the United Kingdom or other countries, South Africa traders can use e-wallets.

• This is done to prevent fraudulent activities and to protect your money from spammers.
• Possessor of license #247/14, the brokerage has been deemed MiFID-compliant, meaning that it can in essence deliver financial services in all the EEA countries.
• That’s right, IQ Option is a universally-trusted broker for binary options trading – the one segment of trading that is most dangerous and risky.
• As a choice, the trader can withdraw their profits also through a bank transfer.
• But once you have access, you can get in touch with the company 24/7, no matter whether you are trading with IQ Option Africa or anywhere else in the world.
• Currently, the minimum withdrawal amount is $2, and the time estimated to withdraw funds is one business day.

The Chats and Dialogs section is an essential part of the platform. This is the module responsible for the social aspect of the brokerage. Indeed, sometimes, this section can take Retail foreign exchange trading on the appearance of a virtual trading floor. It has to be noted that to keep the chat clean and spam-free, IQ Option have only made it available to their real money clients.

It is a great way to learn and enhance your knowledge regarding trading online. There are multiple methods like video tutorials, blogs, real-time charts and graphs that allow the traders to learn market trends. To date, IQ Option has over 71,014,795 registered users with 1,800,000+ active investors daily. The monthly investing volume of this trading platform is $380,000,000. During our IQ Option review, we analyzed the data of the past 5 years, there are no signs of declining . To request withdrawal, you need to verify your identity that will take up to 3 business days.

Fx Options

For instance, it does not have a limit on how long a trader can use it. Also, it comes with $10,000 practice money which can be replenished once it runs out. This enables the trader to practice various trading strategies. 67% of retail investor accounts lose money when trading CFDs with this provider. This can be accessed with the $10 minimum investment and there are no restrictions on trading functionality. This account provides access to over 70 assets and users can request withdrawals that are processed within 24 hours.