IQ Option 100% Honest Review
In the arena of online trading system, IQ Option is one of the best platform customers choose to rely on. It is basically operated by IQ Option Ltd. It was founded in 2013. Since the inception of this company, they have provided their own software for doing online trading. It is a versatile option for all the person who intend to trade financial instruments and this system is used the most.
IQ Option is regulated in EU. Cyprus Securities and Exchange Commission (in short CySec) basically controls it. The company has a heritage of obeying the provisions of the legislation by which it is regulated. It has the legal authority to sell its products to clients in all jurisdictions.
As being the top representative of binary trading industry, if offers its customers the lowest amount of deposit where its competitors have more requirements. Thus, it has been known for its accessibility and attractive trade conditions which are in favor of the traders.
It has been awarded The Mobile star Award, 2017 Award of Excellence, Best Binary Options Broker and Best Binary Trading Application in IAIR Awards, Best Binary Option Broker in FX Report Awards, Most Innovative Binary Option Broker, Most Reliable Binary Options Broker, World’s Leading Binary Option Broker, Best Trading Platform in Forex Award 2014, Best Mobile Trading Platform in IFM Awards 2015 and many more.
The brokerage has grown by leaps and bounds although it was really tough. The number of active users is growing rapidly from year to year. In 2015, they had 8110000 registered users; which increased to 14680000 in 2016 and 25580000 in 2017. From 2013 to 2014, the number of transactions made per day increased by almost 70 times and from 2015 to 2017 it grew by another 2.5 times. Withdrawn by traders per month was $1500000 in 2015, $5800000 in 2016 and $10800000 in 2017. The overall volume of trade increased about 23-fold in the interval of 2014 to 2017.
It is really spectacular that the geographical coverage this company has. When it first started, there was a coverage of 135 countries in 2014. In 2017 it has the coverage of 151 countries. With time, it has reached almost all the corners of the world.
IQ Option allows its customers to trade contracts on Forex, Stocks Cryptocurrencies and a range of digital options. For the users who want to test the platform, IQ Option has made an option for demo accounts. By depositing only $10 one can gain access to a live account. There are two types of accounts which they provide now- real account and VIP account.
Using an account is easy. To sign up, one may use a Facebook account or Google account. Or one may simply sign up via email address. One’s details and passwords are all which is needed.
It provided all the up to date information to its users which can be found and easily analyzed by them. It offers different cryptocurrencies to trade, such as Bitcoin, Ethereum, IOTA, Ripple, Litecoin, Monero, Ethereum classic, Dash.
The platform has additional features so that users may enhance their trading options. There are different payment options, mobile web trading solution, outsiders testing their skill by Binary Option Tournaments, skilled and smooth customer support etc. IQ Option is a wonderful platform for professional traders as well as for the beginners for learning. Though having a little drawback, it is the most reliable online brokerage platform.
General Risk Warning: 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.
IQ option could be a comprehensive trading platform that gives its users with a wealth of alternatives, and when beginning out as a binary options broker, IQ option currently permits customers to trade Contracts for distinction
(CFDs) on stocks, Cryptocurrencies, Exchange traded Funds (ETFs), Forex, and a spread of varied digital options.
CFD on Stocks – IQ option permits users to trade CFDs on stocks from over 7485 totally different corporations, as well as the foremost booming businesses listed on the NASDAQ and NYSE.
Cryptocurrencies – Users may also trade twelve of the highest cryptocurrencies as well as Bitcoin, Ethereum, Litecoin, Ripple, Monero, Zcash, Omisego, IOTA, and Dash.
ETFs – newt trading could be a comparatively new product, and ETFs work by trailing commodities, indices, and baskets of assets. These will be listed within the same method as common stocks, and traders will select from just about 4288 completely different ETFs.
Forex –FX trading, or Forex, is a very standard trading market and IQ option provides access to around 188 currency trading pairs. this enables users to trade their favorite foreign currencies with ease.
Options – Users will speculate on the value of variety of various assets, that embody currencies, stocks, indices, and commodities. The platform presently provides a entree to over ten million options.