IQ Option review – honest information

In this IQ Option review you will find every important piece of information about this broker.

About IQ Option

IQ Option is a binary options broker based in Cyprus. Currently it is one of the biggest brokers. It was founded in 2013 and since then it has won numerous awards.

Address: Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus.

Contact: support@iqoption.com

IQ Option demo

IQ Option is of the rare brokers that offer an unlimited free demo account, no deposit required.

Minimum deposit

The minimum deposit to open a real account is 10 dollars.

Minimum investment

The minimum investment is 1 dollar.

Fees, withdrawals and deposits methods

IQ Option charges no fees for deposits or trading. Withdrawals are free, except for wire transfers (fee $120).

You can deposit money with credit cards, Skrill, Neteller, SOFORT, Webmoney and Yandex Money.

You can withdraw money through credit cards, wire transfers, Skrill, Neteller, Webmoney and Yandex Money.

Payout, assets and options

The maximum payout with IQ Option is up to 92 % with high/low binary options. But most of the time you will see a maximum of 85 %.

With IQ Option you can trade a wide variety of assets: currencies, commodities and indices.

Types of binary options are high/low, expiries range from 1 minute to end of the day.

With IQ Option you can trade not only binary options, but also classic Vanilla options.

Trading platform

IQ Option uses its own trading platform and it is probably the best among all binary options brokers. It has a lot of features, it allows technical analysis with different indicators, you can change time frames and colors, you can use tools such as Fibonacci retracements.

The trading platform is quick and stable, and the broker keeps innovating it. You can even use intermarket analysis, because you can display up to 9 charts at the same time.

The platform also enables quick access to chats, tournaments, news or video tutorials for example.

Is IQ Option regulated?

IQ Option is a regulated broker, the number of its CySEC licence is 247/14. It means that it is an EU regulated broker. It also means that clients’ money on trading accounts is protected up to 20,000 Euros.

Is IQ Option a scam? What about complaints?

IQ Option certainly is not a scam. It is a regulated broker, one of the biggest in the world. You will find complaints about every broker on the internet, IQ Option is not an exception, but none of the complaints we have investigated showed any wrongdoing from IQ Option. We gather traders’ feedback and based on this we believe that IQ Option is a very good and reliable broker.

Countries accepted

The vast majority of countries is accepted, however there are some exceptions, such as USA, Canada and Australia.

Conclusion

IQ Option is one of the best brokers we know of. It offers a completely free and unlimited demo account, it has the best trading platform and feedback we get about this broker is very good.

See the list of binary options brokers that we recommend.

Summary
Review Date
Reviewed Item
IQ Option
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