Think of a Binary Options broker which requires you to deposit only $10 to open a real trading account and $1 to execute a single trade. Is it a dream or is it real? In fact, it is a 100% reality with IQ Option which is one of the regulated Binary Options brokers in the financial trading industry.
Since the launch year of 2013, IQ Option has been increasing its service quality level with a sustainable trend. Many new features have been added to the broker continuously.
“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 Review
IQ Option website looks elegant yet modern. There are 13 language alternatives which are;
English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Thai, Indonesian
We personally traded with IQ Option and let us explain the stages to open a “Demo” and a “Real account” with it as well as our real trading experience;
The very first thing you have to do is, of course, visiting the website of IQ Option and then click the green button just after filling some information about you.
IQ Option Assets
You will have the alternatives of “login with Facebook account” or “login with your Google+ account” options available to start trading.
You will receive an e-mail enclosing a confirmation link embedded in it. After visiting the confirmation link you are all set to start your trading sessions! You will be redirected to a functional platform which has a sleek design as stated below.
IQ Option Demo Account
Your demo account will be deposited with $1,000 demo money. At the upper-right part of the screen, you will see a “how to trade” button in blue colour which will guide you on the fundamental functions of the trading platform.
It simply instructs you to;
- Choose the asset type from several alternatives.
- Specify the time to execute the trade according to time left to open a position.
- Set the investment amount to trade with.
- Choose the expiry time of the open position.
- Choose the price movement direction either by pressing “Put” for downtrend or “Call” for up-trend.
After executing the trade, you will see the payout amount at the right-bottom of the of your screen as you see it below. If the trade ends up with your target price, you will get that amount.
In this example, we opened a trade for AUD/CAD. We have deposited $50 and the return of the trade would be $94.50. And we were not successful to have the $94.50 payout at the end.
By the way, please kindly be acknowledged that real trading quotes are provided by “Thomson Reuters” which is the industry standard for reliable and precise Digital Options trading.
IQ Option Deposit Methods
When it comes to depositing methods, IQ Option did not let us walk alone with limited payment alternatives. They offered us:
- Credit Cards
- Wire Transfer
Deposit transactions are handled securely with SSL protocols.
IQ Option Withdrawal Methods
If you would like to withdraw your money from your IQ Option, you will be catered with the same methods stated above as the deposit method alternatives.
There is a $50 withdrawal commission valid for each of the “Bank Transfer” withdrawal transactions you make.
Under the heading of “Personal Cabinet”, in addition to the deposit and withdrawal orders, you will also reach to your “Operations History” and “Trading History” as well.
Last but not the least, we believe that a king without a crown is like a house without a roof! So referring to this point, we kindly let you know that IQ Option has 3 industry awards which are stated below and believe us that this is not a surprise for us after comparing IQ Option with many other competitors in the market. You can see these awards in all IQ Option reviews.
- “Most Reliable Binary Options Broker” by MasterForex-V
- “Most Innovative Binary Options Broker” by Show FX World
- “Best Affiliate Program in the Industry” by Race Award.
To sum up; we recommend IQ Option as a regulated Binary broker to our followers.