IQ Option Review for 2019

IQ Option Rated 3/5
IQ Option have a low rating. We recommend you look at one of their alternative brokers.
Good alternatives to IQ Option

IQ Option Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of IQ Option we break down the pros and cons. What IQ Option are able to offer, what countries IQ Option are available in. Who IQ Option are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Open IQ Option's Website

As with any investment your capital is at risk, losses can exceed deposits.

At the bottom of this review you can also learn about some pretty good alternatives to IQ Option

With this review we hope to help you see if IQ Option is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding IQ Option that will help you get off to a good start in the world of online trading.

IQ Option what you should know

IQ Option offer three ways to trade: Binary Options, CFD trading, .

With IQ Option you will need a minimum deposit of $10. You can sign up for a demo account to acquaint yourself with IQ Option platform.

IQ Option are able to accommodate various levels of traders whether you are experienced or a beginner.


Are IQ Option safe?

When choosing a broker like IQ Option the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in , and in operation for 2019 years IQ Option have a head office in Cyprus.

IQ Option is regulated. This means IQ Option are supervised by and is checked for conduct by the CySEC regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to IQ Option, this will be honored. If IQ Option violate any regulatory rules their regulated status could be stripped.

Any payments funded to IQ Option accounts by traders are held in a segregated bank account.

For added security IQ Option use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with IQ Option. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit IQ Option

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in
  • Regulated by CySEC
  • Min. deposit from $10
  • unlimited demo account

What we don't like

IQ Option General Fees

  • IQ Option withdrawal fees varies on payment method
  • IQ Option does charge inactivity fees

IQ Option Commissions

  • IQ Option does charge commission on CFD shares

What can you trade with IQ Option?

You can trade a wide variety of instruments with IQ Option over 148 instruments infact.

If you are looking at trading currency pairs IQ Option offer over currency pairs.

Compare IQ Option with Interactive Brokers and XTB below.

FX / Currencies iqoption IB XTB
# of forex pairs offered 10 50
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes
Exotic forex pairs NO Yes
Cryptocurrencies NO No Yes
Commodity CFDs IQ Option Interactive Brokers XTB
# of commodities offered 0
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs IQ Option Interactive Brokers XTB
# of Stocks offered 1500
UK Shares Yes Yes Yes
US Shares NO Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
iqoption's
Instruments
IB's
Instruments
XTB's
Instruments

Trading on IQ Option web platforms and other applications

IQ Option offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

IQ Option also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See iqoption's platforms

IQ Option Trading benefits :

  • Low min deposit

IQ Option Trading Accounts offered:

  • Standard account
  • Islamic account

Can I try IQ Option before I buy?

IQ Option offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do IQ Option accept?

IQ Option offer the below funding payment methods. learn more about IQ Option

  • PayPal
  • Skrill
  • Neteller

How can I start trading with IQ Option?

When opening a trading account with IQ Option, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on IQ Option trading platforms here.

Performing trades with IQ Option

IQ Option allow you to execute a minimum of trade of $1. This may vary depending on the account you open. IQ Option allow you to execute a maxium trade of varies.

As a market maker, IQ Option may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, IQ Option offer margin up to % on currencies.

Support at IQ Option

IQ Option support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with IQ Option

As IQ Option is regulated by CySEC , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore IQ Option's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with IQ Option you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://iqoption.com/ on 12th August 2018.

IQ OPTION Frequently Asked Questions

Can I try IQ Option before I buy?

IQ Option do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do IQ Option accept?

IQ Option offer the below funding payment methodsPayPal, Skrill, Neteller, among other payment methods. Learn more here

How can I start trading with IQ Option?

When opening a trading account with IQ Option, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on IQ Option trading platforms here.

Is my money safe with IQ Option?

IQ Option is regulated by CySEC . One of the most important criteria for traders when choosing a broker like IQ Option is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to IQ Option, this will be honored. If they violate any regulatory rules their regulated status can be stripped.