Review of the Binary Options IQOption
Type of Broker
IQOption is a Binary Options Broker.
Country of origin
The main offices of this company are located in Cyprus.
- Forex Market: 22 currency pairs in the Forex market, including the most important as the EUR/USD, GBP/USD, USD/JPY and EUR/JPY, and other more exotic like the USD/ZAR and USD/SGD.
- Commodities: Gold Futures contracts (CME), one of the most important and traded commodities on the markets.
- Stock Indices: 6 major global indices, including the S&P 500, NASDAQ, Dow Jones and CAC 40.
- Stocks: 50 shares of major financial markets in the United States, Europe and Asia, such as Nike, Google, Apple, BAE Systems, Rolls Royce, BAE Systems, Hitachi, Tata Motors and Nissan Motors among others.
Types of Binary Options
- High/Low binary options (Call and Put classic binary options): Currently is the most common and popular type of binary option in the market due to the high and fast profits that it offers to the investor and its relative simplicity compared to other financial instruments. With these options, the trader must predict whether the price of the underlying will finish above or below the entry price of the option (the underlying price at which was acquired the option) once the contract expires. Generally, the period of maturity of the High/Low options of IQOption is 1 hour, but the traders are able to trade options with shorter or longer expiration periods, even of just 60 seconds.
- 60 Seconds binary options: High/Low binary options that have a maturity period of just 60 seconds. Because of this feature, these options are ideal for investors interested in profit with fast transactions, especially in volatile markets and instruments such as Forex, oil and gold for example.
Payment Offered by IQOption
- High/Low Binary options: The payment is 70% to 92% of the capital invested by the trader in the option.
- 60 seconds binary options: The return is 70% to 92% of the capital invested by the trader in the option.
IQOption offers two types of real trading accounts for clients of different profiles which are described below:
Underlying Assets (markets)
More than 70 assets
More than 70 assets
Full access to all trading opportunities of IQOption
Access to a web/mobile trading platform
Return in case of a wrong prediction
Up to 45% of return
Up to 60% of return
A personal account manager
Analysis of monthly performance of the trader made by a company analyst
Education for the trader
Brief account description
It is the main IQ Option account and was created for traders of all profiles. It requires an extremely low minimum deposit.
It is an account type for VIP clients of the company, including traders with more experience in binary options trading and more trading capital.
The main trading platform of this broker is a web-based application developed by the company, which can be accessed on the website of IQOption from anywhere with an Internet connection, which gives the trader more flexibility in their trades in the market. This platform is designed specifically for High/Low binary options trading based on underlying assets of various types. It also has various functions for managing transactions that may be useful for the trader. It has a simple and intuitive interface that allows the trader to select the type of option (Call or Put) the underlying asset, the investment amount (premium) and the period of maturity with a few clicks. The platform also has several trading features as updated quotes, a history of market behavior and price charts of the underlying assets offered by IQOption.
|Trading platform of IQOption|
The biggest advantage of this application is that it was designed specifically thinking in inexperienced traders looking for a platform that allows them to trade in a simple way. All the functions a trader needs to open new operations, manage their open positions and connect with their account are integrated into a single interface. For example, on the left side of the platform are all navigation options the user will need, including the personal section displaying information such as transactions (deposits and withdrawals) and history of transactions.
Main Advantages of IQOption
- It is a properly regulated broker which has a license from CySEC in Cypru, one of the main regulators of Europe.
- IQOption regularly offers various promotions for its customers, such as deposit bonuses up to 100% for traders who open a new trading account and deposit funds.
- It provides an operating model in which their customers trade against each other rather than trading against the broker, unlike other brokers operating under a pure Market Maker model.
- IQOption offers a personal account manager for all customers.
- An innovative and intuitive trading platform developed by the company, which is characterized by its simple and user friendly interface.
- The trader can get a return of 45% to 60% by erroneous predictions.
- Customers with VIP accounts have access to a monthly analysis of their performance as traders conducted by experts from the company.
- Trading signals accessible through the trading platform.
- Regularly the company organizes trading competitions for customers with cash prizes for the winners.
- A demo account without time limit.
- IQOption offers the possibility to earn money by promoting its services as a broker through an affiliate program called IQOption Affiliates.
Main Broker Offers
- Due to the regulations of CySEC IQOption no longer offers bonds deposit bonuses.
- All months IQOption organizes trading tournaments for demo and live accounts with cash prizes for the winners.
Iqoption Europe ltd
Minimum account size
The minimum deposit to start trading with IQOption is $10
Minimum transaction size
1 US dollars/euros.
Maximum transaction size
1000 US dollars/euros.
Link to the website
Open an account
*General Risk Alert: The financial products offered by the company carry a high level of risk and may result in the loss of all your funds. You should never invest money that you can not afford to lose.