IQ Option Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX Score:1 91

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With IQ Option, you can dive into trading with a deposit of just $10! It is the lowest minimum deposit of all brokers by far. Keep in mind that you will need to verify your account in order to deposit or withdraw money.

The application runs on the Android and Apple iOS operating systems. It is available for download through the Apple Store or on Google Play. After that, the client can immediately use a demo account or replenish a real account before moving on to real trading. Founded in 2013 and managed by IQ option Ltd, based in Cyprus and regulated by CySec, it welcomes traders from multiple countries, with the exception of users from several countries.

For instance, Plus500 or XTB have over 2,000 different assets in their portfolio. As with most trading platforms, IQ Option will not charge you any fees to open the account, deposit or withdraw funds . Firstly, I would like to clarify that IQ Option is not a scam, we are operational since 2013, had it been so, you would not have received your initial withdrawals too then. The company has the right to randomly check accounts to ensure safety, this is done for traders actually so that the platform is safe for them. We understand that it can be frustrating however we assure you that if you did everything correctly then there is no need to worry.

Stocks are generally much more volatile than the forex market and traders who enjoy volatile markets are often drawn to the stock market. IQ Option also has OTC binary options that can be traded over weekends for those traders who might be too busy to trade during the week. IQ Option’s binary options can be traded with a wide range of intraday expiry times, as well as β€˜end of the day’ and β€˜end of the month’. The charting tool selection lets traders choose from Area Charts, Line Charts, Candle Charts and Bar Charts. These are obviously useful for the spotting of various chart patterns.

  • They now demanding screenshots regarding the balance.
  • The article does do justice to the information provided.
  • I haven’t seen such a user friendly and smooth platform for a long time.
  • The IQ Options offers one of the best experiences for beginners.
  • You can choose between different assets by clicking on the drop-down box on the left-hand side of the screen.

We understand your concern however we are not a scam and the company has the right to review accounts to ensure safety on the platform. Once it is done and everything is fine, the withdrawal will be processed and completed. You can always follow up with the support team in case of questions. Their platform is also easy to use but the number of chart indicators and settings are good for beginners but not good enough for professional traders such as myself. I have to use other charting platforms such as CMC Markets and then execute my desired trade on IQ Option. Takes some getting used to, so test the latter demo account.

Alternative to IQ Option Brokers

Whatever device and application version you choose to use, they offer an intuitive and user-friendly platform for mobile and standard desktop trading. Use our free demo account to familiarise yourself with IQ Option trading platform and to get to grips with the trading process. This is a great way to hone your skills without risking any financial losses. When you feel confident enough, then you can start trading for real.


Below we have listed the current countries that are accepted and the countries that are disallowed from joining IQ Option as of time of publication. Both the platform itself and the proprietary software that runs the web/desktop platform and the apps have earned numerous reliability, β€œbest of” and technology awards. IQ Option also offers a potentially lucrative affiliate program with 137,000+ participants worldwide with generous payouts. Shane first starting working with The Tokenist in September of 2018 β€” and has happily stuck around ever since. I’ve already heard a lot about The Real Signals and have read almost everything from Stephen, but I haven’t tried it yet.

It provides special privileges for clients, including unique offers, increased profitability, a personal account manager, and access to training materials. Presently, there are over 90 customer support representatives available for users. The average wait time over live chat is 38 seconds. For email queries, there is a 14 minutes response time.

Unlike most other brokers, IQ Option has developed its interface. Nowadays, all brokers do that – but back in the day when binary options started, nobody was doing it. This foreign broker scammed a lot of people and also used other subsidiaries under their name to con people.

Typical Spreads and Fees

Some or all of the products/services listed on this page are from our affiliate partners from which we receive commissions. This, however, does not influence the evaluations in our reviews. Please see the issuer’s website for current information. How and where the offers appear on the site can vary according to the partnership terms. Affiliate partnerships may affect where a particular product is listed within a review, but they don’t affect the review’s content in any way. To conclude this it can be said that IQ Option is an incredible broker that strives to evolve and improve every time.

mobile apps

There are no time restrictions on the this account. You can refill your account balance to $10000 (not real money, of course!) as many times as you like. You can this account alongside a β€œreal account” – enabling you to test various methods and strategies without risking financial loss!

Legitimacy of Their Investment Products

IQ Option offers a range of deposit and withdrawal methods, including local bank transfers, international bank wire transfers, e-wallets, and credit/debit cards. Regardless of the amount withdrawn, IQ Option charges a flat fee of 31 USD or equivalent in local currency for bank wire withdrawals. As a regulated broker, IQ Option ensures that all Anti-Money Laundering rules and regulations are followed.

However, I’d say it depends on how the binary options at Nadex work. If you have a strong negative expected return due to much higher risk than reward for ATM strikes, I would avoid them. Generally, if you see a lot of similarities between Nadex and IQ Option, you should be careful. The most important thing to understand is that trading has nothing to do with fast cash and casino tricks. You need to understand a lot about economics, markets, and trading to become a decent trader.

IQ Option Review 2023: Key Features & Alternatives

If you are completely new to IQ Option, you will find their platform very intuitive and easy to use, but keep in mind that day trading can be tricky and risky. The time it takes for the money to reach your account depends on the method used. Usually, e-wallet transactions are completed in one day but card transactions can take up to 21 working days . The list of acceptable funding methods is Visa, MasterCard, Maestro, WebMoney, Skrill, Moneybookers, and Neteller. Binary Option, Forex and their likes are a means of making money but it’s more like gambling.

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Best Trading Platform Fiji April 2023.

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Please, be aware that when investing your capital is at risk, make sure to understand this before you start. As for your withdrawal, then if you have done everything correctly then you need not to worry, you can always connect with our support team and they will assist you. We have millions of traders on our platform and they are having successful trades.

IQ Option offers a single live account with excellent trading conditions, including spreads of 0.7 pips on the EUR/USD in exchange for a minimum deposit of only 50 EUR. However, its educational and market analysis materials are restricted, forcing traders to self-educate elsewhere. It also provides a limited number of tradable assets compared to most other brokers and charges high non-trading fees, including high withdrawal and inactivity fees. FX options require a minimum investment amount of 25 euro or $30.

Desktop Trading Platform

If you got your money count your blessings because other people are crying foul due to Iq option’s dodgy business practices. IQ Option entered the marketplace in 2013, and since then they’ve done a great job at differentiating itself from other brokers. First of all, their platform is proprietary; you won’t find it anywhere else.

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iq option broker reviewrs who upgrade to the VIP account will get a more personalised service, as the package includes a dedicated account manager. The platform has tools that include technical analysis, economic calendars, market updates and multi-charts too. IQ Option is available in 13 languages also, which is great for global traders.

This is a small part of the theft of this corrupt broker. After they loved to me on how to get my initial investment back and wasted my time they shut my account stealing my investment. I really want this to be solved for you as soon as possible, however, my access to the details of your account is limited. For that reason, to look into the matter with your withdrawal, I encourage you to get in touch with the IQ Option Support team directly.

This is certainly of great help when deciding whether IQ Option is for you or not. IQ Option offers a trading platform for CFDs that is very intuitive and well-designed. Unfortunately, you will not be able to trade with as many assets as other platforms.

Although, an overwhelming majority of reviews will be positive. Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations. You get the real account and demo account for free.


Opinions, market data, and recommendations are subject to change at any time. Past performance is not indicative of future results. In conclusion, deposits and withdrawals are made very quickly with IQ Option. There are no fees or small fees for your payment methods.


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