All the Reasons Why IQ Option is a trusted binary option broker and not a Scam.
IQ Options, the binary options trading site has won many recent awards, including the Most Reliable Binary Option Broker 2014 and the Most Innovative Binary Option Broker 2013. Added to these awards is 47 K + Likes on Facebook. Even though these 47K fans have enthusiastically validated the awards earned by IQ Options, there are still some IQ Options reviews that question its legitimacy as a powerful, trustworthy binary options trading site. So let’s look at the reasons for this detailed review .
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“Trust is earned 1 client at a time.” This is the quote from the IQ Options home page, where European CEO Alkis Hilton speaks about the background of the company. The trust of 500,000 people that Mr Hilton is proud to have earned since the company’s 2013 entry onto the digital marketplace, starts with the Free Demo – no credit card or personal information is required for interested parties to receive a completely free-of-charge tour around the workings of IQ Options. The goal of Alkis Hilton and his fellow entrepreneurs at the company was to create the very best binary options trading company worldwide and to offer the experience of binary options trading to almost everyone, by allowing traders to start with a low minimum deposit of $10.00. The IQ Options return on trading can be as high as 93%.when we review this with other broker this is very high returns
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IQ Option Unique Features
IQ Options is unique in that it trades in Russia, Europe and the USA; the page loads in Russian, English, German, Arabic and Indonesian, to mention a few, so the site has a real international flavour. Another key feature is the Free Demo account which clients can sign up for easily and quickly, and then use for an indefinite period of time. The VIP account also offers many rewards after the minimum deposit of $1,000 or the equivalent in many national currencies. By opening a VIP account clients are first provided with a personal manager and they are then able to put in place some methods of risk-control, by selecting the out-of-money refund of 60%. Other benefits include a fast processing time on withdrawals, entry into competitions and a month-by-month analysis of your trading by the company’s experts.
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The IQ Option platform Review
The IQ Option platform keeps the client interface simple and easy to read; the company does not trade in futures options but maintains their innovative platform by trading in binary options alone. The platform shows either trading beginners or experts how to make an 85% profit with one simple click of the mouse. The Put/Call diagram shows the immediate history of a currency pair such as the Yen/Euro or Euro/USD and asks the trader to nominate their position within 60 seconds for the turbo, or high-speed option. A correct estimate of either a higher or lower price than the current position can earn the trader a significant profit simply for predicting the trend of the price. Trade times also include 15, 30 and 45 minute options.
To trade on IQ Option you do not need to install any new software because the platform runs straight from the browser. The bright colours and focus on binary trading have made this platform one of the most popular trading platforms on the planet, but if you are not happy with the light-on-dark presentation it only takes one click on the half-moon icon to swiftly change the platform’s color presentation.
IQ Options have chosen iOS and Android as the programs that run their platform on your mobile device, so you can keep up with trading from outside the home if you wish to. A range of assets and markets is available on the IQ Options platform, all of which are standard and well-known assets worldwide. This means that it is possible to trade in the Latin-American, Asian and Chinese markets, and as always the platform will show simple and easily verifiable tables to help the trader gather information about the best ways to make a profit.
IQ Options Support
IQ Options also provides some free educational materials which assist the trader to analyse market trends and grasp an understanding of market indicators, such as Bollinger Bands and RSI. The Free Demo account allows traders who are new to the market to use the educational tools and to practise their newly-learned skills without outlaying any capital, which is another example of the platform’s desire to develop trust with all its clients.
IQ Options Detailed review
As one of the most popular, trusted and approved binary trading sites in the world IQ Options has a well-verified system for deposits and withdrawals of cash. The most important thing to remember when setting up an account is that the currency you set up an account in, is the one you must continue to trade in, whether you have chosen Dollars, Pounds, Reals or Euros. By remembering this simple piece of information, you will eliminate many of the problems which may arise when you begin to withdraw some of the profits you have made.
IQ Deposit Options
The type of account that you choose will also influence the processing speed of withdrawals, so that if you are on the best-quality everyday account, as opposed to the VIP account, withdrawals may take up to three days to process. For those who are holding a VIP account, withdrawals may take one day or less to process and be to be paid straight into your nominated bank account. In an IQ Options review, this platform was described as “Amazing, amazing software.” and the site continues to have a high amount of confidence placed in it, as well as being CySEC regulated.
The support at the broker is generally considered to be of a high standard, with options such as email, web-form, Live Chat and Skype in the trader’s native language being offered. Beginner traders also have access to the detailed FAQ and the training resources listed under the Education tab. The Free Demo account provides a cost free space from where beginners can begin to practise their techniques. Support staff can be contacted easily through the side-bar menu. All-in-all the IQ Options platform is a good platform for beginners because of the simplicity of its approach: only binary options are traded, although the platform also offers a variety of different trading methods which can be learned along the way.
When all the boxes are ticked, the consensus is that IQ Options is not a scam! On the contrary the broker is actually as safe, reliable yet innovative binary trading platform that offers a great trader interface, easily-accessible support, a flexible, international approach to currencies and markets and some fun bonuses and competitions which keep options trading lively and create some interaction in the trader’s community. It’s a shame that traders from the USA and Japan cannot start an account on IQ Options, but otherwise traders from Europe, Asia, Latin America and other nations will thrive on this site and safely make a profit.
Conclusion of the Binary Options Broker
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In conclusion, it is safe to say that this trading platform has genuinely earned its worldwide popularity. The IQ Options broker has been described as “extraordinary!” and as the way of the future for binary options trading. The international base of this platform is a great factor, but as with all sites that have a multi-cultural range, it is important to check the details. For instance, are you sure of the currency you wish to trade in, because this is the currency you will receive your cash-outs in?
Take advantage of the well-answered FAQ and the Educational pages to ensure that you are informed about all the interactions and transactions that can take place onsite – after all you are risking your own capital. That being said, once you have created an account on IQ Options, you will discover for yourself that you are in the hands of a fantastic binary options broker and a terrific company.