Published on October 28th, 2016 | by TBOR0
IQoption Broker review
IQoption is a bit different from all other brokers we have reviewed. We like unique brokers, especially when they are regulated and reliable for our traders. Some of the interesting fact about this broker is that it allows traders to start trading with demo account without the need to deposit real funds.
One of the rare brokers that allow low minimum deposit amount of just $10! Read more about IQoption broker review and check what innovative features they offer.
IQOPTION SPECIAL FEATURES
Most important to say is that IQoption offers completely free demo trading account. This is something we like with this broker, as fresh are not obligated to invest real funds if they don’t want to. Another amazing advantage of IQoption is its minimum deposit amount, that is under industry average – only $10. Probably the lowest minimum deposit allows beginners to carefully invest their funds without fear they will lose higher amounts. Traders are allowed to use more interesting features after investing some additional deposits.
We consider IQoption as a perfect match for trading newbies. Free demo account, low deposit and low requirements for real trading accounts. Start your binary career with IQoption and become experienced trader without much knowledge.
IQoption has prepared three different trading accounts. As it is already known, every account asks for minimum requirements that will help you unlock additional features. In IQoption case, requirements are so basic that traders can become VIP clients with investing only $3000, which is enormously lower than it is with rest brokers. IQoption is the extremely user-friendly broker that has focused on providing knowledge to their clients. They believe that investing in trader’s knowledge brings better results and we are supporting this opinion.
The first step where IQoption wants you to start learning is free demo account that will bring you insight into a trading platform and its features. Our review team has also registered with a free account to enjoy free services of this broker.
IQoption Demo Account
Includes free $1000 of virtual funds that should be enough to get feeling for trading and placing first trades. Demo account brings 100% safe trading without any risk. Traders are invited to join demo account to test the platform and to practice with different trading strategies. Traders are welcome to signup by using their Facebook or Google Plus account as this may be a faster solution. After signing in, the header should get registration mail with an activation link that should enable your trading account with IQoption.
IQoption Real Account
Perfect for beginners as it asks for only $10 to start real trading. Real account enables access to all trading assets. IQoption real account lets traders get information about trading competitors.
IQoption VIP Account
This account starts with only $3000. VIP clients have an opportunity for fast withdrawals, but we advise them to check withdrawal policy before making first withdrawal requests. IQoption VIP account includes personal account manager who will be available for any pieces of advice and questions. IQoption supports monthly analyst meetings with VIP clients. Meetings suppose to help discuss further trader’s strategy.
Traders are welcome to parallelly follow IQoption interactive education system which will certainly improve his knowledge. Education section is available in more languages that, besides English include French, German, Polish, Japanese, Turkish etc. Most important is that trader gets appropriate information from his broker and IQoption focuses on spreading as much possible useful data to its clients.
IQoption has won many awards for its innovation products and the latest award has been given for “Most Innovative Binary Options Broker” on ShowFX conference in Moscow.
IQOPTION TRADING SOFTWARE
Trading platform provides an excellent experience, even with demo account we have tested. The software platform is called IQoption which means this broker has managed to personalize platform based on their preferences.
Today IQoption is supported by IQoption 4.0 version. We were thrilled from the very beginning as we can say that IQoption offers extremely innovative and simple platform solution. During our analysis, we have come to the conclusion that IQoption implemented platform in their whole website which will give unusually good experience to its traders. The trading platform is connected with IQoption website and all of its tabs and links.
When we have logged on a demo account, IQoption platform continued to offer all links on the sidebar. This is a very good intention that offers traders to interact with the page while trading. The right side of the platform offers navigation panel which enables users to place trades. The Central part of IQoption platform has placed graph tool.
When we speak about trading options, IQoption offers High / Low and 60 seconds trading. When a trader decides to switch between options, he can do it on the left side of the portfolio.
Expiry times start with 60 seconds, 2 minutes, 5 minutes, 15 minutes, 1 hr and End of Day.
Trading platform also includes withdrawal and deposit section where traders can also choose between various bonus promotions. IQoption allowed investing funds through the interface without the need to contact an account manager. We are overwhelmed with platform and traders will definitely like this simple approach.
Like most of the brokers offer, IQoption also provides a mobile version that enabled trading on the go. To activate mobile trading, the trader needs to download Android or Apple application which can easily be found on market stores. Mobile application is free of charge. We just want to point out that mobile version provides only high/low and turbo options. Traders who search for exotic options will have to use the desktop platform.
*Traders who trade from Canada are not allowed to use IQoption desktop platform, but they can use mobile platform instead.
IQoption supports commodities, indices, stocks and currencies.
IQOPTION SUPPORT INFORMATION
Support is considered as one of the most important things with every broker. IQoption clients are given to contact them through email and live chat. We need to point out that live chat is only available when you register (even with demo account).This is something that might look as negative since most traders want to find out information about trading before creating an account.
Traders who have registered only with demo account can contact live support directly from the trading platform. For those more conservative traders, we are missing information for phone support, so email and chat stay the only two options at the moment. Support email is [email protected]
The site supports more than 13 languages which will be helpful for traders that are not so secure with English. We have tested IQoption live chat and we got an answer in just a few seconds.
IQOPTION BANKING AND COMPANY INFORMATION
IQoption provides plenty financial methods traders can deposit and withdraw their funds. The banking system is very organised and easy for use. All services are available through the trading platform and traders will be able to control their investments in just a few steps.
IQoption is regulated by CySEC, FCA, Consob, Regafi and CNMV and available for all traders except Japan, Australia, and the US.
Investing with IQoption is free of charge, while withdrawals take some fees, depending on payment method trader is using. If withdrawing with a credit card, the fee will be $5, but if a trader wants to withdraw through bank wire, he will be charged with $50 fee. IQoption allows withdrawals starting from $10! The trading portfolio allows tracking all trading and payment history.
We have only positive words for this broker, and if you are a complete newbie, we recommend you to start trading with IQoption!