The opinion of our experts
Online brokers offering web trading services are numerous since the explosion of FinTech, digital technologies applied to Finance. This has made the financial markets much more accessible to non-professionals. The quality of the services offered is just as disparate as the existing online trading platforms. What can we say about IQ Option? Is it a reliable and efficient broker? What types of investments do traders have access to? What fees are applied? In this review, we present our comprehensive and objective IQ Option opinion.
IQ Option opinion: what our experts say about it
It is impossible to present IQ Option without mentioning its constant rise in the hearts of investors around the world. Yet it is a fairly young trading platform since it was founded in 2014. Yet this has not prevented it from climbing the ladder of popularity quickly. This success is based on easily identifiable elements.
The IQ Option opinion is unanimous in many European countries where the online broker has risen to the position of leader : Germany, Austria, most Scandinavian countries. The other countries of an extended Euro zone are beginning to be seduced by a rather complete offer: Forex, shares, crypto-currencies, commodities, etc. IQ Option sends strong signals of its reliability thanks to its certification from the Cyprus-based CySEC authority, which monitors the European market, as well as from more local authorities such as the AMF in United Kingdom or the FCA in Great Britain.
The IQ Option strategy is based on a fairly competitive pricing policy, high-performance technological tools and particularly motivating personalized support.
Let’s now go into the details of this well-oiled machine: interface, registration fees, features, etc… IQ Option how does it work?
The French IQ Option platform
All users agree on the great fluidity and reactivity of the proposed web trading platform made available through investment intermediaries. French IQ Option is what we call a Market Maker. That is to say that it reproduces identically the reality of the stock markets. Traders do not physically buy the financial instruments present on the interface. They only speculate on the variations – up or down – of prices. The performance obtained by the interface is largely due to the software support provided by the indispensable MetaTrader 4 and MetaTrader 5, which are used by most reliable online brokers. They are very intuitive and offer unparalleled responsiveness to stock market updates, as well as very advanced analysis tools for easier decision making.
Open an account on IQ Option United Kingdom
Proud of its FinTEch approach, IQ Option fr offers a 100% digital registration. You can either fill in the form on the site by filling in the required personal data – surname, first name, contact email, telephone – or by connecting your IQ Option customer account via Facebook or Google. A validation code will be sent to the phone number provided. It is to be entered in the required space.
Once this step has been taken, the user is faced with a choice:
- the IQ Option demo account which allows you to practice online trading without any risk with access to most of the platform’s features and financial products
- the IQ Real Money Option account, which requires supporting documents (ID, proof of address) to be sent to the support for validation and a deposit to be made as start-up capital
Trading offers on IQ Option Forex
This is explained in the introduction. IQ Option Forex is particularly attractive for its diversified range of stock market instruments to be traded on the various world markets:
- equity CFDs, i.e. nearly 7,500 international companies listed on the stock exchange, some of which are listed on the NASDAQ and the NYSE
- 14 of the most popular crypto-currencies including Bitcoin, Litecoin, Ethereum and Ripple. The broker offers advantageous conditions for this type of investment
- 188 very active international Forex currency pairs. Example: EUR / USD, EUR / GBP
- ETFs that include 14 commodities (gold, oil, gas, etc.), stock market indices and baskets of assets. That’s almost 4,300 ETFs
In total there are more than 10 million options available for trading. A lot of data is permanently relayed through stock exchange operations to blow the right IQ Option trick which can represent a great opportunity for profits.
Many financial instruments are subject to the practice of leverage. IQ Option multiplies the trading power of its investors by lending them a sum of money that corresponds to the opening of a position with a larger volume. For example, currencies are subject to a leverage effect of 30. If the order wins the gains are multiplied by 30. If it loses the losses are subject to the same mechanism. It should be noted that IQ Option has added security to the trading account by preventing the passage to a negative balance
What about brokerage fees? Another point for the web trading broker. Its pricing policy is one of the most appreciated by traders. Beginners see it as an opportunity to secure their financial transactions with limited risk. Experts find it an incredible opportunity to boost their profitability by incurring limited charges depending on the transactions carried out. Here are the main IQ Option fees
- fixed charges (commissions or spreads) on a majority of financial instruments: Iq Option Forex, IQ Option Bitcoin, commodities; indices and CFDs
- management fees on the currency exchange rate for incoming or outgoing transactions (approximately 3%)
- an inactivity fee of €10 per month for any account that is inactive for more than 90 days
Make a deposit
An IQ Option client can make a deposit through multiple payment methods:
- credit card VIsa / Mastercard
- electronic wallets or eWallets: Skrill, WebMoney, Neteller
- applications according to the country of domicile: Sofort and Klarna
IQ Minimum Deposit Option set at $10, free and instantaneous. Several currencies are accepted by the platform
Make a withdrawal
Once again, the broker stands out from its competitors by offering a withdrawal as low as $2 as soon as the account has a positive balance. A fixed fee of $31 is to be expected in case of withdrawal by bank transfer. It is possible to withdraw your funds with the payment methods mentioned above. Our IQ Tip Option: Prefer withdrawals to an electronic wallet. The processing time is very short (maximum 24 hours) and the fees are very low.
IQ Option customer service
Feedback regarding the broker’s customer service has been generally very positive since the launch of the platform. What is most highlighted is the professionalism and active listening of the investment advisors. They are all experts in stock market investments and technology applied to Finance.
Telephone customer support is available in 3 languages: English, Portuguese and Spanish, which allows us to cover a good portion of the broker’s clientele. The service is available 24 hours a day, 7 days a week.
The contact methods for the IQ Option customer service are manifold :
- live chat
- opening a ticket from the Contact section
- telephone with a number assigned for each language spoken
The broker shows surprising performances: 46 seconds for each new pickup as soon as it arrives on the chat; tickets are processed in a maximum of 24 minutes.
If you are a customer with a VIP account you have a personalized manager, which reduces any waiting time on your requests
The advantages of the broker: IQ Option tip
This is an integral part of the broker’s marketing strategy. In addition to its high-performance platform, impeccable customer service and competitive brokerage fees, IQ Option offers a number of exclusive advantages that make a deep impression. Here is our IQ Option tip selection.
The platform’s automatic trading robot. It is the result of the best engineering applied to the Stock Exchange coupled with a very powerful artificial intelligence. Just download IQ Option Bot from the site. After a rigorous parameterization of your investment strategy IQ Bot takes care of carrying out financial operations and profitable investments for your balance. It is necessary to deposit a minimum of $100 in seed money to be able to start trading Bot. All observers and analysts agree that this initial bet is quickly filled by the profits generated. The ROI is around 80%.
Types of accounts
We’ve already mentioned the IQ Demo option account, which offers the opportunity to test the web trading platform free of charge, virtually and without financial loss. In addition, there are 2 real money accounts
- the normal account which gives access, after validation by the support, to 70 assets for a minimum deposit of $10 and a position opening from $1. This is the perfect option for beginners and cautious traders. All features are available including order execution configuration such as Take Profit and Stop Loss
- the VIP account which is in a way the Pro IQ Option account. The minimum funds are set at $3000. Total access to all financial instruments and tools. A personalized manager takes care of VIP clients. Withdrawals are processed within a few hours and a detailed activity report is provided on a monthly basis for performance monitoring
Depending on the type of trader account chosen, it is easier to diversify your asset portfolio. Profitability monitoring allows you to adjust your trading strategy to increase your profits more sustainably.
IQ Option is highly appreciated for the support and training it offers to investors of all levels. Beginners and professionals alike find relevant information on the issues they face during their career as a web trader. They can learn trading gradually.
Beginners can practice without pressure on the Demo account which is an excellent practice in real conditions.
The FAQ addresses various general topics about online trading and the operational functioning of the platform.
IQ Option advisors and analysts regularly publish specialized articles dealing with all the themes associated with stock market investment.
The blog allows you to keep up to date with the latest stock market news and significant events that are likely to influence trends. Analyses, explanations and strategies are on the agenda.
The mobile version IQ Option
Such a complete and technologically advanced broker could not do without a mobile version. IQ Option has developed an application, downloadable from Android and Apple Store, that takes all the features of the browser version and integrates them into a smartphone or tablet without any loss of speed or usefulness.
IQ Mobile Option is one of the most successful mobile devices on the market today. Completely responsive design, no display or speed problems. Navigate seamlessly from your wallet to your customer area via a few trend graphs.
Offer the pleasure of trading your assets from just about anywhere, anytime. Keep an eye on your investments at all times
IQ Opinion Option from our experts
What can we conclude about the online broker IQ Option? Is it really the web trading platform to follow?
Indicators pointing in this direction are legion. Throughout this review, we have presented the broker’s great technical, technological, marketing and financial qualities.
We can only agree with the many satisfied users and professional analysts. The low pricing, access to the main stock market instruments (forex trading, crypto currencies, CFDs), high quality tools, automatic trading robot and efficient customer service naturally position IQ Option in the preferences of both beginners and experienced traders. We can easily understand how IQ Option has established itself in several European countries and why it is likely to continue its market conquest for a long time to come. Thanks to a rational, expert and profitable proposal, the broker demonstrates that it is possible for everyone to make lasting gains and to consolidate them over time. The right tools in the right hands at the right time.
The conclusion is unanimous: IQ Option is more than recommendable.
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