|Max Trade Amount:||$1,000|
|Bonus:||Up to $10,000 Bonus|
|Number of Assets:||75|
|Free Demo Account:|
|Types of assets:||Currencies | Stocks | Indices | Commodities|
|GTD Stop Loss:|
|Option Types:||High / Low | 60seconds|
|Expiry Times:||60 sec | 2min | 5min | 15 min | 1 hr | End of Day|
IQOption is a binary options broker that came online in 2012, owned by a holding company called Investlab Trading Limited, and it is run by Infofield Premier Limited, a Cypriot registered and based company. With a proprietary binary options trading platform, traders at IQOption can rack up to as high as 93% return on their investments in just some few minutes. Traders also have the chance of winning attractive prizes ranging from $250 to $500 in trading competitions organized by IQOption. This broker aims at making it quite easy for anyone to trade binary options and thus offers all clients with the best market conditions.
Promotions and Bonuses
IQOption offers a 100% Welcome bonus on deposit. The amount of bonuses a trader can get varies in respect to the amount deposited. The minimum deposit at IQOption is just $10, and to be eligible for a 20% bonus, customers will have to deposit $100.
Trading Platform, Payouts and Assets
The IQOption offer an excellent trading experience, as has risen to this challenge by building its proprietary trading platform known as the iqoption. This shows the willingness of IQOption in differentiating its products and services, whilst committing itself to providing some of the latest technologies via the implementation of innovative ideas in its product offerings. This in turn has translated into a smooth and fun-filled experience for traders on the IQOption trading platform.
Upon logging onto IQOption the customer is immediately redirected to the trading platform, with all other tools and links being accessed from the menu on the left side. The right side of the trading window allows users to place trades while the middle pane is reserved for the huge graphing tool. Traders on IQOption can chose between two types of binary options on the left side. Open positions are depicted by the small bubbles with the number next to each type. Zoom and move controls function separately and as such traders might need some more time getting used to the graph controls. The trading platform interface also has the deposit and withdrawal panes, which is an excellent feature. Clients might not need contacting support on IQOption since they can readily select bonus levels that corresponds with their deposits using this panes.
The lower end of the trading platform shows a list of trades that are being entered in real time by other traders. This is a good way to gauge the direction the market is going, although it does not measure the sentiment as seen in the SpotOption platform.
IQOption also carters for its mobile user and as such traders are able to download their trading platform for Android and iOS devices free of charge from their respective app stores. The mobile trading platform suffers a slight setback due to its high/low options and turbo options only offerings. Traders are unable to access exotic options with super high payouts on IQOption mobile trading platform.
IQOption offers one of the highest payouts in the binary options industry. Under normal circumstances, traders stand the chance of getting 93% return on their investments.
The total number of tradable assets on IQOption stands currently at 75, a number that isn’t impressive when compared to other brokers, but it is fairly suitable for any investor to develop a diversified portfolio based on available choices. The asset list is comprised of 43 equities, 23 currency pairs, 7 indices and 2 commodities.
Education and Trading Tools
IQOption does not offer one of the best education out there, but it sure does offer some useful resource. There’s a free article on “How to Trade Binary Options?” which is first on the education listings. Traders can access six other listings on IQOption Education and you’ll be required to register before accessing these listings asides the first (How to Trade Binary Options?), which includes topics like, Japanese Candlestick, Moving Averages, Alligator, The RSI and others.
Banking and Customer Support
IQOption offers one of the simplest banking services in the industry. It has a simple approach whereby withdrawing and depositing as well as bonuses and payment type choice are easily accessed via the same control interface shown after user’s logon. The deposit pane lists the available deposit amount along with the corresponding bonus amount. Withdrawals are similar, as the process just requires some few clicks to complete. Clients are expected to select the withdrawal method, specify amount and send the request.
Some of the deposit and withdrawal methods includes credit cards supported are Visa and Maestro, wire transfer, Qiwi, webmoney and Yandex. Withdrawals are processed within 3 business days, while VIP account users get withdrawal request processed within 24 hours. With a $10 minimum withdrawal on IQOption, users get a $5 fee for credit card withdrawals, $50 fee for bank wire withdrawals, while deposits are generally free.
Despite IQOption targeting Russian traders, its website is available in other major languages like English, Arabic, German, Spanish, Italian, Turkish, Portuguese and Indonesia. Traders can get in touch with the support team via email, telephone, live chat, Skype or a web form offered on the website.
Newcomers and intermediate level investors will find a comfortable trading solution in IQOption. Although new in the binary options trading scene, IQOption has slowly but interestingly built a reputable and trustworthy profile among the herd of binary options brokers, especially in the Russian-speaking market. This was further shown in 2013 when IQOption was named the Most Innovative Binary Options Broker at the international Show FX conference in Moscow.