Category: IQ Option

IQ Option Review – Is IQ Option A Scam or Legit?

IQ Option reviewIQ Option is a binary options trading platform that provides a variety of options & other instruments for traders. Essentially, their binary options have regulated times from one hour, which is broken down into fifteen-minute increments and may run up to one month depending on the setting that is chosen. Plus, a trader can use the speed trading options that operate in increments of five minutes each.

In this IQ option review, we will look at the features, including the new Digital Option product which was recently introduced, evaluate their advantages and disadvantages, and comment on whether this is the right company for you.

Why IQ Option

How does IQ Option work?

At first glance, IQ Options platform offers the standard features found in most binary options trading platforms. There is a registration process, minimum deposit, and the free demo of the site so you can learn how it works. There are numerous charts that you can refer to when making your trades and the site itself is easy to navigate. In fact, one of the most important features that IQ Option trading has is that their platform is laid out in an intuitive, easy-to-understand manner.

IQ Option features the standard call/put trading options that are broken down into fifteen-minute increments with some features that may be smaller, such as five minutes, and up to an hour or more. One new feature is Digital Option, a platform where there are more than 500 assets that are ready for trading on their platform.

You’ll find mobile trading apps for Android and iOS so you can make decisions anywhere you have a wi-fi or cellular connection. This allows for greater freedom and the ability to take advantage of trading opportunities that may not be possible if you can only use your computer or laptop.

Download IQ Option Android App From Window App Store Here.

Download IQ Option iOS App From iTunes Store Here.

 

Please note ’’CFDs are leveraged product & your capital is at risk”

One interesting feature is the trading competitions that occur on a weekly basis. You can take advantage of the free demo account and the minimum deposit to compete is only $10. This is a great way to hone your skills while risking little in the way of losses.

If you are looking for an IQ Option robot, you will not find any auto-trading version on the site. This may or may not be important to you depending on your style of trading.

List of regulated countries

Austria, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden, The Netherlands, United Kingdom.

IQ Option Benefits

There are several benefits to using IQ Option as your binary options trading platform, starting with the relatively easy setup. For those who are just getting into binary options or for those who are not pleased with some of the requirements from other platforms, IQ Option is refreshingly simple.

Variety of assets

IQ Option trading platform

IQ Option ceases to be simply a platform for binary option and becomes a universal place for trading the most diverse trading tools you are interested in. Recently IQ Option team has added new instruments like CFDs, Stocks, ETFs, Forex, CRYPTO currencies (CFDs) and Digital Option to their trading platform.

The Crypto Currencies offered by IQ Option are Bitcoin, Ethereum, Litecoin & Bitcoin Cash etc.

Properly Licensed

One substantial advantage is that the company is a legitimately licensed broker within the confines of Europe. Their headquarters is in Cyprus and they are licensed and regulated by the CySEC. For those who are concerned about an IQ Option scam, the fact that they are licensed should provide a little peace of mind.

Free IQ Option demo account

Unlike many other online brokerages that deal with binary options, the IQ Options demo account is free and does not require a deposit like so many others. This means that you can try out their system to see if it is right for your needs. At the very least, the free binary options demo account to help you make the best-informed decision about whether to join without having to put up any money.

IQ Option Demo Account

Low Deposit

It’s hard to find another brokerage that has a minimum deposit level of just $10. It demonstrates just how much this market has changed in the past few years when $250 to $300 were considered a low entry rate. This means that basically anyone can start trading right away with a small amount and add to it over time when they feel more comfortable.

Charts

The heart of all binary options trading is the supply of accurate charts so you can make better-informed decisions. IQ Option excels at putting out exceptional charts that provide a wealth of information. Compared to many other brokerages who deal in binary options trading, IQ Option offers plenty of information which means that you can feel more confident about your trading activities.

IQ Option withdrawal

Another advantage is the IQ Option withdrawal that is simple and easy to use. The straightforward nature of the process and the fact that there is no minimum amount makes it quite attractive to use. There are standard rules such as a 24-hour transaction time, proper ID needed, and the money must go to the same source from where deposits are made to avoid money laundering issues.

Of course, not everything about IQ Option trading is wonderful and there were few issues that some traders may have faced with this platform in the past which are as follows.

  • Designed for Short-Term Trading
  • Limited Options
  • Short Asset List

But now these issues have been resolved perfectly by the IQ Option team.

While you can extend some trading up to one month, for the most part, the activities are designed for the short-term. This means that if you are focused more on long-term results over weeks and months, this may not be the right platform for you. Plus, you are limited to the standard high/low or call/put options when it comes to trading compared to some other platforms. Finally, the asset list is rather short which limits your options even more.

Customer Support 24/7

The primary emphasis of these campaign materials is round-the-clock support on the trading platform, with the “Support 24/7” text. This is an important accept for an investor while choosing a broker.

Verdict

Appart from binary options trading, IQ Options does offer different assets & plenty of sound features that makes it one of the best on the market today. It is simple, straightforward, and offers good packages for their trades that is perfect for beginners up to seasoned traders.

There is no evidence of an IQ option scam or fraud, simply to take your money. They are a legitimate company that runs their operations with utmost clarity. If you are interested in trading, IQ Option offers a good, solid platform that you can trust. In this IQ Option review, we have looked at the various features along with the pros & cons to discover that it is proper, well-run system.

Digital Options Trading With IQ Option – Digital Option

In view of options trading, the “digital option” is now a popular trading option among the traders due to its various options to make the trade less risky. Digital options are now available with some selected brokers like IQ Option. You can now trade digital option on both the web and mobile applications of IQ Option. So it’s time to take a closer look at this financial instrument & take benefit out of it.

iqoption digital option new

What are digital options?

Digital Option Advantage

Higher Profitability (*Amount to be credited to account in case of successful trade): Up to 900 percent profit in case of sharp price movement in your favor.

More Flexibility: Sell the option at any point to reduce loss.

Strike Price: Varied strike price option allows for risk management.

While both types of options are based on asset or nothing option formula, the main difference between Binary Options and Digital Options is the presence of strikesThe strike can be understood as the market entry pointFor examplein binary optionsa strike is always the price or position of the chart for the current momentwhereas in Digital options you can choose the most profitable strike level yourself.

Start Trading Digital Option With IO Option Now!

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.

How do Digital Options work?

Digital options trading with iq optionAt any given timeyou have 22 different strikes to choose fromNote that the number of strikes displayed on the platform may vary depending on the scale of the chart and the situation on the marketThe yield in Digital options is directly dependent on risksso the maximum profit on this instrument is increased to 900%.

The ability to purchase multiple options for one expiration timealong with a lot of strikesopens up a huge number of opportunities for the traderAs for examplewith the help of digital options, it is possible to open positions in advanceThis allows you to enter the market with a clearly successful positionbut with a smaller percentage of profit due to understated risks compared to conventional options. Some time traders refer to it as the double digital option.

In the digital options, the trader, as alwayshas the opportunity to sell his position before expiration (but not later than 20 seconds before the end of the transaction)anddepending on the current priceeither receive profit or claim back some of the invested funds.

Start Trading Digital Option With IO Option Now!

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK RISK

digital option how to startFirst of all, click the listed trading instrument, choose “digital options” as your trading instrument & then select the asset you like to trade. Notice how the chart is accompanied by several parallel lines which are called strikes. Target price level set the market is supposed to either surpass or stay below.

Take on the strike price you believe to be achievable. You will see the profitability (*Amount to be credited to account in case of successful trade) of both digital call option and put option change accordingly in real time. This way you are able to evaluate potential profit and risk at a glance. Keep in mind, the more attainable the strike price the lower the profit is going to be and vice versa. A single digital option pricing can generate up to 900 percent of profit if the price of the underlying asset moving steadily in your favor.

You don’t have to wait for the option to expire, just click “sell the option” at any point to either secure your profit or cut losses. This feature giving you more flexibility managing the outcome. You can purchase multiple digital options of the same asset at various strike prices. This can give you the ability to experiment different strategy to maximize profit & lower the risk.

We wish you a pleasant digital options trading experience with IQ Option.

Start Trading Digital Option With IO Option Now!

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK RISK

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