IQ Option is one of the most popular online trading brands in the world. With more than 40 million members, they try to make their services fast, accurate, and easy to use. Recently, they have expanded their options to CFDs on stocks and ETFs, Forex trading, and the original products called Digital Options. The online broker has refined its offering by providing new products, giving customers the ultimate online trading experience, and optimizing their investment portfolio. To know more about this online broker, keep reading:
Trading Assets and Trading Platform
IQ Option's offering can be used as a mobile app or accessed via the web-browser. The main thing is that this broker is interrelated with an in-house developed trading platform. Being based on the trader's needs, IQ Option website aims to offer a full-fledged trading experience. The easy navigation allows customers to find the option they need and give a fast reaction to market's shaking. As an online trading platform, it addresses the needs of newcomers and professionals as it involves sophisticated and complex options for all those binary options experts.
Some of the most advanced characteristics include a variety of charts, namely the candlestick charts, which enable a better graphic outline. IQ website is also equipped with Bollinger Band trading signals informing traders about the market being overbought or oversold. The platform also provides other nice features like automated assistance or robots, which can be launched from time to time for trade execution.
Registration and login at https://iqoptions.co/ are quite smooth, just like everything else on this website. What's good is that the platform features a smartphone app compatible with most iOS and Android devices. Simple, you can have one-click access to your trades.
Available Account Types
One of the most efficient marketing strategies is to establish a demo account for free so that novice traders can get some practical skills without the risk of losing any money. The account provides users with unlimited access to its data which means you can practice for how long you want. The Demo account is also equipped with learning resources that help new traders master the trading business.
At the IQ Option website, two types of real money accounts are established. Traders are allowed to trade with as little as $10 as it is the minimum deposit with the Standard Account. Thanks to many advantages like cash-back options, you may go as high as 45%. This account also involves special bonuses up to an amazing 80%.
When it comes to trading education, there are weekly webinars and tutorials you can join in developing your trading skills. These educational courses can serve as your guide to this hazy market. Depositing more than $100 is based on free trading signals obtained via email or message.
The IQ Option VIP Account is eligible for expert traders who need all the advanced mechanisms to turn their big investments into a profit. It starts at a $1,000 deposit, and in return, traders get a 60% cash-back rate, free trading signals, and access to smart functions and features. What makes this account so attractive is the 100% reward they can get as a welcome gift for joining the website. Also, this bonus is assigned to the account each time a deposit is renewed.
A personal account manager is standing behind every VIP account holder, because his/her mission is to monitor the efficiency of VIP account's performance. Moreover, it is important to inform this VIP account holders about analyst meetings where they are taught how to improve their trading strategy. Generally, IQ Option provides a high investment return rate which is higher than 90% for all winning trades. Meanwhile, most other brokers do not go as high as 90%.
Methods for Deposits and Withdrawals
IQ Option is equipped with a wide range of deposit and withdrawal methods aiming to keep up with their customers' favorite payment methods. Traders are allowed to manage their money via bank transfer, credit cards, Skrill, Neteller, WebMoney, CashU, Boleto, iDeal, Qiwi, and Fasapay. Withdrawals usually take one working day to be processed so that traders have an opportunity to enjoy their profit within 24 hours.
Still, traders should learn the funding methods carefully because some of them assign high withdrawal fees varying from $5 to $10. IQ Options minimum withdrawal amount is estimated at $10, although it may not be applied if a withdrawal fee applies.
Efficiency of Customer Support
The customer support is there to sort out users' problems and inquiries 24/7 in several foreign languages. Sadly, they do not offer the live chat option which is the most efficient one. Moreover, the phone line is not available for free, so you have to pay extra every time you need some assistance. At least, they have an online request form on the homepage that turns out to be the best option.