General Risk Warning: Before deciding to participate in the Forex trading market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. Intro Forex Brokers is not responsible for communication failures or delays when trading via the Internet. Intro Forex Brokers employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Intro Forex Brokers is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Intro Forex Brokers Review has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
IQ Option Europe Ltd
US Traders Accepted
$10 withdrawal minimum, no commission, no deposit or withdrawal fees.
90% (Amount will be credited to account in case of successful investment)
US dollar, Russian ruble, euro, Great Britain pound, Brazilian real, Malaysian ringgit, Indonesian rupiah
Managed and owned by IQ Options Europe Ltd, IQ Option is a financial services provider . They have offered online trading services for many years, and continue to expand their offering.
During 2020, IQ Option also introduced margin trading. This moves them alongside the more established brokers and CFD operators in Europe and beyond.
For traders that are outside the EEA, their accounts are managed by a separate sister company called IQ Option LLC. The company is based in Saint Vincent and the Grenadines.
Regulation & Reputation
Regulations are the most important aspect to look at when looking at brokers. Without regulations, a broker isn’t trustworthy at all.
The good news is that IQ Option is regulated. But the bad news is that they are regulated and licensed by CySEC. CySEC is a regulator based in Cyprus and therefore, this regulation isn’t really trustworthy.
Good legitimate brokers are usually regulated by trustworthy regulatory firms like the SEC or FINRA.
IQ Option makes 2 live trading account types available, IQ Option Real and IQ Option VIP. The minimum deposit required to open an IQ Option Account is $10 USD.
IQ Option Real Account
The IQ Option Real Account offers traders a full trading experience with a minimum deposit of $10 USD. Users will have access to over 300 assets for trade and full access to their risk-free demo account.
IQ Option Account
🥇 Real Account
💰 Minimum Deposit
IQ Option VIP Account
The IQ Option VIP Account offers investors a selection of exclusive benefits. These benefits include High profitability rates, the use of a personal account manager, and Free tournament account participation.
🔎 IQ Option Account
🥇 VIP Account
Available to clients that deposit significant amounts.
💰 Minimum Deposit
Subject to Change
🤝 Account Manager
📊 Monthly Reports
⚙️ Additional Returns
IQ Option Fee
TRANSACTION & COMMISSION FEES
IQ option charges little to no commission fees. A fee of 2.9% will be charged if you open a ‘long’ cryptocurrency position. For example, if you invest $10 to buy the equivalent in Bitcoin, you will be charged $0.29 for opening the position (or 2.9% of $10).
Also known as a ‘Swap Fee’ or ‘Overnight Funding’, this will be charged on CFD positions left open overnight. This fee is set at 0.01% – 0.5% of the face value of the position and affects CFDs on forex, ETFs, cryptocurrencies and commodities. Brokers such as IQ Option will charge an overnight fee to cover the cost of the leverage a trader uses overnight.
IQ OPTION TRADING FEES
IQ Option does not charge any fees on trading activity. You’re free to profit off your open and closing trade positions without paying any trading or commission fees. Many brokers will take a slice of the profits generated from the ‘spread’, i.e. the price difference between where traders buy or sell an asset. However, IQ Option does not do this and instead generates its revenue by alternative means.
IQ OPTION INACTIVITY FEE
There is a ‘Dormant Account Fee with this broker. While some brokers only require that you log in to your account to keep it active, IQ Option charges a fee if an account is inactive for 90 days. If no trades are opened, pending, or executed inside 90 days, your account will be charged the €10 fee. The same amount will also be charged monthly afterwards if your account remains dormant.
While you won’t be charged for opening an account with IQ Option or making a deposit, it’s important that you submit your identification verification documents as soon as possible after you’ve opened your account. If you don’t submit them within 15 days after making your first deposit, all your funds (minus profits) will be returned to your account. If your balance is above €5 then you don’t need to worry, but if it’s below €5 then you’ll be charged a fee of up to €5.
IQ Option developed an award winning proprietary trading platform. The platform is user-friendly and easy to use. The trading tools included: multi-chart layouts, technical analysis, economic calendars, stock screeners, historical quotes, volatility alerts and market updates. Unlike other brokers, iqoption platform is available in 13 languages.
IQ Option's platform allows you to trade a variety of financial instruments and assets. These include stocks, Forex, binary options, digital options, ETFs, cryptocurrencies (such as Bitcoin, Litecoin, and Ethereum), and other commodities. The main screen shows a chart displaying currency value over time. On the right side of the screen, you can buy and sell currencies. The top of the screen displays the balance available in your trading account, and the asset that you are trading in.
The chart is in the middle of the screen. Buy and sell button are on the right side. Trading account balance is shown at the top.
You can choose between different assets by clicking on the drop-down box on the left-hand side of the screen. The trading interface has useful browse and search functions to help you find specific assets.
If you choose to trade, click on the buy or sell buttons on the right hand side of the user Interface. Input the amount that you wish to buy or sell. If you want to multiply your potential profit by a coefficient, you can use multiplier orders. This increases risk and the potential gain. You can choose and set thresholds that close the trade to avoid you spending much of your balance.
Technical indicators are useful in helping the user identify and monitor trends. Indicators give insight into which trades are likely to be profitable. The technical indicators include: Volume (exchange), Bollinger Bands, Alligator RSI, MACD, Moving Averages, Stochastic Oscillator, Parabolic SAR, Awesome Oscillator, ATR, Fractal, ADS, CCI, Ichimoku Cloud, KDJ, DPO, Belkhayate Timing.
Analysis – Charting Tools
IQ Option offers an array of visual charting tools. Charting options allow traders to map out their trading strategies. The graphs offered on the user Interface include Area, Line, Candles, Hollow Candles, and Bars.
Deposit and withdraw money
IQ Option offers more than 5 deposit and withdrawal methods. The minimum deposit for this account is only $10.
Investors can deposit money easily. This exchange offers you a lot of payment method options to fund your account.
In addition top up by card, you can also use other methods, including: wallet such as Skrill, Neteller, Mastercard, Visa, Webmoney WMZ, Webmoney WME or AdvCash.
According to many traders, the lack of a Paypal deposit method is a pity for this exchange.
According to practical experiences, depositing and withdrawing money with e-wallets and cards will be faster than depositing by bank transfer.
The IQ Option binary options trading platform offers you several other deposit methods depending on the country. The minimum amount for a trader to start trading with a real account is $10 (VND 230,000). This number is considered one of the lowest in the industry.
You should note that the exchange's trading platform only accepts deposits in US dollars and euros.
IQ Option Withdraw funds
Investors need to use the same method as when depositing. Although this exchange allows deposits without verification, you can only withdraw funds after you have verified your identity.
The minimum withdrawal amount is $2 (50,000 VND) and the maximum is $1,000,000 (23 billion VND).
Withdrawal requests take up to 3-5 business days to process. Some withdrawals may take a long time to anticipate depending on the remittance service provider and the remittance method. That's why we encourage you to check your account right after you sign up.
List we found in table below are product that can trade on IQ Option:
It’s not possible to invest in real stock with IQ Option; you can only invest in CFDs of some stocks.
ETFs & Funds
With IQ Option you cannot invest in ETF or investment funds; the only way to do this is investing via a derivative ETF products like CFDs.
It’s possible to invest in 41 currency pairs using CFDs, or through options (if you have a professional account) in 20 currency pairs.
IQ Option’s main investment assets are CFDs. You can find CFDs for stock (177 total), ETF (23 total), cryptocurrency (12 total), Forex (25 total) and commodities (4 total). The truth is that other trading platforms offer a bit more variety.
If you have a professional account, that is, if you can prove to be a finance expert. You’ll also have access to options with IQ Options. Be aware that they don’t have many available (48 total) though.
It’s also not possible to purchase cryptos using IQ Options. You can, however, trade cryptocurrency derivatives (CFD). There are ten cryptocurrency CFDs (Etherum, Dash, Bitcoin, etc). Take a look at eToro if you’re thinking of buying cryptos.
Finance professionals will have access to forty options if they so wish. Investing in fixed-income products such as government bonds is not possible.
Types of orders
You will be able to operate via market orders, take profit, stop loss (fixed through percentages). It’s also possible to establish a dynamic stop loss to increase or decrease it if the asset’s price moves in your favour. Be aware that the price of the order execution is not guaranteed, as for instance during high volatility periods.
It’s possible to increase leverage if you have a professional account and live in a European country. IQ Option offers users from other countries higher leverage levels. You will be able to adjust this level, but never to remove it completely.This means that, for example, if you invest $/€/£100 in stocks, your real investment may be $/€/£150 – if the price goes up, you will have higher profits, but if it goes down you will have more potential losses.
There are several ways to contact customer support:
IQ Option is actually a pretty reputable binary options broker today. However, as we said earlier, options trading is very risky, so you should be very careful when participating in this form! Good luck!
Before starting to trade, never invest too much money in one trade and always follow the rules of risk management. Focus on long-term profits instead of short-term trading. To make the right decisions, always follow financial news and events. It is necessary to create a clear trading plan and strategy and stick to it. Use technical analysis tools to support decision making. Focus on the difference between return and risk instead of just focusing on profit.
Avoid emotional pressure when trading and stay relaxed and patient. In addition, learn and constantly improve your skills and knowledge of Forex trading to achieve success in the field.
The above notes will help you get the best results when participating in forex trading and ensure that you minimize your risks and maximize your profits.