IQ Option is currently one of the most popular exchanges in Europe and other countries. However, many new users still question whether IQ Option is a scam. Here is the detail of IQ Option Reviews and instructions to open an IQ Option account.
What is IQ Option?
- Established: in 2013
- Head office: Yiannis Nicolaides Mall, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus
- Deposit and withdrawal options: Visa, Mastercard, Wire Transfer, Skrill, WebMoney, CashU, iDeal, Neteller, Qiwi, Fasapay, Yandexmoney, Boleto.
- Main account currencies: USD, EUR, RUB.
- Trading Assets: More than 500 types including currencies, commodities, indices, stocks.
- Binary options type: High/Low (Call/Put), Turbo.
- Minimum deposit: 10$
- Account Types: Demo Account, Real Account, VIP Account.
- Trading software: Exclusively on PC, browser, Android, and iOS
IQ Option is a binary options trading exchange (Binary Options Trading) in Europe. The headquarters of IQ Option is currently located in Limassol, Cyprus. Meanwhile, the website management unit and intellectual property rights belong to IQ Option Ltd, which is headquartered in Mahe, Seychelles Republic.
In addition, IQ Option also has offices and customer care services in many countries around the world such as UK, Russia, Spain, Germany, Italy, Thailand or Singapore.
IQ Option reviews
- It is one of the leading exchanges that are certified to operate according to European standards. Therefore, you can make sure of its safety and transparency
- Has a wide development network across all continents, including Vietnam.
- A diverse portfolio of trading assets including currency pairs, stocks, indices, and commodities.
- Offer the most ideal trading conditions among binary options brokers on the market.
- Simple and convenient for the trading of binary options with only two Call/Put (High/Low) options.
- User-friendly trading platform, intuitive interface
- Provide efficient trading analysis and measurement tools.
- Offer a wide range of trading account types suitable for both professionals and beginners.
- Available in many deposit and withdrawal methods.
- Professional customer service.
– Only two options available: High/Low binary option, aka Call/) and Turbo option (short-term option). Other popular options like One Touch In/Out of Range are not yet available at the IQ Option trading exchange.
– The Demo accounts can only trade quite a bit with only 13 different types of trading assets.
– Withdrawal time is about 3 to 5 days on average.
– It is a little bit complicated for the first time withdrawing profits to your bank account. You have to verify their identity through phone messages, confirm by ID card, bank card, and other account statements.
Is IQ Option reputable or a scam?
When joining any Binary Options trading exchange, what investors care about is whether the exchange is reputable, is it a scam and why can you trust this exchange.
IQOption is licensed and regulated by CySEC. Meanwhile, it is always looking to register with other regulators. IQ is a “legitimate” company. Besides, IQ Option is also licensed by the FCA in the UK.
IQ Option’s reputation is increasing by many awards they have won such as Most Trusted Binary Options Broker, Best Binary Options Trading App, Bright Binary Options Broker. You can see all of its prizes on https://iqoption.com/en/awards. Therefore, you can self-test and judge the reliability of the platform when deciding to join.
Complete guide to open an IQ Option account
Register an account
How to register for IQ Option account is quite simple, you just need to access the following link:
- Firstly, click on the Register button in the upper right corner of the screen
- Secondly, you just need to fill in all information including email, password, check the checkbox. Besides, you agree to the terms….then press the Create Account button.
- Finally, validate the email address.
How to deposit at IQ Option
Log in to your IQ Option account, click the Deposit button in the upper right corner of the screen.
Then you will see a message window as follows.
Practice Account: A sample account has 10,000 USD sample available for you to practice if you are a newbie.
Real Account: For real deposit and real withdrawal.
To deposit, click the Top Up Your Account button, then fill in the following parameters:
– The amount you want to deposit (minimum is 10 USD).
– Payment method: including Visa/MasterCard, Bitcoin, Advcash…
Finally, click on the Proceed to Payment button to proceed to the top-up step.
Then click on the Pay $1000 button to complete the deposit process, it will take you about 1 minute for the money to be loaded into your IQ Option account.
How to withdraw money at IQ Option
To withdraw money, you need to switch to your real account (1) and then select an icon like the red circle (2) in the screenshot below, you will see a drop-down menu, then select Withdraw funds to withdraw money.
So I have guided you through the detailed process on how to join the IQ Option trading exchange. The instruction is long but you can do it in just a few minutes.
The most important thing is that you need to prepare the relevant account types before you start. Hope you succeed and make a lot of money from trading.
If you have any questions, please comment below this article and I will answer.
WARNING: Investing in financial products carries a lot of risks that may not be suitable for some investors. Therefore, please consider carefully and control yourself before making any decisions. Refer to my Crypto Crew School reviews to learn more about crypto courses for newbies.