Is IQ Option a Legitimate Online Options Broker?

This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.

Overview of the IQ Option platform

IQ Option offers forex and options broker services. Commodities, CFDs and cryptocurrencies are other financial instruments that IQ Option provides. This company offers its products to traders from different regions like Latin America and Asia. This is an award-winning company and always introduces new features to make trading easy.

Now the question arises, is it really possible to make money trading on IQ Option? Well, like any other broker IQ Option does not guarantee that you make money.

There is always a risk in the financial instrument which results in losing money for traders. There are some traders who make money out of it and that is only because they have knowledge of markets and proper strategy which work for them also psychological stability is great support.

IQ Option scam or legit broker?

If you want to determine the website’s loading time then the easiest way is to determine it through third-party sites. After checking IQ Option’s standing time to other investment sites and as a result, it was in 18th position, which gives IQ a good reputation among other options and forex brokers.

After knowing the position of IQ Option among other finance companies, another thing to look at was the distribution of countries from which traders came. To sum up, IQ Option has visitors from over 250 different countries.

We can say that these all are actual traders. It’s good to say that IQ Option is trusted by traders all across the globe as no one country has over 20% of visitors.

From 2014 to date how has IQ Option developed?

In the beginning, IQ Option started as an options broker but over time they started adding other different financial instruments like forex, CFDs, stocks, indices and cryptocurrencies.

You can also use this platform on mobile apps and desktop apps. Other additions to IQ are indicators and tools that will make trading easier. VIP accounts are also available to increase traders’ earning potential. 

The main thing that makes this platform popular worldwide is its focus on the trader’s needs.

IQ Option complaints

Nobody is perfect! every online broker attracts trader complaints about time and IQ is no exception. There is one common complaint against IQ is its delayed withdrawals.

Although, it is a common problem with many other platforms. But the good thing is that there is no complaint about delayed withdrawals from traders.

To sum up, IQ is a genuine and progressive online options broker that serves traders across the globe. It is a good platform to make money with the help of different financial tools. So, if you want to be a trader, it is recommended to try a demo account first.

Happy Trading!