IQ Option Review 2024

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

IQ Option is an online trading platform which offers a variety of financial instrument like Options, Stocks, Forex and of course Cryptocurrencies.

IQ Option is based in Antigua and Barbuda and has millions of registered users in several countries worldwide.

What it Offers

IQ Option is now allows customers to trade Contracts for Difference (CFDs) on stocks, Cryptocurrencies, Exchange Traded Funds (ETFs), Forex, and a range of various digital options and provide it with a wealth of alternatives.

CFD on Stocks: From over 176 different companies, IQ Option allows users to trade CFDs on stocks including the most successful businesses listed on the NASDAQ and NYSE.

Cryptocurrencies: There are many other cryptocurrencies that users can use like Bitcoin, Ethereum, Litecoin, Ripple, Monero, Zcash, Omisego, IOTA, and Dash. 

ETFs: ETFs can be traded in the same way as common stocks, and traders can choose from approximately 4288 different ETFs and work by tracking commodities, indices and baskets of assets

IQ Option Demo Account

IQ Option offers a demo account that stands out. You can use the demo account as much as you want, there is no limit. You can get fully comfortable with your strategies. You can also practice your techniques.

On the demo account you get $10,000 virtual funds that you can use to practice your strategies and can easily have the amount replenished.

For using demo account you do not need to provide personal information before using it which is another standout element of the demo account. Without personal information demo account helps potential clients protect their privacy.

IQ Option Real Accounts

In order to gain access to a live account IQ Option requires a low minimum deposit and new traders can start off by just depositing $10. there are currently two trading account options:

Real Account. Users can request withdrawals that are processed within 24 hours which can be accessed with the $10 minimum investment and there are no restrictions on trading functionality. Real account holders can also take part in various trading competitions and this account provides access to over 70 assets

VIP Account. – This is available to Traders who:

Making a deposit of a significant amount provides VIP status for traders from non-EEA countries.

The VIP account also includes a personal manager. In addition to the features found on the real account, who is always ready to assist traders with any queries and issues.

IQ Option Signup

You can start by signing up via Facebook, Google or you can simply create an account by using an email address. Create your password and proceed.

After getting done with it you can immediately use your practice account or top up your real account before moving on to live trading.

IQ Option has its own proprietary platform which creates an enjoyable experience. It is also very easy to locate tools and features. You also get all of the underlying assets with the free demo account also, the platform offers a range of charting tools like Bollinger bands and moving averages which all help enhance trading capabilities.

IQ Option Deposits

You can start with the minimum deposit of 10 USD/GBP/EUR. There are not any fees for depositing funds also you can select your preferred form of deposit.

You have to go through the account verification process to make your first deposit which in the EU involves adding your phone, personal information, adding your trading experience and uploading photo identification. Requirements depends on country to country and also will need verification to make withdrawals from the site.

Customers get a number of ways to make deposits and withdrawals to and from their trading accounts on IQ Option. Users can use credit cards like Visa and Master Card, debit services such as Maestro and Visa Electron. Customers can also use payment methods like Skrill, WebMoney, Cash U, Neteller and Moneybookers.

IQ Option Withdrawals

In the case of withdrawal, the method will be based on the method that you used while depositing money. If you have deposited money via credit or debit card then you can only withdraw up to this amount to your credit or debit card, including deposits made within the past 90 days. And if there is any profit then it can be withdrawn via a bank transfer or your chosen e-wallet.

IQ Option will also process your request within three business days, regardless of your withdrawal method. Bank card payments may require additional processing time.

Keep in mind you must verify your account by submitting identification documents that before you can withdraw funds from your account.

Education and Training Resources

IQ Option includes various videos as well as webinars and tutorials that can benefit both newer and more experienced traders. Users can also access to a number of e-books and an FAQ section that covers the most common questions.

IQ Option Reviews

IQ Option reviews from most of the customers are positive but there are some occasional negative review.

Many users complaints about withdrawing funds and claim it challenging at times with the occasional issue related to having an account blocked.

Those reviews that indicate complaints against IQ Option are regularly interspersed with positive reviews. Instead, they are from people who claim to have had issues as a way to promote another service and as always with trading, you should know the risks before hand – these are volatile markets where it is completely possible to lose large sums of money if you do not know what you are doing.