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Everything you need to know about IQ Option's platform offering – ForexLive


An overview of IQ Option and its platform offering


Not all
brokers are created equal, which is why it is important to research as much as
you can about a platform before taking the leap to open an account.

For your
convenience, this review will look at IQ Option, a broker well-known for its
versatility and intuitive platform.

Specifically,
we will break down the instruments available, regulatory compliance, different
account types, broker fees, Support quality, and other platform resources.

IQ Option at a Glance

Launched
in 2013, IQ Option has established a solid reputation as a leading Forex and
CFD trading broker.

Over the
years, IQ Option has expanded its services to many instruments, including Forex,
stocks, cryptocurrency, commodities and ETFs.

The
platform is recognized for its wide range of assets, intuitive interface,
seamless trading apps for desktop/mobile, and outstanding customer service.

In
addition, it offers some of the lowest spreads in the industry.

IQ
Option traders have access to a plethora of technical analysis tools, an
in-platform market news feed, and free educational resources to help boost
trading performance.

Traders
are able to use all platform features on a free, replenishable $10,000 demo
account. Opening a real account for profit requires a minimum deposit of $10.

Regulation

In
trading, regulatory compliance exhibits how reliable a company really is. IQ
Option meets all regulatory requirements in the countries where it operates.

It is
registered in Cyprus as IQ Option Europe Ltd and acquired its CySEC license in
2014.

Account Types

There
are two main types of accounts that traders can open with IQ Option:

Demo
Account – This free account includes a $10,000 replenishable balance and offers
access to all the same features as a Real Account.

It is a
good option for exploring the platform and practicing trading strategies.

Real
Account – After depositing the minimal amount of just $10, the Real Account
becomes activated. This account can be used to earn and withdraw profit.

Note: In
order to withdraw money from a Real Account, the account must pass the
verification process. It is highly recommended to undergo verification as soon
as possible so that withdrawals and deposits are processed quickly.

Fees

There
are no fees on deposits or withdrawals nor commission on trades.

Deposits and Withdrawals

Traders
can deposit and withdraw funds through a variety of convenient channels,
including debit/credit card and eWallets such as Neteller or Skrill.

Most
requests are processed within 24 hours. However, some transactions may take up
to 3 days to be reflected on the account depending on the chosen method.

Trading Platforms

Trading
is available on both desktop (Mac and Windows) and mobile (iOS and Android).
The applications are regularly updated/maintained, and traders can expect the
same high level of performance across all platforms.

The
platform is customizable, allowing traders to choose between light and dark
mode, open multiple screens at once, and even create templates with preferred
technical analysis indicators.

Assets

Forex –
Popular major, minor and exotic pairs can be traded, including EUR/USD,
GBP/CAD, and more.

Stocks –
Clients can trade the shares of over 50 of the world’s most renown companies
from different spheres.

Cryptocurrency
– The list of crypto assets available includes Bitcoin, Bitcoin Cash, Ripple,
and other leading cryptocurrencies.

Commodities
– Oil, gold and silver are among the hottest commodities.

ETFs –
Traders can diversify their portfolio by investing in baskets of assets.

Risk Management

Among
the risk-management tools available on the platform, traders can find
auto-close, trailing stop loss/take profit.

Education

Video
tutorials – Traders have access to free video tutorials covering trading
strategies and step-by-step guides on how to trade.

Market
news – The in-platform news feed keeps traders informed of important events
that can affect an asset’s price movement.

IQ Blog
– An expanding library of helpful articles about all the different aspects of
trading, including actionable strategies and tips.

Support

IO
Option’s Support team is readily available 24/7 via email, calls, and
in-platform chats. Support specialists speak your native language.

Partners

An
attractive Affiliate program, established CPA program, and growing IB program –
IQ Option offers it all. A variety of special offers are presented, often
tailored to different geos.

Summary

IQ
Option provides state-of-the-art trading technology with impressive
functionality and a wide range of assets on multiple trading instruments.

Traders
have access to an intuitive interface, educational resources, and helpful
customer service.

Opening
an account on IQ Option is completely free and comes with unlimited usage of a
demo account.

To start
trading on a standard account, a $10 minimum deposit is needed. Deposits are
supported via bank cards, wire transfer, and e-wallets. Earnings can be withdrawn
anytime on fully verified accounts.

Get started with IQ Option! Open a real or demo
account by accessing the following link.
For bank trade ideas, check out eFX Plus

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