The VIP account with IQ Option provides all the features and offers as the usual real account but with some added extras. Firstly, lets clear up the qualification conditions as to be VIP with IQ Option you will need to either deposit $1900 or trade a minimum of $15000 in volume. If you don’t feel the need for either of these you can still choose to opt out of VIP even if you qualify as standard. The real account of IQ Option is the standard offering with no trading restrictions versus the VIP account. This account provides more than 70 assets to trade and a 24 hour withdrawal period which is a great point to bear in mind for those wanting to get access to their funds quickly. There is usually a free version with real money prizes alongside the real money version with a bigger prize pool based on the number of competitors. Taking a dive into an IQ option demo account can be a really great way to ease yourself into trading as a beginner, especially if you feel you will need time to get to grips with your strategy.
Make sure that you know first how trading works and have already mastered some basic trading strategies to minimize the risk of losing your hard-earned money. IQ Option is known as one of the fastest-growing brokers in the world so it’s not surprising to know that it has over 30 million traders around the world. In addition, it has won several awards, and its mobile app is ranked highly in Google Play Store. IQ Option eur retains an international focus and aims to cater to traders from around the world. The platform offers the possibility to trade in a variety of different currencies such as USD, GBP, EUR, Yuan, RUB, TRY, IDR and MYR. In addition to this the site also provides support in languages such as English, French, Italian, Spanish, Portuguese, Chinese, Korean, Arabic, German, Turkish, Thai, Hindi, Urdu and Norwegian.
Iq Option Instruments
Cryptocurrencies are another kind of assets that have been gaining popularity and have become a buzz in the market today. Luckily with IQ Option, you will have access to over 11 cryptocurrencies, and they give you a chance to make as much as you can with these currencies. They offer unique and highly leveraged cryptocurrencies that you might not find anywhere else.
IQ Option is also allowed in other non-regulated states like some parts of Africa, Asia, New Zealand, and Latin America. You should, however, note that particular financial instruments are only available in specific regions.
How To Get Real Account Iq Option?
There are three main types of accounts offered by IQ Option that includes the demo account, real account and VIP account. IQ Option is one of the most prominent binary options brokers today. It was established in 2013 and is managed and operated by IQ Option Europe Limited.
As we have evaluated the trading app in a separate section of this review, we will focus here only on the desktop version of the platform. This is similar to many other global online brokers who have IQ Option Forex Broker Review a core regulated company where required, and an offshore arm to help onboard traders from the rest of the World. This unregulated broker does not have an operating license in any jurisdiction.
The New Year Warm-Up is a nineteen-day tournament with a prize pool of $20,000 for a buy-in of $4. For a buy-in of $20, traders can enter the Grand Finale, which lasts one month and has a prize pool of $50,000. Terms and conditions do apply, and anyone interested in forex analytics participating in any of the tournaments should take the time to read and understand them. New traders should remain cautious, however, as trading tournaments tend to promote a false sense of knowledge and risky trading in order to win a portion of the prize pool.
However, one should be attentive while handing over the hard-earned capital to trading robots. Before we start with IQ Option review, let’s check some details about the platform. Trading fees are the same for both professional traders as well as retail.
IQ Option excels with regard to providing world class customer support. Their support team can be reached in a variety of ways including Skype, phone, email and chat. This broker offers decent effective returns where a successful trade can get you up to 92%.
Traders who value flexibility and control over simplicity may find them restricting. It also offers an alternative to trade with cryptocurrencies, by offering several digital currencies which include Bitcoin, Bitcoin Cash, Ripple, Litecoin, Ethereum, and several others. Further, the software solution offered by this broker is very easy to use. All the important functionalities have been integrated into the platform interface and are user friendly, so that even the new traders will quickly learn how to trade in it. But one should always keep in mind that CFDs are complex instruments and come with a high risk of losing money rapidly. So always consider whether you can afford to take the high risk of losing your money or not.
How To Trade Forex In Iq Option?
IQ Option has proven its worth and has done a great job in offering customer services and ensuring that traders are attended to on time and that they can Foreign exchange reserves get answers to all their inquiries. They have integrated a live chat feature that ensures that traders get to have their issues addressed in real time.
All other FX and CFD products have varying investment levels, as determined by the broker’s minimum margin requirements. If you are a binary options trader, especially during your beginning stages of your trading career, never invest more than you can afford, and try to use sound money management principles. Investing the maximum of $5000 per position can yield high returns, but a losing trade will also result in a significant loss. IQ Option does not pay any returns or cashbacks on losing trades. Customer support is available 24/7 via e-mail, while the support section also allows for the submission of questions. Phone numbers in seventeen countries, most of which are toll-free, provides the most convenient access to multi-lingual customer support. The FAQ section attempts to answer most questions and also points to live support for clients after they have logged into the trading platform.
Whatever device and application version you choose to use, they offer an intuitive and user-friendly platform for mobile and standard desktop trading. ~ IQ Option Europe may not offer the most advanced charting and analysis tools; it provides its traders a very simple and functional way to go about their trades and to interact with the network. Moreover, it also offers a demo account for its traders, and it offers dedicated customer support. The iOS and standard Android app do not support binary option trading. As you can see, the APK app and the PWA are the only apps with which non-regulated clients can trade binary options.
If you’re into technical analysis and trend following, you can choose among the different drawing tools like the trend line to establish support and resistance levels in price movements. For dormant accounts, IQ Option charges $50 or the equivalent in other currencies per month, on the condition that the client has available funds to pay. This is only charged whenever the account has been inactive for ninety consecutive days. Also, if a client has failed to provide accurate and appropriate documentation to verify their account after 15 days of their first deposit, there is a verification account closing fee. In this case, all of the client’s funds are returned to the client, excluding profit. This type of account has additional features, like personal account manager, free access to tournaments, higher profitability rates, and training material. There is no difference in spread or execution from the standard real accounts.
Traders looking for bigger returns will like the Digital Options, the returns on which can be as high as 900%. The risks associated with such options are higher as well though. Trade with a US-friendly Forex broker on advanced platforms for free.
- We provide the most accurate and varied forecasts and collection of statistics for each Forex broker.
- So always consider whether you can afford to take the high risk of losing your money or not.
- Prizes range from cash rewards to experiences such as Aston Martin race days.
- The United Kingdom is one of the largest, along with Germany and Sweden.
- The technical analysis toolkit of the platform includes 50 indicators, 4 types of charts , and over 5 graphical objects.
- However, there are times when the software chooses unique execution criteria based on clients’ custom instructions on order types.
IQ Option mobile apps are only available for Android and iOS devices, which are available for free from the Google Play Store and the Apple App Store. Since IQ Option is committed to their traders’ cause, we do anticipate the company to iron out any issues in the near future. However, we did miss out on a Web-Browser trading interface, which could have helped the broker to offer a complete online trading environment for those who require it. The platform does not sacrifice on the layout simplicity to add the full range of trading tools features. For instance, there is a large chart that enables the trader to monitor market conditions. Other incredible features include Bollinger bands, stock screeners, technical analysis, volatility alerts, economic calendars, etc. Finally, IQ Option is not available to the residents of countries such as the United States, Canada, and Japan.
Withdrawal processing times and support times have significantly diminished as well. To register with IQ Option, you simply need to complete two basic steps.