Tuesday, 10th December, 2024
Tuesday, 10th December, 2024

Is IQ Option a Scam? Read This Brutally Honest Review

binary options broker
indicators

Then they have huge spreads, much greater than in the other platforms – that’s another 10% I think. Just would like to know if it is legal from Oman and from UAE (anyone experienced it?) and furthermore the maximum allowed withdrawal. I’m fully satisfied with IQ option, more than every other broker I traded with . All in all it’s a good broker, everything goes smooth and im pleased. From that moment, my trades started turning against me.

For example, the success and profit of Forex and CFD trades are dependent on the asset itself. The platform offers a suite of risk warning and management tools, such as stop loss order and user-defined leverage. IQ Option is committed to supplying a high level of customer service to clients, having a 24/7 customer support team who can offer knowledgeable advice and speedy assistance. IQ Option has provided high quality online trading software that is 100% web based so there is no need to download or install any memory heavy programmes to the trader’s PC or laptop. The trading interface is accessible from any place and at any time from any internet enabled device. This advanced mobile app allows access to all of the primary desktop functions from the palm of your hand as well as convenient access to all trading platform features.

Your argument that trading requires extensive economic knowledge may be true for longer term trading. I like that you are reaching out and trying to offer help. Nevertheless, I strongly disagree with your argument that the number of users has anything to do with your trustworthiness.

Summarising the IQ Option review

Besides binary options, they also let us trade stocks, indicies and cryptocurrencies. Everything is very smooth, quick and intuitive thanks to their custom-made application, available for Mac, Windows, Android and iOS. IQ Option LLC, also known as iqoption, is one of the established binary options brokers in the industry. As traders, we’d like to give you our honest review of the services they offer. If you don’t have the risk tolerance for losing money rapidly, using a platform like IQ Options, or any other similar broker may not be for you.

The success of its model is evidenced by the fact that IQ Option is the fastest-growing broker in the binary options field. It is also the winner of several awards, and Google Play rankings show that its mobile app has been rated as the best binary options trading app across 26 countries. I have used their demo account, the trading environment on it is very good, and I have made some profits. But when I switched to a real account, I was really disappointed.

Deposits and Withdrawals

Iq option is crazy, at first I didn’t believe it, and then I tried to deposit $1000, in half hour my m money raise to $2000. I am citizen of Bhutan, a small himalayan country located in between India and China. I am interested in your money making application and website IQ option. But since I being from a not widely known country, brings me a doubt in my mind that will it work in here. I mean will I be able to do the Pay and Call, and make some decent money and also first of all do registration.

products

The purpose of this feature is to educate the iq option broker review and to make them familiar with different trading strategies. The demo account would help the user to trade that suits their own needs. The demo version is perfect for the new users to get used to this platform. Trader can test different trading strategies in this account. The IQ Option Real Account offers traders a full trading experience with a minimum deposit of $10 USD.

IQ Option Learning and Trading News, Education and Tools

Account reviews timeline depends on many factors which we can not disclose here. We request your patience in this regard and please accept our apologies for any inconvenience. We regret to know our services did not quite live up to your expectations and we deeply apologize for making you wait. Please cooperate with our support team and they will follow up on this.

iq forex broker review

Thus, there is no law violation in your trading with us. I do not know really how to evaluate IQ Options, but that way of sweet painkilling responses forcing me to loose trust of IQ option readabilities. Find out how IQ Option stacks up against other brokers. IQ Option’s educational materials are limited compared to other similar brokers. Trading accounts can only be denominated in five base currencies – MYR, EUR, GBP, RUB, and USD.

Responses to “IQ Option Review – Is it SCAM or LEGIT broker?”

You are refusing to give me a specific period of time that the investigation will take.. Otherwise i will make sure that that 1000$ does much harm to your business than you have done to me.. You can keep that cash but i will hurt this business.

Flash Trading – Public Finance International

Flash Trading.

Posted: Mon, 10 Oct 2022 07:00:00 GMT [source]

To withdraw your profit, you need to verify your account. After you send correct docs to us, our specialists will check them and process your request. All brokers need to verify your account according to AML policies. Your account must be verified and they usually require proof of residence and back and front of your ID . My account was blocked due because I had to two more accounts.

Usually, e-wallet transactions are completed in one https://forexhero.info/ but card transactions can take up to 21 working days . The list of acceptable funding methods is Visa, MasterCard, Maestro, WebMoney, Skrill, Moneybookers, and Neteller. As a brand new addition to their line-up of trading ways, IQ Option has introduced FX Options. FX Options is a proprietary instrument created by IQ Option and can be closed before it reaches maturity. The upside profit potential is unlimited according to IQ Option, while the loss is limited to the initial investment.

  • Then, there is a built-in chat feature that lets you share your trading experience in real time with other IQ Option investors around the globe or communicate with support agents.
  • Also, we never freeze accounts just because they are making profits, we would not have been in business if that had been the case.
  • The traders can keep using this account as long as they want.
  • In the case of a bank wire, the funds can take up to a whopping 45 days to appear at the other end.
  • But for clients that deposit significant amounts there is a VIP account available.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. At this time, IQ Option offers customers access to over 30 currency pairs, over 190 stocks and over 20 ETFs. There’s a separate section for the Crypto CFDs, which features 12 assets. Most of the top market-cap cryptocurrencies are supported, starting with Bitcoin and Bitcoin Cash, and wrapping up with IOTA, Dash and Monero.

IQ Option is the best broker in the world; I love it. Eventually, I can trade with someone for years without having to change my account every two weeks after a broker is banned or closes down its business. Hi, until now I haven’t had any single problem with IQ Option. After two weeks, I can say everything works as it should.

The platform is excellent and exceeded my expectations. My positions on crypto were closed at a big loss even though we paid the comision. Watch out for them, because tomorrow they can take your money. I like how interactive and tehcnically good branded platform is, but I wish there will be a possibility to trade via Metatrader. Nothing personal, I am just thinking it would be an effective way to trade here.

Creating an account is straightforward, the process is fully digital, and accounts are usually ready immediately. Additionally, IQ Option charges an inactivity fee of 10 EUR per month after a period of 90 days of account dormancy. Overall, IQ Option’s trading fees are some of the lowest for a market maker in the industry. IQ Option provides little in the way of market research or educational materials, forcing traders to self-educate elsewhere. The video library offers new traders a basic introduction with short videos less than 100 seconds in length.

However, after a bit more effort being put into the research, the entirety of the company was in front of us like a book ready to be read. This is why we would like to suggest that when you decide to visit the website yourself, keep in mind that a little more effort is needed to find the info you need. The first reaction and thought we had was that an IQ Option scam was a possibility. More and more brokers are popping up and hitting our radar. Unfortunately, however, most of those brokers are not very trustworthy or reliable. We review every broker we find by digging deep in their services, history and try to catch some mistakes or giveaways that some people may miss.

According to IQ Option reviews we’ve come across, one of the features that attracted them to the platform is its ease of use. IQ Option was designed with a beginner investor in mind, offering intuitive trading tools, a fully customizable interface, a variety of indicators, and a supportive community. Trading with IQ Option has cleared the portfolio many times. But when ordering to withdraw money Brokers to verify identity again After uploading the document, it says that your document is already in use in another account.

What is MetaTrader? – Public Finance International

What is MetaTrader?.

Posted: Tue, 27 Sep 2022 07:00:00 GMT [source]

It is possible to email them and get the information you need with ease, although this might take a bit more time than you are okay with spending on this. Instead, if you want immediate assistance, you could go for the live chat option offered by the broker. The live chat is only available to users who are already registered with the broker and have logged into their account. But once you have access, you can get in touch with the company 24/7, no matter whether you are trading with IQ Option Africa or anywhere else in the world. Oh, how great the advantages of having a worldwide customer support coverage are.

losing your money

During our review, we analyzed the data of the past 5 years, there are no signs of declining . Trading with an IQ option is legal all around the world. IQ Option is safe.Apart from this, IQ Option is also available & legal in India. No matter if they are a beginner or an advanced trader, money and your data are safe. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds.

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