IQ Option Demo Review 2021. Main features to consider

Joseph Reyes • Jun 14, 2021
Please note, that content on this page is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.
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Founded
2014
Demo
Free
Automatically opens after registration.
Minimum Deposit
$10
Withdrawal fees
None
Website
iqoption.com
Platform
Proprietary
Clean & simple design. Easy-to-use interface.
Bonuses
No
Regulation
CySEC

Trading platform

Modern exchange trading is automated. Hundreds and thousands of transactions per second are made on the world's exchanges. This is impossible without the use of automated systems. The exchange as a trading floor defines trading rules, gives first level access to its servers to connect brokers - authorized professional market participants.
Features of the trading platforms:

  • Can be installed permanently as a regular program. The distributive is downloaded and installed under Windows or MacOS.
  • A separate variety - as a WEB-terminal. No installation. Run it and work. Cloud technology for different operating systems.
  • The two main varieties are on desktop PCs and mobile devices for android or iOS.
IQ Option - is one of the largest international brokers and is included to the list of the best binary brokers. The company was founded in 2013 and in a short period of time has become one of the leaders in the field of exchange services in the CIS and all over the world. Today it is one of the most popular platforms for making money from trading, offering clients Forex, cryptocurrency, binary options, CFD markets and much more. Now this platform is used by more than 30 million traders around the world.
Let's consider working on the platform in details.

The main page of the site provides basic information on financial instruments and the trading platform.
Registration
Registration is simple, you enter your first name, last name, email, and password. Registration through social networks is possible. To open a real trading account, you must pass verification. Confirm the e-mail address, cell phone number, provide a copy of your ID. If you will be depositing from a bank card, you must upload a photo of your bank card.
Fund Deposit and Withdrawal
You can replenish the account by bank transfer, credit/debit cards Visa, MasterCard, electronic payment services Yandex.Money, Qiwi, WebMoney, Skrill, Neteller. Withdrawal of funds is possible to the same account from which you credited them. All deposit and withdrawal operations are performed without commission.
Trading conditions
A demo account would be a great option for beginner traders.
Two types of real trading accounts are available to all users: "Standard", minimum deposit of $10 and "VIP account" from $3,000. The broker offers more than 300 financial instruments for trading: binary options, forex CFDs, stocks, commodities, ETFs, cryptocurrencies. The leverage offered varies from 30:1 to 1000:1, depending on the chosen instrument. Currently, IQ Option offers its services to residents of the most countries of Europe, Asia, Latin America, Africa and the Middle East. The company offers its customers a very attractive affiliate program, which allows them to earn up to 50% of the company's profits for attracting new customers.
Trading interface
Trading is done on an online platform of its own design, and mobile trading is also available through applications for iOS and Android devices. The trading platform is very well designed, everything is intuitive. The chart is in the center, with buy and sell buttons on the right. Your balance is displayed at the top along with the assets you are currently trading. On the left side of the platform you can see a list of trading instruments. There is an option to connect 13 different indicators that you can activate in the chart interface. This user-friendly interface will help you follow your binary options trading plan with ease.
Security
IQ Option is regulated and licensed by the Financial Conduct Authority (FCA) in the United Kingdom, license number 670182 and by the Cyprus Securities and Exchange Commission (CySEC), license number 247/14.
Technical support
You can contact the support team by email and online chat. The support service is available 24/7. The Russian language is also supported. To check the work of technical support we opened a ticket, the response time was about 2 hours.
Fund Withdrawal
IQ Option is a brokerage company of world class, regulated and licensed by the world's leading supervisory authorities. A very good trading platform allows traders to work with a variety of financial instruments. Wide range of payment services enables easy withdrawal of the gained profit. All of the above gives us the opportunity to recommend this broker.

Awards and recognition

Since its inception in 2013, IQ Option has been one of the most reliable and trustworthy CFD trading companies. Over the past five years, the company has received special praise from the most respected experts in the field.

Below is a list of the most prestigious awards received by IQ Options.

  • Best Trading Platform, Forex Awards 2014
  • Most innovative binary options platform, IFM Awards 2015
  • Best mobile trading platform, IFM Awards 2015
  • Best Binary Options Broker, FX Report Awards
  • Best Binary Options Broker, IAIR Awards

IQ Option – is a platform for trading software

With the help of IQ Option trading strategies, you can create unique wealth in your stock market. In addition, with the right IQ Option trading strategies, you can learn how to increase your income with the various financial tools available on the platform.

There are strategies that can be accessed online to help new traders and experienced traders have better trading techniques to help them increase the returns on their investment instruments.

IQ Option trading conditions

IQ Option is one of the leaders on the financial market. The company was able to make trading opportunities more efficient and accessible to many traders.

To its merits can be attributed, first of all, the following factors:

  • The minimum deposit of $10.
  • The minimum amount of transactions is $1.
  • Availability of a free demo account so that you can quickly explore the features of the platform.
  • High profitability of trading
  • A variety of assets
The broker's trading terminal is superior in quality and functionality to many similar programs worldwide. Special attention is paid to the customer support (24/7), which is available in different languages and is improving every day, which makes cooperation with the company easier and makes IQ Option an ideal broker for traders.
Reviewer
The company allows many traders to earn money trading on the Forex, cryptocurrency, options, and CFD markets. Particular attention is paid to modern trends in trading: updated trading terminal, which is one of the best solutions on the market, convenient mobile applications, reliable cryptocurrency wallets, etc. All the above-mentioned factors make cooperation with the company more efficient.

All the main work is done on the perfect platform, which is the IQ Option broker's own development, which made the trading service convenient and user-friendly. Here you can change the background of the terminal, change the chart type, add indicators and chart elements for advanced technical analysis, use several charts at the same time, close several transactions quickly with one button and use the multiplier to increase your income. Read your price history, stop wasting and make a profit.

The functional IQ Option terminal is available on a variety of devices, including the ability to download a free mobile app that gives you constant access to the market no matter where you are. The broker's informative website allows you to read quality training materials and improve your skills. It has an online chat for traders and an economic calendar. To make forex trading more efficient with the broker's clients, users are provided with comprehensive professional support: these include volatility signals, current market news, stocks, etc.

IQ Option does everything to make cooperation with the trader comfortable. As every modern brokerage company, it offers an opportunity to work on a free replenished demo account - a real market simulator, which is not in any way different from the real account. The only peculiarity - the client trades with virtual money, the broker gives him $10,000 for that.
Today the interest of traders and reviewers of the Internet is winning binary options, and this is the best time to trade binary options.
Binary options - a trading instrument, which gives a guaranteed profit for the correct prediction of the asset price direction within the selected time frame.

Strategy of trading digital options on the IQ Option platform

Digital Option is a new tool that combines the classic and binary features created by IQ Option. This feature gives you more freedom and higher income potential than standard binary options.

You can determine the size of the potential gains and risks by changing the strike. By moving the strike price closer to current price levels, you reduce the potential profit of the trade and also limit the amount of risk.

Conversely, you may take additional risk by deviating from the actual strike price and hoping for additional benefits.

Digital options allow you to choose a holding period of one to five minutes, and you can sell them before they expire. If you feel the trend is going in the wrong direction, you can sell the option.

Here are the steps to take when trading digital options.

  • Choose the desired asset
  • Choose an expiration date
  • Choose the amount of money he wants to invest,
  • Choose the strike price
  • Wait for the expiration date or sell the option early.

Binary options strategy

Trading binary options involves predicting an increase or decrease in the underlying asset. If you are looking to hedge or speculate, binary options are a great alternative to predicting assets.

The IQ Option platform divides binary options into two types. One is the standard options, which expire from 15 minutes to an hour, with intervals of 15 minutes, while "turbo" options run from 1 to 3 minutes. .

The main features of binary options:

  • Expiration date: this is the period until the option contract is purchased.
  • Exercise Price: this is the price at which a call or option can be exercised.
  • Payoff offer: the payoff offer is the return that the broker offers traders, usually in percentages.

As with any investment, there are risks and rewards, so it is important to understand binary options before taking any action.

You can check out the initial versions of the most complete trading strategies for beginner traders.

The Classic Option Strategy

Like digital options, classic options are a simple tool that can be used as a powerful trading tool. The first and most important parameter of any classic options trade is the strike price.

The other two parameters of classic options are the single price and the expiration date. The expiration date is the date the right to sell or buy the asset at the strike price expires.

The market determines the single price of the option. An important advantage of classic options is the high yield, which lowers the option price by increasing the total return.

Is binary options trading legal?

This question worries many beginning traders.

In order for binary options trading to bring the expected results and take place within the law, it is necessary to choose a partner for binary trading correctly. A professional system broker with a good reputation always offers approximately the following list of services and facilities:

  • The license of the regulator
  • Exact quotations of underlying assets
  • Wide range of trading tools
  • Minimum parameters for market access
  • Professional trading terminal
  • Quick and easy to withdraw profit

C O N C L U S I O N

IQ Option broker has an excellent reputation among other binary option brokers and completely corresponds to the parameters of the professional platform for binary trading.

We hope you find this review useful and get enormous results in trading options or other assets.
Advantages
  • One of the leading brokers in the market
  • Convenient and user friendly trading platform
  • Prompt customer support in different languages
  • A variety of tools for trading in different financial markets
  • Vast opportunities for margin trading
  • Free online trading education
  • Qualitative market analytics
  • Protection against deficit balance
  • A variety of free tournaments with real-money winnings
  • Fast money withdrawal
Disadvantages
  • A limited number of commodity assets
  • A limited number of options
  • Ability to enter into transactions only on the up and down
  • Complicated verification process
  • Strict verification of all documentation when withdrawing funds, which can take several days
Today the interest of traders and reviewers of the Internet is winning binary options, and this is the best time to trade binary options.

Binary options are sometimes called high-low options. You must decide whether the price of the asset will go up or down. The moment you open a position indicates the strike price, which is equal to the current price of the asset.

You will see two colorful buttons on the IQ Option Platform. If you believe the price will be higher at the time your option expires, you click the green "Higher" button. If you think the price will be lower in the future, you must click on the red "Lower" button.

You choose the expiration period at the time you enter the trade. It can be as 1 minute or 1 month.

The payout is fixed and assessed as a percentage of the amount you invested in the trade. It varies for different assets and depends on the volatility of the market. In addition, the duration affects the speed of payout.

ABOUT AUTHOR

Joseph Reyes
Online day trader, researcher and analytic. Joseph can explain complex financial subjects in a easy way manner.
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