Iqoption Review

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  • Diverse Range of Trading Products
  • Easy & Quick Withdrawals and Deposits
  • Multiple Language and Currency Options
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Founded: 2013
Languages: ALL LANGUAGES
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Supported Apps:

Overview

IQ Option online crypto broker is a versatile trading platform providing customers diverse range of options. The financial assets and instruments made available by the broker include stocks,forex and binary options besides cryptocurrencies. Launched in 2013, the broker is managed and owned by IQOption limited.

Within a span of a few years, the broker has grown rapidly with its account holders numbering more than 20 million worldwide.

Based in Cyprus, the broker is regulated by CySEC(Cyprus Securities and Exchange Commission). This license is part of EU regulation, which makes the broker compliant with legislations of the commission. The license allows the broker to provide its products to clients belonging to various jurisdictions.

 

Benefits

IQ Option crypto broker offers an extensive collection of cryptocurrencies to choose from other than the major cryptocurrencies such as bitcoin, ripple and Ethereum. It holds and edge over other crypto brokers due to its dynamic trading platform.

With quick and efficient trading of various products such as binary options, forex, stocks and cryptocurrencies the broker has become a one stop solution for traders looking to trade on cryptocurrencies.

Here are the reasons why you should trade at IQ Option:

  • The broker offers fast deposits and withdrawals via a diverse number of payment options including Master Card, Visa, Web Money and more.
  • The trading platform offers high liquidity with its trading volume per month exceeding $11 billion.
  • The crypto broker is a legitimate regulated and licensed broker offering a reliable trading environment for beginners and professional traders.
  • A trader can short sell on a digital asset and profit from market movement that occurs upward or downward direction
  • With convenient Android and iOS mobile apps and web desktop application, the broker offers a great opportunity for crypto traders to take advantage of the market movements anytime and from anywhere.
  • Minimum deposit needed for trading is $10.
  • Demo account is available to new traders enabling them to experiment with virtual currency prior to trading with actual money.
  • IQ Option broker offers several trading tools for clients including market updates, economic calendar, volatility reports, historical quotes, technical analysis and stock screeners.
  • Traders can expand their portfolio by trading commodities, stocks, indices and various other assets in addition to cryptocurrencies.

 

Features

IQOption crypto broker has an exclusive trading platform. The platform is constantly updated to ensure traders find it easy to navigate and have an enjoyable trading experience. Efficiently customized, the intuitive interface helps traders to access any product, tool or feature they require.

The broker provides a hassle free way of dealing with cryptocurrencies via its desktop and mobile trading platforms. Traders have plenty of options on the trades and are able to switch between assets easily. The charting tools and other features of the platform including moving averages and Bollinger bands help improve trading performance.

The software is compatible with all major operating systems including Mac, Windows and Linux. The dashboard is customized and offers advanced charting options. Crypto traders can easily search for the cryptocurrencies they want to trade on.

Analysis is also easier as the broker offers updated and relevant information on the cryptocurrencies. The links to trading history, chats, customer support and training materials are easy to locate. Training videos also help as an important resource for traders who are trading in cryptocurrencies and other assets for the first time.

Accounts offered include demo account, real account and VIP account. Traders can sue the demo account to hone their trading skills. It offers $10000 worth virtual funds which the broker replenishes as they deplete to provide continuous source of funds for traders to practice.

 

Cfd Trade

IQ Option provides CFD trading for traders on over 400 indices and stocks. CFDs offer traders good returns with minimal risk. The CFD trading can be performed on top listed companies in NYSE and NASDAQ.

 

Forex Trade

IQOptions crypto broker also offers forex trading with over 26 currency pairs available for trading. By preventing slippage of stop loss positions the broker helps traders to avoid heavy loss of their investment. This applies for CFDs too.

 

Crypto Trade

With cryptocurrency trading picking momentum in recent months, traders are eager to try their skills on the digital currency. IQ Option helps traders interested in cryptocurrency trading by offering top cryptocurrencies which include Bitcoin, Ripple, Dash, Litecoin and more.

While it is difficult to purchase and sell the cryptocurrency, the CFDs offer a good choice for traders to benefit from the downward or upward movement of the prices. The broker also offers easy purchase and selling options for cryptocurrencies too.

 

Social Trade

Instrument

Spreads

USD/CAD

3

EUR/GBP

3

EUR/CHF

4

EUR/JPY

4

AUD/CAD

8

EUR/USD

2

EUR/AUD

9

AUD/USD

3

GBP/USD

2

AUD/JPY

4

*Spreads may differ based on the broker’s policy.

 

Commission

IQ Option provides good bonus returns as promotional offer for traders who reach particular fixed milestones. The broker also provides opportunity for traders to earn about 100% bonuses.

For crypto traders, the broker offers additional bonus via OTN tokens. The broker collaborates with Open Trading Network to provide crypto tokens as rewards for traders. The tokens are offered as weekly distribution. Traders can use the tokens for paying commission fees too.

 

Support

Support is provided by the broker via email, chat and contact form on its website. All queries are solved quickly with the team of experts present in the customer support section of IQOption. The personalized service is offered in various different languages including Swedish, Arabic, Italian, Chinese, Russian, Turkish, English, German and more.

 

Conclusion

IQ Option crypto broker provides a dynamic trading platform that helps traders to trade not only in cryptocurrencies but also other products such as Forex, stocks, commodities, CFDs and more. With EU license, the broker can be relied upon to provide good functionality and transparency in its financial transactions. Efficient platform, easy to use demo account, growing client base and good payouts make the trader a great choice for new and experienced traders alike.

 


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DISCLAIMER

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Terms may change frequently, and despite our best efforts it is possible that some information may be out of date, therefore we recommend consulting the provider's official website for exact pricing. To maintain this website as a free resource, we utilize links that provide us with compensation for referring you.

We are independently owned and the opinions expressed here (Except user's opinions) are our own.

 

 

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