IQ Option Review

The IQ Option in trading is thorough and convenient thanks to the online platform that facilitates trading in South Africa, Malaysia, Pakistan, etc. The online trading platform allows you to trade using various financial instruments, such as stocks, binary options, ETFs, cryptocurrencies and Forex products.
June 11, 2020

What Assets Can You Trade With IQ Option?

The IQ option is found in Cyprus and regulated by the CySEC (Cyprus Securities and Exchange Commission). CySEC authorizes broker operations under the CIF#247/14 license. IQ Option offers a trading platform across the European Economic Area and beyond since its inception in 2013.
Initially, IQ Option restarted off as just a binary options broker, but for now, they have over ninety trading options across several categories. They include market indices, commodities, currency pairs, and cryptocurrencies.

Stocks :

IQ Options promotions allow you to trade CDFs for free at the 184 best stocks of various companies. Many of the listed companies are most successful at NASDAQ and NYSE. The smallest investment reserve is $ 1 for CDFs with leverage up to 1:20. Some of the largest companies that list stock assets include Microsoft, Google, Apple, Amazon, Boeing, Tesla, and many others.

Forex

The most popular trading in the new markets is FX trading on IQ Option. Currency trading pairs offered by IQ Options are over 180. The traders in the EU get prohibited by the ESMA from trading binary options. Forex broker provides the IQ Option affiliate alternatives and does not violate the ban. The wide ranges of paired currencies include USD/JPY, EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CAD, and USD/CHF. FX options also allow traders to choose their strike price when trading at lower or higher percentages. The expiries offered are hourly for now but may later expand.

ETFs

IQ Option gives you the ability to trade CDFs on Exchange-Traded Funds (ETFs). An ETF offers to trade in metals, technology, emerging markets, semiconductors, energy, and future volatiles. The various securities combined in EFT get combined into a single basket and single-handedly traded in the financial instrument.

Cryptocurrency

Cryptocurrency assets can trade using Forex, CDFs, or traditional options. Multiple trades of cryptocurrency get leveraged in a business where the underlying price is a critical factor in the loss or profit of trading.

CDFs trades on 27 different cryptocurrencies for IQ options, including Bitcoin, Ethereum, Neo, Ripple, Cosmos, Litecoin, Cardano, Binance Coin, Stellar, Iota, EOS, ZCash, TRON, Dash and Bitcoin Cash. Significant margins get expected as the trading short selling options and leverage with fast deposits and the withdrawals are secure.

Commodities

Crude Oil Brent, Silver, Gold, Crude Oil WTI, and Platinum are some of the IQ Option commodities currently offered by CDFs. The minimum investment is $1 and 1:150 maximum leverage.

Deposits and Withdrawals

Method of deposit and withdrawal depends on the country you reside in, but generally, the offers available are Bank Account, E-wallet, and Visa or MasterCard. The minimum deposit is ten dollars, and the withdrawal cost is twenty dollars.
IQ Option main features and highlights
Base currencies
EUR, GBP, RUB, USD
Number of FX Pairs
57
Minimum Deposit
$10

Order Types

Binary Options

Binary options financial instrument involves the payment of fixed returns for correct predictions in the market on the price of an asset within a predetermined time-frame. They are simple trading derivatives that can get done on any exchange or instrument. Binary options are straightforward, and you could lose or win before the trade.

The legality of binary options has gotten discussed, but most of the companies involved still operate fully and fairly. Splitting opinions exist because some businesses out there serve as a scam. The regulations put in certain regions have led to some binaries getting withdrawn from the market. Binary IQ Option Malaysia is not regulated because there is a lack of a legal framework to control it. Most of the brokers are offshore, and such do not fall under the Malaysian jurisdiction and regulatory authorities.

Digital Options (CDFs)

Digital Options involve a financial instrument that allows the speculation of an asset price movement to the extent. The binary option is combined with the underlying asset to increase the price. When the prices move up, the returns also increase. Digital payout options involve the asset reaching the threshold specified by the trader and can go as high as 900%. Digital Options have a minimum investment of $1 and 60 seconds to 15 minutes time range.
Pros and Cons of IQ Option
Pros of IQ Option:

  • IQ Option is easy to operate; the investment platforms has a design that facilitates the data line processes very quickly. Investment operations are vital in the network, and the trading deposits are low.
  • Ease of income and payments is applied fast with simple and intuitive handling.
  • The general user gets the best experience. Depending on your taste, you will get a more comfortable operating on any web of your choice because most of them highlight easy navigation.
  • IQ Option affiliates become fully-fledged partners, and they gain access to numerous benefits that the ordinary members can't access.
  • CySEC regulation means the broker is regulated by CySEC, which guarantees that the provided services follow the EU's rules.
Cons of IQ Option:

  • IQ Option platform requests official documentation during registration, this looks like a scan, and it is tiresome with the process most probably discouraging users. Though this measure gets aimed for safety purposes, it can be an advantage as well to people.
  • Limited binary options trades can be restrictive for traders who are more experienced in the platform.

Final Thoughts:

IQ Option review gets to display how easy the platform can get navigated with a variety of securities available; trade deposits are low and minimum with the free demo account being notable. Not all platforms are right for everyone; hence ultimately, do your research first, especially with IQ Options and Forex, which come with risk ventures. The use of risk warning and stop-loss tools is vital to avoid making a substantial financial loss. Smartphones have become the best platform that you can easily access your trade platform while on the move. You have to download the app and log in to start trading. The platform offered is the same as the desktop app, and it has easy navigation.
While, if you are a professional, then it is recommendable for you to use FX Pro.

List of Top 20 The Best Stock Brokers in India, Pakistan, Philippines, Malaysia [2020]. Most popular brokerage firms 2019 for Stock and Commodity Trading.

TD Ameritrade is one the best platform available for the beginners and professionals alike for the trades of stock.

E-trade is a full-service online broker that was founded in 1982 and since then has grown into one of the most successful online brokers, one that you will be happy to trade with.

The company offers the most affordable pricing structure with the mutual funds transaction fee, which is the lowest of its kind. This is one of the main reasons that make the company competitive in the global market.

Interactive Brokers (IB) is one of the best platforms when it comes to trading options and other things. The platform is fully packed with tools that are sophisticated and makes the lives of the investors easier comparing to other platforms.

Made on
Tilda