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IQ Option

Company IQOPTION LTD (St. Vincent and the Grenadines) / IQOption Europe Ltd (Cyprus UE)
Website
Broker type Market Maker
Minimum deposit 10 USD
Regulations CySEC (License No. 247/14)
Discount -

Average rating

View ratings
9
Total average

9/10

Credibility ( 8 )
No problems with withdrawals. No suspicious practices.
Customer Service ( 10 )
Contact with the support. Deposit/withdrawal process. Reliability.
Offer ( 9 )
Level of spreads and commissions. Product Range.
Platform ( 9 )
Ease of use, fast execution, reliability.

Description

IQ Option was a broker associated mainly with binary options. It is not surprising, since in the initial period of his activity he dealt only with such investements instruments. However, a lot has changed since 2008, when he started his activity. It is now a multi-asset platform offering such instruments as CFDs on currency pairs, cryptocurrencies, stocks as well as binary options. It is worth noting that cryptocurrencies and binary options are not available in the European branch of the company due to legal regulations.

It is worth adding that, according to the data provided by the company on its website, in 2020 over 7,000,000 accounts were registered on the platform. This is a significant increase compared to 2014, when the company had just under 85,000 customers.

Supported languages:

  • English
  • Russian
  • Turkish
  • German
  • Spanish
  • Portuguese
  • Chinese
  • French
  • Italian
  • Urdu
  • Hindi
  • Ukrainian
  • Arabic
  • Lithuanian
  • Thai
  • Azerbaijani

 

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

ForexRev Team

Specifications

Company IQOPTION LTD (St. Vincent and the Grenadines) / IQOption Europe Ltd (Cyprus UE)
Website
Broker type Market Maker
Leverage 1:30 EU / 1:1000 non EU
Minimum deposit 10 USD
Negative balance protection Yes (EU)
Regulations CySEC (License No. 247/14)
Trading platforms IQ Option
Payments Bank transfer, Credit/Debit Card, PayPal, Neteller, Skrill, WebMoney, Sofort
EUR/USD Spread -
Min lot 0.01
Country St. Vincent and the Grenadines / Cyprus
Established in 2008
Number of instruments 120+
Discount -

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IQ Option - No warnings

IQ Option - Reviews (1)

9.0
Partial ratings
Credibility:8
Customer Service:10
Platform:9
Offer:9

I like their Crypto CFDs. Support is really fast. They withdraw money on time.

Plusses No plusses
Minors No minors
Posted on

Submit your own review

No problems with withdrawals. No suspicious practices.
Contact with the support. Deposit/withdrawal process. Reliability.
Level of spreads and commissions. Product Range.
Ease of use, fast execution, reliability.

 

I confirm that this review was written based on my own experience and was not solicited in any way by any broker.

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