IQ Option has one of the best user-friendly binary options trading platforms in the market, which is equipped with advanced charting options, a large number of financial assets, and a reliable trading environment. IQ Option’s regulatory status and popularity also play a fundamental role in the broker’s continued popularity among all categories of traders in the financial markets.
IQ Option Overview
IQ Option is a European-spec binary options broker that has concentrated on providing a wide range of binary options products to traders from all over the globe. IQ Option is a verified and reliable binary options trading company that is prominently featured in the markets due to its exposure to the market and its market penetration. Countless new companies and even existing binary options brokers hope to replicate the success enjoyed by IQ Option. Nevertheless, IQ Option continues to innovate and evolve to keep abreast of the market changes and the ever-changing requirements of traders.
Is IQ Option capable of continuing its dominance in the market to give its competition a run for its money? Are there any IQ Option trading pitfalls that may affect the integrity of its customers? Read our IQ Option broker analysis that not only covers the platform evaluation, assessing payouts, and trading features, but also takes a look at the different aspects of investing in the markets.
Information on IQ Option Regulation, Company Fact Sheet, & Awards
IQ Option operates from Limassol, Cyprus, which is a European country that is a prime player in the European Union and the European Economic Area agreement. Cyprus is home to some of the largest financial companies in the market and is especially popular among the leading Forex and CFD brokers around the world. All financial companies in Cyprus are required to be regulated by the Cyprus Securities and Exchange Commission (CySEC), which derives its operational policies and framework from the EU Markets in Financial Instruments Derivatives (MiFID).
Even though IQ Option primarily operates from its headquarters in Cyprus, the broker has also set up satellite offices in different parts of the world, the chief among which is its office in Seychelles. Seychelles is a tax haven that offers attractive investment opportunities to companies such as binary options brokers, but it must be mentioned that EU regulation is more than sufficient to verify the authenticity of IQ Option.
IQ Option is owned by IQ OPTION Company Group and is officially known as IQ Option Europe on the European continent. The company was launched in 2013 and quickly went on to become a leader in the binary options trading market. As of 2016 estimates, the company has serviced more than 14 million accounts and has transacted close to $ 11 billion volumes per month as the average throughout 2016. The company claims to process more than 3 million orders per day, which does sound like a reasonable number, given the fact that there more than 14 million live accounts currently operating from the IQ Option platform.
IQ Option has its presence in more than 178 countries and has received multiple awards, including the ‘Best Binary Options Broker’ and the ‘Best Binary Options Platform’ awards at numerous award ceremonies. IQ Option has more than 12 distinguished awards and recognitions to its name, which makes it one of the most-awarded binary options brokers that we have ever reviewed.
Coverage Of IQ Option Financial Instruments & Tradable Assets
IQ Option has recently announced its decision to increase the number of financial instruments available for binary options trading. At present, IQ Option offers around 70 assets in total, but the company plans to increase the count of tradable assets from individual financial markets to take the number beyond 10 Million options. IQ Option proposes to include around 7845 stocks, 4288 ETFs, 188 Forex pairs, along with a vast amount of commodities, indices, and other options. Regardless, we have compiled some of the most popular and widely trade assets, according to recent company metrics: Forex Currency Pairs: CAD/CHF, EUR/AUD, GBP/AUD, AUD/JPY, GBP/CAD, GBP/CHF, EUR/CAD, USD/CAD, CHF/JPY, AUD/USD, EUR/USD, EUR/GBP, USD/CHF, EUR/JPY, NZD/USD, GBP/USD, EUR/RUB, USD/RUB, GBP/JPY, USD/NOK, USD/JPY, AUD/CAD, EUR/NZD, USD/SEK, USD/TRY,
Stocks: Twitter, Alibaba, Yandex, Baidu, Apple, Cisco Systems, Facebook, Google, Intel, Microsoft, Snap Inc., Oath, AIG, Amazon, Tesla, Nintendo, CitiGroup, Goldman Sachs, Coca Cola, JP Morgan Chase, McDonalds, Morgan Stanley, Nike
Commodities: Gold, Silver
Indices: Bitcoin, DFMGI (Dubai), TelAviv-25, Hang Seng, IOTUSD, ETHBTC, BTCUSD, XRPUSD, DSHUSD, LTCUSD, LTCBTC, ETHUSD
It is indeed marvellous news that the broker has decided to increase the market exposure by adding new markets and new assets, which can benefit a larger group of investors. IPQoption is relentless in its efforts to improve its credibility in the markets, which is a good sign that IQ Option is dedicated to refining its services and products for its clients.
IQ Option Fees, Payouts, & ROI Analysis
Under no circumstances do IQ Option clients need to pay any fees or costs for trading, as unlike FX and CFD brokerages, IQ Option provides a binary options service that only has two market participants. The broker offers an option to the trader to call or put an option with a predetermined expiry time, and it is up to the trader to either invest in the markets or refrain from trading. Once a trader decides to invest in the market, there are only two possible outcomes; gain or lose money, hence the term binary options trading. Therefore, IQ Option is entirely free of any fees or costs of trading.
The sheer number of options and assets do allow traders to trade any binary options as they desire, and the payouts differ according to the option and the market condition. IQ Option offers a maximum ROI of up to 92% on certain instruments, but overall, expect the payouts to be in the region of 65% to 90% on average. The minimum investment for a binary option is $1, with a maximum limit set for $5000.The maximum investment limit of $5000 may seem to be way too high than regular trading limits set by other brokers, as some of the leading brokers typically limit maximum investment per trade to $1500. Therefore, it is essential for traders to be careful about their investments, as investing $5000 per trade can result in massive losses during prolonged losing streaks.
IQ Option Platforms & Trading Conditions
IQ Option’s trading conditions are not far off from what is offered as standard for most binary options traders. For instance, IQ Option follows the classic high/low trading concept, which is divided into regular and Turbo options. There might not be as many binary options products and trading options at IQ Option as one might expect from a large broker, as other competitors offer a wide range of options to increase the flexibility of trading. Regardless, IQ Option has offered a wide array of financial instruments to choose from, which may be one of the reasons why IQ Option has limited its trading options to the classic trading systems.
To make matters easier for traders, and to ensure a full range of customizable options, IQ Option has designed and developed an installable binary options trading platform. The IQ Option desktop trading interfaces are available for Mac OS, Linux, and Windows operating systems, thereby covering the entire desktop trading market. However, the company has not provided any information on the availability of a Web Trader interface, which might have offered convenient trading options for traders while on the move.
The binary options trading platform for desktop offers advanced charting options, custom-tailored trading dashboard, and a wide suite of trading tools to help traders make the best use of the available resources for investing successfully. The IQ Option trading platform offers a premium feel and is one of the most advanced trading interfaces that are available in the market.
IQ Option Mobile Apps
The primary shortcoming of an installable desktop-based trading interface is that it cannot be scaled down for mobile devices. Normally, binary options brokers offer web-based trading interfaces that can be accessed on all types of devices, including desktop and mobile operating systems. Smartphone and tablet users sometimes access their binary options accounts through their device’s web browser and can enjoy all the features and functions at a single place.
However, IQ Option has chosen to take the more expensive route of providing dedicated trading platforms for individual devices. Therefore, IQ Option mobile trading is facilitated through the dedicated apps developed for iOS and Android operating systems. IQ Option recognises the importance of mobile trading apps and its significance in the modern world of investing, which is why the company has moved ahead with providing excellent mobile trading interfaces that offer comprehensive market access for binary options trading.
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