With 3.5 million customers and 1 million trades per day, IQ Option is one of the biggest binary options brokers – for good reason, as you can learn in our IQ Option review.
IQ Option is the ideal broker for newcomers to binary options. Combining a 100% risk-free demo with a profitable, easy-to-understand trading environment and low investment requirements, IQ Option puts newcomers in the perfect position to start a long, successful trading career.
In our IQ Option review, you will learn:
- How key features of IQ Option can help you make money.
- How to test IQ Option 100% risk-free.
- How to choose the right account type for you.
- How to sign up with IQ Option.
With this knowledge, you will be a big step closer to becoming a successful binary options trader.
Iq Option review – Key Features
IQ Option offers a number of key features that make your trading safer, more successful, and easier. Understanding these features and using them to your advantage can be the key to making money with binary options.
High average payouts
IQ Option average payout is 85 percent. Compared to other binary options brokers, this value is almost insanely high, putting you in the perfect position to make money. To understand the significance of an 85 percent average payout, consider this example:
Many binary options brokers try to trick their traders. While these traders advertise payouts of 85 percent, these payouts are only the maximum payout you can get. In real life trading, however, your payout will rarely reach 85 percent, often being much smaller, maybe around 70 percent.
This is no small difference. Since binary options traders keep reinvesting their profits, a difference in payout of 15 percent per winning trade will accumulate to a whopping 1,174,313 percent in extra profit compared to your first investment. Even if you started with a small investment of $10 on your first trade, after 100 winning trades, IQ Option would have made you an additional profit of $117,431.30.
Considering that an average binary options trader can easily make 5 to 10 trade per day, 100 winning trades can easily be accomplished in one month. Do you want to pass on the additional $117,431.30 in one month? With IQ Option, you don’t have to.
Continue reading our IQ Option review below….
Government regulated broker
Making big profits sounds nice, but you want to be 100% sure that you are dealing with a trustworthy binary options broker? Than IQ Option is ideal for you. IQ Option is regulated by the Financial Market Relations Regulation Center (FMRRC), a government agency that monitors every aspect of IQ Option’s business and makes sure that they offer a fair and honest trading environment.
Government regulation is always a strong indication for a trustworthy broker. Especially after the financial crisis of 2008, governments have every reason to be tough on new forms of investment, which is your guarantee that you will get an honest service from IQ Option, that your money is safe, and that you can earn money.
Best stand-alone demo in binary options
IQ Option is one of the very few brokers that offers a stand-alone demo. Especially for new traders, a stand-alone demo is a great tool to test binary options completely risk-free and without having to make an investment.
A stand-alone demo works as a separate account. To get the IQ Option demo, all you have to do is click the link we provided for you, select the demo to sign up with, and log in with your Facebook account, your Google account, or your email. The entire process is as quick and easy as installing a new game app on your phone.
Because both Google and Facebook never charge your account without your consent, this method guarantees you complete control, knowing that your demo will definitely be completely free and that there will be no hidden fees.
Compared to other binary options brokers, the IQ Option demo is incredibly customer-friendly. Almost all other brokers offer their demos as features of their regular accounts. To get these demos, you have to register a regular account with the broker, requiring you to deposit at least $250 to get the account, making the entire process both more complicated and more risky – you now have to share your financial information and deposit money with a service you have not tried yet.
If you prefer a simple, easy, and still high-quality demo, there is no better option than the IQ Option demo. Use the demo to test your skills, your strategy, and IQ Option risk-free before you switch to real-money trading. This way, you know that your system works and that you will make money with binary options and IQ Option.
Award-winning platform & high profile partners
In their long and proud history, IQ Option has won a number of awards. Among others, IQ Option has won these awards:
- Best Mobile Trading Platform (IFM Awards 2015),
- Most Innovative Binary Options Platform (IFM Awards 2015),
- Best Binary Options Broker Europe (Global Banking & Finance Review),
- Best Binary Options Broker & Best Binary Options Broker / Trading Application (IAIR Awards),
- Best Binary Options Broker (FX Report Awards),
- Most Innovative Binary Options Broker (Show FX World),
- Most Reliable Binary Options Broker (MasterForexV),
- World’s Leading Binary Options Broker (MasterForexV),
- Best Trading Platform (Forex Awards 2014).
As this long list of honors indicates, IQ Option is one of the most respected brokers in the industry.
If you are looking for a broker you can trust, IQ Option’s many awards are the best sign of a trustworthy broker you can get. Since awarding a criminal business would be the end of an award, all awards employ lawyers that check all nominees for their legitimacy. The fact that these lawyers not only approve of IQ Option but often consider it the best broker is a strong sign that you can trust IQ Option.
In addition to their rewards, IQ Option’s high profile partners are another strong sign that you can trust the broker.
Each of these profile partners, for example a Formula racing team, has their own lawyers to make sure that the team only partners with legitimate businesses. Since all of these lawyers approved of IQ Option, too, you can be completely sure that you are dealing with a trustworthy broker.
Binary options types
As we already have mentioned, IQ Option offers high average payouts on high / low options of 85 percent. With high / low option, all you have to do is predict whether the market will rise or fall over a given period of time. As long as the market moves in the right direction, it does not matter how far it moves.
This characteristic dictates that you would win 50 percent of your trades if you would simply guess which direction the price will move in. With an average payout of 85 percent, this is almost enough to make you money. To break even, you would only need to win 54 percent of your trades.
If you manage to exceed this value even slightly, you start making money. With a little experience, you should easily be able to win 54 percent of your trades, which is why IQ Option’s high / low options put you in the perfect position to make money with binary options.
In addition to high / low options, IQ Option offers these option types:
- 60 seconds options: A special for of high / low options with extremely short expiries from 30 seconds to 300 seconds – ideal for traders who want to increase their earning potential by making a lot of trades in a short period of time.
- Boundary options: An option type that allows you to predict whether the market will stay within a predefined price range or not.
- One touch options: An option type that allows you to predict whether or not the market will reach a target price.
- Pair options: A variation of high / low options, allowing you to predict which asset of a pair will outperform the other.
While all of these option types offer high payouts, too, IQ Option insanely high average payout on high / low options make the broker ideal for traders of high / low options. If you want to spice up your trading or take advantage of a special situation, you know that you have a high-potential selection of other binary options types at your disposal, too.
IQ Option offers assets in four categories:
In each category, IQ Option offers a long list of assets from all around the world. In this article, there is not enough space to list all of these assets, but among other assets, IQ Option offers:
- Stocks: IBM, Facebook, Google, Tatra Motors, Sberbank, Deutsche Bank, etc.
- Indices: S&P 500, DAX, EUROSTOXX 50, NIKKEI, etc.
- Currencies: EUR/USD, USD/AUD, USD/CAD, EUR/GBP, AUD/NZD, etc.
- Commodities: Gold, Silber, Oil, etc.
IQ Option constantly varies the assets they offer, aiming to provide traders with the perfect assets for binary options trading.
To start trading with IQ Option, follow these simple steps:
- Click the link we provided for you. It will take you to the IQ Option sign-up form.
- Fill out the form – it requires only basic information. You can also complete the process with your Facebook or Google account. Once you have submitted the form, you have an account with IQ Option.
- Deposit money into your account. To start trading with IQ Option, you need to fund your account. We recommend using a credit card to deposit money, as this will make your withdrawals easier. To prevent money laundering, you can only withdraw as much money with a credit card as you deposited with it. To keep your options open, deposit with credit card. Additionally, credit card deposits are booked to your account immediately, allowing you to start trading right away.
- Start trading.
That’s it. Once you have completed these simple steps, you are a binary options trader. You can start your journey to financial independence!
Our IQ Option review concludes that this is a great broker for newcomers and traders of high / low options. With average payouts of 85 percent, IQ Option puts you in the perfect position to make money from the start. Additionally, IQ Option offers one of the best demos in binary options, allowing you to develop a successful strategy 100% risk-free.
To test IQ Option now, click the link we provided for you.