IQ option entered the binary options market in 2013 and gained popularity and became a hit among South African traders. Their appearance enabled the whole industry to gain a lot of popularity. Primarily because this broker offered access to binary options trading at a low entry to trading the financial markets.
General Risk Warning: 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.”
This allowed many people to see what this type of trading is all about without ever having to invest any big amounts. Of course, had this been the only good feature about this broker. The company would never reach the status it enjoys today. We are here to show you why IQ Option is one of the best choices you can make when choosing a broker. We will share our insights with you in this IQOption broker review.
Apart from a completely free IQ Option Demo Account which doesn’t require a deposit from you, there are two more possibilities for you to choose from.
Real and VIP account types. The accounts are extremely well equipped and they offer some very interesting features. For example, you can set it so you are able to get a percentage of your investment returned if you make an incorrect prediction, Can sell options before the expiry time also.
Some very entertaining trading competitions are also available with these two account types. The VIP account offer some additional useful features such as monthly analysis or a personal manager. You will notice we haven’t yet mentioned the minimum amounts needed to start trading with this broker in this IQ Option review and that’s because we have a separate paragraph for it. Read more on iqOption broker review, it’s just below.
What Makes Them Awesome
So what’s so special about iqOption? Well, your minimum deposit requirement is only $10. With these ten dollars, you can open a Real account and enjoy all the benefits it has to offer. Furthermore, the minimum trade is set at only $1, providing you with complete control of your account funds.
Finally, we should mention that the required deposit for a VIP account is $3000, which is, once again, competitive for a top-tier account. But it’s not just the low entry amounts that make this broker so attractive – high payouts are pretty important, too. As a matter of fact, profits of up to 91%* are among the highest in the industry, so you really can’t go wrong with this broker.
Amount to be credited to account for a successful trade.”
The company excels in the aspect of transfer methods and safety of client information. They are regulated . Meaning it fulfills all the necessary requirements . Numerous prizes also prove that iqOption takes their clients’ safety very seriously. When it comes to transfer methods, you get to choose between bank wire transfers. Visa and MasterCard credit cards and several online transfer methods such as Webmoney, Skrill or Neteller.
You should also note in this iqOption broker review that iqOption Minimum Withdrawal is also very low ($10), so you always have complete control of your funds. Just note that you may only withdraw the amount you deposited with your card to your card (VISA or maestro). Profits more than card deposit amount can be withdrawn via Skrill or Neteller.
IQ Option also allows you to make a deposit in South African Rand. Make sure to check out all the currencies and minimum deposit amounts in the table below.
iqOption is among the very best brokers in the world, and we hope this iqOption post explains why. Clever business policy and its flawless execution attracted tens of thousands of traders to this company. Minimum investment and regulation allows you to see what binary options trading is all about.
The Platform Of IQ Option
A great new platform will also help you have a perfect trading experience. Offering indicators and new technology combined with instant trade. But you don’t even have to spend any money if you just want to browse around here. Simply open a demo account see what the broker has to offer that way. However, in that case you’ll be missing out on all the thrills binary options trading can provide. Thrills which are certainly worth a dollar or two.
IQ Option has its own specifically designed software that is simply great. Personally the feel and usability is very responsive (High speed internet provides the best experience). Here in South Africa IQ Option is used by many traders. The PC application is a very nice interface that allows you to view many charts with different times frames at the same time. Easy to use. Trading tools and education are available on the trading platform itself. The mobile app is also as good as they get.
We trust this iqOption broker review has answered the questions you have. Check them out below.
- Min investment is $10.
- Min trade amount is $1.
- Offers trading on currency pairs, stocks, commodities and indices.
- Advanced platform with trading tools for traders.
- Free Education. great resources and customer service.
- Accepts VISA and Maestro cards, ewallets: Skrill and Neteller payment methods.
“General Risk Warning: 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.”