IQ Option Review – Trading On IQ Option – Demo, App, strategy, Tutorial

Last Updated: April 20th, 2020
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4.8 Binoption IQ Option

IQ Option Review – Trading On IQ Option – Demo, App, strategy, Tutorial

IQ Option is one of the most transparent, trusted, and resourceful online trading platform especially for beginners as well as experienced traders and in this IQ Option Review, we will explain why traders should choose this online trading platform as their trading broker.

In IQ Option, it is possible to earn the highest amount of profit by investing a minimum amount. It is the fastest growing online trading brands in the world.

The broker offers such an unbelievable offer for all types of asset traders.

They started their business as a fully-formed of Binary Options Broker. At this period along with the Binary Options, this broker platform is also offering trade classes like CFD, Stocks, Forex, Cryptocurrency, ETFs, Indices, and Commodities. They also claimed themselves as a Dealing Desk Broker.

The minimum investment amount is only $1. Depositing amount is only $10. However, $20 amount is required to open a Forex or a CFD position. Moreover, the maximum profit is 93%, which is no doubt the highest rate of return in the trading marketplace.

IQ Option supports their traders with excellent trading instruments along with the best trading tools, market updates, newsletters, calendars and many more.

EU Countries: Binary Options and Digital Options are not available for EU (European Union) Countries. Non-EU Countries: FX Options are not available for non-EU Countries.

Warning: IQ Option does not accept traders from the following countries – Palestine, Russia, Syria, Turkey, Sudan, USA, Australia, Belgium, Canada, Iran, Israel, Japan, Latvia, North Korea. 

IQ Option Review – What Is IQ Option?

High Capital Risk Is Involved In Financial Trading

Since 2013, IQ Option has been successfully operating its business with an objective. The main objective is to deliver the fastest, accurate and user-friendly trading platform. It is owned and operated by IQ Option Ltd. The domain and all rights belong to IQ Option Ltd with a registration No. 24840 IBC 2018.

The company is also based in Cyprus and regulated in the EU. The license number is 247/14, which they acquired in the back 2014.

The broker platform is both licensed and regulated by CySEC, that stands for Cyprus Securities and Exchange Commission.

The motto is –

Trade at the moment, invest in the future“.

Dealing with this broker is sound and secure because they ensure trading transparency.  The broker has its own trading platform. It uses proprietary software, which is user-friendly to access and operate.

Trading, using this platform is smooth and trouble-free. The number of registered customers is growing day by day. As per the statistics which is available in their official site, the numbers of registered users are over 25 million till 2017.

From their journey in 2014 till 2017, more than 1.8 million number of transaction made per day.

As per their statistics (2014-2017), the transaction is worth $380 million per month.

The broker platform is worked with traders who are from more than 170 countries. As of 2017, 78 dedicated customer support member is there to help traders with various information. At this moment the number must be increased.

You do not need to consult with the dictionary because you can perform your trade in the native language. Over the world, more than 700 dedicated specialists work for traders to provide the ultimate best service.

Why IQ Option?

IQ Option is providing numerous trading tools to help traders in their trading. Using their platform you can trade the most volatile asset Forex, stock trading, Exchange Traded Funds (ETFs), and a brand new product called Digital Options.

In this section, we will give you some reasons, which we believe will give you a clear notion of choosing IQ Option as your broker.

These are –

  • A licensed and Trusted broker
  • The minimum deposit for Binary Options only $10
  • Forex or CFD min deposit $20
  • Maximum deposit $1000000
  • Minimum investment $1 per trade (Binary Options & Digital Options
  • For FX Options, min investment $30
  • Maximum investment $20000
  • Free and refillable $10 000 practice account
  • The maximum payout 93% 
  • Multiple trading type
  • Available Online Trading Tournaments
  • Mobile trading Enabled
  • Personal manager for VIP traders
  • A wide range of withdrawal methods
  • Minimal withdrawal $2
  • Manage your profit and losses limits
  • Proprietary Software
  • 300+ trading instruments 
  • Enriched learning centre
  • 24/7 customer service 
  • OTN Token on live trading

Awards and Achievements

IQ Option Awards And Achievements - Binoption

In our IQ Option Review, after researching we get, IQ Option is an Awards winning broker won several Awards including –

  The Academy of Interactive and Visual Arts Awards for “2017 Award of Excellence”,

 Mobile Star Awards for “The Intelligent Trading App for Binary Option”,

 Business Initiative Directions Group Awards for “Century International Quality Gold”,

 The Web Marketing Association Awards for “Best Technology Application”,

 Global Brands Magazine Awards for “Fastest Growing Binary Options Brand”,

 IFM Awards 2015 for “Most Innovative Binary Option Platform” and “Best Mobile Trading Platform”,

 Global Banking and Finance Review Awards for “Best Binary Options Broker Europe 2015”,

 IAIR Awards for “Best Binary Options Broker and Best Binary Options Broker/Trading Application”,

 FX Report Awards for “Best Binary Options Broker”,

 Show FX World Awards for “Most Innovative Binary Option Broker”,

 RACE Awards for “Best Affiliate Program in the Industry”,

 Master Forex-V Awards for “Most Reliable Binary Options Broker” and “World Leading Binary Options Broker”,

 Forex Awards 2014 for “Best Trading Platform”.

IQ Option Sign Up and Sign In / Login Process

IQ Option Sign Up And Sign In Process - Binoption
IQ Option Sign-Up:

To sign up into the trading platform traders need to put their personal information like the first name, last name, e-mail address along with the password. Anyone can also sign up with Facebook or Google Plus account but we will suggest using email signup who are serious for trading.

An activation link will send into your mail to activate your account

Agree with the terms and conditions given by the authority of the IQ Option to open a free account.

You can choose one from a demo account or a real account. To perform the trade with a real account, you have to deposit a minimum of $10 dollar.

Either you can directly Sign Up only with your email from the below

High Capital Risk Is Involved In Financial Trading

IQ Option Login:

By using your Facebook and Google+ account, you will able to log in to the IQ Option trading platform. You can log in to the trading platform by giving your registered email address and password.

Account Verification

Traders need to follow some steps to verify their account. To start the process of the transaction, you need to verify your account with a few steps.

Step 1: Confirm your email. IQ Option team will send a code into your email address. Enter this code in the relevant field.

Step 2: Confirm your phone number with your country code. Enter the sms code in the relevant field.

Step 3: Verify your personal data.

Step 4: Input information regarding your trading experience and strategies.

Step 5: Upload your documents for verification. To get verified, you need to submit the following documents-

IQ Option Demo Account

IQ Option Demo Account Trading - Binoption

High Capital Risk Is Involved In Financial Trading

It is better to have the knowledge and little experience before starting an investment in the trading market. IQ Option offers a Demo Account that is worth $10,000. The demo account is free and refillable. You can top up your account balance if it is lower than $10,000. 

After signing in, a trader will get virtual currency to place trade. You can easily switch into the real account after depositing the minimum amount $10. In the demo account, you will find full underlying trading instruments.

The demo account-trading platform is the same as the real account. In demo trading, a trader will go through the same experience as real trading.

With the help of the demo account, traders can easily perform practice trade to find out the best trading strategies. It will also help you to apply your trading knowledge without any risk. You can try different trading patterns with the help of the practice account.

Therefore, it helps a trader to be prepared and confident to place a trade by himself. Besides, it ensures a higher success rate.

Account types

IQ Option Account Types - Binoption

There are three types of account offered by IQ Option apart from the demo account. We already mentioned the advantages of demo account in an earlier section of the review.

These are –

IQ Option Real Account:

Depositing only $10, a trader can open an IQ Option Real Account.

The maximum deposit amount is $1000. A deposit amount exceeding $1000 will qualify you for a VIP account.

There is NO BONUS option available for traders. Anyone can open this account without any requirements.

Besides, traders will get weekly webinar and access to participate in the web brokers trading tournaments.

IQ Option VIP Account:
IQ Option VIP Account - Binoption

Only Non-regulated traders can obtain a VIP status.To qualify, Trader needs to fulfill at least one of the conditions below in a period of three months:

 Total minimum deposit amount for the last 3 months – $1900

 Trading volume for the last 3 months – $15,000

VIP traders will get special privilege from the IQ Option team.

This account ensures the profitability of traders on binary options but keeps in mind that Binary Options and Digital Options are only allowed for Non-EU Countries. If you are from a country of EU (European Union), then you can trade FX Options.

Apart from this, the traders will get a high return, personal account manager, special conditions for tournaments and unique bonuses.

For expert traders, the team prepared a wide range of training materials.

IQ Option Islamic Account:

For those, who follow the Islamic faith will get a special Islamic account. This account is specially designed for them to meet their trading goals.

You will get:

HIBAH means you can donate a part of your profits to charitable organizations without any fees.

A wide range of multipliers

Free online trading platform.

Interest-free trading (No fee applicable for opening, closing and holding position).

Full transparency

IQ Option will charge 50 EURO for an inactive account. An account will be counted as an inactive account if its stopped operation 90 calendar days in a row.

IQ Option Trading App

You can trade over 300 trading instruments in the IQ Option trading platform. Discover thousands of trading and investment opportunities with IQ Option trading app.

Traders can download the trading application for their mobile device as well as the desktop device. You can download the app for android and apple from iOS and google play store. You can browse directly from the website.

IQ Option Trading App – Mobile:
IQ Option Mobile Trading App - Binoption

In the mobile device, apart from all other tabs which are available for browsers, a trader will find assets price movement separately. Having a mobile application is beneficial for traders.

It will increase your flexibility in the trading field. Traders can perform trade from anywhere he wants. A mobile app is fast and easy to use. It will notify you on a trading update.

Unfortunately, options traders could not perform binary trading from the mobile application. 

For Apple device, the operating system must need to be iOS 9.0 and for Android device, Android 4.4 with 50 MB hard disk space.

Traders can download the IQ Option App from Google Play Store (for Android) and App Store (for iOS).

IQ Option offers a progressive web app (PWA), which behave like a mobile application. This app is mainly a desktop application. It doesn’t require the user to visit an app store or download any files locally. Instead, PWAs can be installed by clicking the “Add to home screen” button in any browser.

Moreover, you don’t need to download IQ Option app to your desktop and mobile device.  Those traders who use iOS application can use this app to perform binary options trading. To know the advantages of PWA application, read this blog post. 

IQ Option Trading App – Desktop:
IQ Option Desktop Trading App - Binoption

Traders can download iq option trading application for desktop.

The IQ Option platform works faster for the Windows and Mac OS desktop device.

You can access the trading platform instantly.

Your desktop needs to support OpenGL configuration for maximizing the computer’s video card resources.

Following the configuration needed to start the IQ Option platform in your desktop device.

Operating system:
Windows – 7, 8, 8.1, 10
macOS – OS X 10.10 Yosemite

RAM: 2 GB (4 GB recommended)

Video card:
macOS – OpenGL 2.0-friendly
Windows – DirectX 9

Hard disk space: 130 Mb

If a version of the app is not available for your device, you can still trade using the IQ Option website.

Trading Assets

IQ Option Assets - Binoption

IQ Option is working with a particular trading type named Binary Options at the very beginning.

They are now offering an expanded version of a trading type for all types of a trader and they are Forex, Options (Binary, Digital, and FX Options), CFD and Cryptocurrency.

The trading platform is fast, accurate and easy to use. Placing trade using this platform is a pleasure.

There are 7 types of asset classes named OptionsForexCryptoCurrencyStockIndicesCommoditiesETFs. Under these classes more than 300 trading instruments are available. Traders can place a trade from 60 seconds to one month.

So, alternatives are huge. Types of Trading instruments are available at IQ Option –

IQ Option Stocks:

You can trade CFD on various successful companies. Traders can buy shares and trade a great verity of stocks. There are 174 assets types in Stock trading.

The trading profit is up to 30% with each 1% price change. Profit depends on the market situation. You can take leverage up to 1:20. IQ Option set a bigger multiplier for non-EU stock traders.

A multiplier is for those traders who seek more profit from the highly volatile market. It provides a high-risk high-return.

The popular stocks are (Morgan Stanley, Ali Baba, Facebook, Citi Group, Yahoo, Nike, Apple, Coca-Cola, Microsoft, BMW, Google etc.)

IQ Option Options:

In options trading, there are three types of options available and they are –

  • Binary Options (non-EU)
  • Digital Options (non-EU) and
  • FX Options (EU)

Pick the right types of option that suits your trading style. Total underlying options are 51. You can diversify your trading with even more assets on FX Options. IQ Option has added 12 new assets to FX Options.

The popular options are (Apple Inc., Amazon, JPMorgan Chase, GBP/CAD, AUD/CAD etc.)

You have to select the time frame to open your options position. The expiration time is from 60 sec to one month. The return is up to 95% with zero brokerage fees. The minimum investment amount is $1. Binary options are only available for non-EU traders. Traders from EU countries cannot trade with Binary Options.

High Capital Risk Is Involved In Financial Trading

The expiration time starts from 60 sec to 5 min. The payout percentage or fixed profitability is up to 900%. There is no brokerage fee for digital options traders. You can choose your assets from 27 digital options. A wide range of strike price in digital options. Ability to sell the option before the trade expires. Digital options are only available for non-EU traders. Traders from EU countries cannot trade with Digital Options.

Fx Options is the combination of Forex and Options. You can trade your favorite currency pairs in Fx options. The minimum investment is $30. It offers unlimited return potential. Potential losses are limited to the investment amount. Traders can open a position with 1 hour expiration time and close it before it reaches maturity. FX Options follows the same rule of Binary Options. Traders will able to close the deal before it reaches maturity. FX Options is only available for EU Countries. Traders from non-EU countries cannot trade with FX options.

High Capital Risk Is Involved In Financial Trading

IQ Option Forex:

There are 86 of currency pairs available in the trading platform. It is the largest and liquid market in the world. The volatility remains high for the Forex market.

The trading leverage is up to 1:300. A larger multiplier of 1:1000 is only available for non-EU traders. Traders from the EU can trade forex with an up to 1:30 multiplier.

Mostly traded currency pairs are (EUR/USD, AUD/CAD, NZD/USD, USD/CHF, EUR/GBP, GBP/USD etc.)

High Capital Risk Is Involved In Financial Trading

IQ Option Cryptocurrency:

You can trade top cryptocurrencies by using IQ Option platform. There are 24 cryptocurrencies available in the trading platform.

The bitcoin leverage is 100:1 for its growing interest. Traders from non-EU countries can trade Ripple in 20:1 leverage and Ethereum in 50:1 leverage.

A multiplier of 20:1 is also available for other crypto-assets like Litecoin, Bitcoin Cash. NEO, EOS, IOTA, etc. The top traded cryptocurrencies are (Bitcoin, Litecoin, Dash, Ethereum, IOTA, Ripple, Bitcoin Cash, Monero, Omisego, Sentiment, Zcash)

High Capital Risk Is Involved In Financial Trading

IQ Option ETFs:

Traders can diversify their trading portfolio with exchange-traded securities that track indexes, commodities, and baskets of assets.

There are 21 ETFs available. The ETFs leverage is 1:100. ETFs allow investors to buy on margin, sell short and purchase as little as a single share.

The popular ETFs are (SPDR S&P 500, MSCI Emerging Market and etc)

IQ Option Indices and Commodities:

There are 11 indices available in the trading platform as per their website information. The leverage ratio up to 150:1.

The top indices are US, European, Asian and Australian stock markets with Dow Jones, S&P, FTSE and many more.

In the commodity section, there are six types of commodities including the popular one like Gold, Platinum, Silver, etc.

Best IQ Option Strategy and Analysis

Best IQ Option Strategy - Binoption

Trading with a proper strategy will help traders to earn a higher amount of return. There are many strategies available.

In IQ Option platform, there are few popular strategies available for traders to trade the options, forex, CFD and other trading classes with some popular trading instruments.

It is necessary or recommended for all traders to control their trading emotions and practice trading before investing money in the real field.

You will find many popular trading strategies using different candlestick patterns and bar patterns. Not all patterns work equally well.

Keeping everything in mind, we are mentioning a few popular names of the trading strategies patterns here:

  • Three Line Strike
  • Two Black Gapping
  • Three Black Crows
  • Evening Star
  • Morning Star
  • Trend Reversal
  • Exhaustion Bar
  • Straddle
    and many more.

Here are some common but best trading strategies which you can implement in IQ Option’s platform. These are widely used by many professional traders.

Three Black Crows Strategy – IQ Option:

It is a popular trading strategy among all types of traders.

This trading strategy helps traders to find out the downtrend reversal on the uptrend. To find a strong uptrend, traders need to consistency several ascending candles in a row.

Wait for a reversal of three descending candles in a row.

Traders will get a signal of an uptrend turning to a downtrend after closing the third candle.

Straddle Strategy – IQ Option:

Trader can use the Straddle Strategy, when it is difficult to predict the exact direction of the asset price movement.

It relies on market volatility rather than asset price.

Traders, when found any promising major trading event, they can use the information to determine the entry and exists points. The strategy will evaluate from the news announcement.

The high and the low of that entry point range are used as breakout points. Minor news will not affect the massive price movement.

To determine the exit points, you need to figure out two entry points. Traders need to differentiate between high and low points.

In order to find out the exit point, at first, add it to the high and then subtract it from the low point.

Straddle Strategy can be quite risky however, it will help you to eliminate the emotion from your trading.

We have a comprehensive in details guide on IQ Option Best Strategy For Winning Trades which explains how you can use the different chart types, indicators, and lines in your trading analysis as well as different tips and tricks.

IQ Option OTC Trading

IQ Option OTC Trading - Binoption

When the market is closed traders mainly trade trading instruments as OTC. Over-the-counter (OTC) is a trading method.

In OTC trading, traders will get quotes which are generated automatically on the broker’s server.

You can use your both demo and real account to trade on OTC assets.

Every Friday at 21:00 and every Monday at 00:00 am (GMT time) IQ Option is switching from market trading to OTC trading and from OTC trading to market trading.

You can also trade crypto during the market weekends.

OTN Token

The full form of the OTN token is Open Trading Network. OTN foundation is an independent and non-commercial organization.

The network allows traders a fully secure exchange between blockchain networks.

In IQ Option, there are several ways to use the OTN token.

  •  Pay commission on Crypto instruments.
  •  You can convert the OTN tokens in OTN coins.
  •  You can withdraw token.

Traders can withdraw OTN token into their Ethereum wallet.

High Capital Risk Is Involved In Financial Trading

IQ Option Trading Platform Overview

IQ Option Trading Platform Overview - Binoption

IQ Option has its own trading platform. They do not support MT4 and MT5 trading platform. The trading platform is well organized for all types of traders.

In the left side of the trading platform, traders will find a total portfolio of their trading. You can find out all active positions and pending orders from the portfolio.

After clicking the trading history tab, traders can see the list of their trades. You can see you all positions at a glance or you can simply categorize it by clicking the specific trading asset.

In both demo and real account, you will find Chats and supports where you can ask for any solution. There are also social chats for particular asset traders to share their trading information socially.

It will help traders to know the market condition. If you are a demo trader then it will not possible to join in those social chat groups. To start chatting, you have to top up your account and your trading volume must be at least: $300.00.

You will find top traders around the world in the leader-board section.

At the top of all traders, you will find your name. The leader of the week list is based on all profitable traders that were closed during the week.

Make a note that, unprofitable traders will not be affected in the ranking. Transaction amount will count only for real account. The market analysis tab will show you all current trading market news.

You will find Top assets depending on the trading volume. You will also find featured articles published by different news portals.

In the more items section, you will find information on trading tournaments, video tutorials, and FAQ.

Select your trading instruments, depending on the marketing condition. You can trade simultaneously by opening a different chart’s layout. Find your favourite chart types, technical analysis, and graphical tools form the trading platform.

In the latest version, you can draw any graphical tool over technical indicators, Trendlines or even Fibonacci over MACD. On the right side, you will find the account option from where you can switch your account whenever you want.

Set your expiration time for trading options and a specific amount you would like to invest. For CFD trading, select the right multiplier, amount and stop-loss.

IQ Option Trading Indicators

IQ Option Indicators - Binoption

There are 18 types of indicators available in the IQ Option trading platform.

These are:

  • MA
  • Bollinger Bands
  • Alligator
  • RSI
  • MACD
  • Parabolic SAR
  • ATR
  • ADX
  • Fractal
  • CCI
  • KDJ
  • DPO
  • Stochastic Oscillator
  • Awsome Oscillator
  • Ichimoku Cloud
  • Belkhayate Timing
  • Momentum
  • Williams’ %R

For a certain period of time, trading indicators are visualized price calculation. Technical indicators are useful for a quicker market analysis.

You will get a full list from the trading platform. Set the indicator according to your choice and apply it.

You can save your indicators to apply them in any chart in the future.

From the widget section, you can select the sentiment analysis which will indicate the current market mood or ratio for selected assets.

A trader can set the time frame which will show the high and low value of assets. It is possible to see traders from other countries who are placing an order in real time. The volume will show an interest in the trading asset.

Trading Charts

IQ Option Charts - Binoption

In the IQ Option trading platform, traders will find four types of trading charts. You can set the color from the display settings.

These are:

  • Line
  • Candles
  • Bars
  • Heikin-Ashi

Time interval starts from 5 seconds to 12 hours. Traders will get a price range depending on the time interval. This time interval is applicable to Candlesticks and bars.

Graphical Tools For IQ Platform

IQ Option Graphical Tools - Binoption

By using the graphical tools, you can draw and mark your lines on the chart. Tools are useful for trend analysis.

Graphical tools will also help traders to analysis trading charts.

There are 5 types of Graphical tools available in the IQ Option trading platform. These are:

  • Line
  • Trend Line
  • Horizontal Line
  • Vertical Line
  • Fibonacci Line

IQ Option Tournaments

A tournament is a competition between traders where everyone can participate. Traders can test their trading skills against other traders.

Tournament fee is not fixed. It will depend on how big the tournament is. The entry fee starts from $2. The maximum tournament entry fee is $20.

There are no specific rules for traders to join in the tournaments. The prize will be divided among all winner traders.

The re-buy option is applicable for some selected tournaments where you can reload your account balance with real money.

If you win the competition, the prize money will automatically be credited to your account balance.

In their tournament window, traders will find news on all open and upcoming tournaments

High Capital Risk Is Involved In Financial Trading

IQ Option Tutorial (Video and Blog)

Expand your trading knowledge with the help of video tutorials. You will get in total 207 videos realated with trading and more videos are on the way.

You can also find videos which will help you to know more about the IQ Option.

If you are new in the trading market and don’t know about different analysis, then tutorials will help you to gain knowledge about different tools.

In the blog section, you will find the economic calendar. It is easier to keep track of all economic news and reports from all over the world.

You will also get various blog posts on altcoin, trading tips, research, and OTN tokens. Research on your favorite trading class with the help of the IQ Option blog.

IQ Option Withdrawal and Deposit

IQ Option Deposit:
IQ Option Deposit Method - Binoption

The minimum deposit amount is only $10 dollar for real account traders.

IQ Option offers zero charges while depositing money.

One can deposit money using Visa, Master Card, Bank Wire, NETELLER, Skrill, Astro Pay card, Maestro or Web Money.

Eventually, the fund will show up in your trading balance instantly after depositing the amount.

You can not change the currency once you made the payment done. So, select the currency carefully before proceeding the payment.

You can make your payment through Bitcoin. It will convert into fiat currency in your real account. The option of depositing via PayPal is not available on their website.

IQ Option Withdrawal:
IQ Option Withdrawal - Binoption

The minimum withdrawal amount starts from $2. The maximum withdrawal amount is $1,000,000.If you want to withdraw less than $2, then you need to contact with IQ Option’s customer support.

You can withdraw up to $1,000,000 per day. However, the number of withdrawal request is not limited.

As per their rules, if you withdraw your profit amount through a bank transfer, they will charge a fee of 25 EUR. You can withdraw your profit using other methods, without any cost.

A verified account is needed to make a withdrawal request. Approximately, it takes 1 day to withdraw money via e-wallet and up to 7-9 days via bank wire transfer.

How to Deposit and Withdraw with a Local Bank: South African Republic

How to Deposit:

 Select your deposited amount with preferred local bank. You will find the full list from the website.

 Select the currency type.

 “Go payment”.

 After redirecting to the payment gateway, you have to input your necessary information to log in.

 Verified your login with OTP code.

How to Withdraw:

 Choose your local bank from the list and input the amount.

 Click the “withdraw funds” button.

 You will successfully send your withdrawal amount.

How to make a deposit with your Local Bank in Thailand, Indonesia, Malaysia, Vietnam

How to Deposit:

 Choose the amount and preferred local banks from IQ Option website.

 Click “Go to payment” button.

 After redirecting to the payment gateway, you have to input your necessary information to log in.

 Verified your login with OTP code.  You can read a detailed guide on IQ Option Withdrawal And Deposit Method which explains how you can deposit and withdrawal through various methods for various countries including withdrawal proof and problems in IQ Option.

IQ Option Contact And Customer Support

IQ Option Contact And Customer Support - Binoption

Help and support of IQ Option is very proactive, cordial and available for 24/7.

More than 78 dedicated customer support members are available to help trader. We have asked several questions through the live chat window and we have got an immediate response which was impressive.

Such a quick response is necessary for a new trader so that he can resolve his problem.

Besides, for any query, a trader can send an e-mail and the reply will be back within a possible time.

You can also find them on social media like Facebook, Telegram, Twitter, Youtube, and Instagram. Traders will get all updated news from these sources.

Traders can also communicate via contact number. In their website, you will find all the numbers depending on which country you are belonging to.


We were not able to find any major drawbacks on IQ Option trading platform and their operation. A number of people in forums who have made claims about IQ Option multiplier.

IQ Option multiplier is not the same for all countries.

The multiplier depends on the assets availability, its volatility and also the country. Most traders from non-EU countries enjoy a higher multiplier than EU traders.

Another drawback which is counted as a minor one that traders can not contact with their support team through live chat without sign-in in the platform.

Is IQ Option Scam or Not

IQ Option Scam or Not - Binoption

IQ Option is an old broker which is running their trading service for a long time.

In their News section, you will find all regulation related updated news. They mainly offer assets depending on country regulation.

We failed to figure out any scam activities of this trusted and reliable broker during our research. However, we found a number of complaints against this broker platform regarding the withdrawal process.

You will know more detailed information on the withdrawal complaint from our guide section.

Traders can withdraw their money at the broker’s promising time. To avoid problems, you have to follow the withdrawal rules

IQ Option uses strong encryption technology to protect their client’s personal data. The data is secured, during the transmission from a client’s devices to the broker server. The security is known as Transport Layer Security.

They have created a trading platform for all types of traders. Moreover, their proper client management helps them to build trust among all traders.

They achieved awards for their tremendous effort in the trading marketplace.

Final Words

In the end, we are pleased to see that IQ Option is very caring to the new traders and offers many promotions and services for them.

We also admire them for providing a demo account with unlimited funds.

IQ option’s rich education sector will help new traders to know about trading strategies, indicators, tools, etc.

You can trade with them without fearing any scam activities because they are a regulated broker.

So, start trading with IQ Option to win a maximum profit by investing a minimum amount.

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4.8 Binoption IQ Option

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