iqoption Broker Review 2017

FairBinaryOptions Broker Certificate
  • Min. Deposit $10
  • Max. Payout 85%
  • Min. Investment $1
  • Mobile Yes
  • Software iqoption
  • LiveChat No

iqoption is in many ways an unusual binary options broker. Accounts are a bit different, features are available already with minimum deposits, and the trading platform is customized.

But all these things are mostly positive since it means that trading with iqoption is trading with an innovative broker which offers an advanced trading environment. We were very pleased with results we got after our iqoption review.

IQoption is Cysec, Regafi, CNMV, FCA,  Consob regulated

  1. Website Preview

  1. iqoption Account Features

    This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!

    In the beginning of the iqoption review we already mentioned that this broker really offers something innovative. They were the first broker to offer a totally free demo account.

    They also lowered the minimum deposit amount to $10 and increased maximum returns to 85 percent. They also offer many other interesting features that get unlocked at really low deposit amounts.

    Iqoption is really a broker for newcomers, with free demo account or low deposit requirement on real accounts.  There are no excuses now, even for the most risk averse people not to trade binary options.

    There are three account options with iqoption. As usual, all accounts require certain minimum deposit amount to unlock extra features, but with iqoption these requirements are so low that users can get to VIP account services after depositing only $3000. Overall in our iqoption review we found the platform very user friendly since the real goal seems to be to educate clients for them to achieve better results.

    This drive can already be seen with the iqoption Free Demo Account which is the basic starter account type. We started our iqoption review with this account type too in because it was so easy to sign up and no deposit was required. While usually the demo account acts just as a starter feature with deposit ready accounts, here it constitutes a standalone product package which includes:

    • $1000 virtual funds
    • no risk
    • an opportunity to test the platform.

    When signing up one can use Facebook or Google+ for faster account creation. We got our activation mail but the activation link didn’t work. If users encounter this minor glitch, they can always use the supplied password to log in manually.

    iqoption Real Account

    • starts already with a $10 deposit.
    • access to all assets
    • access to trading competitions

    As we already noted in this iqoption review, the

    IQoption VIP account

    • starts already from $3000 deposit
    • fast withdrawal processing*
    • personal account manager
    • monthly analyst meeting to discuss trading strategy.

    Starting the trading career just got a lot easier and cheaper. After readers see our iqoption review we are sure many will take up trading binary options since this is one of the easiest ways to start.

    In addition to the services offered through accounts, all users have access to an interactive web-based education system that is available in multiple languages, like English, French, Japanese, German, Polish, Romanian, Turkish and more, 13 in total!

    Iqoption was also awarded for its innovation efforts by its peers, as “Most Innovative Binary Options Broker” on ShowFX conference in Moscow.

  2. iqoption Trading Software

    Trading with iqoption is really an excellent experience, as their platform is regularly updated to provide the best user experience.

    At the moment, they are using 4.0 version. Our regular readers know how much we value whole page trading platforms, so they will understand why we were thrilled to use it during our iqoption review.

    Actually, it is wrong to call iqoption trading solution “whole page,” as it is just a part of the user platform solution that iqoption offers. When users login into iqoption they are immediately taken to the trading platform and all other links and tools are accessible from the left side menu.

    On the right side is the trading navigation pane where users can place trades while the center is reserved for the huge graphing tool.

    Users can choose between two types of binary options on the left side. The small bubble with the number next to each type shows the number of open positions. Graph controls need some time getting used to since zoom and move controls work independently.

    Depositing and withdrawing panes are also part of the interface.

    On the bottom part of the interface is the list of trades other users are entering real time. It can help users to gauge the direction in which the market is going even though it doesn’t aggregate the sentiment like the SpotOption platform.

    Iqoption also offers a mobile version for users who want to trade on the go. The mobile app is available for android and iOS and can be downloaded for free from their respective app stores. One small drawback of the platform is that it only offers high/low options and turbo options. There are no exotic options with super high returns. We would say that iqoption is a trading solution more adequate for newcomers and intermediate level traders.

    Note: customers from Canada cannot use IQoption web platform, however, they can continue using the mobile version.

    Asset list includes a great and numerous selection of assets, currencies, stocks and indices. This will be more than enough for traders to develop a diversified portfolio to withstand even higher market volatility.

    Your capital might be at risk
  3. iqoption Support Information

    Support with iqoption works somewhat different from what the users may be used to if they traded with any other broker. Users who are VIP account holders will get an account manager who will help them with any issues they might have. Demo account holders will need to upgrade to iqoption Real account to contact the support. But, what is different here is the absence of a live chat and phone contact from the support contact options.

    Users can contact the staff via email, live chat and Skype.

    Website’s live chat is available in trading room and is supported in: English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Norwegian, Korean, French, iqoption Italian, Arabic, Indonesian, and Slovak. English and Russian support available 24/7. FAQ is very detailed and will help anyone with general questions about iqoption.

    Your capital might be at risk
  4. iqoption Company Information

    We already mentioned how banking with iqoption is very easy. All functions — withdrawing and depositing, are accessible trough the same control interface presented after user logs into the account. Deposit pane lists amount that are available for deposit. When withdrawing, the process is similar and only takes few clicks to finish it. Users choose the withdrawal service, amount and send the request.

    Users with iqoption Real account will see their withdrawal requests processed in a maximum of 3 business days, while users with VIP accounts will have their requests processed within 24 hours. Users can use wire, credit card or Qiwi, WebMoney and Yandex to withdraw funds. For both deposits and withdrawals, credit cards supported are Visa and Maestro. Of net wallets, iqoption supports Skrill, CashU, WebMoney and POLi.

    Deposits are generally free, while withdrawals can carry a $5 fee for credit card and $50 fee for bank wire withdrawals. Minimum withdrawal is just $10. In their control panel users can track all the trading and operations history.

    The company behind brokerage, Iq Option Europe Ltd, was very helpful during our iqoption review. Besides CySEC, this broker is also regulated by Regafi, FMRRC, FCA, and Consob.

  5. Your capital might be at risk

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