IQ Option

IQ Option Review

In this review, we are going to take an in-depth look the ground-breaking, cutting-edge binary options broker, IQ Option.

Since 2013, when it was first introduced IQ Option has gained a lot of recognition, which is evidenced by the steady stream of investors who have taken notice in the company. When we researched the company, we discovered that they has received a tremendous amount of positive feedback and is highly recommended by the individuals that have traded with them. When we learned how highly regarded IQ Option is, the broker certainly grabbed our attention. IQ Option is one of the most popular binary options broker in the world. 14 millions of active account matters – traders appreciate IQ Option’s customer service, encouraged by the quality of technical execution and fast withdrawals. Smooth platform, instant deals, multi-charts and technical analysis tools gives traders full range of up-to-date trading capabilities for the excellent trading.

Our research has revealed that IQ Option has stringent policies set in place in regard to payments. They also have a powerful system in place to protect personal information in order to ensure that the money that those who invest in them is safe, which includes utilizing European-based banks. Additionally, IQ Option is backed by a CySEC license, which provides further assurance for those who are interested in trading with them.

In this review, we share our thoughts on this thoughtfully planned and expertly executed binary options trading site. We will share important information regarding all of the aspects of trading with the site, including signing up to placing trades, as well as receiving customer support. At present, IQ Option’s trading platform only supports 2 types of option contracts namely classic Call/Put binary options and Turbo options. The Call/Put binary options are options which have their expiry times in excess of 15 minutes. Turbo binary options on the other hand are binary options with their expiry time ranging from 30 seconds to 5 minutes.

Basic information

  • Online since: 2013
  • Regulation: CySEC
  • Jurisdiction: Cyprus
  • Software: IQOption
  • Assets: Currencies, Stocks, Indices, Commodities
  • Max Returns: 91% *Amount will be credited to account in case of successful investment
  • Minimum Deposit: $10
  • Minimum Investment: $1
  • Maximum Investment: $1000
  • Trading Options: High / Low, 60 second and others
  • IQOption offer a 24 hours support in different languages
  • Expiry Times: 60 second, 2minutes, 5minutes, 15 minutes, 1 hour and End of Day.
  • Deposits and Withdrawals: Credit Card, Wire Transfer, Skrill, Neteller, Boleto, Qiwi, WebMoney, CashU, iDeal, Fasapay
  • Withdrawal Time: up to 3 working days
  • Free Demo Account
  • Professional And Transparent Broker
  • Sophisticated Trading Platform
  • Up To 91% payout return on each successful trade
  • Wide Ranging Of Advanced Trading Tools Provided
  • Currencies: USD, AUD, NZD, RUB, CAD, EUR, GBP, Yuan
  • Mobile: Android, iOS
  • Languages: English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Arabic, Indonesian
  • List of regulated countries: Austria, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden, The Netherlands, United Kingdom

How to Use IQ Option on Mobile Devices

Since it was first launched back in 2013, IQ Option has been developing and putting into place inventive technologies in binary options. In fact, their technologies have really changed the shape of the binary options trading industry. Initially, IQ Option was in the Russian broker sector, but thanks to the expertise of the team behind the binary option trading site, several new and very useful features have been created that make the platform much easier to utilize.

In the binary options trading industry, this means offering traders features that allow them to analyze the market more effectively, create signals with greater accuracy and place the most profitable trades possible. One of the most effective and highly popular technical innovations that has been created by IQ Options is their mobile app. In fact, their mobile app is regarded as one of the best apps to be offered by any binary options broker.

The effectiveness and popularity of the IQ Option mobile app lies in its ease of use. In fact, its user-friendliness is one of the biggest selling points of the app because the majority of mobile apps that are offered by binary options trading sites are hard to use. With most mobile apps in this industry, users have to be experienced traders that have in-depth knowledge regarding the inner workings of the binary options market, along with the technical jargon that is used within the industry. This is not the case with the IQ Option mobile app. Not only is it highly powerful, which makes it appealing for traders who have ample experience in the binary options industry, but the terminology that is used easy to understand, which makes it suitable for those who are new to trading binary options to use, too.

The IQ Option mobile app makes the process of trading binary options easy to understand and easy to do. As a matter of fact, this app is so simple to use that many traders who use the site actually prefer to use it over the desktop site!

In addition to using language that is easy to understand, what really sets the IQ Option mobile app apart from other mobile apps in the binary option trading industry is the wide range of features that it offers. These features make it possible to do everything that that is necessary in order to trade both binary options and forex successfully. Some of the key features offered on the app include the ability to fully analyze the current price of assets, which will allow you to generate better signals and make more accurate predictions, and in turn, will make it possible to place the most profitable trades. The graphs that are offered on the site are highly detailed, which makes them incredibly easy to read, especially when you zoom in on the screen. Placing a trade only requires a few simple taps of your finger.

The modern interface is appealing and all of the elements offered on the app load incredibly fast. In regard to how the IQ options app looks and functions, it is actually very similar to sports betting apps. If you have ever used one of these types of apps, you will be able to get the hang of using the IQ Option app very quickly and without any trouble. In sports betting, making the most accurate prediction possible is the key to success, and the same is true in binary options trading. And, just like in sports betting, the risk involved in binary options trading is that when your prediction is wrong, you will lose money. The IQ Option mobile app is extremely secure, so you don’t have to worry about having your personal information or your money being compromised. The app also provides outstanding notifications, which means that you will be able to get really involved in tournaments and keep tabs on trends in pricing as they are happening.

How to Download the IQ Option Mobile App

While most of the people who trade binary options do so via their desktop computers, it is a wise idea to download one to your device. A mobile app is excellent way to stay on top of the latest trends and trade, no matter where you are, which has lead to increased popularity in binary options trading For these reasons, the progressive minds behind IQ Options have invested in creating a high-quality, easy to use mobile app. Their app provides traders with a more advanced level of service than other binary options sites offer. In fact, it is their mobile app that has lead so many people who are interested in trading binary options to choose IQ Option. The IQ Option App is available for iOS devices in the Apple App Store and for Android devices in the Google Play store. We have taken the liberty of simplifying the process of downloading the app; all you have to do is click on the button below and you will be able to instantly download the app to your device.

How to Sign Up

Once you have downloaded the IQ Option mobile app, the next step is signing up. Open the app and you’ll be on the site’s landing page. The process of signing up on the mobile app’s landing page is very straightforward and easy to do. In fact, the sign up process on the mobile app echoes the sign up process on the IQ Option website.

All you have to do to sign up is fill out the simple form and provide some basic information to confirm your identity. You will then be required to make a deposit, which will give you access to use Binary Option as your broker for placing binary options trades.

The process of signing up with IQ Options is very much the same as the process of signing up with other binary options web brokers that we have used. We found that the process was very fast and easy to do. In addition to being fast and easy, what really impressed us was the minimal deposit that is required to start trading: just $10 US dollars or British Pounds are all that is needed to get started. This is one of the lowest deposit requirements that we have ever seen a web broker offer. With that low of an investment, virtually anyone who is interested in trading binary options can do so, no matter what their income level may be. We actually went ahead and invested a little bit more than the required $10 because we wanted to see just how well their trading process worked. To date, we have impressed with the process of signing up with IQ Option and we are really looking forward to what else this binary options brokerage website has to offer.

    How to Trade with IQ Option Video

IQ Option provides traders with lots of educational videos. You can easily learn how to start trading on the platform with following educational videos.

Your capital may be at risk. This material is not investment advise.

Patterns in Trading

In order to find success with trading binary options, you have to develop a strategy. Because of the forward-thinking developers behind IQ Options, developing a strategy for successful trading and optimsing that strategy is easy. That’s because the site provides you with access to a wide range of valuable resources, as well as educational tools. The majority of the tools that the site offers can be accessed directly from the dashboard within the trading platform, and the display is very appealing and easy to understand, even for novice traders. You will be able to see trends and you will also be able to see technical analysis information.

The educations resources that IQ Option offers cover a wide range of topics, and these resources are complimentary; a benefit for both those who are experienced with binary options trading, but especially for those who are new to it. Their educational resources are designed for those who are completely new to trading binary options, as well as those who have experience. No matter what your binary options experience level is, the resources that IQ Option offers will definitely make you a better, more successful trader. The available resources include detailed eBooks, videos, webinars and step by step tutorials.

Here’s a look at some of the resources that are available on IQ Option:

Trading Patterns

In order to be a successful binary options trader, you have to develop a trading strategy. IQ Option offers detailed trading strategies that are designed to help get you started on the right path or to step up your binary option trading game. Some of the trading strategy options that IQ Option offers are briefly outlined below:

  • Japanese Candlesticks

If you have ever analyzed a graph that displays an asset’s movement of price over a period of time, than you have probably looked at a Japanese candlestick. This type of graph shows the movement of price over a given day. When you become familiar with Japanese candlesticks and learn how to read them, they will become an incredibly valuable asset to have. These graphs provide both the opening and closing prices of assets, which is so important to have knowledge of in the binary options industry. Assets that increase in price have a green candle displayed next to them, and assets that fall in price have a red candle displayed next to them. These charts are easy to read and you can see, at a quick glance, how much the price of an asset has changed and in what direction it has changed; the bigger the candlestick, the bigger the change that has occurred.

  • Trend Lines

Trend lines display a line that is placed above the price of an asset, as well as a line below the price of an asset. These two lines make what is referred to as a trending corridor. The lines depict the typical higher and lower values that an asset tends to fluctuate between; for example, when the price of an asset extends to the upper line, trends indicate that it will begin moving down again. The upper line on this charge is referred to as the resistance level and the lower line is known as the support line.

By understanding these analysis tools and becoming well-versed in using them, you will be able to improve your binary options trading strategies, as you will eventually be able to create your own signals to keep track of the price of assets.

The Primary Strategies that can be Learned at IQ Option

Here’s a more detailed look at the primary strategies that IQ Options offers:

    1. The Three Black Crows Strategy

Your capital may be at risk. This material is not investment advise.

The Three Black Crows Strategy looks for reversals in trends. In order to make this strategy work for you, you, you have to be able to identify an asset that has several candlesticks placed in a row, and all candlesticks must show a price movement in the same direction – either up or down. You then have to wait for the price movement to reverse. You will be able to tell that a reversal has happened when three falling candlesticks in a row are visible. This indicates that the price trend is reversing, which gives you the signal that it is time to make a trade.

    2. The Rebound Line Strategy

Your capital may be at risk. This material is not investment advise.

With the Rebound Line Strategy, the price trend of an asset is irrelevant. Rather, with this strategy, you analyze the trend lines that were mentioned above. Specifically, what you should be taking note of is the closing price; the line is either just below the resistance level (the upper line) or just above the support level (the lower line.) When this occurs, it is very likely that the price will move away from the line go through it, which means that the trend will be broken. If the price closes just before the resistance level, you use this as a signal to place a PUT trade; if the price closes just above the support level, you can use this as a signal to place a CALL trade.

    3. The Rainbow Strategy

Your capital may be at risk. This material is not investment advise.

The Rainbow Strategy is a bit more involved than the two strategies that were previously mentions, so we suggest becoming familiar and getting comfortable with the first two options before you try this strategy. The Rainbow Strategy works by using exponential average simultaneously. There are three different exponential averages, and all three of them have different periods. Using the chart of the asset you have chosen, you must mark, in blue, the first line that you see with a period of six. In yellow, mark the second line that has a period of 14. In red, mark the line that has a period of 26.

    In order to identify a potential drop in price, keep an eye out for the following:

  • A red line located at the bottom

  • A yellow line that is moving below the blue line

  • A blue line on top of both the red and yellow line

  • The ideal time to place a binary options trade – a PUT trade – is when the yellow and blue lines intersect with one another.

    In order to identify a potential rise in the price of an asset, keep an eye out for the following:

  • A red line on top, followed by the yellow line, and then followed by the blue line
  • A red line that is located on top of both the yellow and blue line
  • A blue line located at the bottom
  • The ideal time to place a binary options trade – a CALL trade – is when the yellow and blue lines intersect with one another.

    4. The Piercing Line Candlestick Patter

Your capital may be at risk. This material is not investment advise.

The Piercing Candlestick Patter is a strategy that involves closing examining the candlesticks that are displayed on your chart. Once again, it involves identifying reversal trends. In order to notice an upward trend that will soon reverse, keep an eye out for two candlesticks that has the second one closing in the middle of the first one. The candlestick that follows immediately (the third candlestick in a row) should be ascending. If you notice that there is a fourth candlestick, this indicates that the price of the asset is increasing and a trend reversal will happen in the near future. You can also use the Piercing Line Candlestick Patter to spot a downward trend that is going to reverse into an upward trend. Any potential price reversals are signs that you can use to place binary options trades.

    5. The Pin Bar Strategy

Your capital may be at risk. This material is not investment advise.

This strategy is more complex and requires in-depth knowledge in order to successfully execute. It is best used by traders who have some degree of experience using other strategies. With that said, the Pin Bar Strategy is highly effective, so it is one that is definitely worth looking into when you feel comfortable enough to. The principle behind the Pin Bar Strategy is to predict an upward or downward trend in an asset. You can do this by analyzing the pin bar candlestick of the asset; specifically, the pin bar candlesticks that have tails. There is a specific type of pin part candlestick that you should be on the lookout for; the one that has a small body and is accompanied by a long tail. The tail’s direction indicates the way the price of the asset might move, as it showcases which way the market for that asset is moving. If you notice a pin that has a small body with a long tail, this signals that you should place a binary options trade. It is important to note that not all pin bar candlesticks with tails are the same, and as such, not all are suitable for this type of trading strategy. With that said, here’s a look at some additional criteria that you should also apply when using this strategy in order to ensure that you get a pin bar candlestick that will generate the most accurate trading signal:

  • The open and close price of the pin should be near the end of the previous bar
  • The open and close price of the pin bar candlestick should be close to the bottom or the top
  • The open and close price should be located inside the left bars

These signals are thought to be strong when these specific conditions are met. Typically, strong signals are a good indicators that it is time to place a binary options trade. It is also important to point out that you need to know if the price of the asset is going up or down. With this knowledge, you will have a better chance of placing a winning trade. If you see the tail of the pin bar candlestick is pointing up, it can be expected that the price of the asset will go down in the majority of situations. We should point out that the reverse does happen, too; if the tail of the pin bar candlestick is pointing down, it can be expected that the price of the asset will go up.

    6. The Moving Averages Strategy

Your capital may be at risk. This material is not investment advise.

With the Moving Averages Strategy, signals are generated by creating indicators of moving averages. This can be done by utilizing the technical tools that are provided by IQ Option. The Moving Averages Strategies has gained a lot of popularity; as a matter of fact, it is the strategy that is most commonly used by traders of all experience and ability levels. But, not all traders use this strategy in the same manner; traders of various ability and skill levels can deploy basic and exponential moving averages successfully. Averages that are smooth and weighted, however, are typically only used by those traders that have a lot of experience with using more complex and intricate strategies.

There are four options within the Moving Averages Strategy: exponential; simple; smooth and weightage. Of these four strategies, exponential and simple are the easiest to calculate, and they also create the most accurate signals. As a result, there is a greater possibility of creating more profitable strategies and placing more wining trades, which makes these averages a wise option for beginning binary options traders.

With that said, both simple and exponential options are not only beneficial for beginners. Many advanced traders also use them in order boost their profit margins and increase their chances of winning ratios, as the objective is to maximize the benefit that the breaking line and the rebound line in the corridor provide.

    7. The Alligator Strategy

Your capital may be at risk. This material is not investment advise.

The cutting-edge IQ Option binary trading platform makes the Alligator Strategy straightforward and easy to successfully use. This strategy is also based on moving averages; however, with the Alligator Strategy, sooth moving averages are the only averages that are of interest. While it is possible to successfully use this strategy with exponential and smooth moving averages, the IQ Option binary option trading platform is specifically optimized for use with only smooth moving averages. Why? – Because smooth moving averages are not significantly affected by trivial fluctuations that occur in the market. As a result, these averages offer better signals and have the potential that increase the likelihood of placing winning trades.

The smooth moving averages that you will monitor with this strategy indicate the different moves of the asset within a specific period of time. The lines that you see will show the price that the asset is most likely to reach within that specified time period. It should be noted that any shocks to the asset or larger financial markets can impact this; however, when that does not occur, the Alligator Strategy has proven to be quite accurate.

Why is this binary option trading strategy called the Alligator Strategy? It’s because of the way the candlesticks look when it is time to place a trade – they resemble alligator teeth. If the candlestick is open in the upward position, a CALL trade should be placed; if they are open in the down position, a PUT trade should be placed.

Should the candlesticks look like anything other than alligator teeth, that’s a sign that you should not enter the market because it will be too difficult to predict whether the price is going to move up or down; in other words, you won’t be able to tell if you should place a CALL or a PUT trade.

    8. The Breaking Line Strategy

Your capital may be at risk. This material is not investment advise.

Of all of the strategies listed at IQ Options, the Breaking Line Strategy is the easiest to understand and to execute. This strategy is based on both the support and the resistance lines of an asset, which was explained above. These lines illustrate the upper and the lower prices that an asset will trade between. If the support and resistance lines are broken, this indicates that there is something else occurring in the market outside of the typical fluctuations in price. As a result, this can be a sign that it is time to place a binary option trade.

In other words, your trade should move with the direction of the travel of the lines: a CALL trade should be placed if the candlestick closes above the resistance line; a PUT trade should be placed if the candlestick closes below the support line. This means that price is probably going to continue increasing if the asset moves above the resistance line, and it will probably continue moving down if the asset goes passes through the support line. The Breaking Line Strategy can be utilized no matter what the overall trending price of the asset may be.

    9. The Bollinger Brands Strategy

Your capital may be at risk. This material is not investment advise.

This is one of the most commonly used binary options investment strategies. It assesses the volume of trade with a specific asset, which creates a signal of which way the price of that asset will most likely move. At IQ Option, a chart that illustrates three lines, or bands, is used. The band in the middle shows the smooth moving average and it will have approximately 20 candlesticks.

The bands will widen and narrow according to the volume of the trade that is taking place on a specific asset. When there is heavy trading, the bands will widen; when trading is on the light side, the bands will narrow. You should be on the lookout for a rapid widening of the bands, as this rapid widening will create a signal that it might be a wise time to place a trade.

It’s easy to see that IQ Option offers many different types of trading strategies, and these strategies vary in regard to their type and their level of sophistication. The wide array of trading strategies is one of the primary reasons why IQ Option has become such a highly regarded trading platform in the binary options industry. This platform offers you all the tools that are needed to develop an effective trading strategy, to generate the most accurate signals, and to make the most profitable trades. You have the ability to use the several analytic tools that IQ Option offers (several of which are free) in order to enhance your trading strategy, as well as how you read signals and movements in price. All of these factors combined will allow your trading efforts to be to be as profitable as possible.

An IQ Option Demo Account

If you aren’t sure if you want to proceed with IQ Option, you can make a demo account, which will allow you to give the platform a test drive before you invest any of your money. Signing up for a demo account is simple, and you can even do it through Facebook or Google.

Once you are registered with your demo account, it will be activated. The demo account will allow you to explore the IQ Option trading platform and learn the various aspects of binary options trading before you invest your money and start making real money.

The money and the trades on the demo account are virtual, but they are exactly like the reach trading platform.

Placing Trades

The IQ Options trading platform is thoughtfully designed, which makes it very easy to use and execute. A minimum investment of $1 is required, and the maximum investment is $1,000. This gives investors a variety of investment options.

In order to place a trade, simply sign into the website and head to the trading page. Once there, you can select what type of option you would like to trade, the asset you would like to trade with the option and the amount that you would like to invest. The process is so quick and simple.

Assets

If you are interested in having a lot of asset options to trade, you will be impressed with IQ Option. They offer more than 70 options to trade on, several of which are very popular stocks, including Apple, Wal-Mart and Google.

Trading Platform

Trading platform is the proud of IQ Option team – made with WEB GL technology, it provides traders with outstanding opportunities. The main feature is Multichart – you can open up to 9 charts at once with different assets and exeperience full view of the market without using additional screens. The platform can be used without downloading in a browser, downloaded on a Windows computer, or downloaded as a mobile application on any iOS or Windows device.

Features

IQ Option is a trusted and reputable binary options broker who is regulated with CySEC. This broker can set you up with a free practice Demo account that has $1,000 of virtual currency, allowing new investors to try out the platform risk-free and with no deposit. You can use technical tools and drawing panel on practice account with no limits. After making a deposit you will get instant withdraws on bank cards and one of the highest profitability in the industry – 91% in case of correct prediction. More than 70 assets available for trading, the quotes provider is Thomson Reuters, reputable financial media.

Customer Service

IQ Option strives to be a competitor on a global level, which is why the platform is currently available in 14 languages, including English, Spanish, Italian, German, Chinese, Russian, Portuguese, Swedish, Norwegian, French, Indonesian, Turkish, Arabic, and Korean. It takes an average of just 24 minutes to process a support ticket and 46 seconds to get an answer via live chat, that makes IQ Option customer service one of the fastest in the industry. Email to customer service: [email protected]

Deposits

Most traders starts with Real Account at IQ Option since it has a low minimum deposit amount of only $10. In order to create an account you will simply click on the free account tab and enter your information. Once your account is created you will have the option to make your first deposit. It is very easy and safe to make a deposit with this binary options broker due to the many options. The withdrawal process is also very streamlined and will take about 24 hours to be processed.

IQ Option offers a VIP account for traders who wants bore advantages and benefits. The minimum deposit is USD 3000 and comes with several benefits. The VIP account offers you a personal account manager who will take care of the most things for you to maximize the potential of your trading strategies. With a VIP account you will have chance to receive up to 60% of the invested amount if you make a wrong prediction.

You can make your deposit using a Visa, MasterCard, bank wire transfer, Skrill, POLI, Maestro, CashU and WebMoney to quickly make a deposit and get you onto the website to start trading.

Withdraw money

When you start making money at IQ Option, you will eventually want to withdraw some of those funds to spend or invest. One of the advantages is that the withdrawal process at IQ Option is simple and safe and will be processed within 24 hours. To protect traders’ money, all withdrawal requests have to be approved by the IQ Option team.

When requesting a withdrawal from $10, it is recommended that you send compliance documents along with your deposit so that when you make a withdrawal the process will be quicker. It is necessary to send in copy of your id in order to comply with anti-money laundering regulations that have been put into place. Best thing will be if you go through the withdrawal process with your account manager to make it fast and easy. Depending on the type of account you have, there are several withdrawal methods available on the site. Some of the withdrawal methods come with a fee. With every account you will receive your first withdrawal for free. A gold account comes with one free withdrawal per month. The platinum and diamond accounts come with free withdrawals at all times.

The minimum amount you can withdraw is $10, and the maximum is $1 million.

You can withdraw money using a number of different methods:

  • Credit card – Visa Card and MasterCard
  • Maestro Card
  • Bank transfer
  • Skrill
  • WebMoney
  • Cash U
  • Moneybookers
  • POLI

Terms

In order to make trades at IQ Option you will need to be eighteen years old or older. The minimum deposit amount for an account on the site is $10. Once you have created an account there are several deposit methods available. Some of the deposit methods available on the site include credit cards, debit cards, wire transfers, as well as many online banking options. IQ Option Europe Ltd. is registered at Cyprus and is regulated by CySEC. IQ Option Ltd. is registered at Seychelles and this entity is not regulated.

Conclusion

Given all of the information presented in this review, it is very easy to see why IQ Option is one of the most popular binary option trading platforms out there. We were impressed by the many different features, the tools and strategies that IQ Option offers, as well as how easy it is to use. According to us IQoption is the best broker for trading Binary Options, Digital Options and Forex/CFD

Risk Warning: Binary options trading may not be suitable for everyone, so please ensure that you fully understand the risks involved.