There are many binary brokers on the market and it’s hard to choose one. Knowledge is power and having all the information can help you make a better choice. In this iq option review, we will take a look at this new platform, features, assets Traded, VIP account, trading platform, and is IQ Option is a Scam or Legit?
IQ Option is a broker offering binary options trading. With a vast number of assets, payouts, and expiries, it’s one of the better binary options brokers on the market. I’ve been using the platform for a while now, and that’s why I decided to do an IQ Option review.
Features of IQ Option
IQ Option is an advanced trading platform for binary options. It offers all the tools and materials necessary for effective work, including a wide range of analytical tools, as well as opportunities for both experienced and novice traders.
Trading on the IQ Option platform is simple, quick and highly efficient. You can use various instruments to control your balance in the market.
Trading is available on PC, smartphone and tablet. The trading platform is adapted to any gadget with a browser and Internet access. IQ Option is also available in the App Store, Google Play, Windows Store and Mac OS App Store.
What you can trade on IQ Option:
- Currency pairs
- Commodities (gold, silver, oil)
- Stock indices
- Stocks of major companies
IQ Option offers its users two types of trading accounts: A free demo account that requires no registration or deposit and has all the features of the real account and a real account that requires making a minimum deposit of $10 in order to get activated. Additionally, you have the option of opening an Islamic Trading Account, which is compliant with Sharia Law and abides by the interest-free policy.
What are the features that make IQ Option so unique?
- Stocks trading
- Forex trading
- Binary Options Investments
- CFD Investments
Assets Traded on IQ Option
The IQ Option trading system is based on the idea that you can use the long-term growth of a financial asset to generate significant short-term profits for your trading portfolio.
The concept is simple: you buy one or more assets and hold them for as long as possible, and then cover your position when you see the asset grow beyond a predetermined level. The key to this strategy is to pick up assets with a growth rate that will make you money quickly, but which also has a low risk of price movement so that if the price moves against you, it doesn’t move too far.
This process works because trading involves making a rational decision when two opposing forces — supply and demand — are in conflict. You stand against both these forces in order to profit from their impact on the price of an asset.
In this way, IQ Option is a tool that helps traders manage risk in an increasingly volatile market environment. As a result, it gives traders an edge over the average investor who trades with little knowledge or skill.
Is IQ Option Scam or Legit?
I am using the IQ Option for many days: Is iq option scammed me? The answer is no! IQ Option is a reliable broker, regulated by CySEC. They have become well-known and respected in the industry within a short period after launching their platform. Their award-winning trading software has been praised by many traders, as it offers a wide range of features that are very beneficial for all traders:
They offer different account types for traders because they understand the importance of having access to appropriate financial services depending on experience and knowledge. They also have an extensive educational center that includes videos, webinars, and free e-books to teach even total beginners about trading CFDs and binary options online.
The IQ Option platform is available in both desktop and mobile versions, so you can trade on your preferred device at any time and anywhere. You can download the platform on Windows, Mac, or Linux computers, or use their innovative app to open positions on your tablet or smartphone.
The IQ Option demo account is an excellent feature especially for beginners since they can try out different strategies without risking their funds first. However, keen traders will also find it useful because
Is IQ Option legitimate?
IQ Option is a legitimate company that offers trusted financial services to its clients. It provides multiple asset classes including stocks, forex, cryptocurrencies, and commodities