‎IQ Broker - Trading Platform (2024)

FAQs

Is IQ Option a good trading platform? ›

Overall, IQ Option can be summarised as a trustworthy broker with a good reputation that provides a user-friendly trading dashboard, and quality educational materials. IQ Option is very competitive in terms of its trading fees with spreads well below industry standards. IQ Option has a trusts score of 89 out of 100.

Start Trading in 3 Steps

Award-winning broker recognized and praised by the most respected experts of the industry. IQ Option is one of the fastest growing online trading brands in the world. Voted the best mobile trading platform, we have now expanded our offerings to include CFDs on stocks, ETFs and Forex trading.

The good news is that IQ Option is regulated. But the bad news is that they are regulated and licensed by CySEC. CySEC is a regulator based in Cyprus and therefore, this regulation isn't really trustworthy. Good legitimate brokers are usually regulated by trustworthy regulatory firms like the SEC or FINRA.

IQ Option is a trading platform that caters mostly to investors who want to realize returns within short periods of time, binary options have been around for quite some time. These options provide traders with payouts that come either in the form of a fixed amount or nothing at all.

You can only withdraw to your bank card the total amount deposited from your bank card within the last 90 days. We send you the money within the same 3 days, but your bank needs some more time to complete the transaction (to be more precise, the cancellation of your payments to us).

Now, this question is quite technical. But, the appropriate thing to tell you is: IQ OPTIONS is not allowed in the US. So, if your location is The United States of America, you cannot download and trade options with IQ Options. So, it's not about the traders, but, about the location.

To withdraw money from IQ Option, you can use bank or wire transfers, credit cards, debit cards, and e-wallet. The first withdrawal is free while subsequent withdrawals will have a fee of 2% of the withdrawal amount. However, the figure will not be less than $1 and not more than $30.

To answer your question directly, IQ Option requires a minimum deposit of $10.

Completing the verification process: Before you can withdraw any funds, you need to verify your account by providing valid identification documents. Meeting the minimum withdrawal amount: The minimum withdrawal amount on IQ Option is $2 for e-wallets and $10 for bank cards or wire transfers.

Who is the number 1 online broker? ›

You cannot profit from the trades you make on a practice account. On a practice account, you receive virtual funds and make virtual trades. It is designed for training purposes only. To trade with real money, you need to deposit funds into a real account.

Almost all IQ Option traders engage in day trading but not all of them know that it is actually called that way. Day trading is an act of buying and selling financial instruments within the same day, usually multiple times. Applied correctly, these principles can help you improve your trading skills.

But generally, medium and long-term options pay more than the short-term options. The big edge with IQ Option is that payout can reach up to 90% on successful trade with no commissions or fees charged by the broker when opening or closing trades.