IQ Option Review

Best Binary Options Trading Platform


  • Software: IQ Option
  • Regulated by: CySEC
  • Min Deposit: $10 or €10
  • Min Deal: $1 or €1
  • Max Deal: $5000 or €5000
  • Max Payout: 95%
  • Bonus: Free & Unlimited Demo
  • Assets: 89+
  • Types: Highlow, CFDs, Forex, Crypto Currencies, Digital

IQ Option Review

Best Binary Options Trading Platform


  • Software: IQ Option
  • Regulated by: CySEC
  • Min Deposit: $10 or €10
  • Min Deal: $1 or €1
  • Max Deal: $5000 or €5000
  • Max Payout: 95%
  • Bonus: Free & Unlimited Demo
  • Assets: 89+
  • Types: Highlow, CFDs, Forex, Crypto Currencies, Digital

Is IQ Option A Scam Or Legit?

The industry of binary options trading is also riddled with scams and because big amounts of money are involved in it, it’s very important to evaluate binary brokers as thoroughly as possible. When you happen to commit to a certain broker who turned out to be a scam, you stand to lose a lot of money. A lot of people has gone down because of this but it can be completely avoided just by doing an in-depth research. So, is IQ Option scam?

IQ Option started back in 2013. You can access two domains ( and, both of which, along with all rights, belong to IQOption Ltd. with Registration No: 094224 and located at Global Gateway 8, Rue de la Perle, Providence, Mahe, Seychelles. The platform is operated and owned by the IQ Option Europe Limited.

The headquarters of IQ Option is located at Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus. The payment transactions done on IQ Option are managed by IQOPTION PAYMENT LTD with Registration No. HE 324593 and located at 20 Ionos street, 4th floor, Flat/Office 401, 2406 Egkomi, Nicosia, Cyprus.

As you can gather, IQ Option is very transparent when it comes to addresses and registrations. This is a good place to start in order to answer the question, IQ Option scam or legit? Aside from that, IQ Option is also regulated by CySEC (license no. 247/14), an independent regulatory body that supervises investment services market, including Binary Options, done inside the Republic of Cyprus.

IQ Option is currently a partner of Aston Martin Racing, a renowned British auto racing team. If you are still wondering whether IQ Option is a scam or not, then that should tip the scale in favor of IQ Option. Aston Martin, a brand known all over the world, will not put its name on the line if IQ Option is a scam.

In the past years, the traffic to IQ Option has been steadily rising. This is a proof that more and more traders are trusting IQ Option. It currently has more than 21 million users all over the world but there are just 50 documented complaints on

You can withdraw the money you earned on IQ Option via Skrill and Neteller. The transfer time is only 24 hours and if you encounter any problems, you can contact their support. IQ Option has listed customer service contact numbers for each of the 18 countries where IQ Option is available. Again, this is something that proves that IQ Option is a legit broker.

Generally, all of the information we have gathered for the IQ Option review scam points to one thing- IQ Option is NOT a scam, it is a legitimate and reliable broker.

Additional information: One of the best things about CySEC, on the part of customers, is that they allow traders to send in complaints about brokers that they regulate. Customers can send complaints to CySEC easily.

IQ Option Plaform

IQ Option really made an strong impression on us. It’s interface is so clear and easy to understand. The color is harmonious. The trading is extremely smooth. All necessary tools such as market analysis, video tutorials, trading history, help, live chat… are available in the dashboard.

IQ Option also provides a “Grid Layout” tool for traders. This tool helps traders to divide a screen into many other parts that allows them to be able to view and trade on a lot of assets at the same time.

IQ Option software can be used via a mobile application or a standalone program. The platform’s application is available for the both Android as well as iOS devices (IQ App is NOT available for windows phone now). Generally, IQ Option is really an exclusive platform.

Languages On The Platform

Iq Option Option Type

There is no question that IQ Option is one of the most popular trading platforms right now. IQ Option only started back in 2013 but it has already cemented its place among the most trusted trading platforms. Presently, IQ Option offers 5 option types for traders. (You can see the video tutorials in the end of this review)


Forex, which can also be referred to as foreign exchange, currency trading or FX, is one of the latest options in IQ Option. It is a ‘decentralized global market where all the world’s currencies trade’ and is the largest market in the world. In fact, even if you combine the stock markets in the whole world, it will still not match the volume of trading done in the Forex market.

This option can bring you up to 1000% profit with each 1% currency change. At present, you can choose from the 22 currencies pair available on the IQ Option platform.


Cryptocurrencies are one of the latest big things in the financial world. Of course, IQ Option is doing its best to keep up with things and so they now provide an option to trade cryptocurrencies right on their platform. IQ Option actually allows traders to buy and sell cryptocurrencies straight from the market.

Currently, there are 12 types of cryptocurrencies that traders can be bought or sold using the platform (each with their specific exchange rates):

Bitcoin Cash
Ethereum Classic


The digital option offered by IQ Option is actually a new trading tool they have developed. This option is a mash-up between classic and binary options. IQ Option offers a wide range of instruments that you can trade on digital option.

What is different with the digital option is that there is no fixed profit (which can reach up to 900%) and risks. It will all depend on the strike price which a trader will choose manually. Because of that, this option will give traders more freedom and the possibility of earning higher compared to binary options.


Presently, IQ Option’s binary options trading option type is the High/Low. This option type is actually the most basic. High/Low option is highly recommended especially for beginners in binary options trading.

It is quite easy to understand since, as the name suggests, you will just have to predict whether the price of an asset will go up or down once you reach the expiry time. A trade can be done in just 60 seconds and the profit can be up to 95%, though the usual range is 75% to 89%. IQ Option offers binary options trading on more than 50 assets including commodities, currencies, stocks, and indices.


CFD, which stands for Contract for Difference, is a way of trading that does not require a trader to actually purchase the underlying asset. In this option, a trader will predict how the price will move in the future. If a trader’s prediction turns out to be correct then he will earn a profit. Again, there is no fixed profit when it comes to this option.

There is also no expiration time in CFD option unlike in both Binary and Digital options. The trader has every freedom to close a deal whenever he likes and he will only get the profit or loss after that. At the moment, IQ Option only offers cryptocurrencies for the CFD option, however, they are planning on adding stocks and forex to that in the near future.

Iq Option Mobile App

As we mentioned above, the IQ Option’s mobile app is available for both Android and iOS devices. An interesting thing about these apps is that they are known as one of the reliable platforms for mobile trading among the users. It is a user-friendly app that simplifies the process of trading binary options. However, the Android app is unavailable for the users in Myanmar, Cuba, and Liechtenstein. Additionally, the users from Malta can’t trade on the both iOS and Android apps.

There are lots of exciting and wonderful features in the app that allows the users to analyze the price of the assets and even make predictions for having profitable trades. Each graph of the app has a superior level of details needed for trading. The app also provides notifications to the users regarding the price trends and tournaments.

Get Your IQ Option Apps

Iq Option Account Type

There are two types of accounts offered by the IQ Option to its users. These accounts open lots of opportunity at a very low price to the users. The VIP account of the platform needs a deposit of only a $3,000. When compared to other brokers, it is a minor investment and the users will get the same benefits as one will get on the other platforms by paying $25,000. Have a look at both the accounts in detail:

Real Account

It is the platform’s basic account that is available with a deposit of as low as $10. This account allows the users to start the binary options trading with a very little deposit. Almost all the broker platform demands the user’s deposit at least $100.

VIP Account

The platform’s VIP account starts with a minimum deposit of at least $3,000 and offers a personal manager support for the users. Additionally, there is a superior web-based system that comes with the VIP account in 13 different languages. The VIP account also gives the chance to the user to get up to 60% of the total amount invested if they made a wrong prediction.

Traders From Below Countries Are NOT Accepted
United States

Iq Option Demo Account

In addition to the paid accounts, the platform offers a demo account service free to the users. In this account, the users can trade in the same way as the paid account, the only difference is that they will use fictional money without any risk of losing their money. The best feature in the demo account is that the users can improve their skills by using the tools offered by the platform.

The main purpose of the demo account is to let the users see how they can trade on IQ Option without spending even a single buck. It is a highly realistic service offered by the platform that helps the users to understand the trading market in the most appropriate way.

Iq Option Tournaments

IQ Option provides binary options tournaments that the users can see on the website of other brokers. All the traders get the same balance at the start of the tournament for their use. The balances of traders at the end will determine the winners as traders with the highest balance will be declared as the winner. Generally, the prize money is divided among the top traders that range from 9 to 30 individuals.

All the tournaments have their different rules and the users need to read the rules prior to enter it. Generally, a normal tournament lasts for 30 minutes and works well for the investors who want to have higher benefits in a shorter period of time. The users will get a chance to make a profit up to 100 times of the entry fee by participating in one of the tournament.

Note: According to regulations of CySEC , from November 1st, 2017, IQ Option will no longer be offering access to Trading Tournaments for clients residing in the European Union. 

Deposit & Withdraw

IQ Option allows the users to start with a low minimum deposit of $10. However, it isn’t mandatory to stick to such a low event because the users should base their predictions on the basis of market conditions and present financial position. It is advisable that the beginners should keep their deposits low and take bigger risks when they become used to binary options trading.

Otherwise, IQ option also can’t offer a bonus for traders who make a deposit. Because It is regulated by CySEC and It’s NOT allowed to do this.

It is quite evident that the users will have to withdraw some of their funds after making money on IQ Option. For the sake of the users, the withdrawal process at the platform is pretty effortless and secure. The IQ Option team approves all the withdrawal requests for protecting the users’ funds.

The users have to confirm their identity before making their first withdrawal. This check-in is performed for protecting the platform from theft and fraud. The minimum withdrawal allowed at the platform is $2, while the users can withdraw $1,000,000 at maximum in a day at the IQ Option. All the withdrawal requests generally proceed within 24 hours. Please note that, interbank (bank t0 bank) payment processing may take a bit longer.

There is a great range of options offered by the IQ Option to deposit and withdraw money in the account. All of them are mentioned below:

Iq Option Education resources

IQ Option is one of the best trading websites that helps its users in every possible way. First of all, they offer a free demo account through which traders can learn how to work on the platform. Additionally, it teaches the users regarding all the important points of the binary options trading.

The platform also helps the users by offering interactive learning option that allows them to become skilled in the binary options trading market. The users can also find lots of additional learning tools on the platform that include instructional videos.

Customer Care

IQ customer care service is available 24/7. You can contact to them by phone, live chat or email whenever you want. Our experience with IQ Option’s customer care service was so great.

The VIP account’s users are assigned with account managers that assist them with all the problems. The customer service available on the IQ Option looks satisfactory from all the prospects.

Telephone Support 24/7
+49 30 255558698 (Berlin)
+49 80 07237957 (Toll-free)
+44 20 8068 0760 (London)
+44 80 0069 8644
+39 06 9480 2920 (Rome)
+39 80 059 7127
+7 800 333 47 55 (Toll-free)
+34 91 123 87 48 (Madrid)
+351 308 807 766 (VOIP, no region)
+43 7 202 30 905
+33 184 887 636 (Paris)
+61 261 452 936 (Canberra)
+55 61 3550 0929 (Brasília)
+65 3163 7458 Singapore
+66 2 104 07 95 (Bangkok)
+91 000 800 040 13 61 (Toll-free)
South Africa
+27 87 550 21 61
+54 115 173 7455(Buenos Aires)
+56 442 045 012
+57 800 755 0167(Toll-free)
+52 18 002 889 985(Toll-free)


Without any doubt, the IQ Option is a legit broker who provides genuine services to the traders. The platform has a high-quality trading website and greater transparent content that separates it from its competitors. Along with certain benefits, there are lots of other advantages that make IQ Option a perfect platform. There is a demo account that is excellent for improving the skills.

We are extremely pleased with the professional way IQ Option deal with their traders. They have mentioned every single detail on their website. They have raised the level of binary options trading to a completely new level. Presently, there is no other platform who can match the services and features offered by the IQ Option. That’s why we strongly recommend all the traders use this platform for binary options trading.

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Forex – How to start?

Digital – How to start?