Is IQ Option a Scam? Learn everything here
There are many Binary Options Brokers whose names you may discover online. One of the most prominent Binary Option Broker currently is IQ Option which is an international CFD Forex online, the leading Binary option broker operating since 2013. To start with binary option trading, a user needs to deposit only $10. To trade stocks and currencies, a minimum deposit of $1 is needed. It claims to have the best interactive educative system, 500 assets for trading while the demo account is free. A trader can claim up to 92% of the amount when he/she makes a correct prediction. IQ Option is a unique kind of online broker with its own customised trading platform for Forex CFD, Digital Options, CFD on Stock and Cryptocurrency. The day traders and investors get binary options where the expiry time ranges from 1 minute to 3 hours.
Mobile trading app for trading CFD and binary option makes things more convenient. The app is available on iOS and Android, and besides this, there is Windows Desktop Software and WebTrader. A trader may deposit $10 to get started. If a trader has no prior experience in trading, then there is free trading account to be capitalized on.
Is IQ Option Broker regulated?
Traders look for regulated Binary option broker and the questions arising here is whether IQ Option Broker is regulated or not. It all depends on the country where you reside. In some places it is regulated while it is not regulated in others. What you may do is verifying the broker’s license to make sure it is not scam. To avoid online investment scam, look for a legitimate and regulated broker. Don’t simply go by the positive reviews on the website. Positive reviews do not always establish the reputation of an online broker. Here is the information on IQ Broker:
- IQ Option Europe is regulated in Cyprus and is licensed. Its license number is 247/14 and it may be used in several places and in EU Countries.
- The licensed broker has good reviews posted on the website. Smart traders look for regulated and licensed trading platforms. You should check the IQ Option Reviewbefore proceeding.
IQ Option is perfect for those customers who can’t afford to spend large sums of money. Among so many binary option brokers in the market, IQ Option appears the most reliable. A trader can trade in stocks, Indices, currency pairs, goods and commodities, Bitcoin and frequently traded currency pairs. You may practice trading for free of cost by utilizing demo account. If you create a real account, then all the 500+ assets will be available for trading.
The fact that it has its own trading platform makes IQ Option the best. These trading platforms are used by broker sites like GOptions, Banc de Binary, and so it is not possible to settle wrong investment inadvertently. The news on IQ Option Scam is baseless.
A new trader can learn how to trade within 15 minutes. The following are the unique features of IQ Option:
- Asset price movement in real time
- Multiple charts available
- Support team for technical analysis
- Indicators as per the choice of trader
- Latest updates and news available on trading segment
If you are looking for the best trading platform online, then you should go for IQ Option Broker.