IQ options Turn to be an Excellent Broker Trading Platform
There are many online trading brokers available.
There are many online trading brokers available. But unlike many of them, IQ Option is a standard trading platform. And because all are not built the same, IQ Option is well built to cater to all investor needs.
Easy to use platform is a significant concern to make trading simpler. IQ Option gives you an easy to use platform that contains essential features; technical analysis, multi-chart layouts, volatile alerts, historical quotes, stock screeners, market updates, economic calendars, and more. These essential features are not available on all broker platforms. An added advantage, the platform suits all people; it comes with 13 different languages across the world.
Choosing IQ Option gives you an advantage of trading numerous financial instruments and assets; forex, EFTs, cryptocurrencies, commodities, digital options, and stocks. The downside is that binary options aren't allowed in the EEA. So, you can't trade them at the IQ Option trading platform. But before you take a step to trade at IQ Option, review the platform at https://day-traders.net/iq-option/.
Types of IQ Option Accounts
IQ Option trading platform has only two available accounts: VIP and standard.
If you want to trade a standard account with a minimum of $10 deposit, you can start your investment journey. And unlike other CFD providers, this platform has no restrictions on trading functionality. Also, you are eligible for more than 350 assets and 24 hour withdraws process. You can decide to compete in several trading competitions that the platform provides – only those outside EU.
On the other hand, you can get a VIP account after you deposit $1900 or more. There are benefits such as monthly reports about your trading records, 3% additional returns, and a dedicated account manager in getting a VIP account. However, these accounts are only for people living outside EEA.
Available Assets to Trade
When the IQ Option trading platform was launched, it only started as a binary options broker. Today, clients can trade different financial instruments like cryptocurrencies, contract for difference (CFDs), Forex, EFTs, binary options contracts, and stocks.
Forex – IQ Options broker provides traders with competitive spreads and numerous currency pairs. Some available pairs include USD/JPY, EUR/USD, USD/CAD, GBP/USD, NZD/USD, USD/CHF, and AUD/USD.
Stocks – with IQ Option, you can trade CFDs of excellently performing stocks without opening fees. While investing stocks, the minimum is $1 for those leveraging up to 1:20. These stocks are from giant companies like Amazon, Tesla, Apple, Boeing, and more.
Cryptocurrency – you can trade CDFs on different cryptocurrencies. These cryptocurrencies include Bitcoin Cash, EOS, Dash, Lota, Stellar, Tron, Zcash, Cardano, Litecoin, Binance Coin, Cosmos, Neo, Ripple, Bitcoin, and Ethereum. Trading cryptocurrency with IQ Option trading platform, expect a great margin trading leverage. Moreover, you can get easy withdrawals, quick deposits, and shorter selling options.
Commodities – you can trade CDFs on 5 commodities at the IQ Option trading platform. These commodities include Gold, Platinum, Crude Oil WTI, Silver, and Crude Oil Brent.
ETFs – with IQ Option, you have the ability to trade CDFs on ETFs. In an ETF, many different assets will be combined in one basket. You have to trade 25 available EFTs.
Regulation and Security
IQ Operation has been operating for years. During that time, many have recommended it for quality services and reliability. IQ Operation won multiple awards for excellent customer experiences. It is among the best brokers you find in the market, having millions of users worldwide.
A reputable broker must be regulated, and CySec has a regulated IQ Option trading platform. Those users residing in the European Economic Area (EEA) their accounts are under IQOPTION LTD.
Is IQ Options scam or legit?
IQ Option trading platform is legit. The broker has more than 40 million active users from 213 countries. The active traders are growing day by day without changing signs. Also, the platform receives more than 1 million daily transactions.
IQ Options is among the legit and reliable brokers in the trading industry. It also has the best intuitive trading platform and suits all types of traders; novice and experienced.
IQ Option trading platform accepts investors from 213 countries. Some of these countries include Kenya, Bangladesh, Botswana, Bolivia, Cambodia, Brazil, Columbia, China, Ghana, Egypt, India, Iran, Indonesia, Jamaica, Ireland, Korea, Japan, Germany, Nigeria, Maldives, Malaysia, Mexico, Macedonia, Namibia, Morocco, New Zealand, Netherlands, Philippines, Pakistan, Serbia, Saudi Arabia, Somali, Singapore, Sri Lanka, South Africa, Tanzania, Switzerland, Turkey, Thailand, Uganda, United Arabs Emirates, United Kingdom, Ukraine, Zambia, Vietnam, and Zimbabwe.
Countries not accepted
Unfortunately, there are traders not accepted to trade in IQ Option. Some of these countries include; Russia, United States, Australia, Canada, Belgium, Japan, Sudan, Syria, Iran, Israel, and turkey.
The Bottom line
IQ Option provides a trading technology with a wide range of assets and impressive technology. Trading with this broker platform, you can access education materials, an intuitive interface, and helpful customer services. An advantage, it's free to open an account, and you have unlimited use of a demo account.