
IQ Option Overview
Website | iqoption.com |
Year Founded | 2013 |
Countries of Registration | Cyprus, Saint Vincent and the Grenadines |
Website Languages | English, Spanish, Portuguese, Russian, German, Chinese, Arabic, Turkish, Indonesian, Italian, French, Swedish, Thai, Bengali |
Regulators | CySEC, SVGFSA |
Broker Type | MM |
Dealing | B-book |
Minimum Deposit | $10 |
Account Currencies | USD, EUR, GBP, RUB |
Spread | average |
Trading Platforms | Quadcode |
Trading Assets | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities |
Brief look at IQ Option
IQ Option is a regulated broker founded in 2013. It combines its own award-winning platform with a low $10 entry threshold and $1 trade size, offering 300+ instruments across CFDs and fixed-time options. The broker attracts both beginners and active traders with an intuitive interface, rich charting toolkit and 24/7 multilingual support. While spreads are competitive, availability is limited in a number of jurisdictions and binary options remain high-risk.
Pros
- Low $10 minimum deposit and $1 trade size
- Proprietary platform with 100+ indicators and built-in news feed
- Wide range of instruments (300+), incl. 25+ crypto CFDs
- Free practice account with $10 000 virtual funds
- Fast withdrawals (1-3 days) and many funding methods
- CySEC regulation and segregated client funds
Cons
- Binary options classified as high-risk in many countries
- Inactivity fee after 90 days
- Higher spreads than ECN brokers; no MT4/MT5 support
Is IQ Option available in my country?
We just checked and
IQ Option doesn't accept clients from United States!
Your capital is at risk
IQ Option Reviews
IQ Option has been fantastic for my trading journey. The demo account is incredibly helpful for practicing before you dive into real trading. I was impressed by the low minimum deposit and the variety of account types available. The app is easy to navigate, and I can log in quickly to check my trades. Overall, I highly recommend this broker!
8/15/2023I've been using IQ Option for several months now. The trading spreads are competitive, and the leverage options are decent. I had a minor issue with the withdrawal time, but customer support was responsive and helped resolve it.
5/10/2023My experience with IQ Option has been mixed. The sign-up process was straightforward, and I appreciated the bonus they offered at the beginning. However, I found the app could be glitchy at times. The rebate program is a nice touch, but I wish the minimum deposit was lower for newbies.
12/20/2022I love trading on IQ Option! The demo account feature is perfect for experimenting with different strategies without risking real money. The login process is seamless, and I enjoy the variety of assets available, including forex options. Their customer service is also top-notch, which is a big plus for me.
1/30/2023IQ Option is a solid broker with a user-friendly platform. The ability to download the app makes trading on the go easy. I appreciate the different account types available, which cater to various trading styles. However, I did find that the withdrawal time could be improved, but overall, I'm satisfied with my trading experience.
11/5/2022Leave a Review
Is IQ Option regulated?
Companies | IQ Option Europe Ltd, IQ Option LLC |
Countries | Cyprus, Saint Vincent and the Grenadines |
Regulators | CySEC, SVGFSA |
Investor Protection | ICF |
Investor Protection Size | €20 000 |
Publicly Traded | |
Segregated Accounts | |
Guaranteed Stop Loss | |
Negative Balance Protection |
IQ Option Account Types
Property | Standard |
---|---|
Min Deposit | $10 |
Lot Size | 0.01 lots |
Spread Type | Floating |
Execution | Market |
Min Spread | 0.5 pips |
Fee | No |
Max Leverage | 1:500 |
Stop Out | 50% |
Margin Call | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Binary Options
Account | Binary Options |
---|---|
Minimum Deposit | $10 |
Option Types | Call/Put, Turbo, Digital Options |
Minimum Stake | $1 |
Payout | from 55% to 95% |
Expiration Time | from 30 seconds to 30 days |
IQ Option Funding and Fees
Base currencies | USD, EUR, GBP, RUB |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT) |
Inactivity fee | $10 per month after 90 days |
Interest on margin | |
Withdrawal Fee | $30 on bank wire; other methods free |
IQ Option Trading Platforms and Conditions
Trading Platforms | Quadcode |
Execution Speed | 0.1 ms |
Scalping | |
Expert Advisors (EAs) | |
Depth of Market (DOM) | |
Spread | average |
IQ Option Trading Assets
Currencies | 63 |
Indices | 12 |
Stocks | 379 |
Cryptocurrencies | 26 |
Bonds | 0 |
Metals | 3 |
Energies | 3 |
Soft Commodities | 3 |
ETFs | 22 |
Education and Analytics
Economic Calendar | |
Indicators | |
Robots | |
Signals | |
Autochartist | |
Expert Analytics | |
News Feed | |
Education Articles | |
Webinars | |
Seminars |
Broker Contests
Demo Contests
Contest Name | Start Balance | Prize Pool | Period | Details |
---|---|---|---|---|
Weekend Treat | $100 | $1,500 | Weekly | Learn More |
Salary in a Day | $100 | $3,000 | Weekly | Learn More |
Austin 1000 | $1,000 | $1,000 | Weekly | Learn More |
IQ Launch | $100 | $10,000 | Weekly | Learn More |
72 Hours | $100 | $5,000 | Every 2 Weeks | Learn More |
IQ Option Support
support@iqoption.com | |
Phone | +35724257707 |
YouTube | YouTube |
IQ Option Alternatives
Broker | IQ Option | OctaFX | eToro | Deriv |
---|---|---|---|---|
Type | MM | ECN | MM, Social | STP |
Minimum Deposit | $10 | $25 | $200 | $1 |
Regulators | CySEC, SVGFSA | FSC, MISA, CySEC | SFSA, FCA, CySEC, ASIC, SEC | LFSA, BVIFSC, VFSC, SVGFSA, JFSC, MFSA |
Platforms | Quadcode | MetaTrader 4 (MT4), MetaTrader 5 (MT5), OctaTrader | eToro | MetaTrader 5 (MT5), Deriv X, cTrader |
Spread | average | average | high | low |
Leverage | 1:500 | 1:1000 | 1:30 | 1:4000 |
Assets | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Metals, Energies, Cryptocurrencies |