Is IQ Option a Scam?

IQ Option Trading PlatformIQ Option is a regulated and licensed broker by CySec, and the broker has sought registration with other bodies. You can check the full details on the official website of the broker. IQ Option is reliable with legitimate business and offices in different parts of the world. Their affiliate network makes sure that traders are trading accurately and in the best market conditions. FCA in the United Kingdom licenses the broker.

IQ Option was founded in 2013 and is regarded as one of the most reliable and innovative binary options broker in the industry. They have an untarnished reputation, and their brand name is reflected by numerous awards that they have won in due course of time. You can check out the full list of awards and other recognitions from their official website. It is an entirely safe broker and not a scam one.

Is IQ Option Binary Broker a Scam or not?

The overall user feedback for IQ Options is positive. There have been few complaints regarding the trading platform which is normal and nothing to worry. The forum response is prompt and favourable. The problems of site connection are a local issue and have nothing to do with the overall fault of the website.

IQ Option works in a very transparent manner to maintain the user confidence and market reputation. Some of the features and services offered by the broker are listed below.

  • Demo Account: This free account is available without any validity period where people can understand the trading platform and enhance their trading skills in a virtual environment. Even opening a real account requires a minimum deposit of only $10.
  • Offers: The broker is not offering Deposit Match Bonus to players since December 14 to comply with CySec rules. However, there are some nice welcome bonuses available for people registering with the broker for the very first time.
  • Hedging: The broker offers an excellent leverage ratio for traders to make the maximum amount of profit from their trades.
  • Support: Customer service is available in many different languages apart from English. You can interact with representatives through email and live chat facility.

How to Trade on IQ Option

Benefits of Trading with IQ Option

The broke is known for offering some of the best-known features and services to its existing and new customers. The demo account feature, unlike other brokers, is available to traders without any validity period. The trading platform is sophisticated and user-friendly with graphical user interface ideal for both iOS and Android OS for a mobile app.

Apart from providing binary options trade, IQ Options has started offering CFD and Forex trading and direct access to 14 different cryptocurrency markets like Bitcoin, Dogecoin, Ethereum etc. Traders get to access several risk management tools for Forex and cryptocurrency trade like “Take Profits” and “Stop-Loss” tools.

Our comprehensive review covers all the features offered by the IQ Option broker, and other aspects traders need to know about like tips, strategies, deposits and withdrawals. You should know that IQ Option is not a scam. It is a reliable broker with good market ratings and an excellent customer base.

Rich Archer

Rich Archer

Hi, my name is Rich Archer. I am living in London. Welcome to Binary Manual. Reach to Binary Options broker reviews and market news here.

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