IQ Option review

General risk warning
The financial services provided by this website carry a high level of risk and can result in the loss of all of your funds. You should never invest money that you cannot afford to lose.

IMPORTANT INFORMATION!  IQ OPTION DOES NO LONGER OFFER ANY KIND OF BONUS. IQ Option has decided not to offer bonuses anymore as a consequence of some traders having suffered further financial loss caused by the attempts to fulfill the required trading volume, which applies to each bonus. Thus IQ Option do not provide deposit bonuses anymore to prevent this from happening.

IQ Option is one of the world’s premier binary brokers. With more than 11 million account holders from more than 170 different nations, this really is the market leader in this field.

In our in-depth review of IQ Option, you will find all the information you need about the broker. This will enable you to decide whether this broker is the right one for you.

We have looked at all aspects of the business, so that you don’t have to. Our experienced team of researchers know both what to look for when assessing a broker, and where to find it. We have presented our findings in this review. Please enjoy!

IQ Option is a global broker

One of the biggest selling points for IQ Option is the fact that the broker has a global reach. This is beneficial for several reasons. The most obvious is clearly that this means that you can join this broker regardless of where you are in the world. We are talking about a financial institution with account holders in almost 180 different nations!

Another benefit is that this reach clearly indicates that this is a major player. And if a company is able to achieve success in so many markets, that surely means they have a great product on offer.

After all, if millions of traders from every corner of the globe are eager to join, why wouldn’t you? They can’t all be mistaken. And what is more, it is always reassuring to invest your money with a rock-solid corporation. IQ Option’s size means that you can rest assured that there is nothing fishy going on. After all, they would have been found out by now if something wasn’t quite right.

It is also true that it is reassuring to invest your money with a corporation of a certain size. This is a well-established brand with a global reach. It is not exactly likely to default on your deposit, or have any liquidity problems, now is it?

 IQ Option is a fast-growing enterprise

The size of IQ Option is truly staggering. We have already mentioned that the company has a presence in an astonishing range of different countries. But that’s only the beginning.

In all, IQ Option has in excess of 11 million accounts. A total of more than 3 million trades are completed on the company’s platform every day. And every month traders are paid a staggering 5,7 million dollars. Clearly, this is a behemoth of binary options trading.

The most impressive aspect of this, is the speed of the company’s growth. IQ Option keeps adding new account-holders daily. The turnover keeps skyrocketing, and profits soar for investors. Monthly pay-outs to account holders has doubled a remarkable 10 times in only 4 years!

It is obvious that this is a trajectory you want to enjoy too. So, why not climb on board? The IQ Option rise seems to be getting more dizzying day by day, so there’s no time to waste.

Low initial deposits

A great aspect of IQ Option that many inexperienced traders will cherish, is the low initial deposit limits. Whereas many competitors demand initial deposits of at least $250 (and in many cases, many times more), you can open an IQ Option account for only $10.

This is one key factor behind the company’s success. Accessibility is a key reason why binary options trading is popular. Many investors who are not able to enter other markets, such as stocks or real estate, find it easy to start trading binary options. And no broker is more accessible than IQ Option!

If you are a novice trader who is curious about binary options, it can be daunting to put up hundreds of dollars just to get started. With IQ Option’s low threshold there is no reason to hesitate.

Once you get the hang of it, and feel comfortable about trading you can add more money to your account. Then, you can trade with confidence, and enjoy the experience.

Should binary trading turn out to not be your cup of tea, then fine. You spent $10 finding that out, and can move on to other investment opportunities.

Essentially, IQ Option is available to anyone. This makes this broker the optimal choice inexperienced traders.

Low minimum investment

Low minimum investment goes hand in hand with the low initial deposit we mentioned above. It wouldn’t do you much good to deposit $10 if the minimum investment was $500, now would it?

But rest assured: with IQ Option you can make very small investments. The limit is only $1. That is one single dollar, per trade.

This is obviously not going to make you rich. Not in a hurry, anyway. But it offers you a great chance to accrue knowledge quickly. By making small investments, you are learning hands on without having to incur risks.

High returns

So far, we have looked at reasons why IQ Option is the number one choice for traders.. But clearly, this company would not be so successful if it didn’t also offer plenty for experienced traders to enjoy.

And trust us: it is really all here. If you have already attained success with binary options, you will be ideally placed to continue to do so with IQ Option.

All successful traders know that earning a high return is crucial. It is obviously better to get paid more per winning trade.

This is something you can certainly do as an IQ Option trader. Returns here are competitive. You also enjoy a high upper investment limit. This means that there is a lot of money to made here for shrewd investors.

Unique buyback feature

IQ Option offers customers several unique features and products. The buyback feature is an example of this.

When you invest in a binary option, and the make the wrong prediction, all the money you invested is lost. That’s just the way it is. Until now!

As an IQ Option trader, you can pull out of a trade if you think you are unlikely to succeed. For example, if you suspect that the price of the asset in question is likely to end up higher and not lower on a put option you can activate the buyback feature before the option expires.

By doing this, you save a portion of the money you invested. This is a great feature because it negates some of the risk inherent in binary option trading.

Profitable tournaments

IQ Option offers it members a great chance to earn very good money for only a small investment. Of course, that could be said about binary options in general, but that’s not what we’re referring to.

No, IQ Option have come up with something that increases your potential profit margin even more. We are talking about tournaments.

IQ Option host tournaments for the company’s traders constantly. You can join for as little as $1, though some tournaments cost $20 or more to join.

The rules are simple: the competing trader who achieves the largest profit on trades during the duration of the tournament wins. Note that it’s the percentage wise profit margin, not the profit in dollars that counts.

The winner receives a prize – usually in the thousands of dollars. This is a great way to boost your income as a binary trader!

Is it illegal to trade binary options?

For some reason, there is a lot of talk on the internet about the legal status of binary options trading. Some rumors indicate that trading binary options is against the law. Others specify that such activities are only illegal in the USA.

Where these claims stem from is unknown, but what is certain is that they are entirely unfounded. It is perfectly legal to trade binary options – also in the USA.

Why a lot of people seem to, wrongfully, think the opposite is not certain. Possibly, they believe that any form of investment that offers the sort of fast and sizeable profits as binary options simply cannot be legal. Or perhaps they mistake binary options for some sort of online scam. Either way, as we shall see in this article, they are mistaken.

When it comes to the situation in the USA, things are a bit more complex. Whereas trading binary options is perfectly legal in America, not all brokers are allowed to operate in the country. We will also take a closer look at this further down in the text.

 

Binary options are legitimate investment vehicles

There cannot be any argument about this point: binary options are perfectly legitimate investment vehicles, and trading them is entirely legal. There is simply no debate to be had, no grey area to illuminate. It really is this simple.

A binary option is quite simply a prediction. In its most basic form, you are asked to predict whether the price of an asset will move up or down within a specific time-frame. You invest a certain amount of money in your prediction. If you are correct, you are awarded a percentage of the invested sum.

As you can see, there is nothing shady here. Quite simply an investment made on the basis of movements in the international financial markets.

This form of trading is not illegal in any way, shape or form. In fact, it has been around for a number of years, and is considered a highly reputable form of investment.

 

Binary options are traded all over the world

One observation clearly indicates that it is not illegal to trade binary options.That is the fact that literally millions of investors from all over world do so. The biggest binary brokers each have millions of members. Some, are represented in more than 150 different countries across the globe.

Clearly, you are unlikely to attract so many traders if what you are doing is against the law. Nor would you be able to conduct business in so many jurisdictions.

Furthermore, it seems extremely unlikely that an illicit undertaking would have the sort of marketing budgets that binary brokers have. You find their logos on race cars in international competitions. Also, the jerseys of professional football teams all over Europa are sponsored by brokers. That includes teams in the Italian and French top-flights. This is not the sort of publicity an illegal enterprise would engage in!

But most important here is that legitimate investors flock to binary brokers. These people are not lawbreakers. They are keen traders who want to make an honest living, profiting from their knowledge of the financial markets.

One of the great benefits of binary trading, is that it makes investing very accessible to many people.

 

Binary brokers are licensed by government regulators

One more important indication that it is legal to trade binary options, is that binary brokers are licensed by government regulators. Obviously, this simply would not be possible if this was not a legitimate form of business.

Many binary brokers are based in the EU. A substantial number of them are registered in Cyprus. Such companies are regulated by the Cyprus Securities and Exchange Commission (CySec). This means that they have to comply with the rules and regulations that govern financial services in the relevant jurisdiction.

The simple fact is that government agencies, such as CySec, would never dream of issuing licenses to binary brokers if trading binary options were not perfectly legal. What is more, by registering with government regulators, the binary brokers make it clear that they intend to operate within the law. If they do not, they will obviously be fined or incur other penalties.

This means that you, as a trader, can invest your money safely with regulated binary brokers. You are not breaking any applicable laws, and thanks to government regulation and licensing, nor is you broker.

Why the US is different

Now, when people talk about binary trading being illegal online, they are often referring to the situation in the USA. And yes, the binary options business is different in the US. Different, but no less legal than anywhere else.

The source of the confusion is probably the fact that most international binary brokers, such as the great many who are registered in the EU, are not able to allow US investors to open an account with them. This, however, has nothing to do with the legality of binary trading. It is simply a quirk of American legislation.

It so happens that in the USA the legal framework that pertains to binary trading is different from their counterparts elsewhere, including the EU. Briefly put, American regulation is stricter and more prohibitive than elsewhere. As a result, brokers that operate with licenses from jurisdictions outside the US will find it very hard to attain licenses from the US regulators.

Seeing as US law forbids brokers to operate in the US market without such a license, this means that most global brokers are not permitted to allow American citizens to trade with them. This is an inconvenience for American traders, but it obviously does not mean that this form of investment in not legal.

Nadex is the fully licensed US binary broker

In the US binary options trading is regulated by two government agencies, the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). At the time of writing, we are only aware of one binary broker that has valid licenses from both, allowing it to operate legally in the US market. The name of this broker is Nadex.

In other words, if you are an American and you wish to make money in binary options trading, you can open an account with Nadex. This is perfectly legal, and will enable you to invest in binary options just like traders elsewhere in the world.

Top 9 secrets to successful binary options trading

When you enter the binary options market, you no doubt are aiming to turn a healthy profit. And why not? This is, after all, one of the most easily accessible ways of securing your share of the immense wealth available in the financial markets.

However, there is no such thing as easy money. You cannot become a millionaire overnight. Even as a binary options trader, you need to be smart and make the right choices in order to cash in. Anyone who tells you it’s enough to just show up, is selling you a fantasy.

In this informative article, we present the top 9 secrets to successful binary options trading. If you stick to them, you will stand a great chance of achieving your ambitions in this marketplace. Read on, to take a conclusive first step towards attaining your goal of financial independence.

 

1 Find the right broker

This is absolutely fundamental. In order to trade binary options, you are required to have an account with a binary broker. This is something that is quite simply written in stone.

A binary broker is a financial institution that provides its customers with a platform where they complete trades online. It really is that simple.

What complicates things a bit is that there are a lot of binary brokers out there, and that great differences exist among them. For example, not all are geared towards all sorts of traders. Some are suitable for only the very serious trader, with plenty of experience and a sizeable amount of investment capital. Others are better suited for inexperienced beginners with limited funds.

It is also worth noting that the range of different options you can invest in varies greatly. Some brokers only offer basic types of options, whereas others have a whole host of advanced options you can invest in. Obviously, it is important that you find a broker with the sort of options you prefer.

The same can be said for assets. There are certain brokers that allow you to invest in binary options based on hundreds of different options from all over the world. Others only specialize in a select few.

Other preferences worth keeping in mind when searching for a broker, include a good mobile platform and, of course, a good reputation among other traders.

Finding a broker does not have to be difficult. Start by reading some informative articles and reviews elsewhere on this site.

2 Educate yourself

There is no way that you can expect to attain success as a binary options trader without learning the ropes. Quite simply, if you’re interested in binary options, you really should learn what they’re all about.

Seeing as knowledge about this subject can easily be turned into major profits, there should really be no limit to your ambition to learn!

For traders who are keen to educate themselves, there are plenty of helpful resources out there. The most obvious are websites such as this. On the site, you will find numerous articles written by experts in the field of binary investment. Read them to attain a fuller understanding of the marketplace. You’ll probably pick up some useful glossary as well.

For more in-depth learning, we recommend that you visit your binary broker’s education center. Virtually all binary brokers (and certainly all the best ones) offer some such service. There, you will find all sorts of useful information.

You can watch video tutorials, read articles and even e-books that will increase your knowledge about binary options – and your ability to make money on them – considerably.

3 Find your strategy

Identifying your strategy is key to attaining success as a trader. This article is not so in-depth that we will look closely at the different strategies you can choose from – you find that information in other articles on the site.

All we want to emphasize here is that you need to find a strategy, and to stick with it. Trading in a consistent way, is the best way to reach a long-term, steady success that translates into a good income.

If you are unsure about which strategies you prefer, we recommend that you find a broker which offers a free demo. This will allow you the freedom to experiment without risking your hard-earned cash.

4 Trade according to your personality

When we talked about strategies in the point above, we could have added the importance of personality. But seeing as it is of such great importance we decided to single it out as its own secret.

One of the most important choices you have to make when it comes to strategy is whether to trade with high risk or low risk. This decision will define you as a trader, and lead all your decision making.

Obviously, this makes it crucial to your success.

The point we’d like to make here is that you are either a risk-taker or a risk-averse person. That’s just human nature. For this reason, we urge you to trade according to your personality. You will not fare well if you try to trade with a degree of risk that does not fit with your basic temperament.

5 Always remember money management

Winning trades is clearly the very core of binary investment. If you don’t win a sufficient amount of trades, you don’t turn a profit, and that’s that.

But there’s another aspect to this business that is almost as important, but a lot less obvious. That is money management.

Money management is the art of deciding how much you should invest in each of your trades. It is crucial because if you get this wrong, you will be just as unable to turn a long-term profit as if you fail in your trades.

Essentially, if you invest too much in each trade, you risk being wiped out by a losing streak; if you don’t invest enough, you miss out on the profits you deserve when you win trades. Either way, it’s bad news.

On the bright side, there’s a golden rule that can help you: always invest between 3% and 5% of your funds in each trade. Just remember that seeing as your balance changes with every trade that you make (as you either make money or lose money), you need to adjust the amount you invest constantly.

6 Trade according to your budget

It should perhaps not be necessary to point this out, but seeing as traders keep falling into this trap, we just didn’t want to take the risk of leaving it out.

Do not – ever – invest more in anything, binary options included, than you can afford to go without. There is a risk involved, which means that just as you can make a lot of money very quickly, you can also lose money at a rapid rate.

For this reason, please make sure that you trade according to your budget. Nobody ever achieved long-term success through hazardous gambling.

7 Slow and steady wins the race

Patience is the name of the game. This might come as an unpleasant surprise to those who thought binary options trading was going to make you rich overnight, but it’s just the way it is.

You are not going to become rich by completing a handful of trades. You are not going to become rich in a week, or even a month of trading. The only way to attain success is by winning a large number of trades, over a long period of time.

What you need, in order to achieve this, is to win approximately 70% of all of your trades. As long as you keep this success level up, you will eventually grow your capital exponentially.

8 Use signals

Winning 70% of your trades is, as mentioned above, the key to long-term success. It might sound attainable, and it is. However, newcomers might find that their averages are a bit lower.

A great way to address this, is to use signals. A binary signal is basically a trade recommendation generated by specialized computer algorithms. Their strike-rate tends to be 70% +

You can use signals by subscribing to a binary signals provider. For a monthly subscription fee, you will receive a certain number of signals every trading day.

Also, many established and successful traders subscribe to signals. After all, the machines are better at crunching numbers and analyzing data than we are, so making predictions about the financial markets is something they should be good at!

9 Use a binary robot

One way of using the signals described in the point above is to engage a binary robot. This is a form of automated trading software, which has quickly taken the market by storm.

When you subscribe to a signals provider, you still need to execute the recommended trades by logging into your broker and actually making the trade. If, on the other hand, you use a robot, this happens automatically.

The system identifies a promising trade, carries it out on your behalf automatically, and that is that. You literally won’t have to lift a finger.

This way of trading, allows you to make money even when you are unable to trade – such as when you are busy with your day job, socializing, sleeping and so on.

Just be aware that not all robots are equally good. For this reason, it is still crucial that you educate yourself on binary options first, so that you know what to look for when choosing a robot and won’t be bamboozled by jargon.

Also, remember that the points about money management and sticking to your budget also apply even more when you are trading automatically. You must not lose control of your robot’s investing.

Binary Options Broker Promises that You Should View With Skepticism!

Binary options trade industry is very competitive industry, and, therefore, brokers make many promises to entice traders. When you are signing up with a broker, ensure that you understand the conditions, because a good broker will facilitate your profitable trading and otherwise. Some brokers tend to stretch the truth a bit, in order to lure clients. On the same breath, there are credible brokers who tell you the facts as they are. Therefore, in order to separate the wheat from the chaff; be wary of the following promises.

Guaranteed Profit

If you sign up with a broker because profit is a guarantee, you will be disappointed after a while. Binary options trade is a trade like any other and there is no way you can make profit all the time. In order to make profit in binary options trade, you should have a good trading strategy and an efficient money management strategy. You are responsible for your success and not your broker. If you start trading with the misconception of guaranteed profits, you will not play your part effectively.

Free Bonus

It is a free bonus all right, but it comes with strings attached. When signing up with a broker, it is important to read the bonus terms and conditions. Unfortunately, most traders do not read these conditions. Nobody should blame them, because the conditions tend to be ridiculously long and in a smaller font. Therefore, traders just click the ‘I Accept the terms and conditions’ and they move to the next step. In essence, the bonuses have certain requirements. Read the requirements first before accepting them.

Assistance from the Account Manager

When signing up for an account, some brokers offer ‘personal account manager’ to the traders account. It is important to note that an account manager will only assists you to execute administrative functions. In some instances, the manager may give you trading recommendations. However, their role ends there. You will have to execute the trades on your own. It goes to the above-mentioned strategies in order to trade successfully. If you want trading assistance, you have to hire a mentor to guide you in your trading.

add-vodka-binary-options-broker

24-Hour Withdrawal Service

When a broker promises to have 24-Hour withdrawal facility, this might be too good to be true. Essentially, every transfer requires verification before you can withdraw the money. The reasonable time for the verification process is more than 24 hours. In this regard, there are very high chances that your transfer might take more than 24 hours. In most cases, the brokers effect your payment through your deposit method. If you use a wire transfer to deposit your money, you might use the same means to withdraw your earnings.

Check this article- How to Start Trading In Binary Options

Ultimately, it is important to do your homework before signing up with any brokers. Many legit brokers have reliable services. However, there are those who do not keep their end of bargain. Therefore, choose wisely.

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Getting started with trading Binary Options

How to Start Trading In Binary Options

There are many ways to make substantial income by trading in the financial and equity markets and trading in Binary options is one of them. This type of trading is good for the younger generation who wants to do everything so much faster! They want to know the results of their activities in a time bound manner. Binary options are the only type of trading activity that you can do with very little investment and get the results in a short time. It’s a contract that has any one of two possible outcomes and this adds to the simplicity of the trading, where you know whether you have won and earned a profit or lost your investment on a particular trade.

How to Start Trading – Trading made simple

Binary Options trading is very easy to enter. Due to this, many thousands of people all over the world are doing it. You have to trade through a broker and they will be your guide for trading successfully. It is up to you to be very careful in selecting a good broker who has good knowledge, vast experience and a high level of integrity to take you through the trading in binary options. Your broker must be always reachable and must be easy to communicate with and must be the person who must be able to guide you at all times you need a brokers service.

Increasing your profit petential

While doing the trading you can make use of the tools, charts, and price patterns for your selected asset that will be very useful before submitting a trade for approval. As there are only two outcomes you have a 50% chance of winning the trade and through your specialized knowledge you will be able to increase it substantially. As you gather more skills it will be possible for you to increase your chance of winning and this will lead to an increase in your profits.

Trading Methodology

The method you are going to use for trading in Binary options must be able to predict the direction of the movement of the price of the underlying assets. As the market forces operate you will find that the price of the asset you want to trade on fluctuates, and the price has to move up or go down. For trading in binary options all you have to do is to predict whether the price of the asset will go up or fall down within a certain time period.

Things to keep in mind

For trading in binary options, you must have a good knowledge of the overall market and the current market conditions for which it is experiencing at the time you enter into a trade. Once you do this:

You must select the right type of asset on which you want to trade

Study the price pattern of the asset and see where it is now and in which direction it going to move in the near future

Decide which way the price is going to move and enter into the Put or Call option as per your decision

Wait for the time period you’ve determined your trade to expire and see if your prediction is right.

If you have correctly predicted the rise or fall in price, then you retrieve your initial investment, along with your commission or winnings, which ever you prefer to call it.

If your prediction has gone wrong, then your investment is lost

Thus, trading in binary options is easy to do, since all you have to do, is to decide on of two possible moves an asset can make in the market and at what time. This can be a fun way of earning profits, the binary options way.

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How much can you earn on Binary Options Trading?

How Much Do Professionals Make In Binary Options Trading

Binary options trading is able to attract so many persons due to its high returns in shorter periods of time. With so much interest in this line of trading, it is now possible to find both veterans and novice beginners trading in binary options and taking their share of profit out of the market. This type of trading calls for specialized knowledge and hence, those who have traded in the binary options for sufficiently longer periods are able to do better than those who have entered into the market recently.

Experience Matters in Binary Options Trading

Experience counts in all matters in our lives and this is better in the binary options trading. An experienced trader with high degree of professional approach can handle the trading uncertainties in a better way than a new trader. When you have gathered enough knowledge and remain in the market at least a couple of years, you will be able to predict the price movements better than those who are new to the market. Your past experience will show which asset to trade and which ones to avoid in a given circumstance, and this will help you focus on the ones that are going to give the higher returns.

Professionalism equals money making potential

A professional trader is a master of multiple trading strategies, they have been time tested in the real market. They know how to employ them with the right asset at the right time and know the right time to exit the market. This will enable the trader to increasing returns and deposit profits to his trading account, rather than returning money back into the market, having bet on unfavorable assets at the wrong time, and losing it altogether.

These factors are responsible for increasing the profits, therefore, it is necessary to follow the footpaths of the professional traders from the start. Due to the right money management policies of these experienced traders and their high mental discipline, they will be able to convert many of their trading days into highly profitable days, and this will add more to their success as a professional trader in binary options.

Avoiding Information Overload

Moreover, when a professional trader is about to trade, they know what metrics they have to follow in order to make the right inputs, that will help them make the right trading decision. These days we’re flooded with so much information, both online and offline sources, really immerse us into waves of uncertainty. There is every chance that a novice trader will look to bad sources of information and arrive at bad conclusions, ruining a traders ability, thereby making a losing day in the market.

A professional and experienced trader will have many of these advantages and thus prove to a better trader. With more capital at there disposal they can employ funds in a judicious manner and this could potentially bring in greater returns. This will enable profits to return to the account, helping it grow larger and larger. With all these aids in binary options trading, it is now possible for a professional trader to earn thousands of dollars in individual trades, in just one day.

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