Iq Option Trading Platform Review – Basic Information

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The IQ Option platform is one of the fastest, most advanced and most reliable trading platform on the market. This is a brief Iq Option trading platform review with all the basic information that you need for start.

Find out what is Iq option, what others say about IQ Option, what it offers and whether IQ Option is a scam.

Trading on the world stock exchange has existed in the world for a long time and is realistic. Many traders or more popular traders become experts by trading on the stock market. But also many are losing their money, especially new ones who still have no experience and do not know what they are doing.

DISCLAIMER

  • This blog is informative-educational-entertaining, it should not be understood as financial advice.
  • I am not a financial adviser.
  • The online market is RISKY, you participate in it at your own risk.

What Is IQ Option?

IQ Option is one of the best platforms that offers online trading service on the world stock exchange CFD options (Contract For Difference), Stocks of well-known companies, Forex trading, Comoddities, ETF, Cryptocurrencies etc.

As a beginner, you can trade virtual money without risk on your Demo account, which is used for training, and you can also trade real money and have positive trading experience. That is why I advise you to educate yourself well and practice on your demo account before trading for real money.

IQ Option nicely highlights all economic news, sends you notifications even when you’re not online, even gives you audible alerts and customizable charts. A minimum investment of 50 euros and a minimum trade of 1 euro also make a difference.

You enter the real money trade with the amount you are willing to risk, turn off your emotions and know that it is impossible to always win. Even the best traders lose money.

Basic information About IQ Option

IQ Option is headquartered in Cyprus, registered under number HE 324593.

This is the address of the site from which you can access the IQ Option platform:

www.eu.iqoption.com

Risk Warning: Between 74-89% of retail investor accounts lose money when trading CFDs. You should never invest money that you cannot afford to lose.

About IQ Option – License and Recognitions

IQ Option was founded in 2013. They currently have millions of registered users on the online commerce platform. Every day, their service encounters more than a million transactions in total.

They obtained the license of the Securities and Exchange Commission (CySEC) in 2014. With this license, they can provide their services throughout the European Economic Area (EEA).

IQ Option Application for iOS And Android

You can install the Iq Option trading application on your phone and so you will have access to the Iq Option platform wherever you are via your phone.

The application is very professionally done and very easy to use. You have exactly the same options as on the computer, only the layout is a little different because of the space.

To download the application for iOS and Android, click on Download Application below:

Download the Iq Option Application Here

Risk Warning: Between 74-89% of retail investor accounts lose money when trading CFDs. You should never invest money that you cannot afford to lose.

Although the application has no flaws, there is still much less space on the phone than on the computer. I would still recommend that you trade on a computer, because it is much clearer there, which is of great importance to me personally.

I use the application only in cases when I have to do something at some point, without being at the computer.

What Trading Services Does IQ Option Offer?

Once a person opens his account on the Iq Option platform, he can use the following trading services:

1. Forex – trade over 30 different currency pairs. When you trade Forex, you are selling one currency and buying another. You win if the currency you buy rises relative to the currency you sold.

2. Stocks – You can trade stocks. Stock trading involves frequent buying and selling of stocks. The goal of stock traders is to capitalize on short-term market events in order to sell shares for profit or buy shares at the lowest price. Some stock traders are daily traders, which means they buy and sell several times during the day.

3. Crypto (Cryptocurrencies) – you can trade the following cryptocurrencies: Bitcoin, Ethereum, EOS, Litecoin, Ripple, TRON, Monero, ZCash, OmiseGo, Qtum and Dash. Cryptocurrency trading is an act of speculation about the movement of cryptocurrency prices through CFD orders for trading or buying and selling basic coins through exchange.

4. Commodities (Oil and Gold) – trade the price of oil or the price of gold. Traders buy and sell physical goods such as metals or oil. Traders in this area aim to profit from expected trends as well as from arbitrage opportunities.

5. ETFs – Exchange Traded Funds (ETFs), all who have an Iq Option account can get access to over 20 available ETFs. It is a basket of securities that accompanies the underlying index. ETFs can contain investments such as stocks and bonds. ETF shares are traded during the day at prices that change based on supply and demand.

Is IQ Option Scam or is it a Legal Platform?

Occasionally people ask me if investing in IQ Option is legal. Yes, it is completely legal in most of the world! There are only a few countries that do not allow people to trade with brokers based outside the country itself.

I personally use the IQ Option platform, I withdraw money from the platform almost every month, I have never had a problem not having money sent to me or money disappearing, so I can assure you that it is not a scam and will pay you every dollar earned.

I started trading on the stock exchange on the another platform, however I later came across the IQ Option and was surprised at how much better and easier it is to use.

NOTE: Earnings from trading on the stock exchange are NOT guaranteed. If you don’t know what you’re doing and you’re just trading for fun, you’ll probably lose your money. So please train yourself before you invest. Only invest as much as you are willing to risk. On all these platforms you will find a warning that your capital is at risk.

A Guide to Successful Trading – IQ Option Trading Patterns

To all traders, this is one of the favorite tools found on the IQ Option site. Video tutorials for training new traders, so I advise you to spend some time in your training, in order to have a positive trading experience in the end.

Everyone knows that successful trading requires an understanding of how to trade. Like it or not, the lack of this information will negatively affect our trading results. The developers of the IQ Option trading platform know that and that is why they added this section to their website.

You will find video tutorials on the left side of the main menu when you enter the Iq Option trading platform. You have over 50 videos here and I recommend you watch them all.

All successful trading forms that you can find on the IQ Option site have their own video guide. You can learn how to use trading patterns and you can save a lot of time and mistakes by using the information provided.

Account Types – As Beginners, What Can You Expect?

DEMO ACCOUNT – For Practice

If you are someone who accesses this platform for the first time, you have the opportunity to open a Demo account, which is used to practice and get acquainted with the platform. You have virtual money on your Demo account, so you don’t trade real money, so you can nicely explore how the platform works.

And that’s exactly what I advise you to do if you are a beginner, open your Demo account, study the platform well, find some trading courses, which you also have on the IQ Option platform itself.

After registering, IQ Option will send you training e-mails aimed at helping you succeed in trading.

Open Your Free IQ Option Demo Account

Risk Warning: Between 74-89% of retail investor accounts lose money when trading CFDs. You should never invest money that you cannot afford to lose.

When you open a Demo account, you have $ 10,000 in your account. These virtual tools are used for training and it doesn’t cost you anything, you can do whatever you want with them. The company does not require your personal data to open a Demo account. With that in mind, any Demo account holder can protect themselves and their trading strategies at the same time.

In the upper right corner of the Iq Option platform (see image above) you can choose between a Demo account and a Real account at any time and this will always be available to you. If you lose your virtual money, you can always top it up for free.

REAL ACCOUNT

Use a Real account when you feel you are ready to trade real money and there you need to deposit some money. The minimum deposit is 50 euros.

What are the Trading Fees?

IQ Option charges a certain amount for certain transactions. For example, the IQ Option takes 2.9% for each “long” cryptocurrency position as an opening fee.

In the meantime, if any trading option stays open overnight, the account holder will be required to pay a certain fee. This will affect the trading of CFDs on Forex, ETFs, Cryptocurrencies, Commodities and Indices. For CFD positions, the commission ranges between 0.01% and 0.5% as a replacement fee. In addition, brokers will charge fees on the platform overnight.

You have three free payouts. In addition to the trading commission, IQ Option also takes a commission when paying out money. But you get three free payouts every month. No withdrawal commission will be taken apart from 31 USD, which applies for withdrawals via bank transfers.

IQ Option – Advantages and Disadvantages

Trading on this platform have the following advantages:

  • This trading platform has an attractive easy-to-use interface
  • Available via PC and mobile devices
  • Provides an overview of open positions and trading history
  • Fast payment and payout
  • A handful of video tutorials for beginners and experienced traders
  • A variety of trading products are available, including cryptocurrencies and ETFs
  • Easy registration, you can register with a Facebook or Google account
  • Includes features such as Multiplier, Stop Loss, Take Profit and Trailing Stop
  • A set of indicators to help you trade properly (eg Moving Averages)
  • You can join the IQ Option Affiliate Program
  • 24/7 customer support via chat or email

There are two known disadvantages that the platform does not offer. First, they are unable to integrate with MT4. In addition, they do not allow robo-traders on the platform.

Conclusion – Is It Worth

According to me, and according to many other traders, Iq Option is one of the best brokers that offers forex trading, stocks trading, crypto trading, commodities etc.

Everything is very smooth, fast and intuitive thanks to their custom application, available for Mac, Windows, Android and iOS. If you don’t feel like investing real money yet, don’t worry. You can use your “Demo account” to try out the platform yourself before investing.

You will see that you will like it from the beginning. Have you decided to invest your real money? You can use many of the supported deposit and withdrawal methods, including credit and debit cards, foreign currency transfer, e-wallets, such as AdvCash, Neteller, Skrill or PerfectMoney.

Here is the link from which you can register for free on the IQ Option platform:

www.eu.iqoption.com

Risk Warning: Between 74-89% of retail investor accounts lose money when trading CFDs. You should never invest money that you cannot afford to lose.

I hope this post about the Iq Option platform has helped you understand what Iq Option is and what it is for. Feel free to write your experience below in the comments. Also, if you have any questions, feel free to ask. And don’t forget to share this post with a friend.

Wishing you all the best and GOOD LUCK!

Sasa

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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