Is IQ Option the Smart Binary Option Choice? We think so!
Will the value of an asset go up or down? That’s the essential simplicity of trading in binary options, and what’s more you can do it online. What’s not simple is deciding on which trading website to use. But for many smart investors, the best answer to this question is to go with IQ Option. Even if you’re from South Africa, it just makes a whole lot of sense.
If there’s one word to use to understand the wisdom of using IQ Option, it’s the word easy.
IQ Option is Easy to Trust
To trust is one of the most difficult things to do in the binary trading industry, with so many nightmare anecdotes about scammers. IQ Option, on the other hand, has garnered a sterling reputation for technical innovation and ethical trustworthiness. It’s registered not just with CySEC, but also with other EU regulatory bodies in the UK, Germany, the Netherlands, Spain, Italy, and a few more other countries. It was fined €20,000 for failing to comply with a rule in the Investment Services and Activities and Regulated Markets Law, but upon review the administrative fine was revoked.
It has also received numerous awards for excellence and innovation, and these accolades include praise for the terrific features of its trading app. It has even partnered with Aston Martin Racing, in its quest to emphasize its speed and reliability.
This explains the increasing number of accounts ever since IQ Options was established in 2013. By 2014, the accounts numbered almost a million. In 2015, this grew to almost 3.5 million. By 2016, the numbers skyrocketed to more than 14 million accounts. Currently, the site deals with 3 million trades each day with a cumulative volume of $11 billion per month.
IQ Option is Easy to Join
Registering with IQ Options is quite simple. Actually, you can register very quickly with just your Facebook or Google+ account.
To join in full, all you have to do is to open an account for a measly $10. That’s it. There are no fees for deposits and withdrawals when you’re using bank cards and other online financial services. The only time IQ option charges you for withdrawing money is when you use a wire transfer to your bank account, and that’s because the bank takes a commission from IQ Option for sending the transfer.
While there are also several tiers to choose from for your account, you can get the VIP account (and therefore the most privileges as well) with just $3,000 in your account. In other binary options websites, this may require you to pony up to $50,000 before you can receive the maximum benefits.
What’s Great about the IQ Option VIP Account?
Here you’ll get the greatest amount of educational training that you can get. Some of the exclusive training manuals have been prepared by the IQ Options analyst team members. What’s more, you can chat with your own account manager so that you get personalized introduction and training when it comes to the available analytical tools.
Finally, with this account you can increase your profits even more. That’s because the ROI can go up anywhere from 2% up to 15% more.
Getting Your Money Back from IQ Option
This is one of the most notorious sticking points in scammer websites—sometimes it’s virtually impossible to take back the money you’ve put in your account. Here, that’s not the case at all. Processing the withdrawal requests takes only 24 hours, and that includes verifying your identity so IQ Options can confirm that you’re who you say you are when you withdraw your money.
There’s also virtually no limit to the amount of money you can get back from your account. Other services require that the minimum amount is $50 while the maximum is $10,000. Here, you can withdraw as little as $2 and you can even withdraw a smaller amount with help from the support team.
As for the maximum amount, you can withdraw up to a million dollars per day in total. Also, there’s no limit to the number of withdrawal requests you can make in a day. The only limit is that of course the amount can’t go over the amount of money you actually have in your account.
Is IQ Option Easy to Use?
First of all, there are more than 70 assets here that you can trade on, and they include currency pairs, stocks, commodities, and indices. Then you can also trade on the website itself, although you’re better off downloading the software for your desktop computer or the app for your mobile device. The desktop software are offered for Windows, macOS, and Ubuntu, while you can get the apps from either the Apple App Store or from Google Play.
Here the minimum investment is just $1, and the yield averages to about 85%. However, some deals can get you a 91% return. Some trades can expire very quickly at just one minute, so you know immediately if you called it right.
While you do have lots of educational resources to try out, perhaps the most useful is the demo account that gives you $1,000 in virtual money. This lets you see for yourself whether the strategies you’ve drawn up will actually make you money or not. This tool can let you tweak your tactics, and you can also familiarize yourself with the interface.
The interface of the actual trading platform is the very essence of user-friendliness. Everything is laid out neatly, and all the info you need are all right there on your screen. It’s very simple to figure out what to do when you want to enter a trade, and you also know ahead of time how much you’re in line to receive in profits when you make a right call.
IQ Option Verdict
This one is a sure winner, because it doesn’t take much to join. With just $10, you can confirm how really easy it is to use, and how easy it is too to get your money back. It’s no wonder that in just a few years IQ Options quickly became at the forefront of the binary trading industry. They’re really just the smart choice.
- Only $10 minimum deposit to get started
- Invest in Cryptocurrencies such as Bitcoin easily
- Regulated by CySEC
- $10000 Demo account available
- Easy Withdrawals and smart user interface
- Excellent returns (up to 92% in case of correct prediction)
- No US Traders allowed