One of the hardest things to do when it comes to trading binary options is to pick a site to trade them on. There are literally hundreds of choices out there depending on where you live. That is why we take our job of doing reviews so seriously because we know you don’t have the time to go through and look at all these sites to trade on yourself. Today we will take a look at an innovative and progressive binary options broker called ‘IQ Option’.
IQ Option first came onto the scene in 2012 and has gained a steady amount of investors since then. When we checked online we found the site gets very favorable reviews and is generally well thought of by those that have traded with them. The site definitely caught our attention when we discovered how much those that traded with them highly regarded this web broker. Here is our review of what we feel is a very well done and worthy site to trade binary options on.
We will walk you through everything from the signup to the site right on through to placing trades and customer support.
The landing page for signing up to the site is very straightforward and easy to understand and that was echoed in the actual signup process to access the website. We just had to fill out a simple form, verify our identity by providing some information and then make a deposit to gain access to use the broker for placing binary options trades. IQ Option was very similar to other web brokers we have signed up with and we found it a very simple process to get done.
Right off the bat we were amazed that all it took was a low minimum deposit of $10 USD or British Pounds to get started trading. That is just about the lowest deposit we have ever seen to enter into trading with a web broker; that type of dollar amount really lets anyone who wants to trade binary options do it despite their income level. We invested a little more than that because we wanted to see how well their bonus worked but so far we were not turned off at all by the signup process and were looking forward to seeing what else they did right with their brokerage website.
Video on How to Open an Account
There are simply too many bonuses that this innovative binary options web broker offers its many customers. As you trade on the site you will notice when you hit certain trading milestones that you will suddenly unlock a bonus you were not expecting. Surprises in the form of extra money to trade with are never hard to take.
You can also earn up to a 100% signup bonus on the amount you deposit. This type of bonus is a great way to feel you are not risking your hard earned investment money as you get better at binary options trading and you also get used to using a new web platform and system. What is nice about IQoption is that even the lower account level still offers a generous 80% signup bonus; so even if you only deposit the minimum requirement of $10 you will still get a few extra dollars to trade with; what a great feeling that is.
Types of accounts
IQ Option likes to keep it simple and treat everyone fairly no matter how much they invest so there are only two different account levels on the website Here is what each has to offer:
IQ Option Real Account
This level account starts with a low $10 deposit.
There are cashback options that go with it up to 45%
all assets are available to trade
weekly webinars are included
bonuses can go as high as 80% upon signup and each additional deposit
Real account holders can enter the web brokers trading competitions
For deposits of $100 or more the investor will also have access to free trading signals.
IQ Option VIP account
This account requires an initial deposit of $1000 or more
60% cashback bonus
Includes access to VIP webinars
Includes trading signals for free
Up to a 100% bonus upon signup and on each subsequent deposit
Faster withdrawal times
You will be assigned a personal account manager
All VIP accounts can partake in a monthly analysts meeting to help plan their trading strategy
We have been telling you all along that IQ Option is among the most innovative websites that we have ever come across. How do we know this to be true? How about the fact that they were the first to offer their account holders a free demo account to practice and learn on; it was a tool that sent a ripple effect throughout the industry as many online binary options brokers and binary option robot followed suit and added them to their list of learning tools.
Their free demo account helps those that trade with them learn how to operate the trading platform and it also teaches them the finer points of binary options trading before they enter the actual trading platform and start risking real money. Demo accounts offer site users a risk free introduction to binary options trading for sure. IQ Option’s stand-alone demo program even includes an educational webinar that goes along with it.
The excellent and innovative learning tools do not stop with the free demo account either. IQ Option was also one of the first sites to offer interactive learning for their users too. It is just another way to get ahead in the binary options trading market; the website truly believes that a well-educated binary options trader has a better chance of being a successful binary options trader.
There are additional learning tools such as free webinars, instructional videos, tutorials and a handy eBook too. They will do what it takes to get any level investor successfully trading binary options on a consistent basis almost automatically. So whether you are a novice trader or consider yourself a seasoned binary options trading veteran, you will find something useful in their abundant learning section that will help you be even more successful.
If you like to have a lot of options as far as different assets to trade on your binary options then you have come to the right place. IQoption offers over 70 different options to trade on, many of which are popular stocks such as Wal-Mart, Google and Apple. They offer their users the ability to choose between stocks, indices, commodities and matched currency pairs to trade with. click here There is enough variety of assets that any level trader should be able to find ones they are comfortable trading and can place winning trades consistently with.
IQoption decided once again to be innovative and design a trading platform that they thought would really appeal to their many traders and be simple to use and understand. Well they did a great job at this. Their trading platform is among the best we have seen
It is laid out nicely and easily menu driven. It also has unique zoom and custom layout features which are quite unique to say the least. It is a platform that will appeal to all level traders to say the least.