7 Binary Options.

7 Binary Options.
Brokers Binary Option Robot Signals Guide Strategies Complaints Forex Trading Cryptocurrencies.
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 broker called IQ Option.
IQ Option first came onto the scene in 2013 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 on.
We will walk you through everything from the signup to the site right on through to placing trades and customer support.
Binary options and digital options are prohibited in EEA.
Basic information.
Online since 2013 Jurisdiction Seychelles Software IQ Option Max Returns 92 Amount will be credited to account in case of successful investment Minimum Deposit 10 Minimum Investment 1 Maximum Price 20000 Currencies USD, EUR, GBP, RUB, TYL, BRL, MYR, IDR, VND, CNY Mobile Application Android, iOS.
Proprietary trading platform Good variety of options Interface is very friendly Smallest minimum investment we have ever seen Stand-alone demo account Interactive learning tools.
Customers not accepted from USA, Canada, Australia, Belgium, Israel, Palestine, Japan, Russia, Turkey, Syria, Sudan, North Korea and Iran.
Users from following countries can not trade from the iOS mobile application Malta; Android application unavailable for Malta, Myanmar, Liechtenstein, Cuba.
7 Binary Options Rating.
General 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.
The financial products offered by the company carry a high level of risk and can result in the loss of all your funds.
You should never invest money that you cannot afford to lose.
Please be advised that certain products and or multiplier levels may not be available for traders from EEA countries due to legal restrictions.
Binary options and digital options are not promoted or sold to retail EEA traders.
If you are not a professional client, please leave this page.
Using IQ Option on Mobile.
Since its launch in 2013, IQ Option has been at the forefront of developing innovative technologies in the binary options trading industry.
It was the first Russian broker in the sector, and the team behind it used their expertise to create new and effective features that make the platform easier to use.
In the world of binary options trading, that means giving traders features that help them more effectively analyze the market and place profitable trades with risk of course.
One of the most popular of these technical innovations is IQ Option s mobile app.
The IQ Option mobile app is one of the best mobile apps from any binary options broker.
It is extremely user-friendly.
This is, in fact, one of the app s biggest selling points, as many of the other apps available in the industry are difficult to use.
In fact, with most apps, you have to be an experienced trader who has a deep understanding of the intricacies of the market and the technical jargon used.
Not the IQ Option app though.
It is powerful and also jargon free and easy to use.
The app simplifies the process of trading binary options, and many traders prefer using it over the desktop website.
It has a comprehensive range of features, so you can do everything you need to successfully trade binary options or forex.
There are a few different indicators available in the mobile application.
All the graphs are easy to read and have an incredible level of detail, particularly when you pinch the screen to zoom in.
Placing a trade takes a couple of simple taps.
It has a modern interface, and everything loads fast.
In terms of look and feel as well as functionality the IQ Option s app is a lot like a sports betting app.
If you have used one of those, you will quickly get the hang of the IQ Option app.
Just like in sports betting, it is all about making an accurate forecast.
There is risk involved too you will lose your money when your predictions are wrong.
The app is secure, so your money and personal data are safe.
It also offers good notifications, so you can get involved in tournaments and check price trends as they are happening.
Downloading the App.
The IQ Option app is available in Apple s App Store and the Google Play Store for those with Android devices.
Even if you haven t used a mobile app for binary options trading before, it is good to have the facility.
The reality is that most traders do use desktops when trading, but mobile is a growing market for the industry.
This is the reason why forward-thinking operators like IQ Options are investing in their mobile offering, so they can give users a better level of service.
This sort of innovation is why so many traders choose to use IQ Option to invest their money.
General Risk Warning The financial products offered by the company carry a high level of risk and can result in the loss of all your funds.
Binary and digital options are prohibited in EEA.
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 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.
We invested a little more than that because we wanted to see how well their 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 Trade on IQ Option.
Your capital may be at risk.
This material is not an investment advise.
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.
More than 500 assets Full access to trading opportunities Participation in trading competitions subject to terms and conditions Fast withdrawals in just 1 working day Real money trading Start with a 10 deposit.
IQ Option VIP account.
More than 500 assets Full access to trading opportunities Participation in trading competitions Faster withdrawals in just 24 hours Real money trading Personal manager VIP access with deposit from 3,000.
Account and Banking Options at IQ Option.
IQ Option offers a number of different accounts that you can sign up for.
Which one you chose depends on your objectives and the amount of money you want to allocate to binary options trading.
Most people start with the Real Account which has a very low minimum deposit of 10.
Your account will give you access to over 500 assets that you can place trades on.
All trading features are included with this account, so you can make substantial profits if you make the correct price predictions.
Another account offered by IQ Option is the VIP Account.
It has a 3,000 minimum deposit, but it comes with additional benefits.
This includes a personal account manager who will help you make the most of your account.
A number of options are available for depositing money into your account.
These include.
Credit or Debit Card Visa, Mastercard, Maestro Skrill Neteller Boleto Qiwi WebMoney iDeal Fasapay Sofort.
The low minimum deposit of 10 that IQ Option offers is flexible, but it doesn t mean you should stick to this low amount.
It is always best to base your trading pattern on what is happening in the market and your current financial position.
Everyone has to go through a learning curve, and that will mean some losses.
It is much easier to deal with small losses than large ones when testing out a new trading platform.
IQ Option has won lots of awards you can find rest of them on their website.
Withdrawing Funds from IQ Option.
When you start trading at IQ Option, you will eventually want to withdraw some of those funds to spend or invest how you chose.
Luckily the withdrawal process at IQ Option is simple and safe.
To protect traders money, all withdrawal requests have to be approved by the IQ Option team.
This means withdrawals don t take place immediately, but there are no unnecessary delays.
You can withdraw money using a number of different methods.
Credit card Visa Card and MasterCard Maestro Card Bank transfer Skrill WebMoney.
Before you make your first withdrawal you will have to confirm your identity with IQ Option.
This is to help protect the platform against fraud and to keep it compliant with money laundering legislation.
Your personal account manager or a member of the customer support team can guide you through the process.
To process a withdrawal, you have to specify the amount, payment method, and currency.
All account holders can expect their withdrawal requests to be processed in one working day.
The minimum amount you can withdraw is 2, and the daily maximum is 1 million USD.
Is IQ Option Regulated.
IQ Option is one of the most popular binary options trading platforms in the world, but it is still important to investigate its trustworthiness.
This is important to all traders because of the nature of the market.
There are two things we have considered when looking at IQ Option its own policies and its regulation status.
IQ Option hasn t left it there though.
In fact, from the policies that we have read, they offer levels of protection for their customers that are significantly higher than the requirements of the regulator.
This includes policies for how traders money is dealt with as well as deposit, withdrawal, dispute, and privacy policies.
All of the policies are easy to understand and comply with and are designed to protect everyone involved.
This includes actions to prevent money laundering and ensure traders are properly identified.
When you are just starting out at IQ Option, the steps you have to go through can seem a bit onerous.
For example, you may have to provide documentation that proves your identity.
When you understand that this is for your protection, you will appreciate why it is done.
It also helps maintain the reputation of IQ Option.
Learning Tools.
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 robots 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 an introduction to binary options trading for sure.
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 instructional videos and tutorials.
So whether you consider yourself a seasoned binary options trading veteran or not, you will find something useful in their abundant learning section.
Trading Patterns.
To be a successful binary options trader you must have a trading pattern.
With IQ Option, you can develop a trading pattern and optimize it as you have access to a range of resources and educational tools.
You can access most of the tools directly from your dashboard on the trading platform.
The visual display is easy to understand.
You can see trends, plus there is technical analysis information available as well.
The educational resources cover a vast range of topics.
They are also free to use, which is always a benefit to new binary options traders.
There are options designed for all kinds of tastes.
The resources available include videos and tutorials.
Some examples are below.
The Trading Patterns You Can Learn at IQ Option.
WARNING This article is not an investment advice.
Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
Examples of the binary options trading strategies that IQ Option offers are outlined in brief below.
This will help you decide where best to focus your time first.
Before going into those strategies, it is important to understand some basic tools of investing.
Japanese candlesticks If you have seen a chart that shows the price movement of an asset over time, you have probably seen a Japanese candlestick.
They show the movement of the price over a given day.
Once you learn how to read them, they are incredibly useful.
You get both the opening price and the closing price.
An asset that increases in price will have a green candle, and an asset that falls in price will have a red candle.
You can therefore see at a glance how far an asset s price has changed the bigger the change the bigger the candlestick and in what direction.
Trend lines Trend lines are depicted visually by a line above the price of an asset on a chart and another line below the price.
These two lines create what is known as a trending corridor.
They represent the typical upper and lower values that the asset usually fluctuates between, i.
when the price of the asset reaches the upper line, trends suggest that it will start to move down again.
The bottom line is called the support line, and the upper line is known as the resistance level.
Simply understanding these analysis tools and getting practice using them might help a trader understand an asset price movement better.
Let s now look at the main trading strategies you can learn at IQ Option.
The Three Black Crows Trading Pattern.
This material is not investment advise.
This is a pattern that looks for trend reversals.
To make it work you need to identify an asset that has several candlesticks in a row that are all showing a price movement in one direction either up or down.
Then you have to wait for this to reverse.
You will know this is happening when you see three falling price candlesticks in a row.
This is an indicator that the trend is reversing and gives you a signal that can be used to make a trade.
The Rebound Line Trading Pattern.
In this trading pattern, the price trend of the asset is not relevant.
Instead, you look at the trend lines mentioned above.
What you should look for specifically is a closing price the is just below the resistance level the upper line or just above the support level the lower line.
In this situation, it is much more likely the price will move away from the line than go through it, breaking the trend.
Therefore, you can use this as information to place a PUT trade if the price closes just before the resistance level and a CALL trade if the price closes just above the support level.
The Rainbow Trading Pattern.
This is a more complicated trading pattern, so it is probably best to get familiar and comfortable with the other options on this list before attempting this one.
It works by simultaneously using exponential averages.
There are three of them, all with different periods.
On the chart of your selected asset you have to mark in blue the first line you see with a period of six.
Mark in yellow the second line that has a period of 14, and mark in red the third line that has a period of 26.
To identify a potential drop in price, look out for.
The yellow line moving below the blue line The blue line on top of the other two The red line at the bottom.
The best time to place a binary options trade a PUT trade is when the blue and yellow lines intersect.
To identify a potential rise in price, look out for.
The red line on top followed by the yellow line and then the blue The red line on top of the other two The blue line at the bottom.
The best time to place a binary options trade a CALL trade is when the blue and yellow lines intersect.
The Piercing Line Candlestick Patter.
This trading pattern involves looking closely at the candlesticks on your chart.
Again, it is about identifying trend reversals.
To spot an upward trend that is about to reverse, look for two candlesticks where the second closes in the middle of the first one.
The candlestick that immediately follows the third candlestick in the row should be ascending.
If a fourth candlestick also shows a price increase, a trend reversal is probably imminent.
You can work this pattern the opposite direction to spot a downward trend that is about to reverse into an upward trend.
These potential price reversals are good information that you can use to place binary options trades.
The Pin Bar Trading Pattern.
The Pin Bar Trading Pattern is another example of a more complex and involved trading pattern to execute.
Therefore, it is usually used by traders who have built up some experience using other strategies.
It is an effective trading pattern so it is one you should explore when you feel comfortable.
The basic principle is to predict an asset s upward or downward trend.
You do this by analyzing the asset s pin bar candlesticks in particular, pin bar candlesticks with tails.
The specific type of pin bar candlestick that you should look for is one with a long tail and a small body.
The direction of the tail indicates which way the price might move as it demonstrates which way the market is moving.
This is a signal that you can use to place a binary options trade.
Not all pin bar candlesticks with tails are the same, and not all are suitable for this trading pattern.
Here are some additional criteria that you should apply to ensure you get a pin bar candlestick that generates an accurate trading signal.
Its open and close price should be close to the end of the previous bar This open and close price should be near the bottom or the top The open and close price of the pin bar candlestick should be inside the left bars.
The signal is regarded as strong when these conditions are met.
Usually, strong signals are an indicator that you should place a trade.
You now need to know whether the price of the asset is going up or down so you can place a winning trade.
If the tail of the pin bar candlestick points up, you can expect the price of the asset to go down in most situations.
The reverse happens as well.
If the tail of the pin bar candlestick points down you can expect the price of the asset to go up.
The Moving Averages Pattern.
In this pattern you develop indicators of moving averages.
This is done using the technical analysis tools available in the IQ Option.
It is an extremely popular trading pattern.
In fact, it is one of the most commonly used strategies by traders of all levels of ability.
They don t always use it in the same way, i.
traders of all levels of ability can successfully deploy simple and exponential moving averages.
Weightage and smooth moving averages, however, are usually only attempted by experienced traders who are deploying complex strategies.
Of the four options exponential, simple, smooth, and weightage simple and exponential strategies are also the easiest to calculate.
This makes it possible to create profitable strategies and place winning trades.
That said, exponential and simple moving averages are not exclusive to beginner traders.
They are also used in complex strategies to increase profit margins and win ratios, with the objective being to maximize the benefit of the breaking line and rebound line in the corridor.
The Alligator Pattern.
The IQ Option platform makes this pattern quite simple to execute and use successfully.
It is another one that is based on moving averages, but this time we are only interested in smooth moving averages.
It is theoretically possible to make the trading pattern work with exponential and smooth moving averages as well, but the IQ Option platform is optimized only for smooth moving averages.
The reason for this is that smooth moving averages are largely unaffected by insignificant fluctuations in the market.
This gives better information and, potentially, makes it more likely to place winning trades.
The smooth moving average that you will monitor will show the different moves of the asset within a defined time period.
The lines you see will show the price the asset is likely to reach within the time period.
Shocks to the asset or wider financial markets can affect this, but when that doesn t happen, the pattern is reasonably accurate.
The reason the trading pattern is called The Alligator Trading Pattern is that the candlesticks look like alligator teeth when it is time to place a trade.
If the candlestick opens upwards, you should place a CALL trade.
When the candlestick opens down, you should place a PUT trade.
If the candlesticks look any other way, you should not enter the market.
This is because it is too difficult to predict which way the price is going to move, i.
you won t know whether to place a CALL or a PUT trade.
The Breaking Line Trading Pattern.
This pattern is one of the simplest to understand and execute at IQ Options.
It is based on the support lines and resistance lines of an asset, as explained above.
These are the lines that indicate the upper and lower prices that an asset trades between.
If those lines are broken, it is an indicator that something else is going on in the market aside from normal price fluctuations.
It can, therefore, be a signal to place a binary options trade.
In simple terms, your trade should go with the direction of travel.
This means placing a CALL trade if the candlestick closes above the resistance line and a PUT trade if the candlestick closes below the support line.
This is because the price is likely to continue moving up if the asset breaches the resistance line, and it is likely to continue moving down if it goes through the support line.
This is a pattern that can be used regardless of how the price of the asset is trending overall.
The Bollinger Bands Trading Pattern.
This is a commonly used investment pattern that looks at the volume of trade on a particular asset to generate a signal of which way the price is likely to move.
In IQ Option, you use a chart that shows three lines or bands.
The middle band is the smooth moving average and will have around 20 candlesticks.
The bands widen and narrow depending on the volume of trade taking place on a particular asset.
When trading is heavy, the bands widen; and when trading is light, the bands narrow.
What you should look for is a rapid widening of the bands, as this can produce a signal that you may be able to use to place a trade.
As you can see, IQ Option offers trading strategies that vary in terms of type and sophistication.
This is one of the reasons that it is such a popular binary options trading platform.
It gives you all the tools you need to develop a trading pattern.
You can use the many analytic tools available all of which are free to improve your trading patterns and how you interpret price movements.
Getting an IQ Option Demo Account.
IQ Option does offer a demo account facility, so you can try the platform before risking any of your own money.
Signing up is easy.
You can even sign up using Facebook or Google.
Once registered, your demo account will become active.
It is free to use and includes 1,000 of virtual money that you can use to place virtual trades.
The money and trades are virtual, but they are exact replicas of the real cash trading platform.
This means you can use your demo account to develop, test, and refine trading strategies as well as work out whether or not you like the IQ Option platform.
This makes the IQ Option demo account ideal for anyone interested of binary options trading as the demo account can be used without depositing any real funds.
You can use a demo account to learn what binary options trading is about, get an understanding of the terms used, and learn more about the strategies that work.
Once you feel you are ready, you can convert your account to a real cash account by depositing money.
This will allow you to trade using real funds.
IQ Option Awards.
Since it first launched, IQ Option has received numerous awards in the binary options industry.
The most recent was an award for being the most reliable broker on the market, while another award was given to IQ Option for having the most innovative trading platform.
These awards are industry awards, so the judges include the most experienced and well-respected names in the industry.
In addition, IQ Option beat off stiff competition to collect the awards.
Other names that were up for these awards included Finpari and 24option.
They are all respected binary options brokers, but IQ Option beats them all.
US Traders and IQ Option.
If you are from the US, you will not be able to use the IQ Option.
This is unfortunate, as it is one of the best binary options brokers on the market.
It is also a further blow to the US-based trader who doesn t have as much trading platform choice as people from other parts of the world, particularly after SpotOption pulled out of the US market.
Binary options robot that still do accept US-based traders is FX-Advisor.
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.
IQ Option offers over 500 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.
There is enough variety of assets that any level trader should be able to find ones they are comfortable trading with.
Trading Platform.
IQ Option 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 many traders to say the least.
Placing Trades.
The well-designed trading platform makes it very easy to execute trades on the website.
The minimum investment is 1 and the maximum investment is 5000 dollars so it gives you and the other investors on the site a wide range of investment options you can use based on how confident you are in the trades you want to make and the amount of risk you want to go along with that.
All you need to do to place a trade is sign onto the website and go to the trading page.
From there you select the type of option you want to trade, the asset you want to trade with the option and the amount you want to invest.
All this can be quickly done with just a few simple mouse clicks; it is really that easy to place and execute a trade on IQ Option.
IQ Option s Binary Options Tournaments.
There has been a lot of mention about how innovative the IQ Option trading platform and offering is.
One of the best examples of this are the binary options tournaments they run the tournaments are subject to terms and conditions.
This is a unique feature to IQ Options and brings an element of fun and competition to binary options trading.
There is a serious side to them too though.
There is an entry fee to take part in the tournament, and they normally last about 30 minutes, so you don t have to allocate much time to get involved.
Your entry fee gets you a virtual tournament balance of 10,000.
You then have to get to work placing binary options trades.
The participant with the highest virtual tournament balance at the end gets the top prize.
Some of the prizes are variable, so they depend on the number of tournament participants there are, while other prizes are guaranteed.
The rules for each tournament can vary, but some give you the option of buying back in to the tournament if you lose your virtual tournament balance.
This buy-in typically costs the same as the initial entry fee and usually brings your virtual tournament balance back to 10,000 so you can start trading again.
The tournaments are an exciting new twist on binary options trading.
If you haven t tried one yet, you should give it a go.
In fact, we have seen prize funds worth 100 times the entry fee.
Trading Patterns for Tournaments.
The tournaments at IQ Option are exciting and fun, but they are also a competition that is there to be won, and there is real money up for grabs.
This presents an opportunity, particularly given the fact that many people involved in the tournaments do so without a clear pattern.
Here are some things you should remember.
Always go for the win Most tournaments have a number of prizes, although the value of each depends on where you end up on the leader board.
Therefore, it can be tempting to consolidate your position if you are in a lower place to ensure you get something.
However, this type of trading pattern limits your potential and means you may never get the top prize.
It is almost always significantly more valuable than the runners-up prizes, so you should always try to win even when you are in second place.
Take your time initially Don t jump straight into trading when the tournament starts, as you will be doing it blind.
You should first take a couple of minutes to learn how the other participants operate.
For example, are they aggressive or cautious.
Of course, don t let anyone build out too much of a lead too quickly, but observing in the initial minutes instead of trading will give you information you can use later to win.
Adapt your trading pattern as the tournament progresses By the tournament s mid-point, you should have a good idea of the approach of the other participants.
You will also know where you sit on the leader board.
This is the time you should start adapting your trading pattern to maximize your position.
For example, if the main competitors in the tournament are using a cautious trading pattern, you could try putting clear distance between you and them by being more aggressive.
If you are already the leader, you can start to consolidate your position without taking unnecessary risks.
If you are not the leader, you can work on strategies that keeps you as close to the leader as possible so you can make a final push for the win closer to the end.
Towards the end of the tournament, go for it if you are not winning If you have not had a good tournament and are low down on the leader board towards the end, don t lose hope.
If you still have a tournament balance, you still have a chance.
It is a time to throw caution to the wind and take a high risk high reward approach.
If you don t, you are going to lose anyway, so you might as well go for the win.
Analyze and measure Whether you win or lose, analyze your trading pattern when the tournament is over to identify areas for improvement.
You can then use what you learn the next time you participate.
Return on Investment.
What is the best thing no matter what binary options website you are using.
That is right, it s all about making profitable trades.
When you do make a successful trade you can receive up to 92 profit.
It is as easy to make deposits on IQ Option because of all the different forms you can pay your deposit.
They allow you to use such things as Credit or Debit Card Visa, Mastercard, Maestro , Skrill, Neteller, Boleto, Qiwi, WebMoney, iDeal, Fasapay, Sofort to quickly make a deposit and get you onto the website to start trading.
As was mentioned before the minimum deposit of 10 is extremely low compared to the rest of the binary options brokers, but often traders like to deposit much bigger amounts as well.
Making withdrawals is a very streamlined process also.
They will generally be processed in 1-3 business days and they can be done in many of the same forms as was used to make your deposit.
Keep in mind that in order to make a withdrawal the first time you will need to send scanned copies of your government issued ID, a scanned copy of a utility bill and a scanned copy of your signed credit card it is required to keep only the first 6 and the last 4 digits of the card s number visible and hide the CVV code if that is the withdrawal method you are using.
There are no fees or commissions for deposits or withdrawals made with bank cards or e-wallets.
The only commission is for withdrawals via bank transfer, which is 53.
Customer Service.
Customer support was very helpful and very good at resolving issues but we had some problems with the way the customer service was handled.
There is a phone as well as a live chat option for customer service and we were pleasantly surprised by this.
It meant there was no way to get an answer to a question or concern in what would be a timely manner.
There s an assigned account manager for VIP traders that can help you with any issues or concerns you have while using the site but they are not available 24 7 so at those times you may end up waiting for a response.
We feel that IQ Option is excellent here.
Is IQ Option a Scam.
IQ Option Ltd.
is based in Limassol, Cyprus, but has many satisfied customers all over the world, including in Europe, China, South America, and many other countries.
In fact, it is one of the most respected binary options brokers available.
It has not earned that reputation easily.
It has done it through innovation and by offering a trading platform that gives traders everything they need to execute trades and learn more about developing trading strategies.
This sort of innovation and development of the platform requires investment and commitment.
IQ Option has been rewarded for this investment and commitment, as it has received many awards.
These awards validate their position in the market and are an indicator of the quality of the platform.
The awards include the most innovative binary options trading platform in 2013 because of the tools it offers to traders.
Our investigations have discovered that IQ Option operates strict policies regarding payments, and they have robust rules around protecting personal data and ensuring your money is safe.
Trading Cryptocurrencies with the IQ Option Platform.
Traders using the platform have the ability to trade cryptocurrencies.
One out of 7 crypto currencies can be traded via CFD instruments.
The current crypto currencies which can be traded via the platform include.
Litecoin Bitcoin Ethereum Dash Bitcoin Cash IOTA Ripple NEO Stellar Qtum.
Our first impression of graph controls is that it does take some getting used to.
Perhaps the confusing part of the program is the way in which the move and zoom controls work.
We also thought that the analysis tools were very basic especially for someone who has a Forex background.
Though the indicators are the stars of the platform and are something, we recommend that you regularly use in conjunction with other technical tools.
The good thing about the program is that the withdrawal and deposit features are part of the primary interface.
If you look at the bottom of the interface, you will find a list of all the trades other users are entering into, and all of this information is in real time.
The data will help traders gauge the direction of the market even if it does not contribute to aggregate overall trader sentiment like the way SpotOption does with its platform.
There is also a mobile version of the platform mainly for users who need to trade while on the go.
We like the fact that the asset list is long, including currencies, indices, stocks, and assets, which amount to over 500 underlying assets.
Most traders will find all of these assets more than enough when it comes to helping them develop a more diversified portfolio which can withstand market volatility.
IQ Option adds Three new cryptocurrencies for trading.
The cryptocurrency world, unlike the fiat currency world, is continuously changing.
Each day sees vast shifts in value, trends and overall market share.
Plus, we continue to see the emergence of new cryptocurrencies.
Having said that IQ Option has added three new cryptocurrencies to their trading platform.
The currencies added are Qtum, Stellar, and NEO.
Trading NEO.
NEO for those who don t know happens to be the very first non-profit cryptocurrency that s based on the blockchain.
The currency originated in China.
It allows for you to arrange payments via digital assets and by using smart contracts similar to Ethereum and other currencies.
However, NEO shares other similarities with Ethereum too like they are both cryptocurrency projects that use open source technologies which makes them perfect for ICOs, smart contracts, and Dapps.
Since it is similar to Ethereum with perhaps one of the significant differences being its country of origin, it is often called.
Chinese Ethereum.
Tokens are NEO and GAS Assets happen to be protected by the law Support for various programming languages Transactions cost slightly higher than Ethereum Quick and simple transactions.
Stellar Trading.
Stellar is an open source, distributed hybrid blockchain which was created with the goal of facilitating the easy movement of finances.
This currency speeds up the process and makes it a lot cheaper.
The main advantages of Stellar Trading are.
It allows for cheap and fast transactions.
It offers better security than Bitcoin and Ethereum.
It has built-in ICO functionality which makes creating a token and adding participants to a whitelist an easy process.
The network can be used freely for commercially.
Funds can be frozen in the event of erroneous transactions after which they are sent back to the sender.
Qtum trading.
Qtum is one of the rare cryptocurrencies which combines the security of Bitcoin s blockchain with the ease of use and smart contracts abilities of Ethereum.
The platform gives users nearly unlimited opportunities to run a trusted decentralized network of applications.
New services can be introduced to reduce the gap which currently exists between the conventional business world and blockchain technology.
The system makes it very easy to verify payments.
It supports businesses with aspects of transfer of their traditional agreements via the use of smart contracts.
Smart contracts can be initiated via wallets.
The wallets can exist on any mobile device.
Safe and clear processes.
The cryptocurrency is compatible with all existing Bitcoin and Ethereum gateways.
Stop Loss SL and Take Profit TP.
IQ Option added Stop Loss SL and Take Profit TP to the Forex trading and Cryptocurrency trading options.
We consider Stop Loss and Take Profit to be two of the most significant new features to trade management system.
Both these features perform a similar function to the Technical Analysis tool, but with one difference, i.
, the SL is used before opening a position while the TP can use used handle everything that follows opening a trade.
The Take Profit is a feature which allows users to set a price or value at which the transaction will be completed automatically when reached.
The SL and TP are tools which can help to ensure that a certain trade price is reached.
The Stop Loss is used to minimize losses and not intended for taking a profit.
So, a trader can set the maximum loss they are willing to bear for a particular asset.
When the price drops to that level, it will execute an automated sell.
This ensures security for the trader and prevents extensive damage to their bankroll.
IQ Option s CFD and Forex Trading.
Now traders can use IQ Option to trade both CFDs and Forex as well as binary options.
The ability to trade both CFDs and Forex is an exceptionally powerful feature and a popular one at that too for traders who want to leverage the global markets to pad their risks.
Most people may find IQ Option s CFD trading to be a little tricky since it has stringent licensing regulations.
But it is this regulation which has helped create a healthy industry because traders can trust it to protect them.
The Forex trading feature is like exchanging currencies, i.
, one with the other.
While CFDs rely on the differences between the closing and strike price.
These are the same elements in binary options trading, and so most traders will be familiar with them.
IQ Option s forex broker uses the platform to help traders expand their existing portfolio in an entirely transparent and organized manner.
It is a feature that many newbie forex traders will find exceptionally useful.
Trading Forex CFDs via the IQ Option Platform.
If you go to the forex CFDs trading screen, you can set the strike price for assets you are interested in trading.
The buttons on the right will show you both buy and sell.
Right above the buttons, there is a box where you can enter in the amount you want to trade and the overall multiplier or the leverage.
IQ Option allows traders to leverage maximum 1 300, though it is set at 1 50 by default.
You can be sure that trading Forex CFDs on the platform is very simple.
Also, there is no way for you to have a negative balance which can often be caused by using leverage instruments.
So, in other words, IQ Option uses negative balance protection for CFDs traders.
Noted Drawbacks.
This is the type of site that traders from the USA and Japan would be thrilled to place trades on but unfortunately the citizens of those countries cannot trade on IQ Option; that is something that the site s management may want to work on in the future.
Key Features.
There is simply a whole lot to like about the IQ Option broker.
Their very low minimum deposit offers entry in to the binary option marketplace for just about anyone.
Knowing that the deposit funds are also stored separately from company s funds means that it is a fair and reputable site that can be trusted.
We also liked very much their innovative and forward thinking learning tools.
It is very unique that their highly helpful demo account acts as a stand-alone account instead of being part of the regular trading platform; this enables the tech team at IQ Option to put features into the demo that make it more closely resemble the actual trading on the real website.
The interactive learning tools are also very helpful.
It is really easy to see why IQ Option became so popular so fast.
We loved that they were courageous and innovative enough to build their own web platform for their many users to trade on.
We also give high marks to any site that is confident enough in their business practices to allow regulation.
They back everything up with outstanding customer support and the high marks that get on reviews like this show their commitment to help those that trade with them be successful and leave them with a positive trading experience.
Simply put, we give this binary option broker a big thumbs up and would recommend all traders to give them a try.
To indicate IQ Option won us over and impressed us a whole lot would be making a big understatement to say the least.
Open a Free Demo Account by Clicking the Green Button Below.
Additional information.
Customer Service Email email protected and 24 7 online chat phone line Support Languages English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Arabic, Hindi Trading Options High Low, 60 second and others Assets Currency Pairs, Stocks, Indices, Commodities Early close Yes Expiry Times 60 second, 2minutes, 5minutes, 15 minutes, 1 hour and End of Day Deposits and Withdrawals Credit Card, Wire Transfer, Skrill, Neteller, Boleto, Qiwi, WebMoney, iDeal, Fasapay, Sofort Withdrawal Time 1 working day Demo account Yes, free of charge, no time limit Number of assets 500 Trading Platform Web-browser, standalone app.
References and Further Reading.
Automated trading system in an electronic trading exchange John M.
Marynowski, Catalin D.
Voinescu, Stefan Puscasu, Thomas M.
O Donnell 2007.
Electronic trading for principal broker trading Andrew C.
Gilbert, Andrew Stergiopoulos, William P.
Tselepis 2013.
Author Recent Posts.
John Miller is the main author of content here at 7 Binary Options.
He s also the brand s lead investment consultant.
He s been working for 7 Binary Options since April 2014 and brings a wealth of knowledge and experience to his role.
He s played a crucial part in developing the site and helping it grow.
In his role as writer and consultant, John s keen to help others get ahead in the ever-changing world of binary options and forex trading.
He s always happy to advise others, whether it s complete beginners learning the ropes or more experienced traders looking for some hints and tips.
John certainly knows what he s talking about.
He graduated from California State University in 2008 with a Master s Degree in Investments and Securities.
Since entering the world of work, he s continued to put his degree to use.
He s spent over a decade working in the investment banking sector and thanks to his foresight, skills and education, he s in a prime position to offer help to others looking to start investing.
Interview of Daria Glazko from IQ Option - July 20, 2016 IQoption Adds New Deposit Feature and Forms New Partnership - July 5, 2016 How Binary Options Changed My Life and Got Me Out of Debt - June 7, 2016.
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48 comments.
Hi, I want someone can explain me the easiest way that I can join and invest through this, please.
Press that open account button and you will be at IQ Option page.
Then fill your contact info and make a deposit.
Then you are ready to go.
Great review, thanks John.
I agree you, IQ Option is the best regulated broker i have trade with.
I wonder why other brokers don t lower their minimum deposit amount like IQ Option.
Lower is better.
Maybe they can t afford to charge such low prices.
I think they can only do it if they have many clients.
They really should.
I was wondering about exactly the same thing while reading this.
I m from India can I open IQ option from India.
How can i send my id proff to iq option for withdrawal system.
actully i already withdraw 3 but they did not ask me for any verification docs.
plz explain me.
I have registered four days ago with IQoption with demo account.
For now everything is going ok.
what I am afraid of is the changing when I turn to a real account.
So I want to make sure that there is no different between demo and real account.
Any answer from people who tried that.
Can you give me quick review of IQ Option.
I am new to this and trying to research which broker is best to deal with.
I think that you generally recommend finpair and 24option.
Their payout seems to be less than IQ option.
Did any of you try this.
It looks quite ok and the demo is fine too.
I searched for reviews but didn t find anything negative.
Can anyone help.
I forgot my password and i have tried selecting forgot password option but i didn t get any recovery option.
Plzz help me out.
Sometimes you just feel like giving up, and I definitely felt that once, but I m here to tell you DO NO GIVE UP.
Whenever you feel that way, it s a sign that you re close to your big win.
I have been trading binary option for a few years now.
Has not been easy though until I found this website that has helped me achieve my goals and dreams.
You are so right.
It s just so stupid how after a few bad trades some people just give up and blame the industry.
If you really not willing to try and gain some experience and have some patience, what do you expect.
I myself have been in this industry for a few years and can confirm it s totally possible to succeed.
Should I better trade on a demo account using different strategies and see what I like and am successful with.
Or should I focus on one currency pair or just the forex market or stock and no indices and commodities.
I also realized that it is a bit too boring to look at even 5-minute candlesticks since they update so slowly.
So I was wondering how do u make it more exciting.
If I watch more than 5 charts at the same time it is also a bit hard to multitask.
Any thoughts.
Hi Which signals can I use to best trade at IQ option.
Hi guys, happy someone did such a comprehensive review.
Hasanyone any experience with IQ Options.
The platform looks slick and the FAQ look really good as well, i.
CySec regulated; min deposit 10 ; min trade 1 ; payout up to 92 ; 11 currency pairs; Reuters feed.
They also say that they have tournaments where you can compete with a small cash pool.
Too good to be true.
Did anyone try this.
Hi John I am from Ethiopia and also my job is seaman is it possible for me trade with IQ Option.
It is truly a great and useful piece of info.
I m glad that you just shared this helpful information with us.
Please stay us informed like this.
Thank you for sharing.
Hi everyone.
I already tried iq option with the demoguidance account and the best thing is I make 13000 in just 3hours of predicting.
Right now I am now making my final decision on what should I do.
My name is Bernard in I live in Pittsburgh am I allowed to open an account.
I m from Sri Lanka.
I ve done withdrawals to my bank account as well as Neteller.
Highly recommend.
Hello sir i want to start this type of business can u help me how to start in india.
who one person cn i contect to support me.
plz reply me fast.
Why aren t you guys in the U.
how can I send money to IQ options from Kenya.
It is genuinely an extraordinary and helpful bit of data.
This blog is very interesting, unique and helpful binary.
I read this blog and provide additional information about IQ.
iqoption is been a great broker, I make AT LEAST of 12500 weekly from binary options payout directly into Bitcoin wallet.
IQ options is a real breath of fresh air.
I have tried some other scam brokers in the early stage and although i got my funds back, it was still a distressing experience.
so, IQ options is really a great platform.
I am really happy with IQ Options, they are really on of the best option and FX brokers out there.
I really like how small the fees are, and how fast the transactions get through.
I also think they have one of the best clearing services out there.
I mostly use IQOptions for Forex trading, and it works really well.
The platform is quick and snappy, and I ve never had any problems with it.
Overall, I am quite happy with the service provided.
I am overall very pleased with IQ Options, they have always the best website around in the forex industry, and I have never had a problem with them.
The forex options are my best friends when it comes to investing.
I learned about IQ Options from here only a few weeks ago, and oh boy am I happy I did.
IQ Options has been great, and Ive made 20 profits over that time.
Not very impressive, but its mine.
I recommend IQ Options if you are looking for a trading platform.
They have been great to me and have never let me down.
I wish more people were recommending this website, so others stop signing up with scams.
I love Iqoption, and I am mostly impressed about their learning and tutorial tools.
If you are not a expert at trading, then they have many great ways to teach you, and you can even use their demo tool to get better.
I ve had quite a good time at this broker.
The fees are the lowest I ve seen, and the commissions are quite reasonable.
I am overall very happy about it.
The website is also very fast and snappy, so there are no complaints from me.
Man, as everyone knows, this past week hasnt been good for traders.
Still, I m glad, Im using IQ Options, it would be real easy to scam people at a time like this, and so far I am very happy with them.
Not like they can do anything about the market crash.
IQ Option is pretty good, I ve been using it a lot lately what with staying at home, and so far its going pretty well.
I am never going back to other trading websites.
Overall, I really like this trading platform.
It works out great for us and has never caused any trouble.
The website is lightning fast and I have never noticed any lag.
I will keep using it for the foreseeable future.
IQ Options offers one of the best investment services I have seen.
All the fees and commissions are either very reasonable, or non existant.
I would recommend it definitely.
If you re someone who likes trading forex and ETFs, then IQ Options is the place for you.
It s been a while since I tried it, but I have very fond memories of them treating me very fairly.
Hello, do you know if you still recommend this broker.
I am looking for new place to play at.
I am a big fan on IQ Options, they have a good leverage system, and I have never had any problems withdrawing my funds.
With all the terrible websites in the trading industry, its nice to have a place like IQ to fall back on.
Do you think this is the best broker.
I need a new one since my previous one turned out to be a big fat scam Hopefully I have a better luck with IQ than with previous site.
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