IQ Option Is a Scam? Full Review

 IQ Option Binary Option Trusted Broker Review is a binary options brokerage firm which is EU-regulated by CySEC since 30/07/2014 under license no. 247/14. Except for being regulated, here are some of the benefits you will get if you sign up with IQ Option:

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  • They offer a very low deposit requirement ($10).
  • Minimum trade size is $1.
  • Payouts: Up to 91%.
  • A FREE UNLIMITED DEMO account is available. You can sign up and trade without making a deposit.
  • Free education and strategy section.
  • They host exciting trading tournaments. One of my fellow traders was having financial difficulties. After a few days of not hearing from him, this is the message he sent me: “My problem is solved with the help of binary options. I won in the tournament in binary option and got 1896$ by achieving third place using the breakout strategy and the martingale strategy..”
  • More than 10 strategies that will teach you how to become a professional trader.
  • Buyback feature can be used to cancel a trade and get a compensation.
  • You may deposit and withdraw using credit and debit cards, wire transfers, Neteller, CashU, Skrill, WebMoney, Poli and Qiwi.
  • Available expiries: 60 sec, 15 min, 30 min, 1 hour, and many more!IQOption
  • Mobile apps for iPhone, iPad and Android
IQ Option Trading Platform
IQ Option’s Platform

IQ Option’s Regulation and Reputation

To make a long story short: this operator has everything going for it. For years, they’ve dominated the binary option scene, thanks to the near-perfect feature package they put together. There was just one shortcoming many traders used to point out: the site did not work with auto-traders or any third-party trading robots. Had it not been for this “issue,” IQoption may well have gobbled up the lion’s share of the global binary option market.

This “issue” of theirs is much more intricate though. It could never have been solved by the opening up of the platform to auto trading. Everyone involved with binary options knows that the vast majority of auto traders are scams. They are associated with various brokers of a dubious moral compass, most of whom aren’t licensed to begin with. A company of IQoption’s stature would never get involved in such shady activities.

Testimonials from real traders

Please let me know if you have any experience with IQ Option and I’ll include your testimonial in this review.

“Also if you have any information about iqoption as binary options broker. I am testing it and has really a very good trading plattform, indeed, the best one I have seen, with very a big surface, can display tradings in form either of ticks or of candles up to one minute, some indicators can be used too, trend lines the trading plattform can be used in demo account even without having to first deposit any money and a real account can also be opened beginning with 10 euro and trades can be individuallöy selected beginning with 1 euro. They sit in London and they say they are regulated. Offer both 60 second trades and binary options.”

“I have received a call from IQ Option by a gentleman who is providing me with assistance in the matter. I am genuinely blown away by this customer service. I have received my deposit back from IQ Option to my card and the Bankwire transfer currently being processed. The truth is that I should have been a bit more patient with them as they do seem to be doing exactly as promised and for this I am grateful.”


IQ Option Review Conclusion

If you’re serious about binary options trading, get yourself an account with IQ Option if you don’t already have one. At first you can sign up for the free demo account.

We recommend joining our Facebook signals group. The IQ Option platform is fully compatible with our signals. Our signal providers have documented success rates of up to 90%. While trading with a demo, feel free to experiment and learn, but when using a real money account, you need to make sure you’re doing it right, so feel free to contact us if you need assistance. You may leave a comment below this review.

Broker name IQ Option
Launched in founded in 2013
Website URL
Trading platform/app Proprietary
Trader demographics All countries, except USA, Canada, Australia, Belgium, Japan, Russia, Turkey, Israel, Syria, Sudan and Iran. Users from Malta cannot use their iOS mobile application. The Android app is unavailable in Malta, Myanmar, Liechtenstein and Cuba.
24/7 Support English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Arabic, Indonesian
Regulation CySEC
Minimum Deposit $10
Minimum Trade $1
Maximum Trade $5,000
Deposit/withdrawal methods Credit Card, Wire Transfer, Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller, Boleto
Withdrawal Up to 3 working days
Assets 100+ Currency pairs, stocks, indices and commodities
Mobile App iOS/Android


IQ Option FAQ

Got any questions about IQ Option? You’re welcome to contact me.

What documents do I have to send in order to verify my account?

You will need to send scanned copies of a government issued ID, a utility bill and a copy of your signed credit card if that is the withdrawal method you are using (hide the credit number, obviously).

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