The exchange intermediary IQ Option provides the opportunity to trade stocks, currency pairs and digital coins. The official website says that the company is regulated by the CySEC Commission and has the appropriate license. It is committed to providing quality service to every registered customer, but does the company deliver on its promises? In today’s article, we will tell you what the office actually does. Having received reliable information, a market player will be able to make the right decision on cooperation.
What does the brokerage offer?
The broker appeared in 2013 and has been actively developing over the years. By 2020, the number of registered customers has exceeded 7 million. About 21,000 transactions are carried out per day, fast processing of requests allows you to make any transactions within a few seconds. Experienced consultants respond via chats and emails, providing qualified support.
The exchange intermediary offers traders to use the news feed, economic calendars and video tutorials. On the site iqoption.com you can find a blog that publishes all the most important events. A beginner will get acquainted with the basics of margin trading, he will be able to learn from the experience of specialists in personal communication with consultants.
A registered client gets free access to 32 currency pairs, popular stocks, crypto coins and commodities. He can use leverage at a ratio of 1:5, increasing the initial capital. The minimum deposit is only 1 euro, and therefore literally everyone can start on the platform. Replenishment and withdrawal of funds is carried out using plastic cards, bank transfers or payment services. Before the start of market trading, it is necessary to check the reliability of the brokerage project. There are many scammers on the international market that you should stay away from.
Trading platform functionality
The client is offered to use the extended terminal. The system can be easily downloaded to a tablet, personal computer or mobile phone. The exchange player receives a multigraphic layout, technical analysis, historical quotes and much more. The system contains all the functionality necessary for efficient market trading.
Among the features of the IQ Option platform are:
- Analysis and alerts. The client gains free access to fundamental and technical research. He can view up-to-date news reports and economic calendar data. The investor gets at his disposal more than 100 of the most popular indicators and widgets. Thus, he will always stay up to date with current events.
- Management of risks. The company provides a wide range of features such as stop loss, take profit and negative balance protection. With the help of special tools, the market player will control losses, fixing them at predetermined levels.
- Trading community. A market player can enter a social network and communicate with like-minded people. He will discuss his trading ideas, follow the actions of other traders and learn from valuable experience. The client gets access to wide functionality, he will be able to view the mood of other traders, track transactions in real time.
You can download the brokerage platform immediately after registering in the system. The client gets a rich functionality at his disposal. He can make deals on different marketplaces, trading both standard currency pairs and rare cryptographic assets. At the same time, the investor should not make hasty decisions. Before registering in the system, you need to check the honesty of the broker. If the company was suspected of fraud, then it is better to refuse to cooperate with it.
Earning prospects with IQ Option
The exchange intermediary has a very bad reputation. He is often accused of fraud, theft of funds, refusal to pay. Clients talk about poor technical support, terminal freezes. At the same time, it is worth noting that IQ Option brand employees respond to all claims and try to understand the current situation. Given the abundance of negative reviews, we cannot recommend cooperation with the project.