IQoption Review

Founded in 2013, IQ Option has experienced significant and rapid growth. In its early days in 2014, the broker had fewer than 1 million users. However, by 2020, the number of registered users had skyrocketed to over 40 million. This substantial increase was accompanied by an astounding 800% rise in trade volume, culminating in an impressive monthly trade volume of $290 million in 2020. Moreover, traders withdrew a total of $20.375 million from the platform during the same year.

Is IQoption for me?

IQ Option caters well to traders with moderate to advanced experience levels, especially those seeking a broker with a proprietary platform. The video tutorials serve as valuable educational tools; however, the other educational resources are not extensive. Therefore, having some basic trading knowledge before signing up with this broker is advisable.

If you’re interested in a broker with a wide selection of cryptocurrencies, IQ Option stands out as a highlight in that regard. As long as you don’t require MetaTrader, exploring IQ Option is worthwhile if you belong to the aforementioned categories.

Pros / Cons
  • over 300 tradable assets
  • Global Market Leader
  • Tight Spreads
  • Traders from certain jurisdictions are not accepted
  • Live chat feature is not available
  • Market Maker Broker

Key Features of IQ Option

  1. Fast-Growing Brand: IQ Option stands as one of the world’s fastest-growing online trading companies, having established its presence in the industry for nearly a decade. With approximately forty million members, this broker has made a significant impact.
  2. Video Tutorials: IQ Option provides its traders with valuable educational resources, including video tutorials covering a range of topics such as basic information, margin trading, fundamental analysis, CFD trading, technical analysis, as well as insights into the company and its history.
  3. Stock Collections: Traders can access diverse collections of stocks conveniently bundled together by IQ Option. These collections encompass various sectors like IT & Internet Blue Chips, Big Game of Money, 10 Dividend Kings, 10 Largest U.S. Companies, Warren Buffett’s favorites, and more, allowing for potential lucrative opportunities.
  4. Access to Historical Quotes: IQ Option offers access to historical quotes on financial instruments like currency pairs, enabling traders to download this data and utilize it for testing and applying different analyses and strategies.
  5. Tournaments: IQ Option occasionally hosts online trading tournaments, adding a competitive element to the trading experience and providing participants with the chance to showcase their skills.
  6. Cryptocurrency Trading: As a reputable crypto broker, IQ Option offers a wide range of digital assets, including major and minor cryptocurrencies. This diverse selection caters to traders seeking decentralized and potentially volatile currency options.
  7. Customer Support: IQ Option offers around-the-clock customer support in over a dozen languages, surpassing the hours of availability and multilingual capabilities of many other brokers in the industry.

Customer Support

IQoption provides customer services 24/7. Along with this, live chat support is also available.

up to 100%
no Deposit Bonus

Established in 2013, IQ Option has garnered a highly favorable reputation worldwide, particularly in Latin America. It has emerged as an absolute winner in Brazil and ranks among the Top-5 winners in both Latin America and Asia. IQ Option stands out as a broker with a formidable advantage in this sector.

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