IQ Option is one of the fastest growing online trading brands in the world.
IQ Option for Beginners
IQ Option enables customers to trade a variety of financial instruments and assets such as Binary Options, Stocks, Forex and of course Cryptocurrencies.
Created by the best programmers and analysts in 2013, it has an excellent delivery style and a lot of opportunities that steadily attract new users to it today. The number of registrations increases by the day, and currently stands at more than 41 million authorized users across the globe.
This is the unopposed indication of the iq options platform, as well as the fact that the service is among the top ten best option brokers around the world. Should you be interested in trading for a long time or as a career and have tried a lot of options and platforms, but seems disappointed, then, IQ Option for Beginners is for you.
IQ Option is also based in Cyprus and regulated in the EU by the Cyprus Securities and Exchange Commission (CySec), the company is fully compliant with the legislation put forward by the commission and fully authorized to sell their products to clients in a number of jurisdictions.
|IQOption at a glance|
|Minium Initial Deposit||$10|
|Demo Account||Yes ($10,000 Virtual Fund for Practice)|
|Asset Coverage||CFDs, ETFs, Forex, Cryptocurrency, Stocks, Indices, Commodities|
|Leverage||30:1 Retail Traders || 1000:1 Professional Traders|
|Trading Platforms||Proprietary Web, Mobile App (iOS, Android, and Windows|
Deposits and Withdrawals
|Credit Card || Wire transfer || Skrill || Neteller || WebMoney || AstroPay || PerfectMoney|
|Countries Not Accepted||United States, Japan, Israel, Turkey, Belgium, Russian Federation, Australia, Canada, Germany, Italy, Netherlands, Romania, Spain, Poland.|
Range of IQOption Offers
IQ Option is a comprehensive trading platform that provides its users with a wealth of alternatives, and after starting out as a binary options broker, IQ Option for Beginners now allows customers to trade Contracts for Difference (CFDs) on stocks, Cryptocurrencies, Exchange Traded Funds (ETFs), Forex, and a range of various digital options.
- CFD on Stocks – IQ Option allows users to trade CFDs on stocks from over 176 different companies, including the most successful businesses listed on the NASDAQ and NYSE.
- Cryptocurrencies – Users can also trade 12 of the top cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, Monero, Zcash, Omisego, IOTA, and Dash.
- ETFs – EFT trading is a relatively new product, and ETFs work by tracking commodities, indices and baskets of assets. These can be traded in the same way as common stocks, and traders can choose from approximately 4288 different ETFs.
- Forex – FX trading, or Forex, is an extremely popular trading market and IQ Option provides access to around 188 currency trading pairs. This allows users to trade their favourite foreign currencies with ease.
- Options – Users can speculate on the price of a number of different assets, which include currencies, stocks, indices and commodities. The platform currently provides a gateway to over 10 million options.
Does IQOption have a Demo Account?
Compared to several competitors, IQ Option offers a demo account. However, IQ Option’s demo account is very unique. It’s worth knowing that there is no limit on how long you can use the demo account. That allows you to become conversant and comfortable with your trading techniques. It also gives the benefit of testing new trading strategies and techniques in the future.
IQ Option for Beginners
The IQ Option demo account includes $10,000 in virtual funds. If you use all of those virtual funds, you can easily have the amount replenished, allowing you to continue practicing your trading techniques.
Another awesome element of the demo account is the fact that you do not need to provide personal information before using it. This is not always the case with competitors. The lack of personal information required for a demo account helps potential clients protect their privacy.
How to deposit in IQOption
IQ Option offers convenient ways to deposit and withdraw funds: a variety of electronic payment systems, bank cards and wire transfer options. IQ Option does not charge any fee(s) for depositing funds.
Many different services offers initial deposit of $ 250, which is inaccessible to many. IQ Option requires a low minimum deposit and new traders can start off by just depositing $10 in order to gain access to a live or real account.
Users can currently use debit services such as Maestro and Visa Electron, or credit cards like Visa and Master Card. Customers can also use a host of payments processors such as Skrill, WebMoney, Cash U, Neteller and Moneybookers.
As of the time of writing, IQ Option still does not allow for deposits via PayPal. However, the platform is working to make this an option.
Types of Account on IQ Option
- Real Account.
This can be accessed with the $10 minimum investment and there are no restrictions on trading functionality. This account provides access to over 70 assets and users can request withdrawals that are processed within 24 hours. Real account holders can also take part in various trading competitions held on the platform ( customers outside of the EU ).
- VIP Account.
This is available to traders who:
– Makes a deposit of $3000 into his/her real IQ trading account. You can also qualify for the VIP account over a period of time when your deposits into IQ Option has crossed the $3000 mark even if you made smaller deposits, an equivalent amount in other currencies, or have a trading volume of $15000. “IQ Option Ltd. provides VIP status for traders from non-EEA countries”.
– In addition to the features found on the real account, the VIP account also includes a personal manager who is always ready to assist traders with any queries and issues. The VIP account also comes with a monthly report on user trading records, which is performed by the platform’s analysts and gives customers valuable feedback on their performance.
– Higher profit margins: IQ Option VIP account holders on average achieve more than 3% higher profit margin than regular trading account holders. This is because the IQ Option’s VIP gives a higher return on successful trades. (e.g. a successful USD/EUR forex pair trade for example earns 3% more for a VIP account holder vs. a regular account holder).
– Free entry for tournaments: Having an IQ Option VIP account in India for example account lets you partake in regular trading tournaments without having to pay any fees. Typical tournament fees range from USD 20 to USD 50. This could save you hundreds of dollars in the long run and allow you to take part in exciting tournaments that features some very attractive prices.
How to withdraw in IQOption
How do I withdraw money?
Your withdrawal method will depend on the deposit method.
If you use an e-wallet to deposit, you will only be able to withdraw to the same e-wallet account. In order to withdraw funds, make a withdrawal request on the withdrawal page.
Withdrawal requests are processed by IQ Option within 3 business days. Conditions may vary depending on location. Please get in touch with Support for precise instruction.
If you withdraw to a bank card, a payment system and your bank require additional time to process this transaction.
Conditions may vary depending on location. Please get in touch with Support for precise instruction.
What are the minimum and maximum withdrawal amounts?
IQ Option has restrictions regards minimum withdrawal amount -starting from $2, you can withdraw your funds on their withdrawal page. To withdraw an amount less than $2, you will need to contact their support Team for assistance. IQ Option specialists will provide you with the possible scenarios.
How long does it take to process the withdrawal?
For every withdrawal request, IQ Option specialists need some time to check everything and approve the request. This is usually no more than 3 days.
IQ Option needs to make sure that the person who makes a request is real, so that nobody else can access your money.
It’s a necessity for the security of your funds, along with the verification procedures.
After that, there is a special procedure when you withdraw to a bank card.
You can only withdraw to your bank card the total amount deposited from your bank card within the last 90 days.
IQ Option sends you the money within the same 3 days, but your bank needs some more time to complete the transaction (to be more precise, the cancellation of your payments to them).
Alternatively, you can withdraw all your profits to an e-wallet (like Skrill, Neteller, or WebMoney) without any limits, and get your money within 24 hours after IQ Option complete your withdrawal request. This is the fastest way to get your money.
Required documents to make a withdrawal on IQ Option?
You need to verify your identity in order to withdraw funds. Account verification is necessary in order to prevent fraudulent financial transactions on the account.
To pass the verification process, you will be kindly asked to upload your documents on the platform using the links given below:
1) A photo of your ID (passport, driver’s license, national ID card, residence permit, refugee identity certificate, refugee travel passport, voter ID) here. You can use IQ Option video tutorials for more details.
2) If you used a bank card for depositing money, you are to upload a copy of both sides of your card (or cards if you used more than one to deposit) here. Please remember to hide your CVV number and keep visible the first 6 and the last 4 digits of your card number only. Please make sure that your card is signed.
If you use an e-wallet to deposit funds, you need to send IQ Option a scan of your ID only.
All the documents will be verified within 3 business days after you make a withdrawal request.
The time when you receive the payment depends on the bank, the payment system or the e-wallet system. It is approximately 1 day for e-wallets and usually up to 15 calendar days for banks. The withdrawal time could be increased by the payment system or your bank and IQ Option has no influence on it.
Is IQOption a Scam? Comments and Reviews
IQ Option is a legit broker and one of the mostreputable companies in the industry. Their intuitive trading platform is the best around and we highly recommend IQ Option to traders of all experience levels, beginner to advanced.
No one can deny the sparkling reputation IQ Option has built throughout the years as one of the best only brokers. IQ Option is an award-winning broker that is fully regulated, transparent and prioritizes trader’s safety above all else. They are considered one of the top and safest brokers for users in Nigeria.
While carrying out this review and researching other people’s opinions online, we found a number of complaints from people calling the site a scam. Some reasons mentioned are that they disabled a person’s account which didn’t allow them to withdraw their balance and a lot of disgruntled people who seem to have lost money trading on the platform.
But we also found overwhelming number of positive comments about the company which seems to point that the few who have had problems with them are the more vocal people online.
In our view there is absolutely no way this company can be considered a scam, the company is a tightly regulated business with a high revenue turnover, official business premises and high quality website and trading software.
- Demo Account of $10,000 is allotted to become a pro player.
- High return up to 92%
- Iq option is one of the Trusted and safest platforms.
- The deposit and withdrawal process with Olymp trade is damn easy
- They offer numerous tools, guides, webinars to teach newbie regarding the trading.
- 4.3 google Play rating
- It is to be noted that trading in any field binary, crypto anywhere is a bit riskier. But once you pro you can control the risk.
- Platform might not be suitable for slow/old computers
It should be noted that trading in any field binary, crypto anywhere is a bit riskier. But once you pro, you can control the risk.
You can also check this out on Quora.
IQOption Affiliate Program
If you think that the only way to earn money from trading brokers is by active trading, then, you are in for a big surprise. Many of these trading brokers actually have affiliate programs that allow you to make money as you sleep.
Affiliate marketing is when you promote other companies’ products. When someone buys through your affiliate link, you get a commission.
As an affiliate, you’re a salesperson for the company. You help to make a sale, the company rewards you. Affiliate marketing is the process of earning income every time you promote someone elses products or services. If you generate a sale for the company, you get paid. If you don’t generate a sale, you do not get paid.
Rated the best among these affiliate programs is IQ Option affiliate program. Just go to where two or three experienced traders are gathered and you will hear its name pop out somewhere.
Your rewards arrive when the users you encourage to sign up start trading on IQ Option. Based on the trading activity of the client, you can earn as much as 70 percent of the broker’s profit. This continues for life, allowing for passive income opportunities.
The earnings are paid out two times every month, and you can choose your preferred payment method. They make their payments twice a month, on 15th and 30th. For you to, however, have this feature made available to you, you need to have your account verified and at least 10 active traders by your side.
To date, IQ Option has 137,368 affiliates in more than 145 countries. As at the time of this writing, IQ Option affiliates had already earned $4.4mn per month. You can view up-to-date figures on the countries, customers, affiliates, and amount earned by affiliates for the day on the IQ Option affiliate page.
Benefits of becoming an Affiliate with IQ Option
- Commissions for a lifetime.
- Withdrawals /payments twice a month.
- Possible commission earnings of up to 50% (easily the best offer in the binary industry).
- Free marketing resources at your fingertips.
How often will I get payments?
Payments are made automatically twice a month:
- For the first half of the month – within 3 business days after the 15th of each month.
- For the second half of the month – within the first 3 business days of the next month.
Once the monthly commission exceeds $2000, an affiliate gets the opportunity to receive payments by request. The number of requests is unlimited.
Which sources can I use to attract clients?
There are a lot of different traffic sources that can be profitable. IQ Option affiliates make use of their own websites, blogs, mobile apps, work with SEO, email newsletters, videos, bloggers, contextual ads (Google Ads, Bing, Yahoo), display and PPC ad networks, advertise the affiliate program to potential affiliates, as well as attract users offline.
NOTE: 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.
In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.
GENERAL RISK WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
83% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Frequently Asked Questions IQ Option for Beginners
Does IQ option give real money?
IQ Option is a European financial services company offering trading products and assistance including Contracts for Difference (CFDs) and other complex financial products. … Millions of traders will not trust their investment using the IQ Option platform if they are not making money through it.
How long does it take to withdraw money from IQ option?
It takes 24 hours for IQ Option to process your withdrawal but the time of payment depends on the bank or the e-wallet system (around 1 day for the e-wallets and up to 7-9 days for the banks).
You can fund or withdraw through Credit Card, Wire transfer, Skrill, Neteller, WebMoney, AstroPay, PerfectMoney
Which is better IQ option vs Olymp trade?
IQ Option has more variety of assets to trade with though. IQ Option offers 90% profit on the staked amount, while Olymp trade of 80% for traders in the standard account. This makes IQ Option a better option too. In regard to which one is betterfor whom, both are great for both beginners and veterans.
How does IQ option affiliate work?
IQ Option Affiliate is excellent for the cash. They pay their members in the every month. They pay twice a month. … Active traders mean the traders who are trading inIQ option through your affiliate link.
How much money can I withdraw from IQ option?
What are the minimum and maximum withdrawal amounts? We have no restrictions as to the minimum withdrawal amount — starting from $2, you can withdraw your funds on the following page: iqoption.com/withdrawal. To withdraw an amount less than $2, you will need to contact their Support Team for assistance.