Overall Ranking: 7/10
Price: $10 min deposit – Free demo account
Owners: IQ Option Europe LTD
This will be the third binary option review the other two being exposed as scams.
Clearly not all binary option platforms are scams and before I get into this review I have to say that IQ Options is not a scam and serious money can be made trading on this platform but you can also lose your money.
Unlike Fintech and The Brit Method, Iq Options do not boast of huge successes or advertise how much can earned in 5 minutes and the like. In fact there marketing is very low key and no fake customer testimonials.
IQ Option is operated by IQ Option Europe LTD, registration Number HE327751 and located in Silver House Business Centre, 19 Spyros Kyprianou Avenue, 3070 Limassol, Cyprus and regulated by CySEC, license number 247/14. The address for the company office is at Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus
The fact that the company is registered with a financial authority is a plus because the requirements for registration are very tough.
The access to a free demo account is a great addition and allows you to practice and get used to the software.
- Registered with a recognised financial body
- Free Demo Account
- Low deposit
- Large sums can be built up and taken
- 76 different markets to trade with charts for them all.
- Regular competitions
- You may lose your money.
- There can sometimes be a time delay from placing trade to it being placed
- This is a risk based option for making money at home.
- Unfortunately no USA customers are allowed.
WHO IT IS FOR
This is for any one that likes the buzz of gambling or trading.
Although it is not gambling it has the thrill of gambling.
- Free demo account to allow you to practice before you trade for real.
- Free charts to help making decisions.
- Community chat with other traders
Free to use demo account where you get $1000 to trade, which it can be restarted as many times as you like.
To trade for real the minimum deposit by debit, credit card is $10.
Binary option trading is a fast growing area to make lots of money from home.
You can watch real trades taking place on YouTube to see the huge sums that being made.
If this is a route for you I would recommend Iq Options because they are a registered platform, they have everything you need on their site to place educated trades. The low deposit option is a plus and people have turned the $10 into thousands.
Any form of trading runs the risk of losing your money so this is not a sure way of earning and income.
Iq Option Rating: 7/10…Not a Scam!
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