On this IQ Option assessment, we’re going to try one in all of Europe’s largest CFD brokers.
This assessment gives you every thing you could know concerning the IQ Option platform and whether or not it’s the dealer it is best to take into account. We additionally arrange a dwell buying and selling account which can give us first-hand expertise of the dealer from the attitude of a shopper.
- Shopper Funds Security
- Asset Protection
- Buying and selling Devices
- Funding / Withdrawal IQ Option
- Buyer Help
- Jurisdictions & Languages
- Demo Account
- Dwell Accounts
- Possibility Buying and selling
- Advertising Materials
- Buyer Complaints
- Is IQ Option the Dealer for Me?
Let’s dive proper in and put the dealer by their paces…
That is most likely one of the vital necessary questions for any dealer that begins on a platform. Security of funds and knowledge are important to a safe buying and selling setting.
Within the case of IQ Option, they’re a regulated dealer that has a licence to supply funding merchandise within the European Union. The licence that IQ Possibility has if from the Cyprus Securities and Trade Fee (CySec).
With a view to receive this licence, the dealer has to fulfill quite a few minimal necessities because it pertains to shopper funds, buying and selling merchandise and advertising restrictions. You possibly can learn extra about CySec rules on their web site.
Within the case of consumer funds, the entire cash must be stored in a safe segregated account that’s off limits for dealer enterprise. You’ll be able to consider this as a secure deposit field for all shopper funds that must be monitored regularly.
This may make sure that IQ Option will all the time have a sure minimal of funds ought to the purchasers all determine to withdraw. This is essential because it ensures that there’s liquidity on the alternate in instances of market stress.
Furthermore, the CySec regulators even have one thing akin to deposit insurance coverage on the regulator degree. Which means ought to something ever occur to IQ Option, your deposit is insured as much as a sure stage by the regulators in Cyprus.
As is commonplace with most Buying and selling Devicesbuying and selling platforms as of late, IQ Choice is totally SSL encrypted. Which means all dealer communication that’s despatched to IQoption servers is encrypted utilizing AES 256 Bit encryption requirements.
Why is that this necessary? Effectively, hackers.
There was an incredible deal within the information in regards to the ways of hackers with regards to man within the center assaults and phishing. Put merely, an SSL certificates are supposed to restrict the effectiveness of those assaults and shield the dealer.
Whereas we’re on this level, it’s value mentioning that it is best to all the time just remember to see the inexperienced padlock in your browser handle bar (picture proper) to just remember to are usually not visiting a phishing website. This goes for any dealer or alternate.
IQ Option began out as an possibility platform that supplied conventional belongings to commerce. These included property akin to shares, commodities, ETFs and plain vanilla foreign exchange. Nonetheless, they’ve enormously been growing their providing of cryptocurrency property.
Within the chart to the best, you’ll be able to see an inventory of all of the cryptocurrency pairs which might be on provide at IQ Option. There are over 12 pairs that you may at the moment commerce and they’re at all times including extra. These embody the likes of Bitcoin, Ethereum, Ripple, Sprint, Litecoin, Monero, Zcash and many others.
Though these could also be simply good for the conventional cryptocurrency dealer, there are quite a few different property that stay on the legacy platform of spot which you can dabble in. They’re listed beneath:
- Foreign exchange: For these conventional merchants who like buying and selling Fiat Foreign exchange, you’ve an important many choices for conventional foreign money buying and selling on IQoption. There are over 188 foreign money pairs from you to select from in addition to a spread of various crosses between the pairs.For these crypto merchants who’re barely extra superior, you should utilize the foreign exchange pairs so as to arrange a crypto commerce in your personal native forex. You possibly can open a CFD place on the USD cross in addition to that of the cryptocurrency USD cross in query.
- Shares: There are additionally lots of of conventional shares you can commerce on the IQ Option CFD platform. You’ve a collection of over 7,500 shares to commerce which might be on plenty of totally different world exchanges. These embody the NASDAQ and the FTSE and so on.
- ETFs: ETFs, or Alternate Traded Funds, are collective funding funds that permit you because the investor to commerce on an index of shares. IQ Option has a number of the most in depth lists of ETF devices to commerce with over four,288 to select from.
Buying and selling Devices
For his or her crypto, FX and shares they presently supply these merchandise as Contracts for Distinction (CFDs). CFDs are by-product devices that may pay out the dealer primarily based on the distinction in value at the start and the top of the buying and selling day.
CFDs are additionally levered devices which suggests that you would be able to take a a lot bigger place on a commerce than you’ve obtainable. This might amplify your returns offered that you just handle your threat in an applicable method.
By way of the leverage the IQOption gives with these CFDs, it differs in line with the asset class. For instance, you’ve got leverage of 10x on Shares, 20x on Cryptocurrencies and a very punchy 200x on Foreign exchange. It goes with out saying that you need to commerce such devices very fastidiously.
In fact, IQ Option is thought for his or her possibility devices. These embrace their Binary Possibility and digital possibility choices. These devices are uneven devices which signifies that they’ve an outlined loss and revenue.
With these devices, you’ll lay out a premium for the choice commerce that can often be a small premium of the asset in query. Additionally, you will have an expiry time and an expiry worth. If the choice expires within the cash then you may make a big return in your funding. If it expires out of the cash then you’ll lose the premium.
IQ Option has a lot of fee choices that merchants could make use of. They settle for playing cards from Visa and Mastercard. In addition they settle for funding by quite a few on-line wallets together with Internet Cash, Skrill, Money U and Neteller.
For individuals who would favor to fund their account by a easy wire choice, in addition they have that possibility. This may often take a bit longer than a deposit through card however the charges shall be decrease for bigger quantities.
For these merchants who’re merely beginning out buying and selling, the minimal account funding measurement is a mere $10. This provides you with entry to the actual account (defined beneath). Funds which might be made by way of wire can take a bit extra 2 days and this relies on the place you financial institution is positioned.
In addition they declare you could withdraw immediately with no questions requested. They state that these could be withdrawn in below 24 hours and you could course of any withdrawal quantity that you prefer to.
We needed to check this so we opened an account at IQoption and deposited $a hundred. Our deposit was a wire fee and took about 1 day to reach (our financial institution is within the EU). We then requested a withdrawal of $10 after putting a number of trades.
The staff at IQ Option instructed us that we nonetheless needed to confirm our account. After verification went by, our funds had been certainly despatched and took just a little over a day to hit our account (much less wiring charges). One factor that the dealer has to contemplate is that they will solely withdraw in the identical method by which they funded.
Customer support is one thing that’s usually briefly provide amongst brokers and exchanges. This after all is smart given the immense quantity of people that need to make investments and the restricted variety of exchanges the place they will do that.
Therefore, we needed to check the shopper help response occasions and effectiveness at IQ Choice. We did this initially within the verification part after we have been ready on our paperwork. For KYC functions, IQ possibility required our proof of identification and deal with.
We despatched our docs off and so they took about 2 days to confirm. Through the interval we ship out plenty of help tickets on the platform in addition to corresponded with them on e-mail. Response occasions had been about 2 hours on common.
Whereas these response occasions usually are not one of the best we now have encountered, they’re undoubtedly beneath common. We additionally need to keep in mind that IQOption has hundreds of thousands of accounts in the mean time which is significantly greater than the entire different brokers and exchanges available on the market now.
There additionally appears to be a devoted cellphone quantity for the crew at IQOption. This isn’t one thing that one usually sees at exchanges or different CFD / Inventory brokers basically. It offers a slight private really feel to the buying and selling expertise.
As talked about, IQ Option is owned and operated by an organization within the European Union. They’re additionally a registered monetary providers supplier in Cyprus with the registration variety of 247/14. Which means that they’re legally allowed to take European purchasers. These purchasers may even have full protections afforded by CySec.
IQ Option has additionally spent a substantial amount of time translating their web site and platform. For instance, they presently have assist for as much as thirteen completely different languages.
In order that these merchants might really feel comfy buying and selling in a stability of their native forex, IQ Possibility permits funding in GBP, USD, EUR and the next different foreign money teams: RUB, IDR, MYR, Yuan.
By way of the native legal guidelines, there are some nations that they don’t seem to be working in. Merchants from the next international locations sadly can not make use of their companies: The USA, Canada, Israel, Palestine, Australia, Russia, Syria, Iran, Japan, Belgium.
One of many nice benefits that we discovered about IQOption was their free demo accounts. In contrast to different exchanges and brokers, IQ possibility offers the dealer $10,000 of demo funds that they will use to check out the platform.
They’ll commerce on the demo platform so long as they like and there aren’t any time restrictions. In case you have depleted the observe funds then you’ll be able to all the time have it replenished. It is a smart way for brand new merchants to check out their expertise earlier than they make investments any dwell cash.
You can too do that with apply funds with out having to offer over any private data to start out. Therefore, you’ll be able to rapidly and simply check the platform with out worrying about having handy over any telephone numbers or id paperwork.
As soon as you’re glad with the buying and selling platform and are comfy together with your buying and selling abilities, you possibly can transfer onto a dwell account and make investments your actual funds. There are two sorts of accounts at IQOption so that you can utilise. They’re the Actual account and the VIP account.
- Actual Account: That is the entry degree account at IQOption and solely requires a minimal funding quantity of $10. With this account, you have got entry to over 70 asset to commerce throughout a variety of asset courses. It will have precisely the identical platform performance because the demo account.
- VIP Account: When you fund greater than $three,000 then you’ll be positioned into the VIP class. This has added advantage of a VIP account supervisor who’s available to reply any questions that you will have on the subject of the platform.The VIP account additionally permits merchants to assemble month-to-month stories on their buying and selling document. That is put collectively by the analysts at IQ Possibility. These studies can assist the bigger merchants to correctly analyse their returns and ensure that their buying and selling technique was applicable.
Once we did our exams, we did it on the reside buying and selling account and never on the VIP account. Therefore, though we’ve no cause to doubt the advantages, we can not confirm the precise buyer help that you’re more likely to get from an account supervisor.
Possibility Buying and selling
A technique during which IQ Option actually stands out is their state-of-the-art buying and selling expertise. Apparently, there are over a hundred builders who’re continuously engaged on the platform to be able to enhance its effectivity. They’ve additionally consulted merchants who’ve collaborated with these builders.
We went over the platform and have been fairly impressed with how purposeful it actually was. Surprisingly, in contrast to quite a few different platforms, it didn’t sacrifice the format or simplicity with a view to combine the vary of subtle buying and selling instruments obtainable.
These instruments embody quite a few charting packages corresponding to technical indicators and research corresponding to Bollinger bands and transferring averages. This might little question be an awesome benefit for all the technical analysts on the market.
There are additionally quite a few format choices which might be accessible on the internet interface. That is achieved via using widgets which could be positioned to the dealer’s choice. That is useful for these merchants who would really like to have the ability to commerce on quite a few completely different belongings concurrently.
What can also be nice to notice is that IQ Option affords its platform not solely as internet based mostly platform but in addition as pc based mostly packages. You possibly can obtain the proprietary IQ Option Mac or Home windows buying and selling software program. It will hook up with the IQ Option infrastructure.
We tried these out they usually have been a lot quicker than the online primarily based platform. This is smart as our buying and selling directions have been going straight to the servers at IQoption and never by means of an internet site interface first. Furthermore, there was no browser software program to decelerate our expertise.
Whereas the IQ Option platform little question appears spectacular, crucial consideration is it’s performance. Regardless of how spectacular a platform’s UI is, the instruments at your disposal are what make or break the commerce.
Let’s run by way of a number of the most vital capabilities and instruments that you should utilize on the platform.
Like most buying and selling platforms today, you’ll have a variety of various order varieties which you could submit when buying and selling. On the IQ Possibility platform, these will differ in keeping with the asset in query.
For instance, when buying and selling on IQOption, there are a selection of brief/medium/long run methods with a variable return using the next order sorts:
- Cease Loss: This lets you set a most loss that you’re prepared to simply accept. When a cease loss is triggered, it closes the commerce.
- Multiplier: The multiplier is a coefficient that means that you can enhance each the return on an funding and the extent of threat.
- Take Revenue: A Take Revenue works very very like a cease loss anticipate on the alternative aspect of the commerce. It’s going to shut out the commerce as soon as a desired revenue has been realised.
- Trailing Cease: Trailing Cease makes ‘auto-shut at loss’ function dynamically and transfer with value within the desired path.
- Buy at (Pre-Order): This lets you set a goal worth to enter the market.
Cease Loss Instruments
Other than simply having the cease loss order varieties, IQ Option has a few of the most various choice with regards to setting your stops / take earnings.
This can be a main departure from a lot of the different platforms the place you merely select an asset worth to your stops. Merchants can make the most of the next performance:
- Take Revenue
- Take Revenue at X% Revenue.
- Take Revenue at Numerical Revenue X.
- Take Revenue at Asset Value X.
- Cease Loss
- Cease Loss at X% Loss.
- Cease Loss at Numerical Loss X.
- Trailing Cease (Dynamic Cease Loss)
- Use Steadiness to maintain positions open.(if exceeded cease loss)
IQ Option Charting
IQ Option has all kinds of charting choices tailor-made to swimsuit the wants of any dealer. There are the next 5 completely different choices to select from:
- Space: Reveals value as a line with a shaded space beneath.
- Line: Reveals worth as a line and not using a shaded space beneath.
- Candles: Reveals a time frame, the worth at the beginning and finish of the interval, and the volatility over the interval as strong colors.
- Hole Candles: Exhibits a time period, the worth initially and finish of the interval, and the volatility over the interval as hole constructive candles and stable unfavourable candles.
- Bars: Reveals a time period, the worth initially and finish of the interval, and the volatility over the interval as a vertical line with open and shut costs as horizontal strains.
IQ Option provides thirteen totally different technical indicators to select from.
Indicators are the spine of technical evaluation and are utilized by day merchants nearly religiously. They’re extraordinarily helpful in terms of recognizing traits, mapping momentum and figuring out potential retracements.
IQ option has thirteen totally different indicators you could activate on the charting interface. These indicators are listed under with a quick clarification as to their use.
- Transferring Common: Shifting Averages are a bunch of technical indicators which might be generally used to find out the present pattern. The preferred averages are the Easy Transferring Common(SMA), the Weighted Transferring Common(WMA), the Exponential Transferring Common (EMA) and the Clean Easy Transferring Common(SSMA). Transferring Averages are utilized in different technical evaluation indicators equivalent to Bollinger Bands, Alligator, MACD and Superior Oscillator.
- Quantity: The Quantity indicator reveals what quantity of the chosen asset was offered and bought inside a sure time period. This is likely one of the few indicators that isn’t primarily based on asset worth. A excessive quantity signifies a excessive curiosity within the asset at its present value and vice versa.
- Bollinger Bands: Bollinger Bands belongs to the class of ‘pattern indicators’, They mirror the dynamic vary of the worth motion. With their assist, many merchants decide the relative place of the worth motion.
- Alligator: The Alligator is an indicator for assessing the market motion path and filtering no-pattern–durations (Facet Band). Its important goal is to show the sign of an rising development. It’s value noting that this indicator is relevant to nearly all time intervals and due to this fact will be thought-about cross useful.
- RSI: The RSI (Relative Energy Index) is used to find out the power of a present pattern and its doable reversal factors. RSI compares absolutely the asset value development inside a sure time interval with the overall value discount inside the identical interval. The result’s visualized as curve on the chart with a variety of zero to a hundred%.
- MACD: The MACD (Shifting Common Convergence Divergence) reveals the convergence and divergence of transferring averages. This indicator is a visualized ratio of two exponential transferring averages. Its objective is to find out the energy and route of the development. The sign line within the indicator window is a straightforward transferring common of the indicator values.
- Parabolic SAR: The Parabolic SAR is predicated on the worth chart and displayed as a collection of small dots. By way of goal, it is extremely just like transferring averages; the one distinction is that Parabolic SAR strikes with larger acceleration and modifications its place relying on the worth. When the pattern is ‘Bullish’ (Upward), the indicator is beneath the costs; when the development is Bearish (Downward) the indicator is above the costs.
- Stochastic Oscillator: Stochastic Oscillator (Stoch) signifies the present place of of the worth in relation to the extrema throughout the chosen interval and is expressed as a share from zero to one hundred. It provides alerts of overbought or oversold situations and helps determine at what factors the market is prepared for a reversal.
- Superior Oscillator: The superior oscillator is visualized ratio of two Easy Transferring Averages (SMA’s)[1x Fast 1x Slow] within the type of a bar chart, Crossing the baseline right here has the identical impact as crossing SMA indicators on the value chart. This indicator exhibits the completion and growth of latest traits. Many merchants take into account Superior Oscillator to be a simplified model of MACD.
- ATR (Common True Vary): Not like most indicators, ATR can not predict the motion path. It shows solely the present volatility of the buying and selling asset inside the chosen interval. Furthermore, ATR determines the quote change price. Energetic motion of ATR signifies a rise within the vary of candlesticks.
- ADX (Common Directional Motion Index): The Common Directional Motion Index (ADX) is all the time forward of the curve and exhibits the power of a development (upward/downward pattern or weakening) previous to the beginning of the worth motion. ADX indicator can be used to establish potential change in market volatility.
- Fractal: Fractals are a sequence of at the least 5 Japanese Candlesticks. The central candlestick is at all times increased or decrease than the encircling ones. The primary objective of Fractals is to show native minima and maxima of the value curve and point out market reversal factors.
- CCI (Commodity Channel Index): This indicator belongs to the category of oscillators that measure the velocity of a value motion. CCI is designed for figuring out the upcoming market reversal. CCI can be utilized to evaluate the energy of the present pattern or detect extrema. Generally, CCI is similar to ADX and may also be used as a software to find out the market development, because the CCI change charge is determined by the power of the present market development.
IQ Option Cellular Buying and selling
One factor that now we have seen on a variety of exchanges and platforms is the dearth of any cellular buying and selling performance. This may be disadvantageous for these merchants who want to monitor their positions when they’re away from their PCs. Furthermore, markets can transfer actually rapidly and time is commonly of the essence.
IQ option has developed their buying and selling expertise on cell buying and selling gadgets. They’ve apps on the iOS apple retailer in addition to on Google play as an android model. They’re free to obtain and you’ll join your account to the app when you could have it in your gadget.
Though the performance has been scaled down as a way to not compromise the visible results of the app, there may be nonetheless fairly a little bit of performance with some charts, indicators and pair selection. It will certainly be straightforward to handle various totally different trades concurrently on the machine.
The one points that we encountered have been that trades had been positioned with a slight delay from the app. This might most likely have been all the way down to the community connection within the space that we have been testing. Therefore, if you want to keep away from any delays in execution then you must just remember to are related to a Wi-Fi in your telephone.
IQ Option Buying and selling Competitions
One thing else that we got here throughout that actually intrigued us was the IQOption buying and selling competitions. These are primarily face to face buying and selling competitions between a lot of the customers on the platform with prizes on supply.
As merchants are naturally aggressive to their core, this can be a nice alternative for them to check their abilities with their fellow merchants. These competitions require a small payment to affix and often final for about half-hour. Therefore, these are extra for day crypto merchants than those that commerce utilizing basic evaluation.
Prizes are sometimes money prizes that may be multiples of your preliminary purchase in quantity. Whenever you enter the competitors you’ll be given the demo funds to commerce with and the dealer who was in a position to take advantage of returns within the interval will win the loot.
It is very important notice, nevertheless, that these competitions would require a sure minimal of merchants to enter earlier than the competitors will get underway. If they don’t seem to be capable of garner the correct quantity of merchants then the each day competitors will probably be referred to as off.
Whereas this can little doubt deliver an angle of enjoyable to the buying and selling, we discovered it barely gimmicky. Nonetheless, for individuals who need have a shot of constructing 100x their purchase in quantity whereas testing their expertise, it might be an important possibility.
Incomes OTN Tokens
Particularly for the cryptocurrency merchants on IQoption is the choice to earn OTN tokens if you find yourself buying and selling. These are primarily tokens of the Open Buying and selling Community which can be being given to merchants by means of their weekly “emissions”.
The Open Buying and selling Community goals to be the primary platform that may provide cross-chain expertise that may unite the entire blockchains and permit for a big decentralised crypto change. They’re making it simpler for individuals to change their varied tokens. You possibly can learn extra about it within the OTN whitepaper.
We’re presently within the distribution section of the OTN tokens. That is the place the Open Buying and selling Community will accomplice with plenty of brokers equivalent to IQ choice to distribute OTN among the many group. The anticipated launch of the OTN pockets can be in March 2018 with assist for 7 tokens in whole.
They’re given to merchants primarily based on how usually they commerce so these merchants who’ve traded extra within the week are entitle to extra OTN tokens. Therefore, not solely might you get the good thing about buying and selling cryptocurrency and making returns from that however you can get further tokens.
The OTN tokens can be bought on a number of centralized exchanges equivalent to Cryptopia and HitBTC.
If you’re a kind of merchants that has many individuals that you just wish to suggest to IQ choice then you may make use of the IQ Option Associates program. That is primarily a fee based mostly construction that may pay you based mostly on the buying and selling charges that your referral will generate.
Additionally they function with a sure tiered construction the place extra signups brings you extra rewards. Because of this if you’ll be able to herald a specific amount of enterprise, your advantages as an affiliate on the IQ Option platform will improve.
If you begin out selling CFDs at IQ Option as an affiliate, you’ll get a 50% “income share” cope with the dealer. What this implies is that for the lifetime of the consumer, IQ Option pays you 50% of what they earn.
This makes it look a lot better than most of the different alternate options that also have comparatively low partnership agreements with their associates (10-20%). Furthermore, provided that these are lifetime agreements, you’ll obtain it so long as your referral is buying and selling at IQ Possibility.
How Does it Work?
You’ll have to join an affiliate account at IQ Option. As soon as this has been finished you can be assigned an affiliate supervisor. They are going to then provide you with every part that you must know in regards to the platform in addition to ask you to finish affiliate KYC and compliance.
Upon getting been accepted, you can begin selling IQ Option with the affiliate hyperlink that they supply. You’ll begin off on the primary stage of affiliate which gives you the 50% income share of the dealer’s earnings.
You’ll then accrue earnings from IQ Option possibility and primarily based on the efficiency and the returns of your promotions you could possibly advance to the following degree which has different advantages equivalent to instantaneous withdrawals in addition to barely larger commissions.
The IQ Option possibility affiliate dashboard is actually superior and means that you can monitor the site visitors out of your referrals in addition to who has signed up and the quantity that your associates are Possibility Buying and sellingbuying and selling. This offers you a pleasant image of how your affiliate efficiency goes.
One factor that we’ve got seen amongst cryptocurrency exchanges and brokers that supply affiliate packages is the shortage of accompanying promotional materials. They usually anticipate the particular person to create their very own banners and movies to advertise their model.
The associates program at IQ Possibility supplies a variety of banners, movies, scripts and iframes that let you most successfully market the product. They’ll all be accessed within the IQ Choice affiliate dashboard and you’ll seek for them primarily based on instrument, asset or language.
Affiliate Program Repute
There are a lot of brokers and exchanges that may fortunately take your referrals after which maintain your charges on the subject of time to pay you your funds. Given the fame of IQ Possibility and their regulated standing, they must be sure that every little thing is totally a hundred% above board.
You’re solely allowed to advertise their product in essentially the most moral means and so they usually monitor your advertising supplies and visitors to just be sure you are abiding by their phrases and circumstances.
Given their popularity, IQ Option might be certainly one of your finest bets on the subject of receiving your commissions. They may pay out twice month-to-month and in case you are on a degree that means that you can withdraw immediately, they may honour that too.
By way of fee choices, they can pay you in a lot the identical means because the merchants in that you could both use wires, Neteller, Skrill or the like.
We might not have the ability to full a full evaluation of the IQ Option if we didn’t check out the popularity that the corporate has on-line. There are a variety of individuals in boards who’ve made claims about IQ Option and their customer support.
Most seem like shoppers who didn’t wish to adjust to the KYC procedures after they needed to withdraw. IQ Option permits purchasers to fund their accounts earlier than they’ve requested all the paperwork for the shopper. Which means that there may certainly be some frustration on the a part of the shoppers.
Nonetheless, these are related procedures at quite a lot of the biggest Bitcoin exchanges the place funds can’t be withdrawn till you may have despatched them the proper KYC docs. These are even for numerous the exchanges that even shouldn’t have Fiat withdrawal performance.
We additionally discovered numerous constructive IQ Option evaluations so it appears as if there was probably not a longtime development relating to the popularity of IQ Broker.
Our complete evaluate has discovered that IQ Option is little doubt an amazing choice for these merchants who wish to commerce spinoff devices on a spread of various cryptocurrency pairs, Foreign exchange property, shares and ETFs. We had been actually impressed with the buying and selling platform in addition to the extension of system purposes.
The client assist was additionally above par and our queries had been settled in an affordable period of time. The one time that we actually wanted them was on verification which is strictly when most merchants will want them. Having the phone quantity there additionally provides some confidence for the dealer. We should not overlook that IQ Option has been including tens of millions of accounts whereas different exchanges have been turning them away.
Other than the final buying and selling expertise, we discovered the choice to earn OTN tokens an excellent profit for these day merchants who did quantity. These can basically be thought of as free “Air-drops” the place you’re rewarded for buying and selling.
Some of the essential components for us, and little question many different merchants, is the truth that they’re absolutely regulated and consumer deposits are protected. If there are any liquidity points at IQ choice then European regulators will again the consumer up with the assured deposit insurance policies.
In fact, there are some issues that IQ Option can do to enhance their service. For instance, they’ll embrace various different cryptocurrency Altcoins which are at present within the high one hundred. They might additionally think about including different Fiat / Crypto crosses such because the GBP or EUR for instance.
It might even be nice to see if IQ Option will ultimately enable API entry to the platform in order that these merchants who prefer to code buying and selling algorithms can hyperlink as much as it. We hope to see developments on this someday quickly.
But, for these merchants which are in a jurisdiction that they cowl, we are able to positively suggest IQ Broker as a good CFD dealer.