| Updated: IQ Option is an award-winning online trading platform. Launched in 2013, it has expanded greatly since then. The website is owned and operated by IQOption Europe Ltd. Since its inception, the platform has earned multiple accolades, including Most Innovative Trading Platform Global (2023), Excellence in Forex Platform Global (2022), Best Trading Experience (2022), Best Trading Platform (2022), and Best Mobile Trading App Global (2023). IQ Option is an excellent platform for traders of all levels, and here we present every aspect of the experience.
| General Information about iQ Option | |
|---|---|
| Min. Deposit | $10 |
| Supported Languages | German, English, Spanish, French, Italian, Portuguese, Russian, Swedish, Thai |
| Supported Currencies | United States Dollar, Euro, Brazilian Real, Australian Dollar, Russian Ruble |
Regulation
The company operates under the license of the Cyprus Securities and Exchange Commission (CySEC). This government institution regulates financial firms, brokers, and brokerage companies based in Cyprus. Companies licensed by CySEC are permitted to operate in any state that is part of the European Economic Area.
| Regulator | Licence |
|---|---|
| CySEC (Cyprus) | Yes |
Trading Instruments
IQ Option offers users a variety of different trading instruments. Using these you may trade in many different assets. The available instruments are listed below in detailETF
Exchange-traded funds (ETFs) are among the most actively traded assets in the world, with roughly $20 trillion worth of shares changing hands in the United States alone. ETFs are bundles that can include stocks, bonds, commodities, and more. They can be traded openly, just like individual stocks, and are highly appealing to traders worldwide. No two ETFs are alike, as each holds a unique mix of assets, but they all share a reputation for being potentially lucrative investments.
CFD Stocks
Users seeking to trade stocks on a contract-for-difference basis have certainly come to the right place. CFDs are essentially agreements between two parties in which the seller agrees to pay the difference between the asset’s price at the time the contract is opened and its price at the time it is closed. This type of contract can benefit either party, depending on the circumstances. If the difference is positive, the buyer makes a profit; if it is negative, the seller earns money from the buyer. At IQ Option, you can trade shares of more than 7,000 companies, many of which are successful businesses listed on the NASDAQ and NYSE.
Forex
Currently, Forex is the most liquid market in the world, with trillions of dollars traded daily. It has been a dominant force in the online trading scene for some time now, and it is only becoming more popular. Forex primarily involves trading foreign currencies. The market as a whole is decentralized and is the largest market in the world, followed by the bond market. At IQ Option, you can engage in Forex trading with a relatively small initial investment, and there is a wide range of currency pairs you can trade.
Cryptocurrencies
At IQ Option, you can speculate on the prices of several of the most popular cryptocurrencies currently on the market. Cryptocurrencies have become a major trading asset on the Internet in recent years. Unlike traditional fiat currencies, cryptocurrencies exist only on the web. Most of them are completely decentralized and, as such, are not subject to any governmental or institutional regulation. Bitcoin was the first, surfacing in 2009, and since then, many others have risen to prominence. Some of them can be used as real money and traded on online exchanges for fiat currency or other cryptocurrencies.
| Instrument | Spread |
|---|---|
| EUR/USD | 1 |
Trading Platforms
 Platforms |
 PC / MAC |
 Smartphones |
 Tablets |
|---|---|---|---|
| Web Trader |   |   | |
| IQ Option | | | |
| Trading Information | |
|---|---|
| Trading Platforms | Web Trader, IQ Option |
| Demo Account |  |
| Hedging |  |
| Scalping | |
| Retirement Account | |
| US Traders | |
| Arabic Traders | |
The IQ Option trading platform can be accessed from a range of devices. Desktop and laptop traders can use the web-based interface, where all trading instruments and assets are available. Alternatively, PC users can download the dedicated software, which is available for Windows 7, 8, 8.1, 10, macOS, and Ubuntu 14.04. The program is extremely light and will run perfectly on almost any PC. As with the web version, the desktop application provides access to every instrument and trading asset, allowing you to trade comfortably and without issues.
Mobile users can also benefit from a fully-featured application that meets all your trading needs. It can be downloaded on any device running iOS 8.0 or Android 4.0.4 from the App Store and Google Play, respectively. The mobile variant is just as capable as the desktop version. You will be able to trade on the go, contact customer support, and manage your finances. The app runs smoothly without interruptions or annoying crashes.
Support
IQ Option has a competent customer support team of more than 40 agents ready to assist with any issues you may encounter. There are several ways to reach an agent. One of the most convenient is live chat. You can initiate it directly from the screen you are on and speak with a company representative in real time.
You can also contact the support team by telephone; a dedicated line is available at any time of day. The third option is to open a ticket. When you choose this option, you will be redirected to another screen where you can fully describe your issue. The customer support team will respond as soon as they have reviewed your message.
IQ Option is committed to providing its user base with the best service possible. For this reason, customer support is available to all traders 24 hours a day, seven days a week.
| Brand | Minimum | Fees | Processing Time |
 | $€20 | No Fees | Instant |
 | €20 | No Fees | Instant |
 | €20 | No Fees | 3 - 5 business days |
 | €20 | No Fees | Instant |
 | €20 | No Fees | Instant |
 | €20 | No Fees | Instant |
 | €20 | No Fees | Instant |
 | €20 | No Fees | Instant |
| Brand | Minimum | Fees | Processing Time |
| €2 | No Fees | 1 business day |
| €2 | No Fees | 1 business day |
| €100 | No Fees | 1 - 3 business days |
| €2 | No Fees | 1 business day |
| €2 | No Fees | 1 business day |
| €2 | No Fees | 1 business day |
| €100 | No Fees | 1 business day |
| €2 | No Fees | 1 business day |
*Payment methods available to the reader may differ. For the most up-to-date list of available payment methods, please refer to the IQ Option trading platform.
Account Types
IQ Option offers its users three account types to choose from. The first is the Demo (Training) account. A trader can open this free account to explore the service and test its various features. Each demo account receives $10,000 in virtual funds, which can be reset at any time. No banking information is required at this stage.
A Real Account can be opened once the user has completed verification and deposited funds. Holders of this account have full access to every tradable asset offered by IQ Option. Additionally, they can request withdrawals and take part in weekly tournaments. After acquiring a Real Account, users can also contact customer support via the live chat feature.
| Market | Leverage |
|---|---|
| Currencies | 30 |
Are you ready to trade?
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.