You may occasionally come across a binary options broker site that really stands out from the crowd with their all-around excellency. This is definitely the case with IQ Option. With their excellent, user-friendly trading platform, comprehensive educational material, outstanding bonuses, as well as the $10 minimum deposit amount and the $1 minimum trading amount, which are by far the lowest on the binary options trading industry, they really are a force to be reckoned with. In this review, I go through the following facts:
IQ Option Bonuses. What kind of bonuses and benefits a new trader gets.
IQ Option Youtube Video. Introduction video for new traders.
IQ Option Review.
IQ Option Testimonials and Success Stories. The real users share their experiences.
IQ Option Trading. How and what to trade with IQ Option.
IQ Option Strategy. The best strategies, which enable you to earn as much as possible.
IQ Option App. How to use this app and how to get the most out of it.
IQ Option Is It a Scam? My full fraud investigation report and results.
If you open an account below, you will get all the benefits that are mentioned below. Most of these are merely and exclusively available for our readers, and are only valid for a limited time, so please act quickly before they expire.
$10 Min. Deposit. This is the easiest way to start binary options trading. You do not have to make a big investment. You get to try how fun and profitable it can be.
$1 Min Per Trade. Again, you do not have to be amillionaireto be able to earn money by trading stocks or currencies; you can start with small amounts and go up the ladder gradually.
27% First Deposit Bonus. If the deposit amount is smaller than $100, you will get a 27% bonus. If it is bigger than $5,000, you will get a 100% bonus.
Totally FREE Demo Account. If you want to start even more carefully, you can first trade with a demo account.
Web-Based Interactive Education System. Learn from the pros on how to invest more profitably.
Over 70 Assets to Trade With. Choose the most profitable ones from currency pairs, indices, commodities or stocks.
FREE Trading Signals. Deposit $100 or more and get free trading signals, which will help you to invest even more profitably.
Binary Options Tournaments with Guaranteed Prize Pools. Compete against other traders in exclusive binary options tournaments.
Claim these outstanding offers and start trading with IQ Option after filling the form below.
Account Currencies: Dollars, Pounds, Euros, Rubles (local currencies for Indonesia, Turkey, Spain, Portugal, South America and the Middle East)
Excluded Countries: USA and Japan
There are currently hundreds of binary options brokers, with new ones appearing on the market almost daily. This is great for customers. There is almost an endless number of choices, as companies are trying to compete against each other for new customers with increasingly offering higher bonuses and special new features.
One thing that many brokers has been overlooking is old customers; the goal has only been the acquisition of new customers, which has led to the fact that, after their first deposit, many go to other broker sites or completely stop investing in binary options.
But this is where IQ Option completely differs from its competitors, as they really have worked very hard to make investment interesting, fun and entertaining, even after the first deposit bonuses have been used and the new features have been experimented. A perfect example of this is a $10 minimum deposit and a $1 minimum investment, which show that they are even openly welcoming those investors who want to start more cautiously or who cannot simply afford to invest larger amounts of money.
Earning with investment is no longer just possible by the rich, as ordinary people now have the same opportunity to start with small amounts, and gradually increase their fortune to the same amounts as those of professional traders. However, you do not have to take my word for it; please read these actual experiences and success stories, and determine if you could be one of them in the near future.
Testimonials And Success Stories
“Ronald O. 51 year’s old, construction worker from Liverpool, UK.” I first tried binary options two years ago but quickly lost my £200 initial investment. I was mad because I could not afford to lose that kind of money. I thought that I would never try binary options again. However, a few months ago I found out that, with IQ Option, I could practice with a free demo account, so I decided to try it. After a few weeks, I noticed that I started to win constantly, so I made a deposit, began to invest with real money and never looked back. Now, after just a few months, I have won a lot of money. What I learned is to never give up and always learn from your mistakes. I will continue to educate myself and hopefully my success will continue.”
“Anna P. 22 year’s old, student from Helsinki, Finland.” Investing has always seemed interesting, but I never really knew where I should start. When I found out that IQ Option provides the possibility to start with €10 and to study to be a better investor at the same time, I decided to try. In the first six months, I only made a couple hundred euros per month. However, I then noticed that I had started to earn more and more, almost every day. In the last month, I earned really significant sum of money with binary options! I am extremely happy that I found this unique opportunity to earn money.
“Thomas C. 32 year’s old, investment banker from Frankfurt, Germany.” I am responsible for millions of euros in investment assets each day. However, when I generate profit, I only keep a very small portion for myself. Therefore, I decided to start binary options investing in my spare time. I compared different broker sites and concluded that IQ Option is definitely the best site for those who like to invest with a larger capital. With their excellent trading platform, I started to win immediately. During the last three months, I have won more than I have ever dreamed of. This is already considerably more than what I earn in my day job. I seriously consider the transition to a full-time binary options investor.
IQ Option currently has 77 different trading assets available. These include the following:
Currency pairs. All the most commonly traded currency pairs. such as EUR / USD, GBP / USD, AUD / CAD, EUR / JPY, USD / CHF and others.
Bitcoin. This option is only available on few binary options broker sites.
There are over 70 different trading assets available
There are three different account types available, from which two accounts are for real money trading:
Practice trading without real money for free
13 trading assets
Trading opportunities are limited
All 77 trading assets available
Start with a $10 minimum deposit
Up to 80% bonus on each deposit
You can participate in trading competitions
Full access to trading opportunities
Up to 45% refund in case of wrong prediction
Fast withdrawals (just under 3 days)
All 77 trading assets available
Bonuses of up to 100% on each deposit
Full access to trading opportunities
You can participate in trading competitions
Up to 60% refund in case of wrong prediction
Monthly trading analysis with their analyst
Even faster withdrawals (under 24 hours)
You will get access to VIP if you deposit more than $1,000
I personally recommend starting straight from the VIP level. The benefits you get will pay by themselves very quickly. Especially if you are a new trader; the help from a personal manager and the monthly analysis can be very useful at the beginning, when you are still learning to invest profitably. Better refunds (in cases of wrong predictions) will help you to keep yours losses down. This way, it is less likely that you will have big losing streaks at the beginning.
You can choose from a wide variety of deposit options. Deposits can be made with all major credit cards, such as Visa and MasterCard, and you can use the following methods: Skrill, bank wire transfer, WebMoney, QIWI, Yandex Money, PayPal, LiqPay, and Moneta. As we mentioned before,the minimum deposit is extremely low: just $10.
Withdrawals are quickly processed, within 1 and 3 business days. You can use all the same methods that are available for deposits. If you have a VIP account, processing withdrawals is even faster (just under 24 hours). There is a small withdrawal fee ranging from $5 to $10, depending on your withdrawal method. You should keep that in mind, as minimum withdrawal amount is only $10, but you should not withdraw amounts smaller than $50, due to the fee.
There are wide range of different banking options available
The minimum investment of $1 per trade is also the lowest on the industry. This makes possible to start investing with real money carefully if you are a beginner. Thanks to the low minimum investment, I recommend opening a real money account directly at the beginning. This way, you will get access to all the benefits that a demo account user does not get.
The maximum investment of $1,000 per trade is sufficient even for “high-roller” investors who are willing to take big risks in order to obtain high yields. For example, by setting a number of $1,000 to investments in a row, you can raise the stakes as high as you want.
IQ Option uses its own trading platform, a fresh change from SpotOption platform, which is used by almost all the major broker sites, such as Banc de Binary, Porter Finance and GOptions.The super responsive live graph feature makes trading easy and fun. Unlike on some competitor sites, the possibility of inadvertently setting the wrong investment is not possible. The platform has many unique features, which are specially designed to make it simple and easy to use.
In order for the platform to be tested by a beginner, we asked our secretary if she could master the platform after spending a brief amount of time learning how to use it. Our secretary does not have any previous experience with binary options. We gave her 15 minutes to learn, after which we came back to check the situation.
When we came back, she told us that 15 minutes were more than sufficient. She was already very familiar with all the main features after a couple of minutes. However, this is not all, as she also told us that she has never been interested in investing; though, after the experiment, she decided to start actively learning investing with IQ option. As a conclusion, we may say that, if you do not have any experience with binary options or investing, there is no easier or better way than this to start.
The trading platform is very user-friendly and extremely easy to use
The trading platform has for example the following unique features:
Real-time asset price movements. You can follow the price changes of desired trading assets through real-time charts.
Technical analysis panel. You will find various analysis tools on the technical analysis panel. I will tell more about these in the strategy section of this article.
Trader’s choice indicator. Here you can directly see which investment alternative (put or call) is more popular, as well as the percentage of investors that have chosen each alternative.
Top traders stats and best deals. You can quickly and easily see how much was earned and how the best investors have earned; and you can follow their example.
Future price movement predictions based on technical analysis. You do not need to know how to interpret the charts for yourself, but you can use the predictions made by professional investors.
Relevant financial news. You no longer need to look for yourself all the major news from various sites, but you can see them directly through the trading platform.
Super responsive live graph makes trading super easy
IQ Option has made trading as simple and clear as possible. The investor can quickly make the option expire in 60 seconds, or more cautiously select an expiration time, such as 30 minutes or even 24 hours. Sixty-second options are great for traders who wish to have quick profits and excitement. However, these are also much more risky than longer maturity options. This is why I do not recommend these as first investments for a novice investor. Profits can be huge, but losses are also frequent.
Sixty-second options enable you to earn huge profits in a very short period
Binary Options Tournaments
IQ option is also offering binary options tournaments. I never found these on any other broker site, so I tried them with great interest. At the beginning, all traders will get a tournament balance of $10,000 for their use during the tournament. Winners are determined by the amount of tournament balance at the end. Participants with the highest balance will win the first place prize etc.
Some tournaments have a guaranteed prize fund, which means that, if participation fees do not cover the whole prize pool, the broker will pay the rest of the guaranteed funds from his or her own pocket. Some tournaments also have rebuy possibility, which means that, if you lose your whole tournament balance, you rebuy yourself back to the tournament. For the same entry fee as originally, you get a tournament balance of $10,000 for the second time. Tournaments usually last for 30 minutes, so they are a great entertainment for investors who want to get excitement and high profits in short periods. By participating in the tournament, you can earn up to one hundred times (sometimes even more) the entry fee.
The average level of the participants in these tournaments is astoundingly bad. With a good strategy, these are a truly easy way to earn money. You do not even have to know much about investing, as long as you follow the following instructions:
Always aim to win. The first-place finisher always gets by far the biggest prize. It is therefore not worth to ensure the eighth or ninth place, even if these allow you to earn a cash prize. Even if you just have a small chance, try to get to the first-place, as it is usually worth the risk.
It is fine to spend the first few minutes to observe what strategies the other participants are using. Whether other participants are trying to grow their tournament funds aggressively right from the start or do they take a more cautious approach. You can then tailor your own strategy according to this. However, make sure that the first ranked participants do not escape too far from you, or it may become hard for you to reach them later on.
In the middle of the tournament, you should have a clear picture of what the other participants are doing and what kind of strategy you should use. Now, it is time to optimize your strategy according to your objectives. If you are the clear leader, do not get too close to those in previous positions. If you are close to the first places, try to keep them close, so that you can strike when the end of the tournament is near. Also, observe what kind of strategies the tournament leaders are using. If they are too cautious, this will be your chance to take the whole pot, struck more aggressively and try to get the first place.
If the end of the tournament is getting closer, and you are far away in the money finish, it will be the best moment to take big risks. You have nothing to lose, so it will be a good moment to reach the money by taking big risks. Victory is already probably too far away, but do not be discouraged. As long as you have money, you have a chance.
Analyze your strategy afterwards and think if can win more in some other way. There is always room for improvement, even if you won the whole tournament. Spend a few minutes analyzing your strategy after the tournament is over, as this might be extremely beneficial for the next time.
In binary option tournaments, you can win huge prizes with a small entry fee
The investor has free access to a large number of different tools and resources to make use of technical analysis. You can even use these directly through the trading platform. You can easily see the moving trends of trading and, through the technical analysis panel, it is almost effortless to make investment decisions based on completed analyzes. You do not need any previous expertise to do this.
There is also an almost endless quantity of free educational materials for you to use at will, such as free webinars, ebooks, instructional videos and tutorials. With the help of these extensive materials, you can easily develop your skills and become a much better investor. Below are three examples of tutorial videos that are available for investors.
Trading Strategies for IQ Option broker
Before you get to the actual strategies, you need to understand the system that they work with.
These are bars in charts depicting the price movements if an asset. They represent the opening and the closing of a price range. If the price moves up it will be represented by a green candle. If the price moves down, it will be represented by a red candle.
These are lines in the chart which represent price movements and also show the corridor within which the price range within which the value of the asset is likely to fluctuate. The support lines on the lower side of the chart represent the level from which prices tend to bounce upwards. The resistance level refers to the trend line at the upper side of the chart and it represents the level from which prices tend to bounce downwards from. The area between the two trend lines is the trending corridor.
The candlesticks, the trend lines and the trending corridor are some of the most popular and effective tools in binary options signal generation.
The main strategies
The Rebound Line Strategy
The aim of this strategy is to catch the movement of an asset at the very moment when the price cannot break through the support of the resistance levels. In this strategy, when the price reaches the resistance level and the candle closes before this level, the possibility of a rebound is greater than the possibility of a growth. Here, you are better off buying a PUT option. With the same strategy, if the price reaches the support line and the candle closes just above this level, you are better buying a CALL option. This strategy is relevant whether the trend is neutral, upward or downward.
The Three Black Crows Strategy
This strategy defines the downward reversal on the uptrend. Look out for an uptrend with several ascending candles in a row. Wait for the reversal of three descending candles in a row. Closing at the third candle is a signal of an uptrend turning into a downtrend. At the same time, when there are three descending candles in a row, and the price closes at the end of the third, this will be a signal of a downtrend turning to an uptrend. These signals are what you will use to make your trades with.
Piercing Line Candlestick Pattern
Here you will study the candlesticks carefully and look out for a trend in the price movements. What you will be on the lookout for here is the precise moment where you will notice a reversal of a down trend. Find two candles on the chart one of which closes the price in the middle of the previous one. Wait for the second ascending candle. When a third ascending candle appears it will be a signal for a tend reversal. This will happen both ways. Look out for another set of two candles and see if one closes in the middle of the one before it. You will look at the second candle while waiting for the third descending candle. This will be the signal of another trend reversal this time on the opposite side of the chart. You will then be expected to execute the trade in line with the signal and you can expect a winning conclusion.
The Rainbow Strategy
This strategy is a little more technical than the other strategies explained above. The rewards of this system are just as rewarding as those ones outlined above; the generation of great signals. Here, three exponential averages with different periods are used simultaneously. On the chart, you will mark the first line with a period of 6 in blue. The second line with a period of 14 will be marked in yellow while the third line with a period of 26 will be marked with red.
For strong signals of an asset’s imminent drop in price, the following points with the moving average will be noted.
The blue line is located above the others
The yellow line is below the blue line
Both of these lines will be above the red line
The intersection of the blue line with the yellow line will be the signal to enter the market and buy a PUT option.
For strong signals of an asset’s imminent rise in price, the following points will be noted.
The red line will be above the others
The yellow line is below the red line and above the blue line
The blue line is at the bottom.
The intersection of the yellow line with the blue line is a strong signal that you enter the market and but a CALL option.
Moving Averages Strategy
This is one of the most popular of strategies and it is used extensively in binary options trading where IQ Option broker is in play. It is used to full effect profit wise by both the experienced and the rookie traders. You will use the available technical analysis tools to construct the moving averages indicator. The period indicates the amount of candlesticks selected for the calculation of the moving averages. With this strategy employed by IQ Option’s clients, there are four types of moving averages. The difference comes with the method of calculation. The different moving averages are:
Most of the clients of IQ Option are in agreement that the simple and exponential moving averages are the simplest to calculate and use to help generate signals. They are also the most accurate of the four. In most cases, the last two are used by professionals in highly specialized strategies.
The Simple and the Exponential moving averages are relevant with many trading strategies including following the corridor using the rebound line and the breaking line. They are also used in advanced strategies where construction of several moving averages simultaneously is carried out.
The Pin Bar Strategy
This is another of the more technical strategies that you can use with the IQ Option broker. It will be used to predict a down ward or an upward trend with the price of an asset. What are studied here are pin bar candles with tails or spots.
If a pin bar candle has a small body and a long tail, directed upward or downward, there is an imminent shift in the price of the asset depending on the prevailing market conditions. If the tail of the pin bar points upwards, the price of the asset is predicted to move downwards. You are therefore at this instant expected to predict accordingly.
When the tail of the pin bar points downwards the price of the asset is predicted to go up. This is another signal and you will trade as directed. At all times, remember that good a pin bar with a tail is an indication that you should enter the market. What you need to be careful with is the direction that the tail is facing as this will be indicative of the prevailing market conditions.
Not all pin bars with tails are good to signal you to enter the market. A good pin bar has to satisfy the following conditions:
The open and close levels are placed next to one of the previous bar’s ends.
This must be near the top or near the bottom.
The pin bars open and close levels are placed within the left bars also known as the left eye. If all the parameters are to the right, it means that the signal is strong enough to enter the market.
The Breaking Line Strategy
This IQ Option strategy aims at catching the exact moment that a candlestick breaches either the support line or the resistance line. When the candle closes above the resistance line, it is better to buy a CALL option. This is because the chances of the price of the asset rising increases dramatically.
When the candle closes below the support line, the chances of the price falling increase at a very high rate. At this point in the chart, you will buy the PUT option as it is the most favorable. This trading strategy is suitable for natural trends, upward trends and for downward trends.
This strategy is rather simple in its application mechanisms. Here, three smooth moving averages are monitored as they move along the chart. They will be displaying different moves and their respective time periods. What is important to note is that with this strategy, the moving averages must be of the smooth kind and none other. This implies that the simple and the exponential moving averages will not work with this strategy, at least not with the IQ Option broker’s system. This is because the smooth moving averages have a very little impact on ripples in the market or fluctuations with very little significance.
These lines of the moving average show the most likely price that the asset will have in the near future if the market is not under any undue influence from unexpected factors either within the asset’s market itself or in the wider global financial markets.
The smooth average lines of the candlesticks are looked at like they are alligator teeth. When the candles open upwards, it is the appropriate time for you to make a trade. This is a signal to execute a CALL option immediately.
When the candlesticks open downwards, it is a signal that the appropriate trade to execute is a PUT option.
When the indicators are twisted like a helix or intertwined in any way, it means the alligator is asleep; this is not the appropriate time to make any trades. Trading at this point may be tempting but the chances of losing your stake here is very high because the next possible move in very unpredictable.
In between the CALL and PUT trades, the indicators will twist again and you should rest your trading for a while as well.
The Bollinger Bands Strategy
Here, the strategy is applied with the price chart carrying 3 lines. These lines are not equal in thickness all through the chart. Rather, they will change their width according to the movements in the market. When an asset’s marketplace is calm, the bands will be narrowed. When activity resumes, the bands will widen. The rate at which they widen will depend on the intensity of the trading. Should you notice a rapid widening of the bands, you can be sure that there has been a sudden increase in the intensity of trading for that particular asset.
The band at the central represents a smooth moving average which will be carrying something like 20 bars/candles.
Trading binary options is a profitable venture. What you need is the right broker to handle your investment and to guide you on the right path to profitability. IQ Option is one of the leading brokers in the binary options marketplace. This can be seen from the deep understanding that they have of the binary options marketplace and the movements of asset prices. As evidenced by the sophistication of the trading strategies, it is how you interpret the price movements that determine the nature of the signals that you will have.
There are many different free analytic tools for traders.
IQ Option App
The IQ Option mobile app is one of the best that I have ever used. However, I am not the only one who thinks like this. At this moment, it is the #1 trading app in 45 countries. One of the most important reasons for its success are the great functional features, which make trading possible at anytime and anywhere. The most important buttons are not too close to each other, so even those with big fingers like me will not make incorrect clicks too often.
The app is basically the normal trading platform in smaller size, so if you only want to trade with your mobile phone, this is possible; and you will not miss any of its key features. Trading “on the go” is becoming more popular every day, so with this excellent mobile platform, IQ Option has definitely a distinct advantage over most of its competitors. The app can be downloadable from Google Play or App Store. Click on the button below to download IQ Option mobile app:
Mobile app can be downloaded from Google play or App Store.
IQ Option: Is It a Scam?
I made a full fraud investigation and its outcome is clear: IQ Option is not fraudulent broker. The following facts prove this without a doubt:
It has the best websites and the most versatile trading platform on the industry. These cost hundreds of thousands of dollars to make. Scammers would not have these kinds of resources at their disposal.
It has operated for several years without any negative comments. Scammers can never fully escape the negative comments; a great reputation is a good indicator that the broker is truly honest.
It has the lowest minimum deposit on the industry. Scammers usually have one single goal: to get as much money as soon as possible. There is always a risk that the scam is revealed, after which getting money is extremely difficult.
Completely free demo account. If you intend to scam, why would you give anything for free? Especially if that would make you take the risk of being exposed.
Extensive free educational material. If you intend to scam someone, you would not make it harder by teaching the victim, as this does not make sense.
Fast withdrawals and versatile withdrawal methods. Scammers always try to get money from their victims by any means possible. Therefore, it is obvious that they would not give victims their money back.
Awards and distinctions. Scammers do not win prizes from impartial organizations. More about these awards is provided below.
IQ Option has received several awards and recognition from multiple sources. This is one more proof that they are excellent and honest in this business. The most popular of these awards are “Most Reliable Binary Option Broker” award and “Most Innovative Binary Option Broker” award. The judges were the most esteemed and experienced people in the area of investment, from all-around the world. IQ Option competed against other popular broker sites, such as CTOption, Option FM, CherryTrade and Master Option
IQ Option has won many awards, such as “Most Reliable Broker” and “Most Innovative Broker.”
IQ Option Autotrader
Unfortunately, there is no possibility to use Auto Trader at IQ Option, at this time. You have to approve every trade for yourself. If you want to use an automated trading robot, there many other great broker sites through which it is possible. If you are interested in auto trading, I recommend you to read our following articles:
Binary Option Robot Review (Best fully automated free trading robot. The biggest secrets of binary options trading revealed. Read how pro traders have earned their fortune, and use the same tools that they have used for many years.)
Binary Hedge Fund Review (Earn like the billionaires with this free hedge fund software. Real traders show their incredible results!)
Copyop Review (A new revolutionary way to earn money. Set your trades to copy the best professionals. It is so easy to do that you will not believe how this is possible!)
Binary Stealth(Very accurate new signalprovider. What kind of results can you get with it?)
IQ Option does not currently accept US traders. After SpotOption stopped accepting American customers a little while ago, their position has been a little bit uncertain. However, for the moment, at least the following Binary Options Brokers accept US traders:
I must admit that I am extremely impressed with how professionally IQ Option has dealt with single every detail of their site. They really raised the bar to a completely new level. At this moment, it is difficult to even imagine that any other broker site would get even close to them as a whole. For this reason, IQ Option is my absolute number one recommendation for every binary options investor. This broker site is truly top-notch in every feature that can be measured. I will give IQ Option an overall rating of 4.9 out of 5.0 stars.
IQ Option Ratings
Exclusive offer! Register now by clicking on the button below, deposit more than $100 and get a 27% deposit bonus. You usually have to deposit at least $1,000 to get such a big bonus.