Online money trading is a precarious and uncertain business. There are thousands of money trading platforms and sources online. But unfortunately, many of them are fake. They impress people to become their members. They motivate the traders to get more profit by using their platform. They encourage new users in different ways. But most of them are a scam. The new traders are involved with this scam trading platform and cheated by them. After all, they lose their money. There are some real money trading platforms online. You can earn money easily by investing in this money-earning platform. IQ Option is one of the online money trading platforms. In this article, you will learn about the company and the conditions to trade with.
What is the broker IQ Option?
IQ Option is a Cyprus-based online money trading platform regulated in the EU by the Cyprus Securities and Exchange Commission (CySec). In IQ Option, customers trade a variety of financial instruments and assets. In IQ Options, customers can trade by binary options, stocks, Forex, and currencies. The broker is fully compliant with the legislation by the commission. This commission authorizes them to sell their products to clients under its legislation. IQ Option is operated by IQ Option Ltd. and was founded in 2013. Now, it is one of the fastest-growing online trading platforms. There are over 20 million account holders from around the world. Read more about IQ Option in this accurate review.
Review of the trading platform
IQ Option is an extensive trading platform where customers can get various alternatives. IQ Option allows customers to trade various digital options such as contracts for difference (CFDs) on stocks, currencies, exchange-traded funds (ETFs), Forex, etc.
IQ Option demo account includes $10,000 virtual money. Customers can easily use all of that virtual money to practice trading techniques.
IQ Option Real Accounts requires a low minimum deposit of about 10$. New traders can start and gain access to a live account by depositing $10.
An actual account holder can access over 70 assets, request the required withdrawal time (24 hours), and participate in other trading competitions.
VIP Account can be accessed with a deposit of $1900 or an equivalent amount in other currencies. Besides this, those with a trading volume of $15000 he/she can access the VIP Account.
Is IQ Option a scam?
IQ Option, a money trading platform, has good ratings on different subjects, such as its website being a user-friendly, clean, and easy-to-access layout. It also has a different category that offers other advantages, has many features, and is easy to use. Like many competitors, IQ Option gives the advantage of a Demo Account. Demo Account offers customers an understanding of the different techniques of money trading. It also helps them understand new trading strategies for the future. There is no time limitation in this Demo Account. Customers can use the Demo Account as long as they want.
Start forex trading with high leverage.
IQ Option offers forex trading on a small number of currencies. Trading spreads are on the high side. Minimum Trade amount of Forex is $1. It is regulated by the Cyprus Securities and Exchange Commission (CySec). Trading the brand needs to excel in this area.
Conclusion
Above all discussion, because of regulation from the International Financial Market Relations Regulation Center and other positive services, we can’t say IQ Option is a fraud or scam.
