Online money trading is a very risky and uncertain business. There are thousands of money trading platforms and source online. But unfortunately, many of them are fake. They impress people to become their member. They motivate the traders to how they get more profit by using their platform. They motivate new users in different ways. But most of them are a scam. The new traders involved with these 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 investment in these money earning platform. IQ Option is one of the online money trading platforms. In this article, you will know about the company and the conditions to trade with.
What is the broker IQ Option?
IQ Option is Cyprus based online money trading platform and regulated in the EU by the Cyprus Securities and Exchange Commission (CySec). In IQ Option customers are trade a variety of financial instruments and assets. Customers are enabled to trade by Binary Options, Stocks, and Forex and of course Cryptocurrencies in IQ Option. The broker is fully compliant with the legislation by the commission. This commission gives authorized to sell their products to clients under its legislation. IQ Option operated by IQ Option Ltd. and 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 wealth of alternatives. IQ Option provides customers to trade a range of various digital options such as Contracts for Difference (CFDs) on stocks, Cryptocurrencies, Exchange Traded Funds (ETFs), and Forex, etc.
IQ Option demo account includes $10,000 virtual money. Customers can use easily all of that virtual money to practicing trading techniques.
IQ Option Real Accounts requires a low minimum deposit which is about 10$. New traders can start off and gain access to a live account by just depositing $10.
A real Account holder can access over 70 assets, they can request for withdraws (Withdraw process time required 24 hours) and also they can take part in other trading competition held on the platform.
VIP Account can be accessed with the deposit of $1900 or an equivalent amount in other currencies. Besides this, whose have a trading volume of $15000 he/she can access the VIP Account.
Is IQ Option scam?
IQ Option money trading platform has good ratings on different subjects such as; its website is user-friendly, clean, easy to access layout. It has also a different category which offers different advantage and has a lot of features and all of are easy to use. Like many competitors, IQ Option gives the advantage of a Demo Account. Demo Account offers customers to understand the different techniques of money trading. It also helps them to understand the new trading strategies in 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 do not excel in this area.
Conclusion
Above all discussion, because of having regulation from of the International Financial Market Relations Regulation Center and other positive services and we can’t say that IQ Option is fraud or scam.