IQ Options Review 2020 - Is This Broker Safe?

Iq option is currently unavailable in your country

Iq option is currently unavailable in your country

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Managed and owned by IQ Options Europe Ltd, IQ Option is a financial services provider that is based in Cyprus. Designated as a Cypriot Investment Firm (CIF), the trading platform comes under the jurisdiction of the Cyprus Securities Exchange Commission (CySEC).

List of prohibited countries on IQOPTION

Finally, bars, like candle charts, cover a period of time you specify. They indicate the prices at the beginning and end of the period but do so with vertical lines. There are complementary horizontal lines that display the prices at open and close.

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IQ Option places a good amount of focus on its users and the platform enables customers to trade with confidence by incorporating a number of features that greatly enhance the overall trading experience. These include:

While this will no doubt bring an angle of fun to the trading, we found it slightly gimmicky. However, for those who want have a shot of making 655x their buy in amount while testing their skills, it could be a great option.

Those reviews that indicate complaints against IQ Option are regularly interspersed with positive reviews. It also seems that many of the negative reviews posted online are not actually from customers. Instead, they are from people who claim to have had issues as a way to promote another service. When you look at online reviews from people who claim to be customers of IQ Option, remember to take them with a grain of salt since many are clearly from competitors or people with ulterior motives.

TradingBeasts helps individual traders learn how to responsibly trade binary options and CFDs. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.

However, due to a variety of different regulations, the site does not provide its services to citizen or residents of the United States of America, Australia, Canada, Belgium, Israel, Palestine, Japan, Sudan, Syria, Iran, North Korea or Russian Federation.

You can choose from assets such as ETFs, stocks, options, Forex, indices, cryptocurrencies, and commodities. You can choose between these different assets by clicking on the drop-down box on the left-hand side of the screen. The User Interface also has useful browse and search functions to help you find specific assets.

While carrying out this review and researching other people 8767 s opinions online, we found a number of complaints from people calling the site a scam. Some reasons mentioned are that they disabled a person 8767 s account which didn 8767 t allow them to withdraw their balance and a lot of disgruntled people who seem to have lost money trading on the platform.

Indicators are the backbone of technical analysis and are used by day traders almost religiously. They are extremely useful when it comes to spotting trends, mapping momentum and identifying potential retracements.

*CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 79-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

In order to help you get the most benefit from trading with IQ Option, the broker offers a variety of charting tools that can help you formulate a successful trading strategy. The 5 charting tools available on IQ Option include Area, Line, Candles, Hollow Candles, and Bars.

With IQ Option, there is a minimum deposit of 65 USD/GBP/EUR. You can select your preferred form of deposit, and IQ Option does not charge any fees for depositing funds.

But we also found overwhelming number of positive comments about the company which seems to point that the few who have had problems with them are the more vocal people online.

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