IQ Option is one of the recent binary options to come to the limelight in recent years.
It was established in 2013 and has been on a sharp growth trajectory in those years it has been around its growth can be attributed to the firm’s desire to break boundaries and move in a direction that many other brokers have shied away from.
IQ Option (UK) - Review
- In 2013 they received their registration form the CROFR the Russian securities regulatory body under the number RU0395AA Vv0085. They did not stop there because they wanted to get a good backing from other regulatory bodies and in 2014 they received their CySEC registration with their regulatory number as 247/14.
- In 2015 they managed to receive the CONSOB regulatory license n. 0008204/15 del. 03/02/2015 from the Italian Securities Exchange Commission.
- In 2016 they are set to receive six more international licenses of operation. The more accreditations they get the more their level of reliability rises. They have proven to be a firm on a mission and all this can be seen from the numbers they are doing year to year.
They started off in four countries and now they are in 36 countries, they had 15000 accounts in 2013 and they now have 3,450,000 accounts and counting.
They were able to perform 30,000 trades a day when they started compared to the 1,000,000 they are doing now, this can only prove that they are a motivated firm inclined to grow their firm and clients alike improving their experience with each step forward. They have been a key figure in the world of sport and especially motor sport.
IQ Option has formed partnerships with world leaders in sport, they formed a partnership with Aston Martin on their quest in the World Endurance Championship and they have also formed a partnership with AGI Racing a Formula 4 racing team.
These are strategic partnerships that will definitely improve the awareness of their existence as a world class brokerage firm.
IQ Option Trading Platform and Demo Account
IQ Option has one of the best trading platforms in the binary industry and this has been retaliated by many people and their clients alike. In the past IFM Awards, they won both the Most Innovative Binary Option Platform and the Best Mobile Trading Platform. This is enough to solidify their stance as the binary option with the best platform.
Their platform was not voted as most innovative for no reason, they had taken their time to listen to needs from their clients and they went ahead and brought those requirements to life.
Their platform is a desktop platform that is available both for Mac and PC; it is quite a small executable file that needs very little requirements from the users end to run smoothly. The executable file is 11MB and it requires 17.2 MB to run on the devices stated smoothly.
The platform comes with a wide range of analytical tools, indicators and it is customizable to the trader’s standards. This being a proprietary platform it is quite the platform that each and every trader would want to have as a binary Options trader.
They also have a similar version for the iOS and Android devices, the platform happens to be the number one most downloaded trading app in 28 countries. For a binary options firm that is only three years old in the market is quite the impressive fit.
Educational Resources
The education resource on their web page is mainly comprised of video courses covering various trading strategies that have been back tested and proven to be successful on their platform.
The videos cover the guide to registration and interface, a guide to you successful registration and how to navigate the trading platform. They have several videos about the candlestick patterns and strategies that work within those patterns.
They have several trend line tutorials and their use as strategy builders, and examples of strategies that can be developed around those trend lines.
They also have video courses that moving averages and the way they can be used to develop powerful trading strategies. All these courses are meant to improve the trader’s skills and awareness on how the financial markets work in general.
IQ Options Minimum Deposit and Withdrawals
IQ Option has made it their point to offer their clients numerous choices when it comes to the deposit and withdrawal options.
They have expanded their options because of their prominence in many countries and they have done so to give each and every client the best and most convenient deposit and withdrawal option as per their countries.
They have the VISA, MasterCard, WebMoney, Poli- internet banking, Skrill, Neteller, and wire transfer. All the above options offered by the firm are well secured and they have little to no service fees while transacting.
Each of them has a duration in which the funds take to reach the brokerage firm and for the withdrawals to reach the client. One should inquire from the back office staff and compare each of the options before using either, because the easier the method the cheaper it is for you on the transaction fees side.
Customer Support
The IQ Option customer support has really improved over the years. It has grown from two specialists when it started to 35 at this point in time and still growing in relation to their expansion.
Their chat response times have gone through the roof as well, the average time to have your chat replied to in 2013 was 7 minutes compared to now it only takes 46 seconds and improving as well.
Their ticket response time has also improved from 5 hours in 2013 to 24 minutes and improving now. This is just a testament that the firm is on a rapid growth pattern that seems to be carrying on for a long while.
The more they grow the better their customer support service becomes. They are like an animal that thrives on greater challenges. This is what makes IQ Option the ultimate trading experience.
