Iq Option Review In Depth Review

As one of the leading exponents of the binary options trading industry, IQ Option has realized in recent years that they need to diversify product options. Binary options have never been described as particularly reliable, and the business model on which they are based is plagued by an obvious conflict of interest. This combination made the brokerage a reputation they had achieved largely in recent years. The brokerage has diversified into the correct Forex, CFD, ETF and cryptocurrency operations, and apparently that was what the doctor had ordered in terms of reputation.IQ Option has always been well known in the commercial community for its accessibility and attractive commercial conditions, characteristics that it has maintained to this day. Even when most of their peers needed minimum deposits of $ 200- $ 500, they offered binary options accounts for only $ 10. The spreads on their Forex and CFD products are still among the best in the commercial industry.In this context, it is not surprising that the brokerage has jumped, even if it was a good reputation. From approximately 950,000 accounts in 2014, IQ Option has grown to more than 14 million accounts in 2016. From around 200,000 transactions per day in 2014, more than 3 million are now handled. Beginning with a monthly trading volume of $ 10 million in 2014, more than $ 11 billion will flow through the brokerage each month.Perhaps the most spectacular measure of IQ Option's growth is the geographical coverage of the operation. From a few countries in 2014, brokerage services are now available in up to 178 countries.

The IQ Option trading platform

Unlike most colleagues in the industry, IQ Option has not been uploaded to a conventional trading platform like MT4. They still have their own platform developed internally, which does a very good job of trading with mechanics, although in reality there is a bit of a lack in the analysis / graphics options department.The commercial platform has an attractive interface and is available in both web and downloadable formats. Unfortunately, the downloadable version of the software is essentially a replica of the web-based trading platform with the same features and flaws.Having said that, trading on the IQ Option platform is quite nice. The graphics are visually appealing and, in fact, you can trade directly from the graphics. Different time frames can be applied and at least 9 diagrams can not be displayed at the same time.In addition to the functions designed to open / close positions, the IQ Option platform provides a general description of open positions, as well as an operations history section. There is also a chat section and blog where the social part of the brokerage comes into play.Through the commercial interface, IQ Option clients can also access an impressive number of video tutorials that describe various methods of analysis and provide advice on how to operate the platform itself.The selection of the graphics tool allows traders to choose between area graphics, line charts, candle charts and bar charts. These are obviously useful to find different graphic patterns. A series of graphic tools are also provided for this purpose. These include Fibonacci lines, trend lines, horizontal lines and the simple line. There are a total of 12 technical indicators available (and operators probably can not install more). These include the Bollinger Bands, the MACD, the MA, the RSI, the Parabolic SAR and of course the Stochastic Oscillator.However, as an IQ option operator, keep in mind that many of the "classical" technical analysis methods simply do not work in the cryptocurrency vertical, because this new asset class has its own way of developing its prices.The conclusion of the platform is that, although it is not updated with the analysis of graphs and analysis, it provides operators with a very attractive and functional way of doing business and interacting with the community.

IQ Option Products

IQ Option has radically expanded its product offering recently. While maintaining their offer of binary options, their approach seems to have changed to crypto-vertical. However, although the IQ Option website mentions something about customers who actually buy cryptocurrencies, the trading platform only supports cryptocurrency-based CFDs.There is a separate section for Crypto CFDs with 13 assets. Most of the main market capital cryptocurrencies are compatible, from Bitcoin and Bitcoin Cash, to IOTA, Dash and Monero.The CFD area focuses mainly on cryptocurrencies. While all the virtual currencies in the cryptographic sections are paired with the US. The CFD section also includes cryptographic / cryptographic pairs such as LTC / BTC and ETH / BTC.The forex product category is the largest in the broker. It offers 22 currency pairs, from the most commercial to the exotic.The Binary Options section of today is simply called "options" and brings 23 negotiable assets to the spreadsheet. This asset selection mainly includes currency pairs, but also some indices, commodities and stocks. The percentages for these options are close to 95%, but in practice, they are generally a bit lower and cover the range of 85-95%, as do popular currency pairs such as the EUR / USD.Digital options are special options that provide a rate of return of up to 900%. This range of product options includes only currency pairs.

IQ Option RegulationYes, the IQ option has always been regulated. He already acquired his CySEC license in 2014. His license number is 247/14. All this means that the Cyprus Securities and Exchange Commission has considered that the operation complies with the MiFID standard. This makes it clear that IQ Option is free to offer its financial services throughout the EEA (European Economic Area). The brokerage is registered with the majority of the largest European regulators, such as FCA in the United Kingdom, Consob in Italy, BaFin in Germany and Regafi in France.Trading toolsIn addition to commercial tools that can be accessed directly from the commercial platform, IQ Option also seems to have tried to provide its clients with a type of commercial news section that should highlight business opportunities. The reason why we call this an "attempt" is that this news section does not update correctly and regularly.The sub-section on cryptocurrencies is the most recent and, once again, underlines the operator's focus on this new financial vehicle.