IQ OPTION: Ultimate Binary Options Guide in 2020

Introduction

IQ Option Broker is the new generation of trading, it assembles a variety of instruments into one place with a responsive and smoothy platform.

Performing since 2013, This platform has been ranked first for the trustworthy from traders to this broker and, being a leader for the binary options instrument.

How IQ Option work?

Simple, this trading platform gives the ability to the trader or investor to take part in the financial market with the easiest way possible in order to make a profit speculating the assets price.

Broker Overview

Company Name	IQ Option LTD
Broker Regulation	✔️
Demo Account	$10,000 Demo Account
Available Assets	Binary and Digital Options Stocks ETF Foreign Exchange
Minimum Deposit	$10,00 USD
Trader’s Rating	⭐⭐⭐⭐⭐

Trading Instruments

This trading platform gives various instruments to be traded and in the same wave, we can take part in each of them at the same time. Those instruments includes famous assets.

• Binary Options: This trading instrument allows the trader to speculate the price and place a trade with an expiry time. One of the directions either higher or lower than the strike price.
• Forex / FX / Foreign Exchange: This is the most popular asset in the trading industry. Over 188 live currency pairs with multiple leverages ( Multiplier ).
• CFD on Stocks: IQ Option Platform allows the trader to take part and trade CFD on stocks. Over 197 stock company including most famous ones such as Facebook, Tesla, Amazon, Google, etc…
• Cryptocurrencies: Investors of this platform can also trade and predict the next movements of the crypto’s price. Possible to make a profit on over 24 Crypto Coins.
• Commodities: Unbelievable but true, this broker gives the ability to trade also popular commodities such as Gold ( XAU / USD ). Crude Oil WTI ( USOIL ). Silver ( XAG / USD ) and they keep updating the list.

IQ Option Trading App

IQ Option Broker made comfortable trading for every trader with the possibility to trade on multiple types of apps like the following.

Web Application	Desktop Application	Mobile Application
Start Trading Using Web	Start Trading Using Desktop	Start Trading Using Mobile

Account Types

Demo Account

• Practice Account: IQ Option broker provides as default for the beginners a free demo account with $10,000 virtual funds to give the ability for each trader to practice and be familiar with this trading platform. Also for advanced traders that are testing their new strategies to make their trading more perfect.

Note that the money used in demo account can not be withdrawn.

Real Accounts

• Standard Account: This type of account is accessible with a $10,00 USD deposit that is considered as the lowest deposit possible for the trader, without any restrictions on trading functionality. This account provides access to over 70 assets with the possibility to withdraw the available balance

• VIP Account: You can gain this type of account once you reach $800 USD of deposits in the current month with a requirement of $15,000 trading volume. This type of account is only for Non-EEA countries.

VIP Account Features: Once you gain access to VIP you will instantly receive Firstly, a personal account manager ( ensure you have inserted your phone number ). Secondly the Increase in profit payout up to 100%. Thirdly, Priority withdrawals, and ticket resolving on support. Finally, Free tournament access with a real prize pool.

Account Funding

Deposit

IQ Option requires a minimum deposit of $10 USD / EUR / GBP, you can select your favorite payment method including without any hidden fees.

To start the process of deposit you need to go to the account verification process which including providing your personal details In addition, Your phone number. Depending on which country you are from, the verification of your account differs.

This Broker offers a bunch of payment methods to deposit and withdrawal to or from your trading account. Users can use their Credit or Debit Card such as Visa, MasterCard, Maestro, In Addition, they setup electronic wallets such as Neteller, Skrill, Perfect Money, Advcash and Cashu.

Withdraw

To start the process of withdrawal you must have verified your account with a valid identity document. Take note that without verification withdrawal can not be made. the required documents are like below

• A photo ID, such as a passport or driver’s license
• In the case of a deposit made via a credit or debit card, you must also upload an image of both sides of every card used. Hide the CVV number and the middle digits of your card number. Keep the first six and final four digits visible. This is for your own security.

Depending on the deposit method used on your account, withdrawals are being sent to the used one. In the case of deposits via Credit or Debit card you must withdraw the initial amount deposit, the transaction will be marked as a refund, However, the profits are being sent to the electronic wallet ( e-wallet ) of your choice.

IQ Option Trading Process

How to trade IQ Option? Trading with this broker is the easiest task you can learn, we’ve made a step-by-step guide on how to take a trade on this platform.

1. Select your Instrument – Start by selecting your favorite asset, for example, Binary Options, Forex, or Stocks.
2. Select a currency pair – Select your favorite currency pair to take trades on, for example, EUR/USD, GBP/USD, USD/JPY, etc…
3. Set your expiration Time – In case of taking part in Binary Options, you must select the expiration time of the options ( 1 min default ).
4. Choose your multiplier – In case of taking part in Forex or Socks you must select your multiplier ( The higher multiplier the higher Risk/Reward).
5. Choose your trading amount – Input the trading amount that you want to invest in the market.
6. In Final, take your trade – Depending on your decision take your trade-in one of each side! for Binary Options “Higher” or “Lower” or in Forex, Stocks, Commodities “Buy” or “Sell”.

Features

IQ Option Tournament

This trading platform set up a contest for traders to battle for a real prize pool that will be distributed among the top traders who’ve reached the highest amount possible. This Tournament is being open for everyone who is passionate to participate into this contest, the rules are simple reach the highest amount and win a real prize before the deadline

Each tournament have a prize pool and duration, prizes pool is different and each tournament as IQ Option broker have as a minimum prize for qualified traders $60 USD and the highest one (Monthly tournament) is up to $2800 for the leader #1

Depends on the tournament type, the entry fees differ as low as 2$ up to 20$ per single entry, you can make multiple entries if you fail and blow the virtual amount with a rebuy that is same as entry fees.

The prize pool of the tournament increase when traders do rebuys and the prize of qualified trader increase too, once you are qualified for the prize the prize will be credited to the account instantly after the end of the contest.

IQ Option Tutorial

This broker has made things more simple and easy, offering an education for the new traders for introducing the instruments and enhancing the knowledge of trading.

IQ Option Platform	Account Verification	Deposit Funds	Withdraw Funds	Options Trading
Watch Tutorial!	Tutorial Video!	Watch Tutorial!	Tutorial Video!	Watch Tutorial!

General Risk: Your capital might be at risk