Forex Broker

IQ Option review

IQ Option

On-line since: 2013
Country of origin: Cyprus
Regulation: FMRRC (Financial Market Relations Regulation Center) and CySEC
Payment options: Webmoney, debit and credit cards, Skrill, wire transfer
Minimum account size: $10
Minimum lot size: -
Leverage: -
Spreads: -

About the company:

IQ Option is specializing in binary options. The broker’s trading platform is designed with the use of he latest innovative technologies, and it suits both novices and professional traders. Over 300 thousand traders across the world use the IQ Option’s services.
There are two types of option-based derivatives with different closing time available to clients. Classic binary options have the expiration time from 15 to 60 minutes with 15-min. intervals. Turbo options expire in 1-3 minutes. Options with short closing time help to diversify the trading strategy and make use of high volatility periods, thus making profit from short-term market changes.

IQ Option 8/10 (votes 3559)
Author of IQ Option: Teresia | Date 2019-12-11
IQ Option is the worst broker ever I have been deal with. They have stolen my money. At the time I have request for a withdraw $1000 but they did not allow me to withdrawn it. When I contact with their support they asked me to submit documents for verification. I have submitted all the necessary documents on right way but they rejected them. Also, they cancel my profit and block my account by saying that I did hedge with other broker. This company employs thieves. So stay away from this broker.
Author of IQ Option: Alkin | Date 2019-10-15
Trading at IQ Option is quite decent. It is not perfect but it is good enough for me. The most important thing for me when it comes to financial investments is the security of my fund. And since I have proven that my fund is safe with this broker, I can already be at ease. However, I must warn you, they sometimes process withdrawal requests for a long period of time. One time, it took them a month to transfer a $250 withdrawal on my account. There could be delays, but you will still receive your money for sure.
Author of IQ Option: Rizal Ahmad | Date 2019-09-06
I don't prefer to trade with IQ Option broker in a fix account. I have used their MT4 platform, which is so complex and frozen most of the time. The order isn't executed in my desired position due to the slow platform, even when I want to open an order then I got so much negative slippage and SL do works. I think their service is bad. Now I think to transfer another broker. While I had a $356 withdrawal request to return back my invest and profit. But yesterday I received an email that IQ Option have been canceled my transaction.
Author of IQ Option: Soraya | Date 2019-03-01
I have been trading at IQ Option for six months now. I am a newbie in trading and this is my first ever broker. I've read a good amount of positive reviews about this broker and from what I read, I think that they are credible. Indeed, I believe that my investment is really safe with them. They are also supportive of me as they attentively guide me throughout my trading. However, my only problem is that their platform is not always stable. Even when there is no news announcement, it still lags. They always say that it will be fixed by the tech team but so far, I haven't noticed any change yet.
Author of IQ Option: fxseparuhnyawa | Date 2018-12-17
IQ Option is a very unprofessional broker to me especially for their slow MT4 platform. I opened an account with this broker last month after invited by my friend who has trade here and I thinking that this would be the best broker because my friend got almost 50% of his deposit in every profit. But in my first trading I had seen that the MT4 platform execution is delay frequently, so my orders slippage and also their prices quote requotes too. I tell my friend about the platform but he ask me to update the platform that mean I should upgrade my deposit amount too. I didn’t have another way just to keep on trading in this broker, I leave them.
Author of IQ Option: ImaniJuma | Date 2018-10-02
My binary trading experiens is worst with IQ option broker. Now I say about their scam. Their platform didn't support automated trading system too and the server is hell, which updates in the rush trading hours. If I have open positions then it is difficult to close this positions. So I had lost $540 so far. I say IQ options playing with me and take my profit. Actually, the deposit proceeding is easy but payment is very difficult with them through Skrill. So I am captured with them.
Author of IQ Option: fxjonggil | Date 2018-07-31
I have join IQ Option for almost 3 months, during this time the platform works smooth and their customer support is very friendly and helpful. But why I was not able to re-install the trading platform since last week. Every time I tried to install, the page shows an error message. I already sent the screenshots of the error but I heard nothing from them! I've tried to contact support team many times using the live chat but no one answer me. There is always the same message saying the support person is still with other customer and ask me to wait. If they not fix in in this week, maybe I'll close my account and find other brokers.
Author of IQ Option: Zaimy | Date 2017-11-22
Ideally I cannot cope with the huge slippage on Metatrader platform by Iq Option. I have been working on Standard account for only 4 months but due to few cases including floating loss nearly $100 before I have become hurtful with this broker. Other than that, last week my order was pending. I called to technical support but according to them my server and internet connection was the problem not from their side. I am really not satisfied with them. In fact, my forecast appeared to be incorrectly and worst part when the price goes down. In fact, I have decided a stop loss to limit the risks, but still the order was not executed and it never fix the losses. In that case, I lost nearly 90usd and it have deducted my margin. I am sure IQ Metatrader has been manipulated or controlled that’s why I cannot have the setup order run promptly for me. Please be careful with Iq Option guys!
Author of IQ Option: Whey | Date 2017-10-25
Nothing is good about IQ Option, I started trading with this broker August 15, 2016, and all I got is re-quotes, they do not respect my orders at all, even when I decided to withdraw my remaining money before they will clear everything in my account, I was unable to do it, IQ Option have a way of manipulating their platform, with unreasonable prices in their platform.
Author of IQ Option: pipShepi | Date 2017-10-02
I traded only for 2 months with this broker because of the horrible platform they have. I tried to call the support team they always put me on hold for ever...I had a standard account with a 50$ deposit, lucky me I didn't deposit more. I made a profit the first 2 weeks around 100$. During my trading sessions I use EUR/USD, USD/JPY, USD/CHF , GBP/EUR. The platform has delays in execution or crashes taking all the opened positions with it. I finally managed to close my account with them and now they are calling me to opened again an account because they will help me with this great strategy they have.... No, Thank you!
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