IQ Option has done a lot of promotions in the past and they really claim to offer some lucrative advantages. But can this broker be really trusted or is IQ Option a Scam?

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We ventured into our search to find this out. We have gathered that this broker rates average and has been around for quite some time in the industry. We display their low results in the graph which can be found below.

Since we are still researching about this broker, we cannot say for sure that this broker is 100% legit. In order to be sure of our traders’ satisfaction we recommend you to Proceed to SafetyProceed to Safety OR choose one from the list of Top Trustworthy Forex Brokers:

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IQ Option Broker’s Review

This Forex broker is based in Cyprus, and has also gained the regulation from CySEC. They claim to give a return up to 93% on traders, but mostly the average returns on their platform range within 80%. The broker does offer expiry time, but the ones which are available are too limited. The time frame for their charts is at the most 1 minute – which many traders might find unsuitable with their strategies.

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IQ Option Scam

If compared to other established brokers, yes, this is a new broker in the market. However, they have not raised any alarming suspicious signs yet, but the thing traders should watch out for is the fact  that just being a regulated broker doesn’t mean the broker is reliable, as we have seen in our trading experience. There are examples where even regulated brokers have not achieved great results.

IQ Option Withdrawal Methods

When you reach a minimum amount of $10 on your account, you will become eligible for a withdrawal from this broker. The Real Account holders will get their withdrawals within 3 working days while the VIP account holders will get their deposits within 1 working day itself. Also, IQ Option insists that you withdraw your funds via the same source which you used while depositing your amount. Also, withdrawal requires you to present your official identity proof documents to further prevent any money laundering activities.

iqoption payment methods

IQ Option Demo Account

IQ Option does offer you a demo account. This means that you do no need to deposit anything to avail their demo account feature on their platform. But using a demo account in this manner might give you the wrong idea about the trading scenario. This is because the demo account usually does not have as many people and as many activities going on as the real trading platform does. So how far that will be a good indicator of their real platform is unknown to us.

IQ Option Promotions and Bonuses

The bonus amount depends upon the type of account you have signed up for. It can go up only as high as 100%. While many other platforms are providing 150% bonuses, a 100% bonus might not be as lucrative for the trader.

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However, if you see it from the withdrawal point of view, then it is much easier to reach the trade volume of a 100% bonus than a 150% bonus. So this should make the withdrawals easier on this platform. Also, IQ Option gives you a wager which is 25 times the bonus amount.

IQ Option Complaints

Trading forums have received huge complaints regarding IQ Options’ withdrawal scheme. This has also set off some potential traders from investing here, apparently. Although we are not absolutely sure if the complaints registered are from genuine traders or just competitors, the comments which the broker has received about its withdrawals seem to be quite discouraging. But since we do not know them for sure, we cannot claim it. In such circumstance, we advise you to choose a broker that has been approved by Top10BinarySignals.com

Conclusion

After our expert investigation we independently tested all the services and features that IQ Option offers to its traders. We have given you the most important information about IQ Option and the general conclusion is that there are definitely more reputed brokers than this one with higher overall score.

We cannot confirm you that IQ Option is a scam, but neither can we guarantee you its safety nor legitimacy.

We are making continuous research to find out the most legitimate and trustworthy Forex Brokers – all approved to be safe and reliable. We recommend you to Proceed to Safety or to Choose a High-Rated Broker on Top10BinarySignals.com

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OR

Or Select Another Broker From Our List

After our expert investigation we independently tested all the services and features that IQ Option offers to its traders. We have given you the most important information about IQ Option and the general conclusion is that there are definitely more reputed brokers than this one with higher overall score.

We cannot confirm that IQ Option is a scam, but neither can we guarantee its safety nor legitimacy.

We are making continuous research to find out the most legitimate and trustworthy Forex Brokers – all approved to be safe and reliable. We recommend you to Proceed to Safety or to Choose a High-Rated Broker on Top10BinarySignals.com

Trust_logos_top10_BSIG_1_new

OR

Choose Top Safe Broker




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Aaron

Aaron

Hi!
I am Aaron Daughtry and this is my blog about Forex Brokers, Signals Providers and Trading Systems.
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