As a personal finance writer of Forex, Options, and financial instruments; the question that I am asked the most is if a broker is legit.
And if it is genuine, most traders still go ahead to ask about the trading conditions which make a broker stand out from the rest.
Admittedly I have had to answer a few questions here and there about the IQ Option too?
And it is quite important that today we review the platform.
Watch Video | Complete Guide of Binary Options.
So expect all info about this broker, scam checks, and certainly a genuine thought why IQ Option is the best in Options Trading, Forex, and ETF’s.
But even as you prepare to take that great first step to register, remember to trade responsibly: –
What is IQ Option Trading?
IQ Option is a simple trading platform that allows online clients to trade Forex, Option, and ETF’s on various instruments across all popular assets (cryptocurrencies, stocks, indices, currency pairs, and commodities).
IQ Option is a simple trading platform that allows online clients to trade Forex, Option, and ETF’s on various instruments across all popular assets (cryptocurrencies, stocks, indices, currency pairs, and commodities).
The company was founded in 2013 and it has since grown to gain over 25 million traders over the years.
Currently, IQ Option does over 1, 800, 000 trades per day where traders withdraw over $10, 800, 000 per month.
As of 2017, IQ Option accepted traders from 151 countries including: –
Find the rest of the List on the IQ Option Website.
Is IQ Option Legit?
Of course, it is. This is if to go by the fact that it is licensed and regulated by the Cyprus Securities and Exchange Commission (CySec). A body that regulates brokers in the European Union among other jurisdictions.
To obtain such licenses a broker has to meet specific minimum requirements which IQ Options supersedes – including: –
Safety of Client Funds – money to be kept in a secure account that is separate from broker business.
Protection of client data – IQ Option is fully SSL encrypted – this protects trader data from any potential hacks.
Details of Assets Available For Trading in IQ Option.
1. Stocks – IQ Option has 168 stocks that are available for trading in the platform. These include stocks by major companies such as Apple, Amazon, Microsoft among other listed corporations.
2. Options – With IQ Option users can Call Option (Buy) or put Option (Sell) different trade instruments across a varied asset range.
3. Forex – IQ Option Offers a huge range of currency pairs both for the traditional Forex trading and Cryptocurrencies.
4. ETF’s – Also Exchange Traded Funds are marketable securities that track a stock index on a range of assets. Prices of ETF’s change throughout the day as they are bought r sold. I IQ Option there are 21 ETF’s available for trade.
5. Cryptocurrencies – IQ Option allows users to trade over 10 cryptocurrencies which include all the top cryptos – Bitcoin, Ripple, Ethereum…
6. Indices – Traders who believe that particular stocks can increase overall in the future or in a short period of time can also speculate on particular indices in the market. IQ Option Offers 11 options to trade indices.
7. Commodities – You may also want to trade in the primary economic sectors by speculating changes in the prices of commodities such as wheat, gold, silver, platinum among other commodities. IQ Option offers 6 commodities for traders.
Signing Up With IQ Option.
There are so many easy ways that you can use to sign up for IQ Option – including signing up through Facebook, Google, or simply click on the image below to register.
You will be redirected to your new account with $10,000 demo units which you can use to practice for free. On real market conditions.
There are so many easy ways that you can use to sign up for IQ Option – including signing up through Facebook, Google, or simply click on the image below to register.
You will be redirected to your new account with $10,000 demo units which you can use to practice for free. On real market conditions.
Only note that demo accounts are solely for the training purpose and you can not withdraw any profits you make off your forecasts.
On the brighter side, it’s risk-free (you don’t lose real money with demo accounts).
Types of Trading Accounts in IQ Option.
Real Accounts – IQ option live accounts are activated with a minimum deposit of $10.
This also introduces you to over 70 options instruments to trade on either commodities, currency pairs, or stocks.
If you win you can withdraw your winnings and receive them within 24 hours. IQ Option minimum withdraw-able amount is $10.
VIP Accounts – VIP accounts are activated when traders make a lump sum deposit of $3,000. This opens up more features to the trader like trader getting a personal account manager, monthly reports on trading performance among other gifts and benefits.
IQ Option App for Trading.
For easy and flexible trading IQ Option has designed mobile-friendly apps both for Android and iOS users. That’s in addition to desktop apps and browser applications that are also easy to use.
IQ Option platforms also have chats and messaging tools that you can use to seek help without ever leaving your trading platform.
Even more amazing is their integration of educational materials and videos to the platform making it easier to learn anything about trading from anywhere in the world.
How To Use VISA to Deposit IQ Option in Kenya.
Step 1 – Login to your account or create an account if you don’t already have one.
Step 2 – Click on the deposit button on the sidebar.
Step 3.
IQ Option has 6 payment options available – including AdvCash, Neteller, Skrill, and Webmoney.
But for the purpose of this subtitle, we will use VISA. So click on the VISA button, choose the amount you’d like to deposit (from $10) then click the green go to payment button on the page.
A blank VISA card image will pop up. Fill in the required card details then click pay.
Note that IQ Option does not charge deposit commissions. Neither do they charge commissions on withdrawals
How to Use Skrill-Mpesa to Deposit in IQ Option in Kenya.
If you want to receive your funds faster when you withdraw then the best deposit option would be either of the online wallets.
For the purpose of this subtitle, we will show you how to make deposits to IQ Option with Skrill. If you are in Kenya you can as well fund your Skrill account with Mpesa first (this option works for Neteller too).
Step 1.
Click the deposit button on your sidebar.
Step 2.
Select Skrill from the payment options > select the amount you want to deposit then click go to payment.
You will be redirected to a new page where you will enter your skrill login details.
Your deposit will be processed when you click the login button.
IQ Option Contact Details
You can contact IQ Option through a number of channels including Email, Live Chat, Contact forms, or landline calls. The platform responds to all queries within 46 seconds.
If you’d like to get personal care with the fastest response rate, upgrade your account to VIP. which guarantees a personal account manager.
IQ Option Email.
Is IQ Option a Scam?
Basing our argument on overwhelmingly positive reviews that we have seen online and on social media platforms about this broker, we say it is genuine.
That coupled with the fact that it is open and puts everything about the platform out there for public knowledge.
And not to mention that it already gives an upfront warning about the risk of trading which most brokers don’t do.
Basing our argument on overwhelmingly positive reviews that we have seen online and on social media platforms about this broker, we say it is genuine.
That coupled with the fact that it is open and puts everything about the platform out there for public knowledge.
And not to mention that it already gives an upfront warning about the risk of trading which most brokers don’t do.
Risk Warning.
When trading any of the underlying assets on IQ Option know that the market is volatile and you can lose so much money online. To avoid that, take your time trading with the demo account to learn more about the platform. Also, do your research about any service which you don’t understand before risking your money. Above all only risk what you can afford to lose.
17 Legit Ways to Make Quick Money in a Day
In today’s economy, it can be tough to make ends meet. If you’re looking for ways to...
Top Traders on Quotex ++ Earnings And Strategies
Quotex, the most popular trading platform in 2022, has seen a surge in popularity in recent years....
Make Olymp Trade Deposits | M-PESA PrePay VISA Safari Card
Last updated on 28/07/2022 – Olymp Trade has now integrated with Mpesa. You can deposit...
Quotex Kenya Review: Is It a Scam or Legit Broker?
If you’re looking for a new broker to trade with, you’ve probably come across Quotex in...
Beginner Strategies for Options Trading on Quotex
You’ve probably heard of options trading before – but did you know that there’s a...
Best Options Trading Platforms in August 2022: Best For Beginners
It’s hard to find the best options trading platform since there are so many out there. To make...
Tagged With : How to deposit to IQ Option in Kenya • How to deposit to IQ Option Using Skrill • How to deposit to IQ Option using VISA • IQ Option Africa • IQ Option Asia • IQ Option Europe • IQ Option in Africa • IQ Option in Asia • IQ Option in Europe • IQ Option in Kenya • IQ Option Kenya • IQ Option Trading in Kenya
