Is IQ Option Scam Forex Broker or Legit?
Read 100% Detailed IQ Option Review by ProTraders
IQ Option Demo Account & Deposit Methods – See Below!

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BrokerIQ Option
Official Website URLwww.iqoption.com
HeadquartersYiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus
Support Number+44 20 3318 7173
Support TypesLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$10
Minimum Trade Amount$1
PayoutUp to 91% (in case of successful trade)
Free Demo Account Open FREE Demo NOW
Account TypesDemo, Real, VIP
Deposit & Withdrawal MethodsCredit Card, Wire Transfer, Skrill, Neteller, Boleto, Qiwi, WebMoney, CashU, iDeal, Fasapay
Number of Assets500+
Account CurrencyUSD, EUR, GBP, RUB
Mobile Trading Yes
Overall Score8.1/10

Full Review

Launched in 2012, IQ Option is a Forex and CFDs trading broker with an interactive and user-friendly website and interface. It is fully capable of providing online traders with an enhanced investment experience. One of its best characteristics is that it is regulated by CySEC and operates under its guidance and full approval. The license is issued on 30.07.2014 and the company is registered under No. 327751. It has an official registered address at: 19, Spyros Kyprianou Avenue, Silver House Business Cener, 3rd Floor, 3070 Limassol.

Review Verdict: IQOption is NOT a Scam

Visit IQOption Official Website

*Risk Warning: Your capital might be at risk.

We came across mainly favourable reviews about the Forex broker and therefore we decided to do a thorough research about its withdrawal procedures, trading platform and customer support service. To our surprise, IQ Option is a legit and reliable platform which can aid any user accumulate a solid additional income on the Internet.

The review that follows below addresses all the reason why we are of this precise opinion. Continue reading if you would like to learn more exclusive details about the Forex broker platform.

Interesting Fact:

IQ Option has won numerous Forex platform awards, including Most Innovative Forex Broker and Best Trading Platform. It has been the subject of several positive articles published in established and prominent magazines. The brokerage is also a current and ongoing partner of Aston Martin Racing.

How to Use IQ Option?

It is very easy to put the Forex broker to good use for the purpose of making solid profits
. Actually, there is nothing complicated about the procedure. All that users have to carry out is the initial sign up procedure.iq-option-how-to-use

They will have to give in some acquired personal details such as a legitimate name, email address and telephone number. Then, they will have to place a minimum deposit of $10 which is one of the lowest possible in this sector of the online industry.

Traders will then receive a call from their very own Personal Account Manager who will guide them all the way through the process of customizing their profile according to their exact preferences and wishes.

IQ Options operates under some of the strictest Internet safety and security measures. Data provided by the users is stored in several servers located at 3 different countries around the globe.

No Download Required

This Forex broker platforms is almost entirely browser-based. Its interface is even available in several different languages such as English, German, Russian and others, so online traders will not have to worry that they will not understand anything. No additional downloading of software or its applied updates is necessary, everything is done automatically.

Review platform. IQ Option from IQ Option (Official group) on Vimeo.

How to Get Started with the Broker?

Here are the 3 simple steps which one has to undertake in order to get started with IQOption:

  • *Sign Up
  • Place Initial Deposit
  • Trade & Profit

*Risk Warning: Your capital might be at risk.

As mentioned briefly above, the sign up procedure is completely hassle-free and smoothly-going. If traders have any kind of additional questions, then they can turn to the 24/7 customer support team or their Personal Account Manager at any time. One can reach them via live chat, telephone or email.

The only monetary amount which one has to place is the minimum deposit of $10. Of course, it would be best to invest a higher sum as the odds for a successful and more profitable trading experience also increase with it.

Review Verdict: IQOption is NOT a Scam

Visit IQOption Official Website

*Risk Warning: Your capital might be at risk.

Expected Returns

The average return on investment rate of this Forex broker is *91% which is a very high one. In order to verify the number, our team personally inspected numerous user testimonials, only to find out that even complete newcomers have managed to make a solid profit.

Another factor which certifies IQOption’s authenticity is the fact that it is the winner of a number of prominent awards and subject of approval from CySEC. It has been drawing more and more satisfied clients towards its platform over the years and there is a good reason for this.

The Forex broker has over 11,000 registered user accounts at the time being and their number increases by the hour. All in all, IQOption is a good choice for traders who want to place their funds in secure hands and multiply them in a steady manner.

* in case of successful trade

IQOption Cost

Registration and utilization of the Forex broker platform known as IQOption is absolutely free of charge. However, in order to proceed from a demo account to a regular one, users have to place a $10 minimum deposit. Remember, it is one of the lowest one will find on the Internet and is appropriated only with the purpose of increasing your personal earnings.

Is IQ Option a Scam or 100% Legit?

It is always important to go with a licensed and regulated broker to protect yourself from scams that exist online. IQ Option is one of the most reputable names in the Forex industry and traders who utilize it are guaranteed to have a safe and secure trading experience.

Trading Platform

iq-option-trading-platformIQ Option operates on its very own custom built trading platform. It is highly intuitive and easy to navigate. There is a wide range of assets that users can choose from as well from categories such as currencies, stocks, commodities and indices. It is possible for one to adjust his trading strategies by applying the price quotes that are streamed live.

A web-based virtual Education Center is also provided, so that users can learn more about investments and enhance their skills. Mobile trading is available through their app which has some very amazing features such as real time trading.

Account Types and Bonuses

IQ Option ensures that their customers are treated fairly regardless of how little or how much they are going to invest. This is the reason they offer only two types of accounts. They are described in detail below:

  • Demo Account:Anyone who wishes to practice his trading skills a little bit before beginning the actual investment process can do so with this account type. It is available completely free of charge.
  • Real Account:

    It can be set up with a low deposit of only $10. Users are also entitled to free weekly Webinars, access to competitions, trading signals, buy back option.

  • VIP Account: This one has been designed for traders who are looking for a more upgraded and augmented investment experience. It includes all of the special features of the Real Account, plus an invitation to monthly analysts sessions and same-day withdrawals.


Deposit and Withdrawal Procedure

The deposit and withdrawal methods include Wire Transfers, credit cards and eWallet options including Skrill, CashU and WebMoney. The minimum deposit amount is $10 for a Real Account and $1,000 for a VIP Account. If one has a Real Account, then withdrawals are processed within 3 days and it may take 3 more days for you to get your money.

If the user has signed up for a VIP Account, then the said are completed in 24 hours. To prevent malpractices, IQ Option has established a verification process when traders apply for the approval of a withdrawal request.

Customer Support Service

IQ Option’s 24/7 customer support is one of the one of the best in the Forex industry. The level provided guidance and assistance is very high because is comprised entirely of professionals who are friendly and skilled. Traders can expect to get their issues resolved fairly quickly thanks to their extremely helpful team.

The support service is available during trading hours and traders can contact them via Skype, live chat, email or through their web form. Traders also have access to a Personal Account Manager if they further advice.

User Testimonial:

testimonial-1IQOption is one of the best Forex broker I have ever opened an account with. Even though its variety of accounts is limited, it makes up for this with high payouts, an incredible success rate and the ability to learn while you are actually making a profit. I was just a simple graphic designer making my way through life before I stumbled onto this platform. Nowadays, I am a financially independent young person with lots of free time on my hands. You could be like me too!”

Fiona Morgan, Cardiff, Wales


Good_choice_stamp_top10_BRDrawing the line on this Forex broker, we would have to give it the due credit as a legit and trustworthy partner to anyone who wishes to carry out successful financial operations online. From the ever-increasing number of satisfied users to its excellent and properly working special features and the numerous awards it has won, IQOption is one of the best choices for novice and seasoned traders.

One can safely open an account with it and proceed to invest and accumulate solid earnings, because it operates with the approval of CySEC and complies with some of the Internet’s toughest security measures and standards.

General Risk Warning:
The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions

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