While IQ Option claims to be a legitimate binary options broker, many reviews are mixed. While some of the negative comments are genuinely from customers, most are just people trying to promote another service. Although most of the comments are clearly from rivals or people with ulterior motives, the overall trend of reviews seems to be positive. Nevertheless, this does not mean that IQ Option is a scam.
Easy To Use And Includes A Decent
The platform is easy to use and includes a decent iq option review app for both iOS and Android phones. While it works fairly well, the app has several drawbacks. For one thing, IQ Option uses a lot of mobile data, but other brokers’ mobile apps are far superior. The platform offers four types of charts, including candlesticks, which are customizable from five minutes to one month. While the layout is limited, the news feed is a valuable tool.
While IQ Option caters to traders in 178 countries, some of its disadvantages are inherent to its platform. Because CFDs are high-risk products, IQ Option is not suitable for inexperienced traders. Because it requires high levels of leverage, 71% of small investors lose money when investing with it.
Offers A Wide Selection Of Underlying Assets
As a regulated broker, IQ Option has made its trading platform easy to use. Its UI is easy to use and offers a wide selection of underlying assets. Users can use a wide range of charting tools to further enhance their trading capabilities. Additionally, the site provides numerous features to help newcomers to the forex market. In addition, IQ Option offers a mobile application to traders in some countries.
IQ Option offers a free demo account that has no expiry date. This lets you practice trading strategies before committing your money. This free demo account gives you access to a virtual market, so you don’t have to worry about losing money.
Types Of Accounts Available In Binary Trading
There are two types of accounts available, a basic and an advanced one. The basic account has a low minimum deposit and a 20% bonus, and comes with a copy trading tool. The advanced account comes with a higher minimum deposit and offers a 100% bonus. You can also deposit as little as $10 and use the virtual money to learn the basics of trading.
Getting started the best binary trading app in india is simple. You can use leverage or multiplyers to increase your profits. Once you’ve chosen a winning option, you’ll earn money.
Offers Free Personalized Training For Novices
IQ Option has an easy-to-use interface and offers free personalized training for novices. The company also offers live market feeds, indicators to keep track of market changes, and tutorials on various features. In addition, the user support of IQ Option is excellent, and it has a 24-hour multi-language customer support team. The team is always there to help and will answer any questions you have. If you’re not satisfied with the app’s customer service, then you should move on to another one.
Pocket Option offers a demo account, as well as a real-money account with a minimum deposit of $10. In addition to these great features, Pocket Option offers a variety of convenient deposit options, including credit and debit cards, PayPal, and wire transfers.
To sum up
To begin trading, select a binary trading app that suits your needs. Make sure that it offers a free demo account and offers personalized training assistance. Remember that binary options trading is much safer than other high-risk investments. However, you’ll still want to find a safe platform for your trades. You need to ensure that the app is regulated.