IQ Option broker
The intermediary IQ Option was created in 2013. It became one of the most famous intermediaries in Europe. It is meantto first-timers. It looks like a game. This fact became the main reason in the growing popularity of IQ Option. Let`s try to figure out what this intermediary really is.
IQ Option Bidding Terms
A demo account is opened in a couple of clicks, it is absolutely free and no hidden fees. However, one will be urged to switch to a live account. But! Bidding conditions on test and true modes may vary significantly. If one`sbidding strategy makes a profit on digital cash, it will not alwaysplay out as well on a true account.
Judging by points of view on the forums, the intermediary can arbitrarily change the percentage of payments in respect of some (very profitable) customers.
The cost of real contracts starts from $1. There are two types of working contracts. The first allows to change the expiration time in increments of 5 minutes, the second - in increments of 15 minutes. Currency pairs and some other assets are available for bidding.
Bidding some OTC (Over the Counter) contracts is possible even on weekends. The price at the same time moves in some horizontal channel. Nota bene! At weekends, you trade with a smart quotation generator, which either modifies past data beyond recognition, or simply creates new ones.
Licenses & Regulations
IQ Option is a subsidiary of IQ Option Europe Ltd. All rights to the domain and bidding platform belong to Alta Vista Trading Limited.
The company has CySEC licenses № 247/14 issued by the Cyprus Securities and Barges Commission. The licensing date is July 30, 2014. The main task of CySEC is to protect users from the unfair broker`s work.
The bidding platform is represented by clients on PC, Mac, Android, iOS, as well as on an online client for an Internet browser. All clients have a unified interface and are synchronized among themselves. By bidding on your home computer or through a browser window, you can continue bidding with any other supported device without problems.
- Manageable and easy bidding platform;
- Unified interface;
- Quick registration;
- Free demo mode.
- Too limited choice of expiration dates (long-term traders pass by);
- The inability to trade around the clock for some instruments;
- No fixed interest on payments (the algorithm for changing it is not transparent);
- Limited selection of contract types.
Despite all the shortcomings, at the moment, IQ Option is one of the mostefficient intermediariesfor bidding. Its success is due to the bidding platform created considering the wishes of existing trading agents. IQ Option is ideal for those who have not had experience in bidding in financial markets and would like to act as a trader.