IQ Option Trading Platform
IQ Option was established in 2013, since that time the broker has maintained its reputation of being an excellent choice when it comes to choosing a binary trading platform. To traders in South Africa, this broker offers proprietary platform, which is actually custom made.
As one of very important information we got from IQ Option broker review is that this broker offers one of the lowest minimum deposits in the industry, just $10. However, payouts can go up to 91%*, which is very attractive for South African traders, interested in joining IQ Option platform.
Minimum investment is set to $1. With IQ Option, traders can trade in following currencies: USD, EUR, GBP, JPY, RUB, CAD, AUD and NZD.
*Amount will be credited to account in case of successful investment
IQ Option Trading Features and Services
It is specialty of IQ Option broker to provide a wide range of options for beginners as well as professional traders. There are over 500 assets to select from. Traders from South Africa are given privilege to trade in commodities, currencies, stocks and indices.
Side by side, they are given freedom to choose short time or long time trading options to meet their needs.
With IQ Option, traders can choose between trading with Turbo, Binary and Classic trade options. Available time frames are: 60 s, 2 min, 5 min, 15 min, 1 hr and end of day.
IQ Option has gained reputation of an innovative and user friendly platform that offers demo account service to help out all traders. IQ Option demo is perfect for traders since there is no threat of risking funds due to trading with virtual money on this demo account.
Instead of real money, virtual amount is invested for each trade. Traders are given just 13 different trading assets. Our IQ Option broker review shows how demo account improves skills and help in learning best trading techniques and fundamentals that can give long term benefits.
Apart from demo account, video tutorials and eBooks are the well structured learning tools that make it certain to educate traders and support them in becoming successful in the binary trading market. To earn more and more profit, South African traders have on disposal to select among variety of educational tools.
Is IQ Option Going to Offer Forex and CFDs Trading?
Forex and CFDs trading are the newest additions to IQ option trading portfolio. Traders will be happy to know that they can now expand their investment plans with these popular financial instruments.
IQ option forex trading is the type of online financial trading that is focused on currency pairs. On the other hand, IQ option CFD trading is based on contracts for difference between the strike price of the asset and the closing price. Brokers who choose to offer these instruments are obligated to strictly follow the licensing rules which means that the ultimate goal is customer protection.
IQ Option Trading Accounts
As IQ Option has a preference to make its website simple and user-friendly, therefore just two account types are planned for customers. These are known as VIP account and Real account.
IQ Option Real Account
Real account holders need to deposit minimum $10 whereas traders can receive buy-back more than 45%*.More than 500 assets are available to begin options trading.
Weekly webinars are presented to understand trading terms. In case, traders have deposited $100, they are eligible to use trading signals free of cost. Funds can be withdrawn within three working days.
IQ Option VIP account
To become the member of VIP account, the interested traders have to submit minimum $1000. Personal manager and VIP webinars are given on guaranteed basis.
To receive maximum profit, South Africans can get monthly trading analysis. All trading assets, including stocks, commodities, currencies and indices are on disposal. Fast withdrawal within a day is possible for VIP account holders.
*“Amount to be credited to account for a successful trade.”
*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