IQ Option real feedback
Iq option - my feedback about the company, advantages and disadvantages
As practice shows, it is not always possible to select the ideal binary options broker, which according to its criteria would be exactly suited to your specific requirements. The thing is that some brokerage companies can offer excellent conditions in terms of technical terms of trade, but requiring a considerable first deposit and high option value, others offer the highest percentage of yield, but are technically inferior to other option brokers, while others offer a large number of different Variations of the option purchase (not only Call and Put), but inferior at the same time in profitability and give the opportunity to trade only with minimal investment of $ 500 dollars., Which is not for everyone on the shoulder, etc. cients.
Therefore, many traders try to select for themselves such a broker of "binary options" - which will provide the most important moments - free access to the market (not limiting the size of the initial deposit to the trader), profitability, quality and convenient, functional interface of the trading platform. The most important for the trader when choosing is: minimum deposit, minimum option value, yield percentage, time of transaction expiration and availability of technical functions of the trading platform, which are necessary based on the use of one or another trading tactics and strategy.
Therefore, it is unequivocal to say that the Iq option company, or another company is bad or good, is to say nothing about how suitable one or another broker depends on the personal requirements of each individual trader. You need to choose such an option broker, in which positive moments - there must be more than negative - and which - is most suitable for your trading strategy. Perfect NO.
Having tested and traded for a while with the Iq option, I highlighted some positive and negative points that you can find below. In general, I can note that Iq option is a fairly good broker, but not everyone will be suitable for some reasons in technical terms, the company is mostly focused on beginning traders - the attractiveness of the possibility of minimum investment, but also attractive for professionals - its Profitability and functionality of the trading platform.
What are the pros and cons of IQ Option
Cons of the company Iq option:
- Technically disadvantaged trading terminal - this conditional definition means the terminal's relative disadvantage compared to the famous platform Metatrader 4. In fact, the terminal Iq option is ten times higher than the terminals of other option brokers. In addition to trading in the browser, this is the only broker whose terminal can be installed directly on your PC. Recently, the terminal has been significantly improved and perfected, which in turn affects the positive trade of the trader, so this can be attributed rather not to minuses, but to the advantages of the broker. As I said, this conditional definition has in view of the terminal's relative disadvantage compared to the famous platform Metatrader 4.
- Time for transaction expiration - which allows you to trade only through intraday trading. Therefore, long-term trading tactics and strategies (a week, a month or more) can not be used;
- The lack of purchase of such variations of options as - Touch, Touch Up, Touch Down, No Touch, etc., which again limits the trader in using some strategies;
- A limited training course for demo traders;
- Lack of opportunities for "passive investment";
Pros of Iq option:
- A demo account for which virtual funds are automatically credited to the balance, the amounts of which are sufficient to master both the trading platform and other key aspects of trading binary options, in addition; - Possibility to replenish demo account by virtual means. In the event that the amount allocated for opening a demo account was not enough for you to master the trade, you just enter the amount you need and your demo account is replenished with virtual funds.
- The size of the first deposit - from $ 10 dollars - which is today a big rarity in the market of binary options;
- The cost of one option is from $ 1;
- The yield of option contracts is above average - up to 86% of the option value "The amount that will be credited to the account in case of a successful transaction".
- For individual assets, trade is available even on weekends;
- Intuitive trading platform;
- A high and well-chosen list of instruments for trade;
- Friendly and responsive customer support in 24/7 format;
- Use mobile applications for Android and Iphone.
From myself I want to add: if you want to approach more professionally to trade in the market of Binary options - do not just limit yourself to the interface and tools of the broker's trading platform with which you are working. You can always download the professional trading platform MetaTrader 4 (opening a demo account) on any Forex broker site, which is ideal for analyzing the market situation - in this case, you just need to find an option broker with the highest yield and matching your financial opportunities (deposit, Size of the transaction) is not obsessed with the functionality of the brokerage trading platform.
Binary Option, or as it is referred to as "digital option" "option with fixed return" option or "all or nothing". The word "binary" refers to the binary - zero or one (yes or no), that is, there are only two options for completion of the transaction with known results of the profitability…