IQ Option has made quite a good reputation for itself over the years. In the beginning, they just offered binary options and forex trading. Now, IQ Option has expanded its selection of cryptocurrencies. Since Bitcoin, Ripple, Litecoin, Dash, and others started to be traded online, IQ Option belongs to the most popular cryptocurrency trading providers.
IQ Option was founded in 2013. The company is regulated by the financial supervisory authority CySec. This government agency ensures that the provider always operates in a fair and transparent manner. IQ Option is very popular thanks to their low fees and very clear platform. By now, the company has more than 15 million users. Through their sponsorship deal with Aston Martin Racing, IQ Option has by now also established a reputation outside of trading.
IQ Option is an active sponsor in motor sports
Without a doubt, IQ Option offers one of the broadest ranges of cryptocurrencies. Aside from Bitcoins, you can also trade Ethereum, Litecoin and Ripple. The IQ Option platform is very clearly structured; beginners will surely quickly figure out how everything works. This also applies to the mobile app, which additionally allows for mobile trading.
IQ Option also offers trading in binary options and CFDs. As such, various raw materials such as gold as well as funds, indexes, and shares can be traded using the platform. Trading professionals are sure to see all their demands met as well with IQ Option.
|Payment method||Credit card, Bank transfer, Neteller, WebMoney|
Opening an account and account types
It is very easy to open an account with IQ Option. You can directly make a deposit after registering. Subsequently, you can start trading in cryptocurrencies such as Bitcoin. A simple €10 deposit suffices to open an account. This low deposit amount is highly unusual and particularly benefits beginners. However, one might ask the question if it even makes sense trading with such low amounts. Usual deposit amounts for cryptocurrency trading range from €1,000–€5,000.
Deposits can be made with all established payment methods. The same applies to withdrawing money from your account. IQ Option stands out by quick pay-outs.
Safe trading with the provider
IQ Option is headquartered within the EU. The operations of IQ Option are therefore regulated by the regulatory authority CySec. Safe trading is also guaranteed by the extensive information and training material IQ Option offers to its registered users. The information material is structured such that beginners also quickly reach a certain level of knowledge. Various video tutorials are available to make it easier to begin trading. A lot of information is additionally available in German.
Users can directly and easily contact IQ Option with any questions they might have via email. The customer service also offers German-language support and usually responds within 24 hours. The platform has recently started offering a support chat to directly clear up any issues.
With 15 million customers, IQ Option certainly ranks among the market leaders. A very clear platform as well as transparent and professional behaviour towards users set IQ Option apart. It is very easy to trade Bitcoins, without wallet. Good customer services and many supported payment methods are further advantages.