IQ Option in USA - Review 2021

Trading Platform is the best platform for beginners.
What is IQ Option? One of the best trading platforms on the current market. Let me introduce you IQ Option and it's feature in USA.
February 2, 2021

IQ Option Review in USA

The brokerage company was established in 2013. Its main office is located in Cyprus. IQ Options offer more than 300 assets to trade. These include stocks, currencies, commodities, ETFs and crypto. The service has attracted over 46 million users for 2020. IQ Option broker offers its services to residents of most countries of the world.

Besides access to MT4 and MT5, IQ Option has its own trading platform. Software was developed by IT and financial professionals with advanced analytical tools to facilitate trading for traders with various skills. The platform provides a significant set of analytical tools that help in trading (these are charts, indicators, signals, news feed, robot trading etc.). It allows you to view multiple charts, perform historical and technical analysis and have access to a full-featured demonstration account. The platform has won many industry awards for modern, intuitive and responsive design and features. It supports various operating systems and you can use and download it for Windows, Mac OS X and even Ubuntu. There are also custom mobile trading apps for iPhone and Android that allow you to trade on the go.
Advantages if IQ Option:
  • Quick registration procedure;
  • The ability to work with monetary units of different countries;
  • Low minimum deposit of only $10;
  • Mobile app;
  • Demo account with $10,000 virtual account;
  • Round-the-clock customer support;
  • No commission for depositing and withdrawing funds;
  • Deep and informative section with analytical materials and economical news.

Regulation & Reputation

One of the main issues that worries both novice traders and professionals is the broker's reliability. In this respect, IQ Option stands out favorably from many competitors: it is a fully regulated platform. Its activities are regulated by the CySEC. The license number is 247/14. At the moment, it is one of the most reputable financial regulators in the world. Only those companies that have been operating in the financial market for at least 3 years can obtain a regulatory license. Besides, these companies must meet strict requirements to obtain a CySEC license, which not everyone can fulfill.

What Assets Can You Trade with IQ Option?

You can trade over 300 different assets on the platform. These include stocks, currencies, commodities, ETFs and digital coins. The range of trading instruments is wide and IQ Option is constantly adding new options to its platform. You can use a variety of financial products to trade these markets.

  • Options. You can trade digital and binary options. These are the broker's most popular financial product. You can find options for a number of assets. The profitability is very high, it reached 80 – 95% compared to other binary options brokers. You can also choose different expiration time, from 60 seconds to several days for this type of trading instrument. 54 options are available to choose from.

  • Forex currencies. The company offers 41 different currency pairs for trading. The spreads are very tight and less than 1.0 pips in the EUR / USD contract. Moreover, the broker offers leverage to multiply the win. Furthermore, you can adjust the leverage before each trade.

  • Stocks. You can trade stocks through CFDs (Contract for Difference). On the site, you will find 181 company shares. You can easily invest in rising or falling prices through CFDs. The shares are available for international stock exchanges. Plus, the spreads are low and you can profit from the high volatility.

  • Crypto coins. Over the last few years, cryptocurrencies have been very popular due to rapid price changes. You can trade these assets through CFDs and invest in the rise or fall of cryptocurrencies. Around 20 different assets including bitcoin are available and you can use huge leverage up to 1: 100.

  • Commodities. Trade in commodities such as gold, silver, platinum and crude oil with a maximum leverage of up to 1:20.

  • ETFs. These are a good way to build a portfolio with many different assets. ETF is an exchange-traded fund. |There are various assets and markets included in this fund. You can trade 24 different ETFs on the IQ Option platform.

Trade Types and Payouts

IQ Options specializes in options. The value of an option strictly depends on the value of the underlying instrument. You can buy or sell options. But it does not mean that you become the owner of the main instrument. Buying and selling options means that you are making a forecast of the future price of the underlying asset. If your prediction is correct, you will make a profit. Typically, it will be a percentage of the amount you have invested. If you are wrong, you will lose. Your loss will be equal to the amount you put on that particular trade. You can trade two options types:

  • Binary options are sometimes referred to as high-low options. You must decide if the price of the asset will go up or down. The moment you open a position indicates the strike price, which is equal to the current price of the asset. The payout is fixed and is estimated as a percentage of the amount you invested in the trade. It varies for different assets and depends on market volatility.

  • Digital options. They combine the potential of a binary option and the rise in the price of the underlying asset. The main rule is the same- you must predict the price movement in the future. But the payout is not fixed. It depends on the degree of price change in relation to the strike price. The payout will be higher if you choose a strike price far from the current market price. This gives you the opportunity to earn an income of up to 900%. IQ Option offers fixed expiration times for digital options, and they are 1, 5, and 15 minutes.

Mobile Trading

Another feature proving that the broker follows modern trends is the availability of a free mobile app that can be used by any client of the company (iPhone, Android). The program does not differ in functionality and convenience from version for pc. You can sign in from a smartphone and receive a number of significant advantages: instant access to the trade room at any time convenient for him (only a stable Internet is needed), the ability to conduct a full analysis of asset dynamics, test strategies, trade on the market, track the account status, withdraw earnings from deposit, etc.

Trading Accounts Offered

To get access to the IQ Option trading terminal, you will need to open an account. Currently, the broker offers 3 account types:

  • Demo account. This is a demonstration version designed to train novice traders. This account is absolutely free and becomes available to everyone right after the registration. Moreover, there are no time restrictions for using it. The broker provides 10,000 virtual US dollars for users to allow them to get experience of online trading. The novice users can use this money to buy options, develop their own strategy and test all kinds of trading tools.

  • Real account. The minimum start-up investment is only $10. After that, the trader can enter into transactions with real money and receive real profit from the trade.

  • VIP account. To get a privileged account, you need to top up your account with one payment of $3,000 or more.

Bonuses & Promos

The company IQ Option is very customer – oriented and offers many incentives to its clients. Unfortunately, in December 2016 IQ Option was forced to remove all bonuses from its platform due to the changed rules of the CySEC regulator. So there is no deposit bonus on the site now. The company regularly organizes special tournaments, as a result of which traders can significantly increase the size of their deposit. Moreover, these tournaments are also open for beginners.

The tournament is a competition held among binary options traders. You can start by paying a fee, there is also an opportunity to participate free of charge. The key task of the player is to maximize his net capital. As soon as the tournament ends, the prize fund is distributed to the first 9 – 30 places. After it, the money is immediately sent to the real account of the trader after the end of the competition.

Most often, the prize fund of the tournament is about 70 percent of the contributions. It applies, of course, to paid tournaments. You can also take part in competition without fees, but the prize is much less in this case. The number of participants is not limited.

Cryptocurrency Multiples

IQ Option allows traders to invest in digital assets using a multiplier, which will increase your income several times. The mechanism helps get good profits on minor price changes. This tool came to crypto trading from forex and immediately became popular among traders. Thanks to the unique option, you have the opportunity to trade cryptocurrency with the lowest deposit and receive unlimited earnings using borrowed funds that the broker provides you.

Trading Costs and Fees

The broker applies floating spreads for the trades. The size of the spread always depends on the chosen trading instrument. The details are listed on the official site of the company. These fees may as they are dependent on market conditions and liquidity. Due to certain circumstances, the size of the spread can be either higher or lower than the level indicated in our table. The table also shows nightly commissions for maintaining open positions.

There is also a withdrawal fee if a trader wants to receive money via bank transfer. It will cost $31 or the equivalent in a different currency.

The company charges a fee for an inactive account. If a trader leaves his account idle for 90 days or more, he will need to pay $10 on a monthly basis.

Customer Support

Round-the-clock support service is one of the winning features of the broker. The company provides several channels for interaction with the technical support team:

  • Telephones (lines support multiple languages of the world);
  • Live chat;
  • Email.

For clients with a VIP account, the services of a personal manager are provided. Judging by the feedback from users, technical support is working fine, specialists respond to requests within the shortest time. Some reviews report that the user received feedback in less than a minute in most cases.

IQ Option has developed its own training system, which is available to everyone on the site in text format and video tutorial course. The training program will allow traders to learn about binary options and the main concepts, the main methods of market analysis, financial risk systems, as well as the most common trading strategies and tactics.

Deposit & Withdrawal

The starting deposit is $10. You can top up your account using several deposit methods - bank cards, traditional bank transfers, e-wallets, ADV Cash, AstroPay and Skrill.The processing of deposits takes a very short time. In most cases, you will see the transferred money in your trading account almost instantly.

You can withdraw money as soon as you receive your first profit. The process is quite simple and does not involve complex steps. The minimum amount you can get is $2. Withdrawal applications are processed within 24 hours, but the duration of your payment varies depending on the chosen method (for an e-wallet, it is about one day, and the bank transfer can take even a week). All traders will find a suitable channel, IQ Option withdrawal USA works as efficient as everywhere in the world.

FAQs with IQ Option

1. Is IQ Option Legit?
The broker is fully monitored by CySEC.

2. Is IQ Option a Scam?
IQ Option is an exclusive place for trading binary options. The figures speak for themselves. The company has over 74 million registered users, and 46 million users are actively participating in trading. Every day, more than 1 million trades are made.

3.Does IQ Option Really Pay?
Every IQ Option review proves that the broker is really transparent with regard to funds withdrawals. The average sum of company payouts has reached $10 million. The company keeps increasing the number of active traders and this figure is only growing.

4. Is IQ Option Free?
You can register on the site without any payment. The registration provides you with access to a demo account. The activation of a real trading account is possible after the trader replenishes his balance with the minimum deposit. Luckily, you may get access to full-fledged trading investing only $10.

5. What is IQ Option? And how to trade in IQ Option?
IQ Option is a trading platform where you can trade a wide variety of instruments.
How to use IQ Option you can find out on the official website

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