IQ Options is an online trading platform that allows clients to trade in a variety of financial instruments and assets such as stocks, binary options, Forex, cryptos, exchange trade funds and a variety of digital options.
With its headquarters in Cyprus, IQ Option has been on the rise and has expanded its presence globally, and now available in Indonesia.
In Indonesia, IQ Option is seen as the reference broker, and it enjoys a massive following.
Major contributors to its huge fan base lie on IQ Option professionalism, reliability and an easy-to-use platform.
Experienced traders can attest to this and if you are a beginner looking to join this awesome trading platform, here are the top 7 things you should know about IQ Option trading platform.
- IQ Option is a Regulated Broker
Since inception, IQ Option has won numerous accolades, thanks to quality service delivery and reliability, and today, it’s recognized as a premier broker in the financial market.
To underline its image as a reliable broker, traders will be pleased to know that IQ Option is regulated under the jurisdiction of the Cyprus Securities Exchange Commission (CySEC)
With a CySEC membership, it means that the client’s funds are protected up to a maximum amount of 20,000 Euros.
- Diversified Asset Portfolio
IQ Option is the true definition of versatility.
Under its belt, investors can trade in over a whopping 90+ types of underlying assets.
This is by far the hugest asset inventory we have come across in all the platforms that we have reviewed.
With IQ Option, investors get to choose from:
- Currency pairs
- Market Indices
- 12 different crypto
- Binary Options
- Digital options
- Rare metals and other commodities
- Proprietary Trading Platform
Rather than using a standard trading platform, IQ Option uses a proprietary option that is specifically designed to cater to your trading needs.
The customized platform is not only intuitive but also user-friendly. Beginners will particularly love the simplified platform that will allow them to navigate easily and without a hassle.
Beyond the design, the IQ Option platform features an extensive selection of trading tools that are typically not available in a majority of the standard platforms. Some of the tools available here include:
- Moving Averages
- Bollinger Bands
IQ Option is an ideal trading platform for the commoners. Unlike a majority of the trading platforms that will require a huge investment amount, IQ Option is a low-entry platform requiring a low minimum deposit, and new traders can gain IQ membership by depositing $10.
With the $10 deposit, you will gain access to a real account, which has over 70 types of assets and allows traders to engage in various competitions, offers and bonuses.
Beyond the low entry requirement, IQ Option will allow you to start trading with a minimum trade of $1. This is to mean with your initial deposit; you can make up to 10 trades.
The VIP account, which is a step-up to the real account, will, however, require you to deposit at least $3,000. But in exchange, you get all the privileges of a real account, plus the addition of a personal manager, monthly reports, performance scale and more.
- Fast Deposits and Withdrawals
Performing withdrawals and deposits on IQ Options is as easy as it can get. It’s one of the simplest and efficient ways to transfer money going by the online customer reviews as well as the citation from the full IQ Option review of BinOptionen.
For a start, the money transfer options at IQ Options are highly diversified, with an option of using:
- Visa Electron
- Wire transfer
- FasaPay-an Indonesian electronic money transfer
Alongside the payment diversity, withdrawals are free, and the only fee you need to factor is your money transfer provider rates.
Where other Indonesian brokers will take two days at least to process your withdrawal and charge you $30-$50, IQ Option will process your withdrawals within 24 hours and for free.
Currently, IQ Option boasts of active accounts in over 67 countries from every continent, from Africa, Europe, Asia, to South America.
Naturally, this makes IQ Options one of the premier global trading brands in the finance market.
Besides having a following in Indonesia, IQ Option has a strong presence in the UK, the finance capital of Europe.
Figures don’t lie, and the impressive numbers that represent this trading platform are a clear testimony that IQ Option is a reliable broker if anything is to go by.
Statistics from IQ Option, indicate that the trading volume grew from $1, 975, 578 in 2014 to $393, 307, 719 in 2018. Equally, the number of registered members grew from 8M in 2015 to over 25M in 2017. The same trend happened to the daily trade transactions, and better yet, it’s projected the trend is going to move on an upward trajectory in the coming years.
When you come down to it, you will notice that IQ Option is among the best brokers out there with an amazing platform that will guarantee an entertaining and good trading experience. You can check out the latest updates about this platform on business24-7.ae