IQ Option Review 2023 (From A to Z)

iq option logo1

IQ Option is the best online broker because it is reputed, user-friendly, ideal for beginners, has a minimum deposit, easy access worldwide, and all trading tools are available. You can choose this broker without any hesitation. You will now read the most advanced review of IQ Option Broker. Let’s look at the essential points of the IQ Option Review.

Table of Contents

IQ Option Review At a Glance

  1. try iq demoIQ Option is the most reputed broker; it is trusted, safe, and secured to use.
  2. IQ Option is the most advanced trading platform with maximum opportunities.
  3. It Supports the lowest minimum deposit (Only $10).
  4. Provides free demo trading account
  5. Withdrawal is faster, smoother, and secured.
  6. Supports 100+ trading indicators
  7. 320+ Trading assets including stocks, forex, crypto & options.
  8. Available in both Mobile and Desktop Devices
  9. Various deposit and withdrawal methods are available.
  10. It Provides free educational videos.

Visit IQ Option Broker Now

(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)

IQ Option Broker

Minimum Deposit$10
Demo AccountYes. (With $10000, can be reloaded anytime)
Trading TypesOptions (Digital Options), Forex, Stocks, Crypto, Commodities, Indices, ETFs
Trading Assets312+ trading assets, including Facebook, Twitter, Amazon, Apple, Tesla, Microsoft, Intel, Gold, Silver, etc.
Indicators100+ build-in indicators with Momentum, Trend, Volatility, Moving Averages, Volume, etc.
Deposit MethodsBitcoin, Skrill, Neteller, Advcash, Perfect Money, Webmoney, Debit/Credit Cards
Verification DocumentsNational ID, Passport etc.
Educational VideosAvailable
Support managerYes
Trading AlertsYes
Inactive Account Fee$10 EUR Per month if inactive for 90 consecutive days.
Customer SupportEmail, Live Chat, Telephone
System AvailabilityBoth Android, IOS & PC Devices.
Withdrawal Time1-3 Working Days

About the trading platform – IQ Option

USA Traders are not allowed. Please check another broker if you are from the USA
The trading platform was founded in 2013 and is operated by IQ Option LLC.

Since the beginning, IQ Option has rapidly become one of the most popular brokers in the trading industry because of its unique trading interface, lowest minimum trade amount, and variety of opportunities. In 2020, 48 091 542 users registered in IQ Option. Per day trading amount is 1 338 793, and $290 Million is the trading volume every day. That means the broker is widely used amongst active traders worldwide.

Visit IQ Option Broker Now

(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)

iq option platform
iq option platform

How trustworthy is IQ Option?

IQ Option is the most trusted broker. If you look at the statistics in their trading platform, $20 375 097 is withdrawn per month from this broker.

You may find some negative reviews online about the IQ option. Still, the truth is, some users are not aware of their platform rules, and they get blocked because of multiple retail investor account creation, unverified retail investor accounts, and violating their trading platform rules. IQ Option is trustworthy amongst the online trading platforms

IQ Option Trading Types

  1. Options (Online Trading)
  2. Options (Digital Options)
  3. Forex
  4. Stocks
  5. Cryptocurrency
  6. Commodities
  7. Indicies
  8. ETFs

In Forex and Crypto, you can trade with IQ option with more than your fund by borrowing money from the broker. But leverage involves significant risk. Many retail investor accounts lose money in margin trading. Forex and CFD trades are also possible with leveraged trade.

iq option assets
iq option trading types

IQ Option Assets:

There are 312+ trading assets, including Facebook, Twitter, Amazon, Apple, Tesla, Microsoft, Intel, Gold, Silver, etc.

  1. Options
  2. Forex
  3. Stocks
  4. Crypto
  5. Commodities
  6. Indicies
  7. ETFs
iq option trading pairs
iq option trading pairs

IQ Option Indicators

IQ option offers 100+ build-in indicators for better technical analysis. It includes the most popular indicators such as Moving Average, ATR, Oscillator, etc. They divided their indicators into five categories. They are:

  • Momentum
  • Trend
  • Volatility
  • Moving Averages
  • Volume etc.
iq option indicator
iq option indicator

Some popular indicators in IQ Option

Momentum: Awesome Oscillator, Balance of power, Belkhayate Timing, Center of gravity, Chande Forcast Oscillator, Chande Momentum Oscillator, DeMarker, Divergence Indicator, Gator Oscillator, Kinger Oscillator, Know Sure Thing, MACD, Momentum


TRE Trailing Stops, Aroon, Average Directional Movement Index, Bollinger Bands, Chop Zone, Commodity Channel Index, Darvas Box, Disparity Index, Ehier Fisher, Transform, Eider Impulse System, Ichimoku Cloud, KDJ, Linear Regression Forcast, Linear Regression Slope, Mass Index, Parabolic SAR, Qstick, ZigZag


ATR Bands, Average True Range, Bollinger Bands, Chaikin Volatility, High Low Bands

Moving Averages:

Envelopes, Moving Average, Moving Average Deviation, Rainbow Moving Average

IQ Option Demo Account

IQ Option provides a demo account with $10000 demo money which you can reload anytime. There is no time restriction to use this demo account, so you can use it as long as you need. Beginners should practice in the demo account, and every trader can practice with virtual money in the demo account before depositing in a real account. You can either create a demo account or create a real account to take advantage of a demo account service.

Trading Costs

There are no extra trading costs in IQ Option online trading. If you trade in forex, you have spread but if you trade in Options, you don’t have to pay any extra from your real money account.

Beginner Opportunities

IQ Option platform is 100% beginners friendly, and the company focuses on beginners most. There are some opportunities that beginners can take to make their trading journey smoother. Here are some of the beginner opportunities in IQ Option.

  1. Low Minimum Deposit
  2. Various Deposit and Withdrawal methods
  3. Beginner-friendly trading platform
  4. Free Demo Account for everyone
  5. Learning Instruments
  6. Reloadable demo account with $10,000.
iqoption numbers
iq option registered users

Deposit and Withdrawal Methods

There are many deposit and withdrawal methods available in IQ Option. Probably, the highest number of deposit methods available in IQ Option. You will also find country-wise payment methods which are very useful. Only a few brokers support country-wise payment methods. Here are the most common payment methods for all countries. Payment service providers are:

  1. Skrill
  2. Neteller
  3. Credit Card/ Debit Card

How to Deposit in IQ option

To deposit in IQ Option, you need to click on the DEPOSIT button and select the deposit method. Click deposit and follow the process to deposit in IQ Option trading platform.
Click deposit at the top right corner

  1. Select the deposit method and click proceed to payment
  2. Select the deposit amount and click proceed to payment
  3. Follow the on-screen instructions.
  4. It will add Your deposit.
iq option deposit
iq option deposit

The deposit methods are:

Bank transfers are not allowed in this online trading platform.

iq option payment methods
IQ Option Deposit Methods

How to withdraw in IQ Option

There are many withdrawal methods in IQ Option. Such as Neteller, Skrill, Perfect Money, ADB Cash, Webmoney. Neteller & Skrill are the most popular methods to withdraw money. To withdraw money, please follow the method below.

  1. Click on the Profile Picture.
  2. Select Withdraw Funds.
  3. Select your Withdrawal method
  4. Enter your Email and Select Amount
  5. It will be processed within 1-3 business days.

IQ Option Verification

You need to verify your account to get a smoother trading experience. According to the platform rules, you must verify your account before withdrawing your money. If you do not verify, you will not withdraw money. To verify your account, follow the steps below:

  1. Log in Your trading account in IQ Option
  2. Click on your profile picture
  3. Select Verification
  4. Follow the on-screen instructions

Required documents to verify IQ Option

Verification documents may include but are not limited to:

  • Passport or National ID Card issued by Government Authorities
  • Copy of the client’s Credit Card
  • Personal data is requested during the verification/registration process.

IQ Option Education:

IQ option offers Free Video lessons for beginners. There are a lot of videos available on their youtube channel and inside their website. You will find the videos in the left menu panel. Their videos are helpful in understanding their trading platform well. Because of the numerous educational videos, IQ Option is very famous. They have four categories and 100+ video lessons, including Options Trading, CFD Trading, Forex Trading, and Crypto Trading.

IQ Option Leaderboard:

In the left menu, there is another exciting feature in IQ Option. You will find the leaderboard to see the most profitable traders on the platform. It helps you believe that people are making a profit from their broker. You can also find the country-wise leaderboard to check the profitable traders in your country. It also plays a vital role in making this broker a transparent binary option broker.

Trading Alerts:

As IQ Option increases its features every day, they added the alert system to place the trade on time. You can find alerts on the left menu, and you can create an alert on every trading pair. When the market price hits your predefined market price, it will alert you by trading platform and push notification.

Allowed & Banned Countries

Iq Option has banned some countries, and all countries are not allowed to trade here. For example, you can not trade in IQ Option from the banned countries. Apart from the banned countries, you can trade from any country worldwide. Even if you are not aware of the regulations in your country, you can trade in the IQ Option from your country if your country is not on the broker’s blocklist.

IQ Option Inactive Account Fee:

Generally, IQ Option is free to trade, but If you do not place trades for consecutively 90 days, you will be charged 10 EUR per month until you resume your trading. So it is better to withdraw your funds if you do not trade for a long time, and this way you can avoid the dormant account fees.

IQ Option Banned Countries:

You can not trade in the IQ option if you are a resident of the following countries. You can check the alternative brokers if you are a resident of these countries.
Afghanistan, Albania, Australia, Belgium, Canada, the Czech Republic, Iran, Israel, Japan, Latvia, North Korea, Palestine, Portugal, Russia, Spain, Switzerland, Syria, the UK, and the USA

Customer Support

Iq option provides the World’s best customer support. You can expect a reply from the IQ option support team within a few minutes. You can get support from the IQ Option support team in various ways. Such as Email, telephone, and online chat, and you can choose any of them.
Official Contact Details:
Official Email:
Office Address: Hinds Building, Kingstown, St. Vincent, and the Grenadines
24/7 Customer Support Service (English): +13468009001

iq option language support
iq option language support

Why IQ Option is the Best Broker – At a Glance

So you are already aware of the good and bad sides of the IQ Option. Still, now IQ Option is the best broker globally, especially if you are a new trader or an advanced trader. I will rank 10 out of 10 because IQ Option has all the qualities to be the number 1 broker in the World.


Is IQ option legit

Yes. IQ Option has a positive reputation in the market. The trading capital is 13,38,793 per day, and the trading volume is $290 Million every day. That means the broker is widely used amongst traders worldwide.

Is IQ option safe

Yes. IQ Option is the safest broker in the industry, with 4,80,91,542+ registered traders worldwide. It is safe to use if you follow their rules correctly. Though it is safe, you have to follow their rules strictly. Otherwise, your account will be blocked. IQ Option’s website is fully secured with SSL protocol so that you can browse their site without any hesitation.

Iq option login

You can log in to IQ Option from various devices. Just go to their website or app and enter your login email and password. You can use your android, ios device, or desktop to log in to their trading platform. If you face trouble logging in to your account, you need to contact their support as soon as possible.

Sometimes, they work on the webserver to upgrade the website, so you may face login issues for a while on that time. It is normal and nothing to worry about because it takes only a few minutes or hours.

Iq option download

You can download IQ Option from their official website, play store, or app store. They support android, ios and desktop applications. To download IQ Option app or desktop app, please follow the link below. There are all of their versions.
Download Link:

Mobile Device System Requirements:

You can use the mobile trading app to trade in Options and trading CFDs assets. To use the mobile trading app, you need to have the following configuration.

Operating system: iOS 12.1 or later;
Android 5.1 or later
Hard disk space: 74 Mb

IQ Option download PC: System Requirements for PC:
Operating system: Windows 7, 8, 8.1, 10
macOS – OS X 10.10 Yosemite
RAM: 2 GB (4 GB recommended)
Video card: OpenGL 2.0-friendly (macOS), DirectX 9 (Windows),
Hard disk space:130 Mb

Iq option apk

You can download the apk from the main download link or you can directly download the apk from Google Play Store. Here is the link below to download the app from the play store.

If you wish to download the apk from another source, you can download it here.

IQ Option Minimum deposit

$1 is the minimum trade amount, and $10 is the industry’s lowest minimum deposit in IQ Option. As it is a beginner-friendly broker, it allows the low minimum deposit to start your trading journey right now. You can start with only $10 in your real account.

IQ Option Sign up

There are different methods to sign up in IQ Option. You can visit their official website or create an account from The Binary Logic website. You need an email account and a password to create an IQ Option account. To create an IQ Option account, please follow the link below

Risk Warning of trading IQ Option:  There are always risks involved in trading platforms. If you be emotional while trading, there is a chance of losing money rapidly in a binary option broker. There are a lot of trading strategies available that you can follow to invest in a regulated broker. Keep in mind that every type of online trading involves high risk.

Tips and tricks:

  1. Follow specific trading strategies.
  2. Practice in the demo account
  3. Keep in mind that 90% of investor accounts lose money.
  4. Practice more and more with technical analysis.
  5. Build a standard trading account by consistent winning.

In conclusion, the IQ Option platform is a great broker with many qualities. You can trade in Binary, Forex, Crypto, and Digital Options with them. They have a good reputation, and they are safe to use. The minimum deposit is only $10, and the minimum trade amount is $1. You can download their app or software from their website.

Similar Resources:

The Binary Logic - Online Trading Guide