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IQ Option UAE: Review and traders’ opinions 2024

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

IQ Option is an international broker that facilitates online trading in forex, cryptocurrencies, indices, stocks, and ETFs. It has been providing trading services for 10 years.

Let’s take a closer look at:

  • IQ Option’s strengths and weaknesses;
  • Trading conditions;
  • Available assets;
  • Platform functionality;
  • Account types;
  • Withdrawal and Investment;
  • And more.

IQ Option: trading with a human face

IQ Option focuses on simplicity and accessibility: any trader should easily understand the interface without reading manuals or having trading experience. To do this, the broker attracts experienced IT specialists, designers and analysts, invests in the research & development, and security of the podium.

Pros & Cons

Minimum deposit: low minimum deposit of €50 and a minimum investment of $1.
Customizable trading platform, that feels much simpler compared to classic MT4/MT5.
Trading conditions: fair trading conditions, no hidden fees or commissions.
Wide choice of assets, including popular stocks and rare finds like crypto assets.
Demo account: commitment-free demo trading to test strategies.
Technical indicators: 100+ technical indicators and useful widgets.
Restrictions: platform’s unavailability in certain countries.

Trading conditions

Leverage limits on the opening of a position by a retail client from 30:1 to 2:1, which varied according to the volatility of the underlying:

  • 30:1 for currency pairs;
  • 20:1 for commodities;
  • 1:5 for stocks and ETF;
  • 1:2 for cryptocurrencies.

Assets

IQ Option has over 300 assets on the menu, including popular Forex pairs, cryptos, stocks, commodities, ETFs. If you seek smart portfolio diversification, you’ll find all you need here.

Another interesting instrument that you can find at IQ Option is crypto asset. They are just like standard assets, but for cryptocurrencies. As for 2022, you can trade CFD crypto assets on Bitcoin, Ethereum, EOS, Litecoin, and Ripple.

Trading platform

The IQ Option stands out in many ways, which has brought it several prestigious awards. First off, the trading interface is custom-made to wrap vast trading functionality into a simple interface. Secondly, it’s cross-platform and has Windows, macOS, Android, iOS, and Web versions.

The platform allows traders to do all the actions right from the chart. Thanks to easy navigation, all the tools, widgets, and important controls are always at hand.

Finally, the platform is customizable: you can change the chart layout and type, apply technical indicators that you need, and add widgets to make better trading decisions.

How to open an IQ Option account?

You can open an IQ Option account in a few clicks for free, either with a standard or social sign-up (Facebook/Google). To register a mobile account, install a mobile app and complete a quick registration process. It’s similar to the desktop experience: enter your email address, create a password, and choose your country. Alternatively, use the social sign-up feature.

IQ Option offers easy deposits via popular payment methods starting from only €50, which makes it easy to start even if you don’t have much money to invest.

Demo trading

Upon registration, you’ll have access to the Practice account charged with 10,000 virtual dollars. It’s recommended to start on Demo if you have little or no experience in trading and want to test drive a new trading instrument or strategy before going with the actual money.

The demo balance is replenishable and doesn’t have an expiration date: you can top up anytime if you lose your money. Once you’re ready to trade on the real market, just switch to the Real balance in the upper right corner of the Trade room.

Withdrawals

Before withdrawing your profit, you need to complete the account verification: input your identity documents, address, and preferred to withdraw/investment method. It’s important that you use your real name and credentials!

After completing the verification, you can make a withdrawal request from the Withdrawal section of the Traderoom. You can cash out any amount starting from $2 or an equivalent in your account currency.

One thing you should keep in mind is that the deposit and withdrawal method should be the same for credit/debit card deposits. If you invest with your debit/credit card, you should use the same card for making withdrawals. However, for making a withdrawal of profits excess of your investment, you can choose any available e-wallets.

Mobile app

The IQ Broker mobile app is available for all iOS and Android devices. It ranks #21 in App Store Finance category and won several awards. This app is available to download from Apple’s App Store and Google’s Play Store.

The app is glitch-free even when you’re handling multiple trades at a time. It duplicates the desktop functionality and allows users to use the same login for both.

Aside from the standard iOS and Android apps, other alternatives are as follows: Progressive web app (PWA) and APK (Android Package Kit). They work like ‘normal’ apps, but you can download them as files directly on your mobile device, skipping the app store. These solutions help overcome stores’ restrictions on online trading.

Trading education

Before you dive into real trading, make sure you learn how the platform works and how investing is made. In this platform, you can access video tutorials in 17 languages, trading blogs, market analysis, news, educational channels on YouTube and Vimeo, FAQ section, and webinars. All educational materials are free.

Is IQ Option legit?

IQ Option has done a great job in making complex investment tools easy to comprehend and available for everyone. The platform is uncluttered and has a clear menu with the most-needed controls. You can use it on different devices and start on Demo before you invest real money. The only downside is that there are not many account options aside from Demo and Real Standard.

IQ Option Europe Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). License №247/14. Address: Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus.

Reviews on IQ Option

Comments about IQ Option
( 15 )
User rating: 4.4 / 5

Comments: 15

  1. avatar
    tony luis
    31/03/2023

    Outstanding trading services, fast withdrawals, and good profit are my reason for keeping the services. I am by far happy with what I experience with Mrs. Harper James. And would highly recommend this amazing service. An excellent trusted platform who is a pleasure to work with. services are great When it comes to Bitcoin, binary and forex trading, Mrs. Harper James Platform is a good fit. I was able to earn a good profit from her accurate signals. Great broker. Highly recommended her and you can get in touch with her through her platform mail.
    (harperjamesplatform @ gmail . com

    3/5

  2. avatar
    Pamale Bacon
    02/04/2023

    Many people try to invest their money so as to make more profit after a certain period of time. This is certainly not a wrong move but scammers online make use of this opportunity to deprive people of their money. You might have invested your Bitcoin in the wrong investment company and lost it but you do not need to worry. hoskeyteam@ proton .me or hoskey 44april @ gmail . com   is a recovery team specified on recovering back scammed btc. You might have lost your savings. The Recovery Process is very Much Possible  WhatsApp  privately.   ‪+44   7 9 4 9 4  0 3 1 3 2  

    5/5

  3. avatar
    Sofia
    17/08/2023

    WDCMARKETS is a big scam, I invested a lot of money in this company and everything was going good until I said I wanted to withdraw and all my money was gone. I paid 240,000 Euros, they won’t allow me to withdraw any of my money out, I email them everyday, once you put money in, you can’t get it out. I finally was able to get my money back with the help of a recovery chargeback service done by ([email protected]). His reliable chargeback firm, you can contact him if you need, He can help you get your life back like he did for me, I guess this information may be usef

    5/5

  4. avatar
    Kylie Harvey
    16/09/2023

    GET RICH WITH BLANK ATM CARD

    I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Online Hackers send them the atm blank card and use it to collect money in any atm machine and become rich I email them also and they sent me the blank atm card. I have use it to get 500,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

    You can also contact them for the service below

    * Western Union/MoneyGram Transfer

    * Bank Transfer

    * PayPal / Skrill Transfer

    * Crypto Mining

    * CashApp Transfer

    * Bitcoin Loans

    * Recover Stolen/Missing Crypto/Funds/Assets

    Email:>>>> [email protected]

    5/5

  5. avatar
    Laura Syberg
    13/10/2023

    My account numbers are 414277 and 415506, and I have a total of $975,481 in my account. When I withdraw in February today, they found reasons to refuse my withdrawal. I found Eightcap’s customer service and account manager through the background in the early stage, and they replied that they would help me deal with it. After a month or so, they find various reasons to prevaricate, and they have been emphasizing that please be patient, the financial team is dealing with it, it has been a few months, haven’t it been dealt with? Since I can make withdrawal from my earnings on benarmstrong-trades i don’t see reason to continue here. I am now disappointed with Eightcap company, their way of dealing with it is to keep shirk, making me physically and mentally exhausted, please customers take a warning, now I just want to get my money that should belong to me. Being able to get my money back through the help of Cp-investigation.   com   reach them out for more information.

    2/5

  6. avatar
    Aria Diego
    20/10/2023

    APENAS ALGUNS MINUTOS LEIA COMO ENCONTREI UM TRADER REAL QUE MUDOU MINHA VIDA FINANCEIRAMENTE.
    POR FAVOR LEIA!!!
    Tento negociar sozinho no mercado de criptomoedas, mas continuo tendo perdas porque estava investindo com golpistas e não estava recebendo bons sinais de negociação e nenhum conselho comercial sobre como gerenciar meu investimento.
    Eu estava procurando plataformas que pudessem me ajudar a gerenciar meu investimento e me deparei com tantas críticas positivas sobre Evelyn de uma plataforma de negociação que ajuda você a gerenciar seu investimento e obter bons lucros para você, então entrei em contato com ela para obter ajuda sobre como iniciar meu investimento ela me deu todas as informações que eu precisava para começar a investir com eles e eu tentei desde que comecei a negociar com eles. Não tive nenhuma perda porque ela tem sinais de negociação profissionais que são capazes de ler e receber sinais sobre como negociar , Essas plataformas realmente ajudaram muitas pessoas a escalar o mercado cambial com resultados positivos
    pessoalmente, ganhei mais de $ 68.000 com esta plataforma de negociação e continuo ganhando
    Se precisar de ajuda sobre como contatá-los, deixarei as informações de contato dela para que você possa escrever diretamente para ela sobre como iniciar seu investimento hoje e começar a obter bons lucros, assim como outros traders no mercado cambial.
    WhatsApp: +1 (720) 466-3701
    E-mail: evelynsanchez3054@gmail. com
    entre em contato com ela hoje e diga adeus às perdas financeiras. Tenha um ótimo dia, felicidades!!!

    5/5

  7. avatar
    Elena
    04/11/2023

    Almost lost over 75k investing on a scam broker I didn’t know what to do because I was unable to withdraw my profit, I believed that I would be able to cover the debt with my profits and I thought there won’t be even a chance to get my investment back. Until I contacted Gavin ray after seeing positive reviews about him 4days back on this platform , I got in touch with him and he gave an explanation of how the process would look like and what exactly we need to put in place for this to work out, which I did and followed all his instructions to my greatest surprise I confirmed the payment of my recovered funds to my bank account, he has been really helpful to me, I bet you all should contact him on email: [email protected]

    2/5

  8. avatar
    James blood
    22/01/2024

    If you have experienced substantial financial loss as a result of fraudulent binary option investments, it is important to file a complain about the scam broker and obtain a chargeback service in getting back your asset, I recommend gryphon solicitor as a reliable recovery firm proceeding with their assistance in recovering your asset. I have come across positive feedback about gryphonsolicitor. com, I have use there and gain positive outcome and would recommend them which may be worth exploring in securing a legal chargeback service.

    2/5

  9. avatar
    Jimmy loof
    25/01/2024

    Highly Recommended!
    Very insightful, i will also say this here. Investment is one of the best ways to achieve financial freedom. For a beginner there are so many challenges you face. It’s hard to know how to get started. Trading on the Cryptocurrency market has really been a life changer for me. I almost gave up on crypto at some point not until saw a recommendation on Elon musk successfully success story and I got a proficient trader/broker Mr Bernie Doran , he gave me all the information required to succeed in trading. I made more profit than I could ever imagine. I’m not here to converse much but to share my testimony; I have made total returns of $10,500.00 from an investment of just $1000.00 within 1 week. Thanks to Mr Bernie I’m really grateful,I have been able to make a great returns trading with his signals and strategies .I urge anyone interested in INVESTMENT to take bold step in investing in the Cryptocurrency Market, you can reach him on WhatsApp : +1(424) 285-0682 or his Gmail : [email protected] bitcoin is taking over the world, tell him I referred you…

    5/5

  10. avatar
    DANIEL RAY
    07/02/2024

    HOPEFULLY THIS REVIEW SAVES SOMEONE OUT THERE!!!

    Am here to testify about the handwork of A Great Verified Hacker ( Mr Morris Gray )Who helped me recover back my lost funds from the hands of scammers who Ripped me off my money and made me helpless, I could not afford to pay my bills after the whole incident, But a friend of mine helped me out by given me the contact info of trusted Recovery Expert, his email: Morris gray 830 @ gmail . com contact him and he will help you recover your lost funds If you have been a victim of any binary/ cryptocurrency or online scam, Mobile spy, Mobile Hack contact this Trusted and Verified hacker, He is highly recommendable and was efficient in getting my lost funds back, 11btc of my lost funds was refunded back with his help, He is the Best in Hacking jobs, contact him ( MORRIS GRAY 830 AT) GMAIL (DOT) COM

    5/5

  11. avatar
    Jay Doris
    09/02/2024

    THE ONLY LEGITIMATE CRYPTO RECOVERY EXPERT….!!!

    Good day Audience, I want to use this great medium to announce this information to the public about Mr MORRIS GRAY. few months back, I was seeking an online BTC investment plan when I got scammed for about $172,000. I was so down and didn’t know what to do until I came across a timeline about Mr MORRIS GRAY. so I reached out to him and to my greatest surprise, they were able to recover all the funds which I had previously lost to the Devils. I am so glad to share this wonderful news with you all because it cost me nothing to announce a good and reliable Hacker as Mr MORRIS GRAY, His direct email is Morris Gray 830 at gmail dot com, WhatsApp: +1 (607) 698-0239…..!!!

    5/5

  12. avatar
    JENKINS COOPER
    05/03/2024

    I read so many stories about bitcoin loss to scams. I will like to start by saying the agencies responsible for bitcoin security has really done nothing to help locate stolen or lost coins. In my situation my MacBook was hacked by someone that had access to my emails, i immediately contacted blockchain and they only wasted my time, after which i worked towards getting help else where, i was referred to consult a bitcoin expert who helped track and retrieved my 3.3 btc, for an agreed fee. I was more than grateful, Thankful i didn’t fall victim and would like to recommend ( MORRIS GRAY 830 @ G maiL . COM )….

    2/5

  13. avatar
    Diego A.
    10/03/2024

    Their stock collections feature is an ultimate decision for me. I recently observed top companies in the aerospace industry and decided to give them a try. I short sold Boeing shares from $207.1 to $198 and took profits. That was interesting, actually. Take profit worked out well without any delays and I am thankful to iq option for developing such fast platform, without any lags and glitches!

    5/5

  14. avatar
    Wan Shahrun
    30/03/2024

    The educational materials this broker provides have been very helpful in my trading journey. My knowledge and skills have improved. And the trading conditions for the instruments are very good

    5/5

  15. avatar
    JENKINS+COOPER
    01/05/2024

    HAVE YOU BEEN RIPPED OF YOUR COINS.

    Have you gotten your bitcoins stolen from your wallet or invested in an ICO that turned out to be a scam, you are not alone because this happened to me too. I initially lost $96,000 in just less then five months from Fake investment scam company. My friend referred me to a hacker who helped me recover all my funds within 3 days. I’m speaking up to improve awareness of these cryptocurrency thieves and help as much as i can to reduce victims to the minimum. If you have been a victim, Simply contact Them ( MorrisGray380 at Gmail Dot Com )or whatsapp ( +1 607 698 0239 )…

    3/5

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