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IQ Option Review

IQ Option was founded in 2013, and, since then, it has grown quite rapidly. In 2014, there were just under 1 million users with this broker. By 2020, the brand had over 40 million registered users. Additionally, trades over that time period increased 800%, with IQ Option hitting a trade volume of $290 million per month in 2020. Traders also withdrew $20.375 million from the platform in 2020.To get more news about iq option review, you can visit wikifx.com official website.

IQ Option is recommended for traders of moderate to advanced experience levels who want a broker with a proprietary platform. Though the video tutorials are a great educational tool, the rest of the educational resources on IQ Option are not extensive. So, you should have at least some basic knowledge of trading before signing up with this broker. Additionally, traders who want a broker that offers a wide range of cryptocurrency will like IQ Option, as that is one of its highlights. As long as you don’t mind not using MetaTrader, IQ Option is worth taking a look at if you fall into those aforementioned categories.

Fast-Growing Brand. IQ Option is one of the world’s fastest-growing online trading companies. Traders who want a company with some staying power in the industry will approve of this broker, as it has been around for nearly a decade. IQ Option now has around forty-million members, according to its website. This is a broker with a footprint, to say the least.
Video Tutorials. It’s always nice to see a broker that offers at least some educational tools. Though it doesn’t have as wide a range of resources as other brokers, IQ Option still provides its traders with video tutorials that cover topics like basic information, margin trading, fundamental analysis, CFD trading, and technical analysis. There are also videos about the company itself and its history.
Stock Collections. Trading stock has the potential to possibly be lucrative, and IQ Option bundles different collections of stock into one convenient setting. These collections include, IT & Internet Blue Chips, Big Game of Money, 10 Dividend Kings, 10 Largest U.S. Companies, Warren Buffett’s favorites, and more. There are also collections in industries such as energy, materials, industrials, consumer discretionary, and others.
Access to Historical Quotes. IQ Option allows its traders to view historical quotes on exchange rates of financial instruments (currency pairs, etc.) over time. You can download this information, using it to test and apply different analyses and strategies.
Tournaments. Who doesn’t love a good contest? This broker occasionally offers Online Tournaments for its traders, according to its website.
Cryptocurrency Trading. Over the years, IQ Option has developed a reputation for being a great crypto broker with a wide range of coins. You can choose from many different digital assets, including majors and minors. These assets are an attractive option for traders who want a decentralized, if volatile, currency.
Customer Support. IQ Option offers 24/7 customer support in over a dozen different languages. This is more expensive, in terms of hours and multilingual capabilities, than we’ve seen at other brokers.