Is IQ Option Legit?

Is IQ Option Legit?

Is IQ Option Legit?

IQ Option has tried to reach out to the traders by various means. It has tried to capture the new entrants in the binary trading industry by having a huge marketing campaign across various platforms. The effects of this are quite positive – people have now begun to pay attention to IQ Option and are seeking it as an investment opportunity. But usually the traders of binary options are very risk-averse and they do not give in to any new broker just easily. A detailed verification has to be done to know whether they are legit or scam brokers, so if you want to know is IQ Option legit broker, keep reading!

IQ Option Legit | The platform

Most of the binary options brokers would show large stacks of money and people winning huge on trades right on their homepage. IQ option has been honest right from the start. Whenever a trader visits this broker’s platform, they can see very useful information like their unique features, deposit and payment methods, a few assets, the awards won and the links to get the mobile apps. They have kept it no-frills and avoided any complications. So right from the beginning, the traders are hooked into the broker and the tactics as a whole rather than feeling opinionated about tall claims made by certain brokers. So, we have to give them full points for trying something different.

The next thing is that, their platform also gives you the opportunity to use Japanese Candlestick charts and technical indicators like Bollinger Bands and Moving Averages. This is a pretty big advantage for the traders – most platforms do not provide this facility.

IQ Option Trading Platform 4.0 Turbo

IQ Option Trading Platform 4.0 Turbo

IQ Option Legit | Educational material

For the beginner it is essential that there is good educational material for getting a working binary option pattern. This is why it is essential that the binary options broker provides them enough educational material. Thankfully, as explained in our IQ Option Review 2016, this broker provides video tutorials and is rich with all the educational material for a beginner. In fact, it is enough to get you started in the binary options trading world.

An illegitimate broker would not worry about providing you the right educational material, because they have no interest in seeing you win the trades. So it suffices to say that the extra effort of the broker will help you in formulating a pattern of your own.

IQ Option Account Types

IQ Option Account Types

IQ Option Legit | Are withdrawals safe?

This is what it comes down to. A broker may be providing all other excellent features, but if they are not providing smooth withdrawal processes, the traders would find it hard to trust them. This is the reason why it is essential for the traders to know about the withdrawal process of IQ Option.

The minimum limit on withdrawal is 10 USD. You can withdraw your funds once you reach this minimum amount in your account. It will take a maximum of 3 days for the withdrawal requests to be processed and the money will be deposited in your account in the next 3-4 days depending on the withdrawal method. As mentioned in our IQ Option Scam Inspection, they have strict anti money laundering regulations, for which you have to verify your details when you are withdrawing the amounts. However, the process isn’t very time consuming.

IQ Option Withdraw

IQ Option Withdraw

IQ Option Legit | Final verdict

If you’re still having second thoughts, we’ll say that IQ Option legit business policy is completely safe. In fact, they are regulated by the EU and Russian regulations. So there is no chance of a scam here.

Stop falling into scams and trust IQ Option to get started on your binary trading career.

OPEN FREE TRADING ACCOUNT NOW!
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Author: Mark Watson
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