IQ Option Review

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

9 TradeForexSA
Pros
  • 150 ZAR minimum investment
  • Mobile phone apps available
  • Offers demo accounts
  • Many deposit and withdrawal options
Cons
  • Wide spreads on FX
Summary
IQ Option is an intuitive web platform eliminating the need to download special software. I really enjoy trading in with this broker because it is easy to use, and something I can do on the go just as easily as in front of a computer.
Account Types8.5
Free Services8
Paid Services8
Support7
Deposit & Withdrawal8

IQ Option is one of the younger binary options trading brokers having only been in business since 2013 and has already established itself as an international leader in this industry operating in over 35 languages including Afrikaans.  IQ option runs in your web browser making easily accessible and download-free, making it one of our standout favorite brokers.

Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page

IQ Option offers a $10000 practice account, and all the trading tools you need to learn how to trade options.  When you are ready, you can open an account with as little as $10 and start trading any of the 400+ assets available.  When you are done, withdrawals are simple and fast.

Account types

Demo Account

Demo accounts allow traders to get to know the platform and how it works before you invest any real money.  There are no differences between the real and the demo accounts, except for that the account balance is not real on the demo account.

Real Account

  • All 77 trading assets available
  • $10 minimum deposit
  • Up to 80% bonus per deposit
  • Participate in trading competitions
  • Up to 45% refund in case of wrong prediction
  • Personal manager
  • Monthly trading analysis
  • Withdrawals under 24 hours

VIP Account- Access granted with deposit over $1900

  • Access is granted with deposits over $1900 in two months
  • Not available for regulated traders

Unique selling points

  • Highly intuitive interface
  • In browser platform eliminates the need to download any software

***CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.***