Search Buscar

    IQ Option: How to enter and what to know before opening your account

    Who I am
    Elia Tabuenca García
    Author and references
    IQ Option: How to enter and what to know before opening your account

    by Team AllYourVideogames | Jan 20, 2022 | News |

    Created in 2022, the commercial platform IQ Option investment and business has its official website, but it can also be accessed through applications on mobile devices.

    For devices with Android system, the application can be downloaded from the Play Store digital store. For iOS devices, the app is available on the App Store.

    On the platform, the user can choose between a real account or a virtual account.

    If you choose the first option, you can make investments. The second alternative releases up to U$10.000 fictitious so that the user can practice and gain experience for future applications.

    Investors from more than 150 different countries are connected through the platform, which has several different tools to help users achieve their goals and invest online, thus ensuring their profit in the financial market.

    Learn More: Avenue Corretora: how to open your account and invest

    How does IQ Option work?

    All trades carried out by users on the platform are made completely digitally, and can be carried out on the web version or on the IQ Option app in several different modalities. One of the suggestions offered is to start the process using the virtual account, so that you fully understand how the platform works, and only then start using the real account.

    IQ Option provides several video classes for beginners to watch, as it is extremely important to know the most varied terms and strategies in the world of finance to succeed on the virtual platform.

    To start your investments, you need to make a deposit in your account and the minimum amount required for this is $10. The minimum investment in trades made is $1. You can use virtual wallets, bitcoins, bank transfers or credit card for payments.

    The options for withdrawals at the IQ Options broker are a little more bureaucratic. You need to open a request in the “Withdrawal funds” tab and send a color copy of some document to confirm your identity.

    After the waiting period of up to three business days, the amount will be deposited into the account selected by you.  

    Learn More: Is Avenue Corretora safe? know our opinion

    Account types for trading on IQ Option

    We have already talked about the two most popular types of accounts offered by IQ Option. But let's check out one more option and get to know them all in more detail below to know how to deal with the online trading process:

    real account

    As said before, you need to deposit up to $10 to start using the real account, as well as having access to all options of trading possibilities available on the platform.

    You can trade more than 80 assets, as well as participate in the tournaments provided by the platform.

    VIP Account

    When using the VIP account, the merchant can make deposits of more than $3.000, in addition to having several other advantages.

    The user will also have a return of up to 92% on assets, have the availability of a personal account manager and access to more than 100 commercial assets.

    If you are a VIP account holder, you will also be able to participate in various tournaments organized by the platform, in addition to receiving a complete report on all your monthly activities in the stores. 

    Conta Demo IQ Option

    The Demo Account can be opened completely free of charge, and you do not need to make any investment in merchant money.

    IQ Option also provides Demo account users with a balance of $1.000. With it, the novice customer will be able to carry out commercial transactions on the platform without taking out of their own pocket.

    The number of assets in this type of account ends up being reduced, with only 13 commercial assets available, but it doesn't end there.

    The user will have a limited set of indicators and instruments, and there is no unlimited option for this account. This is an excellent option for those who don't know how to understand how the platform works, since if your balance drops below $1.000, the recharge will be free and you can use the Demo account for as long as you want.

    Learn More: Modalmais Corretora: how to open your account and invest?

    Types of Trading Assets on IQ Option

    Among the different options of trading assets, each trader will be able to choose the one he feels most comfortable working with.

    The main assets that are available on the IQ Option platform are: 

    • ETFs: you can choose from 4.288 different ETFs to work on the trading platform;
    • CFD: more than 176 large companies are listed on the NYSE and NASDAQ;
    • International corporations and companies are in stock on the platform;
    • Cryptocurrencies: The IQ Option platform has more than 12 different cryptocurrencies. Among the main ones we can mention: Ethereum, Litecoin and Bitcoin;
    • Currency Pairs: With access to over 200 currency pairs, which are one of the most popular and tradable assets in the world, the platform offers a wide range of options. 

    Learn More: Modalmais or Easynvest: Which is the best brokerage?

    How to create your account and join IQ Option?

    Creating your account is very simple and the process will be basically the same on both your computer and mobile devices.

    You will click on “Registration”, enter your email, password and telephone number, agree to the terms of use and confirm the registration in “Register”. 

    In addition, you can also create your account and start using IQ Option with your Facebook or Gmail credentials.

    It is important to keep in mind that all users must be over 18 years of age. While creating your account, you also need to inform the currency you will use on the platform. 

    How to trade using the IQ Option platform?

    After creating your account and logging into IQ Option, you can start trading your assets.

    The trading process is also quite simple. You will choose the desired asset and identify the profit. After that, the platform itself will make available graphs of the quote in question, suggesting that the user observe them in detail before continuing with the process.

    In the trading panel, you will enter the option expiry time and the investment amount. By using the green and red buttons, you can control the buying and selling actions, where with the green button you will buy and the red button you will sell.

    Always remember to pay attention to the timer and expiration time that appears on the screen, more specifically in the upper left corner. This is because you will only be able to purchase shares when there is time available, otherwise it will not be possible.

    After the time is up, you will be able to check the amount deposited to the user and the profit made.

    Learn More: The 10 best digital brokers to invest

    Is IQ Option reliable and safe?

    Unlike other similar platforms, one of the main advantages of IQ Option is the possibility to withdraw as much money as you want from your trading account, without a limit.

    Another advantage is that the authorization for the withdrawal of this money happens very quickly after the user's request. 

    All customer personal and banking data are completely safe, as only users and the platform itself have access to them. So, you can withdraw and deposit without further worries of information leakage.

    IQ Option on Reclame Aqui

    Although the company has great advantages compared to its competition, its evaluation on the Reclame Aqui website is not the best, especially for the Brazilian public.

    For those who don't know, Reclame Aqui is a platform where customers themselves can register complaints and evaluate the services of companies and they can clarify doubts and solve their problems.

    Taking into account the data collected between July 2022 and December of the same year, IQ Option’s reputation is only 4.3/10, being considered a “Not recommended” company by the clients themselves.

    While the complaint response rate is 100%, the platform's problem resolution rate is only 35,2%. What's more, of the customers who complained about the company, only 25.2% would do business with IQ again.

    Learn More: How to invest in the stock market: the 4 best brokers

    After all, what can we conclude about IQ Option?

    So, taking into account everything we said about IQ Option, what can we conclude about the trading platform? All activities carried out by it are regulated by the main regulatory bodies worldwide, so it operates completely within the law. 

    The platform also offers a wide range of assets, tools and services, in addition to having accounts for all types of audiences, being a great option for those who are just starting to trade.

    But not everything is smooth sailing on IQ Option, even with its many advantages and being used by traders from more than 200 different countries, the national public had some problems with the platform, as recorded on Reclame Aqui. 

    While all your personal and bank details are safe, most complaints filed against the company are with the withdrawal of your money. That way, in case you decide to use the platform, be prepared to deal with it and have a good headache in the attempts to withdraw your money.

    Learn More: Clear Corretora: Is it good? How to open an account? Know everything here

    Audio Video IQ Option: How to enter and what to know before opening your account
    add a comment of IQ Option: How to enter and what to know before opening your account
    Comment sent successfully! We will review it in the next few hours.