Trading in IQ Option

By Rogério, from Brazil, January 30, 2024 at 09:54 PM

In my experience, IQ Option is the best in the trading market. As far as I know, IQ Option has been serving traders for a significant period, earning a solid reputation in the industry and their customer support was always helpful when I needed it.

Answer: Hi Rogério,
IQ Option is operated by an IQ Option Europe company that was founded in 2013 and claims to be one of the fastest-growing online trading brands in the world with over 40 million members. The IQ Option offering includes trading in binary options, currencies, ETF trading, and stocks as well as the exclusive IQOption product called Digital Options.
  • IQ Option is a registered company by CySEC with an allowance to provide its services within the EEA zone with a number of registrations from other EU authorities and claims its attractive location in Cyprus. Nevertheless, at the fact the domain and all rights belong to IQ Option Ltd registered in Seychelles, a known offshore hub, while the Cyprus branch operates for payment transaction management.
  • Overall, there is no sustainable trust in the delivered IQ Option trading environment since there are many complaints from the broker’s clients along with the official periodical issues in terms of non-maintained order records of clients, transactions, material, and the approval of the information.
  • The broker has been in operation for a considerable period, consistently operating from offshore locations. On one hand, this may seem like a positive aspect, with the broker’s longevity and service to clients. However, it still lacks the level of trustworthiness that comes with a reputable license, assuring potential market manipulations or other risks.
  • We strongly advise all investors and traders to avoid IQ Options and other brokers with doubtful reputations. Instead, we recommend opening a trading account only with brokers which are regulated by respected world authorities comply with the required set of rules, and have a good reputation in the market.

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