IQOptions Binary option brokerage

KPFL -NZ IQOptions Trading Brokerage

 Review of IQ Option : KPFL Binary New Zealand

Recently established, IQOption is a Cyrpus based binary broker that is owned by a holding company called Investlab Trading Limited. The company operates through a management company called Infofield Premier Limited and specializes in offering binary trading services to International Traders, however due to trading regulations US and Japanese traders cannot access this platform. saying that IQOption has  a “no frills” approach. With their proprietary binary trading platform, Traders of IQOption can earn up to as high as 93% return on their investments within a matter of minutes. Apart from the high returns offered, traders also have a chance to win attractive prizes ranging from $250 to $500 in trading competitions organized by IQOption.

You can sign up in under a minute and get started right away on IQ Option. One of the best things about this broker is that they offer a demo account which you can use indefinitely. There are no limitations as far as time goes, and you do not even need to make a deposit to use the demo account. This is a wonderful feature. It is also really easy to access; you do not need to get in touch with customer service or anything. You’ll find the link to open a demo account at the top of the page right next to the link for opening a real account. At any time, you can choose to deposit funds through one of the numerous deposit methods which the site offers. You can only open an account in US, Euro, Sterling or Rubes  and the minimum deposit size is $10 up to $1000. I would suggest depositing $100-$300 dollars for your first deposit as this will give you a better chance at making some profits straight away. Too little of a deposit like $50.00 and you wont be able to get the return you would like. Along with credit and debit card, the site offers a variety of e-wallets and online payment services, most of which are used worldwide. No withdrawal fees are posted, and neither are any minimum withdrawal thresholds.

The Trading Platform

The trading platform adopted by IQOption is proprietary and differs significantly from most generic platforms used by many of the leading binary option brokers on the Internet. 

For starters, asset selection is done by means of a tab system positioned on top of the price chart. More assets can be seen on the drop-down list on the right side of the tabs. At the furthest end on the right side of the trading platform, traders will find the action buttons for the kinds of options (Call/Put) that they want to trade with. Here, they can also decide the amount that they want to invest in. While most binary option trading platforms uses a slider bar to help traders select the amount that they want to invest, at IQOption, the investment amounts are already predefined. Traders can choose from fixed amounts such as $10, $20, $50, and  $80.  Traders can still arbitrarily decide the amount that they want to invest just by keying in an alternative amount into the amount box. On the left side of the trading platform, traders will find all the navigation choices located here. Traders can access the type of trades that they want to make as well as their personal section within the platform. The personal section shows information such as banking transactions as well as trading history. The customer support option is also located here in the personal cabinet section. support@iqoption.com

Mobile Trading Mobile trading with IQOption binary trading platform is also supported through the provisions of android and iOS based mobile trading app.

 Unique Feature A key feature about IQOption  trading platform is the ability for traders to make several trades on the same chart. This is useful especially when traders want to engage in some trading strategies such as the “Fence” trading strategy since they can easily view their purchases against the highs and lows of underlying asset.

Trade Types At present, traders have only the ability to trade with classic High/Low binaries. However, they can decide if they want to trade normally or faster with the Turbo trade feature.

Trading Accounts Choices of trading accounts at IQOption are rather limited. Currently traders only have two types of trading account to choose from, normal and VIP account. The amount of bonuses which a trader will get varies according to the amount deposited. Although the minimum deposit requirement is just $10, to qualify for a 20% bonus, traders need to make a minimum deposit of $100.
Payout Ratios The payouts offered by IQOption are one of the highest in the binary trading industry. In the right condition, traders have a chance to earn as much as 93% on their investments. Asset 

Index Although the type of trading contracts offered is limited to classic High/Low binary options, the range of assets which they can trade is quite extensive numbering around 76 different type of assets.  Customer Support Even though IQOption is specially targeted at European clients, their website is also available in 4 other major languages such as

• English
• Indonesian,
• Spanish, and
• Portuguese.

To contact the support team, traders can do so through email, Live Chat, Skype or through the Web form provided on the website. support@iqoption.com Reliability In terms of operational reliability, I found IQOption trading platform to be working smoothly without any major hiccups. Trades are executed within seconds and without errors. As for operational reliability, since IQOption is a new broker, it is understandable that they lack any history in this respect. As far as I  can tell, there has been no negative feedback on the internet about the quality of their services. and according to my sources and they are pretty well informed IQOption is by far the BEST platform out there right now.



Pros

• Attractive Prizes Offered In Trading Competitions
• Deposit Bonuses Ranging From 20% To 90%
• Extensive List Of Underlying Assets To Trade With
• Intuitive Proprietary Trading Platform
• Low Minimum $10.00 Deposit Requirement ( suggest first Deposit $100 -$300)
• Very High Returns Offered up to 93%
• Deposit Free Demo Account Provided (No Deposit required)

Cons

• Limited Choices Of Trading Contracts
• New Broker With No Track Record (only time will tell)
• Only Limited Number of Trading Tools ( I'm hoping this will increase over time)

Conclusion My conclusion and final review with their low minimum deposit and trade requirements, IQOption  is ideally suited for small account holders. The deposit free and unlimited demo account provides new traders with opportunities to try out the trading platform without having to risk any money. The main issue  that I have about IQOption is their rather limited choices of trading contracts offered. Hopefully, this will be rectified in the near future. Nevertheless, traders looking for a new type f trading platform to experiment with should seriously consider giving IQOption a try.

Ease of Access:                 4.9     
Platform performance:       4.9      
Reliability:                           4.8     
Customer Support:            4.9    
Payouts Percentage         4.9     
 So I Give them Not quite five Stats..( Just the trading History gave them a lower score.)

                                   

Rating: 4.9/5 

IQOptions Binary trading:  4.9. out of 5 based on my own ratings I hope you enjoyed reading my review Please leave a comment or feedback at the bottom of this review as I do appreciate all the comments you send me.."And may all your trades be profitable".

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