Brief information about the IQ Option
Brokerage office IQ Option was registered in Cyprus in 2013. Its owner is the largest financial holding Alta Vista Trading ltd. The company provides services in the field of binary options trading. As noted by many regular customers in their reviews, she does it professionally and transparently. This is confirmed by licenses awarded by financial regulators CySEC, FCA, MiFID. Until recently, the firm had one more certificate from the government body, the CROFR, but due to circumstances that forced the broker to stop working with traders from the world in 2016, the license was revoked.
Clients of the IQ Option trading platform will be able to appreciate the benefits of conditions, including:
- minimum down payment: $ 10;
- minimum option value: $ 1;
- profitability indicator: up to 91%;
- compensation for losses: up to 60%;
- a demo account;
- profit withdrawal period: from 1 to 3 days.
How to register an account on IQ Option
As noted above, working with a broker from the United States is not available. The rest of the clients are given the opportunity to open an account by following the step-by-step instructions:
- Log in to the official website of the company https://iqoption.com/ru.
- Fill out the form located on the right side of the screen.
- Enter first name, last name, e-mail address and a password in the empty fields.
- Put a tick on the agreement with the terms of the agreement and click “Open an account for free”.
- For authorization, a message will be sent to the specified e-mail box, which will offer an activation code and a link to go to your account.
- After registration, a demo account becomes available to the user, which can be transferred to a real one after the first deposit is made. There is also a second way to register on the broker’s site. By clicking on one of them, the participant agrees to the use of his profile data to create an account with IQ Option.
Getting to know their trading platform
The brokerage company offers its clients a modern specially designed web portal with an intuitive interface and the ability to change the language of the site. With the help of a conveniently structured menu, players can easily use the offered tools and make profitable deals. It is recommended to start trading by choosing an account, of which there are only three:
- Trial profile. This is a trial profile of a trading profile designed to train novice traders. For this, the broker provides 1000 virtual dollars, with which the user can buy options, developing effective strategies and using all kinds of trading tools.
- Real profile. The minimum start-up investment is only $ 10. After that, the trader can enter into transactions with real money and receive real profits from the trade.
- VIP account. To get a privileged account, you need to replenish your account in one payment in the amount of $ 3,000 or more.
IQ Option binary options are based on quotes of financial assets, including:
- Shares of such well-known companies as Apple, Google, Barclays, Orange, Gazprom and others;
- Currency pairs: GBP / USD, EUR / USD, USD / JPY, USD / CHF, USD / RUB;
- Commodities: gold, silver, corn, oil, grain;
- Cryptocurrency: Qtum, Ethereum Classic, Bitcoin Cash, Dash.
The main aspects to consider when working with the trading platform in question are
- Various options for using the terminal. If desired, a trader can download and install software on a computer or carry out trading activities through a browser. Also, the creators have developed a mobile application, thanks to which the user can always have access to a personal account.
- Several types of charts. For trading, it is proposed to use several chart schemes at the same time, their number can reach 9. Among the current options are linear, zone, candlestick, bar price charts, as well as “Heiken-Ashi” and “Empty candles”.
- A wide range of expiration dates. The duration of the trade can vary from 60 seconds to 30 days.
- Variety of indicators. To assess the market situation, you can use such tools as Moving Average, Bollinger Bands, MACD, ATR, RSI, Stochastic Oscillator, Awesome Oscillator and others.
- Lots of timeframes. The broker offers 18 time periods, which scalpers will certainly appreciate, because in technical analysis, a candlestick chart can be set from a 5-second timeframe. The maximum interval provided by the platform is 1 month.
- Possibility of early closing of the transaction. The broker’s terms and conditions allow the trade to be terminated before the expiration date. The amount of damages can vary from 40 to 60%.
Types of options contracts from IQ Option
Trading on the platform can be carried out using classic and turbo options. Compared to other brokerage sites, this is a fairly small choice, however, due to such an indicator as the execution time of a transaction, which is presented in a wide range of intervals, you can experiment and set the most successful expirations.
Tournaments and other special offers
IQ Option is one of the few companies that hold various tournaments in the terminal, which are presented in the corresponding section on the broker’s website. To become a member you need to go through a simple registration procedure. The winners of the competition are the traders who were able to make the most profit using the $ 100 provided by the tournament organizers.
It is worth noting that each type of competition has an individual cost and a prize fund, which is set depending on the amount of the contribution and the number of users. The first 30 participants can receive cash rewards.
Training for beginner traders
The broker provides a decent tutorial on their website. In the section “Traders” there are many useful and exciting materials, including:
- Video training. Here are 16 lessons that are devoted to working with binary options. In addition, some reviews provide comprehensive information on technical analysis.
- Help. This category contains answers from highly qualified platform specialists to frequently asked customer questions.
Consultation of specialists
If you have any questions, the client of the platform can contact the round-the-clock support service. For this, there are several options for addressing:
- telephones (from different countries of the world);
- Live chat;
- ticket system;
For clients with a VIP account, the services of a personal manager are provided. Judging by the feedback from users, technical support is working fine, specialists respond to requests as soon as possible.
Methods for depositing and withdrawing money
Financial transactions related to account replenishment or transfer of profit to a personal account are carried out using the following services:
- Payment systems Skrill, Neteller and FasaPay;
- Bank cards VISA, MasterCard and Maestro;
- Electronic wallet Webmoney.
The deposit is credited to the real account of the trader instantly. As for the withdrawal of funds, the processing time for the application and the transaction itself requires from 1 to 3 days, depending on the type of the client’s account. In addition, transactions with finances on the IQ Option trading platform do not imply any commissions or other payments.
Advantages and disadvantages of a broker
Every binary options trading company has strengths and weaknesses. The IQ Option operator is no exception, which has a number of advantages:
- fast registration procedure;
- the ability to work with monetary units of different countries;
- low threshold for entry into the options market;
- availability of a mobile application;
- demo account with 1000 virtual dollars;
- round-the-clock technical support for clients;
- no commission for depositing and withdrawing funds;
- deep and informative section with analytical materials and news of the economic sphere.
In addition, the trading platform upsets users with a list of negative nuances:
- the company is registered offshore;
- since 2016, the site has ceased to cooperate with traders from all the world;
- delays in withdrawing funds.
Brief information about Libertex
Libertex is a unique platform from a highly reliable broker, which is currently licensed by CySEC and has been operating for over 20 years. However, it should be said right away that this broker is only for Europeans and the CIS countries, since the broker does not work with the USA, Canada and Japan.
Platform interface overview
First of all, let’s pay attention to the appearance of the Libertex trading terminal.
The platform has a pretty nice design in dark colors. Several languages are supported, in particular, a full-fledged Spanish and e.t.c. versions work. Available assets include:
- Oil and gas;
- Currencies and cryptocurrencies;
- Agricultural products;
As for the analytical capabilities, Libertex has access to indicators and drawing tools, the number of which significantly exceeds the standard list in MetaTrader.
Platform for Android and iOS
There is a variant of applications for devices from Apple or on the Android operating system. Externally, the programs have a similar design, adapted to the corresponding screen resolutions on tablets and smartphones.
If you wish, you can even open deals using Apple Watch.
An equally important aspect is the provision of measures for a secure connection to the resource. It is provided by two factors:
- Using the HTTPS protocol – the system provides an SSL certificate and a 2048-bit length of the security key;
- Stronger authentication and terminal login notifications.
In the current conditions, such a complex makes it possible to achieve an excellent level of safety.
How to open deals in the platform
As for opening deals in Libertex, almost everyone will be able to intuitively understand how this is done, thanks to a simple interface. For those who have not yet opened the terminal, we will list the procedure.
After you have logged in with your account and topped up your account, you need to select the appropriate asset. Take Volkswagen stock, for example. On the opened chart, you need to click on the “Open deal” button:
In the next window, fields will appear where the data on the deal is filled in. You must specify the exact amount of the transaction (minimum 10 USD), the multiplier (leverage), and do not forget to limit profit and loss (analogues of Stop Loss and Take Profit):
Then it is enough to select “Down” or “Up” depending on your forecast, and the deal will be opened in real time. In order to open a position at a specific price, there is a second window “At quotes”, where you can specify the desired price.
Instructions on how to withdraw money from Libertex
The process of withdrawing funds from the account is made from the platform itself. To do this, select the drop-down menu next to the account name at the top. Next, we are interested in the Withdrawal section.
The next step is to create an application using the button in the lower right corner and select the appropriate withdrawal method.
The withdrawal period will depend on the chosen method. In most cases, it will execute instantly. An exception is a bank transfer using bank details. At the moment, you can withdraw money from the account using the following methods:
- bank cards (instantly, commission 2.5% of the amount);
- QIWI (instantly, no commissions);
- WebMoney (instantly, commission 0.8% of the amount);
- YuMoney (instantly, no commissions);
- bank transfer (2 to 5 business days).
In general, there are enough options for withdrawal. Each trader will find a suitable and profitable way for himself.
The Libertex trading terminal is undoubtedly a unique development from a very large and reliable broker. It also has benefits such as:
- simple and easy-to-learn interface;
- nice design;
- a wide range of technical tools, including indicators;
- instant withdrawal of funds.
- Trading here will be of interest to everyone. Convenience will contribute to a calmer and more thoughtful analysis, as a result, and a greater percentage of profitable trades.
Outcome IQ Option
At the end of the IQ Option vs Libertex review, it is worth adding that the company of IQ has a promising and competitive trading platform with a huge number of registered users.
As a result of the popularization of the terminal, the conditions for trading are improving on it every year, the profitability indicator is growing, which means that the operator is not in vain included in the rating of reliable and respectable brokers.