IQ Option Review 2020 – Is this broker good?
| General Information |
|
|---|---|
| Broker Name: | IQ Option |
| Broker Type: | Forex |
| Country: | Cyprus |
| Operating since year: | 2013 |
| Regulation: | CySEC |
| Adress: | Agiou Athanasiou Avenue 33, 4102, Limassol, Cyprus |
| Broker status: | Regulated |
| Customer Service | |
| Phone: | +61 261 452 936(Canberra), +44 20 8068 0760(London toll rate), |
| Email: | support@iqoption.com |
| Languages: | English, Russian, Chinese, Spanish, Portuguese, Turkish, Indonesian, Italian, German, Korean, French, Swedish, Vietnamese |
| Availability: | 24/7 |
| Trading | |
| Trading platforms: | Proprietary |
| Trading platform Time zone: | N/A |
| Demo account: | Yes |
| Mobile trading: | Yes |
| Web-based trading: | Yes |
| Bonuses: | No |
| Account | |
| Minimum deposit ($): | $10 |
| Maximal leverage: | N/A |
| Spread: | Yes |
| Scalping allowed: | Yes |
Review Contents:
- Introduction
- Regulations
- Account opening
- Trading Platform
- IQ Option Tradable Products
- Trading Features
- Commissions and Spreads
- Customer Support
- IQ Option Review Conclusion
Introduction to IQ Option Review
Many client reviews blame the broker in scams and frauds. As some of them disclosed, it is especially hard to withdraw the funds. Let us review the broker and try to figure out whether the broker’s status ourselves.
IQ Option Europe Ltd was founded in 2013. Its headquarters are in Cyprus. Cyprus Securities and Exchange Commission (CySEC) regulates the Broker. IQ Option is a binary options provider. It offers free demo accounts, multiple trading instruments, and a unique trading platform.
The broker offers a variety of different features suitable for both beginner and advanced traders. This includes the use of a free demo account, up to date technical analysis via their blog covering a wide variety of asset classes, as well as an economic and earnings calendar for stock traders and educational videos.
Regulations: Is IQ Option a Scam?
Cyprus Securities and Exchange Commission (CySEC) regulates IQ Option. Also, it and is a member of the Investor Compensation Fund that provides clients with segregated accounts and a negative balance protection policy in line with ESMA regulations.
It allows the broker to provide services to other European Economic Area (EEA) countries. IQ Option offers further protection to clients membership of the Investor Compensation Fund and holding client funds in segregated bank accounts.
These details are confirmed on their website, as shown below.
Account Opening
IQ Option provides three different trading accounts. All of them are in line with ESMA regulations. These are quite two quite standard retail accounts and one professional account.
Opening an account with IQ Option is simple. The client can click the Sign-Up button on the broker’s homepage and start to trade. Traders can switch between a practice account and live account. By Clicking on the Trade Now option, the client will open the IQ Option trading platform.
Also, users will be sent an email to verify their registered email address via email. Once this is confirmed, users are asked to confirm their phone number, personal details, and trading experience.
Users must fill out the forms before any deposits are made. However, these verification
processes can be done at any time.
To access the personal IQ Option member’s area, users can click the face icon on the top right of the website. This will pop up on the right side of the page. There, users can view balances, deposit, trading history and withdrawal instructions, etc.
IQ Option’s offering and account opening processes are user-friendly and easy to understand. Every account is in line with ESMA regulations. This also includes the free use of an IQ Option Demo Trading Account.
However, the broker does not accept clients from Australia, Belgium, Canada, Iran, Israel, Japan, Latvia, North Korea, Palestine, Russia, Sudan, Syria, or the USA.
Deposit and Withdrawals Options
IQ Option grants its users a variety of ways to deposit funds into a trading account. It can is done through Neteller, Sofort, Skrill, PayPal, Visa, WebMoney, bank wire transfer and via Visa / MasterCard or any credit card. Deposits are commission-free. Traders can deposit funds directly from the member’s area by clicking on the Deposit tab.
They mostly range from instant to 1-3 business day deposits. The broker provides a wide range of ways to withdraw funds with the minimum deposit being 10 EUR/GBP/USD. However, commissions and the processing times differ depending on the method chosen.
Generally, IQ Option withdrawal is commission-free. The exceptions are bank wire transfers. There are also certain minimums to abide by as listed above. Web & Desktop Trading Platforms
Trading Platform
The IQ Option clients can reach the trading platform via web or desktop IQ option download for PC and Mac. To download the platform, users need to select the Download the App button on the broker’s homepage.
The design is user-friendly. However, the order functionalities are quite limited and challenging, compared to MetaTrader and cTrader.
Mobile Trading Platforms
The IQ Option mobile trading app is easy to use, offers the same level of functionality as the web and desktop version, making it suitable for both beginner and advanced traders.
IQ Option Tradable Products
IQ Option offers a wide range of asset classes for traders. It includes CFD trading on 64 Forex pairs, 186 Stocks, 25 ETFs, 10 Cryptocurrencies and 5 Commodities. IQ Option also offers Binary and Digital Options trading on 56 different markets. However, this is only available to professional clients. Trading costs such as spreads and overnight funding (swap) rates vary depending on the traded instrument. For example, when logged in to the broker’s trading platform the spread on EUR/USD is just 1.3 pips.
Trading Features
IQ Option’s proprietary trading platform has no additional downloads to add more features. There are additional trading features, such as automated trading or social trading. However, professional clients can use Binary and Digital Options trading products. IQ Option likely to be appreciated by binary option trades .
The users can also access a live chat option in different trading rooms. These include:
- Stocks Chat
- English Chat
- Forex Chat
- Crypto Chat
Commissions & Spreads
The trading fees in IQ Options are the same for both retail and professional traders. Even though Trading Fees and Hours page, not all fees are listed.
Usually, the broker offers commission-free trading. In addition to a broker markup, IQ Option has a variety of spreads and swaps.
Forex Trading
Forex trading CFDs is commission-free with variable spreads and swap fees. The broker gives a detailed breakdown on their website. The user will find information on average spreads, trading hours, and swap rates for each individual Forex pair.
Commodities Trading
IQ Option offers commission-free trading on commodities. It also is with variable spreads and swap fees.
Stocks Trading
The broker grants their clients commission-free trading on Stock CFDs, with variable spreads and swap fees.
Cryptocurrency Trading
Commission-free trading on crypto, they are also with variable spreads and swap fees.
However, there are other fees to be aware of when trading with IQ Option.
•Verification account closure fee is up to 5 EUR.
•Dormant account fees, charged monthly, up to 10 EUR.
•Exchange fees charged by banks or payment service providers for deposits and withdrawals.
Bonus & Promotions
Currently, it does not offer any bonus or promotions. ESMA (European Securities and Markets Authority) regulations restrict EU brokers from these kinds of offerings. This is the reason why IQ Option does not currently have any.
Customer Support
IQ Option offers 24 hours a day, seven days a week customer support via Phone, Live Chat, Email, Telegram and Social Media in English, Portuguese and Spanish.
Research
IQ Option offers Users to access a wide variety of up to date research tools and articles straight up from the website. The broker offers an impressive Economic and Earnings Calendar for Stock traders.
Users can also research stocks through the broker’s Stock Collections separated by Sector and Industry. Traders can also access impressive information on individual companies. All of these features are ideal for both beginner and advanced traders.
Trader Education
IQ Option offers traders access to the broker’s Ultimate Trading Hub. It has detailed videos and information on a variety of topics.
Beginner and advanced trading topics are covered in the video IQ Option tutorial section. The Market News and Crypto Digest sections contain the most interesting videos and are quite up to date with recent market action.
IQ Option Trading Experience
IQ Option provides a simple and user-friendly trading experience. It offers a relatively easy account opening process for all Retail and Professional clients. The IQ Option broker grants traders the ability to trade on 345+ tradable assets across Forex, Commodities, Cryptocurrencies, Stocks, and ETFs on a commission-free basis. Unfortunately, they do not have trading on Indices.
There are no offers on third-party platforms, like MetaTrader or cTrader. However, IQ Option provides a user-friendly proprietary trading platform that is compatible with PC, Mac, Web, Android or iOS systems. It offers a wide range of features such as market analysis, one-click trading, etc. Advanced traders may find some order functionality limited. In the end, the mobile trading app offers a lot of features compared to other mobile trading apps.
IQ Option Review Conclusion
The broker is regulated. That is a fact. However, many client call the broker dishonest and scam. Option offers trading on more than 345+ tradable assets across Forex, Stocks, Commodities, Cryptocurrencies, and ETFs but no Indices at this moment. The IQ Option trading platform is unique.
IQ Option Advantages
- Regulated by CySEC
- Negative balance protection policy
- Segregated client funds
- 345+ tradable assets: Forex, Stocks, Commodities, Cryptocurrencies, and ETFs via CFDs
- 24/7 customer support
- Up to date technical analysis blog
Considerations
- No indices to trade on
- MetaTrader or cTrader platforms not offered
- Binary and Digital Options only for professional clients
All in all, we can say without any doubt that IQ Option is a full-featured platform. It offers great
value, even though it is new in the industry of trading. It operates in around 200 countries and
has the highest reputation in the industry of trading.
Nevertheless, the lack of the industry standard MT4 platform might be negative for experienced
traders.
So, if you want to trade with this stabile brokerage company IQ Option is an intelligent choice. It
is stable and most traders are satisfied with this company. So, we wish you luck and welcome
you to provide any suggestions or corrections.
We would advise to be cautious and before trading, check out additional information about this broker.
IQ Option Review
Name: IQ Option
Description: IQ Option is a binary options provider. It offers free demo accounts, multiple trading instruments, and a unique trading platform. Cyprus Securities and Exchange Commission (CySEC) regulates IQ Option.
Overall
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Support
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Platform
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Spread
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Trading Instrument
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Poor company
Poor trading company. There is a great delay in withdrawals.
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Bad broker
Not a good trading broker. They never pay a profit.
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Do not trust
Rubbish trading company. Do not trust them.
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Slow withdrawals
Very slow withdrawal process. I will never trade with this broker again. They gave me so much headeache on withdrawal process.
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Slow withdrawals
Since the day I started trading with this broker, the problem I had to face is slow withdrawals.
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Poor broker
I do not like the services and so I move out. Have traded with them for couple of weeks and all services sucks.
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Missing withdrawal
Please be warned not to join or even think about joining this broker. If you are with them I would advice closing account immediately. I am still waiting for the missing funds up til now. They said they will look into it but it’s been 3 freaking weeks still don’t have it.
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Waste of money
Do not trade with them. It is just a waste of money.
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Slow withdrawals
Slow withdrawal process. There are so many required terms and documents.
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Slow customer service
Slow customer service. They are not good at all.
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Poor customer service
Poor customer service. They are not skilled in forex trading.
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Difficult withdrawal process
I find it very difficult to request for withdrawal. They intentionally give me hard time as if they do not want anyone to withdraw money.
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Do not deal
I have lost huge money here. Do not deal with them.
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Unable to withdraw
I was not able to get my profit from this broker. They gave so many excuses.
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Bad customer service
Iresponsive brokers and bad customer service.
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Poor forex broker
Slow withdrawals,poor services and unprofitable signals. I will never trade with them again.
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Slow customer service
Slow customer service. I end up losing so much due to late responses. This is something that they need to improve on.
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Unreliable
Overall performance isn’t good at all. I can’t rely on the services and the signals.
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Too many technical problem
Too many technical problems to face. I won’t trade with them again.
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Do not trust this broker
Nobody should trust this broker. I gave them my money because they told me it is a good investment and gives out good return. But I lost all.
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Slow customer service
Slow customer service.They are not good at all.
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Slow withdrawals
Slow withdrawals. There are so many terms and requirements needed.
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Worst signals
Worst trading signals. I lose more money here.
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Worst trading company
Worst trading company. They do not treat customers well.
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Inaccurate signals
Do not trade with this broker company. The signals are not accurate.
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Issues on withdrawals
There are so many issues on their withdrawal process. Will never trade with them again.
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Worst trading platform
I wonder if his broker has resolve the technical problem on their software. I have dealt with it last year and I quit due to platform issues.
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Worst broker
Not good. I have used their services in the past for I think about a month and it is really one of the worst.
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Avoid them
Avoid of dealing with them by all means, they will run away with your hard-earned money.
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Slow withdrawals
Slow withdrawals. There are so many terms and requirements needed.
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Worst signals
Worst in terms of withdrawals and signals but have friendly customer service.
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Poor customer service
Poor customer service. They are not skilled in forex trading.
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Poor forex broker
I thought they are good brokers but apparently, they are not. I had no choice but to quit trading with them.
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Scam-broker
Stay away from this scam-broker. They are fake and unregulated.
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Too many technical problem
Too many technical problems to face. I won’t trade with them again.
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Scammers
Company of scammers. Beware of these guys.
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Unreliable broker
I can not trust this broker, signals and services are very unreliable. I’ll be changing brokers soon.
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Worst signals
Worst in terms of withdrawals and signals but have friendly customer service.
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Unreliable
Unreliable trading services. I can not rely on the services, and poor signals too.
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Scammers
Be very vigilant, avoid this trading company. They are scammers and not legit trading brokers.
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Manipulate trades
Manipulates trades. I have lost so much money on this.
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Not worth it
Not worth my money and time. I did not gain profit trading with this broker.
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Beware
Do not pay a profit. Beware.
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Worst broker
Worst broker company. Withdrawal is almost impossible.
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Irresponsible brokers
Irresponsible brokers. They did not attend to my trading needs which causes me great losses.
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Poor broker
I do not like the services and so I move out. Have traded with them for a couple of weeks and all services suck.
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Do not trade here
Do not trade here. They do not approve withdrawal requests.
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Slow withdrawals
Slow withdrawals. They’ve got the worst withdrawal process I have ever seen. I will not recommend this broker to anyone.
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Stay away from them
Very convincing but they are fake broker companies. Stay away from them.
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Poor customer service
Their customer service always misinforms me. It seems like they are not knowledgeable enough to assist.
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Bad people
Bad people. Give my money back.
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Waste of money
Do not trade with them. It is just a waste of money.
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Bad services
Bad trading services. THe do not process withdrawals and ignore you after the deposit stage.
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Expensive offers
Very expensive offers. I end up paying more than gaining profit.
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Irresponsible brokers
Irresponsible brokers. They did not attend to my trading needs which causes me great losses.
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Unreliable
Overall performance isn’t good at all. I can’t rely on the services and the signals.
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Slow customer service
Slow customer service. I end up losing so much due to late responses. This is something that they need to improve on.
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Poor trading instruction
They only give out half-bake trading instructions. Most of the time I lose money.
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Bad forex broker
Very annoying and disturbing phone calls. They are fond of making unsolicited calls asking for more money.
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Delayed withdrawals
Delayed withdrawal process. I end up waiting for so long. Did so many follow-ups but still waited too long for my money.
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Gambling
Pain to see, I am simply gambling and nothing is really sure.
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Worst customer service
Worst customer service. They are rude and unhelpful.
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Bad broker
Bad broker services, I do get so much headache on their withdrawal process.
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Not recommended
They process withdrawal really slowly. Not recommended.
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Delayed withdrawals
Delayed withdrawals. I notice that it happens to me on my first withdrawal and continues to happen til on my second month. I will switch to a different broker.
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Poor trading signals
They are a big company but not a good broker in terms of signals. I traded with them but did not get a good profit.
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Slow withdrawals
Slow withdrawal process. There are so many required terms and documents.
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Inaccurate signals
Inaccurate signals seem like these are mere speculations and have no basis at all.
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Do not trust this broker
Nobody should trust this broker. I gave them my money because they told me it is a good investment and gives out a good return. But I lost all.
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Unreliable services
Slow customer service. They are really very unreliable.
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Worst trading company
Worst trading company. They do not treat customers well.
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Unable to withdraw
I had a couple of bad experiences. One is that I was not able to get my money and second people are rude and demanding.
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Aggressive brokers
I was forced to add more money. They always sound so aggressive. Do not listen to me but instead forced me to collect more money.
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Poor customer service
Poor customer service. They do not attend to urgent matters right away.
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Poor trading tools
Poor trading tools. I always encounter technical errors and glitches.
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Poor customer service
Poor customer service. They are not skilled in forex trading.
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Too many technical problem
Too many technical problems to face. I won’t trade with them again.
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Not recommended
Slow customer service. I am not happy with any of their services. Not recommended.
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Slow withdrawals
Slow withdrawal process. I have waited too long for a simple withdrawal.
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Do not trade here
Do not trade here. They do not approve withdrawal requests.
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Slow withdrawals
Very slow withdrawal process. They gave me hard time and ask for so many documents.
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Poor broker
Poor broker performance. They are not good at all.
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Poor services
Poor services and weak broker advise. I am not impressed with these broker services and I’ve got no reasons for keeping them.
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Slow withdrawals
Very slow withdrawal process. I will never trade with this broker again. They gave me so many headaches during the withdrawal process.
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Slow withdrawals
Since the day I started trading with this broker, the problem I had to face is slow withdrawals.
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Unreliable signals
I stopped trading with this broker. Signals are unreliable.
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Missing withdrawal
Please be warned not to join or even think about joining this broker. If you are with them I would advise closing the account immediately. I am still waiting for the missing funds up til now. They said they will look into it but it’s been 3 freaking weeks still don’t have it.
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Poor signals
I am not trading with them again. Poor broker signals and rude customer service.
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Poor broker company
Poor broker company. They do not pay profit and withdrawal is very slow.
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Avoid them
Did not pay my profit. Avoid them by all means.
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Do not trust
They have stolen money from people who do not trust them.
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Slow withdrawals
Slow withdrawals and poor customer service. Do not trade with them.
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Worst experience
The worst experience I had is with this broker. I lose all my money and faces so many troubles.
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Fraud broker company
Don’t fall for their sweet promises and great profit projection. This company is a fraud, they will hook you to deposit more and will never give your money back. It happens to me, it can also happen to anyone.
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Trouble with their system
I had trouble using their system. I find it very confusing and too many technical problems.
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Worst
One of the worst trading brokers. Among the brokers I have traded with, they are the worst, really.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Not a responsible broker
Not a responsible broker. Most of the time they are unavailable to help and they do not give a damn on concerns after withdrawals.
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Poor customer service
Poor customer service. They seem so clueless about their services.
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Promise too much
They promise too much. On the actual trading, they do not perform well.
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Worst signals
Worst trading signals. I lose more money here.
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Bad people
Bad people, take the money and run.
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Unreliable services
Slow customer service. They are really very unreliable.
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Unresponsive customer service
Unresponsive customer service. If I call them, I get no answer but they are not responding to messages, too.
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Fraud
They are frauds so do stay away from them.
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Worst broker company
The worst broker company I have ever dealt with. I had consecutive losses.
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Lose money here
I was convinced by their sales team to deposit and try because of their very strong presentation. But I regret doing so, have lost so much money here.
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Incompetent brokers
Incompetent brokers. I have used their services and it is no good at all.
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Unresponsive customer service
Unresponsive customer service. If I call them, I get no answer but they are not responding to messages, too.
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Slow responses
Slow responses from them caused me so much trouble. I even had losses because of slow responses.
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No withdrawals
I do not recommend trading with this broker. I was not able to get any withdrawal, they always disapprove of my request.
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Withdrawal problems
Do not trade here. I encounter so many problems especially when it comes to withdrawals.
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Not worth it
Not worth my money and time. I did not gain profit from trading with this broker.
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Unauthorized brokers
They are unauthorized brokers. I have lost so much money on their offers.
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Scammers
Unregulated and notorious scammers. Avoid these people.
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Bad people
Bad people. Stay away from them. They ask me for all my information and took all my hard-earned money.
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Worst brokers
Extremely unreliable trading broker. They are one of the worst.
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Beware
Not a legitimate broker. they are fake. Beware.
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Total scam
Totally a scam. Stay away from this broker.
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Unresponsive
Very unresponsive. They ignore me most of the time, causing me greater losses.
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Do not trust them
They are liars and only ask for money. Do not trust them.
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Poor customer service
Their customer service always misinforms me. It seems like they are not knowledgeable enough to assist.
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Indecent broker
Unprofessional and indecent brokers. They trade on their own and are very manipulative. Never listen to my concern and will never take a no for an answer on redeposit proposals.
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Do not trust
Rubbish trading company. Do not trust them.
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Rude customer service
Poor customer service. I always get a rude representative over the phone.
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Do not deal
Do not deal with this broker. They are unauthorized to operate and most of their clients lose money including me.
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Worst trading experience
I had the worst trading experience with this broker. I have lose so much money. They promised one thing but on the actual trading, it did not happen.
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Worst signals
Worst trading signals. I lose more money here.
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Unreliable signals
I stopped trading with this broker. Signals are unreliable.
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Unreliable signals
I stopped trading with this broker. Signals are unreliable.
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Do not invest
Do not invest money here. It is not worth your money and time.
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Poor trading tools
Poor trading tools. So many technical problems.
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Poor trading service
Poor trading services. I have used this broker service for a month and I never got any refund. I have observed signals are most of the time against the market movements.
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Not recommended
Not recommended. There are so many bad reasons to change them, got so many losses.
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Worst signals
Worst trading signals. I lose more money here.
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Worst
One of the worst trading brokers. Among the brokers I have traded with, they are the worst, really.
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Worst signals
Worst trading signals. I lose more money here.
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Slow responses
Slow responses from them causing me so much trouble. I even had losses because of slow responses.
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Bad trading company
I did not gain anything. Will never trade with them again.
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Worst signals
Worst trading signals. I lose more money here.
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Fraud company
This is a fraud broker company. I know because I have been a victim of their schemes.
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Worst signals
Worst trading signals. I lose more money here.
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Harassing phone calls
They keep on calling. I find it very annoying, these are unscheduled calls asking for more money. I regret activating an account with this broker.
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Lose money on this
I have lost so much money on this trading scheme. Do not dare to even try.
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Worst signals
Worst trading signals. I lose more money here.
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Denies my withdrawals
They deny my withdrawal request. Not a good broker to deal with.
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Poor trading profit
The profit projected is very far from reality. Be careful in investing money with this broker.
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Worst signals
Worst trading signals. I lose more money here.
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Issues on withdrawals
There are so many issues with their withdrawal process. Will never trade with them again.
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Bad broker
Not a good broker to deal with. Signals are unreliable and customer service is rude.
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Slow customer service
Slow customer service. I have lost a fortune before they respond.
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Worst broker company
The worst broker company I have ever dealt with. I had consecutive losses.
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Slow responses
Very slow responses from customer service. I even had a hard time calling them.
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Slow withdrawals
Very difficult and slow withdrawals. I am not using this broker service again.
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Slow withdrawals
Slow withdrawal requests and poor broker services. I will never recommend this broker to anyone.
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Unresponsive customer service
Unresponsive customer service. If I call them, I get no answer but they are not responding to messages, too.
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Rude customer service
Extremely rude customer service, very bad.
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Slow withdrawals
Very slow withdrawal process. I’ve got no reason to keep the services.
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Manipulate trades
Manipulates trades. I have lost so much money on this.
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Poor broker services
I had moved away from this broker after a month-long of trading with them. Signals are not reliable and services are poor.
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Not a good broker
Tired of the runarounds on my missing withdrawals. Not a good broker.
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Stay away from them
Stay away from these people. They are bad people and will only take your money away.
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Worst
Worst. Not an ideal forex broker.
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Delayed withdrawals
Delayed withdrawals. I notice that it happens to me on my first withdrawal and continues to happen til on my second month. I will switch to different broker.
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Worst experience
Worst experience of my life. I’ve lost a fortune on this.
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Poor broker company
I have some bad experiences with this company. I was enticed by them to add and add more money. And when they had enough, I lost all suddenly. I have regrets about joining this company.
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It needs a long time to get WDs
I do not recommend this broker service. It needs a long time to get WDs
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So many charges
I am surprised with so many trading fees and charges. I paid more than the profit I get. Just a waste of time.
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Worst broker
The worst withdrawal process I have ever seen. I have traded with several brokers before but this one is the worst.
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Poor broker service
They were not able to meet their projected profit and most of the time unable to deliver good customer service.
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Poor services
I have opened an account with this broker sometime in the past and close it right away. The account did not last long not even a month due to 2 observations: slow withdrawals and poor trading signals.
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Missing withdrawal
I am in trouble with my missing withdrawals. I am calling almost daily to follow up but up until now I still don’t have my money.
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Absolutely worst
Absolutely the worst broker for forex trading. They are unable to provide good market analysis.
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Poor broker service
Services are consistently poor. I am unhappy with their services most especially with their withdrawal process which is very difficult and slow.
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Do not deal
Do not deal with them. They have stolen my money, save your money before it’s too late.
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Poor broker signals
Not an ideal broker for forex trading. Signals aren’t good enough.
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Not recommended
They process withdrawal really slow. Not recommended.
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Cheaters
Stay away from this brokers. They are cheaters.
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Unhappy with withdrawals
Unhappy with the withdrawal process. But satisfied with customer service.
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Do not approve withdrawals
The trading bonuses are just a trap for them to disapprove of withdrawals. They are just after deposits and won’t let you withdraw money. I should know, I have traded with them and become a victim of their schemes.
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Slow withdrawals
Slow withdrawal process. There are a very long wait and annoying tons of required documents.
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Worst signals
Worst trading signals. I lost more money here.
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Not good deals
Stay away from their offers. Deals are not good at all.
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Rude customer service
Poor customer service. I always get a rude representative over the phone.
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Bad customer service
Bad customer service. They are always disrespectful and sounded so unapproachable.
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Slow withdrawals
Very slow withdrawal process. I’ve got no reason to keep the services.
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Bad services
Worst trading experience, overall. I get really bad signals and services.
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Poor signals
Poor trading signals. I have lost so much money on this.
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Not recommended
Bad company to trade with. Not recommended.
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Disapprove withdrawals
I am so much upset with my withdrawal request that is never approved. I was asked to place more trades to qualify.
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Poor services
Poor broker services. I will never use this broker service again.
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Unresponsive customer service
Unresponsive customer service. If I call them, I get no answer but they are not responding to messages, too.
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Bad experience
Bad trading experience. I have lost huge money on this.
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Do not deal
Slow withdrawals. Do not deal with this trading company.
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Inaccurate signals
Unsatisfied with the services. Signals are even inaccurate.
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Poor trading company
Poor trading company. Signals are not worth it.
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Slow withdrawals
Very difficult and slow withdrawals. I am not using this broker service again.
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Unreliable signals
I stopped trading with this broker. Signals are unreliable.
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Bad trading offers
The trading options aren’t good enough. Do not deal with them.
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Poor customer service
They do not attend to trading needs promptly. Poor customer service.
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Worst broker company
The worst broker company I have ever dealt with. I had consecutive losses.
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Lose money
I thought they are a good broker company because it is a big forex company but I was wrong. I have traded with them and much to mu regret I have lost huge money.
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Worst signals
Unreliable trading company. Signals are really worst.
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Not recommended
Slow services including withdrawals. Not recommended.
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Bad customer service
Bad customer service. They sounded very arrogant and rude all of them all the time.
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Poor customer service
Their customer service always misinforms me. It seems like they are not knowledgeable enough to assist.
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Expensive pricing
Very expensive and drastic price increase. I won’t recommend trading with them.
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Funny $10 deposit
They’ve fooled me by saying I am allowed to join with just $10. After depositing, they ask for more money and when I declined to add more they’ve kept my $10.lol.
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Poor trading services
Poor trading services. I am not happy with how they treat me and I am not getting good results.
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Slow withdrawals
Withdrawal is slow. As slow as a snail and so many impossible documents to provide.
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Troubled withdrawal process
I had so much trouble requesting to withdraw my money. They keep on blocking my request and accused me of policy violations I am not aware of.
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Slow responses
Very slow responses from customer service. I even had a hard time calling them.
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Poor trading instruction
They only give out half bake trading instructions. Most of the time I lose money.
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Constant price increase
Constant price increase. I notice it for the past few months of trading with them.
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Lost huge money
I have lost huge money here and is now facing so many problems.
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Always unavailable
Always unavailable when I need them to help me. I can not depend on their services.
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Fake broker
I began to become skeptical when I had 5 consecutive losses. Fake broker.
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Fraud company
This is a fraud broker company. I know because I have been a victim of their schemes.
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Delayed withdrawals
Withdrawals here take unnecessary long days. I wonder why it took them a longer time than usual.
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Lose more money here
They have the most advanced trading platform and tools. However, I am not happy with the trading result. I am losing more money than gaining.
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Annoying customer service
Annoying customer service. They know nothing but to transfer phone calls. Can this company hire better customer service?
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Poor trading results
In every investment, I understand there is a risk however I never imagine it’s gonna be this risky. I get losses after losses. I wonder if it is really like this at times or something is really wrong with my broker.
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Rude broker
Rude and controlling brokers. They often call asking for more money but are very unresponsive on trading concerns.
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No withdrawals
No withdrawal process here, they will give you a hard time. It is almost impossible to withdraw. I will never trade with them again.
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Block withdrawals
They hold profit and block all withdrawal requests. They are good at first but the moment you started requesting for withdrawals, they will come up with so many policies and violations you would never imagine existed.
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Low profit
Not enough profit. I wasted so much time to earn only a few dollars. Services are okay but profit ain’t worth my time.
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Do not pay profit
Do not pay for profit. They always come up with so many excuses every time I try to file a request for withdrawal.
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Poor services
Poor services, withdrawal is very slow and customer service is very unresponsive. Could have been a good broker because signals are quite okay but the rest of the services really sucks.
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Slow withdrawals
Slow withdrawal requests and poor broker services. I will never recommend this broker to anyone.
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Harassing phone calls
They keep on calling. I find it very annoying, these are unscheduled calls asking for more money. I regret activating an account with this broker.
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Worst trading signals
They’ve got the worst trading signals all across the industry. I have dealt with so many brokers in the past, this one has the worst trading signals. It brings more losses. People are nice and services are fine except for signals.
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Cheaters
They practice cheats on their trading. There are so many suspicious things and huge price differences compare to other brokers.
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Slow withdrawals
Lengthy and slow withdrawal process. I hate them asking for more documents from me.
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Poor services
Manipulates trades obviously. Signals are unreliable and services are very poor.
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Poor trading brokers
Poor trading brokers. The basis I looked at is my trading profit. Not so profitable trading with.
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Not good
This broker service doesn’t work for me. Not a good trading partner.
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Poor trading brokers
Poor trading brokers. They are not that skilled in providing effective signals. I always noticed signals are against the market movements.
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Difficult withdrawal
The longest and most difficult withdrawal process. They keep on asking for so many documents and there are so many terms to fulfill.
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Worst
One of the worst trading brokers. Among the brokers I have traded with, they are the worst,really.
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Stay away from this
Stay away from this broker. What they have is total junk. No chances of winning.
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Bad customer service
Bad customer service. I always had issues calling them, whether they will not pick up the phone or will pick it but will not help me. Bad support either way.
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Not recommended
I do not recommend this broker service. I have observed while trading with them that there is a constant price increase and that withdrawal is very slow.
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Rude customer service
Customer service is really very rude and unhelpful. I always encounter a problem with customer service.
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Poor broker service
Services are consistently poor. I am unhappy with their services most especially with their withdrawal process which is very difficult and slow.
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Good profit
A bit expensive to trade with but all worth it. I am continuously gaining a good profit.
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Decent forex broker
Good trading signals and fair pricing. Even the platform has good features. A decent broker for forex trading.
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Commendable customer service
Commendable customer service. They are prompt and helpful. Always available and ready to help in times I needed assistance.
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Efficient broker services
I am happy with the overall performance of this broker service. Withdrawals and support are both fast and efficient.
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All good
i can’t say if IQ option is a scam personally but i will find out in a few weeks or months as long as you guys choose to be of help being silent online here means you want more people to get swindled, You don’t need to wait till another innocent person becomes a victim, a single word out here, sharing your personal experience and giving details of whatever transpired is important. Pls write dimitru(at) ivtcysec-recovery, tech, doing so could be used to detect further swindlers and also help warn others to stay off. Save a soul today. IVT security needs your stories, it is helpful.
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Reliable
Excellent forex broker. Signals are always profitable, I can really rely on their trading services.
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Good broker
A great broker to deal with. They are highly-skilled and are very reliable.
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Good trading mentors
If you want to be better in trading and gain a greater understanding of the strategies, try these broker services. They are patient in teaching me as I earn profits.
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Great brokers
Great broker for forex trading. Withdrawal is always fast and easy. Signals are also always very productive.
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Expensive
This seems to be a good broker, signals are okay however I notice that heir pricing is a bit expensive than others. I have just started trading with them, I will try to observe if it is worth the price. I hope it is.
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Good services
Good services overall, withdrawals are always smooth and fast. Customer service are friendly and helpful.
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Good profit
I had a great experience trading with this broker. Services are all great and best of all I am gaining a good profit.
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Affordable and profitable broker
Very affordable initial deposit as it seems however on the actual trading I was asked to add more money in order to start trading. Services are good though.
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Withdrawal problems
Good broker, Except for slow withdrawals, the rest of the services work fine.
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Good brokers
They are good forex brokers. Signals are accurate and good. The only thing I do not like is their slow withdrawals.
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Excellent execution
Excellent execution, very fast. Productive signals also, very accurate and timely.
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Poor trading signals
Do not deal with this broker service. Completely a waste of money and time. Poor trading signals.
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Slow withdrawals
Slow withdrawals and there are so many terms to meet. I do not recommend this broker.
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Slow customer service
Slow response from customer service. every time I needed help and call their hotline, it takes so long for someone to pick up the phone. Email at chat response comes with great delays as well.
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They don't allow withdrawals
My life becomes miserable after trading with this broker, they have asked me to invest my money but won’t allow me to withdraw. I almost don’t have anything left to spend.
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Difficult withdrawal process
Very shady processes. I am a bit in doubt about this broker service because of their withdrawal policies. I always have a hard time requesting for withdrawal
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Poor trading result
The poor trading result, faulty platform, and rude customer service. Do not use this broker service.
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Slow responses
Slow customer service response. They don’t even reply to messages.
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Disappointing broker services
They are very convincing at what they say but they are very disappointed in the actual trading. As if they are not well-verse about the forex market.
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Worst broker
Worst broker I ever encounter. Do not deal with them.
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Bad broker service
I am full of regrets. I shouldn’t have used these services. They gain my trust because the first transaction is a success. I gain little profit but eventually lost a huge amount.
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Poor signals
For me, they deserve zero ratings. not good at all. Signals are very poor, I end up losing all my money in my trading account.
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Difficult payout
Limited options on payment channels. Profit payout is also very difficult.
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Irresponsible brokers
Very irresponsible brokers. They do not meet deadlines and scheduled callbacks. I won’t be dealing with them again.
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Do not deal
They always push you for more deposits but they don’t pay out or let you withdraw your money. Do not deal with them.
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Unethical brokers
Unethical broker service. They are rude and places trades without notice.
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Terrible services
Do not deal with this broker. The most terrible services I have ever used.
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Do not trust
A lot of people lost money, they are investing in the false forex trading. Do not trust this broker service.
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Unreasonable trading price
Unreasonable trading price. They will tell you a low initial deposit but will end up paying soaring high fees.
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Worst broker
Worst broker I have ever experience. Slow withdrawals and poor trading signals.
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Slow withdrawal process
Signals, customer service, trading terms, and platforms are all okay. The only problem is their slow withdrawal process.
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Slow withdrawals
Slow withdrawals, will never trade with them again.
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Unresponsive
Unsupportive and unresponsive forex broker. I am not happy with their customer service.
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Unregulated
Overall good broker but they are not regulated, brokers.
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Not worth it
Not worth it. Trashy signals, do not deal with this broker.
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Slow withdrawal
Very slow withdrawal process. Customer service is very helpful but can’t do anything about their withdrawal issues.
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Poor broker performance
I got more losing than winning trades. Not so accurate signals and poor broker performance.
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Not recommended broker
There so much slippage and also poor broker signals. I am not recommending this broker.
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Very frustrating
They don’t refund my money instead they will bombard you with phone calls asking for more. Very frustrating.
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Poor broker signals
Good customer service but poor broker signals.
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Too many issues
Too many issues. The trading platform has so many technical problems and withdrawal is a very difficult and lengthy process.
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Not capable of providing good signals
They are not capable of providing good signals. Withdrawal is very slow and customer service is very rude.
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Poor trading signals
Poor trading signals. For a month of trading with them, I was following their signals but I am not getting a good results.
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Fake forex trading
Be careful, do not invest here. Their goal is just to collect more money as if forex trading with them is fake.
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Delayed withdrawals
I enjoyed trading with this broker, customer service and brokers are enthusiastic and skilled. I only had delays in withdrawals.
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Almost impossible to withdraw
I have traded with this broker and initially, I made a profit, I was really happy so I invested more money for a bigger profit. All of a sudden, withdrawal became difficult and almost impossible.
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