The intermediary IQ Broker was created in 2013 and has become one of the most famous intermediaries in Europe. It is aimed at beginners and looks like a game. That is the main reason for the growing popularity of IQ Option. Let's try to find out what this intermediary really is.
IQ Broker Offer Terms
A demo account is opened in a few clicks, it is absolutely free and has no hidden fees. However, the user will be encouraged to switch to an active account. But! Offer conditions in test and real modes can vary significantly. If the user's bidding strategy results in profit from play money, it will not always work well in a live account.
Judging by the views in the forums, the intermediary can arbitrarily change the percentage of payments in relation to some customers (the very profitable ones).
The cost of actual contracts starts at $ 1. There are two types of employment contracts. The first allows you to change the expiration time in 5-minute increments; the second, in 15-minute increments. Currency pairs and some other assets are available to offer.
The offer for some OTC contracts (from English Over the Counter) is possible even on weekends. The price at the same time moves in a horizontal channel. Note well! On weekends, you trade with an intelligent quote generator, which modifies past data or simply creates new data.
IQ Broker Licenses and Regulations
IQ Broker is a subsidiary of IQ Option Europe Ltd. All rights to the domain and the offering platform belong to Alta Vista Trading Limited.
The company is licensed by CySEC № 247/14 issued by the Cyprus Securities and Exchange Commission. The licensing date is July 30, 2014. CySEC's primary task is to protect users from the dishonest work of some brokers.
The offer platform is represented by customers on PC, Mac, Android, iOS, as well as online customers in an Internet browser. All customers have a unified and synchronized interface at their disposal. When making offers on your home computer or through a browser window, you can continue making offers from any other compatible device without any problems.
- Manageable and easy offer platform;
- Unified interface;
- Fast registration;
- Free demo mode.
- Very limited choice of expiration dates (long-term traders avoid it);
- The inability to trade 24 hours a day for some instruments;
- There is no fixed interest on payments (the algorithm to change this is not transparent);
- Limited selection of contract types.
Despite the weaknesses, at the moment, IQ Option is one of the most efficient intermediaries for offers. Its success is due to the offer platform created considering the wishes of existing traders. IQ Option is ideal for those who have no experience in offers in the financial markets and would like to act as traders.