Have new binary options trading platforms appeared at 2020

Binary Options Trading in the USA

The hysteria as to trading with binaries on the USA financial market keeps increasing, because more and more people based in the States are showing an interest in this field. With such growth in popularity, many new binary options trading platform have appeared on the market, but, still, people tend to have doubts about them. The fact that there are so many doubts as to binary options USA brokers so, we have decided to make this subject clearer and to provide some helpful information. By reading it, you can finally decide for yourself whether to trade with binary options brokers based in USA, or not. And to make this reading more interesting for you, we will tell you now – you can trust these trading websites and you should not have any concerns about them.

The History Behind Binary Options Brokers USA

The very first thing we need to tell you that in the beginning, trading with binary options, while being based in USA, was indeed illegal. USA financial authorities used to ban this field of having fun and earning extra cash. The reason was that the old American laws pointed trading with binaries as a form of gambling and you must be already aware that games of chance was strictly forbidden and even punished. However, over the last few years, the American laws have passed through several changes and currently, it is not illegal to trade in binaries with USA brokers. What you have to look for, though, is a good and reliable website that has an official license for operating on the market and that has found an agency to cover its security. Thankfully, after the changes we have mentioned, there are now official controlling bodies in USA, which are in charge of the binary options USA brokers.

Who Is In Charge of Binary Options USA Trading Websites?

The following two agencies are currently responsible for the safety regulation in binary options trading brokers. Find out more about these authorities in order to get more confident as to trading with binaries in USA:

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National Futures Association

Known by the abbreviation of NFA across the binary options audience, the National Futures Association was at first the only body that gave official permissions and licenses to the USA trading brokers. Today, it still has such powers, but it also applies the significant and obligatory standards for all the financial brokers in USA – including those with binary options. Safety for clients – connected with the financial transactions and the personal data – is also taken by the NFA, too, and such cases can be opened according to specific procedures, too. Compliances and electronic filings are options, which are available on the official NFA website, as well.

Commodity Futures Trading Commission

The Commodity Futures Trading Commission or the CFTC works to preserve the transparency, loyal competitiveness and financial stability to all the binary options brokers in USA. The procedures and measures this commission takes are all focused on the better trading processing, as well as on minimizing the systemic risk. The CFTC is also in charge to promote market integrity and to stop any act of violation or abuse. However, finding and charging frauds is the main mission that the Commodity Futures Trading Commission follows in its general work. Last, but not least, the CFTC is obliged to publically inform people about its actions – including about beginning an investigation for a suspicious binary brokers USA. By the way, keep in mind that the Commodity Futures Trading Commission is more active in binary sphere, because it covers commodities, as well. Those of you, who have already some kind of experience in this field, are aware that trading with binaries is highly connected with commodities and even when they make their predictions, they do follow the movement of the commodity market to buy the most suitable binary. So, when you need any kind of information as to a certain binary option broker in USA and mostly as to its reliability and license, the CFTC is the one that you are supposed to turn to.
Binary options USA brokers are now considered to be the newest, but one of the best trading platforms these days.

Best Binary Options Trading Brokers for 2020

Below you will find a list of Binary Options Brokers that offer various binary contracts for trading. Although the term may appear to be very confusing, it’s not that complicated. A binary option is a sort of a contract with a value, expiration date and determined conditions of winning. By purchasing it, you technically make a bet. Most common wager is to predict whether the asset’s price will go up or down from a certain level and stay there until the option expires. Most tradable assets are currencies, indices and some commodities. There used to be much more brokers offering binary options, but many regulatory authorities placed restrictions and prohibited that kind of trading.

Binary options for the retail market were instituted in 2008 when the first description of this product was approved by the US Securities and Exchange Commission. The initial description of what is now known as US-style binary options was based on assets that were listed on exchanges, with traders pitting their bets against each other.

A short while later, a different model of binary options was developed and introduced to the world by brokers based in Europe and Israel. This model (European-style binary options) was essentially based on off-exchange trading of CFDs. However, what followed was years of unwholesome practices and remarkable scandals, which led to the shutdown of the industry in Israel by regulators there, and in the UK and EU region by the European Securities and Markets Authority (ESMA).

The industry is presently undergoing a self-cleansing, and we now have offshore brokers who are showing better commitment at playing by the rules and ensuring their clients get a good deal for their money.

What led to the near collapse of the binary options market?

The answer lies in only one direction: shady brokers and their agents all over the globe. But perhaps some portion of the blame can go to regulators, who were generally very slow in rising up to the occasion to protect the clients, whose money constituted the entire financial backbone of the market.

Brokers are meant to create markets for their clients to trade and are supposed to ensure transparency and safety of trading venues, while maintaining some level of neutrality. However, what occurred between 2020 and 2020 was a situation where a lacuna in regulation led to the emergence of fraudulent entities. These fly-by-night operators set up “brokerages” that were essentially criminal enterprises, specifically designed to rob traders of their hard earned cash. These scam brokers devised several means of ripping off their unsuspecting customers.

A) A common method was the use of call center agents, who unscrupulously obtained contacts of prospective traders and literally harassed them into making ever-increasing deposits, with promises of helping them reap bountiful returns on their investments.

B) There was also the use of volume requirements for incentive bonuses, which were tied to the ability to make withdrawals. Traders soon found out that achieving these volume requirements was practically impossible, thus ending any opportunity at retrieving capital or profits made.

C) In some brazen instances, agents in the brokerage house would access trader accounts from the back end, and execute trades that had been deliberately configured to lose on those accounts. There is at least one case known to the writer where $5,000 was stolen in this manner. Prosecutors and law enforcement agents presently have warrants on the identified personalities behind that brokerage.

Perhaps the case that brought binary options into very negative light, prompting calls for an EU-wide ban, was the unfortunate case of a Canadian investor who lost his life savings after patronizing a shady brokerage entity. The eventual suicide of this investor was the breaking point; EU and UK regulators took action and shut down binary options in Europe and the UK.

Lessons learnt

It is not only traders that suffered from the criminal activities of the scam brokers. Legitimate brokers such as Binary.com paid a very heavy price, as they lost a significant amount of the market share in an industry where they could be said to be the pioneers. Binary.com (which is listed below as one of the best binary options brokers of repute today) and several other legitimate companies around the world were forced to make major changes to their operational models, in an attempt to improve transparency and to bring back badly eroded investor confidence into the market.

Some of the changes which have been introduced include:

A) Restriction on issuance of bonuses, a lot of which is now provided as cashback for volume trading.

B) Robust trader education, in order to ensure that only informed traders use the binary options platforms.

C) Provision of demo accounts, which many of the defunct brokers never provided for their clients. No longer will traders be deprived of the opportunity to test their strategies and learn the process using virtual accounts.

D) Enhancement of the analytical tools on the platforms, to replace the archaic methods of the old order which provided traders with only line charts and zero tools for analysis!

E) Elimination of confusing binary options bet types and sticking to the classical binary options.

F) Getting their entities regulated in the countries of operation, to enhance user protection and boost broker accountability to enforcing regulatory institutions.

G) Incorporating new asset classes (e.g. cryptocurrencies) to the mix.

Criteria used in broker selection

In selecting the binary options brokers displayed in our list below, the following parameters were used in the process of consideration and selection to ensure that only the most genuine brokers are available for you. We have thus made the process simple, knowing that it is quite a challenge for traders to be able to select these brokers on their own.

The issue of regulation cannot be emphasized enough. The only way traders are going to be protected is by regulating the binary options providers they operate with. Anything short of this will be inviting the old demons back. Regulation also provides for greater accountability and ensures that investor confidence is never lacking in the market.

2) Corporate Governance Structure

A look was taken at the structure with which the listed brokerages operate. Many of them have been around for more than 9 years, and have invested in improving their platforms and trade offerings. These brokerages also have properly defined corporate hierarchy and a face to which the company can be tied to. For instance, the CEO of Binary.com is well known. Olymptrade has a very active presence in an online forum in Africa. Brokerages like Go Markets have officials who are also well known. There are no faceless companies in our list.

3) Openness and Reachability

The brokers listed here all have verifiable contact addresses and can be reached by phone, email and social media channels. Compare this with the old order where some brokerage operations were essentially husband/wife run establishments, operating out of a kitchen (yes, a “binary options broker” was found to be just that several years ago).

4) Trade Conditions

The trade conditions for each broker were also reviewed. For instance, we looked at factors such as stability of the platform, uptimes and downtimes, accessibility of customer support, latency of price and data feeds as well as how the brokers handled counterparty risks. Brokers that were found wanting were eliminated from the list.

US Binary Options Brokers 2020

It’s not very easy to find binary options brokers, that are actually ready to allow traders from the USA.

Because of their different regulations and restrictions, most of the binary options brokers out there are unable accept US traders.

Our team has done the research, to bring you an updated list of binary options brokers that still accept Americans. We’ve registered on all binary options brokers that still accept US traders and we’ve tested them all. Below you will find the best us binary options brokers and exchanges.

Best US Binary Options Exchange:

Nadex – CFTC Regulated US Exchange

Nadex is the only binary exchange that has a CFTC license. This site is exclusive to US traders.

• Most Trusted US Binary Platform
• CFTC Regulation
• No Broker Commissions

Nadex is the only regulated binary options exchange in the US. For this reason we think that it’s very safe. If you need more information, you can read our Nadex review.

Alternatives To US Binary Options Brokers

There aren’t many US binary options brokers to choose from. However there are plenty of US brokers that offer other types of trading: CFD, Stocks, Cryptocurrency, Forex etc.

If you are interested in binary options, you will definitely like these other forms of trading.

Here is a list with the best US brokers that offer other types of trading:

Binary Options Brokers That Still Accept US Traders

The brokers in the detailed list below are some of the oldest and best names in the industry. All the brokers listed on this page welcome traders from the USA.

Only the best are viable, and the safety as well as the security of your data on their servers is very high. There are many scams out there, and only a few truly trustworthy brokers.

We have tested all of these brokers. Look at the short reviews below for more information:

1. Nadex

Nadex is the only regulated (CFTC regulated) binary options broker that accepts US traders. The broker offers charting and technical analyisis tools, as well as, advanced order types.

The minimum deposit is only $250.

2. BinaryCent

BinaryCent is currently the best US welcome binary options broker. They offer a fantastic deposit bonus, and the trading platform is top-notch.

Binary Mate has a maximum payout of up to 95%. The minimum deposit is $250 and they offer a 100% deposit bonus to all new traders.

WARNING! WE DO NOT RECOMMEND THIS BROKER ANYMORE VISIT BINARYCENT

3. CentoBot

CentoBot is a binary options robot that accepts US traders. The minimum investment is only $0.10 and the max return is 90%.

This auto trading robot is 100% free if you sign up and deposit on their recommended broker (the minimum deposit there is $250).

WARNING! WE DO NOT RECOMMEND THIS BROKER ANYMORE VISIT CENTOBOT

How To Pick A US Binary Options Broker

Overall, you need to be careful when choosing the right US binary options broker for you. There are a lot of scams out there, so you probably should take the advice in this list seriously if you want your investments to be safe. We will update this list as frequently as possible because more and more brokers are closing their doors to US traders.

Please note that Nadex is not a broker, but an exchange.

What customer like about Nadex is, that it has no broker commissions. The US Government requires Nadex to keep the clients’ funds in segregated accounts.

Never deposit on a binary options broker that we (or any other trader) do not recommend. You can also check our scams page to find out which brokers are scams.

Unfortunately US welcome brokers are not regulated by CYSEC or ASIC. Therefore you have to be extra cautious where you deposit your money.

Non-USA Binary Options Brokers

In order to help our American traders find the best brokers and keep them updated, we’ve decided to also list the brokers that used to accept Americans, but stopped later on.

Take at the list below, with all binary options brokers that accepted US traders in the past:

Brokers That Stopped Accepting USA Traders or Closed

Finrally

FinRally is the newest binary options broker to accept US traders. They have a great payout of up to 95% and the minimum deposit is $250.

Finpari

Update: This broker closed.

Founded in the year 2020, this broker is owned by Norske Inter LP and Lerona Impex SA. It used to welcome traders from the US, but currently they only accept Europe and most parts of Asia. The broker is based on the SpotOption 2.0 platform, one of the most popular with traders everywhere.

It features over 100 assets to trade in and has some of the highest security measures out there. There is secure trading, as well as speedy 1 hour withdrawals possible. With a return of up to 90% for traders, and signals from over 10,000 traders globally using the ZuluTrade feature integrated into the platform, this broker is one of the best out there for people in the USA.

CTOption

Update: This broker closed. There were also some scam reports.

This is one of the older brokers out there, having been around since the year 2020. It is owned by Infinicore, a company that is to be found in St. Vincent (offshore). While they aren’t licensed by CySec, this is so that they can support traders from the USA without any hassle.

This broker is not regulated in the US.

The broker has over 100 assets to trade as well as a demo account possible to sample the features before using it. It is popular among traders all over the world, mainly because of the 90% payout to traders.

There is a free social trading feature on the platform as well as unique OTC trades that allow up to 40% more trading time every day.

Trade Thunder

Update: Tradethunder closed. Opened in 2020, Trade Thunder is still a young company, owned by LGK Industries Ltd., based in the UK.

They offer traders from the US a nice welcome, and have a very unique platform to trade on called the Leverate BX8 platform. It is a platform that is used a lot in Forex trading. The payouts from this broker are up to 90% of the initial deposit, which can be done in many currencies.

With multilingual support and easy trading, this is one of the best US brokers out there.

Porter Finance

Update: This broker closed.

This broker opened up in the year 2020, and was one of the best to accept traders from the US (they stopped accepting USA Traders in 2020). They have a great bonus for the first deposit for customers, with up to 10 risk free trades offered to new traders. It is owned by a company based in the UK called Running Forest Partners Ltd., and have 5 different types of US binary options accounts, each of which has its own set of material for learning as well different deposit requirements. Expiry on options expire in any time from 30 seconds to 6 months, and there are multiple currency options available.

Tropical Trade

Update: This broker closed.

This binary options broker was created in 2020, making it one of the newer options out there. It is owned by FLY Ltd., located in St. Vincent & Grenadines, and has a registered office in the UK as well. It was open to traders from the US without any restrictions but they decided to stop accepting them in 2020.

Returns to traders is about 85%, but some of the trading methods it offers can give bonuses up to 1500% of the deposit. Their platform is browser-based, has a small learning curve, and is very easy. A mobile app is also incoming. The broker offers over 150 assets for trade, with real time updates on the state of the market. It is one of the more feature-filled out there.

Binary Options USA: What To Consider

Please note that most US brokers are unregulated. Therefore please do your own research before signing up and before becoming a binary options customer there. All unregulated brokers are “ok” at best. There is a higher risk of getting scammed by an unregulated broker. Also read their terms and conditions before depositing (check their withdrawal conditions). It is the best to stay away from unregulated brokers.

Binary Options Trading in Singapore

Searching for ​a binary options broker in Singapore can be as complex as trading binary options in the first place. You have to consider their setup, options, educational materials, and perks. But you also need to know if the broker accepts traders from your country.

Binary options trading is relatively new to Singapore. Since its appearance in 2008, more people have taken an interest in the market. After all, binary ​trading is convenient and doesn’t require a significant investment.

However, binary options trading has a conflicting reputation. Many people question whether it’s a scam or if it’s even legal in Singapore. Fortunately, plenty of reliable and trustworthy binary options brokers exist worldwide, and some of the most popular ones do accept traders from Singapore.

We’ve put together the three best binary options brokers for Singapore traders to help you decide which one is right for you.

Table of Contents

The Best Binary Options Brokers for Singapore

1) IQ Option

IQ Option got its start in 2020, and as a CySEC regulated broker, they have an excellent reputation. They offer an impressive ​250+ assets to trade in, including:

You can trade using two types of accounts: Real and VIP. While they don’t have the same five-tier system of some binary options brokers, IQ Option VIP traders do get access to some extra features.

Opening a Real account is simple. All you need is a $10 ​investment, and you can trade in IQ Option’s ​250 assets. The VIP account takes things up a notch, so you get perks like a personal account manager, financial market ​analysis, and unlimited trading opportunities. However, this account also requires a $3,000 min​. deposit.

Binary options trading with IQ Option can get you a ​payout of up to 95% on their intuitive platform—both the web-based and mobile versions. IQ Option’s website, platform, and 24/7 customer service are available in 12 languages, and they service traders from all over the world, including Singapore.

Many traders ask this question: Is IQ Option ​Safe? While binary options might have a questionable reputation, IQ Option is one of the most reputable – and popular – brokers. They’re perfect for beginning traders while also catering to more experienced investors.

2) RaceOption

RaceOption, as a broker and trading platform, works differently from IQ Option, most notably in how it’s regulated. Finance Group Corp (FGC) in Vanuata owns RaceOption, but a third-party entity does not regulate the platform. Nonetheless, RaceOption seems to have a positive reputation in the binary option​ market, and it’s been around since 2020.

You have three account options with RaceOption:

Bronze: The Bronze account offers you the basics of the platform with a $250 minimum deposit. You can try RaceOption with their demo account, and once you make your initial ​investment, you get a 20% bonus. You also have 24/7 live video chat resources, a copy trading tool to help you improve your technique, and withdrawal processing in one hour.

Silver: The Silver account gives you everything you’ll find with the Bronze account, plus more with a $1,000 minimum deposit. You also get a master class web session, personal account manager, a 50% initial bonus, and your first three trades are risk-free.

Gold: The Gold account is the highest tier with a min​. deposit of $3,000. You get all the same features as the Silver account, along with integrated technical analysis, and a 100% initial deposit bonus.

RaceOption is available to Singaporean traders​ and all other countries across the globe. They don’t give you as many asset options as you’ll find with other binary options brokers, but at 100+, you’ve still got plenty, with stocks, commodities, indices, and cryptocurrencies. ​Read our full in-depth ​RaceOption review.

BinaryCent

BinaryCent is a binary broker that works remarkably similarly to RaceOption. They’re newer, having come onto the binary options scene in 2020. They’re also regulated, but the VSFC, which, while it’s not CySEC, is still a known regulatory body.

If you’re considering BinaryCent, know that their platform isn’t for beginners. It doesn’t have trading signals, which helps those learning binary options trading to make better predictions and improve their payouts.

According to BinaryCent reviews, they doesn’t offer much in the way of educational resources. If you choose to use this broker, you’ll either have to search elsewhere for additional trading information or go in knowing your stuff.

You’ll find the same account types—Bronze, Silver, and Gold—and features as with RaceOption, with some minor differences. Whether you choose BinaryCent’s turbo, intraday, or long-term trade options, you can invest as little as 10 cents per trade. BinaryCent also accepts several payment forms, including credit card, bank wire transfer, cryptocurrency, and e-wallet.

BinaryCent’s challenging platform offers something different for Singapore traders who are looking to test their skills or move to the next level. Their website and customer support services are available in eight languages.

Are Binary Options Legal in Singapore?

While not all brokers are available to traders in Singapore, binary options trading itself is legal in Singapore, as no regulations prevent it.

However, since no laws regulate whether trade can happen at all, it comes as no surprise that there are no binary options regulatory bodies in Singapore. Still, many brokers extend their services to traders in that country. Those that do are required to have a license issued by the Monetary Authority of Singapore.

If you’re from Singapore and want to ​start trading in the financial markets, there are a couple of other things you should know. Since there are no binary options brokers based in Singapore, you must decide how you want to sign up with a broker elsewhere.

You can use a local operator, but just as common is the option of choosing an offshore broker. Both options reach the same end—you can trade binary options assets with approved brokers based on the few Singaporean regulations for binary options. Before you choose a broker, make sure they are approved for Singapore to save yourself some hassle.

Singaporean​ traders also have plenty of payment methods, from e-wallets to bank wire transfers. That means there are few restrictions when it comes to depositing and withdrawing funds, which makes for convenient trading and secure transfer of funds.

Does IQ Option Accept Traders from Singapore?

Yes. IQ Option does not only accept traders from Singapore—it’s the most popular binary options trading platform in the country. When you open an account with IQ Option, keep in mind that they are based in Europe, so you’ll need to sign up with the offshore broker option.

When it comes to binary options ​in Singapore, IQ Option is probably the best one you can get. They have a positive reputation in the binary options market, and they offer all the same services in Singapore as they do for other traders across the world.

Conclusion

If you’re looking for a reputable binary options broker in Singapore, try one of the three on this list. Each one has a reputation for being reliable and honest, so the best one for you depends not on whether you can trust it (or even access it), but what you’re looking for in terms of features.

Before you choose a broker, always make sure they allow trading in your country. Know whether they’re regulated and what they offer for services, so you know in advance what you’re signing up for and what you’ll get.

Robert Wolfe is the founder and chief editor of Impact Investing Collaborative. Robert is an expert trader with over 10 years of experience trading binary options, Forex, and CFDs. He prides himself in providing accurate and in-depth reviews in order to help others find a trading platform that fits their needs. When Robert isn’t actively trading or managing Impact Investing Collaborative, he enjoys spending time with his 3 kids, playing golf, and spending time outdoors.

Welcome To Our Site!

My name is Robert Wolfe and I’m an online trader with over 7 years of experience trading financial instruments such as binary options, CFDs, forex, and stocks. I created this website to share my knowledge of the industry so you can avoid the same mistakes I’ve made.

IQ Option Review

IQ Option entered the binary options market in 2020 and immediately became a hit among traders. Their appearance enabled the whole industry to gain a lot of popularity, primarily because this broker offered access to binary options trading for next to nothing. This allowed many people to see what this type of trading is all about without ever having to invest any big amounts. Of course, had this been the only good feature about this broker, the company would never reach the status it enjoys today, and we are here to show you why IQ Option is one of the best choices you can make when selecting a broker.

Today, their offer far exceeds that. After examining the company thoroughly, our experts will share their impressions with you in this IQ Option Review, so sit back, relax and let us introduce you to this great broker.

Trading platform

We begin this IQ Option Review with something new and very exciting because if there’s one thing that is certain to attract a lot of attention, it’s this broker’s new platform. IQ Option 4.0 brings a truckload of innovations to the table, while retaining all the best and most important features.

This is the very first trading platform in the world based on WebGL technology, so you will be able to keep track of up to nine charts at the same time without having any troubles managing them.

Everything is perfectly designed and the platform’s functionality is absolutely superb. Loads of most popular tools and indicators are also available, with their selection being updated regularly, so you will have no trouble tracking an asset’s movements. Speaking of assets, there are more than 500 of them, and they are divided into stocks, commodities, currencies and indices.

As of February 2020, the platform has two very interesting and helpful features that will help traders react even quicker than usual. From this point on, every asset has its Asset profile. Just click the info button below the asset’s name when you’re on the platform and its profile will pop up to give you a short overview and inform you about the trading conditions in real time. The other feature is a detailed Market analysis which collects all the news from the financial market and sorts them in four categories. Therefore, you never have to leave IQ Option platform to browse the internet for the latest data. Everything will be just a click away.

To top everything off, the returns you can get here sometimes get as high as 100%. These are the highest returns in the industry! In addition to all that, the best financial agencies remain IQ Option’s data providers, so you can rest assured you’ll have the latest quotes at your disposal. Keep reading, this IQ Option Review still has a lot to cover.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Download options

As is the case with all serious companies in this industry, IQ Option also has a way to provide you with a way to trade on the go. However, the thing that sets this app apart from most other similar products is the fact that it can be downloaded to pretty much any platform and operating system you can imagine.

We’ll start with what more experienced among you will already expect – IQ Option iOS and Android versions are readily available, meaning that you can head on over to Google Play or the App Store and download your app completely free of any charge. Your mobile device will therefore allow you to access all of the most important features of the company’s offer (low financial requirements, free demo, non-stop support etc), plus you will even have access to trading cryptocurrencies through CFDs.

IQ Option Trading Platform 4.0

But that’s not all. There are other versions of the app you can download, but these are primarily designed to be used on your desktop and laptop computers. Naturally, IQ Option Windows version is there fore you to enjoy, as is IQ Option Mac version, but Ubuntu users weren’t forgotten either. You can get these apps from the download page of the broker’s website and there you will also find the system requirements for each version of the app. Of course, all of this is free.

So, no matter what kind of device you have on you, you will be able to trade with this broker. IQ Option Mac, IQ Option iOS, IQ Option Windows and other great choices will help you stay in touch with the market. And there really is a lot to stay in touch with – the amount of assets is extremely impressive here. Read on and choose your target.

IQ Option Cryptocurrenies

In the last year or so, cryptocurrencies have become immensely popular with online traders. There are hundreds of coins you can invest in, and the market is extremely vibrant and exciting. IQ option cryptocurrencies are an excellent example of how in tune with the market this company is because they have gone all out on this right from day one. 17 different coins are available for trading, and all of them are the industry’s most popular assets. Each can be analysed quickly and thoroughly and bought with a single click.

But IQ Option cryptocurrency trading stands out from the crowd thanks to an important feature – multipliers. You see, with this kind of trading you can get x5 multiplier, which will effectively mean that all your profits (and losses) will be calculated as if you had invested five times more. In other words, even if you’re not investing a lot, with this multiplier your crypto investment can become absolutely huge. At the same time, you can also benefit from even the smallest market movements because they can be magnified significantly if you’re using a multiplier. But on top of all that, IQ option cryptocurrency section has another surprise for those of you who are interested in this type of investments. A really big surprise. So big, in fact, that it deserves a paragraph of its own in our IQ Option Review.

IQ Option Available Cryptocurrencies

IQ Option Hodly

IQ Option Hodly is the broker’s crypto wallet which allows you to store, but also buy and sell various cryptocurrencies. A product like this is not found very often when you’re examining what other brokers have to offer, so we can certainly give these guys points for originality in this case. Yes, you can buy and sell cryptos directly from your Hodly wallet, which is a huge advantage. This is done through an exchange which comes with the app, so you don’t have to worry about a thing. On top of that, all transfers between Hodly users are completely free.
Apart from this, we have to say that this wallet is very easy to use thanks to its excellent design. More importantly, though, it is also extremely safe to use because most of the funds are kept offline. In addition, your data will be protected by an encryption and a two-factor authentication system. Since IQ option is behind it, you can be sure Hodly adheres to all the standards a wallet of this kind should have implemented. Other interesting and helpful features are also present, but we will let you find some things out for yourself. You’ll be delighted when you do. But the bottom line is that crypto wallet is an excellent choice for both pros and beginners because o its usefulness and simplicity. Now that we’re done with the crypto part of this IQ Option Review, we can take a look at another very important type of trading that is offered to you here.

IQ Option CFDs

As time passed and the company kept developing, it soon became apparent that IQ Option CFDs have to be introduced. Today, this is one of the most popular modes of trading on the broker’s website. Everything you need is here: loads of assets you can use this type of trading on, stop and loss orders you can set in order to manage your trades more efficiently when you’re not in front of your computer and plenty of tools to help you predict market movements accurately.

Since we’re on the subject of stop and loss orders, we would like to draw your attention to a very useful tool, which helps a lot with IQ Option CFDs, but potentially with other forms of trading too. The platform on this website comes with the autoclose feature which allow you to automatically exit a trade once a certain amount is reached. The feature works on the basis of percentages, so you will need to determine how big of a percentage loss you can stomach or how big a profit you want to take. Of course, you can potentially miss out on some great profits this way because the price may continue going your way even after the autoclose feature does its job, but on the other hand it’s great for preventing significant losses.

But back to IQ Option CFDs. The main financial requirements remain the same, only you never have to worry about expiration times here. As long as the market is heading your way, you will profit with IQ Option CFDs. Stocks, forex and crypto are the main types of assets you can use CFDs on, but there were some innovations in that regard on this website, and we will talk about them in just a minute. What we have to say first is that you can expect leverage here in full accordance with the rules of the European Union, which is another excellent example of how careful this broker is that everything is done by the book. In addition, it is also very easy to acquire information about the asset you want to invest on while on this website, which is another big plus here. But if you want to trade on this website, you will need to open an account. Here’s what you need to know about that.

Accounts

The next part of our IQ Option Review will deal with the broker’s account types. Apart from a completely free IQ Option Demo Account which doesn’t even require a deposit from you, there are two more possibilities for you to choose from – Real and VIP account types. Both of them are extremely well equipped and they offer some very interesting features, too.

IQ Option Demo Account

The VIP account offers some additional useful features such as monthly analysis or a personal manager. You will notice we haven’t yet mentioned the minimum amounts needed to start trading with this broker in this IQ Option Review and that’s because we have a separate paragraph for it. Read on, it’s just below.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Financial requirements

Financial requirements are what propelled this broker to the top this industry and our IQ Option Review would be seriously lacking if we didn’t mention them. In fact, our regular readers will know that we declared this company to be the Best Binary Broker in 2020 in this particular category.

So what’s so special about IQ Option? Well, your minimum deposit requirement is only $10, for starters, and you won’t find better deals anywhere else on the market. With these ten dollars, you can open a Real account and enjoy all the benefits it has to offer. Furthermore, the minimum trade is set at only $1 (for binary and digital options), $20 for forex and CFD positions and $30 for fx options, but you can invest up to $5000, which provides you with complete control of your account funds. Again, you won’t find a better deal anywhere else. Want to make a withdrawal? You only need two dollars in your account for that!

Finally, we should mention that the the total amount of deposits should exceed $3000 if you want a VIP account, which is, once again, way below anything other brokers have to offer when it comes to their top-tier account. But it’s not just the low requirements that make this broker so attractive – high payouts are pretty important, too. As a matter of fact, payouts of up to 91% in case of correct prediction are among the highest in the industry, so you really can’t go wrong with this broker. ( November 2020 update: – There are some assets at the moment where IQ Option is offering 100% return on investment). With this topic out of the way, we still have some things left to discuss in this IQ Option Review, so stick with us just a bit more.

IQ Option Deposit

IQ Option deposit methods and safety

If we want this to be a good IQ Option Review, we have to analyze how safe transferring money to and from your account actually is. First of all, we have to say that this is a CySEC regulated broker, meaning the company fulfills all the necessary requirements of the EU. Numerous prizes also prove that IQ Option takes their clients’ safety very seriously.

When it comes IQ Option Deposit Methods, you get to choose between bank wire transfers, Visa, Maestro and MasterCard credit cards and several online transfer methods such as Webmoney, Skrill, Neteller and much more. Everything this broker has to offer is designed to make this type of trading as accessible as possible, so all you have to do is find the winning IQ Option Pattern.

Recently, however, more good new appeared concerning IQ Option payment methods. You now have more options than ever before because the broker has added AdvCash to the list, which is a method pretty much all countries can use, even Brasil and China. Furthermore, TrustPay is now available for traders from the Czech Republic and Slovakia, Przelewy24 for Poland, MyBank for Italy, Trustly for Germany, Entercash for Austria and Germany, and Giropay also for Germany. Therefore, you really can complain anymore about IQ Option payment methods one bit.

But probably the biggest win in this respect the company has achieved is introducing IQ Option PayPal deposit. It took them a while, but even PayPal could not resist partnering up with an illustrious broker like this. When it comes to online transactions, you can’t do any better, so think of this partnership as the ultimate proof of IQ Option’s quality and reliability.

IQ Option Bitcoin deposits are an also an option, which has to be mentioned in this IQ Option Review, too! However, the process is a bit more elaborate here because you will have to have a Cubits account to make this work. From your Cubits account, you will be able to easily transfer your funds to your trading account. The great thing about IQ option Bitcoin deposits is the fact that through Cubits you can actually pay in fiat currencies and then exchange that for BTC. Your funds should be visible in your account balance as soon as Cubits verifies the transaction. But this is just the beginning of new features that have been added here recently. IQ Option Review has more!

IQ Option Deposit

New and unique features

Don’t think that new IQ Option features boil down to adding a new indicator every now and again (they actually do that very often and quite regularly, so you will always be on top of things). Oh no, things are much more serious than that.

Traders will love the fact that a whole bunch of currency pairs were added to the offer recently, so now you can invest in about 40 new pairs which contain some pretty exotic things like MXN or TRY, for example. On top of that, some new CFDs have also become available, but these focus on commodities. That boosts the number of IQ Option CFD options by quite a bit. Finally, cryptocurrency traders have something to look forward too, since Bitcoin x100 has been made available, as well. More casual crypto traders will be able to mage larger moves this way.

Apart from new trading assets, new IQ Option features that can help you get the right piece of information at the right time have also been added. Not too long ago, new IQ Option indicators were added to the list. KDJ, Ichimoku Cloud, Belkhayate Timing and DPO are now there to help you. They are excellent to have around when you’re looking for trends, but Belkhayate Timing is actually an oscillator, so you can get an idea when you should enter or exit a trade. Definitely, these new IQ Option indicators prove that the company is very careful when if comes to providing the latest features to its clients.

But that’s just the beginning. The broker’s Smart Newsfeed can also help out a lot. Now you don’t have to waste valuable time checking various sources for the latest market news. With Smart Newsfeed, everything you need to know will pop up if you click the market Analysis button when logged in. After that, you will see the condensed version of the most important news , and then you can take it from there. The thing is, depending on what your interests are, you will get the relevant news from that field. Ingenious, right?

A new IQ option feature has appeared in the chart section, as well. More experienced traders among you will definitely want to check out Heikin-Ashi. It’s a new type of candlestick charts, but with a twist – it can easily serve as a trading indicator due to the way its main four points are calculated. With just a little bit of practice, you could gain a powerful tool in predicting future movements. Just check the Chart Type part of the platform and choose Heikin-Ashi. It’s as simple as that.

Consider this: all these features have been added in the last couple of months or so. Therefore, you can clearly see that the company is working day and night to make sure their offer is always up to date. But we have just scratched the surface here. IQ Option Review brings you more amazing features.

Investing in options with IQ Option

IQ Option as name was carefully chosen for this company. They started out as a binary options broker, but now they offer two more types of options – digital and the aforementioned FX options. You probably know already how binary options work: simply choose an asset and try to predict whether its price goes up or down. You can also set your expiration date to be anywhere from 60 seconds after opening your trade to the end of the month.

IQ Option digital options are a bit different. Here, you choose the strike price yourself (i.e. the point an asset’s price has to reach). If that point is reached, and depending on how much it is surpassed, you can get returns for your investments of up to 900%! Another difference is that you can only trade in intervals which last between one and five minutes, so you have to be quick to act. Exciting, isn’t it? However, we have to point out that due to strict EU regulations, both IQ Option digital option and binary options are available to professionals only.

Fortunately, if your’re a casual trader, there is no reason to worry. Just a few weeks ago the broker introduced their new fx options, a unique product perfectly aligned with the latest ESMA regulations. FX options come with more freedom and choices to manage your trades however you see fit even before they reach their expiry time. Surely, forex traders will love this. So, digital, binary and FX options, the choice is yours with this broker.

IQ Option Review – Conclusion

Without any doubt, IQ Option is among the very best brokers in the world, and we hope this IQ Option Review explains why. Clever business policy and its flawless execution attracted tens of thousands of traders to this company. With minimum investments, you can really see what binary options trading is all about and you will be extremely well protected every step of the way. A great new platform will also help you have a perfect trading experience, plus you can download the broker’s app in several different versions. But you don’t even have to spend any money if you just want to check things out here – simply open a demo account see what the broker has to offer that way. However, in that case you’ll be missing out on all the thrills all types of online trading can provide, thrills which are certainly worth a dollar or two. So open an account with IQ Option today if you want a complete trading experience.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

DISCLAIMER: Binary options are prohibited in EEA.