IQ Option Review 2020: Is IQ Option Scam? | Read Before You Join IQ Option


IQ Option Review 2020:

Before joining any Binary Options Broker you must check whether it is a Scam or Legitimate broker and pays to their traders in time and without any kind of problem. So, Today we are going to do an IQ Option Review and we will find out all the answer of your question arising in your mind before joining IQ Option. Today in this article we will cover all your various question from it’s Sign Up process to it’s IQ Option Scam review whether it is a scam or not. This is the points we will cover in today’s article.

  • IQ Option Review 2020
  • IQ Option Sign Up Process
  • IQ Option Scam Review
  • IQ Option Account Type
  • Conclusion

IQ Option Review 2020

Those are new to the Binary Options Trading and looking for a good Binary Options Broker they always come to a question “Which Is The Best Binary Options Broker” and their question is right also.There are around 100+ Binary Options Broker currently present in the market and you cannot go and check each and each and every Binary Options Broker so it now our duty to give you best Binary Options Review of best Binary Options Broker which is currently present in the market. Before going to actual review here is the quick overview of our IQ Option review.

Basic information:

Online since: 2013
Jurisdiction: Cyprus
Software: IQoption
Max Returns: Up To 91% in case of correct prediction
Minimum Deposit: $10
Minimum Investment: $1
Maximum Investment: $5,000
Currencies: USD, AUD, NZD, RUB, CAD, EUR, GBP, Yuan
Mobile: Android, iOS
Countries: Accept all countries except USA, Canada, Australia, Japan, Russia, Turkey, Israel, Syria, Sudan and Iran. Users from following countries can not trade from iOS mobile application: Malta; Android application unavailable for: Malta, Myanmar, Liechtenstein, Cuba.


– Very good trading platform
– Vast variety of options
– Excellent returns
– Interface is mobile friendly
– Trading with minimum investment
– Regulated by the respected CYSEC agency
– Stand-alone demo account


– No customers from USA, Japan, Canada, Israel, Syria, Sudan and Iran accepted

In today’s market every day a new Binary Options Broker comes into the field and it becomes very hard to choose from all this Binary Options Broker. They all compete with each other to get more customers to their platform. This is good as eventually it will benefit to traders only who are in search for Binary Options Broker. Thus in the race of Binary Options Broker IQ Option stands at the 1st position because it understand his customers and that’s why they have given the minimum amount of deposit i.e $10 and minimum amount of trade of just $1.

Is IQ option Regulated By Any Authority?

Yes, IQ Option is regulated under CySEC which is and it totally under its control and they strictly follow its rules and regulation. The company is registered as IQOption Europe Ltd, This make stand out IQ Option from other Binary Options Broker by following all the rules and regulation made by CySEC. All the policies are easy to understand and protect traders from any kind of financial loss. To protect traders they ask you to give your Government ID as to protect their traders and make their system more protected.

IQ Option Sign Up Process:

IQ Option Sign Up process is very simple you have to just enter few details and you will have your new IQ Option account. Keep in mind that you can only make 1 account per person so do not try to make other accounts otherwise you will be banned. Just follow this simple steps and you will have your new IQ Option account.

  • Go to IQ Option Website.
  • Fill in the details like Fist name, Last name, E- Mail and your Password.

  • Now got to your Personal account setting Tab and you will be asked to enter your “Name, Address,Phone Number and Date Of Birth” Please enter correct details because they will check your account to verify it.
  • During withdrawal, you will be asked to give your Government ID to verify your identity.

IQ Option Scam Review: Is It A Scam?

We have done a full investigation about IQ Option and you will be happy to know that yes IQ Option is a legitimate Binary Options Broker and it is not a Scam. This is the facts which make him legitimate:

  • Operated for several years without any kind of complaints: If IQ Option is a Scam then it cannot operate for several years without any kind of complaints and bad reviews.
  • Lowest minimum deposit:  Scammers always try to get money as fast as possible because it’s scam can be revealed at any time so they try to gain as much money as he can.
  • Free demo account: Scammers do not give any kind of demo like account because they want to as much as he can in short period of time.
  • Free educational videos: If anyone want to scam any people then they do not provide them any kind of free educational materials to help them in making money.
  • Fast Withdrawal: Scammers generally do not give their money back to their traders But, IQ Option give them easy money withdrawal option and within 24 hours they give your money back in your account.
  • Awards: No doubt that no scammer will get any kind of award for their scam. But, IQ Option has got many kinds of awards for their trading platform.

 IQ Option Account Type

IQ Option Real Account:

  • Full access to Trading platform
  • More than 70 assets
  • Fast withdrawal in 1 days
  • Real money trading
  • Start trading with just $10 deposit

IQ Option VIP Account:

  • More than 70 assets
  • Full access to trading platform
  • Fast withdrawal in just 24 hours
  • Real money trading
  • Personal manager
  • Monthly analysis of your trading your analysts
  • VIP access to deposit from $3000


It is totally clear that IQ Option is a legitimate clear winner and you must start doing trading on this platform without any kind of hesitation and your money will be totally safe with them. IQ Option is one of the best Binary Options Trading Platform in terms of their review from already existed traders and their innovative trading platform. You can also do trading in IQ Option in Desktop as well as in Mobile.

We give them 4.9 stars out of 5 stars.

You can join IQ Option from below button and start doing trading and make money in its real account.

IQ Option - F.A.Q:

You can deposit any amount you want to deposit in IQ Option minimum required amount is $10.

You can withdraw any amount you want to withdraw in IQ Option minimum required amount is $2.

If you have suppose deposit $50 then and you earned $100 then you can withdraw $50 in your Debit/Credit card remaining profit you have to withdraw money in your E-Wallet like Neteller, Skrill and Advance cash.

As per IQ Option, they send money to you within 3 days but your bank needs some more time to complete the transaction. As per experience, it can take the max time of up to 2 weeks it all depends on your location within this time mostly you will receive your money.

There is no mention of such charges associated with the IQ Option website but as per our experience around $10-15 per withdrawal charges are levied on every withdrawal.

E-wallets is a most easy and most convenient method to withdraw money in IQ Option as it just take 24 hours max to get your money in your E-wallet.

Yes, you have to verify your account in order to get your first withdrawal from IQ Option.

It may take 1 week excluding Saturday and Sunday to verify your IQ Option account generally it takes less time.

Yes, they take fees for every withdrawal you make it depends on what E-Wallet you are using generally Neteller takes $12 and Skrill takes $7 for every withdrawal to your bank account.

Yes, there is currency conversion charges of around 4% if you are taking money other then USD.

During deposit of money in E-Wallets, you have to choose “Non-Gambling” as it does not comes under the Gambling section.

No, you cannot withdraw money in Bitcoin you can only deposit money in IQ Option with Bitcoin you need to withdraw money by choosing other methods like Debit/Credit card or E-Wallets.

No, you cannot withdraw your money directly in Bank Account you need to choose other methods like Debit/Credit card or E-Wallets.

Also Read:

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.

Our Rating

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