IQ Option Articles

IQ Option is an award-winning binary options trading broker and has been available since 2013. Since its inception, it has been able to satisfy a wide pool of customers around the globe. In the recent past, the company has been able to establish itself in a number of countries, and is expanding to include the South African market. IQ Option Europe Ltd currently operates in Europe and the platform is available in a number of languages. It is an award-winning broker that is placed in the top 3 in reviews at 7binaryoptions.com and binaryminery.com
As an iconic figure of the binary options trading fraternity, and which can be attested to in many IQ Option articles, IQ Option certainly demands your attention for our attractive and user-friendly interface, including a range of graphic options and a free demo training account. We are proud to present this options trading platform to the South African market, which competes favourably with a number of high profile binary options brokers around the globe. We believe our platform has continued to set the pace for all binary trading brokers globally, and we are pleased to welcome South African traders to take part in this exciting method of trading.
Included are a series of informative and educational articles on the use of IQ Option, including a series of ‘how-to-do-it’ guides.

Main Banner – 1 click, 60 seconds, 24/7 Trading
The financial products offered by the company 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.

Register on IQ Option

Registration on IQ Option is very simple and straight forward. All South African traders can easily register online within a few seconds. You are required to provide your full name, email address and your preferred password. You agree to the terms and conditions and click on ‘Start trading’. This is enough for starting to trade with the demo account which does not require you to make a deposit of any kind. Otherwise, you can switch to the real account which requires South African traders to deposit a minimum of $10.


IQ Option login

Login to the IQ Option trading area is simple and straightforward. Provided you have registered with a valid account, you should not encounter any issues.  It is possible to start trading using your demo account which only requires you to provide your first and last names, along with an email address and password of your choice. This is located right below the start trading icon on the platform’s main page. There is a also a link that leads to the “Open real account” page.

$10 minimum deposit on IQ Option

As indicated earlier, being able to gain experience in trade on IQ Option only requires you to be in possession of a demo account. You do not need to make an initial deposit to be able to use this account, and as the name suggests, it lets you understand the process without real money involved. There is a ready trading amount waiting for you as soon as you have registered for a demo account. You can only engage in real trading activities involving real assets once you have made a minimum deposit of $10 or more and register with a real account. This is the only way you can have access to the real assets that the platform has to offer.

IQ Option South Africa - Frequently Asked Questions

In order to learn more about IQ Option and trading in South Africa on the binary options market, you will find answers to the following frequently asked questions:

  • Do I need to make a deposit to trade on IQ Option?
    You do not need to make an initial deposit to trade using the IQ Option demo account, as highlighted in many IQOption articles. However, you will need to make an initial deposit to trade using the real account. IQ Option gives its users an edge over other brokers because it requests only a minimum deposit of $10 be made before you begin investing in real assets on our trading platform.
  • Is there an app for IQ Option South Africa?
    Yes. IQ Option South Africa has an app that South African traders use to engage in the binary trading activities on the site. There is an app for most of the popular platforms including Apple’s Mac computers and iOS, Windows PCs and their respective devices, and also Android devices. You can download the app for free. It is also possible to gain access to both the demo and real accounts from the app.How many assets are on IQ Option’s trading platform?
    IQ Option has many assets that South African traders can choose from. Trade in forex pairs, indices, commodities and equities. Today, the trading platform now features over 70 high profile trading assets, depending on the account set up.
  • What payment methods does IQ Option South Africa support?
    IQ Option South Africa supports a number of payment methods. Almost any reputable payment method that currently exists is supported by IQ Option South Africa. Some of the most notable payments that are supported and highlighted on many IQ Option articles include Skrill, wire transfer, iDeals, Visa, Master Card, Fast Pay and WebMoney, among others.
  • How much is the minimum withdrawal amount on IQ Option?
    IQ Option is unlike other binary trading platforms as it offers a range of withdrawal methods and this applies to South African traders too. Further, its rules on withdrawing funds are quite flexible. It is possible for South African traders to withdraw any amount with a usual minimum of $10. This is one of the lowest minimum withdrawal amounts that are known today. But withdrawal charges range between $5 and $10 depending on the withdrawal method being used. As such, you may need at least $15 to make a withdrawal.
  • How long does it take for a withdrawal to be processed?
    The length of a withdrawal process often depends on the method and the account you are using. Under normal circumstances, processing a withdrawal from the real account can take up to 3 business days. Withdrawals made from VIP accounts, however, take only 1 business day.

How to Profit when trading with IQ Option

Amount to be credited to account for a successful trade.

In order to increase the odds of making a profit from IQ Option’s binary trading platform in South Africa, you can do well to take advantage of certain special trading methods that are available today. A good number of South African traders are using reliable trading techniques to make profits and you can rely on these if you wish to generate profit from this binary options trading platform.

  • Use of robots: you can use auto tradition options since these are automated and reduce the odds of losing funds. A robot can analyse and make the right market projects and subsequent decisions. These are tools that have been designed to streamline the trading process by a significant extent. They have been designed with amazing abilities to analyse market situations and to make the right decisions on behalf of the trader. Even though they are algorithms, they are still special tools for streamlining the trading process.
  • Spend more time in the demo account: there is every need to realize the fact that taking part in binary trading activities is a risk, which if not calculated properly can lead to unacceptable financial losses. Therefore, you do not have to rush into trading from the real accounts. Spending more time in the demo account will give you plenty of opportunity to learn how to trade effectively. This will help to reduce the odds to losing funds.
  • Choose the best assets: one of the best ways to increase your odds of making profits is to take advantage of the best trading assets. Since IQ Option features many assets (more than 70 profitable assets), you can take advantage of those that are secure. For example, the Euro/USD pair is worth trading in since it is associated with huge payouts.
  • Never shy away from tournaments: you can also take advantage of the various IQ Option tournaments that are available on the IQ Option trading platform. These tournaments can help you to generate as much as $10,000 or even more.
Amount to be credited to account for a successful trade.
Free Demo Account
The financial products offered by the company 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.

Platform Review

It is now time to review the IQ Option platform in order to figure out whether the platform is worth signing up for or not. This information is based on what some South African traders had to say about the binary trading platform belonging to IQ Option South Africa.

  • Information from our review team and a number of IQOption articles clearly showed that IQ Option South Africa has a platform that has satisfied its traders. A good number of South African traders indicated that the trading platform is great to navigate, making trading simple and straightforward.
  • There is not much personal information to enter for initial registration on the trading platform. Our review was able to reveal that many South African traders and IQOption articles have attested to this. It explains why many traders are willing to join the site.
  • The presence of various learning tools such as webinars, videos and tutorials has helped many traders to become experienced in binary trading. No doubt, the site is home to traders as they can easily engage in trading at various levels irrespective. Our review clearly showed that many traders are utterly interested in joining the site on this basis.
  • The trading platform is multilingual supporting over 13 languages from around the world. Based on the review and information from IQOption articles, many traders around the world love the trading platform on this basis.
  • Withdrawing from a trader’s account is something that is simple and straightforward. Provided you have the right minimum amount, you can make a withdrawal from your account. At least $15 (expressed as $10 without withdrawal charges) is required to initiate a withdrawal. The processing time is around 3 business days for a real account and 1 business day for a VIP account.
  • A number of traders also acknowledged the fact that the trading platform is highly secure. This applies to all faculties of the platform including withdrawals, deposits and account accessibility. The review showed that many traders are impressed with the security that is associated with the site.
  • The low investment amount is another feature that has significantly attracted scores of traders across South Africa and the globe at large. Our review was able to reveal that a huge fraction of the traders in South Africa are interested in joining IQ Option on account of its low investment amount of only $1.
  • Information highlighted in various IQOption articles and reviews also showed that many traders are impressed with the fact that the trading platform can be accessed from the IQ Option app which is accessible on a number of platforms including the iOS, Windows, Android and Mac book.Each of the features on the IQ Option trading platform, have been replicated on the apps thus making trading even much simpler and straightforward. It is possible to make a switch from the demo to the real accounts seamlessly and conveniently.
  • Our review was also able to show that IQ Option South Africa is among the most trusted binary option trading platforms that are available today.  It is regulated by a number of financial regulatory bodies around the world. This is testimony to the transparency of trading on the platform. The information revealed by many reviews and IQOption articles clearly shows that the trading platform is legitimate.
  • Another notable reason that makes IQ Option attractive is the fact that they have a simple joining process. Within a few seconds, you can begin using the demo account while waiting for a chance to open any of the real accounts after acquiring trading experience. A number of South African traders are extremely interested in signing up for an account with IQ Option on this basis. Our review was able to show that many traders in South Africa are flocking to this broker on a daily basis.

IQ Option App

Gaining access to the IQ Option trading platform in South Africa is great. All you have to do is to login your account. It is also possible to access the IQ Option account using the IQ Option app. The app is available on various device platforms including the iOS, Android, Mac computers (Apple) and PCs. The app has a great user interface and is quick to use.

It comes with a number of features that are available for the purposes of making it great for traders around the world to enjoy trading on IQ Option’s trading platform.  You can make use of the demo account, deposit and withdrawal buttons, license agreements, 24/7 support, and tutorials.

Further, the app also comes with features such as access to the demo, real and VIP accounts, the withdrawal icons, and an extra advantage is that it enables traders to switch from the demo to the real account and back in a single click. The app is available for download for free from various stores including the Apple store, Google’s Play store, and the Microsoft store for traders on the IQ Option trading platform who are using Microsoft Windows.

IQ Option Bonuses

IQ Option was renowned for being among the leading providers of bonuses to both new recruits and old members.  Currently, IQ Option South Africa no longer offers any bonuses. This is a decision that was arrived at in a bid to safeguard the funds of the traders on the platform. The information surrounding this topic has been documented in a number of IQOption articles on various platforms including the company’s official website. You are welcome to get in touch with the customer support team regarding this subject, or if you come across any site claiming to offer bonuses with IQ Option.

IQ Option Account Types

In order to successfully trade on the IQ Option trading platform, South African traders must be in possession of a valid IQ Option account.  There are three accounts that any trader in South Africa can sign up for. The number of privileges that you can enjoy will depend on the account that you are using. It is also possible to gain access to each of these accounts from the app. Here is a look at the major accounts that the trading platform has to offer.

  • The demo account: this is the first account that all traders can open. The account requires no minimum deposit and features attributes that are replicas of what can be found in the real trading accounts. You can use the account to learn how to trade in the real world. There are many learning tools that are available on the trading platform which you can access through the use of the demo account. The learning tools include videos, webinars and tutorials. Each of the tools is highly illustrative to give the learners a chance to grasp the basics of trading on the platform. Advanced users can also master advanced trading techniques using the trading platform. But, you can only migrate to the real accounts after making an initial deposit of at least $10.
  • The real account: this is the basic real trading account that is found on the IQ Option trading platform. Traders who can trade using this account are required to make an initial deposit of $10 or more (up to $1,000). Further, they are also supposed to make an initial investment of $1. Access to the assets that the trading platform has to offer is also granted to every trader who has opened a real account. Over 70 assets are available to traders who use the platform. Making a withdrawal from a real account is provided if you have a balance which is at least $10. All withdrawals made using the real account are processed within 3 business days.
  • VIP account: this is the most lucrative account on the IQ Option trading platform. Like the real account, access to all the trading assets on the platform is granted to the trader. If you have signed up for this account, you will also be entitled to a much quicker processing method lasting only a single business day. You are required to make an initial deposit of $3,000 or more to be able to open a VIP account.
    Making a deposit or withdrawing from any of the two real accounts is facilitated by the same payment methods including Skrill, wire transfer, Mastercard and Visa among others. More information on these accounts has been well elaborated on various IQOption articles and reviews that can be found on the official IQ Option website.

IQ Option Banking

IQ Option allows its South African traders to use a wide range of currencies, especially the major currencies that are used around the world.  All the banking information belonging to the traders is secured irrespective of the account they are using.

Transaction histories are available and accessible on both the web platform and the app. This is because of the value that IQ Option attaches to financial transparency. Bank transfers in the form of withdrawals are processed just as normal wire transfers.

Making deposits and withdrawals is also possible through the use of various payment methods including Neteller, Ideal, Skrill, Visa, Mastercard and FastPay. Before you can make an initial withdrawal from your account, you will be required to submit identification documents such as government ID and bank account statements. This applies to all account holders including the real and VIP account holders in South Africa.

Main Banner – 1 click, 60 seconds, 24/7 Trading
The financial products offered by the company 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.

Trading Amounts on IQ Option

In order to trade on the IQ Option binary trading platform, traders in South Africa have to be in possession of a real – rather than a virtual – account. The platform features two trading accounts: the real and VIP accounts. Each of these accounts is associated with its own trading amounts. In order to be able to trade using any of the accounts, you are requested to meet the minimum trading requirements specific to each account.
In order to make any investment, you will require at least $10 in your account if you are using the real account, and $3000 if you are using the VIP account. Otherwise, you will only be allowed to use the demo account.
From your trading account, you will be required to invest a minimum of $1. You can increase the amount to as high as $1,000 (this is the maximum trading amount that any trader can invest) depending on your personal preferences.

Assets on IQ Option

IQ Option is renowned for being one of the most attractive trading brokers in binary options today. This can be attributed to a number of reasons. One of the most notable reasons that has continued to enable IQ Option to pull a large crowd of traders is the fact that it is associated with many trading assets.

The platform is home to over 70 viable trading assets which are available to both real and VIP account traders. Individuals using a demo account can only be allowed to have access to real assets after they have migrated to one of the real accounts.

There are many investment assets that you can find on the IQ Option trading platform including futures, commodities and currencies. With an initial investment of only $1, you can have access to these and several other investment assets that the site has to offer.

Type of trading options on IQ Option

IQ Option is among the leading binary trading brokers simply because it has a trading platform with many trading options. There are regular trading options which the platform has to offer to its customers. Each of the regular trading options is only accessible to individuals who have either the real or VIP account.

Individuals using the demo account cannot use any of the trading options that IQ Option has to offer. Trading options vary based on the length of the trading sessions and the amount of investment that has been made.

Generally, the basic trading sessions are separated by a total of 62 seconds. Longer trading sessions also exist lasting around 5 minutes per trading session. The longest trading sessions last for over 85 minutes before a new session can begin.

There are also IQ Option binary option trading tournaments that you can engage in. In order to take part in any of the tournaments that the site has to offer, you are required to pay an entry fee. You will be entitled to as much as $10, 000 in prize money if you successfully win a tournament!

Is IQ Option a scam or legitimate?

The binary options trading industry is among the most lucrative industries available today. But it is also among the riskiest industries to venture into and traders in South Africa are equally affected.  Generally, the choices of investment are the ones that determine how risky a specific binary trading venture is. The choice of a company also determines how risky a specific binary trading endeavour can be. For this reason, the need to choose legitimate binary option traders cannot be overstated.

IQ Option is a legitimate binary option broker as documented on their website and in a number of reliable IQOption articles. This claim is qualified by a number of reasons. One of the major reasons to account for this is the fact that the platform is transparent in all its transactions. This applies to all withdrawals, deposits and debits that are conducted on the platform. A number of independent reviewers have placed IQ Option high in their list of recommended binary options brokers.

US Traders on IQ Option

If you are a US prospective binary trader and you wish to join IQ Option, you will not be allowed to open an IQ Option account. This is unfortunate for all individuals who are native US binary option traders. It is not known whether IQ Option will change its stance on this matter in the near future. But, it is important to bear in mind the fact that no US traders are supported by this binary trading broker. If you are a US trader, you can try the other binary trading corporations that are available in the industry.

Free Demo Account
The financial products offered by the company 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.

IQ Option Conclusion

Based on information highlighted above and several other IQ Option articles, it is quick to deduce that IQ Option is a remarkable binary broker. Its superb web platform, a great combination of features available also on its app, and very low withdrawal and investment amounts all account for the reliability of the platform. Further, the fact that it is a highly secure trading platform which supports many trading currencies, and is regulated by many financial market regulators also make it exceedingly attractive to many traders in South Africa.