Binary and binary options are prohibited in EEA.
Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

IQ Option – Frequently Asked Questions

Your capital may be at risk. This material is not investment advice.

What are Binary Options?

binary options is a form of trading that enables traders to buy options to trade with. A trader either wins or loses, and that is the genesis of the binary concept. These IQ options – Frequently Asked Questions show that this kind of trading is highly profitable and can bring substantial income in the shortest time possible.

A South African trader can double or even triple his investment in a very short time, even in a matter of minutes. That explains why this kind of trading is very popular not only in South Africa but also around the world.

A trader in South Africa, or anywhere else for that matter, can invest in currency pairs, stocks, indices or commodities. A trader makes money by correctly predicting the market movement (either up or down).

Indicators such as charts and candlestick patterns are used to show the trends of the assets being traded.

Is IQ Option a scam?

IQ Option is a company that has been in operation since 2013 and is a licensed broker owned and operated by IQ Options Europe. The company is open to trading in different countries including South Africa. Scams normally do not disclose where they are located.

The contact details and other important information about IQ Option are easily accessible from the website.

South African traders and other parts of the globe have been using this platform for many years and they continue to do business with us, another indication that traders are getting what they are looking for on this platform.

How do I open an account with IQ Option?

Go to the home page. Choose “Sign Up” and enter your personal details. Accept the terms and conditions and confirm that you are 18 years or older. Open a free (demo) account and start practising how to trade. If you are an experienced trader, make a deposit and begin trading without further delay.

For actual trading in South Africa or elsewhere, you will need to deposit a minimum of US$10. Check the system to confirm that your country is open for trading on the IQ Option platform.

Can I get success on IQ Option platform?

As you will see under these IQ Options – Frequently Asked Questions all traders can get success on the IQ Option platform. Using the information available on the platform coupled with current affairs associated with the assets you wish to trade, predict the direction the asset will move in during your selected trading time (30 seconds, 60 seconds, etc.). You get success when you predict correctly. Increase your chances of predicting successfully by investing in education.

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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.

I have never traded before. Can I get success trading with IQ Options?

IQ Option – Frequently Asked Questions indicate that binary options trading can be a high-risk business, and traders are expected to invest in education in order to trade successfully. IQ Option is the only trading platform that has come up with one of the best tools available to traders, equipping traders with comprehensive educational articles to enable them to predict competently. The system makes trading profitable and withdrawals are easy. Customer care staff are on hand to assist in case you encounter any difficulties.

IQ Option provides a trader with very effective tools to facilitate both fundamental and technical patterns of analysis, increasing the chances of success. In addition, the system is accessible with its availability in multiple languages. A VIP account offers the added advantage of a personal account manager.

How much capital do I need to start trading?

With as little as US $10, you can begin trading. The maximum is US$5,000. You can start with the smaller amounts and increase the amounts as you become more experienced.

How much profit can I make with IQ Options?

IQ Option gives our profit margins as among the highest in the industry. We offer a return on investment of up to 91%. So, for example, if you invest US$1,000 and you make your prediction correctly when your trade expires you will receive your initial investment plus 91% profit. That means that if you get the maximum winning percentage, you get US$1,000 + US$910 = US$1,910.

When can I trade with IQ Options?

Markets, including South African markets, are open for trading 24 hours a day. Trades close at the end of each trading day.

What assets can I trade?

The IQ Option trading platform offers over 70 different assets to trade with. South African traders have a wide selection of currencies to trade with such as USD, EUR, GBP, CAD, NZD, AUD, JPY and many others, besides commodities such as silver and gold.

How can I withdraw my money?

IQ Option makes trading easy for South African traders. There are no complications when it comes to withdrawals. There are different payment platforms to use for both payments and withdrawals such as Paypal, Skrill, credit card, E-wallet, wire transfer and several other options.

How much can I withdraw from my account?

Minimum withdrawal is US$10.

How long will it take before I get my money after withdrawal?

IQ Option gives you two possible trading accounts – the Real account and the VIP account. If you are using the Real account, withdrawals take three working days. If you use the VIP account, you get your money within one business day.

Can I use a mobile device to trade?

Yes. The IQ Option platform is compatible with smartphones and tablets.

Does IQ Option give me any advantage over other Binary Option platforms?

These IQ options – Frequently Asked Questions categorises IQ Option as a unique trading platform that uses a custom made software. The system is very well and beautifully laid out. One major advantage with this platform that you will not find with others is the information we give South African traders and elsewhere in the world to increase their chances of success. We equip South African traders with a wide range of information about market trends and other important indicators.

Another unique feature of our platform is the free demo account. This is another support to South African traders, enabling them to practice trading and test their methods without risking any money.

Author info:
Author: Kungawo
Kungawo is from: South Africa, Cape Town
Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions