Binary Options Trading EASY With IQ Option!
Getting Started at IQ Option
Our expert IQ Option review team found that this is one of the easiest brokers to get started out at. The setup section is basically the same as every other CySEC regulated broker. You will need to create an account first. To do this, you need to give your name, your country of residence, street address, email address, and your phone number. They will also ask you to select a base currency with which you want to trade with. Once you choose this, you cannot change it later.
Once you have created an account, your next step is to fund it. IQ Option gives you a number of different choices that you can use to fund your account. They offer the major credit cards, wire transfers, and a host of e-wallets. These include Skrill, WebMoney, Qiwi, Neteller, CashU, and a few others.
Depending on the method of funding that you use, you can get started with real money trading with as little as just $10 in your account.
In order to protect invested funds, when selecting a company for a long-term partnership a professional trader should consider not only a company's specific trading conditions but also, most importantly, the existence of documents confirming that the company's operations comply with the relevant countries' legal requirements and that the company complies with internationally recognized financial standards.
IQ Option has obtained the necessary licenses to operate in the financial services industry.
CySEC monitors the activities of companies rendering financial services to ensure their compliance with the laws and regulations of the Republic of Cyprus and the European Union.
IQ Option has License No. 247/14, issued by the Cyprus Security Commission, an independent public oversight agency responsible for regulating the investment services market in Cyprus.
IQ Option places special emphasis on matters related to protecting invested funds. We guarantee the security of our clients' funds and prompt fulfillment of our financial obligations.
IQ Option services comply with the basic financial directives of the European Union (MiFID) and are licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC, License No. 247/14)
IQ Option is FCA Registered (Reference number: 670182).
Another guarantee that clients' interests will be protected during trading is IQ Option' participation in compensation funds, which have been created specifically to provide protection and secure clients' claims in instances where brokers are not capable of fulfilling their financial obligations.
IQ Option participates in the Investor Compensation Fund (ICF, Cyprus)
Our business model is based on pure exchange rule – at any moment and for any price there are traders willing to buy and there are traders willing to sell. In an ideal situation the positions of those who buy and of those who sell are equal.
The clearing is done inside our system and we get our commission out of the trading volume.
In cases where there are differences between the buyers and the sellers we pass this risk to the market maker which covers the risk.