IQ Option Products
IQ Option has recently expanded its product offer quite radically. While they have retained their offer of binary options, their approach seems to have changed to vertical cryptography. We have to take into account the fact that, while the IQ Option website mentions something about customers who actually buy crypto currencies, the trading platform only supports cryptocurrency-based CFDs.
There is a separate section for Crypto CFDs, which has 13 assets. Most of the market capitalization cryptocoins are admitted, starting with Bitcoin and Bitcoin Cash, and ending with IOTA, Dash and Monero.
The CFD section focuses mainly on cryptocurrencies as well. While in the cryptographic sections, all virtual currencies are paired with the US. In the CFD section, crypto / cryptography pairs, such as LTC / BTC and ETH / BTC are also available.
The Forex product category is the largest in the broker. It has 22 currency pairs, from the most commercialized to the exotic.
The binary options section is simply called “options” these days and brings 23 negotiable assets to the table. This asset selection mainly covers currency pairs, but also includes some indices, commodities and stocks. It is said that the return percentages of these options are close to 95%, but in practice, they tend to be somewhat lower, covering the range of 85-95%, and yes, that also applies to popular currency pairs such as the EUR / USD. .
Digital options are special options that offer return percentages of up to 900%. This section of the product selection exclusively covers currency pairs.
IQ Option Regulation
Yes, the IQ Option has always been regulated. They acquired their CySEC license in 2014. Their license number is 247/14. What all this means is that the operation has been considered compatible with MiFID by the Cyprus Securities and Exchange Commission. This makes it clear that IQ Option is free to sell its financial services throughout the EEA (European Economic Area). The brokerage is registered with the majority of the largest European regulators, such as the FCA of the United Kingdom, the Consob of Italy, the BaFIN of Germany and the Regafi of France.
In addition to the trading tools that can be accessed directly from the trading platform, as detailed above, IQ Option apparently also tried to provide its clients with a kind of economic news section, aimed at highlighting trading opportunities. The reason why we call this a simple “attempt” is that this news section does not seem to be updated properly and regularly.
The sub-section dealing with cryptocurrencies is the most up-to-date, once again, underlining the operator’s focus on this new financial vehicle.
The IQ Option support can be accessed through a large number of free regional telephone numbers. Customers can even send an email directly to the CEO and the CAO of the operation. The IQ Option headquarters are located at the Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus. The general support email is [email protected]
IQ Option Conclusion
IQ Option is, once again, a main destination for the trading of CFDs based on cryptocurrencies, as well as Forex. The commercial conditions are exceptional in all its products.
Please note that certain products and / or multiplier levels may not be available to traders in EEA countries due to legal restrictions.