IQ Option is an award-winning online trading company that was established in 2013. The online broker offers plenty of financial products and keeps introducing new ones on a regular basis. Home to a community of over 41 million online traders, it features effective trading tools and a blog with the latest financial news.
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Reasons for Indian Brokers to Register at IQ Option
There are plenty of reasons for Indian brokers to register at IQ Option, and here are some of them:
- Numbers – The number of active users increased from 14,514,300 in 2016 to 41,463,400 in 2018. The number of transactions has increased by over 650% and the trading volume has increased by 1700% from 2014 – 2018.
In 2018, traders withdraw 3.6 times more money than in 2016, a huge sum of $24,969,200. The average time to process a payout request is 1 day.
- Customer Support – IQoption answers all your questions in tickets and chats. When the online broker started offering customer support through chat in 2014, traders had to wait at least 2 minutes in the queue. But today, they can obtain an answer in 38 seconds. Traders can also get a response to their emails in just 14 minutes.
Also, the customer support team has 91 members willing to assist traders with any problem they might have. Where support is concerned, IQ Option achieved a truly global level in 2018, reaching out to traders in over 150 countries, including India.
- Multiple Industry Awards – IQ Option is the winner of multiple industry awards, some of which are as follows:
- Best Binary Options Broker and Best Binary Options Broker/Trading Application Award at the IAIR Awards ceremony
- Award of Excellent 2017 (one of The Communicator Awards)
- Century International Quality Gold ERA Award
- Best Binary Options Broker Europe 2015
IQ Option Licensing and Regulation – Can You Trust it?
IQ Option’s parent company IQ Option Europe Limited has a center in Seychelles, which offers CFD and Forex trading in non-European countries, including India. Traders in India will be glad to know that IQoption.com offers support in Hindi.
The financial company has received a license from CySEC. It maintains trader funds in separate accounts and implements the latest encryption technologies to keep your transaction details safe.
Getting Started at IQ Option
Getting registered is easy as it displays its online registration form right on its website. You just have to fill in the form, check the box to indicate your acceptance of the terms & conditions, and click on the button “Open an Account for Free.” You also have the option to set up an account by using your Google or Facebook account to login.
Once registered, you can enjoy the following features.
Excellent Trading Platform
IQ Option’s sophisticated trading platform includes features such as technical analysis, multichart layout, historical quotes, and so on.
Several Investment and Trading Opportunities
The company not only offers the best trading instruments, but also excellent trading tools such as market updates, volatility alerts, calendars, newsletters, and stock screeners.
he company not only offers the best trading instruments, but also excellent trading tools such as market updates, volatility alerts, calendars, newsletters, and stock screeners.
You are not alone at IQ. You can always interact with like-minded people, get trading tips, and share your knowledge right from within the trade room.
Becoming a VIP Trader at IQ Option
If you have started trading heavily through your regular account, it is time to upgrade to a VIP account. As a VIP account holder, you can enjoy the following benefits:
- Unique offers
- Increased profits
- 24/7 support
- Personal account managers
- Monthly reports from expert analysts, providing expert opinion on the VIP account holders’ trading style
- Access to tutorials, webinars, and eBooks from experts
However, you should deposit a minimum of $3000 in your VIP account.
List of Assets
IQ Option offers trading on the following list of assets:
- 167 stocks from major companies such as Nestle, Wells Fargo, Facebook, and Apple Inc
- Binary and digital options
- 89 currency pairs
- 15 cryptocurrencies including ZCash, Qtum, TRON, Ethereum Classic, Litecoin, and others
- 11 indices such as JP 225, HK 50, US500, and GER30
- 6 commodities such as wheat, silver, crude oil brent, platinum, gold, and WTI
- Trade ETFs on indices, assets, and commodities
How to Make Deposits and Withdraw Profits
The minimum deposit required to trade is $10. IQ Option does not charge any fees for making deposits or withdrawing profits. It offers a wide range of payment methods that are convenient to Indian traders—credit/debit cards, prepaid cards, Skrill, Neteller, and Bitcoin.
Make sure that you choose your account currency accurately as the company does not provide any option to change it later. You can deposit in INR and IQ Option will automatically convert it into your selected account currency.
The broker permits a minimum withdrawal amount of $2. The maximum withdrawal limit is $1,000,000 per day. Before requesting payout, you should verify your account details by submitting copies of identification documents such as photo IDs, credit/debit cards, and so on.
If you make a withdrawal through Neteller or Skrill, you have to wait one day for your profits. Bank transfer withdrawals take up to nine working days.
Contact Information & Support
Here are the different ways to contact the company:
- Office Addresses: You can write to IQ Option Ltd, Hinds Building, Kingstown, St. Vincent and Grenadines and/or IQ Option Payment Ltd, Ionos 20, 4th Floor, Flat/Office 401, Egkomi, 2406 Nicosia, Cyprus.
- Social Media Support: You can interact with IQ Option staff and fellow traders on Facebook, Twitter, YouTube, and Instagram.
- Telephone: Use the toll-free India telephone +91-000-800-040-13-61.
Should You Register?
Since IQ Option offers plenty of financial instruments, great trading tools, toll-free telephonic support for India, and customer support in Hindi, we feel that IQ is one of the best online brokers for Indian traders. So, yes, we strongly recommend getting started on a demo account.