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Binary Options Brokers

Binary Options Brokers in the USA – Trusted Binary Options Brokers

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What are binary options brokers

We review the best binary options brokers worldwide. Hi, this is BinarySignalsPro, and today we will discuss how to choose a binary option broker and what is the best broker for binary options for you, whether you are in the US or Australia, or elsewhere.

Currently, there are more than 450 trading platforms or brokers. This was not the case in 2008, when binary options trading began, as there were about 10 trading platforms that were good, as they created High Competition.
The emergence of many brokers, which is beneficial for investors in terms of more bonuses and higher profits.

Best Brokers and Investment Companies 2020

Trade with the best binary options brokers on the market:

If anyone does not know: a binary option is an “all or nothing” option; This option with a fixed price, which, depending on the pre-agreed condition, either provides a fixed income, or does not bring anything.

Brokers Rating

Brokers, rating of investment companies – All brokers and investment companies. The broker rating is an intuitive, functional and convenient tool for a trader who chooses an exchange broker.

The main purpose of the rating is to compare brokers and choose the best investment companies. Each visitor to the site, regardless of whether he is a novice or a professional, is invited to vote for the best brokerage company from his point of view. We also recommend that you review our Binary Options Brokers rating.

The rating of brokers is not responsible for errors in the information provided. To get the latest information, visit the website of the broker or investment company.

TeleTrade-DJ Ltd Sharp ECN Forex Account

IQ Option – CFDs on stocks, Forex, Cryptocurrencies

24option Broker Access the financial markets all in one place

WHY AMARKETS? 11 years of successful trading

Broker HighLow Markets Get a $50 cashback sign-up bonus

Online Trading with Binary com Broker

Most Innovative Multi-Asset Broker 2020 “Best Retail Forex Broker“

At Binomo you can invest in transactions starting at $1 with returns of up to 70%.

Get More than a Forex and CFD Trading Account at XM

easyMarkets® technology breaks not only the administrative barriers, but also the minimum monetary entry level. With our system the user can open a position for as little as 25 USD.

EuropeFX Personal Client Area Broker

Prestige Financial Markets. Why Should You Choose to Trade with Us?

For many traders, US brokers are the benchmark for reliable and high-quality trading in binary options. This is due to the fact that regulators closely monitor the investment activities of the United States, and the requirements for investment companies are very strict.

Thus, the choice of a broker in the US market is an additional guarantee of the security of the invested funds. It is from these considerations that large investors prefer US brokers with extensive experience in the market. As far as this is true, everyone must decide for themselves, but the US regulatory bodies, such as the CFTC, which are subject to US brokerage funds in the stock market, are already a guarantee of the company’s reliability.

The following list of binary options brokers in the US contains the most significant brokers that can provide services to traders from the United States. Choosing DC, you should consider all options, and if the broker is trustworthy, but territorially located and registered in the US, this is not an excuse to refuse to cooperate. Many brokers have sites in different languages ​​and are happy to see customers from all countries, so they provide quality technical support in all languages.

The rating of American brokers, presented in the list below, contains the most respected companies with a good reputation.

IQ Option Review


US Traders Accepted
Company Name IQ Option Europe Ltd
Headquarters Nicosia, Cyprus
Regulation CySEC (license #247/14)
Max Payout 90% (Amount will be credited to account in case of successful investment)
Out-of-Money Reward 0%
Trading Platform Proprietary
Early Closure
Deposit Options Credit/debit cards, wire transfer, QIWI, Skrill, Neteller, WebMoney, CashU, iDeal, Fasapay, Boleto, AdvCash, TrustPay, Przelewy24, Giropay, MyBank, Trustly, Entercash, UnionPay, Perfect Money, WeChat
Deposit Currencies US dollar, Russian ruble, euro, Great Britain pound, Brazilian real, Malaysian ringgit, Indonesian rupiah
Minimum Deposit $10
Minimum Trade $1
Maximum Trade $5,000
Online Since 2020
Trading Instruments Currencies:
Gold, Silver
AIG, Alibaba, Amazon, Anheuser-Busch Inbev-Spn, Apple, Aurora Cannabis Inc, BMW, Baidu, Bank of America, Canopy Growth Corp, Cisco Systems, CitiGroup, Coca Cola, Cronos Group Inc, Daimler AG, Deutsche Bank, E.ON, Facebook, Ferrari, GW Pharmaceuticals, General Motors, Goldman Sachs, Google, Intel, JP Morgan Chase, Lufthansa airline, Lyft, McDonalds, Microsoft, Morgan Stanley, Nike, Nintendo, Snap Inc., Tesla, Tilray Inc, Twitter Inc, Verizon, Yahoo!, Yandex
ETFMG Alternative Harvest ETF, Invesco QQQ Trust (MXN) ETF, Materials Select Sector SPDR, SPDR Dow Jones Industrial Average ETF, SPDR S&P 500, SPDR S&P Metals & Mining ETF, SPDR S&P Oil & Gas Explor & Product, SPDR Select Sector Fund – Consumer Discretionary, SPDR Select Sector Fund – Energy Select Sector, SPDR Select Sector Fund – Technology, SPDR Select Sector Fund – Utilities, VanEck Vectors Gold Miners ETF, VanEck Vectors Oil Services ETF, VanEck Vectors Semiconductor ETF, iShares 20+ Year Treasury Bond ETF, iShares China Large-Cap ETF, iShares Core MSCI Emerging Markets ETF, iShares MSCI Emerging Index Fund, iShares MSCI Japan Index Fund, iShares MSCI Mexico ETF, iShares Russell 2000 ETF, iShares U.S. Real Estate ETF
Classic Options:
3M Company, AES Corp, AFLAC Inc, AT&T Inc, AbbVie, Abbott Laboratories, Accenture plc, Activision Blizzard, Acuity Brands Inc, Adobe Systems Inc, Advance Auto Parts, Aetna Inc, Affiliated Managers Group Inc, Agilent Technologies Inc, Air Products & Chemicals Inc, Akamai Technologies Inc, Alaska Air Group Inc, Albemarle Corp, Alcoa Inc, Alexion Pharmaceuticals, Allegion, Allergan plc, Alliance Data Systems, Alliant Energy Corp, Allstate Corp, Alphabet Inc Class A, Alphabet Inc Class C, Altria Group Inc, Inc, Ameren Corp, American Airlines Group, American Electric Power, American Express Co, American International Group, Inc., American Tower Corp A, American Water Works Company Inc, Ameriprise Financial, AmerisourceBergen Corp, Ametek, Amgen Inc, Amphenol Corp A, Anadarko Petroleum Corp, Analog Devices, Inc., Anthem Inc., Aon plc, Apache Corporation, Apartment Investment & Mgmt, Apple Inc., Applied Materials Inc, Archer-Daniels-Midland Co, Arthur J. Gallagher & Co., Assurant Inc, AutoNation Inc, AutoZone Inc, Autodesk Inc, Automatic Data Processing, Avago Technologies, AvalonBay Communities, Inc., Avery Dennison Corp, BB&T Corporation, BIOGEN IDEC Inc., Baker Hughes Inc, Ball Corp, Bank of America Corp, Bard (C.R.) Inc., Baxter International Inc., Becton Dickinson, Bed Bath & Beyond, Best Buy Co. Inc., BlackRock, Block H&R, Boeing Company, BorgWarner, Boston Properties, Boston Scientific, Bristol-Myers Squibb, C. H. Robinson Worldwide, CA, Inc., CBRE Group, CBS Corp., CF Industries Holdings Inc, CIGNA Corp., CME Group Inc., CMS Energy, CSRA Inc., CSX Corp., CVS Health, Cabot Oil & Gas, Campbell Soup, Capital One Financial, Cardinal Health Inc., Carmax Inc, Carnival Corp., Caterpillar Inc., Celgene Corp., Centene Corporation, CenterPoint Energy, CenturyLink Inc, Cerner, Charles Schwab Corporation, Chesapeake Energy, Chevron Corp., Chipotle Mexican Grill, Chubb Limited, Church & Dwight, Cimarex Energy, Cincinnati Financial, Cintas Corporation, Cisco Systems, Citigroup Inc., Citizens Financial Group, Citrix Systems, Coach Inc., Cognizant Technology Solutions, Colgate-Palmolive, Comcast A Corp, Comerica Inc., ConAgra Foods Inc., Concho Resources, ConocoPhillips, Consolidated Edison, Constellation Brands, Corning Inc., Costco Co., Crown Castle International Corp., Cummins Inc., D. R. Horton, DTE Energy Co., DaVita Inc., Danaher Corp., Darden Restaurants, Deere & Co., Delphi Automotive, Delta Air Lines, Dentsply Sirona, Devon Energy Corp., Diamond Offshore Drilling, Digital Realty Trust, Discover Financial Services, Discovery Communications-A, Discovery Communications-C, Dollar General, Dollar Tree, Dominion Resources, Dover Corp., Dow Chemical, Dr Pepper Snapple Group, Du Pont (E.I.), Duke Energy, Dun & Bradstreet, E*Trade, EOG Resources, EQT Corporation, Eastman Chemical, Eaton Corporation, Ecolab Inc., Edison International, Edwards Lifesciences, Electronic Arts, Emerson Electric Company, Endo International, Entergy Corp., Equifax Inc., Equinix, Equity Residential, Essex Property Trust Inc, Estee Lauder Cos., Eversource Energy, Exelon Corp., Expedia Inc., Expeditors International, Express Scripts, Extra Space Storage, Exxon Mobil Corp., F5 Networks, FLIR Systems, FMC Corporation, FMC Technologies Inc., Facebook, Fastenal Co, FedEx Corporation, Federal Realty Investment Trust, Fidelity National Information Services, Fifth Third Bancorp, First Solar Inc, FirstEnergy Corp, Fiserv Inc, Flowserve Corporation, Fluor Corp., Foot Locker Inc, Ford Motor, Fortive Corp, Fortune Brands Home & Security, Franklin Resources, Freeport-McMoran Cp & Gld, Frontier Communications, Gap Inc., Garmin Ltd., General Dynamics, General Electric, General Growth Properties Inc., General Mills, General Motors, Genuine Parts, Gilead Sciences, Global Payments Inc, Goldman Sachs Group, Goodyear Tire & Rubber, Grainger (W.W.) Inc., HCA Holdings, HCP Inc., HP Inc., Halliburton Co., Hanesbrands Inc, Harley-Davidson, Harman Int’l Industries, Harris Corporation, Hartford Financial Svc.Gp., Hasbro Inc., Helmerich & Payne, Henry Schein, Hess Corporation, Hewlett Packard Enterprise, Hologic, Home Depot, Honeywell Int’l Inc., Hormel Foods Corp., Host Hotels & Resorts, Humana Inc., Huntington Bancshares, Illinois Tool Works, Illumina Inc, Ingersoll-Rand PLC, Intel Corp., Intercontinental Exchange, International Bus. Machines, International Paper, Interpublic Group, Intl Flavors & Fragrances, Intuit Inc., Intuitive Surgical Inc., Invesco Ltd., Iron Mountain Incorporated, J. B. Hunt Transport Services, JPMorgan Chase & Co., Jacobs Engineering Group, Johnson & Johnson, Johnson Controls, Juniper Networks, KLA-Tencor Corp., Kansas City Southern, Kellogg Co., KeyCorp, Kimberly-Clark, Kimco Realty, Kinder Morgan, Kohl’s Corp., Kraft Heinz Co, Kroger Co., L Brands Inc., L-3 Communications Holdings, LKQ Corporation, Laboratory Corp. of America Holding, Lam Research, Legg Mason, Leggett & Platt, Lennar Corp., Leucadia National Corp., Level 3 Communications, Lilly (Eli) & Co., Lincoln National, Linear Technology Corp., Lockheed Martin Corp., Loews Corp., Lowe’s Cos., LyondellBasell, M&T Bank Corp., Macerich, Macy’s Inc., Mallinckrodt Plc, Marathon Oil Corp., Marathon Petroleum, Marriott Int’l., Marsh & McLennan, Martin Marietta Materials, Masco Corp., Mastercard Inc., Mattel Inc., McCormick & Co., McDonald’s Corp., McKesson Corp., Mead Johnson, Medtronic plc, Merck & Co., MetLife Inc., Michael Kors Holdings, Microchip Technology, Micron Technology, Microsoft Corp., Mohawk Industries, Molson Coors Brewing Company, Mondelez International, Monsanto Co., Monster Beverage, Moody’s Corp, Morgan Stanley, Motorola Solutions Inc., Murphy Oil, Mylan N.V., NASDAQ OMX Group, NRG Energy, National Oilwell Varco Inc., Navient, NetApp, Netflix Inc., Newell Rubbermaid Co., Newfield Exploration Co, Newmont Mining Corp. (Hldg. Co.), News Corp. Class A, News Corp. Class B, NextEra Energy, NiSource Inc., Nielsen Holdings, Nike, Noble Energy Inc, Nordstrom, Norfolk Southern Corp., Northern Trust Corp., Northrop Grumman Corp., Nucor Corp., Nvidia Corporation, O’Reilly Automotive, ONEOK, Occidental Petroleum, Omnicom Group, Oracle Corp., Owens-Illinois Inc, PACCAR Inc., PG&E Corp., PNC Financial Services, PPG Industries, PPL Corp., PVH Corp., Parker-Hannifin, Patterson Companies, PayPal, Paychex Inc., Pentair Ltd., People’s United Financial, PepsiCo Inc., PerkinElmer, Perrigo, Pfizer Inc., Philip Morris International, Phillips 66, Pinnacle West Capital, Pioneer Natural Resources, Pitney-Bowes, Polo Ralph Lauren Corp., Praxair Inc., Inc, Principal Financial Group, Procter & Gamble, Progressive Corp., Prologis, Prudential Financial, Public Service Enterprise Inc., Public Storage, Pulte Homes Inc., QUALCOMM Inc., Qorvo, Quanta Services Inc., Quest Diagnostics, Range Resources Corp., Raytheon Co., Realty Income Corporation, Red Hat Inc., Regeneron, Regions Financial Corp., Republic Services Inc, Reynolds American Inc., Robert Half International, Rockwell Automation Inc., Rockwell Collins, Roper Industries, Ross Stores, Royal Caribbean Cruises Ltd, Ryder System, S&P Global, Inc., SCANA Corp, SL Green Realty,, Schlumberger Ltd., Scripps Networks Interactive Inc., Seagate Technology, Sealed Air Corp.(New), Sempra Energy, Sherwin-Williams, Signet Jewelers, Simon Property Group Inc, Skyworks Solutions, Smucker (J.M.), Snap-On Inc., Southern Co., Southwest Airlines, Southwestern Energy, Spectra Energy Corp., St Jude Medical, Stanley Black & Decker, Staples Inc., Starbucks Corp., State Street Corp., Stericycle Inc, Stryker Corp., SunTrust Banks, Symantec Corp., Synchrony Financial, Sysco Corp., T. Rowe Price Group, TE Connectivity Ltd., TJX Companies Inc., Target Corp., Tegna, Teradata Corp., Tesoro Petroleum Co., Texas Instruments, Textron Inc., The Bank of New York Mellon Corp., The Clorox Company, The Coca Cola Company, The Hershey Company, The Mosaic Company, The Travelers Companies Inc., The Walt Disney Company, Thermo Fisher Scientific, Tiffany & Co., Time Warner Inc., Torchmark Corp., Total System Services, Tractor Supply Company, TransDigm Group, Transocean, TripAdvisor, Twenty-First Century Fox Class A, Twenty-First Century Fox Class B, Tyco International, Tyson Foods, U.S. Bancorp, UDR Inc, Ulta Salon Cosmetics & Fragrance Inc, Under Armour, Union Pacific, United Continental Holdings, United Health Group Inc., United Parcel Service, United Rentals, Inc., United Technologies, Universal Health Services, Inc., Unum Group, Urban Outfitters, V.F. Corp., Valero Energy, Varian Medical Systems, Ventas Inc, Verisign Inc., Verisk Analytics, Verizon Communications, Vertex Pharmaceuticals Inc, Viacom Inc., Visa Inc., Vornado Realty Trust, Vulcan Materials, Wal-Mart Stores, Walgreens Boots Alliance, Waste Management Inc., Waters Corporation, Wells Fargo, Welltower Inc., Western Digital, Western Union Co, Westrock Co, Weyerhaeuser Corp., Whirlpool Corp., Whole Foods Market, Williams Cos., Willis Towers Watson, Wisconsin Energy Corporation, Wyndham Worldwide, Wynn Resorts Ltd, XL Capital, Xcel Energy Inc, Xerox Corp., Xilinx Inc, Xylem Inc., Yahoo Inc., Yum! Brands Inc, Zimmer Biomet Holdings, Zions Bancorp, Zoetis, eBay Inc.
Bitcoin (BTC), IOTA, Litecoin (LTC), Ripple (XRP)
Number of Trading Instruments 574
Binary Option Types High/Low, Turbo, Classic Call/Put
Customer Support Types Phone, email, web form, Skype, paper mail
Education Offered How-to pages, FAQ, glossary, newbie articles, financial news
Tools Offered Charting suite, technical indicators, graphical objects, multi-charting, historical quotes
  • Most Innovative Binary Option Broker 2020 from ShowFx World (Moscow)
  • Fastest Growing Binary Options Brand in Europe 2020 from Global Brands Magazine
  • Best Binary Options Broker in Europe 2020 from Global Banking & Finance Review
  • Most Innovative Binary Options Platform and Best Mobile Trading Platform in Binary Options 2020 from International Finance Magazine
Languages Russian, English, German, Arabic, Spanish, Swedish, Chinese, Korean, Norwegian, French, Indonesian, Italian, Portuguese, Turkish, Vietnamese
Demo Account Yes, unlimited.

IQ Option is an established broker that specializes in binary options and classic (vanilla) options trading. Their website is available in 13 languages and is accessible globally. The site is operated by IQ Option Europe Ltd company based in Nicosia, Cyprus. The website offers something of a “no frills” approach to binary options trading, which may be simply because it is relatively new. The trading platform is proprietary and a little hard to grasp at first, but it is one of the most advanced trading terminals in the binary industry and it has some interesting features for controlling your investment amount. IQ Option also offers a fully functional demo account. The company itself is regulated in Cyprus by the Cyprus Securities and Exchange Commission.

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    Great Choice For Beginners!
    Free Trading Education!
    Free Demo Account 1000$!
    Get Your Sign-Up Bonus Now!


    Only For Experienced Traders!

Getting Started with a Demo Account or a Real Account

You can sign up in under a minute and get started right away on IQ Option. One of the best things about this broker is that they offer a demo account which you can use indefinitely. There are no limitations as far as time goes, and you do not even need to make a deposit to use the demo account. This is a wonderful feature. It is also really uncomplicated to access; you do not need to get in touch with customer service or anything. You will find the link to open a demo account at the top of the page right next to the link for opening a real account.

At any time, you can choose to deposit funds through one of the numerous deposit methods which the site offers. You can open an account in US dollar, Russian ruble, euro, Great Britain pound, Brazilian real, Malaysian ringgit, and Indonesian rupiah, and the minimum deposit size is $10 or equivalent in other currencies. Along with credit and debit card, the site offers a variety of e-wallets and online payment services, most of which are Russian. No withdrawal fees are posted, and neither are any minimum withdrawal thresholds. One of the advantages of the IQ Option deposit system is that it allows you to save your favorite payment method and then use it in a one-click mode. This significantly simplifies the funds deposit process.

VIP Account

You can open a real account with as little as $10. This is amazing for traders with small bankrolls or those who want to practice live trading with real money without risking much. There are some great benefits that go with this type of account. But what really is impressive is the VIP account.

You can qualify for the VIP account just by depositing $3,000 or the equivalent in another currency. You can participate in trading competitions, you are given a personal manager, and you also can enjoy monthly analysis of your trading by qualified experts on the IQ Option Team.

In addition to that, VIP account holders enjoy increased rewards on binary options in a range of trading assets.

The Trading Platform

IQ Option updated their trading platform in 2020, and let me say, the updated platform is very impressive to see. Forget about your boring white label SpotOption interface. This one-of-a-kind interface displays beautifully with a high contrast graph on a dark screen. The chart updates live, and the bright glowing green dot immediately grabs your attention with its pulsing movement. If you hover your mouse over “Call” or “Put,” an arrow appears pointing in the direction that you are saying that price will move. For a trader who learns visually, this is a wonderful feature to provide clarity and focus.

You can select your trade amount in the top right. If you want, you can trade as little as $1. This is wonderful flexibility for traders with small accounts! On the left, you will see your open and closed positions. You can also look through assets, top performing traders (for copy trading), signals and news. This is very convenient! Don’t like the black background? Change it to white by clicking on the moon-shaped icon at the top of the page.
The platform is supported in several versions, making IQ Option accessible to traders with nearly any device:

  • Desktop – Windows and Mac OS
  • Web-based
  • Mobile: Android and iOS

It is an interesting platform, and there are 73 different assets to trade. There is a shortage of some traditional trading tools, but there is a great feature for analysis – historical prices for assets going back to 2020. The historical quotes can be adjusted using a custom time zone and are available down to seconds.

The platform features 20 built-in technical indicators:
Momentum indicators: Aroon Oscillator, Awesome Oscillator, Balance of Power, Belkhayate Timing, Center of Gravity, Chande Forecast Oscillator, Chande Momentum Oscillator, DeMarker, Detrended Price Oscillator, Klinger Oscillator, MACD, Momentum, Price Oscillator, Relative Strength Index, Stochastic Oscillator, True Strength Index, Vortex Indicator, Williams’ Percent Range, Woodies CCI.
Trend indicators: ATR Trailing Stops, Aroon, Average Directional Movement Index, Bollinger Bands %B, Chop Zone, Commodity Channel Index, Ichimoku Cloud, KDJ, Mass Index, McGinley Dynamic, Parabolic SAR, Supertrend.
Volatility indicators: ATR Bands, Average True Range, Bollinger Bands, Chaikin Volatility, Donchian Channels, High Low Bands, Keltner Channels, STARC Bands, Standard Deviation.
Moving average indicators: Arnaud Legoux Moving Average, Kaufman’s Adaptive Moving Average, Least Squares Moving Average, Moving Average, Rainbow Moving Average.
Volume indicators: Accumulation/Distribution, Net Volume, Volume Oscillator, Weis Wave Volume.
Other indicators: Accumulative Strength Index, Bollinger Bands Width, Chande Kroll Stop, Choppiness Index, Coppock Curve, Fractal, High – Low, Highest High.

Offered education is minimal; there are how-to pages, FAQ, glossary, some newbie’s articles, and financial news.

The range of trading instruments (assets) is astonishing. It includes hundreds of stocks and also currencies, commodities, indices, and even cryptocurrencies.


IQ Option supports price alerts which you can set for any asset and then get notified either via the platform’s window or via a push notification to a mobile device – like phone or tablet.


Earlier, IQ Option organized a series of binary trading tournaments with prize funds from several thousand dollars to as much as $100,000. The tournaments lasted from one day to several weeks and offered an opportunity for the top binary options traders to earn additional cash based on their trading skills and luck. The tournaments were held using virtual funds (usually, $100) but there was a small entry fee ranging from $1 to $100. Some tournaments allowed re-entry after failure after paying additional fee. Most tournaments added up a part of the entrants’ fees to the prize pool, increasing the winning bonus for the top scoring traders. There were multiple tournaments held simultaneously or awaiting traders in preparation stage.

The IQ Option tournaments have been discontinued on November 1, 2020, due to regulatory rules imposed by CySEC.

* Tournaments are subject to Terms & Conditions.

Classic (Vanilla) Options

In addition to binary options, IQ Option offers classic options – American style Calls and Puts on 500 assets traded during the US trading session. Traders can buy the classic options at varying strike levels and varying expiry time. IQ Option lets traders sell their options before expire similarly to early close facility in binary options. However, there is no way to short-sell (write) a classic option with the broker due to potentially unlimited risk of such action.

Trading in classic options opens a lot of opportunities to savvy traders as there are many interesting combinations of binary and vanilla option contracts.

Geographic Presence

IQ Option is a truly international binary broker. From 2020 on, they offer their trading services in 178 countries:

Austria, Bangladesh, Brazil, Cambodia, Chile, China, Colombia, Costa Rica, Croatia, Czech Republic, Denmark, Dominican Republic, Ecuador, El Salvador, Estonia, Finland, Germany, Greece, Haiti, Hong Kong, Hungary, Indonesia, Ireland, Italy, Jamaica, Kenya, Kuwait, Latvia, Malaysia, Malta, Mexico, Mongolia, Morocco, Netherlands, New Zealand, Nigeria, Norway, Oman, Pakistan, Peru, Philippines, Portugal, Qatar, Romania, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Switzerland, Thailand, Tunisia, Turkey, United Arab Emirates, United Kingdom, Zimbabwe, etc.


After a period of establishing as a rather popular online trading company, there is now a lot of information available about this company and their services. They are no longer new, which means that there is plenty of reviews posted about them in the Web. At the same time, IQ Option strives to be transparent and informative about its business. Their website is not difficult to navigate and you can get answers to most of your questions just by reading through the material. Customer service is available via email, web form, Skype, phone, or paper mail. Their support team is truly multilingual, providing help in 13 languages: English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Arabic, and Indonesian. However, nobody was on Skype when I checked during business hours on a weekday, which was disappointing.


This broker is a real mix of pros and cons. The flexible minimum trade size can make this a great choice for a small account holder who wants to conserve money and trade wisely. The fully functional, unlimited demo account is excellent. You can practice here as long as you need to and also learn your way around the unique interface without risking a penny. This proprietary trading platform and the control you are given over your payout and risk percentages is also very interesting. The company only offers short-term trades, few trading tools, and otherwise is quite limited on features, however, which are all substantial drawbacks.

IQ Option goes in the category of binary options which are definitely worth checking in with regularly as they look to be rapidly developing new features. They were off to a good start and has already proven to excel in the binary options field. At the same time there is still much of what they could do in the future. Hopefully they will decide to offer more types of options to trade, longer-term options and other tools, and improved access to customer service.


You can read our interview with the representative of IQ Option, which we have done in November 2020.

IQ Option , 4.8 out of 10 based on 38 ratings

IQ option Broker Review 2020

IQ Option is an EU-regulated, award winning broker that offers trading in a large variety of assets including options and CFDs in forex, cryptos, stocks and commodities with a minimum deposit of only $10. They are famous for their $10,000 free demo account, the innovative IQ Option platform and their large variety of both popular and more exotic assets.
IQ Option is our top awarded broker, so we would highly recommend reading this full review and finding out all you need to know about one of the most recognized and praised platform worldwide.

⛔️ �������� IQ Option is not available for traders in the U.S. If you are trading from the U.S, we would recommend checking out NADEX review – the best binary options provider for U.S. traders.⛔️��������

***Binary options are prohibited in the European Economic Area. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This material is not investment advice. ***

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IQ Option Account Features

At IQ Option, there are three trading accounts available: the real account, the VIP account and the free demo account. The real account is a regular trading account, the VIP account is for professional clients and the demo account is a free practice account where you can test the IQ Option platform and practice trading entirely risk-free.

You can check out all three options below.

Is IQ Option Fake or Not?

Free Demo Account

Answer : IQ is a real trading platform offering demo accounts with fake or virtual funds for beginners. IQ Option offers all fundamentals of binary trading. You can signup for a free trading demo account where you can trade with fake money. Do not confuse this with being a “fake broker” or a scam broker. Demo trading is basically real time trading on the actual software that you will make real trades from, but in a mock setting with fake money or called virtual funds. IQ Option offers traders $10,000 of virtual funds to use in their demo account.

There is no risk of losing real money when you are demo trading because the account is loaded up with virtual cash. Just like with a real account, an IQ Option binary options demo account allows you to see what the software is like, and your trades will be at the mercy of the market. If you have an incorrect guess, your virtual money is subtracted from your account. If you’re right, the return will be added to your account.

A demo account is one of the best ways to get a feel for whether or not the IQ Option platform is right for you. Does it mimic real trading perfectly? No. There are going to be psychological differences between demo trading and real trading. IQ Option cannot replicate these perfectly, nor can anyone else. Losing $1,000 in fake money is very different from losing $1,000 in real money. However, demo trading can teach you how to use the software well and give you time to practice so that you are less likely to lose real money when you begin. We strongly recommend you do this before trading with your real money.

Real Trading Account

IQ Option has one of the lowest minimum deposit amounts in the market to open a real trading account. The minimum deposit to begin trading at IQ Option is only $10. The minimum trade amount is $1 for binary options and digital options, and $20 for forex and CFDs. If you are trading from South Africa you can try to get higher returns with touch no touch binary options, but keep in mind it carry great risks and potential loss of money.

This creates a low bar entry for this broker, and it is also a good way to minimize your risk if you are new to trading. If you are still unsure about the broker or you are just hesitant to try trading with real money, this is one of the best brokers to start with.

VIP Trading Account

The IQ Option VIP account is targeted towards more professional traders, which is why the minimum deposit amount is much higher. The minimum deposit to open a VIP account with IQ Option is $3,000. This option is only possible when you are done with you basic binary options training.

These are accounts catered to trading experts with a higher profitability rate, a personal VIP account manager and free participation in their trading tournaments.

We would not recommend opening a VIP account with any broker if you are a beginner in trading.

IQ Option Trading Software

Other than a low entry barrier, IQ Option has a strong trading platform to encourage traders to use their site. They have a proprietary trading platform, and this comes with many special features, which are updated regularly.

Knowing how to use the IQ Option platform is a must if you want to be successful with this broker. Here, we’ll go over what you need to do to familiarize yourself with the IQ Option trading platform and give yourself the best chance possible of being profitable if you decide that you want to trade with IQ Option.

How Do I Use the IQ Option Platform?

The IQ Option trading platform is very simple. From their trading page, you are given a chart of the asset you are focused on, and then a place to edit trade amounts.

For example, if you want to make a $10 trade on the EUR/USD, you can later edit the amount if you wish from the same screen. Trade directions and expiries can also be dictated from this screen. If you want to make a 15-minute put option for $10, then change your trade to a 60-minute call option for $100 once that expiries, there’s no need to click on multiple screens to get this. This streamlined access is great for most people.

You can also look at different charts here. These are fully customizable, allowing you to change timeframes, and even put indicators on the charts themselves. This is a great way to hone your technical analysis skills and keep improving.

If you don’t have experience with this yet, this is a great way to slowly gain expertise. They offer Bollinger Bands, Alligators, MACD, and Parabolic SAR, just to name a few. We recommend the candlestick chart option.

They also have a trading client that you can download, trading right from your desktop if you wish. Most traders use their web-based browser, but if this is something that you want to avoid, there is a download available for you. Both work with equal ease.

Mobile Trading

IQ Option has a standalone app, both for Android and iPhone devices. On Android devices, you can find the download for their trading app on Google Play. For iOS devices, you can download the app from the iTunes store.

This is another choice that traders on the go have if they do not want to sacrifice trading opportunities just because of a busy schedule. Our IQ Option review team found that mobile trading can go either way when it comes to helpfulness. If you are going to use your phone or tablet to trade, we recommend having a strong method of analysis or a signals service on your side before you execute your first mobile trade.

500+ Trading Assets

As far as assets go, IQ Option offers over 500 different assets, ranging from classic options to CFDs in forex, cryptos and stocks. The broker recently expanded their stock collection by adding a variety of cannabis stock CFDs.

You can truly find anything you are looking for on the IQ Option platform and special features that will help you trade.

IQ Option Price Alerts

IQ Option recently added price alerts to their trading platform, which are created to make trading even easier. Price alerts automatically notify traders when an asset has reached a specific price level.

You create the alert yourself, based on the price you want to BUY or SELL. All you need to do is select an asset, click “create alert” and set the price you want to be notified for. Read more about itm and otm meaning finance to learn the basics.

IQ Option Robot

The IQ Option robot is no longer available.

If you are looking for a good robot to help you with your trades, check out our binary options robot section for the best automated trading options.


IQ Option recognizes that binary options trading education is important, and we applaud them for that. They have a strong set of resources for their traders, including free webinars, and plenty of reading material. This ranges from basic tutorials on how to make a trade, to in-depth binary trading strategies and risk management.

We firmly believe that all traders need to continuously be educating themselves if they are going to have a chance of being successful, and we recommend you take advantage of the tools that IQ Option provides for you. This will be the best way to take your trading from where you are now, to the next level. Couple this with real experience, and you are on your way to being successful.

Additionally, we also urge you to read financial news on a daily basis. You might have a favorite news source already, and if you don’t you should find a few. Having a streaming news service subscription, so that breaking news that will have an impact on your trades is sent to you automatically, will be your best bet. These services tend to have a cost, but they are worth taking advantage of as news events can have an immediate impact on prices.

IQ Option does a good job of providing their traders with the news, but this is often available a day after the fact. While helpful, it isn’t the best at keeping track of real time changes in the world.

IQ Option Support Information

The IQ Option customer support team is available 24/7 via email ( [email protected] ), live chat (from trading platform), phone or the contact form on their website.

You can contact IQ Option through the following numbers:


+44 20 8068 0760
+44 80 0069 8644


+351 882 880 034 (Toll-free)
+351 308 807 766 (National)


+34 90 086 16 12 (Toll-free)
+34 91 123 87 48 (Madrid toll rate)

IQ Option Payment Methods

IQ Option is a reputable broker, and they are regulated by one of the most heavily respected regulatory bodies in the online trading business. But even with this distinction, traders often have concerns about the wellbeing of their money. This is legitimate; there are a lot of scammers out there, and nobody wants to fall for one of these and lose their money. Here, we will go over the deposit and withdrawal process and let you know what you can do to make sure that this process goes as smoothly as possible for you.

IQ Option Deposits

You can make a deposit at IQ Option with a credit card (Visa, MasterCard, Maestro) a wire transfer, or a number of different e-wallets, like Skrill, Neteller and WebMoney. Remember that if you use a credit card, you can only withdraw what you deposited back onto that card later.

IQ Option Withdrawals

When you’re ready to cash out your account or take a partial withdrawal from it, you will need to make sure that a few basic requirements are fulfilled first.

According to EU financial regulations, you need to prove your identity and your address of residence before money can be withdrawn from your account. The best way to do this is to scan and submit a copy of a government ID (like a driver’s license or a passport) and a copy of a utility bill (like your electricity or internet bill).

If you are using a credit card, you will need to scan the front and back of the card and send it in. You should cover up all but the last four digits of the card number and the CVV on the back.

IQ Option doesn’t need this information as they encrypt their data, and it will help prevent any potential for fraud. Binary options already have a good deal of risk associated with them, you don’t want to put yourself at even greater jeopardy of losing money.

These rules might seem like needless hoops to jump through, but IQ Option follows them in their effort to prevent money laundering and other illegal activities. So, while they might be a hassle, they are for the general protection of everyone.

IQ Option Withdrawals Issues and Questions

You can make a withdrawal by Visa, MasterCard, or Maestro, as far as credit cards go. You can also use a wire transfer or an e-wallet. The e-wallets that IQ Option currently is compatible with includes Skrill, Neteller and WebMoney.

The primary way to make a withdrawal from IQ Option is by the same method that you made your initial deposit with. You should spend some time thinking about what’s going to be the most convenient way for you to make a withdrawal when you’re making your deposit so that you can expedite this process a little bit and avoid the potential for delays here.

For example, making a deposit with a disposable credit card might be problematic if you want to withdraw your IQ Option funds back to that card later.

Wire transfers are the most reliable and safest way to send and receive large amounts of money to and from your bank account, but there are some concerns here. Your bank may charge you for wire transfers, for example. No one wants to have to pay these fees, but if the safe transfer of your money is important to you, then this is worth looking into.

What is the minimum withdrawal amount?

There is no minimum amount that you can withdraw from your IQ Option account.

What is the maximum withdrawal amount?

The maximum that you can withdraw from your IQ Option account is $1,000,000. You can make multiple withdrawal requests over the course of time if you need to, but this is the maximum amount per day that you can withdraw. Also know that depending on your deposit method, you may not be able to withdraw as much as you want all at once. For example, if you made a deposit to your account with a credit card for $500, you would not be allowed to withdraw more than $500 back to that card. Once your card withdrawal request is complete, you can make another request for the rest of your balance, but it would need to be processed as a wire transfer or as an e-wallet transaction.

How Long Will My IQ Option Withdrawal Request Take?

Once you make a request for a withdrawal, the time it takes before it is processed will vary depending on the type of your account. If you have a VIP account, your request will be processed within 24 hours. If you have a normal cash account, the request will be between one and three business days.

Once things are completed on IQ Option’s end of business, it may be another few days before the money shows up in your account, depending on how fast your bank works. Typically, it will be no more than 72 hours after IQ Option has completed your request, but banks do vary here.

How Much Do IQ Option Withdrawals Cost?

Currently, withdrawals from IQ Option are free of charge. This does not mean that other institutions will not charge you, though. For example, your bank will likely have a fee for you if you use a wire transfer. IQ Option attempts to do their part to keep your costs down, though.

IQ Option is one of the best binary options brokers when it comes to choices for banking for a successful binary options payout. A lot of the issues that traders have with their broker has to do with financial transactions, but IQ Option is very simple to work with. Their rules are clearly stated on their site, and they are all compliant with regulations. Credit cards and e-wallets are the quickest way to get your money returned to you. If you have a VIP account, this process will be even quicker.

If you’re going to create an account with IQ Option and you have further concerns or questions about deposits and withdrawals, we recommend getting in touch with their customer service. They have a quick turnaround on emails, but a phone call may be more helpful if you are looking to get this resolved quickly. IQ Option is a reputable broker, and if you are familiar with their regulations for withdrawals before you get started, your dealings with them will be much smoother.


When you are selecting a new broker, looking at what others who have used a site before you have said is an easy way to get a feel for the site. If you are looking at IQ Option, you probably want to know whether this site has good reviews or negative reviews.

Are people happy using this broker, or do they have a bad experience, warning others to stay away from it? Is this a broker that does what they advertise themselves as doing? Answering these questions confidently before you make a deposit is going to be a key part of your success as a trader.

Is IQ Option Regulated?

IQ Option is regulated with a license in the EU, and since they have obtained this regulation, we haven’t been able to find any major negative reviews of the broker. It’s always a good idea to start with whether a broker is regulated or not when you begin looking at them. Stay away from brokers on our binary options scams blacklist.

Are There IQ Option Negative Reviews?

Negative reviews of IQ Option do exist, but most are focused on trader error. Online trading is tough, and people do lose money, whether they trade at IQ Option or somewhere else. You will notice if you read the 24option review or study the app reviews online, that there is always negative reviews as it is impossible to make everyone happy when a majority of traders are losing money. Not because they have problems with olymp trade withdrawal or other brokers but because it is tough and not for everyone.

Nobody likes to lose money, and it’s not surprising that people leave negative reviews when they do. The question that you need to ask yourself is whether this is the broker’s fault or the trader’s.

Another thing to be aware of is their withdrawal policy. We did find some complaints when it came to the withdrawal policy as people were surprised that they couldn’t withdraw more than what they had deposited with a credit card. For example, if you made an initial deposit of $1,000 with a Visa, and then doubled your account size to $2,000, you can only withdraw $1,000 of that back to your card. The rest would need to be withdrawn via a wire transfer.

This policy is standard practice within the binary options world and posted on their website. It’s important that you be familiar with the banking policies of the site you use before you create an account.

Finally, there were a handful of complaints about customers being locked out of their accounts. IQ Option is a regulated company, which means they need to follow the safety and anti-fraud rules and laws that exist.

Traders outside of the European Union, those with some sort of suspicious activity on their account, and those that do not verify their identities adequately will have issues here. Again, these policies shouldn’t be a surprise as they are a standard practice and clearly denoted.

How Do I Avoid These Issues?

The best way for you to avoid issues with IQ Option or any other reputable broker is to know the rules and follow them. Familiarize yourself with the best way to conduct financial transactions with the site before you ever make your first deposit.

Credit card transactions are easy and quick, but they are not always the best method for everyone. Also, be sure to take the appropriate steps quickly to confirm your account and identity. Provide the scanned copies of your government issued ID card and utility bill long before you want to make your first withdrawal. If you did use a credit card, be sure to scan a copy of this, blotting out the CVV and all but the last four digits of the card, and send it in. Getting these out of the way early will avoid issues with withdrawals later.

Conclusion: IQ Option is a Trustworthy Company

Are there complaints about IQ Option out there? Yes. Are they well founded complaints? For the most part, no. Most of the issues that people have with this broker are not actually with the broker itself, but with their own mistakes. Most people lose money when they jump right in to binary options trading, and they lose money as a result of this. We don’t want you to be among those people. Familiarize yourself with the broker before you get started, testing out the IQ Option demo account and looking over their banking policies.

Regulated brokers need to follow certain rules when it comes to finances, and IQ Option is no different here. If you know what the rules are, there’s zero reason that you will be upset about them when you are asked to follow them.

Our IQ Option review concludes that this is a great broker with a lot to offer traders, especially those that are just starting out or do not have advanced strategy skills yet in place. Other, more experienced, traders can also benefit from using IQ Option, but there is a definite appeal for new traders or those without a lot of capital here.

Whether or not this broker is right for you is up to you. CFD and binary options trading does have a lot of risk that is associated with it, and there’s a chance that you will lose money even when you use all of the proper risk management strategies that you should be using.

We encourage all traders to use demo accounts whenever they start using a new broker, and IQ Option does have a free demo trading service that you can use. This is a good way to get practice using the IQ Option platform in real time before you ever risk any of your own money. This certainly doesn’t guarantee that you will earn money trading, but it does help to reduce your chances of making a simple mistake when you are using the platform.

***Binary options are prohibited in the European Economic Area. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This material is not investment advice. ***

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