IQ Option Review: Is this broker legit, safe and trustworthy for UAE citizens and residents?
IQ Option - It's a below-average broker with no Dubai office, but does have a toll-free virtual number for UAE: 800 032 0891 -> No Arabic, English only.
Yes, this broker's official website and app are legit, safe and trustworthy for UAE citizens and residents.
IQ Option has decent reviews on Reddit and Quora, including satisfactory ratings on sites like Trustpilot. Thus, overall this broker is considered reliable for online trading of currencies, cryptocurrencies, CFDs and stocks.
Best known for its easy trading interface, IQ Option is a reliable and
trustworthy binary options broker Traders seeking for a reputable CFD and binary
options broker with low commissions can check out IQ Option. Customer service
and account opening are excellent. Beginners and more experienced traders alike
should consider it.
IQ Option was founded in 2013 and is based in London and New York. A wide range of financial products are available via their site. Many prizes were given to the desktop and mobile platforms for their features and capabilities. CFDs on prominent financial products have been added to their initial offering of binary options. Forex, ETFs, equities, commodities, cryptocurrencies, and digital and binary options are just a few of the many alternatives available to traders. Their headquarters are in Cyprus, where they have been designated a CIF (Cypriot Investment Firm). With the CIF licence #247/14, the Cyprus Securities and Exchange Commission approved this online broker. Traders from all around the world, including the European Economic Area, may utilise their online trading platform. The ease of use, minimal minimum deposit, and free account all appeal to traders.
We'll go over everything you need to know about IQ Option in this review so you can determine whether it's the correct broker for you. In the event you're on the lookout for a reputable broker, consider Pocket Option and Expert Option.
Trading many financial instruments and assets is possible on the IQ Option platform. Stocks, Forex, binary options (except in the EEA, where binary options are restricted), digital options, ETFs, cryptocurrencies (such as Bitcoin, Litecoin, and Ethereum), and other commodities are all examples of this kind of investment.. The currency value is shown in a graph on the main screen. You may purchase and sell currencies on the right-hand side of the screen, as seen in the image below. The amount in your trading account and the asset you are trading in are shown at the top of the screen.
Tweets by IQOption
The usage of technical indicators may aid the user in identifying and tracking trends. Using indicators, traders can see which deals have the best odds of success. Volum (exchange), Bollinger Bands, RSI Alligator, MACD and Moving Averages are among of the technical indicators used in this analysis. Other indicators include the Stochastic Oscillator (ATR), Fractal (ADS), CCI (Ichimoku Cloud), Awesome Oscillator (AOW) and Belkhayate Timing (BEL).
A variety of graphic charting tools are available to traders at IQ Option. Using charting choices, investors may visualise their trading plans. Area, Line, Candles, Hollow Candles, and Bars are some of the graphs available on the user interface.
It is becoming more common for people to trade on their cellphones as more and more of their everyday duties are transferred to their smartphones. Their mobile app, like the desktop platform, functions in a similar fashion. Android and iOS versions of the software are available for download.
In order to comply with Apple's new rules on binary options trading, the iOS version was rewritten. The iqoption mobile app allows you to trade forex, CFDs, and cryptocurrencies. Windows users may download an application version of the desktop site. Regardless of the device or programme version you pick, they provide an easy and user-friendly platform for both mobile and regular PC trading. '
As of this review, IQ Option has more than 300 different assets available for trading. ' CFDs on Forex, Exchange Traded Funds (ETF), Stocks, Cryptocurrencies, Indices and Digital Options are offered by IQOption.
On IQOption, forex trading is a popular option. There are over 50 different currency pairings to choose from, with spreads that are quite competitive in the market. GBP/JPY, EUR/USD, USD/JPY, USD/CHF, NZD/USD, USD/CAD, and AUD/USD are just some of the currency pairings that are available on the IQ Option platform.
It is possible to trade CFDs on 184 different stocks with IQ Option. For stock CFDs, there are no initial costs. Leverage of up to 1:10 is available for a minimum investment of $1. There are a lot of NYSE and NASDAQ stock assets listed here. It's possible to trade stocks in a wide range of firms.
CFDs on cryptocurrencies are available on their site in 12 distinct ways. This list includes the following cryptocurrencies: Bitcoin (BTC), Ripple (XRP), Qtum (QTUM), Ethereum (ETH), ZCash (ZEC), Dash (DASH), TRON (TRX), Litecoin (LTC) Withdrawals and deposits are quick and uncomplicated, making margin trading and short selling simple. With IQ Option, bitcoin assets may be traded using CFDs, Forex, or classic options just like any other asset.
There are a lot of leveraged trading in cryptocurrency multiples. If the underlying price is unchanged, the profit/loss of the deal is not affected. The multiplier increases the possible profit or loss on every business. Prior to the introduction of Bitcoin X 100, they only provided one multiplier, which boosted the Bitcoin price by 100 times. Iota, Ripple, and Ethereum (ETH) are among the other cryptocurrencies that IQ has expanded the range of multipliers accessible to – in addition to the Bitcoin multiplier (up to a maximum of 50 times). The higher the risk/reward ratio, the better this function is for you.
IQ Option allows traders to deal in actual commodities. It's no secret that commodities are on the rise for a number of reasons. Unlike currency-based assets, physical commodities do not depreciate or fluctuate in value. Another motivation to buy commodities is to diversify an investor's portfolio. You may buy and sell CFDs on four distinct commodities, including gold, silver, platinum, crude oil Brent, and crude oil WTI, using this broker.
Digital options on ETFs may be traded using IQ Option. These 24 ETFs encompass semiconductors, energy, technology, metals, utility, developing markets, and futures volatility. A single "basket" of stocks is created by combining several securities into an ETF. One financial instrument is used to exchange them.
In all, IQ Option has 49 distinct choices to choose from. It's easy to use and accurate to trade binary options with them. You may trade binary options on their website if you reside outside the European Union and want the simplicity of binary options. Trades have a set return and an expiration time ranging from 1 minute to 1 month. Trading binary options is made easier by imposing restrictions. Traders who place more importance on flexibility and control than on simplicity may find them restrictive..
Predicted price movements are possible with this investment vehicle. Payouts might reach a whopping 900 percent of the original investment. The minimum investment is just one dollar, and the expiration dates range from 60 seconds to fifteen minutes, depending on the kind of investment.
FX options are only available to traders located inside the European Economic Area (EEA). Like binary options, the profit and loss potential is predetermined and clearly stated. With a minimum transaction of $30, FX options may pay out as much as 2000%. There is an expiration date for FX Options, as well as a predetermined price point.
Standard trading accounts and VIP trading accounts are available. Creating an account takes only a few seconds. Once your identity has been validated, you'll have full access to the account. To utilise the genuine account, you must first make a deposit. The minimum deposit is $10, which is lower than many other platforms' minimum deposits.
In contrast to many other CFD brokers, there are no limits on functioning and just a $10 minimum deposit is needed. Over 350 assets are at your disposal, and withdrawals are processed within one business day. Access to competitions hosted on the platform is included in your subscription. Weekly IQ Option competitions are organised.
Customers who deposit large sums are eligible for the VIP account (the exact amount is subject to change). 3 percent more returns, personal account manager, and monthly reports are all included in VIP accounts. Customers outside the European Economic Area (EEA) are only allowed to open these accounts.
Because there is no deposit required, the IQ Option virtual account serves a valuable purpose in the world of trading. This account has no expiration date. You have unlimited access to add money to your account up to a maximum of $10,000 (in virtual currency, of course!). This account may be used in conjunction with a "real account," allowing you to try different tactics and strategies without putting your money at danger! Switch to a real account (regular or VIP) if you'd want to practise your trading talents in the real world.
One of the primary attractions for novice traders is the demo account. As a result, novice traders are flocking to the platform, which has a large selection of options and is easy to use, making it a popular choice for experienced traders.
Depending on where you live, you may use a variety of different payment methods to fund your account. Bank transfers are common, but you may also use credit or debit cards, e-wallets, or cryptocurrency wallets to make a deposit. Before you can make a deposit, you must complete the account verification procedure.
A mechanism named AstroPay is included with the IQ Options platform. It is possible to make payments with Astropay from nations where there are no other means of transferring monies available. For IQ, the Asian market is critical. From Thailand, Indonesia and Malaysia, it takes bank transfer payments from a wide range of financial institutions. There are similar systems in effect in South Africa (via Perfect Money), China, and the rest of Latin America (through China Union Pay, which deals with Taiwan, Hong Kong, and Macao).
You may request a withdrawal using the same methods you used to deposit money. You'll have to through a verification process. The minimum deposit for a basic account is $10. The user has access to all of the VIP account's features. Having a VIP account exposes you to greater payments, more training resources, and the opportunity to participate in larger events (some of which offer prizes of up to $100,000!). Customers that deposit a large sum of money may upgrade to a VIP account, which requires a greater initial payment (the exact amount is subject to change).
IQ's standard payouts are competitively priced, with traders earning up to a payout of 91% in certain instances. In terms of financial services, this is undoubtedly among the very finest! Despite the modest fees charged by many online brokers, the spreads on FX and CFD transactions remain competitive.
Payouts will vary based on the asset and expiration date of the deal. The performance and profitability of Forex and CFD transactions, for example, are directly related to the asset itself. Tools like stop loss orders and user-defined leverage are available on the platform.
Unfortunately, traders based in the United States, Canada, or Australia will be unable to establish an account with us at this time owing to restrictions imposed by our host nations. Belgian, Iranian, Israeli, Japanese, Latvian and other non-accepting nations include North Korea and the Palestinian Territories, Pakistan, Russia, Sudan, Syria and the Turkish Republic.
Large trade centres and hubs like Germany and Sweden employ IQ services. Use in Asia is increasing. Binary options trading has now been authorised across India and the Philippines (as well as Singapore, Malaysia, and other Southeast Asian countries). As a result, the platform is seeing a significant increase in its user base. In a similar vein, IQ's services are throughout high demand in Africa, where nations like Nigeria and Ghana enjoy relatively lax rules. Access to the mobile app is restricted in certain countries where accounts may be created and used, but not in others. Apps for Apple's iPhone and iPad are not available to users in China; the Android app is not available in Cuba; Liechtenstein is not available in Myanmar; and Turkey is not available in Myanmar. Other nations in Europe are allowed to trade, but are forbidden from dealing in binary or digital options owing to local laws and regulations.
Because to their high quality and durability, they have received several honours since 2013. It's a well-known internet broker with tens of millions of customers. The parent firm "IQ Option Europe ltd" is registered in Cyprus and has a CySEC licence. With this, they may do business and provide services in the European Economic Area. "iqoption ltd" handles trading accounts for customers outside of the European Economic Area. Iqoption ltd is based in St. Vincent & Grenadines, which is not regulated by the Financial Services Commission.
The IQ Options community organises a variety of tournaments for traders to participate in. Traders are ranked on a scoreboard based on the performance of their transactions, and each competition has its own set of rules and criteria.
IQ broker holds competitions to promote trading, provide exposure, and create a sense of community. For a company to be successful, the overall amount of profit it has made over a certain time is what counts. Some competitions are short-term, while others are long-term in nature. Different competitions focus on different assets. Forex and stock trading were two of the most popular options for some investors. The champions of the competitions get substantial prizes. That's in addition to the money you earned! A wide variety of prizes are available, including cash and travel.
IQ Option may bring in a profit. Prior to the end of the trade contract's validity period, you must correctly estimate the price movement (market direction). In principle, you might earn money in less than a minute. This is the shortest contract term available on the market. Profits from digital options might reach a whopping 900 percent. It is possible to make a maximum profit of 95% using binary options.
IQoption.com can't give deposit incentives since CySEC has laws in place. If you'd want to participate in a trading competition, you can win anything from $100 to $100,000. EEA cannot participate in trading competitions. Tournament entry is free for VIP members. There is a cost associated with standard accounts.
Risk is inherent in financial instruments. Money that traders cannot afford to lose should never be invested! The choice to begin trading is a subjective one that is influenced by a variety of different variables. To help you determine whether this is the right platform for you, we'll go through some of the reasons why. The demo account and its tournaments are two of this platform's most interesting, helpful, and visible aspects. For additional information, check out their official website.
There are no issues with the IQ Option platform when it comes to trading. Customers from 213 countries and more than 40 million people use this broker's services. On a daily basis, they handle more than 1 million transactions.
IQ Options is a reliable and trustworthy broker with an excellent trading interface. It is suitable for all levels of traders, from novices to experts.
The IQ Option's selection as your official broker is a sure bet. This broker is one of the largest in the business. As of this writing, they have over 40 million registered users. IQOption LLC is exclusively accessible to residents of the European Economic Area (EEA) since it is governed and licenced by CySEC. IQ Option is not regulated outside of the European Economic Area and is run by a company called IQ Option LTD. Traders' money is held in segregated bank accounts.
At this broker, there are more than 50 million active traders from 213 different countries. Every day, they deal with more than 1 million transactions. A legitimate online broker is IQ option. One of the top platforms in the business is available via them. It is suitable for all levels of traders, from novices to experts.
Regulated and well-known for its user-friendly interface, IQ Option is one of the most popular brokers. In terms of customer service, mobile trading app, binary options, and CFD trading, IQ Option came out on top for us. In addition to a large selection of investing alternatives, they also charge fees that are quite reasonable. IQ Options is a good option for traders, according to our opinion.
One of the best options trading platforms is IQ Option. Easy to use, diversity of assets, cheap minimum trade, low deposit and demo account features are all important aspects of the platform. Customer service with IQ Option is excellent. All brokers aren't created equal. Your own investigation is required. Make sure to take all the necessary safeguards while trading online to prevent financial losses. We really hope that you have found this research to be beneficial.
A number of financial products, including binary options, equities, forex, exchange-traded funds (ETFs), commodities, and cryptocurrencies, may be traded on IQ Option's website.
Since its inception in 2013, this broker has grown to be one of the most popular trading platforms in the world, with over 80,000,000 registered users and over 1,000,000 trades every day.. One may open an account with IQ Option from any of the 213 countries that the company welcomes as traders. This includes traders from many different parts of India and the world.
It is my hope that this evaluation will help you evaluate whether or not IQ Option is a good fit for your trading needs.
To better serve its clients, IQ Option does not utilise a typical trading platform but rather one that it has designed from the ground up just for them. A user-friendly and well-designed platform is what you get here. Multi-chart views, technical analysis tools, historical quotes, volatility warnings, market updates as well as stock screeners and economic calendars are just some of the numerous features available. A total of 13 languages are supported.
This trading platform is capable of providing access to an extensive range of asset classes and financial instruments. These include stock options (digital and traditional), currency trading (foreign and domestic) and commodity trading (commodities). In the EEA, binary options are not permitted, however.
The chart may be seen in the centre of the picture below. The Buy and Sell boxes are located on the right-hand side of the screen. At the top of the screen, you'll see your account balance and the asset you're now dealing in..
Since its inception, IQOption has evolved from a simple binary options broker to one that now allows customers to trade Contracts for Difference (CFDs) on a number of assets, including cryptocurrencies, exchange-traded funds (ETFs), forex, and stock index futures.
The proliferation of internet trading tools and software has prompted traders to exercise more caution when making a selection. Each and every piece of software makes the same claim: it will make you rich. However, not all of them can be trusted. Automated internet technologies have made life more convenient. Cyprus-based trading binary options broker IQ Option is one of the most profitable online brokers. When it comes to giving over money to trading robots, one must be careful.
Trading on this platform has quickly become one of the most popular in the globe. First, let's go over some of the basics of IQ Option before we begin our study. The following content is not for readers in the European Economic Area (EEA). Retail traders in the European Economic Area are not offered binary options.
The IQ Option trading platform, a premier piece of software, will be the subject of an in-depth technical analysis presented here. Since its inception in 2013, it has been a favourite with traders all around the globe. For both forex brokers and traders, it's a streamlined method to multi-asset trading. Multi-award winning IQ option.
The interface is intuitive and simple to use. It is possible to establish and utilise accounts in certain countries, however mobile app access is restricted. You can trade a variety of assets using IQ options, so get started trading right now. There are millions of traders who may find amazing online brokers thanks to IQ Option, a well-known broker. This analysis is based on the trading platforms, regulation, kind of account, fees, and more that these companies have to offer.
One of the world's fastest-growing online trading companies, IQ Option claims to have over 40 million users and is run by IQ Option Europe, a business established in 2013. Binary options, currencies, ETFs, equities, and the IQ Option Digital Options product are all available for trading on the IQ Option platform.
IQ Option is a CySEC-registered firm that has been granted permission to operate in the European Economic Area (EEA) and says that its location in Cyprus is favourable. In spite of this, IQ Option Ltd is registered in the Seychelles, a well-known offshore centre, while the Cyprus office is responsible for processing financial transactions. It is registered in Limassol, Cyprus. Register no. 247/14 with CySEC for regulation.
Customers of CIF IQ Option Europe Ltd have been repeatedly warned by the CySEC Board of Directors over the last several years that they face administrative penalties of up to 180,000€ or more for non-compliance with CySEC regulations. Since services are outsourced via the head office, which is not located in Cyprus, the fees for the IQ option were not compliant. Additionally, the statistics included certain penalties that were waived for misrepresenting risks on corporate websites and taking non-reasonable actions while executing orders, which does not lead to the best possible outcome for its customers.
"A CySEC fine of €180.000 was levied on IQ Option for outsourcing its operations." - The Magnates of Finance, 2016
IQOPTION LTD, a subsidiary of the corporation, manages trading accounts for traders outside of the European Economic Area. No regulations are in place for this business in St. Vincent and the Grenadines.
As many Indian traders are interested in Forex trading, and especially with IQ Option, the majority of them are unaware of this fact. Indian law does not prohibit trading, and foreign companies have never been banned from operating in India.
IQ Option is not accessible to traders in the United States since it is an illegal binary options broker. Only brokers licenced by the CFTC are permitted to operate in the United States. So, except for IQ Option, you are only allowed to trade on US licenced trading platforms.
IQ Option requires a minimum investment of $10 USD/GBP/EUR to start a genuine account. This broker offers a variety of no-fee alternatives for making rapid deposits and withdrawals. Account verification is a typical procedure for new traders, however other nations may have distinct criteria.
IQ Option has a minimum withdrawal amount of $2. Only the payment mechanism used to deposit monies to the account may be utilised to withdraw funds.
Customers of IQOption may trade options and CFDs using their own unique mobile application, which is simple to use and has a very clean UI. IQOption Downloading the software through the Apple Store or Google Play is possible for Android and iOS devices. In order to trade effectively, keep track of accounts, monitor market movements, utilise charting tools and create custom alerts and push notifications, this software is a must-have for every trader.
IQ Option provides a $10,000 virtual trial account for free. Using the demo account is free and unrestricted. If your demo account's virtual money are depleted, you may add more to keep practising.
Traders may use the Demo Account to get a feel for the broker's platform and to practise trading on a virtual trading platform. Furthermore, this helps the trader have a better feel for the game before they put their money into it and take on real danger. Traders may learn about the trading platform and practise their techniques at their own speed.
Because of many complaints from the broker's customers as well as official periodic concerns including non-maintained order records for clients, transactions, materials, and approval of information, there isn't a sustainable confidence in the given IQ Option trading environment overall. Since there are several unfavourable evaluations of this organisation, including poor execution and delayed withdrawals, these are serious difficulties when it comes to brokers like IQ Option in particular.
The Cyprus-based company IQ Option Europe Ltd. was established in 2013 and has its headquarters there. In order to use the www.eu.iqoption.com domain name, the broker must be registered with the Cyprus Securities and Exchange Commission. In addition, the broker runs the unregulated website www.iqoption.com. It is only fair to call the broker's CySEC-registered subsidiary "IQ Option" for the sake of this study.
There are more than 350 assets that can be traded via CFDs and Binary and Digital Options with the latter being available only to professional clients of the brokerage firm. Users of IQ Option have access to a proprietary trading platform that can be downloaded and used on a variety of platforms, including PCs, Macs, Android devices, and iOS devices.
In addition to a free sample account and up-to-date technical analysis through their blog, IQ Option also provides stock traders with an economic and earnings calendar and instructive films. These tools are ideal for both new and experienced traders.
CySEC-regulated IQ Option Europe Ltd is a member of the Investor Compensation Fund and provides segregated customer money," according to the company's website.
With IQ Option, you can trade a wide variety of assets. There are 186 stocks, 64 currency pairings, 25 exchange-traded funds (ETFs), 10 cryptocurrencies, and 5 commodities available for CFD trading. Only professional customers have access to the broker's Binary and Digital Options trading platform, which is accessible on 56 different marketplaces.
The expenses of trading, such as spreads and overnight financing (swap) rates, vary according to the asset traded. For example, the spread on EUR/USD is just 1.3 pips when logged into the broker's trading platform.
To comply with ESMA requirements, IQ Option offers three separate trading accounts to its customers. There is a retail account and a business account here. Binary and Digital Options are available to professional account holders, as well as additional benefits and a reduction in protection in accordance with ESMA regulations. The broker's website has additional information.
Withdrawing money from an IQ Option trading account is as simple as using any of the several deposit methods offered by the broker, such as Skrill, PayPal, Neteller, Sofort, WebMoney, bank wire transfer, or credit card. Commission-free deposits may be made in a matter of minutes or up to three business days, depending on the bank.
Deposits of at least 10 EUR/GBP/USD may be made in a number of different methods with this broker. However, the processing periods and fees are different based on the mode of payment used.
Users of IQ Option may trade for free on their own unique trading platform, which is available on a variety of platforms. Order functionality may be restricted compared to the well-known MetaTrader platform, despite the platform's distinctive characteristics.
The IQ Option trading platform may be accessed through the web or a desktop download for PC and Mac. The layout is simple and intuitive. When compared to other well-known trading platforms, traders may feel that the order functionality is restricted and difficult to use.
One of the main reasons for this is a combination of circumstances. One of the main differences is nomenclature. IQ Option employs phrases like 'when profit is' and 'when loss is' instead of terminology like'stop loss' and 'take profit.' A trader's choices are limited to three: a percentage of profit, a profit percentage, or an asset price. A "pips away" option is not available.
In addition to market research, video courses, and a trader leaderboard, the platform provides direct access to a broad range of helpful trading tools.
Selecting the "Download the App" button on a broker's website is all it takes to get the platform.
In terms of features, the IQ Option mobile trading app is essentially the desktop and web version on your phone. The Android version of the app opens in landscape orientation so that more features may be squeezed into the screen. There is a section on the left side of the page where traders may see their account information, including deposits, withdrawals, and history.
Multiple trading options are available in the real trading app. Forex, Stocks, Commodities, Cryptocurrencies, and ETFs are just some of the asset classes available to traders. Users may then choose from a broad range of trading indicators to add on the chart after they've picked one. In order to utilise the IQ Option one-click trading feature, traders may simply drag the horizontal price levels on the chart to buy and sell asset classes of their choosing and establish stop loss and take-profit levels. IQ Option's mobile trading app is simple to use, feature-rich, and has the same degree of functionality as the online and desktop versions, making it suited for both novice and experienced traders..
It is not possible to add extra features through software downloads since the IQ Option trading platform is a proprietary one. As a result, the broker's trading interface is feature-rich, providing access to a broad range of educational and research resources for traders.
Automated trading and social trading aren't available at the time of this writing, and there are no additional trading options available. Binary and Digital Options trading products are available to professional clients who meet the prerequisites outlined in the preceding section of this review.
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Users of the trading platform may also speak with other traders in various trading rooms through a live chat feature.
Trading fees at IQ Option are the same whether you're a retail or professional trader. A Trading Fees and Trading Hours page does not include all of the broker's charges; some of these are listed in their Terms & Conditions.
Most products with variable spreads and swaps and a broker markup may be traded without paying a fee to the broker.
To comply with European rules, IQ Option, a CySEC authorised broker, does not presently provide any bonuses or promotional incentives.
In English, Portuguese, and Spanish, IQ Option provides customer service by Live Chat, Phone, Email, and Social Media seven days a week, 24 hours a day.
On a Wednesday afternoon (UK time), I attempted to contact customer service by clicking on the Live Chat link, but no one was accessible. Even after repeatedly asking the identical inquiry in the Live Chat window for four hours, no one responded.
The IQ Option website and trading platform provide immediate access to a large range of up-to-date research tools and publications. As an example, the broker provides a comprehensive Economic Calendar and an Earnings Calendar for Stock traders.
You can find our office at Agiou Athanasiou Avenue 33 in the Limassol district of the island of Cyprus, just off the coast of the capital city. Phone: +44 208 868 0760
The IQ Option website and trading platform provide immediate access to a large range of up-to-date research tools and publications. As an example, the broker provides a comprehensive Economic Calendar and an Earnings Calendar for Stock traders.
A News Feed of articles from the Wall Street Journal, Kitco, and Market Watch can also be found through the broker.
The broker's Stock Collections, which are organised by sector and industry, also allow customers to conduct stock research.
An individual stock trader's broker may also provide a chart of the firm, some basic information, current news about the stock in issue, an analysis of earnings and a company biography.
Users of IQ Option's Ultimate Trading Hub get access to a library of educational films covering a wide range of trading subjects.
The video tutorials cover a wide range of subjects for both new and experienced traders. Video content in the Market News and Crypto Digest sections is the most extensive, and they're always current.
Retail and professional customers may create an IQ Option account with considerable ease, based on our findings. At no additional cost, users may trade on more than 345+ tradable assets in the Forex market as well as in the stock and commodity markets. Unfortunately, Indices trading is not currently available.
If you don't want to utilise a third-party platform like MT4, you may still use the broker's user-friendly proprietary trading platform. One-click trading, market analysis, and so on are only some of the services that may be accessible immediately from the platform. Certain advanced traders may find some order functionality restricted on the site. Although the programme has many more capabilities than competing mobile trading applications,
Is IQ Option a licenced broker? The Cyprus Securities and Exchange Commission (CySEC) has confirmed that IQ Option Europe Ltd is regulated (CySEC).
What city is home to IQ Option? The Yiannis Nicolaides Business Center in Agios Athanasios, Limassol, Cyprus, is home to IQ Option.
How does IQ Option get its revenue from trading? Spreads, swaps, and fees on certain tradable asset classes are the primary revenue sources for IQ Option.
What is the best method for making a deposit into my IQ Option balance? Skrill, PayPal, Neteller, WebMoney, Sofort, bank wire transfer, and Visa or MasterCard are all options for funding a trading account.
IQ Option requires a minimum deposit of what amount? In order to open a trading account, you must deposit a minimum of 10 EUR/GBP/USD.
How can I get my IQ Option funds out? IQ Option withdrawals can be made via Skrill, PayPal, Neteller, WebMoney, Sofort, bank wire transfer, and Visa or MasterCard, as well as through the trading platform.
IQ Option's maximum leverage is what? For retail traders, IQ Option offers a maximum leverage of 30:1 in accordance with ESMA regulations.
How can I sign up for an IQ Option account? Opening an account is as simple as clicking a button on the IQ Option website.
Is IQ Option a MetaTrader client? MetaTrader is not used by IQ Option.
Clients of IQ Option benefit from segregated accounts and a negative balance protection policy in accordance with ESMA regulations, as well as from CySEC regulation and membership of the Investor Compensation Fund.
Forex, Stocks, Commodities, Cryptocurrencies and ETFs are all available to trade with the broker, but Indices are not. Spreads, swaps, and other account-related fees are the primary sources of trading costs on the majority of markets. For Stock traders, the broker provides a wide range of useful research tools.
IQ Option's trading platform is both unique and user-friendly, and it can be used on PC, Mac, Web, Android, and iOS platforms. Some skilled traders may find the platform's order capability a little limiting, yet it offers a broad range of unique trading capabilities. Compared to other mobile trading apps, the broker's mobile trading platform has a wide range of advanced trading tools.
Learn more about online trading brokers for UAE citizens and residents.
Sites like IQ Option in the UAE
Here is a list of top online brokers to open an account for trading Forex, Bitcoin, CFDs and Stocks in the UAE. These brokers have above-average reviews on sites like Reddit, Quora and Trustpilot; and are totally legit, safe and trustworthy for UAE citizens and residents.
The brokers listed on this webpage accept clients from within the United Arab Emirates. Most of these companies provide an online trading platform for fiat currencies (such as Pound Sterling, the Euro, the US dollar, Japanese Yen etc.), buying and selling of cryptocurrencies (for example Bitcoin, Ethereum, Tether, XRP etc.), stocks (this includes listings on Abu Dhabi Securities Exchange, Borse Dubai, Dubai Mercantile Exchange, Dubai Financial Market and NASDAQ Dubai), CFDs (Apple, Microsoft, Amazon, Google, Tesla etc.), UAE government and corporate bonds, and short-term to long-term fixed income securities.
- Olymp Trade - People simply love this one (Olymp Trade Review)
- Binance - World's largest cryptocurrency e-wallet and exchange that also has an online trading platform, where their members can invest or trade in virtually hundreds of cryptocurrencies and new tokens. (Binance Review)
- IG Markets UAE - UK broker located at Tower 2, Level 27, Al Fattan Currency House, DIFC. (IG Markets UAE Review)
- City Index Middle East - London-city broker with a branch in the UAE. (City Index Middle East Review)
- eToro - Social trading platform, but much better options are available out there. (eToro Review)
- Swissquote - It's a Swiss bank that offers an online trading platform for forex and CFD trading. (Swissquote Review)
- easyMarkets - Israeli brand that is big all over. (easyMarkets Review)
- OANDA - American broker that is now spreading its wings. (OANDA Review)
- Forex.com - Google ranks them in the top 10 for the term "forex". (Forex.com Review)
- Plus500 - UK brand that has its own platform, OK for CFDs, with mediocre reviews. (Plus500 Review)
- AvaTrade - Regulated by ADGM's Financial Services Regulatory Authority (FSRA) in Abu Dhabi. (AvaTrade Review)
- FXCM.com - Oldest brand when it comes to retail online forex trading. (FXCM.com Review)
- Mashreq Neo - An online trading platform provided by Mashreq Bank. (Mashreq Neo Review)
- ForexTime (FXTM) - Owned by Andrey Dashin from the Alpari broker fame. (ForexTime FXTM Review)
- Noor Capital - Licensed and Regulated by the UAE Central Bank and SCA. (Noor Capital Review)
- XM.com - XM broker is big in Africa and South East Asia, and now promoting themselves hard in the UAE. (XM.com Review)
- Saxo Bank - Danish Investment Bank with a long history of catering for premium forex investors. It also provides crypto trading facility. (Saxo Bank Review)
- Pepperstone - Originally Australian, but licensed locally by Dubai Financial Services Authority. (Pepperstone Review)
- ADSS - Based out of Abu Dhabi and regulated by the Central Bank of the United Arab Emirates. (ADSS Review)
- CMC Markets - UK-based broker that is popular among CFD traders. (CMC Markets Review)
- Orient Finance - Local online-trading broker that caters to novice traders looking to invest in the foreign exchange markets. (Orient Finance Review)
- Alfa Financial - Their office is located at City Centre Deira on Port Saeed Road; and generally tends to attract investors within Dubai. (Alfa Financial Review)
- One Financial Markets - Local forex broker with an office at Dubai International Financial Centre at Index Tower. (One Financial Markets Review)
- Amana Capital - A broker located at Central Park Towers, Dubai International Financial Center. (Amana Capital Review)
- ETX Capital - UK broker that has a decent reputation among Arab investors. (ETX Capital Review)
- Century Financial - Old online-trading broker with an office at Level 6, Building 4, Emaar Square, Downtown Dubai. (Century Financial Review)
- IFCM UAE - Nothing special about IFC Markets, but it does have a dedicated .AE website for UAE clients. (IFCM UAE Review)
- EARNEX - This one is present at Jumeirah Lakes Towers and is licensed by the SCA. (EARNEX Review)
- Interactive Brokers - American online-trading broker that is expanding into Asian and Arab markets nowadays. (Interactive Brokers Review)
- Rakuten Securities - Japanese broker that usually looks out for large institutional investors. (Rakuten Securities Review)
- Dukascopy Bank SA - Swiss bank that offers online forex trading on its own proprietary platform. (Dukascopy Bank SA Review)
- Gulfbrokers ae - Dubai Multi Commodities Centre (DMCC) regulates this broker, but there nothing extraordinary about this brand. (Gulfbrokers AE Review)
Reviewed by Arpita Singh
Arpita Singh is the main writer at ForexBroker.ae. As a senior investment professional with 10+ years of experience working at top-tier Private Equity and Sovereign Wealth Fund; she is also responsible for fact-checking concepts, reviews, and related details about brokers and exchanges listed on this website. Full Bio.