BinaryOptions;In a very simple term are based on a simple Yes or No preposition with an order laying asset being above a certain price at a particular time direction.Traders place trade based on either the asset will be higher than the entry point. BinaryOptions offers traders the opportunity to partake and have access to the funds released by the apex bank on daily basis into the financial market,it makes it one of the simplest pathway into the financial market.
As easy as it may be traders should fully understand the concept of binary option,what market and time frame they should trade,the advantage and disadvantages involve and which brokers are legally authorized and registered,as most brokers in Europe are regulated by CYSEC.
BROKER REVIEW
Important Information in a Nutshell
- Broker: IQ Option
- Platform: Own
- Founded: 2011
- Bonus: Up to 100%
- Return: max 92%
- Refund: Up to 45%
- Number of Assets: 77
- Minimum Investment: $1
- Maximum Investment: $1,000
- Regulated: CySEC and FMRRC
- Demo Account: Yes
- Mobile Trading: Yes
- Minimum Deposit: $10
- Withdrawal Time: 3 business days; 1 day for VIP
- Languages: Russian, English, Turkish, Italian, Arabic, Spanish, Portuguese, Indonesian.
- Mobile App: iOS, Android
- Customer Service: 09:00-23:00, weekdays. Email: support@IQoption.com
- Deposit & Withdrawal Methods: Credit card, bank wire transfer, WebMoney, QIWI, Yandex Money, PayPal, LiqPay, Skrill, Moneta,Neteller
- Account Currencies: Dollars, Pounds, Euros, Rubles (local currencies for Indonesia, Turkey, Spain, Portugal, South America and the Middle East)
