IQ Option Islamic Review – Binary Options Broker Review
IQ OPTION is one of the best binary options brokers in the industry. It has gained the trust of thousands of traders with excellence in trading services, and customer service. You can avail a wide range of payment methods for trading with IQ Option. You can speak to your account manager about an Islamic Trading Account. They will certainly guide you about this. IQ Option offers a relatively high payout to traders and an even higher payout to VIP traders. The traders get a payout of up to 95%* for successful trades, which is an excellent offer from such a reputed and established broker.
IQ Option is one of the most popular brokers with the highest payout in the market. It has several funding methods for fast deposit and withdrawal of funds. The traders following the Islamic faith can open the IQ Option Islamic account and trade while complying with the Islamic beliefs.
*in case of correct prediction
Does IQ Option provide Islamic Trading Account?
IQ Option offers such special accounts to clients from countries in the Middle East such as the United Arab Emirates, Saudi Arabia, Kuwait, and Qatar. If you are looking for an Islamic Account with IQ Option, you can discuss the same with your account manager right away.
- Maximum Profit up to 95% (in case of correct prediction)
- Minimum trade: $1
- Minimum deposit: $10
- Assets: 300+ Crypto, Stocks, Commodities, and Currency Pairs
- Platform: Web, Android, iOS, and Windows
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
IQ Option Features
IQ Option is a global financial broker offering its award-winning trading features to traders. You need not deposit any funds to try these features. A free demo trading account can help you try all the features of IQ Option and its trading platform.
- Trading Platform: One of the most advanced platform
- Minimum Deposit: $10
- Minimum Trade: Amount of $1
- Payout: up to 95% (in case of correct prediction)
- Free Demo Account: Yes
- Registered address: Hinds Building, Kingstown, St. Vincent, and the Grenadines
- Deposit Methods: Credit Card, Wire Transfer, Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller, Boleto
- Withdrawal Methods: Credit Card, Wire Transfer, Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller, Boleto
- Number of Assets: More than 300 Assets
- Types of Assets: Stocks, Commodities, Indices, and Forex
- Islamic Traders: Accepted
- Mobile Trading: Yes
- Contact: Call back, Email, and Telephonic
- Languages: English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Arabic, Indonesian
IQ Options Demo Account
Demo account available for Android, iOS, and PC. But you should trade some of your own in the free demo environment of IQ Options and keep an eye on the entire trading platform. This is a great place to start, and you can constantly replenish the virtual cash anytime you want.
Is the IQ Option legitimate?
IQ Option has two entities, one for its operation in the European countries, the other for Non- European countries. So we will discuss IQOPTION LLC dealing with non-European countries.
IQ Option operates outside Europe as “IQOPTION LLC” and company No. 905 LLC 2021 and is registered at: Hinds Building, Kingstown, St. Vincent, and the Grenadines. So, all in all, it is a legitimate and trustworthy broker, which is a huge plus. However, IQ Option does not accept traders from the United States, Canada, Australia, Israel, Syria, Sudan, Japan, North Korea, Belgium, Palestine, Iran, and a few other countries. You can always find the list of restricted countries on the IQ Option Website. If you are interested in IQ Option Islamic trading accounts you must contact your account manager, they will customize and configure your swap-free trading account.
IQ option payout
IQ Option payout is one the highest in the industry, in the case of correct predictions (successful trades), the maximum return is up to 95%. The payout is up to 95% maximum on weekends too, for successful trades. So if you want to trade on the weekends, you will get up to 95% return for successful trades. The assets available for trading on weekends are limited, and the weekend market is also called the OTC market. New fixed-time trades offer higher payouts which can go up to 900%.
Also, A unique part is the IQ Option tournaments, where you can participate with very little or no investments. And the tournament winners can get very attractive prizes if they secure the top positions.
IQ Options Software
Okay, so my rating for the software platform, I’ll give them 10 out of 10. I think this is the best I’ve seen in a long, long time. There are many great things about the whole interface, usability, layout. It has some great features that will be discussed in more detail in this review.
Customer service, I gave 4 out of 5. When I first asked about joining a broker, they answered me directly. On average, Traders should expect the support team to respond to their request within one minute, which is excellent customer service.
IQ Option Islamic Review – IQ Option Deposit
Traders can choose from several deposit methods, including e-wallets, such as debit/credit cards and Skrill. In addition, due to customer demand, IQ Option has recently introduced ADV Cash and AstroPay cards as accepted payment methods. This makes it easier for the new traders to join the platform.
Expiration time 1 minute to 1 month
How long do you want to hold your trading position? 1 minute? One month? Well, IQ Option offers several trade expiration periods, depending mainly on the assets you trade.
For example,The Binary Options positions can be held for 1 minute or 5 minutes. Another great feature is that you can set the trade entry to happen in the future, for example, within the next 3 minutes.
A little more about the company
The company was founded in 2013 and has gained the trust of thousands of traders all over the world. Presently, IQ Option is registered as IQ Option LLC, Registration No. 905 LLC 2021, Address: Hinds Building, Kingstown, St. Vincent and the Grenadines.
IQ Option offers services to most countries in Asia, Latin America, Africa, and the Middle East.
They have international support, and it is available 24/7 in different languages. In addition, the support team can be contacted through various means, including phone, email, chat, and skype.
IQ Option Deposit
Okay, so let’s go a little further about IQ options in their account options. The minimum deposit is $ 10. So if traders want to give them a try, it’s pretty good.
I chose the amount of that small deposit to test whether the deposit would be effective. And then you can even raise your money before investing more.
The minimal investment amount is $ 1 per trade. And a maximal of $ 20,000.
Deposit starts from a minimum of $ 10 and there is no maximum deposit limit. And also, your deposit options are Bank Card, MasterCard or Visa, E-Wallet Solution, ADV Cash, AstroPay, and Skrill.
It takes a short time to process the deposit and get it reflected in your trading account. In most cases, it will be instantaneous.
Withdrawal of IQ option
IQ Option introduced instant withdrawal in 2016. The net result is that traders withdrawal request is processed faster, and you get your cash faster. Withdrawals can only be made to the account you used to deposit.
Proof of identity will be required for successful and quick withdrawal. So make sure you have a fully verified account before requesting a withdrawal.
The online broker has recently introduced a revolutionary instrument called fixed time trades. These make trading and profiting from binary options trading faster.
Trading with fixed-time trades has several advantages, the main one being that you can make up to 900% returns on successful trades. Of course, the potential percentage profit depends on your chosen strike price.
Of course, you cannot lose more than you’ve invested. What’s more, you can exit a trade early to minimize losses or lock in profits. Trades expiry times are set at 1minute and 5 minutes. These are especially suited for traders in nonregulated countries where FX options aren’t available.
This platform offers several commodities that include gold, oil and silver. Try these out if you prefer remaining in position for more extended periods.
These track indices, assets, and commodities and trade similarly to shares. Their main advantage is that they approves you to diversify your portfolio, and you can buy as little as a single share.
This online broker gives you access to over 165 different stock CFDs from the world’s leading companies.
You can trade the world’s most popular currency pairs on this platform and enjoy the leverage of up to X1000 if you’re trading from a non-European country.
These are some of the hottest assets to trade in today. IQ Option gives traders access to 11 of the most popular cryptocurrencies. What’s more, the broker offers unique leveraged cryptocurrencies.
Suppose, Bitcoin x 100 allows you to trade BTC with leverage of X100. Naturally, this increases your profit (or loss) potential.
It’s worth noting that leveraged cryptocurrencies are only available to traders outside the EEA.
IQ Option also accepts traders to invest in 11 of the world’s most extensive indexes. You’re also offered leverages of up to X150 when trading indices on this platform.
Contact and Support
IQ Option excels in providing world-class customer support. Their support team can be reached in various ways, including Skype, phone, email, and chat. They’re also quite quick to respond to customer queries.
There’s also a chat feature provided within your account interface. This accepts you to chat with expert traders. This can easly come in handy when you have a question that a more experienced trader can answer.
Is IQ Option a legitimate company?
Yes, IQ Option is a legitimate company with the following registration details,
Registration No. 905 LLC 2021, Address: Hinds Building, Kingstown, St. Vincent and the Grenadines.
Where is IQ Option based?
IQ Option LLC has Registration No. 905 LLC 2021, and Address: Hinds Building, Kingstown, St. Vincent, and the Grenadines.
What is the maximal trade size by IQ option?
The maxim investment you can make on one trade for both demo and real money accounts will be $20.000.
How secure is IQ Option?
Apart from abiding by all regulative requirements, The IQ Option likewise takes strong steps to secure the safety of their client’s financial and personal details. For example, all web traffic between the trader’s computer system and IQ Option’s servers is encrypted utilizing SSL technology to avoid unauthorized access to your account.
Does IQ Option usage MetaTrader?
No. the IQ option has its own designed platform and is not connected to The Meta Trader platform.
The best ways to deposit in an IQ Option account?
I have an excellent experience with “Skrill Wallet” because the IQ option does not charge you any extra fees for deposit and withdrawal. And also, signing up and transferring money goes fast and completely painless.
Does the IQ option have a good reputation in the market?
Yes. The online broker has built up a good reputation and has been trusted by traders over the years. IQ Option has bagged several prestigious prizes. In 2015, the traders withdrew an average of $1.5 million per month. It jumped to over $10.8 million per month in 2017. Also, they have been the official partner of Aston Martin Racing from 2017 to 2018. These all achievements clearly show that IQ Option is one of the leading online trading platforms.
Ways to open a trading account with IQ Option?
Open a trading account is Free of charge and easy to do by Email, Facebook, or Google Account. After the signup, you can use the $10,000 free Demo money for trading in demo mode. To switch over to a real trading account, you need to make a minimum deposit of USD 10.
After switching to a real trading account, it is recommended to verify your identity because you need this to make the withdrawal possible.
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.