IQ Option uses a genius, trader- friendly account system that combines simplicity with high rewards and low requirements.
With most other brokers, the account system is nothing but a way to trick you into depositing large amounts of money that you can’t afford with a broker. Therefore, these brokers withhold the best bonuses and features for their top-level accounts, which often require deposits of $25,000, $50,000, or more.
With IQ Option, however, things are different. IQ Option offers only two trading accounts, and the toplevel account requires only a $1,000 deposit. While this is a much lower entry requirement than with most other brokers, you get the same high rewards as you would get for depositing $25,000 somewhere else.
With this offer, IQ Option has given even new traders or traders with little money the possibility to trade with a highly profitable, high potential account – an opportunity that should not be exclusive to traders with a lot of money.
To understand how great IQ Option’s account system is, let us take a look at the details.
IQ Option’s entry level account, the real account, starts with a minimum deposit of only $10. This is the lowest minimum deposit you can find in all of binary options by far. Every other brokers requires you to deposit at least $100, most brokers require $200, $300, or even $500. The low minimum deposit makes entering the binary options market easier than with any other broker.
While IQ Option’s real account is easy to get, it nonetheless offers higher rewards than entry level accounts or even medium level accounts of other brokers. The real account’s 80 percent deposit bonus easily matches the deposit bonus of accounts with a minimum deposit of $10,000 by other brokers.
The VIP account, which starts at a minimum deposit of $1,000, increases the deposit bonus to 100 percent. In addition, the VIP account also provides a personal manager for you and a monthly analysis of your trading success with one of IQ Option’s expert. All of these features easily match what other brokers offer in their high end accounts for a minimum deposit of $25,000 or more, but require only a fraction of the investment.
In conclusion, IQ Option’s account system is ideal for new traders and traders with little money. To get a boost at the start of your trading career, we highly encourage you to give IQ Option a try.