Learn the answers to the two most important questions about IQ Option: in this mini IQ Option FAQ.
The questions are: Can you trust them, and can you make money with them?
General risk warning
When it comes to FAQs, most sites waste their time with smaller issues such as IQ Option deposit and withdrawal procedures or similarly unimportant technicalities. We want to answer you the two questions that truly matter: Can you trust IQ Option, and can you make money with IQ Option.
Finding a trustworthy binary options broker is not easy. Especially new traders find it difficult to even think of criteria for what defines a trustworthy binary options broker. To help you make an informed decision, we have defined trustworthiness for you: It is the combination of a secure trading platform, secure banking, and an overall honest service with accurate data and not hidden fees.
IQ Option scores high on all of these aspects:
1) IQ Option offers first-class security measures. With the SSL protocol as an encoding mechanism, IQ Option uses the safest encoding protocol the web has to offer, thereby eliminating the chance that someone intercepts your data. IQ Option’s trading platform is as safe as they get.
2) IQ Option employs a verification process for every new withdrawal method. Before someone cn withdraw money to an account you have not used before, they have to send in pictures of your ID, proof of residence, and credit card. Since only you can provide all these documents, this process guarantees that nobody can steal money from your account.
3) IQ Option always uses accurate, up to date market data. There are no hidden fees, and payouts are always paid as promised. With IQ Option, you can generally be sure that you get what you signed up for.
Once you have found a broker that you can trust, you need to know that you can make money with this broker. With IQ Option, this is definitely possible. Offering average payouts of around 80 percent, IQ Option is in the top region of all binary options brokers.
To make money with such high payouts, you need to win around 55 percent of your trades. Since binary options offer only two possibilities you can invest in – rising or falling prices – you have a 50 percent chance to win a trade you bet randomly. With a little knowledge of technical analysis and a some experience, adding another 5 percent to reach the money zone should be possible for anybody who takes binary options seriously.