With the growing popularity of binary options, more and more traders around the world enter the trading scene. Of course, they want to avoid being scammed. Find out if there is an IQ Option scam in this binary article.
General risk warning
The financial services provided by this website carry a high level of risk and can result in the loss of all of your funds. You should never invest money that you cannot afford to lose.
Is IQ Option a scam? In our scam inspection, we will analyze every aspect of the broker and tell you whether you can trust IQ Option.
In detail, we will take a look at these aspects of IQ Option’s service:
- Trustworthiness: Can you trust IQ Option?
- Security: Are your funds kept segregated with IQ Option?
- Earnings: Can you benefit fromIQ Option?
Once we have tested all of these aspects of the IQ Option service, you will be able to make an informed decision on whether or not you can trust IQ Option.
IQ Option scam: Can you trust IQ Option?
The first concern of interested traders to the binary options scene is the same concern as with anybody who is signing up with an online financial service: can I trust the service? Are they offering an honest business or are they trying to scam me out of my money? As far as we see it, IQ Option has answered these concerns convincingly.
Most significantly, IQ Option always keeps their client’s funds on segregated accounts. This comes as an important segment of trading binary options where traders can find a valuable information when they invest their money in binary trading.
Verdict: No scam.
IQ Option Scam: What is Protection of Funds with IQ Option?
When it comes to security, IQ Option has left nothing to chance. In detail, IQ Option provides these security features:
- SSL encryption for all transmissions: The most vulnerable aspect of any online business is the communication between client and the broker. When you send your password, a hacker could intercept the password and steal your money. IQ Option prevents such attempts by encoding all communication with the SSL protocol, the most popular thing the web has to offer.
- Thorough validation process for new withdrawals: IQ Option allows only withdrawals to client that have verified their trading accounts. For every new withdrawal method, the person making the request has to provide pictures of your ID and proof of residence. Since only you have these documents, nobody but you can withdraw money from your account.
- Withdrawals to accounts in your name only: As a final security feature, IQ Option allows withdrawals to accounts in your name only. This leads to a greater level of security in terms of withdrawing money from your account.
Verdict: No scam.
IQ Option Scam: Can You Benefit from IQ Option?
IQ Option payouts can go pretty high in terms of successful trades, up to 91%*. With such high returns, you are in the best position to make money when trading binary options on this platform. Consequently, IQ Option can’t possibly be considered a scam.
Verdict: No scam.
*Amount will be credited to account in case of successful investment
IQ Option has passed every aspect of our test and so far we are convinced of non-existent IQ Option scam activity.
Risk Disclaimer: 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.
Final verdict: No scam.