Is IQ Option Safe : IQ Option is a leading online broker offering Binary Options, Stocks, Forex and of course Cryptocurrencies.
Over the years this broker has been operational, it has won multiple awards praising it’s quality of service and reliability for customers. IQ Option is recognized as one of the best brokers in the industry by many millions of traders worldwide.
IQ Option is regulated by the CySec and is registered in Cyprus under the company name “IQ Option Europe LTD”. This means that they are able to service clients within the EEA.
For traders that reside outside of the European Economic Area, their trading accounts are managed by a sister company known as “IQOPTION LTD”. This company is registered in St. Vincent and Grenadines, and this entity is not regulated.
Is IQ Option Safe ?
As of 2018, this broker has over 41 million registered users from over 150 countries worldwide, we can say that IQ Option is safe.
Deposit errors are rare, and the support desk can usually help if users encounter issues. It is safe to deposit with IQ Option.
Withdrawals can be made using the same list of methods. Verification is often required before a withdrawal method can be used, and withdrawal proof remains in the user area for the lifetime of the account for auditing etc.
As indicated on their website, IQ Option Europe Ltd is operated by Infofield Premier Ltd (Registration No: HE324593) and Investlab Holdings Ltd (Registration No: HE327751). Since Investlab Holdings Ltd is regulated by CYSEC (License Number: 247/14), this means traders trading on the platform are also protected under the provisions of the MiFID.
Is IQ Option Safe
In addition to practices such as maintaining segregated accounts for client funds, IQ Option offers security in several other ways. Unsurprisingly, the broker has full SSL encryption. As such, all communication that traders send to the broker’s servers is encrypted in a way that meets AES 256 Bit encryption standards. That encryption limits the ability of hackers to access information, letting IQ Option supply added protection of both client funds and information