IQ Option has been at the forefront of binary options trading for years.
In fact, this is one of the most popular binary brokers not just in South Africa but around the globe.
Since 2013 this binary broker has been working hard to deliver the best possible service with a selection of available features, trading tools account types and underlying assets.
However, there is a great trading feature available with this established broker – IQ Option demo account.
Now, many new South African traders might not be aware of the power of the demo account.
After all, it is not actually possible to make money with it and that is the ultimate goal of all traders who venture into binary options trading. If traders shift that line of thought and actually see IQ Option demo account with $1000 of virtual funds an opportunity that could potentially lead to great results.
What IQ Option demo account provides traders, is a risk-free area where traders get to practice and improve their trading skills necessary for the real account. On the IQ Option demo, traders do not have to worry about losing funds or making the wrong trading choice. Here, all the attention is aimed at practising and gathering valuable knowledge which can be used later on to actually accumulate profits.
This useful demo account is completely free of charge and traders can use it as much as they want. In fact, South African traders can actually switch between the demo account and the real account.
Naturally, to use the real account, traders first have to make the actual deposit which will be used in the real trading process.
Is there any Scam Activity with IQ Option?
Fear of scam is, sadly, a reality of financial trading and investment.
With binary options trading being a popular online trading enterprise with more than 500 brokers available, the possibility of scam is something that all prospective traders have to keep in mind when they start looking into binary brokers. Luckily, when it comes to long-present and popular binary brokers like IQ Option scam activity is not worrying factor.
This is an online broker which numerous South African traders select for trading, IQ Option Europe Ltd (located in Limassol, Cyprus) is a regulated broker which constantly works to provide the best possible services to their traders. The latest addition to their assortment includes the possibility to trade Classic Options as well as Binary Options.
Further proof that South Africans needn’t worry about IQ Option scam is not just the fact that this broker provides over 500 underlying assets but also an astounding amount of useful info.
There is detailed FAQ section but also an amazing education section where South Africans can find numerous video tutorials with detailed instruction. Aside from the handy demo account, South Africans can use two types of trading accounts with IQ Option – Real Account and VIP Account with a personal account manager.
Naturally, for a broker who has been successfully present on the market for a long number of years, terms and conditions section is also dealt with properly and traders can inspect it anytime they wish. IQ Option scam feat is further dispelled by the fact they offer 24/7 customer support service which is available via telephone, web form and email at [email protected]
Combined with their modern and effective trading platform, only $10 minimum deposit and $1 minimum investment, it is easy to see why so many flock to become IQ Option registered traders and why there is no proof of IQ Option scam activity.
IQ Option App for Mobile Trading
Most modern brokers strive to provide most of what modern technology has to offer, and enabling mobile trading apps comes as one of the must-have features.
IQ Option app is available to all registered traders and it can be easily used on iOS and Android mobile devices. The reason we are mention mobile app as an important factor which traders need to consider when selecting a broker, is the value of time. Time has always been money, and in today’s’ world this rings true more than ever.
For registered traders, having the possibility to use IQ Option app means that they are free to conduct the trading process no matter where they are (and so long they have a stable connection).
This increases not only their chance to make lucrative profits, but also allows them more freedom so they can monitor the market, make traders abut also do other daily activities without wondering if they are missing favourable market momentum.
IQ Option is simply one of best choices for South Africans looking to trade binary options – innovative and modern, with a long presence on the market.
“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.”