Last updated: May 7th, 2020 We have performed a thorough review of IQ Option, without the broker knowing.. Is IQ Option a scam OR one of the best trading platforms in the world ?. Read further! IQ Option brand has been founded in 2013. IQ Options Europe LTd. is a Cyprus based financial company that has started its career as a super successful binary options trading platform. IQ Option offer forex trading on a small number of currencies. Spreads are on the high side and the brand do not excel in this area: XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader. GBPUSD Spread; 5 pips: 2.1 pips (var) EURUSD Spread; 14 pips IQ Option offers a clear distinctive web trader (and a downloaded version of this), allowing the trader to trade a range of CFD markets. IQ Option can offer more markets to trade and a wider range (300+ vs 150+), but Pepperstone has a competitive range and number of markets for an ECN broker. IQ Option returns of investments ranging from 75% to 100%. Here the account type and volatility also counted. All in all, you can earn more money with IQ Option because of the higher yield. Another important difference is that you can earn a 100% yield without a VIP account on IQ Option. For earning 92% you will need the Olymp Trade VIP account. January 2020: An FPA member has shared an email he received from IQ Option support. That email makes it plain that IQ Option considers the use of a VPS, VPN, or even trading from an IP in a different country to be grounds for confiscating funds from an account.
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