Is IQ Option a Reliable Broker? Discover Here!

IQ Option is an investment broker widely used by traders, and like any broker it is dangerous for those who do not know how to use this tool.

it’s trustable?

IQ Option is one of the most popular brokers in the world and has established itself in the market as an easy choice for solutions and investments. With more than 60 million users, the company operates in various applications and is considered one of the most modern alternatives to enter the financial sector of the market.

But is it worth the investment?

Among the company’s professionals, IQ has a minimum deposit of just R$10, the interface is practical and simple, and the brokerage allows you to invest through bank certificates and free accounts. One of the biggest advantages is the Portuguese-language interface, which, in addition to being regulated by large companies such as the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA), helps to understand and facilitate the handling of an application.

A big highlight of IQ is binary options, a method that is regulated in countries like the US and the Netherlands. Although it still does not work in Brazil, this approach is controversial because it can be seen as a “game of chance”, as investors have two options and can lose everything.

In addition, the company also has high complaints against Reclame Aqui, which is considered poorly accepted, with a score of 5.5 and more than 2,600 complaints. According to a study carried out by Professor Fundação Getúlio Vargas, around 99% of day traders (who promise to make easy profits without leaving home) lose money in their operations.

Thus, unless you know a lot about the subject, this platform is not recommended due to the high chance of losing money.

However, we suggest that you download the app and start being able to test operations where it gives you 10,000 thousand demos as a beginner so that you can carry out operations and learn, which is very good for those who are starting

We’ve already talked about brokerages here on the site and we suggest that you take a look at Xp Investimento and Rico, which are two brokerages that have very good support for you to start carrying out your operations.