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IQ Option Scam: Is IQ Option a Scam or Safe?



Before we get into whether IQ Option is legit or a scam, we must review how to determine the answer to that question. TU's experts recommend validating a broker's legitimacy in 4 stages. Here are the four steps you must follow to identify a broker's scam:To get more news about iq option review, you can visit wikifx.com official website.

Check the Broker’s License & Regulation
The first thing you should do to identify whether an online broker is a scam is to check their licensing. Licensed brokers are required to comply with laws and guidelines put in place by organizations like FINRA and the SEC.
If they are licensed, it means that they are supervised by regulators and are much less likely to be operating as a scam.

Read Client Reviews
Next, you should read reviews that clients have published about the broker. Learning from the experiences of investors that use the platform can allow you to better assess its legitimacy.

Make sure that you check reviews on reputable sites, though, like the ones listed on our website.

Consider the Broker’s Transparency
Another way that you can identify a broker’s scam is by considering how transparent they are. Do they have clear terms and conditions available to their customers? Is the pricing transparent, and do they share information about their licensing, processes, and data security measures?

Online trading platforms that do not have a clear background or do not provide any transparency could potentially be a scam. Make sure you do not fall into one of these schemes and only work with brokers that share important information about the safety of your account and funds.

Learn From the Experts
The last step in the process to determine whether a broker is legit is to consult with experts. The professionals at TU have conducted extensive analyses on many platforms and brokers, so you can be armed with the information you need to make the right decision.

We take into consideration all the factors we just described – and more – so that you do not have to do as much research on your own.IQ Option was founded in 2013, with its headquarters located in Saint Vincent and the Grenadines.

Over the years the company has made a name as a reputable and transparent company with over 100 million registered users, while the number keeps on growing.
What also makes IQ trustworthy is good and fast-responding customer support. It is easy to communicate with, and any problem can be addressed in various languages. The support team is always quick at responding as they care about their customers.

We also like this company because of its transparent pricing, deposits and fees. The company clearly states where all the costs are coming from, so you will not be surprised by any hidden fees.
Step 2: Top 5 Reviews on IQ Option
The reviews about IQ Option are generally neutral or positive. Many of the investors on the trading platform are pleased with the functional and technical analysis tools provided, as well as the wide variety of options available for trading.