Egor Perepelyuk Head of VIP department - IQ Option Group
How is IQ Option different from other binary options platforms?
Our platform is
unique. There is not a single existing binary options platform that compares to
it. We have spent the last 4 years painstakingly improving it. I'm sure that
many people are aware of this, but we developed our platform ourselves, so we
are able to continually keep perfecting it.
Technical analysis tools, bots,
buybacks, ratings – too much to list. And I'm not even talking about what we
can expect in the future. Because we never want to stop with our current
achievements, and traders can expect another pleasant surprise very soon.
IQ Option is licensed in Europe. Could you explain what that means? And how does this affect your traders?
Of course. Traders who make transactions under CySEC
regulation can always be confident that the broker will 100% fulfill all of its
obligations. Any regulation implies a complex licensing procedure, but it's
even more difficult to meet the regulator's requirements after getting the
license.
A regulated broker has to deal with continual auditing of all company
processes, account verifications, and call monitoring. We are happy that we
have the opportunity to be legal thanks to the European regulator, since it
confirms our status on the market.
What tools are available on the platform (for beginners, and
for advanced traders)?
Our platform provides numerous tools for technical analysis.
We currently have 12 indicators, 4 types of charts, 18 types of candlesticks,
and 4 types of graphical tools. All of these are built into the platform, and
this is absolutely unique! The price chart goes back three years.
I can go
right now and look up what the price was for the EUR/USD pair on, for example,
April 1 in 2014. What is really important is that all of this works without
creating a high load on the system, so basically it doesn't have slowdowns and
you can even see it on multiple screens at once.
It's hard to talk about
technical analysis tools for beginners. One way or another, you need to have
some experience in order to use these tools properly. Based on my own
observations, I can say that traders with less than a year of experience prefer
Bollinger Bands and RSI.
How can traders maximize their income on the IQ Option platform?
I can't say anything
about income because it's a complicated topic. But one thing I know for sure is
that there are several things that help any trader, regardless of his level of
experience: 1) Perseverance 2) Self control 3) Diligence.
What is the process for withdrawing money? How long does it
take?
We tried to make the withdrawal process as easy and fast as
possible. The withdrawal page is designed to be clear enough for even a child
to understand. Although I should note that this is certainly not a reason for
children to start trading on our platform. :) For clients who passed account
verification, the money is sent immediately when withdrawing to a bank card.
This makes it very simple to get funds.
What do you see in the future for binary options?
To me, the future of binary options seems to be that a large
number of financial institutions will officially recognize the status of binary
options. This will entail the need for new licensing and standards that must be
met. I am positive that this will benefit those companies that want to
establish long-term relationships with their clients, as we do
“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.”
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