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 We would like to show you a description here but the site won’t allow us. 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. 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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