IQ Option is considered to be a platform that takes great effort in investing in technology development. If we talk about the Binary Options, there is almost no platform other than IQ Option provides all types of transactions. You can trade Binary Option on the website, mobile app (Android/iOS) and especially Desktop (Windows/Mac/Ubuntu).
Not long ago, IQ Option released a new type of transaction. It’s the Digital Option, which allows players to get up to 800% profit with only one order. Other transactional products such as stocks and e-money are also available on IQ Option. And the most recent, IQ Option has even used the Forex, the most fertile land of Traders.
The initial test showed that compared to the official Forex platform on MT4, the order has almost no difference. You can put a stop loss, take profit or exit apart. There are some advantages such as the number of order (you do not need to calculate the loss but put in directly the amount you want to risk), stop-loss and take-profit are calculated in % or specific amount without entering the exchange rate of the currency pair.
At this time, IQ allows forex trading with the majority of the main currency pairs, EUR USD spreads range from 0.4-0.6 pips. Of course, there are a lot of limitations, such as not being able to add external indicators, no Expert Advisor, no backtest … Maybe IQ Option will develop more in the near future.
Thus, the IQ Option is the only trading platform that allows Binary Options, E-Currency, Forex and Stock on the same platform. It’s so cool. It seems that IQ Option will have to be changed the name to a more popular (like the previously GrabTaxi has changed to Grab).