IQ option India is currently one of the hottest topics. Before deciding to participate in this platform, people usually search for information online, read non-factual feedback and then think it is untruthful and that IQ Option is a scam and gambling.
Simply, IQ Option is a financial platform that uses binary options to help traders benefit up to 91%when they predict correctly the volatility of the exchange rate. This is such a high percentage that many people suspect and believe that this is a scam. So is IQ Option actually a scam?
Warning: Options trading can carry a high level of financial risk. Please be aware that if you decide to participate.
Is IQ Option India a scam, gambling or financial instrument?
According to the Merriam-Webster dictionary, gambling is defined as “to bet on an uncertain outcome”. However, not all financial transactions fit this definition. It does if you are just looking at the outcome of an individual’s trading transaction. On the other hand, if it’s a trading system that has a positive expectancy, then the outcome may not be so uncertain and you are making a profit.
The investment always goes along with risks and the higher the payouts the riskier the investment is. With IQ Option, you can totally take control of your finances if you master its rules and strategies. But of course, if you don’t, you will take a risk and may lose all the money that you have deposited into IQ Option.
Therefore, it is completely unfounded to assume that the IQ Option is a scam.
Is IQ Option a scam? Some people can not withdraw from the account.
“Why can not I withdraw?” is one of the most frequently asked questions by the financial investors when trading for the first time at IQ Option.
First of all, let’s talk about the cash flow process. Once you submit the request and the system starts processing, the money will be confirmed and sent to your payment system (bank card or e-wallet). After that, it will take 7-9 days to cash back to the card.
Secondly, the most important thing is that you should only withdraw with the same card or e-wallet that you have deposited. Withdrawal to the bank card is always a top priority, then the e-wallets.
Is IQ Option a scam? A few tips for you before participating.
Research carefully before starting any trading platform.
What am I trading? If you notice that the trading platform has any abnormal signals such as:
- Trading signals are not the same as the signals of the world exchange.
- When the market signals are good, you can not make a trading request.
- When ending the request, it is suspended and even if you win, your profit will not be added to your account.
How am I trading? When deciding to invest in any financial transactions, you should have had a clear and reasonable strategy. If not, then you are gambling.
Have a clear strategy and plan before investing.
Develop your trading system, build a strategy by training and learning, asking for an expert advice are the best ways for you to master IQ Option and win this interesting trading platform.
To sum up, it is believed by many financial investors that IQ Option is one of the most reliable trading platforms. At IQ Option, you will have an opportunity to get a high profit with fast, simple transactions without losing commission.
However, sometimes you still have to pay a small fee depending on your bank because it may charge you when you transfer or receive money from abroad to your account.