IQ Option Brunei Review
IQ OPTION BRUNEI – BROKERS REVIEW
IQ Option is one of the leading Binary Options, Forex, and CFD brokers and it has become the No# 1 in 28 countries. This financial trading platform started offering its services to traders in 2013 and has outranked other brokers in the binary options industry ever since. They offer Options, Forex, and CFD trading on a variety of assets on an innovative trading platform. The trading platform of IQ Option Brunei allows investors to trade in the financial market by trading Binary and Digital Options, and also Forex, and CFD trading.
Digital Options trading, Fixed Time Trading, and Online Forex trading are the new financial trading available to today’s traders. IQ Option Brunei provides Digital Options or Binary Options trading on its online trading platform along with Forex and CFD trading on the same platform. The traders get access to one of the most advanced yet easy to use online trading platform with IQ Option. Its platform has bagged multiple awards for its unique advanced features.
IQ Option has added Forex and CFD trading on hundreds of assets, including Forex Pairs, Stocks, Commodities, and Cryptocurrencies on its platform. The payout for Digital Options and Binary Options are the highest (up to 92%) with IQ Option. Forex and CFD trading involves flexible leverage and the most competitive fees. The traders can start with as low as $10 deposit by signing up for a Standard Account. The account gets VIP status with a deposit of a significant amount. The VIP Accounts enjoy more privileges like higher profit, faster withdrawal processing, and access to premium trading resources.
The traders in Brunei can sign up for a Risk-Free Demo account and try its functionalities without risking any money. Check out the Binary Options Brokers list in Brunei and Sign up for a Free Demo Account.
Is IQ Option a Reliable Trading Platform?
The control and security of traders’ funds are important in online trading. There are several scams all over the world involving online trading. Hence, it is important to do some research before you select an online trading platform.
IQ Option is one of the most trusted and legitimate online trading platforms offering online trading on binary options and CFD trading. It is registered in Antigua and Barbuda, Registration No. ILLC 004. Address: The Colony House, 41 Nevis Street, Saint John’s, Antigua and Barbuda. IQ Option uses reputed banks for storing customer funds.
How to Trade with IQ Option in Brunei?
Here in this example, we will cover the basics of using the IQ Option platform. Using the trading platform is quite easy and simple. Here’s a step by step guide on how to trade on IQ Option platform.
- Select your preferred trading instrument (e.g., Binary Options, Digital Options, Stocks, or Forex)
- Choose the Forex pair or asset to trade. Examples are GBP/USD, EUR/USD, USD/JPY, Gold, Silver, and more.
- Now, set the expiry time – in Digital and Binary Options trading you can set it between 60 seconds up to the end of the day.
- Select a multiplier – It is necessary to select the multiplier while trading Forex or Stocks. The higher the value of the multiplier, the higher is the risk or reward.
- Input the trading amount – how much amount you like to invest.
- Place your trade – While trading Digital or Binary Options; it’s either higher or lower.
- While trading Forex, Stocks, and Commodities trading, it is Buy or Sell.
WHAT IS AVAILABLE ON THE IQ OPTION PLATFORM FOR BRUNEI TRADERS?
IQ Option trading platform offers Digital Options, Binary Options, Forex, and CFD trading on hundreds of assets to Brunei Forex and Binary Options traders. The traders can choose from the most favorable assets for trading.
- Binary Options – In Binary Options trading, the traders need to predict whether the price of an underlying asset would go higher or lower within a specific time frame to make a profit.
- Digital Options – IQ Option digital Options are similar to Binary Options and offer even higher profitability of up to 900%.
- Forex – It is the most commonly traded instrument on IQ Option trading platform. Over 180 Currency pairs – Major, Minor, and Exotic are available for trading with flexible leverages.
- Stocks CFD – IQ Option has over 190 stocks of reputed companies, like Facebook, Amazon, Google, Tesla, and much more available for CFD trading.
- Commodities -The traders can trade popular commodities like Gold, Silver, and Crude Oil on IQ Option platform.
- Indices CFD and ETF – The Global Indices like NASDAQ, DAX, CAC, and FTSE100, along with other ETFs (Exchange Traded Funds), are available on the IQ Option trading platform. There are presently 24 ETFs available, with leverages up to 1:20 for trading.
- Cryptocurrency – Cryptocurrencies CFDs trading available with lower spreads and commissions. There are Digital and Binary Options trading available on Cryptocurrencies too. A total of 27 Cryptocurrencies are available for trading with leverage of up to 1:100.
Hence, while trading with IQ Option, you never miss a trading opportunity, whether it is Binary Options, Stock, Forex, Index, or Cryptocurrency trading.
Invest in Cryptocurrencies with IQ Option
There are many traders who are interested in trading cryptocurrencies with IQ options. In fact, you can trade in more than 20 different crypto markets (pictured below). For investing, leverage is available and you can hold the trade for as long as you want. Bitcoin’s maximum leverage is up to 1: 100. In our opinion, this is a very high leverage.
CFDs are used to transact cryptocurrencies. For trading, traders only pay the spread fee if you open or close and position. You can see the spreads in the software are transparent. For high-leverage products, the spread will be lower. Another advantage is that you can easily shrink any crypto market. So it is possible to open the position on both sides.
IS IQ OPTION LEGAL IN BRUNEI?
Yes, Online trading with IQ Option is legal in Brunei. It is a legitimate online trading platform. It is a registered company with Registration No. ILLC 004, Address: The Colony House, 41 Nevis Street, Saint John’s, Antigua and Barbuda. However, there are no restrictions on trading Binary and Digital Options in Brunei on the IQ Option platform.
PaymenT Methods Available in Brunei
IQ Option Deposit Options
The minimum amount for opening a real account with IQ Option is 10 USD/EUR/GBP. The traders in Brunei can select their preferred payment methods from the available options. The preferred IQ Option funding methods in Brunei are –
- Credit/ Debit Cards (Visa, MasterCard, Maestro)
- E-Wallets ( Skrill, Neteller, Perfect Money, Advcash, and Cashu)
- There are certain country-specific deposit methods like – local bank deposit and wire transfer also available.
After funding the account, the traders should first go through an account verification procedure. To verify an account, the traders must provide a copy of their identity and address proof documents. The required documents may vary depending on the trader’s country. A copy of the traders’ Passport and Utility bill is usually enough for account verification. However, in some cases, IQ Option may ask for a copy of the Bank statement or Credit card statement for additional validation to avoid fraud.
IQ Option Withdrawal Options
The account must be fully verified to be eligible for fund withdrawal. Hence the traders should verify their account by uploading a valid proof of identity for fund withdrawal processing.
The initial fund withdrawal takes place through the same channel used for depositing. If the trader deposited using the credit/debit card method, he must withdraw the initial deposit amount using the credit/debit card only. This withdrawal shows up as a transaction reversal or refund in your statement. Later, the traders can withdraw the profits using any of the withdrawal methods available on the fund withdrawal page.
IQ Option ACCOUNT TYPES: OPEN YOUR FREE ACCOUNT – IQ Option Anmeldelse
IQ Option give 3 different types of accounts for traders. You can choose between demo account, real account and VIP account (for no-EEA countries only). On the platform, you can switch between the demo account and the original account with 2 clicks.
You will get free original account and demo account. The minimum deposit for the original account is $ 10. In our opinion, it is a very small amount and allows any trader to participate in the financial market. To get VIP account status, you need to be an active trader with a significant trading volume. But for that, you will get better conditions for better education for binary options trading, VIP support and trading.
IQ Option Mobile Trading App
As a trader, we also tested the app for mobile trading. Traders will get a very good experience with it because it runs smoothly and without disconnection Like computers or web-based platforms, you will have access to all market and financial products. Mobile trading is very important these days because the markets are open 24/7 and you can test them with your mobile phone.
Users can use the same tools as their computer for chart analysis and trading. The trading app is available for Android and Apple (iOS) devices. Just click on the button and download the free mobile app.
Professional Chart Analysis and Tools for Traders
If you want to trade successfully in the market, you need to do some kind of analysis. Most traders are divided into technical analysis and fundamental analysis. From our experience, we can say that the combination of these two analyzes can give you a more detailed picture of the market.
IQ Option trading software comes with many different tools and indicators for your analysis. They are easy to implement in your chart. Also, traders can customize them to their liking and change the deadline or other settings. Only with indicators is it possible to create a trading strategy that can bring you the desired results. But you should try it on demo account first.
In addition, IQ Option constantly tries to add new tools and indicators to the platform. These are completely free to use and you can save different settings as a template to duplicate them in different charts. In conclusion, IQ Option trading platform is one of the best for daily trading or long term investment. You get lots of professional tools for your trading ideas and they are easy to use.
Chart Analysis Facts
- Free indicators
- Easy to use
- Use widgets and tools like the trading direction of other traders
- Customizable as you want
- Develop own strategies with the tools
Accepted Countries
IQ Option Broker is an international online trading platform and accepts traders from all over the world. The availability of trading features and trading assets may vary depending on your country of residence. IQ Option regularly updates the list of accepted countries on its website and you can check if you qualify for registering on its platform anytime.
These countries are not accepted: Australia, Belgium, the Czech Republic, Canada, Iran, Israel, Japan, North Korea, Palestine, Russia, Syria, Switzerland, the UK, and the USA.
What Makes IQ Option Brunei an Outstanding Broker?
In addition to trusted customer services and advanced trading platforms, IQ Option also provides weekend trading on selected assets. IQ Option has Cryptocurrency trading on 27 Cryptocurrencies, including Bitcoin trading. The Cryptocurrencies have shown unusual price movement in the past few months. The traders can utilize the volatility of Crypto Coins and trade on Bitcoin price movements with IQ Option in any direction. Short selling of Bitcoin is available on IQ Option platform. The Negative Balance Protection feature protects you from a negative balance in case of an adverse price swing. You will never lose more than your invested amount while trading with IQ Option.
IQ Option has got one of the best in the industry trading platform with advanced Indicators, Traders’ sentiments, and different chart types with different time frames. One of the best standard customer service, multiple payment methods, and same-day fund withdrawal for VIP clients are a few sought-after features of IQ Option.
IQ Option Review Brunei | Conclusion
IQ Option is one of the most reliable and advanced online trading platforms. It is offering multiple trading instruments on one single trading platform. It accepts traders from Brunei. The Binary and Digital Options traders in Brunei can trust IQ Option for transparent and safe trading experience in the financial markets.