AN INSIDE LOOK INTO THE BINARY OPTIONS WORLD – INTERVIEW IQ OPTION EUROPE LTD

Published : 10 years ago, on 21/03/2015

IQ Option Europe ltd, Binary Options broker holding industry leadership all over the world (by version of IFM Awards 2015) has acquired a great interest.

Reporter: Hello, Dmitrii! Let me congratulate you and your company for numerous awards and recognition in the industry.

Dmitrii Zaretskii: Hello. To me individually and for the whole our company this means that we are on target.

Reporter: IQ Option has already been recognized as the most reliable binary options broker by version of IFM Awards 2015.  What has determined such desirable and constant success of the company?

Dmitrii Zaretskii:  It ensures the credibility of the broker concerning quotes` correctness of assets and currencies. Moreover quotes are used not only at expires but also at the moment of transaction.

The company is certified with PCI DSS Level 4 and uses payment aggregators with payments PCI DSS Level 1 certifications (Ecommpay, Safecharge). This certification verifies data encoding, security of data storage on servers, existence of backup and absence of vulnerability.

Reporter: Your company offers a wide range of different binary options. Which type is the most popular?

Dmitrii Zaretskii: Our customers prefer turbo options with very short (0.5-3 minutes) expiry periods, and it’s understandable: in turbo options a proper strategy can bring quite good income in a short time.

Reporter: What assets can your customers choose for binary options? Which assets are popular among traders and why?

Dmitrii Zaretskii: We have a wide range of assets. There are currency pairs both popular (EUR/USD, GBR/USD etc.) and cross currency pairs; also the major share indexes (Dow Jones, Nikkei, NASDAQ), commodities (gold, silver), shares of leading international companies. Currently we provide 89 assets and don’t plan to stop.

Reporter: Please tell us in more detail about conditions of binary options you offer for customers.

Dmitrii Zaretskii: Trading conditions we offer to our customers can meet any demands. Judge for yourself. Expiry period of options varies from 30 seconds up to a week: there are opportunities for scalpers, day-traders and mid-traders. Profit is up to 92% in case of successful investment(depending on the asset and market situation), it means that the risk/payoff ratio (for which binary options are criticized) is in favor of a trader.

Reporter:  The minimum deposit for trading binary options in the company is only 10 dollars. Does such unusually low barrier for entry into a market make sense for IQ Option business? 

Dmitrii Zaretskii: Yes, of course, because this way we give an opportunity for more people to try themselves in trading using the unique platform. Those who like can invest for real trading. We wouldn’t like to force people to pay a lot of money at once if a client doesn’t realize what he came for.

Reporter:  Besides usual real accounts and VIP accounts you provide traders with an opportunity to try on demo accounts.

Dmitrii Zaretskii: We believe that it is necessary. Demo trading is necessary at the beginning in order to learn without losing money.

Reporter: Please tell us what are the advantages of the platform for users?

Dmitrii Zaretskii: Advantages are in simplicity, convenience and intuitive interface. There are all the necessary trading tools on the platform.

Reporter:  IQ Option is also a broker that provides customers with a high level of security and protection of their investments. How do you protect your clients?

Dmitrii Zaretskii: IQ Option is regulated by CySEC (Cyprus Securities and Exchange Comission). It means that:

• A company has equity capital which is not less than EUR 200 000;
• There is a mandatory insurance for customers` investments the European insurance fund of investors;
• A company is monthly audited in order to check brokerage activities for compliance with all EU requirements;
• A company is annually undergoes an external balance audit in order to check capital’s sufficiency for transactions of traders;
• A broker uses segregated (separate) accounts for keeping traders` money and doesn’t have a right to use them for any other purposes but for customers` operations.

All this provides better security of customers` funds at broker’s deposits.

Reporter:  It is known that contests held by the company are quite popular among your customers.  What is their peculiarity, who and under what conditions can take part in competitions?

Dmitrii Zaretskii: Yes, indeed, the company holds tournaments between traders regularly. Anyone who has deposited can participate. We provide two types of tournaments: free and paid. For paid tournaments the fee is from $5 to $25 with the prize from $500 to $5000. In free tournaments winners receive bonus. In the latter half of 2014 we organized about 140 free tournaments with average number of participants 1500-1600 people; and we held more than 20 paid tournaments with 50-60 in each. Duration is about 30-60 minutes. However from time to time we make paid super-tournaments which last for a month. Of course the prize is much bigger there.

Reporter:  Do you provide education for binary options trading?

Dmitrii Zaretskii: The company is interested in customers who earn rather than lose. There is a special tab with educational material where beginners can learn simple and efficient strategies. Educational webinars are held weekly.

Reporter:  Are there any affiliate programs? 

Dmitrii Zaretskii: We represent one of the fast progressing brokers in the world. We don’t only create and improve stunning product, but we also provide excellent opportunities for partners. That’s why we pau our partners 50% of what they have brought to us. We have:

• The highest payouts in the industry – 50% of broker’s income;

• There are no hidden fees;

• No penalty;

• Payouts twice per month in USD;

• Quick registration and activation of a partner account;

• Wide range of promo materials;

• Mobile applications and mobile promo materials;

• Detailed statistics;

• Fast and helpful support.

Reporter:  Brokers have just taken as a rule to produce mobile applications for portable devices. How is it going with your broker?

Dmitrii Zaretskii: It’s all good here! The company has developed and released a mobile IQ Option platform for the most popular operating systems: for iOS and Android. I must say without false modesty that our platform is perhaps the best in its functionality, reliability and security. The mobile interface is almost the same as in web-version of the platform and in some points it is even better. For example in turbo options every single asset has its own background picture. Thus our mobile platform gives an opportunity to analyze and place orders, while similar programs of other brokers only allow monitoring the market situation. Our customers can trade from every point with the Internet.

Reporter:  Finally, what are the company’s plans for 2015? What kind of projects, services do you intend to release this year?

Dmitrii Zaretskii: We release all our innovations on the platform and it is our traders who can see this first. They are our main critics, and we consider every single note and suggestion, and it allows us to perfect our products.

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