When you’re dealing with an online trading platform like IQ Broker it’s important to explore how the platform’s payout system works.
People who trade with IQ Broker, in general, find their trades make money and their accounts grow. Yet what happens when they’re ready to make a big capital withdrawal? How stable is the process? After all, profit doesn’t mean much if it’s not liquid. The market has no patience for stagnation, and in the real world you sometimes need an influx of cash from your investments.
When evaluating the reliability of payouts on any online trading platform it’s important to use a three-point standard.
IQ Broker has a track record. It was founded in 2013, and it’s designated as a Cypriot Investment Firm authorized by the Cyprus Securities and Exchange Commission.
Across reviews, traders have found it easy to get at their money when they needed it.
This is extremely important because there are many sites who can’t say the same. The industry is riddled with platforms that find any reason to delay or deny the payment of funds when a fortunate trader is finally ready to cash out. IQ Broker, also known as IQ Option, treats its customers fairly and makes their own money accessible to them within the limits of the laws under which they operate.
There may be a small delay in receiving funds after placing a sell order simply due to the times governing market opening and closing. You’ll want to take this into account when making financial decisions and transactions on the platform.
There are no reports of any cybersecurity issues or protocol breaches on the IQ Broker platform. While no transaction type can eliminate all fraud, it is clear that IQ Broker has taken steps to reduce risk and ensure the highest possible level of security to their customers.
This is in fact one of the most important factors you can look at. It’s all well and good to have secure, reliable transactions, but can you trust the platform? There is always the possibility that something is going on behind the scenes. With real money at stake, it’s wise to investigate.
Fortunately, IQ Broker’s reputation is second-to-none. There have been no public complaints. All customer service reports have been excellent. Given the amount of business the company is doing it would be impossible to sweep any issues of this kind under the rug. The data would have shown up after over 7 years of operation.
The Safe Alternative
If IQ Broker is a legal option in your country (it doesn’t operate in the US or Canada for example) then it’s a proven, solid, reliable option for the aspiring day trader. You can start your account with as little as $10 down, and you can begin using their tools to learn, perfect your trading strategy, and start making money.