The IQ Option scam has risen to the top of the binary options scams list for current and former traders who are looking for a more secure, safe, and ethical place to trade. In this article, we will be going through the many facts about this exchange and what it has revealed about trading in general. Soon you will understand that not all trading is created equal.
The IQ Option Scam: Start with the Good Things
If there is one thing that is iq option scam has done, it has changed the binary options industry for the better. They have made a point to eliminate several of the aspects that led to many fraudulent companies. The features of this new exchange are as follows:
The company was vetted thoroughly before being launched. It went through a series of interviews and rigorous testing from reputed financial institutions, including some from England and Germany, who were hired to ensure that no fraud would occur on the site. This alone eliminates a great deal of concern from traders who are wary about trading on unregulated sites.
The trade features were also audited by a third party before they were made available to traders. The results of this audit gave IQ Option the green light to allow the traders to trade.
The company also has a strict money-back guarantee policy, which means you can request a refund if you are unsatisfied with your experience at IQ Option. Because of this, it does not matter how much you have lost on the site, you will get your money back. You can check for yourself further down in this article so that you can see what the fine print says about the guarantee.
Finally, the company has been around for quite some time without resorting to scams and fraud. This is a very important aspect of IQ Option and is one reason why it has gained so much popularity with forex traders. In fact, because of the many ways that they have improved the industry, binary options strategy trading has grown in popularity to become a major method of investment for both new and current traders.
How the IQ Option Scam Works
There are two main reasons why there are so many scams and frauds that take place on binary options sites. These include:
The availability of false advertising techniques lures unsuspecting people into trying these fraudulent methods. Many people who want anyway to make money over the internet will click on these ads without realizing where they will lead them. The forex and binary options industry has a high number of new traders who are looking for any way to make money fast, so they will sign up for binary options sites and then get scammed.
These are the two main reasons why there is such an increase in fraud when it comes to trading. This is not the case with IQ Option though, because of what it does not promote and how it provides its services. The company is really just out to prove that it can be one of the best choices for trading, instead of trying to trick you into losing all your money.