Last updated: May 7th, 2020 We have performed a thorough review of IQ Option, without the broker knowing.. Is IQ Option a scam OR one of the best trading platforms in the world ?. Read further! IQ Option brand has been founded in 2013. IQ Options Europe LTd. is a Cyprus based financial company that has started its career as a super successful binary options trading platform. IQ Option vs Expert Option: Which One is Better? The brokers have managed to carve a name for themselves in the industry. So, how do they compare against each other? This is a short review that seeks to juxtapose the two brokers and make a conclusion on which one is better. How long Binomo and IQ Option have been operational. Binomo was founded in 2013 and IQ Option was founded in 2014. Binomo is located at the First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines. IQ Option, on the other hand, has its headquarters in Cyprus but also has also an office located in Seychelles. IQ Option offer forex trading on a small number of currencies. Spreads are on the high side and the brand do not excel in this area: XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader. GBPUSD Spread; 5 pips: 2.1 pips (var) EURUSD Spread; 14 pips January 2020: An FPA member has shared an email he received from IQ Option support. That email makes it plain that IQ Option considers the use of a VPS, VPN, or even trading from an IP in a different country to be grounds for confiscating funds from an account.
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