The largest international IQ Option started its activities in 2013 and in a short period of time has become one of the leaders among the companies providing binary options services around the world. Today, it is one of the most popular platforms for making money through trading, which provides clients with access to the Forex Mexico markets, cryptocurrency, CFD, etc.
Trading platform IQ Option Mexico
The uniqueness of this Mexico broker is that it is one of the few brokers, which created the author’s trading platform (understandable to beginners) and added to it the functionality for the classic Forex Mexico trading. In other words, their browser platform is based on the technology trading on the “up/down” principle and adds the possibility to open trades on the basis of the classic MT4.
One of the “features” is the integration of the platform into the Live Account, which allows you to trade and manage your profile in one window. The person can open several charts on the screen (the “Chart Grid” function), working simultaneously with binary options, stocks and CFDs. Technical analysis toolkit of the platform has 50 indicators, 4 types of charts (including Hakenashi which is not available in MT4) and more than 5 graphical objects.
Facts about regulation:
- Regulated company in Europe (CySEC license).
- Registered in many countries for financial transactions.
- Split client funds.
- Regulated payment methods.
- Funds protection up to 20,000 Euro.
The stylish website was developed by the best programmers and designers. Thanks to the excellent color combination, your eyes don’t get tired. This will help to keep your concentration, correctly determine the best time to do something. Quality layout and excellent functionality will help you quickly go through the registration procedure, find the right section and make your first step.
Terms of trading IQ Option Mexico
IQ Option is one of the leaders on the financial market among Mexico brokers that has managed to make Forex Mexico profitable and accessible to a wide range of traders. The main advantages are, first of all, the following factors: the minimum deposit – $10, the minimum deal size – $1, the existence of a free demo account, thanks to which you can quickly explore the possibilities of the platform, as well as the high profitability of trading, a large number of assets.
Advantages and disadvantages of here:
|CySEC license||Limited assets|
|Convenient platform||Only 1 option type|
The terminal of the Mexico broker surpasses many world analogues of similar programs in quality and functionality. Special attention is paid to the customer support (24/7), it is available in different languages and is improving every day, which makes cooperation with the company more comfortable and allows to consider IQ Option an ideal Mexico broker for a user.
State-of-the-art systems are used to protect the users and clients of their service. All important information, including the specifics of the transaction and payment details, is encrypted with 256-bit dynamic code. Such encryption is practically impossible to crack, so the information remains confidential.
Users are presented with binary options over 70 types of Forex Mexico and stock markets:
- 22 currency pairs.
- 6 stock indices.
- 49 stocks.
There is also a possibility to buy binary contracts for gold. Each client can choose the most convenient variant and trade in the most perspective and understandable for him sphere.
IQ Option Mexico account types
IQ Option Mexico offers users three different types of accounts. You can choose between a demo account, a real account and a VIP account. On the platform you can switch with 2 clicks between demo and real account.
You get a live account and a demo account for free. The minimum deposit for a live account is $10. In our opinion, this is a very small amount that allows any trader to participate in the Forex Mexico markets. For a VIP account, you must deposit $3,000 or more. But for this, you will get the best conditions, VIP support, and the best education for Forex Mexico trading.
Facts about account types:
- Free Demo Account.
- Minimum deposit for a real account is $10.
- VIP account for $3000 deposit or more.
The real account offers people the opportunity to participate in several competitions held on the platform, but for users residing outside the EU. You can try using a real account through a free demo account to see how it works, without any significant financial loss.
Pros and cons of a real account:
|Low minimum deposit||Trading competitions are available for people outside the EU|
|Low minimum investment amount||Access only on the internal platform|
|Access to 70+ tools|
There are two conditions to gain access to a VIP account. These two conditions are as follows: people who have made a deposit of $1,900 or the equivalent in other currencies, or clients who have a volume of $15,000. The VIP account consists of Real account features and personalized features; the personalized features they provide are a personal manager, always ready to go, and a monthly report of the trader’s records.
Pros and cons a VIP Account:
|Personalized features available||Does not have access to major platforms|
|Monthly report to track traders’ records||Requires a high minimum deposit of $1,900|
|Suitable for traders with experience or high volume of trades|
Another important way to learn what real trading Forex Mexico is all about. Every user can activate a demo account and get 10,000 virtual dollars on deposit. This feature allows you to make deals in any asset at real quotes. Thus, you can develop the best strategy here, try out new signals and indicators and gain priceless experience without risking real money.
Deposit and withdrawal IQ Option
With IQ Option the minimum deposit amount is 10$. You can choose their deposit method, while this broker does not require the customer to pay a deposit fee.
There are certain steps that people need to follow in order to make their first Forex Mexico deposit, where they have to participate in the account verification process.
They provide its users with various methods of depositing and withdrawing funds to and from the account. Now people may use such methods as: debit cards (Maestro and Visa Electron), credit cards (Visa and MasterCard), as well as electronic payments (Skrill, MoneyBookers, CashU and Neteller).
It is able to process payments via bank transfer; with the current minimum withdrawal amount of 2$. The time required to process withdrawal requests is one business day, but a local financial institution may pay for this process.
Their deposit methods:
- Credit card \debit card.
- Electronic purses.
- Bank wire transfer.
When withdrawing funds from accounts, the method people use may differ from the deposit method. The electronic withdrawal wallet is similar to the deposit wallet. If the deposit was made through electronic payment, traders must withdraw funds to the same electronic account.
However, despite the fact that the guy chooses the withdrawal method, the trade order or request is processed within three business days. For bank cards and payment intermediaries the processing time of the request can be increased, like most Mexico brokers.
- No withdrawal fee.
- Low minimum withdrawal amount required.
- Various withdrawal methods.
- Electronic purses process requests immediately.
- Fee may be charged when withdrawing from the bank.
- Slow withdrawal process via wire transfer.
This broker is always ready to offer its clients more. For example, they have an interesting opportunity to try and win a contest with a large prize pool and real participants. You just need to buy a ticket ($4-20) and wait for the tournament to start. Now on the account of the British client 1000 virtual dollars and you need to get the maximum profit for some period. The prize fund is $3,000-20,000 and is distributed among the most successful traders. Moreover, there are even free tournaments in which there is also a real prize fund. Thus, you can start your way to success even without investing.
As part of the incentive program, bonuses are awarded for every deposit. Depending on the amount invested, a bonus of up to 100% is provided. An additional bonus for this program is the ability to return up to 45% of the funds that took part in a losing trade.
Another thing that proves that the Mexico broker IQ Option follows modern trends in trading is the availability of a free mobile application, which can be used by any client of the company (iPhone, Android). The program does not differ in functionality and convenience from the desktop version. By downloading it to your smartphone, the trader receives a number of significant advantages: instant access to the market at any convenient time (only a stable Internet connection is needed), the ability to conduct a complete analysis of the dynamics of assets, test strategies, trade in the market, monitor the account, withdraw earnings from the deposit, etc.