IQ Option is a new binary options broker based in Seychelles, a small island nation in the Indian Ocean. The broker under the company Alta Vista Trading Limited has received a license from the Cyprus regulator, CySEC (license number 247/14) on behalf of the company Investlab Holding Ltd, as well as several world level awards. The broker, which was only founded in 2013, is now trying to expand to various countries including Barbados. You can visit http://www.dwhm.org/forex/barbados.html to find out more info regarding this broker in Barbados.
As a young broker, IQ Option’s reliability in serving clients is not well known. Its marketing action is quite aggressive with various promos and even has been licensed by the CySec Cyprus regulator, but when compared to forex brokers who usually have investor compensation funds, the security guarantee they have is less attractive. Of course, this makes Barbados traders feel safe to trade with IQ Option.
The comparative advantage of binary options over forex trading is its simplicity which is designed in such a way as to support the achievement of maximum profit potential in a short time. The IQ Option binary broker has arguably succeeded in packing this simplicity in innovative and creative packaging. From super short registration procedures requiring only a Facebook or Google+ account, price quotes provided by Thomson Reuters, to sophisticated trading platforms, IQ Option is giving the binary options industry fresh air. This convenience makes Barbados traders more interested to trade with this broker.
Thomson Reuters is one of the world’s leading forex market quotes providers and is widely used by major banks in their forex trading platforms. Therefore, the fact that the quotes on IQ Option are taken from Thomson Reuters is a distinct advantage that other binary brokers do not have.
The latest version 3.0 of the IQ Option trading platform is also unique. The web-based platform has a sophisticated appearance with running charts in the form of lines and candles and is equipped with several technical indicators as analysis tools, including Moving Averages, Bollinger Bands, and RSI. Its use is also very easy for experienced traders and beginners and the demo account version can be tried for free with the instant registration method via social media.