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IG Binary Option Review
Starting our IG Binary Option review, we should note that among all existing digital options brokers, it is one of the most unusual, because of its services and instruments. Its most distinctive specification is a lot of experience in providing financial services to clients from all over the world and with different requirements. IG Binary Option is the part of the IG Group Holdings Plc, which was founded in 1974 and currently has more than 40 years of experience in the financial sector. During this period, they were able to become a real leader in the world of finance, offering innovative and transparent conditions for its traders. At this moment, IG Group company is one whose annual profit is 370 million pounds. The company's headquarters is in London, and it has offices in sixteen countries, such as Portugal, Spain, Luxembourg, France, Sweden, Germany, the Netherlands, Japan, Singapore, Australia, China and South Africa. For example, in Spain, the company is located in the options market since 2007.
In this IG Binary Option review we should mention that IG Binary Option is one of the most recognized and respected brokers as it received nominations as the best binary options broker in Money Magazine in 2010, World Finance Exchanges & Brokers Award of 2011, FX Traders' Choice Award, 5 stars from CANSTAR CANNEX in 2009, Falcon Award for High Broker Satisfaction in 2010, AFR's Smart Investor's Blue Ribbon Award in 2011, and The Bull Award in 2010, 2011 and 2012. Broker's trading platform is highly innovative, it full of necessary and useful information and is completely user-friendly, so all you need to start trading is high-speed Internet connection and a computer or mobile device.
|Return Rates||Up to 82%|
|IG Binary Option Minimum Deposit||$10|
|Trade Range||$10 up to $5000|
|Types of Currencies used for Transactions||USD, EUR|
|Option Types||Call/Put, One-Touch, Ladder, Tunnel, Short-Term|
|Safety Net||Not available|
|Assets||Stocks, Commodities, Currencies, Indices|
|Commodities||Gold, Silver, Natural gas, Oil (Light Sweet Crude), Cacao, Soybean|
|Forex||AUD/USD, EUR/USD, EUR/GBP, GBP/USD|
|Indices||Wall Street,Alemania 30, España 35, Australia 200, EEUU Tech 100, US 500, Francia 40, FTSE 100|
|Stocks||Baidu, Barclays, BAE Systems, Exxon Mobil, Nike, Microsoft, Apple, HSBC Holdings, Turkcell (NYSE: TKC), Citi Group, Lukoil (Russia), Toyota (US), B P (British Petroleum), State Bank of India, Gazprom (Russia),Google Inc., COCA COLA, BNP Paribas, Total|
|Methods of Bank Transactions||VISA, MasterCard, BPAY, Wire transfer|
|Trading Platform||No download required|
|Supported Countries||EN, ES, FR, DE, PT, IT, CZ, RU, JP|
|IG Binary Option Demo Account||Yes|
Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA
IG.com Review - Trading Instruments
In this IG.com review we should say that due to such extensive experience as a financial broker, this company offers an extensive set of binary option types. Besides the most popular Call/Put option, every trader can employ such trading tools as One-Touch, Ladder, Tunnel (Boundary) and Short-Term. Such wide choice of options was created in order to satisfy the most exquisite trader's needs.
Call/Put: it is one of the most popular option types among the beginners, because the only thing you should predict is whether the price will go up or down. It means that traders should Call if the predicted price will be above the current level at the end of the contract or should choose Put if the predicted price will be below the current one.
One-Touch: the difference of this trading tool is that the price should not only go up or down, but should also strike a certain level in a time-frame specified by the broker.
Ladder: this option has been offered on the market for the first time, namely, by IG Binary Option and it is a desirable tool for traders, but it requires confidence and extensive knowledge in order to trade successfully. Every trader receives a suggested range of price level, which looks like a ladder. And it is the traders' aim to decide if the asset price will be higher or lower than the given level at the expiration period. Because of the high risk level the possible profit is correspondingly much higher.
Tunnel: this option offers a tunnel with two price boundaries. You should choose Call if you think that the price will remain within this tunnel until the expiration of a trade, or you can choose Put if you think that the price is going to touch one of the suggested boundaries.
Short-Term: traders who would like to receive profit every minute can trade with these short-term options. The expiration period of such options may vary between 60 seconds and 5 minutes.
IG Binary Option Demo
Continiuing this IG Binary Option review, in the essence, we can say that this firm does not try to differentiate between trading accounts and only two account types are offered for all traders. Probably the most interesting one for all beginners is IG Binary Option demo account. The point is that not every broker provides such an opportunity to trade without investments. You can easily try out all possible trading features with this demo account and it is a great possibility for those traders who don't have enough experience or knowledge. IG Binary Option demo account holders are given virtual account balance of $10 000 for their trades, so you have unlimited possibilities for virtual experiments with binary options.
IG Binary Option Minimum Deposit
It is logical that the second account type is a comprehensive trading account with investment in order to execute trades and make real money. IG Binary Option minimum deposit to open a real trading account is only $10, so it won't be a problem for those traders who do not want to make a large investment. Trading account holders can use all possible financial instruments, graphics, signals etc. Please, remember that in order to complete the registration process you should present to the company your identification papers. The provider offers to make IG Binary Option minimum deposit and withdrawals using the most popular and reliable payment methods, such as credit and debit cards and bank transfer. Note that by using these options you will not be charged any commissions.
IG.com Review - Support
IG Binary Option customer support is available on a 24 hour basis. You can get in touch with a company's representative by phone, email or twitter. It is also considered to be one of the best brokers in terms of educational information provided for their clients. So you can find almost everything you need at the website from technical and fundamental information to live charts and comprehensive FAQ section.
IG Binary Option Scam
While searching for any complaints on IG Binary Option scam, we were pleasantly surprised that there are many positive feedbacks from users. But, unfortunately, there are also enough negative information about the company on forums. Traders complain on broker's platform, saying that it does not respond quickly and it can take up to 5 minutes to process trading tools. Also people complain on IG Binary Option scam saying this provider manipulates the chart, but there are no evidences of it.
But in general this broker seems to be secure and reliable. First reliability fact is that the IG Binary Option is regulated by FCA (Financial Conduct Authority) and Gambling Commission (license number 2628). The company also pays much attention to the security and privacy of clients. It uses 256-bit SSL data encryption system, the one that uses PayPal and many major banks to protect its customers data. Ending our IG Binary Option review, given all facts, we can recall you to make intelligent investments and always to read company's terms and conditions, so you could not get on IG Binary Option scam.