Iqtrade24 Review: Binary Option Scam

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Iqtrade24 Review: Binary Option Scam

Iqtrade24 is a binary options broker platform. The platform is not legit, and it has numerous characters that show it’s a pyramid scheme.

The company claims to put the interest of their investors at the forehand. They allegedly give traders the best experiment. Iqtrade24 is run by B.O. TradeFinancial Ltd.

The reputation of this investment company is wanting. A binary option is linked to many scammers. This particular niche is very risky, and a lot of people lose money daily. Prices are easily manipulated.

The company offers clients a return of 81%. This is a lot of money, and it is hard to achieve such returns. If any company brags about offering the best returns in the market, ask yourself what is in for them.

For this company, if you invest with them, your funds will never see the light of the day. Binary options for the last decade have attracted a lot of negativity from investors.

Some traders still see the binary Option as their key to financial freedom, while everyone is entitled to their opinion so long as the right procedure is followed.

If you choose to invest in binary options brokerage, do it right and only choose legit companies. The company claims they are a leading brokers in the sector. Yet the company has no available data to back up their allegations.

Iqtrade24 Review, Iqtrade24 Platform


Iqtrade24 brags about their topnotch group of expertise. team is made up of professionals who claim they are well versed in risk management, legislation, Forex trading, and derivatives.

However, there is no certificate or document available to verify their qualification. The investment company is only buffing about false data to appear credible. The team is allegedly the one responsible for the high returns the Iqtrade24 promises. Review

The website of Iqtrade24 is web-based investors are not required to install any software. The platform guarantees their clients they can trade in the comfort of their homes at any time.

The company assures clients they do not need to have background knowledge in trading, and they can earn in the easiest way possible. Keep in consideration that any online investment requires skills you can’t dive into the market and expect to make crazy returns.

The platform has a good interface and works fast. Iqtrade24 also claims to offer clients a complex training to familiarize them with trading. We do not know how true this information is or how many people have gained from these services.

The platform lets traders sell their binary options before expiry. However, Iqtrade24 encourages investors to sell on an early expiration to yield more returns.

Iqtrade24 claims to offer its traders a wide range of services that they have personally selected from the best stock, indices, and currencies.

The platform states that they have the best trading module in the market. The investment company strives to offer a cutting edge to its clients to thrive in their trading activities.

They only hull that they have ventured into using the latest technologies in the market to guarantee the transaction is protected, safe, and quick.

However, they have not mentioned the software of the company they are working with to ensure they achieve all this. When it comes to binary options, you need to approach the niche with a lot of caution, only invest with top renown binary options platforms.

The platform also states that Thompson Routers offers clients real-time data streams. We wouldn’t recommend any investor to trade on this platform, despite their enticing promises.

How does Iqtrade24 Operates?

The company has not provided adequate data on the type of account they have for their traders. A lot of drawbacks make us not to recommend this binary options platform.

Iqtrade24 has a one-touch feature. It is said to provide vast returns only on the weekends. The amount of payouts that investors can get is about 50%. The one-touch feature is complex if you compares it to other binary options companies.

Iqtrade24 has an iFollow concept that guides traders. The feature allows investors to follow other expert traders on the same platform.

Through following the best traders in the market, it will open a learning ground. You can follow all their trading steps from the time the deposit funds.

As an individual, you are responsible for setting the time, choosing whom to follow, and the desired amount of money you need to invest.

All you have to do is choose the best trader and copy their tactics. The narrative that Iqtrade24 has put across is enticing, and many people have fallen victim to their fraudulent activities.

Iqtrade24 Regulation and Contact Details

Iqtrade24 regulation information are false. The investment company operations are overseen by TradeFinancial Ltd, which is a firm based in Cyprus. It is regulated by Cyprus Securities and Exchange Commission.

Their license no is 216/13. The company can operate in the European Union states. However, this platform has been accepting funds from other countries as well, where they are not regulated.


Iqtrade24 is not a trustworthy or reliable platform. The investment company is not what they say they are loop holes are surrounding this binary options platform.

Iqtrade24 is different from IQ Option. The later platform is performing greatly in the market, unlike Ensure you do thorough research before investing in any company online.

Iqtrade24 Review, Iqtrade24 Contact


You can reach the platform’s customer support via email; [email protected] or on telephone +1-916-637-5768 or +44-203-095-7608.

The platform office address is Glasgow G12 9EQ, 170 Dowanhill, UK. The company welcomes prospective customers to air their questions. However, Iqtrade24 does not accept traders from the US.

Binary Options and Returns

Binary Option is an Iqtrade24 major form of trading. Clients can trade at their preferred timing. Traders can customize their binary option settings with their preferred expiry time and amount of funds.

The platform encourages newbies to invest with them as they can sit and watch as their funds multiply.

Iqtrade24 is an investment company that offers clients huge returns. Unfortunately, this company is a pyramid scheme that only wants to rip off investors’ money.

Iqtrade24 also has an option of trading in Forex. Their users can choose from different currencies to trade from. They accept USD, BTC, AUD, CNY, GBD, CAD, EUR, among others.

The platform allegedly offers investors a return of 1500% in a short span duration of about 30 minutes. If you are keen enough, you will spot the red flags and avoid this company.

The company claims to utilize the classic binary options like call/put option of trading. The suspicious platform also promises users five various chances for assets. By utilizing these features, investors can predict market performance.

The platform states that they offer quality training resources to their traders to aid their operations. Both newbies and expert traders can utilize their apparent materials.

The platform allegedly assures investors that many of its clients have made tremendous returns using this feature. This information is incorrect, and we advise you to stay away from this company.

Final Verdict

Iqtrade24 has too many negative reviews from online investment experts. This only means one thing; the binary options platform cannot be trusted. It is a Ponzi scheme that doesn’t have a demo account to familiarize users with the website.

The platform offers extraordinary opportunities. However, we wouldn’t recommend any investor to join this company. Stick to well known top binary options investment firms.

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