IQ OPTION APK REVIEW 2020: FREE DOWNLOAD, DEMO AND INFOS
IQ Option’s APK (Android) mobile app is the only one (of 3 mobile applications) that gives non-regulated traders access to all the tradable instruments of IQ Option. This means that this group of traders can trade binary options, digital options, forex, stocks, indices, cryptocurrencies, commodities, and ETFs, all with one single app! Regulated traders can also trade many of these assets plus FX options.
- The only IQ Option mobile app that supports binary option trading!
- Incredible user interface with many features
- Trade a really wide variety of assets
- Easy access to market analysis, news, support, etc.
- Minimum deal size of only $1
What is an APK?
APK stands for Android Package Kit and is the file format used by Android to distribute and install its apps. Android apps (including the regular IQ Option Android app) are commonly available from Google Play but IQ Option’s APK app is only available directly from IQ Option.
Why Does IQ Option Have a Separate APK Android App?
The IQ Option Android mobile app which is available from Google Play does not support binary option trading due to Google Play restrictions. For this reason, IQ Option created its APK Android app to accommodate traders who want to trade binary options.
AN ITM (IN THE MONEY) GBP/USD BINARY OPTION TRADE WITH A FEW SECONDS LEFT UNTIL EXPIRY. THE PAYOUT ON THIS TRADE WAS 87%.
Please note that traders from the EEA (the European Economic Area) cannot trade binary options with IQ Option at all due to certain regulations. Clients from the EEA are referred to as regulated traders. These clients are directed to IQ Option Europe Ltd. which is registered at Cyprus and is regulated by CySEC (the Cyprus Securities and Exchange Commission).
Traders from outside the EEA are directed to IQ Option Ltd. which is an unregulated entity and is registered in St. Vincent and the Grenadines. This group of traders are referred to as non-regulated traders. The APK app was created specifically for this group of traders who are allowed to trade binary options but are not able to trade it with the regular Google Play Android app. The iOS (Apple) mobile app does not support binary option trading, so the only mobile app with which non-regulated traders can trade binary options is IQ Option’s APK Android app.
For all practical purposes, professional traders from the European Union fall in the same group as non-regulated traders. For more information regarding a professional trading account, take a look at IQ Option Retail vs. Professional Account for European Traders.
IQ Option APK Features
IQ Option’s APK Android app has all the features of the regular Android app, plus the advantage of being able to trade binary options. Here is a brief overview of the trading tools, user interface, financial instruments, and trading conditions available on the APK Android app.
With the APK app, you can trade a great selection of financial instruments. The groups of assets are:
- Binary options (available to non-regulated traders only)
- Digital options (available to non-regulated traders only)
- OTC (over the counter) binary options (available to non-regulated traders only)
- OTC (over the counter) digital options (available to non-regulated traders only)
- FX Options (Available to regulated traders only)
- Stock CFDs
- Cryptocurrency CFDs
- ETFs (exchange-traded funds)
- Commodity CFDs
- Stock index CFDs
OTC binary and digital options can be traded over weekends when most of the traditional markets are closed.
All of the instruments, except FX options, can be traded with a minimum investment of only $1. The minimum trade size on FX options is $30.
MOST ASSETS, INCLUDING STOCK CFDS, CAN BE TRADED WITH AS LITTLE AS $1 PER TRADE!
The minimum deposit for regular trading accounts, is $10. For VIP trading accounts, it has been reduced from $3,000 to only $1,900. Please note that VIP accounts are available to non-regulated traders only.
This depends on each individual asset and the client’s regulation. For non-regulated traders, the highest leverage setting available on any instrument is 1:1000 (on certain forex pairs). For regulated traders, it is 1:30 on certain forex pairs.
Payout Percentages (Applicable to Options)
- FX options offer uncapped *profitability percentages for successful trades. The magnitude of the price movement is basically the only factor that limits the potential *payout of a particular FX option trade.
- Digital options can have *payouts of up to 900%.
- The highest *payouts on binary options and ‘Current Price Profit’ digital options, is in the region of 87-92%. In exceptional cases, you can get *payouts of over 92%.
*Payouts and profitability percentages apply to successful trades only.
IT IS NOT UNCOMMON TO SEE PAYOUTS OF 87% ON ‘CURRENT PRICE PROFIT’ DIGITAL OPTIONS. (‘CURRENT PRICE PROFIT’ MEANS THAT THE CURRENT MARKET PRICE IS USED AS THE STRIKE PRICE, JUST LIKE WITH BINARY OPTIONS).
Expiry Times (Applicable to Options and Special Crypto CFDs)
The different expiry times on options depend on the types of options that are traded. The shortest duration is a 1-minute contract, with the longest duration being ‘end-of-the-month’. FX options can be traded with expiries of between 10 and 60 minutes. Please be aware that option contracts can often be entered late, which means that actual expiry times can be shorter than which is indicated.
Special cryptocurrency CFDs (e.g. Bitcoin x100) generally expire at the end of the same day on which the trade is opened.
Trading Tools, Indicators, and Support
The APK app is equipped with numerous technical indicators as well as different chart types and widgets. Traders can also access news, a forex calendar, and an earnings calendar in the ‘Market Analysis’ section. Of course, traders also have access to a ‘chat’ section where they can either contact IQ Option’s support team or communicate with other traders. Other features include ‘Price Movements’ which alerts traders of sharp market movements and ‘Graphical Tools’ that allows traders to plot different types of lines on their charts.
Videos of various trading topics are available directly in the APK app.
ARE YOU LOOKING FOR TRADING EDUCATION? IQ OPTION’S INFORMATIVE VIDEOS CAN BE ACCESSED DIRECTLY FROM THE APK APP.
IQ Option Demo APK? (Demo Account Trading?)
IQ Option’s APK Android app can be used with a fully functional demo account that does not expire. The demo account has all the features of a live trading account and traders can switch between their live and demo accounts in the blink of an eye without even exiting the app.
How to Install the IQ Option APK App
The IQ Option APK app can simply be downloaded to your Android mobile device. If you have any problems with this, you can also download the app to your desktop computer and then install it on your Android device.
IQ Option Binary Option APK Download
You can download the IQ Option APK Android App right here. This is the only IQ Option mobile app that supports binary option trading!
Frequently Asked Questions
Yes, it is. Simply follow the link above to get started.
Yes, the download link in this article will always give you access to the latest version of IQ Option’s APK Android app.
It is not recommended to use APK mods as not all of them work. These apps are not licensed by IQ Option and are also illegal.
Yes, the APK app can only be used with Android mobile devices. Traders with Apple (iOS) mobile devices have to use the iOS version. Unfortunately, the iOS version does not support binary option trading.
Yes, the APK app gives you access to all of the instruments you can trade with IQ Option’s desktop and browser trading platforms.