When you are a binary trader, the need for an online platform like IQ Option is absolutely necessary. It is because trading in binary options can be tricky sometimes. It utilizes a simple yes or no proposition. Therefore, if you wrongly predict the outcome, there is no other way except to lose your bet completely.
Various platforms offer numerous accounts with different features, such as a demo account, real account, premium account, etc. All trading accounts come with their own benefits. However, the premium accounts always stand apart from the rest. So let us find out what a premium or VIP account is and how IQ Option VIP account can help traders.
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(Risk warning: You capital can be at risk)
What is a VIP account?
As the name suggests, a VIP account is an exclusive account type meant for only a few customers. Unlike the free accounts such as the demo ones, it is not accessible to everyone for the trial. Therefore, to reap the benefits of a VIP account, you must fulfill the platform’s requirements and become a member.
Usually, the brokers offer their VIP or premium accounts to selected members with higher deposits. Moreover, some platforms scrutinize their trading volumes and decide upon that. Once a client gets access to a VIP account, she can benefit from all the premium services available from the broker’s platform.
It automatically places you in a higher position than other users. Benefits like reduced spreads and commissions may also come along with certain VIP accounts. Therefore, it enhances the overall trading experience with the particular platform.
(Risk warning: You capital can be at risk)
How good is IQ Option’s VIP account?
IQ Option is also a broker that offers a VIP account in its portfolio. It aims to increase the clients’ profitability by offering expert training materials and other unique benefits for the VIP account holders.
You can obtain the IQ option VIP benefits by depositing a significant amount of money. The exact amount that has to be deposited varies depending on the country. Moreover, IQ Option allows you to deposit this amount in a single payment or in smaller parts. It offers a three-month period to those who wish to pay the amount in parts.
The reduction in the minimum deposit for becoming a VIP member is a lucrative feature that makes it more accessible. In addition to that, if a trader wants to earn the VIP status, she just needs to have a trading volume of $15000 extending over three months. It is a much lower trading volume requirement than VIP accounts of other brokers.
Before getting to know about the features of the VIP account of IQ Option, a new trader must note that it is available to non-regulated traders only. Moreover, if you are a user from the European Economic Area (EEA), it is not accessible to you.
(Risk warning: You capital can be at risk)
Features and benefits of the VIP account:
There are plenty of features and benefits if you choose to trade with the VIP account of IQ Option. Let’s have a detailed look.
1. Increase in profitability
One of the primary benefits a new trader can expect from IQ Option’s VIP account is increased profitability. The VIP account offers a significant profitability rise over other accounts just by joining it. Traders have experienced much higher profitability rates that apply to various asset classes. For example, in forex trading, the traders have seen a 12% rise in currency pair GBPUSD, whereas up to a 3% increase in USDTRY.
Similarly, the stock assets such as Google and Alibaba have witnessed an increase of up to 21% and 20%, respectively. Such a higher profit percentage can significantly increase the success of the traders.
2. Personal account manager
It is an exclusive feature available for VIP account members.
IQ Option provides VIP clients with personal account managers, which eases their account handling. The account managers are available 24 hours a day and 5 days a week. So, you can expect effective assistance throughout the market’s working period. The managers are professionals who are trained in handling market conditions.
They can guide a new trader in using analytical tools and methods to improve their profitability.
Therefore, VIP clients can get more personalized support, minimizing their chance of committing mistakes.
(Risk warning: You capital can be at risk)
3. Additional training materials
Another feature of the IQ Option’s VIP account is the exclusive training materials.
It offers training modules that are not available to regular account users. These training materials are prepared by experts in the field and help improve the user’s trading methods.
It includes modules that elaborate about:
- The pros and cons of fundamental analysis
- How to choose an asset to start with?
- Trading sessions and features
Such modules can educate traders and create a huge difference in their performance.
Conclusion: IQ Option VIP account is a helpful additional account type
IQ Option is among the best trading brands available for binary options. For a new trader, it offers various lucrative features and account types. However, the VIP account of IQ Option is one a kind of account type. It requires a reduced deposit amount that makes it easily accessible.
Moreover, the features of the VIP account are unique and rewarding. It even offers a personal account manager along with other benefits. Therefore, since the VIP trader can get the upper hand, we can say that IQ Option’s VIP account is worth joining.
(Risk warning: You capital can be at risk)
bindu devi
says:my iq option is v.i.p . My withdrawal is pending since last 18th as my account has been reviewed.Still no problem solved. The problem with which I am unable to trade.I tried to contact the manager continuously but today it has been 6 days, till now I have not received any call from him.I teach trading course on youtube. Due to the problem of this review, my mind is not working. Which is hurting me a lot. Please either finish the review or I have to talk to the manager. help me