Have you heard of Iqoption.com? Do you want to know if it is scam or legit? Read this review to find out more about it.
What is Iqoption.com
Iqoption is a scam investment website that claims to trade Crypto and Forex trading. It claims that With features like Stop Loss/Take Profit, Negative balance protection and Trailing Stop you can manage your losses and profits at the levels predetermined by you.
Iqoption.com And How It Works
According to the website, It claims that you trade on currencies, stocks, options and binary trading. It further claims that its trading team comprises of experienced forex traders, who specialize and trade on different sectors and in return maximize profit for her investors, even in a volatile market
However this is a scam, it has fake people on their website posting amounts of money they have withdrawn. After investing when it is time to withdraw you are asked to pay for tax, then later they block the funds you have deposited, and they ask you to pay a strange fee to unlock the funds. After paying the tax, the funds continue to be blocked for other excuses that are made up, in essence you can not withdraw your money. . This screams FAKE.
The people behind these scams simply keep on launching new “systems” and “apps” under new names like , Usdtbinace, Usdttuut, etc in an attempt to escape the negative reviews so that they can continue tricking people into joining.
An aggrieved investor had this to say
I got scammed by this website. I deposited a lot of funds here. However, they refused to let me withdraw my money. Now, I’m unable to log in to my account. and my funds are held hostage on their platform.
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From the foregoing, it is clear that Iqoption is a scam just like Dotxbep which we reviewed earlier, Investors should be wary of such sites as their aims are to rip off unsuspecting investors.