Iq Options - suspicions
I have been trading on the IQ Options platform for a few weeks now and have come to the conclusion there is something fishy about how it works. As others have reported, you place a call, against a strong signal and it immediately reverses direction, place two, a call and a put at the same time and it stays true to trend until you place a third purchase.
Also interestingly if you place a call and then a short while later a put, to minimise your losses when the trend reverses, the platform has an uncanny way of ending between the two just at the last moment returning zero profit. You may think this is just the way things go but to me the probability of it occurring is far lower than it actually does, suggesting some intervention in movement direction.
I have only been placing the minimum purchases, not enough to affect a market yet the influence of my purchase is clear to be seen, again not a realistic possibility.
Reason of review: Not as described/ advertised.
Monetary Loss: $100.
Iq Option Pros: Good support.
Iq Option Cons: Suspicious.
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Comments
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I lost 100$ in 7 bets. Same like ur case. At the last second it will go againts u.
Agreed, this is also my experience, how the software somehow manages to weedle its way between multiple calls and puts to find your worst position or at least minimize your win. I know sometimes this would happen anyway as a matter of course but this happens way way too often in this software.
In the end it becomes predictable.
I also notice the instant change of direction/trends too, I tested it many times on the practice account just to see if I could confuse the system one way by clicking call for rising prices and put for falling and it was almost comical how often it tried to change direction. I also did it the other way around and the result is the same, virtually all plays will (with real money at least) cause the software to show the trend has altered almost immediately, or you will get stuffed by rising/falling values by the time the session is about to expire, usually with a very quick streak by the software in the appropiate direction to either clean out your win you have been looking at for 15 mins or 60 seconds or to reduce your win to almost nothing, after which things appear to take a normal position again until you start placing plays...
Clearly the software is engineered to disadvatage you, and the practice play is clearly giving you an even chance because I managed to bag 20K in the first 1-2 days on the practice yet could not even win ยฃ2 on the real thing...odd that...
I am certain this software is technically illegal as clearly it cheats and modifies the data/outcome, also i am sure that the demo is another legal issue, it is clearly a misrepresentation of how the software really works.
Kin Assolls...
Everyhing you said is true, happened to me as well