IQ option is a binary options website which allows people to "speculate" if the stock price of a company, a currency will go up or down. If you guess it right, you will receive a payment of up to 91%. Seems fair right? Well, it isn't. In fact, it's absolutely fraudulent. It tries to convince you that it is possible to consistently win, as long as you analyze the stock price carefully, which is impossible. No one can accurately speculate whether the stock price will go up within the next couple of minutes, hours or even days. In order to give you the impression that is is possible, they provide you with "analytical instruments", such as the Bollinger bands or charts. None of those instruments help you in predicting the stock price.

https://www.iqoption.com/page

Don't use IQ option. It pretends to be a broker like any other. But upon further inspection, you realize that it's a betting game, not a financial one. The outright majority of people will lose all their money in the long term. I've lost at least 500-600 dollars in total. Not because I was being stupidly audacious, but because I genuinely believed that the stock price could be predicted thanks to the analytical instruments. I was wrong, and regret it.