Home -
IQ Option -

Score

5.95 /10
Average

IQ Option

Cyprus

10-15 years

Regulated in Cyprus

Market Making(MM)

Global Business

High potential risk

https://iqoptions.co/lp/mobile/en

Influence

AAA

Add brokers

Comparison

Quantity 90

Exposure

Open Account
Website

Score

Regulatory Index6.67

Business Index8.08

Risk Management Index0.00

Software Index6.00

License Index6.67

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

MY SCM
2020-01-01
INVESTOR ALERT LIST
IQ Option

Warning

SG MAS
2017-04-07
Investor Alert List
IQ Option

Broker Information

More

Company Name

IQ Option

Company Abbreviation

IQ Option

Platform registered country and region

Cyprus

Company website

X

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2025-02-23
  • The number of the complaints received by WikiFX have reached 79 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Survey

Good

IQ Option

Cyprus

WikiFX Verification

Exposure

90 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

already deducted but not credited

fyi, iq option is a scam

2023-03-23 04:19
Scam

I was induced by advertising to invest

I was induced to invest through advertising, plus calls from brokers to become a VIP client, the last entries seemed to manipulate the market, what I need is to recover the difference of the investment for $5,434.

2023-03-15 15:20
Unable to Withdraw

10 months and Iq Option blocked my account and did not return my balance.

Good afternoon! It will be 10 months since Iq Option blocked my account. They don't respond to my emails that I send to support, they are saying that I broke the platform's rules, but they don't tell me why. I tried to talk to find a solution but they didn't want to solve my problem. I just ask that you return my balance.

2024-03-21 00:55
Unable to Withdraw

My withdrawal funds never arrive

I have been waiting for months for my withdrawal that never reached my bank account, in short, a total fraud for months, I have been waiting for that and the only answer is that they send me some codes that the bank classifies as invalid for operations that the broker never carried out and the broker did not It gives me a solution for my money and the bank tells me that the transaction was never carried out by the broker.

2023-05-30 10:17
Scam

INVESTIN gain

Fraud does not make payment address and a pharmacy. Most scams in Brazil, you do not have access to the account.

2024-03-25 05:05
Resolved

Hello, I made a withdrawal and I haven't received it yet.

I made a withdrawal from my account and it has been more than 21 days, but I still haven't received anything. The question is, where is my money? Because it's easy to receive money, but it's not easy to withdraw our own money.

2024-09-24 00:21
Unable to Withdraw

Fraud to withdraw

I was trying to withdraw and now the platform is asking me to verify all the cards with which I have made deposits over time, that is, they are asking me for cards from more than 4 years ago from accounts that I have already deleted or simply lost. It's a scam because they don't give me any other option to withdraw my money, those rats.

2025-02-03 12:36
Resolved

I was a VIP user, I even had a

I was a VIP user, I even had an account advisor and when I started making profits my profit percentages went down, I stopped being a VIP user, the account advisor disappeared, and they disabled the Support option, so I cannot contact Support for know what is happening, due to this situation I withdraw $2778 on May 16, 2024, seeing that the withdrawal indicated that it was under review, consult, and what they tell you is that it is under review and that they do not have a deadline for when they will to process my withdrawal. I hope this situation doesn't happen to anyone else.

2024-05-20 10:38
Unable to Withdraw

WAITING FOR MY RETIREMENT

On the 25th of this month, I made a withdrawal on the platform, about 5 days have passed and the withdrawal has not reached my bank account.

2024-03-31 00:51
Unable to Withdraw

Victim of scam for many times

I lost 1500 soles being a naive person thinking that I was going to have more income. But it was a total scam. I want to get my money back. Please help me. I have to continue depositing money to fulfill my tasks. But the case is a total scam.

2023-10-27 17:39
Unable to Withdraw

He did not want to pay me

In March, I made the withdrawal of my funds. Today is April, and they did not arrive at my bank account from the same account I deposited. I wrote to support and they did not give me a solution. I lost those funds. I see that they are a very bad broker, who willingly paid me. I sent them the bank statement and they never arrived to my account.

2023-04-15 12:03
Unable to Withdraw

Account under review won't let me withdraw.

Since 11/30/2023, my account has remained under review, it catches my attention because I have had the account for two years, on several occasions I burned the account and deposited again, but this time I finally started to be profitable and I wanted to withdraw my first 100 dollars of profit, the account goes into review, they explain absolutely nothing and tell you that there is no specific time for the review and that while the review remains I cannot withdraw the money, be it the capital I deposited or the profits. The truth is that I have doubts that they will return my money, that is why I decided to expose IQ OPTION so that everyone can be more careful when choosing a broker.

2023-12-26 07:21
Unable to Withdraw

I can't take my money for 4 days

I would like you to help me withdraw my request from the IQ option broker, which until now does not give me access to have my money in my visa account.

2024-04-09 00:58
Others

I NEVER RECEIVED A PESO FROM THAT INSTITUTION

I invested 4000 in shares and had a return for a period and when I checked again I had lost the capital but nevertheless I received notifications of profit so I decided to inquire and in an inactive period according to withdraw a very large sum of money I wrote to clarify and they ignored me.

2023-05-08 15:14
Unable to Withdraw

Iq Option blocked my account and did not return the balance. I am a beginner with 4 months in Binary Options.

Good morning! I started in binary options at the beginning of this year and the broker l9 Option never blocked me because I was negative. When I decided to study and delve deeper into binary options, when I started to make a small profit, they blocked me. This is a shame for binary options. I've attached all the proof for analysis. History of deposits and withdrawals from January 2023 to May 2023.

2023-11-05 00:10
Resolved

investment of international option IQ option missi

my name is pankaj shukla village kathvaiya post kalna gaipura Vindhyachal Mirzapur Uttar Pradesh India zipcode 231303..phone..9129964567,8317072017,, opened option digital trading currencies platform account of IQ option platform quadcode..in month may 2022 and made some deposit and withdrawal but.after 6 June 2022 by making huge profits of 20lac usdt of AUD JPY...and all money investment in the same platform mobile application iq option company.. client id 107712801,, register phone no 919129964567,user name Rishikapankaj gmail ID is killerB2happy@gmail.com of my daughter school guest account....and all the documents submitted byme is legal according to there policy in the name of pankaj shukla...now two years over asking to company support portal..none progress and action taken..but alternative they hacked my both Gmail ID killerB2happy@gmail.com &shuklappankaj587@gmail.com.. even Instragram id Facebook Id used to login in application...and Twitter account also.. because I shared that day gain post in all these social apps...this is daylight robbery against innocent and simple poor people money ...

2024-07-27 01:48
    Sources
    Data Source WikiFX Data provide
    Updated: 2025-02-23
    IQ Option · Company summary
    Quick IQ Option Review Summary
    Founded in2013
    Registered Country/RegionCyprus
    RegulationCySEC
    Trading Instruments300+, Forex, Stocks, Cryptocurrencies, Commodities, ETFs
    Demo Account✅ ($10,000 in virtual fund)
    Min Deposit$10
    LeverageUp to 1:500
    Trading PlatformProprietary platform

    Overview of IQ Option

    IQ Option is an online trading platform that allows individuals to trade 300+ financial instruments including Forex, Stocks, Cryptocurrencies, Commodities, and ETFs. The platform was founded in 2013 and has grown to become one of the most popular online trading platforms in the world, with over 48 million registered users across 213 countries and territories. IQ Option is owned and operated by IQ Option Ltd, which is based in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC).

    However, IQ Option has also received some complaints from customers regarding issues such as slow withdrawal processing times and account verification delays. It is important for traders to weigh the pros and cons of using IQ Option and to exercise caution when making financial decisions.

    IQ Option's homepage

    Pros and Cons of IQ Option

    While the broker offers a regulated and user-friendly trading platform with low minimum deposits and free demo accounts, it may not be suitable for traders who require a larger range of tradeable assets or support for specific payment methods. Additionally, some traders have experienced issues with withdrawal processing times and customer service, which may be a concern for those who prioritize timely and reliable support from their broker.

    ProsCons
    Regulated by CySECLimited range of tradeable assets compared to other brokers
    Low minimum deposit requirement of $10No support for MetaTrader 4 or 5
    Offer a free demo account with $10,000 in virtual fundsSome negative reviews and complaints from traders regarding slow withdrawal processing times and customer service
    One-page website
    Unclear fee structure
    Lack of info on deposits and withdrawals
    No contact channel

    Is IQ Option Legit?

    IQ Option is a legitimate online trading platform that has been operating since 2013. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under the regulatory license number of 247/14.

    Regulated CountryRegulated byRegulated EntityLicense TypeLicense Number
    Cyprus
    		CySECIQOption Europe LtdMarket Making (MM)247/14
    Regulated by CySEC

    However, it is important to note that there have been some complaints and negative reviews about the platform, particularly regarding withdrawal issues and customer support. It is always recommended to do your own research and due diligence before investing with any broker.

    Market Instruments

    IQ Option offers 300+ tradable instruments including Forex, Stocks, Cryptocurrencies, Commodities, and ETFs.

    Trading AssetsSupported
    Forex✔
    Stocks✔
    Cryptocurrencies✔
    Commodities✔
    ETFs✔
    Indices❌
    Bonds❌
    Options❌
    Market Instruments

    How to Open an Account?

    Opening an account with IQ Option is a breeze. Simply go to their website and click on the “SIGN UP” button.

    click on the SIGN UP button

    You'll need to provide some personal information, including your email address and country of residence. You'll also need to set a password for your account. Once you've filled in all the required fields, click on the SIGN UP button and you're good to go.

    Fill in required info

    But before you can start trading, you'll need to verify your identity by submitting some documents, such as a copy of your passport or driver's license, and proof of address. This is a standard procedure for all regulated brokers and is designed to prevent fraud and ensure the safety of your funds. Once your account has been verified, you can make your first deposit and start trading right away.

    Trading Platform

    IQ Option offers its propritary trading platform, which is available both as a dekstop version and a mobile app, making it accessible to traders on-the-go. However, popular MT4 and MT5 are not available.

    Trading PlatformSupported Available Devices Suitable for
    Proprietary platform✔Desktop, Mobile/
    MT4❌/Beginners
    MT5❌/Experienced traders
    Trading platform

    FAQs

    Is IQ Option regulated?

    Yes, IQ Option is regulated by the Cyprus Securities and Exchange Commission (CySEC).

    What is the minimum deposit required to open an account with IQ Option?

    Only $10.

    Does IQ Option offer demo accounts?

    Yes. IQ Option offers demo accounts with $10,000 in virtual fund.

    News

    NewsAUD/USD Forecast: Aussie loses strength after being rejected from above 0.6500

    The AUD/USD reached two-week highs on Wednesday, boosted by a weaker US Dollar, but then pulled back, erasing all gains after failing to hold above 0.6500. The short-term bias is still to the upside but is losing momentum.

    WikiFX
    2023-08-31 15:20
    AUD/USD Forecast: Aussie loses strength after being rejected from above 0.6500

    NewsFxWirePro:EUR/NZD succumbs to bearish forces after Eurozone business downturn deepens in July

    EUR/NZD declined on Monday after PMI data showed euro zone business activity shrank much more than expected in July. • A survey showed the downturn in euro zone business activity deepened much more than expected in July as demand in the bloc's dominant services industry declined and factory output fell. • EUR/A NZD chart has taken a turn for the worse after todays drop.Overall risk growing for a bigger drop towards 1.7750.

    WikiFX
    2023-07-25 15:05
    FxWirePro:EUR/NZD succumbs to bearish forces after Eurozone business downturn deepens in July

    NewsUS Federal Reserve seen holding rates in June

    More than 90% of economists said the Federal Open Market Committee would hold its federal funds rate at 5.00-5.25%.

    WikiFX
    2023-06-14 10:04
    US Federal Reserve seen holding rates in June

    ExposureWikiFX Review: Beware of IQ Option, who was suspected fake clone!

    Another fraudulent forex broker has been exposed by an investor!

    WikiFX
    2022-09-19 14:03
    WikiFX Review: Beware of IQ Option, who was suspected fake clone!
    About More

    User Reviews

    More

    User comment

    69

    Comments

    Write a review

    FX3952456621
    0-3months
    Estaba intentando retirar y ahora la plataforma me pide que para poder retirar debo verificar todas las tarjetas con las que he hecho depòsitos a lo largo del tiempo, osea me piden tarjetas de hace mas de 4 años de cuentas a las que ya he borrado o simplemente he perdido. Es una estafa ya que no me dan ninguna otra opcion para retirar mi dinero esas ratas.
    Estaba intentando retirar y ahora la plataforma me pide que para poder retirar debo verificar todas las tarjetas con las que he hecho depòsitos a lo largo del tiempo, osea me piden tarjetas de hace mas de 4 años de cuentas a las que ya he borrado o simplemente he perdido. Es una estafa ya que no me dan ninguna otra opcion para retirar mi dinero esas ratas.
    Translate to English
    2025-02-03 12:36
    Reply
    0
    0
    CarlesSoria
    0-3months
    Por un lado, lo bueno es que se obtienen buenos activos para tradign y estos no son tan comunes. Como el trading de ETFs, que ofrecen algunos movimientos interesantes a veces. Lo triste es que tengo que esperar a que abra el mercado, no puedo operar con ellos 24/7 como hago con el Forex y otros pares. ☹️
    Por un lado, lo bueno es que se obtienen buenos activos para tradign y estos no son tan comunes. Como el trading de ETFs, que ofrecen algunos movimientos interesantes a veces. Lo triste es que tengo que esperar a que abra el mercado, no puedo operar con ellos 24/7 como hago con el Forex y otros pares. ☹️
    Translate to English
    2025-01-29 20:55
    Reply
    0
    0
    90