Score

5.46 /10
Average

iq option

Antigua and Barbuda

10-15 years

Regulated in Cyprus

Market Making License (MM)

Self-developed

Global Business

High Potential Risk

AA

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Comparison

Quantity 121

Exposure

Time Machine
Website

Score

Regulatory Index6.02

Business Index8.00

Risk Management Index0.00

Software Index5.42

License Index6.02

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
Time Machine
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

Warning

SG MAS
2017-04-07

Broker Information

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Company Name

SKY LADDER LLC

Company Abbreviation

iq option

Platform registered country and region

Antigua and Barbuda

Company website

X

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YouTube

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2026-06-24
  • WikiFX has recorded a total of 108 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

Iq option manipulated

I was scammed out of more than $90,000 on IQ Option. I would place a trade and they would end up entering up to 10 at once, and magically it would result in losses. I contacted support, they ran some tests, and supposedly everything was fine. I continued to trust them and continued to have the same problems until they burned through my entire balance. I complained and asked them to please give me my money back, and they don't respond. Now I don't know what to do. to get my money back. Can anyone help me? Never trust this platform. DON'T TRUST THEM. DON'T INVEST. THEY ARE SCAMMERS...

2025-12-31 08:29
Unable to Withdraw

Urgent: Real Balance Deducted After Bonus Cancellation

I deposited $187 via Binance TRC20 on IQ Option. They gave me a 200% bonus, and I traded for one month. Through real trading, I made a real profit and my real balance became $336 (excluding bonus). My total balance shown was $716 including the bonus. I then canceled the bonus, but IQ Option removed my entire balance and set my account balance to $0. This is completely unacceptable and violates basic financial rules because: 1. My $187 deposit is real money and must not be removed under bonus terms. 2. My $336 profit was earned through real trading activity and should not be deleted. 3. Bonus cancellation can only remove the bonus amount – not REAL funds or REAL profits. I do not have a screenshot of the $716 balance because IQ Option does not provide any confirmation message or popup during bonus cancellation. But I have: - Binance TRC20 deposit proof ($187) - Trading history showing 1 month of real activity - Current balance showing $0 - Bonus history showing activation

2025-12-10 06:02
    Sources
    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 platformDesktop, 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

    Exposureiq option Review 2026: Is This Forex Broker Safe?

    iq option has a WikiFX Score of 5.46 and is shown as regulated by Cyprus CYSEC, but the profile also records regulatory disclosures and a high volume of user complaints. This review summarizes its license status, mobile trading setup, reported withdrawal issues, and overall risk level based strictly on the provided WikiFX data and case records.

    WikiFX
    2026-06-03 16:00
    iq option Review 2026: Is This Forex Broker Safe?

    ExposureIQ Option Review: Regulation Warnings, Broker Complaints, and Withdrawal Blocks

    IQ Option carries a regulated CySEC record, but our investigation found serious warning signals: Malaysia listed an unauthorized activity alert, Singapore placed the name on an investor alert list, and users report repeated withdrawal rejection, profit withholding, and account access blocks.

    WikiFX
    2026-05-29 12:00
    IQ Option Review: Regulation Warnings, Broker Complaints, and Withdrawal Blocks

    ExposureIQ Option Review: Unveiling 2026 User Complaints and Regulatory Standing

    Concerned about IQ Option? Explore recent user complaints and understand its regulatory status. Make informed decisions about your IQ Option login and investments. Act now!

    WikiFX
    2026-03-27 17:12
    IQ Option Review: Unveiling 2026 User Complaints and Regulatory Standing

    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

    User Reviews

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    User comment

    108

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    FX4116114460
    0-3months
    I usually trade forex majors and can spice things up with blitz instruments. All in all, spreads most of the time hold themselves well, even during high volatile market conditions. Check out the pic I attached 👀
    I usually trade forex majors and can spice things up with blitz instruments. All in all, spreads most of the time hold themselves well, even during high volatile market conditions. Check out the pic I attached 👀
    Translate to English
    2026-06-23 19:17
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    FX4144358542
    0-3months
    denuncio a IQ Option por el cierre injustificado de mi cuenta y la retención de S/ 2,187.00 generados mediante operaciones realizadas en la plataforma. Al solicitar el retiro de mis fondos, mi cuenta fue bloqueada. El soporte indicó que la causa era la supuesta existencia de múltiples cuentas, pero no proporcionó pruebas ni una explicación clara. La plataforma previamente validó mis datos y permitió mis depósitos sin observaciones. Hasta la fecha, no he recibido la devolución de mi dinero ni una respuesta satisfactoria. Solicito que se investiguen los hechos y se adopten las medidas necesarias para la recuperación de mis fondos.Adjunto capturas de pantalla, correos electrónicos y comunicaciones con el soporte.
    denuncio a IQ Option por el cierre injustificado de mi cuenta y la retención de S/ 2,187.00 generados mediante operaciones realizadas en la plataforma. Al solicitar el retiro de mis fondos, mi cuenta fue bloqueada. El soporte indicó que la causa era la supuesta existencia de múltiples cuentas, pero no proporcionó pruebas ni una explicación clara. La plataforma previamente validó mis datos y permitió mis depósitos sin observaciones. Hasta la fecha, no he recibido la devolución de mi dinero ni una respuesta satisfactoria. Solicito que se investiguen los hechos y se adopten las medidas necesarias para la recuperación de mis fondos.Adjunto capturas de pantalla, correos electrónicos y comunicaciones con el soporte.
    Translate to English
    2026-06-20 03:24
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