Binary IQ Trade-Overview of Minimum Deposit, Spreads & Leverage

General Information

Registered in the United States, Binary IQ Trade is a brokerage platform offering binary options, forex, and cryptocurrencies. Please note that Binary IQ Trade is not subject to any regulation, please be aware of the risk.

Market Instruments

With Binary IQ Trade, traders are said to get access to trading on binary options, a series of cryptocurrencies, as well as forex currencies.

Investment Plans

A total of four investment plans are offered to satisfy different traders trading needs and trading goals: Starter, Basic, Pro, and Executive.

Starter Plan- is designed for beginners, with a minimum deposit of $1,000 (truly high). With this account, traders can enjoy some account services like 30% investment, personal manager, email support as well as 24/7 support.

Basic Plan- is the most popular choice among these four plans. To start, traders need to fund at least $10,000 and a series of account offerings including 30% investment, personal manager, email support, and 24/7 support.

Pro Plan is more suitable for professional traders, with its minimum deposit as high as $20,000 and its account offerings are the same as the first two accounts.

An executive Plan is an account with the highest minimum deposit requirement. This account holder can enjoy 75% investment, phone & email support, executive manager, and 24/7 support.

Spreads & Commissions

Spreads and commissions are not disclosed on this brokerages website.

Trading Platform Available

It seems that Binary IQ Trade provides a proprietary trading platform. This brokerage hypes that its trading platform supports all devices and is equipped with a suite of powerful tools to support investment, easily available for everyone everywhere.

Deposit & Withdrawal

Only USD is available for a deposit. Withdrawal processing time depends on the payment methods and may differ from various payment methods. In terms of using electronic payment methods, the transaction time can vary from seconds to days. Direct Bank Transfer can take 3 up to 45 business to process.

Clients can withdraw a part or all funds from their account by sending the company a request for withdrawal containing the clients‘ order to withdraw money from the client’s account, which complies with the following terms:

Customer Support

For any inquiries, or trading-related issues, traders get in touch with this broker through the following channels:

Email: helpdesk.binaryiqfxtrade@gmail.com

A contact form (fill out required details, then wait to be connected).

Company Address: 19 West 34th Street, New York 10001.