IQ Option- Some Detailed Information about This Broker
Resumo： IQ Option is an unregulated broker, offering trading on forex, stocks, cryptos, commodities, indices, and ETFs with leverage up to 1:3000 and spread from 0 pips on IQ Option trading platform. The minimum deposit requirement is $10.
| IQ Option Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Antigua and Barbuda |
| Regulation | No regulation |
| Market Instruments | Forex, stocks, cryptos, commodities, indices, ETFs |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:20 (forex) |
| Up to 1:3000 (stocks) | |
| Spread | From 0 pips |
| Trading Platform | IQ Option |
| Minimum Deposit | $10 |
| Customer Support | Email: support@iqoption.com |
| Address: The Colony House, 41 Nevis Street, Saint Johns, Antigua and Barbuda | |
| X, Instagram, YouTube, Twitter | |
IQ Option Information
IQ Option is an unregulated broker, offering trading on forex, stocks, cryptos, commodities, indices, and ETFs with leverage up to 1:3000 and spread from 0 pips on IQ Option trading platform. The minimum deposit requirement is $10.
Pros and Cons
| Pros | Cons |
| Demo accounts | No regulation |
| Various trading products | Inactivity account fee charged |
| Flexible leverage ratios | Withdrawal fees charged |
| Low minimum deposit | No MT4/MT5 platform |
| No deposit fees | No direct contact channel |
Is IQ Option Legit?No direct contact channel
No. IQ Option currently has no valid regulations. Please be aware of the risk!
What Can I Trade on IQ Option?
IQ Option offers trading on forex, stocks, cryptos, commodities, indices, and ETFs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| ETFs | ✔ |
| Options | ❌ |
| Bonds | ❌ |
Account Type
IQ Option offers demo accounts and Islamic Account. But it does not mention anything about live accounts.
Leverage
IQ Option offers flexible leverage options, varying by product. However, high leverage can amplify both profits and losses.
| Asset Class | Maximum Leverage |
| Forex | 1:20 |
| Stocks | 1:3000 |
| Cryptos | 1:5 |
| Commodities | 1:1000 |
| Indices | |
| ETFs | 1:20 |
IQ Option Fees
If an account remains inactive for ninety (90) consecutive calendar days, IQ Option may charge an Inactivity Fee of€10. The annual fee will not exceed the total balance of the Client's account.
In cases where the remaining balance in the client's account is equal to or less than €5, the broker reserves the right to charge up to €5 (five euros or its equivalent amount in another currency on the day of the deduction of the fee) for closing the account due to lack of verification.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| IQ Option | ✔ | Desktop, mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
| Deposit Options | Minimum Deposit | Deposit Fees | Deposit Time |
| Visa / Mastercard | 80 HKD, 10 EUR/USD/GBP, 700 RUB, 71 CNY | 0 | Instant |
| Volet.com |
Withdrawal Options
You have 1 free withdrawalper calendar month. The minimum withdrawal amount is $2.
| Withdrawal Options | Minimum Withdrawal | Fees | Processing Time |
| Visa | 15 CNY, 3 EUR, 2 USD/GBP, 16 HKD, 231 RUB | 0 CNY | Instant |
| 2%, max 30 EUR/USD | |||
| 2%, max 25 GBP | |||
| 2%, max 240 HKD | |||
| 2%, max 1500 RUB | |||
| MasterCard | 14 CNY, 2 EUR/USD/GBP, 16 HKD, 200 RUB | 0 CNY | |
| 2%, max 30 EUR/USD | |||
| 2%, max 25 GBP | |||
| 2%, max 240 HKD | |||
| 2%, max 1500 RUB | |||
| Volet.com USD/Webmoney WMZ | 0 CNY | 1 - 3 business days | |
| 2%, max 30 EUR/USD | |||
| 2%, max 25 GBP | |||
| 2%, max 240 HKD | |||
| 2%, max 1500 RUB |
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