IQ Option Review

IQ Option Review

IQ Option is a licensed and regulated online broker, owned and operated by Iqoption Europe ltd.. They are located at Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus. Their contact phone number is +44 20 8068 0760, and email address is: support@iqoption.com.

For withdrawal problems and broker complaints, read this.

IQ Option Platform Review

IQ Option is a unique broker using their own custom built trading platform for binary options, Forex, Crypto currencies and CFD’s on Stocks. The platform offers speed trading in increments up to 5 minutes. Their binary options go out 1 hour in 15 minute increments, and they have expiry times as far out as one month.

In July 2017 a new product called Digital Options were introduced. They have more than 500 underlying assets available for trading, with the only commodity they offer being Gold. IQ has mobile trading apps available for both Android and iOS.

Minimum deposit for a live trading account is only $10, and they new investors a free demo trading account.

IQoption Free Demo Account

Automated Trading Software

IQ Option does not provide any auto-trading robots. Investors looking for a trading robot, can see the popular algorithm software look here.

IQ Option License

When you are researching binary option brokers to detect a scam broker, the first thing you should check for is a valid brokers licensed from a reputable government agency.

IQ Option Europe is licensed and regulated by CySEC. Their licensed number is #247/14. A broker that is regulated by CySEC covers residents living in Europe. Outside of Europe, IQ is not a licensed broker. They are owned by IQOption Ltd, located at Global Gateway 8, Rue de la Perle, Providence, Mahe, Seychelles.

Traders from your country Are Not Allowed to Trade at IQOption! Go here to find a locally licensed broker.

The reason traders choose a licensed broker over an unregulated broker is because of the many online trading scams that exist online, and this usually avoids the complaints we see from traders.

iqoption binary options official

Compare IQ Option

If you want to properly compare brokers, and see the most popular ones this month, look here.

24option is a popular Forex broker licensed by CySEC in Europe. Minimum deposit is only $100 & they offer Mini Bitcoin trading, see here.

Expert Option is an FMRCC licensed binary options broker, with an easy trading platform and $10 minimum deposit, see here

General Risk Warning: Binary options trading carries a high level of risk and can result in the loss of all your funds

IQ Option Trading Account

IQ Option Review

IQ Option Review

IQ Option is a licensed and regulated online broker, owned and operated by Iqoption Europe ltd.. They are located at Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus. Their contact phone number is +44 20 8068 0760, and email address is: support@iqoption.com.

For withdrawal problems and broker complaints, read this.

IQ Option Platform Review

IQ Option is a unique broker using their own custom built trading platform for binary options, Forex, Crypto currencies and CFD’s on Stocks. The platform offers speed trading in increments up to 5 minutes. Their binary options go out 1 hour in 15 minute increments, and they have expiry times as far out as one month.

In July 2017 a new product called Digital Options were introduced. They have more than 500 underlying assets available for trading, with the only commodity they offer being Gold. IQ has mobile trading apps available for both Android and iOS.

Minimum deposit for a live trading account is only $10, and they new investors a free demo trading account.

IQoption Free Demo Account

Automated Trading Software

IQ Option does not provide any auto-trading robots. Investors looking for a trading robot, can see the popular algorithm software look here.

IQ Option License

When you are researching binary option brokers to detect a scam broker, the first thing you should check for is a valid brokers licensed from a reputable government agency.

IQ Option Europe is licensed and regulated by CySEC. Their licensed number is #247/14. A broker that is regulated by CySEC covers residents living in Europe. Outside of Europe, IQ is not a licensed broker. They are owned by IQOption Ltd, located at Global Gateway 8, Rue de la Perle, Providence, Mahe, Seychelles.

Traders from your country Are Not Allowed to Trade at IQOption! Go here to find a locally licensed broker.

The reason traders choose a licensed broker over an unregulated broker is because of the many online trading scams that exist online, and this usually avoids the complaints we see from traders.

iqoption binary options official

Compare IQ Option

If you want to properly compare brokers, and see the most popular ones this month, look here.

24option is a popular Forex broker licensed by CySEC in Europe. Minimum deposit is only $100 & they offer Mini Bitcoin trading, see here.

Expert Option is an FMRCC licensed binary options broker, with an easy trading platform and $10 minimum deposit, see here

General Risk Warning: Binary options trading carries a high level of risk and can result in the loss of all your funds

IQ Option Trading Account

Reviewed by Scam Broker Reviews
  • kasi

    can i use iq options platform in India?

    • Yogi Kashalkar

      u most definitely can…

      • Te Ap

        are you getting paid to promote them?

        • Yogi Kashalkar

          Sigh i wish i could… so far i have only made losses and thats not their fault ..it was my greed to invest more and more…my roomate made a 300 dollor profit though and withdrew it too… see u gta realise, its jst a broking platform like thousand others out there..its not some magical device to turn ur money into millions…

          • Te Ap

            Ok! but be careful because once you have over 1000€ with them, they dont payout so easily. In many cases they have blocked the account. Although I enjoy trading turbo with them but I am very careful with how much I deposit and how i withdraw. For IQoptions withdrawals take weeks. In case of BinaryBrokerz they never let you withdraw.

    • Iqoption Alex

      Yes you can, IQ Option headquarters are not located in India, you can trade on foreign platforms.

  • john

    IQ really just try to rip people off. I suggest you read the small print very carefully….

    If you activate a bonus you will lose all of your initial money guaranteed.

    I was naive enough to fall for their scam

    • Iqoption Alex

      Hello, John! The bonus can be rejected, therefore, you are free to reject it and withdraw your funds easily.

  • t0ol

    Its virtually impossible to get your profits north of 1k$ out of there, a clear scam

    • Iqoption Alex

      Please share your experience of having issues with withdawal, we will gladly comment.

  • Yogi Kashalkar

    its one of the best platforms available as of now.. i have been using this since 2 months now..payment withdrawals take 3-4 days…their response time is less than 12 hrs…their trading platform is simply the best…no platform comes close to theirs…

  • Yogi Kashalkar

    Hi gourav,

    I also was wondering the same thng initially..the thing is Forex trading is not illegal in India , the govt doesnt allow the INR to be traded against any world currencies which is why u wont find any Indian based forex/binary sites…you can trade in binary options from india on an international platform only at the moment..meaning u will have to put ur INR thrgh ur bank whch get converted into dollors/gbp/euro etc and u get paid back in the same currency…this mite make u lose a lil money as the bank will charge conversion fees..cheers !

    • gourav khobre

      so i can trade with iq option. there is no legal issue, right

      • Yogi Kashalkar

        definitely not…but jst consult ur CA once for tax purposes…

  • Te Ap

    I have read the same thing about them at many places. They dont pay back. For safety purpose always trade binary on Nadex

  • Ayeni Jeremiah

    is iq option a regulated broker or a software for trading. if its a software, because i installed it on my system, which broker works with it

  • Andrés Brando

    Good evening. I’m from Venezuela and I am considering to start in the Binary Option Trade business with Iq Option. I’m borried about the withdrawal process and the posibility of been scamed by them. I don’t even know if I can work this kind of business living in Venezuela or Latin America. If someone could help me with this I would be grateful.

  • Iqoption Alex

    Hello! If you are sure that IQ Option is a scam, please kindly provide the evidence of this so that we can comment for the fairness of your statement and benefit of other traders who would like to know the truth.

  • Iqoption Alex

    Dear traders, if you have any doubts about the transparency of IQ Option operation, please ask a direct question on our Facebook page and get a transparent reply. https://www.facebook.com/iqoptioncom/ – IQ Option official page

    • roger smith

      Alex how can you claim total transparency when you will not post my comments about legitimate problems people are facing using the platform, its been a week since my last post and my comment is still pending.

      It is clear you people at iq options will not respond to legitimate concerns, will dodge issues, and control this pages comments. You people lack common decency and integrity.

      Roger smith

  • Huzefa Wagpura

    IQ option is a Scam, don’t put your money in this scam. Their OTC trade is also a big scam. They will do all the thing so you lose all your money. They change the trend to make you in loss. They are just playing with you and your hard earned money.

    • DIF

      Excuses excuses… if you suck at trading. Stop scream scam every time.

    • Henry Mok

      Yes. iq option is scam. I had very bad experience with them. To deposit is easy but to withdraw is very
      difficult. You will loose all your savings if you trade with iq option.

  • nitin

    Hi To all
    I trade with many binary options
    1 question i have, take any asset compare the price with another ,, its shows a different price, tell me how its possible,if any1 need the proof contact me

  • peter781

    I download IQ option windows application. My antivirus found a Trojan. I check it with https://virustotal.com/ . It’s forund 3 trojans.

    Is it clean? Is this broker is OK?

  • Pierre Boulauck

    Those who say that IQ options is a scam are full BS!! I opened a real account started to loose in the beginning and now I am winning and no problems at all to withdraw…quite fast actually. Don’t listen to those morons.

    • Kai Siang

      how to withdraw the amount greater than the deposit amount?

      • Edward

        you’ll have to do it to a e-wallet. You can find int in their FAQ

        Basically you can get as much as you put in, directly back to your bank account within 90 days
        and everything that you win you will have to cash out via E-wallet

        • Mark Oliver Badelles

          what e wallet are using sir?

        • Mark Oliver Badelles

          is iq option really good? i just wanted to know it from you, Sir, I had a feeling you are trustworthy kind of person

          • Edward

            For sure it is trust worthy:)

        • Mohammad Bouhairy

          Does that work in the middle east?

        • STHABISO

          hey there which e wallet is the best to use coz im trying to make deposits and i aint succeeding?

        • Allen Mamahit

          Hi Edward, can you make the first deposit for IQ option using E-wallet like Skrill? Or do you have to make the first deposit using banking like credit card? thanks appreciate your info.

  • sola dave

    please what do we believe now about iq options? I intend to join this broker so i need a candid opinion from someone who has been using their platform for a reasonable period of time and could share experiences here.

  • Mysterious Robin

    I am believing this is a big scam. They keep cancelling my withdrawal request because I haven’t “provided the required documents” which I already did. Screw this, I just want my money.

  • Aidas Gruodis

    Hi guys,i need a help here. After months of hard work i started to make money on IQ option and i can’t to withdraw!!! Easiest way to deposit is by card and to withdraw up to same amount-which i done…You can’t withdraw more then deposited on card!! So my profits i try to withdraw with skrill and they come with message-the details of deposit do not match the details of the withdrawal!!! After 3 attempts i send complaints and waiting for responce…So question is-is there anyone here have used Iqoption or is there any binary broker which let u take profits??? Now I believe there is none…

    • Eva

      Write an e-mail directly to them on support@iqoption.com and include in the e-mail, the e-mails of the regulated bodies in Cyprus (CYSEC etc.), the problem will be resolved within days. Good luck!

    • Pritesh Solanki

      yes, withdraw to skrill and thn withdraw to your bank from skrill

  • WARLITO JR REFUERZO

    Hi Tiaan Nel,

    I am here. How to make profit out from this? When to put or call option ? Thanks.

  • Heathway Masters

    Very confusing this discussion. Some people say IQ Options is the best broker on the market, and others say it is a scam to be avoided. Just who is then to be believed. In my case, I intend to do more research to try and dig up the truth. Hoping also for more comments to appear on this site. My deep down feeling is that they are OK, and that some people are trading badly, and others are not following best methods to withdraw their money. Hmmmmm

    • Pritesh Solanki

      i use it, i also lost all my money at start because i was gambling instead of trading. but later i learned skills with demo account, invested 30$ and started to double it. i reached 1329$ in one hour and my initial loss was 700$. it paid me 1329$ to skrill on request. now i have learned trading, i will invest 100$ a week and keep doing the same, but iq pays. graphs are genuine, not controlled by them. for now you can trust iq

      • ozzy

        can you please give us proof that you withrawed your money from iq?

      • Dennis Waiharo Mwangi

        hey hows the going so far bro??

    • Devillobo69

      hi, i saw your confusion, if u see some people saying it’s good and others saying it is not, you will probably think the “noob” ones are the only ones who say it’s bad right? it’s normal, i will tell you something, my gf is a great trader and she traded a lot of money in iqotion, she withdrew it all, no problem so far, after a while she created another account because she was using a friends account to do that, well she deposited the money and started trading. After she couldn’t withdraw the money because the account was not verified, and they did not verify it so far, so i decided to create another account my self and i deposited 10€ and tried to verify the account after, same thing happened and i talked to the support, they told me to deposit more 10€ (yeah right like i’m that stupid), i said i wouldn’t do it because if i have money there without a verified account they can keep the money after some time, and the support assistant imidiatly said, “oh i’m sorry, send the documents again and i will verify it right now”, i did and she didn’t verify. So basically you are safe as long as you know what you are doing, otherwise they will take advantage of everything they can, verify the account first, make sure you have everything in order, and then you can enjoy it with nothing to worry about i guess, we no longer use it because of this unfortunate event, but if you want to use it make sure you have everything in order so they can’t take your money, otherwise they will.

      good luck with your trading

      • Lisa Hurst

        Hey, i really think you have a good point.
        I do have a question though if you can tell me more information about verifying the account. i mean how do i verify my account first?

      • Ingo Kleinen

        I agree 100%. First do the verification process so you will later not run after your money when try to withdraw your maturity deposit and your profit.

        This verification is a necessary thing and I agree that it is necessary for a regulated broker. But better like this than having a scammer who is stealing your money from the account.

        But right – first verify then trade

  • Mudit Misra

    is binary option legal in India
    i want to invest a big amount in binary options (through iqoption) but i am confused whether it is legal or not. my bank blocks my credit card everytime I deposit money to iqoption..
    I have searched a lot on this topic but still it is not clear to me. Forex trading is illegal in INDIA (due to margin trading) in some cases. But i don’t know about binary options.. binary options are not regulated by SEBI but does that mean it is prohibited under the law?

  • Manfred Mayen Mbedzi

    This is a big scam. They keep cancelling my withdrawal request because they say it was because of the holidays
    . Screw this, I just want my money.

  • chanti babu

    hello yuvaraj, is the deposit from card to iqoption still not working ? i’m from India. how can i contact you privately

    • Krish krishna

      i deposited from credit card and it was deposited instant

  • mfush dj

    Just a quick question here,do you people know that you can get in contact with your account manager at any time(provided its working hours ofcause), i have been with them for a while now, i have money and i have lost alot of money but as far as i know that was because i was gambling my money,my point is that you can acctually get any kind of help from your account manager unless mine is just being too nice to me.

  • Keiron Doyle

    yep confirmed scam they just data-mining , gave them all details and more and the refuse to accept documents that they specifically asked for . They will just take your money and refuse to verify so they can keep it

    • Eduardo Oxford

      IQ iptions is a SCAM! they will never let you withdraw your money!!!!!!

      • yvmanikanta sharma

        i try to withdraw, but they taking some ___rules.

        • Keith Meloche

          I have an account which is linked to Pacifica Alliance Bank—they are NOW telling me that I have to get a GOT PIN number to withdraw—-and that it’s gonna cost me 800 dollars for the PIN—what kind of a JOKE is that??? any thoughts??

  • M von Taurus

    I do have problems with IQ Options too ! I am working as Holiday worker here in Canada for 6 months time but my Residence Address is still in UK, my Bank, my Health Insurances (NHS), even my Voting Poll Card and everything are all registered in UK. The accepted my EU ID Card but for Address Verification documents they required the following according to their website – you can submit either of the following: Bank Statement or Utility Bills or Telephone Bills or others … And since I do not do Online Banking nor do I had some Utility Bills (I am renting all inclusive room for 3 years now) I had chosen OTHERS: which is my Voting Poll – there it shows them my complete Address, Residence Registration Number, the months validity and year being mailed to me … They declined it and keep on insisting to call my Bank and send my Bank Statement to Canada … They had been declining my NHS Insurance too which shows my address there … They wanted a proof of my address and any Legal Papers I had sent them like my Health Insurance, My mail and Voting Poll they declined it and told me to asked the Council to write me a letter saying that I am residing in that address … It’s almost 5 months now and soon I will be going back to UK and with all the hassle they have done – I do no longer wish to even join them!

    P. S.
    Whatever I deposited losses all and is now only £0.89 left …

    • Ingo Kleinen

      I had the same problem here in the Philippines. German Visa Card and Philippine address doesn’t work with IQ Option. In the meanwhile I have a Visa Card and a virtual Master Card from a Philippine electronic wallet. This works now.

      I used the address stated in my internet bill as well as I changed the German address now from my VISA Card account to my Philippine address.
      But the Visa Card I still cannot use until now for the deposit. The only use is for the address verification. My official Alien Certificate of Registration issued from the Immigration also contains my address as well as the official apartment rental contract. Everything made for verification processes.

      But we also must see it positive. Because this are measures due to regulation conditions to prevent from money laundry and scammers who try to catch your money. I hated this problems but I also see the positive in it.

      Beside that I had problems to deposit with SKRILL. 2 months I wasn’t able to transfer money with SKRILL to the trading account. I accused both SKRILL and IQ Option to cause this problem. In the end it was me who found the solution. Skrill blocked the entries of any devices on my account. So in the end I wasn’t able to use SKRILL from any device.
      Good that I saw the message that there is no device verified. After I told SKRILL to check the device entries my account was usable again within 1 hour.

      Why I am telling this … sometimes the problem with the withdrawals or deposits has something to do with the banks or the electronic wallets. It must not always be the broker.

      I sent my excuse to IQ Option because I have been really pissed … telling them about the problem and how I solved it. Hope that they put it in their list of recommended solutions that need to be checked.

      Regards
      Ingo Kleinen

  • Thapelo

    Greetings, am in South Africa and am looking for a best platform to use for online trading, I have been using IQ (Demo account) want to deposit for a real account so just wanted to pass by to check reviews!

  • Abdul Based

    All praise about IQ option. But I Think, They might have own technique in their software setting so that investors go in loss so that they can maximize more profit.

    • yvmanikanta sharma

      It is true

  • Allen Mamahit

    Hi Tiaan, what did you use to make first deposit banking or e-wallet? and what did you use to make withdrawals are you using an E-wallet account? thanks

  • Renz Raymart Espeleta

    IQ option has its costumer service, mail or call them rather than complaining here. And if it is a scam, SEC will detect it.

  • gautham bolar

    Does net banking work here to deposit & withdraw….?
    like HDFC & ICICI

    • Bijay Nayak

      no but you can pay with card

  • Vijay Antony

    Hi Bro even i am from chennai and i am trading in IQ Option for past 3 months but now i read that Forex Trading is illegal in India so have you face any problem becouse most of the time i deposit through Credit cards.

  • Derrick Amigo M. Mkhonza

    Ask yourself this question. Why would a broker wanna make you rich. I’ve been on this for a long time now. It will go opposite direction most of the time. Hence the description. “Don’t use money you’re not prepared to lose”…because you’ll definitely lose it.

  • Ingo Kleinen

    Usually IQ Option is announcing this maintenance some time before. Last week has been the same and there has been a message on the screen about the maintenance.
    I checked the relevant trades and closed the endangered trades.

    We don’t know about the technical problems but if there is a major issue of course it needs to get solved direct if causing more big problems. I hate messages like this but can we do?

  • sygnsr

    I was doing some forex trade in IQ Option for sometime now. When an important report is gonna be published you got to trade, this is the main reason why people trade in forex. So in the platform, Stop Loss and Take Profit options are available to customers. But it doesnt even work if the market jumps. Today, I take a position and adjusted Stop Loss at %5. But after the report announced, it stopped at %78. ???? Also this is not the first time. What the hell? And they say sorry, they cannot do anything. I don’t believe same thing would happen with Take Profit. So be careful when you are gonna trade. Especially when an important report is gonna be announced.

  • Mokgoba

    IQ Options is full of tricks, I had money in account, all of a sudden my money disappear and I am being told that due to security bridge they can not provide me with the IP address of the person who logged in. I think they are running a scam in the background. It does not add up that someone refuse to provide me with answers but rather say sorry. You can not say sorry when my money traded on its on.

    IQ Options is a SCAAAAMMMMMM…

  • Johnny Zilevu

    i send them id proof card proof , even with selifes but they just dont want to give me my money. i every time they say documents have not been provided , when i contact them they say please send you clear photos , i send them my photos and selfies with proof and bank card , and every time they give excuse documents have not been provided , my withdrawal request is pending from one week, and the big reason they are doing this to me which is i earn a profit of 13000 usd excluding my deposit.

  • Sultan Altamish Bangash

    well ur right thats what they do to me send this and send that and bt u ll nvr get ur profit from they i think they are scam