Company Profile
Company Profile
Review summary
| IQ OPTIONReview Summary | |
| Founded | 2007 |
| Registered Country/Region | Antigua and Barbuda |
| Regulation | No regulation |
| Market Instruments | Forex, CFD Stocks, Cryptocurrencies, Commodities, ETFs, Indices |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | IQ Option APP |
| Minimum Deposit | / |
| Social Trading | ✅ |
| Customer Support | Email: support@iqoption.com |
| Address: The Colony House, 41 Nevis Street, Saint Johns, Antigua and Barbuda | |
| Social media: Instagram, YouTube, Twitter | |
IQ OPTION was registered in 2007 in Antigua and Barbuda, which is a broker focusing on forex, stocks, cryptos, commodities, ETFs, and indices markets. It provides a free demo account and a social trading platform for traders to communicate. However, this company is not regulated, and it does not reveal details about accounts.
Pros and Cons
| Pros | Cons |
| Long operation time | Lack of regulation |
| Demo accounts available | Lack of transparency |
| Social trading platforms provided | No MT4 or MT5 |
| Diverse tradable assets | Limited types of payment options |
| Trading tournaments organized | Inactive fees charged |
| Withdrawal fees charged |
Is IQ OPTION Legit?
No, IQ OPTION is not regulated by financial regulatory authorities in Antigua and Barbuda, which means the company lacks regulation from its registration site. Therefore, please be aware of the potential risks!
What Can I Trade on IQ OPTION?
IQ OPTION provides several types of products, including forex, CFD stocks, cryptocurrencies, commodities, ETFs, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| CFD Stocks | ✔ |
| Cryptocurrencies | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| Futures | ❌ |
IQ OPTION Fees
IQ OPTION charges an inactive fee of 10 EUR if the account remains inactive for 90 days. Besides, it also charges termination fees, which can be up to 5 EUR.
Trading Platform
IQ OPTION uses its own trading platform, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| IQ OPTION APP | ✔ | PC, web, mobile, mac | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Social Trading
IQ OPTION provides a trading community platform, which enables traders to communicate and share their experiences.
Deposit and Withdrawal
IQ OPTION supports electronic payment systems, bank cards, and wire transfer options. Besides, traders can have a free withdrawal per month.
| Withdrawal Options | Minimum Withdrawal | Withdrawal Fees | Withdrawal Processing Time |
| VISA/MasterCard | 2 EUR/GBP/USD | 2%, max 30 EUR/25 GBP/30 USD | Instant |
Trading Tournaments
IQ OPTION holds different types of trading tournaments, and the prize pool varies. Take the current tournament for example, the prize pool is $3,000.
FX3924633165
Peru
After a couple of months, I wanted to access my account and was surprised to find my account blocked. Why? Only the broker would know.
Exposure
FX2844051242
Colombia
When you're on the demo account and use your strategy it works, as normal in the markets the candles are fundamental patterns for a successful operation, which seemed strange to me because seeing that my strategy was working I decided to invest in the real account thinking that I would grow my account quickly. But it was not the case, in the real, the type of graph moves almost the same in the demo and the real, with the difference that in the real there is a lot of market manipulation, creating deceptive patterns and making you lose money.
Exposure
FX2740964445
South Africa
I'm blessings and was scammed R1000 rands and was made to believe I had R13600 profit I never got
Exposure
Marco M.
United Kingdom
By browsing posts and updating, I can see more possibilities of trading. I also made friends on this platform. When I have doubts, I may post, and people sometimes share their views under my posts. Very convenient!
Positive
快手-提款机
Thailand
Let me tell you, IQ Option is the real deal. Their trading platform is top-notch and the overall environment is great for trading. What really impressed me though, was their demo account feature. It allowed me to test the waters before diving in, which helped me feel more confident about my trades. And don't even get me started on their low minimum deposit - it's perfect for newbies who don't want to risk a ton of cash. Plus, their platform is super easy to use, making it a great choice for anyo
Positive
Means
New Zealand
IQ OPTION is a complete scammer, it scammed me out of tens of thousands of dollars, and it is still in business! Why hasn't it been punished by law?
Positive
FX3218771864
Nigeria
This broker are manipulating the chart, they are thieves.... please stay away. They maneuver the chart. check screenshots below
Exposure
FX1772242963
Nigeria
the site closes anytime and also the demo account and the real account are not the same the demo account is not real the $10 demo account is fake
Exposure
FX3521411557
Nigeria
lost 6,800 naira with IQOPTION this the second time
Exposure
RachelDamilolaSamuel
Nigeria
guys pls let stay away from IQ options,I invested d sum of 1000 naira 2 time,after that i was told 2 invest more 4 me 2 have a higher capital which i invested d sum of 2000 naira again 2 time after a couple of day i tried logging into d website but it keep writting website unable 2 connect,that was how i was scammed,and was unable 2 withdraw my hard earn money,pls let all stay away 4rm IQ option,they re fraud.
Exposure
Davidade
Nigeria
I was introduced to this app by several people, I initiated the app and started using it but to my surprise the app was a total fraud, I tried withdrawing from them but it wasn't working, I can't even login again. so then I left the app.
Exposure
FX9131715182
Nigeria
THEY SCAMMED ME THE RECORD AND THE SIGNAL IS FAKE SIGNAL AND I TRY TO RENEW IT BUT ITS SHOWING ME UNAVAILABLE
Exposure
Ajibade Peace oluwadarasimi
Nigeria
I was introduced to this platform and i was asked to deposit 2000naira Ever since have make the deposit i did not get my money back Pls is this scam
Exposure
FX2630413316
Nigeria
My Case is: Problems with IQOption started in the late December 2016 when I had some issues with latency in order execution and impossibility to close early an option. As a result, the amount of $100 was lost. After several talks with my account manager and sending some proves, he managed to recover just around $40. I was assured that problems have been resolved as well. Because of this, I didn't find any reason to complain officially. Unfortunately, the same problems occured on 23 March 2017
Exposure
Mira Omaa
Nigeria
Got an invitation from a friend on a FOREX &BINARY TRADING Also on Telegram.With its promises to help trade I got scammed and he also.with over $5000 lost to these men.Please be careful do not trust them,you will get no money out.
Exposure
FX1634461262
Nigeria
A MASSAGE ME ABOUT IQ OPTION INVESTMENT PACKAGES AND HE CLAIMED TO BE A LADY HIS PROFILE PIC AND NAME ARE CHANGED. I TRUST HIM AND INVESTED 20,000 FOR AN INVESTMENT AFTER HE RECIEVED THE PAYMENT HE STARTED MISBEHAVING TAKE NOTE DONT INVEST WITH FAKE BROKER
Exposure
FX3690287516
Nigeria
Unprofessional emails we got from the "company stay away from such scammers they will finish you and leave you in sadness
Exposure
woundedlion
Nigeria
I can't withdraw my profit of $100 for close to 1 month now......iq was my best broker but not anymore....I quit
Exposure
Rey
Philippines
Unable to withdraw. It left me. Please help me get my money back. Thanks.
Exposure
CROWN
Nigeria
unable to withdraw fund
Exposure
FX2672640156
Nigeria
This guy uses different account on facebook to scam people, he got over 150$ from a friend. Pls beware of him. he's a scam, posting the same thing everyday to get his victims
Exposure
FX1367892350
Nigeria
Do not open account in scam brokers because at the end you lose your nerve and money im very sad and in a trauma for my hard work and trades that has not a good end because this broker is Scam
Exposure
Viral Fix
Nigeria
After Investing A lot on IQ Option, I was unable to withdraw my own money ever since.
Exposure