‎IQ Broker - Trading Platform (2024)

FAQs

Is IQ Option a good trading platform? ›

Best Trading Experience 2022

The IQ Option platform was recognized as the most elaborate and user-friendly, which got it to the top 20 best brokers according to Forex Awards.

IQ Option will not promise you that you'll win all the time in binary options using their platform, but you'll soon realize that with IQ Option, the risk will be much more manageable. The 17 million traders of IQ Option is proof of this.

Award-winning broker recognized and praised by the most respected experts of the industry. IQ Option is one of the fastest growing online trading brands in the world. Voted the best mobile trading platform, we have now expanded our offerings to include CFDs on stocks, ETFs and Forex trading.

Overall, IQ Option can be summarised as a trustworthy broker with a good reputation that provides a user-friendly trading dashboard, and quality educational materials. IQ Option is very competitive in terms of its trading fees with spreads well below industry standards.

Traders seeking a reliable and trustworthy broker will find a more suitable choice at Plus500 over IQ Option. While neither supports automated trading or the MT4 trading platform, the former offers significantly more trading opportunities due to a broader selection of assets.

Please make sure that your card is signed. If you use an e-wallet to deposit funds, you need to send us a scan of your ID only. All the documents will be verified within 3 business days after you make a withdrawal request.

Few assets

Unfortunately, IQ Option does not offer the widest variety of assets for you to trade with. At the moment this review was written, it only has a total of 260 in stock, ETFs, Forex, commodities and cryptocurrency CFDs. There are other brokers that offer more variety.

IQ Option is an upstanding and well-regulated broker that gives its clients access to the forex markets. As all brokers are required, all profits made from trading can be withdrawn into the account of the trader.

Now, this question is quite technical. But, the appropriate thing to tell you is: IQ OPTIONS is not allowed in the US. So, if your location is The United States of America, you cannot download and trade options with IQ Options. So, it's not about the traders, but, about the location.

How to withdraw money from IQ Option? To withdraw money from IQ Option, you can use bank or wire transfers, credit cards, debit cards, and e-wallet. The first withdrawal is free while subsequent withdrawals will have a fee of 2% of the withdrawal amount.

How long does it take to withdraw from IQ Option? ›

Withdrawal requests are processed within 3 business days. If you withdraw funds to a bank card, the payment system and your bank will require additional time to process this transaction. Conditions may vary depending on your location.

After hundreds of hours of comprehensive research, data analysis, and live broker platform demos, Fidelity Investments is our best overall online brokerage platform for investors due to its low fees, expansive product offering, wide-ranging full-service features, and so much more.

Best Overall - Zerodha

Zerodha, a top discount broker, excels in trading and demat account services. Positive reviews, a user-friendly interface, affordable fees, diverse investment options, and useful features like technical indicators and advanced charting tools make it the best choice overall.

IQ Option has a minimum trade amount of $1 and a maximum trade amount of $20,000. The maximum deposit amount per day is $1,000,000. The minimum deposit amount is $10 for standard accounts and $1,000 for VIP accounts. IQ Option also limits the number of options contracts you can purchase in a day.