Is IQ Option a Scam? Read This Brutally Honest Review

Good! Recommended 9.3/10

IQ Option
Regulated: CySEC (EU clients only)

Broker Name:	IQ Option
Platform:	FX, CFD, Bitcoin
Founded:	2013
Bonus:
Return/Refund:	see T&C

No. Of Assets:	500+
Regulated:	CySEC (EU clients only)
Demo Account:	Yes
Minimum Deposit:	10
US Traders:	Not Accepted

Last Updated 10/28/2026

IQ Option Review

by Martin Kay

Disclosure: ThatSucks.com is reader-supported. Some links on this page are affiliate links, and we may earn a commission if you open an account through them. This doesn’t change the facts we report.

Risk warning: Trading CFDs, options and fixed-time trades is high risk, and most retail traders lose money. Only trade with money you can afford to lose. Check that the broker is allowed to serve residents of your country before you open an account.

Editor’s Note: Why IQ Option Doesn’t Suck in 50 Words

IQ Option is one of the most recognisable trading apps around, with 8M+ registered users on its EU platform alone. You can start with $10, trade from $1, practise on a free $10,000 demo you can top up any time, and pay no commission on deposits or withdrawals. Support is 24/7 and multilingual.

Why IQ Option Sucks in 50 Words

Withdrawals need a verified account, and verification normally takes 1 to 3 business days, so do it before you need your money. Card withdrawals depend on your bank and can take a while; e-wallets are usually the fastest way to get paid.

Is IQ Option a Scam?

No, IQ Option is a long-established platform with a regulated arm. Clients in the European Economic Area are served by IQOption Europe Ltd (now listed as IQBroker Europe Ltd), a Cyprus Investment Firm licensed by CySEC (licence 247/14). Clients outside the EEA are served by a separate group company that does not hold a CySEC licence, so EU investor protections apply only to EEA accounts.

Notice! A free demo account is now available upon registering a new account at IQ Option. Take advantage of the FREE Demo Account Now!

*Risk Warning: CFDs are complex instruments and entail a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This page is not addressed to the Belgian public.

Should You Open an Account with IQ Option?

If you want a polished, beginner-friendly platform, IQ Option is a strong pick. The minimum deposit is $10 and the minimum trade is $1. The $10,000 demo is free and refillable, so you can test strategies with no risk. EU clients get 300+ CFD assets. Download the app, try the demo, and switch to real money when you’re ready.

A list of countries accepted by IQOption Europe Ltd can be found at the bottom of this review**.

IQ Option entered the marketplace in 2013, and since then they’ve done a great job of differentiating itself from other brokers. First of all, their platform is proprietary; you won’t find it anywhere else. The most significant advantage is the charts, where Japanese candlesticks and many other technical indicators can be used. This is a big thumbs up because sometimes it’s hit or miss in regards to the trading platform and many times brokers severely suck when it comes to charts and additional technical tools.

IQ Option can be contacted via phone, email ([email protected]), and live chat. The listed headquarters address is 82nd road, 4 Kato Polemidia, 4153, Limassol, Cyprus.

IQ Option Features

IQ Option has developed into an advanced broker offering CFDs on Cryptocurrencies, FX, Commodities, Stocks, indices and ETFs. There are over 60 FX pairs to trade, 20 Cryptocurrencies, over 350 Stocks, and over 20 ETFs (Exchange Traded Funds), all of which are traded via CFDs. Please keep in mind that the number of assets is subject to frequent change.

“EFT trading is a brand-new product and a fantastic way to expand your portfolio. ETFs work by tracking commodities, indices, and baskets of assets, and are traded in the same way as common stock on the stock exchange. Investors can sell short, buy on margin and buy as little as a single share in their chosen asset.”

While trading FX and some other asset classes, the client can choose a loss or gain percentage when the position will automatically close. As an example, if you open a $30 FX trade and you set the loss percentage at 50%, and the price goes against you, causing a $15 loss, the trade will be automatically closed by the system. Of course, this feature can be used if the trade is in profit; for example, you can choose to have your trade closed automatically when it reaches a 50% gain. This way you don’t have to be in front of your charts at all times.

As a brand new addition to their line-up of trading ways, IQ Option has introduced FX Options. FX Options is a proprietary instrument created by IQ Option and can be closed before it reaches maturity. The upside profit potential is unlimited according to IQ Option, while the loss is limited to the initial investment.

Another extra is IQ Option’s blog which seems to be very up-to-date with interesting articles and titles to dig through such as: “Cryptocurrencies Buy & Hold vs. CFD Trading. What Is Better?” or “Why IOTA Recovery Is Not a Sign of Long-Term Growth.” I see several blog posts just from the previous 24 hours which is amazing. Most brokers have an outdated and “given up” calendar or blog, but this is excellent material and very recent.

Notice: Interested in opening an account with IQ Option? Start with a $10 minimum deposit.

How to Withdraw from IQ Option

Step 1: Verify your account. Confirm your email, add your personal details, and upload a valid photo ID (passport, ID card, residence permit or driving licence). Checks normally take 1 to 3 business days, and you can start right after you register.

Step 2: Withdraw to the method you deposited with. If you deposited by card, you can withdraw up to the amount you deposited by card in the last 180 days back to that card; anything above that goes to an e-wallet or bank transfer.

Step 3: Track it. The Withdrawal section shows the status: Requested, Hold (send extra documents), Funds sent, or Cancelled.

How long does it take? IQ Option processes requests within up to 3 business days. After that, e-wallets usually arrive within 24 hours, bank transfers in about 1 to 5 business days, and cards can take up to 21 business days depending on your bank.

Are there fees? IQ Option says it charges no commission on deposits or withdrawals.

Tip: open the account in your own name and keep the same details across your documents and payment methods. Mismatched details can hold up a withdrawal.

IQ Option Bonus

The bonus is no longer available at IQ Option in compliance with the new CySEC regulations.

IQ Option Extras

Their innovative platform can be considered an extra feature, with professional charts that offer Japanese candlesticks, tons of technical analysis tools, and macroeconomic news at the tips of your fingers.

Trading Bitcoin With IQ Option

IQOption offers a wide basket of cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Ripple, Tron, Dash, and others. Spreads are displayed in percentage form and at the time of writing, it was about 2% for Bitcoin and 4% for Bitcoin Cash. Crypto trading is limited to Contracts For Difference so you cannot buy and transfer digital assets to your crypto wallets.

If you are completely new to IQ Option, you will find their platform very intuitive and easy to use, but keep in mind that day trading (opening multiple transactions during a day) can be tricky and risky.

IQ Option Ratings

User Friendly 19/20

The website is available in 17 languages and that is above average, but the platform can be a bit hard to get used to if you are a completely new trader; however, I don’t think this will be a big problem because it’s pretty intuitive. Everything else on the website is well-structured and easy to find. US traders are not accepted. Check the terms and conditions for the full list of countries that are not accepted. Demo accounts are available free of charge and without a time limit, as well as mobile applications for iOS and Android.

Range Of Markets, Spreads, And Leverage 17/20

They offer hundreds of assets to trade, including over 20 Cryptocurrency pairs (Bitcoin/USD, Bitcoin/Ethereum, Litecoin, Ripple, etc.) and 43 FX pairs, as well as tons of Stocks and 24 ETFs, all of which are traded via CFDs. Spreads are very low (below 1 pip for EUR/USD at the time of writing) but can change during increased volatility. Leverage goes as high as 1:30. Crypto assets only benefit from 1:2 leverage.

Fees And Support 18/20

There are no commissions to open an account with this broker, which is standard for the industry. There is, however, a dormant account fee of 10 EUR after being inactive for 90 days in a row. A live chat feature is available right on the trading platform and it’s actually pretty responsive but traders also have the option to use email/phone support.

Deposits And Withdrawals 19/20

The minimum deposit is $10. Both deposits and withdrawals can be made via bank transfers, Visa, MasterCard, Maestro, WebMoney, Skrill, and Neteller. Withdrawals are processed within up to 3 business days, and it can take up to 21 business days for the money to reach you, in case you are using cards. Withdrawals for EEA traders are free.

Extras 17/20

As mentioned before, their platform is extra on its own because it is unique. FX Options are another feature that merits some attention.

IQ Option Overall Ratings (90) + Regulated (+3) = 93/100

Notice! A free demo account is now available upon registering a new account at IQ Option. Take advantage of the FREE Demo Account Now!

**Unavailable countries: Belgium, the Czech Republic, Switzerland.

For the record: India’s RBI (Alert List, updated Nov 2025) and Malaysia’s Securities Commission list IQ Option as not authorised in their countries.

Sources (checked 28 Oct 2026)

CySEC register: https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/40647/
EU platform figures (8M+ users, 300+ CFD assets, zero-commission payments, $10 deposit): https://iq-option.com/lp/online-platform/en/
Beginners guide ($1 trade, $10,000 demo, 24/7 support): https://blog.iqoption.com/
Verification: https://blog.iqoption.com/en/how-to-verify-your-iq-option-account/
Withdrawals: https://blog.iqoption.com/en/iq-option-withdrawal-process-rules-and-limitations/ , https://blog.iqoption.com/en/how-to-withdraw-from-iq-option/ , https://blog.iqoption.com/en/how-to-withdraw-from-iq-option-iq-option-withdrawal-methods/
RBI Alert List: https://rbi.org.in/scripts/bs_viewcontent.aspx?Id=4235 · SC Malaysia: https://www.sc.com.my/investor-alert-list

84 Responses to “IQ Option”

Sort By:

Mia Cox
02/08/2022 08:47

Withdrawal not processed
My account is already verified and was able to previously make a successful withdrawal for an amount of a mere 68.45 which took 2 business days to process. When I made additional deposit of 195USD and made a profit until my account grew to 532.35USD, my withdrawal status has been “in process” for more than 3 business days already. This is fishy as it gets. When I tried to inquire with customer support, they told me that my account is under review/validation as it was in the terms and conditions but cannot provide how may days it will take until it’s done. What kind of process is that? Please don’t trust this broker. I am about to file a compliant with CySEC.
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Daniel
01/30/2022 17:14

IQ BOT
What is your opinion on their BOT. I have been trying it on Demo and seems fine. IS IT REALLY RELIABLE?
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John
01/16/2022 14:09

IQ Option review by John
IQ will be very irresponsible & delay looking into your problems if you have. I experienced multiple times when I suspect their server/platforms had technical problem & their platform’s price simply fluctuate within very small range & doesn’t move unlike the actual market price movement for that assets but IQ support will deny & gave you ridiculous reasons & ignore you. Be Careful.
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Antony C.
10/04/2020 14:53

Painkillers Answers with no results
I got contacted by VIP Manager from IQ option & she asked me to deposit 2000 US Dollars to get it “also received email that the call was recorded”, thereafter several communication with support team on live chat & emails for at least 1 reasonable justification why VIP cannot be granted, I received one simple email that pissed me off “The operators you were in touch with evaluate your account and forward the information to the VIP department.
The status is granted at their discretion.
You are welcome to try again next month.
Kind Regards
IQ Support Team”
it is like a kind of jokes I cannot handle anymore at this age!
I do not know really how to evaluate IQ Options, but that way of sweet painkilling responses forcing me to loose trust of IQ option readabilities. I am indeed disappointed & pissed off.
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Eduardo C
06/14/2020 16:08

Delayed withdrawal
IQ Option takes its sweet time at its convenience to let you withdraw your money. My withdrawal request has unreasonably remained “in progress” for 45 days now, and the status hasn’t changed. It’s a crap to always get a reply that it is being handled by the relevant department. Now have to resort to report the matter to the CYSEC, with incriminating documents to be submitted. They simply do not play fair.
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Tubby7cat
05/02/2020 02:08

Highly Recommended Broker for Malaysians
I’ve used several platforms for my trading and must say that IQ Option has one of the fastest deposit/withdrawal of cash that I have ever seen.
Their platform is also easy to use but the number of chart indicators and settings are good for beginners but not good enough for professional traders such as myself. I have to use other charting platforms such as CMC Markets and then execute my desired trade on IQ Option. Takes some getting used to, so test the latter demo account. What’s more it’s very easy to switch between the test & live account with no deficiencies unlike CMC Markets.
In Malaysia where I use the platform, they also have tie-ups with the local banks such as Public Bank, CIMB, Maybank etc. and that gives me confidence about the trust factor within the local financial regulators.
Thumbs-up.
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Profesional car detailer :)
02/13/2020 20:01

NO scam
I was reading reviews and realy tought they are scam… so I went straight on withdraw option and my money were on my neteller account in less than 24h…so for everyone that coments It is a scam I bet they have never made depozit and cash out… I guarantee that It is no scam.. I don know how to post picture here I would send images from cash out time and recived time… It is no scam and all my money were here 1year invested on bitcoin. I was 30percent up on my deposit.. I didn know what to do back then and put all my poker bankroll on bitcoin. I didn need It 1 year and now everything is ok.. I WROUTH THIS REVIEW JUS BECOUSE I WANT EVERIONE TO KNOW IT IS NOT A SCAM..
BY the way I don give a f for anything but my dollars :)
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- Tommy
  03/13/2020 01:02
  
  IQ OPTION IS A SHITTY BROKER
  I referred a friend of mine t iq option back in 2017 as we were both started to trade and everything was fine until last month on the 19th of february 2020. He made a small withdrawal of $200 and to date he never got his money. The status says “withdrawal is pending” but nothing is happening. In their policy and regulations it is stated that withdrawals takes a maximum of 3 days to be processed from their side but they just fooling people. If you got your money count your blessings because other people are crying foul due to Iq option’s dodgy business practices.
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Matshoane Laxy Lekgau
07/22/2019 11:27

Manipulation of account history
My account was blocked due because I had to two more accounts. I was therefore adviced to block the two, which I did. I found out that my account was now on 0.00, while before it was blocked it had 3050, and I’ve made a withdrawal of 2500 pounds.
Next thing, I can’t see mh account history for this month. They’ve sent me an old statement, which doesn’t even cover this month.
They’ve manipulated and fubricated the statement. They now demanding screenshots regarding the balance. I didn’t take any, because I never knew I’d experience such and that it’s a reliable broker. But then no, I was wrong.
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Isaac Azubuike Onyemuwa
08/22/2018 13:49

I have traded with IQ option
I have traded with IQ option for some times now.
I have had good and ugly experience with IQ option.
IQ option has an easy platform, good support team but they always have something to hide.
I booked a trade at the platform for $10 for USD/zar. My account was debited for the amount but it never showed on my transaction history.
I chatted them, firstly they said they did not have such instrument. When I print screen and sent to them. They promised to look into it. Finally I was told that it is not in my transaction history, which is why I reported. Therefore I did not do it.
I requested for my account statement which shows how money leaves my account and the purpose. I was denied of that, and they said they don’t give statement.
From that moment, my trades started turning against me. Each trade I chose always point downward up to 200% to 300%. The worst is that they turn against USD.
I knew that iq option influences their system. Why can’t I see my account and why is it only known to them.
If you trade always you will know that there are some currencies that fluctuate regularly and they can’t fall to 200% at a go in a day. Does it mean that, that country economy’s is crashing?
IQ option based on my experience is a scam. If you must trade, Trade with caution.
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Dhanushka
07/30/2018 07:39

This is the most valuable and
This is the most valuable and worthy trading broker which I ever seen. This is pretty simple and their support team is also very friendly and they are always with us to guide us. Still I am practicing and I wish to invest on my real account as soon as possible. Thanks IQ Option
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sam
07/20/2018 07:15

No doubt Iq option are one
No doubt Iq option are one of the best brokers out there. However I will like them to increase the timeframe in their digital options up to 30minutes rather than the maximum of 5minutes. Thanks
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ben
06/25/2018 11:57

I'm fully satisfied with IQ option
I’m fully satisfied with IQ option, more than every other broker I traded with . all in all it’s a good broker, everything goes smooth and im pleased.
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Joe
06/11/2018 13:53

I'm trading with IQoption for over
I’m trading with IQoption for over 7 months. 0 complaints and I had serious issues with them. They solved all. I cant believe to some of the reviews people write, Iqoption is a fair broker.
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Ngafor
05/01/2018 14:40

I can confirm that you guys
I can confirm that you guys are ok, because with the min deposit of $10 I actually traded. Though i’ve lost the small $10 investments several time, i was satisfied that when i tried a withdrawal of as little as $2, $5 or $10 on several occasions they were actually deposited back to my card within 3 working days. I’ll love to increase my investment but i am not good at trading alone so i don’t know how IQ team can help me out.
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Mon
03/23/2018 13:17

I been using IQ Option two
I been using IQ Option two weeks now, so far I don’t encounter any problem, the web version, desktop version and also the mobile version, even at my work, I can trade using my mobile phone and didn’t encounter any problem, the deposit is good and also the withdrawal I just receive my first payout using my debit card in just 3 days. Thank u so much for the great service!!!
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Nomsa Mangwane
03/23/2018 12:02

I enjoy iQ option platform is
I enjoy iQ option platform is fun and my withdrawals were easy
so far everything is good
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ofor
03/07/2018 14:15

hmmm
hmmm! i have been using the demo account it works so well, and the educational videos are informative as well. however, with the reviews am seeing here am afraid of going live. the main issue is that its same (negative reviews) with other brokers. so i don’t even know who to trust. i believe there must be a positive broker out there
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Rama
01/18/2018 03:15

Hello
Hello,
Just would like to know if it is legal from Oman and from UAE (anyone experienced it?) and furthermore the maximum allowed withdrawal.
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Marc
01/17/2018 13:15

Best Binary Broker
Best Binary Broker.. I dont have a problem with the withdrawal..
Support is good too.. they help me everytime I chat them..
For my rating 4/5
Sometimes it has a delay on the trade execution..
Thats the ony issue i’ve encountered..
So far the platform is good
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martin
01/11/2018 23:00

They charge 10% fee for entering
They charge 10% fee for entering the market – that’s a rip off!
Then they have huge spreads, much greater than in the other platforms – that’s another 10% I think.
They make problems with withdrawals to bank accounts, terrible.
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Leong
01/11/2018 04:44

Hello Sir
Hello Sir, the administrative.
I am citizen of Bhutan, a small himalayan country located in between India and China. I am interested in your money making application and website IQ option. But since I being from a not widely known country, brings me a doubt in my mind that will it work in here. I mean will I be able to do the Pay and Call, and make some decent money and also first of all do registration. And withdraw as well.
Would be greatfull if sir could clear my doubt as for this.
Thank You
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Deniz
01/06/2018 12:31

%10 Commission is too high
%10 Commission is too high. İ didnt see in other Trading app. Maximum Commission is %0.05 in other app.
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- Adham
  01/11/2018 00:40
  
  Where did you see %0
  Where did you see %0.05?
  All platforms i know charges %10
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- IQ Option Support
  02/08/2018 18:56
  
  Hello Deniz
  Hello Deniz!
  The commission can be lower.
  Last week it was 3.9%
  Anyway, thanks for the comment, we will take it into consideration!
  IQ Option Support Team
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Eric
12/27/2017 11:05

Hi
Hi, can anyone pls enlighten me..
Its says on the policy, withdrawals are available to same card used and same deposit?
What if you gain more and wants withdrawal via same card?
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William Makota
12/25/2017 21:05

Hi
Hi,
My question is on your platform can one make a long term investment in cryptos? I am interested in one of the cryptos found on your platform. However l do not intend to sell and buy on a daily basis but would rather prefer making a consideration after some time.
Regards,
Bill.
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Osama
12/17/2017 07:17

The commission is extremity high when
The commission is extremity high when we are talking about Crypt .. 10 % and on top of that the Buying and selling price is 10-12% difference from the Market … Any Thought ?
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lee
11/30/2017 07:57

Hi
Hi,
i opened an account 3 weeks ago together with a few friends. After making some profit iqoption closed my crypto currency CFD trading menu. However, my other friend still has this option to trade. at times, purchase / sell order failed to go through.
Seems unfair.
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- IQ Option
  12/12/2017 15:51
  
  Hello Lee
  Hello Lee!
  Unfortunately, at the moment Crypto assets for CFD instrument are not available for trading on the platform. The decision was made due to the fact that currently there is lack of liquidity for crypto assets. You can close your open positions anytime you want.
  So technically it is impossible to open new positions, your friend had opened ones.
  We apologise for any inconvenience this might have caused.
  Regards,
  IQ Option Team
  00
Muhammad Raza
09/14/2017 12:28

These binary options mobile app always
These binary options mobile app always come with a new name and go and hide ,once they collected millions of dollars from peoples ,and just ran out from the market .They invest thousand of dollars in marketing and once they gain popularity online , they scam with different techniques , like some errors in account , payment doesn’t approve .There are many other cheating techniques they apply .. And once their scam is revealed or many people start bad reviews ,they collect money and ran out .
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- IQ Option
  12/12/2017 16:04
  
  Hello Muhammad
  Hello Muhammad!
  I want to reassure you that we are a well-known and reputable broker providing services in more than 170 countries all over the world. We have reliable providers of quotes .
  We don’t use any cheating techniques.
  Recently binary options apps have been removed from the Apple Store, that’s why they banned our mobile app for iOS but you could trade from the web version/ desktop/ Android app. After that we created new app IQ Option Broker without binary options, so our traders could continue using iOS app.
  If you have any questions or issues, please don’t hesitate to contact our support.
  Regards,
  IQ Option Team
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mido
09/12/2017 17:01

i agree with you totally
i agree with you totally ..
my account was normal as long as i,m losing
when i start winning .. the account was fine till the moment the profit exceeds my deposit .. they start to manipulate my account .. totally control their program delaying orders .. lowering the profit rate too much for example from 85% to 35 % .. the withdrawals take 3 weeks to skrill .. i was surprised .. they do not have to do this ..already taking your commissions ..i,m preparing a complain to their regulator with screenshots and videos that i,ve taken although i think they will do nothing ..
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huseyin
09/02/2017 07:01

Hello i have deposit many times
Hello
i have deposit many times and withdraw many times, But when i have made 2900 euro with 600 euro, Then suddently I need to verificate my accound??? What a bullshit!!! I have verificate and withdraw a lot of times small ammounts,
Why i decide to withdraw was becouse of they do everything to let you loose!!! When i am earning big, i cant close forex trade, When the price moves far away from my positife trade and ending in lossing trade 611 eyuro! they wil conect my to broker, then i have only 1 choice to close,becouse i wil loss erverythingm,if i dont close, i have every day every hour a lot of bulshit problems, disconecting problems, and other realy strange problems,
Then i decide to withdrwaw, then i get message you need to verificate your accound! WHTEFCK???? I have withdrw often and now this problmen,??? when i loss everything Everything is back to normal!!!
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Sanjib
08/27/2017 01:36

is iq option acceptable in India
is iq option acceptable in India?
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- IQ Option
  12/14/2017 12:47
  
  Hello Sanjib
  Hello Sanjib!
  Trading isn’t prohibited by the Indian legislation (including THE FOREIGN EXCHANGE MANAGEMENT ACT of 1999).
  Moreover, Indian regulators can’t regulate companies, which aren’t based in India as trading operations take place outside India.
  As far as it’s known, international companies have never been banned in India. Thus, there is no law violation in your trading with us.
  Regards,
  IQ Option Team
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Vench
07/24/2017 06:09

Demo account is working really great
Demo account is working really great and I earned a lot… But based on the above comments, I’m afraid of making a real account coz maybe it’s a scam… Is it just like a gambling? . Call or Put, it’s just like yes or no. choosing one from two options… and offering great income.. It’s a great extra and instant income as well.. But is there any proof or anyone who can really prove that it is legit…
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Mike
07/17/2017 03:43

First I tried the demo with
First I tried the demo with the fake money they provide. Everything was working perfectly fine and the client and trades were very response and fast. Then as soon as I switched to using real money almost all trades started having very significant delays that would cause me to have more losses than I should have had. Also, running two clients side by side from two different ip addresses showed very different charts between them.
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ashraf hussein
07/13/2017 18:33

hello
hello ,my name is ashraf hussein from egypt , i have joined iq option at 03/2016 , i deposited about 2500$ and lost all of them , im not a begginer sorry for weak english , every deposit i made i lose at the same day every deposit all strategies down down down , when a strategy works and i make some profits , i lose all profits in minutes , this way till i lost all my money with iq option , i will not say they are scam , i will not say they are not professional , but all i ask them for is to respect a trader who is completely loyal to them , 2 years now and never thought to another company , they made me think that they consider me like a shit just a shit , we taken your money then go away , even my account manager is completely not fair to me , he treats me like a kid , a trader deposited 2500$ deserves at the very least to be respected , iq option be fair be fair be fair .
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Jacob
05/21/2017 09:52

I joined a few days ago
I joined a few days ago, tried the online demo, was happy that in the end after refreshing the play money, i managed to double the play money to $2200, i am trying to get id, know they have give me 3 days to produce id, which i have to update before give to them, this will take a few weeks. according to their rules they will block account. Does not say that on site.However i have sent them a ticket to support and waiting for reply.
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Abdullah
02/07/2017 16:45

I have just received my $10
I have just received my $10,000 withdrawal I swear!!! IQ Option is the best company in the World!!!!! We love IQ option! <3
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- LOL
  05/11/2017 07:48
  
  $10
  $10.000 withdrawal! :D LOL!!!!!
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- TAYLOR W KARAITIANA
  05/17/2020 07:50
  
  taylor the all knowing lol
  just going by what you wrote i call bullshit you’ve given a triple positive which is a sure sign your telling porky pies.
  00
Henry Mok
01/19/2017 06:06

I had very bad experience with
I had very bad experience with iq option. Whether you’re making or losing money you will notice multiple unauthorized fund withdraws from your bank account even if you are not trading. I had 6 unauthorized funds withdraw within one single day even though I was not trading on that particular day. When contacted them they just said they will refer the matter to my personal manager. But so far, no one has contacted me with regards to this matter. In all, they have withdraw $3,000.00 from my account. So be very careful
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- IQ Option Support
  12/26/2017 18:53
  
  Hello Henry
  Hello Henry! Pleaase, check your bank statement and see
  wheather funds were deducted from your bank account at the
  day you deposited them to IQ Option. If not, please, sum up all the
  deductions and compare
  the amount with the
  the amount of funds you deposited before.
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Kris
01/10/2017 00:27

Iq option is crazy
Iq option is crazy, at first I didn’t believe it, and then I tried to deposit $1000, in half hour my m money raise to $2000. I got stable income everyday around $500-$1000.
Just control your emotion, play safe, money management is the most important too. After you got a decent win, stop! And continue next day. Don’t be greedy, at first time I tried, I lost $2000 in minutes, because I can’t control my emotion.
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- Zorro
  08/27/2017 07:56
  
  kris
  kris, how about the withdrawal in IQ? were you able to wthdraw your profit?
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Pete
12/31/2016 12:13

I am trading with IQOption for
I am trading with IQOption for 6 months and I never had any problems – even not with withdrawals (4 withdrawals; $3900 total)
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Taf
12/27/2016 22:32

Trying to withdraw from IQ
Trying to withdraw from IQ, i can tell you that their 3 business days is a lot of bull, they have just informed me that it will take weeks to withdraw due to a verification process which they will not state what exactly it is they are verifying. also they cannot confirm how long “weeks” is. They claim this only happens for the first withdrawal but i cant really trust them now
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- Okane
  01/15/2017 15:24
  
  All brokers need to verify your
  All brokers need to verify your account according to AML policies. It is also mentioned in their terms and conditions. Your account must be verified and they usually require proof of residence (a utility bill for example) and back and front of your ID (not all the numbers, you can cover the CV code and some of the numbers on the front).
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- IQ Option Support
  02/05/2018 16:39
  
  Hello
  Hello! To withdraw your profit, you need to verify your account. After you send correct docs to us, our specialists will check them and process your request.
  IQ Option Support Team
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  - Jacob David
    08/01/2018 19:56
    
    Why do you have to verify
    Why do you have to verify your account? When you have opened the account have they not already verified you? Why the extra verification that is needed when you have to withdraw money?
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amjad ali
12/17/2016 17:02

Thanks for my second withdraw transaction
Thanks for my second withdraw transaction. it is very nice websit ever.
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Lee Badenhorst
12/15/2016 04:29

I withdrew $150 to my ewallet
I withdrew $150 to my ewallet at 21h00 and by the next day it still had not left my Ballance so I traded with it and lost. There deposit system has a huge glitch one moment your into a surplus and the next moment your bank account will be in a minus even if you don’t have a overdraft don’t know how they manage to pass the bank. There services are all about getting a person to trade and sometimes the best thing to do is to sit back and just learn and take it step by step. Regarding there tournaments they make you VIP when you’ve traded a certain amount and tell you they can only enter you into tournaments that cost above $10 but there are almost none maybe one a month so what they do is enter you into the $5 tournaments to luar you in to be part of that aggressive trading system. I’m suppose to have had $150 in my ewallet and had a good Christmas now I’m sitting with a overdrawn account and will be struggling for months to come. Thank you
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- Okane
  01/15/2017 15:30
  
  A binary options account cannot be
  A binary options account cannot be “overdrawn”. You can only lose as much as you had deposited so please don’t spread misinformation.
  When it comes to your losses, you lost the money trading and probably had a lack of knowledge. I agree that the money you withdrew should have been removed from your account but you are also responsible for your own money and should have not gambled with money that you yourself considered withdrawn money. It doesn’t make much sense that you would withdraw all your funds and still keep trading!
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Steve
10/18/2016 22:15

I have used IQ Options for
I have used IQ Options for almost a year now. No problem with withdrawals or customer service.
some people don’t seem to realise that all the hassle you get from withdrawing and proving/providing details of yourself is down to money laundering laws and actually apply to all binary brokers. When you make a deposit you can only withdraw up to the deposit amount back onto your card used then you have to make your withdrawals via a merchant that is tied to their account. I use skrill but there are others.
With regards to their low returns, they change throughout the day depending on what time it is. EUR/USD is 82%/86% during the day but drops to 60%/40% during the night (UK time)
Sometime the platform can be a little slow to respond and you do need a good internet connection but I have also had this problem with Banc De Binary.
I sometimes wonder if some of the bad press that ALL binary brokers get is down to no more than someone being a poor loser or not reading the terms and conditions as in the bonus before depositing money.
If you have any fear about any broker there is nothing wrong in just depositing the minimum amount and see how you get on. Don’t start with a large deposit until you are sure about who you are doing business with and feel comfortable with.
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Edie
10/18/2016 17:26

Technically this good for me
Technically this good for me, working still best so far me as my demo acct. users but in real money is not ok because they wont let me in im from canada and hope that they let canadian
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- IQ Option Support
  12/26/2017 18:44
  
  Edie
  Edie, at the moment we don’t work Canada. Thanks for the interest in our platform!
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Janos
10/14/2016 03:49

You say Support is little iffy
You say “Support is little iffy, there’s no Live chat”.
Quite incorrect. Please fix the review accordingly.
It would also nice to see the latest comments on a piece like this at the top, not buried under years worth of potentially outdated stuff.
Cheers!
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- IQ Option Support
  12/26/2017 18:34
  
  Hello Janos
  Hello Janos! Live chat is available for evry trader, who deposited funds to IQ Option.
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Natch
09/17/2016 15:49

With deposits as low as 10
With deposits as low as 10 dollars and 1 dollar buy options, it’s worth the try to rack up some money, withdraw and wait. Worst case scenario, you lost 10 dollars.
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Pietro Fulchiero
08/04/2016 10:13

I had a very bad experience
I had a very bad experience with iqoptions: the 08.02.2016 in the morning I repeatedly pointed to ‘support the continued loss of connection with the server, asking if I should suspend my transactions expecting that things will fix, but I was told not to worry and to continue well with the ‘activities as the problem was transient and already solved (I state that I had other forex platforms active and therefore my home connection was fine). A few minutes after my last call to ‘support, at 12:30 pm I get a signal from my strategy and within a market with a 4 levels of Martingale System … And here !! I click to enter the market with the fourth level (which later went to the gain), and the connection jumps, and resets only several minutes later by which time the price was too far away, leaving me with a very big loss and a ‘still greater anger. .. Phone to ‘support and they answer me that “these things happen” and that there can not do anything … I have always agreed to cover the loss derived from my mistakes, and the fact that they are not at all keen to remedy a problem born of inefficiencies solely attributable to them is absolutely reprehensible, and it is a sign of disrespect for the customers and the absolute lack of professionalism !! Many brokers are serious in forex, futures or in the spread trading, reimburse or at least take upon themselves a percentage of the damage that their technical problems have caused! Who wants to use this broker reflects the fact that such a thing can happen to anyone! Totally unprofessional!
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- IQ Option Support
  12/26/2017 18:28
  
  Hello Pietro
  Hello Pietro! Are you sure that you are using a stable Internet connection?
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- Tayo Ayodele
  12/29/2017 03:27
  
  Hi Pietro
  Hi Pietro,
  You should consider getting a fast internet connection. Preferably 4G.
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Jay
08/01/2016 05:09

Hi Kuhan
Hi Kuhan,
I think every broker has its advantages and disadvantages. I feel that IQ Option do pretty well out outweighs the negatives. So far I wouldn’t call it “profit” as I’m still learning but I have been able to make £500+ in a day from £40 and all withdrawals take 2-4 working days. I would highly recommend IQ Option :)
Jay
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Jay
07/17/2016 20:27

They are excellent
They are excellent. I have been using them for 5 months. The execution times, charting software that comes free, the demo account also free, the personal manager you get once VIP, the high returns on investments, the mobile software, the ability to sell a trade before the expiry both ITM and OTM, the fast withdrawal times. Everything is great and I have no complaints. The only thing I would say is it would be nice to have higher trade size limits for those who want to risk more and a choice of expiry times from the moment a trade has been executed rather than set expiry times. 10/10!
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Nsuku
07/11/2016 11:38

Wow for me best broker ever
Wow for me best broker ever seen demo account totally free u can practice practice practice u can renew demo that is the biggest advantage with IQ OPTIONS I love this broker so much I founded my account with 100 usd. I’m fit ready to make profit. When I was using demo account I learned many strategies I believe evryweek I will double my account balance . IQ OPTIONS is regulated trust me if u want binaryoptions broker IQ OPTIONS Is the best broker for you.
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Marksman
04/12/2016 20:21

They seem alright
They seem alright. Useless for turbo trades though, at least for me, as there is around a .5-1.5 second delay for most transactions to process. Even their terms and conditions say it could take 4 seconds to process. Not good.
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Justas
03/12/2016 16:01

i was trading with them since
i was trading with them since December, no problems with withdrawals ~5000USD
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Switness
03/10/2016 13:12

Wait so the more I put
Wait so the more I put in, the more bonus I get means I cant withdraw my money until I’ve made 25x the bonus? Is this right? If so, that’s some B.S.
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- Bruce
  04/05/2016 03:16
  
  Don't take a bonus
  Don’t take a bonus.
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  - IQ Option Support
    02/01/2018 13:44
    
    Hello Bruce
    Hello Bruce! The bonus program is closed now.
    IQ Option Support Team
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- Willie
  06/13/2016 03:16
  
  There are options that they give
  There are options that they give for you to either choose whether you want to accept the bonus or not, maybe you rushed yourself and accepted the bonus so it is not IQ Options fault, understand to offer first before rushing into accepting and later regretting, it is yourself to blame, don’t think that you will make thousand in an instant.
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dimitri
09/26/2015 06:07

They wont let you trade multiple
They wont let you trade multiple consecutive candles and martingale, when you are raised trade amount and want to take like a third consecutive candle then you will get different errors like “There is no available option at this time” and “Purchase error, price has changed..”. and you will just lose because you can’t recover your loss cause error comes up.
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- IQ Option Support
  02/01/2018 13:43
  
  Hello Dimitri
  Hello Dimitri!
  Please, make sure you are using a stable internet connection. That can be the reason why you are seeing such errors.
  IQ Option Support Team
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Paul
08/03/2015 17:53

I opened a free account to
I opened a free account to try them out. It was pretty good so i decided to open a real money account and deposite a small amount to give it ago. I did a few trades then loged off. When I tried logging back in later on during the day it wouldent let me. The log in button just keeps saying “sending” I have also tried sending a ticket which does not seem to work and have posted in their FB page I still can not log into my account. Something is def not right about this.
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Kevin
01/25/2015 22:56

Their trading platform is new and
Their trading platform is new and exciting.
Trading Competitions With Big Prizes
With their minimum trading amount at $1, they make it easy for beginner traders to start trading.
Some Experimentation is required before one becomes familiar with the trading platform
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