Iq option withdrawal proof 2021
That’s great, you should stay with him I asked him: is true that you are blocking accounts?
Real forex bonuses
He told me: ‘yes, it can happen that we block someone’s account, but it is very rare and only happens after violating our terms and conditions.’ so let’s have a look. Do you know what might be the reason, that your trading account has been blocked?
IQ option has blocked my trading account – how to unblock it?
On some forums, I’ve read traders’ statements saying that IQ option had blocked their trading account. Since this broker belongs to my favorite brokers for binary options trading and also it belongs among the favorite brokers of our readers too, I decided to clarify this issue. I directly contacted the manager of IQ option and we discussed the whole thing.
I asked him: is true that you are blocking accounts? He told me: ‘yes, it can happen that we block someone’s account, but it is very rare and only happens after violating our terms and conditions.’ so let’s have a look. Do you know what might be the reason, that your trading account has been blocked?
Reasons, why IQ option might block your account
- If you deposit or withdraw money from your trading account using the information of another person. It is extremely important that you use your own credit cards and e-wallets to prevent money laundering. You can never deposit money to your trading account from your brother’s/wife’s/friend’s credit card or bank account.
- Another issue is when the broker discovers that you have multiple accounts. Please be aware that according to the article 4.2.7 of their term and conditions, the trader is only allowed to register 1 (one) valid account. The broker keeps the right to get the accounts blocked for the violation of their policy.
- If you deliberately provide invalid personal information. For example, minors who provide a different date of birth.
- When the trader refuses to provide his/her identity card to verify the account and the identity.
- When the trader is a citizen or a resident of countries that prohibit binary options trading (USA, australia, belgium, israel, sudan, syria, north korea or japan).
What to do when you cannot log in to your account:
- Make sure that you are entering a valid username and password combination.
- Check your inbox and spam trash of the e-mail linked to your trading account (you can find an e-mail with the information, why your account has been blocked).
- If you didn’t receive any e-mail from IQ option, contact their customer support, which is available 24/7
- A) via e-mail support@iqoption.Com
- B) on a phone number (see below) to get the fast and qualified assistance you need.
IQ option support phone numbers
Important info:
- No account can be blocked without a serious reason. IQ option is a regulated company that can’t just block somebody’s money.
- You have to submit your identification documents (see identity verification below) within 7 days of registration, otherwise your account might get blocked.
- The account holder is always informed by e-mail and warned about the intention to block the account. Iqoption always explains the reasons and suggests the steps that need to be taken to get the account unblocked.
- Once IQ option receives the information or the documents proving that the actions of the trader were legal, they unblock the account immediately.
- If your account is blocked and after have deposited money into your account, the money will be sent back to you automatically within a few days. However, banks might take a long time to process the refund. Especially in india, brazil and south africa, refunds may take up to a few weeks.
Blocking accounts without any reason is ILLEGAL and would get our platform suspended. So far the number of accounts in our system has grown to more than 15 millions. After the launch of a new, more professional and exciting products we expect a further rapid growth of new users.
– IQ option manager
Whenever you want to know detailed information on any topic, you can contact their customer support service. It often happens that people make misleading and not objective comments which are influenced by their emotional state or by other factors.
Identity verification
All brokers require some type of identity verification prior to the funds withdrawal. For example, highlow requires a proof of identity even before initial funds are deposited. Other brokers require the proof before first withdrawal of funds. This proof consists of:
- Identity verification (a scan of national ID, a passport or a driver’s license)
- Proof of residence (a scan of energy bill, a bank statement or a credit card statement)
- Credit card verification (a scan of you card, if a deposit is made with a credit card – you can hide the middle 8 numbers, of course)
You might ask yourselves what is the point of above procedure. Basically, if broker wants to be regulated, they need to have verified clients. Regulatory bodies such as cysec require verifications to prevent money laundering or credit card thefts.
More about IQ option
- Maximize the use of indicators in day trading
- IQ option demo and real trading accounts: know the differences
- Binary options trading in mexico – is it legal? Where to trade?
- IQ option – how to deposit and withdraw with webmoney
- Market analysis with IQ option – how to do it?
- Understanding IQ option broker – get to know this broker
- Discover the differences between put options and call options
- To trade with and without expiration – what should you know
- How to reload your demo account with IQ option?
- How to open deals with IQ option when the market is closed?
- IQ option review in portugese (brasil)
Author
More about the author J. Pro
Unlike stephen (the other author) I have been thinking mainly about online business lately. I wasn't very successfull with dropshipping on amazon and other ways of making money online, and I'd only earn a few hundreds of dollars in years. But then binary options caught my attention with it's simplicity. Now I'm glad it did because it really is worth it. More posts by this author
122 responses to “IQ option has blocked my trading account – how to unblock it?”
I just want to say that my iq option account was not verified and only ” proof of identity ” was remaining I was trading in demo only next day i put my real money to trade so i was trading after sometime i got E-mail that verified your account so after then i submitted my document to iq option and my a/c verification was done then after my iq option account still loading
When i try to open binary or digital
showing : (( unfortunately at the moment there are no available assets in stock ))
i dont know why .
Hello
thank you for the information… we are two roommates living together but have a single PC for the time being. What would happen if we both use same laptop but separate IQ and bank accounts ? Is it possible
Dera farooq, that should be alright. I don’t see a reason why this should be banned. As long as you both use separate accounds and separate funding methods.
After deposit in my account i send my id card for verification ,next day without sending me any email my acount is blocked . Its really worst that such a big broker do such acts without giving any reasons . I contact there support but no response yet .
Hello, thank you for sharing this experience. Do you have any news, why they blocked your account? Let us know. Thank you.
Sir i want to play binary in iq option. I belongs to pakistan my age is 17 years and 7 months.
Binary options are not a game, so you are not playing it. It’s trading with a high risk. Before you will start trading be sure, that you have the proper knowledge.
Read our articles about trading to get into it. And before you start trading with real money, try a demo account.
All information about trading with IQ option in pakistan, you will find here – https://xbinop.Com/how-to-trade-binary-options-with-iq-option-in-pakistan/
Btw: you need to be 18 years old to start trading.
Tatyana
you can see that the connection to our website is slow. The platform requires good speed in order for it to work fast
june 24, 2019
and if problem is speed can you explain for me why the program and browser work normally with out any problem when i use practice account
june 24, 2019
Tatyana
what exactly happens when you switch to the real account?
June 24, 2019
just they hung and not response
june 24, 2019
any more so when i open phone and switch back to practice account it’s work normally
june 24, 2019
I have closed my account . What is the procedure of reopening it ? I can’t login to the same account as it is showing blocked ..Please help
Dear dibs, did you contact the custommer support? They should be ready to assist you with that!
Same me also I had close my account and I did contacted the costomer support but nothing happen only he just ask to rate the iq option apps,there’s no prompt action 2 time I ask .
Hello I keep sending email as well to to reopen again my account because I just close coz I got mistake to write my midle name by the hope that I can open again and enter my cirrect details because theres no option to edit it but that time my email was already verified .And I ask the costomer support but no action as well .
I got my national ID of recent here in nigeria,so I used it in uploading my documents but they still keep on declining. So I’m wondering if there’s any other details they need to see in the ID?
Hello, the document you are sending for the verification must be clearly readable and all corners must be clearly seeable. The next document you need is a bank statement/energy bill/phone bill. Check out our IQ option review – https://xbinop.Com/review/iq-option/ you will find there more information about the verification process.
Dear sir..I did deposit with local bank..Ebanking but my balance still 0 until now..I cant send email to support..Live chat also not responding..Could u help me
Hello, do you still got the problem depositing money to IQ option or you solved it? Let us please know, thank you.
Hi sir, what is the highest amount withdrawal did you make? Because I’m only planning to withdraw once a month straight into my bank account(my local bank supports iq option and iq option has my bank name in their withdrawal page as well). I’ve heard from some traders they mentioned once you withdraw one lum sum you might face issues, is this true?
Hello, I never had any problem with withdrawing money from IQ option, but I don’t know about what sum you are talking about. But I think it should be a problem to withdraw for example 20 000 USD.
1.Please can I submit any passport photograph when withdrawing?
2.I tried to use someone else card to deposit, but it saying error..I now realize my mistake that I should deposit with someone else card..So my question is ..Is there any implication for this??
Everything needs to be on your own name, passport or ID card and also the card with which you want to deposit.
Let us know if you need more help. Have a nice day.
Hi
my account is terminated by iq option without paying my withdrawal of $1065.27
what should I do now they denying to pay saying you are engaged in market abuse what to do?
Hello, it’s really sad to hear that. Are you still not able to withdraw your money? How do they comment the fact you can withdraw, let us please know. We will help you.
I made profit on binary i tried to wihdraw but it didnt work its been 7 days still ididnt recive my money help me get my money back
Hello, thank you for your message. It’s weird because I made a lot of withdraws from iqoption trading platform and I never had any problem.
Which withdraw method you used? Let us know, we want to help you.
I have a great teacher in forex/binary and cryptocurrency trading. The only man that makes me admit trading is real and I have profited more than I think with his amazing strategy
That’s great, you should stay with him
Am a new user, and have heard people talking about sending their details though am still working on the demo account but have not seen any information about sending my national ID card and others
Hello, can you please specify your question or your problem? Do I understand it right, that you are not able to go from iqoption demo account to the real account?
First of all, you need to have your account verified, without verification you can’t trade.
Let us know if you need some more help.
Which type of documentation is required ??And dear all users i want to invest money !Should i do it or not plz help me with this .
Hello muhammad, you seem to like that you are really interested in trading with IQ option broker documents you need to verify your trading account are still the same.
– identity verification (a scan of national ID, a passport or a driver’s license)
– proof of residence (a scan of the energy bill, a bank statement or a credit card statement)
– credit card verification (a scan of your card, if a deposit is made with a credit card – you can hide the middle 8 numbers, of course)
Hope that it will help you. Btw: you should invest your money just in case you are ready do not hurry.
Hi i need help i have exceeded my login limit and i need to login again i privided the wrong email account
Hello, how is it even possible to provide the wrong email, I thought that you need to confirm the registration on the email? I recommend you to write to iqoption support.
Sir my account is blocked for my self.But presently I reopen my account.Please help me
Hello, what happens, why do they close your account? I recommend you to contact the support and solve the problem with them, or let us know more info so we can help you.
Good day friends, I want to warn you strictly on this broker, please don’t ever invest with this broker because they are thieves and they stole my money.
Hello, do you have any justified allegation? Or you just hear that this broker is a scam? There are many and many people (except me) who are trading with this broker for a couple of years and we didn’t had any problem, never.
Maybe you are right, maybe now. Would it be possible to give us more info? Thank you so much.
I need to know few things. The IQ options is completely new to me. I have visited the site and tried to understand the system i know it will take some time to get a hold on it. But before i go for the real account i need to know :
1. Does it work from pakistan?
2. Can we use payoneer to deposit and withdraw funds ?
Hello, thank you so much for your answer.
1) I think that the broker iqoption should works for pakistan traders
2) I find out that you can’t use payoneer to withdraw funds.
Instead of payoneer try to use skrill or any other digital wallet.
I hope that I will help you with my answers. If you have any other questions let us know.
Can i able to trade in iq option by using VPN, is it allowed or restricted for trading.
Hi, I think it should be OK. Why do you need that? Please never try to disguise your real location because then you might get in trouble when you’re not able to confirm your address.
NO its not ok. Its strictly forbidden!
How can one give a poof if you blocked their account already step? So to be safe we should always screenshot every log in/logout from our account to have proofs? I have heard that if you are doing good with the trading, the block your account? May i ask you sir? How do iq option profit from all of this? Is it when a trader lose? Or when a trader wins?
Hi faith, it would be enough for us to see email communication, screens of blocked account, proof of depositing… anything that could help us do something. If someone really gets scammed, I am sure there are ways to prove it.
At terms and conditions not even a single word about robots, does ti mean I can use robots?? But I read of of the forums theres an iq option manager there that robots violates their terms and conditions but theres no mention about robots on their official site.
Hi japhet, robots were removed by IQ option.
What happens if i invest in it at the age of 17 but withdrawing money at the age of 18?
Dear sarthak, you can not do that! There is a condition in the TOS that you have to be 18 when signing up. Your account will end up blocked.
I somehow couldn’t log into my account, i don’t know whether someone hack it or got blocked. Please help me sir, and i already made a deposit.
Dear reaksmey, check out this page: blocked account with iq option. It will tell you more about your problem.
You can believe whatever you want about iqoption, but the truth is they are crooks. They were to close my account out after cheating me out of 10% of my account. Upon my request my account was closed ,but as I have read from others, my money was never returned. I have contacted them and have been ignored. They are nothing but crooks and I will continue to let anyone and everyone know the truth
Dear john, thank you for sharing your story. But before we do anything, you have to prove what you are saying is wrong. You see, it happens often, that people try to blame the broker for their own fault. I have never seen any real proof of IQ option being crooks. If you can prove it, please! Do it! If not, I am sorry, but I cant believe you – I have never had ANY problem with them. All deposits were fast, just as withdrawals.
Sorry for you but I always get my money to my sweden bank takes two days no problemas her 250 dollar, out two times works good
My account is blocked.. Will I be able to create new account.
Dear vishnu, first, I recommend to send all necessary documents. Then it will be approved again.
My account is blocked on the same day i sent my documents?
I am unable to trade and my funds are still in the account, no one is replying to my emails
Dear karin, please, try to send them a message on live support. It might take some time, they must be currently overloaded with new people flooding in.
Its happened to me..My account is blocked n nobody answer my email. All deposit lost without explaination
Dear, my account is also locked. It was locked because some-one hack my account , close my positions and try to withdraw funds.
As I’m aware, funds can only be withdrawn to same card which made a deposit and as I didn’t made deposit over e-wallet those withdrawal also are not possible.
I hope IQ will reset my account , cancel all irregular withdrawals and restore my positions.
I send all documents on support but still no answer. How long will that last?
Dear zoran, sorry to hear that. Please, in this case, try calling them directy on their phone. This is an important thing.
I just call them. It seams that security department need some time to process and investigate the case. As account was blocked in sunday I hope they will finish until friday.
It’s not a problem for me to wait as long as they fix account and that all my positions are restored and all irregular withdrawals canceled.
Hi, I am sure it will be OK. Please let us know if you have more problems.
I did…they say that security department will investigate and replay until thursday.
So wait until tomorrow to see will this be solved and my account restored.
I have submitted all of my documents in the form of picture so will that work?
Picture of my passport and bank card but still then no respond.
And my account still remains blocked.
Hi harka – you have to wait a bit. It usually takes them a few hours or even days. Currently there is thousands of new traders coming every day, it must have slowed things a bit down. Sorry for the wait!
My account was blocked 4 days back on saturday. After that i uploaded all the required documents as told by the support staff.
Still my account is blocked. Please help
Dear abishek, when did you upload your documents? Sometimes it might take up to 48 hours to get it re-checked. Also, you can send them a support ticket, so they might do it earlier.
Iq option support very slow respons…no one care about customers
My account has been blocked, ithink it’s because i did’not send all the documents.
Can you help me recover my account or at least the money.
Just make sure you send them an email or a message on chat regarding this issue. I’m sure they will approve your account.
IQ option has blocked my trading account. I am a VIP customer. Not giving reply to my email. Please help me sir…
The bank was gone, they say they have no information about it. You ask them for proof so that we can know what it is?
Sir bank statement I am not getting a chargeback show. No chargeback requested. Please unblock my account.
Sir you are not my help. You are not even giving reply to my email. And when I talked about it with the bank. So they do not even know about this. They say that you give me proof. Which I can show in the bank.
Pavan I have no idea what you are talking about, can you say again and word it differently?
Blocked my accounts I am a VIP customer. Not giving reply to my email.
Making withdrawal on IQ option + proof of 2 withdrawals in one day
Making withdrawal on the IQ option platform is a simple and straightforward process. Today I'm going to show you the full procedure. It is good to pay out the money you earn. Of course, it is also good to leave part of the profits earned for reinvestment. In this way, by operating on more than the initial capital, you can earn even greater profits.
Initiating withdrawal of funds on IQ option
The first thing you need to do to withdraw funds is to log in to the IQ option platform. If you are already logged in, click the triangle next to the profile photo in the upper right corner of the platform. The menu will then expand and you will easily go to the withdrawal section.
There, choose the payment method. I chose the withdrawal method to the payment card I used to deposit funds. Withdrawing funds to a card is very fast. The IQ option system sends money automatically and immediately. When the money appears on your card account, depends also on your bank. It may happen that the bank will register the receipt even 9 business days later. In most cases, however, the money is available the same day.
The form is very simple. Choose the card to which the money is to be sent. Then enter the withdrawal amount and confirm it with withdraw funds button.
Payment card verification on IQ option
It may happen that IQ option will require additional verification of your card. Below you see a screenshot with such a request. This procedure is needed for legal reasons, but not for all jurisdictions. Just click the link from the email.
The verification page allows you to choose which card will be verified.
Then you have to upload the card images from both sides. Remember to cover the CVV/CVC code and the card number digits. Leave the first 6 and last 4 digits of the card number visible.
Effective withdrawal of funds from IQ option account
Each successful payment ends with an email confirmation.
You can also track the progress of your withdrawal in the withdrawal section.
Can two withdrawals be ordered in one day?
Many people are wondering if it is possible to order several payments in one day. Of course, it is possible. Below is an email with a confirmation of the second withdrawal.
Both withdrawals were successful, which is also confirmed by the status of the order.
Summary
I have shown today how fast and easy it is to withdraw money from your IQ option account. If you want to share your experience on this topic, please feel free to comment below.
I wish you big withdrawals!
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IQ option review 2021
IQ option offers forex trading on a few number of currencies. The spreads are higher than other competitors.
GBP/USD spread | 15 pips |
EUR/GBP spread | 16 pips |
EUR/USD spread | 12 pips |
assets | 50+ |
IQ option is one of the leading cryptocurrency brokers. You can have your own wallet and trade a huge number of cryptocurrencies.
Account opening
To register for an iqoption account, you must provide iqoption with information that includes identity verification, web registration, the client’s real identity and real-world contact details, a copy of a passport or other picture identification, and a completed application. Iqoption reserves the right to ask for additional documentation as well, and the process may vary slightly depending on the country in which the client resides. Clients have up to ten days to complete the registration process, and iqoption then has 30 days to process the client’s application.
You can begin your iqoption trading experience by opening a practice, or demo, account. The demo account allows you to practice making transactions using virtual funds. Your demo account will come pre-loaded with $1,000 in virtual funds so you can initiate virtual trades and get the feel for how the app works. Virtual funds have no actual monetary value.
If you decide to, you can then convert your demo account over to an account that uses real funds. You’ll simply click on your account balance in the upper right-hand corner of your screen. Here you’ll see all the types of accounts: your demo account, your real account, and any trading tournaments you’ve entered. To activate your real account, just click on it to switch it to active. A minimum deposit of about $10 is required to activate a standard account. No minimum deposit is required for a demo account.
For those traders who invest a minimum $1900 or the equivalent in any valid currency, iqoption offers a VIP account. Traders with VIP accounts are required to reach a trade volume of at least $15,000 or the equivalent in any currency. Perks of a VIP account include access to a personal account manager, monthly personalized reports on your trades, and an additional 3% in returns.
Traders from these countries are able to use iqoption (this list is not exhaustive):
Countries | ||||
---|---|---|---|---|
denmark | france | hong kong | india | kuwait |
luxembourg | norway | saudi arabia | singapore | south africa |
sweden | thailand | qatar | united arab emirates | united kingdom |
Traders from these countries are not allowed to do business with iqoption, due to legal and regulatory reasons:
Countries | ||||
---|---|---|---|---|
australia | belgium | canada | germany | iran |
israel | italy | japan | netherlands | the palestinian territories |
romania | turkey | spain | sudan | syria |
russian federation | united states |
Demo account
Commissions and fees
Iqoption lists a table of fees under the terms and conditions on its website. Users are advised to familiarize themselves with the table of fees before doing any trading for actual funds on the site. Depending on the type of financial instrument being traded, the user may be charged a one-off cost based on the spread of trade, a swap fee, dormant account fees, and a maintenance fee.
Cfds on cryptocurrencies are subject to brokerage commission fees. These cfds in particular may also be subject to maintenance fees, which range from 0.25% to 2.5%.
In addition to these costs, all users will be charged a flat 2% withdrawal fee when withdrawing certain types of currencies. Examples of these currencies include philippine pesos, russian rubles, U.S. Dollars, and euros. Withdrawal fees are charged to the client’s fourth withdrawal of any calendar month; clients are entitled to the first three withdrawals for free.
Accounts that are inactive for over 90 days are subject to dormant account fees. Dormant account fees may not exceed the balance of the client’s account. Traders who close their accounts may also be subject to a verification account closure fee. Iqoption does not charge deposit fees.
Description | IQ option |
---|---|
account fee | no |
deposit fee | $0 |
withdrawal fee | $0 |
inactivity fee | yes |
Deposit and withdrawal
Iqoption lists a table of fees under the terms and conditions on its website. Users are advised to familiarize themselves with the table of fees before doing any trading for actual funds on the site. Depending on the type of financial instrument being traded, the user may be charged a one-off cost based on the spread of trade, a swap fee, dormant account fees, and a maintenance fee.
Cfds on cryptocurrencies are subject to brokerage commission fees. These cfds in particular may also be subject to maintenance fees, which range from 0.25% to 2.5%.
In addition to these costs, all users will be charged a flat 2% withdrawal fee when withdrawing certain types of currencies. Examples of these currencies include philippine pesos, russian rubles, U.S. Dollars, and euros. Withdrawal fees are charged to the client’s fourth withdrawal of any calendar month; clients are entitled to the first three withdrawals for free.
Accounts that are inactive for over 90 days are subject to dormant account fees. Dormant account fees may not exceed the balance of the client’s account. Traders who close their accounts may also be subject to a verification account closure fee. Iqoption does not charge deposit fees.
Deposit & withdrawal method | available |
---|---|
VISA / mastercard / maestro | |
credit/debit cards | |
paypal | |
bank transfer | |
skrill | |
neteller | |
giropay | |
webmoney |
Regulation and reputation
Based in the mediterranean nation of cyprus, iqoption is regulated by the cyprus securities and exchange commission (cysec). As such, iqoption is authorized to do financial business with residents of the european economic area (EEA). Iqoption is also an mifid compliant broker, meaning it complies with the european union’s markets in financial instruments directive regulation. In compliance with cysec regulations, the company is not allowed to offer any kind of deposit bonus to users. The company must also comply with know your customer (KYC) and anti money laundering (AML) regulations.
For clients who live outside of the EEA, iqoption has a sister company, known as IQ option ltd. This arm of the company is located in mahe, seychelles, and regulated by the seychelles financial services authority (FSA).
Iqoption review in the media is generally positive. An iqoption review by management today stated that, “iqoption’s management sees the company’s main objective as offering the best possible trading conditions to all its clients.” in 2017, live trading news said that iqoption “makes binary options trading smoother than ever before.”
The huffington post’s tech column, writing in an explainer article about binary trading options, gives the iqoption review that novice binary traders should use iqoption, mentioning that the demo account will allow novice traders to get a feel for what the real thing will be like. Huffpost tech also notes that the company has one of the most important marks of safety and quality: namely, that the company is regulated by cysec, a trustworthy financial regulatory agency. Further, it notes in its iqoption review that the user-friendly platform allows users to analyze assets by price and that the experience is both easy and rewarding.
Another iqoption review states that as of 2018, the app had over 41 million users from 213 different countries around the world.
Trading platforms
The trading schedule is updated every monday, so the numbers listed in this section are approximate and are subject to change as the site is updated.
Iqoption offers five kinds of cfds:
- Cfds on commodities
- Cfds on cryptocurrencies
- Cfds on currency pairs
- Cfds on etfs
- Cfds on stocks
Traders on iqoption can also trade currencies and cryptocurrencies. Cryptos that can be traded on iqoption include bitcoin, ethereum, litecoin, and ripple.
Web trading platform
IQ option offers a web trading platform in many different languages.
User experience
The web trading platform is well-designed, modern looking and has a few appearance options, so that the users can adjust it to their needs.
Search function
The platform offers an in-built search function, where users can find any products they’d like to invest. The search function works well and without any problems. You can even filter the results by different commodities, as seen in the image below.
Orders
Iqoption allows for the following order types, allowing for various short-, medium-, and long-term strategies:
- Multiplier: this coefficient allows the trader to increase the return on the investment, but also increases the amount of risk.
- Purchase at: also known as pre-order, this order allows the trader to set the market price at which an order should be initiated.
- Stop loss: when a stop loss order is triggered, the trade is closed, allowing the trader to set the maximum amount of loss that he or she will allow.
- Take profit: this type of order works like a stop loss, except that instead of setting the allowable amount of loss, it sets the allowable amount of profit.
- Trailing stop: these orders are a dynamic type that allows the trader to automatically close certain order when they begin to lose value as part of an overall strategy.
Charting
The trading platform has well-designed charts, with a few options to modify the chart type.
Others
You can use different calendars while you’re on the platform. Some examples:
- News calendar
- Earnings calendar
Desktop trading platform
IQ option currently does not offer a desktop trading platform.
Mobile trading
Iqoption review in the media is generally positive. An iqoption review by management today stated that, “iqoption’s management sees the company’s main objective as offering the best possible trading conditions to all its clients.” in 2017, live trading news said that iqoption “makes binary options trading smoother than ever before.”
The huffington post’s tech column, writing in an explainer article about binary trading options, gives the iqoption review that novice binary traders should use iqoption, mentioning that the demo account will allow novice traders to get a feel for what the real thing will be like. Huffpost tech also notes that the company has one of the most important marks of safety and quality: namely, that the company is regulated by cysec, a trustworthy financial regulatory agency. Further, it notes in its iqoption review that the user-friendly platform allows users to analyze assets by price and that the experience is both easy and rewarding.
Another iqoption review states that as of 2018, the app had over 41 million users from 213 different countries around the world.
Markets and investment products
The minimum deposit required to trade varies by the type of asset being traded.
Options
Iqoption trades options in 11 industries:
- Communication services
- Consumer discretionary
- Consumer staples
- Energy
- Financials
- Health care
- Industrials
- Information technology
- Materials
- Real estate
- Utilities
In total, as of february 2020, iqoption offered 55 different options, including alibaba, gold, mcdonald’s, and tesla.
Forex
Again as of february 2020, iqoption offered 50 different forex pairs. Forex pairs compare one unit of currency to another. Examples would be U.S. Dollar/russian ruble, euro/new zealand dollar, and great british pound/japanese yen.
Stocks
Iqoption offers approximately 169 different stocks to trade. A few examples of iqoption’s stocks include:
- Amazon
- Coca-cola
- Colgate-palmolive
- Commerzbank (germany)
- General electric
- IBM corporation
- Microsoft
- Pinterest, inc.
- Quest diagnostics
- Salesforce.Com
Cryptocurrency
Iqoption allows clients to trade in 27 different kinds of cryptocurrency as of february 2020. They include everything from well-known cryptos including bitcoin, bitcoin cash, and ethereum to lesser-known cryptos that include omisego, cosmos, ontology, and NEO. The company also offers its own cryptocurrency wallet, hodly,
Commodities
Five commodities are available to trade on iqoption:
- Crude oil brent
- Crude oil WTI
- Gold
- Platinum
- Silver
Indices
Indices are included among the assets available on iqoption.Com. However, as of february 2020, no indices were listed as being available at the moment.
Etfs (exchange-traded funds)
25 etfs are available on iqoption. They include energy SPDR, gold miners ETF, MSCI mexico ETF, oil services ETF, S&P 500 ETF, ultrashort S&P500, and U.S. Real estate ETF.
Customer support
Clients can call iqoption customer service 24 hours a day, seven days a week from toll-free numbers in several countries that include: mexico, brazil, portugal, spain, india, and colombia. Phone numbers are also available for the U.K., australia, south africa, argentina, singapore, chile, and thailand, although toll fees are applicable in these countries. About 90 customer service representatives monitor and respond to these phone lines.
Iqoption customer support offers its services in a total of 14 different languages. In addition to these phone numbers, clients can also get in touch with the company through email or live chat. The average response time for a live chat is about 14 minutes, according to one iqoption review.
The general support email address is support@iqoption.Com.
Education
Iqoption offers a large number of video tutorials to help clients learn to trade successfully, navigate the website, and get the most out of their iqoption experience. Its “how to trade CDF?” video gives users a basic introduction to one of the most popular financial instruments available on the app.
Video tutorials are divided into the following categories:
- About us: these videos answer questions about the iqoption company itself.
- CFD trading: more in-depth information than that offered in the introductory video.
- Common: this category includes videos that answer frequently asked questions about the app and about options trading in general.
- Crypto digest: one of the largest categories on the site, this collection contains news and events about cryptocurrency from all around the world.
- Fundamental analysis: these videos describe how to use financial news and the calendar to make trades.
- Market news: one of the largest categories of videos, with news from all the different markets in which iqoption clients can invest.
- New features (self-explanatory)
- Options trading (self-explanatory)
- Technical analysis: these videos explain specifically how technical analysis is used in options trading. Indicators for technical analysis that can be found within this app include average directional movement index (ADX), average true range (ATR), awesome oscillator, bollinger bands, commodity channel index (CCI), moving average convergence divergence (MACD), parabolic SAR, relative strength index (RSI), and stochastic oscillator. In all, the apps use approximately 20 of these indicators.
Pros and cons
- An affiliate program allows traders to earn a commission by recommending the platform to others. The affiliate dashboard includes a suite of promotional materials that help the trader be able to promote their affiliate link.
- Charts on the app are large and easy to read, making it easy for users to monitor market conditions as they trade.
- Customer service is available 24 hours a day, 7 days a week, and 365 days a year.
- Economic calendars, historical quotes, market updates, multi-chart layouts, volatility alerts and other tools are available in the app. The platform offers a large number of trading tools that can’t be found on other binary trading apps.
- Iqoption is completely SSL encrypted, helping keep clients’ data safe from hackers.
- Iqoption’s apps are intuitive, easy to use, and easy to navigate.
- Minimum deposits on iqoption vary, but are generally kept around 10 U.S. Dollars. The affordability and ease of use of the app make it open to users who might not otherwise trade in the binary options market.
- No need to wait for a market’s opening time; trading is available around the clock, no matter where in the world you’re located.
- Regulation by a reputable financial regulatory agency, cysec, helps ensure that the platform is safe to use.
- The app is flexible, allowing traders to adjust their ratio of risk to profit in real time, even if the price of an option goes down.
- The global banking and finance review awards 2015 awarded iqoption the best binary options broker in europe 2015 award.
- The platform is suitable for day trading.
- The smallest possible trade amount, on certain financial instruments, is an affordable $1.
- Trading tournaments allow traders, for a small fee, to enter into direct head-to-head trading competitions that award prizes. Prizes range from cash to experiences; aston martin race day experiences have been given out as prizes in the past.
- A limited number of cryptocurrencies are available through the app. Iqoption could improve its appeal to a wider number of traders by adding additional crypto options.
- Cfds may not be the right financial instrument for all traders, due to the volatility inherent in the CFD market. Binary options have only two outcomes: the investor either makes a profit or loses all of the funds they’ve invested. An estimated 74% to 89% of all retail traders lose money overall when investing in cfds.
- If you’re looking to trade loans, iqoption is not the platform for you, since loans can’t be traded on the platform.
- Indices don’t seem to be currently available.
- Only traders from certain countries are able to use the app.
- Some types of financial instruments cap the maximum allowable investment at $10,000, which may be a disadvantage for those who want to execute large trades.
- The app isn’t integrated with metatrader 4 (MT4) or with ctrader.
- Trading tournaments are not available to clients who live inside the EEA.
The bottom line
A quick iqoption review of the financial instruments the company offers through its apps:
- 5 commodities
- 27 cryptocurrencies
- 25 etfs
- 50 forex pairs
- 55 options
- 169 stocks
Iqoption review is typically positive, focusing on the ease of use for those who want to get into binary options and particularly cfds. Regulated by the cysec, the company is generally thought to be a safe and reliable way to trade binary options and other financial instruments. It offers clients the chance to trade stocks, forex, cryptos, commodities, and etfs.
A wide variety of financial analysis tools and educational materials to help traders make the most of their experience are available within the app. Check to see whether the app is available in your country before you try to download it, unless you plan to use only the demo account. Overall, though, the apps have very few drawbacks compared to their strengths, whether you access them online, through the mac or PC app, or in one of the mobile versions.
Withdraw
Withdraw money from iqoption
Main question how receive money to paypal skrill or bitcoin. Also people ask proof or problems of withdrawal. To withdraw your money, go to withdraw funds. You will see a list of large icons representing available methods of withdrawal. Choose a method, enter the amount and other information, and click “withdraw funds”. Your request will be handled within 24 hours and you will receive your earnings.
Screenshot of withdrawal page
How long does it take to withdraw funds from iqoption?
We aim to process all withdrawal requests within 24 working hours. Please keep in mind that the payment service provider may require more time to complete the process depending on the payment method.
What are the minimum and maximum iqoption withdrawal amounts?
We have no restrictions as to the minimum withdrawal amount – starting from $2, you can withdraw your funds on the following page: iqoption.Com/withdrawal. To withdraw an amount less than $2, you will need to contact our support team for assistance. The maximum allowable withdrawal amount is $1,000,000.
How much can I withdraw per day from iqoption broker? Is there a limit?
You can withdraw up to $1,000,000 per day. The number of withdrawal requests is unlimited. The withdrawal request must not exceed the amount available on your account.
Do I need to provide any documents to make a withdrawal?
Yes. You need to verify your identity in order to withdraw funds. Account verification is necessary in order to prevent fraudulent financial transactions on the account.
Sample of withdrawal
Example 1:
within the last 90 days you have deposited from your card $200 USD, you now have $250 on your balance. To withdraw it all you need to apply for two withdrawals: $200 to your bank card and $50 to your e-wallet (skrill, fasapay, neteller etc) or use the wire transfer. Please be aware of the $50 fee, which banks take for the wire transfer, so this type of withdrawal is not the best one unless you withdraw more than $1000.
Example 2:
you have deposited $200 100 days ago, it means you now need to withdraw to the e-wallets, the card withdrawal is no more available because we only count 90 days from your last card deposit.
Example 3:
you have deposited from your bank card $200 and $100 from your e- wallet. You need to withdraw $200 to the bank card and then you will be able to withdraw to the e-wallet. Withdrawal to the bank card is prioritized (goes always first).
What is the recommended maximum and minimum withdrawal sum on iqoption?
There are no minimum withdrawal amounts – you can withdraw as low as $2 from iqoption. However, if you want to withdraw less than $2, then you must contact customer support for help. $1,000,000 is the maximum withdrawal amount.
Is there any limit to the amount I can withdraw in a day?
The maximum amount for daily withdrawal is $1,000,000. There is no limit to withdrawal request; however, it mustn’t exceed the sum in your account.
Are there any documents required for withdrawal?
Before you can withdraw funds you must first verify your identity. Account verification is a security measure against fraudulent transactions on your account.
What is the procedure for withdrawal?
The method of deposit determines your withdrawal procedure.
If you deposit through your card, you can withdraw the initial amount deposited back to your card, since it is considered a refund. It means you can withdraw your entire deposit to your cards over the foregoing 90 days. However, any amount exceeding this i.E. Your profit, shall be withdrawn straight to an e-wallet (neteller, webmoney or skrill), or you could use bank transfer (and pay a fee of 25 EUR fee).
If you’re depositing with an e-wallet, it means you can only withdraw to that e-wallet. You must first send a withdrawal request through the withdrawal page before you can withdraw funds. IQ option then processes the request within 3 working days. However, if you withdraw using a bank card, then be ready to wait for another 1-9 working days before the transaction is processed by the bank.
How long is the fund withdrawal process on iqoption?
Withdrawal requests should be processed within 3 working days. However, you should note that your payment service provider might need more time to process the information depending on the method of payment.
How do I initiate withdrawal from my trading account to my bank card?
1. First, visit the section tagged, ‘withdraw funds.’ pick a method of withdrawal, input the data and amount required, and then click on withdraw funds. We try our best to ensure that withdrawal requests are all processed within 24 hours. However, you should note that interbank withdrawal processes may require more time.
2. There is no limit to the amount of withdrawal request you can make. However, the amount should not be more than your available trading balance.
Withdrawals to bank cards are considered refund transactions.
*refunds are used to return money paid in previous transactions. This is why your withdrawal amount is limited to how much you deposited with the card in question.
Appendix 1 has a flowchart illustrating the process of withdrawal.
The following parties are involved in the refund:
2) acquiring bank i.E. The partner bank for IQ option
3) international payment system (IPS) – visa international or mastercard
Issuing bank – this is the bank where your account was opened and where your card was issued.
If there’s any problem involving any of the parties mentioned above during the process of withdrawal, it means the funds credited to your card might have issues. When withdrawing on iqoption, IQ option gives the acquiring bank the necessary information about your transaction. A special ARN* code is assigned to the operation by the acquiring bank, it is then passed on to the IPS. After this, the IPS assigns a special RRN* code before transferring the necessary information to your issuing bank. The operation is then processed by the issuing bank while the funds are credited to your card.
*both RRN and ARN identification codes are proof that the withdrawal was successful. The codes for each transaction are unique and serve as proof that that particular transaction was a success.
3. (appendix 1) flowchart detailing the withdrawal of funds from your trading balance to your bank card.
You can contact IQ option support from your account. 9 business days after initiating withdrawal request without being credited with funds. You can also get in touch with your own personal account manager (this option is only available to VIP clients)
Your message to our support team should contain the dates and the withdrawal amount yet to be credited to your bank card (this message should only be sent after 9 business days of not being credited). You should also attach a bank issued and signed credit card statement.
4.1. Iqoption support team will explain why your transaction was not successful and the steps you need to take.
4.2. Where there’s a successful transaction from both the IPS and IQ option, customer support then provides you with your special identification numbers (RRN, ARN). However, if the transaction is not credited, you should:
1) fill the template form1.
2) report it to the processing department of the issuing bank (the processing department might be referred to as processing center, bank card operations support department, payment services support department, to name a few). The issuing bank must be equipped to track refund transactions through RRN and ARN codes. If the bank is unable to track the aforementioned transactions using the codes, then they must sign the document. This document is then sent to IQ option’s support team. You must not forget to include the fact that they failed to credit you with the funds in the report. This is forwarded to the IPS, but only if there’s any official statement stating that the issuing bank could not process or find the operations.
A refund is a process initiated by a merchant or client where funds are returned to the card. A refund might be full (complete deposit) or partial (incomplete deposit).
ARN (acquirer’s reference number): this is a special transaction code issued by the bank
RRN (retrieval reference number): this is a special transaction code issued by a payment system.
Where to check withdrawals?
You can use link in your account to monitor your withdrawal.
What are the necessary documents for a withdrawal from iqoption?
Before you can withdraw funds you must first verify your identity. This is done to prevent any fraudulent transaction on your account.
These are the documents you need to send to us to complete the verification procedure:
1) A photo or scan of your ID (either driving license or national passport). Check out the example of valid ID.
2) make sure the scan or photo shows both sides of the ID (if you’ve used more than one ID to make deposit, then send all the copies used). You can keep the CVV number covered and expose just the first six and last four digits of the card number. The card must be signed. Check out the card image example.
However, if you deposited through an e-wallet, all you need to do is send a scanned copy of your ID.
The document verification will be completed within 3 working days of your withdrawal request.
Status of withdrawal. How soon before my withdrawal is completed?
1) the ‘requested’ status is attached after you make a withdrawal request. Funds are then deducted from your account.
2) the status is changed to ‘in process’ as soon as we start processing the request.
3) once the status changes to ‘funds sent’, funds are immediately transferred to your e-wallet or card. The implication of this is that we’ve completed the withdrawal and your funds have left our system.
Your withdrawal request status is always on your transaction history.
The e-wallet system or bank involved, will determine when you receive payment. For e-wallets, it takes just a day and 7-9 days if you’re using a bank.
How to create webmoney e-wallet to receive money
1) use this link to create your webmoney account
2) enter your phone number and confirm it
3) input your personal data
6) pick a currency to create your wallet
7) then make your deposit with e-wallet or bank card
This is a roundup of the charges for money transfer from your webmoney account:
2-2.5% if you’re withdrawing with bank card.
1.5-3.5% if you’re withdrawing through bank wire transfer.
What is ARN?
The ARN (acquirer reference number) is a special number used to tag transactions on a credit card from the merchant bank i.E. Acquirer. Through a card scheme, down to the issuer i.E. Cardholder’s bank. Issuing banks use the number to track transactions with acquirers.
You must always remember to make sure the ARN codes are submitted to the processing center of your bank (general client office employees are not always aware of the codes or how they’re used). If you’re unable to go to the processing center, you can get in touch with the bank officers in charge of processing card operations. They can help you track the money. Don’t forget to let them know that the transaction is not a new one but a refund.
How long to process withdrawal
Iqoption specialists will need time to go over every request properly before approving it. This usually takes about 3 days.
There’s need to ensure that you’re really the person making the request, to prevent any other person from accessing your funds.
This procedure is needed to secure your funds, including the verification process.
This is followed by a special procedure where you withdraw your funds to your bank card.
You’re only allowed to withdraw the amount transferred through your bank card in the last 90 days. This can be likened to a refund store.
The money is sent within 3 days, however your bank will require more time to roundup the transaction (i.E. Cancelling your payments).
This might take another 7-9 working days. This information can be found on your withdrawal history page.
You can also decide to transfer your profits from iqoptions into an e-wallet (neteller, webmoney or skrill) as they don’t have any limits and you’ll get your funds within 24 hours of completing your withdrawal request.
16 comments
Used my skrill and other way for deposit and withdraw on iqoption.Com so here a lot of way to withdraw as i know but i use mostly skrill.Com:
It’s not so hard get approval of withdraw request. I did it many times here.
Check out my withdraw:
Wants say thanks to iq option.Com team they helped me withdraw my money from my account. Great support by online chat and phone. I have VIP account maybe because of it any way i had many questions at the begining of my trading and verification account. Right now i know that if you add new bank card you need verify your bank card as soon as possible. I also upload my ID as i remember… it must be uploaded in good quality also. So just traded bitcoin last week and got my payout on my neteller account.
I trade every day and never seen such great fast withdraw ways on the trading platform… mostly i trade by crypto like bitcoin or litcoin for last few weeks on IQ.
I used fasapy to withdraw money from IQ option, great way to withdraw your funds and very fast
I withdraw today my funds about 2700 usd thanks for review i did it fast and easy
I had withdrawn from my bank card with the iq option. Withdrawal has not been credited to my bank account since 2 months. When I talked to the iq option, they gave me the ARN number. When I asked the bank to trace the ARN number, the bank could not trace it. I sent in the bank statement iq option but still did not help me. Should I understand that the iq option has cheated me? Because if the payment is not credited to my bank account, then where is my money? In this neither the bank is helping me nor iq option.
Try ask some other manager in the bank find your transaction by ARN
My account is verified..
Do I need to send a copy of my ID
after a withdraw request?
Same issue I’m facing.
Is there any solution?
Same issue happened to me as well. I had withdrawn from my bank card with the iq option. Withdrawal has not been credited to my bank account since 1 months. When I talked to the iq option, they gave me the ARN number. When I asked the bank to trace the ARN number, the bank could not trace it. I sent in the bank statement iq option but still did not help me. Should I understand that the iq option has cheated me? Because if the payment is not credited to my bank account, then where is my money? In this neither the bank is helping me nor iq option
Almost all brokers make withdrawals like refund. So, for example if you made dedeposit by bank card on 50 usd and made some profit… 50usd you will receive as refund and rest of amount by other payment methods.
About refund… to track refund you need know ARN number… you have to go to the bank and explain them that you are waiting for refund. Also you need provide them with ARN number… also be sure that manager of the bank not a newbie in his department
I withdraw my funds 1100. Everything is very clear and fast
Today I withdrew $ 1000 and they came to me immediately on the card!
How to withdraw money from IQ option? Best methods and tips you should know
It’s one of the nightmares of traders: being unable to withdraw money. You may have come across refused or stalled withdrawals. There could be two reasons for this: the broker you’ve been dealing with may not be a legitimate entity or, if it is a genuine broker, it’s been enforcing strict withdrawal procedures to make sure money is transferred to the right person. The former is unfortunate, and the latter is understandable and works to your advantage because of all the instances of fraud involving both brokers and traders.
If you’ve struggled before with withdrawing your earnings from a broker, you’ll find IQ option a great improvement. This platform has fast and hassle-free withdrawals. In this guide, we’ll walk you through the withdrawal process, options, and limitations using this broker. We’ll also throw in some pointers on how to invest your earnings properly.
The great thing with IQ option is that it offers a free demo trading account that you can test drive if it’s your first time to come across the company. You get virtual funds that you can use for simulated trading or, if you want, for real trading. You can try the product first-hand to learn more about its trading tools and features at no cost thanks to the IQ options free trial.
Things you should know before withdrawing money from IQ option
- Should you withdraw money right away?
- IQ option withdrawals: quick summary
- Withdrawal options
- Recommended E-wallet providers
- Withdrawal limitations
- Withdrawal steps
- Continuing your investments and winning strategy
There are many advantages to using IQ option. You’ll be dealing with a known legal entity that is licensed and regulated by the cyprus securities and exchange commission. It has one of the easiest trading apps around. From it, you can expect world-class customer support and safe and fast money withdrawals using several methods, as you’ll learn in this article.
Even if you find in your research that IQ option is the real deal, it is still important that you read in detail its terms and conditions. While the steps in withdrawing may be the same for most brokerage companies – select amount, choose withdrawal procedure, confirm your decision, and wait – there may also be crucial differences.
These include the allowable amount that can be withdrawn and the length of time before money is transferred to your bank. Of course, the broker may require other things from you, such as proof of identification or other supporting documents. With IQ option, you’ll find the process more streamlined than most, which makes it a popular platform for both long-time and new traders.
Should you withdraw money right away?
Chances are that, like most traders who make their first successful trades, your first impulse is to get a hold of your gains by quickly withdrawing your funds. But more successful binary options traders eschew this approach because of higher long term gains. IQ option posted these practical tips on its website:
- If you only trade to have some fun, go ahead and withdraw your money. In this case, you should ask yourself why you invest real money at all. You could have the same fun completely risk-free with the IQ option demo.
- If you trade seriously, yo u should wait before you withdraw as you probably have a trading plan.
The broker’s advice aside, let’s answer our question: how to withdraw money from IQ option?
IQ option withdrawals: quick summary
Withdrawing through IQ option is just as fast and easy as earning money using the app. It’s one of the simplest in the binary options trading niche, as cited in various binary options brokers reviews . You can use credit cards, e-wallet providers, and wire transfer to withdraw money.
You could enjoy the immense benefits of credit card and e-wallet withdrawals absolutely for free. You only need to factor fees when you choose the wire transfer withdrawal option, the rate depending on your provider.
Where other brokers take two days to process your withdrawal and charge you $30 to $50 for it, IQ option does the same job quicker–within 24 hours and for free.
Such policies matter. IQ option stands as the best choice for traders to make the most of their withdrawals.
The IQ option trading platform.
Withdrawing money from IQ option: best methods and tips
IQ option processes all withdrawals within one business day free of charge, but how soon the money gets in your hands and how much else you pay after IQ option depends on whether you are withdrawing through credit or debit card, wire transfer, or e-wallet. Check out the different withdrawal methods below.
Withdrawal options
1. Credit card/debit card withdrawal
Withdrawing through a credit card or debit card is the preferred choice of withdrawal at IQ option. Currently, IQ option accepts withdrawal from following bank cards: visa, visa electron, maestro, and mastercard.
In case you are having reservations about conducting funds withdrawal through your bank card, you may rest assured in the fact that IQ option boasts the first highest payment card industry data security standard, merchant level.
2. Wire transfer withdrawal
There are several reasons why you may want to use wire transfer only as a last option to withdraw funds from IQ option. As with e-wallets and bank cards, IQ option will process wire transfer withdrawal requests within 24 hours. Once such withdrawal requests leave IQ options, however, they usually take a longer time to complete processing by the banks in which you hold an account.
Wire transfers generally require payment. The rate depends on the locations involved and the practices of your bank. Most traders can avoid such fees, but if you cannot, it would be wise to consider the cost of payment involved. With credit card withdrawals, you do not have to consider such fees.
While it can be said that withdrawing through wire transfer is best reserved as a last-resort option, there are also special reasons why this payment method is still necessary. One outstanding reason is the existence of the so-called anti-money-laundering law, which is reflected in a provision, which only allows you to withdraw through your credit card as much money as you deposited using it. If instead, you deposited money via wire transfer, that leaves you no option but to stick to wire transfer for all withdrawals, having opted out of credit card transactions.
It might also happen that you have eventually used up all your bank card credit: when you have withdrawn as much money as you have deposited. If this happens, withdrawing through wire transfer might be the only option left for you.
3. E-wallets
One of the better methods to withdraw your winnings is via an e-wallet. It is usually provided by a third-party provider or payment gateway. E-wallets are not without issues, though. But if you stick to the popular ones, you’re less likely to encounter problems. Below, we list the most common e-wallet channels used for IQ option.
The IQ option withdrawal page.
Recommended E-wallet providers
How to withdraw money from IQ option using e-wallets? Here are the different providers with a few tips, one that will allow you to use this channel to get your earnings.
1. Skrill
Skrill is based in london, united kingdom. During registration, it asks for your email address to be used as your account login. You have a chance to activate two-factor authentication for additional security. You can link your bank account or credit card, but expect the verification process to take some time.
Make sure that your preferred currency is from one of the 40 countries accepted by skrill. Skrill does not operate in latvia, afghanistan, cuba, myanmar, nigeria, somalia, and yemen. It is also unavailable in iraq, eritrea, and libya. Note that skrill sets a maximum limit to your transactions.
2. Neteller
Headquartered at douglas, isle of man, neteller requires you to verify your account first before you could retrieve your funds. To do this, you have to submit a bank statement issued not later than three months ago.
For account login, you will use your email address, which it asks for during the registration process. It also offers what it calls net+ prepaid card, which you can conveniently use for direct money transfers.
Neteller sets both minimum and maximum transaction amounts, the latter depending on your choice of currency.
It supports 26 national currencies, which you can verify on its website indicated above.
Neteller does not work in afghanistan, china, cuba, eritrea, iraq, kyrgyzstan, and libya. It offers limited services in the following countries and territories: france, germany, hong kong, italy, macao, singapore, spain, turkey, UAE, and the united kingdom. In most arab countries, banks do not work with neteller. Clients from these countries may want to use webmoney or skrill instead.
3. Webmoney
Headquartered in moscow, russia, webmoney has won several awards in 2016. No bank account or credit card is required to open or operate a webmoney account, making it accessible to many people. It supports 8 different currencies and assets, which can be verified on its website through the link above.
Webmoney does not provide its services in the following states and territories: american samoa, afghanistan, algeria, angola, bosnia and herzegovina, ecuador, guam, guyana, indonesia, iraq, laos, libya, mali, mauritania, myanmar, northern mariana islands, panama, papua new guinea, somalia, yemen, uganda.
4. Boleto
Boleto is a payment method in brazil, where it is officially known as boleto bancário. It is regulated by FEBRABAN, short for the brazilian federation of banks. A boleto can be paid at atms, branch facilities, and internet banking of any bank, post office, lottery agent, and some supermarkets until its due date. After the due date, it can only be paid at the issuer bank facilities.
Boleto can only be collected by an authorized collector agent in the brazilian territory.
5. Fasapay
An indonesian electronic payment system based in orchard road, singapore, fasapay allows a maximum withdrawal of $75,000.00 and a minimum of just $1 per transaction. You can do multiple transactions each day at fees ranging from free to 5%.
You must be a verified account holder to make transactions at fasapay. To be a verified account holder, pasafay requires the submission of bank documents. Aside from the standard account password, fasapay provides 4 other ways to secure your account.
Fasapay currently supports US dollar and indonesian rupiah (IDR) currencies.
Withdrawal limitations
As a security measure, IQ option requires that you withdraw using the same bank card or e-wallet you have used to make a deposit. If you don’t, the system will cancel the withdrawal request. Thus, if you have initially deposited through neteller, then you need to make the withdrawal back through neteller.
For bank cards, you must withdraw within 90 calendar days from the last deposit. Another security measure applies: how much you withdraw must not exceed the amount you deposited. This limitation does not apply to e-wallets.
Finally, if you choose to withdraw through both your bank card and e-wallet, IQ option prioritizes withdrawals through bank cards than other types of withdrawals.
IQ option has recently implemented instant bank card withdrawal processing , which eliminates the previous 3 working days waiting period for your withdrawal application to be processed. Nevertheless, bear in mind that once the application is approved, it can take your bank up to 9 working days to credit the funds to your account. It pays to remember this and not get alerted when you see the status indicates it has been completed, yet you still don’t see funds on your card.
- Example 1: you initially deposited $500 to your card. Within 90 days, you accumulate $600 on your balance. To withdraw, you need to proceed with two withdrawals: $500 to your bank card and $100 to your e-wallet of choice (neteller, skrill, etc.). Or you can use wire transfer, though this will leave you with $50 less as processing fee. Not a good way to withdraw, unless you have large enough funds to offset the cost of processing.
- Example 2: you deposited $500 and have the same amount that you now want to withdraw after 100 days—well past the 90-day window that allows you to withdraw through your bank card. Bank card withdrawal option out, but e-wallet or wire transfer options still possible. Most likely, you will choose e-wallet to avoid the $50 processing fee.
- Example 3: you have deposited $500 through your bank card and $100 through your e-wallet. You want to leave your bank card funds intact but withdraw from your e-wallet. IQ option does not allow that: you need to withdraw $500 through the bank card first before you can withdraw from the e-wallet. This is the withdrawal hierarchy at IQ option, requiring clients to make withdrawals against bank cards first before e-wallets or cash transfer. If you have carefully read through the previous discussions, you should be ready to make your first IQ option withdrawal.
Steps to withdraw money from IQ option
IQ option applies an identical algorithm for fund withdrawal regardless of the mode of payment you choose. To proceed with withdrawing funds from IQ options, do the following:
- Go to iqoption.Com
- Sign in
- Click on the user pick in the upper right-hand corner of the screen
- Select “withdraw funds” from the list of available options
- Click on the preferred payment system
- Follow the specific instructions indicated
Continuing your investments and winning strategy
Withdrawing your money from IQ option means one thing – you’ve accumulated enough from your winnings and are out to enjoy the fruits of your wise trading strategy. You’ve seen how easy the process is to get your cash from your partner broker. You’re a serious money trader and want to plow in back your winnings or even just a part of it. You feel you have a full grasp of the numbers trend and how commodities, currencies, and stocks move in the world market. No worries.
Depositing your money to IQ option is as simple as withdrawing it. You just go to your account, click the deposit button, select your payment method (credit or debit card, wire transfer), enter your credit card information, and then press “pay” to see your money deposited in your account. To get the full details on how it all works, you can head over to our article how to deposit money to IQ option? Best methods and tips to fund your account.
IQ option can be your investment gateway to the world of binary options trading. It is a multi-awarded online trading company that boasts of 25 million registered users worldwide and a monthly trading volume of $380 million. In 2016, it introduced instant withdrawals and one-day processing, and currently peaks at over $10 million in total withdrawals per month. It also has one of the most advanced online as well as mobile trading apps. If you want to, you can start trading at once – just sign up for IQ option free demo account.
So, let's see, what was the most valuable thing of this article: on some forums, I’ve read traders’ statements saying that IQ option had blocked their trading account. Since this broker belongs to my favorite brokers at iq option withdrawal proof 2021
Contents of the article
- Real forex bonuses
- IQ option has blocked my trading account – how to...
- Reasons, why IQ option might block your...
- What to do when you cannot log in to your...
- Important info:
- Identity verification
- More about IQ option
- Making withdrawal on IQ option + proof of 2...
- Initiating withdrawal of funds on IQ option
- Payment card verification on IQ option
- Effective withdrawal of funds from IQ option...
- Can two withdrawals be ordered in one day?
- Summary
- IQ option review 2021
- Account opening
- Commissions and fees
- Deposit and withdrawal
- Regulation and reputation
- Trading platforms
- Mobile trading
- Markets and investment products
- Customer support
- Education
- Pros and cons
- The bottom line
- Withdraw
- Withdraw money from iqoption
- Screenshot of withdrawal page
- How long does it take to withdraw funds from...
- What are the minimum and maximum iqoption...
- How much can I withdraw per day from iqoption...
- Do I need to provide any documents to make a...
- Sample of withdrawal
- What is the recommended maximum and minimum...
- Is there any limit to the amount I can withdraw...
- Are there any documents required for withdrawal?
- What is the procedure for withdrawal?
- How long is the fund withdrawal process on...
- How do I initiate withdrawal from my trading...
- Where to check withdrawals?
- What are the necessary documents for a withdrawal...
- Status of withdrawal. How soon before my...
- How to create webmoney e-wallet to receive money
- What is ARN?
- How long to process withdrawal
- How to withdraw money from IQ option? Best...
- Things you should know before withdrawing money...
- Should you withdraw money right...
- IQ option withdrawals: quick...
- Withdrawing money from IQ option: best...
- Withdrawal options
- Recommended E-wallet providers
- Withdrawal limitations
- Steps to withdraw money from IQ option
- Continuing your investments and winning strategy
- Withdrawal options
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