The numbers
Operating since
2013
Regulation
CySEC (EU entity)
Min. deposit
$10
Min. trade
$1
Max. payout
up to 95%
Withdrawal time
1–3 business days
Free demo
$10,000
Instruments
250+
Apps
web, ios, android, windows, macos
What it does well
- Operating since 2013 — by far the longest track record of the three
- Around 250 instruments: forex, stocks, ETFs, commodities, indices and crypto
- The most polished charting and the best-rated mobile app in the group
- Extensive free tutorials, webinars and a well-built demo account
- European arm is licensed by CySEC
What to watch out for
- $10 minimum deposit and mandatory verification make the start slower
- Not available in a long list of countries, including India and Indonesia
- Fewer local payment methods than Pocket Option in most emerging markets
- A $10 monthly inactivity fee applies after 90 days without a trade
How IQ Option scores
| Criterion | Weight | IQ Option |
|---|---|---|
| Withdrawal speed | 22% | 7.0 |
| Cost of getting started | 15% | 7.5 |
| Payouts and fees | 15% | 7.5 |
| Platform and apps | 11% | 9.2 |
| Customer support | 7% | 8.2 |
| Local deposits and withdrawals | 8% | 7.5 |
| Markets and instruments | 8% | 9.5 |
| Track record and oversight | 9% | 9.2 |
| Education and demo | 5% | 9.3 |
| Weighted score | 8.0 |
Where IQ Option accepts traders
IQ Option does not accept clients from 38 countries and territories, including the United States, the United Kingdom and most of the European Union. Below are the countries we cover where it is available.
🇳🇬Nigeria🇰🇪Kenya🇿🇦South Africa🇬🇭Ghana🇹🇿Tanzania🇵🇰Pakistan🇧🇩Bangladesh🇵🇭the Philippines🇲🇾Malaysia🇻🇳Vietnam🇹🇭Thailand🇹🇷Turkey🇧🇷Brazil🇲🇽Mexico🇨🇴Colombia🇦🇷Argentina🇨🇱Chile🇵🇪Peru🇪🇨Ecuador🇻🇪Venezuela🇸🇦Saudi Arabia🇦🇪the UAE🇪🇬Egypt🇲🇦Morocco🇩🇿Algeria🇰🇼Kuwait🇶🇦Qatar🇮🇶Iraq
Open your IQ Option account
Registration takes about a minute and opening the account is free.
Open accountTrading involves risk of losing your capital.