IQ Option review

Spread from

0.0 pips

EUR/USD spread

Approx. 1.0 pip

GBP/USD spread

Approx. 1.5 pips

Commission

$0 on standard CFD forex trading

All-in cost, EUR/USD

Approx. 1.0 pip

Spread type

Variable

Overnight swap

Both: overnight financing may be charged; rates depend on asset and direction

Inactivity fee

€10/month or equivalent after 90 consecutive days of inactivity

Withdrawal fee

Generally none; bank-wire charges may apply

Currency conversion

Conversion at applicable exchange rate

Costs below are the broker's published figures, which is not the same as what you will pay.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

IQ Option lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Stocks, Cryptocurrencies, Commodities, Indices, ETFs, Binary Options, Digital Options, Perpetual Futures

Currency pairs

40+

Total instruments

500+

Crypto CFDs

Yes

Maximum leverage

1:1000

Execution model

Market maker / principal

Execution speed

Under 100ms

Order types

Market, limit-style pending orders, stop-loss, take-profit, trailing stop, Auto-Close

Servers

Global trading infrastructure

Leverage up to 1:1000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

IQ Option covers forex, stocks, cryptocurrencies, commodities, indices, etfs, binary options, digital options, perpetual futures. A wider range matters less than depth in the instruments you actually trade.

Funding options: credit/debit cards, bank transfer, e-wallets and extensive local/regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

IQ Option Web Platform, IQ Option Desktop, IQ Option Mobile

Own platform

Yes

Mobile app

Proprietary, iOS and Android

Browser trading

Yes

Automated trading

No MetaTrader EA support

Copy trading

No

Indicators

100+ indicators and analytical tools

Third-party tools

Integrated technical indicators, drawing tools and market-analysis functionality

API access

No official standard retail trading API

IQ Option offers IQ Option Web Platform, IQ Option Desktop, IQ Option Mobile. A proprietary platform can be excellent, but it means your setup does not transfer if you later change broker.

Regulated by

International entity: registered in Antigua and Barbuda, not regulated by a major financial-services regulator; EEA entity: CySEC (247/14)

Regulator tier

Tier 1 through EEA entity; Unregulated internationally

Register entry

CySEC CIF Register, licence 247/14

Client money segregated

Yes

Held at

Regulated banking institutions

Negative balance protection

Yes

Compensation scheme

ICF up to €20,000 for eligible EEA clients; none for international clients

Audited by

Independent external auditors

Not available to

United States, Canada, EU/EEA, United Kingdom, Australia, plus additional restricted jurisdictions

This is the one claim on the page that can be checked against a public register, so it is the one to check.

IQ Option holds a tier-one authorisation from CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

Check the licence yourself: the CySEC register of investment firms.

Minimum deposit

$10

Account types

Real, Demo/Practice, VIP

Account currencies

USD, EUR, GBP and numerous regional currencies

Islamic account

Yes, jurisdiction-dependent

Demo account

Yes

Professional account

Yes, EEA professional classification where eligible

Minimum trade size

$1

Time to open

Typically a few minutes

Deposit methods

Credit/debit cards, bank transfer, e-wallets and extensive local/regional payment methods

Withdrawal methods

Bank transfer, cards, e-wallets and applicable original funding methods

Deposit time

Cards/e-wallets generally instant; bank transfer several business days

Withdrawal time

Typically processed within 1 business day; settlement varies by method

Minimum withdrawal

$2

Local payment methods

Extensive country-specific local bank transfers, e-wallets and payment systems

Support hours

24/7

Contact channels

Live chat, email, Help Centre

Languages

Multilingual

Telephone

N/A

Email

support@iqoption.com

Live chat response

Approx. 30 seconds

Education

Extensive: video tutorials, trading guides, educational articles, platform tutorials and market education

Research

Market analysis, technical indicators, news, trading ideas and analytical tools

Legal entity

SKY LADDER LLC

Company number

ILLC 004

Headquarters

Saint John's, Antigua and Barbuda

Founded

2013

Publicly listed

No

Parent company

Independent

Employees

500+

Also trades as

IQ Option; IQOPTION