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Match Me

IQ Option Review

Marcus Thompson

Written by

Marcus Thompson
Sarah Chen

Fact Checked by

Sarah Chen

Updated

Jan 4, 2026
Broker review header

75

Trust Score: 75/100

Based on regulatory status, company history, and financial transparency

  • 100+ million registered users worldwide
  • Award-winning proprietary platform
  • $10 minimum deposit (lowest in industry)
  • Regulated by CySEC (EU)
  • 24/7 trading available
  • Digital options (non-EU only)
  • Trading tournaments
  • Free $10,000 demo account

Founded

2013

Headquarters

Limassol, Cyprus

Clients

100+ million registered

Why choose IQ Option

IQ Option is a pioneering online trading platform founded in 2013, known for its award-winning proprietary platform and ultra-low $10 minimum deposit. With over 100 million registered users worldwide, IQ Option offers CFDs on forex, stocks, cryptocurrencies, and commodities, plus digital options (non-EU). The platform is regulated by CySEC (Cyprus) for EU operations via IQ Option Europe Ltd. IQ Option's proprietary platform is widely considered one of the best-designed in the industry, featuring a sleek interface, comprehensive charting tools, and seamless mobile experience. The broker offers 24/7 trading on many instruments, tournaments with prizes, and a VIP account with enhanced features. Note: Binary/digital options are not available for EU/EEA/UK clients due to regulations.

Pros

  • Industry-leading platform design
  • $10 minimum deposit
  • 100+ million users
  • 24/7 trading available
  • Free demo account
  • CySEC regulated (EU)

Cons

  • No MT4/MT5 support
  • Digital options not available in EU/EEA/UK
  • Lower trust than Tier-1 only brokers
  • Inactivity fee after 90 days
IQ Option logo

IQ Option

Save Wishlist's

Popular choice

Min Deposit:

$10

Inactivity Fee:

No

Regulated:

Yes

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IQ Option uses a spread-based pricing model for CFDs with no commission. Spreads are variable and competitive. Digital options (non-EU) offer fixed payouts up to 95%. A €10/month inactivity fee applies after 90 days of no login. First withdrawal each month is free; subsequent withdrawals may incur fees. Bank wire withdrawals have a $31 fee.

InstrumentStandardRaw/Pro
EUR/USDFrom 1.4 pipsN/A
GBP/USDFrom 1.7 pipsN/A
USD/JPYFrom 1.5 pipsN/A
Gold (XAU/USD)From 0.50 pointsN/A
Bitcoin (BTC)VariableN/A
Stocks CFDNo commissionN/A

Deposit Fee

$0

Withdrawal Fee

Free (1/month), bank wire $31

Inactivity Fee

€10/month after 90 days

Currency Conversion

Varies

Non-trading fees

Inactivity fee: No.

IQ Option Europe Ltd is regulated by CySEC (Cyprus Securities and Exchange Commission) under license 247/14 for EU/EEA clients. Client funds are held in segregated accounts with negative balance protection. ICF (Cyprus) provides investor protection up to €20,000 for EU clients. The international entity operates under different regulatory frameworks with less oversight.

Regulatory Status

RegulatorCountryTierLicense
Cyprus Securities and Exchange Commission (CySEC)Cyprus/EUTier-1247/14

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionICF (Cyprus) up to €20,000 for EU clients
Compensation SchemeICF (Cyprus) €20,000 for EU clients

Is regulated?

Yes, heavily regulated.

Find your safe broker

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IQ Option offers an ultra-low $10 minimum deposit with instant processing for most methods. Multiple payment options including cards, Skrill, Neteller, crypto, and regional methods. First withdrawal each month is free; bank wire withdrawals have a $31 fee. $2 minimum withdrawal amount. Fast processing typically within 1-3 business days.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
Credit/Debit Card (Visa, Mastercard)InstantFree$10
Skrill/NetellerInstantFree$10
CryptocurrencyInstantFree$10
Bank Wire3-5 business daysFree$10

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
Credit/Debit Card1-3 business daysFree (1/month)$2
Skrill/Neteller1-3 business daysFree (1/month)$2
Bank Wire3-5 business days$31$2

Base Currencies

USD, EUR, GBP, BRL

IQ Option offers a simple single Standard account with access to all features. VIP account available for non-EU clients with $1,900+ deposit offering higher payouts and dedicated support. Account opening is instant with email registration. Verification required for withdrawals. Free $10,000 demo account included for unlimited practice.

Account Types

Account TypeMin. DepositKey Features
Standard Account$10
  • • All instruments
  • • CFD trading
VIP Account (Non-EU)$1,900+
  • • Higher payouts on options
  • • Personal account manager

Verification Steps

  • Time to open: Instant (email signup)
  • Demo Account: Yes
  • Islamic Account: Yes
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IQ Option's mobile app is consistently rated among the best in the industry for its intuitive design and full functionality. Available for iOS and Android with all trading features, advanced charting, and seamless synchronization with web platform. Features biometric login, real-time alerts, and smooth performance.

App Features

  • Award-winning UI design
  • Full trading functionality
  • Advanced charting tools
  • Technical indicators
  • Price alerts
  • Real-time quotes
  • Portfolio management
  • Biometric login

IQ Option uses only its proprietary platform available as web, Windows, and macOS applications. The platform is renowned for its sleek, modern design with multi-chart layouts, 100+ indicators, and comprehensive analysis tools. No MT4/MT5 support. The platform supports 24/7 trading on select instruments and integrates trading education directly.

Supported Platforms

  • IQ Option Platform: Proprietary award-winning trading platform.

IQ Option offers 300+ CFD instruments including 50+ forex pairs, 25+ cryptocurrencies, 180+ stocks, indices, commodities, and ETFs. Digital options (non-EU) provide fixed-payout trading on various assets. Leverage up to 500:1 available for international clients. EU clients have restricted leverage per ESMA regulations.

Available Instruments

Forex Pairs50
Indices15
Stocks180
Commodities10
Cryptos25
ETFs20

Leverage Limits

InstrumentMax Leverage
Forex30:1 (EU) / 500:1 (International)
Indices20:1 (EU) / 100:1 (International)
Stocks5:1 (EU) / 20:1 (International)
Crypto2:1 (EU) / 100:1 (International)

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Frequently Asked Questions

IQ Option Europe Ltd is regulated by CySEC (Cyprus) under license 247/14 for EU/EEA clients. Client funds are held in segregated accounts with ICF protection up to €20,000. The platform has 100+ million registered users globally. However, the international entity operates under different regulatory frameworks.

IQ Option has one of the lowest minimum deposits in the industry at just $10. This makes it highly accessible for beginners. VIP accounts require $1,900+ deposit for enhanced features.

Digital options are available for non-EU/EEA/UK clients only. Due to ESMA regulations, binary and digital options are banned for EU retail clients. EU clients can trade CFDs on forex, stocks, crypto, and commodities.

IQ Option has no commission on CFDs (spread-based). First withdrawal per month is free; bank wire has $31 fee. Inactivity fee of €10/month applies after 90 days of no login. Deposits are free.

No, IQ Option uses only its proprietary platform (web, Windows, macOS, mobile). MT4 and MT5 are not supported. The proprietary platform is known for its award-winning design and user experience.

IQ Option offers 300+ instruments: 50+ forex pairs, 25+ cryptocurrencies, 180+ stocks, indices, commodities, and ETFs. Digital options (100+ assets) available for non-EU clients only.

Yes, IQ Option offers a free demo account with $10,000 virtual funds. The demo account never expires and can be refilled unlimited times, perfect for practice.

EU clients: Up to 30:1 on forex, 20:1 on indices, 5:1 on stocks, 2:1 on crypto (per ESMA). International clients can access higher leverage up to 500:1 on forex.

IQ Option serves clients in most countries except USA, Canada, Australia, Japan, and some others. Availability of features (like digital options) varies by jurisdiction due to regulations.

Withdrawals typically process within 1-3 business days for cards and e-wallets. Bank wire takes 3-5 business days. First withdrawal each month is free.
Marcus Thompson

Marcus Thompson

Trading Platforms • Technical Analysis • Execution Quality

Author of this review

Marcus has been trading the forex markets since the early 2000s and specializes in platform evaluation. He tests every broker's trading platform, analyzing execution speed, charting tools, and user experience to give traders honest assessments.

Trading Platforms Expert — Everything you find on BrokerAnalysis is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback.

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Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.

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