IQ Option deposit methods – How much money do you need?

Introduction to the IQ Option deposit:

The deposit conditions with the broker are not just a secondary condition. They may well be the deciding factor in choosing the perfect provider. Traders should therefore inform themselves about the respective conditions before creating a trading account. For example, some brokers only offer a very limited number of deposit methods.

IQ Options trading platform
IQ Options trading platform

Then it may happen that the desired payment method is not available. It can also happen that the processing of deposits takes a long time. This significantly delays the start of the trade and may allow lucrative return opportunities (*Return: amount credited to an account in the event of a successful trade) to be pre-calculated. A few brokers even charge fees for depositing funds into the trading account. The amount of the minimum deposit is also crucial. In the following guide, we will take a closer look at all these mentioned points. We will show everything traders should know about the IQ Option Deposit.

In addition, traders should of course generally deal with the services of the broker. We have compiled a comprehensive test report on IQ Option, which reveals all the advantages and disadvantages of the broker. We have thoroughly examined all background information about the broker and the way the company works.

Most importan information about the deposit:

  • IQ Options offers to trade in options, forex, CFDs, crypto, stocks, and more
  • Traders have two different trading accounts and a demo account available
  • The amount of the deposit determines which account is used by the trader
  • The IQ Option minimum deposit is 10 EUR/USD/GBP
  • Various methods are available for deposits, such as credit card or Skrill

(Risk warning: 85% of retail investor accounts lose money when trading CFDs with this provider)

How to do your deposit on IQ Option:

Before funds can be deposited into the IQ Option account and trading can begin, an account must of course be opened. To make a deposit, the following system is recommended:

Click the deposit button
  1. Open the homepage of Broker IQ Option. On the upper right-hand side, you will find a button that opens a registration form. This form must be filled out carefully. Traders should also read the provider’s terms and conditions. Afterward all entered data will be transmitted to the broker.
  2. After successful account activation, a deposit can be made. To do this, traders select their preferred payment method and enter an amount to be transferred to the account.
  3. Once the transfer order is submitted, traders must wait for the funds to arrive. IQ Option manages to process most requests within 1 to 2 business days. In general, bank transfers take considerably longer than payments by credit card or payment services such as Skrill.

(Risk warning: 85% of retail investor accounts lose money when trading CFDs with this provider)

Deposit methods for the IQ Option deposit:

As a customer-friendly and service-oriented broker, IQ Option offers a wide range of payment methods:

  • Credit card (Mastercard, Visa, Maestro) – free of charge
  • Depit Cards
  • PayPal
  • ADC Cash
  • Bank transfer (subject to charges)
  • Oerfect Money
  • WebMoney
  • Skrill
  • Neteller
  • Wire Transfer
  • Poli Internet Banking
  • Instant bank transfer
  • GiroPay
  • iDeal
  • Fasapay
  • Boleto
  • Bitcoin

As mentioned above, the duration of the transfer depends on the method you choose. There are no fees for any of the listed options.

Which account types does IQ Option offer?

IQ Option addresses its offer to experienced traders, who still want to learn how to use the financial instruments. The provider has designed two different account types specifically for this purpose, which differ from one another in terms of the scope of services and minimum deposit.

A minimum amount of 10 EUR/USD/GBP is required to open an account. IQ Option does not offer a conventional bonus, but traders have the option of using the demo account, which is unlimited in time, to try out trading with virtual capital first. If you don’t want to open a live account with IQ Option right away, you can use the demo account. This is absolutely free of charge and not linked to the real money version. The opening can take place completely independently and without an actual money deposit. A total of 10,000 dollars is then available to traders on their virtual accounts.

A whole new trading experience

Compared to the standard model, the premium version offers above all an improved and more personalized service. For example, every holder of a VIP account has an individual account manager available after the IQ Option deposit of more than $ 3,000 (only for traders outside the EU). This person is available 24 hours a day and takes care of the trader’s concerns. Users of the standard account are not allowed to do so. However, the maximum return payout of 100%+ is the same for both versions.

IQ Option trading assets

IQ Option specializes in derivatives trading like options, forex, CFDs, crypto, stocks, and more. The broker offers its clients different types of options, which allow the design of different trading methods. The range of available assets is also quite impressive.

  • Call / Put: Of course, the classic options are available at IQ Option. Traders speculate that the price of an underlying asset will be above (call) or below (put) the current market value at a specified time.
  • Turbo Options: Prices of underlying assets, especially foreign currencies, can fluctuate significantly within a single minute. To be able to react to these developments, IQ Options offers its traders special turbo options. These have a duration between 60 seconds and five minutes. For regular options, a time span in 15-minute intervals with a maximum duration of 30 minutes is common.
  • Underlying: Traders can use numerous underlying to trade binary options at IQ Option. Compared to some competitors, this is an acceptable value, but not too high. The underlyings cover a wide range of commodities, stocks, indices, and currencies.
  • Forex: Buy and sell currency pairs with high leverage of a maximum of 1:1000. The spreads are very low from 0.5 pips.
  • Stocks and ETFs: Invest in more than 200 different stocks and ETFs from all over the world. You can buy and sell stocks via CFDs with leverage. Short selling is possible.
  • Crypto: Trade more than 15 different cryptocurrencies. Leverage and short selling are possible.

Our conclusion on the IQ Option deposit:

IQ Option is an absolute specialist in online trading. As a trader, you can rely on a wide range of underlyings and a stable trading platform. Turbo options are also available for particularly short-term trading.

The different account models are aimed equally at all types of traders. It is possible to trade with IQ Option from an initial deposit of 10 EUR/USD/GBP. Anyone wishing to deposit money with the broker can use a whole range of payment methods such as bank transfers, credit cards, or payment services.

(Risk warning: 85% of retail investor accounts lose money when trading CFDs with this provider)

Read our other articles about IQ Option:

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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