Plus500
- Min Deposit $100 or equivalent
- 2,000+ Tradable Assets
- Max Leverage: 30:1 , 300:1 professional clients
- Official Partner Atlético de Madrid
"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
IQ option is an investment firm and software developing brand, but its main focus is the online trading platform. It was founded in 2013 in the Republic of Cyprus by Dmitry Zaretsky and its headquarters are still in Limassol, Cyprus. IQ Option’s total staff count is 700 and they operate internationally, in more than 13 languages, across a number of instruments such as CFDs, Forex and cryptocurrencies.
Below are a few tables outlining IQ Option’s fees for various products (Forex, Cryptocurrencies for short-sell transactions, Cryptocurrencies for Long-Buy transactions, Stocks, ETFs, Indices and Commodities):
Type | Nature | Description |
---|---|---|
Spread | One-off | The difference between the bid (sell) price and the ask (buy) price. |
Swap | Ongoing | 0.01% – 0.6% of the face value of the position for keeping a position open overnight. |
Dormant account | Other | €10 per month after 90 days of inactivity |
Withdrawal | – | No withdrawal fees for debit credit card and electronic wallets. $31 for bank transfers. |
85% of retail CFD accounts lose money.
back to menu ↑When you set up an account with IQ Option, you need to be very careful with the currency of your first deposit. You can make this first deposit in whatever currency you want but this will then be the base currency of your account and you won’t be allowed to switch to another currency later. Any subsequent deposits you make will be converted to the base currency of your account.
Deposit | Withdrawal | |
---|---|---|
Bank transfer | None | $31 |
Credit/Debit card & Electronic wallets | None | None |
Make your First Deposit with IQ Option
85% of retail CFD accounts lose money.
back to menu ↑You can easily open an IQ Option account online. All you need is an email address or, alternatively, you can use your Facebook or Google account. Then you get two options: you can either try out the platform using play money with a practice account or you can start trading directly with a live account. For the live account, you will need to complete 3 verification steps. First, you must verify your identity by uploading a copy of your passport or ID. Secondly, you must verify your residency by uploading a copy of a utility bill or bank statement or tax statement or stamped document from your local authority. Finally, you will need to provide a scan of both sides of the card you use for transactions.
The IQ Option platform is multilingual with 17 languages: Русский, English, 中文, Español, Português, Indonesia, Türkçe, Italiano, Deutsch, 한국어, Français, Svenska, ไทย, हिन्दी, Tiếng Việt, বাংলা, Hindi.
Open a Trading Account with IQ Option
85% of retail CFD accounts lose money.
back to menu ↑Assets | Total |
---|---|
Options | 48 |
Forex | 43 |
Stocks | 180 |
Crypto | 12 |
Commodities | 4 |
ETFs | 24 |
Start CFD Trading with IQ Option
85% of retail CFD accounts lose money.
back to menu ↑IQ Option offers efficient customer service via phone 24/7 in English, Spanish and Portuguese.
back to menu ↑Regulator | License | Legal Entity |
---|---|---|
Cyprus Securities Exchange Commission (CySEC) | 247/14 | IQOPTION EUROPE LTD |
85% of retail CFD accounts lose money.
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