• Broker
  • Min. Deposit
  • Min. Investment
  • Rating
  • Auto Trade
  • Trade Now
  • Review

Is IQ Option a Scam?

Is IQ Option a Scam?

When talking about scam in binary options, traders want to know if particular broker is reliable or not. While reviewing this broker, we haven’t came across any IQ Option scam alerts.

IQ Option is owned by IQ Option Europe Ltd and present on binary options market since 2013. They started their business in Russia and later on, expanded on other markets, European and African market.

Another thing we noticed in our review is their transparency. Traders can easily find important information under Regulation tab or Terms and Conditions. This is yet another element that proves how there is no IQ Option scam. Same can be applied for deposit and withdrawal process.

“General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.”

IQ Option App

With IQ Option, traders can experience numerous benefits while trading binary options. As one of widespread services is mobile application. IQ Option decided to implement this feature to simplify traders’ way of investing in binary options.

Mobile trading is great for traders on the go, who prefer this type of trading more than sitting in front of computer. Below we will provide more details about IQ Option app.

This broker wants to offer South African traders whole new trading experience on IQ Option app. This way, traders can access this mobile app from anywhere. For this review, we learned that IQ Option can be used on smartphones and tablets.

IQ Option app is also connected with Android and Apple devices, which means that app can be downloaded from Google Play and App Store. With IQ Option app, traders from South Africa can use a variety of tools, just as on regular web-based platform. This means that traders don’t have to worry if they will have access to all available trading features. This IQ Option app is intended for trading on the go and for those traders who have accelerated lifestyle.

On IQ Option app, traders can also use many benefits, including customer support service 24/7 and free demo account, same as on web-based trading platform.

IQ Option Withdrawal

As we have previously stated, both deposit and withdrawal process are simple and traders can easily make payments in few steps. IQ Option withdrawal is important step for each trader since it shows if a broker is reliable or a scam. For our review, we can point out how IQ Option withdrawal is safe and all funds will be secured.

It is possible to make withdrawals via several different ways, via debit and credit cards (MasterCard, Visa, Visa Electron and Maestro), bank wire and e-wallets (WebMoney, Skrill Moneybookers, POLI, Boleto, FasaPay and CashU).

To get funds, traders are required to submit some documents to confirm their identity. They include proof of address, copy of photo ID and credit card copy. Also, traders first need to submit withdrawal request which will be shortly processed. Later on, it might take additional 1 business day for funds to arrive on traders’ account.

Minimum IQ Option withdrawal is set to $10, which is among the lowest amounts in binary options industry. For any more details about IQ Option withdrawal, traders can contact personal account manager or reach customer support service on live chat or email.

“General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.”
Is IQ Option a Scam?
Join over 30.000 South Africans

who subscribed to our killer newsletter with great broker reviews and useful trading articles