logo |


    Home - Brokers - IQ Option

    Lots of Complaints

    IQ Option

    IQ Option

    5-10 years Regulated in Cyprus Market Making(MM) Non MT4/5 Software Suspicious Scope of Business
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
    License 0.00
    Risk Manag 0.00
    Software Index 6.00
    Business 7.50
    Regulatory 0.00
    Company Abbreviation

    IQ Option

    Registered region

    IQ Option Cyprus

    Company Name

    IQ Option

    Company address

    Koutsoventi 8, Agios Athanasios, 4101, Limassol, Cyprus




    Cyprus Securities and Exchange Commission
    CYSEC Regulated

    Market Making(MM)

    Broker Information

    Customer Service Phone Number

    +61 261 452 936

    Customer Service Email Address


    Company summary More
    Let me correct the erro.
    Pyramid scheme complaint

    Check whenever you want

    Download App for complete information

    Download on the App Store
    Download on the Google Play
    Download on the Android
    Warning: Low score, please stay away!
    The WikiFX cloud system has verified this broker has way too many complaints, and it is in the WikiFX complaint blacklist; please be aware of the risk!
    The number of the complaints received by WikiFX have reached 64 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    EA VPS

    No restriction on the broker account. Provide service support by WikiFX

    Single Core



    $ 1.41/month
    Open immediately
    Others Cheating affiliate, slow withdrawal, Thai support doesn't reply
    I am an affiliate with IQ Option Broker since 2015. I didn't think that they would run out of liquidity by squeezing affiliates in this way. There are a lot of complaints from trader. Shouldn't trade with this broker. Better go trade forex on Broker MT4/5 Platform

    2021/12/3 1:32:58

    Others Money depositing
    I was scammed, I deposited money on IQ option through transfer with the account details they gave me on 6th October till Date the Haven't credited my wallet neither did they refund me, I'll drop the screenshot and proves of payment and date and my IQ option account too.

    2021/11/5 11:13:55

    Unable to withdraw CAN DEPOSIT BUT CANT WITHDRAW
    Hi I'm Sam, I came to know about IQ option from an advert on game app and have since then been doing my part of trading with them until recently when i tried to withdraw and was getting an error (can't withdraw now...but deposits are open. I suspect scam

    2021/9/24 1:23:44

    Scam I was scammed
    I was introduced to this app through my friend on WhatsApp and i deposited 16000 naira till now i was unable to get my money back, please stay away from this app.

    2021/9/21 19:00:32

    Unable to withdraw IQOPtion.com is scam.
    If You Win, Iqoption don’t withdrawal and block account your I have withdrawal to my accoutn to my e-wallet, but 30 days, IQ option don’t withdrawal to my e-wallet, and i chat with support but not time pay money to my e-wallet. Iqoption is scam.

    2021/9/20 13:44:32

    Scam IQ option collaborated in hacking my account and I lost $3500.
    I concluded that they collaborated because I reported that my account was hacked early enough but the admin decided not to stop the hacker from withdrawing the funds. Now I lost my $12,194.24 of profits and invested money. I will never invest to this company again.

    2021/9/19 13:15:38

    Unable to withdraw platform deduct balance but dint receive payment
    I request for withdraw money from platform, platform deduct already and my bank account dint received

    2021/9/19 11:38:49

    Unable to withdraw Still waiting for $67,002 over 2 months after the withdrawal request.
    I request for my withdrawal in IQ Option, i struggled to speak to the Manager, He told me after months of Cysec investigation, it would on Feb. 29 I can received my money back. Until now I haven't received any money, But more in official email from them telling me that i was under investigation for 'abusive trading activity'. After i tried to make an official complaint. It's obvious, there's something very who with the company if i cannot return funds back to clients.

    2021/9/19 10:19:02

    • Delivery Index
    • Mkt. Analysis
    • Material
    • Ad Brand
    • Sources
    • Language
    No data
    IQ Option · Website

    Most visited countries/areas

    Kenya Azerbaijan Malaysia
    Server Location
    Hong Kong
    Most visited countries/areas
    Website Domain Name
    ICP registration
    Domain Effective Date
    Server IP

    IQ Option

    Free CompensationMore details

    Please download WikiFX APP

    Scan to Download

    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      IQOption Europe Ltd

      Effective Date :

    • Email Address of Licensed Institution :


      License Type:

      No Sharing
    • Website of Licensed Institution :


      Expiry Date :

    • Address of Licensed Institution :

      Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol

      Phone Number of Licensed Institution :

      +357 25 281 641
    • Licensed Institution Certified Documents :

      Annex1 View Certified Documents Annex2 View Certified Documents

    No content

    No data

    Load failure

    Load failure

    Special Note

    IQ Option

    1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

    1.pngWikiFX will not disclose your personal information to third parties.

    1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

    1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.



    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    IQ Option
    * Contact number
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
    Related Photos
    Confirm to Submit

    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'


    IQ Option · Company summary

      General Information& Regulation

      IQ Option, managed and owned by the company IQ Options Europe Ltd, is a financial services provider founded in 2013 and headquartered in Cyprus. The company is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) (License No. 247/14).

      Market Instruments

      IQ Option offers investors a range of financial instruments, including Forex, stocks, cryptocurrencies, commodities, indices and ETFs.


      IQ Option has two account types for investors to choose from, namely the Standard Account (the minimum deposit of 10 USD) and the VIP Account (the minimum deposit of 1,900 USD). Of these, the VIP Account will grant the account holder additional trading benefits such as free participation in trading promotions, an additional 3% return and the services of a personal manager.

      Leverage & Spreads

      Users can trade 25 currency pairs with IQ Option. According to the official website, IQ Option offers leverage of up to 1:1000, the credibility of which is open to question. In addition, the trader offers variable spreads. According to the official website, the spread of EUR/USD is 0.6 pips, while the spreads of AUD/USD and GBP/USD are 0.9 pips and 1.7 pips respectively.


      IQ Option charges certain fees for different trading services. First, IQ Option does not charge a commission for most trades, except for cryptocurrency trades where a commission of 2.9% is charged. Secondly, swap fees range from 0.1% to 0.5%, with these fees being three times higher for positions opened on weekends. Finally, if the account is left idle for 90 days, the company will charge a monthly fee of 10 GBP (or currency equivalent) until the balance reaches zero.

      Trading Platform

      IQ Option has a self-developed trading platform that provides traders with a range of tools, including multiple chart layouts, technical analysis, economic calendars, stock filters, historical quotes, volatility alerts and market updates. The platform runs on both computers and mobile devices.

      Deposit & Withdrawal

      Clients can make deposits/withdrawals through a variety of methods, including credit/debit cards, bank wire transfers, electronic wallets, etc. In most cases, IQ Option does not charge any fees for withdrawals, but does charge a fee of 31 USD (or currency equivalent) for bank transfers.

      Customer Support

      To ensure that traders get the help when they need it, IQ Option offers 24/7 support services. Customers can contact the support team via email, live chat or phone. For the benefit of traders whose native language is not English, IQ Option also translates their website into over a dozen different languages.

      Restricted Areas

      Due to local laws and regulations, IQ Option is unable to operate in the United States, Canada or Australia, so traders from these countries are currently unable to open accounts.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.