Lots of Complaints
The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
No restriction on the broker account. Provide service support by WikiFX
Koutsoventi 8, Agios Athanasios, 4101, Limassol, Cyprus
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!
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
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.
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
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.
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.
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.
platform deduct balance but dint receive payment
I request for withdraw money from platform, platform deduct already and my bank account dint received
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.
What does IQ Option look like? If you want to know whether IQ Option is a reliable forex broker or not, please continue to read. We will analyze the reliability of this broker from specific information, regulation, exposure, etc. And you should never miss it.
The Boomer coin tag is unlikely to have any impact on investing in Bitcoin 2021. Studies have established that most of the top Bitcoin investors are well-established and successful individuals. The majority of these individuals are not millennials who consider Bitcoin as outdated.
In a haunting image, local officials in the besieged port city of Mariupol said that Russia is bombing it into the "ashes of a dead land".Mariupol, a city of 400,000 before the war, has been suffering an urgent humanitarian emergency since Russia invaded Ukraine nearly a month ago. Elsewhere, US president Joe Biden has warned that Russia is closer than ever to using biological and chemical weapons in Ukraine - as Vladimir Putin becomes increasingly desperate amid an apparent stalemate.
The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.
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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.
License Type:Market Making(MM)
Regulated in Country/AreaCyprus
Regulatory License No.：247/14
Email Address of Licensed Institution :firstname.lastname@example.org
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
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
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).
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.
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.
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.
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.
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.