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    IQ Option

    • Cyprus Cyprus
    • 5-10 years
    • Regulated in Cyprus
    • Market Making(MM)
    • Non MT4/5 Software
    • Suspicious Scope of Business
    Open Account
    WikiFX Score

    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!

    VPS Standard

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

    • Single Core

    • 1G

    • 40G

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    Broker Information

    Company Name

    IQ Option

    Phone of the company


    Customer Service Email Address


    Company address

    Koutsoventi 8, Agios Athanasios, 4101, Limassol, Cyprus

    Pyramid scheme complaint

    Check whenever you want

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    Warning: Low score, please stay away! 3

    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!

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    Brokers WikiFX Review: Is IQ Option trustworthy?

    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.

    2022/4/14 8:53:07
    WikiFX Review: Is IQ Option trustworthy?
    Brokers Bitcoin Is Boomer Crypto Now

    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 The majority of these individuals are not millennials who consider Bitcoin as outdated.

    2022/3/28 8:29:30
    Bitcoin Is Boomer Crypto Now
    Brokers 'More ashes of a dead land' - Ukraine appeals for help as more bombs pound Mariupol By Reuters.

    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.

    2022/3/28 7:58:25
    'More ashes of a dead land' -  Ukraine appeals for help as more bombs pound Mariupol By Reuters.
    Brokers Federal Reserve raises interest rates to help combat inflation

    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. 

    2022/3/17 7:47:49
    Federal Reserve raises interest rates to help combat inflation
    Brokers Currency Buzz: INR Spurts As Dollar Weakens Ahead Of FOMC

    The Indian rupee is the official currency of India. Enhancing risk feeling aided gains in the Indian rupee that spurted by 42 paise to a nearly two-week high of 76.20 against the US dollar on Wednesday.

    2022/3/17 7:43:11
    Currency Buzz: INR Spurts As Dollar Weakens Ahead Of FOMC

    IQ Option

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    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 Annex2

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    IQ Option



    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
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    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.