English
Rating Index
Pros
User-friendly platform with advanced charting tools and a wide range of financial instruments available for trading.
Low minimum deposit requirement of $10, making it accessible for traders of various financial backgrounds.
24/7 customer support available through multiple channels, including live chat, email, and phone.
Cons
Lack of comprehensive educational resources for new investors, which may hinder their learning and trading effectiveness.
Unregulated status raises concerns about the safety of funds and overall trustworthiness of the broker.
Inactivity fees apply after 90 days of non-use, which could be a disadvantage for infrequent traders.
Broker IQ broker Accounts
IQ Broker Account Type
IQ Broker offers several types of accounts tailored to different trading needs and experiences. The main account types include:
- Demo Account:
- Ideal for beginners to practice trading without any financial risk.
- Comes pre-loaded with $10,000 in virtual funds.
- Unlimited duration for practice.
- Real Account:
- Requires a minimum deposit of $10 USD or R160 ZAR.
- Provides access to over 500 trading assets, including stocks, forex, cryptocurrencies, and commodities.
- Users can participate in weekly tournaments and have live chat support.
- VIP Account:
- Available for clients who deposit significant amounts (exact amount subject to change).
- Offers higher profitability rates (average of 3% advantage).
- Includes a personal account manager and free tournament participation.
- Islamic Account:
- A swap-free account option available for Muslim traders, ensuring compliance with Islamic finance principles.
- Visit the Official Website: Go to the IQ Broker homepage.
- Choose Account Type: Select either the “Free Practice Account” or “Sign Up” for a Real Account.
- Fill in Registration Form:
- Provide your email address or phone number.
- Create a strong password.
- Agree to the terms and conditions.
- Email Confirmation: Check your email for a confirmation link and verify your account.
- Deposit Funds: For a Real Account, make a minimum deposit of $10 USD or R160 ZAR.
- Account Verification: Complete the verification process by submitting required identification documents.
- Start Trading: Once your account is verified, you can start trading using the IQ Broker platform.
IQ Broker Account Opening Process
Opening an account with IQ Broker is straightforward and can be completed in just a few steps:
This process ensures that users can quickly and efficiently set up their trading accounts with IQ Broker.
Broker IQ Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
Broker IQ accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .