IQ Option offers three types of accounts to cater to different trading needs:
Demo Account:
Purpose: Ideal for beginners to practice trading without risking real money.
Features: Comes with a virtual balance of $10,000, which can be replenished at any time. There is no time limit on usage, allowing traders to familiarize themselves with the platform and test strategies.
Real Account:
Minimum Deposit: $10.
Assets Available: Access to over 500 assets including cryptocurrencies, forex pairs, stocks, and options.
Trading Features: Allows real money trading, participation in tournaments, and access to live chat support.
VIP Account:
Minimum Deposit: $1,900.
Benefits: VIP traders enjoy higher profitability rates, a personal account manager, free access to all tournaments, and exclusive educational materials.
Profitability: VIP traders have an average of 3% higher profitability compared to standard accounts.