IQ Option Account Types

IQ Option offers several types of accounts to cater to different trading needs and preferences. Here are the main account types available:

• Real Account
• Minimum Deposit: $10
• Minimum Trade Size: $1
• Assets Available: Over 500, including forex pairs, stocks, commodities, and cryptocurrencies.
• Features: Access to trading tournaments, digital and binary options, and quick processing of withdrawal requests.
• VIP Account
• Minimum Deposit: Higher than the Real Account (specific amount not mentioned).
• Features: Live assistance from a personal account manager, 3% additional returns compared to Real Accounts, monthly trading reports, and free access to all trading tournaments.
• Professional Account
• Target Audience: Specifically for EEA countries.
• Features: Negative balance protection, leverage up to 1:500, and access to any IQ Option tournament for free.
• Islamic Account
• Target Audience: Muslims following Shariah law.
• Features: No swap fees for holding an asset overnight and flexible leverage.
• Demo Account
• Purpose: Free practice account to experience live trading.
• Opening Balance: $10,000 (refillable).
• Switch to Real Account: Possible anytime (subject to verification).

IQ Option Broker Account Opening Process

Opening an account with IQ Option is a straightforward process. Here are the steps to follow:

• Visit the Website: Go to the IQ Option official website.
• Choose Account Type: Select the type of account you wish to open (Real, VIP, Professional, Islamic, or Demo).
• Fill in Personal Information: Provide your name, country of residence, email address, and set a unique password. Check the box to confirm you are 18 years or older.
• Email Verification: Check your email for a verification link and click it to verify your address.
• Complete Personal Information: Input additional personal details, including date of birth, phone number, and address.
• Identity Verification: Upload a scanned copy of your national ID or passport for identity verification.
• Deposit Funds: Choose your preferred payment method, set the deposit amount (minimum $10), and deposit the funds.
• Start Trading: Once your deposited funds are visible in your trading account, you can begin trading.

For more details, visit IQ Option Review.