IQ Option Forex Broker

IQ OptionReview SummaryFounded2013Registered Country/RegionAntigua and BarbudaRegulationNo regulationMarket Instrumentsforex, stocks, cryptos, commodities, indices, ETFsDemo Account✅LeverageUp to 1:3000 (stocks)Spread0 pipTrading PlatformIQ OptionMinimum Deposit$10Customer SupportAddress: The Colony House, 41 Nevis Street, Saint Johns, Antigua and BarbudaEmail:support@iqoption.comX, Instagram, YouTube, TwitterRegional Restrictions/IQ Option Information IQ Option is an unregulated broker, offering trading on forex, stocks, cryptos, commodities, indices, ETFs with leverage up to 1:3000 and spread from 0 pip on IQ Option trading platform. The minimum deposit requirement is $10.Pros and ConsPros Cons With demo accountNo regulationVarious trading productsNo MT4/MT5 platformLow minimum depositIs IQ Option Legit? No. IQ Option currently has no valid regulations. Please be aware of the risk!What Can I Trade on IQ Option? IQ Option offers trading on forex, stocks, cryptos, commodities, indices, ETFs.Tradable Instruments Supported Forex✔Stocks✔Cryptos✔Commodities✔Indices✔ETFs✔Options❌Bonds❌Account Type The broker offers demo accounts and Islamic Account. But it does not mention anything about live accounts.Leverage The broker offers flexible leverage options, varying by product. However, high leverage can amplify both profits and losses.Tradable Instruments LeverageForex1:20Stocks1:3000Cryptos1:5Commodities1:1000Indices1:1000ETFs1:20IQ Option Fees IQ Option Spreads The spread is from 0 pip. Non-Trading Fees Inactive Account Fee If an account remains inactive for ninety (90) consecutive calendar days, IQ Option may charge an Inactivity Fee of 10€. The annual fee will not exceed the total balance of the Client's account. Termination fees In cases where the remaining balance in the client's account is equal to or less than €5, the broker reserves the right to charge up to €5 (five euros or its equivalent amount in another currency on the day of the deduction of the fee) for closing the account due to lack of verification.Trading PlatformTrading PlatformSupported Available Devices Suitable for IQ Option✔Desktop, mobile/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and WithdrawalDeposit Options Minimum DepositFees Processing Time Visa / Mastercard80 HKD, 10 EUR, 10 GBP, 700 RUB, 10 USD, 71 CNY0InstantVolet.com80 HKD, 10 EUR, 10 GBP, 700 RUB, 10 USD, 71 CNY0Instant Withdrawal Options You have 1 free withdrawal(s) per calendar month. The minimum withdrawal amount is $2.Withdrawal Options Minimum Withdrawal Fees Processing Time Visa/MasterCard15 CNY, 3 EUR, 2 GBP, 16 HKD, 231 RUB, 2 USD0 CNY,2%, max 30 EUR,2%, max 25 GBP,2%, max 240 HKD,2%, max 1500 RUB,2%, max 30 USDInstantVisa/MasterCard14 CNY, 2 EUR, 2 GBP, 16 HKD, 200 RUB, 2 USD0 CNY,2%, max 30 EUR,2%, max 25 GBP,2%, max 240 HKD,2%, max 1500 RUB,2%, max 30 USDInstantVolet.com USD14 CNY, 2 EUR, 2 GBP, 16 HKD, 200 RUB, 2 USD0 CNY,2%, max 30 EUR,2%, max 25 GBP,2%, max 240 HKD,2%, max 1500 RUB,2%, max 30 USD1 - 3 business daysWebmoney WMZ14 CNY, 2 EUR, 2 GBP, 16 HKD, 200 RUB, 2 USD0 CNY,2%, max 30 EUR,2%, max 25 GBP,2%, max 240 HKD,2%, max 1500 RUB,2%, max 30 USD1 - 3 business days