Founded in 2013, IQ Option has become a popular choice in the online trading world. For small-scale traders, we are happy to announce that you only need to make a $10 deposit to start your real-money trading with IQ Option. Naturally, this low minimum deposit has proven popular among people who are new to the trading world and want to try it out without being forced to make a big first deposit.
At the time of writing, there are 40+ currency pairs available here for FX traders. Important: Spreads are variable and can change with market conditions. IQ Option currently states that spreads on EUR/USD start from around 0.6 pips.
IQ Option is an international trading brand. Outside the European Economic Area (EEA), services are provided by SKY LADDER LLC, which is registered in Antigua and Barbuda. Within the EEA, services are provided by IQBroker Europe Ltd (formerly IQOption Europe Ltd), an investment firm based in Cyprus. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 247/14. Cyprus is a part of the European Union.
Account types
There are two different real-money accounts available at IQ Option, and there is also a demo account where you trade using free play-money.
Standard Account
The Standard Account at IQ Option only requires a $10 deposit to get you started trading with real money, and you will get access to a huge number of instruments and tools.
VIP Account
To get a VIP Account, you must meet certain deposit and trading-volume requirements. IQ Option currently states that you need to deposit at least $2,000 and reach a trading volume of $10,000 within 60 days. It comes with many benefits and perks, such as a Personal Manager and increased payouts on selected assets. VIP availability and terms can vary by jurisdiction.
Demo Account
Before you start trading using real money, it is advisable to get some experience from the free Demo Account. In this account, you can learn how the software works and test out different trading strategies with $10,000 in free play-money. The demo balance can also be replenished. When you feel ready, it is easy to switch to using real money instead.
Trading platforms
With IQ Option, you trade on its own proprietary trading platform. No third-party platforms (such as MetaTrader 4) are available.
The IQ Option proprietary trading platform is updated and maintained regularly.
Examples of popular features:
- Historical price data
- Large assortment of technical indicators, including Awesome Oscillator, MACD, RSI, Parabolic SAR, and Stochastic Oscillator.
- Position Top-Up is a feature that allows you to hold a trade open as it approaches a stop loss.
- Dark and sleek interface
Can I trade on mobile devices?
Yes, IQ Option offers mobile trading on smartphones and tablets. To get access to its proprietary platform, simply download the IQ Option App from Google Play for Android or the Apple App Store for iOS.
Spreads & Commissions
Spreads at IQ Option are variable and can change depending on the instrument, liquidity and market conditions. IQ Option currently states that spreads on EUR/USD start from around 0.6 pips. Traders should always check the live spread before opening a position, since spreads can widen during volatile or illiquid periods.
Does IQ Option offer leveraged trading?
Yes, leveraged trading is possible at IQ Option.
The amount of leverage available depends on the instrument and your jurisdiction. On IQ Option’s international platform, selected forex pairs can currently be traded with leverage of up to 1:5000, while certain cryptocurrency perpetual futures offer leverage of up to 1:1000. Retail traders in the EEA are subject to much lower regulatory leverage limits.
Transactions
For transactions, you can use major credit cards, bank transfers, or e-wallets such as Skrill, Neteller and WebMoney. The exact payment methods available depend on your country.
Credit cards and e-wallets tend to be quicker than bank transfers.
Withdrawal times depend on the payment method. IQ Option currently states that withdrawals through e-wallets such as Skrill and Neteller generally take 1–3 business days to process on its side, with additional processing time possible from the payment provider. Local-bank withdrawals normally take 1–8 business days, although some methods can take up to 17 business days.
This article was last updated on: September 14, 2026