Score

1.48 /10
Danger

IQ Option

Antigua and Barbuda

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 3

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.78

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

SKY LADDER LLC

Company Abbreviation

IQ Option

Platform registered country and region

Antigua and Barbuda

Company website

X

Instagram

YouTube

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-07-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
IQ Option · Company summary
IQ OptionReview Summary
Founded2013
Registered Country/RegionAntigua and Barbuda
RegulationNo regulation
Market Instrumentsforex, stocks, cryptos, commodities, indices, ETFs
Demo Account
LeverageUp to 1:3000 (stocks)
Spread0 pip
Trading PlatformIQ Option
Minimum Deposit$10
Customer SupportAddress: The Colony House, 41 Nevis Street, Saint Johns, Antigua and Barbuda
Email:support@iqoption.com
X, Instagram, YouTube, Twitter
Regional 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.

IQ Option Information

Pros and Cons

Pros Cons
With demo accountNo regulation
Various trading productsNo MT4/MT5 platform
Low minimum deposit

Is IQ Option Legit?

No. IQ Option currently has no valid regulations. Please be aware of the risk!

license
domain

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
assets

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 Leverage
Forex1:20
Stocks1:3000
Cryptos1:5
Commodities1:1000
Indices1:1000
ETFs1:20
Leverage
Leverage
Leverage
Leverage
Leverage
Leverage

IQ 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 Platform

Trading PlatformSupported Available Devices Suitable for
IQ OptionDesktop, mobile/
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

Deposit Options Minimum DepositFees Processing Time
Visa / Mastercard80 HKD, 10 EUR, 10 GBP, 700 RUB, 10 USD, 71 CNY0Instant
Volet.com80 HKD, 10 EUR, 10 GBP, 700 RUB, 10 USD, 71 CNY0Instant
Deposit and Withdrawal

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 USDInstant
Visa/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 USDInstant
Volet.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 days
Webmoney 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
Withdrawal Options

User Reviews

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User comment

5

Comments

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SeamusBauch
0-3months
IQ option is a decent broker that offers many benefits and trading here is a real pleasure for me. I’ve been trading here for over 3 months but I’ve not had any serious problems yet. It seems the company knows how to run business properly. Sometimes when I need to contact the support team, I reach out to them through their gmail address. They always react instantly and explain in detail to all my questions. Kudos to IQ Option!!!
IQ option is a decent broker that offers many benefits and trading here is a real pleasure for me. I’ve been trading here for over 3 months but I’ve not had any serious problems yet. It seems the company knows how to run business properly. Sometimes when I need to contact the support team, I reach out to them through their gmail address. They always react instantly and explain in detail to all my questions. Kudos to IQ Option!!!
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2025-05-25 02:18
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RicardoBenítez
0-3months
I know that this platform is designed more for options trading, but I was cool with forex conditions. 43 pairs, big chance for diversification and practice new strategies. It worked for me nicely. Some profits generated, spreads are okay, no commissions. The platform itself is well-designed, I counted over 20 indicators, though for me, it was more interesting its functionality.
I know that this platform is designed more for options trading, but I was cool with forex conditions. 43 pairs, big chance for diversification and practice new strategies. It worked for me nicely. Some profits generated, spreads are okay, no commissions. The platform itself is well-designed, I counted over 20 indicators, though for me, it was more interesting its functionality.
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2025-05-25 00:22
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