Score

1.85 /10
Danger

iq option

Antigua and Barbuda

10-15 years

Regulated in Cyprus

Market Making License (MM)

Self-developed

Global Business

High Potential Risk

AA

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Comparison

Quantity 122

Exposure

Time Machine
Website

Score

Regulatory Index6.02

Business Index8.00

Risk Management Index0.00

Software Index5.42

License Index0.00

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

MY SCM
2020-01-01

Warning

SG MAS
2017-04-07

Broker Information

More

Company Name

SKY LADDER LLC

Company Abbreviation

iq option

Platform registered country and region

Antigua and Barbuda

Company website

X

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Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2026-07-21
  • The WikiFX cloud system has detected an excessive number of complaints against this broker, leading to its placement on the WikiFX Complaint Blacklist. Please be aware of the high risk.
  • WikiFX has recorded a total of 109 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

Iq option manipulated

I was scammed out of more than $90,000 on IQ Option. I would place a trade and they would end up entering up to 10 at once, and magically it would result in losses. I contacted support, they ran some tests, and supposedly everything was fine. I continued to trust them and continued to have the same problems until they burned through my entire balance. I complained and asked them to please give me my money back, and they don't respond. Now I don't know what to do. to get my money back. Can anyone help me? Never trust this platform. DON'T TRUST THEM. DON'T INVEST. THEY ARE SCAMMERS...

2025-12-31 08:29
Unable to Withdraw

I downloaded this app because

I downloaded this app because I saw many ads where I could earn money. I downloaded it and it asked me to deposit. I deposited 70 thousand Colombian pesos via Nequi in total, first 50 thousand, I lost them and then I deposited 20 thousand. After that, I earned 60 thousand. I tried to withdraw to recover the money I had lost. I tried to withdraw via Nequi and it asked for a screenshot with my Nequi information. I sent it and had to wait more than 24 hours for a message, and then they tell me that I didn't send the documents, even though I always send them. I have been trying to withdraw for more than 2 weeks and it won't let me. I have done everything they ask to be able to withdraw and they haven't let me. I ask you for the favor and help me recover my money that I invested in this app, which is a total scam.

2026-07-20 04:19
Resolved

WITHDRAWAL FRAUD ON THE IQ OPTION PLATFORM

I am filing a complaint against IQ Option for the unjustified closure of my account and the withholding of S/ 2,187.00 generated through transactions on the platform. When I requested a withdrawal, my account was blocked. Support indicated that the reason was the alleged existence of multiple accounts, but provided no evidence or clear explanation. The platform had previously validated my information and allowed my deposits without issue. To date, I have not received a refund or a satisfactory response. I request an investigation into the matter and that the necessary measures be taken to recover my funds. I have attached screenshots, emails, and communications with support.

2026-06-20 03:24
Unable to Withdraw

Urgent: Real Balance Deducted After Bonus Cancellation

I deposited $187 via Binance TRC20 on IQ Option. They gave me a 200% bonus, and I traded for one month. Through real trading, I made a real profit and my real balance became $336 (excluding bonus). My total balance shown was $716 including the bonus. I then canceled the bonus, but IQ Option removed my entire balance and set my account balance to $0. This is completely unacceptable and violates basic financial rules because: 1. My $187 deposit is real money and must not be removed under bonus terms. 2. My $336 profit was earned through real trading activity and should not be deleted. 3. Bonus cancellation can only remove the bonus amount – not REAL funds or REAL profits. I do not have a screenshot of the $716 balance because IQ Option does not provide any confirmation message or popup during bonus cancellation. But I have: - Binance TRC20 deposit proof ($187) - Trading history showing 1 month of real activity - Current balance showing $0 - Bonus history showing activation

2025-12-10 06:02
    Sources
    iq option · Company summary
    Quick IQ Option Review Summary
    Founded in2013
    Registered Country/RegionCyprus
    RegulationCySEC
    Trading Instruments300+, Forex, Stocks, Cryptocurrencies, Commodities, ETFs
    Demo Account✅ ($10,000 in virtual fund)
    Min Deposit$10
    LeverageUp to 1:500
    Trading PlatformProprietary platform

    Overview of IQ Option

    IQ Option is an online trading platform that allows individuals to trade 300+ financial instruments including Forex, Stocks, Cryptocurrencies, Commodities, and ETFs. The platform was founded in 2013 and has grown to become one of the most popular online trading platforms in the world, with over 48 million registered users across 213 countries and territories. IQ Option is owned and operated by IQ Option Ltd, which is based in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC).

    However, IQ Option has also received some complaints from customers regarding issues such as slow withdrawal processing times and account verification delays. It is important for traders to weigh the pros and cons of using IQ Option and to exercise caution when making financial decisions.

    IQ Option's homepage

    Pros and Cons of IQ Option

    While the broker offers a regulated and user-friendly trading platform with low minimum deposits and free demo accounts, it may not be suitable for traders who require a larger range of tradeable assets or support for specific payment methods. Additionally, some traders have experienced issues with withdrawal processing times and customer service, which may be a concern for those who prioritize timely and reliable support from their broker.

    ProsCons
    Regulated by CySECLimited range of tradeable assets compared to other brokers
    Low minimum deposit requirement of $10No support for MetaTrader 4 or 5
    Offer a free demo account with $10,000 in virtual fundsSome negative reviews and complaints from traders regarding slow withdrawal processing times and customer service
    One-page website
    Unclear fee structure
    Lack of info on deposits and withdrawals
    No contact channel

    Is IQ Option Legit?

    IQ Option is a legitimate online trading platform that has been operating since 2013. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under the regulatory license number of 247/14.

    Regulated CountryRegulated byRegulated EntityLicense TypeLicense Number
    Cyprus
    CySECIQOption Europe LtdMarket Making (MM)247/14
    Regulated by CySEC

    However, it is important to note that there have been some complaints and negative reviews about the platform, particularly regarding withdrawal issues and customer support. It is always recommended to do your own research and due diligence before investing with any broker.

    Market Instruments

    IQ Option offers 300+ tradable instruments including Forex, Stocks, Cryptocurrencies, Commodities, and ETFs.

    Trading AssetsSupported
    Forex
    Stocks
    Cryptocurrencies
    Commodities
    ETFs
    Indices
    Bonds
    Options
    Market Instruments

    How to Open an Account?

    Opening an account with IQ Option is a breeze. Simply go to their website and click on the “SIGN UP” button.

    click on the SIGN UP button

    You'll need to provide some personal information, including your email address and country of residence. You'll also need to set a password for your account. Once you've filled in all the required fields, click on the SIGN UP button and you're good to go.

    Fill in required info

    But before you can start trading, you'll need to verify your identity by submitting some documents, such as a copy of your passport or driver's license, and proof of address. This is a standard procedure for all regulated brokers and is designed to prevent fraud and ensure the safety of your funds. Once your account has been verified, you can make your first deposit and start trading right away.

    Trading Platform

    IQ Option offers its propritary trading platform, which is available both as a dekstop version and a mobile app, making it accessible to traders on-the-go. However, popular MT4 and MT5 are not available.

    Trading PlatformSupported Available Devices Suitable for
    Proprietary platformDesktop, Mobile/
    MT4/Beginners
    MT5/Experienced traders
    Trading platform

    FAQs

    Is IQ Option regulated?

    Yes, IQ Option is regulated by the Cyprus Securities and Exchange Commission (CySEC).

    What is the minimum deposit required to open an account with IQ Option?

    Only $10.

    Does IQ Option offer demo accounts?

    Yes. IQ Option offers demo accounts with $10,000 in virtual fund.

    News

    ExposureIQ Option Review 2026: Am I Supposed to Deposit Only? What About My Withdrawals?

    This is what many traders are asking while trading with IQ Option, an Antigua and Barbuda-based brokerage entity. Their wrath is evident through massive negative reviews on several broker review platforms. WikiFX, a widely recognized forex broker regulation inquiry tool, itself recorded over 120 complaints from users worldwide. The complaints largely highlight the alleged withdrawal denial by the broker. Users have deposited millions but allegedly failed to withdraw funds when they needed to. While they may just be allegations and not an established fact, they are worth looking at, considering a large volume of complaints pointing to a potential investment scam. In this IQ Option review 2026, we have examined several complaints while providing an overview of the company’s regulatory framework.

    WikiFX
    2026-07-15 19:36
    IQ Option Review 2026: Am I Supposed to Deposit Only? What About My Withdrawals?

    Exposureiq option Review 2026: Is This Forex Broker Safe?

    iq option has a WikiFX Score of 5.46 and is shown as regulated by Cyprus CYSEC, but the profile also records regulatory disclosures and a high volume of user complaints. This review summarizes its license status, mobile trading setup, reported withdrawal issues, and overall risk level based strictly on the provided WikiFX data and case records.

    WikiFX
    2026-06-03 16:00
    iq option Review 2026: Is This Forex Broker Safe?

    ExposureIQ Option Review: Regulation Warnings, Broker Complaints, and Withdrawal Blocks

    IQ Option carries a regulated CySEC record, but our investigation found serious warning signals: Malaysia listed an unauthorized activity alert, Singapore placed the name on an investor alert list, and users report repeated withdrawal rejection, profit withholding, and account access blocks.

    WikiFX
    2026-05-29 12:00
    IQ Option Review: Regulation Warnings, Broker Complaints, and Withdrawal Blocks

    NewsAUD/USD Forecast: Aussie loses strength after being rejected from above 0.6500

    The AUD/USD reached two-week highs on Wednesday, boosted by a weaker US Dollar, but then pulled back, erasing all gains after failing to hold above 0.6500. The short-term bias is still to the upside but is losing momentum.

    WikiFX
    2023-08-31 15:20
    AUD/USD Forecast: Aussie loses strength after being rejected from above 0.6500

    User Reviews

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    User comment

    111

    Comments

    Write a review

    FX5585044112
    0-3months
    It was great to trade in two different assets: options and margin. One with leverage and better risk control, one easiest to get a winning trade, since I just tried to anticipate the movement after the expiry date! The platform did fine too. Could integrate claude and use it to spot major supply and demand zones.
    It was great to trade in two different assets: options and margin. One with leverage and better risk control, one easiest to get a winning trade, since I just tried to anticipate the movement after the expiry date! The platform did fine too. Could integrate claude and use it to spot major supply and demand zones.
    Translate to English
    2026-07-20 23:01
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    FX3416915953
    0-3months
    Descargue esta app porque me aparecieron muchos anuncios en los que podia ganar dinero, la descargue y me pidio depositar, le deposite 70 mil pesos colombianos por nequi en total, primero 50mil, los perdí y luego deposite 20mil, luego de eso le gane 60mil, intente retirar para recuperar el dinero que había perdido, intente retirar por nequi y me pidio captura de pantalla en donde este la información de mi nequi, se la envie y me toco esperar más de 24 horas el mensaje y luego de eso me dicen que no envié los documentos, cuando siempre los envíos, tengo más de 2 semanas intentando retirar y no me deja, ya he hecho todo lo que me piden para poder retirar y no me han dejado, les pido el favor y me ayuden para recuperar mi dinero que le inverti a esta app que es una total estafa.
    Descargue esta app porque me aparecieron muchos anuncios en los que podia ganar dinero, la descargue y me pidio depositar, le deposite 70 mil pesos colombianos por nequi en total, primero 50mil, los perdí y luego deposite 20mil, luego de eso le gane 60mil, intente retirar para recuperar el dinero que había perdido, intente retirar por nequi y me pidio captura de pantalla en donde este la información de mi nequi, se la envie y me toco esperar más de 24 horas el mensaje y luego de eso me dicen que no envié los documentos, cuando siempre los envíos, tengo más de 2 semanas intentando retirar y no me deja, ya he hecho todo lo que me piden para poder retirar y no me han dejado, les pido el favor y me ayuden para recuperar mi dinero que le inverti a esta app que es una total estafa.
    Translate to English
    2026-07-20 04:19
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