Score

1.61 /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

Add brokers

Comparison

Quantity 126

Exposure

Time Machine
Website

Score

Regulatory Index6.66

Business Index8.09

Risk Management Index0.00

Software Index8.35

License Index6.67

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

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2026-10-21
  • 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 113 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

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 platform✔Desktop, 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.

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

User Reviews

More

User comment

116

Comments

Write a review

FX3714115663
0-3months
Confiscación injusta de 501.93 USDT y soporte automatizado Deposité 20.21 USDT en mi cuenta y me otorgaron un bono de 60.63 USDT, iniciando con un saldo combinado de 80.84 USDT. Mediante operaciones de trading totalmente exitosas, logré subir la cuenta a 562.56 USDT. Es muy importante destacar que el balance de mi cuenta JAMÁS bajó de los 85.00 dólares, lo que demuestra matemáticamente que mi capital real depositado nunca se consumió ni llegó a cero. Todas mis ganancias fueron respaldadas por mi propio dinero real. El día 27 de septiembre decidí proceder a la cancelación del bono. Lo hice guiado por su propia interfaz oficial en la sala de trading, la cual promete textualmente antes de presionar el botón: "Puedes cancelar el bono a través del botón 'Bono' en la sala de trading. Si lo haces, el bono se eliminará y solo tus fondos reales restantes permanecerán en tu saldo". Esperando que el sistema restara únicamente el valor nominal del bono (60.63 USDT), el software de la plataforma ejecutó de forma abusiva un cargo de -562.56 USDT, barriendo por completo con toda mi cuenta y dejándome en cero. Me han confiscado de manera indebida mis 20.21 USDT de depósito inicial y mis 501.93 USDT de ganancias legítimas acumuladas con mi propio riesgo. El soporte interno y el departamento de quejas ignoran las evidencias matemáticas de las capturas de pantalla y responden con plantillas automáticas de robots que inventan datos falsos, diciendo que mi saldo real se había agotado. Es un caso claro de publicidad engañosa dentro de la aplicación y retención indebida de fondos. Exijo una auditoría humana seria por parte de los supervisores financieros de IQ Option y la restitución inmediata de mis 501.93 USDT de fondos reales restantes.
Confiscación injusta de 501.93 USDT y soporte automatizado Deposité 20.21 USDT en mi cuenta y me otorgaron un bono de 60.63 USDT, iniciando con un saldo combinado de 80.84 USDT. Mediante operaciones de trading totalmente exitosas, logré subir la cuenta a 562.56 USDT. Es muy importante destacar que el balance de mi cuenta JAMÁS bajó de los 85.00 dólares, lo que demuestra matemáticamente que mi capital real depositado nunca se consumió ni llegó a cero. Todas mis ganancias fueron respaldadas por mi propio dinero real. El día 27 de septiembre decidí proceder a la cancelación del bono. Lo hice guiado por su propia interfaz oficial en la sala de trading, la cual promete textualmente antes de presionar el botón: "Puedes cancelar el bono a través del botón 'Bono' en la sala de trading. Si lo haces, el bono se eliminará y solo tus fondos reales restantes permanecerán en tu saldo". Esperando que el sistema restara únicamente el valor nominal del bono (60.63 USDT), el software de la plataforma ejecutó de forma abusiva un cargo de -562.56 USDT, barriendo por completo con toda mi cuenta y dejándome en cero. Me han confiscado de manera indebida mis 20.21 USDT de depósito inicial y mis 501.93 USDT de ganancias legítimas acumuladas con mi propio riesgo. El soporte interno y el departamento de quejas ignoran las evidencias matemáticas de las capturas de pantalla y responden con plantillas automáticas de robots que inventan datos falsos, diciendo que mi saldo real se había agotado. Es un caso claro de publicidad engañosa dentro de la aplicación y retención indebida de fondos. Exijo una auditoría humana seria por parte de los supervisores financieros de IQ Option y la restitución inmediata de mis 501.93 USDT de fondos reales restantes.
Translate to English
2026-09-30 00:57
Reply
0
0
Johan Bautista
0-3months
hola , tengo problemas con mis retiros , la app dice que ya proceso el envío , pero no llega a mi cuenta . el soporte me indica que es problemas del banco , al comunicarme con ellos me indican que no hay ningún tipo de transacción pendiente . los últimos dos retiros realizados son con los que tengo el inconveniente . ayúdenme a recuperar mi dinero . tengo una experiencia bastante lamentable de pérdidas con este broker . porque al parecer también manipula sus gráficos . adjunto pruebas de los pagos que no quieren realizar. en la de 50.000 no quisieron enviar ni número de transacción ni nada
hola , tengo problemas con mis retiros , la app dice que ya proceso el envío , pero no llega a mi cuenta . el soporte me indica que es problemas del banco , al comunicarme con ellos me indican que no hay ningún tipo de transacción pendiente . los últimos dos retiros realizados son con los que tengo el inconveniente . ayúdenme a recuperar mi dinero . tengo una experiencia bastante lamentable de pérdidas con este broker . porque al parecer también manipula sus gráficos . adjunto pruebas de los pagos que no quieren realizar. en la de 50.000 no quisieron enviar ni número de transacción ni nada
Translate to English
2026-09-18 05:33
Reply
0
0
99+