Score

5.95 /10
Average

IQ Option

Antigua and Barbuda

10-15 years

Regulated in Cyprus

Market Maker (MM)

Global Business

High potential risk

AA

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Comparison

Quantity 93

Exposure

Time Machine
Website

Score

Regulatory Index6.67

Business Index8.08

Risk Management Index0.00

Software Index6.00

License Index6.67

The WikiFX Score of this broker is reduced because of too many 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

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WikiFX Risk Alerts 2
Previous Detection : 2025-04-13
  • The number of the complaints received by WikiFX have reached 82 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

My withdrawal funds never arrive

I have been waiting for months for my withdrawal that never reached my bank account, in short, a total fraud for months, I have been waiting for that and the only answer is that they send me some codes that the bank classifies as invalid for operations that the broker never carried out and the broker did not It gives me a solution for my money and the bank tells me that the transaction was never carried out by the broker.

2023-05-30 10:17
Resolved

investment of international option IQ option missi

my name is pankaj shukla village kathvaiya post kalna gaipura Vindhyachal Mirzapur Uttar Pradesh India zipcode 231303..phone..9129964567,8317072017,, opened option digital trading currencies platform account of IQ option platform quadcode..in month may 2022 and made some deposit and withdrawal but.after 6 June 2022 by making huge profits of 20lac usdt of AUD JPY...and all money investment in the same platform mobile application iq option company.. client id 107712801,, register phone no 919129964567,user name Rishikapankaj gmail ID is killerB2happy@gmail.com of my daughter school guest account....and all the documents submitted byme is legal according to there policy in the name of pankaj shukla...now two years over asking to company support portal..none progress and action taken..but alternative they hacked my both Gmail ID killerB2happy@gmail.com &shuklappankaj587@gmail.com.. even Instragram id Facebook Id used to login in application...and Twitter account also.. because I shared that day gain post in all these social apps...this is daylight robbery against innocent and simple poor people money ...

2024-07-27 01:48
    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

    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

    NewsFxWirePro:EUR/NZD succumbs to bearish forces after Eurozone business downturn deepens in July

    EUR/NZD declined on Monday after PMI data showed euro zone business activity shrank much more than expected in July. • A survey showed the downturn in euro zone business activity deepened much more than expected in July as demand in the bloc's dominant services industry declined and factory output fell. • EUR/A NZD chart has taken a turn for the worse after todays drop.Overall risk growing for a bigger drop towards 1.7750.

    WikiFX
    2023-07-25 15:05
    FxWirePro:EUR/NZD succumbs to bearish forces after Eurozone business downturn deepens in July

    NewsUS Federal Reserve seen holding rates in June

    More than 90% of economists said the Federal Open Market Committee would hold its federal funds rate at 5.00-5.25%.

    WikiFX
    2023-06-14 10:04
    US Federal Reserve seen holding rates in June

    ExposureWikiFX Review: Beware of IQ Option, who was suspected fake clone!

    Another fraudulent forex broker has been exposed by an investor!

    WikiFX
    2022-09-19 14:03
    WikiFX Review: Beware of IQ Option, who was suspected fake clone!

    User Reviews

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    User comment

    49

    Comments

    Write a review

    FX1320576318
    0-3months
    Ótimo pra quem quer começar no mundo cripto você analisa as cotações e aplica o valor que deseja operar simples e fácil.
    Ótimo pra quem quer começar no mundo cripto você analisa as cotações e aplica o valor que deseja operar simples e fácil.
    Translate to English
    2025-03-27 23:54
    Reply
    0
    0
    FX2999130660
    0-3months
    Excelente,fácil de ultilizar,e sem delay nos minutos,picos de velas eficaz
    Excelente,fácil de ultilizar,e sem delay nos minutos,picos de velas eficaz
    Translate to English
    2025-03-24 01:57
    Reply
    0
    0
    93