IQ Option Fees, Spreads, and Commission

IQ Option Fees, Spreads, and Commission. IQ Option trading involves fees from $10 USD / R160 ZAR, Overnight/Swap Fees that start from 0.86%, and commission-free trading depending on the account traders select.  The IQ Option minimum deposit fee is $10 USD / R160 ZAR.

Please Note: This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders

IQ Option Fees, Spreads, and Commission – 7 Key Point Quick Overview

1. ✅ IQ Option Fees, Spreads, and Commission – Overview
2. ✅ IQ Option Broker Fees
3. ✅ IQ Option Minimum Deposit
4. How to Open an IQ Option Account – Step by Step Guide
5. IQ Option Pros and Cons
6. Conclusion
7. Frequently Asked Questions

Overall Rating

• 4.2/5

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OPEN AN ACCOUNT

Min Deposit

USD 10

Trading Platform

Proprietary Platform

Crypto

Yes

Account Activation

24 Hours

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose

IQ Option Fees, Spreads, and Commission – Overview

IQ Option Spreads start from 0.6 pips EUR/USD, with spreads depending on the financial instrument traded, the liquidity, and market conditions.

IQ Option does not charge any commissions for deposits (*currency conversion fee might apply) but just one withdrawal per month is free, for each subsequent withdrawal a fee is 2% of the amount withdrawn, but not less than $1, and not more than $30. Traders can expect maximum leverage of up to 1:1000.  Additional Fees charged by IQ Option include Overnight/Swap Fees that start from 0.86%.

IQ Option Broker Fees

IQ Option does not have commissions for deposits (*currency conversion fee might apply) but just one withdrawal per month is free, for each subsequent withdrawal a fee is 2% of the amount withdrawn, but not less than $1 and not more than $30.

• 180 Stocks with spreads from 0.02%.
• 86 Options
• 35 New Forex pairs with typical spreads from 0.6 EUR/USD.
• 25 Typical Forex pairs with typical spreads that start from 0.005% EUR/USD.
• 35 Cryptocurrencies with spreads from 0.3% on Bitcoin/BTC.
• 4 Commodities with spreads from 0.05%.
• 23 ETFs with spreads from 0.02%.

Other broker fees that traders must take note of include an inactivity fee which is charged to the account of the trader if their account becomes dormant after 90 days. For each consecutive month that there is no activity on the account, an amount of 10 EUR (166 ZAR) will be deducted from the account until it reaches a zero balance, after which the account will automatically be closed.

IQ Option is not a spread betting broker, so spread betting fees will not apply.

IQ Option Minimum Deposit

IQ Option offers 3 Different account types, all of which carry their own minimum deposit amount.  A Minimum amount will need to be deposited in order to open a live trading account.  In most cases when converted the minimum deposit will be close to $10 USD but this will depend on the investor’s chosen account currency.

How to Open an IQ Option Account – Step by Step Guide.

1. Step 1:  Get Started For Free.

The applicant will be required to provide an up-to-date, functional email address and password.  Next, the applicant must agree to IQ Options terms and conditions and click on the Get Started for Free button.

2. Step 2:  Email Confirmation

The applicant must confirm the email address that was provided in Step 1.

3. Step 3:  Redirect

Once the applicant has confirmed that the provided email address is up-to-date and indeed functional, a redirect screen will become visible.

4. Step 4:  Fund and Trade.

Once the applicant has been redirected, their new IQ Option account is ready for use.  The account can now be funded and the first trade made.

Overall Rating

• 4.2/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 10

Trading Platform

Proprietary Platform

Crypto

Yes

Account Activation

24 Hours

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose

IQ Option Pros and Cons

You might also like: IQ Option Account Types – Step by Step

You might also like: IQ Option Demo Account

You might also like: IQ Option Islamic Account Overview

You might also like: IQ Option Minimum Deposit

You might also like: IQ Option Sign up Bonus

Conclusion

Overall, IQ Option Fees, Spreads, and Commission will depend on the account type selected.  The IQ Option minimum deposit fee is $10 USD / R160 ZAR.

Frequently Asked Questions

How many instruments can I trade with IQ Option?

You can trade any of the following:

• Stocks
• Forex
• Options
• Cryptocurrencies
• Commodities
• ETFs

Which platforms are supported by IQ Option?

IQ Option offers its own proprietary trading platform, which is available on the web, desktop, and mobile.

Does IQ Option offer leverage?

Yes, IQ Option offers leverage up to 1:1000.

What spreads can I expect with IQ Option?

• Stocks from 0.02%.
• New Forex from 0.6 EUR/USD.
• Typical Forex from 0.005% EUR/USD.
• Cryptocurrencies from 0.3% on Bitcoin/BTC.
• Commodities from 0.05%.
• ETFS from 0.02%.

Does IQ Option charge a commission?

No, IQ Option offers commission-free trading.

Are there additional charges on the Islamic account?

No, there are no additional charges indicated.

Is IQ Option a recommended forex trading broker for experts and beginners?

Yes, IQ Option is ideal for both beginners and professionals.

What is the overall rating out of 10 for IQ Option?

9/10.