IQ Option is one of the best online brokers that offer a wide selection of trading instruments: Binary Options, Digital Options, Forex, Crypto, Stocks, Commodities and ETFs. The platform provides every trader with a free practice account, which can be replenished as many times as needed. However, when the time comes to trade with real money, it is important to have safe and quick deposit options that will allow you to deposit smoothly and without hidden fees. Here is a detailed guide on how to deposit to IQ Option with step-by-step instructions and information about IQ Option minimum deposit.
Before making a deposit, you should create an account and download IQ Option on your device. There is a version for PC and the IQ Option mobile app for iOS and Android.
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Table of Contents
- IQ Option deposit via website
- IQ Option deposit via traderoom
- IQ Option minimum deposit
- Bank card method
- E-wallet deposit
- Deposit with cryptocurrency
- Wire transfer deposit
- Choosing the best method
How to deposit to IQ Option?
There are many options to choose from when making a deposit to IQ Option. The deposit methods can differ between countries, as some of them are only available in certain regions.
The steps one needs to follow to get to the deposit page are quite straightforward and will only depend on the platform you are using. It is possible to deposit both from the website and the IQ Option app.
IQ Option deposit on the official website
To make a deposit through the IQ Option website, follow these steps.
- Open the IQ Option website and log into your account.
- Click the green “Deposit” button, and you will be redirected to the deposit page of the website.
- Choose the deposit option that suits you, proceed to payment and follow the instructions on the screen.
IQ Option deposit in the traderoom
If you are using the IQ Option app, make sure to log in to your account first. Then, follow the instructions below:
- Find the “Deposit” in the right upper corner of the screen.
- Choose the “Real Account” option and press “Top Up Your Account”
- Choose the deposit method you wish as well as the deposit amount. Note that you can choose the amount among the presets or write down your own deposit amount, then click “Continue” to complete the payment
IQ Option minimum deposit
The IQ Option minimum deposit starts at $10 or equivalent in your local currency. The minimum trade amount is just $1.
Most popular IQ Option payment methods
There are many IQ Option deposit methods available to traders depending on their location. However, these 4 options are the most popular among traders from different countries.
1. Deposit using a bank card
One of the quickest and easiest ways to make a deposit on the IQ Option platform is using a bank card. It is possible to use a Visa or MasterCard bank card on the platform. Bank card deposit has its advantages: it goes directly into the IQ Option account and the deposit is processed immediately, which makes it the quickest and, arguably, most convenient way of depositing if you own a bank card.
- To deposit with a bank card, simply choose the bank card option in the list. Choose the deposit amount and click “Proceed to Payment”.
- Fill the information of your bank card in the fields: the card number, expiration date, cardholder name and the CVC/CVV code that can be found on the back of your card.
- Once you make sure that the data is filled correctly, click “Proceed to Payment” to complete the bank card deposit
Make sure that you upload your ID document for verification before you use the bank card deposit method. If you forgot to verify your identity, you will see a reminder on the deposit page. Read our full IQ Option verification guide for directions.
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2. Deposit using e-wallets
When deciding on how to deposit to IQ Option, it is important to consider all the available methods. E-wallets might be a great alternative, as the transactions are normally instantaneous and there is no fee charged from the side of IQ Option. E-wallet is an electronic payment method, which can be used for online shopping and other transactions on the internet.
The available e-wallets include Skrill, Perfect Money, and Neteller. Other options may depend on your country. Most e-wallets require that you pass verification (inside the e-wallet system) prior to conducting transactions, however some e-wallets allow transactions of small amounts without verification.
In order to make a deposit with an e-wallet, choose the deposit amount and fill in the e-mail address of your e-wallet in the field. You will be redirected to the e-wallet website to complete the transaction. The deposit amount will be credited to your IQ Option account shortly after that.
3. Deposit with Bitcoin
Deposit with BTC is available for most traders, and it is a convenient way to transfer funds to your IQ Option account if you possess this cryptocurrency. It is important to note that the funds will not be credited in BTC — they will be converted into fiat money, in the currency of your account.
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In order to make a Bitcoin deposit, follow these steps:
- Proceed to the deposit page on the website or your app and choose the “Bitcoin” option in the menu
- Choose the amount of deposit and proceed to payment
- Insert the crypto wallet address for returns. This is the address where your BTC will be returned in case the payment fails to be processed. The blockchain fee does not gets returned in such a case
- Send the necessary amount and wait for the transaction to receive confirmations — it may take up to 30 minutes
- In case the payment fails, it will be sent to the specified refund wallet within 24 hours
It is important that you send the exact amount within 30 minutes for the deposit to go through successfully.
Note that crypto withdrawal is unavailable, which means that you will be able to withdraw using e-wallets or bank transfer only.
4. Deposit using wire transfer
The wire transfer option refers to a transfer between the trader’s bank account and the recipient bank account on the IQ Option side. After that, the funds get credited to the trader’s Real balance on the platform. A wire transfer might be a suitable solution for those who don’t possess a bank card or an e-wallet, or simply do not wish to use them as a deposit option. Wire transfer is a reliable deposit method, although this deposit type is not instant and can take time to get credited to your account.
In order to deposit with a wire transfer, check the available options on the deposit page and proceed to payment.
What is the best IQ Option payment method?
There are many options to choose from, so it might be hard to decide how to deposit to IQ Option, especially if you are new to the platform. Each deposit method has its own pros and cons.
E-wallets are a quick option, but if you don’t already have one, it might take some time to register it. Bank cards are a fast option, and you probably already own one. However, when the time comes for withdrawals, there are certain limits, and you might need to use an alternative method anyway.
Bank transfer is safe, but takes longer. So, the best choice depends on your personal needs — choose the option that is the most convenient for you.
In case you are ready to start trading, or just wish to try out the Practice balance, you may download the IQ Option app on your device for the best trading experience.
