Score

1.48 /10
Danger

IQ OPTION

Antigua and Barbuda

2-5 years

Suspicious Regulatory License

Global Business

High potential risk

AAA

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Comparison

Quantity 24

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.80

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

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Company Name

SKY LADDER LLC

Company Abbreviation

IQ OPTION

Platform registered country and region

Antigua and Barbuda

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-04-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 23 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Sources
IQ OPTION · Company summary
IQ OPTIONReview Summary
Founded2007
Registered Country/RegionAntigua and Barbuda
RegulationNo regulation
Market InstrumentsForex, CFD Stocks, Cryptocurrencies, Commodities, ETFs, Indices
Demo Account
Leverage/
Spread/
Trading PlatformIQ Option APP
Minimum Deposit/
Social Trading
Customer SupportEmail: support@iqoption.com
Address: The Colony House, 41 Nevis Street, Saint Johns, Antigua and Barbuda
Social media: Instagram, YouTube, Twitter

IQ OPTION was registered in 2007 in Antigua and Barbuda, which is a broker focusing on forex, stocks, cryptos, commodities, ETFs, and indices markets. It provides a free demo account and a social trading platform for traders to communicate. However, this company is not regulated, and it does not reveal details about accounts.

IQ OPTION's homepage

Pros and Cons

Pros Cons
Long operation timeLack of regulation
Demo accounts availableLack of transparency
Social trading platforms providedNo MT4 or MT5
Diverse tradable assetsLimited types of payment options
Trading tournaments organizedInactive fees charged
Withdrawal fees charged

Is IQ OPTION Legit?

No, IQ OPTION is not regulated by financial regulatory authorities in Antigua and Barbuda, which means the company lacks regulation from its registration site. Therefore, please be aware of the potential risks!

No license
Domain information

What Can I Trade on IQ OPTION?

IQ OPTION provides several types of products, including forex, CFD stocks, cryptocurrencies, commodities, ETFs, and indices.

Tradable Instruments Supported
Forex
Commodities
Indices
CFD Stocks
Cryptocurrencies
ETFs
Bonds
Options
Futures
What Can I Trade on IQ OPTION?

IQ OPTION Fees

IQ OPTION charges an inactive fee of 10 EUR if the account remains inactive for 90 days. Besides, it also charges termination fees, which can be up to 5 EUR.

IQ OPTION Fees

Trading Platform

IQ OPTION uses its own trading platform, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
IQ OPTION APPPC, web, mobile, mac/
MT4/Beginners
MT5/Experienced traders
IQ OPTION APP

Social Trading

IQ OPTION provides a trading community platform, which enables traders to communicate and share their experiences.

Social Trading

Deposit and Withdrawal

IQ OPTION supports electronic payment systems, bank cards, and wire transfer options. Besides, traders can have a free withdrawal per month.

Withdrawal Options Minimum Withdrawal Withdrawal Fees Withdrawal Processing Time
VISA/MasterCard2 EUR/GBP/USD2%, max 30 EUR/25 GBP/30 USDInstant
Deposit
Withdrawal

Trading Tournaments

IQ OPTION holds different types of trading tournaments, and the prize pool varies. Take the current tournament for example, the prize pool is $3,000.

Trading Tournaments

User Reviews

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User comment

2

Comments

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Means
more than one year
IQ OPTION is a complete scammer, it scammed me out of tens of thousands of dollars, and it is still in business! Why hasn't it been punished by law?
IQ OPTION is a complete scammer, it scammed me out of tens of thousands of dollars, and it is still in business! Why hasn't it been punished by law?
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2023-02-23 11:24
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快手-提款机
more than one year
Let me tell you, IQ Option is the real deal. Their trading platform is top-notch and the overall environment is great for trading. What really impressed me though, was their demo account feature. It allowed me to test the waters before diving in, which helped me feel more confident about my trades. And don't even get me started on their low minimum deposit - it's perfect for newbies who don't want to risk a ton of cash. Plus, their platform is super easy to use, making it a great choice for anyo
Let me tell you, IQ Option is the real deal. Their trading platform is top-notch and the overall environment is great for trading. What really impressed me though, was their demo account feature. It allowed me to test the waters before diving in, which helped me feel more confident about my trades. And don't even get me started on their low minimum deposit - it's perfect for newbies who don't want to risk a ton of cash. Plus, their platform is super easy to use, making it a great choice for anyo
Translate to English
2023-03-27 10:06
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