IQ Option Deposit Methods

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Depositing funds

Use your computer to deposit and it should work right away!

Clear temporary internet files (cache and cookies) from your browser. To do this, press CTRL+SHIFT+DELETE, choose the time period ALL, and select the option to clean. Refresh the page and see if anything changed. For complete instructions, see here. You can also try using a different browser or a different device.

Deposits might be declined if you entered the wrong 3-D Secure code (the one-time confirmation code sent by the bank). Did you get a code via SMS message from your bank? Please contact your bank if you didn’t get one.

This might happen if the “country” field is empty in your information. In this case, the system doesn’t know what payment method to offer, because available methods differ by country. Enter your country of residence and try again.

Some deposits might be declined by your bank if they have restrictions on international payments. Please contact your bank and check this information on their side.

You are always welcome to make deposits from an e-wallet instead.

You can easily register with any of them online for free, and then use your bank card to add money to the e-wallet.

You can only set the currency once, when you make the first deposit attempt.

You will not be able to change the currency of your real trading account, so please make sure you choose the correct one before you click “Proceed to payment”.

You can deposit in any currency and it will be automatically converted to the one you chose.

IQ Option company is not able to debit your account without your authorization.

Please make sure that a third party doesn’t have access to your bank account or e-wallet.

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It’s also possible that you have several accounts on our website.

If there’s any chance that someone got access to your account on the platform, change your password in the settings.

You are welcome to deposit using a debit or credit card (Visa, Mastercard or Maestro) or an e-wallet like Skrill, Neteller, Webmoney, and other e-wallets.

Choose your payment method here

The minimum deposit is 10 USD/GBP/EUR.

Many of our traders prefer using e-wallets instead of bank cards because it’s faster for withdrawals.

And we have good news for you: We don’t charge any fees when you make a deposit.

Recently, this problem has affected not only you but other traders as well. The problem was caused by the Neteller administration when they attempted to categorize their wallet into different accounts for storing money, such as purchasing goods, online payments, gambling and non-gambling purposes. For some reason, our company has been placed under “gambling purposes” in the Neteller wallet. So in order to complete a transfer to our platform, you need to have money on your gambling account in Neteller. Please transfer money within Neteller and try making a deposit from the gambling account. It should go through after that.

You can use only Mastercard to make a deposit into a gambling account.

However, please be aware that IQ Option has no relation to gambling. We have contacted Neteller to resolve this issue and place payments to IQ Option under a different category of payments.

For Skrill and Neteller, starting from November 28, please check the country where your account was registered in the payment system. If the account country in Skrill and Neteller is different from the country where IQ Option account is registered, there might be some issues with depositing and withdrawing funds. In order to prevent them, please contact the support service of your e-wallet.

Your deposit attempt might be declined because of the wrong Neteller security code. In this case, you need to retrieve the code from your Neteller account as shown on the screenshot. You will receive a new code by email (each code is valid for 24 hours only). Make another deposit attempt entering your Neteller email address and the new security code. Payment should go through.

Withdrawing funds

The acquirer reference number, or ARN, is a unique number that tags a credit card transaction when it goes from the merchant’s bank (the acquiring bank) through the card scheme to the cardholder’s bank (the issuer). This number can be used by issuing banks to trace a transaction with an acquirer.

It is very important to give the ARN codes to your bank’s Processing Center (the employees of a general client office sometimes are not aware of these codes and their use). If you are not able to visit the Processing Center, contact the bank officers responsible for processing card operations. They will help you to track the money.

1. To withdraw your funds, go to the Withdraw Funds section. Choose a withdrawal method, specify the amount and other data required, and click the “Withdraw Funds” button. We do our best to process all withdrawal requests within the same day or next day if outside working hours on business days (weekends excluded). Please note that interbank (bank-to-bank) payment processing may take a bit longer.

2. The number of withdrawal requests is not limited. The withdrawal amount should not exceed the amount of your current trading balance.

*Withdrawals return money that was paid in a previous transaction. Thus, the amount you can withdraw to a bank card is limited to the amount of money you deposited using this card.

Appendix 1 shows a flowchart of the withdrawal process.

The withdrawal involves the following parties:

2) Acquiring bank – IQ Option’s partner bank

3) International payment system (IPS) – Visa International or MasterCard

4) Issuing bank – The bank that opened your bank account and issued your card

In case of malfunction on the side of one of the above-mentioned parties during the withdrawal process, there might be issues with funds being credited to the card. At the moment of the withdrawal on the website, IQ Option provides information about the transaction to the acquiring bank. The acquiring bank assigns a unique ARN* code to the operation and passes it to the IPS. The IPS then assigns a unique RRN* code and transfers all the information to the issuing bank. The issuing bank processes the operation and credits the funds to your card.

*ARN and RRN identification codes serve as proof of successful withdrawal transactions. The ARN and RRN codes are unique for every transaction and prove that this exact transaction was successful.

3. Flowchart of funds withdrawal from the trading balance to a bank card. (Appendix 1)

4. Possible malfunctions

If 15 calendar days have passed after the withdrawal request but the funds were not credited to the bank card, please contact IQ Option Support through your Profile (or send email to [email protected]).

In your message to the support team, it is important to mention the dates and amount of the withdrawal not credited to the bank card (please make sure that 15 calendar days have passed before writing a message to the support team). We also ask that you attach a credit card statement issued and signed by the bank.

4.1. If the transaction is not successful, the support team will provide an explanation of what happened and advise you on what steps need to be taken.

4.2. If the transaction is successful on the sides of both IQ Option and the IPS, customer support will provide the unique identification numbers (ARN, RRN) for the non-credited transactions.

1) Fill out the form Template 1.

2) Take it to the issuing bank’s processing department (the department responsible for processing payments, which may be called the processing center, payment services support department, bank card operations support department, etc.). The issuing bank should be able to use the ARN and RRN codes to track the withdrawal transactions. If the bank failed to track the transactions with the help of the codes, they should sign the document provided. This document should be sent to the IQ Option support team ([email protected]). Please do not forget to mention that the funds were not credited. IQ Option can forward this form to the IPS only if there is an official reply stating that operations were not processed or not found by the issuing bank.

Upon submission of the completed form from Template 1, an investigation will be opened with the relevant payment processing company and/or third party involved with the processing of your payment(s). It is important for you to note and acknowledge that such investigation is carried out by third parties outside of IQ Option’s control and is generally completed within 30 to 180 days. As such, IQ Option is unable to guarantee and/or influence the time period required for the completion of the investigation.

*ARN (Acquirer’s Reference Number) is a unique transaction code assigned by the acquiring bank.

*RRN (Retrieval Reference Number) is a unique transaction code assigned by the payment system.

Your withdrawal method will depend on the deposit method.

If you use an e-wallet to deposit, you will only be able to withdraw to the same e-wallet account. In order to withdraw funds, make a withdrawal request on the withdrawal page. Withdrawal requests are processed by IQ Option within 3 business days. If you withdraw to a bank card, a payment system and your bank require additional time to process this transaction.

Conditions may vary depending on location. Please get in touch with Support for precise instruction.

For every withdrawal request, our specialists need some time to check everything and approve the request. This is usually no more than 3 days.

We need to make sure that the person who makes a request is really you, so that nobody else can access your money.

This is necessary for the security of your funds, along with the verification procedures.

After that, there is a special procedure when you withdraw to a bank card.

You can only withdraw to your bank card the total amount deposited from your bank card within the last 90 days.

We send you the money within the same 3 days, but your bank needs some more time to complete the transaction (to be more precise, the cancellation of your payments to us).

Alternatively, you can withdraw all your profits to an e-wallet (like Skrill, Neteller, or WebMoney) without any limits, and get your money within 24 hours after we complete your withdrawal request. This is the fastest way to get your money.

Yes. You need to verify your identity in order to withdraw funds. Account verification is necessary in order to prevent fraudulent financial transactions on the account.

To pass the verification process, you will be kindly asked to upload your documents on the platform using the links given below:

1) A photo of your ID (passport, driver’s license, national ID card, residence permit, refugee identity certificate, refugee travel passport, voter ID) here. You can use our video tutorials for details.

2) If you used a bank card for depositing money, please upload a copy of both sides of your card (or cards if you used more than one to deposit) here. Please remember that you should hide your CVV number and keep visible the first 6 and the last 4 digits of your card number only. Please make sure that your card is signed.

If you use an e-wallet to deposit funds, you need to send us a scan of your ID only.

All the documents will be verified within 3 business days after you make a withdrawal request.

1) After a withdrawal request is made, it receives the “Requested” status. At this stage, funds are deducted from your account balance.

2) Once we begin processing the request, it receives the “In process” status.

3) Funds will be transferred to your card or e-wallet after the request receives the “Funds sent” status. This means that the withdrawal has been completed on our side, and your funds are no longer in our system.

You may see the status of your withdrawal request at any time in your Transactions History.

The time when you receive the payment depends on the bank, the payment system or the e-wallet system. It is approximately 1 day for e-wallets and usually up to 15 calendar days for banks. The withdrawal time could be increased by the payment system or your bank and IQ Option has no influence on it.

How To Deposit Money To IQ Option? Best Methods & Tips To Fund Your Account

IQ Option No. 1 Software

Many traders are attracted to binary options trading because of its promising money-making potential. Its simplicity also led to a strong appeal among newcomers to the financial markets. One of its most popular trading platforms is IQ Option. If you’re a trader who’s planning to use this online broker, you may be interested to know how to deposit money to IQ Option and commence with your trading endeavors.

The thing that sets IQ Option apart from other binary options brokers is that it offers various options for different payment types for their users. In this article, we’ll enumerate and discuss these options, the best methods and tips, to help you see which one works best for you.

What are the methods to Deposit Money in IQ Option?

Binary Options

Binary options work on a simple yes or no proposition with capped profit and risk potentials. Trades are placed based on what the trader believes – whether an underlying asset will have a higher price at a certain time or not. If yes, the trader purchases the binary option. If not, the trader sells it. Like other financial markets, it includes a bidding and asking price that fluctuates until the expiry of the option. Trading can happen on any of the popular binary options brokers around.

It’s worth noting that binary options traded in and outside the U.S. have different structures according to Investopedia. Moreover, traders must fully understand the two probable outcomes of exotic options and how binary options work. Knowing the markets and timeframes for trading and its advantages and disadvantages are crucial before engaging in this type of trading to prevent huge financial losses. Statistics show that a single trader makes an average deposit of $1,400.

IQ Option: What Is It?

Before we discuss how to deposit money to IQ Option, let’s take a close look at this broker first. Here we explain how the app works and how it can help you better understand and profit from binary options. IQ Option is a licensed and regulated online broker with its own custom-built trading platform for binary options. Maintaining user confidence and their company’s reputation is important for users to see they’re a reliable firm. Hence, they show transparency through their operations such as:

  1. Demo Account. New investors get a fully free demo trading account which they can quickly start using to trade. It’s not time restricted and works in parallel to the real money account. This is the firm’s way of allowing traders to hone their skills and familiarize the practice while being confident of their platform to maintain trader retention.
  2. Regulations. The firm has stopped offering deposit match bonuses as the regulator deemed it as high risk. Since they’re regulated, they adhere to CySec rules.
  3. Hedging. This simple yet advanced investing strategy is popular in financial markets. To manage risks, IQ Option actively shows when and how they hedge their positions to reassure skeptical traders. This is important for traders who are afraid of other “over the counter” (OTC) brokers that want their traders to lose.
  4. Support. Contacting IQ Option is available through a wide array of options and languages. They have live chat for an immediate resolution to questions and complaints. They also offer 24/7 telephone support for 18 countries.

IQ Option: How to Deposit Money

Utilizing a quick and secure method on how to deposit money to IQ Option is essential so you can immediately and securely top up your funds in your trading account when an opportunity arises. With the platform’s low minimum deposit at $10 and opening transactions at $1, trading is made accessible for everyone. Here are the best methods and tips on depositing:

1. Credit Card/Debit Card

Using a credit card and debit card is one of the quickest and most convenient ways of depositing money in your account. Since many people already have these bank cards, there is no need for you to create an extra account anymore. Funds are also immediately added to your account balance. This is crucial when you no longer have money on your account after you’ve invested or withdrawn them and you recognize a trading opportunity.

Using credit cards and debit cards doesn’t incur hidden fees or charges. (Note: It’s still important to check your own bank’s regulations, especially for credit cards, as they may vary per bank and country.) This lets you deposit money multiple times without being charged a fee for each single deposit transaction.

This method is available for:

How to add funds to your account using a bank card:

  1. Open your menu on the upper left side of the dashboard. Choose “Deposit”; it’s the first option you’ll see. Or,
  2. Click deposit on the upper right side of the dashboard located just beside the figures of your account balance.
  3. Pick your payment method.
  4. Enter the amount you want to deposit.
  5. Add in your card details: cardholder name, card number, expiry date, and CVV or CVC code.
  6. After clicking “Pay,” you’ll instantly see the funds added to your account.

2. Wire Transfer

Wire transfer refers to the electronic transfer of money that goes from one bank to another, and then the recipient’s account. As a bank-to-bank transaction, it’s a secure method since federal regulations require identity verification (among other information) and a physical address for everyone who opens an account. While it’s a reliable option, the days it can take to move money may be challenging for binary options trading, especially when you need the funds immediately.

This is recommended for depositing a larger amount of money because of its security. It also prevents you from overspending and gaining debts because you’ll only use the amount you can offer, as compared to using credit cards.

3. eWallet

An eWallet, also called a digital wallet, is used by people to pay for goods and services purchased online. It has a growing popularity because of it’s secure, convenient, and hassle-free transaction. Its utility is the same as that of a debit card and credit card. Meanwhile, the difference is that it’s an electronic card and pre-paid account where the user stores his/her money for future purchases. Using it to deposit money into your IQ Option account is fast and easy. Additionally, there are no extra fees.

Here are the eWallets catered by IQ Option:

  1. WebMoney. This internet currency and universal payment system enable paying, withdrawing, and topping up funds. It allows users to have multiple accounts (called “purses”) with different types of currencies that allow easy deposits and withdrawals to your account.
  2. Skrill. This is one of the leading providers of global payment solutions that’s available in 40 currencies. It has quick payment methods with stored cards on your account balance. It also lets you withdraw funds using ATM withdrawals or by moving the money into your bank account.
  3. Neteller. This is an online financial service that streamlines online payments and money transfers. Aside from making secure payments, it also allows funds withdrawal from your bank account or by accessing ATMs around the world.

4. Bitcoins

The latest addition to IQ Option’s deposit methods is Bitcoins. Bitcoin is a form of digital “currency” and an example of cryptocurrency (produced by businesses and people around the world from advanced computer software). You can take a look into our article, What is Bitcoin , to learn more about this more advanced type of currency.

How to top up your trading balance using Bitcoins:

  1. Open the Deposit tab and choose your deposit amount.
  2. Unfold the payment methods on the list (found on the right) and pick “Bitcoin.”
  3. After clicking “Proceed to Payment,” you’ll be forwarded to the Cubits—the processing provider—payment page.
  4. Check the invoice amount and its BTC equivalent. (Confirmation of the transaction only lasts for 15 minutes. If you don’t confirm it, the invoice will simply expire.)
  5. IQ Option will add the funds to your balance after Cubit verifies your payment, which is done immediately after your confirmation.

Choose the Safest and Most Convenient Deposit Method

These four methods of depositing money in IQ Option should suffice to most users. Obviously, each has its pros and cons and thus, you must choose the method most convenient for you. While you probably own a credit card, you might still want to use wire transfer because it helps you avoid overspending. Alternatively, eWallet is fast and hassle-free as well. So, the choice is ultimately up to you.

However, no matter the method you choose, you must always ensure safety. For instance, wire transfer takes quite some time but is deemed very safe which makes it ideal for transferring a large sum of money.

Of course, depositing money is only one side of the card. You will also have to withdraw it, and you’d want to do it safely. Not being able to get your money because of technicalities is one of the worst scenarios. That’s why to help you with that, check our article covering how to withdraw money from IQ Option .

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    The Best Binary Options Broker 2020!
    Perfect For Beginners!
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  • Binomo

    Good Broker. Only For Experienced Traders!

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