5 min read 

One of the payment methods on the platform is an e-wallet called Neteller. Neteller is a multi-currency digital wallet that you can set up online for free and use it for deposits and withdrawals from your IQ Option account.

How to set it up?

In order to register your Neteller account, got to the Neteller website: https://member.neteller.com/signUp. This link will redirect you to the sign up page of the Neteller website where you will need to fill in your name, email and create a new password for your e-wallet. Once you have registered your account, you will be able to access the wallet. On the main page you will see the options that you have, however, only the option Money In will be active until you complete the data in your account.

Deposit

Once you click the Pay online or Money In button, you will need to set up your country and the currency of the wallet. After that you will need to specify your address and date of birth in order to complete your data. Once that is done, Neteller will assign you with a Secure ID.

The Secure ID is necessary when making transactions with Neteller, so make sure that you enter it correctly at the moment of deposit to the platform.

There are many possible ways you can top up your e-wallet, so choose the one you like and fill up your e-wallet.

Once you have funds in your Neteller account, you can deposit to IQ Option. To do it, go to the deposit page (https://iqoption.com/en/counting) and choose the amount you would like to deposit. Remember that the minimum deposit is 10 USD. Then fill in the email that your Neteller is registered with and specify the Secure ID.

If you forgot your Secure ID, you can reset it in your Neteller account:

Once you have completed the deposit procedure, the funds will be credited to your IQ Option account instantly.

Withdrawal

At this stage your e-wallet is ready for receiving money from your IQ Option account, so let’s have a closer look at how to withdraw to Neteller.

To withdraw funds from IQ Option account to your Neteller, first, go to the withdrawal section of the website: https://iqoption.com/en/withdrawal. Choose the Neteller option and specify the email which your Neteller account is registered with, as well as the amount you want to withdraw.

Do not forget that if your initial deposit was made with a bank card, you will need to verify the bank card (or bank cards if several were used) first.

Once the funds are in your Neteller account, you can withdraw from Neteller to your bank account or other e-wallets, as well as use the funds for payments online. You can check all the available withdrawal options in the Money Out tab.

Fees

There are no fees for deposits or withdrawals with e-wallets on the IQ Option platform, however, the e-wallets may charge you for transactions. You can check the information about Neteller fees on their official webpage: https://www.neteller.com/en_us/fees.

To the platform

NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.


GENERAL RISK WARNING


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.