IQ Option is a popular online broker that offers over 300 different assets for trading, including Binary and Digital Options, CFDs on Forex, Crypto, Stocks, Commodities and ETFs. The platform provides every trader with a free practice account that can be topped up an unlimited number of times to test new methods and enhance the trading experience.
Once traders feel comfortable making deals on the demo account, they may choose to start trading with real funds. To accomplish that, they would need to make a deposit to their real account. This article covers all you need to know to make a deposit to IQ Option and begin trading with real money.
How to Deposit to IQ Option?
It is possible to deposit funds from the official website or the IQ Option traderoom. Here is an overview of the main steps.
On the IQ Option Website
To make a deposit through the IQ Option website, you may follow these steps:
1. Open the IQ Option website and log in to your account.
2. Click on the icon in the upper-right corner and select ‘Deposit’.
Deposit section on the official website
3. Choose the preferred deposit method from the list and proceed with the payment. You may be asked to verify your account before making the first deposit. Some payment options, such as bank cards, might require additional verification as well.
IQ Option deposits are not charged with any fee from the side of the broker, they are usually quick and secure. However, some deposit methods may require more time to process than others, so keep that in mind when choosing your payment option.
In the IQ Option Traderoom
To make a deposit without leaving the trading platform, click on the ‘Deposit’ button in the upper-right corner of the traderoom.
Similarly, you may top up your real account from the IQ Option mobile app by tapping ‘Deposit’ in the traderoom.
Then you may pick the most convenient payment method from the list of available options and proceed according to the instructions.
IQ Option Deposit Methods
IQ Option deposit methods offered to traders may differ depending on their location. There are basic payment options available to most traders, such as bank cards, popular digital wallets and bank transfers. Other methods may only be offered to traders from specific countries, where they are commonly used.
You may use any available payment method, including bank accounts in your local currency. Once you make a deposit, the system will automatically convert your money to the account currency. It’s important to pick the right account currency from the start, as you won’t be able to change it after making a deposit.
Let’s take a look at 2 most popular deposit methods: bank cards and e-wallets.
Deposit using a bank card
One of the faster ways to make a deposit on the IQ Option platform is using a bank card. Such deposits are usually processed immediately, which makes it quite convenient.
1. To deposit with a bank card, you should go to the ‘Deposit’ section as described above and pick the bank card option from the list.
2. Choose the deposit amount and fill in your bank card information: the card number, expiration date, cardholder name and the CVC/CVV code.
3. Check the details to make sure that the data is filled correctly and then click ‘Proceed to Payment’ to complete the deposit.
If you would like to get more detailed information about making a deposit to IQ Option using a bank card, take a look at this video tutorial.
Deposit using e-wallets
Digital wallets are also among the most popular deposit methods, as the transactions are normally processed right away. The list of available e-wallets usually includes common options like Neteller and Skrill, but there may be additional choices depending on your location.
In order to make a deposit with an e-wallet, you should go to the ‘Deposit’ section as described above, choose the deposit amount and provide the necessary information about your digital payment method. You will normally be redirected to the e-wallet website to complete the transaction.
What is the Best IQ Option Deposit Method?
There are many available options to choose from, so you may take some time to decide how to deposit to IQ Option. Each payment method has its own advantages, so consider them carefully before making the first deposit.
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- E-wallets may be considered a relatively quick method to top up your real account. However, if you don’t have a digital wallet yet, it might take some time to register it.
- Bank card transactions are also processed quite fast; however, there are certain limits when it comes to making a withdrawal to the bank card.
- Bank transfer might be an alternative option, but they usually take a few business days to process.
This means that you should learn about different IQ Option deposit methods to pick the most convenient option for you. You may also switch between several payment methods depending on your goals and timeframes.
