This is an updated version of the article that has been posted on this blog a while ago. Read this article to learn more about the ways to withdraw funds from the IQ Option platform.
Please note that IQ Option does not apply transaction fees to deposit and withdrawal operations of our clients, except for wire transfers. At the moment, only clients from the European Union can use wire transfer. All withdrawals made using a bank transfer will be subject to an additional fee of 25 EUR. All other fees applied to your transactions are taken by the respective payment system.
Please note that a fully verified trading account will be required to proceed the request.
The general algorithm for fund withdrawal is identical regardless of the payment system. In order to withdraw your money, do the following:
1) Go to iqoption.com,
2) Sign in,
3) Click on the user picture in the upper right-hand corner of the screen,
4) Choose “Withdraw Funds” from the list of available options,
5) Pick the preferred payment system,
6) Follow the instructions from the payment system.
Payment Systems
Bank Card
It is one of the most popular methods out there. It does, however, come with two limitations. First, the trader has to use the same card that he previously utilized to credit his account. Second, due to technical peculiarities, the amount of money withdrawn to the card cannot exceed the total deposit made during the last 90 days.
This rule can be illustrated by the following example. Imagine your account balance is equal to $350, of which only $150 have been deposited in the last 90 days. It will take two separate operations to withdraw the remaining funds. First, transfer $150 to the original credit card, then send the residual of $200 using another payment of your choice.
Visa, MasterCard and Maestro cards are all accepted. China UnionPay cards can only be used by clients from China (including Hong Kong). IQ Option can also boast the 1st (highest) Payment Card Industry Data Security Standard merchant level.
Neteller
Neteller is available worldwide but is not available in certain countries including but not limited to Afghanistan, Central African Republic, Chad, Congo (Republic), Cuba, Iran, Iraq, Kazakhstan, Kyrgyzstan, Myanmar, Turkmenistan, Uzbekistan, Yemen. Clients from these countries may want to use WebMoney or Skrill instead.
26 national currencies are supported by Neteller: AED, AUD, BGN, BRL, CAD, CHF, DKK, EUR, GBP, HUF, INR, JPY, MAD, MXN, MYR, NGN, NOK, PLN, RON, RUB, SEK, SGD, TNG, TWD, USD, ZAR. Although the USD is available as a wallet currency, it still cannot be used for withdrawal purposes.
In order to retrieve funds using Neteller traders will have to verify their account first. It can be done by submitting an ID and a bank statement issued not later than three months ago. Please note that additional documents may also be requested.
Remember that the email address, mentioned during the registration process, will be used as your Neteller account login. For the sake of convenience, users can get Net+ Prepaid Card, which can be used for direct money transfers.
Note that transactions have both minimum and maximum amounts. The latter will depend on your choice of a currency.
Skrill
Skrill does not operate in certain countries that include but are not limited to Afghanistan, Angola, Cuba, Djibouti, Eritrea, Iran, Iraq, Japan, Kyrgyzstan, Syria, Tajikistan.
Skrill wallet can be opened in one of the 40 different currencies: AED, AUD, BGN, BHD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, INR, ISK, JOD, JPY, KRW, KWD, MAD, MYR, NOK, NZD, OMR, PLN, QAR, RON, RSD, SAR, SEK, SGD, THB, TND, TRY, TWD, USD, ZAR.
The email address, mentioned during the registration process, will be used as your Skrill account login. Users have a chance to activate two-factor authentication for additional security. The bank account/card can be linked to your Skrill account. However, in this case the verification process may take some time.
Transactions in this system have a set maximum limit.
WebMoney
WebMoney does not provide its service in the following states and territories: American Samoa, Afghanistan, Vanuatu, Ethiopia, Guyana, Guam, Iran, Iraq, Crimea, Laos, Libya, Mali, Mauritania, Pakistan, North Korea, Northern Mariana Islands, Serbia, Somalia, Sudan, Tunisia, Trinidad and Tobago, South Sudan , Syria, Yemen, Uganda, Sri Lanka and the United States.
Eight different currencies and assets are available to WebMoney clients: WMZ (USD), WMR (RUB), WME (EUR), WMU (UAH), WMB (BYR), WMK (KZT), WMG (Gold), WMX (Bitcoin), WMV (Vietnamese Dong), WMH (BitcoinCash), WML (Litecoin).
Users can get the WebMoney Card to make the deposit and money transfer process easier.
PayPal – Not Available
IQ Option is currently not working with PayPal. Neither deposits, nor withdrawals are accepted with this system.
To the platform
How to open Iqoption
account is blocked
Hey, Sam!
Unfortunately, we are not able to check and share your personal details from here.
Please, call our free hotline https://iqoption.com/en/contacts and you will get an instant assistance.
Tell the support operator an email of your blocked account and he will check the reason and tell you whether is it possible to unblock your account or not.
Thank you in advance!
well i have tried to open these e wallets but in vain what do i do i am from kenya africa send me a link to open the best e wallet account.
Hi, Stephen!
Did you try to register an account with Webmoney?
1) This will be a link to create your WebMoney account
https://start.webmoney.ru/?lang=EN
2) Enter and confirm your phone number https://start.webmoney.ru/?lang=EN https://start.webmoney.ru/?lang=ES
3) Enter your personal data.
4) Verify your phone number.
5) Create your password.
6) Create a purse with the currency that you want https://mini.webmoney.ru/createpurse.aspx
7) Now you can make a deposit with a bank card or e-wallet
If you have any issues in registering the account, please contact directly the e-wallet support.
Thank you in advance!
Good luck!
Good day pls can i use perfect money for withdrawal. From my account.thanks
Good evening! We’d love to assist you with that. However, we do not have details of your account and advise you not to share those on social media per security measure. Please shoot us a message at support@iqoption.com. We’ll be more than happy to chat with you on the matter.
Thank you🙂
So, if I deposit 100$ and make 2000$ more, I can’t cash out?
What is the point of this platform? Only to get your money?
This is ridiculous….
Hello George!
Yes, of course you can withdraw your profits, this is the point of trading.
If you deposit 100$ with bank card, you will only be able to withdraw 100$ to the same bank card.
All the profit made while trading you can withdraw to e-wallets:
– Skrill
– Neteller
– Webmoney
Does it make more sense now? You can withdraw profits,the thing is that you do not withdraw to bank card, but to an e-wallet 🙂
Best regards,
IQ Option Team
so it’s a must to use a wallet for profits only there’s no way i can cash out direct with my bank card ?
Hello there Light! I am really sorry that you had to face this issue, can you please write to our support at support@iqoption.com and they will be glad to assist you with it ?
Dear Alina,
Your clients from Somalia has no access to create IQ option account and these e-wallets.
Do you have another alternative to do so as others clients in the globe?
Thank you for reaching out to us! We’d like to understand the issue and help you.
We kindly ask you to contact us at support@iqoption.com so we can chat. Thank you.
Greetings to Somalia!
Good day to you!
If I deposit with Bitcoin into my account,hope I can withdraw the profit into my webmoney .
Thanks for reaching out! The availability of the payout options may vary depending on your location, so we kindly ask you to contact our team at support@iqoption.com to check all available payout methods for you. Thank you!😊
I was also confused in that case but now i understand, thank you..
You’re so welcome here 🙂
Hey,
I’ve considering starting trade with your platform, but I’m still going get trading tutorials, materials and to tips before I’ll like to start.
so, how do I get these practice materials to get proper training and info, before I’ll officially dive into trading.
Thanks in advance.
Hello Terry!
If you have just started, we would recommend to check our tutorial section first:
https://iqoption.com/en/tutorials
There you will find videos that perfectly explain basics of trading instruments and strategies.
Also you are welcome to check articles on our blog here.
We have a lot of useful tips for those that just start to trade and more advanced traders.
Do not hesitate to contact us here or via support@iqoption.com if you have specific questions.
IQ Option Team
Hello. I recently just started trading in this platform last week and i started with $24 and now i made about $150 so i withdrew with the same card i deposited money with in the first place. And it said i have to wait for 3 to 4 days for it to reflect. Today is my 3rd day and i still havent received anything.
Please can someone help me on that matter.. thanks
Hello Thabo!
There is nothing to worry about! It takes up to 9 working days to receive a withdrawal to bank card.
Please kindly wait and it will be on your card.
If for some reason you do not receive your withdrawal within this period, please contact us via support@iqoption.com
We will assist you as soon as possible!
Best regards,
IQ Option Team
Hi
I’d like to ask,if there is someone who want to trade on my behalf(Account Manager).it’s safe to give him/her the sign in details e.g password and the account as well?
I need a best advice on this before I make decisions of giving someone my account to trade for me. And it’s possible the account manager to withdraw money without my bank card or my skrill e- wallet Accounts?
What must I do in order to secure my account from scammers?
Thank you…
Hello sir, thank you very much for your question!
Let me share very important information with you, so that you can recognise scammers if they contact you.
First of all please, mind that all traders on our platform have to create account, trade, deposit and withdraw themselves.
So if people contact you, ask for money and promise to trade on your behalf – it is not true.
Our managers teach how to trade, provide you with different strategies and help to resolve issues. They don’t trade on your behalf. Their data (names and phone numbers) is shown on the platform (only VIP clients can see it).
Our employees don’t work with traders through Facebook/ Instagram/ WhatsApp.
So it means that any broker
– contacting you through Facebook
– claiming to be our employee
– asking to send money
– promising big profit in a short time
is a SCAMMER!
Hope it helps you!
IQ Option Team
Please do I need some proof to withdraw my funds? Like I passport,energy bill.etc
Hello!
Yes, it is necessary to pass a verification and upload a copy of your ID in order to make a withdrawal.
Please, contact support to get an instruction – support@iqoption.com.
Thank you in advance!
Have a wonderful day and great deals!
i did not receive the amount that i withdraw from iqoption to my Mastercard. How can I get it? oh help me please.
Hello Aldrin! Please note that it normally takes 1-9 working days to receive bank card withdrawal.
If this period passed and you still did not receive your funds, please contact us via support@iqoption.con
My colleagues will send you special codes that will help to find your withdrawal in your bank system.
Thank you!
i did not receive the amount that i withdraw from iqoption to my Mastercard. How can I get it? oh help me please.
Hello Aldrin! Please note that it normally takes 1-9 working days to receive bank card withdrawal.
If this period passed and you still did not receive your funds, please contact us via support@iqoption.con
My colleagues will send you special codes that will help to find your withdrawal in your bank system.
Thank you!
After withdrawing from my credit card, how long does it take to transfer profits to webmoney or skrill?
Hello Godwin Aden!
Withdrawals to e-wallet take maximum 1-4 working days.
Let us know if you have other questions!
Good luck in your future trades 😉
IQ Option Team
hello there
i am still learning about the IQ options and i want to know if i could use any other bank card apart from visa or mastercard,because i just have verve so i do not know if its still acceptable… Thank you in advance
Hello Jerry! How are you doing?
Thank you for your question, we accept Visa / Master / Maestro cards 🙂 You can only use one of these.
I have a question, I am a foreigner and I live in china. I have china union pay card and wechat wallet which I see is option to deposit money. Now if I withdraw . Can I use the same wechat wallet? Or union pay. Note: I am not a Chinese citizen . And I am not 100% sure if binary trading is legal in china . Please advice
Hello Manish,
You can only deposit through Wechat at the moment, withdrawal through it is not currently possible.
For withdrawal, we do have other available options.
Regarding legality, we have never come across any issue. Our Chinese traders are using it without problems.
I need to deposit in uganda shillings and withdraw in uganda money on my mobile money account(Airtel/mtn mobile money ug)
Is it possible?
Hello, Rogers! Thank you for your interest in IQ Option!
We are sorry, we do not have your national currency on the app, but you are welcome to choose the alternative option from the list (EUR, USD, etc). If you deposit in Ugandan shillings, funds will be converted automatically. The currency of an account is set during the very first attempt to make a deposit. It can’t be changed afterward.
Thanks for your question and cooperation!
Hello,
I have an account here in Ukraine, but I will need to travel to Nigeria soon. Can I still trade on my account over there without any glitch or location issues?
Hello, Caleb!
Yes, you may trade from Nigeria if you stay there no longer than 6 months.
Should you have any questions, let us know at support@iqoption.com. Thank you!
This platform is very helpful. I appreciate.
We are really glad you like our product, Caleb. Your support is very important to us! 🙂
Hello there,
I deposited to my IQ Option account using Bitcoin since I had failed several time to deposit using my VISA card, and because Bitcoin was one of the options available. I have however noticed that Bitcoin isn’t in the withdraw option. How then can I withdraw my profit is I chose to? Am in Uganda. Please help
Hi, Boniface!
Greetings to Uganda 🙂
You may use AdvCash, Neteller, Skrill, and Webmoney to withdraw.
Let us know if you need further assistance with those ones! Just text us at support@iqoption.com! 🙂
Hi I’m in Nigeria and which system is the fastest to withdraw money from my account. Thanks
Hi!
Many of our users prefer e-wallets like Skrill, Neteller, etc.
You can choose a payment method here: https://iqoption.com/en/cabinet/counting and then use the same one for a withdrawal 🙂
Hello,
I am in Uganda too; can I withdraw more than the deposit to my MTN mobile money?
Hello, Lunn!
Yes, you surely can.
If there is anything left for us to clarify, just let us know at support@iqoption.com. We appreciate your time and loyalty 🙂
There is some rules related to e-wallets , once you use it for deposit it becomes your religion!. They won’t let you use any other even if you use bitcoin for deposit. So if you want to use any e-wallet that won’t support deposit , use it before depositing with an e-wallet which support both!
eg if you want to use Neteller ( supports for withdraw only in my country) …you have to use it to withdraw you bitcoin deposit! .. before using anything like skrill to deposit! . Otherwise you won’t be able to use neteller ever as it won’t support depositing!
They don’t tell you this!.. we might think as the deposit is made by bitcoin we can keep using any e-wallet to withdraw !
i deposited using nettler but now i need to withdraw using skrill what shall i do for this
I’m a bit confused on the Visa Card section, so I can withdraw money from the trading account but the amount should be no more than the amount that I deposited in the first place ?
Can I withdraw my remaining profits after the first transaction was successful to the same Visa Card ?
Thanks,
Thank you for your question, Johnny! You’re right, you can request only your deposited amount from the bank card back to the same bank card. This can be accomplished within 90 business days since its deposit date.
Still, you are always welcome to withdraw your profits as well, no worries on that part. As soon as your withdrawal limit to the bank card is finished, in order to withdraw funds, you will just need to make a request from the page: https://iqcc.io/en/withdrawal and choose the alternative option from the list.
Our support team will be glad to assist you with that. Kindly reach us at support@iqoption.com to continue the conversation.
Thanks for your cooperation!
Hello, I have ‘ Error ’ problem trying to withdraw money to my skrill account, why ? I have a fully verified account and skrill account also use the same email as the iqoption. I don’t understand why I can’t withdraw my money? Iq option doesn’t reply my emails and online chat also . I don’t know what to do anymore , can someone help me ?
Good day, dear Gerson! We would like to assist you. As you surely understand, your account cannot be reviewed from this page. We need you to get in touch with us from your account directly so we can see the full picture.
You can be absolutely sure that if you sent a message at support@iqoption.com, your request has already been forwarded and what we need is to wait for the answer from the responsible team. Your patience and cooperation are highly appreciated. We value the opportunity to work with you.
In Sri Lanka we cannot deposit money to iq option through an e-wallet. So we have to deposit through a bank card. In my first deposit I withdraw the money to the bank card. Can’t I withdraw money to the e-wallet directly without withdraw it to my bank card in second withdraw?
Hello! How are you?
You are welcome to deposit through bank card (Visa / Mastercard) and through an ewallet.
If you deposit through bank card, you can withdraw up to the same amount back to the same bank card, more than that can be withdrawn to an ewallet.
Good day I really want to deposit money into my account,using webmoney wallet,is card still necessary needed
Hi, Emmanuel!
No, you do not have to use a card, if you’re willing to deposit with an e-wallet instead 🙂
Have a good one!
Good day Please can i withdraw from nigeria using skrill i try but the money went back to my trading account
Hey hi Ibrahim, if you are having issues with withdrawals then please write to support@iqoption.com and they will be glad to assist you. We can not check your details here on social media.
I used Skrill when depositing money in my account. What withdrawal method should I use ? I wanted to withdraw to my Webmoney e-wallet in May 7 2020. Because we can’t a withdrawal request with Skrill . But my request was denied.
I’ve been writing to the Support Center for 5 days. they don’t answer any questions.
I am kind of confused here, do you mean that the email I used in registration of my skrill account must be the same one on my IQ option registration before I can withdraw my money even though it was sent from the same skrill account?
Hello, it does not have to be same however, both accounts should belong to you. You can not use someone else’s bank card or Skrill account.