IQ Option is an international trading company offering its services in various countries all over the world. And Mexico is one of such countries. Indeed, the Mexican community is largely represented on the platform and has been spreading steadily since the very beginning. Thus, if you are from Mexico and wondering how to start trading, this article is for you!
First of all, as a new trader, you will be entitled to a Demo account where you will be able to practice for as long as you want with $10 000 of virtual money. Since the money is virtual, it is not possible to withdraw it, however, training on the Demo account could help you find confidence and develop your own trading method in future.
How to deposit?
If you feel ready to make some real investments you can try to make the first deposit in order to activate your Real account. The currency of your Real account will be set when you make the first deposit — if you deposit in USD your Real account will be also kept in USD. If you initiate a payment in your national currency, Mexican peso, it will be automatically exchanged into the currency offered by IQ Option platform (USD, EUR, GPB, RUB).
There are different deposit methods available for you in Mexico:
1. Bank card (Visa/ MasterCard), Virtual Visa/ MasterCard or pre-paid AstroPay Card.
Through the methods listed above, you will able to make the minimum deposit of $10. You can check the deposit procedure fully on the main deposit page. After choosing a method and a top-up amount, you are ready to ‘Go to payment’. The system will redirect you to another page where you will be asked to provide your Bank card or E-wallet details, it’s a basic information necessary for any an online payment.
How to trade?
Once the first deposit is made, you’ll find your Real and Demo balances set together within one account. Feel free to come back to Demo if you need more training in future:
Most of our beginners start with Options or Forex trading. However, besides trading currencies, there are also Stocks, Cryptocurrencies, Commodities, Indices, and ETFs – plenty of choice! To learn more about trading techniques, we have prepared You can check these video tutorials to test different trading techniques, because you will never understand what you would actually like to do unless you try it yourself!
How to withdraw?
Essentially, withdrawals are very similar to deposits.
1. Refund of the initial deposit to the same Bank card used for deposit.
If you make a deposit using your Bank card you will be able to withdraw only the same amount you deposited to the same Bank card within 90 days since your last deposit. The transaction is processed as a Refund instantly from IQ Option, but it might take your bank from 1 to 9 business days to complete it. So, do not worry, you will receive your money, just give it a few days!
2. In order to withdraw your net profit (the amount that exceeds your initial deposit) or after 90 days since your last deposit, you will be able to withdraw any amount you’ve got on your balance to the E-wallets we work with (Neteller, Skrill or WebMoney). Please note, AstroPay Cards do not receive refunds, so if you deposited with that, you will also be able to choose between E-wallets and Wire transfer.
3. In case you deposited with such E-wallets as Neteller, Skrill or WebMoney, you will be able to withdraw any amount you’ve got on your IQ Option balance to the same E-wallet account. In general, withdrawals to E-wallets take from 1 to 3 business days (including the verification).
The minimum withdrawal for all the withdrawal methods mentioned above is $2. You can make a withdrawal request and check FAQ for more information on the withdrawal page.