IQ Option has got a vast community of clients from Vietnam, so if you also want to join us this guide is exactly for you!
First of all, you can always practice with your Demo account where you will find $10 000 of virtual money to start with. You won’t be able to withdraw it, your Demo account is for you to train your trading skills and get used to the platform better. In future, if you decide to trade with your Real account you will be able to switch between the two balances: Demo is orange, Real is green:
How to deposit?
Once you feel confident enough with your trading skills, you can make your first deposit to start trading with your Real account. You can deposit in Vietnamese dong (VND).
There are different deposit methods available for you in Vietnam:
1. Wire transfer from your Bank account in Vietnam to your IQ Option account.
Very popular: fast (1 – 5 minutes), secure and very straightforward to use.
We accept payments from the following Vietnamese banks: Asia Commercial Bank, Bank for Investment and Development of Vietnam, DongA Bank, Eximbank, Sacombank, Techcombank, Vietcombank, Vietin Bank.
The minimum deposit is 300 000₫ or $15.
2. Bank card (Visa/ MasterCard) or pre-paid AstroPay Card.
The minimum deposit is 200 000₫ or $10.
To sum up, the full list of these payment methods you will find on the deposit page. To make a transfer, you will be asked to choose the deposit method you prefer and the investment amount. After that, you can ‘Go to payment’:
You will be redirected to another page where you will need to enter all the details regarding your payment method (for example, your bank account details for Wire transfer or login credentials for your E-wallet). On this page, you can check the full instruction on how to fill in bank details for Wire transfer.
How to trade?
All in all, you have a choice of 7 major trading instruments to work with: Options, Forex, Stocks, Cryptocurrencies, Commodities, Indices, and ETFs. If you haven’t decided what you would like to focus on yet, you are welcome to watch these video tutorials. They will help you make the first steps on the platform, choose assets to trade with and learn more about the market analysis.
Check the Platform for useful ideas and updates, read the Blog for the market news or contact our Support for more assistance – you will have all you need to enter the world of trading!
How to withdraw?
In general, withdrawals are quite similar to deposits.
1. Wire transfer from your IQ Option account to your Bank account in Vietnam.
Again, the same banks in Vietnam as for deposits.
Withdrawal time: from 1 to 3 business days (including the verification).
2. 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 our side, but it might take your bank from 1 to 9 business days to complete it.
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, WebMoney or Yandex.Money). 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, WebMoney or Yandex.Money, 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 40 000₫ or $2. You can make a withdrawal request and check FAQ on the withdrawal page.