How to Deposit and Trade Binary Options in IQ Option
How to Deposit on IQ Option
You are welcome to deposit using a debit or credit card (Visa, Mastercard), Internet banking or an e-wallet like Skrill, Neteller, Webmoney, and other e-wallets.The minimum deposit is 10 USD/GBP/EUR. If your bank account is in a different currency, the funds will be converted automatically.
Many of our traders prefer using e-wallets instead of bank cards because its faster for withdrawals.
Deposit via Bank Cards (Visa / Mastercard)
1. Visit IQ Option website or mobile app.2. Login to your trading account.
3. Click on the “Deposit” button.
If you are in our home Page, press the "Deposit" button in the upper right corner of the main website page.
Select the "Mastercard" payment method, enter a deposit amount manually, or select one from the list and click "Proceed to Payment".
5. You will be redirected to a new page where you will be requested to enter your card number, cardholder name, and CVV.Payment methods available to the reader may be different. For the most up-to-date list of available payment methods, please refer to the IQ Option trading platform.
The CVV or СVС code is a 3-digit code that is used as a security element during online transactions. It is written on the signature line on the back side of your card. It looks like below.
To complete the transaction, press the "Pay" button.
On the new page that opened, enter the 3D secure code (a one time password generated to your mobile phone that confirms the security of the online transaction) and click the "Confirm" button.
If your transaction has been completed successfully, a confirmation window will appear and your funds will be credited to your account instantly.
When making a deposit, your bank card gets linked to your account by default. Next time you make a deposit, you wont have to enter your data again. You will only need to choose the necessary card from the list.
Deposit via Internet Banking
1. Click on the “Deposit” button.If you are in our home Page, press the "Deposit" button in the upper right corner of the main website page.
If you are in the trade room, press on the green ‘Deposit’ button. This button is located at the top right corner of the page.
2. Select the bank you would like to deposit (in our case it is Techcombank), then you may enter a deposit amount manually or select one from the list and press "Proceed to Payment".
Enter your bank account username and password and click on the “Continue” button.
Note: you have to complete the operation within 360 seconds.
3. Please wait while the system is connecting to your bank account and do not close this window.
4. Then you will see the transaction ID, that will help to get the OTP on your phone.
It is very easy to get the OTP code:
- click on the “Get the OTP Code” button.
- enter the transaction ID and click the “Confirm” button.
- receive the OTP code.
5. If the payment was successful you will be redirected to the following page with the amount of the payment, date and transaction ID indicated.
Deposit via E-wallets (Neteller, Skrill, Advcash, WebMoney, Perfect Money)
1. Visit IQ Option website or mobile app.2. Login to your trading account.
3. Click on the “Deposit” button.
If you are in our home Page, press the "Deposit" button in the upper right corner of the main website page.
If you are in the trade room, press on the green ‘Deposit’ button. This button is located at the top right corner of the page.
4. Select the "Neteller" payment method, then you may enter a deposit amount manually or select one from the list and press "Proceed to Payment".
5. Enter email address you used to sign up with Neteller and press "Continue".The minimum deposit is 10 USD/GBP/EUR. If your bank account is in a different currency, the funds will be converted automatically.
6. Now enter the password of your Neteller account in order to sign in and press "Continue".
7. Check the payment information and click "Complete order".
8. Once your transaction has been successfully completed, a confirmation window will appear.
Your funds will be credited to your real balance instantly.
Where is my money? A Deposit was made to my account automatically
IQ Option company is not able to debit your account without your authorization.Please make sure that a third party doesn’t have access to your bank account or e-wallet.
It’s also possible that you have several accounts on our website.
If there’s any chance that someone got access to your account on the platform, change your password in the settings.
Frequently Asked Questions (FAQ)
How long does it take for the boleto I paid to be credited to my account?
Boletos are processed and credited to your IQ Option account within 2 business days. Please note that we have different boletos, and they usually vary only in the minimum processing time, being 1 hour for fast boletos and 1 day for the other versions. Remember: business days are only from Monday to Friday.
I paid a fast boleto and it didnt come into my account in 24 hours. Why not?
Please note that the maximum processing time for boletos, even the fastest, is 2 business days! Therefore, it means that there is only something potentially wrong if this deadline has expired. It is common for some to be credited quickly and others not. Please just wait! If the deadline has expired, we recommend contacting us via support.
How long does it take for the deposit I made by bank transfer to arrive in my account?
The standard maximum time limit for bank transfers is 2 business days, and it can take less. However, just as some boletos are processed in less time, others may need all the time of the term. The most important thing is to make the transfer on your own account and place a request through the website/app before making the transfer!
Whats this 72-hour error?
This is a new AML (anti-money laundering) system that we have implemented. If you deposit via Boleto, you must wait up to 72 hours before making a withdrawal. Note that the other methods are not impacted by this change.
Can I deposit using someone elses account?
No. All deposit means must belong to you, as well as the ownership of cards, CPF and other data, as stated in our Terms and Conditions.
What if I want to change the currency of my account?
You can only set the currency once, when you make the first deposit attempt.You will not be able to change the currency of your real trading account, so please make sure you choose the correct one before you click "Proceed to payment".
You can deposit in any currency and it will be automatically converted to the one you chose.
Debit and credit cards. Can I deposit via credit card?
You can use any Visa, Mastercard, or Maestro (with CVV only) debit or credit card to deposit and withdraw money, except for Electron. The card must be valid and registered in your name, and support international online transactions.
How can I unlink my card?
If you want to unlink your card, please click "Unlink Card" right under the "Pay" button when you make your new deposit.
What is 3DS?
The 3-D Secure function is a special method for processing transactions. When you get an SMS notification from your bank for an online transaction, it means that the 3D Secure function is on. If you do not receive an SMS message, contact your bank to enable it.
I have problems depositing via card
Use your computer to deposit and it should work right away!Clear temporary internet files (cache and cookies) from your browser. To do this, press CTRL+SHIFT+DELETE, choose the time period ALL, and select the option to clean. Refresh the page and see if anything changed. For complete instructions, see here.. You can also try using a different browser or a different device.
Deposits might be declined if you entered the wrong 3-D Secure code (the one-time confirmation code sent by the bank). Did you get a code via SMS message from your bank? Please contact your bank if you didnt get one.
This might happen if the "country" field is empty in your information. In this case, the system doesnt know what payment method to offer, because available methods differ by country. Enter your country of residence and try again.
Some deposits might be declined by your bank if they have restrictions on international payments. Please contact your bank and check this information on their side.
You are always welcome to make deposits from an e-wallet instead.
We support the following: Skrill, Neteller.
You can easily register with any of them online for free, and then use your bank card to add money to the e-wallet.
How to Trade Binary Options in IQ Option
What is an asset?
An asset is a financial instrument used for trading. All trades are based on the price dynamic of a chosen asset.To choose an asset you want to trade on, follow these steps:
1. Click on the asset section in the top of the platform to see what assets are available.
2. You can trade on multiple assets at once. Click on the “+” button right from the asset section. The asset you choose will add up.
How to Trade Binary Options?
1. Select an asset. The percentage next to the asset determines its profitability. The higher the percentage – the higher your profit in case of success.Example. If a $10 trade with a profitability of 80% closes with a positive outcome, $18 will be credited to your balance. $10 is your investment, and $8 is a profit.
Some asset’s profitability may vary depending on the expiration time of a trade and throughout the day depending on the market situation.
All trades close with the profitability that was indicated when they were opened.
2. Choose an Expiration Time.
The expiration period is the time after which the trade will be considered completed (closed) and the result is automatically summed up.
When concluding a trade with binary options, you independently determine the time of execution of the transaction.
3. Set the amount you’re going to invest.
The minimum amount for a trade is $1, the maximum – $20,000, or an equivalent in your account currency. We recommend you start with small trades to test the market and get comfortable.
4. Analyze the price movement on the chart and make your forecast.
Choose Higher (Green) or Lower (Red) options depending on your forecast. If you expect the price to go up, press "Higher" and if you think the price to go down, press "Lower"
5. Wait for the trade to close to find out whether your forecast was correct. If it was, the amount of your investment plus the profit from the asset would be added to your balance. In case of a tie – when the opening price equals the closing price – only the initial investment would be returned to your balance. If your forecast was incorrect – the investment would not be returned.
You can monitor the Progress of your Order under The Trades
The chart shows two lines marking points in time. The purchase time is the white dotted line. After this time, you cant buy an option for the selected expiration time. The expiration time is shown by the solid red line. When the transaction crosses this line, it closes automatically and you take either a profit or a loss for the result. You can choose any available expiration time. If you have not opened a deal yet, both white and red lines will be moving together to the right to mark the purchase deadline for the chosen expiration time.
How to use Charts, Indicators, Widgets, Market Analysis
ChartsIQ Option trading platform allows you to make all your presets right on the chart. You can specify order details in the box on the right-side panel, apply indicators, and play with settings without losing the sight of the price action.
Want to trade multiple options at a time? You can run up to 9 charts and configure their types: line, candles, bars, or Heikin-ashi. For bar and candle charts, you can set up the time frames from 5 seconds up to 1 month from the bottom left corner of the screen.
Indicators
For in-depth chart analysis, use indicators and widgets. Those include momentum, trend, volatility, moving averages, volume, popular, and others. IQ Option has a fine collection of the most-used and essential indicators, from XX to XX, over XX indicators in total.
If you apply multiple indicators, feel free to create and save the templates to use them later
Widgets
Widgets can help your decision-making big time. On the platform, you can use widgets like traders’ sentiment, high and low values, trades of other people, news, and volume. They will help you monitor changes in real-time.
Market analysis
No matter if you trade options, Forex, stocks, metals, or cryptos, knowing what’s going on with the world economy is essential. At IQ Option, you can follow up on the news in the Market Analysis section without leaving the Traderoom. Smart news aggregator will tell you what assets are the most volatile right now, and themed calendars will give you an idea of when is the best moment to take action.
Frequently Asked Questions (FAQ)
What is the best time to choose for trading?
The best trading time depends on your trading strategy and a few other factors. We recommend that you pay attention to the market schedules, since the overlap of the American and European trading sessions makes prices more dynamic in currency pairs such as EUR/USD. You should also follow market news that might affect the movement of your chosen asset. Its better not to trade when prices are highly dynamic for inexperienced traders who dont follow the news and dont understand why the price is fluctuating.
How many options can I buy per expiration?
We dont restrict the number of options you can buy for an expiration or an asset. The only limitation is in the exposure limit: if traders have already invested a large amount in the asset you have selected, the amount you invest is limited by this exposure limit. If you are working in an account with real funds, you can view the investment limit for each of the options on the chart. Click on the box where you enter the amount.
What is the minimum price of an option?
We want trading to be available to everyone. The minimum investment amount for today trading conditions can be found on the Company’s trading platform/website.
What are the profit after sale and the expected profit?
As soon as you buy a Put or Call option, three numbers appear on the right top side of the chart:Total investment: how much you have invested into a deal
Expected Profit: possible result of the transaction if the chart point at the expiration line ends up at the same place where it is now.
Profit after Sale: If it is red, it shows you how much of the invested amount you will lose your balance after sale. If it is green, it shows you how much profit you will get after sale.
Expected Profit and Profit after Sale are dynamic, as they change depending on several factors including current market situation, how close the expiration time is and the current price of the asset.
Many traders sell when they aren’t sure that the transaction will give them a profit. The selling system gives you the chance to minimize losses on doubtful options.
Why is Sell button (prescheduled option closing) inactive?
For All-or-Nothing options the Sell button is available from 30 minutes until expiration to 2 minutes until expiration.If you trade Digital Options, Sell button is always available.
