Funding IQ Option Account

The newbie traders can get a demo account after registering with this broker. Demo Account protects new traders from wasting money while learning. It is safe to learn and practice in the Demo Account with virtual money till you become confident to trade with real money. After learning all the aspects of trading and practicing money management, and risk management, you may start trading with real money to earn real profit. All you have to do is deposit money into your account using the available funding methods. The following funding methods are available in the UAE.

• • Debit cards
  • credit cards.
  • E-wallets;
  • Bank Transfers.

Funding the IQ Option account using a Credit or Debit card is the most popular method. The following payment systems can be used for deposits or withdrawals: Visa Card, MasterCard Card (including Maestro), and e-wallets. Fund withdrawal to Crypto wallets is also possible.

The following information is required to deposit funds: card number, expiration date, cardholder name, and card activation code (CVC). Keep in mind that using someone else’s card to make a deposit is strictly prohibited. The cardholder’s personal information is compared with the data in your account by the system.

The popularity of e-wallets as a way to deposit funds into platform accounts is gaining momentum because most countries have short terms and availability for easy operation. Speaking of the UAE, Advcash, PerfectMoney, WebMoney e-wallets are used for depositing funds. Wire transfers are less popular among market participants due to additional fees, but this method can be applied when the first transfers are unavailable for some reason.

Withdraw money by debit or credit card

Using a card to withdraw money is a somewhat convenient method, but it has some limitations. No trader is allowed to remove more than the amount deposited once. For example, if a user deposited 900 USD on their card, the maximum withdrawal amount would be 900 USD. Other funds will have to be withdrawn completely using alternative methods.

Merchants can use cards issued in any country (except those with which our company does not work). The only requirement is to use your card and not the other.

There is no charge for transferring funds from your account to your bank card, and funds are expected to be received immediately, but processing time depends on the type of bank.

Moreover, some clients do not understand how to use the bank payment system to withdraw from IQ Option. In this case, customer support should be applied using appropriate methods.

Withdrawal of investments to e-wallets

Electronic withdrawals from the IQ Option platform are becoming increasingly preferred in the UAE as there is no limit on additional withdrawals.

After depositing funds through Neteller or Skrill, traders can withdraw as much as they like if they have enough funds in their account. But when a bank card is used to make a deposit, traders are forced to raise funds on the card above all else. This is because bank payment systems are considered a priority by the system.

For example, a trader deposits 700 USD from a debit card and then withdraw 1100 USD. Initially, USD 800 will be removed from that debit card, and the remaining $ 400 can be transferred to the e-wallet.

No fee is charged for 1 to 3 working days during processing.

Withdrawing money through bank transfers

For some reason, when the above methods are not accessible, a bank transfer is applied. This method includes additional fees, and the processing time can be extended up to 9 banking days as per the rules and type of bank.

The withdrawal from the IQ Options platform includes transactions with banks in the UAE. Contact Customer Support Services to find out which organizations are most recommended for your asset transfer.

FUND WITHDRAWAL STEPS  

For fund withdrawal, the following procedures should be submitted:

• • You need to log in to the official website of the platform.
  • After entering the client area, find “Withdraw funds” and click on this option.
  • A swipe menu will open where all available ways are presented.
  • Select the bank card or e-wallet and press the “Withdraw funds” button.
  • Additional information needs to be added to complete the withdrawal process (same procedure for depositing assets) at the end of all.

Once your transaction is confirmed, it will appear in the “Withdrawal Request” so that the trader can know the status of his action. Processed orders receive a group of “sent,” which means your money has been delivered.

In the same menu, a review of withdrawals from the IQ Option platform is presented. In this way, traders can find answers to all their questions and gain a deeper understanding of the terms and conditions of their fund transfer.