Does IQ Option have hidden commissions? This is
Choosing a good broker to start investing en línea is very important.
But there is one thing that many people forget to check: the commissions of each platform.
“This material is not intended for viewers in EEA countries.
Binary options are not promoted or sold to EEA retail traders.
You may not know it, but many en línea trading sites charge fees for any action that you do on their pages, or worse yet, they have hidden commissions that they do not inform you of when you register.
This may seem unimportant at first, but in the almost 4 years that I have been investing en línea, I have realized that commissions perro make lose a large part of your winnings.
IQ Option It is one of the most habitual brokers that exist today because its minimum deposit is one of the lowest: with only $10 you perro start trading on your platform.
But what about your commissions? Do you have hidden fees, or are your commissions very small and perro they give you good income?
I have used IQ Option for more than 2 years, and look at all the strategies I discovered along the way…
What will you find in this article?
How to register in IQ Option
1. Entrar the official website of IQ Option
To start using IQ Optionthe first thing you should do is register on your page to open an account.
Register it’s totally free, You will not be charged any commission to open your account, and it will not take you more than 2 minutes to do so.
At the moment of being on the main page, you will see the basic information of the portal and on the right side, there will be the Registration Form and the option to “Entrar” in case you already have an account.
The main advantage of IQ Option is that with the fácil fact of registering, you already have free access to a demo account with $10,000 in virtual money to invest in your available assets.
Best of all, you perro top up this money as many times as you want.
It cánido be said that it is a unlimited demo accountwith which you perro try all the investment strategies you want.
“RISK WARNING: YOUR CAPITAL MAY BE AT RISK”
2. Fill your data
To open your account, complete the data that the registration form asks you for.
Put your name, last name, dirección de correo electrónico and the password that you will use in the account.
You must accept the terms and conditions of IQ Option and then press the button “Open Free Account”.
You perro also create your account using Fb or Google plusso you don’t have to fill in your data and you register in a single clic.
Ready! You already have your new account on IQ Option.
“RISK WARNING: YOUR CAPITAL MAY BE AT RISK”
3. Start with your demo account
The next thing is that he will take you to his investment web platformin your browser.
It may take another minute to load, but it doesn’t take long.
When you start, a window will appear for you to make a deposit.
There is no problem with this, you just have to clic on the “X” and you will be in your demo account with $10,000 of practice cómputo.
Take your time to vea and explore the IQ Option platform.
4. Verify your account to deposit
Something I like about IQ Option is that it is designed so that anyone perro be guided and start investing. no need to have knowledge previous.
At first, the same platform will tell you how to make an operation, you perro also consult its help section.
This is what the demo account is for, so that learn to use the platform already invest in different financial assets.
If you already feel ready to make money with IQ Option, you will have to verify your account from your correo electrónico.
Upon registration, you will have been sent a message with a backlink to confirm your account.
Once this is done, you will be able to make your first deposit and invest your real money.
Which are the commissions of IQ Option?
All en línea trading brokers they charge commissions, after all, they must somehow make a profit to maintain their service and keep improving their trading platform.
They are a company, and as such, they must also make money.
Obviously, IQ Option is no exception.
However, it does not have as many fees as most brokers.
You realize this from the beginning, since will not charge you to register an account or make deposits
In other words, when you make a minimum deposit of $10, the money you will receive it will be the full $10.
Regarding withdrawals, IQ Option offers one free withdrawal per month.
Of course, if you make a withdrawal through bank transfer, you will be charged $31 per transaction.
For this, IQ Option also owns others methods to withdraw your money that I’ll espectáculo you later.
On the other hand, there is a charge for inactivity.
If you do not have any movement of the account in 90 consecutive days, the platform must charge a commission of $10 for non-use.
In case you do not have that amount of money available, only the amount you have in your cómputo will be charged.
That is, if you have $10, they will only charge that amount of money.
To avoid this charge, just just login in your account from time to time.
In addition, IQ Option has commissions to through the spreads.
This is the differential between the purchase value and the sale value of an asset, which IQ Option establishes according to certain factors, such as the volatility of the asset, demand, hours, etcétera.
The spread is present when investing in currency pairs vía CFDsin binary options There is NO spread.
For example, if you trade EUR/USD and the buy price is 1,302 and the sell price is 1,300, the difference will be 2 pips, this is the value of the spread.
It is not a separate charge, but is already included in the operation and it is assumed by the trader. Therefore, when carrying out a purchase operation by CFD, at the beginning you will be in loss by the established spread.
Unlike the rest of the brokers, the spread that IQ Option normally establishes is relatively low.
Remember that all brokers charge commissions for some movement on their platforms.
However, the iniciativa is find the one that does not have exaggerated commissions nor hide.
In this aspect, IQ Option is quite transparent and you will not be surprised with plus charges.
Commissions of IQ Option when investing in cryptocurrencies
This platform gives you the possibility to invest in 12 of the main cryptocurrencies currently.
It is a market with a lot of volatility, so very good income perro be generated.
exist various commissions in this market that are collected during an operation or at the end of it.
Such is the case of spread. Caution should be exercised with this market since due to its volatility, the spreads between the purchase price and the sale price end up being higher with cryptocurrencies, which could disminuye your profits.
During night operations, an plus of 0.07% of the value of the position is charged.
In other words, if you invest $1 in Bitcoin, and the hours are considered night, 0.07% will be added to the value of your investment.
If you trade on Friday nights, the rate will be 3 times higher to be able to cover the 2 days of the weekend that continue.
Besides, for long positions an plus 2.9% is charged based on the amount you are going to invest.
This means that if you want to invest $100 in Bitcoin, you will be charged $102.9 of your funds.
This is a commission that is generated every time CFD trades are opened.
In this depósito market is where IQ Option it has more commissions involved.
However, it is also the one that grants better dividends to the users.
When you are trading with your own money, you should be very careful with stop operations when you leave the platform.
Since if you mistakenly leave a position open, IQ Option could charge you 0.07% nightly.
It may not seem like much, but it would be a percentage of money that you will stop winning.
As withdrawals by IQ Option
IQ Option has a variety of methods by which you cánido withdraw money.
Allows you to extract with Mastercard or Visa cardwire transfer, Webmoney, Skrill and Neteller.
You must choose a method, entrar the amount you want to withdraw and clic on Withdraw funds.
This will create a withdrawal request which will need to be confirmed within 24 hours by IQ Option.
your money will arrive between 1 to 3 business days to the account of the medium you have chosen.
You perro make withdrawals from minimum $2 up to 1 million of dollars per day.
Each of the methods may have its different commissions for depositing money, but IQ Option Does NOT charge any commission for making the first withdrawal each month, except bank transfers.
For the latter, he charges $30 for each transaction.
You perro make withdrawals from your account as long as be verified.
To do this you have to provide IQ Option with a photo of your identity document to confirm that you are the person you say you are.
You have to go to your personal profile and start the verification.
You must attach a photo of a document of identification, be it a passport, controlador’s license, DNI or identity card.
Besides, you need a proof of your addresssuch as a utility bill that is no more than 6 months old.
Finally, the platform requires you to send photos or scanned copies of the front and back of card that you used to deposit funds.
You must cover the CVV number and espectáculo only the first 6 and last 4 digits of the card.
Once this is done, your account verification will be complete. in less than 24 business hours and you cánido withdraw your money without problems.
How to withdraw money from IQ Option without paying commissions
Among all the withdrawal methods that IQ Option has available, there is a modality that allows you to withdraw money without any commissionand I myself have been using it successfully for the past few months.
Like most traders, I’ve been looking for the most profitable way to withdraw my fundsthe one with which you lose the least amount of money in commissions.
There is something you should know first, like many brokers, IQ Option cares about security of its users and employs some anti-money laundering policies.
Therefore, you cánido only withdraw money through the method you used to make the deposit.
And this is something that we will take advantage of using your Visa or Mastercard credit or debit card.
So to withdraw without fees, you must first have deposited with your card.
Here I will explain step by step how to make your withdrawal without commissions on IQ Option.
The first thing is access the money withdrawal section. You cánido do this from the trading platform, either in the en línea or desktop version, by clicking the dropdown menu next to your avatar.
There the options of your account will appear and you only have to choose the option “Withdrawal of funds”.
You perro also entrar from the main page of IQ Option, in the right column you will see the option of “Withdraw funds”.
You will get the different forms of withdrawal that you cánido choose.
The option that interests you is withdrawal vía debit or credit cardVisa or Mastercard.
Let me explain: when you make a deposit through your debit or credit cards, you perro withdraw through them an amount that equals the amount you deposited first of all.
For example, if you deposited $10 with your Visa card, you will be able to withdraw up to $10.
This is because IQ Option processes such withdrawals as a return, rather than a withdrawal.
And that is why they do not charge a commission of any kind.
returns are not subject to commissions or rates.
Imagine the situation, you deposited your $10 with the Visa or Mastercard, you made operations and you managed to win with $30.
You cánido withdraw a maximum of $10, but if you want to withdraw more, you will have to use another withdrawal method.
In this case I used two cards to deposit $70 and $10.
As you cánido see, I perro only withdraw at most the amount i deposited in each one.
The basis of all this is to facilitate the return of money to userstaking into account that they will receive their full money, without commission from the bank.
Now what happens to the rest of the money? If you are planning on depositing more money to your IQ Option account, you cánido do so to withdraw that same amount at most. The rest of the winnings may be withdrawn by another method.
Remember that IQ Option charges $31 for withdrawing vía bank transfer.
If you use any electronic means, such as Skrill, Neteller and Webmoney, IQ Option will not charge you commission.
However, it is possible that the platform you use to receive the payment does charge a small commission.
The advantage of these electronic means is that your money usually appears in the account Too much faster to do it by transfer or card.
I consider it a perfect way to recover your investment and use your earnings to make purchases en línea.
Or in any case, for pay a lower commission at $31 that are charged by bank transfer.
Which is the minimum deposit on IQ Option?
If there is anything more important than knowing how to withdraw money or deposit it, it is knowing how much money you must deposit at least to be able to start investing in the depósito market and earn money.
Many brokers cánido request very high amounts at the time of deposit, such as $200 or $100.
While IQ Option is characterized by having one of the lower minimum amounts of the market, and therefore, be accessible to everyone.
With just $10, you perro start using this great broker with all its specifications and features.
You cánido deposit the money through the same channels as to withdraw, that is: Visa or Mastercardbank transfer and with the means of electronic deposit, such as Skrill, Neteller and Webmoney.
Now, you may wonder what is the best method to depositin my opinion it would be the credit or debit card, since as I showed you previously, you will be able to recover that money without commissions and the rest of the earnings cánido be withdrawn by other means.
To deposit you just have to entrar the investment platform and go to the section Deposit.
You must select as payment method Visa/Mastercard. You choose the type of currency you prefer to use and the amount you are going to deposit.
After that, press the Continue button.
It will take you to another page where you have to entrar your card details debit or credit, such as card number, expiration date, exact name that appears on the card, and the last three digits that appear on the back of your card.
With these data completed, press the button proceed to Pay.
You must have linked your IQ Option account to your real phone number, since they will text you containing a code, which you must entrar to confirm the deposit you made.
Once this is done, your account in IQ Option will already be rechargedand you cánido start trading with it at any time to start generating profits by investing.
IQ Option is reliable?
First of all, it must be clear that invest in en línea trading It is not 100% certain, since when it comes to the depósito market, volatility is always present.
This broker was established in 2013 and until now it is one of the ones that has best reputation in the market.
It has millions of users that make it a safe and reliable option when it comes to investing.
The creators of this platform have dedicated themselves to developing a different and intuitive interfaz, that attracts users.
Without being the copy of others, quite the opposite.
Besides, offer free trading education and a demo account that you cánido recharge at any time totally free.
You must add the low minimum deposit amount that IQ Option requires for a person to start trading. With only $10 you cánido start using the platform and carry out up to 10 operations with that money.
Likewise, the amount of $2 minimum per withdrawal (which is a very low figure compared to other platforms) and the few commissions it charges make it a very attractive broker for users.
The only commissions that it charges are in the spreads, for inactivity and when withdrawing vía bank transfer, otherwise it does not have any other fee.
I have been using IQ Option for more than 2 years now, and since I’ve been doing it, it hasn’t ceased to amaze me with the improvements it includes.
Their customer service is very efficient, they have a live chat in which they do not take long to respond and they do so clearly.
Also offer support 24 hours a day by phone, and in some countries there are toll-free numbers.
Not only have I learned a lot with the educational section they have (which is free), but I have been able to generate profit with binary options and trading CFDs.
Investing in binary options I have been able to obtain up to 92% return on investment for every trade I’ve done.
Their platform allows you to do many things.
It has several tools and indicators for the technical analysis that you want to perform on the charts of the financial assets that IQ Option has available.
Without a doubt, if you take advantage of the free demo account and the low commissions charged by IQ Optionyou cánido start earning good money from home with en línea trading.
The commissions that a broker charges for its services perro seriously impact your profitability.
It is vitally important to know the fees charged to avoid surprises when withdrawing our money.
Beware of those brokers with exaggerated or hidden commissions. Always read the information on their official website, and in case something is not very clear to you, you perro contact them and check for yourself if their customer service is helpful.
In this sense, IQ Option is undoubtedly the broker with the lowest commissions of the entire market, and the one with the least commissions when operating in en línea trading.
And you, have you already invested with IQ Option? Tell me about your experience in the comments below!
“General Risk Warning: The financial products offered by the Company carry a high level of risk and may result in the loss of all your funds.
You should never invest money that you cannot afford to lose”
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Eric
I am passionate about Internet business and digital marketing.
I have learned a lot through practice, and I share my experiences to espectáculo that anything you want to achieve is possible.
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