IQ Option Review

when you deposited and have a luck get your account in profit and trying withdrawal and you find out the withdrawal page is giving you error like "unfortunately,the following payment methods are unavailable in your country"which means you couldn't withrawal any of your capitals even your own deposited.
This is absolutely nonsense and cheating behavior,do not invest on this broker...when you get profit u will not get anything..even your own deposit.
They have forbidden my account to submit any withdrawal request.Which is totally a scam behavior there!
Avoid iq option.DO NOT TRUST THEM.

so i have been trading on IQ OPTION FOR about 1 year
i started making money and then they restricted my account and when i asked the support why this happened to me they said they have the right to do whatever they .
They limited my profit 30% binary option all the time same profit .
STAY AWAY FROM THIS SCAMMERS .RUSSIAN MAFIA

I hereby accuse IQ option of closing my trade “BTCUSD” at a supposed close time of which was incorrect. BTCUSD is a 24/7 asset on IQ option. My trade has been closed around the time of 23:00 10/03/21. I want to sue these guys. This is not my first time trading on IQ, especially BTC. The worst thing is my demo BTC is still on.

My first deposit was in January i traded for a month, i made a withdraw request for my initial balance everything was fine, but when i made my second withdrawal at the 5th of February, i was expecting to receive it in 3-4 days, but after a month nothing received, I emailed them they have one answer "your account under review", i don't know what to do next!

I loaded $30 in my account. The strategy i was trading needed me to trade during certain hours. I started by trading during london which i was able to win 6 out of 10 trades. It didnt suit me because i dont trade strategy if it doesnt let me compound x4 . I chnged the session then traded in asian. The payouts were around 81 to 82% 1st day. I managed to take my 4 winning trades compounding. The 2nd day i did the same. The 3rd day i found that they dropped the payouts to 20% . When i asked other traders on their platform chat they showed me in screen shot that they are 80% percent on the same asset i was trading. I emmidiately withdrawn my money. This is what happed today. I will never ever trade with them. I hate them. They use their high payouts to lure us. When you start to be profitable they drop it. Why. I might just go to forex and never ever trade binary in my life.because even other well known brokers have their way of scamming people. Even binary.com ( Deriv) used to block my trades. One day they block 4 on the row. They were my winning trades.learn forex and just leave binary. You can never be a millionair from it. You gonna waste your time.

IQ is Not regulated by any regulatory body that is the reason the company is scamming everyone. I need help to get my withdraw from this scum company. Below is the reply I got from IQsupport team when I asked for the regulatory body for me to make official complaints

Answer to your question:
Hello! Thank you for contacting us!
We follow the guidelines of St. Vincent and Grenadines and we do not have a certain regulatory body.
Kind Regards
IQ Support Team
Please rate your support experience. Did we manage to answer your questions?

Jan 29, 2021 - 2 Stars MY withdrawal is a problem for IQ to release
MY withdrawal is a problem for IQ to pay.
IQ is declining my withdraw without violating any terms and conditions and no reason given.They took away my VIP privilege, they took away my trading PRIVILEGE. Just because I made series of withdraw within 3day days. Some tiny withdraw no issue but above 1k withdraw is a problem.
I am planning to use court. I have evidence that I followed all their advice before I opened the account.
They thought I used VPN according to a customer service but I have sent them evidence that my location where i opened the account has not changed. The account is less than 2 months old. And IQ terms and conditions allow up to 6 months trading outside your country. My country is Nigeria and I am currently in uk. I gave the the best solution that I can do video of myself in UK where I opened the account with my IP reflect the same and I am physically present in UK. I also have copy of my communication with the support team who advised me to closed down my previous account then open the new account. My fund is around 6k in the account. NO review of account when drposit and lost but review when you made money just to scam. Account not blocked but trading activities suspended.i a not worried about review if anything wrong but payment suppose to be effect immediately trader provide evidence of non violations.
I have all evidences of my communication with IQ support confirming I did not violate any terms and conditions. IQ is found of willful withhold traders fund. In short, IQ hate winners and work against traders. Although they are half legitimate and and half scammer.
I am not working for any company to bring down IQ. This is my present situation with IQ. I will come back for another review about them if anything change.
I informed IQ that I am un UK before opened the account and the support told me it was fine since I will spend less than 6 months in UK.
No problem for lossing but problem for winning.
REMEMBER: HALF LEGITIMATE HALF SCAMMER (during withdrawal)

While working on this platform, and just when I made some money they took away my positions by manipulating the prices , I could clearly See that my standing positions are lost , I just get screen messages of position closed , also earlier many times I have seen the same happening , it seems to be a complete scam on a huge number , before I wasn’t aware how a trading platform can eat away the positions , but now I see they change figures too , you should be aware before opening account there , if you have another platform Better try . I have lost more than thousands of dollars ,I tried to claim withdraw but it won’t allow . It isn’t the right place at all to work on any kind of trading .

I am trading with iqoption and I generated profit of USD19183$. When I put request to withdraw money on 18th September 2020, Iqoption put it in hold and just replying it is in process by internal department and so on. and Today 02nd November 2020, they are telling me that they are terminating my contract. They are denying my funds I do not know because of lame excuse of trading from different IP or so.
I already filed complaint CYSEC. I already complaint at complaints@iqoption.com, support@iqoption.com, compliance@iqotion.com, payments@iqoption.com. I gave my all information whenever they asked.
I request to all readers that if you are facing such a problems, let us unite and fight back with firms who are only interested in our losses and earning money from us, and when someone work hard and earned money they are just terminating the account and denying the profits.
I am going to take the movement a bit further and I will fight and help people like me.
I am currently doing my MBA finance so I even decided to publish one research paper against such a firms and I will take this movement to all other websites (e.g. forex peace army, forex factory, iqoption review, LinkedIn, Facebook, Twitter, Instagram) wherever I can.
I am coming from land of "Mahatama Gandhiji" and "Sardar Patel". I will not stop until I disclosed all such a scambrokers. So, in future a genuine trader like me do not was money and time with them.

Regards to all traders and investors,

Dr. Snehal Patel
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I opened the iq option platform and olymp trade together and then found that the price in the minute chart on the iq option platform in some minutes the price was moving in an imaginary direction and then it was adjusted before the end of the minute they tampered with some parts of the minute and then they returned the price as it is in the last moments One minute to make you lose if I use a one-minute deal and I have the video that clearly shows all the differences and manipulations.

It is now come to the new type of cheating of iqotion for Vietnamese Internet banking deposit. The money already deducted from my bank account and credited to their local bank account, but it has not been credited to my balance; as I asked the support, there is just a simple answer: keep patience for 1-3 business day to investigate.

So Vietnamese and Thai traders: Be aware with your local bank deposit with them because on one "lovely" day when you deposit with larger amount, your money will be disappeared for some working days, when you get it back, you are angry enough and trade aggressively to lose money more easier.
So I will send some proofs to Cysec to ask them to fine that broker some money more to donate for the sociality.