Aug 20 2020 11:51
Hi Freedy Smith,
No, IQ Options is a different thing. IQ Option is more like a Binary option. A Binary is gambling, you just pick a simple choice between yes/no option. The pricing of the binary is between zero and 100 throughout the lifetime of the option. Because trading in binary options offers fixed risks and fixed rewards, the user can know the information on how much money will get and lose.
Forex markets offer higher variability and more risk for traders. In forex markets, sometimes known as FX markets or currency markets, traders must decide not only in which direction as an asset will go, but must also predict how high or low that asset goes. Thus, the ultimate risk and profit are unknown.
Sep 14 2020 10:48
Is the profit from IQ Option can be withdrawn?
Sep 14 2020 12:00
@Anthony Tyson,
Yes of course. Your withdrawal method will depend on the deposit method. If you make a deposit from the card, you will be able to withdraw the initial deposit amount back to the card, as it is processed as a refund. Everything that exceeds that amount (profit) should be withdrawn to an e-wallet (Skrill, Neteller, Webmoney) or via bank transfer (with a 53 dollars fee).
In case you use an e-wallet to deposit, you will need to withdraw to the same e-wallet account only. In order to withdraw funds, you should make a withdrawal request from the withdrawal page.
Withdrawals requests are processed within 3 working days.
If you withdraw to the bank card, it will take another 1-9 working days to the bank will process this transaction.
