IQ Option India – how to deposit and withdraw?

IQ Option is one of the best brokers known all over the world. On the broker's platform, you can trade binary options, Forex, cryptocurrencies, stocks and other popular assets.

Each trader can train on a demo account for free and replenish it an unlimited number of times. When you decide to trade with real money and make a profit from transactions, you need to fund your account with a card or other reliable method in the amount of only $10.

IQ Option provides a wide range of deposit and withdrawal methods, which may vary by country. But one thing is constant - speed, safety and simplicity. Here you can see the full list of available withdrawal methods in your country. Our guide will cover these methods in more detail.

How to deposit funds in IQ Option?

IQ Option - How to deposit money in India
IQ Option - How to deposit money in India

IQ Option deposit method in India is easy to understand. After logging into your IQ Option account, you need to click on your profile icon in the upper right corner of the screen. In the menu that opens, select "Deposit". The available deposit methods will appear in front of you. After choosing the appropriate payment method, a menu will appear with a list of suggested amounts, from which you can choose, or enter the deposit amount yourself.

The minimal deposit to start trading is only 10 US dollars (only 2 or 3 large brokers can offer such conditions) and cash withdrawal is carried out in India without any restrictions. The broker offers different ways for deposit and withdrawal, including bank cards, electronic payment options, and wire transfer. Traders can use debit cards such as Maestro and Visa Electron, or credit cards such as Visa and MasterCard. The following deposit methods also work in India:

Let's talk in more detail about some of the listed payment methods that can be used to deposit currency in IQ Option in India. 

Please do not risk money you can't afford to lose
Please do not risk money you can't afford to lose

Note: regardless of your financial situation, we recommend you not to risk, start trading with small amounts. In case of defeat, all funds from your account will be lost. However, many people make massive progress in this area.

Top up with a bank card

The fastest and most convenient way to fund your IQ Option account in India is with your debit or credit card. This payment method has a number of advantages. Most people have a bank card and use it every day. There are no hidden fees or charges when using the card. This means that you can deposit with IQ Option as many times as you like.

To use this deposit method in India, follow these steps:

  1. Choose among the methods of replenishing the card. It must be a Visa, Mastercard or Maestro card.
  2. In the window that appears, fill in the required card details: first and last name of the cardholder, card number (16 digits), expiration date and CVV or CVC code.
  3. Specify the replenishment amount and currency. Please note that the currency can only be specified once during the first deposit. The minimum deposit amount is $10 or the equivalent of $10 in local currency.
  4. Check the entered data and if everything is correct, click "Continue".
  5. When choosing a card as a deposit method, the funds are instantly credited to your IQ Option account.
The most popular payment method is a bank card
The most popular payment method is a bank card

Funding via electronic payment systems

Many traders prefer to use e-wallets due to the fast deposit and withdrawal speeds. At the same time, IQ Option does not charge a commission for making a deposit. You can choose from several e-wallets: GlobePay, Skrill, Advcash, Perfect money, Neteller, Webmoney. These are very popular and proven wallets, besides, funds are received instantly. To use the electronic payment system:

  • Select an e-wallet from the list.
  • Specify the amount of replenishment, currency and mark and click "Continue".
  • You will be redirected to the e-wallet website to complete the transaction.
Use e-wallets to quickly replenish your account
Use e-wallets to quickly replenish your account

Since the primary goal of each trader is to make money using an online trading platform, let's take a closer look at how to withdraw funds from IQ Option in India.

How to Withdraw Money from IQ Option?

If this pleasant moment has come and you are looking for IQ Option withdrawal India method, it means that you have calculated everything correctly and now you can enjoy your success. Congratulations! As we have already said, the method of withdrawing funds depends on the deposit method. Thus, before you start trading, it is better to decide which method of deposit and withdrawal is the most convenient in your case.

Log In into your IQ Option account
Log In into your IQ Option account

IQ Option withdrawal methods

To withdraw funds, log in to the trading application under your login, and select the “Withdraw Funds” menu in your personal account. You can also create a withdrawal request on the main page of IQ Option, as shown in the picture.

Choose a method convenient for you
Choose a method convenient for you

How to withdraw funds to a bank card?

As with a deposit, the most popular way to withdraw funds from IQ Option in India is by using a bank card. Visa, MasterCard and Maestro cards are accepted for payment. There are two features:

  • First, the trader must use the same card that he/she previously used to make a deposit.
  • Secondly, due to technical issues, the amount of money you want to transfer to your card cannot exceed the total deposit made in the last 90 days. To withdraw the remaining funds, use any other payment method of your choice.
Withdraw funds to your bank card quickly
Withdraw funds to your bank card quickly

To withdraw funds to the card, you need to:

  1. After you have clicked on the “Withdraw Funds” menu, select a card on the left.
  2. Fill out an application. The form is quite simple and you can do it quickly. It is necessary to indicate the name and surname of the owner and the card number.
  3. If everything is correct, click next. Your request will appear in the Withdrawal requests menu.

How to withdraw funds to the e-wallet?

The broker works with several international suppliers. Each e-wallet has its own withdrawal rules, so you need to compare the conditions and choose the one you like. Follow these steps to start the withdrawal procedure:

  1. Select the payment system you need from the list.
  2. Fill in the required data. Usually this is an email address or wallet number and follow the further step-by-step instructions.
  3. If everything is correct, click next. Your request will appear in the Withdrawal requests menu.

The status of the request can be tracked in the "Transactions History." section. If the status has changed to "Completed", it means that your application has been approved and the funds have been sent, you just need to wait for them to be transferred. In case of incorrect data filling, you will see the status "Error". Then cancel the application and fill out a new one.

Verification

To avoid fraud, you will need to verify your identity. You will be asked to provide the following details: a photo ID (passport or driving license); a photo of both sides of your bank card in case if this method was used to make a deposit (but do not forget to cover the CVV number and leave the first 6 and the last 4 digits of the card visible); if your deposit was made by using an electronic wallet, you will need to provide your ID. This verification will take three business days.

Support service for Indian traders works 24/7. Also on the site, there is a chat where you can communicate with like-minded people in a friendly atmosphere, as well as ask for advice from more experienced traders.

Support service for Indian traders works 24/7. Also on the site, there is a chat where you can communicate with like-minded people in a friendly atmosphere, as well as ask for advice from more experienced traders.

FAQ

What is the minimum deposit in IQ Option?

The minimum deposit to start real trading is $10. You can also make a deposit in local currency, then the amount will be equivalent to $10.

Withdrawal requests are processed by the Company's finance department on a first-come, first-served basis. Processing time is 1-3 business days.

The minimum amount is 2$. The maximum amount depends on the chosen payment method.

Most payment methods require verification. This is necessary in order to increase the security of the account and counteract fraud.

You can change the currency of your account once during your first deposit. If you still need to change the currency, we advise you to contact support.

You can find the cards linked to your account and unlink your bank card on the deposit page. Select the method of replenishment "card" and under the button "go to payment" there is a link "unlink card". Please note that you can unlink the card only through the web version of the platform.

SIMPLE AND RELIABLE
MONEY WITHDRAWAL
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GENERAL RISK WARNING
The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose