How to avoid IQ Option withdrawal problems at the beginning itself?

Let it be IQ Option, Olymp Trade, Binomo, or Pocket Option, don't just blindly open an account with your credit or debit card. Later you will have issues in withdrawing the profits.

The below information no platform tells at the time you register, later you suffer for withdrawing the hard-earned profit from the platforms.


Follow these 6 steps.

  1. First, create a proper email address in Gmail or another domain with your name in the ID. You can add additional characters to make it unique but make sure the email id includes your name as in your, Government id, Bank account, and other verifications ids.
  2. Then open the platform's account with the same email address. You can use this to open an IQ Option account. Check the list of e-wallets accepted for deposits and withdrawals in the deposit and withdrawal menus.
  3. Then open an e-wallet account like WMZ, AdvCash, Perfect money, or any wallet that is accepted on the broker's platform for deposit and withdrawals. (With the same email id that you created above step. I personally recommend you to open an Advance Cash USD e-wallet for IQ Option because that works both ways (Deposit /Withdrawal) in my region which is the United Arab Emirates.
  4. Deposit only the minimum amount required by the platform via only e-wallet. IQ Option requires only 10 USD.
  5. Do not use your bank card to deposit, because there is a catch. You cant withdraw your profits to your bank account but only the amount equivalent to the deposits you made. 
  6. Once you deposit from your account, take trades, and once you get around 50% profit, like 15 USD (if you deposited 10USD). Try to withdraw all amounts at once to the e-wallet. IQ Option will ask you for some IDs like a Driving License, e-wallet card front, etc... copies to verify it is you who is withdrawing.

Once verification completes, you can then withdraw all the amount (Example 15 USD) and check if all is fine with you.


If all is fine, then start investing bigger amounts in your account.


If you have already opened an account and deposited using a bank card, Unlink the cards from a platform and don't use that account in the future.


Create a new email, new trading account and use an e-wallet to deposit. Use this for opening an IQ Option account if you are opening a new account in IQ Option.



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Related article: Is there a free online course on Price action for Binary options in IQ option or any other platform?

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