IQ Option Doesn’t Pay Traders. Is That True?

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IQ Option Doesn't Pay Traders. Is That True?
IQ Option Doesn't Pay Traders. Is That True?

Tiếng Việt Português فارسی

Withdrawal requests being processed is the most hard-to-accept answer by major brokers like IQ Option as your withdrawals have been placed since last week. Unacceptable! Depositing is as quick as lightning but withdrawing is as slow as a snail. All of this has been a buzz in the options trading community. What is the truth behind? Is it true that IQ Option does not pay profitable traders? This article can partly help you to answer those questions.

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Does IQ Option really fail to pay profitable investors?

First, you need to understand the deposit and withdrawal rules of IQ Option. This is to avoid breaching the regulation leading to the cancellation of withdrawals.

– A minimum of $10 and a maximum of $1,000,000 are required for each withdrawal.

– Before withdrawing money, you need to verify your identity in IQ Option.

– When your withdrawal order status shows “Complete”, it means that money has been paid as required. The next process will depend on your bank or e-wallet. Please wait up to 9 days to receive the money. If after that time, the money has not been credited to your account, you can contact the support of the e-wallet or the bank you used to request payment.

– In IQ Option, withdrawing should use the same method used for depositing. This is IQ Option’s anti-money laundering policy.

After placing your order, the request will be processed within 3 days for regular accounts and 1 day for VIP accounts. Payment time depends on the bank or e-wallet system (within 1 day for e-wallets and 7-9 days for banks).

This is the sharing proof of a friend who withdraws profits on a regular basis.

Withdraw money from IQ Option
Withdraw money from IQ Option

If the procedure is correct but the money is still not credited, what should we do?

Due to some IQ Option and 3rd party procedures that you require, the time will take longer. It can take up to 14 days, which is the slowest time for the money to come to your account.

This is an example of a guy who withdrew some money but has not received it yet. He posted it on the forum for advice.

Questions about IQ Option long payment processing time
Questions about IQ Option long payment processing time

He said that IQ Option failed to pay him. Therefore, his comments were argued by other members.

Other members argued
Other members argued

This was accompanied by other members’ feelings about IQ Option

Evaluate the reputation of IQ Option
Evaluate the reputation of IQ Option

Finally, the money came to that trader after 11 days.

Finally, the money was in the account after 11 days
Finally, the money was in the account after 11 days

This is also considered a typical trick of buying time on most platforms. Its main purpose is to make you impatient to cancel your withdrawals. After that, you continue to trade. If you win, the platform will do the same trick to keep the money. If you lose, there will be no money to withdraw. So what is needed is the principle. Once a withdrawal request has been placed, never cancel it.

Moreover, this is a reputable financial website that ranks IQ Option in the top 21. Currently, I have never had a problem with the withdrawal of the IQ Option platform.

The ranking of reputable financial websites
The ranking of reputable financial websites

IQ Option does not pay because of committing financial fraud

If you join the IQ Option community long enough, you will see some members buying accounts with a negative balance. Why do they buy accounts with a negative balance? If they did so, there would certainly be some benefits. I know what they do after buying accounts with a negative balance for personal gain. That violates the IQ Option’s regulations. If detected, they will be investigated. During that time, the withdrawal is almost not processed.

This is a typical example of being blacklisted.

Financial fraud violation account
Financial fraud violation account

These are the withdrawal orders of the above account. IQ Option does not allow withdrawal of profits. Only the initial deposit amount can be withdrawn.

Withdraw capital only, not profits
Withdraw capital only, not profits

Personally, I do not support this. If you do not trade, do not participate. Because sooner or later, fraudulent acts will be detected and handled. Do not, because of that, say it badly that IQ Option does not pay traders.

If anyone really wants to know what they do with negative-balance accounts, just inbox me, I will reveal.

If you trade options and say that the IQ Option platform is not reputable, I challenge you to find a better broker.

This is proof of joining a scam platform

GGtrade is a Taiwan options trading platform with a branch in Vietnam. It supports Vietnamese people in the most professional and fastest way (to kill yourself). However, when you make a profit, there will be 1001 reasons for them not to pay you.

Below is an unpaid example on the grounds that the provider is faulty. It is unreasonable. It would be more reasonable if they say that because you win, so will not pay you. What if the 3rd party causes us to lose due to technical errors? There are plenty of such kinds of wisdom for sale in my hometown.

This is a GGtrade account with a balance of $1138.55 shared by a reader. The platform refused to pay this account holder.

A GGtrade account with money locked up
A GGtrade account with money locked up

A support staff explained in a very confusing manner.

Confusing explanation from GGtrade
Confusing explanation from GGtrade

These are consecutive vague answers that the account is being investigated for fraud.

Vague replies from GGtrade
Vague replies from GGtrade

In the end, the account holder still cannot receive the $1138. Here is the quote from the reply email “You have executed a total of 174 trading orders, including 164 30-second orders. For the 30-second transactions, we are checking the system for the past time. The prices of 30-second transactions would be false from the provider side. Therefore, we need to verify each of your transactions to see if they are correct or not. This takes 2-3 months. If there is a mistake in the transaction, your account will not be processed. It will permanently be frozen and all the profits will be recalled.”.

It is ridiculous. If you win, you will get reported for violation. So, you can only lose here. Oh my God!

Proof that GGtrade platform does not pay traders
Proof that GGtrade platform does not pay traders

This is proof for countless scam options trading platforms that have appeared in recent times. Before putting money into a trading platform, the first thing to do is look at the reviews from the online community. For GGtrade, almost every review is a scamming report.

To conclude

If you have problems with the deposit and withdrawal process on IQ Option, you should also stay calm and see why your withdrawal is not approved. Contact the support team immediately for the fastest support.

Finally, don’t listen to other IBs’ unfounded words that IQ Option doesn’t pay traders. They do this to easily lure you into scam platforms. Be alert before investment opportunities.

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