✔️ Information reviewed and updated in May 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in IQ Option. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about IQ Option and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteeu.iqoption.com – iqoption.es
🏠 Company*Europe Ltd and IQOPTION LTD
RegulatoryCySEC – Not regulated
📧 Email[email protected] | [email protected] | [email protected]
📈 Leadingown platform
📌 AddressCyprus and Saint Vincent and the Grenadines.

⚠️ IQ Option is owned by Europe Ltd and IQOPTION LTD, the company is located in Cyprus and Saint Vincent and the Grenadines, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we will analyze the account types offered by IQ Option, in this case, we note that it does not offer account types.

Information on the web

IQ Option website

IQ Option provides the following aids or resources to traders or interested parties: some live charts, explanation of products that IQ Option offers, news about financial events of interest, economic calendar, really not much more than this.

List of phone numbers

+54 115 173 7455 (Argentina) | +56 442 045 012 (Chile) | 01800 519 0167 (Colombia) | (+357) 825808 25 (Cyprus) | +34 90 086 16 12 (Spain – Free) |+34 91 123 87 48 (Spain – Madrid Rate) | +44 20 8068 0760 (London Rate) | +44 80 0069 8644 (England)

🚫 IQ Option Final Rating 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH IQ Option.

As we mentioned before, it is a financial company located in a place where you will not have the protection of the law in case you are harmed. (St. Vincent and the Grenadines), that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Video review of IQ Option

Updates

News about IQ Option:

Date Update – news
March 2023We receive a large number of messages from IQ Option clients who claim that they cannot withdraw their capital.

User Reviews

[democracy id = ”6915 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with IQ Option.

At the end of the review you will find customer comments.


How to Claim Money Scammed by IQ Option

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report IQ Option

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report IQ Option?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is IQ Option a scam – is it a scam?

We believe that IQ Option is an unsafe company: it is based in Saint Vincent and the Grenadines, it is not regulated, we have received a lot of complaints. In short, it seems to us a very unsafe option.

Is IQ Option reliable?

No. IQ Option is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) has no regulation. These characteristics make the company very unreliable.

How to recover money from IQ Option?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to IQ Option?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

22 comments on «Is IQ Option a scam? Opinions of 2023»

  1. vladimir Reply

    iq option broker withdrawal problem

    They do not allow me to withdraw my earnings since the entire account and electronic wallets are in my name and they do not want to pay me

    • Recommended-brokers.com Reply

      Hello Vladimir, it is a broker that scams all its clients. Thank you for your comment about IQ Option. We believe that IQ OPTION broker is very unsafe. We suggest working with safer companies, with better regulation, based in serious countries. There are much safer options.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money talk to our CHAT or click on this link: CLAIM YOUR MONEY

      Greetings.

  2. Adrian Mendoza Reply

    All the money you invest here you can consider lost, they are not going to return it to you by their own decision, I can recover it with mychargeback, thanks for the help of this website to which I am and will be eternally grateful, I was able to recover all my money!!!

    • Recommended-brokers.com Reply

      Hello Adrian, FANTASTIC!!!, how happy you give us, one more who has achieved it, from now on if you decide to invest, investigate the brokers before passing the card, on our website you will find them all, read the review and the comments you find.

      If you have been affected by the same scam, you already know the path to recovery, check the form or contact the CHAT, click here:
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      If you are looking for our recommendations click HERE

      Greetings and good luck.

    • Recommended-brokers.com Reply

      Hello TONY, we have already made a review about this broker, click HERE to see the review and comments of various users.

      Greetings.

  3. ENMA GUANOTOA Reply

    Hello friends.. I have had problems collecting my money. I have already made 3 withdrawal requests and it only reached my account. The other 2 are pending and every time I chat with them they tell me that the payment has already gone out and that it depends on the bank and It could take up to 21 days but it's been more than a month and I haven't received anything... the bank tells me that as soon as it arrives and they verify it immediately it's in the account. So I don't recommend it... I don't know when I'm going to charge.

    • Recommended-brokers.com Reply

      Hello ENMA, they no longer know what to invent to deceive their clients, thank you for sharing your experience with IQ OPTION. We believe that IQ OPTION broker is very unsafe, if you have more information about the company we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      You can read a review about them here: IQ Option

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link:  CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  4. Gildardo Reply

    Hello everyone.
    I want to share the following with you:
    A niece of mine had an IQOption account with approximately $200.
    Overnight the balance disappeared and was immediately reported to the portal.
    After investigation by IQOption, it was informed that a hacker from Nigeria had entered the platform.
    After several more days the definitive answer is that IQOption is not responsible for anything if you do not purchase insurance with them.
    My question is: will the insurance prevent another attack from happening?
    Isn't IQOption responsible for ensuring the security of the platform?
    Be very careful and better leave as little as possible in your IQOption accounts, because we already see that they will not be responsible for anything.

    • Recommended Brokers Reply

      Hello Gildardo, they no longer know what to invent to deceive their clients, thank you for sharing your experience with IQ OPTION. We believe that IQ OPTION broker is very unsafe, if you have more information about the company we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
      You can read a review about them here: https://brokersrecomendados.com/iq-option-comentarios/
      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      You can read the review and comments here: https://brokersrecomendados.com/iq-option-comentarios/
      To get your money back, try our chat or this link:  CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  5. Angel Reply

    You can do an analysis on the page that is like a Takashikotegawa.com broker, I have my doubts about the returns, thank you very much!

    • Recommended Brokers Reply

      Hello Ángel, thank you for writing, we are doing several reviews these days that will soon be available, for now check carefully if they have good regulation that supports the capital that you deposit with them, from what I have seen so far I don't care. They give a lot of confidence.

      Greetings.

  6. JOSE PEREZ Reply

    IT'S NO WORK THOSE MMG THEY FOOLED MENNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN

    • Recommended Brokers Reply

      Hello JOSE, thank you for sharing your experience with IQ OPTION. The IQ OPTION broker is very unsafe, be careful. If you have more information about the company, we ask you to share it with us, especially if it is information that you think could help other people by investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      You can read the review and comments here: https://brokersrecomendados.com/iq-option-comentarios/
      To get your money back, try our chat or this link:  CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  7. Recommended Brokers Reply

    Hello Aria, even though you have had a good experience with IQ Option, we remind you that IQ Option is a broker that is based in very unsafe countries, with very bad regulations and that offers binary options, in our opinion a very dangerous combination. , and this is why we would never recommend a broker like IQ Option.

    regards

  8. Turnip Reply

    It is the broker with the cleanest and most beautiful design that I know but it is the only good thing it has over others, its spreads are exaggerated at times, you must have a very good internet connection or it will fail you a lot I do not recommend using the trailing stop because it is a fraud Just like never use binaries, personally I only use it for CFD stocks.

    • Recommended Brokers Reply

      Hello Rube, even though you have had a good experience with IQ Option, we remind you that IQ Option is a broker that is based in very unsafe countries, with very bad regulations and that offers binary options, in our opinion a very dangerous combination, and for this reason we would never recommend a broker like IQ Option.

      regards

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