IQ Option Account Verification Process

Posted by BinaryCount on September 4th, 2019

What is IQ Options Trading

IQ options trading has become the most popular nowadays. The first binary options were introduced by banks in 2008 and then online forex brokers started offering binary options to the public.

IQ Option Trading is a very enormous platform for investing in virtual currencies and IQ Option is widely spreading platform for itself moreover it is producing a large amount of money in a minimum amount of investment.

IQ Option Trading is now offering clients to trade Contracts for Difference (CFDs) on stocks, Cryptocurrencies, Exchange Traded Funds (ETFs), Forex, and a range of various digital options.

As pragmatic currencies are being so popular and beneficial so in consequence that is remarkably boosting trades.

In the upcoming years, this will produce more IQ Option Traders.

What is the minimum investment in IQ option?

IQ Option allows you to start trading binary options with only and the lowest minimum deposit among various binary options brokers Some other brokers necessitate you to deposit you at least 0, 0 or even higher, depending on account type.

This trading allows opening an account from some different options which are completely based on the choices and requirements of the buyers.

Types of the IQ Option Trading Account:

• Demo Account

• Standard Account

• VIP Account

Opening an IQ Option Account and verification process:

Opening a new IQ Account is very easy, we are here to guiding you how you can start trading.

It is a simple process. For opening an account you have to be of legal age.  Before getting started you should make sure that you belong to the eligible country.

IQ Option does not serve in many countries you can find the detailed list of the countries in which IQ option serves on their official website.  

Once you complete the eligibility process you can proceed with creating your account with IQ Option. You can register yourself with your own personal emails as well as your company’s email ID if you are an agency.

After completing registration the next step will be verifying your Identity. Usually, traders find this account verification process frustrating and time-consuming, but trust me it worth it.

IQ Option ensures safe endeavour of its traders. This Verification process help IQ Option in knowing that no one else is using your account and the person is an actually a human, not a spammer.

This verification process is for one time, you need to prove your identity once, it will help you by preventing you from getting into any kind of fraud or trap.

Here you are three steps far from opening your trading account:

Step 1. Identity verification:

This first step needs to verify your identity and for this, you must provide one document.

For completing this process you can submit a scanned copy or a photo of your passport, ID card or a Driving License.

If you are using your passport it should be scanned from the front side where your photograph is displayed and if you are using Identity card or driving licence scan them from both front and backside.

Note: Make sure the document you are providing for verification has a clear photo and should not be expired

Step 2. Address verification

To verify your address or residence. You have to provide a scanned copy or with the photo of any of the following documents issued in your name.

This verification needs your name with your address also this can not be older than 6 months, whichever document you will take for address verification must contain an issued company or banks logo on itself.

For confirming your address you can choose followings:

• Statement for a bank account or credit card account

• Bill for utility services( electricity, telephone, water and other)

• Document from the municipality confirming your address with an official stamp

• Tax statement.

Step 3. Bank card verification

To prove your ownership of your bank account documents you must use a card which you use for your transaction. Requirements for providing a card. The card must contain your name.

Note: your card must be scanned from both back and front sides. Your card contains your name and you should obscure the CVV and six digits from the card. 

All steps for verification of your Trading Account are easy. This is one of the requirements set by CySEC, IQ Options main regulator. Still, some traders find this process time consuming but this is necessary also, it prevents money laundering.

If you wish to start trading in binary options you must verify IQ Option Trading Account.