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IQ Option fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for IQ Option, from the database.
Facts last checked . Read the full IQ Option review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 1.0 pip
- GBP/USD spread
- Approx. 1.5 pips
- Commission
- $0 on standard CFD forex trading
- All-in cost, EUR/USD
- Approx. 1.0 pip
- Spread type
- Variable
- Overnight swap
- Both: overnight financing may be charged; rates depend on asset and direction
- Inactivity fee
- €10/month or equivalent after 90 consecutive days of inactivity
- Withdrawal fee
- Generally none; bank-wire charges may apply
- Currency conversion
- Conversion at applicable exchange rate
What this means
Cost is where brokers in the same regulatory bracket actually differ.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
IQ Option lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about IQ Option fees
What is the EUR/USD spread at IQ Option?
IQ Option records an average EUR/USD spread of approx. 1.0 pip on a variable pricing model.
Does IQ Option charge commission?
IQ Option's commission is $0 on standard CFD forex trading. A commission account usually pairs with a tighter spread, so the two have to be read together.
Does IQ Option charge an inactivity fee?
IQ Option's inactivity fee is recorded as €10/month or equivalent after 90 consecutive days of inactivity.
Fees at brokers under the same regulator
- IC Markets fees also licensed by CySEC
- Eightcap fees also licensed by CySEC
- XM fees also licensed by CySEC
- FxPro fees also licensed by CySEC
- Markets.com fees also licensed by CySEC