IQ Option brokerage belongs to the category of binary brokers who offers trading services on South African market. IQ Option South Africa is present on the financial market from 2013 and allows residents of the country to deposit and withdraw money using their local banks, making money transfers with the broker easier for South Africans. Read more below to find out about the IQ option withdrawal and deposit via south african banks.
How to Deposit with IQ Option South Africa?
Lowest deposit amount is set to only $10 and both deposit and withdrawal process are simple and present no difficulties for traders who login to trading platform. Before any transactions are made, to guarantee traders’ identity, several documents have to be submitted to this broker, such as proof of address and copy of photo ID card.
An important note to all traders in South Africa is that chosen currency selected when depositing has to remain the same when withdrawing funds also.
South African Bank Transfers are Supported, heres how to deposit with IQ option
- Click on the deposit button
- Choose the amount and the local bank of your choice
- Press Go to payment, this opens your bank’s payment website
- Log in into your banks payment website
- You will receive an OTP code to your phone, you have to enter it in the website
- When its processed by the system you will receive the message your deposit was
Some of the South African banks included are
Traders can also deposit through several payment methods, including debit/credit cards, bank wire and e-wallet providers (Skrill Moneybookers, QIWI, WebMoney, Fasapay, Neteller and Boleto).
Payout time is estimated at 1 business days for money to be on traders’ account.
IQ Option South Africa Withdrawal With Local Banks
- Click on the withdraw button
- Select your bank
- Enter the information (Amount, Your name and the Account number)
- Click “withdraw” funds
IQ Option Proprietary Trading Software
We decided to include IQ Option South Africa on our list of reviewed brokers in binary industry. Traders are able to use their proprietary software when trading binary options.
This broker offers its own platform where traders have access to a numerous trade options and instruments which are available to be used. Combined with excellent customer support and modern trading environment, we are convinced there is no IQ Option South Africa scam.
What IQ Option South Africa Offers Investors?
For all traders who ask questions is IQ Option a regulated broker, answer is yes, IQ Option is a regulated binary broker.
To get started trading binary options with IQ Option South Africa, lowest deposit amount is $10.
This amount is very attractive for traders who want to invest in binary trading assets and benefit from it. It is important to note that traders can receive up to 91%* return!
It takes just $1 investment to get you going with IQ Option South Africa. This brokerage offers a variety of currencies available, such as USD, EUR, GBP, RUB, JPY, NZD, AUD and CAD.
For the latest IQ Option platform upgrade and attractive promotion, read here.
Exquisite IQ Option South Africa Features
Thanks to its wide range of available trading features and service on South African market, IQ Option South Africa is considered to be as part of the best binary brokers for South African traders. This brokerage uses its proprietary trading software which performs very well and presents no difficulties for traders.
Traders have possibility to use the platform on more than one language, such as English, Spanish, Russian, Italian, Portuguese, Turkish and Indonesian.
IQ Option South Africa offers more than 500 assets that can be traded on financial market. These underlying assets include stocks, currencies, commodities and indices.
Traders who just registered and started to trade binary options would be thrilled knowing how IQ Option South Africa has prepared for them a demo account. With IQ Option demo, traders can use one of the popular benefits in binary options trading process.
IQ Option demo is useful for interested traders since it provides them a numerous advantages that can lead up to a successful binary trading journey.
Trading binary options on IQ Option demo has no risk involved due the fact that traders aren’t actually investing their money, instead they use virtual money to make this trial version as much more real it can be.
IQ Option demo version of trading platform serves as a great way for traders to get to know platform better and use it for practice to gain more confidence in binary options trading.
On IQ Option South Africa demo account, traders can use a variety of trading instruments that are available on trading platform, such as expiry times, short term or long term trade options and different assets, just as on regular platform.
IQ Option South Africa Mobile App
When traders login on IQ Option platform, they get access to a variety of different trading tools and services. One of the most used and popular ones is trading binary options on mobile app. IQ Option mobile app enables traders in South Africa to invest in binary options when they are on the go.
IQ Option mobile app is compatible with Android and iOS systems and besides computers, mobile trading can be used on tablets and smartphones as well. Rapid growth in tech industry has made it possible to use such feature in binary options industry. South African traders find it very useful and in greatly facilitates trading binary options.
For more on IQ Option South Africa trading feature, read our IQ Option review.
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