IQ Option Close Account

Adam Rosen - Lead financial writer

Updated 10-May-2024

IQ Option Close Account

For whatever reason you may wish to close or delete your live IQ Option trading account. IQ Option is a multi-asset broker that was established in 2008 and is headquartered in Cyprus. IQ Option offers trading in Forex, Commodities, Indices, Stocks, Crypto, Futures to over 10,000 clients. There are a few ways to close and deactivate your live IQ Option account including online, through email and even through the post. Closing your IQ Option account will take around 3 to 10 days depending on your circumstances. There are a few things you will need to check before you close your IQ Option acccount as once your IQ Option account is fully deactivated, any trading research and available IQ Option funds or any other data that remains needs to be in your possession. Once IQ Option trading platform access is lost.

What are the steps to deactivating and closing my IQ Option account?

  1. Once logged into IQ Option, choose "delete" or "Close Account" from the IQ Option drop-down menu that is located at the very bottom of the page on the IQ Option. Once you have navigated to the IQ Option settings page, select the option that allows you to delete your IQ Option live trading account.
  2. A pop-up will inquire as to the motivation for your decision to close your IQ Option account, and it will provide you one final opportunity to change your mind. A IQ Option representitive may also contact you to confirm your IQ Option account closure.

It is now possible to close your IQ Option account within three days, provided that all of your IQ Option positions have been closed and all available IQ Option funds have been withdrawn.

Although there are thousands of people who use IQ Option, at some point you may want to close your IQ Option account. It only takes a few clicks of a button to delete your IQ Option account if you decide you've had enough of the IQ Option platform and no longer want to use it.

Before you close your IQ Option account, double check that all open trades have been closed and that you have withdrawn the full amount of money from your available IQ Option balance.

You can terminate your IQ Option account via email

You can log in to your IQ Option account using the email address that you provided during the IQ Option registration process in order to terminate your IQ Option account. Send an email to [email protected] requesting that your IQ Option account be closed. The email should contain your IQ Option account deactivation and closing request.

Your IQ Option Account Can Be Closed Via Telephone

you can also contact a IQ Option support agent by calling +44 20 8068 0760. They will be able to assist you.

To delete your IQ Option account, go to https://iqoption.com/ and then follow the instructions that are provided on the IQ Option website. If you have any questions or concerns about deleting your IQ Option account.

Your IQ Option Account Can Be Closed Via Post

You can send a letter to the IQ Option head office in Hinds Building, Kingstown, St. Vincent and Grenadines to request that your live IQ Option account be closed. closing your IQ Option account via post will take allot longer and you will want to know if IQ Option recieved your IQ Option account closing letter.

How Much Time Will It Take Before My IQ Option Account Is Deleted?

IQ Option requires three to ten business days to close your account, and their may be some associated fees when closing your IQ Option acccount. IQ Option accounts with available funded balance may take longer if you do not provide IQ Option with a withdrawal method and verify your ID.

Is it possible to reactivate my IQ Option account after it has been closed?

When an IQ Option account is closed, it cannot be reopened under any circumstances; however, a new IQ Option account can be created at any time by using a different username and email address. Your IQ Option trading history and data will be wiped clean from any previous IQ Option transactions that you have closed, as well as any active IQ Option accounts you have had in the past.

Are Multiple IQ Option Accounts Possible?

You are free to create as many IQ Option accounts as you like. You will need to register with IQ Option with the same name and documents as you did when you created your previous IQ Option account in order to do this. You will, however, be required to create a new IQ Option login name and email address for your new IQ Option accounts.

What Are Some of the Reasons That People Want to Cancel Their IQ Option Account?

The majority of newcomers struggle with fundamental issues such as risk management, which frequently results in significant financial losses with brokers like IQ Option. People typically decide to close their trading account on IQ Option because they no longer wish to participate in the IQ Option platform's trading activities. Its possible you have trading accounts else where and you wish to close up IQ Option or you are looking for an IQ Option alternative.

Inactivity Fees for Your IQ Option Account

It's possible that you have an IQ Option account in which you haven't executed a live buy or sell order in a few months. If this is the case, your IQ Option account may be marked and dormat and eventually locked.

Because IQ Option does charge inactivity fees for IQ Option dormant accounts, you should make sure to close any IQ Option accounts you have with IQ Option that you no longer intend to use.

Withdraw the remainder of your IQ Option balance

You can take money out of your IQ Option account whenever you like by using the IQ Option trading platform or going to the website https://iqoption.com/.

In order to accomplish this, you will need to take any remaining money out of your IQ Option broker account, which is a process that is also known as final IQ Option balance withdrawal.

There is a wide variety of withdrawal methods offered by brokers like IQ Option, as well as differences in the amount and speed of withdrawal speeds depending on your chosen IQ Option withdrawal method.

You are permitted to withdraw funds from your IQ Option account up to the value of the available funds in your IQ Option account at any given time. Because you are not required to keep any money in your IQ Option account, you are free to withdraw the entirety of your IQ Option balance whenever you see fit. Remember that any IQ Option funds that you withdraw will be put back into the same account that they came from when you made the IQ Option deposit. This is the most important thing to keep in mind.

It is possible that you will be required to provide an alternative method in order to withdraw money from IQ Option if your details have changed since the time that you initially deposited the IQ Option funds.

When you withdraw money from IQ Option, the process is not instant; rather, it typically takes at least several business days for the money to reach you. IQ Option withdrawal times differ depending on the selected payment method in your IQ Option dashboard.

If all of the information associated with your IQ Option account is accurate, the processing of your request to withdraw funds from your IQ Option account may take up to one to ten business days. The amount of time it is estimated to take to receive payment from IQ Option after a withdrawal has been processed varies entirely according to your chosen method of payment and is dependent on the 3rd party payment service provider supported by IQ Option.

IQ Option Account Deactivation Delays

Because there is a possibility of delays when withdrawing large sums of money from an IQ Option account, we recommend getting in touch with your financial institution in advance. Additional IQ Option waiting time may be incurred due to the placing of a security hold on large IQ Option withdrawals. Please check with your financial institution before initiating a IQ Option withdrawal because the processing times associated with each IQ Option withdrawal method are unique.

While your IQ Option account is 'Under Review', you will still be able to withdraw funds from it; however, you will need to have funds that are eligible for IQ Option withdrawal in order to complete the withdrawal process. Once your IQ Option withdrawal request has been processed by IQ Option and the withdrawal process has been finished, you will be notified via email that the request has been fulfilled.

It is important that you understand that you can only withdraw IQ Option money into accounts that are under your own name.

Withdrawal Fees Charged by IQ Option

Because 3rd party fees for IQ Option international bank transfers and wire transfers can be quite high, you should make it a habit to double check whether or not this is something that will be applicable to the IQ Option closing transactions you conduct.

At IQ Option, the withdrawal of funds for basic transactions is free of charge. You will be subject to an additional fee by your 3rd part IQ Option withdrawal method for currency conversion if you choose to withdraw funds in a currency other than US dollars (USD). The prices of the IQ Option withdrawal services may shift at any time in response to shifts in the market conditions.

The majority of withdrawal requests made to IQ Option are processed free of charge through common withdrawal methods like Debit cards, Credit cards, Visa, Mastercard, Maestro, Electronic wallets (eWallets), Skrill, Neteller, Webmoney.

How to Uninstall the IQ Option App on Your iOS or Android Device

On your iOS or Android device when the app list window displays, touch and hold the IQ Option app icon until it appears, and then pick the option to Remove App from the menu. After opening the app drawer, which is where all of your apps including IQ Option are kept, you may move them to the Uninstall area (on Android) on the left side of the screen by dragging and dropping them there. From that screen, select the Delete IQ Option App option to confirm that you wish to remove the IQ Option application from your phone. Tap the minus sign or the X to delete IQ Option applications, which is the quickest and easiest method to remove IQ Option applications from your device.

IQ Option should be removed from your computer if no longer needed

If you have downloaded IQ Option to your PC or Mac computer you can uninstall any IQ Option software and remove IQ Option from your web browser.

What You Need To Do To Cancel A Request To Close Your IQ Option Account

You can get in touch with IQ Option customer support via e-mail, the phone, or live chat if available if you don't feel like closing your IQ Option account. As long as your IQ Option close account status is 'Under Review' or 'In Progress', you may cancel your IQ Option account closure request by contacting IQ Option customer support.

How Does The IQ Option Account Compare Against Other Brokers?

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