What should you check when choosing a trading broker? Some traders look for a wide choice of assets for trading and convenient deposit methods. Others pick a broker with a great mobile app or one that offers free education resources. IQ Option is an international broker that has it all – and much more.
Currently, IQ Option trading community has over 48 million users, so the broker’s services can fit the needs of traders from different regions. In this article, we will cover the main points about IQ Option trading in Indonesia, such as local deposit methods, trading assets, platform features, etc. This material will help you learn everything you need to know about IQ Option in Indonesia and decide whether it is the right broker for you.
Can you trade on IQ Option in Indonesia?
Yes, traders can register an account on IQ Option in Indonesia and trade different assets. After a free sign-up traders get full access to all the trading instruments and platform features in the traderoom.
All IQ Option traders in Indonesia can get acquainted with the platform by using a free $10000 demo account. You can top up this free account with virtual funds as many times as you want to test different strategies and approaches. Beginner traders often use it to acquire some trading experience before moving on to trading with real money.
How to download IQ Option?
Traders of IQ Option in Indonesia, similarly to other users, can access the trading platform using a browser, a desktop application for Windows or MacOS and a mobile app. IQ Option trading app is available for iOS and Android devices, so users can switch between different devices and check their trades at any time.
To access IQ Option trading platform, you need to create an account. It is vital to provide correct personal and contact information. Keep in mind that you will have to confirm this information by uploading official documents as a part of the verification process later on.
Deposit and withdrawal methods
IQ Option offers various deposit methods so that everyone can find a convenient option for them. Some deposit methods are universal; others may be offered to traders from certain regions. This is one of the reasons why you should correctly state your location during the IQ Option sign-up process.
Here is the list of the popular deposit and withdrawal methods available to traders of IQ Option in Indonesia.
Traders can top up their real account in one of four available currencies: IDR, EUR, GBP or USD.
Minimum deposit amount
The minimum deposit amounts may vary depending on the payment method.
- E-wallets and bank cards: 150,000 IDR / 10 EUR / 10 GBP / 10 USD
- Local bank transfer: 200000 IDR / 13 EUR / 11 GBP / 14 USD
The minimum trade amount is the same for all deposit methods. It’s 15,000 IDR or 1 EUR / 1 GBP / 1 USD.
How to Withdraw Money from IQ Option?
When it comes to withdrawals, there is also the minimum amount requirement to keep in mind. Similarly to deposit amount, it may be different for some payment options available to traders of IQ Option in Indonesia.
- E-wallets and bank cards: 30000 IDR / 2 EUR / 2 GBP / 2 USD
- Local bank transfer: 200000 IDR / 13 EUR / 12 GBP / 14 USD
For step-by-step instructions on how to make a withdrawal, please refer to this article: A Full IQ Option Withdrawal Guide. There may be specific requirements when it comes to some payment options, so feel free to contact the IQ Option support team for assistance.
To successfully withdraw money from IQ Option, you should always provide correct personal and contact information. The company has strict guidelines when it comes to verification in order to avoid scammers and ensure the safety of your funds.
IQ Option account verification
To make a withdrawal, first you would have to go through account verification. Generally, it involves the following steps.
- ID verification (a photo of your passport or a valid ID).
- Payment method verification (usually a photo or a scan of your bank card).
- Address verification (an official document confirming your place of residence) may also be required.
Main traderoom features
IQ Option trading platform is focused on user experience. It offers a traderoom that is easy to operate and has all the necessary tools for efficient trading. Here’s a brief overview of the main features traders value the most.
Adjustable Traderoom Layout
IQ Option designed its own trading platform to fit the needs of traders with different levels of knowledge and experience. You can customize the platform by choosing the traderoom language, setting keyboard shortcuts and menu items and applying notification alerts to stay informed about your trades. To achieve this, just click on the ‘Settings’ on the bottom right part of the traderoom.
Multi-chart feature
Experienced traders often apply the multi-chart layout to track several assets at once. The desktop app can fit up to 9 charts at a time. You may view the chart grids by clicking on the ‘Chart layout’ icon in the upper-left corner of the traderoom.
280+ assets for trading
What many traders appreciate the most is quick and easy access to global markets. When trading on IQ Option in Indonesia, you can choose from 280+ different assets on the same platform, including Binary Options, Digital Options and CFDs on Forex, Stocks, Crypto, ETFs, Commodities.
Over 200 technical tools for asset analysis
There are 200+ technical analysis instruments traders can use to learn about the market and look for trading opportunities. They include graphical tools, such as trend lines, and over 100 technical indicators. Moreover, there is an option to save the most effective multi-indicator presets to apply them in the future. Trader’s sentiment and trade volume widgets may also provide useful insights and point to market trends.
Free market news and education
Traders who use fundamental analysis tools, such as the economic calendar and company earning reports or just want to stay on top of important market events often turn to the ‘Market analysis’ section of the IQ Option traderoom. You can access it right from the main screen, while keeping an eye on your assets and trades.
What is more, the platform also offers free video tutorials in different languages for beginners and experienced traders looking for new instruments and strategies. Traders of IQ Option in Indonesia can watch them in different languages, including English and Bahasa Indonesia.
Key Takeaways
IQ Option is an international broker that offers trading services in multiple countries. Traders of IQ Option in Indonesia can choose from various payment methods, which include popular local options. The trading platform is available in web, desktop and mobile versions, allowing traders to monitor their progress at their convenience. The traderoom layout, including the language, can be adjusted to fit any trader’s needs. On top of that, IQ Option offers low minimum deposits, free technical tools and market analysis, making it the optimal solution for millions of traders all over the world.
