IQ Option Nigeria: Account Sign Up, Deposit & Withdrawals

IQ Option is one of the largest international online binary options broker in the world. In Nigeria, the Company is also very popular among Nigerian online traders of binary. The binary options market is still evolving in Nigeria as compared to the vastly developed forex trading industry in Nigeria. Binary Options trading provides another exciting option for Nigerian traders to earn money from the various markets as presented by the binary brokers. Some of the markets binary traders can trade binary include Forex, commodities, stocks, cryptocurrencies, indices and so many more.

IQ Options was founded in the year 2013 and is owned by the parent company IQ Option Limited. The award winning company has its headquarters in Limassol, Cyprus. The company has grown massively to become of the largest online trading broker in the world with over 20 million customers. The broker won the award for the Best Binary Options Broker Europe for 2015 according to the Global Banking & Finance Review.

IQ Options provide one of the best trading platform in the world where traders can trade stocks, exchange-traded securities ETFs, forex, Digital Options, Cryptos and many more. The platform is available in mobile and desktop version.

The purpose of this article is to show you how to create a trading account on IQ Options; making deposit and how you can make withdrawals from your IQ Option account in Nigeria. Because one common question Nigerian traders always ask is: how can one withdraw money from his/her trading account?

How to Create a Live Account with IQ Options

Follow the steps below which will guide you through the account opening process:

Step1: click on this link to get to the IQ Options account opening page

Step2: on the account opening page, type in your email address and other required personal information.

Step3: Accept the “IQ Options terms and policy agreement” and then click on “Create an account” button to complete the account opening process.

Step4: Now your IQ Options account has been successfully opened, check your email for your account login details. You can then proceed to fund it using the services of Sowget.

Is Binary Options Trading Legal in Nigeria

This is a serious question any intelligent person would ask before venturing into any new business. The answer to this question is easy.

In Nigeria, the government agency responsible for regulating the activities of stock exchanges and the capital market is the Securities and Exchanges Commission (SEC). However, as at the time of writing this article, there is no formal framework yet from SEC regulating the activities of binary options trading in Nigeria. Meaning that trading binary options is legal in Nigeria and Nigerians can be rest assured dealing with IQ Options as they are a registered and regulated company.

IQ Options is also a reputable broker, having won several accolades over the years, including winning the best trading platform during the 2014 Forex Awards.

IQ Options Deposit & Withdrawal

IQ Options clients in Nigeria can contact us for support or assistance as regards their IQ Options account operations.

For account deposits/withdrawals, cannot directly fund or make withdrawals on your IQ Options account. However there are a range of available payment methods on IQ Options that you can use such as Bitcoin, Perfect Money, AdvCash, Neteller and Skrill.

This article is concentrated on teaching you how to deposit or withdraw funds on your IQ Options account through Perfect Money using the services of

As usual, to use exchange services, you have to first open an account on our website, the registration process is easy and can be completed in no time. When done, a verification mail will be sent to your email address for you to confirm and activate your account.

How to Fund your IQ Options account with Perfect Money

After successfully creating your Sowget account and activating it, kindly proceed with the below outlined steps to credit your Perfect Money wallet in other to use it to fund your IQ Options account.

Because it is the funds inside your Perfect Money wallet that would be used to deposit to your IQ Options account.

You would first have to deposit funds to your Sowget wallet using your ATM card, USSD or bank transfer. Funds in your wallet can then be used to instantly buy Perfect Money.

Inside your Sowget dashboard, click on Buy and select Perfect Money. Fill the order form and submit by making payment. Our system confirms your order and credits your Perfect Money wallet.

Once funds arrive in your Perfect Money account, login to your IQ Option account and click on deposit and select Perfect Money. Enter the amount in your USD you want to deposit to your account and click on the Proceed to Payment button. You would be redirected to the Perfect Money website in order to make payment.

On successful payment on Perfect Money website, you would be returned to your IQ Options dashboard and your account would be instantly credited with the USD amount you deposited.

The minimum amount to deposit on IQ Option is 10 USD.

How to Withdraw from your IQ Options Account with Perfect Money

To withdraw your funds from IQ Options, inside your account dashboard, click on Withdraw Funds. Then click on Perfect Money and enter the amount you want to withdraw from your account. Once your withdrawal is processed by the IQ Option support team, your Perfect Money account would be credited with the amount you withdraw.

At this stage, you can login to your Sowget account dashboard and instantly sell your Perfect Money to Naira. Inside your sowget account, click on Sell Perfect Money, fill the order form and submit, authorize the transaction on Perfect Money website and make payment. On successful transfer, your Sowget wallet is then credited with the Naira of your sell perfect money order.

Funds in your Sowget wallet can then be instantly withdrawn to your bank account.