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Unregulated

IQ OPTION

Australia
Unregulated Australia 5-10 years Forex, CFD Stocks Listed on MetaQuotes MT5
2.0/ 10
Trust score

Poor

High-risk profile — proceed only with caution and small amounts.

Licensed-broker average 4.9 / 10
IQ OPTION has no verified tier-1 regulatory licence on record. See what this means →
User reviews
—
License status
None
Operating since
2007
Platforms
IQ Option APP
Min. deposit
—
Max. leverage
—
Account types
—
Website status
Online
checked 25 Oct 2026

IQ OPTION Review — Overview

Updated 29 Jul 2026
Regulation
Unregulated
Licence status
None
Platforms
IQ Option APP
Instruments
Forex, CFD Stocks, Cryptocurrencies, Commodities
Typical spread
/
Operating
Est. 2007
Website
iqbroker.com · Online

IQ OPTION is a forex & CFD broker based in Australia, established in 2007. On Trust Broker Hub it holds a Trust Score of 2.0 out of 10, which we rate as Poor — below the 4.9/10 average for brokers that hold a verified licence. High-risk profile — proceed only with caution and small amounts.

We could not verify any regulatory licence for IQ OPTION. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

IQ OPTION provides access to Forex, CFD Stocks, Cryptocurrencies, Commodities. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, IQ OPTION carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?
Regulation no licence on record 1.0 / 10 × 50%
Transparency public disclosure 6.0 / 10 × 20%
Footprint track record 4.0 / 10 × 15%
Reviews no verified trader feedback yet 3.0 / 10 × 10%
Complaint record no complaint history on file 5.0 / 10 × 5%
Weighted total 2.85
Data completeness 4 of 10 facts verified 40%  ×0.70
Trust Score 2.0 / 10

Trust Score history

IQ OPTION currently scores 2.0/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Live website and reachable support channels
  • Listed in our verified broker directory

Cons

  • No verified regulatory licence on record
  • Trading conditions and fees not publicly disclosed
  • Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for IQ OPTION. Treat with caution and verify before depositing.

MetaQuotes registry

As listed in the MetaQuotes MT5 broker directory · checked 26 Oct 2026
Cortex Engine LLC MT5 server: CortexEngine
Registration number
L 23716
Registered address
Lighthouse Trust Nevis Ltd, Suite 1, A.L. Evelyn Ltd Building, Main Street, Charlestown, St. Kitts and Nevis
Offices
St. Kitts and Nevis
Status (per MetaQuotes)
Non-regulated
Website
iqbroker.com
Email
support@iqbroker.com
Abuse reports
support@iqbroker.com
Phone
+44 7441477406

Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.

Trading conditions

Self-reported
InstrumentsForex, CFD Stocks, Cryptocurrencies, Commodities, ETFs, Indices
Minimum depositNot disclosed
Maximum leverageNot disclosed
Typical spread/
PlatformsIQ Option APP
Demo account✅

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on IQ OPTION

Editorial · updated 29 Jul 2026
Our analysis · editorial 2.0/10

High-risk profile

IQ OPTION does not hold a verified regulatory licence on record. Based in Australia, it has been operating for about 19 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 2.0/10 — a high-risk profile.

Strengths
  • Long 19-year operating track record
  • No complaints on record with us
  • Supports IQ Option APP trading
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

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IQ OPTION — Questions & Answers

0 questions

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag IQ OPTION here if that changes.

Full specifications

Regulated region
Australia
Operating period
5-10 years
Instruments
Forex, CFD Stocks, Cryptocurrencies, Commodities, ETFs, Indices
Year founded
2007

Frequently asked

Is IQ OPTION a safe broker?
IQ OPTION scores 2.0 / 10 on our Trust Score, below the 4.9 average for brokers that hold a verified licence. It has no verified tier-1 licence, raising risk. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.
What is the IQ OPTION MT5 server name?
IQ OPTION is listed in the MetaQuotes MetaTrader 5 directory under the server name "CortexEngine". In MetaTrader 5, add an account and search for that name, then choose the exact server shown in your account details from the broker. Read our methodology.
Is IQ OPTION regulated?
MetaQuotes lists Cortex Engine LLC with the status "Non-regulated". That is the broker's own declaration to MetaQuotes, not a licence we have checked. We hold no verified licence for it, so check the regulator's own register before depositing.
How is the IQ OPTION trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from IQ OPTION?
IQ OPTION doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.