Topic: Did I make a mistake for joining iqoption? (Read 187 times)
No, I was the one that registered there, now I think I screwed up and the bad thing is I have to wait 90 days to get my money back...
I dont understand your real point with this thread, what are you trying to ask? or you are asking for some help about how to trade in there?
first of all, if your friend has just joined IQoption because he saw the ads.. let me tell you that it is a 100% crap, iqoptions is just a binary options site.
and binary options are the same as gambling, because you need to bet with both options; long or short.
if you are right, you earn the double of what you invested, if you were wrong, you lose everything
first of all, if your friend has just joined IQoption because he saw the ads.. let me tell you that it is a 100% crap, iqoptions is just a binary options site.
and binary options are the same as gambling, because you need to bet with both options; long or short.
if you are right, you earn the double of what you invested, if you were wrong, you lose everything
A few days ago friend told me about iqoption.com and I joined and bought BTC there. Before I registered there I skimmed through the rules and fine print but it seems there were a few details that they forget to mention, and you find out about them the hard way.
First, when I wanted to transfer part of BTC to another wallet it said I need to deposit from mu credit card the equal amount to what I want to transfer (so if I want to transfer 100$ worth of BTC somewhere else I need to make another deposit there in the amount of 100$). Also, you need to make a deposit from a credit card that has 3DS security option. I made additional deposit but it turns out my card did not have 3DS so I contacted support to ask them what to do and how to get that money back to my card. Support was very kind but did not solve my problem. It turns out that if you make a deposit to your Iqoption account you can only transfer it back to the card (or to your Skrill account and a few other) 90 days after you made the deposit! So basically I had more money there than I originally intended and in order for it not to loose value I bought more BTC.
Now we come to the second "problem": the fee for trading cryptocurrency on Iqoption is 10%! There is a silver lining since for each time you pay fee you get OTN and you can either hold it, transfer it or use it to pay fee.
Any similar experience there or advice how best to overcome the shortcomings of their system?
I will mention that their graphical interface and analysis tools are good, as well as the app. Also, I sent a few bad words to the friend that sent me there in the first place... I hope he reads this, he is a registered member...
First, when I wanted to transfer part of BTC to another wallet it said I need to deposit from mu credit card the equal amount to what I want to transfer (so if I want to transfer 100$ worth of BTC somewhere else I need to make another deposit there in the amount of 100$). Also, you need to make a deposit from a credit card that has 3DS security option. I made additional deposit but it turns out my card did not have 3DS so I contacted support to ask them what to do and how to get that money back to my card. Support was very kind but did not solve my problem. It turns out that if you make a deposit to your Iqoption account you can only transfer it back to the card (or to your Skrill account and a few other) 90 days after you made the deposit! So basically I had more money there than I originally intended and in order for it not to loose value I bought more BTC.
Now we come to the second "problem": the fee for trading cryptocurrency on Iqoption is 10%! There is a silver lining since for each time you pay fee you get OTN and you can either hold it, transfer it or use it to pay fee.
Any similar experience there or advice how best to overcome the shortcomings of their system?
I will mention that their graphical interface and analysis tools are good, as well as the app. Also, I sent a few bad words to the friend that sent me there in the first place... I hope he reads this, he is a registered member...
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