IQ Option Rwanda - All you should know

IQ Option does accept traders from Rwanda, so if you are based in this country, you can trade with IQ Option. To learn more about the trading conditions which IQ Option has for traders from Rwanda please read the following article for whom it is dedicated. You can also check out our extensive IQ Option Review or visit the broker's website.

 

When trading with real money, your capital is at risk.

Not based in Rwanda? If that's the case, please refer to our article Does IQ Option accepts traders from my country? as different trading conditions might apply to you.

IQ Option Rwanda - Overview of the trading conditions

Now when we have established that IQ Option welcomes traders from Rwanda, let's talk about the trading conditions this broker has prepared for them. First of all, IQ Option features its own in-house built platform where you can as a trader from Rwanda trade binary and digital options + CFDs on forex, commodities, indices, stocks, ETFs and cryptocurrencies. To trade all these assets and trading instruments, you can either open a free demo on which you can trade with play money. Or you can open a real account, the IQ Option minimum deposit is in Rwanda $10 (or equivalent in other currency) and the minimum investment is set at $1.

IQ Option Deposit and withdrawals methods supported in Rwanda

IQ Option support in almost every country the following funding methods: Credit and debit cards (Visa, MasterCard), Neteller, Skrill, Webmoney and bank transfers. However, IQ Option deposits and withdrawal methods in Rwanda are extended by these funding methods: Advcash, Mobile money and Perfect Money.

It is recommended to use the same deposit and withdrawal method so IQ Option could easily verify that you are the person who made the deposit. IQ Option does not charge any deposit nor withdrawal fees (with the exception of a bank withdrawal where a 25€ fee applies (or equivalent in other currency).

How long does it take to receive money from IQ Option?

If you are based in Rwanda and you use an e-wallet to fund your account, it will take only a couple of seconds for funds to appear in your real account (the same goes for e-wallet withdrawals). Card deposits appear almost instantly and withdrawals are processed within 24 hours. Bank deposits appear as soon as your bank processes and send the payment, bank withdrawals are processed by IQ Option within 24 hours.

Available leverage for traders from Rwanda

As mentioned before, traders from Rwanda can trade on the IQ platform binary and digital options (with a profit of up to 900% in case of a successful trade) and CFDs on forex, stocks, commodities, ETFs, cryptocurrencies and indices. Here is a table of maximum leverage that is available exclusively to traders from Rwanda.

Asset categoryMaximum leverage
Major and Minor currency pairs1:500
Exotic currency pairs1:300
Stocks1:20
Cryptocurrencies1:100
ETFs1:20
Indices1:100
Commodities1:50

The table was updated on 18.02.2023 for which it is accurate.

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