The short and simple answer on whether IQ Option accepts traders from the USA (The United States of America) is NO. So if you are based in the USA, you have to find a different trading platform for your trading.
Why is IQ Option not available in the USA?
IQ Option is not available in the USA because it does not have the necessary licenses to operate in this jurisdiction. For IQ Option to be available in the US, it would have to be registered as Retail Foreign Exchange Dealer (RFED) by the financial regulatory body, the Commodity Futures Trading Commission (CFTC) and also it would have to be regulated by the National Futures Association (NFA) as a Futures Commission Merchant (FCM).
Unfortunately, IQ Option is not registered as RFED nor regulated by the NFA and therefore, it cannot accept traders from the USA.
Can I use IQ Option in the US?
No, you cannot use IQ Option if you are based in the US because the broker does not accept traders from this jurisdiction. IQ Option knows where you come from based on your IP address and even if you would try to fool IQ Option by using VPN, you could not trade with them as you would be asked to verify your account with your ID.
Are there any good alternatives to IQ Option?
Luckily, yes, while in the US does not operate as many brokers as in Europe, Asia or Australia (because it’s very costly and hard to obtain the US licences), there are a couple of solid brokers that are regulated in the US.
Popular Forex brokers that accept US traders
All trading involves risk. Only risk capital you're prepared to lose.
* Typical spread recorded from the website of the broker on 06.03.2020 at 15:00 GMT.
Companies that offer cryptocurrency trading
|Broker||Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interestest of clients and also feature an investor compensation scheme which protects trader's deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia.||Min. deposit||Trading platforms A trading platform is a computer or mobile software program used to execute transactions within the financial markets.||Cryptocurrencies||Special features A list of features that provide a given broker with a competitive edge.||Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.|
|FinCEN||$50||In-house built platform||30 crypto pairs||
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