How to Get IQ Option VIP Account and Its Benefits
In the online trading space, investors are always looking for specialized trading conditions and exclusive benefits. One of the best ways to attain some custom trading conditions and exclusive benefits is by obtaining a VIP account. IQ Option is one of the most popular brokers in the world that offers its traders a VIP account. IQ Option is renowned for its user-friendly interface, diverse asset offerings, and innovative trading tools, making it a stellar choice for many traders. In this article, we are going to look at how to get an IQ Option VIP account and its benefits. Let’s jump right in.
What Is An IQ Option VIP Account?
An IQ Option VIP account is a specialised account offered to the company’s most advanced investors. This account comes with various benefits including exclusive features, tailored services, and enhanced trading conditions. Notably, the IQ Option VIP account is only available to clients that reside outside the European Economic Area (EEA). On top of that, there are conditions that have to be met to qualify for this trading account. Below are the conditions and how to get an IQ Option VIP account.
How To Get An IQ Option VIP Account
There are only two conditions that traders need to meet to acquire an IQ Option VIP account. These include:
- A trader needs to have deposited at least $600 in a period of 60 days.
- A trader needs to have a trading volume of at least $6,000 in a period of 60 days.
If a trader meets these conditions, then they can claim the VIP account. However, the VIP status is not permanent. There are conditions that have to be met to maintain the VIP account. The two conditions required to maintain the VIP account status include:
- A trader must make deposits worth at least $300 in a period of 90 days.
- A trader must have a trading volume of at least $3,000 in a period of 90 days.
So what are the benefits of having an IQ Option VIP account? Let’s take a look below.
Risk warning: Remember that forex and CFDs available at IQ Option are leveraged products and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.
For what countries are the above conditions applicable?
The above conditions to get the IQ Option VIP account are applicable to traders from:
Lesotho, Burundi, Senegal, Zambia, Tanzania, ST Helena, Egypt, Zimbabwe, Niger, Libya, Uganda, Mali, Namibia, Congo, Djibouti, Eritrea, Morocco, Mozambique, South Sudan, Madagascar, Sudan, Equatorial Guinea, Chad, Tunisia, Ethiopia, Central Africa, Sierra Leone, Cameroon, Ghana, Western Sahara, Burkina Faso, Liberia, Guinea, Gabon, Kenya, Benin, Guinea-Bissau, Algeria, Mauritania, Rwanda, Mayotte Island, Togo, South Africa, Reunion Island, Cape Verde, Nigeria, Ivory Coast, Gambia, Somalia, Botswana, Malawi, Mauritius, Seychelles, Swaziland, Angola, Comoros, Sao Tome and Principe.
In other countries the conditions might be a little bit different (the deposit amount and trading volume required).
Benefits of an IQ Option VIP Account
There are various standout benefits that an IQ Option VIP account provides to clients. These include:
- Higher Profitability - VIP account holders gain access to increased profitability on their trades. This gives them higher potential returns on successful investments.
- Dedicated Account Manager - One of the most notable perks of IQ Option’s VIP account is the provision of a personal account manager. This seasoned professional serves as a guide, offering personalized assistance, tailored trading strategies, and insights to optimize your investment decisions.
- Exclusive Educational Resources - Access to premium educational resources is another benefit of VIP membership on IQ Option. Some of the resources include four PDFs with topics such as Technical Analysis Indicator “Moving Average”, Pros and Cons of Technical and Fundamental Analysis, How to Choose an Asset to Start With, and Trading Sessions and Their Features.
- Exclusive VIP chat rooms - Reserved solely for IQ Option VIP traders, these specialized spaces serve as hubs for discussing economic trends, trading opportunities, and more.
- Free tournament participation - IQ Option hosts frequent tournaments where participants have the chance to win real cash prizes. As a perk, every IQ Option VIP trader receives automatic access to these competitions, which typically feature prize pools totalling thousands of dollars.
- Monthly trading analysis with an IQ analyst - At the close of each month, VIP account holders have the opportunity to review their trading performance with an IQ Option analyst. They provide insights into areas for improvement and offer guidance on how to enhance traders’ trading strategies.
What Assets Can You Trade on IQ Option?
IQ Option gives traders access to a wide variety of market products. On this broker site, investors can trade over 250 different market instruments. Here is a breakdown of the various market products available to trade.
- Forex - IQ Option offers a diverse selection of 31 currency pairs for clients to trade on, catering to various trading preferences. Notably, traders have access to a wide range of major, minor, and exotic currency pairs to diversify their portfolios.
- Cryptocurrencies - IQ Option provides access to over 10 popular cryptocurrencies for trading, including Bitcoin, Bitcoin Cash, Ethereum, Dash, XRP, and Litecoin, among others. This collection allows traders to engage in cryptocurrency markets with flexibility and convenience.
- Indices - The platform offers a variety of indices for trading, such as the FR40, US30, UK100, US100, and AU200, among others. With these indices, traders can capitalize on diverse global market movements and enhance their trading strategies.
- Commodities - IQ Option features 9 different instruments within the commodities asset group. These include wheat, oil, corn, gold, silver, and copper, among others. This range of commodities allows traders to explore various market sectors and potentially capitalize on price movements in these essential assets.
- Stocks - With a total of 185 different CFDs on stocks, IQ Option offers traders the opportunity to invest in stocks of renowned global companies. From AstraZeneca to Tesla, Nike, and Citigroup, among others, traders can diversify their portfolios and engage in stock trading with ease.
- ETFs - IQ Option provides access to 23 different ETFs, enabling traders to bolster their portfolios with a range of investment options. These include UltraPro Short QQQ, S&P 500 ETF, Gold Miners ETF, and more, offering flexibility and diversification for investors seeking exposure to various market sectors.
Final Comments
The IQ Option VIP account offers a compelling package of benefits for experienced traders with the necessary capital or trading volume. From potentially higher returns to personalized guidance and exclusive resources, the VIP program equips traders with the tools and support to navigate the complexities of the market with greater confidence.
However, before committing to the VIP program, it's crucial to carefully consider the minimum deposit/trading volume requirements and the ongoing conditions for maintaining VIP status. Ultimately, the decision to pursue a VIP account hinges on your individual trading goals, risk tolerance, and financial resources. By carefully weighing the pros and cons, you can determine if the IQ Option VIP account is the right fit to elevate your trading experience.