Guide to the IQ Option VIP account
Overview of the IQ Option VIP account
IQ Option offers traders the opportunity to open a VIP account. Opening one requires you have a larger initial deposit than normal accounts. But is this worth it? Yes. This account comes with perks normal account holders don't get.
These perks make trading and profiting easier. In this guide, we'll go through the steps necessary to open an IQ option VIP account. You'll also learn about some of the benefits you'll get as a VIP account holder.
How to become VIP in IQ Option?
Opening an IQ Option VIP account
The VIP account is only available to traders residing outside the EU and North America. To qualify, you'll need to make a minimum deposit of $1900 or have a trading volume of $15000 within a period of 3 months.
Other benefits VIP account holders get at IQ Option
Higher returns on options trading How about an extra 2% above the regular 80% you would get on successful trades. One major benefit VIP account holders have over other traders is higher returns on successful trades.
This makes it easier to grow your account faster. The returns can be as high as 92%. This means even if you have losing trades, it's easier for you to recover the losses with a few winning trades compared to a normal account holder.
Another advantage of being an IQ Option VIP is that you'll get a personal account manager. The account manager simply helps with any issues regarding your trading account. This allows you to focus on trading. Another VIP account privilege is faster withdrawals processing.
Many of the VIP account withdrawals are processed within 24 hours. As a VIP account holder, you'll get access to all tournaments offered by IQ Option. Some high paying tournaments aren't available to normal account holders. As a new VIP account holder, you'll also get 4 quality trading eBooks. These will get you started trading faster.
4 high quality trading eBooks for IQ Option VIPs only
Considerations to make when opening a VIP account
Opening a VIP trading account might bring you special perks. But this doesn't mean that you should leave your trading to your personal account manager.
Remember that this is your money. So it's your job to ensure that you keep it and make money from it. Trade your VIP account like you still have limited capital. All other IQ Option rules apply when using the VIP account.
IQ Option is also likely to keep an eye on your account just in case it's being used for money laundering. If you use your account for illegal stuff, it's likely to be shut down.
Thinking of opening an IQ Option VIP account? Be sure to contact their support team to know what other hidden perks they have for you.
IQ Option VIP accounts are only available to traders residing outside EEA countries.
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