Payments guide · IQ Option Malaysia
IQ Option Deposits and Withdrawals in Malaysia: Minimums, Methods, Times and Fees
The minimum deposit is RM42 by card, Apple Pay, Google Pay or Volet, RM50 by a Malaysian bank and RM100 by DuitNow QR. Withdrawals start from RM10, and the first withdrawal each calendar month is free. Maybank and CIMB withdrawals show 1 to 24 hours in the app. Trading options and CFDs is high risk and you can lose all the money you deposit.
Minimum deposit and minimum withdrawal
On a MYR account the app showed these minimums on 4 October 2026, and they differ by method: RM42 applies only to cards and e-wallets.
| Item | Amount |
|---|---|
| Deposit by card, Apple Pay, Google Pay or Volet | RM42 |
| Deposit by a Malaysian bank (Help2Pay) | RM50 |
| Deposit by DuitNow QR | RM100 |
| Deposit by crypto | $10 equivalent |
| Maximum deposit by bank or DuitNow QR | RM50,000 per deposit |
| Withdrawal by card or Volet | RM10 |
| Withdrawal by bank or crypto | RM50 |
The account currency is MYR, USD, EUR or GBP. You choose it at your first deposit and it is locked after that. If you pay in a currency other than the account's, IQ Option charges a 4% conversion fee, so choose MYR when you pay from a Malaysian bank.
Can I change the account currency?
No, it stays locked after the first deposit. See the account currency rules.
IQ Option deposit methods in Malaysia
IQ Option charges no deposit fee on any method.
| Method | Minimum | Time | IQ Option fee | Notes |
|---|---|---|---|---|
| Malaysian banks via Help2Pay: Maybank, CIMB Bank, Hong Leong Bank, Public Bank, RHB Bank, AmBank | RM50 | 1 to 5 minutes | 0% | Maximum RM50,000 per deposit. |
| DuitNow QR | RM100 | 1 to 2 minutes | 0% | Maximum RM50,000 per deposit. The QR works once. |
| Visa or Mastercard | RM42 | Instant | 0% | Use a card in your own name. |
| Apple Pay, Google Pay | RM42 | Instant | 0% | Deposit only. |
| Volet | RM42 | Instant | 0% | Use a wallet in your own name. |
| Crypto: Bitcoin, Cardano (ADA), Ethereum (ERC-20), Litecoin, Ripple (XRP), Tether USDT (TRC20), USD Coin (BNB Smart Chain) | $10 equivalent | 5 to 60 minutes | 0% | The deposit address is permanent. Send only the coin and network shown. |
Your bank or card issuer may charge its own fee.
Deposit from a Malaysian bank or with DuitNow QR
Maybank, CIMB and other banks (Help2Pay)
- Log in to your IQ Option account.
- Open "Deposit".
- Choose your bank: Maybank, CIMB Bank, Hong Leong Bank, Public Bank, RHB Bank or AmBank.
- Enter the amount, from RM50. If you have a promo code, enter it in the "PROMOTION" field.
- Enter your full name exactly as it appears in your online banking.
- Finish the payment in your online banking as the payment page shows. The money arrives in 1 to 5 minutes.
DuitNow QR
- Open "Deposit" and choose DuitNow QR.
- Enter the amount, from RM100.
- Enter your first name, your surname and a phone number that starts with 60 (11 to 12 digits).
- Pay the QR code shown.
- After you pay, tap "I have paid". The money arrives in 1 to 2 minutes.
Each QR works once. Make a new one for every payment, and don't pay an old QR.
Deposit with crypto
You can deposit Bitcoin, Cardano (ADA), Ethereum (ERC-20), Litecoin, Ripple (XRP), Tether USDT (TRC20), USD Coin (BNB Smart Chain). The minimum is $10 equivalent and IQ Option charges 0%. A deposit takes 5 to 60 minutes, and the deposit address is permanent.
Withdrawal methods and times
The times below are what the app shows once IQ Option has approved the withdrawal.
| Method | Minimum | Commission | Time in the app |
|---|---|---|---|
| Visa or Mastercard | RM10 (one card row shows RM13) | 2%, max RM125 | Instant on IQ Option's side. Your bank can take up to 21 days to show a card refund. |
| Maybank, CIMB Bank, Hong Leong Bank, Public Bank, RHB Bank | RM50 | 2%, max RM125 | 1 to 24 hours |
| AmBank | RM50 | 2%, max RM125 | 1 to 24 business days |
| Crypto: Cardano (ADA), Ethereum (ERC-20), Litecoin, Ripple (XRP), Tether USDT (TRC20), USD Coin (BNB Smart Chain) | RM50 | 2%, max RM125 | 1 to 24 hours |
| Volet | RM10 | 2%, max RM125 | 1 to 24 hours |
† The first withdrawal of each calendar month is free on every method. After that the commission is 2%, up to RM125.
There is no Bitcoin withdrawal. DuitNow QR, Apple Pay and Google Pay are for deposits only.
IQ Option approves withdrawals within up to 3 business days, and the method time above starts after that. Don't count on a fixed total.
Rule: withdraw to the same method you deposited with where possible, and always to an account in your own name
To withdraw to a bank, deposit from that bank: the money goes back to your own Malaysian bank account. Crypto goes back to a wallet, and Volet to the same Volet. Card refunds come first, capped at your card deposits of the last 180 days, and the rest goes to another method. A withdrawal to a third-party account is refused.
If a card refund has not arrived after 21 days, send a stamped bank statement to docs@iqoption.com.
Verify your account before your first withdrawal
You can deposit and trade before you verify, but IQ Option pays out nothing until the account is verified. Send the documents early, so the check is already behind you when you want to withdraw.
| Document | What to send | Requirements |
|---|---|---|
| Proof of identity | Passport photo page, MyKad, driving licence or residence permit | Valid. Shows your full name, photo, date of birth, expiry date and document number. |
| Proof of address | Utility bill, bank statement or tax bill | Dated within the last 3 months. |
| Card (card deposits) | Photos of both sides of the card | Only the first 6 and last 4 digits visible. Cover the CVV. |
| E-wallet (e-wallet deposits) | Screenshot of the wallet profile | Your name must be visible. |
Checking usually takes up to 3 business days. If IQ Option asks for documents, send them within 7 days. After 14 days without them, the account can be closed.
The full steps are in how to verify your account.
Common reasons for rejection
- Blurred or cropped photo. Retake it in good light so every line of text is readable.
- Not all four corners visible. Lay the document flat and keep all four corners in the frame.
- Expired document. Send one that is still valid.
- Address document older than 3 months. Send a bill or statement dated within the last 3 months.
- Name different from your account or bank. Use documents that show the same name as your IQ Option account and your bank.
How to withdraw from IQ Option
- Log in to your IQ Option account.
- Open "Withdraw funds".
- Choose the withdrawal method.
- Enter the amount.
- Confirm the request.
Approval takes up to 3 business days. After that, the method time in the table above starts.
You can withdraw only from a verified account. See how to verify your account.
Deposit and withdrawal fees
| Fee | Amount |
|---|---|
| Deposit | 0%. Your bank or card issuer may charge its own fee. |
| First withdrawal each calendar month | Free |
| Later withdrawals | 2%, up to RM125 on a MYR account ($1 minimum, $30 maximum on a USD account) |
| Expedited withdrawal | 5% |
| Bank wire | $31 flat, up to 45 business days |
| Currency conversion | 4% when the currencies differ |
| Inactivity fee | €10 a month after 90 days with no trade or deposit |
For trading costs, see the fees section of our review.
Active bonus and withdrawals
While a deposit bonus (2026IQ or IQWELCOME) is active, you can't withdraw until you finish the wagering of 40 times the bonus.
You can cancel the bonus instead. Cancelling removes the bonus and the profit made with it. See how to cancel a bonus.
| Deposit | Bonus | Total credited |
|---|---|---|
| RM50 | 50% | RM75 |
| RM100 | 80% | RM180 |
| RM200 | 90% | RM380 |
| RM400 | 90% | RM760 |
| RM1,000 or more | 100% | RM2,000 at RM1,000 |
Wagering of 40 times the bonus on options within 30 days.
Open an account with IQWELCOME →Enter the code in the "PROMOTION" field on the deposit screen before you confirm. Example: deposit RM50, get RM50 more, and your balance is RM100.
Deposit with 2026IQ →For the full terms of both codes, see promo codes. Your capital is at risk.
Check this before you withdraw
Each item you can't tick is a likely reason for a refusal or a delay.
Withdrawal delayed or rejected: causes and fixes
The account is not verified
You can't withdraw before verification.
Fix: verify the account first. See the verification steps.
The name does not match
The bank, card or wallet is not in your name, or the name you entered does not match your online banking.
Fix: withdraw only to an account in your own name. For Help2Pay deposits, type your full name exactly as in your online banking.
A bonus is still active
You can't withdraw until the wagering is done.
Fix: finish the wagering of 40 times the bonus, or cancel the bonus and lose the profit made with it. See cancel a bonus.
The amount is below the minimum
The app refuses a request under the minimum.
Fix: withdraw at least RM10 by card or Volet, or RM50 by bank or crypto.
The card amount is above your card deposits
A card withdrawal is capped at what you deposited by card in the last 180 days.
Fix: take the card part by card and send the rest to another method, in your own name.
The card refund has not appeared after 21 days
IQ Option sends a card refund at once, but your bank can take up to 21 days to show it.
Fix: if it still has not arrived after 21 days, send a stamped bank statement to docs@iqoption.com.
A fair-usage penalty
Depositing and withdrawing 50% or more without real trading can bring a penalty of up to 5% and account suspension.
Fix: trade for real and don't use the account only to move money. If you have a penalty, ask support.
Still stuck? Read how to contact IQ Option support.
Touch 'n Go, Boost, GrabPay and PayPal
Touch 'n Go eWallet, Boost, GrabPay, FPX and PayPal are not in the method list on a MYR account (checked 4 October 2026). Use a method in the tables above.
Start with the free demo
Open the $10,000 demo account first, or make your first deposit when you are ready. Deposit only money you can afford to lose: trading options and CFDs is high risk and you can lose all the money you deposit.
Open an IQ Option accountFrequently asked questions
What is the IQ Option minimum deposit in Malaysia?
The minimum is RM42 by card (Visa or Mastercard), Apple Pay, Google Pay or Volet, RM50 by a Malaysian bank through Help2Pay, RM100 by DuitNow QR and $10 equivalent by crypto. These are the amounts shown on a MYR account on 4 October 2026.
What is the minimum withdrawal?
RM10 by card or Volet, and RM50 by Maybank, CIMB Bank, Hong Leong Bank, Public Bank, RHB Bank, AmBank or crypto.
How long does an IQ Option withdrawal take in Malaysia?
IQ Option approves a withdrawal within up to 3 business days. After that, the app shows 1 to 24 hours for Maybank, CIMB Bank, Hong Leong Bank, Public Bank, RHB Bank, Volet and crypto, and 1 to 24 business days for AmBank. A card refund is instant on IQ Option's side, but your bank can take up to 21 days to show it. Don't count on a fixed total time.
Can I deposit with Maybank or CIMB?
Yes. Maybank and CIMB Bank are in the bank list with Hong Leong Bank, Public Bank, RHB Bank and AmBank, through Help2Pay. The minimum is RM50, the maximum is RM50,000 per deposit and the money arrives in 1 to 5 minutes. Enter your full name exactly as it appears in your online banking.
How do I deposit with DuitNow QR?
Open Deposit and choose DuitNow QR. Enter the amount from RM100, then your first name, surname and a phone number that starts with 60 (11 to 12 digits). Pay the QR code and tap "I have paid". The money arrives in 1 to 2 minutes. Each QR works once, so make a new one for every payment.
Is there a withdrawal fee?
The first withdrawal each calendar month is free. After that the commission is 2%, up to RM125 on a MYR account. IQ Option charges nothing for deposits. Other costs are 5% for an expedited withdrawal, a flat $31 for a bank wire and 4% for currency conversion.
Can I use Touch 'n Go eWallet, Boost or PayPal?
No. Touch 'n Go eWallet, Boost, GrabPay, FPX and PayPal are not in the method list on a MYR account (checked 4 October 2026). Anyone who offers to top up your account through their own e-wallet is making a third-party payment, which IQ Option bans, and it is a common scam route.
Why is my withdrawal delayed or rejected?
The usual causes are an unverified account, a name that does not match, an active bonus, an amount below the minimum, a card withdrawal above your card deposits of the last 180 days and the fair-usage rule. IQ Option also takes up to 3 business days to approve a withdrawal before the method time starts.
Can I withdraw while a bonus is active?
No, not until you finish the wagering of 40 times the bonus, unless you cancel the bonus. Cancelling removes the bonus and the profit made with it.
Can I change my account currency to MYR later?
No. The account currency is locked after the first deposit, and a payment in a different currency carries a 4% conversion fee. You can have one account only, so a second account in MYR is not an option.