First of all, IqBroker deposit is not hard or time consuming at all. However, there are two different ways of the whole process for traders from different countries. To be more precise, the 1st way is for those who live in the EEA (European Economic Area) and 2nd way for those who live in all other countries around the world.
We are going to look at both ways in this article and we will begin from deposit ( top up account ) on iqbroker from EEA countries.
Note: To make a deposit ( top up account ) from an EEA country your Iq broker trading account should be verified. When traders from all other countries won’t need to pass the verification process before deposit.
IqBroker Deposit from EEA Countries
First, you will need to log into your iqbroker’s trading account. Enter the trading room and press on the green “Deposit” ( top up account ) button. You will be able to find it at the top right corner near to your practice account’s balance.
After that, you will see this pop-up window. Here you need press on the green “Top Up Your Account” button. Moreover, you can always switch between practice and real account in this menu.
Here you will need to complete the following steps:
- Choose the payment method – Payment method will depend on the country you live in.
- Indicate the deposit amount
- Select the currency – The currency which you will select here will be your main currency for all transactions and deals.
- Accept Terms & Conditions of IqBroker
Once all that is done, press on the green “Continue” button.
Above all, transactions on iqbroker are secured by MasterCard ID Check, VISA Secure and PCI DSS Compliant.
Note: If you are doing a deposit from your bank card, you will be able to withdraw an amount not higher or equal to the one which you deposited. All other payment methods don’t have such a limitation.
IqBroker Deposit process
I chose Neteller as an example of how to complete the Iqbroker deposit process from EEA countries. After you have pressed on the “continue” button, you will see this window. Here you will need to enter the email which you used to open a Neteller account. Once this is done, press on the green “Continue” button.
This window will appear and you will need to enter the following information:
- Your Neteller email – It should be indicated already because you made it in the previous step.
- Your Neteller password
After this info is filled, press on the green “Continue” button.
The great thing is that you can also restore your Neteller password here by pressing on the “Forgot password?” button.
The next window which you will see is a confirmation of your order. Here you will be able to check the following information:
- Your Name
- Neteller Email Address
- Neteller Account ID
- Neteller Account Balance
- Order Total
Once you are sure that this info is correct, press on the green “Complete order” button.
At this step IqBroker and Neteller want to make sure that you are the actual owner of this account. You will be asked to confirm this with the following ways:
- Mobile phone – I personally recommend this option and it will be selected automatically.
- Email and Secure ID
As I said, it is better to choose Mobile phone verification and press on the green “Next” button.
After that, you will receive a 6-digit verification code on your mobile number. Open the messages and enter this number in the “verification code” field (1). You may also leave a tick to trust this payment method for the future deposits. It will make the whole deposit process less time consuming.
The verification code itself will be active for 15 minutes. If you won’t enter the code during this 15 minutes you will need to press on the “Send new code” button to receive a new code. You can also press this button if you didn’t receive the code at the first time.
Once you entered the code, press on the green “Submit” button.
IqBroker Deposit Success
As soon as you have completed all previous steps, you will see this window. It will confirm that your deposit has been made successfully. Check that deposit amount is right and press on the green “Return to iqbroker” button.
Note: If you have any questions about your deposit, copy the transaction ID which you may see at this window. Contact support and ask your question as well as provide them with the transaction ID.
Finally the last confirmation. Here you will see that the amount which you deposited was added to your trading balance. Thus, Iqbroker deposit is made successfully and you can now start trading by pressing on the orange “Trade now” button.
IqBroker Deposit from non EEA Countries
As I said at the very beginning, the deposit process from non EEA countries will be easier. What is more, it will take less time.
First off all, you don’t need to pass the verification process in order to make an iqbroker deposit. As you will register on the trading platform itself, you will see the following window. Press on the “Top Up Your Account” button.
After that, you will see this window where you will need to do the following:
- Select the payment method – I choose Mastercard as an example.
- Enter the card number
- Enter the date until which your card will be valid
- Enter the card holder’s name
- Enter CVC code – CVC code is a 3-digit number at the back side of your card.
- Select the currency
- Choose deposit amount
After all that is done, press on the “Continue” button.
Note: You will only need to pass the verification process before making a deposit if you will select the VISA payment option. All other payment methods do not require verification.