Global Broker Regulation Inquiry App

WikiFX

Broker Search

English

简体中文繁體中文 English Pусский 日本語 ภาษาไทย Tiếng Việt Bahasa Indonesia Español हिन्दी Filippiiniläinen Français Deutsch Português Türkçe 한국어 العربية

Download

No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

IQTrade

United Kingdom | 2-5 years |

Suspicious Regulatory License | Self-developed | Suspicious Scope of Business | High potential risk

https://www.iqtrade.me/

Website

Time Machine

Rating Index

Contact

https://www.iqtrade.me/

https://x.com/iqtradeId

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!

2025-11-02

It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

United Kingdom

Operating Period

2-5 years

Company Name

I&Q Financial LLC

Company Website

https://www.iqtrade.me/

https://x.com/iqtradeId

Instagram

https://www.instagram.com/iqtrade.id/

Website

Genealogy

Relevant Enterprises

Employees

Company Summary

Wiki Q&A

Comment

Users who viewed IQTrade also viewed..

XM

9.10

Score

ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License

Score

9.10

ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License

Details

Official website

CPT Markets

8.51

Score

ECN Account 10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License

CPT Markets

Score

8.51

ECN Account 10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License

Details

Official website

Vantage

8.76

Score

ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License

Vantage

Score

8.76

ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License

Details

Official website

fpmarkets

8.88

Score

ECN Account Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License

fpmarkets

Score

8.88

ECN Account Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License

Details

Official website

Website

iqtrade.me

34.143.200.70

Server Location

Singapore
ICP registration

--
Most visited countries/areas

--
Domain Effective Date

--
Website

--
Company

--

Genealogy

VIP is not activated.

Please visit the WikiFX App to be our VIP.

Open Now

Relevant Enterprises

I&Q Financial LLC(Colorado (United States))

Active

United States

Registration No. 20221818637

Established 2022-10-13

Related sources Website Announcement

Employees

IMAM HADIANSYAH HIDAYAT

Agent

Address

390 Interlocken Crescent, Suite 800, Broomfield, CO, 80021, US

I&Q Financial LLC(Colorado (United States))

Company Summary

IQTradeReview Summary
Founded	2022
Registered Country/Region	Greece
Regulation	No regulation
Market Instruments	Futures
Demo Account	❌
Leverage	Up to 1:500
Spread	From 1.5 pips (Standard account)
Trading Platform	MT5, Web Platform, Mobile Platform
Min Deposit	$100
Customer Support	Contact form
	X, Youtube, Instagram
	X: https://twitter.com/iqtradeId
	Youtube: https://www.youtube.com/channel/UC8o-JNRX2A50-oUgi9YohPw
	Instagram: https://www.instagram.com/iqtrade.id/

IQTrade Information

Founed in 2022, IQTrade is an unregulated broker registered in Greece, offering futures trading with leverage up to 1:500 and spread from 1.5 pips on the Standard account through the MT5, Web and Mobile trading platforms. Demo accounts are not available and the minimum deposit requirement to open a live account is $100.

Pros and Cons

Pros	Cons
Multiple account types	New to the market
MT5 platform	No regulation
	Limited tradable asset classes
	No demo accounts
	Unknown payment methods

Is IQTrade Legit?

No. IQTrade currently has no valid regulations. Please be aware of the risk!

What Can I Trade on IQTrade?

Tradable Instruments	Supported
Futures	✔
Forex	❌
Commodities	❌
Indices	❌
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

Here are four account types the broker offers:

Account Type	Min Deposit
STANDARD	$100
ECN	$2,000
PRO	$5,000
ISLAMIC	$100

Leverage

The broker offers maximum leverage of 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

IQTrade Fees

Account Type	Spread
STANDARD	From 1.5 pips
ECN	From 0.6 pips
PRO	From 0.1 pips
ISLAMIC	From 1.5 pips

The transaction fee for future products is $0.50.

The trading commission for Agent product is up to 60%.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web Platform	✔	Web	/
Mobile Platform	✔	Mobile	/
MT5	✔	PC, mobile	Experienced traders
MT4	❌		Beginners

Keywords

2-5 years
Suspicious Regulatory License
Self-developed
Suspicious Scope of Business
High potential risk

Wiki Q&A

Prash_007

1-2 years

What assets can I trade on IQTrade?

WikiFX Reply

IQTrade primarily offers futures trading. For me, this is somewhat limiting, as I prefer a broker that offers a wider variety of assets such as forex, commodities, or indices. However, if I’m specifically interested in futures, this might work for my trading style.

What are the trading fees at IQTrade?

WikiFX Reply

IQTrade offers competitive spreads, with the Standard account starting from 1.5 pips, the ECN account from 0.6 pips, and the PRO account from 0.1 pips. The spreads are reasonable, and the trading commissions are more favorable for the ECN and PRO accounts. However, for futures trading, there's a $0.50 transaction fee, which I’d need to account for in my trading costs.

Is IQTrade regulated by any financial authority?

WikiFX Reply

No, IQTrade is not regulated by any recognized financial authority. It is registered in Greece but lacks proper regulation, which makes me wary about trading with them. Without regulation, there's no guarantee that the broker will act in my best interest or follow industry standards.

How much do I need to deposit to start trading with IQTrade?

WikiFX Reply

To open a Standard account with IQTrade, the minimum deposit is $100, which seems affordable to me. However, if I wanted to upgrade to the ECN or PRO accounts, I’d need to deposit at least $2,000 and $5,000, respectively. The $100 minimum is great for beginners, but the higher minimums for advanced accounts might be a concern.