Contents
- 1 Quick answer
- 2 How to deposit on IQ Option in the Philippines, step by step
- 3 All deposit methods in the Philippines
- 4 Depositing with a bank card in the Philippines
- 5 Depositing with crypto from the Philippines
- 6 Withdrawing from IQ Option in the Philippines
- 7 If your deposit has not arrived
- 8 Deposit guides for other countries
- 9 Frequently Asked Questions
- 10 GENERAL RISK WARNING
Last updated: 5 October 2026. Every screenshot below was recorded that day (Philippine time) on an IQ Option Practice account registered in the Philippines, over a Philippine connection. We stopped before the final payment button, so no money was sent.
To deposit on IQ Option from the Philippines, you open the cashier, choose GCash, Maya or another local method, set pesos (PHP) as your account currency, enter at least ₱580 and confirm. GCash and Maya asked for no other details on our account. This guide shows each step with GCash on the Philippine cashier. It then covers the other methods, card deposits, the official minimums and how withdrawals to GCash, Maya and Philippine banks work.
Quick answer
- Minimum: ₱580 for every method, or $10, €10 or £10.
- Fee: 0% from IQ Option on every method.
- Time: GCash, Maya, QRPH and GrabPay 1–5 minutes; Mastercard and e-wallets instant.
- Limits we saw: GCash and Maya ₱580–50,000; Mastercard ₱580–693,588.
- Bonus: starts at ₱630, so the ₱580 minimum gets none.
- Withdrawals: one free per month, then 2% (at most ₱1,500); to GCash or Maya from ₱580, or to 8 Philippine banks from ₱500.
How to deposit on IQ Option in the Philippines, step by step
We followed the steps with GCash, the first method the Philippine cashier recommends. The numbers in each screenshot show where to click, in order.
Step 1: Click Deposit
In the traderoom, click the green Deposit button at the top right, next to your balance (1).
Step 2: Choose “Top up your account”
The Make a Deposit window shows your free Practice balance ($10,000) and your real account, which on a Philippine account is in pesos (₱0.00). Refill to $10,000 only refills the Practice account with virtual money, which cannot be withdrawn. To deposit real money, click Top up your account (1).
Step 3: Choose GCash
The Philippine cashier recommends GCash, Maya and Maya QR. Below them it lists seven cryptocurrencies and the other methods: QRPH, GrabPay, PHP VCA, VA PHP, Mastercard, Visa, Apple Pay, Google Pay and e-wallets. Click GCash (1).
Step 4: Choose pesos (PHP) as your account currency
Before your first deposit, the cashier asks for the currency of your real account. A Philippine account can choose PHP, EUR, GBP or USD. Select PHP (1) and click Next (2). IQ Option warns that you cannot change the currency after your first deposit. If you pay and withdraw in pesos, PHP keeps your balance in pesos.
Step 5: Enter the amount and check the bonus
Type the amount (1) or click one of the quick amounts. GCash accepted ₱580 to ₱50,000 on our account, and the field marks anything outside that range in red.
The welcome-bonus code IQWELCOME was already applied (2), but in the Philippines the bonus starts at ₱630, so the ₱580 minimum gets no bonus. On ₱1,000 it added 60% (₱600), and the quick amounts showed up to +100% from ₱20,000. If you do not want a bonus, remove the code with the × before you pay, and read the bonus terms behind the (i) icon first.
Step 6: Accept the terms and confirm
GCash asked for no payment details on our account. Tick the box to accept the terms (1) and click Proceed to Payment (2). IQ Option then sends you to the payment page to complete the payment.
We stopped at this screen and did not pay. The cashier lists GCash at 1 to 5 minutes.
All deposit methods in the Philippines
These are the methods we saw on our Philippine account on 5 October 2026, with the time the cashier shows. IQ Option’s deposits page lists the same minimum for all of them: ₱580, or $10, €10 or £10.
| Method | Time shown in the cashier | Notes |
|---|---|---|
| GCash | 1–5 minutes | ₱580 to ₱50,000; no details asked |
| Maya | 1–5 minutes | ₱580 to ₱50,000; no details asked |
| Maya QR, QRPH, GrabPay, PHP VCA, VA PHP | 1–5 minutes | |
| Mastercard | Instant | ₱580 to ₱693,588 |
| Visa | “Fast verification” | |
| Apple Pay, Google Pay | Instant | |
| Skrill, Neteller, Volet.com | Instant | |
| 7 cryptocurrencies | 5–60 minutes | Converted to your account currency |
Every method on IQ Option’s deposits page has 0% commission. Help2Pay, which older guides describe for the Philippines, was not in the list.
Depositing with a bank card in the Philippines
Mastercard and Visa are in the Philippine cashier’s list of other methods. Choose your card, set the currency and enter the amount: the Mastercard form accepted ₱580 to ₱693,588 (1). Then enter the card number, the expiry date (MM/YY), the cardholder’s name and the CVC, the three digits on the back of the card (2). Accept the terms and confirm the deposit. Use a card in your own name.
Depositing with crypto from the Philippines
The Philippine cashier listed the same seven coins we saw in other countries: Tether (USDT, TRC20), Bitcoin, Ethereum (ERC-20), XRP, USDC (BNB Smart Chain), Litecoin and Cardano, each at 5 to 60 minutes. IQ Option converts the coins to your account currency, so you do not hold crypto on the platform. See does IQ Option accept crypto for the full steps.
Withdrawing from IQ Option in the Philippines
IQ Option’s withdrawals page for a Philippine account gives you one free withdrawal per calendar month, whatever the method (1). After that, IQ Option charges 2%, at most ₱1,500 (or $30, €30 or £25).
- GCash and Maya: from ₱580, in 1 to 24 hours (2).
- Philippine banks: from ₱500, in 1 to 24 hours. The page lists 8 banks: BDO (Banco De Oro), BPI, Land Bank, PNB, RCBC, Metrobank, Security Bank and UnionBank.
- Cards: from ₱120. The page notes that your bank can take up to 21 calendar days to process a card withdrawal.
- E-wallets: Skrill, Volet.com and WebMoney from ₱120, Neteller from ₱606.
- Crypto: six coins from ₱700. Bitcoin was not in the withdrawal list.
The page also asks you to allow up to 3 business days for a withdrawal request to be processed. Read how to withdraw from IQ Option for the steps.
If your deposit has not arrived
- Check the time for your method. GCash, Maya, QRPH and GrabPay are listed at 1 to 5 minutes.
- Check the payer. Pay from a GCash, Maya or bank account in your own name.
- Contact support. Use the chat inside the platform (Chats & Support in the left sidebar) or email support@iqoption.com. See our support guide.
Deposit guides for other countries
The methods depend on the country your account is registered in. Our other step-by-step deposit guides, recorded the same way:
- Brazil: PIX, PicPay, Boleto, cards
- Mexico: SPEI, OXXO, cards
- Peru: Yape, Plin, BCP
- Chile: WebPay, Mach, Khipu
- Colombia: Nequi, PSE, Efecty
- Argentina: Mercado Pago QR, MODO, Rapi Pago
- Thailand: Kasikorn, SCB, Krungthai QR
- Vietnam: Vietcombank QR, BIDV, VietQR
- Nigeria: Bank transfer, OPay, PalmPay
- South Africa: FNB, ABSA, Standard Bank
- Malaysia: Maybank, CIMB, DuitNow QR
- United Arab Emirates: Card, Apple Pay, USDT
The IQ Option deposit guide explains the general steps.
Frequently Asked Questions
Q: What is the minimum deposit on IQ Option in the Philippines?
A: ₱580, or $10, €10 or £10, for every method. That is what IQ Option’s deposits page showed for a Philippine account on 5 October 2026.
Q: Can I deposit on IQ Option with GCash or Maya?
A: Yes. Both accepted ₱580 to ₱50,000, are listed at 1 to 5 minutes and asked for no extra details on our account.
Q: Do I get the bonus on the minimum deposit?
A: No. In the Philippines the bonus starts at ₱630, above the ₱580 minimum. On ₱1,000 the code IQWELCOME added 60%. You can remove the code with the × if you do not want a bonus.
Q: Does IQ Option charge a deposit fee in the Philippines?
A: No. Every method on IQ Option’s deposits page showed 0% commission. GCash, Maya or your bank may charge their own fees.
Q: Which account currency should I choose?
A: A Philippine account can choose PHP, USD, EUR or GBP. The choice is fixed after your first deposit. If you pay and withdraw in pesos, PHP avoids converting your balance.
Q: Can I withdraw to GCash?
A: Yes. GCash and Maya withdrawals start at ₱580 and take 1 to 24 hours. One withdrawal per calendar month is free; after that IQ Option charges 2%, at most ₱1,500.
