Last updated: 8 October 2026. Every screenshot below was recorded that day (Singapore time) on an IQ Option Practice account registered in Singapore, over a connection that IQ Option recognised as Singapore. We stopped before the final payment button, so no money was sent.
You can open an account in Singapore dollars on IQ Option: the currency step offers SGD, EUR, GBP and USD, and the smallest deposit we could enter was S$ 15. The cashier recommended Visa / Mastercard, Apple Pay and Google Pay, listed seven cryptocurrencies, and offered one local method, Maybank. Skrill and Neteller were not there at all. This guide follows a S$ 15 card deposit step by step, then covers Maybank, Tether (USDT), the limits we saw, withdrawals and what the Monetary Authority of Singapore says about IQ Option.
You can open an account in Singapore dollars on IQ Option: the currency step offers SGD, EUR, GBP and USD, and the smallest deposit we could enter was S$ 15. The cashier recommended Visa / Mastercard, Apple Pay and Google Pay, listed seven cryptocurrencies, and offered one local method, Maybank. Skrill and Neteller were not there at all. This guide follows a S$ 15 card deposit step by step, then covers Maybank, Tether (USDT), the limits we saw, withdrawals and what the Monetary Authority of Singapore says about IQ Option.Quick answer
- Minimum: S$ 15 on every method we opened (about €10, £10 or $10 on the deposits page).
- Fee: 0% from IQ Option on every method.
- In our cashier: Visa / Mastercard, Apple Pay and Google Pay (instant), Maybank (1 to 5 minutes) and seven cryptocurrencies (5 to 60 minutes). No Skrill or Neteller.
- Limits we saw: Visa / Mastercard and Apple Pay S$ 15–14,553; Maybank and Tether (USDT) TRC20 S$ 15–1,430,000.
- Currency: SGD, EUR, GBP or USD, chosen before your first deposit and fixed after it.
- Withdrawals: one free per month, then 2% (at most S$ 43); cards, Volet.com and WebMoney from S$ 3, crypto from S$ 15.
- Local rules: MAS lists IQ Option on its Investor Alert List; read the note before you deposit.
How to deposit on IQ Option in Singapore, step by step
We followed the steps with Visa / Mastercard, the first method in the Singapore cashier. The numbers on each screenshot give the click order.
Step 1: Click Deposit
Open the traderoom and click the green Deposit button in the top right corner, next to your balance (1). A new account starts with $10,000 of virtual Practice money.
Step 2: Choose “Top up your account”
The Make a Deposit window shows two accounts: Practice ($10,000) and Real (S$ 0.00 on ours). The grey Refill to $10,000 button only resets the virtual Practice balance. For real money, click Top up your account (1).
Step 3: Choose Visa / Mastercard
Three methods sit under “Recommended”: Visa / Mastercard, Apple Pay and Google Pay, all marked instant. Seven cryptocurrencies follow, and under “Other methods” there is Maybank at 1 to 5 minutes. Click Visa / Mastercard (1). The banner above the list offers a welcome bonus of up to 100% with the code IQWELCOME, which read “Expires 18 Oct 2026” on the day we recorded.
Step 4: Choose SGD as the account currency
The next screen asks for the currency of your real account. The choices were SGD, EUR, GBP and USD. Select SGD (1) and click Next (2). IQ Option warns that you cannot change the currency after your first deposit, so decide first whether you want to keep your balance in Singapore dollars or in US dollars.
Step 5: Enter the amount and look at the bonus
Type an amount (1) or tap one of the eight quick amounts. S$ 15 was the smallest, and the field accepted up to S$ 14,553 for a card. The code IQWELCOME was already applied (2). On S$ 15 it added 50% (S$ 7.50), so S$ 22.50 would be credited. The tiles showed +80% on S$ 45, +90% on S$ 75 and S$ 150, and +100% from S$ 375. To skip the bonus, remove the code with the × before you pay, and read its terms behind the (i) icon first.
Typing S$ 1 turns the field red and shows the range, “From S$ 15 to S$ 14,553”. Below it the form says “Deposit S$ 13 or more to get a bonus”, which is lower than the S$ 15 minimum, so in practice the bonus applies to every amount you can send.
Step 6: Enter your card details and confirm
Fill in the card number, the expiry date (MM/YY), the cardholder’s name and the three digits on the back (1). Save my card for future instant payments is ticked by default (2); untick it if you do not want the card stored. Tick the terms box (3) and click Deposit S$ 15 (4). Use a card in your own name.
We stopped on this screen and sent no payment.
All deposit methods in Singapore
This is what the cashier and IQ Option’s own deposits page showed on 8 October 2026. The page lists S$ 15, €10, £10, $10 or 700 RUB as the minimum for Visa / Mastercard, Volet.com, Apple Pay and Google Pay, and S$ 15 (€12, £11, $14) for Maybank.
| Method | Time shown | Limits and notes |
|---|---|---|
| Visa / Mastercard | Instant | S$ 15 to S$ 14,553 |
| Apple Pay | Instant | S$ 15 to S$ 14,553 |
| Google Pay | Instant | Minimum S$ 15 on the deposits page; not opened in our cashier |
| Maybank | 1 to 5 minutes | S$ 15 to S$ 1,430,000 |
| Volet.com | Instant on the deposits page | S$ 15 on the deposits page; not in our cashier |
| 7 cryptocurrencies | 5 to 60 minutes | Tether (USDT) TRC20: S$ 15 to S$ 1,430,000 |
Every method on the deposits page has 0% commission. The seven cryptocurrencies are in the cashier but not on the page, while Volet.com is on the page but was not in our cashier.
Paying with Maybank
Maybank is the one local method. It took S$ 15 to S$ 1,430,000 and is listed at 1 to 5 minutes. After the currency step, type the amount (1), look at the bonus code (2), tick the terms (3) and click Proceed to Payment (4). IQ Option says you will be redirected to a payment page to finish, so your online-banking login is not typed on IQ Option. We stopped before that step.
The withdrawals page has no Maybank or other bank-transfer row for a Singapore account, so plan on withdrawing to a card, a wallet or crypto.
Depositing with Tether (USDT) and other crypto
The cashier lists Bitcoin, Cardano, Ethereum (ERC-20), Litecoin, XRP, Tether (USDT, TRC20) and USDC (BNB Smart Chain), each at 5 to 60 minutes. IQ Option converts the coin into your account currency, so no crypto stays on the platform. The Tether TRC20 form accepted S$ 15 to S$ 1,430,000. Enter the amount (1), read the grey note (2), tick the terms (3) and click Proceed to Payment (4). The note says the wallet address on the next page can be reused for any amount “equal to or greater than $10”, although the form’s own minimum was S$ 15, so use the form’s figure. Send USDT on the TRC20 network only. See does IQ Option accept crypto for more.
Withdrawing from IQ Option in Singapore
The withdrawals page for a Singapore account gives one free withdrawal per calendar month, whatever the method (1). After that IQ Option charges 2%, at most S$ 43 (or $30, €30 or £25).
- Cards: Visa and MasterCard from S$ 3, listed as instant. The page warns that your bank can take up to 21 calendar days to process a card withdrawal (2).
- E-wallets: Volet.com (USD) and WebMoney WMZ from S$ 3, each in 1 to 24 hours.
- Crypto: six coins from S$ 15, in 1 to 24 hours: Cardano, Ethereum (ERC-20), Litecoin, XRP, Tether (USDT) TRC20 and USDC (BNB Smart Chain). Bitcoin is not in IQ Option’s official withdrawals table; the withdrawal lists inside our accounts in other countries on 8 October 2026 did show Bitcoin (BTC), so check your own 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. Our Singapore withdrawal guide shows what the withdrawal page of a Singaporean account lists.
Check the rules in Singapore first
IQ Option accepts Singapore sign-ups, but that does not mean the Monetary Authority of Singapore (MAS) approves it. MAS lists “IQ Option Europe Ltd; IQ Option Ltd” on its Investor Alert List, with a listing date of 7 April 2017. The list names persons who may be wrongly seen as licensed or authorised by MAS, and MAS says it is not exhaustive. We read the entry on 5 October 2026. It is a warning list, not a block, and we found no action against anyone who writes about IQ Option in Singapore. We are not lawyers, so check what applies to you before you deposit, and never put in money you cannot afford to lose. Our IQ Option legitimacy check lists the regulators that have commented.
If your deposit has not arrived
- Ask your card issuer. Some Singapore banks block card payments to overseas merchants until you allow them in the banking app. Apple Pay and Google Pay use the same card.
- Check the crypto network. Send each coin only on the network named in the method, for example TRC20 for Tether.
- Contact support. Use the chat in 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 of your account. Our other step-by-step deposit guides, recorded the same way:
- Thailand: Kasikorn, SCB, Krungthai QR
- Vietnam: Vietcombank QR, BIDV, VietQR
- Philippines: GCash, Maya, QRPH
- Malaysia: Maybank, CIMB, DuitNow QR
- Cambodia: Cards, Skrill, Thai banks, USDT
- Laos: Mastercard, Apple Pay, Thai banks, USDT
- Hong Kong: Visa, Mastercard, USDT
- Brunei: Visa, Mastercard, Skrill, Neteller, USDT
Every country guide is in the grid on the IQ Option deposit guide.
The IQ Option deposit guide explains the general steps.
Frequently Asked Questions
Q: What is the minimum deposit on IQ Option in Singapore?
A: S$ 15 on our account, which is about €10, £10 or $10 on the deposits page of 8 October 2026. Maybank is listed at €12, £11 or $14 for the same S$ 15.
Q: Can I deposit in Singapore dollars?
A: Yes. The currency step offered SGD, EUR, GBP and USD. The choice is fixed after your first deposit.
Q: Can I use PayNow or a Singapore bank transfer?
A: Not in our cashier. The only local method was Maybank. PayNow was not in the list.
Q: Can I deposit with Apple Pay or Google Pay?
A: Both are in the Singapore cashier, listed as instant, and Apple Pay accepted S$ 15 to S$ 14,553. We did not open the Google Pay form.
Q: Does IQ Option charge a deposit fee in Singapore?
A: No. Every method on IQ Option’s deposits page showed 0% commission. Your bank or exchange may charge its own fees.
Q: How do I withdraw from IQ Option in Singapore?
A: To a card (from S$ 3), Volet.com or WebMoney WMZ (from S$ 3), or to one of six cryptocurrencies (from S$ 15). One withdrawal per calendar month is free; after that IQ Option charges 2%, at most S$ 43.
Q: Do I have to take the welcome bonus?
A: No. The code IQWELCOME was pre-applied. Remove it with the × in the amount step if you do not want it.
Q: Is it allowed to trade on IQ Option from Singapore?
A: We cannot give legal advice. MAS has listed IQ Option on its Investor Alert List since 2017, a list of firms that may be wrongly seen as licensed or authorised by MAS. Read the note above and check the rules that apply to you.
