Last updated: 22 October 2026. MoreLess
Every screenshot below was recorded that day, from about 06:16 to 06:24 UTC (03:16 to 03:24 on the platform clock, UTC-3), in the English web traderoom on an IQ Option Practice account registered in Brazil. We opened the Tournaments panel, six tournaments, four Prize pool distribution windows and two leaderboards, and we did not join or pay for anything: the Join and Get registered buttons were never clicked. Names of other participants are blurred. We read IQ Option’s Help page on tournaments, its Demo and Tournament Accounts terms and its VIP page the same day.
An IQ Option tournament is a paid trading competition. Only the top traders get a prize, so the entry fee can be lost in full.
Quick answer: IQ Option tournaments in 7 points
- Where: Tournaments in the left sidebar of the web traderoom, between Market analysis and More. It opens on the Practice balance too.
- What we saw on 22 October 2026: 4 running and 11 upcoming tournaments, plus a Past Tournaments list; prize pools from $1,000 to $50,000; entry fees of $2, $3 or $4.
- How long: from 3 days (Weekend Treat, 5 to 8 November) to a month (October Global Tournament, 30 September to 31 October); Brazil Weekly runs a week.
- Ranking and prizes: by tournament balance, highest first. The prize window lists 5, 10, 30 or 40 paid places, depending on the tournament, and IQ Option’s rules say a prize is credited to the real account.
- Rebuy: refills your tournament balance and costs the fee again, in real money. The rebuy cost equalled the entry fee in all six tournaments we opened.
- Free entry: none on our list. IQ Option’s VIP page says VIP clients enter all tournaments free of charge.
- Risk: the fee and every rebuy can be lost in full. In the finished IQ Launch, 30 of 3,990 participants were in a paid place.
Work out your maximum spend before you pay
Our free worksheet adds the entry fee and the rebuys you allow yourself into one maximum planned spend. It does not rank tournaments or pick one for you.
Open the tournament cost worksheet
Risk: an entry fee and every rebuy are real money and can be lost in full. A tournament prize is not income, and nothing on this page predicts who will finish in a paid place.
Video tutorial
What is an IQ Option tournament?
IQ Option’s Help page “Tournaments” (read on 22 October 2026) puts it in four sentences. A tournament is “a competition between traders in which everyone can participate for a set fee”. Each participant “receives a tournament account with the same amount of money”. The winner “is the trader who finishes the tournament with the most money in the tournament account”. And the prize pool is usually shared among 9 to 30 of the top traders.
That gives four moving parts: a fee, a tournament account, a ranking by balance and a prize pool. IQ Option’s terms (the PDF “Demo and Tournament Accounts”, listed on its site with an update date of 29 April 2025, read on 22 October 2026) add two things. The tournament money is virtual: it is “NOT considered real money” and “may not be withdrawn”. And only the prizes are real: “The top traders in the tournaments are awarded real funds into their trading accounts.” So you play with virtual money, you pay with real money, and only a prize comes back as real money.
Do not mix tournaments up with the Leader Board item in the same sidebar. That is a separate list of the week’s real-account trades, described in our leaderboard guide.
What you need before you open the Tournaments panel
- An IQ Option account. The panel is part of the logged-in web traderoom. A Practice account needs no deposit: IQ Option’s terms say you can request more virtual funds and trade for an unlimited period “with no obligation to deposit real funds”. Our test account’s real balance was R$ 0.00 and we used only the Practice balance. If you have no account yet, you can open an IQ Option account, and our guide to registering a Practice account shows the steps.
- The web traderoom in a desktop browser. We recorded the web version only and did not look at the mobile app.
- The Practice balance switched on. Step 1 below shows where.
Risk: trading carries a high risk of loss. A tournament entry fee and every rebuy are real money, and you can lose them in full. Open the panel and read the cards first, and pay for nothing until you have read the rules of that tournament.
How to find tournaments in the IQ Option traderoom
The numbers in each screenshot match the numbers in the text. There are three steps: check the balance, click Tournaments, read the list.
Step 1: Check that the Practice balance is on
Click the balance in the top bar (1). The menu lists the real account and the Practice account (2). The amount in the top bar belongs to the account in use: on our recording it was the Practice balance, $9,998.87, and the real account showed R$ 0.00. The Tournaments panel opened with this balance selected.
Click Tournaments (1), the trophy icon in the left sidebar. On our account it is the ninth of ten items, between Market analysis and More. The More menu holds only Alerts, Help and Webinars, so tournaments are not hidden there. IQ Option’s Help page says the same: “click Tournaments on the left menu of the platform”.
Step 3: Read the list
The panel opens next to the chart and has three groups. Running tournaments come first, each as a card. Under the heading “Upcoming Tournaments” come the ones that have not started, and under “Past Tournaments” the finished ones, each with a COMPLETED badge. On 22 October 2026 we counted 4 running and 11 upcoming tournaments, plus a Past Tournaments list.
(3a) A running card shows the name and the time left in days, hours and minutes (1), the prize pool and the entry fee (2), and the number of participants and the instruments (3). “BO, DO, Blitz” stands for binary options, digital options and Blitz options; the details panel spells them out as Binary, Digital, Blitz.
(3b) An upcoming card says “The tournament starts in:” with a countdown (1). The “Past Tournaments” heading (2) opens the finished ones, each with a COMPLETED badge (3).
The tournament list on 22 October 2026: prize pools, fees and length
These were the four running tournaments at about 03:20 on the platform clock. Brazil Weekly and IQ Launch start and end at 18:00, Brazil Momentum at 19:00 and October Global Tournament at 21:00. All times are the platform’s, UTC-3 on our account, so add three hours for UTC.
| Tournament | Dates (2026) | Days | Prize pool | Entry fee |
|---|---|---|---|---|
| Brazil Weekly | 15 to 22 Oct | 7 | $3,000 | $2 |
| IQ Launch | 18 to 24 Oct | 6 | $10,000 | $4 |
| Brazil Momentum | 12 to 25 Oct | 13 | $10,000 | $3 |
| October Global Tournament | 30 Sep to 31 Oct | 31 | $50,000 | $4 |
The 11 upcoming tournaments were the same series again: Weekend Treat (three times), Austin 1000 (three times), Brazil Weekly (twice), 72 Hours, Salary in a Day and Ponto de Partida. All eleven had a $2 entry fee. Eight had a $1,000 prize pool and three had $5,000 (both Brazil Weekly cards and 72 Hours). The next two to start were Weekend Treat and a new Brazil Weekly, in about 14 hours, at 18:00 on 22 October (UTC-3), the hour the running Brazil Weekly ends.
The tournaments we saw lasted from 3 days to a month: Weekend Treat, which starts on 5 November, runs 3 days; IQ Launch 6; Brazil Weekly 7; Brazil Momentum 13; October Global Tournament 31 (30 September to 31 October). The list depends on the account: ours is registered in Brazil, and the section on country limits below says what that means.
What the details panel of a tournament shows
Click a card and a details panel opens to the right of the list. This is the running Brazil Weekly tournament.
- Time left to the end (1): days, hours, minutes and seconds.
- The button (2): “JOIN THE TOURNAMENT • $2”. It carries the fee, so pressing it is where you pay. We did not press it.
- Prize pool, Participants and Rebuy cost (3): $3,000, 775 and $2.
- Number of rebuys and Instruments (4): 1150 rebuys so far, and Binary, Digital and Blitz. The “Prize pool distribution” link opens the window described below.
- Start and End (5): 15 October 18:00 to 22 October 18:00 (UTC-3).
- The description (6): for Brazil Weekly and Brazil Momentum a short text about the tournament; for the others the rules, shown further down.
An upcoming tournament has the same layout with two changes. The button reads “GET REGISTERED • $2” (2), and the slot of the number of rebuys shows “Winners” (3): 5 for Weekend Treat, which starts on 5 November. A finished tournament shows “The tournament is over” instead of a button, and its Winners field says 30 for the finished IQ Launch.
How much does an IQ Option tournament cost?
The entry fee is on the card (“Entry fee”) and again on the button of the details panel. On 22 October 2026 it was $2 for Brazil Weekly and all eleven upcoming tournaments, $3 for Brazil Momentum and $4 for IQ Launch and October Global Tournament. On an upcoming tournament the button reads “GET REGISTERED” with the fee.
A rebuy is a second payment of the same size. The details panel shows a “Rebuy cost” and, for a running tournament, a “Number of rebuys”. In all six tournaments we opened, the rebuy cost equalled the entry fee.
| Tournament | Entry fee | Rebuy cost | Rebuys counted |
|---|---|---|---|
| Brazil Weekly | $2 | $2 | 1,150 |
| IQ Launch | $4 | $4 | 691 |
| Brazil Momentum | $3 | $3 | 1,845 |
| October Global Tournament | $4 | $4 | 15,250 |
| IQ Launch (finished 10 Oct) | $4 | $4 | 2,870 |
What the cards do not show is a ceiling. We saw no limit on the number of rebuys in any details panel. The rules text of IQ Launch and October Global Tournament says “You are allowed to refill your tournament account throughout the entire tournament”. IQ Option’s Help page adds conditions: the number of rebuys is unlimited “but only if your current balance and profit from open positions are less than your starting balance”, and “At the beginning of the tournament, you can rebuy once.” The spend you can control is the one you set before you start: the entry fee plus the rebuy cost times the rebuys you allow yourself. An entry of $4 with ten rebuys of $4 is $44 of real money.
Our tournament cost worksheet adds that up for you. It takes the entry fee and the planned entries, the rebuy cost and the most rebuys you allow, and shows the total as “Max planned spend” and as a share of your budget. It runs in your browser and ranks nothing.
The rules text also says how much of each fee goes into the prize pool: 50% for Weekend Treat, 75% for IQ Launch and 80% for October Global Tournament. The rest of the fee is not part of the prize pool, and the text does not say more. Brazil Weekly and Brazil Momentum show a description instead of the rules, so no share is stated there.
Prize pool: how many places are paid?
Click “Prize pool distribution” in the details panel (4 in the Brazil Weekly picture). A window states how many places are paid and what each place gets. For October Global Tournament it says: “The prize pool of $50,000 will be distributed among the traders who finished in the top 40.” (1). Below it, each position has its prize (2): $8,000 for first place, $5,000 for second, $3,600 for third, down to $1,500 for eighth in the picture.
| Tournament | Prize pool | First prize | Paid places |
|---|---|---|---|
| Brazil Weekly | $3,000 | $900 | 10 of 775 |
| IQ Launch | $10,000 | $567 | 30 of 3,265 |
| Brazil Momentum | $10,000 | $567 | 30 of 1,120 |
| October Global Tournament | $50,000 | $8,000 | 40 of 5,568 |
| IQ Launch (finished 10 Oct) | $10,000 | $567 | 30 of 3,990 |
“40 of 5,568” reads: 40 paid places, 5,568 participants when we looked. Four things stand out in these windows.
- The pool is a fixed figure on the card. In Brazil Weekly the list showed 774 participants and the details panel 775 less than two minutes later, and the prize pool was $3,000 in both. Do not read the pool as the sum of the entry fees.
- The prizes add up to the pool. Brazil Weekly: $900 + $750 + $600 + $150 + $135 + $120 + $105 + $90 + $75 + $75 = $3,000. The 30 prizes of IQ Launch add up to $10,000.
- The shape differs. Brazil Weekly pays 30% of its pool to first place and 75% to the top three. IQ Launch pays $567 to first place and $105 to thirtieth, a much flatter list. The upcoming Weekend Treat lists 5 winners for its $1,000 pool.
- Few places are paid. The finished IQ Launch had 3,990 participants and 30 winners. October Global Tournament lists 40 paid places for 5,568 participants so far. Every row below the last paid place shows 0 in the Prize column. This describes the prize list, not anyone’s chances.
How scoring and ranking work
The rules text, where a tournament shows one (the picture above), is short. Each trader gets “a special $100 tournament account, initial conditions being equal”. The leaderboard “shows how much money each participant has in their tournament account in descending order”. And the prize “is credited to your real account in the form of real funds”. So the ranking is the tournament balance. The rules text names no other criterion, no minimum number of trades and no tie-break. The starting amount varies: when we opened Austin 1000 on 5 October 2026, its rules said $1000.
Open the Leaderboard tab to follow it. The columns are the rank, the participant, the balance of the tournament account and the prize. Hover the “?” next to Balance and the tooltip reads “Tournament balance”; next to Prize it says that the prize pool will be distributed among the traders who finished in the top. The first rows carry the prizes of the Prize pool window.
In the finished IQ Launch (4 to 10 October) the first-place balance was $14,327.10 and the ninth-place balance $7,130.33, on accounts that started with $100 and could be refilled. The screen does not show how those balances were reached or how many rebuys they include. Before a tournament starts, IQ Option’s Help page says, the list shows traders chosen at random, to show what a top place could pay; once trading begins it is ordered by tournament balance.
Are there free IQ Option tournaments?
Not on our list. Every running and upcoming tournament we saw had an entry fee, and the button showed it. IQ Option’s VIP page (read on 22 October 2026) lists “Free tournament entry” among the VIP benefits and says: “Free tournaments: top-tier traders have the privilege to participate in all of IQ Option’s tournaments completely free of charge!” The same page names the way in: “Deposit $5,000 or more and have a trading volume of $20,000 in the last 60 days”, and its steps call the deposit “country-specific”. We have no VIP account and could not see what a VIP’s button shows, so this is IQ Option’s claim, not something we tested. Our VIP guide has the details.
Can you join a tournament with the Practice balance?
You can look at everything with the Practice balance on: the panel, the cards, the details, the Prize pool distribution window and the leaderboards all opened on our Practice account. Joining is a different matter. The button shows a fee in dollars, and IQ Option’s Help page says a rebuy is paid “with real money”. We did not press Join, and our real balance was R$ 0.00, so we do not know what the platform shows at that step. The fee was shown in US dollars although our real account is in reais, so we also do not know how an account in another currency is charged.
IQ Option’s Demo and Tournament Accounts terms list taking part in tournaments among the things a demo client “is able to” do, and add that the General Terms and Conditions apply when you do. Treat joining as a real-money step until the screen in front of you says otherwise.
Are there country limits?
We saw none on the page: no country list, eligibility line or “not available” message on any card, details panel, rules text or prize window we opened. What we did see is that the list depends on the account. Our Brazilian account listed Brazil Weekly, Brazil Momentum and Ponto de Partida next to global ones such as October Global Tournament and IQ Launch. On 4 October our Mexican test account listed LATAM Weekly instead of the Brazilian ones; we did not repeat that check today. The first 13 rows of the finished IQ Launch carry the flags of India, Mexico, South Africa, the United Arab Emirates, Thailand and Brazil, so a global tournament has players from many countries.
The limit that does exist is in IQ Option’s terms: a client must be “a resident of a country in which the Company provides its services”. Check your country before you register. Our country availability helper is a checklist for the account, product, payment and local-rule details of your country.
What IQ Option’s pages say, and where the platform differs
We read three IQ Option pages on 22 October 2026: the Help page “Tournaments” (iqoption.com/en/faq/tournaments), the terms “Demo and Tournament Accounts” (a PDF linked from iqoption.com/en/terms-and-conditions/practice-account-terms, listed there with an update date of 29 April 2025) and the VIP page (iqoption.com/en/vip). The Help text, the terms and the VIP lines quoted here were word for word the same as the copies we saved on 5 October 2026. The table puts them next to what the platform showed (Help is the Help page, Terms the Demo and Tournament Accounts terms). Where they differ we say what each says and do not choose for you.
| Topic | IQ Option pages, 22 Oct 2026 | Platform, 22 Oct 2026 |
|---|---|---|
| Ranking | Help: the winner is the trader who finishes with the most money in the tournament account. Terms 6.1: the top traders are awarded real funds. | The leaderboard ranks the tournament balance, highest first. |
| Starting balance | Help: the same amount for every participant, no figure given. | $100 in Weekend Treat, IQ Launch and October Global Tournament. No rules text in the two Brazil tournaments. |
| Entry fee | Help: “for a set fee”. | $2, $3 or $4. Rules: 50%, 75% or 80% of the fee goes to the prize pool. |
| Paid places | Help: usually 9 to 30 traders. | 5, 10, 30, 30 and 40, depending on the tournament. |
| Rebuy | Help: in some tournaments, with real money; once at the start, later only while your balance and open positions are below your starting balance. | The same cost as the entry fee. IQ Launch and October Global Tournament: you may refill “throughout the entire tournament”. No limit shown. |
| Free entry | VIP page: VIP clients enter all tournaments “completely free of charge”. | A fee on every card we saw. |
| Prize payment | Help: automatic, into the real account, usually at once, in some tournaments within an hour. Terms 6.2: IQ Option may remove a wrongly credited reward without your consent. | Rules: “credited to your real account in the form of real funds”. We did not take part, so we saw no payout. |
| Virtual money | Terms 2.1: virtual funds are “NOT considered real money” and “may not be withdrawn”. | The leaderboard shows balances in dollars. |
| Fair play and changes | Terms 6.1, 6.3 and 6.4: no guarantee of fair play; IQ Option may stop tournaments at any time and may disqualify a client for abuse without refunding the fee. | Not shown on the cards or in the details. |
| Country | Terms 2.1: a client must be a resident of a country where IQ Option provides its services. | No country line on the pages we opened; the list differs by account. |
The platform is the most specific of the three, because each tournament has its own details panel. Read that panel, and the rules text in it where there is one, before you pay.
Risks and costs to weigh before you pay
- The entry fee is gone unless you finish in a paid place, and each rebuy adds the fee again in real money.
- Paid places are few: 30 of 3,990 participants in the finished IQ Launch.
- The prize pool on the card did not grow while participants were added, so more players do not mean a bigger prize.
- The top balances are far above the $100 start, and the leaderboard does not show how they were reached.
- IQ Option’s terms say it cannot guarantee fair play among all participants and that you enter at your own risk. It may disqualify a client for abusing the tournament system without refunding the entry fee, may correct a wrongly credited prize without your consent, and may stop offering tournaments at any time.
- The tournament balance is virtual and cannot be withdrawn. Only a prize is real.
- Trading carries a high risk of loss. Treat the fee as money you can afford to lose, not as income.
Open the tournament cost worksheet
Risk: an entry fee and every rebuy are real money and can be lost in full. A tournament prize is not income, and nothing on this page predicts who will finish in a paid place.
Sources
- Platform: our recording of 22 October 2026, about 06:16 to 06:24 UTC (Practice account registered in Brazil, English web traderoom). Every screenshot comes from it.
- IQ Option Help, “Tournaments”: iqoption.com/en/faq/tournaments, read on 22 October 2026; the text equals our copy of 5 October 2026.
- IQ Option, “Demo and Tournament Accounts” terms: a PDF linked from iqoption.com/en/terms-and-conditions/practice-account-terms (update date 29 April 2025 on that page), read on 22 October 2026. Clauses quoted: 2.1, 2.6, 2.7, 6.1, 6.2, 6.3 and 6.4.
- IQ Option VIP page: iqoption.com/en/vip, read on 22 October 2026.
- Not checked, and not claimed: what happens after Join or Get registered, a payout, the mobile app, a VIP account, the prize windows of the upcoming tournaments, and the lists of accounts in other countries today.
Related guides
- IQ Option tournament cost worksheet: add up the entry fee and the rebuys before you pay.
- IQ Option leaderboard: the separate Leaders of the Week list.
- IQ Option VIP account: the free tournament entry and what it takes.
- How to register a Practice account on IQ Option.
- IQ Option real account: switching from Practice and the account currency.
- Country availability helper: a checklist for your country.
- How to withdraw money from IQ Option: where a prize goes once it is in the real account.
- Risk Control Center: our free risk calculators.
Frequently Asked Questions
Q: What is an IQ Option tournament?
A: A paid trading competition. You pay an entry fee, get a tournament account with virtual money, and the traders with the highest tournament balance when it ends share a prize pool that IQ Option pays into the real account. Everyone else gets no prize.
Q: How much does it cost to enter an IQ Option tournament?
A: On 22 October 2026 the fee was $2 for Brazil Weekly and all eleven upcoming tournaments, $3 for Brazil Momentum and $4 for IQ Launch and October Global Tournament, on a Practice account registered in Brazil. A rebuy costs the same again. Accounts in other countries may see other tournaments and fees.
Q: Are there free IQ Option tournaments?
A: Not on our list. IQ Option’s VIP page says VIP clients can enter all tournaments free of charge; it asks for a deposit of $5,000 or more and a trading volume of $20,000 in the last 60 days, with a country-specific deposit. We have no VIP account and did not test it.
Q: How do I join an IQ Option tournament?
A: Open Tournaments in the left sidebar, click a card, and press the button in the details panel: “Join the tournament” on a running tournament, “Get registered” on an upcoming one, each with the fee on it. We pressed neither, so we did not see the payment step.
Q: How are the prizes split?
A: Each tournament has a Prize pool distribution window. On 22 October 2026 Brazil Weekly listed 10 paid places, from $900 to $75, out of $3,000. IQ Launch listed 30 places, from $567 to $105, out of $10,000, and Brazil Momentum also lists 30 places for $10,000 with the same first prize. October Global Tournament listed 40 places out of $50,000, from $8,000 for first. IQ Option’s Help page says pools are usually shared among 9 to 30 traders, which is not what every window showed.
Q: How long does an IQ Option tournament last?
A: On 22 October 2026 from 3 days (Weekend Treat, 5 to 8 November) to 31 days (October Global Tournament, 30 September to 31 October). Brazil Weekly runs 7 days, IQ Launch 6 and Brazil Momentum 13. Start and end are on the Information tab, in UTC-3 on our account.
Q: What is a rebuy in an IQ Option tournament?
A: A way to refill your tournament balance by paying the fee again in real money. IQ Option’s Help page says it is allowed in some tournaments, once at the start and later only while your balance and open positions are below your starting balance, and that rebuy amounts are added to the prize pool. The rules of IQ Launch and October Global Tournament say you may refill throughout the tournament.
Q: Can I lose more than the entry fee?
A: In the tournaments we opened, yes: each rebuy costs the fee again, and we saw no limit on the number of rebuys. The most you pay is the entry fee plus the rebuy cost times the rebuys you choose, so decide that number before you start. Our worksheet adds it up.
Q: Can I join a tournament with the Practice balance?
A: You can open the panel and read everything with the Practice balance on. Joining shows a fee, and IQ Option’s Help page says rebuys are paid with real money. We did not press Join and do not know which balance the platform takes the fee from.
Q: How do I get my prize?
A: IQ Option’s Help page says a prize is deposited automatically into your real account at the end of the tournament, usually at once and in some tournaments within a few minutes to an hour. We did not take part, so we have not received a prize.
Q: Are IQ Option tournaments available in my country?
A: The tournament pages show no country list, but the list depends on the account: our Brazilian account saw Brazil Weekly and Brazil Momentum. IQ Option’s terms require residence in a country where it provides its services. Our country availability helper is a checklist for your country.
Q: What is the difference between the Leader Board and tournaments?
A: Our leaderboard guide (checked on 5 October 2026) describes the Leader Board as a list of the week’s real-account trades that you do not join; a Practice account never appears on it. A tournament is a paid competition with its own leaderboard, tournament account and prize pool.
