Contents
- 1 Quick answer
- 2 What IQ Option shows a Philippine account
- 3 Withdrawal methods and minimums in the Philippines
- 4 Fees: one free withdrawal a month, then 2%
- 5 How long a withdrawal to the Philippines takes
- 6 Before your first withdrawal: verification
- 7 If your withdrawal has not arrived
- 8 Withdrawal guides for other countries
- 9 Frequently Asked Questions
- 10 GENERAL RISK WARNING
Last updated: 8 October 2026. The withdrawal page below was recorded on 8 October 2026 on an IQ Option Practice account registered in the Philippines, over a Philippine connection, and the conditions come from IQ Option’s official withdrawals page for that account, read on 4 October 2026. The account held no real money, so IQ Option showed the list of methods but no form. We did not withdraw anything.
To withdraw from IQ Option in the Philippines, you open the withdrawal page, choose GCash, Maya, a Philippine bank, a card, an e-wallet or crypto, enter the amount and confirm. GCash and Maya start at ₱580, the eight banks at ₱500, cards, Skrill, Volet.com and WebMoney at ₱120 and crypto at ₱700. The first withdrawal of each calendar month is free; later ones cost 2%, at most ₱1,500. IQ Option lists 1 to 24 hours for GCash, Maya, the banks, the e-wallets and crypto. This guide shows what the withdrawal page of a Philippine account lists, the official minimums, the fee and the times, and what to check if a withdrawal is late. The steps are the same in every country; the general withdrawal guide shows each one.
To withdraw from IQ Option in the Philippines, you open the withdrawal page, choose GCash, Maya, a Philippine bank, a card, an e-wallet or crypto, enter the amount and confirm. GCash and Maya start at ₱580, the eight banks at ₱500, cards, Skrill, Volet.com and WebMoney at ₱120 and crypto at ₱700. The first withdrawal of each calendar month is free; later ones cost 2%, at most ₱1,500. IQ Option lists 1 to 24 hours for GCash, Maya, the banks, the e-wallets and crypto. This guide shows what the withdrawal page of a Philippine account lists, the official minimums, the fee and the times, and what to check if a withdrawal is late. The steps are the same in every country; the Quick answer
- Fee: one free withdrawal per calendar month, whatever the method; after that 2%, at most ₱1,500 (or $30, €30, £25).
- Minimum (official table): ₱580 to GCash and Maya; ₱500 to the eight Philippine banks; ₱120 to cards, Skrill, Volet.com and WebMoney; ₱606 to Neteller; ₱700 to crypto.
- Banks: BDO (Banco De Oro), BPI, Land Bank, PNB, RCBC, Metrobank, Security Bank and UnionBank.
- Time: 1–24 hours for GCash, Maya, the banks, the e-wallets and crypto; a card can take up to 21 calendar days at your bank; IQ Option asks you to allow up to 3 business days.
- Not Help2Pay: older guides describe Help2Pay for the Philippines; it is not in the withdrawal table.
- Bitcoin: not in the official table, but listed (1 to 24 hours) on the withdrawal page of our account on 8 October 2026; the page had no card entry.
- Empty balance: the withdrawal page shows “You cannot withdraw funds because your balance is 0” instead of a form.
What IQ Option shows a Philippine account
We opened iqoption.com/en/withdrawal on 8 October 2026 from a Philippine connection, logged in to a Practice account registered in the Philippines. The real account held 0.00 PHP, so the page showed the method list and no form.
- The page. The heading is Withdrawal, with the notice that you have 1 free withdrawal until the end of the calendar month (1). The column on the left (2) lists the methods with their processing time, starting with GCASH and Maya. The panel on the right shows the selected method, GCASH, with “You cannot withdraw funds because your balance is 0” (3) and a Withdrawal Conditions link (4) that opens IQ Option’s official table.
- The list. The list had 21 entries, all at “1 – 24 hours”: GCASH, Maya and the eight banks (Banco De Oro, Bank Of The Philippine Islands, Land Bank Of The Philippines, Philippine National Bank, Rizal Commercial Banking Corporation, MetroBank, Security Bank Corporation and Union Bank Of Philippines); then Neteller, Skrill and Volet.com USD (marked “Under Maintenance”) (1); then seven coins with Bitcoin (BTC) (2) among them (Tether TRC20, Bitcoin, USD Coin, Ethereum, Ripple, Cardano and Litecoin); and last Webmoney WMZ. The list had no Visa/Mastercard entry.
- Requests and questions. Below the list, the Withdrawal requests panel (1) was empty (“No requests”). Under it, the page’s Frequently Asked Questions (2) are IQ Option’s own; some of them mention 150.00 BRL, a Brazilian figure that does not apply to a Philippine account.
The account’s list and the official table agree on GCash, Maya, the eight banks and the e-wallets at 1 to 24 hours. They differ on two points: the list shows Bitcoin, which the table does not, and it had no card entry, which the table has. We could not open a form to test a withdrawal, so check your own withdrawal page for the methods your account can use.
Withdrawal methods and minimums in the Philippines
IQ Option’s official table for our Philippine account lists these methods. The minimums are in Philippine pesos for a peso account, and in dollars, euros or pounds for an account in those currencies.
| Method | Minimum withdrawal | Time shown |
|---|---|---|
| Banks: Banco De Oro, Bank of the Philippine islands, Philippine national bank, Rizal commercial banking corporation, MetroBank, Security Bank Corporation | ₱500 (or $10, €10, £9) | 1–24 hours |
| Banks: Land bank of the Philippines, Union Bank of Philippines | ₱500 (or $11, €10, £9) | 1–24 hours |
| GCash and Maya: GCASH, MAYA | ₱580 (or $10, €10, £10) | 1–24 hours |
| Visa and Mastercard: Visa/MasterCard | ₱120 (or $2, €2, £2) | Instant (see the note on cards) |
| E-wallets: Webmoney WMZ, Skrill, Volet.com USD | ₱120 (or $2, €2, £2) | 1–24 hours |
| E-wallets: Neteller | ₱606 (or $10, €10, £10) | 1–24 hours |
| Crypto: Tether (USDT) TRC20, USD Coin (BNB Smart Chain), Ethereum (ETH) ERC-20, Ripple (XRP), Cardano (ADA), Litecoin (LTC) | ₱700 (or $12, €10, £10) | 1–24 hours |
Older guides describe Help2Pay for the Philippines. It is not in the withdrawal table. GCash and Maya have a higher minimum (₱580) than the eight banks (₱500).
Fees: one free withdrawal a month, then 2%
The notice at the top of the withdrawal page says that you have 1 free withdrawal per calendar month, whatever the payment method. After the free one, each withdrawal in that month costs 2% of the amount, at most ₱1,500 on a peso account ($30, €30 or £25 on an account in those currencies). A second withdrawal of ₱10,000 costs ₱200; one at the ₱580 GCash minimum costs ₱11.60. The cap is reached at ₱75,000, so a withdrawal of ₱100,000 costs ₱1,500, not ₱2,000. Your bank, wallet or card issuer may charge its own fee. Our fees guide covers the other costs.
How long a withdrawal to the Philippines takes
- IQ Option’s processing: up to 3 business days for every request, according to the notes under the official table and the help centre.
- GCash, Maya and banks: GCash, Maya, BDO (Banco De Oro), BPI, Land Bank, PNB, RCBC, Metrobank, Security Bank and UnionBank are all listed at 1 to 24 hours.
- Cards: shown as instant, but the bank that issued the card can take up to 21 calendar days. IQ Option cannot speed that up.
- E-wallets and crypto: 1 to 24 hours in the table; the help centre says the money reaches an e-wallet within about a day of IQ Option completing the request.
Before your first withdrawal: verification
IQ Option’s help centre says you need to verify your identity before you can withdraw: a photo of an identity document, and, if you deposited by card, both sides of the card with the CVV hidden. Documents are checked within 3 business days, so verify before you need the money. See our account verification guide.
If your withdrawal has not arrived
- Check the status. In the Withdrawal requests panel on the withdrawal page, Requested and In process mean IQ Option is still handling it; Funds sent means it has paid out.
- Check the method. A card can take 21 calendar days; GCash, Maya and the banks are listed at 1 to 24 hours.
- Check the amount. Each method has a minimum, and the amount cannot exceed your balance.
- Contact support. Use the chat inside the platform (Chats & Support in the left sidebar) or write to support@iqoption.com. See our support guide.
Withdrawal guides for other countries
The banks, wallets and minimums depend on the country your account is registered in. Our other withdrawal guides, recorded the same way:
- Brazil: 18 banks, cards, Skrill
- Nigeria: 5 banks, OPay, cards
- Malaysia: 6 banks, cards, e-wallets
- Thailand: 9 banks, cards, e-wallets
- South Africa: 6 banks, cards, e-wallets
- Colombia: Nequi, Bre-B, 5 banks
- Vietnam: 7 banks, cards, e-wallets
- United Arab Emirates: Cards, e-wallets, crypto (no banks)
Every country guide is in the grid on the IQ Option withdrawal guide.
Depositing first? Read the the Philippines deposit guide.
Frequently Asked Questions
Q: What is the minimum withdrawal from IQ Option in the Philippines?
A: IQ Option’s table shows ₱580 for GCash and Maya, ₱500 for the eight banks, ₱120 for cards, Skrill, Volet.com and WebMoney, ₱606 for Neteller and ₱700 for crypto, on a peso account.
Q: Can I withdraw to GCash or Maya?
A: Yes, both are in the table from ₱580 at 1 to 24 hours.
Q: Which Philippine banks can I withdraw to?
A: BDO (Banco De Oro), BPI, Land Bank, PNB, RCBC, Metrobank, Security Bank and UnionBank, from ₱500 at 1 to 24 hours.
Q: Is there a fee to withdraw from IQ Option in the Philippines?
A: One withdrawal per calendar month is free. After that IQ Option charges 2%, at most ₱1,500.
Q: How long does a withdrawal in the Philippines take?
A: IQ Option asks you to allow up to 3 business days to process the request. The table then lists 1 to 24 hours for GCash, Maya, banks, e-wallets and crypto.
