Why IQ Option Deposit options allows traders to deposit as minimal amount as USD 10?
This is a simple trick to make you feel like it’s affordable. You start asking questions.
If IQ Option Deposit is as low as 10 bucks, I have a chance in being a million-dollar man with just 10 bucks yeah it’s worth a try. Little did you know you are just going to give them 10 bucks for free. Yeah, hand the money over.
Yes, that’s what you are doing. 1 dollar a trade you crazy gambler!
So then what is the minimum amount I should deposit? The big question here. The problem is us. The greed. Will you be contempt with just 10-20% growth of 100 bucks? (that’s 20 a day max). Or 3% growth a day from 1000 bucks (30 dollars). Which is more realistic to you?
If someone comes to you and say that your poor lives are over. Start earning money online with just 10 bucks. (Oh, btw that’s what IQ OPTION advertised.) Stop and think again. If 10 bucks are what you are going to throw away just for the fun of it, yes why not. You might be lucky 😊
Some would want to deposit the money just to try and get the feel of the system. Deposit and making a withdrawal request right away is a good step to judge how fast broker process withdrawal request. You know one day you might want to make your USD 10,000 withdrawal request.
How much… Again. If you are a student in this field, trying to learn how the platform works. Please start with an amount not less than USD 100. This allows you to play and practise money management. The basic approach of conservative, standard and aggressive is very simple yet effective. You can’t make a 10cent trade with a deposit of USD 10 sorry.
If you can’t afford USD 100 to start with, work with the demo account first.