Broker News

IQ Option: Open Account with South African Rand (ZAR) Now

IQ Option 120x80With IQ Option, clients from South Africa can now trade their favourite instruments with accounts denominated in South African rand (ZAR). Of course, accounts denominated in other currencies are still available to South African clients. This includes the U.S. dollar, British pound, euro, and even the Russian ruble.





Currency Minimum deposit
United States Dollar 10
Euro 10
 British Pound 10
Brazilian Real 20
Malaysian Ringgit 40
Chinese Yuan 70
 Indonesian Rupiah 100 000
 Vietnamese Dong 200 000
South African Rand 150
 Philippine Peso 500
Thai Baht 270


The minimum deposit for trading accounts denominated in South African rand, is R150, which is close to the $10 benchmark. The minimum trade size for these accounts is about $1.

South African traders can now save money when depositing (or withdrawing) funds to IQ Option because with a ZAR-denominated account no currency conversion needs to take place.

For more about IQ option please read our IQ Option Review



Risk Warning: Trading may not be suitable for everyone, so please ensure that you fully understand the risks involved. Especially trading leveraged products such as Forex and CFDs carry a high degree of risk to your capital and can result in the loss of your entire capital. Only invest with money you can afford to lose.