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