The latest updates about IQ Option that matter to traders, with the most recent first.
Malaysia's Securities Commission lists IQ Option-related activity as unauthorised, and Singapore's MAS has the name on its Investor Alert List. WikiFX also reported many user complaints about rejected withdrawals and blocked accounts at the offshore entity.
Source: WikiFX
According to the FCA register, IQ Option Europe is running off its UK business and cannot take on new UK customers. UK residents should not open an account.
Source: Investing in the Web
Quadcode, the fintech group behind IQ Option, took a stake in Game 7, which runs FPFX Technologies, PropAccount.com and the BullRush trading competition platform.
Source: CB Insights
The Reserve Bank of India includes IQ Option on its Alert List of entities not authorised to offer forex trading to Indian residents.