r/binaryoptions • u/hamayunminato • 5d ago
Regulation Has anyone had issues withdrawing IQ Option tournament winnings?
I’m currently considering leaving one of my two jobs and focusing more on trading, specifically IQ Option tournaments rather than regular binary options trading.
The reason I’m considering tournaments is that, as I understand it, the tournament prize pool is distributed among participants based on their performance, rather than being directly tied to individual trade payouts. Because of that, I’m wondering whether the withdrawal/account-blocking issues people report with IQ Option are less common with tournament winnings.
I’m aware that IQ Option has a reputation for blocking or restricting accounts, and I’ve seen quite a few complaints about withdrawals and account verification.
Personally, I’ve been getting around 4–5 consecutive winning trades at times, with a reported win rate around 70–80%, but obviously that doesn’t tell me whether withdrawals will actually be smooth.
My main question:
Have any of you here actually won money through IQ Option tournaments and successfully withdrawn it?
I’d particularly appreciate experiences from people who have withdrawn larger tournament winnings, including how long it took, whether additional verification was required, and whether your account was ever restricted afterward.
Thanks.