Withdrawing money at BitIQ
At BitIQ, you can only withdraw funds once your account has been fully verified. Withdrawals are processed within 1-3 working days. After that, it is up to the payment provider. Using an e-Wallet, it is a matter of hours. If you have your money transferred to your bank account, it may take up to 5 working days. This depends on the bank you bank with.
BitIQ also offers a trading app. This allows you to trade on your mobile phone or tablet, and access all the trading instruments and quotes on the go. So you can always buy and sell at the right time.
The BitIQ app loads quickly and you can navigate between the different instruments with ease. The app is available for iOS, Android and Windows operating systems. You can download the plus500 app for free from the App Store, the Google Play store or the Windows Phone store.
Retail account: This is your default account upon registration.
This is the basic account you start with. You can trade for real money with this account. It is important that you fully verify your account. After verification you can also make withdrawals.
Islamic account: this is an account where trading can take place according to the rules of Sharia.
No riba (interest) is charged on this account. It is also possible to buy and sell without delay and the costs of the transactions must be paid immediately. In order to open an Islamic account, you must have done the following: your standard account must be fully verified. You must also have made an investment of at least € 900. If you meet these requirements you can apply for the Islamic account.
Professional account: The account for experienced investors.
In order to open the professional account, you must be able to prove that you have the right experience. You have to show your knowledge and share your experience. Only then will the broker assess whether you qualify. A big advantage of a pro account is that you can trade with up to 200 leverage. Read our article on leverage strategy to find out why leverage is so important.
BitIQ Payment Methods
Ready to start trading for real money? Then start with a minimum deposit. You can safely deposit and withdraw funds at BitIQ. All transactions are secured using SSL Technology. Third parties cannot view your payment details.
How do I deposit at BitIQ?
Best Trustly Broker
How fast can I deposit?
How soon withdraw?
A few hours
There are numerous ways to deposit with BitIQ. IDeal is the most popular payment option in the UK.
Depositing with iDeal is safe and fast, as you would expect. Want to know more about paying with iDeal at brokers? Then read our article about iDeal at investors.
Below is a summary of all relevant payment methods available to Dutch investors at BitIQ:
What is the BitIQ minimum deposit?
BitIQ maintains a minimum deposit of $100. This is the minimum amount you can deposit with this broker. If you wish to deposit a higher amount, of course you can. You decide, from €100 onwards, what amount is suitable for you to start investing with.