IQ Option review.

Overview

TrueBroker is a free broker safety checker, and this page is our review of IQ Option, scored 4.7 out of 10 across regulation, fees, platform, support and reviews.

IQ Option is not one company but two, and which one signs up a given client depends on where that client lives. SKY LADDER LLC, registered in Antigua and Barbuda, operates the IQOPTION brand and website for clients outside the EEA and acts as data controller under the firm’s Privacy Policy. IQBroker Europe Ltd, described on the firm’s own Licenses and Safeguards page as “previously IQOption Europe Ltd,” provides services exclusively to EEA residents and is the entity holding the CySEC licence. A reader outside the EEA is dealing with the Antigua entity, not the regulated Cyprus one.

Who regulates IQ Option, and who does not

We searched the CySEC register directly and confirmed licence 247/14 for IQBroker Europe Ltd, matching the claimed name/former-name pairing; the register lists it under licensed investment firms. We also searched the Cyprus Registrar of Companies and confirmed IQOPTION EUROPE LTD is registered as HE 327751, a Limited Company registered 12/12/13, status Active. Neither register covers SKY LADDER LLC, the entity that actually serves non-EEA clients: its Antigua and Barbuda registration (ILLC 004) is a company record, not a financial-services licence, and no financial regulator is named for it anywhere in the evidence we reviewed. We were not able to check the Antigua and Barbuda company registers automatically, since the Financial Services Regulatory Commission publishes no public register of international companies or LLCs, so ILLC 004 stays unchecked by us; a reader who wants it confirmed would need to ask the FSRC or the registered agent directly.

The warning-list check on IQ Option

We searched 930 warning-list entries mirrored from CySEC, the FCA and FSC Mauritius, and IQ Option itself appears on none of them; we ran a positive control against three of those registers first, searching for a firm known to be listed, so this clean result reflects an absence rather than a broken search. Two other domains on those same lists trade on similar names and are not this firm: CySEC’s List of Non Approved Domains names forexiqoptions.co, with no wording tying it to any specific broker it might be imitating; the FCA register lists iqoptionfx.org as Unauthorised, with no clone marker on the entry itself. A reader searching for IQ Option should check they are on the genuine iqoption.com domain and match the licence number 247/14 exactly before depositing.

What IQBroker Europe Ltd’s terms do to a client

The firm’s own Privacy Policy states that “the Company’s live public chat feature is not an official channel of communication between the Company and you,” that it “will never communicate with you via the live public chat feature,” and that anything shared there “can be accessed by any person” with the firm bearing no responsibility for it. The same policy disclaims liability for the AI chatbot linked from the site footer, stating that a client who relies on it expressly agree[s] that you will not hold the Company liable for any mismanagement, misuse, or mishandling of the data received or for any inaccuracy, defect, error or omission of the data… provided by the chatbots. Personal data, including call recordings, is kept “for a minimum period of 7 (seven) years from the date of termination of the Service,” and the firm reserves the right to change the Privacy Policy “at our discretion” at any time. The Islamic swap-free account carries its own trade-off: while active, “trading is just limited to Digital (OTC) instruments” and the account “doesn’t include a personal manager.”

Overview Table

Facts List

• The CySEC register confirms licence 247/14 for IQBroker Europe Ltd, formerly IQOption Europe Ltd, listed among licensed investment firms.
• The Cyprus Registrar of Companies shows IQOPTION EUROPE LTD as HE 327751, registered 12/12/13, status Active.
• SKY LADDER LLC, the Antigua and Barbuda entity serving non-EEA clients, has no financial regulator named in the evidence we reviewed.
• The CySEC licence, per the firm’s own page, permits services only to EEA residents.
• We searched 930 mirrored warning-list entries from CySEC, the FCA and FSC Mauritius and found no match for IQ Option.
• Two lookalike domains appear on those lists instead of the firm: forexiqoptions.co (CySEC Non Approved Domains) and iqoptionfx.org (FCA register, status Unauthorised).
• The firm’s Privacy Policy states its live public chat is not an official support channel, despite marketing elsewhere describing live chat as a way to reach support.
• Personal data, including call recordings, is retained for a minimum of 7 years after a client stops using the service.
• The Islamic (swap-free) account restricts trading to 175+ Digital (OTC) instruments while active and drops access to a personal account manager.
• The firm can charge “a reasonable administrative fee” for data-access requests it judges excessive, per its own Privacy Policy.

Key Takeaways

Overall score 4.7 out of 10. The pieces below explain why.

Regulation: split entities, and one of them carries no financial licence

• The CySEC register confirms licence 247/14 for the Cyprus entity, matching the claimed name and former-name pairing, and lists it under licensed investment firms. That entity, now named IQBroker Europe Ltd (previously IQOption Europe Ltd), is stated on the firm’s own Licenses and Safeguards page to serve EEA residents only.
• The Cyprus Registrar of Companies, via the CyprusRegistry.com mirror, confirms IQOPTION EUROPE LTD as HE 327751, a Limited Company registered 12/12/13, status Active. That is a company registration, not a licence.
• Clients outside the EEA are onboarded instead by an entity named SKY LADDER LLC, which cites ILLC 004 in Antigua and Barbuda. The Antigua and Barbuda company and LLC register could not be checked automatically, so that registration stays unchecked by us; no financial regulator is named for this entity in the evidence we hold. A reader outside the EEA is trading with an entity that, on what we could check, has no confirmed company registration and no confirmed financial-services licence behind it.
• We searched 930 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and IQ Option matches none of them. Two similarly-named domains do appear on those lists and are not this firm: CySEC’s Non Approved Domains list carries forexiqoptions.co, and the FCA register lists iqoptionfx.org as Unauthorised. Neither entry names IQ Option as the firm being imitated, but a reader searching the broker’s name should check they are on iqoption.com and matching entity name and licence number 247/14, not a lookalike domain.

What IQ Option’s own terms allow it to disclaim

• Under Data Security, the Privacy Policy states the firm’s live public chat “is not an official channel of communication between the Company and you,” that it “will never communicate with you via the live public chat feature,” and that the firm “shall not be held responsible in any way and for any actions taken or information shared via the live public chat feature.” A client using the advertised chat for support has no contractual backing for anything said there.
• Under Disclosure of Data, using the site’s chatbots means the client “will not hold the Company liable for any mismanagement, misuse, or mishandling of the data received,” nor for any inaccuracy, defect, error or omission of the data… or for any actions taken in reliance upon it.
• Also under Data Security, “any use of the Website with the Client’s username and password is the Client’s sole responsibility,” with no obligation on the firm to validate who is actually operating the account.
• Under Data Retention, the firm keeps client data, including call recordings, “during our contractual relationship and for a minimum period of 7 (seven) years from the date of termination of the Service.”
• Under Your Rights and How to Exercise Them, the firm may charge… a reasonable administrative fee for any unreasonable or excessive requests and for extra copies of a client’s own data, at its own discretion, and the amount is not specified.

Fees and the Islamic account trade-off

• No EURUSD spread figure is published for an account a retail client can open: IQ Option’s fee pages loaded for us as empty JavaScript pages, and the only pricing we have on record, from our 12 September 2026 capture, is a USD 10 minimum deposit and withdrawal fees stated on the firm’s blog. The Data Access fee in the privacy policy carries no stated amount.
• The account-types page prices both the Standard and Islamic (swap-free) accounts as Free/Forever, with a $10,000 demo account and unlimited balance refills.
• Switching to the Islamic account has a real cost beyond swaps: the account-page FAQ confirms trading is “just limited to Digital (OTC) instruments while the Islamic account is active” and that it “doesn’t include a personal manager,” while other Standard-account features carry over. A client who turns on swap-free trading gives up the full instrument range and a personal account manager for as long as it stays active.

Platform and support

• IQ Option runs its own browser-based traderoom plus own-branded iOS, Android, Windows and macOS apps, rather than MetaTrader, covering forex, stocks, crypto, commodities, indices and ETFs per the Markets & Assets listing.
• Support channels on record are email (support@iqoption.com, and internationaldpo@iqoption.com for data requests), an AI chatbot linked from the site footer, and Arabic-language native-speaker support advertised on the Islamic account page. The live chat channel is present but, per the firm’s own Privacy Policy quoted above, is not an official support line and carries no liability for the firm.

Licenses & Regulation

IQ Option’s regulation sits on two entities, and which one takes on a client depends on where that client lives. IQBroker Europe Ltd, described on the firm’s own Licenses and Safeguards page as “previously IQOption Europe Ltd”, serves EEA residents and holds CySEC licence 247/14, permitted under that licence to offer services only to EEA residents. Outside the EEA, the brand is run by SKY LADDER LLC, registered in Antigua and Barbuda, which acts as the data controller under the Privacy Policy and onboards everyone else. No financial regulator is named anywhere in the evidence for SKY LADDER LLC.

What the registers show for IQBroker Europe Ltd

The CySEC register confirms an active investment firm licence numbered 247/14 for this entity, matching the claimed name and former-name pairing, and lists it among licensed investment firms consistent with the authorised status the firm claims. The Cyprus Registrar of Companies, checked via the CyprusRegistry.com mirror, shows IQOPTION EUROPE LTD registered as HE 327751, a limited company registered 12/12/13 with status Active. That company registry entry confirms the company exists and is active; it is not a financial regulator and confirms nothing about a licence. Between the two, the CySEC entry is the one that actually backs the authorised-status claim, and it covers only the Cyprus entity, not the wider IQ Option brand.

What isn’t checkable: SKY LADDER LLC

SKY LADDER LLC carries an Antigua and Barbuda registration number, ILLC 004, but this is a company registration, not a financial-services licence, and no financial regulator is named for this entity anywhere in the firm’s own material. We could not check this registration against a public register: the Antigua and Barbuda Financial Services Regulatory Commission publishes no register of international companies or LLCs, so ILLC 004 stays unchecked by us. That’s a limit of what’s available to check, not a finding about the firm one way or the other. Practically, this means a client outside the EEA is dealing with the entity whose registration we could not independently verify and which has no named financial regulator behind it, while the CySEC-regulated entity is walled off to EEA residents only.

Warning-list search

We searched 930 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and IQ Option itself appears on none of them. Before relying on that result we ran a positive control against three of those registers using a firm known to be listed, so an empty result here reflects absence rather than a broken search. The search did surface two lookalike domains that are not this firm. CySEC’s List of Non Approved Domains names forexiqoptions.co as a domain not authorised to provide investment services under any Cypriot licence; CySEC publishes the domain without naming which firm it imitates, so no broker is identified by that listing. Separately, the FCA register lists iqoptionfx.org as Unauthorised, with no clone marker on the entry itself, so it records a firm operating without FCA permission rather than one confirmed to be impersonating another. Neither domain is iqoption.com, and neither listing is a warning against the firm reviewed here; anyone searching for IQ Option should check they’ve landed on the genuine domain and match the entity name and licence number 247/14 before depositing.

Restrictions and what’s actually published

The firm’s own accounts page states that its services are not available to residents of the United States, Canada, EU/EEA member states, the United Kingdom, and Australia. Beyond that general list, the site shows a geo-block message reading “IQ Option is currently unavailable in your country” to visitors from unserved locations, but does not publish the specific country list behind that message. Applicants must also confirm they are 18 or older to register.

Where a client’s account actually sits

Because CySEC’s authorisation for IQBroker Europe Ltd is restricted to EEA residents, a client based outside the EEA is not covered by that licence at all, regardless of how the brand markets itself globally; their account sits with SKY LADDER LLC, the entity we could not verify against any public register. Anyone relying on the CySEC licence as reassurance should confirm first which entity is actually named on their account terms, since the licence number 247/14 backs only one of the two.

How to Trade

IQ Option runs on its own platform, not MetaTrader. The firm’s Indonesia root page lists a browser-based traderoom accessed by logging in at iqoption.com, an iOS app (around 163.3 MB, requiring iOS 15 or later), an Android app (around 74 MB, requiring Android 5.1 or 7.0 or later, available via Google Play or APK), a Windows desktop app (130 MB, Windows 7 or later) and a macOS desktop app (163.3 MB, macOS 12.0 or later).

The same page lists the instruments on offer under “Markets & Assets”: forex, stocks, cryptocurrencies, commodities, indices and ETFs. The evidence does not include spread figures, minimum trade sizes, leverage ratios or execution-model details for any of these, so none of that can be reported here.

Which entity a client actually trades with

Which company sits on the other side of a trade depends on where the client lives. The firm’s own legal page states that IQBroker Europe Ltd, previously named IQOption Europe Ltd, provides services exclusively to EEA residents and holds CySEC licence 247/14, confirmed active on the Cyprus Securities and Exchange Commission register. Clients outside the EEA are onboarded instead by SKY LADDER LLC, registered in Antigua and Barbuda, which the firm’s terms describe as the operator of the IQOPTION brand and website and the data controller under the Privacy Policy. The evidence does not name any financial regulator behind SKY LADDER LLC, and the Antigua and Barbuda company registry could not be checked because the Financial Services Regulatory Commission publishes no register of international companies or LLCs, so its registration (ILLC 004) stays unchecked by us. A client outside the EEA is therefore trading with an entity that carries a company registration but no named financial-services licence in our evidence, while an EEA client is trading with the CySEC-regulated entity. The firm’s own accounts page also states that services are not available to, or directed at, residents of the United States, Canada, EU/EEA member states, the United Kingdom and Australia, and applicants must confirm they are 18 or older to register.

The account types and what changes when you trade on IQ Option

The firm’s accounts page describes a free Standard account with 24/7 support, a free demo account loaded with $10,000, instant withdrawals and the option to switch to an Islamic account at any time. It also describes a free Islamic, swap-free account carrying all Standard features plus Islamic profile status, halal trading assets, instant activation with no extra fee and no documents needed to activate or deactivate it, and no cooldown period when switching back to Standard. That same page states that trading is limited to 175+ Digital (OTC) instruments while the Islamic account is active, and that the Islamic account does not include a personal account manager, so switching it on narrows the tradable universe and removes that support tier even though the account itself costs nothing. A separate demo account offers $10,000 in virtual funds with unlimited balance refills.

Support channels that do not do what they say

How a position gets managed in practice depends on reaching someone when it matters, and the firm’s own Privacy Policy undercuts its most visible channel. It states plainly that “the Company’s live public chat feature is not an official channel of communication between the Company and you,” that the firm “will never communicate with you via the live public chat feature,” and that “information communicated via the live public chat feature can be accessed by any person,” with the firm disclaiming responsibility “in any way and for any actions taken or information shared via the live public chat feature.” A client treating the advertised live chat as real trading support has no contractual backing for anything said there. The site’s footer also offers an AI chatbot, and the same Privacy Policy states that by using it a client “expressly agree[s]” not to hold the firm liable for “mismanagement, misuse, or mishandling of the data received” or for any inaccuracy, defect, error or omission of the data … provided by the chatbots … or for any actions taken in reliance upon it. Named support channels in the evidence are an email address for general support (support@iqoption.com) and a separate address for the Data Protection Officer (internationaldpo@iqoption.com), plus Arabic-language native speaker support advertised on the Islamic account page.

Account access and data retention terms that bind a client

The Privacy Policy states, under Data Security, that “any use of the Website with the Client’s username and password is the Client’s sole responsibility,” and that the firm “shall not be held responsible for any such use, including for validation that the Client is actually operating in his/her account.” That means a compromised login shifts the consequences of any resulting trades onto the client. Under Data Retention, the same policy states the firm “shall keep your data (including call recordings) during our contractual relationship and for a minimum period of 7 (seven) years from the date of termination of the Service used by you,” so data and voice recordings outlive account closure by years, not days. Under Your Rights and How to Exercise Them, the policy adds that the firm “may charge you a reasonable administrative fee for any unreasonable or excessive requests” and for “any additional copies of the data you may request,” without stating an amount. And under Changes to this Privacy Policy, the firm reserve[s] the right, at our discretion, to add, modify or remove portions of this Privacy Policy in the future, which covers the terms governing how a client’s trading and account data get used.

Deposits on the Indonesia payment panel

The Indonesia root page lists Visa, Mastercard, QRIS, OVO, DANA, Apple Pay and Google Pay as instant, Virtual Bank as taking 60 minutes to process, and LINKAJA with no processing time given. This panel reflects what one country version of the site shows and should not be read as the payment menu offered everywhere the firm operates.

Account Types

IQ Option’s own accounts page lists three account types available to retail clients: a Standard account, an Islamic (swap-free) account, and a demo account. Both live account types are priced the same way: “Free/Forever”, with no account-opening fee stated on that page.

IQ Option’s Standard account

The Standard account, per the firm’s accounts page, bundles 24/7 support “in your language”, a free demo account loaded with $10,000, instant withdrawals, Arabic-language support, and the option to switch to the Islamic account at any time. No minimum deposit, spread, or commission figure appears on that page for the Standard account, so none is reported here.

The Islamic (swap-free) account

The Islamic account carries the same “Free/Forever” price and, according to the accounts page, keeps all Standard-account features while adding swap-free status, “halal trading assets”, instant activation with no separate activation fee, and no documents needed to switch it on or off. Switching back to Standard carries no cooldown, the same page states.

That page also prices what the Islamic account takes away. The Islamic Trading Account FAQ on the firm’s site states that “Trading is just limited to Digital (OTC) instruments while the Islamic account is active” and that the account “doesn’t include a personal manager.” A client who activates swap-free trading is confined to the 175+ Digital (OTC) instruments listed while it stays active, and loses access to a personal account manager, even though the accounts page describes the account as otherwise carrying Standard-level service.

Demo account

The demo account, as described on the same page, comes with $10,000 in virtual funds and unlimited balance refills. No expiry or usage limit is stated on that page.

Which company an IQ Option account actually sits with

The firm’s own legal page splits account-holders by residency into two different corporate counterparties. EEA residents are onboarded by IQBroker Europe Ltd, described on that page as “previously IQOption Europe Ltd”, the entity holding CySEC licence 247/14. Clients outside the EEA are onboarded instead by SKY LADDER LLC, registered in Antigua and Barbuda, which the same page names as operator of the IQOPTION brand and website for non-EEA clients and as data controller under the Privacy Policy. The two entities are not interchangeable: only the Cyprus entity is named against a financial-services licence on the firm’s own page, and no equivalent regulator is named for SKY LADDER LLC there.

The accounts page itself states that services are not available to, and not directed at, residents of the United States, Canada, EU/EEA member states, the United Kingdom, or Australia, and that an applicant must confirm being 18 or older to register. Outside those excluded jurisdictions, the site’s geo-block message reads “IQ Option is currently unavailable in your country” for any visitor whose detected country is not served, without publishing the specific list of countries this covers.

Negative Balance Protection

The evidence available for this section is what IQ Option’s own terms and conditions, privacy policy and account pages actually contain, and what CFD negative-balance and margin protection normally cover is not in them. We read the firm’s terms and conditions and privacy policy in full, and separately worked through its account-types page. Between them these documents describe data handling, chatbot and live-chat liability, credential responsibility and account features. None of them sets out a negative-balance policy. Our earlier review reported that IQ Option extends negative balance protection to every client and covers any deficit by bringing the account back to zero, but no page we fetched says so, and the claim rests on that review alone. None of the pages we fetched sets out a margin-call threshold or a stop-out percentage for CFD positions. That is a gap in what we could read on those two points, not a finding that no such thresholds exist.

What IQ Option’s terms do cover, on liability generally

Where the terms do address liability, they consistently place the consequence on the client rather than the firm. The privacy policy states that “any use of the Website with the Client’s username and password is the Client’s sole responsibility,” and that IQ Option “shall not be held responsible for any such use, including for validation that the Client is actually operating in his/her account.” On its AI chatbot, the same policy has the client agree “that you will not hold the Company liable for any mismanagement, misuse, or mishandling of the data received,” including for any inaccuracy, defect, error or omission of the data… or for any actions taken in reliance upon it. On live chat, it goes further: the policy states plainly that “the Company’s live public chat feature is not an official channel of communication between the Company and you,” that IQ Option “will never communicate with you via the live public chat feature,” and that it is not… responsible in any way and for any actions taken or information shared through it. None of these clauses is written about margin or loss limits specifically, but they show the pattern: where the firm’s own documents assign responsibility, they assign it to the client.

Which entity a client’s account sits with

Which corporate entity a client actually trades against depends on residency, and this matters for who, if anyone, stands behind an account. IQ Option’s own Licenses and Safeguards page names SKY LADDER LLC, registered in Antigua and Barbuda, as the operator for clients outside the EEA, and IQBroker Europe Ltd (previously IQOption Europe Ltd) as the entity serving EEA residents under CySEC licence 247/14. We confirmed that licence on the CySEC register, and confirmed IQBroker Europe Ltd’s Cyprus company registration, HE 327751, as active on the Cyprus Registrar of Companies. SKY LADDER LLC’s Antigua and Barbuda registration (ILLC 004) is not something we could check: the Financial Services Regulatory Commission there publishes no register of international companies or LLCs, so that entity’s registration stays unverified by us, and no financial regulator is named for it at all in the firm’s own pages. A non-EEA client’s account therefore sits with a company whose registration we could not confirm, and with no regulator named to set or enforce a negative-balance policy on it.

What the account pages say instead

The account-types page describes what is tradable rather than how losses are capped. Pricing for the Standard account is listed as Free/Forever, and it comes with a demo account stocked with $10,000 in virtual funds that can be topped up without limit. The Islamic (swap-free) account carries the same pricing and adds halal-designated assets and instant activation, but the same page states that “trading is just limited to Digital (OTC) instruments while the Islamic account is active” and that this account “doesn’t include a personal manager.” Neither the Standard nor Islamic account description on this page states a margin requirement, a stop-out level, or whether a negative-balance protection applies to either.

The warning-list check, for context

We searched 930 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and IQ Option matches none of them. Two similarly-named sites do appear on those lists and are not this firm: CySEC’s Non-Approved Domains list carries forexiqoptions.co, and the FCA register lists iqoptionfx.org as Unauthorised, with no clone marker attached to that entry. Neither entry describes IQ Option’s own negative-balance or margin terms; they only confirm that a reader searching the broker’s name should check the domain and licence number 247/14 match before depositing anywhere.

Trading Instruments

Our evidence for IQ Option’s assets comes from an Indonesian version of the site, which lists the market categories under its “Markets & Assets” navigation rather than a full instrument catalogue: Forex (“Mata uang”/”Forex”), Stocks (“Saham”/”Stocks”), Cryptocurrencies (“Crypto”), Commodities (“Komoditas”/”Commodities”), Indices (“Indeks”/”Indices”) and ETFs. That page names the categories but does not give counts, symbols, or contract specifications for any of them, so this section reports the categories as listed and nothing beyond them.

The one instrument figure in the evidence sits inside the account terms rather than the markets page: IQ Option’s own accounts page states that its Islamic (swap-free) account is restricted to “175+ Digital (OTC) instruments” while that profile is active. That is the only place a number attaches to any asset class in the material fetched, and it applies to a subset of the platform, not the tradable universe as a whole.

What the Islamic account gives up on IQ Option

Switching on the swap-free profile does more than remove overnight financing. IQ Option’s accounts page states plainly that “trading is just limited to Digital (OTC) instruments while the Islamic account is active,” and that the profile “doesn’t include a personal manager.” So a client who activates the swap-free setting trades a narrower book, 175+ Digital (OTC) instruments, in exchange for no swap charges, and loses the personal account manager that VIP status otherwise carries. The accounts page describes switching back to Standard as available “anytime” with “no cooldown,” which is the only detail given about how a client would restore access to the fuller asset range.

Nothing in the evidence gathered says whether forex, stocks, crypto, commodities, indices and ETFs are each offered as CFDs, as the “Digital (OTC)” instrument type referenced on the Islamic account page, or as some mix of both. The markets navigation on the firm’s Indonesian home page lists the category names only; it does not carry a leverage table, spread figures per instrument, minimum trade sizes, or a breakdown of how many underlying symbols sit inside each category. Fee material was read for this review, but our evidence does not carry per-asset spread or commission figures to reproduce here.

Account tiers and what they change about tradable assets

IQ Option’s accounts page describes three tiers: a free Standard account, the Islamic account discussed above, and a Demo account carrying $10,000 in virtual funds with unlimited balance refills. Of these, only the Islamic account is documented as changing what can be traded. The Standard and Demo accounts are not described on that page as differing from each other, or from the platform’s general asset list, in what they can access.

Platform access itself does not appear tied to asset coverage in the material fetched. IQ Option’s own site lists a browser-based “traderoom” reached by logging in at iqoption.com, described there as not MetaTrader, alongside own-branded iOS and Android apps and Windows and macOS desktop downloads. None of that platform material ties specific asset classes to specific platforms, so this review cannot say whether, for example, ETFs are available on the mobile app on the same terms as on the web traderoom.

Where the geography of IQ Option’s asset access is documented, and where it isn’t

The clearest boundary on who can trade at all, rather than what they can trade, comes from IQ Option’s own accounts page, which states services are not available to residents of the United States of America, Canada, EU/EEA member states, the United Kingdom, and Australia. An entry carried over from an earlier version of this review notes that, as of 27 July 2026, no published restricted-country list could be found on iqoption.com’s homepage, legal, terms or legal-documents pages, and that a prior list naming countries such as Iran, North Korea, Syria and Cuba had been removed from that earlier draft because it could not be tied to anything the broker currently publishes. That earlier list is not repeated here; the only restriction this review can attribute to IQ Option’s own pages is the one named above.

Which legal entity a client’s account sits under also depends on residency rather than on asset class: IQ Option’s own legal page states that SKY LADDER LLC (Antigua and Barbuda) onboards clients outside the EEA, while IQBroker Europe Ltd, the entity CySEC confirms holds licence 247/14, serves EEA residents only. The evidence gathered does not say whether the asset list itself differs between these two onboarding paths, only that the accounts page’s forex, stocks, crypto, commodities, indices and ETFs categories are presented as a single list without a jurisdiction split.

Education & Analysis

IQ Option’s own site material puts the trading experience on a proprietary web platform, not MetaTrader. The firm’s Indonesia-facing pages describe a browser-based traderoom reached by logging in at iqoption.com, alongside own-branded apps: an iOS app around 163.3 MB requiring iOS 15+, an Android app around 74 MB requiring Android 5.1 or 7.0+, a Windows desktop download at 130 MB for Windows 7 and above, and a macOS download at 163.3 MB for macOS 12.0 and above. Neither MetaTrader 4 nor MetaTrader 5, the two most widely used retail trading platforms, is available here.

What IQ Option’s platform actually covers

The Markets & Assets section of the Indonesia root page lists six categories: Forex, Stocks, Cryptocurrencies, Commodities, Indices and ETFs. That is a category list, not an instrument count or a spread table, so this review can confirm the breadth of asset classes on offer without confirming how many instruments sit inside each one.

One contractual detail narrows that breadth for a specific group of clients. The Islamic (swap-free) account page states that trading is “limited to Digital (OTC) instruments while the Islamic account is active”, and that this account tier “doesn’t include a personal manager”. A client who switches on the swap-free version of the account to avoid overnight financing charges is not trading the same six-category range described on the root page; they are confined to the 175+ Digital (OTC) instruments the account page names, and they lose access to a personal account manager while that setting is active. The same page states there is no cooldown period switching back to a Standard account, so the restriction is reversible, but it is a real trade-off between swap-free status and market access, not a cosmetic label change.

Support tools sold alongside the charts, and what backs them

IQ Option markets more than one channel for help while trading: a live chat feature, an AI chatbot linked from the site footer under “Got questions? AI Bot will help”, and native-language support advertised on the Islamic account page (“Sallah – Ready to help – Native speaker – Support 24/7”). The firm’s own Privacy Policy, however, states plainly that “the Company’s live public chat feature is not an official channel of communication between the Company and you. We will never communicate with you via the live public chat feature”, and adds that information communicated via the live public chat feature can be accessed by any person. We do not control the content shared… and we shall not be held responsible in any way and for any actions taken or information shared via the live public chat feature. A client typing an order-execution or platform question into that chat window is, by the firm’s own terms, not talking to an official support channel and has no privacy guarantee over what they type.

The AI chatbot carries a similar disclaimer. The same Privacy Policy states that by utilizing the chatbots, you expressly agree that you will not hold the Company liable for any mismanagement, misuse, or mishandling of the data received… the Company will not be liable for any damage and/or loss and/or harm you may suffer due to… any inaccuracy, defect, error or omission of the data… provided by the chatbots… or for any actions taken in reliance upon it. If a client asks the chatbot how a platform tool or charting feature works and gets a wrong answer, that clause puts the consequence of relying on it back on the client.

Account access and platform security terms

The same Privacy Policy section governing chat also covers what happens if platform login credentials are compromised: “any use of the Website with the Client’s username and password is the Client’s sole responsibility. We shall not be held responsible for any such use, including for validation that the Client is actually operating in his/her account.” That clause sits alongside the platform description because it is the firm’s stated position on who bears the risk of unauthorised access to the traderoom, apps or desktop client, regardless of how the login was obtained.

What the evidence gathered does not cover

The pages fetched for this review describe the traderoom, the apps and the desktop downloads by name and file size, but say nothing about charting tools, indicator libraries, drawing tools, order types or execution speed on any of those platforms. They also say nothing about automated or algorithmic trading support, an API, or third-party platform integration such as MetaTrader or TradingView. Where the evidence is silent, this review reports silence rather than filling it in.

Special Offers

The only page in our evidence that describes IQ Option’s account structure and pricing is the firm’s own account-types page, aimed at UAE-based visitors. It lists three tiers, Standard, Islamic (swap-free) and Demo, and prices both the Standard and Islamic accounts as “Free/Forever”. Nothing on that page, or anywhere else in the material we fetched, describes a deposit match, a welcome bonus, a cashback scheme or a promotional credit. What follows is what the page actually says about what a client gets for free and what it costs to get it, not a promotions catalogue, because the firm’s own material does not present one.

What IQ Option gives away on the Standard tier

The Standard account, priced “Free/Forever” on the firm’s account page, bundles 24/7 support in the client’s own language, Arabic-language support specifically, instant withdrawals, and the option to switch to the Islamic account at any time. A free demo account is also part of the package, preloaded with $10,000 in virtual money, and the same page’s demo account entry confirms that this balance can be topped up again with no cap. That demo credit is the closest thing to a giveaway in the material we hold: it is virtual funds for practice trading, not tradable value, and the page does not attach any deposit or turnover condition to receiving it.

The no-fee claim on IQ Option’s Islamic account

The Islamic, swap-free account is also priced “Free/Forever” and the page states it carries instant account activation with no additional activation fee and needs “no documents” to switch on or off, with “no cooldown” when a client switches back to Standard. Read alongside those free-activation claims, the same page and the firm’s Islamic Trading Account FAQ set out what the client gives up to get them: while the Islamic profile is active, trading is “just limited to Digital (OTC) instruments while the Islamic account is active”, meaning access to 175+ Digital (OTC) instruments only, and the account “doesn’t include a personal manager”. So the fee waived is an activation fee, not a trade-off-free upgrade, and the condition attached to it, losing the broader instrument range and the personal account manager, sits in the same FAQ rather than in a separate terms page we were able to check.

What the evidence does not cover

The account page we read is geo-targeted (aimed at visitors in the UAE) and sits alongside a general restriction, stated on the same page, that IQ Option’s services are not available to residents of the United States, Canada, EU/EEA member states, the United Kingdom or Australia. Whether the “Free/Forever” pricing and the demo account terms described above apply the same way to visitors from those excluded jurisdictions, or whether any different promotional terms exist in other markets, is not something the pages we fetched address one way or the other. Similarly, the fee material we read names only one specific charge, an administrative fee “for any unreasonable or excessive requests” or for extra copies of personal data supplied under a data-access request, which is a data-protection charge rather than a trading or promotional one, and the amount is not specified. Beyond that single figure, the pages fetched for this review are silent on spreads, commissions and any other cost that might sit behind the “Free/Forever” tag, so a reader weighing that pricing claim against the fees score here should treat “free” as describing the account tier itself, not the trading costs incurred once it is funded.

Opening an Account

IQ Option runs three account types from the same sign-up flow: a Standard account, a swap-free Islamic account, and a demo. The firm’s own accounts page lists the Standard account as free to open, with 24/7 support “in your language,” Arabic-language support, instant withdrawals, and the option to switch to the Islamic account at any time. The same page describes the demo as $10,000 in virtual funds with unlimited balance refills, which is the only account a prospective client can use before any identity or funding step is required.

Switching to IQ Option’s Islamic account

The Islamic account carries all the Standard account’s features plus swap-free status and access to “halal trading assets,” and the firm’s accounts page states it activates instantly “with no additional activation fee” and no documents needed to activate/deactivate, with no cooldown period for switching back to Standard. That ease of switching comes with a trade-off the same page spells out: while the Islamic profile is active, trading is “just limited to Digital (OTC) instruments” from a pool of 175+ instruments, and the account “doesn’t include a personal manager.” A client who switches to avoid swap charges is narrowing what they can trade for as long as the switch is on.

Who IQ Option will not open an account for

The accounts page requires every applicant to confirm they are 18 years of age or older before registering. The same page states that services are not available to / not directed at residents of the United States, Canada, EU/EEA member states, the United Kingdom, or Australia, and describes a geo-block message, “IQ Option is currently unavailable in your country,” shown to visitors from countries the platform does not serve without publishing the full list of which those are.

Which entity signs you up depends on where you live

Which company actually onboards a new client is split by residency. The firm’s Licenses and Safeguards page states that IQBroker Europe Ltd, described on that page as “previously IQOption Europe Ltd,” provides services exclusively to EEA residents and holds Cyprus Securities and Exchange Commission licence 247/14, which the CySEC register confirms as an active investment firm licence for that entity under the matching name and former-name pairing. The Cyprus Registrar of Companies separately confirms the same entity as a registered company, HE 327751, active since 12 December 2013, though a company registry confirms a company and never a licence. Everyone outside the EEA is onboarded instead by SKY LADDER LLC, registered in Antigua and Barbuda under ILLC 004. That is a company registration, not a financial-services licence, and no financial regulator is named for this entity on the pages we read. The Antigua and Barbuda authorities publish no register of international companies or LLCs that we could check directly, so ILLC 004 stays unverified by us; a client wanting that confirmed would need to ask the Financial Services Regulatory Commission or the registered agent for a certificate of good standing. In practice this means a non-EEA applicant is signing up with a company that sits outside the CySEC licence entirely, even though the marketing and the sign-up flow look identical to an EEA applicant’s.

Confirming you are actually on IQ Option before signing up

We searched 930 warning-list entries mirrored from CySEC, the FCA, and the FSC Mauritius, and IQ Option appears on none of them. That same search turned up two lookalike domains a person searching for this broker could land on by mistake: CySEC’s List of Non-Approved Domains names forexiqoptions.co as a site not authorised to provide investment services under any Cypriot licence, without saying which firm it imitates, and the FCA register lists iqoptionfx.org as Unauthorised, again with no clone marker tying it to IQ Option specifically. Neither entry says IQ Option itself is on a warning list; they are separate domains a name search can surface, and an applicant opening an account should match the entity name and licence number (247/14) to what the CySEC and Companies registers show above before depositing anything.

What the sign-up terms bind a client to

The firm’s Privacy Policy states data, “including call recordings,” is kept “during our contractual relationship and for a minimum period of 7 (seven) years from the date of termination of the Service.” It also reserves a fee for data-subject requests: “We may charge you a reasonable administrative fee for any unreasonable or excessive requests we may receive, and for any additional copies of the data you may request,” without stating an amount. The same policy puts responsibility for account access on the client rather than the firm: “Any use of the Website with the Client’s username and password is the Client’s sole responsibility. We shall not be held responsible for any such use, including for validation that the Client is actually operating in his/her account.” A new client accepting these terms at sign-up is accepting long data retention, a possible fee for exercising their own data rights, and full liability for anything done under their login.

Deposits & Withdrawals

What a client can actually withdraw, and what it costs to move money in and out, depends on which corporate entity is on the other side of the account. Two entities operate under the IQ Option brand. The first is IQBroker Europe Ltd, previously named IQOption Europe Ltd; it holds Cyprus Securities and Exchange Commission (CySEC) licence 247/14, is confirmed active on the Cyprus Registrar of Companies as HE 327751, and, per the firm’s own Licenses and Safeguards page, serves EEA residents only. The second is SKY LADDER LLC, registered in Antigua and Barbuda; the firm’s Privacy Policy names this entity as the data controller and effective operator for clients outside the EEA. A client onboarded through the Antigua entity has no financial regulator named against their account at all in the material we read; the register check we ran on ILLC 004, SKY LADDER LLC’s Antigua registration, came back not checked, because Antigua and Barbuda’s Financial Services Regulatory Commission publishes no public register of international companies or LLCs for us to search.

What IQ Option’s own payment panel lists

The firm’s payment page lists four deposit methods, Credit/Debit Cards, E-Wallets, Bank Transfer, and Cryptocurrencies, and the same four methods again for withdrawals. The pages we read do not give a processing time for any of them, and we found no Indonesia-specific version of this panel in the material we read. Separately, the firm’s account-types page describes the Standard account as offering “instant withdrawals” as a listed feature; that is the firm’s own marketing language for the feature, not a figure we independently timed.

The Islamic account switch and its funding conditions

IQ Option’s account-types page describes a swap-free Islamic account that a client can switch to at any time from Standard, with instant account activation with no additional activation fee and no documents needed to activate/deactivate. The same page states there is no cooldown period switching back to Standard. The trade-off sits on the trading side rather than the funding side: while the Islamic profile is active, the page says trading is “just limited to Digital (OTC) instruments” and the account doesn’t include a personal account manager, even though VIP status otherwise carries over. Neither account-types page nor the Standard account listing states a minimum deposit figure, so we are not able to report one.

Terms that touch a client’s money without being fee schedules

The firm’s Privacy Policy sets an administrative fee, unquantified, “for any unreasonable or excessive requests we may receive, and for any additional copies of the data you may request” when a client exercises their data-access or erasure rights; the policy does not put a figure on it. The same policy also puts the risk of account misuse onto the client directly: “Any use of the Website with the Client’s username and password is the Client’s sole responsibility. We shall not be held responsible for any such use, including for validation that the Client is actually operating in his/her account.” For an account where withdrawals are processed on instructions tied to login credentials, that clause means a compromised password shifts the consequences onto the client, not the firm. The policy separately commits to keeping client data, including call recordings, “during our contractual relationship and for a minimum period of 7 (seven) years from the date of termination of the Service”, which covers financial correspondence a client might later want to produce in a dispute over a deposit or withdrawal.

What we did not find published

The pages we fetched list the deposit and withdrawal methods and describe the Standard account’s withdrawals as instant, but none of the pages fetched for this review states a minimum deposit, a minimum withdrawal, a withdrawal fee schedule, a currency conversion charge, or processing times for those methods. Our earlier capture, on 12 September 2026, found a USD 10 minimum deposit and withdrawal fees stated on IQ Option’s blog rather than on its fee pages. We are reporting what the fetched pages say rather than inferring that no such charges exist.

Customer Support

IQ Option’s UAE accounts page lists “24/7 support in your language” among the Standard account’s features, and its Islamic account page names an agent directly: “Sallah – Ready to help – Native speaker – Support 24/7”, alongside Arabic-language localisation for that market. The same accounts page gives a general contact address, support@iqoption.com, and the firm’s own terms and conditions publish a separate address for data-protection queries, internationaldpo@iqoption.com.

The live chat IQ Option advertises is not, by its own terms, a support channel

The firm’s Privacy Policy states outright: “The Company’s live public chat feature is not an official channel of communication between the Company and you. We will never communicate with you via the live public chat feature… information communicated via the live public chat feature can be accessed by any person. We do not control the content shared… and we shall not be held responsible in any way and for any actions taken or information shared via the live public chat feature.” A client who opens that chat window to resolve a dispute is talking into a channel the firm has contracted out of. Nothing said there binds IQ Option, and nothing typed there stays private.

The AI bot carries the same disclaimer

The Indonesia-facing site footer links to an “AI Bot” under the line “Got questions? AI Bot will help”. The terms and conditions cover its use directly: By utilizing the chatbots, you expressly agree that you will not hold the Company liable for any mismanagement, misuse, or mishandling of the data received… the Company will not be liable for any damage and/or loss and/or harm you may suffer due to… any inaccuracy, defect, error or omission of the data… provided by the chatbots… or for any actions taken in reliance upon it. A client who acts on what the bot tells them carries the full consequence if the answer turns out wrong.

What the terms say about a compromised account

On logins, the terms read: “Any use of the Website with the Client’s username and password is the Client’s sole responsibility. We shall not be held responsible for any such use, including for validation that the Client is actually operating in his/her account.” A complaint that starts with someone else having accessed the account has no contractual foothold under this clause: the firm does not undertake to check who is logged in.

Data held on a complaint, and the cost of asking for it

The Privacy Policy commits to keeping client data “including call recordings” for “a minimum period of 7 (seven) years from the date of termination of the Service used by you”. A recorded support call can therefore sit on file for years after the account closes. The same policy lets IQ Option bill for exercising data rights: “We may charge you a reasonable administrative fee for any unreasonable or excessive requests we may receive, and for any additional copies of the data you may request.” No figure is set; what counts as “unreasonable” is left to the firm’s own judgment, and the policy also reserves the right to change itself without notice: “We reserve the right, at our discretion, to add, modify or remove portions of this Privacy Policy in the future…”

Islamic account holders give up the personal manager

The Islamic (swap-free) account FAQ states that trading is “just limited to Digital (OTC) instruments” while the account is active, and that the account “doesn’t include a personal manager”. A client who switches to it for swap-free trading loses the dedicated account contact that the Standard account’s higher tiers carry, on top of the narrower instrument list.

The pages fetched for this review do not list a phone number, published live-chat hours, or a formal complaints-escalation procedure beyond the channels above; where the material is silent on those points, this review has left them unstated rather than assumed.

Prohibited Countries

IQ Option’s own account-eligibility page states that services are not available to / not directed at residents of the United States of America, Canada, EU/EEA member states, the United Kingdom, and Australia. That is the only jurisdiction list the firm itself publishes, and it applies across the board rather than country by country: no separate schedule of individually named states, sanctioned countries or territories appears on the pages we fetched.

How IQ Option enforces the block

The account-eligibility page describes a geo-block message shown on the platform itself: “IQ Option is currently unavailable in your country.” That message fires by detected location rather than by a published list, so the firm’s own material does not say which additional countries beyond the five named groups trigger it. The same page also requires every applicant to confirm they are 18 years of age or older before registering, a condition on who may open an account at all rather than a country restriction.

Two entities, split by EEA residency

IQ Option is not one contracting party. The firm’s legal page names two: IQBroker Europe Ltd, formerly IQOption Europe Ltd, registered in Cyprus as HE 327751 and holding CySEC licence 247/14, which the page says is “permitted to offer services only to EEA residents in accordance with CySEC regulation”; and Sky Ladder LLC, an Antigua and Barbuda-registered company (ILLC 004) that operates the IQOPTION brand for clients outside the EEA. The Cyprus Registrar of Companies confirms HE 327751 as an active limited company, and the CySEC register confirms licence 247/14 against that same entity and former-name pairing, though CySEC’s own listing does not itself state the EEA-only condition; that restriction comes from IQ Option’s legal page, not from the register entry. We could not check Sky Ladder LLC’s Antigua and Barbuda registration ourselves: the Financial Services Regulatory Commission there publishes no register of international companies or LLCs, so ILLC 004 stands unverified by us, and no financial regulator is named for Sky Ladder LLC at all.

Put those two facts together and the account-eligibility list reads oddly for UK and Australian residents in particular: they sit in the same excluded group as US and Canadian residents, yet the only EEA-facing entity the firm describes, IQBroker Europe Ltd, serves EEA residents exclusively. Nothing on the pages we read describes a route into an IQ Option account for someone resident in the UK or Australia through either entity.

What an earlier version of this review claimed, and why it was dropped

This material builds on an earlier draft that we are updating rather than re-verifying from the ground up. According to that draft, as of 27 July 2026 no restricted-country list could be located on iqoption.com, whether on the homepage, the legal page, the terms, or the legal-documents section. The draft also noted that a still earlier version of the same document had listed certain countries as supposedly off-limits, among them Iran, North Korea, Syria and Cuba, and that this list was subsequently deleted since it could not be linked to anything the broker actually publishes. We repeat this as what that earlier review reported, not as our own finding: our own check covered the pages listed above, and on those pages the only documented restriction is the USA/Canada/EU-EEA/UK/Australia group already described. If a reader’s country of residence falls outside that named group, the firm’s own published pages do not say one way or the other whether an account is permitted; the geo-block message is the only mechanism disclosed for anything beyond it.

Checking the CySEC and warning-list record

Beyond the eligibility page, we searched 930 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and IQ Option does not appear on any of them. That is a check of firm identity, not of country eligibility, and it covers only the three regulators we mirror. Two similarly named domains do appear on those lists: CySEC’s Non Approved Domains list names forexiqoptions.co, and the FCA register lists iqoptionfx.org as Unauthorised. Neither entry is IQ Option, IQBroker Europe Ltd or Sky Ladder LLC; a reader who lands on either domain while searching for this broker is not looking at the firm this review covers.

Conclusion

Our previous review scored IQ Option 4.3 out of 10; this one scores it 4.7.

Four of the six scored categories sit below the midpoint, and the reasoning behind each is checkable in the material above. Regulation lands at 4: CySEC confirms an active licence, 247/14, for IQBroker Europe Ltd, previously named IQOption Europe Ltd, on the Cyprus Securities and Exchange Commission register, and the Cyprus Registrar of Companies confirms the same entity as HE 327751, active since 12/12/13. But that licence only covers EEA residents. Clients onboarded from anywhere else sign with SKY LADDER LLC, registered in Antigua and Barbuda as ILLC 004, a company registration rather than a financial-services licence, and no financial regulator is named for that entity in the material we reviewed. The Antigua and Barbuda company registry could not be checked directly, since the Financial Services Regulatory Commission publishes no public register of international companies or LLCs, so ILLC 004 stays unverified by us rather than confirmed or denied.

What IQ Option charges

Fees score 3, the lowest of the five criteria. The fee material we read names an administrative charge for data-subject requests, “a reasonable administrative fee for any unreasonable or excessive requests we may receive, and for any additional copies of the data you may request,” with no amount attached. Beyond that, the account pages describe the Standard, Islamic and Demo accounts as priced “Free/Forever,” but the pages we fetched give no spread table, no commission schedule and no withdrawal fee figures for the Standard account. IQ Option’s blog, captured on 12 September 2026, does state a USD 10 minimum deposit and withdrawal fees, which is why fees score 3 rather than 2, but with no spread figure a round turn cost cannot be worked out.

Platform and instruments

Platform is the strongest category at 7. IQ Option runs its own web traderoom rather than MetaTrader, plus own-branded iOS and Android apps and downloadable Windows and macOS desktop clients, all listed on the firm’s own site pages. The Markets & Assets section of that same page lists forex, stocks, cryptocurrencies, commodities, indices and ETFs as tradable categories, though the pages we read give categories rather than instrument counts or per-symbol specs.

Support, and where it falls short

Support scores 5.8. The firm publishes an email for general queries, support@iqoption.com, a separate address for its Data Protection Officer, and native-Arabic-language support advertised as “Sallah – Ready to help – Native speaker – Support 24/7” on the Islamic account page. Set against that, IQ Option’s own Privacy Policy states plainly that its live public chat is not an official channel: “We will never communicate with you via the live public chat feature,” and that anything shared there “can be accessed by any person,” with the firm disclaiming responsibility for it. The footer also links an AI chatbot, for which the same policy disclaims liability “for any mismanagement, misuse, or mishandling of the data received” and for any “inaccuracy, defect, error or omission” in what it tells a client. A client relying on either channel for anything that matters is relying on a channel the firm has contracted out of standing behind.

Other terms worth reading before funding an account

The Privacy Policy also commits IQ Option to retaining client data, including call recordings, for “a minimum period of 7 (seven) years from the date of termination of the Service,” and reserves the right to change that policy at any time: “We reserve the right, at our discretion, to add, modify or remove portions of this Privacy Policy in the future.” Login security is placed on the client alone: “Any use of the Website with the Client’s username and password is the Client’s sole responsibility.” And switching to the Islamic swap-free account narrows the client to 175+ Digital (OTC) instruments while the Islamic account is active and drops the personal account manager, per the Islamic Trading Account FAQ.

Reviews and warning-list standing

Reviews scores 3.9, the second-lowest figure here, and nothing in the material we pulled explains that number beyond the figure itself. On the separate question of clone risk, we searched 930 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and IQ Option does not appear on any of them. Two lookalike domains do: forexiqoptions.co, which CySEC lists on its Non Approved Domains list without naming which firm it imitates, and iqoptionfx.org, which the FCA register lists as Unauthorised, with no clone marker on that entry. Neither domain is IQ Option, and neither register entry says otherwise; a reader typing the name into a search engine should stay on iqoption.com and check the licence number 247/14 against the entity name before funding an account.

IQ Option holds a confirmed CySEC licence, 247/14, for EEA clients only, pairs a wide own-built platform lineup with contract terms that disclaim responsibility for its live chat and AI chatbot, and scores 4.7 out of 10 overall.

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