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OPEN ACCOUNT WITH THAI BAHT, PHILIPPINE PESO, AND SOUTH AFRICAN RAND NOW

 

News article enIQ Option traders from Thailand, the Philippines, and South Africa can now have trading accounts denominated in their local currencies. Of course, these traders are not limited to their local currencies - they can also choose between a few other currencies like, for example, the U.S. dollar, euro, British pound, and in some cases, the Russian ruble.

 

 

 

Currency Minimum deposit
United States Dollar 10
Euro 10
 Russian Ruble   300
British Pound 20
Malaysian Ringgit 40
Chinese Yuan 70
 Indonesian Rupiah 100 000
Viatnamese Dong 200 000
South African Rand 150
Philippine Peso 500
Thai Baht 270

 

The minimum deposits for ZAR (150), PHP (500), and THB (270) all translate to roughly $10 and the minimum trade size with each of these account types is about $1.

Clients from South Africa, the Philippines, and Thailand can now send money to IQ Option without incurring the foreign exchange cost of converting their local currency to dollars, pounds, or euros. Of course, withdrawals are also cheaper because once again there is no currency exchange.

 

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.