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