News article en

Funding your trading account from South Africa has just become easier and faster. South African traders can now make instant deposits to their IQ Option trading accounts with the following local banks:




  • FNB (First National Bank)
  • Capitec
  • Standard Bank
  • ABSA
  • Nedbank
  • Investec


To use one of these payment channels, simply do the following:

Go to the IQ Option website and click on ‘Deposit’ on the right side of the screen:

payment deposit en


On the next page, choose the amount you want to deposit and the bank of your choice:

payment amount en


Then click on ‘Go to Payment’:

go to payment en


Next, enter the necessary credentials in the payment gateway page and click ‘Login’:

payment login en


You will receive a one time pin code (OTP) on your phone which you need to enter. After the OTP is verified, you will receive a message which confirms that your deposit has been successfully processed:

payment successfully en


Alternatively, you can deposit directly from your trading platform via the green ‘Deposit’ button at the top right of the screen:

deposit button en


On the next page, click on the green button ‘Top Up Your Account’:

top up your account en


That takes you to a page where you can see all the different funding options available to South African residents. From there, the steps are the same as in the first example.


You are living in South Africa? Then you might be interested in our article: Trading IQ Option in South Africa


Risk Warning: Trading may not be suitable for everyone, so please ensure that you fully understand the risks involved. Especially trading leveraged products such as Options, Cryptocurrencies, Forex and CFDs carry a high degree of risk to your capital and can result in the loss of your entire capital. Between 74-89% of retail investor accounts lose money when trading CFDs. Only invest with money you can afford to lose.