The causes for IQBroker account block

To receive the profile ban on IQBroker, the person has to either break one of the core rules of the platform or start performing the actions which do not fall into the usual pattern. If there were spotted any kind of suspicious details, during the next login the person will see the pop-up notification about account block and the reason explained below. Out of the most common occurrences, there are:

1. Accessing from the restricted areas. If the account owner is from USA, Australia, Belgium, Israel, Sudan, Syria, Iran, North Korea or Japan, or tries to conceal this fact, then the account will get the permanent block. According to the law projects of the listed countries, the trading there is either prohibited or registered with corresponding licenses on the governmental level.
2. Card replenishment requests which are registered on another person. The user is allowed to withdraw the funds only to the systems that confirm that the account owner and transaction receiver is the same person. In the cases like this, the administration has the right to block the account, suspecting that it has been manipulated by the hacker.
3. Demands for opening real account without completion of verification surveys. To be able to trust its users, the IQBroker platform must complete the basic background check on the person who is going to works with the funds and legal operations. The users who do not want to compel with this statement also fall into the potentially blocked category.
4. Faking the legal data. If the person provides false information, forges the documents or makes other actions that do not correspond the reality, then this is considered as deliberate lie or, if someone’s information is used instead of the account owner’s, identity theft. Such cases guarantee the permanent ban of the account.
5. Multiple accounting. According to the in-platform regulations and general trading rules, it is prohibited to maintain several profiles under one representative face. This is considered as market manipulation attempt and causes immediate banishment of all such accounts.
6. Pattern break. Especially with the durable presence on the platform, the system learns to differentiate how the user actually behaves and when the account owner is replaced by fraud. Once the unnatural trading deals or transactions occur, the staff blocks the account, allowing the owner to unlock it back after contacting the support team.

Some of the issues leave the room for disputes, but the majority of them do not allow to return to IQBroker platform. As the trading deals with legally concluded financial transactions on the reasonable sums, it is essential to keep the clarity of such data.

What happens after closing IQBroker account

If the platform really spots any suspicious moments, it immediately blocks the account, not leaving the opportunity for the fraud to continue. The notification about it is displayed on the login page and is sent additionally to the owner’s e-mail address. In it, the reason for account block is mentioned and potential course of action if it still can be restored.

Unblocking the account on IQBroker

Once the user gets an opportunity to restore the account activity, this will be mentioned in the messages from administration. To complete the procedure, the person will have to contact the customer support center and justify the reasons, by which the profile should be active again. If all the arguments are valid, the administration restores the account and, if there was the break-in, recommends to change the password to more reliable combination.

IQBroker account closing

Some of the cases may require from the user to stop the trading activity, either for a prolonged period or forever. Then, it is necessary to block manually any access to IQBroker account so that it could not be used by frauds, especially while storing such valuable private information, as identity documents. To initiate the account block, it is necessary to:

1. Open “Account settings” tab from the menu.
2. Choose the option “Temporary closing of account” or “Deleting account”.
3. Read through the warning messages which tell about consequences.
4. Confirm the action with the button below.

Is it possible to open new account?

If the account which has already been registered on IQBroker is currently deleted or blocked, it is possible to open the new profile which will not transfer any information. This will also mean that there is no opportunity for verification status transfer, requiring to submit the documents again. With the temporarily closed account, it is up to the owner if the old profile should be opened, or it is more relevant to open the new one.

Reopening the IQBroker account

For the traders who have decided to reopen the account after a long absence, it is necessary to address the e-mail letter to the support center, from the attached address which was saved in the system. In such way, the administration will just have to compare the e-mail with linked accounts and confirm the unlock. All the archived data should restore soon, revealing all the details about previous activity.

Traders’ reaction to account blocking

The people who have spent a lot of time with IQBroker and are rather familiar with the platform’s Terms of use agree with the listed statements and support them in their current form. According to their words, all of the claims are completely justified and should be inherited by other trading platforms, too.

Reasons for closing the trader account

There may be different reasons which actually influence the decision on account locking. Some traders feel like there is no need in continuing the work in such sphere, others plan the temporary leave, and some cannot decide on quitting completely. No matter which choice will be made in the future, there is a need to block the access to the account and, at least, let it be archived so as not to allow any intrusions. With the verified personal information, it will be difficult to predict the disaster caused by abandoning the open account.

Is IQBroker true or fake

With the multiple awards, millions of active users, worldwide recognition, the IQBroker has built an indestructible reputation. Over forty million of traders from 213 counties of the planet have experienced the work with IQBroker, leaving overwhelmingly positive reviews about it. It provides every necessary feature the trader requires – from convenient funding management to the opportunities of training and experimenting thanks to the demo account. Also, all the trades concluded are verified according to the worldwide regulations, providing completely legal experience during the work.