IQ Option how it works
What are IQ Option?
IQ Option is a modern broker that provides its own convenient trading platform developed by professional traders, analysts and IT specialists. IQ Option was founded in 2013. The company has awards, both received at exhibitions and issued by reputable magazines. The geography of the company covers more than 100 countries.
IQ Option is a modern platform, a unique application that was appreciated by experts in the financial industry.
Users can trade various assets using CFD (Contract for Difference) financial instruments. At its core, a contract for difference is purely speculative in nature. It is a derivative financial instrument based solely on changes in the price of the underlying asset. However, it does not provide any rights to this asset.
The platform offers to invest in the most popular assets (300+ available assets), from well-known companies to hot startups. Traders always have plenty to choose from. Try you! Register right now!
- Currency pairs
IQ Option how it works?
In this chapter, we will look at how IQ Option how it works, and its main advantages. The trading platform offers users all the necessary features to start earning real money on their trades right now. Beginners and successful traders can watch interesting and comprehensive educational videos that will help you quickly learn all the secrets of the financial markets. Go for it, successful bidding!
The platform is very user friendly. It is constantly evolving and quickly adapting to the requirements of traders. The IQ Option trading platform can be installed on the device (PC) from which the trading process will take place. On the Windows and macOS app, the IQ Option platform is faster. There is also a mobile app for iOS and Android. Thus, you will be able to have full access to all services around the clock.
IQ Option has a clear interface, thanks to which you can customize the platform for yourself - from chart type to design.
The platform is quite user-friendly and intuitive. The main elements are concentrated at the edges of the graphic. The platform has a sound alert function. The user can set up notifications when the price reaches a certain level. Just find the price target on the chart for which you want to be alerted. There is also a unique feature for customizing indicator templates. If you prefer to use a certain combination of indicators in most cases, then you can save the indicator template. This is very easy and simple to do. You can access it on any asset in the "Templates" tab.
A vital part of a trader's success, especially those who trade frequently, is the ability to appreciate patterns in trading data. Technical analysis techniques can remove emotion from a trading decision. A technical analysis system can generate buy and sell indicators and help you find new trading opportunities.
- Trend indicators. Trend indicators allow you to determine the current direction of the trend, as well as notice the moment of a trend reversal in time.
- Indicators-oscillators. Oscillators are the second most popular category of indicators. Like trend indicators, oscillators are built based on the price, however, their own values do not correspond to the price ones, and fluctuate in a certain range (most often 0/100 or +100/-100).
- Volume indicators. help determine the interest of investors in a particular asset, as well as understand whether the price change is caused by the real interest of investors or purely speculative manipulations.
- Information indicators. This category includes instruments that provide users with information, but do not give direct signals to enter the market.
The most popular and basic indicator is considered to be the moving average (Moving Average). More than half of the strategies with the use of indicators also include MA. The MACD indicator belongs to the category of oscillators. MACD determines the degree of convergence and divergence of two moving averages with different periods. This discrepancy is displayed as a chart, and the higher the bars, the stronger the trend. Another popular oscillator is the Stochastic Oscillator. It consists of two lines, one of which shows the ratio of the current price to the previous values for a certain period, and the other is the moving average of the pen.
All transactions are made by the investor through the submission of orders. As a rule, four main types of orders are used - market, limit, stop-limit order and stop-market orders: stop loss and take profit. Stop loss is used to limit possible losses. If an investor adheres to the buy and hold principle, stop losses will be useless. Take profit will allow you to automatically lock in profits.
People tend to "fall in love" with their assets. Putting a stop loss eliminates the influence of emotions in trading.
What is IQ Option and how it works?
The answer to the question, what is IQ Option and how it works is of interest to both beginners and experienced traders. The platform gives you the opportunity to trade key CFD strategies that provide a chance to earn on the movement of asset prices with little initial capital. The key to success in CFD trading is preparation, planning and discipline. Take the time to learn and gain proper knowledge. Have a trading plan, strategy and focus. Be patient!
How to register?
If you are seriously interested in trading on IQ Option, the first thing you need to get started is to register and open a trading account with the company. To do this is quite simple and fast:
- Click the button below.
- Fill out the proposed form and click the "Open an account for free" button.
A prerequisite for trading on the platform is the passage of all stages of verification. In pursuit of the highest standards of security and reliability, the company wants to be sure that it is the account holder who makes trade transactions and makes payments on the platform.
The IQ Option platform provides two types of profile: regular and professional. By default, the company assigns the status of non-professional client to all new clients. You have the right to request that your category be changed by submitting a request. You will need to complete a questionnaire and upload the necessary documents confirming your professional status.
If you are a beginner, the platform gives you the opportunity to use a demo account to practice and gain experience. All major tools, functions, analysis tools, etc. are available on a demo account. All operations, quotes and the trading process itself are identical to the real market. It is also a great place to practice any strategy.
The demo account will be credited with virtual money ($10,000). Try it, everything will work out!
VIP-account is available to users who are ready to fulfill the necessary conditions: making a fixed deposit amount for a set period, and fulfill the set volume of trading turnover. For all questions, you can contact the support service at any time of the day.
This is an account with which you can trade any of the assets offered by the broker. You will need a minimum deposit, only $10, the minimum transaction amount is also small - $1.
You can use any Visa, Mastercard or Maestro debit or credit card (with CVV only) to make deposits and withdrawals. The card must be valid, registered in your name, and must be eligible for international online transactions.
You can fund your account using an electronic wallet such as Skrill, Neteller or others.
How to trade?
Traders can bet on both upward and downward movement. If a trader who has bought a CFD contract sees an increase in the price of an asset, he will put his share up for sale. The net difference between the purchase price and the sale price is subtracted together.
Leverage is a tool that can help you trade with more funds than you invest. For example, if you invest $10 and trade with x10 leverage, you will be able to make a profit equal to what you would get if you invested $100. Leverage increases pip value (minimum price movement) so your potential profit/loss increases faster.
There are no restrictions on the minimum withdrawal amount on the platform - you can withdraw amounts from $ 2 in the "Withdrawals" section. To withdraw less than $2, you need to contact the support service, and the specialists will tell you about all the possible options.
It takes some time for the company's specialists to verify the data and approve the withdrawal request. This usually happens on the same day or the next day if the application was sent after business hours.
The platform does not charge a fee for making a deposit.
Fees are charged for withdrawals depending on the country, on the withdrawal via bank transfer and on the amount of the withdrawal. There is also a fee for account inactivity for 90 (ninety) calendar days in a row.