IQ Option how it works
What is the IQ Option?
IQ Option in the shortest possible time has become a prominent player in the binary options trading services market, thanks to the use of innovative technical solutions and the professional work of associates.
IQ Option is one of the largest options brokers.
IQ Option has been in existence since 2013 and is headquartered in Cyprus with registration number HE327751. It is regulated by CySEC in Europe and approved by the EEA. The platform provides its services in most countries of the world.
- Currency pairs in the Forex market;
- Goods (oil and precious metals);
- Stock indices;
- ETF funds;
On the IQ Option platform, assets are traded through CFD, which is becoming more and more popular every day. The trader does not actually own the underlying asset. CFD reflects the price movement of the underlying asset. Depending on the position taken, the trader will make a profit when the price of the asset moves up or suffer a loss if the price drops during the duration of the contract. Follow the link and try it right now!
IQ Option how it works?
So, what is IQ Option and how it works? It will take some time for the user to understand how to trade through the online trading platform. You need to be patient, and soon trading will seem easy and understandable.
The IQ Option platform provides real-time quote information. This information is systematized and grouped for display in the form of graphs. You can choose the time interval for which the information will be grouped. This periodicity is called a timeframe.
The IQ Option platform offers users online market forecasting and analysis tools such as charts and trading indicators. You can track where the market is moving and how it can affect prices using charting tools. You can even customize your charts based on your personal strategies and forecasts and save the indicator template. This is very easy and simple to do. You can access it on any asset in the "Templates" tab.
Almost all indicators are based on moving averages. Moving Averages is the simplest indicator available. The way to trade this indicator is simple: if the price is above the moving average, then only buys should be considered. If the price is below the moving average, then only sales should be considered. The user can also use two moving averages together. One with a smaller interval, the other with a large one.
- Relative strength index RSI. The key features when using it are the levels of oversold, overbought, as well as the average value. Based on the intersection of these lines, deals are opened to buy or sell.
- MACD indicator. The indicator consists of two moving averages and a histogram with a zero level. Combines the possibilities of trend trading, as well as moving averages.
- ADX indicator. It looks like three lines (+DI, -DI, ADX), fluctuating in the range from 0 to 100 in a separate window, common to all oscillators. ADX has one important parameter - the period.
One of the main technical analysis tools of the IQ Option platform are charts. It is on them that we observe price changes and make forecasts. Price movement is displayed by three types of charts: candlestick; linear; bars.
If you learn how to interpret the signals correctly, it will give you a positive effect. Before using this or that indicator and chart, you should understand exactly how they work and what is the methodology for calculating and reading them. Keep it up and you will definitely succeed!
You can download our application for Windows and macOs to expand the functionality of the platform, after which it will run faster. You can also install the application on your mobile phone. The user can get acquainted with the video tutorials at any time, in the corresponding tab on the control panel at the top “For Traders” - “video training”. Also contact support or chat. Go through a simple registration procedure and start investing!
What is CFD trading and how does it work?
On the IQ Option platform, the user trades using a CFD derivative instrument. The trader simply places a trade on the market based on what he has researched and then waits for the results. The essence of CFD trading is that it is a tool that can help people lock in profits even when the market is down. Whether the price of an asset moves up or down, you can make money without owning, buying or selling the asset itself.
CFDs can greatly improve your account with the possibility of margin trading.
In CFD trading, the so-called leverage (credit) is used, which allows the client to make transactions with amounts that are many times greater than the size of his security deposit.
The use of leverage allows investors to earn income with a relatively low initial deposit. Thus, working with CFDs can give a very high level of return on investment.
Success in trading depends on skills, patience, chosen trading strategy and starting capital. Make smart trades after you've completed the tutorial video. Novice users can test their skills and practice first on a practice account.
How to register?
In order to open a trading account on the IQ Option platform, you need to go through the online registration process. Make it easy and simple!
When registering, fill out the proposed form, indicating your real data. Immediately after registration, all platform services will be available to you. After creating an account, you will be able to log in to your IQ Option personal area, where you will have access to different accounts. You can switch between them for free!
There are two types of profile on the IQ Option platform: regular and professional. The professional profile has the ability to trade binary and digital options. Digital options combine the features of classic and binary options. A digital option allows you to trade on a variety of assets. Its main feature is that the profitability and risk on each trade depend on the selected strike price.
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.
You can always top up your practice account. To do this, in the upper corner, click the green “Top up” button and the icon with two arrows. By clicking on it, choose to replenish the training account.
On a demo account, you cannot withdraw profits from trades. You get virtual $10,000, which you use to make virtual transactions. It's just a workout. To trade with real money, fund your real account.
You can switch between accounts. To do this, click on the amount of your balance in the upper right corner. The panel that opens displays your accounts. Select the required account and it will become active.
Invest as much money as you are willing to lose. This does not mean that you will definitely lose money. But working with too large amounts can put unnecessary psychological pressure.
You can fund your real account with a debit/credit card (Visa, Mastercard) or Skrill, Neteller, Webmoney or other e-wallet. Many users prefer to use e-wallets due to the high withdrawal speed. Replenishment of the account is not charged commission!
How to trade?
All trading activity on the trading platform takes place using trading positions. The IQ Option platform provides a wide range of options for managing trading positions. A trader issues orders (orders), and a brokerage company opens or closes a trading position.
Trading position management consists of:
- opening a position — buying or selling a financial instrument as a result of execution of a market or pending order;
- position change — changing the levels of stop loss and take profit orders;
- placing pending orders — placing pending orders Buy Limit, Buy Stop, Sell Limit and Sell Stop;
- changing and deleting pending orders — changing and deleting unworked pending orders;
- closing a position - buying or selling a financial instrument for an existing position in order to close it.
Withdrawing funds is also very easy. The method of withdrawing funds depends on the method of depositing funds into the account. To withdraw funds, fill out the appropriate application on the “Withdrawals” page. Withdrawal requests are processed within 24 hours. If you withdraw funds to a bank card, the payment system and the bank will need additional time to process the transaction.
The spread may change depending on market conditions and liquidity. Under certain circumstances, the spread may be either higher or lower than the level indicated in our table.
Each wire transfer withdrawal may incur a fee of $31 or its currency equivalent. Withdrawal of funds for an amount less than 2 euros or an equivalent amount in another currency is not available, in this situation the Client must contact the support service.
Depending on the country, withdrawal fees through payment systems may be charged.
If within 90 (ninety) consecutive calendar days or more the Client does not receive an order to perform transactional Operations, the company reserves the right to charge a fee for the Inactive Account in the amount of 10 euros. This amount is deducted monthly from the unused balance of the Client's Account until the Account becomes active. The Commission shall not exceed the total balance on the Client's Account.