If you are new to the world of trading you maybe heard about IQ Option broker and you were wondering, what’s it and how it works.
Or you just get interested in the IQ Option broker before and didn’t know what exactly broker does. Either way, maybe you have some questions regarding this broker. If you have some, then the following short article could help you to answer your questions. In this article, we will look at how to start trading with IQ Option broker, what does broker do, and we will also review this platform.
We hope that this article will answer all your questions and also help you, to better results with this broker. Let’s have a look at the article!
What broker IQ Option do?
IQ Option is a leading trading broker with an amazing custom made trading platform. Broker has millions of clients all around the world. IQ was established in 2013 and right now allows you to trade several instruments like ETFs, CFDs on stocks, cryptocurrencies, forex, indices, commodities, and others.
To see all the instruments and assets that you can trade with IQ Option broker, check this official list of all assets. In that list, you can also see more about the trading hours, minimum required investment, leverage and much more. As you will see in the asset list, IQ has a really big range of companies, commodities, currencies, etc… you can trade.
Right now the IQ Option trading platform is mainly based and used for trading CFD (Contract for Difference) instruments. In the past, this broker was also very famous for trading binary options, but now most of the clients are trading CFD’s.
For those of you, who don’t know what CFD trading means, here is a simple explanation. Under this trading instrument, you can have an outcome (money) that depends on the price of the asset without the need to own it. You just need to predict the direction of the price and create the deal by choosing ‘Buy’ or ‘Sell’. The outcome depends on the direction of the price of your choosing and the actual price movement.
For example, you can have a prediction that the price of gold will go up, so you make a trade in this prediction. If your prediction is right, you make money. You can make money on these price movements even without owning the gold. That’s good, isn’t it? These are CFD’s contracts.
How Can I Start Trading Using the Platform?
Di you get impressed by IQ option broker? Or are you sometimes thinking about register and trade with this broker?
To start trading, you just need to do a couple of very easy things. First, you need to register an account (you can do it there – on their official website). To go through the whole registration process of your account you will need to provide the necessary information. Some of the information that you need to provide are your complete name, phone number, email, password, date of birth, and your country of residence.
At the moment you provide all the proper information. Your registration is done. It takes a couple of minutes.
What to do after the registration?
It’s good to learn a few things about platform features and explore it properly. First, you should know is, that you can use the free demo account. This account comes with a $10,000 virtual credit which you can use for trading and testing their platform. This virtual money you can also use for testing your own strategies. You will see this function after you enter the trade room where you can open deals and start new investments. You can access this platform using your mobile phone via an amazing mobile trading platform or using your PC.
The second thing you should know, that the broker has got a really nice and own developed trading platform on which you can find many really useful trading tools like indicators, graphical types, chart types, and others.
Also, the IQOption got their own trading materials (videos, articles, etc…). These materials will offer you a run-through of the different types of instruments that you can use. You will also find videos for strategies, indicators, and patterns. For more information, you can also check out their FAQ section.
How high payouts you can expect?
Some novice traders think that the brokers have some type of “fixed” payouts, but that’s not true. IQ Option broker does not guarantee a fixed payout. Same as any other broker in the world. It all depends on your strategy, the amount of investment and also the instrument you are trading.
If you will have enough trading and to ensure safety and security, you can easily withdraw your funds at any time. To do this, you need to complete the withdrawal request and pass the verification process. That’s it. To get some know-how about trading, you can read our tips for beginners, that helped a lot of people already.
Trading is not that easy as it maybe looks like – be careful all the time! And keep in mind the risks.
Start trading with IQ Option today!
|Broker||Bonus||Min Deposit||Payout||Review||Open Account|
| ||FREE DEMO ACCOUNT||$ 10||Up to 100 % !*||Review||Trade Now!|
|*in case of correct prediction|
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
This is not a complete guide for sure. Surely, you have more questions about how to trade and how to use the platform. So, don’t hesitate to check our articles about IQ option broker:
- Maximize the use of indicators in day trading
- IQ Option demo and real trading accounts: Know the differences
- Binary options trading in Mexico – Is it legal? Where to trade?
- IQ Option – How to deposit and withdraw with WebMoney
- Market analysis with IQ Option – How to do it?
- Understanding IQ Option broker – Get to know this broker
- Discover the differences between Put options and Call options
- To trade with and without expiration – What should you know
- How to reload your demo account with IQ Option?
- How to open deals with IQ Option when the market is closed?