This moves them alongside the more established brokers and CFD operators in Europe and beyond. The company is based in Saint Vincent and the Grenadines. Trading Platforms Rather than opting for a standard trading platform, IQ Option has chosen to provide its clients with a proprietary platform designed specifically to cater to their trading needs.
The same platform is used for CFDs and for binary options trading. Well designed to be user-friendly, the platform features a large chart which is a great help for traders who wish to monitor the conditions in the markets. Margin trading is also now available with certain instruments. In addition, the platform comes with a wide selection of trading tools that are typically not found on any binary capable trading platform.
The brand often add new feature to the platform to offers traders more flexibility. This allows a trader to hold a trade open if it is approaching a stop loss. It gives the trader more scope to allow trades to recover before being closed. It must be used with discipline, but offers traders new risk management or trading strategy options. Mobile Trading For traders that are unable to remain at their trading terminal for any prolonged period of time, they can install the mobile trading app that has been provided free of charge by IQ Option.
The mobile trading app which has been designed specifically for smartphones and mobile devices, allows traders to check their account status, keep updated with all the developments in the market as well as to execute trades. Potential traders who wish to try out the platform can first sign up for the demo account. The only kind of promotional offer which traders at IQOption are able to participate in is the trading competition which they can join for an entrance fee.
They consist of a selection of currency pairs, market indices, stocks and commodities. Recently, IQ Option has also added a selection of 12 different types of cryptocurrencies for its clients to trade in. The list of markets available to trade is constantly growing. Recently, the firm expanded their list of forex pairs and company stocks and shares, taking the total beyond Expect this expansion to continue in all areas.
IQ also spread markets across all products, so things like Oil, Gold and Silver were added to Digital trades asset lists. Minimum trade sizes do change with each product. These effectively work like a leveraged trade, so price movements in the underlying assets are magnified. IQ Option first introduced this idea with Bitcoin x2. This amplified the prices movements by 2 times, creating higher opportunity — but also higher risk — for traders. Most cryptocurrencies are based on blockchain technology, where its security is governed by confirmations.
As their popularity grows, they have quickly become an accepted payment method around the world. A cryptocurrency glossary As with any asset, crypto trading has its own set of integral rules and terms that traders have to follow in order to understand the market and its conditions. It means purchasing cryptocurrency with the intention of keeping it for a long time and expecting the price to grow Satoshi — 0, BTC — the smallest part of a BTC, it can be compared to 1 cent in USD Bulls — traders who believe that the price will rise and prefer to buy at a low price and then sell at a higher value later Bears — traders who believe the asset price will decrease and may benefit from the asset value going down Step by step Crypto trading Cryptocurrencies on IQ Option are presented as CFD-based trading.
This means that when a trader opens a deal, they make predictions regarding the change in price of the asset in question. Find the cryptocurrency that you are interested in and then enter the amount that you wish to invest Choosing the investment amount in the traderoom 3. Note that cryptocurrencies are traded with a multiplier A multiplier is the analogue version of standard leverage. It provides you with the possibility of a higher outcome, but it also increases the risk.
Choosing the multiplier in the traderoom Based on your investment and the chosen multiplier, you will then see the total trading volume. This is the amount which the outcome of the deal will depend on. Traders are able to reduce this level e.
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