IQOption.com is a forex broker.IQ Option offers the Mobile trading currency platforms. IQOption.com offers over 15 currency pairs, cryptocurrency, cfds, binary option and ETFs for your personal investment and trading options.
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What is IQOption.com?
IQ Option is a trading platform that helps you start your journey as a trader. We offer the following instruments: CFDs on currency pairs, CFDs on stocks, CFDs on commodities, CFDs on cryptocurrenceis, CFDs on ETFs, Binary Options, Digital Options etc. You can start practicing on a demo account, and then continue trading with real funds. Our graphical tools and convenient technical analysis indicators help you make trading decisions.
FREQUENTLY ASKED QUESTIONS
Q: What is volatility?
A: To put it simply, volatility is how much a price changes. With low volatility, changes are insignificant on the chart and the asset might expire at the same level where you opened a position. But when the chart shows high volatility, the asset’s level fluctuates quickly.
Q: What is the minimum and the maximum investment per trade?
A: The minimum investment amount is 10 USD/GBP/EUR. The maximum investment amount is $20,000. The maximum amount on some assets may vary according to the market conditions.
Q: How do I make a deposit?
A: You are welcome to deposit using a debit or credit card (Visa, Mastercard or Maestor) or an e-wallet like Skrill, Neteller, Webmoney and other e-wallets.
Many of our traders prefer using e-wallet instead of bank cards because it’s faster for withdrawals. And we have a good news for your: We don’t charge any fees when you make a deposit.
Q: What is the minimum and maximum withdrawal amounts?
A: We have no restrictions as to the minimum withdrawal amount – starting from $2, you can withdraw your funds. To withdraw amount less than $2, you will need to contact our Support Team for assistance. Our specialists will provide you with the possible scenarios: The maximum allowable withdrawal amount is $1,000,000.
Q: How long does it take to process the withdrawal?
A: For every withdrawal request, our specialists need some time to check everything and approve the request. This is usually no more than 3 days.
We need to make sure that the person who makes a request is really you, so that nobody else can access your money. This is necessary for the security of your funds, along with the verification procedures. After that, there is a special procedure when you withraw to a bank card.
You can only withdraw to your bank card the total amount deposited from your bank card within the last 90 days. We send you the money within the same 3 days, but your bank needs some more time to complete the transaction ( to be more precise, the cancellation of your payments to us).
Alternatively, you can withdraw all your profits to an e-wallet (like Skrill, Neteller or Webmoney) without any limits, and get your money within 24 hours after we complete your withdrawal request. This is the fastest way to get your money.
Q: Do I need to provide any documents to make a withdrawal?
A: Yes. You need to verify your identity in order to withdraw funds. Account verification is necessary in order to prevent fraudulent financial transactions on the account.
Q: What is rebuy in the tournament?
A: Is some tournaments, you can reload your account balance by depositing the original amoun in real money. For example, if a tournament allows rebuys and your starting balance is $100, you can click “Rebuy” next to the balance and you will have $200 on your account. The number of rebuys during the tournament is unlimited, but only fi the current balance and the profit from open positions is less than the starting balance. At the start of the tournament, you can reload once. The rebuy amounts are totaled and added to the tournament prize pool.
Q: How can I collet a prize in a tournament?
A: If you are awarded one of the prizes in the tournament, your winnings are automatically credited to your real account when the tournament ends. Usually this happens instantly, but in some cases it may take from several minutes to an hour.
Q: How does a multiplier work?
A: CFD trading offers the usage of a multiplier which can help a trader to control the position that exceeds the amount of money invested in it. The potential profitability (as well as risks) will also be magnified. Investing $100 a trader may get the return that is comparable to a $1000 investment. That’s the opportunity a multiplier can offer. However, remember that the same goes with the potential losses as these would be multiplied as well.
Q: What is Slippage?
A: Please note that Slippage may occur when trading in CFDs. It is the difference between the expected price of an order and the price at which the order is actually executed. It can work either positively or negatively. It’s likely to occur during periods of higher volatility when market prices fluctuate very quickly. The situation can occur with either Stop Loss and Take Profit orders.
Q: How to trade CFD instruments (Forex, Crypto, CFD)?
A: New CFD types available on the IQ Option trading platform include CFDs on stocks, Forex, Indices, CFDs on commodities and cryptocurrencies, ETFs.
The trader’s goal is to predict the direction of the future price movement and capitalize on the difference between current and future prices. CFDs react just like a regular market, if the market goes in your favor the your position is closed in The Money. In case market goes against you, your deal is closed Out of The Money. The difference between Binary or Digital Options and CFD trading is that your profit depends on the difference between entry price and closing price.
In CFD trading there is no expiration time but you are able to use a multiplier and set stop/loss and trigger a market order if the price gets a certain level.
Q: How many options can I buy per expiration
A: We don’t restrict the number of options you can buy for an expiration or an asset. The only limitation is in the exposure limit: if traders have already invested a large amount in the asset you have selected, the amount you invest is limited by this exposure limit. If you are working in an account with real funds, you can view the investment limit for each of the options on the chart. Click on the box where you enter the amount.
Q: How to calculate profit in CFD trading?
A: If a trader opens a long position, the profit is calculated according to the formula: (Closing price / Opening price – 1) x multiplier x investment. If a trader opens a short position, the profit is calculated according to the formula (1-closing price/opening pirce) x multiplier x investment.
For example, AUD/JPY (short position): Closing price: 85.142 Opening price: 85.173 Multiplier: 2000, Investment: $2,500. The profit is (1-85.142/85.173) X 2000 X $2500 = $1.819.82
Q: How to trade Binary Options?
A: Binary options trading involves deciding whether the price of the underlying asset is going to increase or decrease. If you choose Call option: you get profit if the closing price is higher than opening price. If you choose Put option: you get profit if the closing price is lower than the opening price.
However, if you have incorrectly predicted the price movement (upwards or downwards) of the underlying asset, you will incur a loss of 100% of your invested amount.
Call Option: closing price > opening price
Put Option: closing price < opening price
This type of trading offers only two outcomes: you either get profit or lose your investment only. It does not matter how significantly price changes. If the closing price will be equal to opening price, your initial investment into a deal will be returned back to your balance.
Q: What is the best time to choose for trading?
A: The best trading time depends on your trading strategy and a few other factors. We recommend that you pay attention to the market schedules, since the overlap of the American and European trading sessions makes prices more dynamic in currency pairs such as EUR/USD. You should also follow market news that might affect the movement of your chosen asset. It’s better not to trade when prices are highly dynamic for inexperienced traders who don’t follow the news and don’t understand why the price is fluctuating.
Q: What are the profit after sale and the expected profit?
A: As soon as you buy a Put or Call option, three numbers appear on the right top side of the chart:
Total Investment: how much you have invested into a deal
Expected Profit: possible result of the transaction if the chart point at the expiration line ends up at the same place where it is now.
Profit after Sale: If it is red, it shows you how much of the invested amount you will lose your balance after sale. If it is green, it shows you how much profit you will get after sale.
Expected Profit and Profit after sale are dynamic, as they change depending on several factors including current market situation, how close the expiration time is and the current price of the asset.
Many traders sell when they aren’t sure that the transaction will give them a profit. The selling system gives you the chance to minimize losses on doubtful options.
Q: What is OTC?
A: Over-the-counter (OTC) is a trading method that is available when the markets are closed. When trading OTC assets, you get quotes that are generated automatically on the broker’s server in a way that maintains equilibrium between buyers and sellers.
Every Friday at 21:00 and every MOnday at 00:000 am (GMT time) IQ Option is switching from market trading to OTC trading and from OTC trading to market trading.
Q: How to trade Digital Options?
A: Digital Options trading is similar to Binary Options trading. The main distinctive feature is the profitability and the risks of each deal that depend on a manually chosen strike price on the right side of the chart.
-Potential profit on Digital Options can be up to 900%. However, an unsuccessful trade will result in loss of the investment.
-The closer strike price is to the current price of the asset – the lower your risks and potential profit are.
Note that digital options will expire-in-the-money only if the acutal price is not identical to the strike one. For call options it should exceed the strike price by at least one pip, for put options it should fall behind the strike price by at least one pip.
Q: How to start trading?
A: if you are using IQ Option platform for the first time and if you don’t have much experience, you can start watching tutorials below.
Address: Hinds Building, Kingstown, St. Vincent and Grenadines
Registration No. 24840 IBC 2018
Email: [email protected]
Disclaimer: This article should not be viewed as an endorsement of any of the services mentioned. Please do your own research before considering investing any funds. You should never make an investment into any online program if you do not know what you are doing.