IQ Option is an online trading platform with which you can earn money on binary options, stocks, cryptocurrency, forex and commodities. This broker was founded in 2013. For 7 years it has won recognition from users all over the world:
This platform is regulated by CySEC, which proves that the company is not a fraud. For 7 years IQ Option has received the following awards:
You can see some of the awards in the photo.
In IQ Option you can trade cryptocurrencies, options, CFD, ETF and forex. Below is a detailed overview of each asset.
Platform users can trade Ripple, Bitcoin Cash, Zcash, Bitcoin Gold, Monero, Dash and other cryptographic currencies. At the same time, their list is constantly expanding. Trading on coins is one of the most profitable types of trading. For example, in 2017 the price of Bitcoin rose by 617%. The cost of Ethereum and Ripple in the same year rose by 2900% and 1000% respectively.
To make money, you need to predict the growth/decline of the cryptocurrency and make the right decisions. Below you can see an example of Ripple coin analysis.
In IQ Option you can earn on binary and digital options. In the first case, your profit depends on whether you can predict whether the price will go up or down. Trading digital options is a bit similar, but in this case you earn the degree of price change. If the value of the asset reaches the price specified by the trader, you will receive up to 900%. If the trade is unsuccessful, you will lose your investment.
When trading CFDs, you can significantly increase your profits. But be careful when making trades - if you lose, your losses will also increase. By trading CFDs, you can quickly increase your profits, unlike other classic trading instruments.
In IQ Option, CFDs on stocks, Forex and crypt currency are available. When trading on CFDs, adhere to the following principles:
Simply put, ETF is a basket of currency instruments that is considered as one asset. With this asset, traders have access to a specific market sector that (they think) will grow or fall. ETFs can be traded by experienced investors as well as beginners. The minimum deposit amount is 1 dollar.
With the IQ Option you can make money on Forex. The platform gives you access to more than 200 popular currency pairs. To make money on currency fluctuations, use fundamental and technical analysis. Remember that wrong decisions can lead to a loss of your investment.
There are 3 account types in IQ Option: demo, standard and VIP. Let's take a closer look at each of them.
Demo account is designed for beginner traders and those who want to get acquainted with the platform. When you register, you will receive virtual $10000, which can be used to hone your skills and trading strategies. There is no time limit on the demo account - you can trade for at least a year. If you run out of funds, you can recharge it.
To switch to a standard account, you need to deposit it for 10 dollars (minimum). In this case you will get access to all assets and can start earning. Please note: you will need to go through a verification procedure the first time you withdraw funds.
You will need to be from Europe or North America to get a VIP account with IQ Option. You will need to make a deposit of $1,900 or have a trading volume of $15,000 in the last 3 months.
Traders with VIP account will receive:
Another way to make money in IQ Option is to participate in tournaments against other traders. You will receive notifications about upcoming competitions in the trading interface. You can also see the existing tournaments in the menu on the left.
To participate, you will need to pay an entry fee. After registration, a special account with a fixed amount will be opened. All participants will receive the same amount for trading. To win, you need to earn as much as possible.
The prize fund is distributed among the first 10 participants. The leaderboard is available for all participants. With it you can track your position in the competition and see how much others have earned.
You can deposit into the system using payment cards, bank transfer, electronic wallet and Bitcoin. To do this, go to the "Deposit" section, select the amount and method of payment. The procedure of depositing is shown on video step by step.
You can withdraw money to an electronic wallet, bank card or via bank transfer. First you will need to go through a verification procedure - in this way you will prove that you are a real person and you have reached the age of 18. Details of the withdrawal procedure are shown in the video.