IQ Option

Welcome!  Today its all about  IQ Option feel free to comment aniqoptiond ask any question.

IQ Option first came onto the scene in 2013 and has gained a steady a

mount of investors since then. When you checked online you will find that the sites give very favorable reviews and is generally well thought of by those that have traded with them. The site definitely caught my attention when I discovered how much those that traded with them highly regarded this web broker. That is way back feb 2016.

Here is a review of what i feel is a very well done and worthy site to trade binary options on.

I will go through everything from the signup to the site, placing trades and customer support.

Basic information:

Online since: 2013
Regulation: CySEC (IQ Option Europe Ltd., located in Limassol, Cyprus)
Jurisdiction: Cyprus
Software: IQoption
Max Returns: 92% *Amount will be credited to account in case of successful investment
Minimum Deposit: $10
Minimum Investment: $1
Maximum Option Price: $5000
Currencies: USD, EUR, GBP, RUB, TYL, BRL, MYR, IDR, VND, CNY
Mobile Application: Android, iOS

Pros:

  • Proprietary trading platform
  • Good variety of options
  • Excellent returns (up to 92% in case of correct prediction)
  • Interface is very friendly
  • Smallest minimum investment we have ever seen
  • Regulated by the respected CYSEC agency
  • Stand-alone demo account
  • Interactive learning tools

Cons:

  • Customers not accepted from: USA, Canada, Australia, Belgium, Israel, Palestine, Japan, Russia, Turkey, Syria, Sudan, North Korea and Iran.
  • Users from following countries can not trade from the iOS mobile application: Malta; Android application unavailable for: Malta, Myanmar, Liechtenstein, Cuba.

    Using IQ Option on Mobile

    using-iq-option-on-mobileSince its launch in 2013, IQ Option has been at the forefront of developing innovative technologies in the binary options trading industry. It was the first Russian broker in the sector, and the team behind it used their expertise to create new and effective features that make the platform easier to use.

    In the world of binary options trading, that means giving traders features that help them more effectively analyze the market and place profitable trades (with risk of course).

    One of the most popular of these technical innovations is IQ Option’s mobile app.

    The IQ Option mobile app is one of the best mobile apps from any binary options broker. It is extremely user-friendly. This is, in fact, one of the app’s biggest selling points, as many of the other apps available in the industry are difficult to use.

    In fact, with most apps, you have to be an experienced trader who has a deep understanding of the intricacies of the market and the technical jargon used. Not the IQ Option app though. It is powerful and also jargon free and easy to use.

    The app simplifies the process of trading binary options, and many traders prefer using it over the desktop website.

    It has a comprehensive range of features, so you can do everything you need to successfully trade binary options or forex. There are a few different indicators available in the mobile application. All the graphs are easy to read and have an incredible level of detail, particularly when you pinch the screen to zoom in. Placing a trade takes a couple of simple taps.

    It has a modern interface, and everything loads fast. In terms of look and feel – as well as functionality – the IQ Option’s app is a lot like a sports betting app. If you have used one of those, you will quickly get the hang of the IQ Option app. Just like in sports betting, it is all about making an accurate forecast. There is risk involved too— you will lose your money when your predictions are wrong.

    The app is secure, so your money and personal data are safe. It also offers good notifications, so you can get involved in tournaments and check price trends as they are happening.

    Downloading the App

    The IQ Option app is available in Apple’s App Store and the Google Play Store for those with Android devices.

    iphoneEven if you haven’t used a mobile app for binary options trading before, it is good to have the facility. The reality is that most traders do use desktops when trading, but mobile is a growing market for the industry. This is the reason why forward-thinking operators like IQ Options are investing in their mobile offering, so they can give users a better level of service. This sort of innovation is why so many traders choose to use IQ Option to invest their money.

    Sign Up

    The landing page for signing up to the site is very straightforward and easy to understand and that was echoed in the actual signup process to access the website.

    I just had to fill out a simple form, verify my identity by providing some information to gain access to use the broker for placing binary options trades.

    IQ Option was very similar to other web brokers we have signed up with and we found it a very simple process to get done.

    Right off the bat i was amazed that all it took was a low minimum deposit of $10 USD or British Pounds to get started trading. That is just about the lowest deposit I have ever seen to enter into trading with a web broker.

    I invested a little more than that because I wanted to see how well their worked but so far I was not turned off at all by the signup process and was looking forward to seeing what else they did right with their brokerage website.

    Video on How to Trade on IQ Option

Types of accounts

IQ Option likes to keep it simple and treat everyone fairly no matter how much they invest so there are only two different account levels on the website Here is what each has to offer:

IQ Option Real Account

More than 500 assets

Full access to trading opportunities

Participation in trading competitions (subject to terms and conditions)

Fast withdrawals in just 1 working day

Real money trading

Start with a $10 deposit

IQ Option VIP account

More than 500 assets

Full access to trading opportunities

Participation in trading competitions

Faster withdrawals in just 24 hours

Real money trading

Personal manager

VIP access with deposit from $3,000

Account and Banking Options at IQ Option

IQ Option offers a number of different accounts that you can sign up for. Which one you chose depends on your objectives and the amount of money you want to allocate to binary options trading.

Most people start with the Real Account which has a very low minimum deposit of $10. Your account will give you access to over 500 assets that you can place trades on. All trading features are included with this account, so you can make substantial profits if you make the correct price predictions.

Another account offered by IQ Option is the VIP Account. It has a $3,000 minimum deposit, but it comes with additional benefits. This includes a personal account manager who will help you make the most of your account.

A number of options are available for depositing money into your account. These include:

  • Credit or Debit Card (Visa, Mastercard, Maestro)
  • Skrill
  • Neteller
  • Boleto
  • Qiwi
  • WebMoney
  • iDeal
  • Fasapay
  • Sofort

The low minimum deposit of $10 that IQ Option offers is flexible, but it doesn’t mean you should stick to this low amount. It is always best to base your trading pattern on what is happening in the market and your current financial position.

Everyone has to go through a learning curve, and that will mean some losses. It is much easier to deal with small losses than large ones when testing out a new trading platform.

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What is Binary Option ?

 

How to Trade Binary Options as a Beginner?
Trading binary options is a popular way of trading online. This guide will help traders to find out what binary options really are, how to find a proper broker, and finally, how to place a trade, and make a withdrawal with his broker of choice. This article can be seen as an overview of all important topics for binary options beginners.

Here is some knowledge of binary options. Check the part you are interested in the most:

    What are binary options?
    How to trade binary options?
    Example of binary options trade
    How to select a binary broker?

What are Binary Options?
Binary options are also known as exotic options, which can be explained as an investment type with a fixed return in a predetermined period of time. With only two possibilities to choose from, will asset price rise of fall, traders can trade binary options. Beginners like this linear way of trading that is straightforward, but please bear in mind how this is not a game, but a real type of trading where money can be lost.

There is a variety of binary options from which traders can choose from; they can be short term and long term options. The majority of brokers offer a selection of trade options, such as trading on 60 Seconds, High/Low, One Touch, Pairs, Ladder Options etc.
How to Trade Binary Options?
As already mentioned, binary options are not difficult to understand. You as a trader don’t have to own a certain asset to trade it, as you are placing a trade based on the price prediction.
Every binary trade has several elements:
Asset – currencies, stocks, commodities, indices
Expiry time – it can be anywhere from 30 seconds to end of month, or even longer
Trade amount – the amount you are willing to invest in your prediction
Direction – will the price go up or down, usually market with Call and Put
Payout – percentage you will make out of your investment in case you are right

When trading binary options, you can select an asset, expiry time, trading amount, and direction, while the payout is determined by the broker.
Simply follow all available information you can get from the broker and then make a prediction. You can use different tools and charts available on the platform to execute an analysis. These features are useful not only to professionals but to binary options beginners as well.
Example of Binary Options Trade
Let’s say you want to trade binary options with Apple stocks. In the asset list, select Apple. Then, select the expiry time. If you decide to place the end of day trade, you will have to wait until the end of the day to see whether or not you managed to make money. If you choose turbo options, you will wait only a minute. It is up to you. For this example, let’s say you choose 1-hour options.
Now that you have selected the asset and the expiry time, you should select the direction, based on your analysis and prediction. Let’s say that you will trade Call options because you think the price of the Apple stocks will rise or fall in the following hour. The payout for this trade is 87%, and you decide to trade $100.
In the case of a successful trade, you will make $187 (100 investment + 87). If you were wrong, you will lose your investments.
In case you want to test your skills, make sure to find a broker who offers a binary options demo. Demo accounts are special accounts where you can trade virtual money and test the platform in every possible way. There is no risk involved in this type of trading, but also no real profit can be made. However, you get a unique opportunity to test the platform in every way you can imagine.
How to Select a Binary Broker?
In order to place a binary options trade, one must have a binary broker. Binary brokers are companies that are delivering platforms for binary options trading. There are several types of binary brokers, but the most popular categorization is based on the regulation status. Regulated binary brokers have a license provided by a regulatory agency. All countries have such regulatory bodies for financial companies that operate in their markets, but not all of them are keen to providing licenses at a reasonable pace. This makes some regulatory bodies more popular among brokers than other.
Regulated brokers must obey a whole set of rules and standards in order to maintain their regulated status. Usually, regulated brokers are safer than unregulated, but that doesn’t mean that unregulated brokers are scams.
It is always recommended to do a research of the binary broker you are interested in. This can be done by reading reviews and examine terms and conditions that should be available on every website. If a broker has no terms and conditions, it is better to avoid it.
For traders within East Africa I would suggest trading with IQ option
Trade Now with IQ Option
Note that Investors can lose all their capital

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IQ Option Trading Strategies

(WARNING: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future)

Examples of the binary options trading strategies that IQ Option offers are outlined in brief below. This will help you decide where best to focus your time first. Before going into those strategies, it is important to understand some basic tools of investing:

  • Japanese candlesticks – If you have seen a chart that shows the price movement of an asset over time, you have probably seen a Japanese candlestick. They show the movement of the price over a given day. Once you learn how to read them, they are incredibly useful. You get both the opening price and the closing price. An asset that increases in price will have a green candle, and an asset that falls in price will have a red candle. You can therefore see at a glance how far an asset’s price has changed (the bigger the change the bigger the candlestick) and in what direction.
  • Trend linesTrend lines are depicted visually by a line above the price of an asset on a chart and another line below the price. These two lines create what is known as a trending corridor. They represent the typical upper and lower values that the asset usually fluctuates between, i.e. when the price of the asset reaches the upper line, trends suggest that it will start to move down again. The bottom line is called the support line, and the upper line is known as the resistance level.

Simply understanding these analysis tools and getting practice using them might help a trader understand an asset price movement better.

Let’s now look at the main trading strategies you can learn at IQ Option.

1. The Three Black Crows Trading Pattern

This is a pattern that looks for trend reversals. To make it work you need to identify an asset that has several candlesticks in a row that are all showing a price movement in one direction – either up or down. Then you have to wait for this to reverse. You will know this is happening when you see three falling price candlesticks in a row. This is an indicator that the trend is reversing and gives you a signal that can be used to make a trade.

2. The Rainbow Trading Pattern

This is a more complicated trading pattern, so it is probably best to get familiar and comfortable with the other options on this list before attempting this one. It works by simultaneously using exponential averages. There are three of them, all with different periods. On the chart of your selected asset you have to mark in blue the first line you see with a period of six. Mark in yellow the second line that has a period of 14, and mark in red the third line that has a period of 26.

To identify a potential drop in price, look out for:

  • The yellow line moving below the blue line
  • The blue line on top of the other two
  • The red line at the bottom

The best time to place a binary options trade (a PUT trade) is when the blue and yellow lines intersect.

To identify a potential rise in price, look out for:

  • The red line on top followed by the yellow line and then the blue
  • The red line on top of the other two
  • The blue line at the bottom

The best time to place a binary options trade (a CALL trade) is when the blue and yellow lines intersect.

3. The Rebound Line Trading Pattern

In this trading pattern, the price trend of the asset is not relevant. Instead, you look at the trend lines mentioned above. What you should look for specifically is a closing price the is just below the resistance level (the upper line) or just above the support level (the lower line). In this situation, it is much more likely the price will move away from the line than go through it, breaking the trend. Therefore, you can use this as information to place a PUT trade if the price closes just before the resistance level and a CALL trade if the price closes just above the support level.

4. The Piercing Line Candlestick Patter

This trading pattern involves looking closely at the candlesticks on your chart. Again, it is about identifying trend reversals. To spot an upward trend that is about to reverse, look for two candlesticks where the second closes in the middle of the first one. The candlestick that immediately follows (the third candlestick in the row) should be ascending. If a fourth candlestick also shows a price increase, a trend reversal is probably imminent. You can work this pattern the opposite direction to spot a downward trend that is about to reverse into an upward trend. These potential price reversals are good information that you can use to place binary options trades.

5. The Pin Bar Trading Pattern

The Pin Bar Trading Pattern is another example of a more complex and involved trading pattern to execute. Therefore, it is usually used by traders who have built up some experience using other strategies. It is an effective trading pattern so it is one you should explore when you feel comfortable.

The basic principle is to predict an asset’s upward or downward trend. You do this by analyzing the asset’s pin bar candlesticks – in particular, pin bar candlesticks with tails.

The specific type of pin bar candlestick that you should look for is one with a long tail and a small body. The direction of the tail indicates which way the price might move as it demonstrates which way the market is moving. This is a signal that you can use to place a binary options trade.

Not all pin bar candlesticks with tails are the same, and not all are suitable for this trading pattern. Here are some additional criteria that you should apply to ensure you get a pin bar candlestick that generates an accurate trading signal:

  • Its open and close price should be close to the end of the previous bar
  • This open and close price should be near the bottom or the top
  • The open and close price of the pin bar candlestick should be inside the left bars

The signal is regarded as strong when these conditions are met. Usually, strong signals are an indicator that you should place a trade.

You now need to know whether the price of the asset is going up or down so you can place a winning trade. If the tail of the pin bar candlestick points up, you can expect the price of the asset to go down in most situations. The reverse happens as well. If the tail of the pin bar candlestick points down you can expect the price of the asset to go up.

6. The Bollinger Bands Trading Pattern

This is a commonly used investment pattern that looks at the volume of trade on a particular asset to generate a signal of which way the price is likely to move. In IQ Option, you use a chart that shows three lines – or bands. The middle band is the smooth moving average and will have around 20 candlesticks.

The bands widen and narrow depending on the volume of trade taking place on a particular asset. When trading is heavy, the bands widen; and when trading is light, the bands narrow. What you should look for is a rapid widening of the bands, as this can produce a signal that you may be able to use to place a trade.

As you can see, IQ Option offers trading strategies that vary in terms of type and sophistication. This is one of the reasons that it is such a popular binary options trading platform. It gives you all the tools you need to develop a trading pattern. You can use the many analytic tools available – all of which are free – to improve your trading patterns and how you interpret price movements.

 7. The Moving Averages Pattern

In this pattern you develop indicators of moving averages. This is done using the technical analysis tools available in the IQ Option. It is an extremely popular trading pattern. In fact, it is one of the most commonly used strategies by traders of all levels of ability. They don’t always use it in the same way, i.e. traders of all levels of ability can successfully deploy simple and exponential moving averages. Weightage and smooth moving averages, however, are usually only attempted by experienced traders who are deploying complex strategies.

Of the four options – exponential, simple, smooth, and weightage – simple and exponential strategies are also the easiest to calculate. This makes it possible to create profitable strategies and place winning trades.

That said, exponential and simple moving averages are not exclusive to beginner traders. They are also used in complex strategies to increase profit margins and win ratios, with the objective being to maximize the benefit of the breaking line and rebound line in the corridor.

NOTE: that the next post will only contain the remaining videos for IQ Option.

Getting an IQ Option Demo Account

IQ Option does offer a demo account facility, so you can try the platform before risking any of your own money. Signing up is easy. You can even sign up using Facebook or Google. Once registered, your demo account will become active. It is free to use and includes $1,000 of virtual money that you can use to place virtual trades.

The money and trades are virtual, but they are exact replicas of the real cash trading platform. This means you can use your demo account to develop, test, and refine trading strategies as well as work out whether or not you like the IQ Option platform.

This makes the IQ Option demo account ideal for anyone interested of binary options trading as the demo account can be used without depositing any real funds. You can use a demo account to learn what binary options trading is about, get an understanding of the terms used, and learn more about the strategies that work.

Once you feel you are ready, you can convert your account to a real cash account by depositing money. This will allow you to trade using real funds.

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