IQ Option was incepted in 2013 as a binary options brokerage firm. It provides a unique trading platform that offers an innovative solution for trade in assets all over the world. IQ Option especially gives South African traders an out-of-the-box trading experience. The IQ Option platform is an ingenious financial trading tool that allows you to anticipate your trading profit in advance. Traders in South Africa can now take advantage of this online platform.
An option is an agreement which provides the owner of the option the authority to sell an asset on their own terms. The investor then trades on this option on the basis of:
- Predicting the rise or fall of an asset within a specific time range
- Predicting whether the market will advance to a specified level in a set time range
- Predicting whether the market will remain constant over a period of time
Binary options’ trading is legal in South Africa although registered South African companies cannot become IQ Option agents. While online trading is not directly supervised by the government in South Africa, IQ Option has received its licenses and is monitored by well-established authorities such as CySec and the FCA, among others. Traders can transact on registered online trading accounts in the knowledge that the broker is an accredited agent. It is prudent that traders check diligently before deciding to open an account with any binary options trading firm.
IQ Option was developed so that trading in binary options would be an easy and more intuitive way for traders to indulge in asset trading. If started on the right foot, the venture turns out to be a minimal risk activity, yet one that potentially gives good returns.