IQ Option is a broker who uses its distinctive customised binary options as a trading platform. It was first invented in 2012 and since then, has gained popularity among a large number of investors in South Africa.
$10 minimum deposit on IQ Option
The biggest reason for South African traders to deposit large amounts of capital with IQ Option is the chance to get exceptionally high rewards, possible even with a notably small investment. The minimum investment you need to deposit in only $10. This is way lower than most other brokers on the trading market.
Advantages of $10 minimum deposit on IQ Option
- Learn to trade with confidence “as a new trader, dealing in binary options with only a small minimum deposit can encourage confidence, with the advantage that the financial risks are lower. The trader will practice his trading skills and get a feel of the market in binary options while at the same time building confidence in the system.
- Control your losses it becomes difficult to control losses if you have to make an initial deposit of hundreds of dollars. You will not have to face such an eventuality with the minimum deposit requirement of IQ Option.
- A small $10 minimum deposit on IQ Option makes it simple and easy allowing room for mistakes in the short run, while the trader continues to learn. Traders can then work with larger accounts with confidence without fear of losing the initial deposit account.
- Know your broker through the binary options industry is now well regulated, finding a trustworthy and sincere broker is a necessity. Brokers have been known to try tricks to ensnare you into making a large deposit. A minimum deposit of just $10 will instil faith in your broker who is interested in trading with you for profit.
Trading amounts on IQ Option could be of any size starting from $1
Traders in South Africa can bet with flexible trading amounts on IQ Option. If you’re on a constrained budget, you can bet for as low as $1. If you’re willing to take more risks and are more experienced in this type of trading, you can bet a lot more. The sky is the limit!
But of course, there are high risks associated with binary options trading. It’s all or nothing. This means that you have to be careful about your position size. Position size is how much you invest into a single trade. This amount shouldn’t be chosen randomly. It’s also not a good idea to choose your position size based on how successful you think a particular trade is going to be for you.
Instead, you should use a formula every time. Experienced South African traders will never risk more than 5 percent of their total trading capital on a single bet. Those who trade on the binary options market professionally, typically never bet more than 1 percent of their capital.
If you’re starting with a $1,000 account, try to bet no more than 1 percent or 2 percent ($10 to $20) on each trade. Keep 5 percent ($50) at the maximum risk, although you should never bet all of it on one trade. When you begin trading, you want to make as much money as you can and as fast as you can. But risking too much of your capital is not the way to do it. binary options trading is a gamble, although an educated gamble. If you haven’t already tested methods and a trading method that you’ve practised, it’s not a good idea to trade more than you can handle.
The final word on trading amounts on IQ Option
For every trade, there is a maximum fixed risk. This is the amount of money you could lose if your predictions are wrong; in other words, your wager. This is the value of how much you could lose on a single trade.You also have the value of how much risk you can take (1 percent to 2 percent of your entire capital). These values will help you calculate how much you should wager on a single trade.
On a $1,000 with a 2 percent risk, the maximum that you can lose is $20. That’s the maximum amount you can wager on all the contracts of a trade. IQ Option lets you buy as many options for an asset as you like. You can buy two contracts for $10 each, but not three since that would expose you to a risk of $30.
Make such calculations before every trade. When you’re day trading actively, you’ll learn to quickly make these calculations as your account value rises (when you win) or falls (when you lose money). When profits and losses balance out every month, and your account value stays the same, you can then bet the same amount on every trade. Happy trading!
How to profit when trading with IQ Option
IQ Option offers the possibility to trade in binary options, based on a trader’s prediction of the performance of a marketable asset during a predetermined period. This very attractive, award-winning platform assists the trader in predicting whether an asset’s price will increase or decrease in order to receive a fixed payout. In this way, binary options trading is different as the trader can anticipate the risk and expected profit before beginning to trade. IQ Option has made its name by offering a number of features to simplify this method of trading using the superb graphics on an easy-to-use interface, as well a mobile app on Android and Apple devices.
The practise of trading in binary options has been around for a long time but has only recently gained popularity among South African traders. One can trade in various assets through this practice, including stocks, commodities, and currency pairs.
Here is a how-to guide with tips on trading in binary options and also how to do so profitably as well as legally in South Africa.
will increase within a set period. A trader places a put option when he believes that the asset will decrease over time and makes a prediction based on that. This predictability allows the investor to make informed decisions based on a credible upside and downside risk assessment.
The other difference between trading in options and the other more traditional indices is that the trader receives a full payout at the expiration of the trade. This is regardless of how far above or below the target the price of the asset settles. Also, in spite of its win-or-lose approach, a trader may receive a payout whether or not the option expires out of money. This is dependent on the trading platform one uses.
It is quite easy to succeed at trade in binary options. So while having a gut instinct for trade may be agreeable to intuitive types, this lack of method may, in the end, lead to overall losses. To ensure profits, a trader will ideally develop a method that increases chances of success.
Typical mistakes when trading with binary options:
Lack of purpose:
Many traders start taking trades due to emotions or even boredom. Alternatively, some new traders let frustration over losses cause them to quit early on. Every trade must have a defined purpose or goal logically guiding it.
Taking large trades:
It is important to remember even seasoned traders have losses. One trade should not be large enough to affect your finances in such a way that you will not be able to take on future opportunities. No single trade should be larger than 5% of your account balance.
Refusing to learn from past mistakes:
Every mistake or lesson learned should actively influence all future trades.
Avoiding these pitfalls is critical to profitable trading. To consistently get success, you will ideally have a planned method to guide your trading decisions.
The legality of trading IQ Option Binary Options in South Africa
binary options trading is legal in South Africa, in that there are no existing laws specifically prohibiting the practice. The absence of regulation also means that brokerage firms in South Africa cannot provide this online trading service.
The good news is that offshore firms can work within South Africa, and are allowed to conscript South African traders. Traders can also legally deposit and withdraw monies from trading accounts on the web.
IQ Options Licensing
The popularity of IQ options as an investment method has grown exponentially over recent years. Also known as binary options, IQ options are a type of financial security that yield a fixed payout over a specific time period. The trader tries to predict whether the price of a chosen asset will increase or decrease beyond a predetermined price within a set time frame.
Trading in binary options has become quite prominent among traders. This is mostly due to traders becoming more educated in this relatively recent method of trading, as well as the infiltration of IQ option brokerage firms into the market. One can trade various assets through binary options, such as stocks, commodities, currency pairs and indices.
The best way to do this work with brokers that are registered and licensed properly. The question then becomes, what types of license should a reliable broker have?
Different countries have various regulations to guide only IQ trading within their jurisdictions. Most online brokers today are based out of Europe, the U.S, Australia and the Middle East.
IQ Option Licenses in Europe
The Securities and Exchange Commission in Cyprus granted the first operating license to a binary options broker in 2012. Even today, the CySec license is a great indicator of whether or not a broker is reputable and properly regulated.
The CySec allows the licensed company to operate legally within any of the 27 countries within the European Union. Reports indicate that other EU states will soon follow suit. Some like Italy have already begun blocking the IPs of unregistered companies.
In the UK, binary options trading is fully licensed and regulated. To be licensed, brokers must already be operating duly licensed Forex bureaus and intend to open IQ trading divisions within them.
IQ Option Licenses in the United States
When binary options were approved for trade by the U.S Securities and Exchange Commission, they were first listed on the Chicago Board of Trade, CBOT.
Here, the practice is well-regulated but quite unaffordable to investors who are only able to trade with small amounts of money. These listed options are usually used by either banks or hedge funds in order to make their portfolios more diversified.
The Nadex is a much more affordable and uncomplicated option for traders who want to invest in the U.S market.
IQ Option Licenses in Australia
The Australian Securities and Investment Commission (ASIC) does not have any clear, defined licensing equations or requirements for binary options trading. Both local and offshore brokers can legally operate within the country.
IQ Option Licenses in other jurisdictions
binary options trading is not regulated in either Africa or the Middle East. South African traders should be aware of a new crop of brokers popping up claiming to be compliant with Shariah law or offering specialised options. These may include Hibbah, or a provision that allows for gifts to be given voluntarily without any expectation of receiving anything in return; or the no Riba policy, which allows a trader to hold a certain trade open for an undefined length of time.
Hong Kong, Singapore, and Japan have a defined regulatory framework in place to guide binary options trading.
IQ Option Accounts
You are also entitled to the highest type of account. A trader can obtain a VIP status once they reach a total amount of deposits of $1900. With a VIP account, you are authorised to have the services of an account manager along with a monthly analysis of your trading figures with IQ Option trading specialists. Such features are offered by other brokers only to their highest-rated customers in South Africa.
South African traders can also enjoy VIP trading amounts on IQ Option. When you open an account with a deposit of $3,000, you get some special privileges. One privilege is that you’re assigned a personal account manager. This account manager will be there to help you with any feature of IQ Option that you need help with. They’re friendly and hands-on, and you can approach them whenever you have issues with your account or want advice.
VIP account holders in South Africa also enjoy free access to the weekly tournaments.
A VIP account provides South African traders with a platform that gives them access to free in-depth information about trading such as economic news. This increases a trader’s chances of making correct predictions.
Options of depositing to various IQ Option Account types
South African traders are offered a variety of payment systems to use in depositing to their IQ Option accounts. Methods accepted in South Africa include:
World Wide Wire Transfer
IQ Option account types investment returns
IQ Option offers traders with the necessary tools to ensure they maximise their profits in all accounts. Compared with other traders, IQ Option accounts gives traders a higher return of up to 91% in every winning trade on a consistent basis.
- Real Account of IQ Option
- Access all trading platforms
- Trade with real money
- Initial deposit of just $10
- Quick withdrawals within three days
- Over 70 assets to choose from
- You can participate in all trading competitions
- VIP Account of IQ Option
- Over 70 assets to choose from
- Quicker withdrawals; within 24 hours
- Access all trading platforms
- Trade with real money
- Access to a personal manager
- Monthly analysis of your trades
- VIP deposits start from $3,000
Unique features of IQ Option-Platform Review
- High Payouts “One of the greatest features of the IQ Option platform review is high payouts of about 5” 15% higher than the average industry. Though a newcomer might not find this amount big, after a large number of trades, the amount will definitely seem great on accumulating. These can be reinvested in more trades.
- A mere $10 minimum deposit IQ Option is a welcome relief for new South African investors as it has the lowest minimum deposit amount of just $10 and is allowed to make investments for even $1 at a time.
- An excellent Interface The IQ Option platform reviews suggest that at present, it has the best interface in the industry. All data is presented through an attractive interface. IQ Option 4.0 is their latest software based on WebGL technology, presenting data in a Quasi-3D format.
- Emscripten Technology Another innovative feature of IQ Option is the utilisation of Emscripten technology that allows as many as nine charts to be seen at one time on the page that is equipped with seasoned trading technology. This means that a trader in South Africa does not need to switch between the various tabs to see a particular trend.
- All vital data can be seen at a glance Trades can be done in seconds if a South African trader is provided with data of the last two years involving all trading options. These options can be viewed to get an exact analysis of the market conditions and to review the trends in the long run. For advanced trades, analysis of highly technical data is available in the form of tools like Awesome Oscillator, Parabolic Sar, MACD and Stochastic Oscillator.
- All-inclusive Technical Indicators Presently, bar lines are becoming popular in binary trading for total compatibility in this new style of trading. They are faster to assess as they show the opening, closing and the maximum price in the trading process of one day.
- Four Categories, each having over 100 assets The four assets in IQ Option Platform review are Stocks, Indices, Currencies and Commodities, each having over 100 individual assets. This IQ Option platform review finds that a normal trader will find such a large number more than enough to work with.
Give It a Try: Tips for Using Your IQ Option $10,000 Demo Account
Did you know that half of trading options traders lose their deposit in the first day? But don’t worry. If you know how to win, you can make a lot of money.
But before you open an IQ Option demo account, you should know how to use the trading and forecast tools.
You can try out risky bets with your demo account. Or use customization features so the info in your charts stands out. If you’re in South Africa you can start making trades today.
Spotting Trends in Your IQ Options Demo Account
The last term you’ll be seeing a lot is momentum. like physics, a stock in motion tends to stay in motion. That can mean both increases and decreases in price.
The indicator we use to measure momentum is the Moving Average Convergence/Divergence (MACD). It uses two lines, the MACD and signal line, to show the acceleration of stock price.
How fast a stock’s price is changing is important because you don’t want to get in when it’s too late. Even if a stock is on the rise, the MACD line can tell you if it’s too late to make a profit.
Now that you know the basics you can start using your demo account to see these tools in action. It’s ok if you feel overwhelmed. That’s why a demo account from IQ Option doesn’t expire. A good IQ Options Broker knows there is a learning curve when it comes to trading options. Try your IQ Option demo account now.
IQ Option Trading Platform
IQ Option South Africa has one of the most advanced trading platforms on the market, and they are developing new features all the time. At the moment they have more than 250 instruments on their platforms. That is an extremely large amount of trading tools for you as South African Trader to have access to.
The IQ Option trading platform is innovative in design and features. In fact, the trading platform is one of the best with distinctive customised features that generally appeal to all South African traders.
Learn How to Trade Different Financial Instruments
The IQ Options Demo account lets you trade traditional stocks as well. This way, you can keep all your trading activity in one place. IQ Option also lets you explore forex, options, and cryptocurrencies. Let’s go over what each of these is.
These three investments are similar. You can use leverage when buying any of the three. This means you can magnify your winnings and losses with borrowed money.
- Forex, short for foreign exchange, cashes in on value differences between different currencies.
- Options give you the opportunity to buy or sell a stock at a certain price.
- Cryptocurrencies are volatile new currencies that can appreciate in value fast. On the downside, they can lose their value just as fast.
Best Tools for Trading
Get used to checking the news with your IQ Option demo. You can see fresh news stories while you plan your next trade. The platform summarizes these stories so you get a well-rounded picture of the market.
Markers are another tool that you can explore with IQ Options demo. Markers highlight trends for you to make informed predictions. Let’s take a look at some common trends investors follow.
- Diamond Top Formation: Used to describe a decline in price after a steep climb.
- Triple Top: Also describes a decline after a surge in price. The difference is that this happens three times in a short period. Many investors will short, or bet on a stock’s decline after the third peek starts to withdraw.
- Head and Shoulders: Like a triple top, a head and shoulders formation has three peak prices. The difference here is the first and last peaks are less than the middle.
There are many more trends to follow, but these three will get you started. Remember that patterns are not definite. Use them to make educated guesses and never invest what you can’t afford to lose.
Using Analysis Tools
Analysis tools help predict the movement of stock prices. Be sure to understand all the tools with your demo account before risking real money.
The first is Bolinger Bands. Bolinger Bands are best for deciding on whether to buy a call or put option. A call is betting the price will go up, and a put is betting it will drop.
They excel at this because of their ability to mark off a range of prices to signal whether a call or put is best. When the price goes beyond one of these bands, it is a signal to buy.
IQ Option lets you use more than one tool at once. Moving averages used with Bolinger Bands give you more accurate buy and sell signals. You set a time frame as a reference and buy when the price moves past the average.
The longer the time frame, the more accurate your moving average line will be. That doesn’t mean short time frames are useless. They find short-term investments but are vulnerable to false alarms.
The Relative Strength Index (RSI) is on a separate chart. It uses its own rating system, ranging from 0-100. A score of 70 or higher is a signal to sell, lower scores tell you to buy.
IQ option provides one of the most popular indicators, the alligator. You can apply this tool to any set of data over any set of time. Click “indicators” in the drop-down menu and add “alligator” to your analysis tools.
The Alligator is a set of three lines. Each line represents an average over a given time. The top line is the “lips”, the middle line is the “teeth”, and the bottom line is the “jaw”. The closer the lines are to each other, the more conservative traders should be.
You can add “fractals” from the same menu. Alligator and Fractals tools are best used together. They confirm each other’s signals. For example, a signal from fractal telling you to buy is only valid if it is below the middle line of the Alligator.
IQ Option is 100% legitimate and absolutely NOT a scam
Let’s get to it right away and answer the question if IQ Option is legitimate. IQ Option South Africa is as legit as they come, and in the online trading market, they are perhaps the most trustworthy and legitimate broker you can find in South Africa.
Not every experienced trader wants to jump ship to the latest tool out there. Most traders get comfortable trading with one tool and are in no hurry to try out another. There are so many tools that promise to make life easier that every experienced trader knows the cycle of disappointment with new tools.
IQ Option has been in operation since 2013. IQ Option is popular with many traders in South Africa and around the world because payments are generous. A return of 91% is one of the highest in the entire industry.
The system is beautifully presented and user-friendly for any trader in South Africa, simple enough that even a new trader will find their way easily around the platform. This software is very popular among traders because it is also compatible with smartphone and tablets.
There are no harassing sales calls to try and get a South African trader to make a deposit, and complaints such as delays with withdrawals or cancellations are handled promptly and professionally. The website is also simple to use and does not harass the user with too many marketing messages that are common on some other websites in the industry. You are also not spammed with tons of emails to make deposits and start trading. This is one of the things that does IQ Option very attractive. You feel like a trader in control, and not pressured to make investments you don’t want or have the funds for.
Is IQ Option a scam?
There are many online scams and it is important for South African traders to learn how to tell legitimate companies apart from the scams. A legitimate company has a valid broker’s license from a reputable agency, such as the Financial Conduct Authority (FCA) in the UK, and is authorised to operate.
IQ Options strongly supports traders to help minimise their chances of loss. You can take advantage of the secure features that increase the chances of financial returns for those who are willing to learn and pay attention to their business.
Something else to look for when concerned if a company is legitimate or not is the ease with which the company can be traced. IQ Options contact details are easily accessible from the website. There is a steady flow of activity of this website and traders have continued to trade on the platform, a sign that they are getting the services they are looking for.
While this form of trading is still relatively new, and for which some suspicion must surely be expected, traders can be assured that they are operating under normal regulatory conditions. IQ Option assures its South African traders that the platform works for those who are well-versed in financial matters. binary options trading is still concerned with making predictions about stocks, and this is a high-risk business. Anyone who plunges in without investing inadequate knowledge could, of course, lose money.
There’s no way that any tool is a scam any more than any other service giving you access to trading is. With it’s round the clock customer service options and personal touch you get when you become a VIP trader, there’s nothing scammy about this. While some users online complain that people have had problems, nothing smells like a scam.
A few online reviews mention people who have had their accounts locked or who have been prohibited from withdrawal. Many trading platforms protect from being scammed by users through exercising their right to limit user access.
Rather than worry about whether or not this tool is a scam, get on board by downloading and trying it for yourself. You’ll find that most of the positive online comments are right on target, with a wide variety of options for this product. You’ll find new ways to use this product as you get more engaged with trading and buying assets online.
Deposits and withdrawals on the IQ Option Platform
The lowest investment amount for South Africa traders is $1. The amount is therefore very low and allows new traders who have been using demo accounts to invest in real accounts, using IQ Option features unavailable in a demo account. For experienced South African traders, the highest trading amount for both demo and the real account is $1,000. The minimum deposit of a real account is $10, while that of a VIP account is $3,000. This makes the real account a very popular feature of the IQ Option platform.
Most deposits are processed depending on the method of transaction, ranging from one business day to three business days for processing. There is no upper limit on withdrawals, although the maximum amount is $1,000,000. The various approved methods of withdrawing funds on IQ Option trading account are Credit Card, Bank Transfer, Skrill, Money bookers, Maestro Card and Cash U. It is very interesting to note that all transactions are SSL encrypted. In case, a South African trader wants a change in the withdrawal procedure, they have to provide scanned documents of all their details like identity, address and account number.
IQ Option APP: All you need to know
If you are considering binary options trading, finding the right website or app to trade is probably one of the difficult things. There are so many choices out there. That is why reviewing the sites are necessary. IQ Option is one of the most trusted binary options brokers today. It first sprang up in the year 2012 and over these years, it has won a considerable number of investors. In fact, the IQ Option app always gets favourable reviews. A lot of traders have received a good amount as rewards by using this app.
The IQ Option app provides a maximum return of 91%, which is pretty high compared to others. And the best part is that you can make an investment of as small as $10. Regulated by CYSEC, this platform offers a stand-alone demo account. There are many interactive learning tools at your disposal. You will be provided with educational materials in the form of videos and text. Each of these resources helps in understanding binary options trading closely. IQ Option accepts traders from almost all countries, including South Africa.
The IQ Option App is one of the most revolutionary binary options apps in the trading industry. The IQ Option App allows traders to analyze markets no matter where they are or what mobile platform they need to use.
This allows investors to make more money by staying current with their trading currency signals.
It allows beginner investors to learn as they go along with support from IQ Options App customer service. It also allows beginner investors to read through knowledgeable documents when want to learn more.
The IQ Option App is so easy it is now a favourite among traders. The IQ Option App has easy to use;
- Graph settings.
- Tutorials on video.
- Line drawings and more.
Most importantly, it is fast, versatile and functional for your trading needs. We have trading tools we want to share with you for your IQ Option App.
Every day you wait to learn about the IQ Option App is a day you may have made a tidy profit.
Do you want to make a tidy profit each day so your future has no limit to what you can do or where you can go? Call or reach out to us today so you can begin living your
Using the App on Mobile
IQ Option app is available for all android and iOS mobile phones. Since 2013, the app has been leading in developing innovative technologies. A Russian broker and the team have been employed to apply their skills to create effective features for the app to make the platform easy to use. A feature-laden app is expected to work effectively in providing detailed information to the trader about binary options. And the IQ Option application stands distinguished in the crowd.
This app is indeed an extremely efficient mobile app. It is very user-friendly and this is one of the biggest selling points. Most apps need you to be an experienced trader and have a good understanding of the intricacies of the trading market. It is only then that you will be able to use their app to the fullest.
However, this isn’t the case with IQ Option. Anyone can use this app, regardless of his/her experience. As a matter of fact, the newbie can make the best possible use of this broker to succeed in trading as it is jargon free. At the same time, it is very powerful and is suitable for the experienced traders.
The app is designed to simplify the binary options trading process. That is why it is preferred more by the South African traders over the website. It comes with a comprehensive range of features. Therefore, you can do everything that you should do in order to successfully trade. The features include:
- Ability to analyse the assets’ price to let the traders in South Africa generate signals while making profitable predictions.
- The graphs are very easy to read with a high level of detailing
- Placing a trade is very easy as you need to click a few simple tabs
- The app comes with an advanced user interface
- Everything loads fast
- Superb aesthetics along with incredible functionality
IQ Option app might give you a feel of playing on a betting gaming app. In case, you have used those gaming apps, getting a hang of this innovative trading app will be easier for you. This new binary options trading app is all about making an accurate forecast. However, when it comes to trusting a trading app you cannot ignore the risk involved. You might end up losing a lot of money if the predictions go wrong. So, you need to be extremely cautious while making your selection regarding a broker.
Another concern is your security. Regarding that, the IQ Option app is secure, ensuring your money as well as your personal data. Besides that, it offers time to time notifications, so that you can participate in the tournaments while keeping a tab on the price trends.
Downloading the IQ Option App
The app is available on both, Apple’s App Store and Google Play Store. All these years South African traders have been using the desktop for trading. But with this new-age app, trading has now become far easier. With the IQ Option app, you can easily browse through everything that you required to know, no matter where you are.
Sign Up for the IQ Option App
The signing up page is quite straightforward and can be understood easily. You will have to fill a simple online form and then verify your identity by giving some personal information. As promised, your personal data will be kept secured, so you need not worry. Initially, it would just need a deposit of $10 to get started. And this is the lowest deposit that you will ever come across when trading. Well, you can invest more if you wish so as to see how well it works.
What Makes the IQ Option App the Best Trading App?
Do you want to trade many different assets on one mobile trading platform? Is a mobile trading platform easy to use? Then the IQ Option App may be for you.
The IQ Option App allows you to trade your assets on a mobile platform. This mobile platform is easy to use and always accessible. It is so easy to use, many traders prefer the IQ Option App over trading on their desktop.
The IQ Option App is a binary options broker. It has a license through the Cyprus Securities and Exchange Commission (CySec). CySec also regulates and guarantees compliance in its jurisdictions.
The IQ Option App allows its traders to quickly manage their trading activities on smartphones, IPADS, tablets or personal computers. In essence, the IQ Option App meets the trader’s functional needs and does so with ease.
The US Securities and Exchange Commission approved binary options trading in 2008. Binary options trading became popular because investors did not need a lot of trading experience and it offers high payouts.
But these high payouts do have some risk. Sometimes great rewards come to some high risks. It is each investors decision on how and where to option their trading risks.
IQ Option consistently ranks high as a binary options trading broker. IQ Option opened in 2012 and since then has had positive reviews.
IQ Option uses in-house trading software with a maximum return of 95%. The United States doesn’t allow IQ Option traders but IQOption Europe Ltd is well regulated by CySEC and respected.
IQ Option offers the following;
- Free demo account when you start.
- You can begin at $10.00.
- Customer support by email, phone, and live chat.
- Convenient deposit and withdrawal methods.
- Supported trading platforms which are mobile (iPhone and Android).
There are other excellent binary options traders available. As an investor, you need to understand and remember there is always a risk in trading. It is up to you to research and find the binary trade option best for you.
The Customer Support Division in IQ Option, South Africa is very resourceful in answering customer queries and solving issues. They are reachable on email and answer queries within a few hours of sending. Account managers are assigned to each trader to help address any issues or concerns. They can be contacted on either Skype or email, but one may need to wait for a response at times since they are not available round the clock.
Assets on IQ Option
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.
A commodity is a product that can be traded with other goods of the same quality and almost the equivalent value. Rather than offer commodities that no one trades in, IQ Option offers trade only in gold, since it is the prime trading commodity globally. Trading in a commodity that is globally favoured, such as gold, ensures that the trader is able to get consistent profit generation.
An index mainly refers to a statistical gauge of transformation in a trading market. In the case of financial markets, indices consist of a fictional portfolio of assets representing a particular market.
While many other binary option brokerage firms offer indices from countries that are not well known, IQ Option has the ideal selection of popular indices including DowJones, DAX, and S&P 500, among others.
A currency is money that has been issued by the government and circulated within an economy for the exchange of goods and services.
The currency index for IQ Option offers 22 versatile conversion pairs. The currency database features most big pairs and a few uncommon pairs.
A stock is a representation of a person’s percentage of ownership in a company’s assets and revenue.
Most of the items on the IQ Option stock list stem from the world’s largest markets which include Europe, Asia and America.
Types of trading options on IQ Option
IQ option is a binary international brokerage company founded in 2012 by IQ Option Europe Ltd. It exists to offer a highly secure, simple to use and convenient trading platform for options traders worldwide. Traders require a minimum deposit of $10 dollars to purchase options. IQ Option offers traders with buyback options for all trades within their respective expiry periods. IQ option will offer a lower rate compared to what the trader invested however, it is much better in comparison to the foreseen losses.
IQ Option requires all traders to have attained 18 years of age before signing up on their website.
6 types of trading options in IQ option
- Commodities binary Options
A commodity binary option is a trade whereby the expected future value of a commodity is projected on a fixed date. Gold and crude Oil are the main commodities traded in binary options market. Let’s assume the price of gold currently stands at $100 dollars an ounce and a trader anticipates a rise in value after 2 weeks. He or she can purchase 4 binary options contracts valued at $20 dollars each since each contract yields $100 dollars. In the event the price of gold increases after a fortnight, the trader will get a gross profit of $400 dollars.
All possible profits and losses are laid out in advance before the trade is made. Commodity binary options have short durations on returns on investments, usually in hours or days.
- Pair Options
This is a trade whereby the trader selects the best performing company stock paired up against another company’s stock within the same industry. An example of stock pair options is Google/Yahoo because they are two rival firms competing in the Internet services industry. A trader may decide that Google’s stock price will perform better than Yahoo at the close of the week. The trader will receive anticipated profits if Yahoo outperforms Google at the end of the week. On the other hand, losses will be incurred if Yahoo’s stock price drops below Google’s share price at the end of the week.
- High/Low Options
It is a trade whereby the trader predicts the value of an asset to either rise or fall below a specified figure after a fixed duration. A broker may present a high/low option for gold which he expects to fall below $200 dollars an ounce after a week. Traders who select high option will get a profit if the price of gold reaches or crosses the $ 200 dollar mark after one week.
High/Low options only depend on the rise or fall of prices hence ensuring that traders can receive high returns on investment, even in bear stock exchange markets. Returns on Investment can reach 90 percent and is ideal for short or long term investments.
4.Touch/No touch Options
A trader who opts to invest in touch options is required to predict the magnitude of a rise or fall in an asset’s price. For instance, a trader is certain the price of a barrel of crude oil currently selling at $110 dollars a barrel will rise by $5 dollars at the end of the week. He or she will reap profits if the new price of a barrel of crude oil hits $115 at the agreed time. Traders who purchase this option can reap profits whenever the asset’s price hits the predicted figure before the lapse of the expiry period.
Touch options are ideal for stock exchange markets with high volatility because dynamic external economic forces involved may push asset’s price to the desired level.
- Range Options
A broker offering this option uses a graph to select parameters where the price of an asset is expected to hit within a specified duration. Let’s assume an investment broker predicts the price of Yahoo’s stock currently valued at $50 to rise by $2-$6 dollars at the end of the first financial year quarter. Any trader who buys this range option knows that he or she will make a profit only if the price of Yahoo’s stock ranges between $52-$56 dollars at the end of the first financial year quarter.
Range options yield a 70-85 percent return on investment. They are easier to predict compared to touch/no touch trading options since the trader is not expected to give the exact magnitude of price fluctuations. Range options are ideal for highly volatile markets where high fluctuations occur regularly.
- Index Options
An index option is a financial security composed of more than five different companies’ stocks belonging to the same industry. The group’s performance is represented using an aggregated index derived from each company’s individual performance in the stock exchange market. Traders make profits by correctly predicting index movements in the stock exchange market.
Index options are stable because the group’s index is immune to fluctuations attributable to minor events such as a company’s quarterly reports. Purchasing an index option is significantly cheaper compared to purchasing a set number of shares from all individual companies belonging to the index group.
IQ Options’ solutions to challenges faced while trading options
- Providing a jargon-free app that presents information in simple terms which novice traders can easily understand. Instructions and investment suggestions on IQ Options’ app are short, simple and precise.
- The loss cap feature prevents a trader from incurring additional losses. It works by preventing purchases on trading options on a losing streak. A South African trader can also engage the buyback feature on trading options with lengthy expiry periods.
- Provision of a personal binary manager for VIP account holders.
- Provision of the autopilot trading feature that enables South African traders to make simultaneous trades. The autopilot feature helps South African traders generate passive income because it is active all day long.
U.S Traders on IQ option
IQ options are one of the trading options mostly used in dozens of countries. In South Africa, it has gained a lot of popularity, and many South African traders are choosing to trade on IQ options over any other trading options.
This is because IQ option trading is very secure, very simple to understand and very user-friendly. IQ option brokers give traders very many trading platforms to trade their binary options in. There are multiple choices of trading tools and numerous services South African traders choose from when trading on IQ options.
IQ option trading has a very unique and very modern trading techniques that are a preference for many traders.
Nevertheless, IQ option is not regarded as a major or a highly recognised trading tool in the USA. It is only used as a division tool for trading, but not regarded as a basic tool.
Foreign brokers willing to trade in USA IQ trading option are regulated by the CySEC which is not recognised by the laws of the US. CySEC is located in Nicosia which is a city in Cyprus. It only offers services to European and Russian traders, but not to US traders. It is very advanced and gives all those trading in binary options a wide selection of services. It provides a well-detailed website to its traders, and the website is in both English and Russian.
However, there are IQ options offers only available to traders from the USA. They have been specifically designed to suit the needs of US users.
For granted, there are other trading platforms with different names for US traders on IQ option. There are two main IQ option trading accounts: the VIP account and the real account.
US traders have other trading platforms, like TraderThunder US brokers. This is one of the most trusted IQ option broker widely used by US traders.
The TraderThunder US broker has features that are interesting to use and offers high bonuses. They have very innovative platforms for trading and are gaining more and more popularity with traders.
It gives traders guidelines on how to trade in binary options and makes predictions how the trading trends look like. It is also capable of competing with other trading options and promises good profit to the traders. Many US traders who have used this platform have made huge sums of money and garnered lots of profits.
Why is it so hard for US traders to use the IQ option?
Questions have been raised as to why US traders cannot use the IQ option trading platform. Some have been advised to use proxy servers from other states that are allowed to use the IQ option. However, this is not permitted.
Only regulated brokers are allowed to use and trade in binary options. It is very important for US traders to use only these regulated traders.
Brokers regulated by CFTC (Commodity Futures Trading Commission) are the only brokers allowed by US law to trade in binary options. The laws are very strict and any overseas broker or trader who wants to trade on IQ options has to go through those brokers regulated by CFTC. Many overseas traders find this cumbersome and opt not to register with these regulated brokers.
Despite the overwhelming presence of binary options traders, US traders cannot register with any other broker, except the only brokers regulated by US laws. This puts restrictions on the amount of trading they can do. Their only options are either to sign up with the regulated brokers or to look for brokers from overseas willing to trade for them.
CFTC has very strict laws. Brokers that accept these rules face very tough and demanding laws to guide them.
A CFTC regulated broker does not offer direct binary options. What he does is connecting traders using the binary option. They do not profit anything from the trader’s losses. Their earnings come from applying a fee from the investments made by the traders.
The USA laws have all these strict laws to protect the traders from unscrupulous brokers. Other brokers want to benefit from your losses. Brokers are strictly on demand to keep all their clients’ money in accounts that are only run by renowned US banks. Customer accounts should be strictly separate from broker accounts. This is to ensure that your money is not lost in case a broker goes bankrupt or files for bankruptcy.
The dangers of trading with an unregulated broker are in losing all your money if the broker goes bankrupt.
The other advantage of using regulated brokers is the fact that they offer more reliable security when it comes to your finances.
Brokers are heavily vetted by the government before they are allowed to trade on anyone’s behalf. A broker has to meet all the required standards and has to have full disclosure of his financial standards.
CFTC helps minimise untrustworthy brokers and is one reason why many foreign brokers choose not to undergo through all the scrutiny.
Few binary options brokers are registered with the CFTC. These few are however very well versed with IQ options and they offer quality services to their clients.
What is IQ Option Stock Trading in South Africa?
What if I told you a $1 investment could land you in one of the largest stock trading markets in the world?
If you’re interested in options trading and don’t know the market to break into, draw your eyes to the South African options market.
Of your available ways for doing this, IQ option stock trading is one of the biggest SA trading platforms out there.
But what is IQ option, and what can it do for me? How do I enter the SA market through it?
For these answers and more investment guidance, read on.
Stocks vs. Options
What is the difference between a stock and an option?
A stock is a piece of ownership in a company.
Look at it this way, when one is building a corporation s/he invests into a product or service along with a group of other investors.
These investments pile up. Those with more stocks or shares in a company hold more financial authority or ownership.
So when you’re buying a stock you’re really buying a portion of a company directly.
How does this compare to an option?
Options are contracts for stocks. They are based on the following flexible schema:
- When you buy an option, you’re really buying the right to sell or buy a stock at a certain point in time for a certain price.
- In options trading, one will bet if a stock will rise or fall by a certain point. They sign up for the “contract” complete with an option that gives them the control to buy or sell that stock at some point.
You might be wondering, how does one trade an option?
Trading an option involves a few key elements:
- Pick whether a given stock is going to rise or fall
- Decide how much a stock will move in total
- Declare when this will happen from now until the expiration
How Options Are Carried Out
If you think a stock is going to rise past a certain amount, you make a “call”. If the stock does indeed rise past a baseline “strike”, then you get your money and buy.
If you bet a stock will fall, you bet above your strike from where it will fall. If it drops below that, you get to sell.
This is characterized alongside “all-or-nothing” options or Binary Options.
Binary options rely on a yes or no framework. If a trader guesses above an amount, buy the stock, if he guesses below an amount, sell the stock.
Each guess results in an “all” scenario or a “nothing”.
These are the basic components of options trading and better explains IQ Options origins beyond a comprehensive stock trading platform.
An Easy Stock Option Platform To Start
We learned how you trade an option but didn’t discuss how you find a platform that allows you to.
IQ Option is a platform that specializes in Binary Options and had added on supplementary tools for other forms of trade.
When you go to IQ option all you have to do is put down a $10 deposit to start.
Once you’ve done this, you’re required to put down an investment of at least $1.
Even if you don’t know how to properly trade options IQ also offers directives to guide you through the process.
Breaking Into The South African Stock Market
One of the major markets for IQ is in South Africa. The platform is one of the few out there that can help you break into SA trading.
IQ is a platform specific to South Africa. In that sense, the service is the main way to break into Binary Options trading in SA.
For insight, the top four markets for Binary Options trading were in South Africa.
In this case, SA had the highest number of deposited accounts of any other Binary trading hub.
Therefore, if IQ is your way to enter the SA market, what steps are there beyond the deposit and initial investment process?
Registration is simple. It involves these following steps:
- Supply your internet browser
- Link your Gmail or Facebook account
- Check the registration boxes for agreed age and a terms and service agreement.
Make Your Options Count For More
You started by asking yourself what is IQ Option? Now you know the answer gives you your chance to break into one of the top options trading markets on the globe.
Now that you know how to reason through IQ Option and spend less on a deposit to earn more down the line, take the next step.
Learn more about what IQ Option can do for you to take on the world at large!
IQ Option excels at providing informational videos on how to use their products. Every trading pattern has a video on how it works.
Spotting trends before other traders are what separates the successful from the unsuccessful investors. They also hold tournaments using virtual money, so you can compete against other players without losing real money.
This is a great way to compare your strategies to other traders. Get the experience of years of trading in a fraction of the time.
Is IQ Option The Right Option For Your Trading Needs? How To Make The Most Of This Platform
Are you interested in profiting from trades?
Many people dream of becoming stock market millionaires, but they often use platforms that don’t allow them to reach their potential. This can cause someone to lose money over time and discourage them from trading altogether.
When you’re equipped with the right trading platform, you’ll be able to maximize your profits using a variety of tools. IQ Option is a legit broker that allows people with previous trading experience and rookies to quickly start earning.
Read on to learn more about IQ Option and how your trading can benefit from it.
What IQ Option Is For
IQ Option’s trading platform can be used for a variety of things that can earn you more money. What makes it stand out from other platforms is how it allows users to manage most of their trading from a single place:
Contracts for differences (CFDs) are a common form of trading that some people do because it provides decent profits to sellers. IQ Option lets users trade CFDs on stocks from most countries, including the largest businesses on the stock market.
Cryptocurrency has become increasingly popular over the past few years. Things like Bitcoin, Litecoin, and Ethereum can all be traded through IQ Option’s platform. You’ll be able to monitor the live value of cryptocurrencies so that you never miss out on profit.
ETF trading is similar to stocks in that you’re trading assets. Just like stocks, ETFs can be bought and sold with a single click. There are over 4,000+ ETFs that can be traded on IQ Option.
Forex is one of the most popular forms of trading that IQ Option provides. Forex is all about trading currencies, and IQ Option has almost all foreign currencies available for trade.
You have full control over your investments, so you can buy, hold, or sell for as long as you’d like. IQ Option gives you a plethora of options to decide how you want to invest.
One of the most unique features of IQ Option is the ability to make a demo account that allows you to test out trading. Because IQ Option is a legit broker, they want their investors to feel sure about their investments.
You can use the demo account for as long as you’d like, allowing you to master your trading technique. You’ll also receive $10k in virtual funds when you create the account. Should you run out of those funds, you’ll be reimbursed so you can continue practising.
Unlike most trading platforms, you don’t need to provide any personal information on IQ Option to use a demo account. By not providing personal info, you’ll have an extra layer of protection while testing out the platform.
Simple and Efficient Design
IQ Option South Africa is a modernized trading platform that makes trading simple and intuitive for users of all backgrounds. Whether you’re a lifelong trader or someone that’s just starting, the platform is accessible and provides you with the information you need.
The interface is simple in design, letting users see the chart in the centre of the screen, their balances in the top right, and owned assets. It also has a drop-down menu that gives users a variety of tools to use.
Start Trading Today!
Rather than investing in a platform that limits your access, IQ Option will allow you complete access without much contribution. The interface is accessible to users of various trading backgrounds, and it provides a ton of options that let you manage your assets from one platform.
We encourage you to create a demo account so that you can start practicing. If you already know how to trade, our platform will surprise you with its many features that you can use to maximize your profits.
Feel free to browse our articles to read a variety of pieces related to trading. You’ll find more information about stocks, ETFs, Forex, and more.
IQ Option South Africa Conclusion
The review of the binary options broker service of the IQ Option platform is certainly impressive for both, a novice trader to an experienced trader. The IQ Option review program is unbeatable in terms of accessibility, ease of usage as well as providing an unlimited free demo. An advanced trader might feel restricted by the limited options, but on the whole, it will satisfy over 95% of users. IQ Option is thus unquestionably the best binary options broker available in the market today.
It can be quite confusing to choose from the wide array of binary options sites to trade in anywhere in the world. In South Africa, the task is just as hard due to the hundreds of trading sites that make it even more frustrating. Since the launch of IQ Option in 2012, it has seen a steady growth in its client base and the trading options, which it is offering its clients all over the world. The South African branch of IQ Option is a broker that many South African traders highly recommend.