IQ Option is a broker who uses its distinctive customised binary options as a trading platform. Understand that this Broker was invented in 2012 and since then, has gained popularity among a large number of investors.
$10 minimum deposit on IQ Option
The biggest reason for South African traders to deposit large amounts of capital 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
- 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 while at the same time building confidence in the system.
- Control your losses it becomes difficult to control losses if you make an initial deposit of hundreds of dollars. You will not have to face such an eventuality with the minimum deposit requirement.
- A small $10 minimum deposit 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 industry is now well regulated, finding a trustworthy and sincere broker is a necessity. Understand that there have been many known to try tricks to ensnare you into making a large deposit. Understand the minimum deposit of just $10 will instil faith in your broker who is interested in trading with you for profit.
Trading amounts could be of any size starting from $1
Traders can bet with flexible trading amounts. 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 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 in 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 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 will 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. 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. 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
It is quite easy to succeed in trade. So while having a gut instinct for trade may be agreeable to intuitive types, this lack of method may lead to overall losses. To ensure profits, a trader will ideally develop a method that increases the chances of success.
Typical mistakes when trading 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 Binary Options
Trading is completely legal, in that there are no existing laws specifically prohibiting the practice. The absence of regulation also means that brokerage firms cannot provide this online trading service.
Understand the good news is that offshore firms can work, 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 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 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.
Licenses in Europe
The Securities and Exchange Commission in Cyprus granted the first operating license to a broker in 2012. As a result they even today have the license. The 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 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.
Licenses in Australia
The Australian Securities and Investment Commission (ASIC) does not have any clear, defined licensing equations or requirements for trading. Both local and offshore brokers can legally operate within the country.
Licenses in other jurisdictions
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.
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 trading specialists. Such features are offered by other brokers only to their highest-rated customers.
South African traders can also enjoy VIP trading amounts. 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 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 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 Account types
South African traders are offered a variety of payment systems to use in depositing to their account. Methods accepted include:
- Credit Cards
- Master Cards
- World Wide Wire Transfer
Account types investment returns
Offers traders with the necessary tools to ensure they maximise their profits in all accounts. Compared with other traders, accounts gives traders a higher return of up to 91% in every winning trade on a consistent basis.
- Real Account
- 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
- IQ Option VIP Account
- 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
- High Payouts Is a great feature on the platform.
- A mere $10 minimum deposit is a welcome relief for new South African investors as it has the lowest minimum deposit amount of just $10 and is allowed investment for even $1 at a time.
- An excellent Interface The platform reviews suggest that at present, it has a fantastic interface. All data is presented through an attractive interface.
- Emscripten Technology Another innovative feature 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 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 last two years involving all trading options. These options can be viewed to get an exact analysis of market conditions and to review the trends in the long run. For advanced trades, analysis of highly technical data is available in 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 trading process of one day.
- Four Categories, each having over 100 assets The four assets in the 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 $10,000 Demo Account
Did you know that half of trading options traders lose their deposit 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 practice account. Or use customization features so the info in your charts stands out. 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. As a result, this can mean both increases and decreases in price.
Understand 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 for making a profit.
Now that you know the basics you can start using your practice account to see these tools in action. It’s ok if you feel overwhelmed. That’s why a demo account doesn’t expire. A good IQ Options Broker knows there is a learning curve when it comes to trading options. Try your demo account now.
At the moment there are more than 250 instruments on the online trading platform. That is an extremely large amount of trading tools for you as South African Trader to have access to.
The trading platform is innovative in design and features. In fact, the trading platform is maybe the best with distinctive customised features that generally appeal to all South African traders.
Learn How to Trade Different Financial Instruments
Understand the IQ Options Demo account lets you trade traditional stocks as well. This way, you can keep all your trading activity in one place. It also lets you explore CFDs, forex, digital options, binary 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 market picture.
Markers are another tool that you can explore with IQ Options demo. 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 take an 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.
You are allowed to 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.
Be provided with a very popular indicator, 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 not a scam. They are as legit as they come, they are perhaps the most trustworthy and legitimate broker you can find.
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 promises an easier life that every experienced trader knows the cycle of disappointment with new tools.
The system is beautifully presented and user-friendly for any trader, 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 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. You are also not spammed with tons of emails, pushing for deposits and start trading. This is a thing that does them very attractive. You feel like a trader in control, and not pressured to place 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 UK, and is authorised to operate.
IQ Options strongly supports traders to help minimise their chances of loss. As a result, you can take advantage of the security 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. 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 Platform
The lowest investment amount for 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 features unavailable in a practice 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.
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 the 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 the withdrawal procedure, they have to provide scanned documents of all their details like identity, address and account number.
Trading 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. It started in 2012 and over these years, it has won a considerable number of investors. In fact, the app always gets favourable reviews. A lot of traders have received a good amount as rewards by using this app.
Understand the 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 trading closely.
Traders are allowed to analyze markets no matter where they are or what mobile platform they need to use. As a result, the App is a revolutionary trading app.
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 App is so easy it is now a favourite among traders.
- 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 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
The 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.
This app is indeed an extremely efficient mobile app. A big selling point is that it is very user-friendly. Most apps need you to be an experienced trader and have a good understanding of intricacies on 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 experienced traders.
The app is designed to simplify the 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 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
You might get 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 is a new trading app. It’s 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 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 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.
Sign Up for the trading 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 secure, 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 an online trading platform easy to use? There is no reason to look further, this app is it.
It 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.
IQ Option is a binary options broker and has a license through the Cyprus Securities and Exchange Commission (CySec). CySec also regulates and guarantees compliance in its jurisdictions.
They allow their traders to quickly manage their trading activities on smartphones, IPADS, tablets or personal computers. In essence, the app meets the trader’s functional needs and does so with ease.
The US Securities and Exchange Commission approved binary options trading in 2008. Trading became popular because investors did not need a lot of trading experience and it offers high payouts.
The Customer Support Division 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.
It provides a unique online trading platform that offers an innovative solution for trade-in assets all over the world. Traders an out-of-the-box trading experience. Try an online trading platform that allows you to anticipate your trading profit in advance. Traders 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 although registered South African companies cannot become agents. While online trading is not directly supervised by the government they have 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 trading firm.
It 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, they offer 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 a money that has been issued by the government and circulated within an economy for the exchange of goods and services.
The currency index 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 stock list stem from the world’s largest markets which include Europe, Asia and America.
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 the 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 contracts valued at $20 dollars each since each contract yields $100 dollars. 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. A commodity 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 the 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 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.
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 long 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
It is very simple to say that there is not allowed U.S Traders on IQ option. The rules are very strict in the U.S. when it comes to trading. We are not recommending any traders from the U.S. to any platforms. But there is a fully licensed platform called Nadex, which is very trustworthy and has been in the game for some years now. As a result of a complete ban from non-licensed brokers in the US, there is absolutely no trading with unknown small brokers.
The Right Broker For Your Trading Needs? How To Make The Most Of This Platform
Are you interested in profiting from trades?
Many people dream of becoming a 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.
Read on to learn more and how your trading can benefit from trading.
What IQ Option Is For
It’s an online 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. The platform 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 the 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.
Forex is maybe the most popular forms of trading that you can access. Forex is all about trading currencies and 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. You are given a plethora of options to decide how you want to invest.
A very unique feature is the ability to make a practice account that allows you to test out trading. Because it is a legit broker, they want their investors to feel sure about their investments.
You can use the practice 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 to IQ Option to use a practice account. By not providing personal info, you’ll have an extra layer of protection while testing out the platform.
Simple and Efficient Design
It is a modernized online 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 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. 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 practising. 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, digital options and more.
Everything you need to know about bonuses
Things are changing all the time and some for the better and some for the worse, depending on who looks at it. When it comes to everything regarding bonuses when signing up with, and in general when trading at their platform, there aren’t any bonuses to claim. The rules regarding trading have been changed and tightened over the last couple of years, and bonuses for traders was a thing that was changed.
So where you normally would have gotten a welcome bonus, you will now get nothing, and where you would have gotten some kind of deposit bonus, there is also no extra money to get when making a deposit. Similar to an online casino where you can choose from a wide range of welcome bonuses and deposit promotions, it’s just not something you can get anymore. In earlier days when trading started, you could also get risk-free trades as a trader, which were a very attractive bonus to get.
They has complied from the new rules that CySEC set a couple of years ago to get a more clean trading market.
If there suddenly should be a change in the bonus situation, we will, of course, inform you on that matter instantly, sine we tell you all you need to know on the bonuses.
There is a twist to the whole bonus situation which can lighten up your mood and give you a good start. When you are signing up for an account you are getting a free practice account also, which gives $10,000 demo moneywhich gives $10,000 practice money which you can trade with. This way you can try out the trading platform before starting to trade with real money.
As mentioned previously in this article, the demo trading account is in some way a bonus for new traders. It’s being used widely by new traders, which know very little or nothing at all about trading online. Even though the $10,000 demo account isn’t a real welcome bonus, you should see it as a gift. This way you can save a lot of money, getting the trading tools to know and see what they do before adding funds to the account and using real money. So as we see it, it’s kind of a bonus anyway.
Instead of seeing the glass as half empty, you can also see the glass as half full. We know everything there is to know about IQ Option bonuses, and since there is only the $10,000 demo account to get, you could see that glass as half empty. But don’t do that, we have a solution for all the South African traders. We have put together an article that learns you how to profit when trading. This can be all as good as a bonus, and maybe even better in the long run. If you learn some the best ways to trade there is a very good chance that you will come out with more profit than you would with a bonus. We also have some specific tricks that you can start with right away.
Read our article about Binary Options for beginners that shows you some of the best and yet most simple methods of trading.
This review is absolutely is positive. An advanced trader might feel restricted by the limited options, but on the whole, it will satisfy over 95% of users. This is 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. The task is just as hard due to the hundreds of trading sites that make it even more frustrating. The South African branch of IQ Option is a broker that many South African traders highly recommend.