Several different kinds of trading platforms are available online. Still, one of the best options which you can opt for is the IQ option online trading platform is available you have a variety of financial tools and instruments as well as such as binary options, stocks, Forex, cryptocurrencies. This application was founded in 2013 and was operated by the IQ option limited company. This website became one of the fastest-growing websites of the world, and this platform has now more than 25 million account holders from around the world.
IQ Option is fully compliant with legislation which was put forward by the commission and fully authorized to sell products to clients in a lot of jurisdictions.
- There are several things which are offered on the IQ option platform there are contracts for difference on stocks, cryptocurrencies, exchange-traded funds, Forex and a lot of other digital options and they found such a good IQ option review.
- You will be allowed to trade CFD on stocks from over 176 different companies including NYSE and NASDAQ.
- You will also be able to trade with more than 12 cryptocurrencies including Bitcoin, Etherum, Litecoin, Ripple, Dash.
- ETT trading is a new product and at work by tracking commodities, baskets of assets. These things can be traded in the same way as common stocks and traders will be able to choose from 4288 different varieties.
- Forex is a popular trading market, and the IQ option will provide access to around 188 currency trading pairs. You will be able to trade your favourite foreign currency easily.
- You will also be able to speculate on the price of several different currencies, stocks, indices and this software currently provide a way for over 10 million options.
There are a lot of competitors for this platform, but the IQ option is unique because it will offer you a demo account and there is no limit on using the demo account. You will be able to get comfortable with your trading strategies, and you will also be allowed to test new trading strategies in the future.
You will get $10,000 in virtual funds when you are using the IQ option demo account and if you use all the wishes., you will also be able to get the amount replenished which will allow you further to practise your trading techniques.
You will not need to provide personal information when you are registering for a demo account and this is not the case with computers and the no personal information part is what attracts a lot of people for this website. The potential clients will also be able to protect their privacy if they do not need to enter their personal information.
There are different kinds of account you can create in IQ option, the real account is the account which can be accessed with a minimum investment of $10 and there are no restrictions on how you can trade and the rate in functionalities.
You will be able to use more than 70 Assets, and the user will be able to request a withdrawal which will be processed within 24 hours. You can also take part in the reading competitions which are held on the platform if you pay a small fee to enter that competition.
VIP account option is available to the traders who are depositing $1900 or an equivalent amount in other currencies. If you have a trading volume of $15,000 in IQ option Limited, then you will be provided with a VIP account as well.
In addition to that, you will also be given a personal manager who will always be ready to assist you with any kind of queries as well as issues. You will also get a monthly report on your trading records, and this will be performed by the analysts of the platform which will help you gain valuable feedback.
You will be able to sign up using Facebook, Google, or you can also create an email account. Once you have entered all the necessary details which are required and created a good password, you will be able to proceed further.
Once you are done with that, you will be immediately able to use an account that is a demo or real or VIP. There will be a pop up that will notify you for the creation of both the practice as well as real accounts.
Navigation of this website is straightforward, and the User experience is excellent because the developers have been working on developing a custom solution for the people and not using a script of a had been created in the past.
The intuitive approach of this platform is easy to spot because all the tools and features can be easily located even if you are a novice. There are chatting tools that will be offered to you when you are using this platform so that you will be able further to improve your trading capabilities.
You can make a deposit of a minimum of $10 to get started, and you will not be charged any fees for depositing the funds. Make sure to go through the account verification process if you want to deposit the money. The method used to withdraw will vary based on the method used to deposit because when you make the initial deposit using a certain technique, you have to withdraw using the same wallet or method which you have made the deposits with.
There are also options like electronic wallets which you can use to withdraw your money. Regardless of the method, the IQ option will process your request within three days. If you are using a bank card or a payment provider, there might be more days needed because of the processing time which is independent of the IQ option.
To trade on IQ options, you will need to login, and you will be able to check out the chart. The chart will be located in the centre with the buy and sell options on the right side. The balance will be displayed at the top along with the assets which you are currently trading. You can use drop-down menus to access a variety of options. The overall setup off the mobile application is very similar to the desktop application. You will see the same options which are in the desktop application to the right side of your chat.
Moreover, there are other things like order types that are fun to explore, and there are different kinds of charting tools as well. You can also set up custom indicators, and the mobile integration of this application is impressive.