How to use iq option app in kenya

Choose bollinger bands in the list of technical indicators.
Set the general indicator parameters:
Period – how many recent candlesticks to use for calculating the lines (normally 20).
Deviation – the standard deviation of the price from the moving average line.
Choose the display parameters for the upper, lower, and middle lines.

Free forex bonuses

Top 5 Popular Indicators and Ways to Use Them, how to use iq option app in kenya.

NOTE: this article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
In accordance with european securities and markets authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.

Top 5 popular indicators and ways to use them

All indicators, currently available to you on the IQ option platform, are there for a reason. All of them can help you determine optimal entry and exit points, elevating your trading results. However, some are even better and more popular than the other. Here is a list of the 5 most popular indicators and ways to use them.

Distribution of indicators by their popularity among mobile app users

RSI — 13.18%

The relative strength index (RSI) is a momentum oscillator, capable of providing the trader with sell or buy signals. The logic behind the indicator is simple. When the asset is overbought, its price is usually higher than the market wants it to be and is likely to decrease soon enough. Conversely, when the asset is oversold, its price is lower that what is considered to be “normal”. The asset, therefore, can be expected to appreciate in the foreseeable future. The RSI can help you determine overbought and oversold positions.

How to set up the RSI indicator

Choose relative strength index in the list of technical indicators.

Set the following parameters for the indicator:

Period – the number of recent candlesticks to use for calculating the indicator values.

Overbought and oversold – horizontal lines in the indicator window that mark the probable overbought and oversold levels (the standard values are 70 and 30).

The closer the indicator value is to 0, the higher the chance that the asset is oversold and may transition from a falling to a rising trend.

The closer the indicator value is to 100, the higher the chance that the asset is overbought and there is a possibility of a price reversal from rising to falling.

Want to know more? Read the full article.

Bollinger bands — 11.56%

Bollinger bands are a volatility-tracking indicator. The sole purpose of it is to mark periods of high and low volatility on the price chart. Not meant to be used on its own, this indicator can still complement trend-following or oscillator-type indicators, contributing to the overall effectiveness of your trading activities. When the market is flat it is usually hard to predict the direction of the future price movements. Bollinger bands will help you determine the prevalent market phase.

How to apply bollinger bands

Choose bollinger bands in the list of technical indicators.

Set the general indicator parameters:

Period – how many recent candlesticks to use for calculating the lines (normally 20).

Deviation – the standard deviation of the price from the moving average line.

Choose the display parameters for the upper, lower, and middle lines.

Important: the indicator settings are very simple, but to use it effectively, you need to study the principles of the algorithm in detail.

According to the indicator’s author, you should consider the following SMA values:

10 for short-term trading

20 for medium-term trading

50 for long-term trading

Read more about bollinger bands here: “bollinger bands” indicator.

SMA — 9.97%

The most basic alteration of the moving average, the simple moving average excels at estimating the prevailing trend. Sometimes the direction of the trend is not obvious. It also happens that a medium-term trend behaves differently than the long-term one. In those cases, the use of an SMA is more than justified. This indicator can also be combined with indicators of different type for the purpose of providing buy and sell signals. More about the SMA.

Stochastic oscillator — 8.56%

The stochastic oscillator is a great technical analysis tool, yet it is hard to master. Being an oscillator-type indicator, it does not follow the trend. Rather, the stochastic can help you determine overbought and oversold levels (you already know why it is important, right?). There are several different types of trading signals this indicator will send: crossover, convergence and divergence.

How to use the stochastic oscillator indicator

Choose stochastic oscillator in the list of technical indicators.

Set the following parameters for the indicator:

Period %K – the number of individual periods to use.

Smoothing coefficient %K – the level of internal smoothing of the %K line (1 is a fast stochastic oscillator, and 3 is a slow one).

Period %D – the number of individual periods to use for calculating the moving average of the %K line.

If the indicator lines are below the 20% level, this signals the possible beginning of a reversal to rising. The opposite is true when the indicator lines are above the 80% level.

Not one but two articles to familiarize yourself with the stochastic:

EMA — 6.99%

Another variation of the well-known moving average tool. The exponential moving average serves the same purpose the SMA does. Two curves are calculated a little bit differently but still can be used interchangeably depending on your personal preferences. Identify the trend and use (either as a standalone tool or in a combination with other) to determine optimal entry points.

Whatever the indicator you choose, don’t forget to study it and use correctly. The indicator is merely a tool in the hands of a well-prepared trader and is not capable of providing astonishing results by itself. Apply one of the indicators you’ve learned about today to your trading efforts to get better results.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.
84% of retail investor accounts lose money when trading cfds with this provider.
You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

How to make money with IQ option in 2021 | A complete trading guide

As a personal finance writer of forex, options, and financial instruments; the question that I am asked the most is if a broker is legit.

Demo account

:regulated

:MT4 integration

:supports all devices

:fast payouts

:instant deposits

And if it is genuine, most traders still go ahead to ask about the trading conditions which make a broker stand out from the rest.

Admittedly I have had to answer a few questions here and there about the IQ option too?

And it is quite important that today we review the platform.

Watch video | complete guide of binary options.

So expect all info about this broker, scam checks, and certainly a genuine thought why IQ option is the best in options trading, forex, and ETF’s.

But even as you prepare to take that great first step to register, remember to trade responsibly: –

What is IQ option trading?

IQ option is a simple trading platform that allows online clients to trade forex, option, and ETF’s on various instruments across all popular assets (cryptocurrencies, stocks, indices, currency pairs, and commodities).

Demo account

:regulated

:MT4 integration

:supports all devices

:fast payouts

:instant deposits

The company was founded in 2013 and it has since grown to gain over 25 million traders over the years.

Currently, IQ option does over 1, 800, 000 trades per day where traders withdraw over $10, 800, 000 per month.

As of 2017, IQ option accepted traders from 151 countries including: –

Find the rest of the list on the IQ option website.

Is IQ option legit?

Of course, it is. This is if to go by the fact that it is licensed and regulated by the cyprus securities and exchange commission (cysec). A body that regulates brokers in the european union among other jurisdictions.

To obtain such licenses a broker has to meet specific minimum requirements which IQ options supersedes – including: –

Demo account

:regulated

:MT4 integration

:supports all devices

:fast payouts

:instant deposits

Safety of client funds – money to be kept in a secure account that is separate from broker business.

Protection of client data – IQ option is fully SSL encrypted – this protects trader data from any potential hacks.

Details of assets available for trading in IQ option.

1. Stocks – IQ option has 168 stocks that are available for trading in the platform. These include stocks by major companies such as apple, amazon, microsoft among other listed corporations.

2. Options – with IQ option users can call option (buy) or put option (sell) different trade instruments across a varied asset range.

3. Forex – IQ option offers a huge range of currency pairs both for the traditional forex trading and cryptocurrencies.

4. ETF’s – also exchange traded funds are marketable securities that track a stock index on a range of assets. Prices of ETF’s change throughout the day as they are bought r sold. I IQ option there are 21 ETF’s available for trade.

5. Cryptocurrencies – IQ option allows users to trade over 10 cryptocurrencies which include all the top cryptos – bitcoin, ripple, ethereum…

6. Indices – traders who believe that particular stocks can increase overall in the future or in a short period of time can also speculate on particular indices in the market. IQ option offers 11 options to trade indices.

7. Commodities – you may also want to trade in the primary economic sectors by speculating changes in the prices of commodities such as wheat, gold, silver, platinum among other commodities. IQ option offers 6 commodities for traders.

Signing up with IQ option.

There are so many easy ways that you can use to sign up for IQ option – including signing up through facebook, google, or simply click on the image below to register.

You will be redirected to your new account with $10,000 demo units which you can use to practice for free. On real market conditions.

There are so many easy ways that you can use to sign up for IQ option – including signing up through facebook, google, or simply click on the image below to register.

You will be redirected to your new account with $10,000 demo units which you can use to practice for free. On real market conditions.

Only note that demo accounts are solely for the training purpose and you can not withdraw any profits you make off your forecasts.

On the brighter side, it’s risk-free (you don’t lose real money with demo accounts).

Types of trading accounts in IQ option.

Real accounts – IQ option live accounts are activated with a minimum deposit of $10.

IQ option deposit :- best methods to deposit money in IQ options

IQ option deposit

There are many ways to deposit money in IQ option and this IQ option deposit methods will work for you perfectly without any problem.

Here is different IQ option deposit methods:-

IQ option is the best is the best binary options broker they offer many ways to deposit money in iqoption. There are basically three ways to deposit money in IQ option they are listed below.

Credit/debit card

Wire transfer

E- wallet service

This IQ option deposit methods are explained clearly below with detail procedure.

Credit/debit cards:-

This the easiest and fast way to deposit money your IQ option account there are no hidden charges/fees while deposit money in IQ option. There are lots of advantages if you deposit money with your credit?Debit cards in your IQ option account. Some of them are

Instant transfer:- if you deposit money in IQ option with your credit/debit card then it will be instant and very fast you have to not wait and money will be instantly transferred into your IQ option account.

No hidden charges/fees:- IQ option deposit with bank cards there will be no any kind of any hidden/fees while you deposit money into your account so it will easy for people to deposit without any hesitation.

No extra accounts needed:- with this IQ option deposit method you will free from any making any other kinds of account and it will save your time and money of your.

Note :- in some country like india banks have prohibited to deopit money in your IQ option account but don’t worry for them I have given trick at last of this post how you can deposit money in your IQ option account.

Wire transfer

This IQ option deposit method is the slowest among all the IQ option deposit methods and takes up to 5-10 working days to reflect money in your IQ option account. Further, they also add additional fees with your bank transfer. So we do not recommend this method to deposit money in your IQ option account. This is only for those who do not own bank cards and want to still deposit money in IQ option account.

E-wallets

This IQ option deposit method is good for those who want to make multiple accounts in different binary options brokers. IQ option accepts payments from three e-wallets which are neteller, skrill , and webmoney . All of them works perfectly to deposit money in your IQ option account. But we do suggest to use skrill for withdrawal use it to just deposit money in your IQ option account. This is because they are doing scam with people by taking extra fees then mentioned during bank transfer. So we recommend you to use neteller as your e-wallet to make IQ option deposit.

Deposit method in IQ option for indian/ country where it is blocked

[update]- please use advance cash and jeton wallet to deposit money in IQ option

This method is recently found by me to deposit money in IQ option here is the complete procedure how to do…

Make a new account in any of the wallets either advance cash/ jeton wallet .

Now just verify your account by giving them your government ID’s and they will verify in 3/4 days.

After you successfully verify the account you can now deposit money in the wallet.

There are lot’s of the way to deposit but the most common method is by bank cards like debit/credit cards.

Now after depositing money in your wallet now it’s time to transfer it into your IQ option.

That’s it you have successfully deposited money in IQ option now you can deposit by this method.

Note:- yu have to withdraw money by either skrill/neteller only you can only deposit money by this method to withdraw you have to use skrill or neteller only.

Also read: is binary option legal in india? Should you do binary options trading?

If you still have any doubt then please comment below we will surely help you in depositing money in IQ option.

IQ option’s mobile app is taking the binary options trading market by storm

IQ options, since they were opened in 2013, has been making all efforts in introducing innovative technologies in the world of binary options trading. A russian broker along with his team used their expertise in developing new features, making the platform quite easier to use.

The IQ option’s mobile app is one of their creations that have brought a revolution in the binary options trading industry. This technical innovation helps the traders to analyze the market more effectively, generate accurate signals, whereby making more money.

In a recent report, the IQ option’s mobile app has been considered as one of the most effective apps. Also, it is user-friendly, which is one of its biggest advantages as most apps available in the market today are difficult to use. In order to use other apps one needs to have the technical know-how, else he/she might difficulty in navigation. However, this isn’t the case with IQ option’s mobile app. It is because of the easy-to-use feature, this app is perfect to use for complete beginners in the trading industry.

Probably, the user-friendliness of the app has made it so popular among the traders, so much so that it is even preferred over the desktop version of websites. Aside, it has other great features. One of them is its graph settings, including timeframes, video tutorials, and line drawing. The graphs have high levels of readability, allowing you to zoom in. Similarly, it is integrated with a modern interface and it loads things super fast. Precisely, in terms of functionality as well as look, this new mobile app simply has no competition.

Individuals who have used a sports betting app, they will find this one easy to control. Like any sports betting app, it is also about giving an accurate forecast. Importantly, the app has a strong security system, ensuring the safety of your personal data and money. The users can even configure touch ID during the setup process. This means that the app will only work when it has got your fingerprint verified. Similarly, the application also sends notifications, so that you do not miss any important events or updates about the trading market.

If you are thinking of getting this app, then turn to itunes or google play store. However, there is nothing to worry if you have never used any binary options trading mobile app before. Whether you are a beginner or a pro, this app will surely help you achieve your trading goals. Moreover, its user-friendly feature will assist you throughout the process without creating any hardships.

Even though most traders use their desktops, the binary options trading industry is witnessing a constant growth in the mobile market. And so, the operators such as IQ option are spending in their mobile offering. They have taken to bringing something innovative in the mobile apps environment with a motive to ease binary trading for the traders. To download IQ option mobile app now, click the button below.

More information about IQ option

Maximize the use of indicators in day trading

IQ option demo and real trading accounts: know the differences

Binary options trading in mexico – is it legal? Where to trade?

IQ option – how to deposit and withdraw with webmoney

Market analysis with IQ option – how to do it?

Understanding IQ option broker – get to know this broker

Discover the differences between put options and call options

To trade with and without expiration – what should you know

How to reload your demo account with IQ option?

How to open deals with IQ option when the market is closed?

Author

More about the author J. Pro

Unlike stephen (the other author) I have been thinking mainly about online business lately. I wasn't very successfull with dropshipping on amazon and other ways of making money online, and I'd only earn a few hundreds of dollars in years. But then binary options caught my attention with it's simplicity. Now I'm glad it did because it really is worth it. More posts by this author

4 responses to “IQ option’s mobile app is taking the binary options trading market by storm”

I donot see the part of binary options on the practise account….I only see digital

Log in

Visit website iqoption or mobile app,

Click on “log in” button,

You need fill fields: “phone number” or “E-mail” and “password”,

For social login click on “facebook” or “gmail” button,

Click on “log in” button.

Iqoption – how to sign in?

First of all you need go to main page of iqoption and found menu `log in` and click to this menu like on sample:

Watch on the video where is menu log in and how use it:

Few simple steps to login to iqoption platform.

As soon you click on the button you will see few fields where you have fill you user name and password:

On the sample you can find few buttons and fields. Button number 1 allow you select fields for sign in into iqoption. Button number 2 allow you select fields to be able register new trading account. Button 3 allow you login with your facebook account. Button number 4 allow you login with your gmail account. Field number 5 must be filled with your email (email is your login and if you don’t remember your login you can always contact to iqoption support they will help recover your login by phone number, ip, passport, full name or by other private information.)

You must understand that login menu looks absolutely different for web version, android application, ios application but it must be found not so hard.

You need use usual login menu with your username and password to access inside of demo account.

Like for demo account you need fill your access info to user name field and password field and after that you see your trade panel.

How to switch on between iqoption demo and iqoption real account?

On the iqoption platform you have only one login and password for both real account and demo account. You don’t need register two accounts! To switch on demo trading account and real trading account you just need click on your balance and you will be able to select one type of account. It must be DEMO trading account or REAL trading account.

How to log out from iqoption?

If you want log out from your trading room you need find menu like on the sample:

Usually you can find log out menu on the top of trade room. Just click on the `log out` and it’s all. If you want keep your money safe we recommend log out from trade room after trading or if you don’t want use trade room in near future. If you don’t use log out button somebody (who has access to your computer) can open browser and in few clicks get access to trade room because browser remember almost everything like login sessions and so on…

Only few simple steps to change email:

First of all you need log in into your account and find your profile. You have to click profile and find personal data menu. In this section you be able change email like on sample. So if you need change email it help do it so easy by few steps on iqoption.

We recommend use always most secure email account for registration on iqoption.

How trade without log in? On iqoption

You can’t trade on iqoption.Com without login into iqoption account. So, you need register trading account and always use you login details to be able trade on DEMO or REAL ACCOUNT

Android app log in

Iqoption & iqbroker – android app login

To log in android app user must follow next steps:

Launch the android app,

Click “login button”,

Fill email address,

Fill the password,

Click “facebook” or “gmail” button (in case of sicial account registration),

Click “reset” (if you forgot password only!).

For iqoption and iqbroker app instruction is same.

Ios app log in

Iqoption & iqbroker – ios app login

To log in ios app user must follow next steps:

Launch the ios app,

Fill email and password,

Click “facebook” or “gmail” button (in case if you wants log in with social profile),

Click “reset” (if you forgot password only!).

For iqoption and iqbroker app instruction is same. Iqbroker is new app and social buttons may not be available in old versions.

20 comments

Hi here from india! I just found iqoption in yahoo search page and this blog really helped me each time when i want found login page �� it’s really hard find login page on iqoption.Com

Some time you spend time to find login button and this iqoptions blog really helped me. Now i know that login page is different on the apps and the web. So this FAQ more than enough.

Top 5 popular indicators and ways to use them

Distribution of indicators by their popularity among mobile app users

RSI — 13.18%

How to set up the RSI indicator

Choose relative strength index in the list of technical indicators.

Set the following parameters for the indicator:

Period – the number of recent candlesticks to use for calculating the indicator values.

Overbought and oversold – horizontal lines in the indicator window that mark the probable overbought and oversold levels (the standard values are 70 and 30).

The closer the indicator value is to 0, the higher the chance that the asset is oversold and may transition from a falling to a rising trend.

The closer the indicator value is to 100, the higher the chance that the asset is overbought and there is a possibility of a price reversal from rising to falling.

Want to know more? Read the full article.

Bollinger bands — 11.56%

How to apply bollinger bands

Choose bollinger bands in the list of technical indicators.

Set the general indicator parameters:

Period – how many recent candlesticks to use for calculating the lines (normally 20).

Deviation – the standard deviation of the price from the moving average line.

Choose the display parameters for the upper, lower, and middle lines.

Important: the indicator settings are very simple, but to use it effectively, you need to study the principles of the algorithm in detail.

According to the indicator’s author, you should consider the following SMA values:

10 for short-term trading

20 for medium-term trading

50 for long-term trading

Read more about bollinger bands here: “bollinger bands” indicator.

SMA — 9.97%

Stochastic oscillator — 8.56%

How to use the stochastic oscillator indicator

Choose stochastic oscillator in the list of technical indicators.

Set the following parameters for the indicator:

Period %K – the number of individual periods to use.

Smoothing coefficient %K – the level of internal smoothing of the %K line (1 is a fast stochastic oscillator, and 3 is a slow one).

Period %D – the number of individual periods to use for calculating the moving average of the %K line.

If the indicator lines are below the 20% level, this signals the possible beginning of a reversal to rising. The opposite is true when the indicator lines are above the 80% level.

Not one but two articles to familiarize yourself with the stochastic:

EMA — 6.99%

IQ option trading robot

Trading robot for IQ option

Today about 95% of all successful market transactions are made by programs.

Taking into account this tendency IQ option company worked out a unique service, giving an opportunity to every client to work out his own robot for successful trading.

How to use IQ option robot

All the technical nuances the broker has taken upon himself. Moreover, every person may use a free catalog of robots on the website. All you need is to choose more profitable systems from the overall rating, to carry out their test on the historical quotes and bring it into operation.

With the help of handy filters system, a selection of the necessary program takes only a few minutes. Use one of the instruments corresponding to your qualification level to make this kind of robots. When your authorization process is completed, the blackboard is opening. You should make all the operations inside this space. Just choose an appropriate instrument and follow the given instructions.

The robot made for binary options can participate in tournaments organized by IQ option.

Insurance of operations before starting to use the robot

When choosing a trading robot it is necessary to make some insurance operations to decrease the number of negative factors. Every robot is tasted on the demo account.

Do not take the figures indicated in the description seriously. Market is not stable, so yesterday's results may already not work.

Study the marketing principle on the basis of which the program opens transaction on purchase or sale. To do that, check out in manual mode the efficiency of this methodology on the quotes' history (accounting period must be not less than 3 months).

Monitor customer feedback. Pay special attention to the moments where the traders had difficulties.

IQ option

IQ option are one of the largest, and fastest growing, binary options and forex (FX) brokers trading at present – find out why here. Though binaries are currently withheld from UK traders, you can still use ‘FX options’ which are similar products with limited risk, but open ended upside. We review the v4.0 platform, layout and how you can get the most from your trading account:

How to use the platform

The benefits of the mobile app

Payout information

Robot feature

Which additional features to make use of

IQ option group has two legal entities: IQ option europe ltd based in cyprus, which provides services to the EU clients and is regulated by cysec. Binary options are prohibited in EEA. IQ option ltd’s headquarters are in seychelles, this company provides services to non-EU clients and is not regulated.

Binary and digital options are now prohibited in the EEA, including the UK, by ESMA. As a regulated firm, IQ option can only offer trading to professional clients.

The good news for EU traders however, is that IQ option have released a new product ‘FX options‘ to attempt to plug the gap left by binaries. FX options include the fixed expiry and limited downside of a binary trade – but also provide scope for larger upsides. Read the detailed explanation of FX options below, or jump there via the content menu above.

Despite being relatively new to the sector, having formed in 2013, IQ option have grown rapidly. This growth was due, in part, to offering low minimum deposits – making trading accessible to large numbers of traders, and ensuring they offered a smooth, enjoyable trading platform. In their words “the ultimate trading experience“. Strong affiliate partnerships boosted growth at a record pace.

CFD, forex and bitcoin

Since being founded, the firm have expanded beyond pure binaries. They now offer traditional forex trading, and also cfds. They led the way in cryptocurrencies, offering direct trading access to bitcoin, ethereum and others.

In addition to these new trading options, they also added risk management features. Tools such as stop losses and take profit have been added to ensure the forex and cfd traders have all the advanced features they would expect with leveraged products.

IQ option are not a scam. The firm are cysec regulated (and adhere to the mifid guidelines) and have started to collect some of the more prestigious awards in the sector too – including ‘most reliable binary options broker‘ in 2014, from masterforex-V. The brand continues to grow and innovate and traders will be offered a demo account (practice account) immediately on registering, without the need for a deposit.

Demo account – yes. Available to anyone via the demo login. No time limit and balance can be reset as often as required.

Minimum deposit – £10

Minimum trade – £1 (maximum trader variable)

Signals service – yes, provided within trading platform.

Bonus details – none. Cysec moved to end the practise of deposit match bonuses and as a regulated broker, IQ no longer offer a deposit bonus.

Mobile app – yes. IQ provide an excellent mobile trading app. These are covered in more detail below.

Trading platform

Updated v4.0 platform review

IQ option have recently rolled out the much anticipated v4.0 platform to all traders. It is a visually stunning platform, and sets the gold standard for binary options brokers.

The old strengths remain – it is a fully configurable platform. Traders can arrange trading windows as they wish – focus on just one, or manage a whole range – whatever suits the trader best. Our screenshot illustrates one ‘main’ window, with three other assets underneath. All can be traded simultaneously.

The price graph makes up the main part of the trading platform. But down the left hand side of the trading area are the navigational buttons to move to different areas of the website (these can be collapsed when not required) – and alongside those are some powerful technical analysis features.

New technical analysis tools have been provided, and these are available from a small menu at the bottom left corner of the price graph.

Plot type
- This option allows traders to amend the graph to a format they prefer to work with. Options include the traditional candlestick, line and bar charts – in addition to the default area graph. Each can be tailored in terms of colour and appearance.

Time interval
- This is an added area of flexibility. It is surprising how many brokers overlook the fact that traders may want to expand or collapse the time frame of the price graph they are looking at. IQ have added a great layer of flexibility for traders to dive into the price charts and map any trends accurately.

Graphical tools
- A natural progression from allowing the charts to be expanded, is to allow traders to draw their own interpretations on to charts. The graphical tools allow traders to add trends, or support and resistance lines – the tools can be used however a trader wishes. This is vital for traders wanting to get their timing right – but again, not always something that is provided on other trading platforms.

Indicators (technical analysis)
- Binary options suit technical analysis, and IQ have provided 9 technical analysis techniques that can be overlaid on the price graph. Traders can watch the MACD run beneath the prices as they move, or overlay bollinger bands. Again, each tool is configurable, so moving averages can be amended to suit the trader. Ever wanted to amend the ‘smoothing’ ratio on the stochastic oscillator? With IQ option, you can! In all seriousness, these tools are as powerful as any high end CFD or forex broker and IQ really have raised the bar within binary options.

More configurable

IQ have added more configurability to the platform, so traders can set their own colour schemes and hide or show menus depending on their preference. This extends to the trading windows too, where IQ have provided a range of preset layouts to make trading multiple assets much easier.

The expiry and amount fields have also had a redesign, with “+” and “-” buttons being added so that expiry times can be pushed back, or brought forward and the trade amount can be clicked higher or lower very easily – without the need to type figures in.

IQ option also try and add new features to give traders more flexibility. The position top-up facility means traders can add funds to a trade to keep it open if it approaches a stop loss. This offers new choices in terms of risk management or trading strategy.

Charts

There are tools to amend the time frame of the chart, as well as the plot type (for example, bar charts or candlesticks etc). The technical analysis features are a great addition – traders can add MACD, bollinger bands or any of the other 8 analysis tools available. They are added instantly to the chart and traders can refine their trades as they need. The drawing buttons allow traders to add freehand graphics to the charts – so they can add trend lines or resistance and support levels.

Just above the new analysis options is the trader sentiment bar. As ever, this shows the way other traders are trading the particular asset. Above that are options to minimise or close the current asset trading window.

The charting offers experienced traders the chance to perfect the best strategy.

Select an asset

To select an asset, traders can select the drop down arrow at the top of the platform. This will open a new window, where the trader can choose which type of option to use and then select the category of asset (for example forex or indices) and then the specific asset, from eur/usd to facebook stock. Once selected, the price graph will update for the chosen market.

There are also ‘tabs’ across the top of the trading area where traders can quickly move to assets or markets that they have traded previously. Open positions will also appear as a new tab here – making switching very easy.

The price graph presents all the relevant trading information. The graph itself illustrates the recent price movements, but overlaid on the graph will be vertical lines showing the purchase deadline (the time by which a trade must be confirmed) and the expiration time.

Expiry and trade size

There is a ‘time‘ drop down menu to the right of the graph, and this can be used to amend the expiry time – if changed, the purchase deadline and expiration time will move on the price graph, giving a visual indication of the timings. The -/+ buttons will shift the time to the next applicable time slot.

Also listed on the right hand side are the other key figures for the trade. The trade amount is just below the expiry time – the minimum trade value is just £1. The payout for that specific asset is then displayed. This confirms the percentage returned in the event of a successful trade.

Next comes the profit indicator, this shows exactly what figure will be returned if the trade is placed – and includes the original investment amount. Finally in the bottom right are the trading buttons. They are clearly marked, not just with the relevant wording, but with arrows to indicate the trade direction as well – and just incase that were not enough, when each button is hovered over, an arrow will appear on the price graph, to show which way the price will need to move in order for the trade to finish in profit.

Where forex of cfd trades are opened, the layout will differ. Additional information such as leverage and stop losses will appear as and when relevant. Traders can also select a ‘take profit’ level to close their trade at a desired price.

Single click trading

The trading buttons at IQ option are ‘single click‘ which maximises the opportunity for traders to get the price they want. There is no confirmation window or approval delay. Once placed, a trade will be available in the ‘open positions’ window, and a line will also appear on the price graph at the strike price. Once the expiry time is reached, a window will appear confirming if the trade was successful or not, and confirm the profit / loss.

It is a visually exciting, smooth trading environment, with just enough configurability to satisfy almost every trader. While the emphasis is on appearance, the addition of excellent charting and technical analysis tools has raised the bar for the brand – and taken what was already an excellent platform, and turned it into the industry benchmark. Other brokers may offer more trading choice – but none will offer a better trading platform.

FX options

FX options are the innovative new product that deliver the same limited liabilities of a classic option, and the same principals of expiry times – but also deliver price driven upsides that are unlimited.

An FX option allows a trader to go higher or lower on an asset’s price – but they can choose their own strike price. The payout %’s range from -100% (where the trader loses the total amount of that single trade) up to 2000% or greater where the price moves significantly.

As the options are subject to a set expiry time, the usual ‘greeks’ apply, and the ‘sell’ value of an option will vary based on the underlying and the time to expiry. It does however, mean that traders can close (or sell) their option at any time before expiry – either to lock in profits or cut losses.

Currently the trades are only available with 1 hour expiries, and only on the five major currency pairs. This range will certainly be expanded as the brokers takes stock of trader interest.

The screenshot above illustrates the FX option trading screen. The red/green bar on the right illustrates the range of payouts in a single trade. Just to left of those are the strike price choices for the trader. Amending the strike price changes the payouts. They will also vary as the option moves closer to expiry.

FX options offer UK traders the following benefits:

Unlimited return potential

Potential losses limited to the amount invested

Adjustable strike price

1 hour expiration time

Ability to close a position before it reaches maturity

In addition, the number of markets that IQ offer with FX options is expanding. Recently added markets include commodities (gold, silver and oil) and indices, including the FTSE and S&P 500.

Classic options

IQ option have released a new form of trading, which they have called “classic options”. These retain some of the fixed risk associated with binaries, but allow leveraged profit too. So they are similar to a traditional investment, but with a stop loss built in.

The classic option has no short term expiry, and can be closed at any time. This makes it much closer to “traditional” investing. At present, IQ only provide classic options on US stock assets. They are sure to be a popular feature and therefore expanded with time.

Traders can select a strike price. Each level will change the levels of profit and risk of that trade. A user then chooses the amount of “contracts” they want. The cost will be relative to the strike price, and is shown clearly on the call and put buttons.

Open trades a visible from the trade history tab, and can be closed at any time. Current profit and loss on each trade shows the up to date status of the option. Overall the classic options look a great choice for traders that like to use fundamentals rather than technical analysis. As noted above, they ‘feel’ more like a CFD, but with a built in stop loss to manage risk.

Here is a video tutorial which demos the FX option product:

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading cfds.

You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Trader choice

The firm have kept adding to their list of assets. In addition, they have also expanded their choice of expiry times – particularly from the binary options lists. End of day, end of week and end of month are now also available. This is a big step for a broker that offered purely short term trades before.

Binary options – the basic binary option. Will the asset rise in value, or fall? The expiry times on offer with these has grown. Now traders can select from 15 minutes up to end of day, week or even month. Binary options are however no longer available to retail traders within the EEA, only professionals.

Turbo – exactly like a traditional binary option, but with short expiry times. Turbo options are usually available in one minute levels, from 1 minute, up to 5 minutes.

Forex – traditional foreign exchange, offering per pip payouts. The forex windows offer different leverage levels and competitive spreads. Forex markets mean weekend trading is now available.

CFD – IQ option offer direct access to some markets via contracts for difference. These include the latest range of cryptocurrency markets, including bitcoin and ethereum, among others.

Coming soon – FX options – these combine elements of binaries and forex trades with simple call / put options alongside scalable profits – but with a set expiry.

IQ option will add assets as their users demand it. Recently the nintendo share price saw a lot of interest, due to the pokemon go release. The broker was quick to add nintendo to their list of assets. This reflects a desire to deliver the products their clients demand. The asset lists at IQ are now very comprehensive.

Cryptocurrencies

IQ have led the way in making crypto trading available to retail traders. They offer trading on a huge range of cryptocurrencies, including the larger, most traded assets such as bitcoin and ethereum. These assets are available to trade as cfds, or using traditional forex models.

Non-EU traders can also trade crypto another way too – using crypto multipliers. These are effectively the same as using leverage, so accelerate profit or loss rapidly. There is a bitcoin x 100 market for example, where the underlying price is multiplies by 100 – increasing volatility and the potential for profit or loss. This market proved so popular that IQ option have added similar products on other leading cryptos, with a range of multipliers, from x20, to x50 up to x100.

IQ option mobile app

New ios version

Apple recently announced changes to the binary market in the apple store. IQ option have already responded and developed a new application for ios that meets the new rules. Compatible with ios 9.0 and higher, the app builds on the IQ offering.

Forex and CFD trading are available, and the firm will add cryptocurrency asset trading as soon as it is released on the full site. The speed with which IQ were able to respond to the apple changes was impressive. They have always been at the forefront of mobile trading development. This new offering will be unique within the apple store until other brands catch up with the new rules.

Android app

The mobile app maintains the simplicity of the trading area on the website, and retains the split second charting that makes trading binaries viable. The layout is incredibly clear, and can be tailored to suit the needs of individual traders.

In addition to the trading facilities, there are also features to maintain account details, including the ability to request withdrawals from the mobile app. The team developed their mobile offering in-house and the attention to detail is evident.

While some trading apps appear to have been purchased ‘off the shelf’ in order to tick a box, this broker has clearly spent some time and effort getting their mobile app right. The recent updates have also taken into account feedback from traders using the mobile app, and appears to be another step forward.

Download the app for iphone or android

Payout

Payouts at this broker are a clear strength. The most traded assets see payouts of around 85%, with some assets reaching 91%. (amount will be credited to account in case of successful investment). As ever, the payouts will vary based on expiry times and the asset selected.

Forex and CFD payouts will vary based on the performance of the underlying asset. IQ supply plenty of risk management tools including stop losses and user set leverage amounts.

FX options payouts also vary based on performance of the underlying asset.

Withdrawal and deposit options

Deposits can be made via credit card (all major cards accepted) as well as wire transfer and online transaction services such as skrill and neteller. The minimum deposit is just £10 – the initial deposit will dictate which account type a trader moves into. Deposits via paypal are not available and will result in an error.

A deposit of £3000 will move a trader into the VIP account type – this offers a range of improved benefits, including improved returns on certain markets, access to an account manager and VIP training materials.

Withdrawals are on occasion subject to certain verification processes at IQ option, including proof of identity. In order to avoid any dispute, it is always better to clarify these requirements before needing to make a withdrawal. All the verification can then be put in place well before monies are requested. Non verification is the biggest cause of delays.

Withdrawals are available via the same payment methods as deposit – namely credit and debit cards, and wire transfer. All withdrawals are free. They are also processed the same day.

Other features at IQ option

The brand offers their clients a range of other features and benefits:

Technical analysis icon – within the trading area, there are some technical analysis tools incorporated into the user options. These include trend line tools and moving average and bollinger band indicators.

Range of educational material – they deliver a suite of education training videos as well as one to one support on occasion

Tournaments – prove yourself among the best traders and gain extra financial rewards for performing in tournaments. The firm run a range of regular tournaments that traders can buy into to increase profit.

Bitcoin – IQ option give traders to chance to invest directly in bitcoin and other cryptocurrencies via their latest range of cfd type options. This is a solid option for UK traders looking to get simple access to bitcoin and ethereum markets – they are not always easy assets to speculate on – until now.

Does the platform require a software download?

The firm provide trading both online, and also with a software download (mac or PC). So traders have the choice. The downloaded software provides a slight speed benefit, but the online trading platform performs very well too. There is also the mobile app for trading on mobile devices – that does require downloading.

Are binary options legal in the UK?

Binary options are only available to professional traders. Retail traders from the UK are not permitted to use them, so IQ option will not show them in your account. FX options represent a very similar ‘fixed risk’ product, but unlike binary, have an unlimited upside.

Do they have good liquidity?

IQ option have grown rapidly in the last two years. They now boast over 11m accounts, and provide 3m trades a day. That offers them a huge amount of risk management, and trader reassurance that the trading platform provides a large amount of volume and liquidity.

Who regulates the company?

This broker is regulated by cysec.

How do they make money?

The firm make money by balancing trader sentiment (buyers and sellers) and taking counter party risk on each trade. Where there is a significant imbalance in trades, IQ option will reduce their exposure by offsetting risk with a market maker. We explore how brokers make money in more depth on the brokers page.

Contact details

IQ option offer a range of contact methods:

Email – support@iqoption.Com

UK telephone +44 20 8068 0760(london), or +44 80 0069 8644

Group details: registration no. HE327751
address: yiannis nicolaides business center, agiou athanasiou avenue 33,
4102, agios athanasios, limassol, cyprus

Telephone support is offered in 18 different countries including australia, india, thailand, brazil, germany and spain. Users needing to unblock, delete or close an account, need to go via the helpdesk. There is also the option of live chat via the website.

* amount will be credited to account in case of successful investment

Start trading binary options trade FX options with IQ option

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HOW OUR PLATFORM WORKS

Trusted international broker

Unlimited $10 000 practice account

Best video tutorials in the industry

Availability on any device

A wide range of analysis tools

More than 70 assets for trading

A simple and reliable funds withdrawal system

SIMPLE AND RELIABLE WITHDRAWAL

Reviews from our traders

We have the world's best trading platform – see it for yourself

Excellent interface. Great support - shoutout to alex :) only problem is that the risk exposure is not forthcoming. Took me months before I figured it out but by then I'd made losses. As such, I only trade EUR/USD as it regularly gives the highest risk exposure (about 2.5k).

Withdrawals have had no issue for me at all. It was a painful process to set up (e-wallet, sending bank card details, passport details, drivers' licence. ), but once done, everything is pretty smooth. Ideal case is to deposit from a card, withdraw to a card, withdraw to the e-wallet and then withdraw from the e-wallet back to the card (especially if you're in a country that's not 'supported' by the e-wallet).

So, let's see, what we have: these are the tools that, if used correctly, can elevate your trading results a great deal. At how to use iq option app in kenya