A trader can consider his trading technique, but the best IQ Option strategy will help him to move in the right direction. How to choose the right strategy? The trader must take into account his personal beliefs and principles, carefully study each stretch and test the appropriate options. Sep 06, · IQ Option is an up-and-comer in the cryptocurrency trading sphere and has taken steps to provide the most complete trading experience it can, including the ability to short-sell those cryptos. It works like this; IQ Option offers CFD’s on cryptocurrency that can be bought or sold to 24crypto.de: IQ Option. Trading Bitcoin on IQ Option One easy way to trade Bitcoin is by using support and resistance. As mentioned before, BTC prices usually remain within a range before a trend finally develops. It can remain within this range for hours or even days.
Bitcoin iq option strategyBest IQ Option strategy PDF
The choice is likely to expand however, if the product is successful. The screenshot above shows the possible strike levels on the right, alongside the trading buttons. In addition to traders having the ability to trade crypto assets using CFDs, or Forex, IQ Option also introduced a new vehicle — Cryptocurrency multiples.
These trades are effectively a leveraged trade. The underlying price remains the key element, but with a multiplier, the trade is magnified. This increases the potential profit, or loss, made on any deal. Initially, IQ only offered Bitcoin x As the name suggests, it was a multiplier of applied to the Bitcoin price.
Increased volatility, for an already volatile asset — ideal for traders. The product was so successful that IQ have expanded the offering. So multiples are now available on more cryptocurrencies, e. The multipliers range from x20 to x50 and x on Bitcoin.
To judge what trading at IQ will cost, you need to consider:. Deposits can be made using a range of options — these will vary based on the user country, but popular methods include debit and credit card, e-wallets such as Skrill and Neteller and even crypto currencies via the Hodly service. Bank transfers via debit card remain the most popular option for European based traders.
IQ Option also recently introduced AstroPay to facilitate payments from regions that may have had fewer options in the past, such as Brazil, Argentina or Vietnam. South Africa is also supported via range of new payment methods including Perfect Money.
Deposit errors are rare, and the support desk can usually help if users encounter issues. It is safe to deposit with IQ Option. Withdrawals can be made using the same list of methods. Verification is often required before a withdrawal method can be used, and withdrawal proof remains in the user area for the lifetime of the account for auditing etc. The basic account includes all the option types, withdraw options and functionality as the higher level accounts.
The firm offer a VIP Account. Benefits to VIP status include:. These payouts will vary based on the asset and expiry time selected. Payouts on products such as Forex and CFD trades will depend on the performance of the underlying asset. IQ provide the sort of risk management tools you might expect when trading these tools. They include stop losses and user defined leverage which can be set to zero. The new products move IQ Option into the leagues of major global brokers, and their offering is certainly up to that level.
They even offer direct access to bitcoin and ethereum trades — which many larger brokers do not. The spreads on foreign exchange and CFD trading are competitive too. So the costs or fees of doing business with IQ are low, and certainly on par with the larger, established online brokerages.
The free practise account is a good way to experiment with other asset types, risk free. As a responsible regulated broker, IQ no longer offer this type of incentive. Reviews still referring to bonuses are likely to be out of date.
Their affiliate network all market responsibly and ensure the nature of trading is reflected accurately. Established in mid , the brand is — in our opinion here at BinaryOptions. They list their full array of awards on their website — The list of awards quoted on their website are reputable comparison sites and confirm their credibility. IQ Option is safe and not a scam. Our user satisfaction feedback is positive for IQ — Users have few complaints and use the IQ option platform for many months and years.
The forum response is also positive. The firm operates in a very transparent way, in order to maintain their reputation and user confidence, for example:. IQ offer the best demo account terms in the industry. It is a No deposit demo account. This allows real money traders to change into the demo account, and trial a new strategy or strategies without risking real money.
It is the most flexible demo account available and is entirely risk free. It is also why the brand attracts beginners and novices. It demonstrates a real confidence that they have the best trading platform, and know that once traders have used it — they will stay with them. IQ offer trading in a range of countries, and also support across multiple languages. In , the firm operated in 18 countries — in it was up to There are however, some countries where trading is not possible with IQ due to regulations or local laws.
The firm are also growing very quickly in Asia, with binary becoming legal in India. They have recently added multiple regions to their list, including:. Other areas of growth include Africa, where Ghana and Nigeria are seeing large numbers of new traders. With responsible brands such as IQ Option, this actually works well.
Traders in these regions are now able to register at IQOption. The login process is very quick, and the demo account sign up requires only an email address. Beyond the login screen, traders will need to make a deposit before trading for real money. There are regular trader tournaments across the trading platform — each carries their own set of terms and conditions.
These are generally a competition based on trading success with a leaderboard. They are a method by the broker to encourage trading, so the tournaments are usually decided via the amount of total profit over a given period. They offer a great way for traders to compete against each other, and create a lot of interest.
The terms will often vary — so one tournament might focus on short term options, while the next might look at a specific asset class, like forex. Often there are substantial prizes for the winners of these competitions. These range from cash rewards, to more unique prizes, such as the recent Aston Martin race day experience. These gave winning traders the chance to enjoy a race day in one of the sponsored Aston Martin Racing cars.
These tournaments really increase the customer friendly feel promoted by the firm, and they are worth looking into. The demo account is a great place to experiment and find winning strategies however. The binary vs forex debate is another complex argument when looking at strategy — it will always come back to the trader, their risk appetite and their favoured length of trade.
Our strategy section may contain useful ideas, as will the forum. Our blog entries often contain trading tips, but how they are implemented or acted on is of course up to the trader. Some trades will win, some will lose, but a winning strategy is profitable in the long term. Discussions on Reddit or Youtube are extremely unlikely to be legitimate traders giving away winning systems for free!
At present, IQ do not deliver signals to traders. There are sentiment indicators which give a feel for market sentiment, but no automated signals. Expert advisors are often a feature promoted at other brands, but ultimately an employee of the broker acting on behalf of the trader is unlikely to be impartial.
IQ do not offer an expert advisor service on a standard account. This is not a lottery or a set of simple templates that will work for you. You need to understand the market, determine its principles and spend time on studying each strategy. Professional traders can make excellent profits because they spent their time studying the market; they studied its features, tried different strategies, risked and chose their scheme.
Choose your strategy, study it and maybe you'll see that trading with a broker can be a lucrative job, not a lottery. There are strategy-templates, that is, it is a gift from more experienced traders. This is a defined system that is operating in the middle.
The strategy is not just a way of moving and converting deals; it's a market analysis, technical analysis, indices of different indicators, algorithms and much more. Each strategy is based on specific principles, but each scheme can have its own shortcomings and advantages.
You can not just choose a strategy; you need to know more about this in order to secure your assets.