Iq option has a user-friendly platform for traders to navigate on, and they updated their platform to 4.0 platform recently. After login, traders are redirected to the trading platform where all links and tools are positioned on the menu on the left side, where traders can choose between two types of binary options. The middle of the platform is reserved for the useful graphing tool, and the right side is meant for placing trades. Withdrawal and deposit options are easily accessible.
iq option platform enables traders to follow trades by other users. This feature, positioned on the bottom, is really helpful when it comes to making a decision and developing strategies since it is showing the direction in which market is going.
This platform is great for traders who can place their investments in binary options. During our iq option review, we had no problems in using the platform. Asset list consists of over 500 different underlying assets, such as numerous currencies, stocks, commodities and indices.
For those who are not always next to their computer or simply want to have access to their trading all the time, iq option developed the mobile platform. All traders need to do is to download the app for android or iOS, depending on their mobile phone type, and install it. The mobile app is free of charge, but only supports trading in binary and turbo options. Even then, it is a great app for all traders who still have a lot to learn how to trade binaries.
IQ Option Forex and CFD’s Trading
IQ Option is excited to announce Forex and CFDs trading. These financial instruments are perhaps one of the most popular ways to join the financial trading community. IQoption CFD trading is based on the difference between the strike price and the closing price and the value of the difference is what the trade is placed on. With IQoption forex trading, also known as trading on the foreign exchange market, you are basing your trade on the exchange of currency pairs. With introducing forex and CFDs trading, IQ option is actively expanding their trading selection with financial instruments that have strict licensing rules which help protect the traders and offer a transparent trading environment.
Using IQoption platform to trade forex is very interesting. All that is needed is to is select the forex instrument type under the asset selector in the upper left corner of the chart. The interface will immediately adapt and show BUY-SELL buttons and the multiplier selection box. Multiplier is the leverage and with IQoption it can go as high as 1:1000. Default is 1:50. After you do the chart analysis just click on either of the buttons you deem correct. The open position will be shown if you click “Open Positions” on the left while total profit or loss for all positions will be shown in the upper right corner of the chart. There a “Close All” button is present if you need to do emergency exit out of the market.
IQoption took trading one step further by implementing new assets to their CFD’s portfolio – 7 most popular cryptocurrencies! Bitcoin, Ethereum, Litecoin, Bitocoin Cash, Ripple, IOTA and Dash are already implemented to the IQoption trading platform, but the broker also announced more cryptocurrencies to come any time soon.
These popular assets, that are according to many specialists the ones that will be the next big step in monetary politics and financial markets, will allow traders to additionally improve their trading portfolios thanks to diversification possibilities. IQoption helps traders participate in this amazing trend that could change the world.