Forex Trading Online

 

IQ Option – Forex Trading App


Forex Trading Online
FOREX TRADE

IQ options has quite a few negative reviews, BUT if you make a bad trading decision and lose money, is it really the brokers fault? My name is Louise and you are watching IQ Option broker review brought to you by Finance Illustrated. Like many brokers, IQ options offer a demo account where you can trade with virtual money before you dive in real trading. BUT their Demo Account stands out for one reason and that is because there is NO limit to trade on the demo account. Most brokers offer 14 to 30 days and then you should switch to a real account but IQ options don’t put a limit on how long you can trade on demo. It’s Pretty smart actually – they don’t put pressure on you to open a real account because they know you are not starting your trading career with the thought of staying in DEMO mode forever. This way you can test out different strategies, even after you open a real account,you can still test future strategies in demo mode. So its a win-win. Nevertheless, when you’ve open a real account with IQ options, the required deposit is only $10, which is crazy low! They do not charge any fees for depositing funds. You can currently use debit services such as Maestro and Visa Electron, or credit cards like Visa and Mastercard. Customers can also use a host of payment processors such as Skrill, WebMoney, CashU, Neteller and Money bookers. When it comes time to withdraw funds from your IQ Option account, you have to withdraw the same way you deposited. And if you deposited via credit or debit card you must withdraw the initial deposit amount onto the card, because this transaction gets processed as a refund. Any profit that is over this amount will need to be withdrawn via a bank transfer or your chosen e-wallet. Keep in mind that opting for a bank transfer does come with a fee of $31. So i would set up a Skrill or Neteller account.




IQ OPTION TRADING


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IQ Option is a regulated broker. And last year traders withdrew more than 11 million dollars per month.So there should be no problems with getting your money. You can trade 167 stocks, 89 Forex pairs, 53 options. 18 cryptocurrencies, 11 indices, 6 commodities and 21 ETFs on IQ Option on trading platforms. But there is no option to use MT4 – they just don’t have it. So far traders are mostly happy with the platform and the mobile app, which supports exactly the same functions as the desktop. This broker offers binary options, but the rules have recently changed and only professional clients can apply for this offer So to wrap up it is pretty easy to sign up. You can even log in via Facebook. Minimum deposit requirement is only $10. Withdrawals take 1-3 working days and cost nothing. Provided you use e-wallet and you can use the demo account for as long as you want. On the flip side retail traders can not trade binary options anymore. Leverage is up to x30 and the USA, Canada, Australia and Japan are just some of the countries, where traders are not able to sign up for trading. Well i hope you find this review helpful and if you experience anything different with this broker then drop us a comment in a comment box below and let us know how you go on with them. To all you traders beginning your trading career good luck and we wish you plenty of profits! 


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