Digital options became available for everyone at the IQ option platform

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Digital options became available for everyone at the IQ option platform

We are glad to inform you that Digital Option is now available on one of the best trading platforms of binary options – IQ Option. Digital Options have both similarities and differences from binary options. The entry point to the market of digital options is called strike. Strike in Digital Options will be called the price level, which will be the most profitable for opening a trading position. In binary options strike price is a price that displays a certain position of the asset price chart at the time of the deal.

Increased efficiency of trading

Broker IQ Option allows you to use 22 different types of strikes. The number of strikes available to you will depend on the scale of the assets schedule and the state of the market of the asset you are trading. Another good news, digital options have higher yields compared to binary ones. The maximum profit in this instrument, according to the IQ Option, will be increased to 900%

Additional risk management with digital options

Digital options have additional opportunities to manage trading risks. You will have the opportunity to purchase several options at the same time. Combine this feature with a large number of possible strikes and you get maximum efficiency from trading digital options. One of the most interesting advantages of digital options is that you can open trading positions in advance. This is a small plus that will allow you to enter the market already with a profitable position. But, in this case, the percentage of profit will be significantly lower, due to lower risks compared to binary options.

Features of Digital Options

Digital options have features that give the trader new opportunities to implement complex trading strategies in the options market. Earlier we already talked about the fact that a trader has the opportunity to close his position until expiration (not later than 20 seconds before the end of the transaction). It is also possible to fix your profit, taking into account the current price of the option. Also you have an opportunity to return a part of the invested funds.

Digital Options and IQ Option

IQ Option is rapidly moving forward and sets the pace for all brokers of binary options and not only. The company really cares about the trader. Since the number of financial instruments available for trading is growing rapidly. We recommend trading with the IQ Option broker not only with digital options, but with other tools that are available within the trading platform. Binary options gave a good impetus for the development and popularization of trading. The positive trend is being monitored to this day. IQ Option will also soon launch Forex, CFD and ETF. Follow the news on our website and you will find out about this one of the first.

“General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.”

Digital Options. Introducing a New Trading Tool

A Digital Option is a new trading tool developed by IQ Option. It combines features of both classic and binary options. A digital option provides an opportunity to trade a variety of instruments. The profitability and the risks of each deal will depend on a manually chosen strike price, which is its main distinctive feature.

A Digital Option price chart as displayed in the IQ Option trading terminal

Breaking Down Digital Options

Digital Options offer a high degree of freedom and a higher earning potential than binary options, the profitability of which is predetermined. A trader can vary the amount of potential profit and risk by simply adjusting the strike price. When moving the strike price closer to the current level of prices, a trader will decrease the potential profitability of the deal and at the same time limit the amount at risk. Conversely, a trader can take the additional risk by pushing the strike price further from the actual prices and hope to receive higher profit.

Risks and profit potential depends on the distance between the actual and strike prices

Traders have a chance to choose between one and five minute expirations. A Digital Option can also be sold before the expiration date. If the trader feels that the trend is taking the wrong direction, he is free to sell the option at any time. The deal can be set up with just a few clicks. Here are the steps you would want to take in order to do so.

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Trading Digital Options

To make a deal the investor is required to take the following steps:

  • Choose the desired asset,
  • Choose the expiration period,
  • Choose the amount of money he wants to invest,
  • Select a strike price,
  • Click “ CALL ” if he believes the price will go up or “ PUT ” if the price in his opinion is supposed to go down.
  • Wait for the expiration time to come or sell the option prematurely.

Basically, there are only three parameters apart from the asset type the trader will have to adjust when setting up a deal: the amount of money invested, the time period and the strike price. Nonetheless, the number of strategic options available is high. Depending on various factors, some traders will consider it unwise to choose the strike price that is too far away from the current price level if they believe the price will simply not reach the desired level. Some other traders will go for a higher/lower strike prices, being ready to accept the additional risk while chasing higher returns.

Note that digital options will expire-in-the-money only if the actual price is not identical to the strike one. For call options it should exceed the strike price by at least one pip, for put options it should fall behind the strike price by at least one pip.

Different strike prices should be used for weak and strong trends

Mitigating the Risk

Risk management rules apply to digital options deals too. Some traders believe that allocating more than 3% of one’s trading capital to a single transaction is too risky and does not help trading in the long run. Taking your time to learn and practice different trading strategies and techniques on a Practice account is always highly recommended.

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.

GENERAL RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
87% 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.

IQ Option Broker

Trade on real or demo account Binary Options, Stocks, Forex and Cryptocurrencies.

Risk Warning. Your capital is at risk!

One click registration

About IQ Option broker

IQ Option trading platform first went live in 2020 and since then, it has grown by leaps and bounds.

What is IQ Option?

IQoption.com broker this is a reputable financial company with a worldwide reputation, which has already become famous for a wide range of services and attractive trading conditions. This is confirmed by numerous reviews of traders and investors, which you can get acquainted with at the end of this review.

Basic information

Broker IQ Option
Regulation CySEC (Cyprus)
Minium Initial Deposit
$10
Demo Account
Yes
Asset Coverage CFDs, ETFs, Forex, Cryptocurrency, Stocks, Indices, Commodities
Leverage 30:1 Retail Traders, 1000:1 Professional Traders
Trading Platforms Proprietary Web, Mobile App
Currencies: USD, EUR, GBP, RUB, TYL, BRL, MYR, IDR, VND, CNY
Instruments Forex, Crypto, Binary Options, Stocks, Digital Options
Trade Signals Yes
Islamic Account Yes
MT4 Integration No

IQ Option – the world of trading.

Broker IQ Option is one of the leading platforms in terms of trading binary options & Forex or as it is called – binary options trading. The best programmers and analysts created the online broker in 2020; therefore, it has a high class of service and a lot of opportunities that steadily attract new users to it today. The number of registrations is not reduced, and currently stands at more than 16 million authorized users. This is the clearest indication of the iq options platform, as well as the fact that the service is among the top ten best option brokers around the world.
If you are interested in trading for a long time and moved a lot of options and platforms, but none of them turned out to be truly effective, the IQOption is for you.

Favorable conditions of IQ Option

The sale of binary options on the IQOption platform is not easy, it is also considered innovative, mainly due to the following list of conditions:
Minimum deposit level. Many different services offered initial deposit of $ 250, which is inaccessible to many. In turn, this broker allows you to start with 10 dollars.
Demo account. A unique opportunity to avoid mistakes during your first steps in trading options. Demo account to $ 10,000 is available for each user is absolutely free, so that it can check the service conditions of work and familiar with all the subtleties of this business practice.
Min. invest. Some options can be purchased for as little as 1 dollar.
A wide range of possibilities. The platform allows you to easily and easily choose the currency suitable for you, shares, precious metals and products, as well as the crypto currency. The service has more than five hundred assets, as well as many analytical approaches and tips to work with them.
Mobility. Services are fully available not only to users of PCs or laptops. It is also simple and easy to do all operations using a tablet or phone.

It is worth noting that you can start work immediately after registering on the site, which is available at iqoption.com.

Why the IQ Option broker?

The creators of the IQOption provided many small things, making their service completely user-oriented and its desire to work and earn in this area. You can easily find special lessons created to visually show newcomers how to conduct various kinds of actions. Besides this, there is also a glossary and many articles.
Having familiarized with them, without a fluent read, and thoughtfully working, any novice user can already from the first day to get down to business. If in the process there are questions or problems, you can always ask for help, write to email or even Skype.

Online broker IQOptions is a safe environment that is completely open, and at the same time reliable and high-tech. Every day hundreds of people are registered on the website, and sometimes-even thousands of people, which indicates its popularity and level of organization.

Video on How to Trade on IQOption broker

Your capital may be at risk. This material is not an investment advise

What a CFD trading?

How to use IQOption platform

Trading platform

Instead of choosing a standard trading platform, IQOption.com decided to provide its customers with its own platform designed specifically to meet their trading needs. The same platform is used for CFD and binary options trading. Well designed to be user friendly, the platform has an accurate chart which is a great advantage for traders who want to control the conditions in the markets.

In addition, the platform comes with a wide selection of trading instruments that are not commonly found in other brokers. Some of the advanced trading tools that we can see are popular technical indicators such as moving averages, Bollinger bands, MACD and RSI.

Developers often add new features to the platform to offer traders more features. One such feature is the “up position”. This allows the trader to keep the trade open if it approaches a “stop loss”. This gives the trader more opportunities to recover trades before closing. It should be used with discipline but offers traders new options for risk management or trading strategy.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

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