IQ Option Tips and Tricks

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!

IQ Option Tips and Tricks

IQ Option is currently one of the most popular online trading brokers in the world. They have been present on the international market for approximately six years now and thanks to their clear and extremely trader-friendly business policy, the number of people who trade with them on regular basis is growing constantly, even today.

If you want to join them, we have some IQ Option tips and tricks to help you trade more successfully. We’ll go through this broker’s basic features, so you know exactly what to expect and what to look out for.

Our experts have plenty of experience trading here, so sit back, relax and read on.

Platform

IQ Option launched its IQ Option Trading Platform 4.0 in December of 2020, and this is currently the most technologically advanced platform in the industry. Innovative trading software offers numerous tools and charts, so you will always have plenty of ways to analyze the situation on the market.

You can also fully customize your UI in such a way that you can easily follow up to nine assets on one screen at the same time. There are also historical quotes from up to two years ago at your disposal, so you can analyze trends over some really long periods of time. As you can see, this platform has plenty to offer, but that also means that you will have to invest some time learning everything there is to know about it. However, it will be worth it, trust us on that. Mastering this platform means that you will know exactly how to analyze an asset and extract all vital information from its trends. Oh, and the platform can also potentially get you profit of 100% on each of your investments, which is the highest in the industry.

More IQ Option tips and tricks are to come, so stay with us.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

IQ Option Minimum Withdrawal

All traders want to know they will get their hard earned money without any problems when they want to make a withdrawal and IQ Option makes sure no problems ever arise during this important process. IQ Option Minimum Withdrawal requirement is set to only $2, giving traders unprecedented flexibility in choosing their trading pattern. The broker will not charge you any fees to withdraw your money, so what you have in your trading account is exactly what you get, as far as IQ Option is concerned, although some services may apply their own fees, so do research everything thoroughly. This means that you never have to worry about your account balance getting so low that you won’t be able to withdraw larger sums of money, something that can be a problem if a broker has a $100 withdrawal requirement or more, for example. One of the most important tips we can show you is that you can use this low requirement to your advantage and explore as much as you can for next to nothing. That way you’ll know exactly what your trading strengths are. The next thing we’ll discuss in this article will help you even more with that.

IQ Option Deposit

IQ Option Minimum Deposit

Just how dedicated this broker is to its clients can also be seen from the minimum deposit requirement which is also set to only $10 (minimum trade for binary and digital options here is just $1!). There are several different ways to complete this process, including credit cards, wire bank transfers, as well as and several e-wallet services (WebMoney, Skrill, Neteller). These same methods are also available for making a withdrawal and they are all very safe. As can be seen from our IQ Option Scam Test, this broker operates in full accordance with all relevant laws and regulations, is regulated by CySEC and takes excellent care of the clients’ personal and financial data. With this minimum deposit requirement, you can start out slowly if you want and build your way towards larger investments. But we’re not done yet, plenty more of IQ Option tips and tricks to discuss, so don’t go away.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Demo Account

When you want to test a new pattern, see how well you learned something regarding binary options trading or when you simply want to get used to a new trading environment, opening a demo account is the best move you can make. IQ Option offers one too and opening it is among the most important IQ Option tips and tricks for increasing your efficiency and chances for success. You see, IQ Option Demo Account is absolutely free and doesn’t require any deposit of funds to activate it! Not only that, but you don’t even have to disclose your credit card information. All you have to do is register on the broker’s website and you’re all set to start trading. Not even contacting somebody from the staff is required. This feature can therefore only help you because what you get with it is a way to sharpen your skills and expand your knowledge without needing to invest any money. In the long run, having a demo account will help you greatly to achieve profit.

IQ Option Demo Account

Tournaments

One more thing we have to mention before we wrap up these IQ Option tips and tricks is the fact that all traders can enter tournaments this broker holds on regular basis. In these competitions, you trade with virtual funds and are trying to achieve as much profit as possible and beat the competition. If you can do that, real money prizes will be awarded to your trading accounts. These tournaments differ in terms of their length, so you can choose between daily, weekly and monthly competitions. Prize pools are pretty big, with the largest tournaments awarding up to $50,000 to the best traders, and since the fee you need to pay to enter the competition is just a few dollars, you can profit a lot from participating. If you’re not willing to invest any large sums, but consider yourself to be a successful trader, this may be just the chance you’re looking for. However, please keep in mind that starting with the first day of November 2020 this feature is no longer available to traders from the EU.

Conclusion

Because of the huge number of possibilities this broker offers, IQ Option tips and tricks are very numerous and we have only covered the most basic ones here. You will surely discover more of them as you grow more experienced. However, don’t ever forget about the ones discussed in this article because they will always increase your chances for profit, no matter which way of trading you choose. In the long run, it will pay off to open a demo account, for example, or to invest time into learning everything this platform has to offer. So open an account with this great broker, follow our simple principles and you’ll be on your way to becoming a successful trader.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

DISCLAIMER: Binary options are prohibited in EEA.

6 tips of the successful trader

1. Only day trade with money you can afford to lose.

Successful traders have a “little bucket” of risk capital and a “big bucket” of money they’re saving for retirement or another long-term goal. Big bucket money tends to be invested more conservatively and in longer-duration positions. It’s not absolutely forbidden to use this money occasionally for a day trade, but the odds should be very high in your favor.

2. Be patient

Paradoxical though it may seem, successful day traders often don’t trade every day. They may be in the market, at their computer, but if they don’t see any opportunities that meet their criteria they will not execute a trade that day. That’s a lot better than going against your own best judgment out of an impatient desire to “just do something.” Plan your trades, then trade your plan.

3. Be disciplined

Again, you need to set a trading plan and stick to it. If you’re trading on your own, impulsive behavior can be your worst enemy. Greed can keep you in vest in trades that do not seem promising enough . Don’t expect to get rich on a single trade.

4. Don’t be afraid to push the button

Novice day traders often face “paralysis by analysis” because they get wrapped up in watching the candles on their screen and can’t act quickly when opportunity presents itself. If you’re disciplined and work your plan, actually placing the order should be automatic.

5. Never risk too much capital on one trade

Set a percentage of your total day trading budget (which might be anywhere from 2% to 10%, depending on how much money you have) and don’t allow the size of your position to exceed it. Otherwise, you may miss out on an even better opportunity in the market.

6. Don’t second-guess yourself, but do learn from experience

Every day trader has losses, so don’t kick yourself when the occasional trade doesn’t go your way. Do, however, confirm that you followed your rules-based strategy and didn’t get in or out at the wrong time.

Also here are our TUTORIALS, we know that only a quarter of traders watch them, so please do not ignore these.

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.

Binary Options – Tips for Beginners

1) Why and how to trade binary options?

Trading binary options is one of the many ways to earn money online. However, for this type of an income, you don’t need to sit long hours in training. It’s very simple and everyone can master it.

The trade itself is always clear and fast.

Trader (you) selects whether the price of gold, silver, or stocks will go up or down. If your guess is correct, you’ll be awarded with up to 190% of the traded amount . This movement can be quite accurately predicted and therefore it’s possible to earn money with binary options.

With a little practice, trading with binary options can become your one and only income. However, it depends on you how much you want to devote to trading.

I am sure everyone knows about traders on the stock market who buy and sell shares for a few hundred thousand or even millions dollars. That’s because the movement of stock prices takes a long time and therefore in order to make a profit you need to buy in bulk and wait for a long time for your money to increase in value.

With binary options, everything is easier, faster and possible earnings are much higher.

Would you like to tell your boss a final goodbye?

A list of 10 main advantages can be found in this article 10 reasons to start trading binary options.

2) I know what binary options are. But how do I know if the price will go up or down ?

As you already probably know, binary options work the way that when you correctly estimate the direction of price movement of gold, silver, or stocks, you earn money.

The price may go up or down.

In order to estimate the direction of the price movement correctly, we use different strategies. There is a lot of them and you can find some them here on our website. Binary Options Strategy.

You may be taken aback, why, when I talk about strategies in my articles, I mention Meta Trader 4, or as shortcut MT4 quite a bit.

MT4 is a software that downloads information on current prices and exchange rates movements from the internet. Afterwards it allows you to work with the prizes in the form of graphs. The graphs given by a broker aren’t enough for a correct long-term analysis and that’s why we use this program.

If you have further questions about the MT4, I’ve written about over 9 articles about it in the Meta trader Show. In this series, you will learn the most important things, including a correct installation process.

Open this program and observe the chart movement. If it seems that we could enter a trade, open a web browser (e.g.. Google Chrome or Internet Explorer) and perform a trade on broker’s platform (e.g. www.olymptrade.com).

We do not trade directly in the MT4 program!

The charts shown by MT4 are called candlestick charts and are a little different than just simple lines. Here is a quick explanation: how to read candlestick charts.

Binary Options Strategy

Now that you already know about this program, you need to know how to use it. We’ll find out in the already mentioned Meta Trader 4 show. But if you want to make the lengthy learning process a bit easier, it’s time to find yourself a strategy.

There’s plenty of strategies to download and try out. Some of them can be found here: Binary options strategy. Or if you want, there are few strategies that I have used as well on the website best binary options strategies. Give that a look.

But remember, you should never invest real money without trying the strategy on a binary options demo account first. You could lose money very fast doing so.

3) Which broker is the best to open an account at and trade with?

You can learn a few basic rules on this page. A list of recommended and approved binary options brokers can be found here: binary options brokers. After clicking on any of the broker’s picture you can get a very detailed statistics, important information to consider and according to it, decide which broker is right for you.

Important factors necessary when selecting a broker:

  • How bigare the profits for each winning trade that the broker offers? Is it 70%, 80%, 90% or even 100%?
  • What is the minimum amount of deposit and each trade?
  • Does the broker offer trading with 60 seconds / 5 min / 10 min options / touch or other types of options? (Everyone has a different way of trading)

The best and most advanced broker on the market right now:

  • IQ Option: Broker with a low minimum deposit of $ 10) and a low minimum tradeamount($ 1) so it’s particularly suitable for beginners. The platform has many many functions you can use – their platform is very good! But beginners might get lost at first. As soon as your deposits combined reach up to $3.000, you get a VIP status, your own personal account manager and access to many educational videos and articles.
  • Binomo: This great broker for smaller countries outside of the European union offers a great custom made platform suitable for beginners. Their platform has been verified by VMT and is trustworthy. Their min. deposit is also set to 10 USD and demo account to try the platform is accessible for free.
  • OlympTrade: OlympTrade is very similar to IQ Option and Binomo. They also offer a free demo trading account and have a low minimum deposit of $ 10. I think it’s a matter of personal preference, with any of the mentioned broker, you will be satisfied. Open up their review and choose one.
  • HighLow: A great broker for Australian traders only. They offer a free demo account, have a low minimal deposit and also give a 50 usd cashback on your first deposit. Are you from Australia? Check it out!
Broker Bonus Min Deposit Payout Review Open Account
FREE DEMO ACCOUNT $ 10 Up to 100 % !* Review Trade Now! FREE DEMO ACCOUNT $ 10 82 % for Standard, 90 % for VIP accounts* Review Trade Now! FREE DEMO AND LOW MIN DEPOSIT $ 10 Up to 90 %!* Review Trade Now! Social trading features $ 50 Up to 95 %* Review Trade Now! Only for Australia $ 50 Up to 100%* Review Trade Now! *in case of correct prediction
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

4) How to deposit money?

Have you decided to start trading binary options? Great! But to make money, you first need to transfer your funds to your trading account, make a deposit.

Every broker has the deposit process done a little different, but generally, it’s more or less the same. It is necessary to use Skrill, a credit card or just send the money through the wire transfer – which is the slowest way. Brokers IQOption and OlympTrade have the lowest deposit of only $ 10, followed by ExpertOption – $ 200.

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!

5) How to withdraw the money you’ve earned?

If you’ve read through everything I wrote on this page and you have decided to trade, hopefully, you are in profit. Now you just need to do the simplest step of them all, which is to withdraw the money you’ve earned to your very own bank account.

You can have them sent right back into your bank account by logging in to the trading platform and clicking the withdrawal button.

The money will be in your account within 7 working days, but usually much faster and you can use it to buy anything you want or you can re-invest.

This is what trading is like – IQ Option platform

You can find a test platform below. This is how entering a trade with a broker looks like. (This is, of course a fake platform only to try trading – it doesn’t reflect real market data)

  • First, choose the direction the price will move and click CALL or PUT
  • Wait for the end of the trade. Did the price move in the estimated direction? You made money!

Open an account with the best broker now!

Broker Bonus Min Deposit Payout Review Open Account
USA Allowed
$10 BONUS $ 100 * Review Trade Now!

And what to do now?

Have you read, tried and mastered all the things mentioned above? Are you ready to go one step further in becoming a profitable binary options trader? Make sure you read the following guides as well.

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!

Like this post? Please share to your friends:
Guide How To Become Binary Options Trader
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: