15 Minutes Strategy Binary Options
5 stars based on
Our expert IQ Option review team found that this is one of the simplest brokers to get started with. The setup section is basically the same as many other regulated broker. You will need to create an account first. To do this, you need to give your name, your country of residence, street address, email address, and your phone number. They will also ask you to select a base currency with which you want to trade with.
Once you choose this, you cannot change it later. Once you have created an account, your next step is to fund it. IQ Option gives you a number of different choices that you can use to how to trade binary options with candlesticks experts review your account. They offer the major credit cards, wire transfers, and a host of e-wallets. According to EU how to trade binary options with candlesticks experts review regulations, you need to prove your identity how to trade binary options with candlesticks experts review your address of residence before money can be withdrawn from your account.
If you are using a credit card, you will need to scan the front and back of the card and send it in. You should cover up all but the last four digits of the card number and the CVV on the back.
These rules might seem like needless hoops to jump through, but IQ Option follows them in their effort to prevent money laundering and other illegal activities. So while they might be a hassle, they are for the general protection of everyone.
Withdrawals from IQOption take about three business days to be processed. The time before they show up in your personal account will vary based upon the bank or other company that you use. If you use a wire transfer, you will be charged how to trade binary options with candlesticks experts review little extra for the cost of wiring money to your bank.
Your first withdrawal each month with other methods of banking will be free. Other than a low barrier to entry, IQ Option has a strong trading platform to encourage traders to use their site.
They have a proprietary trading platformand this comes with many special features. They are able to host trading contests on their site because of this. Robot No Longer Active. This is another choice that traders on the go have if they do not want to sacrifice trading opportunities just because of a busy schedule.
Our IQ Option review team found that mobile trading can go either way when it comes to helpfulness. If you are going to use your phone or tablet to trade, we recommend having a strong method of analysis or a signals service on your side before you execute your first mobile trade. As far as assets go, IQ Option offers more than 70 different assets, ranging from stocks, to indices, to commodities, to currency pairs. They are based out of Europe, so they naturally have a focus on European based assets.
However, they do offer a selection of international stocks and indices, too. They are one of the handful of brokers that currently offers Bitcoin options, too.
Their trades range from 60 second binary options up to longer term trades of up to the end of the current trading how to trade binary options with candlesticks experts review.
They have call and put options available in all of these expiries. However, because most traders do not profit when they use exotics, we see this as more of a good thing than a bad one. If you have additional questions about trading at IQ Optionbe sure to get in touch with a customer service specialist.
One major drawback of IQ Option is that they only accept EU based traders as well as some other individual countries such as South Africa. This is unfortunate for traders in other parts of the world, simply because this is a unique and accessible broker.
Another drawback of IQ Option is the fact that they do not have a wide range of expiries for traders that want to hedge positions with a more long term strategy. However, this is not a widely used method of risk management, and most traders do not need to worry about this. Other than this, IQ Option has a solid trading service for binary options traders. You may also find the fact that IQOption does not offer high yield or exotic trades to be a hindrance.
For most people, this is a nonfactor, and it actually saves them money. However, if having these types of options available to you is important, then IQ Option might not be the best broker for you. Our IQ Option review concludes that this is a great broker with a lot to offer tradersespecially those that are just starting out or do not have advanced strategy skills yet in place. Other, more experienced, traders can also benefit from using IQ Optionbut there is a definite appeal for new traders or those without a lot of capital here.
Whether or not this broker is right for you is up to you. We encourage all traders to use demo accounts whenever they start using a new broker, and IQ Option does have how to trade binary options with candlesticks experts review free demo trading service that you can use.
This is a good way to get practice using the IQ Option platform in real time before you ever risk any of your own money. Your Capital is at Risk. Short Term or Long Term. IQOption Review Written by: Binary Options University Rating: The financial services provided by this website carries 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. Broker Information URL https: