Posted on: 03 May, 2024
Author: webarticles.net
Forex trading is a very popular profession in today’s world. People can easily secure their life just by trading the financial asset in the global market. Over the past year, Options trading industry has changed the core concept of investment business.IQ option is now offering one of the best trading environment to their retail clients. The global geographic coverage of IQ option offers safe and fast-paced trading environments to the professional options traders. This broker has CySec regulation and has extended their service to both European and Non-European clients.
General Risk Warning: The financial products offered by the company 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
Forex trading with IQ Option
Every day the number of retail traders are rising at an exponential rate in the Forex market.IQ option offers a dynamic trading platform to their retail clients where they can easily do advanced technical analysis by using the built-in tools of Ultimate Platform. Moreover, pricing of IQ option is extremely competitive compared to others.
Currently, they are offering 88 forex pairs with a very low spread which eventually saves a huge amount of money in the long run. The bank withdrawal process is also very simple since they all the process can easily be completed within their online portal. The bank withdrawal fee is 25 Euros with a minimum threshold amount of 2 Euros per withdrawal. However, they have charge 50 Euros to the accounts which are inactive for more than 90 days.
Options trading
IQ Option offers both Digital and binary options to their retail clients. However, due to impose restrictions, some traders will not be able to trade the binary options. However digital options trading is extremely popular among the new investors as the minimum investment amount is only $1.If you can speculate the price accurately, you can easily get a return up to 900%. The expiration time for digital option ranges from 60 second -5 minutes.
Binary Options trading is more likely for long-term investors as the expiration time ranges from 60 seconds to one month. The traders usually predict the price movement for a selected time frame and the return can go up to 90%. Unless you have extensive experience with fundamental analysis, it’s better to go for the digital option.
Stock trading
Stock trading is one of the most amazing features of IQ Option. You can easily speculate on the price movement of certain assets without owning the underlying asset. Many people make a huge amount of money by using the leverage offered by IQ Option. You can also invest money in the top gainers or select specific sectors to trade.
Exchange Traded Funds
Buy on margin, sell short and purchase as little as a single share is an excellent way to minimize the risk factors in the online investment business. Many people consider ETF as the best way to diversify the risk factors in the online trading industry.IQ Option offer the dynamic trading environment to participate in the ETF industry.
Return over investment
IQ Option is one of the leading option trading brokers with proper regulations. You can easily start trading digital or binary option with as little as $1.The payout is extremely high compared to other featured brokers in this industry. By speculation the price change you can easily earn up to 900% of your initial investment.
Easy accessibility and dynamic trading platform
When it comes to Forex trading, you can easily trade 88 currency pairs with one trading account. Most importantly you can also trade cryptocurrency and make a decent profit. The Ultimate trading platform of IQ Option is also integrated with news update and signal features. To be precise, you will be able to get free premium signals as their clients. The chart features of the trading platform are also very accurate and it helps the professional price action traders to execute a trade with an extreme level of accuracy.
Advanced technical tools
IQ Option is always working hard to ensure the best trading environment for their clients. The traders can view the price of a certain asset in candlestick, bar, line and area chart. Most importantly, you can customize your trading chart based on your preferred color. Tools like indicators and simple drawing tools also have an extreme level of precision. So if intend to trade a major trend line, you can easily do so by using the trend line tools. You can also set pending orders which will eventually save a huge amount of your time. In a nutshell, the developers of IQ option has done a brilliant job in crafting the Ultimate trading platform for the professional traders.
Those who are completely new to the trading industry should understand the risk factors of currency trading profession. Though you will have access to a high leverage trading account and advanced tools price speculation requires precise knowledge about this market. As a currency trader, you need to master three basic skills.
Without mastering these three major skills you can’t make a profit in the online trading world. Your technical skills will help you to spot the high-quality trade setups in your trading platform. Once you have your trade setup, you will have to analyze the fundamental data to see if things favor your technical analysis.
The third form of market analysis is the sentiment analysis and this something which you will develop over the period of time as experience. Once you blend this three major types of market analysis, you can easily develop your trading strategy by using demo accounts offered by IQ Option.
There are many different trading strategies which you can follow to become a successful trader. But today we will highlight on the price action trading system as it allows the traders to speculate the price change of a certain asset with an extreme level of precision.
So what is price action trading?
Price action trading is nothing but using the most reliable candlestick pattern at the key support and resistance level to execute high-quality trades. Those who trade the options market is most likely to trade in the lower time frame. In such case, you need to use multiple time frame analysis, to filter out the false trade setups. Now let’s learn a few amazing price action trading strategies to make a profit from this market.
The bullish and bearish pin bar
The pin bar trading strategy is a very useful strategy in the professional trading network. A pin bar is usually formed at the bottom or top of a certain trend. It usually refers, the market is most likely to change its direction.
So how does a pin bar look like?
A pin bar is a Japanese candlestick with a very small body and long tail (ideally the tail should be three times bigger than the body). When a pin bar is formed at a support level the price of certain assets tends to shot up. And when you spot the bearish pin bar, you can assume the price of a certain asset will go down.
100 and 200 SMA trading strategy
This trading strategy is mostly used by the advanced options traders.100 and 200 SMA (simple moving average) act as dynamic support and resistance level for a certain asset. The short time frame traders wait in the sideline to spot pin bar formation right at the 100 and 200 SMA in the 5 minute time. If you spot a bearish pin bar right at the 100 or 200 SMA, in the five-minute chart, you can assume the price will fall in the next five minutes. The pin bar formed at the 100 SMA shows price has rejected the SMA and it’s most likely to go down.
Similarly, if you spot a bullish pin bar right at the 100 or 200 SMA (dynamic support level) you can execute long orders. Though this trading system is extremely profitable yet you should never follow this system prior to the high impact news release. Always remember, support and resistance level is most likely to breach when a major news is announced. Even a long-term established trend can easily get changed due to a major news release.
This is the most important thing you need to learn as a trader. When you speculate, you can never be sure a certain trade will generate profit. Trading is just like dealing with the probability factors. As a retail trader, you need to make sure, no trades are being executed with high-risk exposure. Try to follow the simple 2% rule of money management and always try to trade in favor of the market trend. But even after doing all the calculations, you will have to lose trades. So learn to embrace managed loss and trade with high-risk reward ratio.
Binary options are prohibited in EEA
General Risk Warning: The financial products offered by the company 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