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How to Trade binary Options on IQ Option

Your capital may be at risk. This material is not investment advice.
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Written by trading expert:Professional Day Trader
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Short resume:
  • Author of the book Options Trading for beginners
  • Worked in finance in 12 years
  • Got a MBA in Finance, BA, International Business Administration And Marketing
  • Built a solid record of achievements through constantly developing financial markets
  • Traded on the most frequently utilized stock exchanges: TSE, LSE,NASDAQ, NYSE, Euronex Actively managed a 6-9 million dollar portfolio
  • Developed new and innovative trading systems and implemented them during trading hours
Matthew O'Connor is the author on the bestseller Option Trading for Beginners
Option Trading for Beginners - Written by Matthew O'Connor

Compared to the traditional ways of trading in the global market, binary options trading is a very interesting and easy-to-use method of cryptocurrency trading. Although traders, especially the beginners face the threat of losing their investment, the rewards can be quite handsome if the art is learned properly.

In binary options trading, you must remember that you will be acting against your own broker because in case you lose money, your broker might get that amount. One such broker is IQ Option.

The work of the trader is only to predict the market direction and its price within the given time of expiry. If the prediction seems correct, the trader will be paid a fixed return. And if the trader fails to predict, he might lose his investment.

What is IQ Option?

IQ Option is a reputed broker on the binary options trading market. Started nearly three years ago, IQ Option is regarded as one of the best-known brokers in the binary options trading market. With a rise in the number of traders every day, IQ Option is the most favoured broker among traders.

Besides, if you are new to this art of trading, IQ Option will provide you with the right amount of tutorials on this type of trading.

Why choose IQ Option above all brokers?

No matter whether you are a beginner or an expert, when you start with IQ Option, the company will provide you all the essential trading guides so that the trader gets the best experience among other brokers available online. Also, when compared to other brokers, IQ Option lets its new customers start with a very minimal investment (investment as low as $10). It also makes its customers familiar with many banking methods, like net banking, credit/debit cards, e-wallets, etc.

By letting customers join and start binary options trading with a very minimal deposit, the traders will not run the risk of losing a huge amount of money in this method of trading.

How to trade in IQ Option?

The first step to binary options trading in IQ Option is to create a demo account. This is a favourable way for beginners to learn the risks and rewards of trading in IQ Option without facing the risk of losing money.

In a demo account, the IQ Option lets its users test run the various services by using virtual money instead of real. Without sparing a single cent, the demo version of IQ Option lets traders access its tools, types of binary option and the assets.

The interface is very easy to use and completing the entire registration process takes a few seconds only. It is as easy as logging into the IQ Option website, signing in with Facebook, Google or email address and starting to use the trading options.

IQ Option also has an affiliate service. You deliver the new customer to IQ Option and get a cut from it. It lets you earn through a commission.

To conclude, IQ Option is a very safe and easy-to-use broker. Go through its tutorials properly before starting off with real money.

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.
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