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List of Forex Assets to Trade 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

Forex trading is usually recommended for traders with little or no experience. It involves trading fiat currencies and capitalising on the price fluctuations and market changes. A great way to trade forex is to open an account with IQ Option to benefit from the forex assets available on their platform. It offers a lot of different trading options.

IQ Option offers trading options for most of the popularly traded currency pairs. Some such currency pairs are listed below along with the full names for the currencies

 

EUR CAD Euro Canadian Dollar
EUR NZD Euro New Zealand Dollar
GBP CAD British Pound Canadian Dollar
USD ZAR US Dollar South African Rand
AUD CAD Australian Dollar Canadian Dollar
USD CAD US Dollar Canadian Dollar
EUR USD Euro US Dollar
EUR AUD Euro Australian Dollar
EUR GBP Euro British Pound
GBP USD British Pound US Dollar
AUD USD Australian Dollar US Dollar
USD SEK US Dollar Swedish Krona
GBP AUD British Pound Australian Dollar
USD INR US Dollar Indian Rupee
EUR JPY Euro Japanese Yen
USD RUB US Dollar US Dollar
USD TRY US Dollar US Dollar
GBP CHF British Pound British Pound
GBP JPY British Pound British Pound
AUD JPY Australian Dollar Japanese Yen

 

When you made a deposit, the currency is added to your account. You can use this to buy any other currency, and then use that one to buy more other currencies which can give you more experience as you trade with multiple pairs of currencies.

The trading window displays all the information you need for trading. The chart displays the price history and immediate price movements. You can select the intervals for history. You can select the amount you want to trade and then press buy or sell buttons on the left panel.

You also have the option for margin trading, which is trading with borrowed money. This allows you to increase your trade value and also your profits. Do note that it also increases the risk of loss. You will need some leverage amount for margin trading. Some margin trading options limit the loss to the leverage whereas with some others you can actually lose more than you put in.

Another trading method involving forex offered by IQ Option is digital options. You can go to the Options section and then select the desired forex pair. The price history will be clearly displayed on the chart. The current exchange rate is displayed on the right. You need to predict whether the exchange rate will rise or fall. You can collect profits if your prediction is right. Do note that this has significantly higher risks than purchasing currency directly since you risk losing all your investment at once.

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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