Iq Option features binary trading platform Forex Account
Which are major binary trading platforms available in India?
There are multiple platforms that offer binary trading in India including IQ Options, FX- Advisor & Olymp Trade. All these platforms have different advantages and offer different facilities to their consumers but the one that stands out and has become the showstopper is undoubtedly IQ Options binary trading.
IQ Option is a fully-featured trading platform that provides its users with a wide gamut of options to trade on. It has its uniquely designed trading platforms and an interactive range of instruments that give an edge to its customers over other traders.
The IQ Option software includes tools such as stop losses, and take profit levels – features not available at ‘standard’ binary operators. The ‘Position top-up’ feature ensures risk management to traders and gives them strategy choices to choose from.
This mechanism allows trades to be kept open beyond the stop loss. The platform is available as a web-based hub, keen traders can also download PC and Mac versions as well.There is also a mobile platform. All the platforms are reliable, but the PC download has the quickest trade execution times.
What are some unique IQ Option Features ?
The best part about IQ Options is that its demo account does not come with any time limit, so the users can easily adapt to the interface and can get accustomed to its features and trading strategies. It also gives virtual funds worth $10,000 for trading on demo accounts and the silver lining is that you can reset the account once you exhaust all the funds if in case you think you require more practice. IQ Option offers the traders a variety of order types and stop-loss tools to help minimize losses and maximize profits on Binary Options trades:-
Stop-Loss Orders– This feature automatically closes the trade when you have suffered the maximum that permissible loss limit that you had set.
Multiplier Orders– As the name suggests, this feature multiplies your profit. But if not utilized properly it can also expose you to more risk as well.
Take Profit Orders– This feature is the exact opposite of a stop-loss order which enables you to close a trade early, one the specified profit has been achieved on trade.
Pre-Order– This feature helps you, by notifying you to enter the market when an asset reaches the exact price that you had specified. Once the asset reaches that price, the trade will be executed automatically.
What are IQ Option’s withdrawal norms?
It also offers easy withdrawal. The minimum withdrawal amount for IQ Option is $2. In order to make a withdrawal request, you will need to use the same payment method as your deposit because the transaction is processed as a refund. Afterward, you can choose whichever payment method you want for withdrawals. Bank transfers may incur a small processing fee.
In order to withdraw funds from IQ Option, you will need to verify your identity, which can take up to 3 days and is necessary to prevent fraudulent activity and secures your account from unauthorised use. The software provides a speedy withdrawal facility by initiating the transaction within 1 business day.
Do the PC software and Mobile application have similar features?
The Mobile app offers similar features and allows the trader to order easily. It displays the chart on the home page and has an ability to adjust various parameters like an investment, leverage, and price and then select buy or sell. IQ Option is a full-featured platform that offers great value, despite being fairly new in the industry. It also works rigorously for customer satisfaction and provides various forms of customer support including email telephone and online chat.
It also offers toll-free customer care lines in the following countries- United Kingdom, Brazil, South Africa, India, Singapore, Thailand, Colombia, Australia,Mexico, Portugal, Spain, Argentina, and Chile. The binary trading market may not be for everyone, but if you have the skills, the smarts, and the bravery to put your money to work for you, the rewards might just be worth the risks.
