IQ Option added Forex and CFD instruments
IQ Option started as a broker that offered only trading High/Low options, 5 months ago it added also the possibility to trade classic stock options and now you can find here also digital options, forex and CFD. We can use following Forex leverage at IQ Option : x1, x25, x50, x300. Leverage is on the platform called as a multiplier (but it is the same). The broker includes in its offer major currency pairs, minor and exotic pairs aren’t here yet. Concerning CFD, IQ Option offers these crypto currencies: Bitcoin, Dash, Ethereum, IOTA, Litecoin, Ripple. CFD crypto traders can not currently use any leverage, but since it is a super volatile market, I don’t think it is even necessary. Whether the broker plans add more Forex/CFD products is for now hidden from us.
How to trade Forex at IQ Option
Now, let us clear things up by giving you an example:
- Investor A used a leverage of 1:2 meaning that each dollar invested would act as if it was 2. ($50.000 x 2 = $100.000)
- Investor B used a leverage of 1:20 ($5.000 x 20 = $100.000)
You might be wondering whether you can wind up owing a large sum of money to IQ Option, as the position you opened takes a wrong direction? You might also be scared of losing your funds in hidden fees and poor exchange rates, aren’t you?
- Indeed, Forex trading can be very risky and volatile. But the good news is that with IQ Option you cannot lose more than the amount of your initial investment. That is by far the biggest advantage of IQ Option over other Forex brokers.
- By the way, if you are planning to start trading Forex with IQ Option, you may also want to take advantage of the free reloadable $10,000 Demo account that we offer. With the Demo account, you can trade with virtual money for free and get a better idea of the trading as well as the platform and services.
Trading Times
You can trade currencies 24 hours a day, 5 days a week, from Monday at 0:00 GMT until Friday at 21:00 (when U.S. markets close).
Main Benefits of trading Forex with IQ Option:
- Never lose more than what you’ve invested in one position
- Unlimited profit
- Real-time forex news and analysis at the highest level while making it accessible for less-experienced traders
- Trading on the most liquid markets in the world
- Top currency pairs
- 24 hours a day, 5 days a week
- Free reloadable $10,000 Practice account
- 1:300 leverage available
- Tight spreads, no commissions
Find the official video below :
*Leverage restrictions may apply depending on client’s circumstances and/or jurisdiction.
