What are FX Options?
IQ option broker are thrilled to announce the launch of FX Options — a new instrument that combines the concept of options and Forex abilities, allowing users to trade currency pairs within short time frames. FX Options are currently available only in non-EU countries and will soon be released in Europe.
To see the new product in action please watch our video tutorial:
What sets FX Options apart from other products?
- Unlimited return for successful deals (depends on the asset’s price change)
- In case of an incorrect prediction, losses can amount to less than 100%
- FX Options won’t fall under ESMA restrictions once they become available for European traders
Features and benefits
- The instrument lets traders open a position with 1 or 5 minute expiration time and close it before it reaches maturity
- There are 14 currency pairs available for trading
- Losses cannot exceed the initial investment amount