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IQ Option review

IQ Option is one of the leading online trading platforms. It allows you to trade a wide variety of popular financial instruments like binary options, stocks, forex, ETFs, commodities, and cryptocurrency.

IQ Option is one of the leading online trading platforms. It allows you to trade a wide variety of popular financial instruments like binary options, stocks, forex, ETFs, commodities, and cryptocurrency.

It is operated by IQ Options LTD and was founded recently in 2013, making it one of the youngest platforms in its category. Despite this, it is considered to be one of the most popular and fastest-growing trading platforms. It boasts of over 48 million registered users and over one million transactions per day. 

IQ Option is also based in Cyprus and regulated in the EU by the Cyprus Securities and Exchange Commission (CySec). It welcomes traders from over 213 countries excluding users from the United States, Japan, Israel, Turkey, Belgium, Russian Federation, Australia, Canada, Germany, Italy, Netherlands, Romania, and Spain.

What does IQ Option offer?

IQ Option is a fully-featured trading platform that provides its users with a wide gamut of options to trade on. After starting as a binary options broker, the platform offers Contracts for Difference (CFDs) on stocks, cryptocurrencies, Exchange Traded Funds (ETFs), forex, and a range of various digital options to invest.

Here is a quick list of assets that IQ Option offers:

  • CFD –CFDs on stocks from over 176 different companies listed on the NASDAQ and NYSE
  • ETFs – Even though it’s a relatively new product, customers can choose from approximately 4288 different ETFs
  • Forex – One of the most traded and popular trading assets. IQ Option provides access to around 188 popular currency trading pairs
  • Options – This allows users to speculate on the price of assets like currencies, stocks, indices, and commodities etc. IQ Option has access to over 10 million options
  • Cryptocurrencies –12 top cryptocurrencies which include Bitcoin, Ethereum, Litecoin, Ripple, Monero, Zcash, Omisego, IOTA, and Dash

IQ Option 1

(Image credit: Future)

Accounts

Traders are offered two different types of account to sign up with IQ Option. These are

Standard: Starts with a minimum deposit of $10. It offers access to more than 350 assess to trade on. 24 hours of withdrawal processing is also available with the basic account.  Customers outside the EU get access to different trading competitions that are held regularly on the platform 

VIP: It is available to traders with a deposit of $1900 or more within a 2-day period. This account comes with a host of benefits like a personal account manager, monthly reports, and an additional 3% in returns.  Unfortunately, VIP accounts are only available to traders who are located outside of the EEA

Demo account

For many traders, a demo trading account is an absolute necessity. This not only lets them understand how the platform work but they also get to experience various customization options and different reports. IQ Option also offers a demo account for starters. Unlike other platforms, the demo account here does not come with any time limit. Users can use and get accustomed to the platform for as long as they want, test new features and new trading strategies.

This demo account comes with $10,000 of virtual funds. You can reset the account to get more virtual funds in case you end up using them all.

The web platform offers all popular technical indicators such as moving averages, Bollinger Bands, MACD and RSI. New features are added to the platform every now and then. Very recently it added a feature called ‘position top-up’ that allows a trader to keep the trade open, in case it’s approaching stop loss.  Overall the web platform is well designed and offers quite a few details at a single glance.

IQ Option 2

(Image credit: Future)

IQ Option offers the traders a variety of order types and stop-loss tools to help minimize losses and maximize profits on Binary Option trades.  

  • Stop-Loss Orders
  • Multiplier Orders
  • Take Profit Orders
  • Pre-Order

The Mobile app offers similar features and allows the trader to order easily. It displays the chart in the home page and has an ability to adjust various parameters like an investment, leverage, and price and then select buy or sell. Users can also easily search for their favourite crypto-currencies and analyze all of the most relevant and up to date information.

IQ Option 3

(Image credit: Future)

Support

IQ Option’s customer support is also impressive. The company offers a toll-free helpline number for following countries:  United Kingdom, Brazil, South Africa, India, Singapore, Thailand, Colombia, Australia, Mexico, Portugal, Spain, Argentina, and Chile. The company promises 24/7 Customer Support Service.

Apart from calls, traders can chat or even send an email to the team in case of any doubts or support required.

Final Verdict

IQ Option is a full-featured platform that offers great value, despite being fairly new in the industry. With a presence in over 200 countries it is one of the most reputable brands in the trading industry.

However, the lack of the industry-standard MT4 platform may be a negative for some of the more experienced traders out there.

Click here to sign up for IQ Option

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RoboForex adding EOS Cryptocurrency

RoboForex adding EOS Cryptocurrency

RoboForex announced today adding EOS, a cryptocurrency which is now available for trading with the broker on both MT4 and MT5 platforms.

Roboforex added EOS CryptocurrencyCurrently, RoboForex clients have 7 crypto instruments to choose from.

RoboForex keeps expanding its crypto portfolio.

The latest addition is EOSUSD, which is already available to the clients through MT4 and MT5, alongside with six other crypto pairs:

BTCUSD, ETHUSD, BCHUSD, DSHUSD, LTCUSD, and XRPUSD.

The EOSUSD trading conditions are the following:

  • minimum lot size: 100,
  • minimum increment: 0.01,
  • leverage 5:1.

EOS is a cryptocurrency that was introduced in 2017 and is based on blockchain and smart contracts. Its key features are scalability, decentralized apps, and huge throughput (a few million transaction per second).

This is another step towards developing our crypto portfolio.

Our clients do value the flexibility and state of the art technologies we offer them As for us, our mission is meeting their expectations and constantly improving the trading conditions by opening the door to new instruments and opportunities.

says Denis Golomedov, ;Marketing Director at RoboForex.

Roboforex and Cryptocurrency

This Broker has been on the forefront of crypto trading on the Metatrader 4 and Metatrader trading platforms from the beginning and pushing for more and more trad-able assets to be added to their offering .

it took this broker a little bit of time but now that they got them selves into the cryptocurrency trading arena they come to lead the pack. this in combination with their the trading platforms they are offering makes this a broker to take notice of.

as yet there are not enough brokers that offer metatrader 5 and especially one where you are able to trade bitcoin ethereum, litecoin and now also EOS.

About RoboForex

RoboForex is a brokerage company catering to clients from various countries. The broker’s focus is providing the traders with access to its own financial market platforms.

RoboForex Ltd is a licensed company (License No. IFSC/60/271/TS/17).

 

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Local bitcoin Trader Jailed for Money Laundering

Indicted: Local bitcoin Trader Jailed for Money Laundering

Local Bitcoin trader, Theresa Lynn Tetley, also widely known as Bitcoin Maven has been indicted for indulging in illegal bitcoin-for-cash transactions. According to the Central District of California, the LocalBitcoins.com trader has been sentenced to 12 months in prison.

She has also been handed a three-year supervised release and a $20,000 fine. A former real estate investor and stockbroker, the court ordered her to relinquish $292,264.00 in cash, 25 assorted gold bars, and 40 bitcoin.

money launderingTetley pled guilty to one count of operating an unlicensed money exchange business, and another related to money laundering. Her case is the first of its kind in the Central District of California.

Tetley was procedurally supposed to register her business with the Financial Crimes Enforcement Network, an agency of the United States Department of the Treasury.

The agency is responsible for analyzing transactions to curb money laundering and related financial crimes. She also failed to implement standard anti-money laundering protocol, including reporting of certain financial sources as per the requirements of this type of business.

Tetley is said to have traded over $6 million for clients within the United States and charged higher rates as compared to other traders within the LocalBitcoins platform.

Also noted in the court documents was that Theresa Lynn laundered bitcoin for a customer who had been suspected of having acquired the cryptocurrency through illegal activities, including drug sales on the dark web.

She also carried out a bitcoin to cash transaction for an undercover agent who had explicitly declared that his bitcoin was tied to narco-trafficking operations.

According to the report, Tetley’s service was responsible for fueling the growing use of cryptocurrencies to launder money and supported a black market system set up purposely to circumvent the law.

The organizations involved in her investigation included the IRS Criminal Investigation and the Drug Enforcement Administration.

Just One of Many

That said, the government has been committing significant resources to counter the crypto – dark web menace, and earlier this month, a major sting operation was carried out against a major money laundering network. Thirty-five suspects were arrested.

One individual, identified as John Edward Monette, was charged with Conspiracy to Distribute a Controlled Substance. He was also alleged to have carried out numerous bitcoin for cash exchange transactions on the dark web, most of them in 2017 and totaling about $19,000.

Another dark web vendor busted during the operation, Ryan Farace, 34 was indicted for being involved in an alprazolam tablets manufacture and distribution scheme.

He sold the drugs on the dark web, with all transactions being made in bitcoin. Additional digital currency money laundering transactions were made to conceal the sources.

Article Originally Published:

By ELIZABETH GAIL at Coincentral

 

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Why You Need to Get Onboard With Blockchain!

Why You Need to Get Onboard With Blockchain!

Blockchain tech – so revolutionary in nature that some are calling it the “new internet.” It has applications in just about every industry, and has completely altered the way we think about internet security, the processing of information, and the speed of transactions.

Blockchain is the technology that supports the digital currency  or cryptocurrency called Bitcoin –

however this is not what it is really about as it has a far wider scope of applications and is being commercialized in a growing number of areas.

It has generated much interest in technology circles and beyond, because of the new possibilities it opens up in financial services, the public sector and other areas.

According to sites like BitFortune.net, blockchain tech is definitely worth keeping an eye on due to the myriad of benefits it provides.

Blockchain and Bitcoin are not the same thing – Bitcoin is implemented using blockchain technology, but blockchain technology can be used in contexts much wider than Bitcoin or other cryptocurrencies. so when we are talking about the blockchain we are talking about a combination of a number of technologies, these including:

  • Distributed ledgers.
  • The blockchain data structure.
  • Public key cryptography.
  • Consensus mechanisms.

Part of what makes it so exciting is that it is completely open source. As a result, there are already a number of interesting blockchain apps, and the number is growing daily.

The technology is so secure that it is already being used by DARPA to secure military data. Various governments around the world are working on ways to use the tech to protect their own data.
The tech is tamper-proof, and the data stored within it is permanent. It cannot be erased or altered, and this is what makes it so enticing to those needing more secure networks.

But there is more, folks. (Okay, so that sounds a bit like an infomercial, but the benefits are real nonetheless.) Transactions can speed across the network – taking only as much time as it takes for them to be authorized.

The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.

William Mougayar

The system runs without the need for an intermediary, and this reduces the time it takes to execute transactions. This, and the unique way that the tech works, means that costs are significantly reduced as well.

What makes it so revolutionary is that the information is spread across every computer within the network. With Bitcoin, that means the data is securely “backed up” over thousands of computers.

Now, it is unlikely that banks will entrust their data to a public network in the same way, but they have been working on creating networks of their own instead.

The potential savings in terms of cost and time are extensive. If you want to learn more about these savings, check out the infographic below.

 

Why You Need to Get Onboard With Blockchain!


Why You Need to Get Onboard With Blockchain!


Visit bitfortune.net . for more interesting Infographics

Guys did an amazing job and was allowed to share.


 

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