Connect with us

news

What is IQ option?

On one single trading platform of IQ Option, you can choose forex CFDs, stock CFDs, commodity CFDs, cryptocurrency CFDs, digital options, and binary options. Founded in 2013 as an options broker, IQ Option has grown massively with more than 40 million members at present.

@media screen and (min-width: 1201px) {
.hucqa5f372d1d434f1 {
display: none;
}
}
@media screen and (min-width: 993px) and (max-width: 1200px) {
.hucqa5f372d1d434f1 {
display: none;
}
}
@media screen and (min-width: 769px) and (max-width: 992px) {
.hucqa5f372d1d434f1 {
display: block;
}
}
@media screen and (min-width: 768px) and (max-width: 768px) {
.hucqa5f372d1d434f1 {
display: block;
}
}
@media screen and (max-width: 767px) {
.hucqa5f372d1d434f1 {
display: block;
}
}

IQ Option is a broker that offers various tradable assets and different asset classes to its clients to choose from.

On one single trading platform of IQ Option, you can choose forex CFDs, stock CFDs, commodity CFDs, cryptocurrency CFDs, digital options, and binary options. Founded in 2013 as an options broker, IQ Option has grown massively with more than 40 million members at present.

Features of IQ Option Platform

  • Analysis and Alerts: With the news feed and economic calendars on the platform, traders can get the most out of the technical and fundamental analysis. The platform has more than a hundred most-used technical indicators and widgets like the Moving Averages, Billinger Bands, Alligator, RSI, MACD, Parabolic SAR, Stochastic Oscillator, Awesome Oscillator and more. Traders can always stay up-to-date to the financial market conditions with the customizable price alerts on IQ Option.
  • Risk Management: Traders on IQ Option can manage their profits and losses at the levels predetermined by them with features such as Stop Loss / Take Profit, Trailing Stop, and Negative balance protection.
  • Trading Community: By trading though IQ Option, traders can join the huge IQ community. Here, they can follow other traders and discuss trading ideas and opportunities with features like Community Live Deals and Traders’ Sentiment.

Options Trading on IQ Option

IQ Option offers a powerful toolkit to traders for their intraday and global endeavours. Traders can choose the type of option that is most suitable to their trading style and profitability expectations.

  • Digital Options: Digital Options is a trading instrument that enables traders to predict on the extent of the price change instead of just speculating on the general price direction. When the price of the underlying asset is close to reaching the threshold chosen by the trader known as the ‘strike price’, the payout can go as high as 900%. However, if the trade is unsuccessful, it will result in a loss of the investment. Another significant feature of digital options is it predetermined expiration time which works in 5-minute intervals. On IQ Option, the minimum investment for digital options trading is $1 with $0 brokerage fee. The expiration time can be from 60 seconds to 15 minutes.
  • Binary Options: Binary Options is a trading instrument that provides a guaranteed return if the traders can predict an asset’s price direction correctly within a selected timeframe. The in-the-money binary options provide up to 95% of profit, while unsuccessful ones result in the loss of the investment. With binary options, a trader can speculate on the price movements of several currency pairs, commodities, stocks, and indices. Like digital options, the minimum investment for binary options in IQ Option is $1, and the brokerage fee is $0. The expiration time can be from 60 seconds to the end of the month.

Assets and Instruments on IQ Option

Traders can trade several assets on IQ Option, including –

.rfstb5f372d1d42ee9 {
center
}
@media screen and (min-width: 1201px) {
.rfstb5f372d1d42ee9 {
display: block;
}
}
@media screen and (min-width: 993px) and (max-width: 1200px) {
.rfstb5f372d1d42ee9 {
display: block;
}
}
@media screen and (min-width: 769px) and (max-width: 992px) {
.rfstb5f372d1d42ee9 {
display: block;
}
}
@media screen and (min-width: 768px) and (max-width: 768px) {
.rfstb5f372d1d42ee9 {
display: none;
}
}
@media screen and (max-width: 767px) {
.rfstb5f372d1d42ee9 {
display: none;
}
}

  • Options: Traders can choose from 54 options on IQ Option. They are Tesla, Alibaba, Apple, Microsoft, Amazon, Google, Intel, USD/BRL, Baidu, EUR/USD, EUR/JPY, EUR/GBP, USD/RUB, AUD/USD, CAD/JPY, AUD/JPY, Coca Cola, USD/TRY, EUR/NZD, NZD/USD, Facebook, Yandex, EUR/AUD, AUD/NZD, GBP/USD, EUR/CAD, GBP/JPY, USD/INR, USD/HKD, Snapchat, McDonald’s, AUD/CAD, Twitter Inc., USD/JPY, CAD/CHF, USD/ZAR, USD/SGD, GBP/NZD, AUD/CHF, GBP/AUD, GBP/CAD, Nike, USD/CAD, GBP/CHF, Morgan Stanley, USD/SEK, USD/CHF, Gold, USD/NOK, USD/PLN, Goldman Sachs, JP Morgan Chase, CitiGroup, and AIG.
  • Forex: There are 48 forex pairs on IQ Option for traders to choose, they are USD/TRY, CAD/JPY, SEK/JPY, USD/JPY, CHF/JPY, EUR/NZD, EUR/JPY, AUD/NZD, AUD/JPY, USD/RUB, CAD/CHF, EUR/GBP, GBP/JPY, CAD/PLN, USD/CZK, USD/CHF, USD/DKK, EUR/AUD, EUR/DKK, CHF/SGD, CHF/SGD, EUR/DKK, EUR/SGD, USD/CNH, USD/PLN, EUR/USD, USD/HUF, USD/THB, AUD/CHF, AUD/SGD. USD/SEK, AUD/USD, EUR/HUF, USD/CAD, EUR/SEK, EUR/CAD, CBP/CHF, EUR/ZAR, AUD, SEK, GBP/USD, GBP/USD, GBP/ILS, USD/NOK, NZD/CHF, NZD/SGD, GBP/CAD, NZD/USD, and NZD/CAD.
  • Stocks: There are 185 stocks on IQ Option to choose from, including Marks & Spencer, First Solar, Darden Restaurants, Flowserve, Federal Realty, Emerson Electric, Continental, ConocoPhillips, Delta Air Lines, Truist Financial Corp., Standard Chartered, easyJet, Discover Financial Services, Adidas, Raytheon, Fifth Third Bank, Airbus SE, Dover, T-Mobile Us, Inc, HSBC Holdings PLC and many more.
  • Crypto: the 27 cryptos on IQ Option for traders to choose from are Cosmosx20, IOTAx20, Ontologyx20, Neox20, OmiseGo, TRONx50, TRON, Qtum, EOS, EOSX20, Bitcoinx100, Bitcoin, Ethereumx50, Ethereum, Bitcoin Cash, Bitcoin Cashx20, Dash, Cardanox20, Ethereum Classic, Stellarx20, Ripple, Ripplex20, Binance Coinx50, Litecoinx20, Litecoin, Bitcoin SVx50, and ZCash.
  • Commodities: IQ Option offers 4 commodities to its clients. They are Crude Oil WTI, Crude Oil Brent, Gold, and Silver.
  • ETFs: There are 24 ETFs you can choose from to trade on IQ Option. They are S&P Oil & Gas Explor & Product, MSCI Japan ETF, Energy SPDR, Consumer Discretionary SPDR, Dow Jones Industrial Average ETF, iShares Russell 2000 ETF, MSCI Mexico ETF, Utilities SPDR, S&P 500 ETF, Materials Select Sector SPDR, US Real Estate ETF, Semiconductor ETF, S&P Metals & Mining ETF, China Large-Cap ETF, QQQ Trust Series 1, Technology SPDR, MSCI Emerging Markets, Core MSCI Emerging Markets, UltraShort QQQ, UltraPro Short QQQ, 20+ Year Treasury Bond ETF, UltraShort S&P500, ETFMG Alternative Harvest, and Gold Miners ETF.

How to Start Trading on IQ Option

You can start trading on this platform with these three steps –

  • Register: First, you need to open an account. You can open a demo account for free within a few minutes.
  • Practice: With the help of the educational content, master your trading skills through practise on the demo account.
  • Deposit a Trade: You can trade over 250 instruments on IQ Option with a minimum deposit of $10.

Demo Account on IQ Option

The fully functional demo account of IQ Option offers all features like a live account. Traders can switch between the demo and live accounts easily. Traders without live accounts can use the demo account. Another great feature of IQ Option demo account is that traders can top up the balance of the account to its original value at any time they want.

You can find more info about IQ Option on www.iqoptionmag.com/

.uquaz5f372d1d431ab {
center; margin: 5px; padding: 0px;
}
@media screen and (min-width: 1201px) {
.uquaz5f372d1d431ab {
display: block;
}
}
@media screen and (min-width: 993px) and (max-width: 1200px) {
.uquaz5f372d1d431ab {
display: block;
}
}
@media screen and (min-width: 769px) and (max-width: 992px) {
.uquaz5f372d1d431ab {
display: none;
}
}
@media screen and (min-width: 768px) and (max-width: 768px) {
.uquaz5f372d1d431ab {
display: none;
}
}
@media screen and (max-width: 767px) {
.uquaz5f372d1d431ab {
display: none;
}
}

Continue Reading
Advertisement

news

Neteller Launches Cryptocurrency Exchange Service

Neteller Launches Cryptocurrency Exchange Service

Neteller  one of the most known Digital fiat currency wallet provider , has started allowing its users to buy, sell, and hold cryptocurrencies including BTC, BCH, ETH, ETC, and LTC.

They do this on the large scale with a pilot in 10 countries and soon another 50 countries to join . They understand that if you do this effort it will only succeed if you can do this on a global scale.

Neteller and Cryptocurrencies

Neteller is a service which is operated by Paysafe Financial Services Ltd.,

paysafe

paysafe

founded in 1999, Paysafe Financial Services entered the market with the mission to provide an online alternative to the known traditional payment methods.

Most of the traders aiming us now neteller as one of the companies through which we made our deposits and if we had any profits also our withdrawals. A couple of years ago they left the Forex and Binary industry behind since the charge-back issue became just too expensive.

But as any companies knows, if you do not adept you die. The binary option market is all but dead and the Forex industry has moved also into the directions of the cryptocurrencies. thus, neteller understands that this is where the future is.

So Lasts week they announced that they are now offering a wallet with buy and sell cryptocurrency options.

As of today, Neteller users can buy, hold and sell cryptocurrencies via a recognized cryptocurrency exchange including bitcoin, bitcoin cash, ethereum, ethereum classic and litecoin, purchased using any one of 28 fiat currencies available in the Neteller wallet.

It may not seem so exciting but for many users that love this service it actually is. More and more currencies will be added making them an true exchange in the near future.

Now one is able to fund their neteller account through many different means (Mobile, Epay, Paysafecard, local bank deposits, and bitcoin)

We think that will make the threshold for many people, who would want to buy or sell cryptocurrencies, lower. This in return is a good thing for the overall acceptance of the cryptocurrencies in the mainstream of every day life.

Conditions for buying and selling cryptocurrencies through Neteller

The rates offered are somewhat in the lower middle of the current market making them go for the save route. The average market rates on the major cryptocurrency exchanges differ all in all not that much anyways, as this is not the main reason to choose to buy Bitcoin through Neteller

The minimum cryptocurrency purchase or sale amount is “approximately equal to 10 EUR,” the firm clarified, adding that the maximum amount depends on the transaction limits associated with each account.

When You open an account with Neteller you have to choose your default currency. This is of course for most people in accordance on their geographical locations, people in Britain will go for the pound most Europeans go for the euro and pretty much the rest of the work goes for the US Dollar, thou other currencies are available

The fee is 1.5 percent for purchasing and selling cryptocurrencies from wallets with EUR or USD as the default currency.

The fee rises to 3 percent for wallets with other default currencies.

Neteller  | Why is this a good move for neteller and one that we should expect from other online Payment providers as well ?

At this moment till last week Neteller users can pay, get paid on thousands of sites, and send money around the world through their system.

The company claims to have “millions of point-of-sale, ATM and online locations” for users to withdraw or spend their cash.

Last July 25, Paysafe ( which as you remember is the company that owns Neteller and Skrill)  announced that another digital wallet provider in its group, Skrill ( formerly known as moneybookers), started allowing customers to “instantly buy and sell cryptocurrencies, including bitcoin, bitcoin cash, ether and litecoin, using any one of the 40+ fiat currencies available in the Skrill wallet.”

We could now see that this was like their test run on this concept.

We do not know the numbers that Skrill produced since they offered this service but it must have been encouraging enough for Paysafe to include their flagship brand in this endevour.

We will see where this leads but we are hopeful that this is the next step in global acceptance to the cryptocurrency revolution. Let me know what you think

Continue Reading

news

The basics of trading that one should know

The basics of trading that one should know

Things you should be aware of before you start

The currency trading industry and now also the cryptocurrency trading industry have gone through enormous volatile times the last couple of years. Now with trump and its trade wars. The fast rise and somewhat recline of the cryptocurrencies and the fast pace of international politics and economies that create high rises and steep fall of the currencies.

So what does it all mean and what can you do before start to trade on these news headlines.

Good brokers like LegacyFX and UBCFX provide the traders with the latest market news and updates on a continuous basis but if you are new to trading you still have no idea what to do with this.

You start by understanding that the involves a high degree of risk, including the risk of losing you hard earned money. Besides the ones that were lucky enough to have bought Bitcoin a couple of years back and cashed in in the end of 2017, most people don’t get rich overnight.

You have to understand that you only trade with money that you are able to lose, going hungry because you want to open a trade is not the right wy to go about it.

So, What is Forex?

You should by now understand that the value of currencies goes up and down every day.

This in general becomes apparent the moment you go on vacation and what you bought last year with your money now is not the same amount you get today at the exchange.

This is on a large scale, what a lot of people do not know is that there is a foreign exchange market – or ‘Forex’ for short – or “FX” for even shorter, where you can potentially make a profit from the movement of these currencies.

The most known Trader is George Soros who made a billion dollars in a day by trading currencies. This is of course on a scale that we are not able to reach and you need a huge amount of money to begin with. Still he made a billion in one day!!

The internet has played a huge part in making trading in currencies accessible for the masses. You also do not need huge amounts of money to actually do this. Now keep in mind that if you make 10% profit on your investment but the investment was just $50 you basically just end up with $55. still no bank will give you 10% interest on your money.

Many people and I am talking millions are now trading every day, most do this on the side and don’t do this as a full-time job, but there are today enough people that are full time traders and making enough money to live comfortably.

Retail forex market needed Brokers

The Forex market for the retail market was born, it started around 15 years ago to become more serious as technologies advanced and the stream of information became almost instant, this is important for trading as one second can make the difference between profit or loss.

So, the moment the technology was there the people that wanted to trade were there all that was needed were the Forex brokers that offered the platform for trading.

There are latterly hundreds of companies of not thousands that offer this service and there are good ones like LegacyFX and there are scams (these tend to not last long)

Forex explained in short

The Forex market is the largest financial market on the planet and has been for many years now.

Its average daily trading volume is more than $4 trillion. (just let that number sink in for a second). Of this total amount around 5% is the retail market meaning traders like you and me. Still 5% of 4 Trillion is still a number with a lot of zeros behind it.

If you compare that with the New York Stock Exchange, which only has an average daily trading volume of $55 billion. You truly see the size.

To give you another example:

if you were to put ALL of the world’s equity and futures markets together, their combined trading volume would still only equal a 25% of the daily Forex market. Insane right?

Why does this even matter?

It matters because there are so many buyers and sellers that transaction prices are kept low. To explain how trading the Forex market is different than trading stocks, here are a few major benefits.

  1. Most Brokers don’t charge commissions – you pay only the bid/ask spreads.
  2. There’s 24hour trading – you decide when to trade and how to trade.
  3. You can focus on your currencies and become experts in only those pairs that you follow instead of following and selecting out of 5000 stocks
  4. You can trade on leverage, (something to be very aware of as it can magnify potential gains but also your losses).
  5. Forex is accessible for almost everyone– you don’t need a lot of money to get started
  6. In the Forex market you can trade on Demo accounts to learn before you commit your money

How is Forex traded?

The mechanics of a trade are virtually identical to those in other markets. The only difference is that you’re buying one currency and selling another at the same time.

This is also the reason as to why the currencies are quoted in pairs, like EUR/USD or USD/GBP.

The exchange rate represents the purchase price between the two currencies.

Example:

The EUR/GBP rate represents the number of GBP one EUR can buy (relevant now with all the Brexit issues going on) . If you think the Euro will increase in value against the British Pound, you buy Euros with British Pounds. If the exchange rate rises, you sell the Euros back, and you cash in your profit.

Now the same works for strading Bitcoin, ethereum, Litecoin or other cryptocurrencies. this has become an entire new market and has introduced many people to Forex . you should here be also aware that trading cryptocurrencies is like regular trading so you will be able to lose great sums of money.

the Best thing i found about trading cryptocurrencies is that the Leverage by default tends to be very low which makes the risk of losing it all much smaller.

Sounds simply enough?

Why does not everyone Trade.

The same could be asked as to why not everyone plays poker, you can make money. The comparison between the 2 is actually closer than you might think.

All traders that are successful will tell you that 80% of successful trading is psychology and the other 20% is research. It takes time to get the research down, but it can take a lifetime to master the psychology.

People tend to do things differently when real money is on the line and are accepting losses in the hope that the trend will reverse or taking out profit too early because they don’t want to lose what they just have gained. In short, the psychology is the hard part.

One should be aware that you can loose real money and a lot of it very fast if you don’t know what you are doing.

Now most Good Forex brokers offer some educational tools, some more than others that will teach you how to trade. There is also something that is called social trading that will allow you to follow other traders and see what they are doing in order for you to learn and make money at the same time.

So here are some ground rules for those that look to start trading

  1. Get involved in the market, watch read and listen to the news to understand what is happening
  2. Go through a trading course ( a good one is here)
  3. Open a demo account and trade at least a month (my advice to do this even longer)only on this before you even think about trading with real money.
  4. Check out social trading, there are some options for this, this broker offers this also.
  5. Try with an amount that you are able to afford losing. See this as your tuition money.
  6. Take it slow, don’t become greedy and follow the basic rules

Basic Rules (there are many more but start with these)

  1. The trend is your friend
  2. Don’t add money to a losing position
  3. Don’t trade on too many different currency pairs
  4. Trade only with a good broker
  5. Don’t open to many positions (no one needs 100 positions a day)
  6. Develop your strategy and stick to it.
  7. Know that NO ONE is 100% of the times right, everyone loses some.
  8. Last but not least, don’t trade with money you cannot afford to lose.

Now all that I want to say is good luck.  😊

 

Continue Reading

news

Wanted Cryptography Experts in China

 Wanted Cryptography Experts in China

The sooner we get to the official launch of China Digital Money. the more Cryptography Experts are needed.

it almost is surreal as they pushed against this from the beginning but now S China digital money may soon be a reality.

The Bank of China (PBOC) is hiring cryptography experts by the masses as reported by the South China Morning Post (SCMP)

this is the latest in the Chinese efforts to have a state controlled cryptocurrency for its own means.

The institution is one which worries a lot about the effect of investor activity in the cryptocurrency market. this in great contrasted to the directive issues in 2014 by the PBOC  that Bans any activity related to the cryptocurrency market.

Yet the Central bank of china started to build their own work force for building and developing their crypto in 2017.

something like if you can beat them , copy them.

in 2017 the Yicai Global reported that this targeted workforce would work from central Beijing as was to be names the  digital currency research institute

This research institute would primarily focus on the latest in digital currency technologies and all the different applications that would benefit from cryptocurrencies.

the former deputy director of the PBOC’s science department, Mr Yao Qiann would be in charge of the overall project

since then they are expending with opening a new research institute expanded in Nanjing . the idea for this center is to create more interest n the technologies and its possible applications.

the pilot programs are to be implemented by state controlled banks and academic institutions which should result in blockchain hubs that would attract new developing talent and additional capital to further develop the cryptocurrencies.

“Beijing’s ideal digital currency must ensure the smooth running of monetary and financial stability policies and at the same time protect consumers.”

Apparently, the ultimate goal for the Digital Currency Research Institute (DCRI) was to clear the path for a national cryptocurrency. Reports indicate that the fintech hubs will serve a purpose higher than initially believed. Reportedly, the hubs will serve as testing ground for China digital money. Here, the currency will undergo tests from prototype phase to future mass production.

and thus we get to the point that they are looking aggressively for new talent in the cryptographers and computer scientists sectors. now that more and more student have said good bey to the united states in the last couple of months after feeling they were less welcome this drive for finding new employment has only intensified and is answered by the large amount of brilliant young people coming back to live in chine after their education abroad.

The salaries are even higher then what they would have earned if they would stayed in the US and gone of to work in some of the companies in the Silicon Valley.

So we could expect that China is now also looking to become a world player in this industry as they have become the leaders in so many other fields.

 

 

Continue Reading

Trending