How does a reliable online trading platform for managing your financial assets look like? IQ Option turns out to be a good example of a loyal online broker that allows customers to trade different financial resources and instruments like Stocks, Forex, Binary Options, and Cryptocurrencies. Since 2013, IQ Option Ltd has been building their reputation in the industry by boasting over 20 million global account holders.
IQ Option's headquarters are located in Cyprus and administered by the Cyprus Securities and Exchange Commission (CySec). These bodies are totally compliant with the existing ordinances and fully authorized to merchandise products to customers in several jurisdictions.
IQ Option is a customer-oriented online broker that provides trading and provides users with a wide range of alternatives. Today, it has expanded its options to Contracts for Difference (CFDs) on stockers, Exchange Traded Funds (ETFs), Cryptocurrencies, Forex, and other online options.
- CFDs on Stocks — the platform enables the trade with more than 170 companies across the world, including the top-notch businesses established on the NYSE and NASDAQ.
- ETFs — Being one of the latest products, ETFs operate by keeping tabs on commodities, assets, and indices. Their way of trading is similar to stock trading. Thus, customers can choose from 4288 various ETFs.
- Cryptocurrencies — Customers are allowed to trade 12 cryptocurrencies that involve Litecoin, Bitcoin, Ethereum, Ripple, Zcash, IOTA, Dash, Omisego, and Monero.
- Forex —FX Trading is one of the most popular trading markets. So, IQ Option lets users access almost 190 currency trading pairs and trade them in a hassle-free way.
- Options — Users can adjust price points of various assets according to their needs and preferences. The general amount of available options has reached ten million.
Order Types and Stop Loss Tools
A trading platform like IQ Options usually provides a variety of order types for users to choose from. They allow users to develop trading strategies that are intended for short-term, medium-term and long-term purposes.
Multipliers orders are some of the popular order types that let you increase the return on investment and level of risk via a coefficient. This intermediate setting is suitable for users who are well-versed in trading.
Stop-loss orders enable the alteration of maximum losses that you feel interested in and boost the closing of the trade once that amount is hit.
Take profit orders are focused on reaching the desired profit margin by causing the trade once the amount is reached.
Trailing stop orders function similarly to the stop loss process where the auto-close function is used and the changes in price are set.
Pre-Order allows you to indicate the price at which you want to join the market. This price will automatically put you in once the price is hit.
Indicators for Trend Monitoring
IQ Options has a range of indicators to maintain the trends and better assess trades that may result in high profits for you. Considering 13 available indicators, all of them can be applied independently to encourage higher accuracy and boost insights. Some of these indicators include:
- Moving Averages (MAs) — they involve Weighted Moving Averages, Simple Moving Averages, Exponential Moving Averages, and Smooth Simple Moving Averages which allow you to monitor the different averages and identify existing trends for profit-maximizing trades.
- The Moving Average Convergence Divergence (MACD) — it contains the information about averages converge and diverge, allowing you to clearly visualize the ratio between two Exponential Moving Averages.
- The Parabolic SAR — Being similar to moving averages, its position changes depending on the price with higher acceleration.
- The Awesome Oscillator — It demonstrates a visualized ratio of two SMAs (Simple Moving Averages), both slow and fast. That way, you can help users see the progress and completion of new tendencies.
- Bollinger Bands — It demonstrates the dynamic connections on price fluctuations.
- Volume Indicators — It determines the changing quantities of chosen asset over a particular period that were bought and sold. That way, you can reveal the interest rates.
IQ Option offers a well-established mobile web trading solution in the form of the mobile application, giving users more flexibility in trading and spotting tendencies. The mobile app provides a smart visual interface with HD graphics and comprehensibility, making it customer-friendly, with most of the charting options found on the standard platform. The app is marked with the easiness of use on smartphones and tablets. Also, it is applicable to both Apple iOS and Android users.
IQoption India is a reliable online trading platform that allows both new and experienced traders to monitor the latest trends and manage financial assets to trade with businesses globally. With the original features and efficient tools that IQ Option offers, you can operate with your financial resources easily.