IQ Option online trading

In this review, we’ll take a look at one of the most popular online trading brokers out there: IQ Option.

First introduced in 2013, IQ Option has earned a reputation for excellence in the trading marketplace. You can tell because their pool of users continues to grow, and a number of investors have mentioned that they were interested in IQ Options.

Plus, IQ Option has a surprising amount of positive reviews from those who have traded with them, even considering the fluctuating binary options marketplace.

But to someone thinking about switching to IQ Option or getting into online trading for the first time, what they really need to know is whether or not IQ Option works. In this review, we will explore IQ Option in depth, and find out just why so many people prefer to use it for their binary options, forex/cfd and cryptocurrency trading.

How Does IQ Option Work On Mobile Devices?

IQ Option has done a pretty good job at keeping up with the newest technology. In fact, they have created some technologies that have advanced the entire online trading industry. The software that traders use at IQ Option is one example. It has a number of useful features that make it stand out among the rest, and offers features that make the platform very user friendly.

What this basically breaks down to is allowing traders to analyze the market better, which leads to better trading decisions and more money.

But what about using IQ Option on mobile devices? Many traders are busy, on the go, and they just don’t have access to a laptop throughout the day. Luckily, that is one of the many things that IQ Option excels at. Their mobile app is regarded as one of the best in the entire industry. In fact, many traders use the mobile app exclusively because it offers everything that the desktop software does.

The popularity of the IQ Option mobile app is probably because of how easy it is to use it. The user-friendly interface is one of the best features about the mobile app, especially when compared to other options trading apps.

Most of the time, mobile apps require a lot from the trader. They need to have knowledge of the platform, forex trading in general and understand the language of trading. But that’s not the case with IQ Option.

You don’t have to know anything about trading to use IQ Option, and you definitely don’t need to be an expert in all of the technical aspects of it. This is a powerful app that uses clear language to make it easy to do Forex/CFD, Binary options or Cryptocurrency trading.

Another thing that makes this app great is the number of features it has. While most trading platform apps would be unwieldly and impossible to use with this many features, this app is still simple and user friendly.

Here are a few of the features:

  • Fully analyze current asset prices
  • Generate better signals
  • Make more accurate predictions
  • Make trades quickly and easily
  • Get short version data or incredibly detailed graphs

The modern interface is appealing and the app loads incredibly fast. When it comes to how the app looks and functions, it is actually very similar to many sports betting apps, if you have ever used one of these types of apps.

In sports betting, making the most accurate prediction possible is the key to success, and the same is true in online trading and just like in sports betting, the risk involved in for example binary options trading is that when your prediction is wrong you will lose money.

The IQ Option mobile app is extremely secure, so you don’t have to worry about your personal information being compromised. What’s nice is that you can set up your own notifications, so you can know instantly if a trend you are watching is happening.

How to Download the IQ Option Mobile App

Most of the time, people who do online trading work on desktop computers. But with so many people on the go these days, not having the ability to make trades while you are away from your desktop is going to be a major handicap.

A mobile app that works well is the single best way to stay on top of the latest trends and trades. IQ Option has provided an excellent app, available for IOS and Android devices. If you do not have an Android or iOS mobile device, you can still use the web interface via a standard mobile browser.

The Best Way to Sign Up for IQ Option

You can either sign up for IQ Option on the mobile app, or you can go directly to the website. In either case, you’ll end up on the landing page where you will see the option to sign up. It’s easy to do and takes just a few minutes.

You basically fill out a simple form like with any website that you sign up for. In this case, you’ll have to prove your identity before you can proceed any further and before you can do any trading. Another thing that you’ll have to do before trading is deposit some money to makes your trades with.

If you have done Forex trading before, then you will find this easy and straightforward. Signing up for IQ Option is just as easy – if not easier – than signing up for any of the other forex brokers out there.

You might be wondering if you are going to have to spend a lot of money to do any trading with IQ Option. Luckily, the answer is no. In fact, they have one of the lowest deposit thresholds that we have ever countered. A paltry $10 is the minimum amount necessary to get started with IQ Option which allows everyone to try out forex trading and see if it works for them. You could spend a whole lot more than $10 trying out any of the other stock trading or options trading services that are out there.

Researching the Trustworthiness of IQ Option

If you have looked into the forex/cfd trading market, or you have been a trader before, you might know that there are some risks that are associated with investing and trading. IQ Option is certainly one of the most highly regarded online trading platforms, but with this service or any other trading platform, it is important to know how trustworthy the forex broker is. There are two things that you want to look for when it comes to checking out a broker like IQ Options:

  1. The policies they have set in place
  2. The status of their regulation

What we were able to find about IQ Option was very positive and allows us to recommend them with a clear conscience. One of the reasons why is that IQ Option, registered as IQ Option Europe Limited, is regulated by CySEC (the Cypress Securities and Exchange Commission). This regulation organization ensures that certain standards are being met by binary trading companies.

But that isn’t the only thing that impressed us about IQ Option. They actually police themselves better than CySEC could ever hope to do, and if you read through their policies in detail, you will find that they hold themselves to a much higher standard than regulating organizations do.

Of course, the downside to this is that you have to go through a lot of paperwork to prove your identity when you first sign up. With money laundering, fraud and identity theft rampant all over the world, it is absolutely essential that companies take as many steps as they can to make sure that you’re who you say you are.

When you check out IQ Options, look specifically at their policies when it comes to how they deal with the money that traders invest, as well as policies regarding deposits, withdrawals, disputes and privacy.

Once you understand that the steps that are involved in signing up are for your own protection, you truly gain an appreciation for the detailed and lengthy sign up process. In fact, it is the exact policies in place for signing up with the site that make IQ Option one of the most reputable online brokers in the online trading trading industry.

The Basics of IQ Option – Video Tutorial

Watch the educational videos that IQoption offers its traders. You can learn how to start trading on IQoption’s platform with following educational videos.

Your capital may be at risk. This material is not investment advise.

What is a Trading Pattern?

In order to find success with trading forex/cfd or cryptocurrencies like Bitcoin, Ethereum, Litecoin…etc., you have to develop a pattern. Because the developers behind IQ Options wants all of their traders to make money, developing a pattern for successful trading with them and optimizing that pattern is easy.

That’s because the site provides you with access to a wide range of valuable resources, as well as educational tools. The majority of the tools that the site offers can be accessed directly from the dashboard within the trading platform. The display looks great and easy to read and understand, even for novice traders. You will be able to see trends, technical analysis and much more.

The education resources that IQ Option offers cover a wide range of topics, and these resources are free-of-charge. Even if you are experienced with online forex trading you will probably get some value from the tutorials and explanations, but they are especially for those who are new to it. No matter what your experience level is, the resources that IQ Option offers will definitely make you a better, more successful trader.

The available resources include detailed eBooks, videos, webinars and step-by-step tutorials. They are really easy to browse through and navigate, and the language is clear and easy to understand.

Assets at IQ Option

Assets are one of the things that you will find varies from one trader to another, and the more assets you have to choose from, the more freedom in your trading you will have. For those new to options trading, assets are simply the items that you trade on. These can include currencies, stocks or commodities like oil, grain, wheat, cryptocurrencies like bitcoin, ethereum, litecoin and more.

If you like having access to a wide variety of assets, you will love trading with IQ Option. They offer more than 500 assets to trade on including some really popular stocks.

Here is a list of just part of the assets that IQ Option offers:

  • Stocks from over 50 major companies like Gazprom, Daimler, Barclays and Apple
  • Indices such as FTSE 100, DAX, Nikkei-225, CAC 40, Dow Jones and S&P 500
  • Currently just two commodities: Gold and Silver
  • Currency pairs like EUR/USD, GBP/USD, AUD/CAD, EUR/JPY and USD/CHF
  • Bitcoin, dash, sentiment, omisego, ripple, ethereal, litecoin and some others

How to Develop a Profitable Trading Pattern with IQ Option

In order to be success with IQ Option, you need to know what a trading pattern is and how to use it to make money. IQ Option offers detailed trading patterns that are designed to help get you started. Some of the trading pattern options that IQ Option offers are briefly outlined below:

There are two basic ways that you can create trading patterns with IQ Option.

  • Japanese Candlesticks

    If you have ever analyzed a graph that displays an asset’s movement of price over a period of time, than you have seen a Japanese candlestick. This type of graph shows the movement of price over a given day. When you become familiar with Japanese candlesticks and learn how to read them, they will become valuable tools to help you trade.

These graphs provide both the opening and closing prices of assets. This information is vital in the forex trading industry for some patterns and trading methods. Assets that increase in price have a green candle icon displayed next to them, and assets that fall in price have a red candle icon displayed next to them. These charts are easy to read and you can see, at a quick glance, how much the price of an asset has changed and in what direction.

The term Japanese Candlestick is only used for these types of graphs because the falling and rising lines are similar to the long, thin candlesticks and holders that are common in Japan.

  • Trend Lines

    Trend lines are a little different. Instead of showing a rising and falling position on a graph, they display a line that is placed above the price of an asset, as well as a line below the price of an asset. These two lines make what is referred to as a “trending corridor.” The lines depict the typical maximum high and low values that an asset tends to fluctuate between.

So, for example, when the price of an asset extends to the upper line, the past history of the asset indicate that it will begin moving down again. The upper line on this charge is referred to as the resistance level and the lower line is known as the support line.

By understanding these analysis tools and becoming used to using them, you will be able to improve your trading patterns. Eventually, you will be able to create your own signals to keep track of the price of assets.

Highly Profitable Trading Patterns at IQ Option

In this section we’ll go over nine different trading patterns that you can use at IQ Option in order to make some real money. Learning all of these patterns isn’t vital to your trading, because you can use just one of these and still make money with forex trading. Let’s take a look at each one in detail.

The Three Black Crows Pattern with IQ option

Your capital may be at risk. This material is not investment advise.

Three Black Crows is a pattern for traders that want to make money with trend reversals. In order to make this pattern work, you need to look for assets that have been trending up or down.

You then have to wait for the price movement to reverse. You will be able to tell that a reversal has happened when three falling candlesticks in a row are visible. This indicates that the price trend is reversing, which gives you the signal that it is time to make a trade.

In other words, if you see an asset rising eight or nine times, and then suddenly the asset goes down three consecutive days, then you can assume (with a pretty high degree of accuracy) that the trend will continue and bet on it.

 

The Rebound Line Pattern with IQ Option

Your capital may be at risk. This material is not investment advise.

The next pattern that we’ll go over is the Rebound Line Pattern. With this trading pattern, the price trend of an asset doesn’t matter. Instead you’ll analyze trend lines. Specifically, what you should be taking note of is the closing price.

When the closing price line is just below the resistance level (the upper line) or just above the support level (the lower line), it is very likely that the price will cross through it, which means that the trend will be broken. If the price closes just before the resistance level, you use this as a signal to place a PUT trade, but if the price closes just above the support level, you can use this as a signal to place a CALL trade.

The Rainbow Pattern with IQ Option

Your capital may be at risk. This material is not investment advise.

The Rainbow Pattern is a bit more advanced than the two trading patterns that were previously mentioned, so you should become familiar and get comfortable with the first two options before you try this pattern. However, it can be a great way to make money with IQ Option.

The Rainbow Pattern works by using the exponential averages of an asset at the same time. There are three different exponential averages, and all of them have different periods.

  • Using the chart of the asset you have chosen, you must mark, in blue, the first line that you see with a period of six.
  • Mark the second line in yellow with a period of 14.
  • Mark the line that has a period of 26 in red.

Rainbow Pattern rising – IQ option

In order to identify a potential drop in price, keep an eye out for the following:

  • A red line located at the bottom
  • A yellow line moving below the blue line
  • A blue line on top of both the red and yellow lines

The ideal time to place a forex trade (PUT trade) is when the yellow and blue lines intersect with one another.

Rainbow Pattern Falling – IQ option

In order to identify a potential rise in the price of an asset, keep an eye out for the following:

  • A red line on top, followed by the yellow line, and then followed by the blue line
  • A red line that is located on top of both the yellow and blue line
  • A blue line located at the bottom

The ideal time to place a trade (CALL trade) is again when the yellow and blue lines cross.

The Piercing Line Candlestick Pattern

Your capital may be at risk. This material is not investment advise.

The Piercing Candlestick Pattern is a method that involves looking closely at the candlesticks that are displayed on your chart, for whichever asset you have chosen. Once again, it involves identifying reversal trends. For this pattern, keep an eye out for two candlesticks that has the second one closing in the middle of the first one in order to notice an upward trend that will soon reverse.

The spike that follows immediately (the third candlestick in a row) should be ascending. If you notice that there is a fourth one, it means that the price of the asset is increasing and a trend reversal will almost certainly happen in the near future.

You can also use the Piercing Line Candlestick Pattern in the opposite way, much as you did with the rainbow pattern, to spot a downward trend that is probably going to reverse into an upward trend. Then you can place your bet on that trend change instead.

The Pin-Bar Pattern

Your capital may be at risk. This material is not investment advise

This is one of the most advanced patterns you can use at IQ Option, and it is definitely not for beginners. The best people to use this pattern are those who have experience with most or all of the other patterns in this review. But it’s also highly effective, so it is one that is definitely worth looking into when you feel comfortable.

Like many of the other patterns, the principle behind the Pin-Bar Pattern is to predict an upward or downward trend in an asset. This is done by analyzing what is called the “Pin-Bar” of the asset.

There is a certain type of Pin-Bar Candlestick that you should be looking for: one that has a small body as well as a long tail. The tail’s direction indicates the way the price of the asset might move, as it showcases which way the market for that asset is moving. If you notice a pin that has a small body with a long tail, this signals that you should place a forex trade.

As mentioned, this is not the ideal pattern for beginners, because it is difficult to identity the right candlestick from all of the other options on the graph, and there is more to this pattern than the brief explanation here. Luckily, IQ Option has a great deal of documentation about it.

The Moving Averages Pattern

Your capital may be at risk. This material is not investment advise.

One of the more popular tools on IQ Option is called the Moving Averages Pattern. With the Moving Averages Pattern, signals are generated by figuring out when moving averages are happening. This can be done by utilizing the data at IQ Option, but it does take a deeper understanding of trading forex, cfd, binary options or cryptocurrencies.

There are four options in the Moving Averages Pattern: exponential; simple; smooth and weightage. Of these four pattern options, exponential and simple are the easiest to calculate, and they create the most accurate signals. As a result, there is a greater possibility of getting more winning trades, which makes this method more attractive to beginners.

With that said, you should be aware that it can take some time to learn this pattern and each of the four options will be a little different. But IQ Option has a really great tutorial for beginners on using this pattern.

The Alligator Pattern

The “Alligator Pattern,” is named as such because of the way the candlesticks look when it is time to place a trade – they look like alligator teeth. This is a great pattern to use on the online trading platform at IQ Option because they have so many features and make it easy to use a fairly complex pattern like this.

The way that this trading pattern works is with smooth moving averages. One of the best things about IQ Option is that it is specifically designed for this kind of spattern, and that makes it a lot easier to make money. The reason that this option is so popular among traders is that smooth moving averages are not significantly affected by trivial fluctuations that occur in the market. As a result, these averages offer better signals and that means a much better likelihood of placing winning trades.

This is actually a pretty easy pattern to use because of the way that IQ Option has it set up. Basically, you just look for a smooth market – where the candlesticks look like the teeth of an alligator. If they do, then it is a good time to enter the market. If they don’t look smooth it will be too difficult to predict whether the price is going to move up or down. In other words, it would be impossible to determine if you should place a CALL trade or a PUT trade.

So, if the candlesticks look like anything other than alligator teeth, that’s a sign that you should not enter the market because it is too volatile to predict.

The Breaking Line Pattern

Your capital may be at risk. This material is not investment advise.

If you remember, earlier we discussed the trend lines, which can be used instead of the Japanese candlestick method. That’s what you need for the Breaking Line pattern. This pattern is based on both the support and the resistance lines of an asset, which was explained in that earlier section.

These lines illustrate the upper and the lower prices that an asset will trade between. If the support and resistance lines are broken, this indicates that there is something affecting the market outside of the typical fluctuations in price, meaning this can be a signal that it is time to make a trade.

To use this online trading pattern, all you need to do is make your trades in the new direction that the lines are traveling. A CALL trade should be placed if the candlestick closes above the resistance line while a PUT trade is made when the asset closes below the support line.

The Bollinger Bands Pattern

Your capital may be at risk. This material is not investment advise.

This is one of the most commonly used trading investment patterns and there is a great deal of documentation that you can look at if you want to learn how to use the Bollinger Bands method of making trades.

An IQ Option Demo Account

If you are still concerned about actually putting money in your account and making trades, even with the minimum of $10, IQ Option has you covered. They have a demo account that you can use to make trades and see if your decisions actually make you any money.

Of course, you won’t actually be making that money, but once you have determined that it truly is possible, and that you like working with IQ Option, you can make an actual account and then deposit some money to make trades with.

After you register your demo account, it will be activated. The demo account will allow you to explore the IQ Option platform and learn all you want to know for as long as you want about trading. If you like what you see, then you make your deposit and start making real money.  The demo account is an exact duplicate of the real trading platform. Only the money in your account is virtual.

Placing Trades with IQ Option

As for actually placing trades, one of the best things is that the IQ Options trading platform is well-designed, making it easy for you to make trades in seconds. It also gives you a lot of investment options because you can invest as little as $1 or as much as $1000.

In order to place a trade, simply sign in and navigate to the trading page. Once there, you can select what type of option you would like to trade, the asset you would like to trade with, and the option and the amount that you would like to invest. It is fast and easy and can be done quickly, whether you are using a large computer screen or a small mobile device that would make it difficult on other binary trading platforms.

Conclusion

The bottom line here is that IQ Options is well above average when it comes to online trading platforms. Many traders think that it’s one of the best trading platforms on the market and are pleased with the ease of use and amount of money they are able to make with binary trading.

The conclusion here is that you should definitely give it a try. With a demo account to play with and a minimum deposit of only $10, there is (almost literally) nothing to lose.

Risk Warning: Trading may not be suitable for everyone, so please ensure that you fully understand the risks involved.

Overview

Minimum Deposit: $10
Minimum Trade Amount: $1
Maximum leverage: 1:300 and 1:1000
Regulation: CySEC
Trading Platform: IQOption
Special offer: USD 10k Demo
Customer support:
+44 20 8068 0760,
support@iqoption.com

Rating :
Top 3 Best Brokers
Trading is a risk.


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