Find out truth about IQ Option Binary Broker in our Review!

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IQ Option Review

Rating:

If you are an options trader and seek for a trusted and reliable partner, then IQ Binary Options broker can be your choice. It can make a vivid difference and you will see how improved your trading with this broker may look. Read our review, if you want to learn more.

Min. Deposit: $10 Demo: Yes

Platform: Custom Bonus: N/A

Regulation: CySEC US Clients: No

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Honest IQ Option review: About the Company

The amount of information given on the broker’s website looks satisfying enough. Well, the company was established in the nearest past, in 2020. The address states that the main office of IQ Option i located on 152 City Road, Kemp House, London EC1V2NX, although it is Cyprus based binary options broker. The company itself is owned by Iqoption Europe Ltd, Cyprus. The website has not only great design, but it is user-friendly. IQ Option supports 12 foreign languages, among which are: English, Turkish, Chinese, Spanish, Portuguese, Indonesian, Russian, Italian, German, Korean, French and Swedish. On a side note, this broker does not accept US clients.

It does not matter how proficient you are. If you are new to binary options, there is a lot of different educational tutorials and outstanding educational video content here.

IQ Option binary is not only regulated by CySEC, but also has even some rewards, despite the fact that they have been in the play for only 2 years.

IQ Options Accounts reviews

At this broker, you are offered 3 account types. They include:

  • Demo
    Demo account is absolutely free, you are given $1000 virtual money. The number of assets available is 13. Indeed, trading opportunities are limit at this account type. Trading without real money is a good opportunity to backtest the trading platform and broker’s services as well.
  • Real
    Well, the minimum deposit is so little comparing to other brokers – only 10$. In Real account type you are offered with over 70 assets. If you accidentally make a wrong prediction, you will receive up to 45% return. Moreover, you gain a full access to all trading opportunities as well as trading with real money. What’s more, you can obtain bonuses up to 80% on each deposit you make. There is a specific feature at IQ Binary – you can participate in trading competitions, in paid and free ones. If you are the owner of the Real account type, your withdrawals take 3 days to be processed.
  • VIP
    VIP account is the most lucrative at this broker. The minimum deposit at this account is evaluated $1,000. Again, you are offered with more than 70 assets available for trading. There is no need to tell that you gain full access to trading opportunities. Bonuses here are even more generous – up to 100% on each deposit made. Except for participation in trading competitions, there are some exclusive features at VIP account. Your withdrawals are processed within 1 day only. Furthermore, you can receive monthly analysis of your trading with IQ Option analysts in a couple with the assistance of your personal manager.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

IQ Options Trading Conditions

Generally, an option could be based on any type of assets traded, freely traded on national and even world exchanges and markets. We may define the following options presented by IQ Option:

  • Stock Options
  • Currency Pairs
  • Indexes
  • Commodities or metals

IQ Option review found out that the whole amount of assets available comprises even more than 70!

IQ Options Trading Platform

IQ Option has developed proprietary trading platform, showing top-quality performance. It is user friendly and very intuitive and almost all IQ Option reviews can confirm this. You do not have to be professional trader to understand this platform. It is unique and differs from the majority of platforms utilized daily. We have personally tested it and may say that is has been a pleasant experience.

On this trading platform you can trade both typical binary options of multiple assets such as indices, currencies and equities and also turbo options that are now gaining popularity among traders around the globe.

But that is not all. If you do not like to sit in front of your computer, then mobile trading is just for you. There are many IQ Option reviews, which outline that you can trade via mobile trading platform functioning greatly on devices using Android or IOS operating system. All you need to is just go either to Google Play or AppStore.

IQ Option Deposits and Withdrawals

IQ Option has developed a nice system of deposits and withdrawals. You can deposit your account by using one of the payment methods: credit/debit card, electronic payment systems like WebMoney, Qiwi and also wire transfers.

As for the withdrawals, they are performed exactly as deposits, although wire transfers are not available here. The fixed time needed to process your withdrawal orders depends on the account type you currently have.

IQ Option Customer Support

Our IQ Option review ensured that the customer support is just brilliant at this broker. You are granted all means of communication: web forms, emails, different phones, live chat and Skype as well. Traders can receive answers from or directly contacting members of support who may know their native languages, not only English. You can definitely expect very detailed and explicit answers to all your questions or solutions to the problems. Dealing with efficient and trained staff is always pleasant, and this binary broker can offer you that.

Customer Support is always swift, you do not have to wait long to contact it.

IQ Options Account Application

If you are bored with going through lingering registration process, then IQ Option is exactly for you. Account application is simpler than ever with the minimum amount of information required. IQ Options knows that you are first of all interested in trading options, and thus provides you with comfortable conditions even in opening an account.

IQ Option Review Conclusion

IQ Binary can provide you with one of the best services. Their five-star trading platform with a huge amount of tradable assets is undoubtedly the reason to choose this options broker. If you consider IQ Option to be appropriate for you, then do not wait – sign up!

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

IQ Option Broker Review

IQ Option is a regulated and award-winning online broker that enables customers to trade a wide range of instruments and underlying assets. Operated by IQ Option Ltd, the licensed broker offers it services to traders across the world.

It is important to note that IQ Option is one of our top and most highly recommended brokers for investors in South Africa.

One of the most interesting things about IQ Option is their incredibly low minimum deposit. You can start trading with only $10 and get access to a proper live account.

Read our full review on one of the most famous brokers out there, or skip straight to the part you are interested in below:

*The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

IQ Option Trading Platform and Versatile Assets

While they originally started as a binary options broker, they quickly became a broker that has it all, from CFDs/Forex and Classic Options trading. This makes them one of the most versatile brokers for online trading. Basically, whichever instrument or underlying asset you can think of – they have it.

The minimum trade price is $1 for binary options and digital options, and $20 for forex and CFDs. The maximum option price is $5,000. If the trader wants to place multiple trades with a variety of instruments, it’s not a problem with IQ options’ platform. All they need to do is select the asset in the upper left corner and the instrument below.

Currently available instruments are:

  • Binary Options
  • Forex CFDs
  • Cryptocurrency CFDs
  • Classic options
  • Stock CFDs
  • FX options

With IQ Option, traders can place trade contracts and options based on numerous stocks, currencies, commodities and indices. There are more than 500 underlying assets, to be exact.

Specifically, there are currently 90 currency pairs available, including all the most popular cryptocurrencies like Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, IOTA, Dash, Ethereum Classic, Monero, OmiseGo, Zcash or Santiment. Of course, these currencies also include EUR, USD, GBP, RUB, AUD, CAD, NZD and Yuan.

Tip: Check out what Twitter CEO Jack Dorsey recently said about Bitcoin and how you can properly trade Bitcoin CFDs at IQ Option.

IQ Option also recently expanded their asset collection by adding cannabis stock CFDs, which have become increasingly popular in the online trading market. Examples of marijuana stocks you can trade at the IQ Option are: Aurora Cannabis Inc, Canopy Growth Corp, Cronos Group Inc, GW Pharmaceuticals – Adr, Tilray Inc-Class 2 Common, Anheuser-Busch Inbev-Spn Adr, Etfmg Alternative Harvest and many more.

As for leverage, IQoption offers leverage on up to 20x for stock CFDs and FX trading of up to 1000x – known as the 1000x multiplier. IQ Option advises customers to use this tool only if they fully understand that higher leverage may mean higher returns, but can also result in higher losses.

IQ Option really is a one-stop-shop for online trading.

IQ Option Unique Trading Platform

Unlike so many other brokers in the industry, IQ Option uses its own software, the IQ Option platform, which they continue to update regularly.

The IQ Option platform is highly developed and entirely user-friendly, so all traders should be able to easily navigate through the site and trading room. This easy-to-use interface allows investors to trade in the office, at home or on the move through their mobile platform.

IQ Option is currently responsible for more than $11 billion worth of trades every month, so it has a proven track record of making trades as simple as possible.

One thing is certain: IQ Option offers the ultimate trading experience for everyone – no matter your experience.

How Do I Trade on the IQ Option Platform as a Beginner?

One thing that makes the IQ Option interface so easy to use is the fact that all of the trading instruments are available on exactly the same dashboard.

All you need to do is:

  1. Select an asset you want to trade
  2. Predict this asset’s direction
  3. Make an investment
  4. Close the position

Binary options trading is even easier, because the trades close themselves automatically when the expiry time has been reached.

Throughout this entire process, IQ Option offers many charts that display the most recent market trends, so users can make judgment calls with the most recent data at hand. There is also always the option to set your Stop Loss and Take Loss Profit — so there’s no need to constantly monitor trading positions.

For more details and a visual guide on how to trade with IQ Option, check out the video above.

In addition, their platform is multilingual and available in English, Italian, German, Russian, Spanish, Turkish, Portuguese, Chinese, French, Swedish, Korean, Arabic and Indonesian.

With the quality of their services and their up-to-date customer support, it shouldn’t come as a surprise why this broker is so popular among traders worldwide.

What are IQ Option Price Alerts?

To make your life easier, IQ Option recently added a brand-new feature to their trading platform: price alerts. Price alerts automatically notify you when an asset has reached the price level you want.

Part of being a successful trader is knowing when to act, in other words when to buy or sell an asset. No one wants to be glued to a screen staring at charts and financial market news all day. Thanks to IQ Option’s price alerts, all you need to do is set up an alert for the assets you want and IQ Option will automatically track them and send you a notification when the price you were waiting for is reached.

To set up an alert:

  1. Select an asset
  2. Click “Create alert”
  3. Set the price you want to be notified for

Getting Started – IQ Option Trading Accounts

Registration with IQ Option is completely free, and all South African traders can get started with a deposit as low as $10.

Even so, anyone can experience what this powerful trading platform has to offer without spending a penny, through their free demo account.

IQ Option Free Demo Account

All registered South African users have the option of trading with a free practice account, before depositing any money. This means beginners get to learn the basics of online trading entirely risk-free. Experienced traders, on the other hand, have the ability to fully test the IQ Option platform before investing any real money.

The IQ Option demo account gives South African traders $10,000 of virtual funds to practice with, which can be re-filled at any time.

Once investors have practiced and are ready to start trading for real, IQ Option offers two separate account types they can choose from: the Real Account and the VIP Account.

Real Account ($10 Minimum Deposit)

As mentioned before, South African investors can begin trading with IQ Option with the minimum amount of $10, which gives them full access to a Real Account and all trading instruments and services. The number of assets available are 500.

South African traders also have option to participate in different trading competitions and access their numerous trading tools.

All withdrawals can take up to 24 hours.

VIP Account ($3,000 Minimum Deposit)

In order to access the VIP Account, a minimum deposit of $3,000 is required.

In return, South African traders get VIP access to a variety of useful trading instruments and special features, such as:

  • Higher profitability rate (3% advantage)
  • Personal VIP account manager
  • Free tournament participation

IQ Option Education Resources

Trading global currencies can be a daunting prospect for beginners, but IQ Option has the education resources available so that even complete trading newbies can fully understand and be able to take advantage of all that IQ Option has to offer.

Besides their free practice account that is available to all South African registered users, IQ Option offers various video tutorials which allow investors to hone skills and master the mechanics of online trading.

One of the main reasons for the rising popularity of IQ Option among ordinary investors is also the community spirit it offers. If you are not sure or want to ask anything, you can always call upon support or get advice from industry professionals and fellow traders. The best part is that you can do this all directly through the IQ Option platform.

IQ Option Affiliate Program

Besides earning a spot as South Africa’s top online trading broker in our awards, IQ Option also has one of the best affiliate programs in online trading.

An affiliate program is for South African users who are not looking to trade with IQ Option themselves – but partner with them. As an IQ Option affiliate, you have the opportunity to earn up to 70% of profit by promoting the award-winning broker on your blog or website.

All you need to do is:

  1. Join the IQ Option affiliate program
  2. Get your own affiliate link
  3. Post this link on your blog or website as an ad
  4. Earn up to 70% of commission when a user clicks on your link and starts trading with IQ Option

Your earnings will then be transferred twice a month via your preferred payment method.

For more details on the IQ Option affiliate program and how to make up to 70% of profit, read our IQ Option affiliate program review.

How to Contact IQ Option

The customer support team at IQ Option is available 24/7 through email ([email protected]), phone or online web form.

Unfortunately, there is no South African number available, but we listed the numbers that did find on their website below.

IQ Option also offers a live chat, which is available for all South African users on their platform.

IQ Option Deposit and Withdrawal Methods

IQ Option takes the security of all its traders very seriously and presents no difficulty throughout the deposit and withdrawal process – which many traders already know can be a frustrating common practice when it comes to other brokers.

With IQ Option, the estimated time of withdrawal is one business day. The minimum withdrawal amount is $2, due to commissions. IQ Option offers deposits in South African Rand, as well as many other currencies. Check out the table for more information on minimum deposits.

By trading in South African Rand, you can easily avoid those pesky conversion rates!

As for deposit methods, South African traders can use different payment options, including:

  • Debit (Maestro and Visa Electron)
  • Credit cards (Mastercard and Visa)
  • Bank wire
  • e-wallets (Skrill Moneybookers, QIWI, WebMoney, iDeal, Neteller, FasaPay, Boleto and CashU)

Their entire payment procedure for South African users is explained in detail on their site, which is very important because it is an immediate indicator of a transparent business.

Is IQ Option a Scam?

The question of whether IQ Option is a scam can be found through various traders who have commonly been scammed by other companies and are afraid to invest their money again.

The truth is that IQ Option is one of the best choices of regulated brokers out there and has won awards for their innovation, regulation and success. This broker is fully licensed, which means that they completely follow all regulations and practices that ensure trader’s protection – which they in turn take very seriously.

In addition, they have a fast-growing online trading platform that caters to absolutely anyone.

Don’t believe us? Let the numbers speak for themselves:

IQ Option is home to more than 20 million active traders worldwide. The IQ Option platform processes around 3 million transactions per day, while the money withdrawn by IQ Option traders every month has risen from $500,000 in 2020 to $5.7 million by the end of 2020.

The fact is we have received no complaints regarding this broker, so we can confidently say that IQ Option is not a scam. South African investors can trade in peace knowing that they are trading with one the most famous licensed brokers worldwide.

IQ Option Review | Is IQ Option a Scam?

Is IQ Option a SCAM or Not? 100% Honest Review Pro Trader Reveals The Truth! Read This First and Start Trading NOW! BEST Tips!

IQ Option – trading platform

Binary options are prohibited in EEA

The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

In this review, I go through the following facts:

IQ Option

YouTube Video: An introduction video for new traders.

IQ Option

IQ Option

Testimonials and Success Stories: Real users share their experiences.

IQ Option

Trading: How and what to trade with IQ Option.

IQ Option

App: How to use and get the most out of the app.

  • IQ Option Is It a Scam?: My full fraud investigation report and results.
  • IQ Option Auto Trader: Can you use the binary option robot auto trader with this broker site.
  • IQ Option US traders: This broker site does not currently accept US traders. I will tell you why and what your options are if you reside in the United States.
  • Conclusion: Including the overall rating
  • How to trade on IQ Option

    Highlights

    • $10 Minimum deposit: This is the minimum deposit to start binary options trading. You do not have to make a big investment.
    • $1 Minimum trades: Again, you do not have to be a millionaire to be able to gain money by trading stocks or currencies; you can start with small amounts and climb up the ladder at your own pace.
    • Web-based interactive education system
    • Over 500 assets to trade
    • Totally FREE demo account: If you want to start even more carefully, you can first trade with a demo account.

    Binary options are prohibited in EEA

    Claim these outstanding offers and start trading with IQ Option by filling in the form below.

    Review

    Important Information in a Nutshell

    • Regulation: CySEC
    • Legal Entities:IQ Option consists of two legal entities: IQ Option Europe Ltd. is registered at Cyprus and is regulated by CySEC, and IQ Option Ltd. which is registered at Seychelles, this entity is not regulated.
    • Minimum deposit: $10
    • Minimum exercise price: $1
    • Maximum option price: $5,000
    • Yield: Upto 92% in case of correct prediction
    • Deposit/withdrawal methods: Credit Card, Wire Transfer, Skrill, Neteller, Boleto, Qiwi, WebMoney, iDeal, Fasapay, Sofort
    • Assets: Currency pairs, stocks, indices and commodities
    • Number of assets: 500+
    • Countries: We accept all countries except USA, Canada, Australia, Belgium, Israel, Palestine, Japan, Russia, Turkey, Syria, Sudan, North Korea and Iran. Users from following countries can not trade from the iOS mobile application: Malta; Android application unavailable for: Malta, Myanmar, Liechtenstein, Cuba.
    • Demo account: Yes, free of charge, no time limit
    • Mobile application: Android, iOS
    • Trading platform: Web-browser and standalone app
    • Support: 24/7
    • Support languages: English, Russian, Turkish, German, Spanish, Portuguese, Chinese, Swedish, Korean, French, Italian, Arabic, Hindi
    • Founded: 2020
    • Withdrawal: 1 working day

    IQ Option – how to use

    There are currently hundreds of binary options brokers, with new ones appearing on the market almost daily. This is great for customers. As companies try to compete against each other, there is an almost endless number of choices with special features.

    One thing that many brokers have been overlooking is existing customers; the goal has only been to get new customers, which has led many customers, after making their first deposit, to go to other broker sites or to stop investing in binary options completely.

    But this is where IQ Option is completely different to its competitors. A perfect example of this is a $10 minimum deposit and a $1 minimum investment, which shows that they are openly welcoming those investors who want to start cautiously or who cannot afford to invest larger amounts of money.

    Trading

    IQ Option currently has 77 different trading assets available. These include:

    • Stocks. Shares of over 50 major companies . such as Gazprom , Daimler , Barclays , Apple and Rosneft .
    • Indices. Most traded indices including FTSE 100 , DAX , Nikkei-225 , CAC 40 , Dow Jones and S&P 500 .
    • Commodities . Gold and silver .
    • Currency pairs .
    • All the most commonly traded currency pairs including EUR/USD, GBP/USD, AUD/CAD, EUR/JPY, USD/CHF and many others.
    • Bitcoin: This option is only available on a few binary options broker sites.

    New IQ Option platform v4.0

    Account Types

    There are three different types of accounts available to you, including two account types that are for real money trading:

    Demo account:

    • Practice trading for free
    • Does not use real money

    Real account:

    • All 500+ trading assets available
    • Start with as little as a $10 minimum deposit
    • You can participate in trading competitions
    • Full access to trading opportunities
    • Fast withdrawals (within 3 days)

    VIP account:

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      The Best Binary Options Broker 2020!
      Perfect For Beginners!
      Free Trading Education, Free Demo Account!
      Get Your Sing-Up Bonus Now!

    • Binomo
      Binomo

      Good Broker. Only For Experienced Traders!

    (You will get access to VIP if you deposit more than $3,000)

    • All 500+ trading assets available
    • Full access to trading opportunities
    • You can participate in trading competitions
    • Personal manager

    I personally recommend starting with a VIP account from the beginning.

    Banking

    What Does This Mean To You?

    You can choose from a wide variety of deposit options. The current deposit methods are Credit Card, Skrill, Neteller, Boleto, Qiwi, WebMoney, iDeal, Fasapay, Sofort: “or you can use the following methods: Skrill, bank wire transfer, WebMoney, QIWI, Yandex Money, PayPal, LiqPay, and Moneta”

    Trading Amounts

    The minimum investment of $1 per trade is the lowest in the industry. This makes it possible to start investing, with real money. As the minimum investment is so low, I recommend opening a real money account from the beginning.

    The maximum investment of $5,000 per trade is sufficient even for “high-roller” investors who are willing to take big risks in order to obtain high yields. For example, by setting a number of $5,000 trades in a row, you can raise the stakes as high as you want.

    Trading Platform

    IQ Option uses its own trading platform, a fresh change from the SpotOption platform which is used by almost all the major broker sites, including Banc de Binary, and GOptions. Unlike some competitor sites, the possibility of inadvertently setting the wrong investment is not possible. The platform has many unique features, which are specially designed to make it simple and easy to use.

    In order to test the platform with a beginner, we asked our secretary if she could master the platform. Our secretary does not have any previous experience with binary options. We gave her 15 minutes to learn, after which we came back to check the situation.

    When we came back, she told us that 15 minutes was more than sufficient. She was very familiar with all the main features after a couple of minutes. She also told us that she had never been interested in investing; though, after the experiment, she decided to start actively learning about investing with IQ option. In conclusion, there is no better way to start.

    The trading platform includes the following unique features:

    • Real-time asset price movements: You can follow price changes of desired trading assets through real-time charts.
    • Technical analysis panel: You will find various analysis tools on the technical analysis panel. I will tell you more about these in the trading pattern section of this article.
    • Possibility to use a variety of charts: In addition to the more commonly used tick charts, you can also use candlestick charts.
    • Trader’s choice indicator: Here you can directly see which investment alternative (“put” or “call”) is more popular, as well as the percentage of investors that have chosen each alternative.
    • Top trader’s stats and best deals: You can quickly and easily see how much the best investors made profit and how;
    • Relevant financial news: You no longer need to look through all the news from various sites, you can see it directly through the trading platform.

    Option Types

    The investor can have the option expire in 60 seconds, or more cautiously select an expiration time, such as 30 minutes or even 24 hours. However, they are also much risky than longer maturity options. Profits can be huge, but losses are also frequent.

    IQ Option – The fastest trading tool

    Binary Options Tournaments

    IQ option offers binary options tournaments*. I have never seen these on any other broker site, so I tried them with great interest. At the beginning, all traders get a tournament balance of $10,000 for their use during the tournament. Winners are determined by their tournament balances at the end, participants with the highest balance win the first place prize etc.

    Some tournaments have a guaranteed prize fund, which means that, if participation fees do not cover the whole prize pool, the broker will pay the rest. Some tournaments also have rebuy possibilities, meaning that, if you lose your whole tournament balance, you can rebuy yourself back into the tournament, for the same entry fee and you get a tournament balance of $10,000 again. Tournaments usually last for 30 minutes. By participating in a tournament, you can profit 100 times (sometimes even more) the entry fee.

    *Tournaments are subject to Terms and Conditions

    Tournament trading pattern:

    The average level of the participants in these tournaments is astoundingly bad. With a good trading pattern, these truly are an good way to gain money. Instructions to follow:

    • Always aim to win: The first-place finisher always gets by far the biggest prize. It is therefore not worth aiming for eighth or ninth place, even if these allow you to collect a cash prize. Even if you just have a small chance, try to get into first-place, it is usually worth the risk.
    • It is fine to spend the first few minutes observing the strategies the other participants are using: Watch whether other participants are trying to grow their tournament funds aggressively right from the start or taking a more cautious approach. You can then tailor your own trading pattern accordingly. However, make sure that the leaders do not get too far ahead of you, or it may become hard for you to catch them later on.
    • In the middle of the tournament, you should have a clear picture of what the other participants are doing and what kind of trading pattern you should use: Now, it is time to optimize your trading pattern according to your objectives. If you are the clear leader, do not let others get too close. If you are close to the leader, try to keep them close, so that you can strike before the tournament ends. Also, observe what kind of strategies the tournament leaders are using. If they are too cautious, this will be your chance to take the whole pot, strike more aggressively and try to get into the lead.
    • If the end of the tournament is getting closer, and you are not close to the top, it is time to take some big risks: You have nothing to lose, so it will be a good moment to reach the money by taking big risks. Victory may not be close, but don’t be discouraged. As long as you have money, you have a chance.
    • Analyze your trading pattern afterwards and think of ways you can win more in the future: There is always room for improvement, even if you won. Spend a few minutes analyzing your trading pattern after the tournament is over, it might be extremely beneficial next time.

    Trading pattern

    Investors have free access to a large number of different technical analysis tools and resources. You can even use these directly through the trading platform. You can easily see the moving trends of trading, and through the technical analysis panel it is almost effortless to make investment decisions based on completed analysis. You do not need any previous expertise to do this.

    There is an almost endless quantity of free educational materials for you to use, such as free webinars, ebooks, instructional videos and tutorials. With the help of these extensive materials, you can easily develop your skills and become a much better investor. Below are three examples of tutorial videos that are available for investors.

    Trading Patterns for IQ Option Broker

    Before we get to the actual strategies, you need to understand the system that they work with.

    Japanese Candlesticks:

    These are bars in charts depicting the price movements of an asset. They represent the opening and closing of a price range. If the price moves up it will be represented by a green candle. If the price moves down, it will be represented by a red candle.

    Trend Lines:

    These are lines in the chart which represent price movements and show the corridor within which the price range of the asset is likely to fluctuate. The support lines on the lower side of the chart represent the level from which prices tend to bounce upwards. The resistance level refers to the trend line at the upper side of the chart and it represents the level from which prices tend to bounce downwards. The area between the two trend lines is the trending corridor.

    Candlesticks, trend lines and the trending corridor are some of the most popular and effective tools in binary options signal generation.

    The Main Patterns

    1. The Rebound Line Trading Pattern

    The aim of this trading pattern is to catch the movement of an asset at the very moment when the price cannot break through the support of the resistance levels. In this trading pattern, when the price reaches the resistance level and the candle closes before this level, the possibility of a rebound is greater than the possibility of a growth. Here, you are better off buying a “put” option.

    With the same trading pattern, if the price reaches the support line and the candle closes just above this level, you are better buying a “call” option. This trading pattern is relevant whether the trend is neutral, upward or downward.

    2. The Three Black Crows Trading Pattern

    This trading pattern defines the downward reversal on the uptrend. Look out for an uptrend with several ascending candles in a row. Wait for the reversal of three descending candles in a row. Closing at the third candle is a signal of an uptrend turning into a downtrend.

    At the same time, when there are three descending candles in a row, and the price closes at the end of the third, this will be a signal of a downtrend turning to an uptrend. These signals are what you will use to make your trades.

    3. Piercing Line Candlestick Pattern

    Here you study the candlesticks carefully and look out for a trend in the price movements. What you will be on the lookout for is the precise moment where you will notice a reversal of a downtrend. Find two candles on the chart one of which closes the price in the middle of the previous one. Wait for the second ascending candle. When a third ascending candle appears it will be a signal of a trend reversal.

    This will happen both ways. Look out for another set of two candles and see if one closes in the middle of the one before it. You will look at the second candle while waiting for the third descending candle. .This will be the signal of another trend reversal this time on the opposite side of the chart. You can then execute the trade in line with the signal and you can expect a winning conclusion.

    4. The Rainbow Trading Pattern

    This trading pattern is a little more technical than the strategies above. Here, three exponential averages with different periods are used simultaneously. On the chart, you will mark the first line with a period of 6 in blue. The second line with a period of 14 will be marked in yellow while the third line with a period of 26 will be marked with red.

    For strong signals of an imminent drop in an asset’s price, the following points with the moving average will be noted.

    • The blue line will be at the top
    • The yellow line will be in the middle
    • The red line will be at the bottom

    The intersection of the blue line with the yellow line will be the signal to enter the market and buy a “put” option.

    For strong signals of an imminent rise in an asset’s price, the following points will be noted.

    • The red line will be at the top
    • The yellow line will be in the middle
    • The blue line will be at the bottom.

    The intersection of the yellow line with the blue line is a strong signal to enter the market and buy a “call” option.

    5. Moving Averages Trading Pattern

    This is one of the most popular strategies and it is used extensively in binary options trading where IQ Option is in play. It is used to full effect, profit wise by both experienced and rookie traders. You will use the available technical analysis tools to construct the moving averages indicator.

    The period indicates the number of candlesticks selected for the calculation of the moving averages. With this trading pattern employed by IQ Option’s clients, there are four types of moving averages. The difference comes with the method of calculation. The different moving averages are: simple, exponential, weightage and smooth.

    Most of IQ Option’s clients are in agreement that the simple and exponential moving averages are the simplest to calculate and use to help generate signals. They are also the most accurate of the four. In most cases, the last two are used by professionals in highly specialized strategies.

    The simple and the exponential moving averages are relevant with many trading strategies including following the corridor using the rebound line and the breaking line. They are also used in advanced strategies where construction of several moving averages is simultaneously carried out.

    6. The Pin Bar Trading Pattern

    This is another of the more technical strategies that you can use with IQ Option. It will be used to predict a downward or upward trend with the price of an asset. What are studied here are pin bar candles with tails or spots.

    If a pin bar candle has a small body and a long tail, directed upward or downward, there is an imminent shift in the price of the asset depending on the prevailing market conditions. If the tail of the pin bar points upwards, the price of the asset is predicted to move downwards. You will need to predict accordingly in that instant.

    When the tail of the pin bar points downwards the price of the asset is predicted to go up. This is another signal and you will trade accordingly. A good pin bar with a tail is an indication that you should enter the market. What you need to be careful about is the direction that the tail is facing as this will be indicative of the prevailing market conditions.

    Not all pin bars with tails are good. A good pin bar has to satisfy the following conditions:

    • The open and close levels are placed next to the end of one of the previous bars.
    • This must be near the top or bottom.
    • The pin bars open and close levels are placed within the left bars also known as the left eye. If all the parameters are to the right, it means that the signal is strong enough to enter the market.
    7. The Breaking Line Trading Pattern

    This IQ Option trading pattern aims to catch the exact moment that a candlestick breaches either the support line or the resistance line. When the candle closes above the resistance line, it is better to buy a “call” option. This is because the chances of the price of the asset rising increases dramatically.

    When the candle closes below the support line, the chances of the price falling increases at a very high rate. At this point in the chart, you will buy a “put” option as it is the most favorable. This trading trading pattern is suitable for neutral, upward and downward trends.

    8. Alligator Trading Pattern

    This trading pattern is rather simple in its application mechanisms. Here, three smooth moving averages are monitored as they move along the chart. They will be displaying different moves and their respective time periods. What is important to note is that with this trading pattern, the moving averages must be of the smooth kind.

    This implies that the simple and the exponential moving averages will not work with this trading pattern, at least not with the IQ Option system. This is because the smooth moving averages have very little impact on ripples in the market or fluctuations with very little significance.These moving average lines show the most likely price that the asset will have in the near future if the market is not under any undue influence from unexpected factors either within the asset’s market itself or in the wider global financial markets.

    The smooth average lines of the candlesticks are looked at like they are alligator teeth. When the candles open upwards, it is the appropriate time for you to make a trade. This is a signal to execute a “call” option immediately.

    When the candlesticks open downwards, it is a signal that the appropriate trade to execute is a “put” option.

    When the indicators are twisted like a helix or intertwined in any way, it means the alligator is asleep; this is not the appropriate time to make any trades. Trading at this point may be tempting but the chances of losing your stake here is very high because the next possible move in very unpredictable.

    In between the “call” and “put” trades, the indicators will twist again and you should rest your trading for a while.

    9. The Bollinger Bands Trading Pattern

    Here, the trading pattern is applied with the price chart carrying three lines. These lines are not equal in thickness. Rather, their width will change according to the movements in the market. When an asset’s marketplace is calm, the bands will narrow. When activity resumes, the bands will widen. The rate at which they widen will depend on the intensity of the trading.Should you notice a rapid widening of the bands, you can be sure that there has been a sudden increase in the intensity of trading for that particular asset.

    The band at the center represents a smooth moving average which will be carrying something like 20 bars/candles.

    Trading binary options is a profitable venture. What you need is the right broker to handle your investment and to guide you to profitability. IQ Option is one of the leading brokers in the binary options marketplace. This can be seen from the deep understanding that they have of the binary options marketplace and the movements of asset prices. As evidenced by the sophistication of the trading strategies, it is how you interpret the price movements that determines the nature of the signals that you get.

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