Magnum Options Demo Account – Is it worth it

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
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  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

Demo Accounts

A free day trading demo account is a fantastic way to gain experience with zero risk. Here, we list the best forex, cfd and spread betting demo accounts. From ‘no registration’ practise accounts, to MT4 simulators that allow you to test strategies, we have reviews for them all. Test out brands and see if day trading could work for you – without risking capital.

Best Demo Accounts in Russia 2020

What is a Demo Account?

A demo account is a kind of trading simulator, or practice account, that allows you to practice day trading with a wide range of financial instruments, from stocks, futures, and options to CFDs and cryptocurrency.

Demo accounts are funded with simulated money, allowing you to gain trading experience without risking real capital. This allows you to craft strategies and build confidence while getting familiar with market conditions. In addition, it’s an effective way to test drive a potential broker and software.

Capabilities

The best demo accounts allow you to simulate real trading with the only difference being that you use pretend money. This way you get the full experience of the markets and the trading platform, without the pressure of risking your actual funds.

  • Exploration – Testing different financial markets allows you to get a feel for how they behave while finding the right product for you. Trading penny stocks will be different to commodities, for example.
  • Gain experience – Before you risk real capital, you can practice opening and closing positions, plus applying stops and limits. In addition, you can view margin requirements, as well as track profit and loss.
  • Charting – Learn how to interpret and utilise charts, from testing technical indicators to identifying patterns.
  • Past performance – You can analyse past performance to correct mistakes and hone your strategy before you put real capital on the line.
  • Trading tools – Learn how to interpret and utilise information from news feeds and market data.
  • Watch-lists – Demo accounts also allow you to identify and monitor markets of interest.

Benefits

Whether it’s a forex demo account in the UK and Australia or CFD and spread betting in the US, all will offer a number of benefits:

Familiarity

  • Risk – Because demo accounts are funded with simulated money, mistakes won’t cost you any of your hard-earned capital. In addition, they also allow you to practice day trading while you are still saving for that initial account deposit.
  • Price action – The best way to understand price action is to experience it. Stock trading demo accounts, for example, will give you practice reacting to volatile markets and capitalising on price fluctuations.
  • Broker & platform – Finally, online trading with demo accounts is an effective way to test a potential broker and platform. For example, you can check their software has all the charts and tools you need. In addition, do they offer any useful extras, such as trading contests? So, check the overall quality of the broker’s services before you commit real capital.

Strategy

  • Calibration – Demo brokerage accounts are the ideal place to fine-tune your strategy. You can make mistakes and adjustments until your plan is consistent, without losing real capital. Because overtrading, cutting profits short and direction bias are all common mistakes that can prove costly if you don’t make them in practice accounts first.
  • Forward testing – Once you have a market and strategy in mind, you can either backtest or forward test your trading plan. While backtesting can prove useful, it lacks the emotional element. Forward testing enables you to put your plan to trade stocks, for example, into action while battling trading pressures in real-time.
  • Drawdowns – Regardless of how effective your strategy is, there will be days where the market feels against you. However, investing in a demo account allows you to practice sticking to your plan and perhaps adjusting your position size until things turn around.

Overall, signing up for a demo account in binary or stock options, for example, could give you the ideal risk-free platform to develop an effective strategy.

Drawbacks

Before you start looking at demo accounts for trading, these practice accounts do come with certain limitations:

Physical Discrepancies

  • Execution – Demo accounts often provide better execution than live trading. This is because demo accounts usually fill a market order at the price shown on the screen. However, in a live market, there is slippage. This can result in orders not being filled at the expected price. So, meeting previous profit calculations may prove challenging.
  • Increased capital – Normally, demo software allows you to choose how much capital you would like to trade with. As a result, many individuals opt for far more than they will have when they live trade. Greater capital allows for smaller losses to be more easily recouped. You may also find yourself unable to afford the expensive instruments you explored when using demo accounts.
  • Spreads – Online forex brokers, for example, often look to impress potential traders with tight spreads in demo accounts. However, in fast-moving markets, in particular, the spread quoted may be far wider.
  • Deposits – Although using virtual money, there are some brokers who will require an initial deposit to use their demo accounts. So, this is something to check before you sign up.
  • Leverage – Many traders enjoy the increased leverage some brokers ofter in demo accounts. Whilst this can result in substantial virtual profits, in live-trading it can also lead to significant losses.
  • Deal rejection – In demo accounts, trades almost always go through as requested, regardless of certain factors. However, when live trading, price changes between your trade submission and execution can result in rejection. So, be prepared for re-quotes when you upgrade to live trading.
  • Trading tools – Free charts and packages you get when your trading gold in your demo account may well come at an additional cost when you live trade.
  • Market movements – Your demo account server may not take into account interest and dividend adjustments, or out of hours price movements.

Psychological Discrepancies

  • Emotions – Demo accounts will not expose you to the fear, hope and greed that you may experience when you live trade. The fear of losing your capital can result in costly mistakes. Whilst greed can lead to holding onto a winning position for too long. Unfortunately, you cannot practice controlling these emotions with demo accounts.
  • Complacency – Managing risk properly with a practice account is often overlooked. Traders often take more risks than they would if real funds were on the line. This can result in bad habits when you transition to live trading.
  • Overtrading – The excitement of trading can cause many with demo accounts to overtrade. After all, why not take that risk when it isn’t real money on the line? This can develop into a habit of overtrading. However, when you move to live trading, you will then need to learn quantity doesn’t always trump quality.

To conclude, a comparison of a demo account vs a real live-trading offering will highlight a number of potential pitfalls to take into account.

Yet that does not necessarily mean you shouldn’t use demo accounts. It simply means you need to be aware of the risks, so you can prepare for the differences when you do start trading with real capital.

Moving From Demo To Real Money

You open a demo account as your first step towards becoming a trader. You want to be successful and make real money. So why stop at the demo stage?

It is a common feeling. That fear of losing real money and the lack of belief that you might actually be a profitable day trader.

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!

The same fears held us back to, but until you take that leap, you will never know. Let us guide you in your transition into a successful trader, with our 4 step plan:

Demo To Real Action Plan

1. Assign Some Capital To Trading
2. Open A Real Money Account
3. Calculate A Trade Size
4. Start Trading!

You already know how to place trades as you have tried it on the demo account. So let us build on each point with some detail;

Assign Some Capital

You need to set aside some capital. How much is up to you but £250 to £500 is a reasonable minimum, any less limits the number of trades you can make. Trading is high risk, so you need to be prepared to lose some or all of this money. If the minimum deposit at a broker is less than you have, you dont need to pay it all in – just set it aside.

Open A Real Money Account

You do not have to use the same firm as your demo account, but this will be the easiest transition. Visit the broker page if you want to try someone new for the real account.

Calculate A Trade Size

How much will you risk on each trade? 1% to 2% is a good conservative number. If you make 50 to 100 trades, you will be well placed to know if you have what it takes to be profitable trader. Any less and you will not know if the results were just good or bad luck. 100 trades starts to separate winners from “unprofitable” traders.

Start Trading!

Congratulations, you are a trader! Now, are you a winning one?…

Opening a Demo Account

Most demo accounts are easy to open, whether it’s for cryptocurrency or binary options of 60 seconds. The majority of the time, you will simply have to head over to the broker’s website and fill in a straightforward form.

You will usually be asked for:

Often you require no more details than this. Your account login details will then be emailed to you and instructions on next steps will be given.

You can even find some forex demo accounts that require no registration at all.

Reviews

Whether you are looking for the best demo account for share trading on the stock market, commodity trading, futures, forex or binary options, some of the top options have been collated below.

This will allow you to find the right software and offering to compliment your trading style whilst give you exposure to your preferred markets.

MetaTrader 4 Demo Account

The most popular trading platform is MetaTrader 4 (MT4). However, you can also get MetaTrader 5 (MT5) demo accounts. These industry standard platforms are now available at most retailers.

Once you have finished your MetaTrader download, you will be able to analyse markets using a range of technical indicators, without risking any capital. This allows you to practice analysing price action, chart figures, support and resistance lines, currency correlations, and more.

In addition, demo accounts on MT4 can be opened in a desktop platform, plus in mobile applications. Both will also allow you to test automated strategies, calling on historical data to optimise your settings.

Once you have your MetaTrader account password, you can practice all of the above until your demo account expires. However, you will find plenty of brokers offering MT4 demo accounts that don’t expire. This means you can benefit from live quotes from all markets, as well as a virtual portfolio, allowing you to practice under real market conditions, for as long as you want.

You also benefit from diversity. So, you can choose between MT4 demo accounts in gold trading and FX, just to name a couple. In fact, because MT4 demo accounts have no time limit, you can try your luck in as many markets as you like, until you find the right product for your trading style. MT4 demo accounts are also available in plenty of countries, from the USA to the UK.

Overall, once you have your MT4 password, you are free to test your strategies for as long as you wish, as most MetaTrader demo accounts are unlimited. They provide the ideal risk-free way to identify where your strengths lay and which areas of your trading plan require attention.

IC Markets

One of the best forex demo accounts is provided by IC Markets. Their forex account is easy to use. It comes with a range of sophisticated charting and trading tools, whilst their website promises a wealth of support and an active user community.

Another major benefit comes in the form of accessibility. You can open a forex demo account from the USA, UK, Canada, Malaysia, Indonesia, and a whole host of other countries.

In terms of technical capabilities, IC Markets support a range of platforms. So, you can select their forex account and get an MT4 download. Alternatively, you can practice on MT5 or cTrader. Also, you can choose between a forex web platform or mobile trading, on both Android and iOS.

IC Markets forex demo account also has no time limit or expiration. So, you don’t have to put real capital on the line until you feel confident.

Overall, if you’re looking for free demo accounts for forex trading, that can be used for an unlimited time, IC Markets is a strong contender. They consistently score highly in reviews of forex demo accounts.

Plus500

For demo accounts using CFDs only, Plus500 is worth considering. Reviews highlight traders are impressed with the great flexibility, high-quality software, plus competitive spreads when you upgrade to real-time trading.

Another key selling point of Plus500 demo accounts is that they do not expire, meaning you can practice indefinitely. On top of that, you can backtest strategies and get familiar with the nuances of the forex market, all with zero risks.

In addition, head over to the app store and you can get a demo account on your iOS or Android device. This will allow you to practice on the way to work or at a time convenient for you.

Simply head over to their website and select ‘Demo Mode’ in the ‘Select Account Mode’ window. Then follow the on-screen instructions to get set up. Also, you can switch from Real Money mode to Demo by hitting ‘Switch to Demo Mode’. Not to mention, you can reset Plus500 demo accounts if you want a fresh start.

So, if you’re looking for a full demo account without needing a deposit, Plus500 is a worthwhile choice.

Etoro

If you’re looking for crypto, CFD, or forex demo accounts, Etoro is worth exploring. In fact, once you have registered on their website, a trading account with both real and demo modes is automatically opened.

After you’ve logged in, you simply need to select ‘Practice Trading Login’ on the main screen and enter your Etoro login credentials that you registered with.

Etoro is a sensible choice for those looking for a free forex demo account download without a time limit. In addition, demo accounts on Etoro can also be reset.

On top of that, you can get their forex demo account in app form, where you can play around with up to €10,000 in virtual funds. Also, app reviews have been quick to highlight the sleek and easy-to-navigate interface.

A demo account in Etoro will also allow you to practice your skills in trading competitions. Furthermore, it’s an ideal choice for those looking for demo accounts without a deposit required.

Summing Up

There are plenty of options out there. An MT4 demo account that does not expire could well prepare you for any number of potential markets. However, remember a forex demo account vs live real-time trading will throw up certain challenges.

So, be wary of those that claim ‘demo account trading is a must in my view’. Instead, consider your needs and look for demo accounts that can replicate real-time trading as accurately as possible, including spreads and trade tools.

NSE Demo Trading Accounts

There are now plenty of options for individuals looking for demo accounts for the NSE (National Stock Exchange of India). In fact, demo accounts for stock/share trading in India are on the rise. Both individuals and retailers are swiftly realising demo accounts can prove useful in the often volatile marketplace.

However, it is worth considering whether a minimum deposit is required. You should also check whether advanced trading tools will come with an additional charge when you upgrade to a live account. Finally, how long do you have access to their practice offering? Is it unlimited or will you have to look elsewhere after a short while if you’re not ready to upgrade?

It’s also worth noting you can find demo accounts for commodity trading in India. On top of that, there are binary options demo accounts, without needing a deposit. Furthermore, a number of brokers offer futures demo accounts for an unlimited period. So, it’s worthwhile shopping around before you sign up.

Final Word

You do not have to risk your own capital straightaway. You can find plenty of free day trading demo accounts, for binary options and cryptocurrency to forex and stocks. Location should also not deter you. For example, you can find demo accounts for stock trading in Singapore as easily as you can in South Africa.

Overall, demo accounts offer a multitude of benefits, from honing a strategy to getting familiar with prospective markets. However, there are certain limitations, from tackling different emotions to seeing the need for an effective risk management strategy. But regardless of whether you think using demo accounts is very helpful or not, they remain an effective way to test a potential broker and platform.

Top brokers for this week

Max Payout Min Deposit Min Investment Score
100%* $ 10 $ 1 98/100 IQOption.com Review
95% $ 10 $ 1 97/100 ExpertOption.com Review
92% $ 10 $ 1 96/100 OlympTrade Review
91% $ 5 $ 5 96/100 Binary.com Review

* in case of correct prediction.

A Genuine Trading Revolution – Binary Options

Looking for a way to earn some extra cash? Or maybe even start a new career? Binary options trading will allow you to do that and much more. All you need to do is open your free trading account with one of the brokers. This exciting new kind of online trading has only recently started to develop, but already countless people are using it as a significant source of income. The concept is extremely simple – you pick an asset and predict whether its price will rise or fall. If you are successful, you simply collect your profit.

Of course, this does not just boil down to dumb luck. People familiar with market trends can make accurate predictions and earn a lot of money by doing so since there are many different strategies and methods which can help traders make their investment decisions. However, one does not have to be a financial expert to do this. Beginners can also participate and earn some significant funds in the process because all serious brokers offer various education centers. They are sometimes called trading academies and contain clever tips, helpful videos and detailed explanations. You may also find some interesting webinars or online courses there. They will allow you to discuss binary options trading with other people, learn from each other and clear up any misconceptions you might have.

Finding the right broker

But how do you find a good broker? Well, that’s where BinaryOptionsTrading-Review.com comes in. We assess and evaluate binary options brokers, so that traders know exactly what to expect when signing up with them. Our financial experts have more than 20 years of experience in the financial business and have reviewed dozens of brokers.

Being former traders ourselves, we know precisely what you need. That’s why we’ll do our best to provide our readers with the most accurate information. We are one of the leading websites in this area of expertise, with very detailed and thorough analyses of every broker we encounter. You will notice that each aspect of any broker’s offer has a separate article about it, which just goes to show you how seriously we approach each company. This website is your best source of information about binary options brokers and one of your best tools in determining which one of them you want as your link to the binary options market.

Why Binary Options Trading Review?

So, why is all this relevant? As you may already know, it is difficult to fully control things that take place online. There are people who only pose as binary options brokers in order to scam you and disappear with your money. True, most of the brokers we encounter turn out to be legit, but why take unnecessary risks? Just let us do our job and then check out the results before making any major decisions. All our investigations regarding brokers’ reliability can be seen if you click on our Scam Tab, so give it a go and see how we operate. More detailed scam reports than these are simply impossible to find.

However, the most important part of this website can be found if you go to our Brokers Tab. There you can find extensive analyses of numerous binary options brokers. Each company is represented with an all-encompassing review and several other articles dealing with various aspects of their offer. A list containing the very best choices will appear on your screen as you enter our website whose intuitive design will allow you to access all the most important information instantly. We will explain minimum deposits, money withdrawals, bonuses, trading platforms and many more topics down to the smallest detail. Rest assured, this amount of high-quality content dedicated exclusively to trading cannot be found anywhere else. Therefore, visiting us before making any important decisions regarding this type of trading is the best thing to do.

Would you like to trade forex?

However, that’s not everything we offer you. Online trading is more than just binary options, much more, especially if you have a thing for currencies. There is a whole industry dedicated solely to buying, selling and exchanging them directly. The foreign exchange market (also known as forex) turns over trillions of dollars every day, and you can join in on the action with just a few clicks. You will find many brokers in this industry too, with many big and powerful companies serving literally millions of traders every day. Choosing the right one may therefore be a challenge, but don’t worry – we will be with you every step of the way.

All you have to do is head to the BinaryOptionsTrading-Review.com forex tab where you will find a selection of the very best brokers this industry has to offer. In our extremely detailed reviews, we will show you absolutely everything you need to know about them. With our help, you will save hours in researching a company. We make things simple, clear and easy to understand. Once you finish a text, you will have all the information you need to make an informed decision on where you want to trade. And if you don’t like what you read, don’t worry: we have analysed dozens of top-tier brokers and are still producing high-quality articles on regular basis. Therefore, if you’re looking for an online trading partner, you will find the perfect one here. And yet, there is more.

The world of cryptocurrencies

Another big trading industry we cover here deals with the so-called cryptocurrencies. This latest trading trend is taking the world by storm, coins and tokens are going through the roof and it sure looks like we’re about to see another big trading revolution. More and more merchants are offering the possibility to pay for their products and services this way, too. The main advantages of this type of transactions are its speed and simplicity. The world of finance is changing dramatically, so if you want to be a part of that process and explore the countless new opportunities that will arise from that, BinaryOptionsTrading-Review.com is once again the best place to get informed.

In our crypto tab, not only will you find analyses of various exchanges and all details of their offer, but you will also be able to learn everything you want to know about this type of trading. How to acquire cryptocurrencies? Which technology powers them? What do they bring to the table? Our trading experts, who are always on top of this industry’s latest developments, will show you all that and much more. With us by your side, you know exactly what to trade, when to trade it and why. Therefore, the chances for your success will grow. Of course, we will also lay out in front of you the information you need to know about the most interesting exchanges out there, all with the same attention to details we show with the other two trading industries.

Additional features

Comments and reviews are by no means the only things BinaryOptionsTrading-Review has to offer. Our readers can also find some very helpful and completely Free Daily Signals. This feature is our gift to our readers. Consider it a token of appreciation for all the great feedback we get every single day from you. We hope that we can help even more prospective traders in the near future. Just enter your name, surname and e-mail address in a small form in the top right corner of your screen and you will be ready to receive these helpful tips. They are basically investment advice from our esteemed financial experts which often yield significant profits. This is because we only share with our readers those signals we believe to have the highest probability of success.

Apart from binary options trading signals, BinaryOptionsTrading-Review.com will also supply you with the latest news from the financial world. This way, you will always be aware of the most important events in the world of economy.

We cover the globe

We also pay close attention to non-European markets, especially those belonging to the United States and Asia. Therefore, if you happen to come from one of those regions we can still be very much helpful to you. Keep in mind that these markets may have different rules from the ones the EU enforces. That’s why some of the brokers aren’t available to traders from different continents. This makes the information we provide that much more valuable. You can learn all about these differences through our articles and here, once again, we have to emphasize our website’s great design. We have a huge amount of data for you, and you will be able to browse it effortlessly.

Occasionally, we will also provide you with links to other helpful websites containing definitions and explanations of various financial terms and expressions. Hopefully, this will help you learn everything you need to know about binary options trading much faster if you are still a beginner, but it can also provide some good suggestions where to look for new trading strategies if you are a more experienced trader. In any case, our goal is to provide you with the best imaginable support. The result of that will be you extracting as much profit as you can from your trades.

How to succeed with the help of Binary Options Trading Review.com?

To be successful in this line of work, patience and research are of vital importance. Here at BinaryOptionsTrading-Review.com, our goal is to help you save valuable time when searching for information about a particular broker. We take all the risks this kind of trading entails, so you don’t have to. With the right approach, binary options trading can become a significant source of income for anyone. It offers high returns on your investments and very attractive bonuses which are often a part of a broker’s website.

Furthermore, trades expiring after only sixty seconds or less are often also a part of a broker’s offer. This means that a smart trader can make a lot of profit in a very short period of time. What makes binary options trading so popular, however, is the fact that you know all parameters ahead of time. You know how much you need to invest, how much you can earn and the exact time of expiration. This significantly reduces stress and simplifies your planning since you know all possible outcomes of the trade.

Binary Options Trading Review – your best trading partner

To summarize, we can ease all dilemmas you may have by pointing you in the right direction at the start of your trading career. With countless articles behind them, our experts know exactly what makes a good broker and how to profit with them. These people from all around the world, from New York to Tokyo, have come together to share their enthusiasm for binary options trading which they believe to be the best opportunity for profit in a very long time.

With this kind of expertise, level of dedication and amount of work invested, there is absolutely no chance that you can find anyone who comes even close to our level of service. We are a world leader in this line of work for a very good reason, so if you want to quickly increase your budget or maybe even start a lucrative trading career, you know where to look.

IQ Option Review

IQ Option entered the binary options market in 2020 and immediately became a hit among traders. Their appearance enabled the whole industry to gain a lot of popularity, primarily because this broker offered access to binary options trading for next to nothing. This allowed many people to see what this type of trading is all about without ever having to invest any big amounts. Of course, had this been the only good feature about this broker, the company would never reach the status it enjoys today, and we are here to show you why IQ Option is one of the best choices you can make when selecting a broker.

Today, their offer far exceeds that. After examining the company thoroughly, our experts will share their impressions with you in this IQ Option Review, so sit back, relax and let us introduce you to this great broker.

Trading platform

We begin this IQ Option Review with something new and very exciting because if there’s one thing that is certain to attract a lot of attention, it’s this broker’s new platform. IQ Option 4.0 brings a truckload of innovations to the table while retaining all the best and most important features.

This is the very first trading platform in the world based on WebGL technology, so you will be able to keep track of up to nine charts at the same time without having any trouble managing them.

Everything is perfectly designed and the platform’s functionality is absolutely superb. Loads of most popular tools and indicators are also available, with their selection being updated regularly, so you will have no trouble tracking an asset’s movements. Speaking of assets, there are more than 500 of them, and they are divided into stocks, ETFs commodities, currencies, and indices. There are also plenty of different technical indicators (MACD, Bollinger Bands, Volume, Alligator, RSI, MA, Parabolic SAR, ADS, ATR, Ichimoku cloud, CCI, Fractal, DPO, KDJ, Belkhayate Timing, and Stochastic and Awesome oscillators). Combine that with the five charting tools available – Bars, Candles, Hollow Candles, Area, and Line – and you get a platform with an incredible variety of options.

As of February 2020, the platform has two very interesting and helpful features that will help traders react even quicker than usual. From this point on, every asset has its Asset profile. Just click the info button below the asset’s name when you’re on the platform and its profile will pop up to give you a short overview and inform you about the trading conditions in real time. The other feature is a detailed Market analysis which collects all the news from the financial market and sorts them in four categories. Therefore, you never have to leave IQ Option platform to browse the internet for the latest data. Everything will be just a click away.

To top everything off, the returns you can get here sometimes get as high as 100%. These are the highest returns in the industry! In addition to all that, the best financial agencies remain IQ Option’s data providers, so you can rest assured you’ll have the latest quotes at your disposal. Keep reading, this IQ Option Review still has a lot to cover.

General Risk Warning: 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.

IQ Option Mobile Trading App

As is the case with all serious companies in this industry, IQ Option also has a way to provide you with a way to trade on the go. However, the thing that sets this app apart from most other similar products is the fact that it can be downloaded to pretty much any platform and operating system you can imagine.

We’ll start with what more experienced among you will already expect – IQ Option iOS and Android versions are readily available, meaning that you can head on over to Google Play or the App Store and download your app completely free of any charge. Your mobile device will therefore allow you to access all of the most important features of the company’s offer (low financial requirements, free demo, non-stop support etc.), plus you will even have access to trading cryptocurrencies through CFDs.

IQ Option Trading Platform 4.0

But that’s not all. There are other versions of the app you can download, but these are primarily designed to be used on your desktop and laptop computers. Naturally, IQ Option Windows version is there for you to enjoy, as is IQ Option Mac version, but Ubuntu users weren’t forgotten either. You can get these apps from the download page of the broker’s website and there you will also find the system requirements for each version of the app. Of course, all of this is free.

So, no matter what kind of device you have on you, you will be able to trade with this broker. IQ Option Mac, IQ Option iOS, IQ Option Windows and other great choices will help you stay in touch with the market. And there really is a lot to stay in touch with – the amount of assets is extremely impressive here. Read on and choose your target.

IQ Option Cryptocurrenies

In the last year or so, cryptocurrencies have become immensely popular with online traders. There are hundreds of coins you can invest in, and the market is extremely vibrant and exciting. IQ option cryptocurrencies are an excellent example of how in tune with the market this company is because they have gone all out on this right from day one. 17 different coins are available for trading, and all of them are the industry’s most popular assets. Each can be analyzed quickly and thoroughly and bought with a single click.

But IQ Option cryptocurrency trading stands out from the crowd thanks to an important feature – multipliers. You see, with this kind of trading you can get x5 multiplier, which will effectively mean that all your profits (and losses) will be calculated as if you had invested five times more. In other words, even if you’re not investing a lot, with this multiplier your crypto investment can become absolutely huge. At the same time, you can also benefit from even the smallest market movements because they can be magnified significantly if you’re using a multiplier. But on top of all that, IQ option cryptocurrency section has another surprise for those of you who are interested in this type of investment. A really big surprise. So big, in fact, that it deserves a paragraph of its own in our IQ Option Review.

IQ Option Available Cryptocurrencies

IQ Option Hodly

IQ Option Hodly is the broker’s crypto wallet which allows you to store, but also buy and sell various cryptocurrencies. A product like this is not found very often when you’re examining what other brokers have to offer, so we can certainly give these guys points for originality in this case. Yes, you can buy and sell cryptos directly from your Hodly wallet, which is a huge advantage. This is done through an exchange that comes with the app, so you don’t have to worry about a thing. On top of that, all transfers between Hodly users are completely free.
Apart from this, we have to say that this wallet is very easy to use thanks to its excellent design. More importantly, though, it is also extremely safe to use because most of the funds are kept offline. In addition, your data will be protected by encryption and a two-factor authentication system. Since IQ option is behind it, you can be sure Hodly adheres to all the standards a wallet of this kind should have implemented. Other interesting and helpful features are also present, but we will let you find some things out for yourself. You’ll be delighted when you do. But the bottom line is that crypto-wallet is an excellent choice for both pros and beginners because o its usefulness and simplicity. Now that we’re done with the crypto part of this IQ Option Review, we can take a look at another very important type of trading that is offered to you here.

General Risk Warning: 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.

IQ Option CFDs

As time passed and the company kept developing, it soon became apparent that IQ Option CFDs have to be introduced. Today, this is one of the most popular modes of trading on the broker’s website. Everything you need is here: loads of assets you can use this type of trading on, stop loss orders, take profit orders, and pre-orders you can set in order to manage your trades more efficiently when you’re not in front of your computer. There are also plenty of tools to help you predict market movements accurately.

Since we’re on the subject of stop and loss orders, we would like to draw your attention to a very useful tool, which helps a lot with IQ Option CFDs, but potentially with other forms of trading too. The platform on this website comes with the autoclose feature which allows you to automatically exit a trade once a certain amount is reached. The feature works on the basis of percentages, so you will need to determine how big of a percentage loss you can stomach or how big a profit you want to take. Of course, you can potentially miss out on some great profits this way because the price may continue going your way even after the autoclose feature does its job, but on the other hand, it’s great for preventing significant losses.

But back to IQ Option CFDs. The main financial requirements remain the same, only you never have to worry about expiration times here. As long as the market is heading your way, you will profit with IQ Option CFDs. Stocks, forex and crypto are the main types of assets you can use CFDs on, but there were some innovations in that regard on this website, and we will talk about them in just a minute. What we have to say first is that you can expect leverage here in full accordance with the rules of the European Union, which is another excellent example of how careful this broker is that everything is done by the book. In addition, it is also very easy to acquire information about the asset you want to invest in while on this website, which is another big plus here. But if you want to trade on this website, you will need to open an account. Here’s what you need to know about that.

Accounts

The next part of our IQ Option Review will deal with the broker’s account types. Apart from a completely free IQ Option Demo Account which doesn’t even require a deposit from you, there are two more possibilities for you to choose from – Real and VIP account types. Both of them are extremely well equipped and they offer some very interesting features, too.

IQ Option Demo Account

The VIP account offers some additional useful features such as monthly analysis or a personal manager. You will notice we haven’t yet mentioned the minimum amounts needed to start trading with this broker in this IQ Option Review and that’s because we have a separate paragraph for it. Read on, it’s just below.

General Risk Warning: 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.

Financial requirements

Financial requirements are what propelled this broker to the top of this industry and our IQ Option Review would be seriously lacking if we didn’t mention them. In fact, our regular readers will know that we declared this company to be the Best Binary Broker in 2020 in this particular category.

So what’s so special about IQ Option? Well, your minimum deposit requirement is only $10, for starters, and you won’t find better deals anywhere else on the market. With these ten dollars, you can open a Real account and enjoy all the benefits it has to offer. Furthermore, the minimum trade is set at only $1 (for binary and digital options), $20 for forex and CFD positions and $30 for fx options, but you can invest up to $5000, which provides you with complete control of your account funds. Again, you won’t find a better deal anywhere else. Want to make a withdrawal? You only need two dollars in your account for that!

Finally, we should mention that the total amount of deposits should exceed $3000 if you want a VIP account, which is, once again, way below anything other brokers have to offer when it comes to their top-tier account. But it’s not just the low requirements that make this broker so attractive – high payouts are pretty important, too. As a matter of fact, payouts of up to 91% in case of a correct prediction are among the highest in the industry, so you really can’t go wrong with this broker. (November 2020 update: – There are some assets at the moment where IQ Option is offering 100% return on investment). With this topic out of the way, we still have some things left to discuss in this IQ Option Review, so stick with us just a bit more.

IQ Option Deposit

IQ Option deposit methods and safety

If we want this to be a good IQ Option Review, we have to analyze how safe transferring money to and from your account actually is. First of all, we have to say that this is a CySEC regulated broker, meaning the company fulfills all the necessary requirements of the EU. Numerous prizes also prove that IQ Option takes their clients’ safety very seriously. However, due to specific legislation, the broker cannot accept traders from the following countries: United States, Russia, Canada, Australia, France, Japan, Belgium, Turkey, Israel, Iran, Syria, and Sudan.

When it comes IQ Option Deposit Methods, you get to choose between bank wire transfers, Visa, Maestro, and MasterCard credit cards and several online transfer methods such as Webmoney, Skrill, Neteller and much more. Everything this broker has to offer is designed to make this type of trading as accessible as possible, so all you have to do is find the winning IQ Option Pattern.

Recently, however, more good news appeared concerning IQ Option payment methods. You now have more options than ever before because the broker has added AdvCash to the list, which is a method pretty much all countries can use, even Brasil and China. Furthermore, TrustPay is now available for traders from the Czech Republic and Slovakia, Przelewy24 for Poland, MyBank for Italy, Trustly for Germany, Entercash for Austria and Germany, and Giropay also for Germany. Therefore, you really can complain anymore about IQ Option payment methods one bit.

But probably the biggest win in this respect the company has achieved is introducing IQ Option PayPal deposit. It took them a while, but even PayPal could not resist partnering up with an illustrious broker like this. When it comes to online transactions, you can’t do any better, so think of this partnership as the ultimate proof of IQ Option’s quality and reliability.

IQ Option Bitcoin deposits are also an option, which has to be mentioned in this IQ Option Review, too! However, the process is a bit more elaborate here because you will have to have a Cubits account to make this work. From your Cubits account, you will be able to easily transfer your funds to your trading account. The great thing about IQ option Bitcoin deposits is the fact that through Cubits you can actually pay in fiat currencies and then exchange that for BTC. Your funds should be visible in your account balance as soon as Cubits verifies the transaction. But this is just the beginning of new features that have been added here recently. IQ Option Review has more!

IQ Option Deposit

New and unique features

Don’t think that new IQ Option features boil down to adding a new indicator every now and again (they actually do that very often and quite regularly, so you will always be on top of things). Oh no, things are much more serious than that.

Traders will love the fact that a whole bunch of currency pairs were added to the offer recently, so now you can invest in about 40 new pairs which contain some pretty exotic things like MXN or TRY, for example. On top of that, some new CFDs have also become available, but these focus on commodities. That boosts the number of IQ Option CFD options by quite a bit. Finally, cryptocurrency traders have something to look forward too, since Bitcoin x100 has been made available, as well. More casual crypto traders will be able to mage larger moves this way.

Apart from new trading assets, new IQ Option features that can help you get the right piece of information at the right time have also been added. Not too long ago, new IQ Option indicators were added to the list. KDJ, Ichimoku Cloud, Belkhayate Timing and DPO are now there to help you. They are excellent to have around when you’re looking for trends, but Belkhayate Timing is actually an oscillator, so you can get an idea when you should enter or exit a trade. Definitely, these new IQ Option indicators prove that the company is very careful when if comes to providing the latest features to its clients.

But that’s just the beginning. The broker’s Smart Newsfeed can also help out a lot. Now you don’t have to waste valuable time checking various sources for the latest market news. With Smart Newsfeed, everything you need to know will pop up if you click the market Analysis button when logged in. After that, you will see the condensed version of the most important news , and then you can take it from there. The thing is, depending on what your interests are, you will get the relevant news from that field. Ingenious, right?

A new IQ option feature has appeared in the chart section, as well. More experienced traders among you will definitely want to check out Heikin-Ashi. It’s a new type of candlestick charts, but with a twist – it can easily serve as a trading indicator due to the way its main four points are calculated. With just a little bit of practice, you could gain a powerful tool in predicting future movements. Just check the Chart Type part of the platform and choose Heikin-Ashi. It’s as simple as that.

Consider this: all these features have been added in the last couple of months or so. Therefore, you can clearly see that the company is working day and night to make sure their offer is always up to date. But we have just scratched the surface here. IQ Option Review brings you more amazing features.

Investing in options with IQ Option

IQ Option as a name was carefully chosen for this company. They started out as a binary options broker, but now they offer two more types of options – digital and the aforementioned FX options. You probably know already how binary options work: simply choose an asset and try to predict whether its price goes up or down. You can also set your expiration date to be anywhere from 60 seconds after opening your trade to the end of the month.

IQ Option digital options are a bit different. Here, you choose the strike price yourself (i.e. the point an asset’s price has to reach). If that point is reached and depending on how much it is surpassed, you can get returns for your investments of up to 900%! Another difference is that you can only trade in intervals which last between one and five minutes, so you have to be quick to act. Exciting, isn’t it? However, we have to point out that due to strict EU regulations, both IQ Option digital options and binary options are available to professionals only.

Fortunately, if you’re a casual trader, there is no reason to worry. Just a few weeks ago the broker introduced their new fx options, a unique product perfectly aligned with the latest ESMA regulations. FX options come with more freedom and choices to manage your trades however you see fit even before they reach their expiry time. Surely, forex traders will love this. So, digital, binary and FX options, the choice is yours with this broker.

IQ Option Review – Conclusion

Without any doubt, IQ Option is among the very best brokers in the world, and we hope this IQ Option Review explains why. Clever business policy and its flawless execution attracted tens of thousands of traders to this company. With minimum investments, you can really see what binary options trading is all about and you will be extremely well protected every step of the way. A great new platform will also help you have a perfect trading experience, plus you can download the broker’s app in several different versions. But you don’t even have to spend any money if you just want to check things out here – simply open a demo account see what the broker has to offer that way. However, in that case, you’ll be missing out on all the thrills all types of online trading can provide, thrills that are certainly worth a dollar or two. So open an account with IQ Option today if you want a complete trading experience.

General Risk Warning: 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.

DISCLAIMER: Binary options are prohibited in EEA.

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