IQ Option is a leading financial trading platform today. It’s even better than other popular platforms such as Olymp Trade, Binomo. Depending on its rank in similarweb.com, IQ Option is the most reputable trading options platform available in the financial market.
If you intend to make money from IQ Option, then this article will guide everything about IQ Option for you. What is IQ Option? How to trade for beginner? How to register and verify account? Guide to deposit and withdraw from IQ Option?
- 1 What is IQ Option?
- 2 How to make money online with IQ Option
- 3 How to trade in IQ Option from A to Z
- 4 IQ Option is a scam?
What is IQ Option?
IQ Option is a money-making channel that provides traders a financial trading platform (options and forex) based on underlying assets such as Currency, Stocks, Commodities, Indices, etc.
You can understand simply that trading options in IQ Option is also based on the price of the underlying assets. You have 2 options to choose over a specified period of time – increase (HIGHER) or decrease (LOWER). If your choice is correct, you will gain a profit from what you invest. I often call this investment is a bet. If you bet wrong, you will lose all the money from your investment.
IQ Option is an online financial trading platform regulated by CySEC Europe. The business registration number is HE327751 and the CySEC license number is 247/14. As an international financial exchange, IQ Option provides services to citizens of most countries around the world.
In addition, IQ Option is authorized by EEA (the world’s leading payment agency). Since its launching online in 2013, IQ Option has a significant development till now with more than 30 million trading accounts globally.
How to make money online with IQ Option
The first thing you need is an email account verified with security information of your own. All current online making-money channels use email for registration and transaction. If you don’t have a secure email account, you can’t participate in making money in IQ Option or anywhere else.
The second thing is a bank account with Visa or MasterCard logo. You can also find other banks that support IQ Option in your country here.
Note: IQ Option minimum deposit amount is $20.
Another way to make a quick deposit in IQ Option is via Skrill or Neteller wallet. If you want to create Skrill or Neteller account, you can read one of the following articles below.
How to trade in IQ Option from A to Z
Register for an IQ Option trading account
Open an account with a secure email. Use the same phone number you have registered with your bank account or Skrill/Neteller account.
Note: Registration is completely free. When you open an account, you are given $10,000 to experience IQ Option in your demo account.
Step 1: Click the register box below if you use a laptop or PC.
If you use Smartphone to trade IQ Option, you can download and install the application here.
Step 2: Enter your email account and password.
Step 3: Go to Email to confirm and activate your newly registered account.
How does IQ Option Work?
If you want to earn money when trading in IQ Option, you need knowledge and skills. And the practice account helps you learn and improve your skills. In the beginning, you will learn how to use IQ Option interface and how to open simple transactions.
Step 1: Set up IQ Option interface.
(1) Chart: You can choose any chart type. But candlestick chart is the #1 priority. Because most of the trading strategies in IQ Option involve candlestick charts.
(2) Candle time period: Let’s start with a 5-minute candlestick chart. This is the time period that most professional traders use.
(3) Indicators are specific signals for a high probability of winning. Gather many indicators to form an IQ Option trading strategy.
Step 2: Enter a trade in IQ Option.
(1) Select the trading asset: EUR/USD, AUD/USD, USD/JPY…
(2) Select the expiration time: 5 minutes or longer.
(3) Select the amount.
(4) Finally, click HIGHER or LOWER. If you bet the price will go up in 5 minutes, choose HIGHER. Conversely, choose LOWER if you think the price will decrease after 5 minutes.
Demo trading examples in IQ Option
Option 1: Choose LOWER with the expiration time is 15 minutes (10:30 to 10:45) => At 10:45, the price is lower compared to the entry point at 10:30 => Win
Option 2: Choose HIGHER with a 25-minute expiration time (10:50 to 11:15) => At 11:15, the price is higher than the entry point at 10:50 => Win.
Learn some safe IQ Option trading strategies
Making money is a plan. And this plan includes Trading knowledge (the reason to enter a trade), Capital management and Emotional control.
Step 1: The reason to enter a trade in IQ Option
There must be a signal and an entry point for you to open a trade. You can use candlestick patterns or a number of indicators to create a trading strategy in IQ Option. You can see some trading tutorials here.
• Reliable candlestick patterns when trading options.
• Reliable indicators in IQ Option.
Within the limits of this article, I will show a simple guide for beginners in IQ Option. It’s Weis Wave Volume indicator and Heiken Ashi candlestick pattern.
The reason I choose this indicator is that it requires you to open long trades. That means the expiration time is from 15 minutes or more. Remember you are new. Do not start with the 30s or 1-minute expiration time. It will only make you lose money.
Requirements: 5-minute Heiken Ashi candlestick chart + Weis Wave Volume indicator. The expiration time is 15 minutes or more.
How to enter a trade:
• Enter a HIGHER option when the Weis Wave Volume indicator turns from red to green + Heiken Ashi candlestick chart is green.
• Enter a LOWER option when Weis Wave Volume indicator turns from green to red + Heiken Ashi candlestick chart is red.
Step 2: Capital management strategy
It doesn’t matter whether you win or lose. What matters is how much money you earn when you win. And how much money you lose when your prediction is wrong.
In the end, do you have profits or not? All this depends on your capital management strategy.
You can read all capital management strategies in options trading here. Top 5 capital management strategies when trading options in IQ Option.
If you are a beginner, you only need to deposit $20 and trade $1 -$1 -$1 -$1. Our main rule is always to keep money at all costs.
Step 3: Wait patiently for the entry point
The rule to help you win in IQ Option trading is to Only open trades where the winning rate is so high that you are willing to trade with your money.
Price will always move and opportunities in this market will always repeat. The problem is at that time do you still have money in the account or not. Therefore, never open a trade that you are not sure. Please be patient. Wait!
How to verify IQ Option account
Before you intend to trade with your real money, you need to verify your IQ Option account. This is an extremely important step for you to secure your account. After successful verification, making deposits and withdrawals will be much easier.
Your identity verification request includes identity card/passport/driver license, phone number and the confirmation in your registered email.
You can see details on how to verify IQ Option account in this article: Instructions on how to verify IQ Option account from A to Z.
Deposit real money in your IQ Option account
Make sure you get used to trading and win when you practice in the Demo account. Now is the time to deposit your real money and start earning.
Trading for real and Demo is very different. Real money has a great impact on your emotions and greed. Therefore, you should only start with a small amount, about $20 for the first time.
How to deposit funds to IQ Option with 2 simple steps
Step 1: Select the method and thcae amount you will deposit in IQ Option
On the right corner of IQ Option interface, click the Deposit button.
Select the method you want to use. Visa, Mastercard or Skrill, Neteller wallet whichever is convenient for you to use. (2) Select the amount (3) Click on “Proceed to Payment”
Step 2: Complete the transaction process
Depending on the method you choose, you will fulfill its requirements to complete the transaction process.
For example, I use ACB to deposit funds into my IQ Option account.
Finally, after the process is successful, you will receive an IQ Option notification email that money has been transferred to your account and you can start trading with real money.
You can read more about other methods to deposit funds in IQ Option here. https://iqtradingpro.com/?s=deposit
How to withdraw funds from IQ Option
In IQ Option, if you earn money from your Real account, you can withdraw it to your bank or wallet account anytime you like. This is for sure.
Step 1: On the right corner (1) Click on the Triangle icon. (2) Click Withdraw Funds
Step 2: Complete the withdrawal information
(1) Select the account you wish to withdraw money to.
(2) Enter the account name.
(3) Enter the account number.
(4) Select the amount you want to withdraw. Finally, click on the Withdraw Funds.
IQ Option is a scam?
Are you wondering about this problem? Is it possible to make money from IQ Option? Or is IQ Option a scam?
You can read 2 articles.
• IQ Option withdrawal proof to online bank account
• Earn 30% profit in IQ Option only with reversal candlestick patterns
Trading strategies and rules can help you win in IQ Option. But your emotions and patience will make you lose money.
Therefore, before you think about making money, what you really need to practice is Patience and Emotional control.