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iq option demo account setup - video for beginners with strategy
In this video, I will go over some extra tips and the necessary things you need to do for setting up your Iq option demo account.
I will go over to refill your demo account when it's empty, show you how and why you need to download the app for better performance, set up your indicators, and in the end, I will show you a simple beginner strategy to get started with your demo account.
If you want to learn more about the trading game, check our website for more trading information.
Visit our site and a related article here:: https://www.iqoptionwiki.com/registering-iq-option-account/
GENERAL RISK WARNING
The financial services provided by IQ option 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.
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IQ Option Fees and Commissions | Trading IQ Option Wiki
Welcome to another new video from the Trading IQ Option Wiki channel. In this video, I will discuss in detail IQ Option Fees and Commissions.
For more additional information you can visit our website article about this video:
https://www.iqoptionwiki.com/iq-option-fees-and-commissions/
If you are new to trading then I would like to introduce you to IQ Option. Unlike most brokers, IQ Option charges little to no commissions and fees. In fact, there are no hidden costs. Apart from offering its users a smooth experience, this is also one of the main reasons it is among the most popular brokers in the trading industry.
With IQ Option, you will be able to safely trade, free from high inconsiderate commissions and fees. In fact, there are no trading fees. A trading commission is money that is charged when a trader opens or closes a trade. By not charging this fee, IQ Option has stood out from most trading brokers and pulled back from the middleman notion.
Fees Connected to Particular Trading Instruments on IQ Option.
CFDs on Forex
Spread is a one-off cost and it is the difference between the ask and the bid price. This difference is displayed in pips and indicates the opening cost. The spread varies depending on the time, trade size, volatility and liquidity, and other factors. For instance, the spread is 2 pips when the ask (buy) price for the underlying asset traded at 1.2039 is at 1.2040 and the bid (sell) price is at 1.2038.
A swap fee is charged for keeping a trading position open through the night. It is normally 0.01% to 0.5% though, in some extreme conditions it can reach 1.7% of the face value of the transaction. The fee is three times higher when you hold the position open from Friday until Saturday.
CFDs on Cryptocurrencies
Spread is the difference between the ask (buy) and the bid (sell) price. Let's take BTCUSD as an example. Let's say it is traded at 30,000. You might see the bid/ask price on IQ Option as 29,600/30,400. In such a case the spread is 800.
A swap fee is an ongoing cost for holding the position open overnight. It is generally from 0.01% to 0.5% but in extreme conditions, it can reach 1.7%. It triples on Friday.
CFDs on Stocks
Spread. If the underlying asset Tesla/USD is traded at 600, the bid/ask price could be at 599/601. The spread in our example is 2.
IQ Option has the right to charge a swap fee from 0.01% to 0.5% of the face value of the position that remains open overnight. In extreme conditions, it can reach 1.7% and it triples on Friday.
CFDs on ETFs
Spread is the difference between the bid and the asking price and it depends on many factors.
Swap is the fee taken for holding the position open overnight and is equal to 0.01% – 0.5% (in special circumstances up to 1.7%) of the face value of the position. It is three times higher on Friday.
CFDs on Commodities
Spread, as a difference between the ask (buy) and the bid (sell) price is presented in pips.
Swap fee, 0.01% – 0.5% (in special circumstances up to 1.7%) of the face value of the position is charged for keeping the position open overnight. It triples on Friday.
CFDs on Indices
Spread is a difference between the ask (buy) and the bid (sell) price and reflects the cost of opening a transaction.
A swap fee is taken for holding the transaction open through the night. It is 0.01% – 0.5% (in special circumstances up to 1.7%) of the face value of the position. It triples on Friday.
Binary Options on Forex, Stocks
There is no spread in binary options.
There is no swap fee either.
Digital Options on Forex, Stocks
There is no spread in binary options.
There is also no swap fee charged.
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The 5 Famous Long Time Frame Patterns – Trading on IQ Option | Trading IQ Option Wiki
For more additional information you can visit our website article about this video:
https://www.iqoptionwiki.com/head-and-shoulders-pattern-on-iq-option/
https://www.iqoptionwiki.com/double-tops-and-bottoms-iq-options/
Welcome to another new video from the Trading IQ Option Wiki channel. In this video, I will discuss in detail The 5 Famous Long Time Frame Patterns.
What's up guys is Bart here from IQ Option Wiki. thank you for watching. Today I want to put a video for five famous long time frame patterns. We still haven't talked about it. and I think it's important to know the longer time frames even. If you're only trading shorter time frame binary options. Maybe that there is an upcoming up-and-coming trend reversal coming. So we go to my website here I caption wiki calm you see here the first one we already talked about this one the double top and double bottom is also known as the big hoof and all the longer time frames.
You scale-out they're very very common goes up retrace this a little bit goes up to the same resistance point and then goes down and then breaks down to the downside and if we reverse that pattern then it also works for the bottom. If you continue lower here we have the head and shoulders very famous very popular a parent appears a lot often.
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GENERAL RISK WARNING
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The financial services provided by the Iq option 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.
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Be consistent Trading IQ option | Trading IQ Option Wiki
For more additional information you can visit our website article about this video:
https://www.iqoptionwiki.com/make-money-every-week-iq-option/
Welcome to another new video from the Trading IQ Option Wiki channel. In this video, I will discuss in detail Be consistent Trading IQ option.
Guide to make a weekly profit on IQ Option
The month of January ended fairly profitable for me. Although profits dipped during the last 2 weeks, I still did manage to make at least $100 each day. Overall, my January profits were around $1700.
Ever wondered how you can consistently make profits trading on the IQ Option platform? Read this guide for answers.
How do I manage to consistently make profits on IQ Option while the majority of traders struggle?
Patience plays a huge role
At times, I'll enter less than 4 trades in a day. Why? I discovered that trading just for the sake of it won't make me money. I must identify the perfect market conditions before I consider entering into a position. This means patiently reading the charts for hours.
Depending on the trading strategy I'm using, I'll need to analyze the markets until they're favorable enough for me to apply the strategy. In addition, I won't try to change to a different market just because my chosen market doesn't have the conditions I prefer. Trading successfully is a waiting game.
Once the right market conditions present themselves, I know that my trades have a higher percentage of winning. It's just like a highly trained sniper. He needs to wait until all conditions are favorable before taking the shot.
What is your strategy for making consistent profits on IQ Option? Please share them in the comments section below. Good luck!
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IQ Option Review 2021 – The Lazy Traders ‘s Guide to Know Everything | Trading IQ Option Wiki
For more additional information you can visit our website article about this video:
https://www.iqoptionwiki.com/iq-option-review/
Welcome to another new video from the Trading IQ Option Wiki channel. In this video, I will discuss in detail IQ Option Review 2021 – The Lazy Traders‘s Guide to Know Everything.
IQ Option Review:
IQ Option is one of the best-known binary brokers, and most people have reviewed it as a top-notch solution. It is more of a representation of what binary trading platforms should look like in the coming years. IQ can be termed as all-around software that accommodates all traders' needs, and it is, therefore, something that I can confidently recommend.
IQ Demo Account:
You can access the Demo account on Android, PC, and IOS. It is recommendable that you try out the free Demo option first so you can evaluate the platform and understand it better. The Demo account reviews show that it is a good platform, but you should give it a free trial first. You can always recharge the available virtual cash if it goes down to less than $5000.
Is IQ Option Legit?
We will answer this in terms of whether the IQ option is verified or it is something you should worry about. For starters, IQ Option Europe LTD is accredited by CySEC, and Cyprus approves it and is authorized by EEA. IQ Option does not only operate in Europe, but also it works in other regions, but it is registered under the name IQOPTION LTD and registered at Gredaniesand St. Vincent. IQ option is well-regulated, and that is a plus. However, the major drawback is that they do not accept traders from Israel, Australia, Canada, Japan, Sudan, Iran, Palestine, N Korea, USA, Syria, Latvia, and Belgium.
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#Charts #Tools #Indicators #Customer_Service #Deposit_Options #Expiry_Period #IQ_Option_Deposit #Withdrawal
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Three Tricks Options Brokers Use to Take Your Money | Trading IQ Option Wiki
Welcome to another new video from the Trading IQ Option Wiki channel. In this video, I will discuss in detail the Three Tricks Options Brokers Use to Take Your Money.
For more additional information you can visit our website article about this video:
https://www.iqoptionwiki.com/method-to-win-trading-iq-option/
Three Tricks Options Brokers Use to Take Your Money and Simple Way to Avoid this In earlier years, options brokers used to manipulate price charts – to their benefit. Then financial authorities came along and clamped down on these activities. So brokers found new ways to make money from traders. Well, online platforms are built to make money from traders. But besides legal ways such as spreads, they have a bag of tricks that are meant to make more money from you and deposit it into their pockets.
Here are three common tricks they use.
Short trading time frames
This trick is founded on human emotions. Primarily greed.
Many options traders hit the markets wanting to make money fast. The solution is the 60 second (or even 30 seconds) trade.
Brokers know that it's difficult to know where exactly the markets will head within a 60-minute time span. With price fluctuations occurring every millisecond, a 1-second fluctuation can make a trade go against you. Every 1-minute losing trade means more money for your chosen online broker and a dent in your account balance.
Trading commissions
Whether you agree or not, every trade you make attracts a small commission. Consider an option with a 75% return. Where does the remaining 25% go? This is a “hidden” commission the broker charges to facilitate the trade. Now consider the fact that many traders opt for short-term 1-minute trades. This means that if 100000 winning trades are entered within a single minute, the 25% commission is multiplied exponentially.
Commissions cannot be avoided, but you can make sure that you pay less in commissions by simply trading less.
Many online options brokers will give traders the opportunity to exit a trade before it expires. Of course, you will not get all your initial investment back if the trade was losing. On the other hand, an early trade exit on a winning trade will earn you a fraction of the profits you could have made.
The remaining amount will definitely go to your broker.
Exiting a trade is only recommended if the trade is going against you and you believe that the markets won't turn around. This way, you will forfeit just a portion of your initial investment. Otherwise, wait until the trade expires to earn all your profits.
How do you protect yourself from these 3 tricks?
Trading to a large extent is a game of patience. You should patiently test a trading strategy on the IQ Options practice account to verify its effectiveness before implementing it with real money.
I usually recommend trading longer time frames that last at least 5 minutes. This implies that you must patiently analyze the charts until the right market conditions present themselves. Most successful traders will spend hours analyzing the price charts waiting for the right conditions to present themselves. It can be difficult at first to wait for a whole 5 minutes to see how your trade turns out. But if you've done proper analysis and use a good strategy, you should find that most of your trades turn out winners.
Commissions cannot be avoided. However, you can ensure that you pay fewer commissions by trading fewer times. This coupled with making more winning trades means that you'll get to keep most of your profits to yourself.
Finally, avoid exiting trades early. If you enter trades that last 5 minutes or more, chances are that you won't have to worry too much about the markets going against you. This in turn means you won't have to exit active trades often.
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Choice the Right Currency Pair for You | Trading IQ Option Wiki
Welcome to another new video from the Trading IQ Option Wiki channel. In this video, I will discuss in detail Choice the Right Currency Pair for You. Which Currency Pair Should You Trade on IQ Option? How to Choose.
For more additional information you can visit our website article about this video:
https://www.iqoptionwiki.com/choosing-currency-pair-to-trade-iq-option/
When trading digital options on IQ Option, you can choose among different financial instruments. These include forex, commodities, stocks, and cryptocurrencies. 92% of traders opt to trade forex options compared to the other markets.
The main reason is that these options have better returns that usually exceed 80%. The currency pairs on offer are numerous, giving you more alternatives to choose from. In addition, unlike cryptocurrencies, currency pairs don't have high volatility making them easier to trade.
Compared to stocks and commodities, price fluctuations in currency airs occur more often. This makes it easier to enter several trades per day. If you're interested in trading forex options on the IQ Option platform, this guide will show you how to choose the right currency pair.
How to choose the best currency pair to trade on IQ Option
Many of the currency pairs are affected by news releases. This means that at some point during the trading session, the currencies will experience some volatility. I would advise you to avoid trading during these times especially if you cannot handle the heat that comes with high volatility.
Steps how to avoid trading during times when news is released
The first thing to do is to identify when different markets open based on your time zone. For example, a trader in Vietnam will benefit from the open Asian and European markets during the day. The North American markets on the other hand are open when it's nighttime in Vietnam.
Your next step will be to identify when news releases are common in different markets. All market news is usually released in the morning. But, consider the markets. If a news item affecting USD is released, it will be a late evening in Vietnam.
If a news item affecting GBP is released, it might be afternoon in Vietnam. Using this knowledge, you will have a good idea about when it's best to trade a particular currency pair without being affected by a news release. Using the above examples, you can trade the USD/GBP currency pairs during the morning hours.
During the evening sessions, you can trade the JPY/AUD pair to avoid any news released in North America.
You're probably wondering whether you should trade dozens of currency pairs trying to avoid volatility caused by news releases. I'll address this question next.
Trade just one currency pair
I know you think this would be leaving money on the table. With over 80 currency pairs on offer on IQ Option, why would you want to concentrate on just 1 pair? The reasons are explained below.
Learn your currency pair inside out
In trading, knowing your market plays a huge role in your success. How much time would it take you to truly understand the over 20 currency pairs – and profitably trade them?
Choosing just one pair shortens the time between learning and trading. It also makes it easier to transition between trying out a strategy on the IQ Options practice account and implementing it profitably on the real account.
Now using the steps to avoid news releases when trading, you'll know the exact time frames it's safe to trade your currency pair. So you won't be pressured to trade every single hour of the day just to make a profit.
You won't have many open trades running simultaneously
Think about this scenario. You're trading AUD/USD, JPY/AUD, EUR/USD, and AUD/EUR at the same time. Now, which one will you follow more closely? You want to make a profit in all trades. But what if they all lose? That's a lot of money to lose at once.
What is your favorite currency pair on IQ Option? Why did you choose it and what's your trading strategy. Share your thoughts in the comments section below.
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Guide to the IQ Option VIP Account | VIP Account Benefits | Trading IQ Option Wiki
Welcome to another new video from the Trading IQ Option Wiki channel. In this video, I will discuss in detail about Guide to the IQ Options VIP Account, VIP Account Benefits.
For more additional information you can visit our website article about this video:
https://www.iqoptionwiki.com/become-vip-client-iq-option
Guide to the IQ Options VIP Account Written by Niels Hammer in Guides
Overview of the IQ Options VIP account:
IQ Option offers traders the opportunity to open a VIP account. Opening one requires you have a larger initial deposit than normal accounts. But is this worth it? Yes. This account comes with perks normal account holders don't get.
These perks make trading and profiting easier. In this guide, we'll go through the steps necessary to open an IQ option VIP account. You'll also learn about some of the benefits you'll get as a VIP account holder.
How to become VIP in IQ Option?
The VIP account is only available to traders residing outside the EU and North America. To qualify, you'll need to make a minimum deposit of $1900 or have a trading volume of $15000 within a period of 3 months.
Other benefits VIP account holders get at IQ Option:
Higher returns on options trading How about an extra 2% above the regular 80% you would get on successful trades. One major benefit VIP account holders have over other traders is higher returns on successful trades.
This makes it easier to grow your account faster. The returns can be as high as 92%. This means even if you have losing trades, it's easier for you to recover the losses with a few winning trades compared to a normal account holder.
Another advantage of being an IQ Option VIP is that you'll get a personal account manager. The account manager simply helps with any issues regarding your trading account. This allows you to focus on trading. Another VIP account privilege is faster withdrawals processing.
Many of the VIP account withdrawals are processed within 24 hours. As a VIP account holder, you'll get access to all tournaments offered by IQ Option. Some high-paying tournaments aren't available to normal account holders. As a new VIP account holder, you'll also get 4 quality trading eBooks. These will get you started trading faster.
Considerations to make when opening a VIP account:
Opening a VIP trading account might bring you special perks. But this doesn't mean that you should leave your trading to your personal account manager.
Remember that this is your money. So it's your job to ensure that you keep it and make money from it. Trade your VIP account like you still have limited capital. All other IQ Option rules apply when using the VIP account.
IQ Option is also likely to keep an eye on your account just in case it's being used for money laundering. If you use your account for illegal stuff, it's likely to be shut down.
Thinking of opening an IQ Option VIP account? Be sure to contact their support team to know what other hidden perks they have for you.
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Guide to Using IQ Options Market Segment Indicator | Trading IQ Option Wiki
Welcome to another new video from the Trading IQ Option Wiki channel. In this video, I will discuss in detail about Guide to Using the IQ Option Traders ’Sentiment Widget.
For more additional information you can visit our website article about this video:
https://www.iqoptionwiki.com/use-sentiment-for-market-direction
Ever wonder what other traders are doing in the market? Trading philosophy dictates that you trade with the market, not against it. So when buyers are dominating the market, you should enter buy positions. Conversely, when sellers are dominating the market, you should enter into a selling position.
There are many ways to determine what position to take. These include trading along with the trend or trading based on a specific candle color. IQ Option provides another useful tool to help you analyze current market behavior. The Traders' Sentiment widget.
This widget appears on the left side of your chart. It simply shows what percentage of the market is buying or selling. This guide will teach you how to set up and use the Traders' Sentiment widget.
Setting up the Traders' Sentiment widget on IQ Option:
Once you've logged into your IQ Option trading interface, click on the indicators feature. Under the Widgets tab, select “Traders' Sentiment” check the enabled radio button.
This widget will be displayed on the left side of your chart. The upper part is colored red/pink while the lower part is colored green.
Using the Traders' Sentiment widget to trade on IQ Option:
This widget essentially tells you what the majority of traders are doing in real-time. When the market is dominated by sellers, you'll notice the red/pink zone gets larger. This is accompanied by an increase in the “lower” percentage value and a decrease in the “higher” percentage value. If the markets are dominated by buyers, the green zone will get larger while the “higher” percentage value increases. At the same time, the “lower” percentage value will decrease and so will the pink/red zone of the widget.
How do you trade based on the Traders' Sentiment widget?
The first type trades with the crowd. If the crowd's sentiment is to buy, these traders will enter buy positions. So if the green zone on the widget is larger and the “higher” percentage is higher than 50%, these traders will enter buy positions and vise versa.
The second type is the conspiracy theory type. They believe that the markets are being manipulated by the broker. This group will usually trade against the crowds.
Whatever group you belong to, I suggest that before you trade based on this widget, take a look at what the price charts are saying. If the widget signals buyers are dominating the market and the charts point to an uptrend, it's safe to trade with the crowds. If however, the chart tells a different story, trade against the crowd.
The Traders' Sentiment widget provides a quick way to know how a good portion of the other IQ Option traders is trading. Now that you've learned how to use this widget, try it out on the IQ Options practice account. Share your results in the comments section below.
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