Forex trading with IQ option?
Jun 21, 2021 at 08:08
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2 Replies
Jul 15, 2021 at 04:59
(edited Jul 15, 2021 at 05:04)
mdsh7864 posted:
The forex exchange market is one of the major offerings by IQ Option. It involves trading two currency pairs. That is, you are essentially buying one currency against another.
IQ Option offers over 85 different major currency pairs on their platform. This allows you to trade 24 hours each day for 5 days. This guide is for beginner traders who want to learn how to trade fx on the IQ Option platform.
IQ Option digital options on the other hand have a fixed return. Whatever you make as a profit is calculated as a percentage of your investment. This can be as high as 92%. In addition, the only loss you can incur is the amount you invested in a trade.
Many factors go into how much forex makes while with options it's just the amount invested
IQ Option traders changing from options trading to forex trading often find the forex market difficult. Why?
In options trading, only the amount invested plays a role in determining how much you will eventually make. Forex is a different animal altogether.
In IQ Options forex trading, a number of factors will determine how much you end up making (or losing). These include the spread, your investment, your take profit and or stop loss as well as the leverage. Time is also an important determining factor. With all these to keep in mind, many options traders consider forex a difficult market to make money in.
Wow, it sounds unprecedentedly beneficial and overriding for the world at large. I had heard a lot about major offerings by IQ Option, but I didn't know that this is so popular. For example I have been trading for many years and I have been using only Robinhood alternatives. I wasn't disheartened, and more I own a lot of money doing this. I will be enormously happy if I can combine what you offer with what I have already learned to do. I can never imagine what a turn to success will take my income and my knowledge in the given field
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https://youngandtheinvested.com/best-robinhood-alternatives/
Member Since Mar 16, 2021
477 posts
Aug 03, 2021 at 11:53
78678676 posted:Yes, I also used to trade in IQ options.
IQ options was the first ever broker I demo traded with and I have to say I wasn’t disappointed.
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