HOW TO TRADE FX OPTIONS WITH IQ OPTION
HOW TO TRADE FX OPTIONS WITH IQ OPTION! European retail traders who fancy binary options will be pleased to know that IQ Option now offers an alternative to binary options – FX options. Retail traders from the European Union do not have access to IQ Option’s binary option and digital option instruments anymore due to ESMA (European Securities and Markets Authority) regulation, but they are now able to trade the FX options offered by IQ Option.
FX Options is a proprietary instrument that lets you trade currency pairs on short time frames (up to one hour). The concept is based on European options but enhanced by an opportunity to close the deal before it reaches maturity. The return potential for a successful FX-Option deal is unlimited, while the loss is confined to the initial investment.
IQ Option Broker Details:
- The minimum deposit is $10
- $1 Minimum Trade Size for Binary Options & 30$ Minimum Trade Size for FX Options
- Demo Account Without Deposit – Click Here To Open an Account
- Great Trading Platform for Crypto, Forex, Stocks, and ETFs along with Binary Options, Digital Options & FX Options!
- up to 95% Profit (*) – The amount will be credited to account in case of successful binary options investment!
- Great Trading Tournaments Every Month – (*) Tournaments are subject to Terms & Conditions and clients residing in the European Union can’t access to Trading Tournaments
- IQ Option Best Binary Options Broker. Trade Crypto, Forex, Stocks, and ETFs
Click on the button below to open an IQ Option account now:
Strike Price
With binary options, traders can only trade at the current strike price of the options contract but with FX options, they can choose between a number of different strike prices that are available at that particular time.
FX options have the advantage of much more flexibility when it comes to risk to reward ratios. On each individual FX options contract, traders cannot lose more than the amount they invest. However, because they can choose the strike price, they have the ability to alter the risk to reward ratio. So instead of being limited to a maximum payout of, for example, 90%, they can achieve gains which are basically unlimited.
IQ Option’s demo or practice account is really worth mentioning. It has all the features of a real money account and does not expire like many other demo accounts. With this demo account, traders can practice with $10,000 virtual money and acquaint themselves with the markets and trading instruments before trading with real money. This account can be topped up to the original value of $10,000 at any time, which is a pretty convenient feature. Traders can also switch between their real and demo accounts without even leaving the trading platform. Don’t forget that IQ Option’s demo account is yours to use free of charge!
HOW TO TRADE FX OPTIONS WITH IQ OPTION
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DISCLAIMER
- Deriv offers complex derivatives, such as options and contracts for difference (“CFDs”). These products may not be suitable for all clients, and trading them puts you at risk. Please make sure that you understand the following risks before trading Deriv products: a) you may lose some or all of the money you invest in the trade, and b) if your trade involves currency conversion, exchange rates will affect your profit and loss. You should never trade with borrowed money or with money that you cannot afford to lose.
- Binary options are prohibited in EEA
- Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions