The uniqueness of the Indian broker IQ Option is that it is one of the few brokers who have created an authoritative trading platform for binary options (understandable to beginners) and added to it the functionality for classic Forex India trading. In other words, the IQ Option browser platform is based on up/down binary options trading technology and adds the ability to open trades based on classic MT4.
IQ Option in India
Unlike other binary options brokers, IQ Options is unique in that it uses its own custom-built platform for binary options trading in India. Investors like this trading platform because it offers trading speeds in increments of up to 5 minutes. IQ Options has binary options that go out in one hour increments of 15. At the same time, IQOption can last as long as one month.
IQ Option company was established relatively recently, but within a few years of its existence it managed to turn from a newcomer on the brokerage services market into one of the largest binary options trading in india. The main factor that facilitated such explosive growth was the combination of high quality and democratic approach – IQ Option managed to make binary options trading in India available for the widest range of people, without compromising the convenience of the platform, the quickness of the support service and the variety of trading instruments.
IQ Option in India offers one of the most favorable trading conditions among all brokers of binary options trading in India, minimum deposit of $10, possibility to open an account and withdraw funds as well as quite a wide range of deposit and withdrawal options (including Webmoney and Yandex.Money).
IQ Option binary options trading in India hours start early Monday to Friday 24 hours 5 days a week.
IQ Option’s well-designed trading platform makes it easy for traders to execute trades on the website.
The trading platform IQ Option maintains a ranking of traders, on the basis of which awards are made as part of the prize fund, in addition to the dividends earned.
The site’s premium interface, which incorporates the latest innovations, allows the trader to manage the trading process and the platform itself in the most efficient manner. As such, not only professionals, but also beginners can effectively use the trading platform. The IQ Option in India leading position will be evidenced by the choice of more than 16 million registered traders.
Available account types in IQ Option in India
There are two types of options available to traders, which differ in their expiry times. Classic binary options range in expiry time from 15 minutes to one hour, with time slots of 15 minutes, whilst turbo options run from 1 to 3 minutes. Having “short” options allows you to vary your trading strategy and also to take advantage of volatility and profit from short-term market movements.
IQ Option in India offers only three types of trading accounts:
- Standard trading account,
- VIP account,
- Demo account.
The Standard Account starts with a minimum deposit of USD 10 and offers access to over 350 assets for trading.
Demo account IQ Option in India
A free demo account becomes available as soon as a personal account is created and gives access to a virtual $1,000 portfolio in which all trading options available for a paid account can be exercised. This gives traders the opportunity to test their market strategies and get used to the trading platform without the need for a deposit. Please note that the company has recently introduced the possibility of funding the demo accounts, which means that in case you lose all the money on your demo account, you can use more virtual currency to fund it, but it’s recommended to test your strategies on real accounts with very small amounts (like $1-5 per trade) as early as possible while testing your trading system in order to get a good “taste” of the real market.
Standard trading account IQ Option in India
You can turn any demo account into a live account instantly by making a deposit, in which case the virtual amount will be zeroed out and the account balance will be equal to the deposited amount. To open a live account, click on the green button with the corresponding text in the upper right corner of the broker’s homepage, or click on the same area in the upper right corner of the demo account. The process consists of two steps – creating an account (skipped if you already have a demo account) and depositing funds into your account. It is worth mentioning that the first step can be done not only with a standard registration form, but also with your personal profiles on Facebook. Deposits can be made via bank cards (Visa, MasterCard) or popular electronic payment systems such as Webmoney and Yandex.Money.
VIP accounts IQ Option in India
For traders who are already familiar with the subject of binary options, IQ Option India offers VIP accounts which provide access to additional services, such as free regular delivery of trading signals, VIP webinars, monthly analysis of personal transactions from company analysts, personal account manager and accelerated withdrawal of funds (within 1 day). As soon as a $3000 deposit is made, the VIP account features become available.
Minimum deposit IQ Option in India
Inexperienced beginners can first register for a demo account. It requires no initial prepayment and is free of charge. The account is loaded with $10,000, which can be used to make practice trades IQ Option India. It also has no time limit for use.
Here is the IQ Option minimum deposit in each currency:
|Indonesian rupiah||100 000|
|Vietnamese dong||200 000|
|South African rand||150|
IQ Option in India allows one to choose from over 500+ assets, including currency pairs, major international indices, individual stocks and precious metals. This set covers most possible asset classes and gives the trader ample opportunity to choose a trading strategy that meets personal preferences in terms of risk and return, but it is hoped that the company will continue to increase the selection in the future, as the number of assets is currently significantly lower than that of other major brokers binary options trading in India.
One of the most important questions IQ Option in India beginners ask in reviews is how to deposit/withdraw money to work on the trading platform. To solve this problem, you can use:
● Western Union
Binary options trading in India
Binary options trading in India involves a high level of risk. It looks simple, but it is not a game, so you need to have good knowledge to trade binary options.
Typical binary options trading in India returns
|EUR/USD||Up to 100|
|USD/JPY||Up to 95|
|GBP/USD pair||Up to 95|
|Oil||Up to 90|
|Gold||Up to 90|
Is binary trading legal in India, but never invest money if you don’t know what you are doing. Learn how to trade, hone your skills in a practice account and learn how to manage risk first.
Once you are sure you are ready, you need to create an account and follow a few steps in Traderoom:
- Enter your desired investment amount
- Set your expiry date
- Indicate your price forecast by clicking on the “Up” or “Down” button.
The liquidity of IQ Option options is 92%, which automatically guarantees an excellent earning opportunity from each trade. In other words, with proper forecasting, the maximum yield will be up to 92% and even up to 95% on weekends. The small catch is that only crypto is available on weekends.
Looking at the statistics, beginners find the answer to the questions of whether it is possible to make money from binary options and whether binary trading is legal in India.
Also, a convenient deposit and withdrawal system ensures the convenience of each trader. The IQ Option in India platform provides professional and attentive service to its customers. All kinds of training videos are available on the website for free in order to make trading easier for the beginners on the binary market.
IQ Option is notable for its high payouts in trading tournaments.
Is binary trading legal in India
IQ Option India can be called a “broad-based” broker that has made convenient binary options trading available to many market participants. Experienced traders will be pleased with the set of tools for working with price charts and the availability of mobile applications, but the available set of underlying assets may partly limit the choice of trading strategy. Beginners without any trading experience will benefit the most from the trading conditions at IQ Option India, thanks to the low minimum deposit, the availability of a full demo account (which is not common among brokers of binary options), a clear and flexible trading platform, educational materials and also IQ Option legal in India.
IQ Option legal in India regulated and licensed by the Financial Conduct Authority (FCA) in the UK, licence number 670182, and the Cyprus Securities and Exchange Commission (CySEC), licence number 247/14.
Is binary trading legal in india?
Regulation and security of customer funds are very important in online trading. There are many scam companies online who want to steal clients’ money. If you choose a CFD Broker you should always research for official regulation. Broker IQ Option legal in India.
Variant IQ Option in India is a fully regulated and licensed online broker in Europe that accepts international traders. IQ Option legal in India and regulated by CySEC (Cyprus) with license number 247/14. The company is also registered in various countries for financial transactions. The i’m option uses European banks and segregated client funds. So, with the Intellect option, fraud can be ruled out. From our experience, it is 100% safe to invest money on the platform.
IQ Option India not only complies with all requirements of the regulatory institutions, but also takes additional measures in order to ensure the security of financial information and personal data of its customers. For instance, all data transferred between users’ computers and IQ Option India servers is encrypted using the SSL technology. This prevents unauthorized access to your account. So when asked is binary trading legal in india, the company gives a decent answer.
Advantages and disadvantages of IQ Option
This broker has its pros and cons. Among the advantages of IIQ Option India are the following:
- License from CySEC.
Cyprus’ regulator is one of the most respected in Europe after the British Securities Commission. Having a licence from this organisation indicates the honest work of a broker. Asking the question – is binary trading legal in India, you can safely answer that IQ option legal in India.
- Convenient platform.
You do not have to download any software at all in order to make money with binary options. You can make trades directly in your browser, which makes trading as user-friendly and safe as possible because IQ option legal in India.
- Technical support.
- Low deposit.
To get started successfully, all you need to do is deposit $10 into your account. This makes the tool available to all users of the network.
- Contests and promotions.
The company regularly holds tournaments for its clients. In addition, there are various promotions and bonuses available in IQ Option. This has a positive effect on the profits in general.
Despite all its advantages, the company also has its disadvantages. Some of the disadvantages include:
- Limited number of assets.
The total number of assets that can be traded is 100. You can see a much wider range in other companies.
- Only 1 type of options.