Binary Option Trading Quick Start Guide in English
Quick steps in English to register and start trading binary options with IQ Option Trading Platform.
Minimum Requirements to Trade
Minimum age limit is 18 year
NIC (in English only) or Passport ( for IQ Option )
NIC (in English only) or Passport or Driving License ( for Neteller / Skrill Accounts )
1 - Register with IQ Option Trading Broker for Free
Go to below link and then register with your email & password to start trading Binary.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.
General Risk Warning: The financial products offered by the company 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
Binary and Digital options are prohibited in EEA
CFDs* are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money ( * CFD’s : Stocks, Commodities, Currency Pairs, Cryptocurrencies)
2 - Download the binary trading application for desktop, mobile or tab
Download the relevant trading application based on your operating system ( For Windows and iOS, go to below links and scroll down the page until you see ' Download' link and then download the most suitable app for your device ). Then install it in your device. Once it is successfully installed, login to the trading application using your email and password.
( iOS users can use browser app to trade options or you can use the iOS app to trade Forex instead of Options as options not supported for iOS devices)
3 - Practice trading using free demo account using below methods
It is time to start trading using virtual money (demo). Also make sure to get an idea about how the application works and how to add indicators as well. You can trade using the trading method in our website or using methods in Binaryoptionedge Forum . ( Avoid using real money until you are good with demo trading. If you really want to put money while still practicing. Avoid putting more than $10-$50 ). If you want to start quickly with real money, then you can use Binary Options Signals from Franco ( Manual Signals ) or Signalhive ( Signals with time and entry point ) or Binaryoptionsapps ( Signals with time and entry point ) Signals.
4. How to place trades ?
If you think that the price of currency pair will go up within in a certain period of time. Choose Call ( Green button )
If you think that the price of currency pair will go down within in a certain period of time. Choose Put ( Red button )
Below videos will be helpful too !
Now IQ Option offers "Digital", "Binary" , "Forex" and "Crypto" trading. So choose "Binary" when choosing currency pairs. If you wish to trade Forex. Please read " How to trade Forex with Tickmill ". If you are interested in buying bitcoins, then refer "Buy Bitcoins Online Instantly as a long term investment" article by us. 😎
5 - Open a FREE Neteller or Skrill Online Account ( For Live Trading )
You can use Skrill or Neteller account to fund and withdraw money. You can get your money from above accounts to local bank account using wire transfer or Ez Cash feature in Skrill or Neteller. You can get your funds instatly using ezCash service compared to bank transfers which does take several days. You can transfer upto Rs 10,000 to ezcash dialog ewallet ( You can upgrade to Rs 25,000, if needed by visiting a dialog center with a valid reason ) per day. Then you can withdaraw cash using any Commercial Bank ATM with eZcash logo or any Communication Center that offers eZCash service.
Please remember :
Neteller / Skrill accounts are just like a bank account. Avoid giving your password, address, phone number and PIN to any unknown third parties. Also avoid any PIN number change to a pin number given by any third party unknown person. You need only the email address and pin to make payments at any of the reliable websites. Also in order to receive payments from an individual, you need to give only the email address ( If it is a website you may have to enter the pin ). Avoi d giving any other details when receiving payments from any individuals.