IQ Option Review Explained how iq option works

IQ Option review. You can trade free on with $10,000 demo!

Most of you were recently asking for binary robots that really work, and we want to show off the best product on the market. Today, we will talk about IQ Option and the new Auto-trading robots you can use.

IQ Option is currently, no doubt, leading the race between binary trading platforms. We believe most of the traders will agree on that. The other trading softwares simply cannot match IQ Option in terms of graphical tools, indicators and speed. IQ Option engineers are the first to build a platform based on WebGL technology, which makes the platform run really fast and orders are executed in split seconds.

Traders can easily draw support and resistance lines on the candlestick charts and add Fibonacci lines if they need to. You can also follow the prices with Moving averages, Bollinger bands and Oscillators indicators, which makes it really easy to work with your strategy directly on the chart and place your orders at the same time.

In fact, the platform allows you to use more than 12 indicators, and each of them can be customized in order to help you with Call and Put signals. We know traders love short term expiries, such as one and five minutes. This is simply the nature of binary traders, and we can’t blame them.

Many traders are trying to find the ultimate strategy, but the reality is that there is no such thing as an 100% accurate strategy. So your task should be to reach something like 65% to 70% successful trades. Thus, you will float over the water for a longer period.

IQ Option engineers have created robots that can trade even when you are not following the charts. So, once you build a successful strategy, you can develop a robot that will do the work for you. Sounds good, right?

However, you should be really careful with these machines when we are talking about your real money account. You definitely don’t want some naughty robot blowing up your account while you sleep.

Of course, you are able to implement money management and risk management, but as we know, these machines make mistakes, and once your money is gone, you can do nothing about it.

Our advice is don’t rely 100% on auto-trading and keep an eye on what your robot is doing. Probably the best scenario would be to program your robot in a mode to display signals, and then you can manually place the trades. Unfortunately, this is not how it actually works at IQ Option.

It works basically in 3 steps: You set up your strategy, specify the amount allocated for trading, and run the robot. You can also set a number of restrictions as to when your robot will automatically stop trading.

If you are new to auto-trading machines, our advice is you better select an existing robot from the catalog. You can check net profit and efficiency on all listed robots before you make your choice.

The good side is that you can test each robot before you use it, and you can also see how it works in demo mode.

The IQ Option demo account is free, and it allows you to trade exactly like in real mode. All indicators and graphic tools are available, and you can test and modify your strategies until you reach perfection. To open a demo account, just follow the link on this video.

We definitely have to mention the trading tournaments. The entry fees are acceptable, starting from $4 up to $50, and the prize pools can reach $100,000. One of the most popular tournaments is called “Wall Street Beat,” which runs every month with a $50,000 prize pool, which the top 30 traders share.

In fact, when you decide to open your real account, you can boost it with up to 36% bonus. It is up to you whether you get a bonus or simply make a deposit without a bonus. The minimum deposit at IQ Option is $10, and the minimum trade is $1 only!

This broker is offering you plenty of different payments, including the most popular e-wallets: Skrill, Neteller and Webmoney. Withdrawals can be completed in one day once you finish the identification process, but it also could take longer depending on your payment method.

The company is licensed by CySEC and registered with FCA. If we believe the numbers behind IQ Option, it is really an astonishing achievement: Over 10 million trading accounts, 3 million trades per day, over five million dollars in monthly payments to traders.

We believe it is one of the best brokers when it comes to binary options trading. If you want to try the trading platform, you can do it with a completely free demo. Just click the link on this video, and visit IQ Option website! Should you have any comments, feel free to share.

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