Working of Forex on IQ Option

Posted by ilie@123 on April 8th, 2021

Here is the best-automated Forex trading software, get your attention here because this software brings a whole new level of the buying of one currency and the simultaneous selling of another.

Not familiar with Forex yet? Well, get comfortable, we’ve got a lot of ground to cover!

What you really need to know about Forex
News, events, and economic policies are all this global news where Forex reacts as it is a liquid market of currency pairs.
Note that Forex is generally traded in specific amounts called ‘Lots’. Most common are the standard lots which are the equivalent of 100.000 units of currency.
Generally, FX is being traded-in specific amounts called ‘Lots’. Most common are the standard lots which are the equivalent of 100.000 units of currency.
You can use leverage because not everyone has an account big enough to buy or sell 0,000 worth of a currency which means borrow from the broker in order to trade 0,000 when you do not have 0,000 in your trading account. So, when you open the trade, the capital is lent to you while using leverage, but you do not actually see this money go into your trading account. Because each pip movement has a greater value, you see the effects when your trade is open which allows for greater potential profit or loss.

Now, let us clear things up by giving you an example:

Investor A used the leverage of 1:2 meaning that each dollar invested would act as if it was 2. (.000 x 2 = 0.000).
Investor B used a leverage of 1:20 (.000 x 20 = 0.000)
As the position you opened, you might be wondering whether you can wind up owing a large sum of money to IQ Option. You might also be scared of losing your funds in hidden fees and poor exchange rates, aren’t you?

We cannot ignore the fact that Forex trading can be very risky and volatile. But with IQ Option you cannot lose more than the amount of your initial investment. Isn’t it the biggest advantage of IQ Option over other Forex brokers?

If you are thinking to start trading Forex with IQ Option, you do not want to miss the free reloadable ,000 Demo account that IQ Option offers. You can trade with virtual money for free with the demo account and can get a better idea of the trading as well as the platform and services.
Trading Times
You can trade currencies 24 hours a day, 5 days a week, from Monday at 0:00 GMT until Friday at 21:00 (when U.S. markets close).

Main Benefits of trading Forex with IQ Option
In the position that you have invested in, never lose that
Profit is unlimited
Analysis and Real-time forex news at the highest level while making it accessible for less-experienced traders
Trading on the most liquid markets in the world
Top currency pairs
24 hours a day, 5 days a week
Free reloadable ,000 Practice account
1:300 leverage available
Tight spreads, no commissions