About IQoption
DEMO ACCOUNT
IQ Option offers a free unlimited demo account with $10,000 in virtual funds that can be replenished whenever the balance drops below this amount
The demo account provides access to all platform features, including real-time quotes, live charts, trading instruments, and a full suite of market analysis tools, allowing traders to practice without risking real money
.Traders can use the demo account indefinitely without any time restrictions and can easily switch between demo and real accounts through the platform interface.
Educational videos
IQ Option's educational video library offers comprehensive tutorials covering everything from basic account setup to advanced trading strategies, with detailed step-by-step guides on using trading tools, reading market charts, and understanding various trading instruments. The platform's video content includes practical demonstrations of placing trades, using technical indicators, and implementing risk management strategies, making it easier for both novice and experienced traders to enhance their trading skills.
BINARY OPTION
Binary options are one of the most popular trading instruments on IQ Option for beginners. This instrument allows traders to trade with quick expirations of one, two, or three minutes, or set a longer expiration like end of the day, week, or month.
With binary option, you can make a prediction about the price direction: if you predict that the price will grow, you can click “Higher”. If you predict the price will fall, you can click “Lower”. At the end of the expiration time, the deal will close. If the prediction is correct, you will receive the profit to your trading balance. However, if the prediction turns out to be wrong, you will lose the investment amount.
DIGITAL OPTION UP TO 90%
Another options instrument that is available on the platform is Digital options. Digital options function like binary options, but bring an extra concept to the table: the strike price. This instrument provides an exciting challenge: you can predict not just the direction of the price, but the exact level that it might hit. You can choose a strike that is very close (or equal) to the current price, or one that is much further away.