The remarkable growth is seen in online trading, worldwide and India is no exception. Since the binary trading introduction, such platforms like IQ Option have quickly gained huge recognition in India. With more and more investors would like to invest their hard money in IQ Option, India yet has many people who are not familiar with the binary options application, especially whether binary trading is legal or illegal in India.
Binary trading in India is a type of an “all-or-nothing” option in which the payment is defined in the type of fixed compensation upon option expiration in money or just nothing upon option expiration out of the money. In short, binary option is just like YES or NO probability and thus, it referred to as binary. The holder of the option does not have a preference to buy or sell the asset as trading is done automatically.
The IQ Option platform is available to download for PC. The Windows platform is quite easy for downloading and its entire installation. Once it is installed, you will get to see a suggested trick over all of the platform buttons to help you figure out that the purpose of each button. The good news is that the platform also comes with built-in tutorials for newbies and seasoned traders alike.
Ever since IQ Option is founded in 2013, it has been one of the most interactive binary options brokers available on the market for Indian traders. With every new technology introduced, the platform pushed its features to the next level and IQ mobile applications are no exception at all.
Believe it or not…IQ Options Mobile app is superlative and here is why:
Unlike other countries, the binary option is illegal in India. According to the guidelines and instructions are given by the Reserve Bank of India, any type of online trading including binary trading of foreign exchange is illegal in India. The India financial sector is mainly regulated by the RBI and SEBI (Securities and Exchange Board of India),and they do not allow investing in binary options.
The FEMA (Foreign Exchange and Management Act) forbids binary trading In India via online or electronic trading portals.
Thus, it means that any investor who prefers India binary options does on his own risk. That is why it becomes quite important for investors to choose the reputed and trusted binary option.
Indian traders who would like to invest in binary options need to register themselves with an offshore broker because there is no India-based binary option is available.
When it comes to choosing an online broker, IQ Option is most recommended among other traders as it is considered to be one of the established trading platforms in the industry. So, download IQ Option instead of wasting your time in search of other trading platforms online.
IQ Option Ltd is founded in 2013 and it is trusted crypto, forex and binary broker. Orders placed on this trading platform are matched with an opposite order automatically by their system. Thus, it also means that the company makes money via commissions on trades.
It is fully legal platform to use in India.
It is a European-based Company that accepts international customers. One of the most popular products available is Binary Options. However, IQ Option is the right choice for newer as well as experienced traders who would like to try out the online trading platform. It is most recommended as IQ Option provides different forms of graphs besides the completely free Demo mode for practicing.
The success of this trading platform is completely supported by the fact that it is the fastest-growing broker in the industry of binary options. As of Feb 2016, the IQ Option had approximately 30 million active traders. Also, it is the winner of numerous awards. The Google Play rankings clearly show that its mobile application has been considered as the finest trading app to use.
The IQ Option team offers traders with a wide range of platforms options and thus, providing an exceptional user experience through a thrilling user interface. India traders get 24/7 hours support - via phone, email, and chat that can speak in more than 20 languages.
Plus, the platform has the availability of India banks and regulated transaction modes for deposit as well as withdrawals of their customer’s fund. In short, IQ Option is one of the safest platforms you can choose for trading in India.
Reasons to Open an Account with IQ Option:
Before installing IQ Option, give a close look at all its features you will get upon opening an account with it.
On the one hand, traders require a reliable trading platform or broker. On the other side, there is also a need for excellent working support. Fortunately, Indian users who will get IQ Option app can access a wide range of service and support.
This trading platform provides chat, email and phone support in various different languages. The support works for 24 hours 7 days. In this platform, you can hit on the chat icon to access the support feature. Plus, you can also chat with other users all over the world. Another remarkable feature offered by the platform is education for newbies. There are 200+ different videos to learn how to be a successful trader and how this platform works.
IQ Option is a broker that provides numerous functions and tools in its trading platform. Among all these, one of the most interesting features is to determine IQ Option trading patterns.
You might also know that you need to have a complete understanding of trading patterns in order to become a successful trader. Whether you like it or not, lack of information will surely impact very negatively on your trading outcomes. The team of the IQ Option knows very well about it and that is why they have added the trading patterns section to the website.
All of the patterns you will find have their video tutorial too on the IQ Option pages. This is the best chance you can grab to learn how to use the trading patterns. You can save your time by using the information given by the platform.
The platform feature state-of-the-art mobile trading and transactions begin with $1 even, which is a quite engaging and simple approach for novice traders to get experience online trading. Those who are curious about the platform compatibility for banking options, they will be glad to know that the platform accepts various payment methods.
In order to maintain its industry-leading position as one of the finest broker available in the market, the platform focuses on offering top-notch trading conditions.
For deposits as well as withdrawals, the platform offers a wide range of secure, convenient and comfortable payment methods, which include -
The IQ Option offers $10,000 free account so that you can take the first dip into the trading world. The platform provides you with a completely free account just for practice. It is risk-free trading consisting of virtual money. Once you feel comfortable and able to make your first profits, you can then try the platform to spend real cash on it.
The free Demo account is best as there is no limit defined in the use of this account. The Demo account consists of $10,000 in virtual money. Another remarkable feature of the Demo account is that you do not have to provide your personal information to use it.
Here, customers can select among five types of investment products, which include -
FX trading is one of the most famous trading markets and this platform offers access to 188 currency trading pairs. This further allows you to trade your favorite foreign currencies.
IQ Option enables you to trade CFDs on stocks from 167 different companies, which include successful businesses mentioned on the NYSE and NASDAQ.
You can guess on the price of various different assets including stocks, commodities, indices, and currencies. This trading platform currently offers a gateway to 10 million options.
ETFs trading is a new product and it works by monitoring commodities, assets, and indices. These are traded in a similar fashion as common stocks are traded. Traders can select from almost 4288 different ETFs.
You can trade twelve of the top cryptocurrencies, which include Bitcoin, Dash, IOTA, Omisego, Ripple, Litecoin, and much more.
Another important thing to note that there is expiry time for binary options. This online trading platform provides you with a wide range of expiry time for options. The range starts from 60 seconds to 1 month or even it can longer.
IQ Option is an incredible platform that offers its users with great value. The platform is a good mixture of functionality and transparency. You will be pleased to know that the IQ Option is in keeping with the recent financial regulations. The trading application is quite functional for professional traders, while also being simplistic enough for newbies to learn the trading painlessly.
Without any doubts, IQ Option is on the rise and in fact, it has grown to such an extent that it can manage 15 million accounts and process 3 million trades a day.
Lastly, the IQ Option application for PC and mobile platform is available. Thus, it is the right time to give a try to this secure trading platform with its free Demo account.