Binary options in India
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According to statistics, more than a billion people live in India today.
Moreover, the modern world offers real ways to earn big money almost anywhere in the world.
All that is needed is Internet access and minimal start-up capital.
It's about binary options trading in India. The main step for a beginner Indian trader is the choice of a quality and professional platform that can offer the best conditions. The right decision would be to choose IQ Option.
IQ Option - Seven Years of Market Success
For the first time, traders learned about the company in 2013. This year, the exchange received an international license, entered the market and opened the door for customers. For seven years, the company has gone from a small site to a huge site, it's one of the leaders in the domain today.
According to statistics, more than 40 million users are engaged in binary options trading at IQ Option.
Such success, also among Indian traders, was made possible thanks to reliability, safety and a responsible attitude to work. However, these are just a few of the advantages of a large list of advantages of the company.
Strengths of the IQ Option Platform
The competition in this segment is very high, but the company wins the struggle for leadership and is also popular among customers.
This is obvious because the exchange has a wide list of advantages:
- IQ Option has legal registration on the island of Saint Vincent and the Grenadines, as well as a license to provide services in other countries;
- An Indian trader can make money at any convenient time. The exchange operates 24/7 (unlike standard exchanges) and offers services even during weekends or holidays;
- The official site pleases with a pleasant design and high-quality functionality. The color scheme does not irritate the eyes, which means that the trader may not get tired, be more productive and successful;
- The page has a version in Indian, and convenient usability allows you to quickly understand the functionality of the site even to inexperienced users;
- The company uses modern security systems to ensure the highest level of security. All payment data and transaction features are encrypted using a special protocol. The risk of becoming a victim of a hacker is minimal, so the user can carry out IQ Option binary trading India as safely and efficiently as possible;
- Any Indian citizen who has reached the age of majority can register on the site;
- Low entry threshold. To start trading on binary options at IQ Option, you need to deposit only $10. And the minimum bet amount is $1;
- An Indian user can trade anywhere with an internet connection. The convenient mobile application works with phones and tablets iOS and Android;
- Rich experience and excellent reputation. Forty million customers, seven years of work, a leading position in the market - all these are indicators of reliability and success;
- A large list of various assets. An Indian client can choose one of more than 300 options for trading. These can be IQ Option binary options, raw materials, cryptocurrencies, currencies, stocks of companies and other assets;
- Convenient ways to fund your account. The company allows you to replenish your deposit through a credit card, electronic payment systems, cryptocurrency wallets, etc. Moreover, on the site, you can exchange currency at a favorable rate and without additional fees;
- Profitability. The site has a large number of professional users who have made trading the main income. The daily profit of an advanced client can be 200-300% of the deposit amount;
- The user can purchase a premium account and get additional features: help from a personal manager, priority in the line for payment of funds, increased profit on transactions, transaction insurance, etc.;
- Information. The site has a special section with useful articles, tips from professional traders and other information. Here, an Indian user can find the best binary options trading strategy, learn about its features, advantages, and disadvantages;
- Variability. Any chart can be made individual and convenient. The service offers the option of adding signals, indicators and other parameters;
- Minimal risk. A new user can try trading binary options at a demo account. In this case, he receives 10,000 virtual dollars and can use them to close deals. It is a great way to learn all aspects of trading on IQ Option without the risk of losing your own money;
- Fast payouts. Processing a withdrawal request takes a minimum amount of time. But an Indian user has to go through the verification procedure when he requests payment for the first time.
Binary options India F.A.Q.
Is IQ Option legal in India?
IQ Option was officially registered in Saint Vincent and the Grenadines in 2013. In India, the exchange began operating in 2014. The company officially pays taxes and is allowed to work in the country. Therefore, an Indian trader can legally make money thanks to binary options.
How to start IQ Option binary trading?
If you decide to become a client of the site (and you have reached the age of majority), you need to take several steps. The first step is registration. 1. You must visit the official page and click on the “Signup” button (it is located at the top of the screen);2. Indicate the personal information necessary for registration (email address, login, password, etc.);3. Read the rules of use and accept them;4. Check the mail and follow the welcome link and complete the registration procedure.The second stage is the replenishment of the deposit.1. Log in to your account;2. Select the item "replenishment of the deposit";3. Indicate the amount and method of replenishment (The minimum amount for replenishment is $10);4. Confirm the action and wait for the transaction to complete;The third stage is trading. You need to log into your account, select the appropriate IQ Option binary option, analyze the situation, make your forecast and indicate the amount of the bet. With the right approach, profits can reach up to 200% per day.
What is binary options trading at IQ Option?
A binary option is one of the varieties of a stock exchange contract that is used to make profit from movements in the price of assets (currencies, stocks, goods) in global financial markets. Binary options income depends on the price of a financial asset and the correct forecast made by an Indian trader. Now the user analyzes the situation (news background, economic background) and tries to predict how the price of the selected asset will change (will become higher or lower, reach a certain mark, etc.). If his forecast turned out to be correct, he makes a profit. If not, the money remains with the broker.
What do you need to know about IQ binary options in India?
Profit is not possible if the trader does not know the terminology, does not understand the aspects or nuances of trading on binary options. Therefore, it is necessary to learn the basic concepts. • An asset is a currency pair, indices, goods, stocks or other securities for which you can enter into contracts for the purchase or sale (PUT or CALLS). An Indian trader can choose one of the dozens of binary options offered by IQ Option;• Expiration - The time when the option expires, that is, the result of the contract is recorded. Usually, this period is from 1 minute to an hour. IQ Option offers such conditions;• Strike price. The price at which IQ Option binary options can be sold. For example, if the current price of an asset is 1000 units, and profitability is 80%, then the strike price (for an investment of $100) is $180 ($100+80%);• Profitability. The value, which is determined as a percentage, shows the maximum profit that an Indian trader can get with a successful forecast;• A timeframe is a time interval on a price chart.
What types of binary options trading does the IQ Option offer?
Previously, the standard type of trading on binary options was the Call/Put strategy. But today the company offers Indian traders additional opportunities: • PUT option - A transaction to purchase an option to lower the value of a selected asset; executed if the price reduction is expected;• CALL option - the trader is betting on increasing the price of the selected asset. If his expectations are met, he makes a profit.• One Touch/no touches - a deal to buy an option to achieve a certain price (One Touch) or not reach it (No Touch) until the expiration;• In/Out options - An options purchase transaction in which a corridor is predicted where the price will move until expiration (In-option) or the price goes outside the corridor (Out-option);• Pairs - Indian trader IQ Option can choose a specific pair of assets and choose how their price will move relative to each other.
What is the popular binary options strategy?
IQ Option offers a wide range of options for customers. For example, the site has an information section with popular strategies and tips from professional traders. When choosing a strategy, it is important to remember that signals for buying or selling binary options can come from different indicators and figures of technical analysis (most often moving averages or Japanese candles are used). The advisability of using strategies is to get the maximum profit in the minimum amount of time. Therefore, the most popular short-and medium-term strategies based on technical analysis. The most popular and sought after today are:• Trading by trend;• Trading by the news;• Stochastic strategy;• Walt Disney strategy;• Dodgy strategy;• Vortex;• Straddle trade strategy;• Maverick;• Thunder and lighting.However, each strategy can have nuances. Therefore, we recommend opening a demo account on the IQ Option website, getting 10,000 virtual dollars and evaluating the strategy in practice without risking losing real money.
Can I connect the binary option robot at IQ Option?
The human reaction does not allow us to conclude transactions on binary options as efficiently as possible. But the IQ Option platform offers the Indian user to connect a professional robot to make trading more profitable. A robot is a program that opens and closes transactions on a trading platform or informs a trader about the need to enter the market at a particular moment in time. This approach has advantages:• An effective algorithm for market analysis and opening break-even transactions;• Amendments to force majeure circumstances;• Rules for managing a trading account;• Work without breaks and days off;• Exact time to open a deal.You can read more about the features of robots and download the program on the official website of IQ Option.What secrets does a professional binary options trader have on IQ Option?Success in binary options trading is based on a qualitative combination of theory and practice.1. It is important to get as much information as possible about the strategies and nuances of binary options trading. To do this, it is recommended to practice on a demo account and constantly read new information;2. Analyze every situation. Changes in asset prices can be affected by the news, competition, and other aspects. Each transaction should be carefully analyzed;3. Work with the bank. The amount of one transaction should not exceed 2% of the entire bank (in exceptional cases, 5%). This will help not to get big losses with several unsuccessful transactions;4. Professional approach. If the trader fails to conclude a successful transaction and incurs losses, he will take a break. The newcomer will try to recoup as quickly as possible and lose more due to rush.
How much can I earn on IQ Option binary options?
It depends on the degree of professionalism. The standard income from a successful transaction is 70-90%. Professional Indian traders IQ Option can conclude several successful trades per day (the platform provides this opportunity). Therefore, daily profits can reach up to 200-300%.