IQ Option India Review 2020Free Demo Account with $10,000 Demo Money
- Demo Account with $10,000 virtual money
- Trading tournaments with real prize money
- Real trading starts with $10 deposit
- Easy Funding and quick withdrawal of profits
- Advanced trading platform with Indicators and Analysis tools
- Customizable chart to help you trade without limitation
Check out the IQ Option India Review 2020 below to know more about the Broker – Is it legal? Is IQ Option a scam in India?
IQ Option India – IQ Option Review
IQ Option India – IQ Option offers its award-winning trading platform to Indian traders. Indian traders can avail of the Free Demo trading account to enhance their trading skills. IQ Option India is the one-stop provider of Binary Options, Forex, CFD, and Cryptocurrency trading. It has the award-winning trading platform with integrated analytic tools and indicators to help you trade like a professional.
IQ Option trading platform allows you to trade classic binary options, turbo options (60 seconds- 5 minutes) with payout up to 91% * along with Forex and CFD trading. It also offers Binary Options trading on selected currency pairs during weekends.
IQ Option platform includes several built-in indicators to help you make the right trading decision without switching between windows while trading. Now you can trade Forex, Binary Options, Cryptocurrencies (Bitcoin, Litecoin), and CFD on the same account without any hassles. Switch between Forex, Binary Options, or Bitcoin whenever you find the right opportunity to place a trade.
* Profit amount to be credited for a successful trade.
How to trade with IQ Option in India?
You can learn to trade binary options after you open a Demo Account with IQ Option. IQ Option offers excellent training resources on Binary Options, Money management, trading strategies, and risk management. You can trade without any risk in a demo trading account while learning Binary Options in India. Although binary options trading looks simple, it is not actually so simple. It requires much practice and skill to trade successfully and make money consistently.
If you are still looking for the answer to the question “How to trade with IQ Option?”, jump in and register for a free demo trading account. Practice with free demo money of $10,00 and keep applying your skill to see how exciting it can be.
Step by step guide to trading with IQ Option
IQ Option platform is a well-designed advanced trading platform with unlimited possibilities. It is full of a wide range of technical analysis tools that you can use to increase your success rate. You can see the different sections of the trading platform in the image below.
To place a Binary Options trade –
- Select an asset to trade – example – EUR/USD, GBP/USD or USD/JPY
- Predict which direction of the price of an asset will go in a few minutes, by using technical or fundamental analysis.
- Fill in the amount you want to invest in the trade.
- Click CALL, if you predict the price will go UP. Click PUT, if you predict the price will go DOWN.
Now, wait for your trade to close automatically. Make a profit of up to 91%, while your loss is limited to the sum of your investment.
Risk-Free Demo trading Account
When it comes to learning binary options trading in India without risk, people choose only IQ Option Demo Account. IQ Option India offers a lifetime free demo trading account. You need not worry about depositing any money or type in your Credit Card information to open a demo trading account. Demo trading accounts take a few seconds to open. Start trading in the Demo Account with $10,000 free play money. If you find yourself successful with IQ Option Demo trading, you can open a real account. Simply fund your account to start trading with real money and make real profit or loss.
Is IQ Option legal in India?
The most important question that the Indian traders ask is, “Is IQ option legal in India?” Although India has quite liberal policies towards trading on derivatives and stock markets, it is quite different when it comes to Forex trading and Binary Options Trading. Reserve bank of India is the regulatory authority assigned with the task of overseeing trading in the financial market and financial instruments. It has not yet regulated any overseas binary options broker in India.
However, some foreign brokers like IQ Option don’t forbid Indian traders from opening an account with them. The overseas brokers like IQ Option do not require a license from Indian regulatory bodies like SEBI or RBI for their operation. So Indians who are looking to find a way to trade Binary Options or Forex can open an account with IQ Option.
IQ Option’s wide range of safe and secure payment methods like Skrill, Neteller, etc. are quite popular with Indian traders. The traders who don’t want to use credit/debit cards directly use Skrill and Neteller.
IQ Option complies with European regulators for its operation in European countries. It accepts traders from non-regulated too and is trusted all over the world. Hence traders from India trust IQ Option for their binary options trading requirements. You may consult a legal adviser if you are concerned about “Is IQ Option legal in India?”, they are qualified to advise you.
IQ Option List of Trading Instruments
The traders have to predict the price of an asset would go higher or lower within a time frame correctly to make a profit. Binary Options is available on a verity of assets, e.g. Forex pairs, Stocks, and precious metals.
The digital options trading is a new addition to IQ Option trading instruments. It combines the benefits of both classic options and binary options trading. The profitability and the risks involved in each deal depends on a manually chosen strike price, which is the distinctive feature of Digital Options. The profitability can vary up to 900% in 5 minutes in case of a successful trade on Digital options, which is one of the highest in the Industry.
Forex and CFD
The traders can now trade Forex and CFD on the IQ Option platform using all the advanced indicators and trading tools. The leverage is flexible while trading Forex with IQ Option.
The traders can trade CFDs on stocks from over 176 different companies listed on the NASDAQ and NYSE on the IQ Option Platform. This includes the most popular stocks, like Apple, Facebook, Microsoft, and Tesla, etc.
Crypto Currencies and ETF
The traders can also trade the popular cryptocurrencies which include Bitcoin, Litecoin, Ethereum, Zcash, Ripple, Monero, Omisego, IOTA, and Dash.
EFT trading is a relatively new product added to the IQ Option platform. ETF (Exchange Traded Funds) is a collection of stocks traded on the exchange. You can trade it the same way as common stocks, and traders can choose from hundreds of different ETFs.
IQ Option Fund Deposit in India
Most of the Indian traders ask about alternate funding facility to start trading with IQ Option. All the fund deposit and withdrawal take place safely and securely with IQ Option. They accept many alternate payment methods like Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller, Boleto for traders who have problems with credit card deposit. The deposit methods preferred by Indian traders include Skrill and Neteller. If you face problems while depositing with Indian credit or Debit card, you can try Skrill. Skrill is a UK based digital wallet with worldwide acceptance. You have to open an account with Skrill and fund your wallet from your credit card. Subsequently, you can fund your IQ Option account using the Skrill wallet. You can also withdraw your profit into your Skrill wallet, and from your Skrill wallet to your Bank Account in India. The fund withdrawals processing takes less than a day in most of the cases. It has got the best in the industry customer service at your service.
- Most advanced platform with Binary, Forex, CFD, Stocks, and Commodity.
- Speedy withdrawal compared to other brokers.
- Free Demo account with $10,000 demo money for traders from India.
- A minimum deposit of just 10$.
- Excellent support.
- Forex trading and CFD trading with negative balance protection.
While trading Forex and CFD with IQ Option, you can choose a flexible multiplier for each of your trade. The IQ Option Forex and CFD platform offer several assets for trading, which include Global Stocks, Indices, Commodities, and Cryptocurrencies.
IQ Option Review 2020 India
While reviewing IQ Option for Indian traders we found multiple advantages they offer over other online platforms. We continuously monitor and review the online brokers and provide you with latest information on the brokers.
IQ Option Review India 2020
- Excellent trading interface – award-winning trading platform
- Fast and feature-rich platform – Swift and smooth trading without any glitch
- Free demo account to try all features before you invest
- IQ Option India is the most trusted trading platform for Binary Options, Digital Options, Forex and CFD trading in India.
- The traders can select from hundreds of assets and trade Binary Options on weekends too.
We recommend IQ Option as the No.1 Binary Options Broker for trading Options in India. It is a trustworthy broker with multiple advantages over other brokers. IQ Option has been in the market for more than seven years, and they make every effort to stay at the top with their service excellence.