IQ Option is an online trading platform that allows you to trade a variety of financial instruments including binary options, stocks, forex, ETFs, commodities, and cryptocurrency. This broker was founded in 2013 and is operated by IQ Option LTD. Trade stocks, ETFs, forex & Digital Options at IQ Option, one of the fastest growing online trading platforms. Sign up today and be a part of 17 million user base at IQ Option. The foreign exchange market, called also forex or the FX, is the largest financial market in the world. It is the most liquid one as well. High volatility creates more opportunities for trading. Today I am going to explain how to trade forex on the IQ Option platform. The base for the FX is purchasing […] FOREX at IQ Option – What is this Market? The FOREX market is the currency exchange market. It is a market where the assets are currencies. We do not buy or sell a particular currency, but rather a relationship between two currencies. The minimum deal size on IQ Option’s forex pairs is $1. This is the same for all clients from around the world, and for any leverage setting. Minimum Deposit. With only $10, you can open a real money account with IQ Option! How to Execute Forex Trades on IQ Option’s Platform. 1. The main highlights of Forex trading: Firstly, sign up to IQ Option trading platform. If you are a newbie in Forex trading, we recommend you to start with a Demo account (with rechargeable virtual $ 10 000), so you don't have to worry about losing your real money. IqOption General Fees: Any examples in the tables are for illustration purposes only. CFDs on Forex. Nature: One-off costs Type: Spread Description: The difference between the bid (sell) price and the ask (buy) price. The difference is presented in pips and reflects the cost of opening a position. There are five major Forex trading centers: Frankfurt, Hong Kong, London, New York and Tokyo. The Forex market is open 24 hours a day, five and a half days a week, and operates across nearly every time zone, which makes for an active market in a continual state of flux, with prices changing all the time. When trading forex, traders buy one currency and sell another at the same time. Currency pairs have two prices: the bid price and the ask price, which form a forex quote. When you intend to buy a base currency, you will do so by selling a quote currency. The price at which your broker will sell you the base currency is called the ask price (ask). When currencies are traded on the Forex market, they are bought and sold in what are known as currency pairs, where one currency is used to buy another. These pairs have been created to make comparing currencies easier, and as a way to better understand the value of one in relation to the other.
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