Comparison of option types (4) – Classical options by IQ Option

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Comparison of option types (4) – Classical options by IQ Option

There’s many types of binary options available to trade: Touch options, No-Touch options, medium-term high-low options, and many others. Classic high-low binary options are offered by all brokers in the world, as far as I know. The thing is that the IQ Option broker, who is according to our poll the most popular broker, offers two types of classic options. Let’s see what it’s about.

Yes, with IQ Option, it was always possible to trade the classic binary options. It’s simple. You just choose your prediction – will the price fall or rise? The trade ends in a few minutes and then you know your profit or loss. The profit is usually around 85%, the loss is 100%. You can as well trade TURBO options, which are the same; the only difference is the expiration time, which is within seconds and not minutes or hours.

Why did we mention a new method of trading?

It is because IQ Options came up with even more classical options, than the classic ones. Or at least they are saying so.

Try trading with IQ Option on a free practice account

Broker Info Bonus Open Account
USA Allowed No
Assets:
Payout: Up to 100 % !*
Demo Account: Yes
Min Deposit: $ 10
FREE DEMO ACCOUNT Trade Now! Read Review
*in case of correct prediction
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

New classic options by IQ Option

The newest type of options offered by IQ Option broker is very similar to buying shares. These classic options have a wide range of assets that can be traded and all of them are shares. Using these options you can’t speculate on the rise of commodities, indexes or currency pairs. There are just shares, and you can choose from about 500 (when all major stock exchanges are open).

These options are traded similarly as the well-known ladder options. The difference is that the profit you can make is unlimited. Yes, unlimited. So you can get even a thousand times the value of your option. The possible loss is fixed and you have to set it in the beginning of your trade. The point is that you can make more than you can lose.

This is the trading of classic options with IQ Option

We simply open the trade in the direction that we think the price of the share is going to move. The expiration time is usually three days, but we can also make a profit by closing the trade before the expiration itself. The further the price moves in our direction, the greater the profit we will obtain at the time of expiration . We can get up to hundreds percent.

However these options are more complex, so we will publish another article about it in the future for sure. The most important point is that you can perfectly use fundamental analysis to trade IQ Option’s classic options. That is mainly because of the unlimited profit we’ve mentioned before.

Is TESLA going to introduce a new model to the market, which was already pre-ordered like a thousand times? I assume that the stock price will therefore rise, right?

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Official video by IQ Option

More Information about broker IQOption

Author

More about the author J. Pro

Unlike Stephen (the other author) I have been thinking mainly about online business lately. I wasn’t very successfull with dropshipping on Amazon and other ways of making money online, and I’d only earn a few hundreds of dollars in years. But then binary options caught my attention with it’s simplicity. Now I’m glad it did because it really is worth it. More posts by this author

6 Responses to “Comparison of option types (4) – Classical options by IQ Option”

Does IQ Option have one- touch/no-touch binary options?

Hi Ronald – no, they do not have touch / no touch options. Hoverer, you can kind of make your own now, that they have CFD trading and digital options… I might post a tutorial soon, if you are interested.

Yes please. I would like to know more on this.

Is classic trading available on mobile? As I have tried to use it on mobile but it isn’t there….

Hi Dan, unfortunately I don’t think so. I havent seen it on mobile either.

I’m sure they will implement it in newer versions of the app, but nobody knows when that will be.

3 types of accounts in IQ Option

As a customer oriented broker we know how important it is to let you choose. Thus, we have divided the types of our accounts into 3 variations to let you manage your trading preferences.

IQ Option believes that every trader should begin with a demo account in order to gain valuable experience and knowledge . Only when you are able to understand the risks involved, should you proceed with a real account.
These are:

  • Training account
  • Real account
  • VIP account

Training account

is a totally free demo, which allows you to enjoy all the real account features and you have a $1000 for a start but these are renewable. No credit card details needed (unless you decide to deposit using this payment method) and you can deactivate such account at any time.

Real accoun t

offers you full trading experience with more than 500 assets to trade with and real withdrawals within minutes to your bank card or e-wallet (the time to process a withdrawal vary depending on the method used. Requests are processed within 24 hourson our side.)

Real accounts also participate in our weekly tournaments* and have a Support Live chat feature.

*Tournaments are subject to the Terms and Conditions.

Once you open a real account, you still have access to the training balance, you are free to switch between them and train even more.

IQ Option VIPs

enjoy a number of perks unavailable to other traders:

Higher profitability rates

VIP traders have an average of 3%* advantage over the rest of the clients. Higher profitability rates may assist in making their goals more achievable.
*Amount to be credited to account in case of successful trade.

Personal managers

VIP account managers are extremely competent in all matters IQ Option. They are hands-on approach guys, who will always be there for you, will help you resolve any issue with your account.

Free tournament participation

Free entry into any tournament is a VIP’s privilege and our pleasure to grant.

You can become an IQ Option VIP by depositing $3000.

Our Managers’ team is happy to assist To the platform

NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.

GENERAL RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
87% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

IQ Option account

Broker IQ Option is in-demand among users. This system has a set of benefits that you will not find in other brokers. The mobile version, more tools, a simple interface, a minimum deposit, a demo version, bonuses and round-the-clock support for traders – all these characteristics can not be found now only in one trading platform, so we can put IQ Option in first place for usability. Everyone has a choice, but this broker allows its users to learn about the features of the system and then trade there with real money.

It is very easy to create IQ option account; it will not take more than three minutes. You can do this from the broker’s website or from its mobile version. The trading platform will ask you for your private data so that you can enter and withdraw money in the process of work. IQ Option allows getting an account even for South Africans, and some other brokers have this region in a lockout.

Steps to register IQ option account

There is a step-by-step instruction for creating your account in the IQ Option. These few simple steps will simplify the creation of a personal account and you could do it very quickly:

  • Enter the name of the official broker’s website and find the “register” button there.
  • You can fill fields or open an account through your own page in Google or the social network Facebook.
  • If the account is not there, enter your details in the appeared form. There is nothing complicated – only your name, surname and e-mail address.
  • After reading the terms and conditions, click the checkbox. This means that user agrees with the requirements and tenders from the IQ Option and want to continue to work with the broker.
  • Mandatory check box on the confirmation button that you are 18 years old. Read carefully the conditions of the brokerage trading system beforehand.
  • That’s all; you just need to click the “register” button.
  • The last step is to receive a confirmation letter. Open your mail and click on the link you received from the broker.
  • The broker congratulates you! Your account was successfully created, now you could start earning!

IQ Option has 3 accounts for the convenience of its traders work. These are 3 dissimilar kinds of accounts with dissimilar functions and work features.

• Training account

This is a free training work that allows new users to make deals without real sum. No risks! The trader learns the system, learns the tools and decides whether he will work here in the future. The broker gives 1000 dollars for training, it’s free money – they are needed just for test work.

• Real account

This world of services is for real work. The trader gets access to all tools, bonuses, tournaments and customer support. There are about 500 different assets and strategies for successful transactions. The user can work and receive money on his virtual wallet or bank card. The tournament is a great opportunity to get good experience from other advanced users and to win real money.

• VIP account

This world of services has the highest level, and a large deposit allows you to get more opportunities and bonuses. Here there are the highest profitability indicators, but the trader must enter a deposit of $ 3,000. All tournaments will be free, and the VIP account’s trader would receive an experienced manager for support.

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