Binary Options Trading in the UK

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We review the v4. Binary options are prohibited in EEA. As a regulated firm, IQ Option can only offer trading to professional clients. FX Options include the fixed expiry and limited downside of a binary trade — but also provide scope for larger upsides. Despite being relatively new to the sector, having formed inIQ Option have grown rapidly.

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This growth was due, in part, to offering low minimum deposits — making trading accessible to large numbers of traders, and ensuring they offered a smooth, enjoyable trading platform. Strong affiliate partnerships boosted growth at a record pace.

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They now offer traditional forex trading, and also cfds. They led the way in cryptocurrencies, offering direct trading access to Bitcoin, Ethereum and others. In addition to these new trading options, they also added risk management features.

Tools such as stop losses and take profit have been added to ensure the forex and cfd traders have all the advanced features they would expect with leveraged products. IQ Option are not a scam. The brand continues to grow and innovate and traders will be offered a demo account practice account immediately on registering, without the need for a deposit.

Available to anyone via the demo login. Bonus details — None. CySec moved to end the practise of deposit binary options buttons bonuses and as a regulated broker, IQ no longer offer a deposit bonus. Mobile App — Yes. IQ provide an excellent mobile trading app. These are binary options buttons in more detail below.

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It is a visually binary options buttons platform, and sets the gold standard for binary options brokers. The old strengths remain — it is a fully configurable platform. Traders can arrange trading windows as they wish — focus on just binary options buttons, or manage a whole range — whatever suits the trader best.

Binary Options Trading in the UK

All can be traded simultaneously. The price graph makes up the main part of the trading platform. But down the left hand side of the trading area are the navigational buttons to move to different areas of the website these can be collapsed when not required — and alongside those are some powerful technical analysis features. New technical analysis tools have been provided, and these are available from a small menu at the bottom left corner of the price graph.

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Plot Type This option allows traders to amend the graph to a format they prefer to work with. Options include the traditional candlestick, line and bar charts — in addition to the default area graph.

Each can be tailored in terms of colour and appearance. Time Interval This is an added area of flexibility.

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It is surprising how many brokers overlook the fact that traders may want to expand or collapse the time frame of the price graph they are looking at. IQ have added a great layer of flexibility for traders to dive into the price charts and map any trends accurately. Graphical Tools A natural progression from allowing the charts to be expanded, is to allow traders to draw their own interpretations on to charts. The graphical tools allow traders to add trends, or support and resistance lines — the tools can be used however a trader wishes.

This is vital for traders wanting to get their timing right — but again, not always something that is provided on other trading platforms.

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Indicators Technical Analysis Binary options suit technical analysis, and IQ have provided 9 technical analysis techniques that can be overlaid on the price graph. Again, each tool is configurable, so moving binary options trading advisor can be amended to suit the trader. In all seriousness, these tools are as powerful as any high end CFD or Forex broker and IQ really have raised the bar within binary options.

More configurable IQ have added more configurability to the platform, so traders can set their own colour schemes and hide or show menus depending on their preference. IQ Option also try and add new features to give traders more flexibility. The Position Top-up facility means traders can add funds to a trade to keep it open if it approaches a stop loss. This offers new choices in terms of risk management or trading strategy.

Charts There are tools to amend the time frame of the chart, as well as the plot type for example, bar charts or candlesticks etc. They are added instantly to the chart and traders can refine their trades binary options buttons they need. The drawing buttons allow traders to add freehand graphics to the charts — so they can add trend lines or resistance and support levels.

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The charting is now on par with some of the leading CFD broker offerings — it is a massive plus for IQ. As ever, this shows the way other traders are trading the particular asset.

Above that are options to minimise or close the current asset trading window.

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The charting offers experienced traders the chance to perfect the best strategy. Select An Asset To select an asset, traders can select the drop down arrow at the top of the platform. Once selected, the price graph will update for the chosen market. Open positions will also appear as a new tab here — making switching very easy.

  • Some tools are only made available once a trader has registered — this is purely so the broker has some contact details for things like trading seminars or web based demonstrations.
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The price graph presents all the relevant trading information. The graph itself illustrates the recent price movements, but overlaid on the graph will be vertical lines showing the purchase deadline the time by which a trade must be confirmed and the expiration time. Also listed on the right hand side are the other key figures for the trade. Binary options buttons payout for that specific asset is then displayed. This confirms the percentage returned in the event of a successful trade.

Next comes the Profit indicator, this shows exactly what figure will be returned if the trade is placed — and includes the original investment amount.

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Finally in the bottom right are the trading buttons. They are clearly marked, not just with the relevant wording, but with arrows to indicate the trade direction as well — and just incase that were not enough, when each button is hovered over, an arrow will appear on the price graph, to show which way the price will need to move in order for the trade to finish in profit.

Where forex of cfd trades are opened, the layout will differ. Additional information such as leverage and stop losses will appear as and when relevant.