FX Options on IQ Option – How to profit from this new trading product! FX Options is a new trading instrument introduced by IQ Option in late 2018. The company launched the product as an alternative to binary options. Traders can buy Higher and Lower options with expiry times.
IQ Option Broker Details:
- The minimum deposit is $10
- $1 Minimum Trade Size for Binary Options & 30$ Minimum Trade Size for FX Options
- Demo Account Without Deposit – Click Here To Open an Account
- Great Trading Platform for Crypto, Forex, Stocks, and ETFs along with Binary Options, Digital Options & FX Options!
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- up to 95% Profit (*) – The amount will be credited to account in case of successful binary options investment!
- Great Trading Tournaments Every Month – (*) Tournaments are subject to Terms & Conditions and clients residing in the European Union can’t access to Trading Tournaments
- IQ Option Best Binary Options Broker. Trade Crypto, Forex, Stocks, and ETFs
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FX Options vs Binary Options
There are some similarities between Binary and FX Options but also many differences. The good news is that with FX Options, the potential payout is not limited and your profit could grow until you decide to close the option.
The main difference between the two instruments is the payout system. With binary options, the predefined payout is fixed, and with FX options, the potential profit might significantly increase. With both instruments, the risk is limited to the amount you decide to invest.
Expiry Time
When you trade binaries, you can choose your expiry time from plenty of available times, such as 60 seconds and 5 minutes. While on FX Option, the expiry starts every hour and you decide when to enter, which means the expiry time cannot be more than one hour.
Strike Price
With binary options, you usually buy the contract at the current market price. When you trade FX Options, you can choose your strike price. There are plenty of available strikes, so you can manage your potential profit and risk.
FX Options on IQ Option – How to profit from this new trading product
Wednesday, March 20, 2019