IQ Option Review
IQ Option - is a unique broker because it was mostly created by programmers instead of financial experts. IQ Option mobile platform for such operating systems as Android and iOS is also a very powerful program solution which is similar to an ordinary online platform which traders use for Fibonacci trading strategy, emini trading strategies etc. That’s why, nowadays, mobile trading through IQ Option is on a very high level, meaning that it is definitely worth trying as Android and iOS apps downloading is absolutely free.
Practical Use
When you upload a mobile app, you will immediately reach the platform. In the main window you will be capable of doing the following things:
- open a position by selecting an asset and an expiration;
- make an analysis of already opened positions;
- change a chosen asset;
- change the sum of invested funds;
- look at the history of closed trades;
- change an option type;
- change parameters of a chart depiction for linear or candle one;
It takes less than a few seconds to open a new position. Having said that, the level of opening is also shown on the chart. Position up looks like a green line whereas position down looks like a red line. Speaking about the colors, one should mention that when trading, color indication is a very significant moment because these noticeable elements (red, green) reduce the time for making a decision. The current price is depicted like a dashed line.
When you close a position, you will see a window on a display of your smartphone with a chart which will depict the levels of position opening and closing.
Additional Possibilities of a Mobile Platform
Different large brokers offer different additional opportunities. As we are talking about IQ Option, it gives a chance to look at a trader’s mood indicator. Unlike many other brokers that don’t pay much attention to it, IQ Option changes it every minute. From time to time, there appears a little window on a chart with congratulations to three traders who closed positions with profit. Besides that, under the diagram, you can come across an asset with the highest payout percentage of a current trading session. NOTE*** Don’t forget about a possibility to invest only $1, which is almost the same as trading with a demo-account.
Advantages:
- all actions are done from the main interface;
- opened positions immediately appear on a chart;
- mobile app offers a demo-account;
- pleasant and comfortable color indications that help to make a decision;
Disadvantages:
– no function of prescheduled selling;
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