Perhaps today, almost everyone is dreaming of having a stable and maximum income with minimal investment. But is this possible? Yes, such opportunities exist. One of them is binary options trading.
Of course, disputes about whether it is possible to seriously get rich due to fluctuations in the exchange rate or not, are still breaking out. Someone considers binary options as a promising business, while someone classifies them as a scam. One way or another, but the popularity of the above method to improve the financial condition is gaining momentum. Today in the binary options market there are a huge number of brokers who offer to make good profit by raising or lowering the exchange rate of a particular currency. The choice of a platform is a purely individual matter, but we can already say that leaders in this segment have appeared in terms of demand.
For example, many have been haunted by the question of how to make money on the IQ Option.
Is it possible without investment?
In fairness, it should be noted that the bulk of new traders initially have a plan for quick enrichment, subject to minimal or even zero costs.
Unfortunately, this is a myth: investing 1 ruble and getting ultimately 100,000 rubles will not work. Anyone who is interested in how to make money on IQ Option should remember the following: invest a little. To successfully trade binary options, you need certain theoretical knowledge and experience.
Is there a universal secret that provides a clue to how to make money on the IQ Option? Believe me, it is not. Whatever trading strategies you use, you need to remember that they are imperfect and fail. The main components of success here are experience and the ability to analyze the market.
Demo account
Anyone who has never been involved in trading before and puzzles over how to make money on IQ Option without investments should not forget that free cheese is only in a mousetrap.
It is not necessary to build any illusions that without investment, knowledge and experience on binary options, you can greatly enrich yourself. It is for such dreamers that the platform developers came up with a demo account that allows you to try your hand at trading without any risk. This option makes it possible to test a wide variety of strategies and, in the case of a negative result, not to lose their "hard-earned". Yes, you cannot withdraw virtual money, but you will gain invaluable experience. Only after some time, having “gotten a hand” and studied the laws to which the binary options market obeys, can one switch to a real account. Do not forget to communicate with experienced traders and ask them questions. But even if you feel that your chosen strategy is not effective enough, and the deposit on the real account is close to zero, do not despair. Perhaps you are doing something wrong: use the demo account again and experiment.
Real account
How to make money on IQ Option? It is very important to learn how to start correctly. Your first bets should not be large, otherwise you can lose everything quickly. Experts recommend starting with an amount not exceeding 10% of the deposit. And here, the developers of the IQ Option platform made it easy for beginners to start a business.
The minimum deposit is 300 rubles. Agree, this is a “soft” entry. If your account has just such an amount, then your initial bid should not exceed 30 rubles. You must also determine in advance the currency pair with which you will work. It must be volatile. The most popular are: "euro - dollar", "dollar - yen", "pound - dollar". Of great importance for successful trading is the time of day. For example, in the afternoon some currency pairs have good volatility, and in the evening, on the contrary, it is minimized. What else do you need to know for those who are not allowed to sleep peacefully the question: "How to make money on IQ Option?" First of all, you need to make a clear plan of how much you want to profit from trading on the currency exchange. This should be a specific amount recorded on paper, and not thoughts and dreams such as: "The more the better." You should have before your eyes the amount that you intend to receive for the day, for the week and for the month. Planning in binary options is a very important and necessary thing, you should not neglect it.
Strategies
Why is the IQ Option platform today one of the leading positions in the popularity rating? Well, firstly, the company that created it is a long-liver in the binary options market and has already gained great prestige among customers. Secondly, as already emphasized, the above platform provides loyal conditions for beginners in comparison with other competitors.
To start a business, it is enough to invest only 300 rubles. This deposit allows you to smoothly disperse to those who do not have much experience in trading on the currency exchange. Want to know how to make money on IQ Option? Strategy is what helps you with this. As already emphasized, there are a huge number of them: “Binary Gambit”, “Bollinger Lines”, “Japanese Candles”, “Staircase”, “Good Martin” and so on. Strategies help build indicators that reflect currency fluctuations over a certain period of time. Some use several indicators at once in order to increase the chances of success. However, do not be too hopeful: any strategy is only 70-80% effective and may fail.
Know the measure
There is another important rule for those who care about the question: "How to make money on IQ Option?" In binary options you need to have a sense of proportion. For example, you should clearly know how many transactions you need to complete per day.
If ten is planned, then the eleventh is out of the question, even if 90% of them turned out to be winning. If you neglect this rule, you can lose the whole deposit in one day.
Conclusion
And of course, novice traders need to remember that the foreign exchange market is a dynamically changing phenomenon, so today one strategy can be effective, and tomorrow it is another. It is impossible to predict the development of events in the future.
Be mentally prepared for the fact that you can lose your money, since not all transactions in binary options are profitable. As a rule, their share is from 60% to 90%.
Currently, the IQ Option platform has been largely updated: additional technical analysis tools, indicators and more have appeared. All this increases the chances of making serious profits.