IQ Option iOS Platform Review! Recently, even Apple decided to take a stance against unfair representatives of the binary options industry. During this process, they began implementing stricter regulations in the Appstore application market. As a result, it was decided to block all binary options applications.
Today we’ll look closer at the updated IQ Option mobile application for iOS, which offers you three new investment products in one IQ Option Platform – iOS App Review!
The incredible growth of the financial technology industry has become the forerunner of many new products, services, and innovations in the financial market. But unfortunately, the rapid development of the binary options industry, as one of the fintech products, has led to the emergence of many unscrupulous market participants.
IQ Option iOS Platform Review
- The minimum Deposit is $10, and the $1 Minimum Trade Size
- Demo Account Without Deposit – Click Here To Open an Account
- Great Trading Platform for Crypto, Forex, Stocks, ETFs, and binary options!
- Up to 92% Profit (*) – The amount will be credited to the account in case of successful investment!
- Great Trading Tournaments Every Month – (*) Tournaments are subject to Terms & Conditions, and clients residing in the European Union can’t access Trading Tournaments
- IQ Option Best Binary Options Broker. Trade Crypto, Forex, Stocks, and ETFs
IQ Option iOS Platform Review
Click on the button below to open an IQ Option account now:
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Such obstacles can slow many companies down and severely hamper unscrupulous brokers, but IQ Option is not the case.
To distance itself from the “binary options broker” label, IQ Option launched an updated application with three utterly new trading tools.
From now on, there are no more options in the application; their place was taken by more complex and profitable tools, such as CFD and Forex, Cryptocurrencies.
And the cherry on the cake is the opportunity to invest in one of the most popular cryptocurrencies at the touch of a button. So now you have all the cutting-edge financial instruments at your fingertips.
The updated version of the application hides three new derivatives. However, it’s still the same mobile IQ Option application, which was loved for its excellent design, user-friendly interface, and neat features.
You can still use various technical analysis tools, quickly switch between assets using tabs, close positions using the buyback function, and many other essential trivialities that were time-tested.
Let’s take a closer look at the new financial instruments, and we’ll start with the CFD.
IQ Option iOS Platform Review
Contract For difference is self-explanatory and means a contract for the price difference.
This financial instrument allows traders to invest in an asset without owning it. This means the seller will pay the buyer the difference between the current price and the price at the “time of the contract.”
Also, this asset has a multiplier. For example, a multiplier of 300x means that if the price of an asset grows by 1%, then your return on investment will increase by 300%, but with a multiplier, your position will lose value much quicker if the price of an asset begins to fall.
But do not forget that all assets, including CFD, are so-called “protected assets.”
This means that even though the trader’s profit may sometimes exceed his initial investment, the user will never be able to lose more funds than the amount of his investment.
History knows a couple of examples where traders would go bankrupt due to the volatility of an asset. But you can rest assured that it won’t happen here.
IQ Option iOS Platform Review
Forex on the IQ Option platform differs very little from CFD; it can be said that the most significant difference between them is available assets: CFD allows traders to trade on a stock market, while forex provides trading in foreign exchange markets.
As with CFD, you can use a multiplier up to 1000x, there is also a spread, and forex is a protected position, which means that even though there is an unlimited profit, you can not lose more than the amount of your investment.
And we’ve left the most exciting part for the end.
Cryptocurrency is perhaps the most exciting thing that has happened to finance since its inception.
Like a virus, more and more people are learning to invest and use crypto-currencies.
At the moment, cryptocurrencies are increasingly emerging in the news because they show frightening dynamics of growth. In an attempt to protect the traditional fiat currencies, bitcoin is often referred to as a Bitcoin bubble, meaning its inevitable collapse.
However, many leading experts predict that the technology of blockchain and smart contracts will change the world as the internet changes it, and we have yet to witness many other price records.
IQ Option iOS Platform Review
Now IQ Option traders have a simple opportunity to invest in 6 of the most popular and promising cryptocurrencies at the touch of a button, thereby opening the position for the amount of the investment that will grow and fall in price correspondingly to the rate of the selected currency.
You can also close your position and claim profits by pressing the “sell” button.
Given that the position you open has no expiration and can stay open literally for years, this trading tool may become the most profitable.
As a result, the strengthening of regulation should change the industry of financial technologies in a very positive way, moving it into a completely legal trading zone around the world. In any case, sophisticated regulation tools allow leaving only companies ready to offer a truly high-quality service to their customers.
IQ Option iOS Platform Review
IQ Option is, undoubtedly, one such broker, and their updated application for iOS is vivid proof of that.