How to Trade Forex with IQ Option - Guide & Review 2021

India sees the decentralized global Forex market as a threat to its sovereignty. For this reason, the government of India has limited Forex trading to a great extent. On Dec 10, 2015, the Reserve Bank of India permitted exchanges to offer options and futures contracts in three currency pairs: GBP/USD, EUR/USD, and USD/JPY. Trade stocks, ETFs, forex & Digital Options at IQ Option, one of the fastest growing online trading platforms. Sign up today and be a part of 17 million user base at IQ Option. To trade forex on margin on the IQ Option platform, follow these steps: 1. Open a new asset and select “Forex”. 2. Enter a trade size by clicking the “Quantity” button. 3. Set optional parameters if you wish: - If you would like to open a position with the expiration time, press the “Expiration” button. - Set the take-profit/stop-loss levels. 5. If you're trading currency pairs on IQ Option (forex, option or digital option), the time which you choose to trade coupled with the currency pair will play a huge role in your success. There are four major forex markets; Sydney, Tokyo, London and New York. Depending on your timezone, each market is either open during the morning, afternoon or evening. Leverage is what makes it viable for many individuals to partake in the forex market under normal trading conditions (minimum trade size = 0.01 lots). Without access to leverage, a person with a trading account of $250 would not be able to trade forex if the minimum lot size were 0.01 lots, which would require more or less $1000 of capital. A forex trader in India can work for any number of firms or financial companies, meaning they have years of experience in doing this, whilst knowing the ins and outs of the market and how it works. The main objective of a forex trader is to buy and eventually sell shares through making profits from the market fluctuating. India’s main state owned regulatory body for securities markets is Securities and Exchange Board of India (SEBI) which is overseeing the providers on Indian’s financial market. Established back in 1995 SEBI is the official agency that is responsible for issuing the license for forex brokers doing business in this country. IQ option in India is a tool that permits you to ponder not only on the way of the cost, but also on the scale of its change. If the price of the fundamental property reaches the threshold chosen by the trader (the so-called "strike price"), the profit can be up to 900%. Open an IQ Option account. Press '+' in the upper menu to an open new asset. Select the currency pair you prefer for trading (40+ pairs are suggested totally). Press the option you've decided to invest in (take into account that different multipliers are suggested for different assets). You can practice Forex Trading in India with IQ Option without being concerned about the laws. To put down funds in your IQ Option account, you can’t use Debit card. For Indian traders, the available payment methods include Skrill, Web Money, Credit Card, AstroPay, Neteller, Bitcoin, Yandex, FastPay, and Qiwi Wallet.

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