Managed and owned by IQ Options Europe Ltd, IQ Option is a financial services provider that is based in Cyprus. Designated as a Cypriot Investment Firm (CIF), the trading platform comes under the jurisdiction of the Cyprus Securities Exchange Commission (CySEC). The foreign exchange market, called also forex or the FX, is the largest financial market in the world. It is the most liquid one as well. High volatility creates more opportunities for trading. Today I am going to explain how to trade forex on the IQ Option platform. The base for the FX is purchasing […] Forex overview. The Foreign Exchange (Forex or fx) market is the largest in the world today with over $1 trillion being exchanged daily. This market involves exchanging different currencies. The fx market developed as a result of trade and other financial transactions occurring between countries, institutions and individuals. IQ Option is a popular and well-regulated CFD broker offering trading on Forex, stocks, cryptocurrencies and options. IQ Options appears to make Forex trading more accessible to beginners through its easy-to-use trading platform, but with trading costs much higher than the industry average most traders will struggle to be profitable. Important Forex Market Information. IQ Option website offers clients from the UAE Forex trading in Dubai. Forex is an international financial market, founded in 1976. Here is an interbank exchange of different currencies at free prices. Forex participants are not only private traders. Comparing this market to the stock market is one way to grasp the sheer scale of it; the average traded value of the global stock market is around $ 2,000 billion per day, while Forex trading surpasses $ 4.9 trillion daily. Unlike some other markets, this is no central market for Forex trading. The Central Bank has a very important role here, to balance these general Rates and also Forex Rates, so growth in the country will continue and the inflation is stable. High interest rates can have a side-effect which will keep investors from foreign countries to invest in companies and assets in the country. The main highlights of Forex trading: Firstly, sign up to IQ Option trading platform. If you are a newbie in Forex trading, we recommend you to start with a Demo account (with rechargeable virtual $ 10 000), so you don't have to worry about losing your real money. Forex Trading in IQ Option: Forex prices are usually determined through bid price and ask price. The former is the money a person is eager to sell a currency at one time, while the latter is the money a person is willing to buy a particular currency at a time. To start Forex trading, the following steps are demanded: 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).
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