Income & Binary IQ

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Binary IQ Scam Review

Binary IQ is an automated investment solution which was made accessible to online users just recently and whose anonymous founders promise to provide proven trading signals. It allegedly applies the Trend Following Method and all of the generated alerts have been time-tested.

This would mean that the Forex robot has investment data uploaded into its programming algorithm which dates back to 2020, the year that marks the beginning of the industry. One should not take this statement for granted as the group behind BinaryIQ System does not even provide an actual success rate for users to rely on.

It provides a limited number of expiries. There are only 5- and 30-minute ones. The signals-generating software is also paid and has only two account types – Pro which costs $169.99 and Dual whose price is $309.99.

Online users must proceed towards BinaryIQ Software with great caution. This auto-pilot system review will explain why it is a likely scam. Our suggestion for them would be to OR Pick a Legit System from the table below.

Table of Contents

Top Forex Robots

  • Price: $169.99-$309.99
  • Software: Signals-Generating System
  • Max Returns: 97%
  • Min Deposit: $250
  • Large Trading History Database
  • Operates 5 Days a Week
  • Limited Number of Expiries
  • Unreal Live Testing Results
  • Only 14 Signals per Day

Not Reliable Service

What is Binary IQ System?

BinaryIQ Software’s founding team claims that the Trend Following method which the Forex system applies can dominate all market conditions but user results and testimonials go on to prove that this is not true.

The presented average success rate of 97% is also highly unrealistic and must not be trusted. BinaryIQ System’s official website states that it operates in close ties with every single automated trading broker that exists on the web which leads us to the assumption that it also works with scam platforms.

This signals-accumulating software supposedly works according to the prominent Trend Following Method. It is also stated that its asset price movement [1] forecasts have been thoroughly time-tested and function just fine in every time zone.

User reports, however, suggest that this is not the real situation. Even though the team behind it claims that its accuracy rate is 97%, this is not true. There is also some kind of problem with the Rapid Delivery System through which signals are being sent to the individual investor.

Existing testimonials have been predominantly negative and are full of complaints about delayed response and inaccurate alerts. The ITM is also most definitely not 80%.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Is BinaryIQ Software a Scam or Authentic?

This Forex robot began its online existence quite promisingly, having an interactive interface and solid concept. Unfortunately, it was established by a group of unknown investors whose existence is dubious. Binary IQ also has connections to manual investment platforms [2] that are widely regarded as being a scam.

NOTE: FOR A BETTER ALTERNATIVE, VISIT OUR PROVEN-TO-WORK INVESTMENT PLATFORM

The safety and security of users’ funds can not be assured and affirmed. Trading with this automated trading system poses serious perils to all investments that were carried out through its platform. It is bet to rely on a truly legit robot.

Final Thoughts

BinaryIQ is not a genuine and authentic Forex software. Apart from being established by an undisclosed and untrustworthy group of people, it also presents online users with an unrealistic success rate and does not have the technical capacity to deliver the promised results. Feedback has been negative and there appear to be a lot of traders who have lost their savings because of this profit-amplifying solution.

Conclusion:

Our investigation team conducted a comprehensive investigation on Binary IQ to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Binary IQ is generating high profits. We found many reasons that made us suspicious about this robot being a scam.

In order to protect traders from bad trading experience and financial loses we recommend you to

Income & Binary IQ

Your current browser isn’t compatible with SoundCloud.
Please download one of our supported browsers. Need help?

Sorry! Something went wrong

Is your network connection unstable or browser outdated?

IQ Option Binary Options and Digital Options, what are the Differences?

Binary options wiki Q&A

IQ Option is one of the few online brokers that has managed to attract millions of traders from across the globe over a short amount of time. The main reason for this is their innovation and introduction of new features and instruments. One of their latest introduction is digital options trading.

This guide will look at both binary option and digital option. These are financial instruments offered by IQ Option.

What is an option

An Option is part of the derivatives types of assets. This means that their value is intrinsically tied to the value of an underlying asset.

When you buy or sell an option, you do not own the underlying asset. You’re typically speculating on whether the asset’s price will go up or fall over a specified period. Upon trade expiry, you will either earn a profit or incur a loss.

The profit is usually calculated as a percentage of your trade investment. The total amount you could lose is your trade investment amount. However, some brokers such as IQ Option will allow you to exit position before the option expires.

Binary option trading on IQ Option

Also popularly known as high-low option, binary option trading involves speculating whether the price of an asset will rise or fall over a given amount of time. Your trade entry marks the strike price.

If you anticipate that the option will expire when the price is higher than this, all you need to do is enter a higher position. The trade expiry is always predetermined. On the IQ Option platform, this ranges from 1 minute to 1 month.

IQ Option binary trades always have a fixed return which is calculated as a percentage of the trade investment. The return you receive depends on the asset being traded and market volatility.

Digital option trading on IQ Option

The digital option combines the power of binary option and the increase in price of the underlying asset. So rather than have a fixed return, the return for a digital option is calculated based on how far away the price moves from the strike price.

The further away the price moves, the higher the return. This means that you can potentially earn up to 900% return on investment when trading digital option. The trade expiry for digital option is 1 minute, 5 minutes and 15 minutes on the IQ Option platform.

Similarities between binary option and digital option asset types on IQ Option

Both option types have a predetermined expiry. Once the expiry period is reached, the position is automatically closed. The trade expiry for both is indicated by a vertical red line on your chart.

Both option types require you predict whether the price will be higher or lower than the strike price on trade expiry.

IQ Option offers binary option and digital option for currency pairs and commodities.

Differences between binary option and digital option on IQ Option

Binary option trading is dependent on the direction of the price relative to the strike price. That is, whether the price will be higher or lower than the strike price at trade expiry.

Digital option trading on the other hand is dependent on both the direction and the price distance from the strike price. That is whether the price will be higher or lower as well as how far away the price will be at trade expiry.

The return for binary option trading is fixed and predetermined at trade entry. The return for digital option trading on the other hand fluctuates as long as the trade remains open.

With binary option trading, the maximum amount you can lose is your trade investment. With digital option trading, your losses can be higher than your trade investment. The further away the prices move from your prediction, the higher your percentage loss.

Binary Option have expiry periods ranging from 1 minute to 1 month. The digital option on the other hand has trade expiry periods lasting 1 minute, 5 minutes or 15 minutes.

Trading binary option on IQ Option

Once you’ve logged into your trading account, click on the select assets feature (plus sign at the top of your trading interface).

Next, select options then binary. Choose the asset pair you want to trade with. Use a Japanese candles chart with 5 minute interval candles.

After analyzing the chart, enter the amount you want to trade. Next, enter the trade expiry. While using 5 minute candles, the minimum expiry should be 5 minutes.

Trading digital option on IQ Option

Once you’ve logged into your IQ Option account, click on the select assets feature. Click on options and then select digital. Next, choose the assets you want to trade with.

Set up a Japanese candles chart with 5 minute interval candles.

At the right of your chart, you’ll see sets of boxes with prices in them. If you hover your cursor over these boxes, you’ll notice that the higher and lower buttons have possible percentage profits you can earn. For example, if the higher button shows a +250% profit, it simply means that you can make this amount if the price is higher than the strike price (price cursor is at) upon trade expiry.

Once you’ve analyzed the chart and determined the direction the price will take, follow these steps:

  1. Select the strike price
  2. Enter your trade amount
  3. Select the trade expiry
  4. Select direction (higher or lower)

Conclusion

As you’ve seen, binary option and digital option have similarities and differences. Digital options have a higher risk-return compared to binary options. Now that you’ve learned about both, try them out in your IQ Option practice account today. We’d love it if you share your experience in the comments section below.

How useful was this post?

Click on a star to rate it!

Average rating 4.7 / 5. Vote count: 109

No votes so far! Be the first to rate this post.

As you found this post useful.

Follow us on social media!

We are sorry that this post was not useful for you!

Top 3 Binary Options Brokers: Comparison of IQ Option, Binary.com and HighLow

IQ Option: Top Binary Options Broker

What are the top 3 binary options brokers today? Arguably, these are also one of the most popular, secure and regulated brokers in the industry. In this article, we’ll take a closer look at the terms, assets, trading platforms and accounts of:

Binary options brokers provide traders a platform to do their online trading in a secure environment. These companies also provide you with guidance and assistance online by helping you facilitate your binary options trading account.

Since there are many binary options brokers to choose from, we have gathered the top 3 binary options you can use if you’re planning to get started in your trading endeavors.

An example of a candlestick pattern, specifically the Morning Start Pattern, in binary trading. (Source: The Binary Optioner)

Growth of Binary Options

Many investors find binary options attractive and it appealed to numerous traders and newcomers. As the industry grows, brokers are also expected to become more reliable and trustworthy. According to Finance Magnates, the European Securities Markets Authorities (ESMA) even updated their regulatory framework to secure a fair treatment between traders and brokers in EU, particularly when it comes to brokers offering bonus systems to attract new clients.

Equipped with the right understanding and informed decision-making about binary options trading, there’s a potential for you to reap a huge sum of money through this trading option. This trading can reap you significant rewards, although, perhaps, not as stark as this rags to riches story from binary options as reported by The Sun.

How to Choose A Binary Options Broker

Choosing your binary options broker is one of the most crucial decisions you’ll make before executing any binary options trade. Since it’s a volatile market, having a good understanding of how this type of trading works and what to look for in an online trading platform is vital. Here are some factors to keep in mind:

  1. Assets. Brokers offer a wide variety of assets, hence, you must look for a platform that offers the type of asset you’re interested in.
  2. Payment methods. Having a variety of payment methods proves a broker’s reliability as it shows payment service companies trust them. Also, it provides you with many options to choose from according to your convenience.
  3. Demo account. This allows traders to test their skills without risking their own money and capital. Not all broker offers this type of account, hence, checking beforehand if it’s available is essential to potentially help you increase your trading success rate.
  4. Customer service. A reliable broker that you can easily contact regarding any issue or inquiry is valuable. Additionally, it’s also recommended to choose one that’s available in your language and has several contact channels, live trading charts, and tutorials.
  5. Bonus money. This is optional, but looking at brokers that offer bonuses may appeal to you to maximize your investment.

Top 3 Binary Options Brokers

1. IQ Option

IQ Option is the leader of our top 3 binary options platforms with its top-notch user interface for traders and excellent fusing of functionality and transparency. It is considered as one of the most reliable and trustworthy binary brokers in the industry as it’s licensed and regulated by the Cyprus Securities and Exchange Commission (CySec). The company is fully compliant with all the regulations of the commission and is authorized to operate and sell their products in a number of jurisdictions.

The online trading platform is one of the best in industry standards. Aside from binary options, IQ Option also offers other alternatives including Contracts for Difference (CFDs) on stocks, Cryptocurrencies, Forex, Exchange Traded Funds (ETF), and digital options (with assets such as commodities, currencies, indices, and stocks).

It’s a robust application that’s packed with features that meet the needs of different types of traders – from professional ones to the newcomers – as it’s both functional and easy to use. Learning how the platform and binary options work is streamlined with the wealth of education and training resources provided by IQ Option. Materials such as tutorials, videos, webinars, e-books, and FAQ sections are easily available for traders to utilize.

Additionally, it offers convenience to its users with flexible deposit and withdrawal methods. It gives its users a wide array of options to fund their account via debit card, credit card, Skrill, WebMoney, Cash U, Neteller, Moneybookers, wire transfer, and even using Bitcoins. Withdrawing money is just as convenient.

If you’re interested in trying out this broker your can easily start trading with IQ Option here.

Terms

  1. Minimum deposit: $10
  2. Payout: 91%

Platforms

IQ Option is equipped with one of the most sophisticated platforms in the binary trading industry which is overhauled and updated to equip more advanced tools and features such as take profit levels and spot losses. Here are the devices you can use:

  1. Desktop. The app can be downloaded or accessed in the web on your PC or Mac. It offers four different layouts (line, candlestick, area, and bar) to view the charts according to your preference. It lets you make multiple trades and has technical analysis features.
  2. Mobile. It has a tailored mobile app that’s available on Android, iOS, and Windows versions. The interface is familiar as it’s designed to match the desktop version’s buttons, screen, look, and feel.

Accounts

  1. Demo account. One of the best in the industry, IQ Option gives users a demo account with a renewable supply of virtual funds. It runs alongside a real money account.
  2. Live account. Traders can immediately start trading by depositing a low minimum investment amount of $10 to access your live account. Having a real account allows users to participate in trading competitions, access more than 70 assets, and request withdrawal processing within 24 hours.
  3. VIP account. In addition to the features of a real account, a VIP account provides you a personal manager to assist you with any issues and inquiries and a monthly report on your trading records for insightful feedbacks. This account has higher payouts, entry to bigger tournaments, and exclusive educational materials. To get a VIP account, the user must deposit a minimum of $3,000.

2. Binary.com

Next on the list is Binary.com, one of the more established and respected brokers for binary options. It is fully licensed and regulated by the Isle of Man’s Gambling Supervision Commission which ensures the company stays compliant with the relevant regulations. It has one of the lowest minimum deposit requirements in the industry which makes it appealing to many traders.

The platform is known for being simple, straightforward, and easy to use. This lets you seamlessly execute your trade within seconds, track your portfolio in real time, sell trades at market prices and identify the appropriate trade for each market condition. As you scroll down, you’ll see comprehensive chart features that you can view in interactive, pop-up, line, and legacy viewing options. The trade types they offer include Rise/Fall Option Contract, Higher/Lower Option Contract, Touch/No Touch Option Contract, and Tick Trades which all sets them apart from other brokers.

Binary.com allows users to trade with flexibility. You can choose from a duration of 10 seconds to 365 days, a payout from $1 to $50,000, your own strike, and assets that range from stocks, indices, commodities, and major currencies. Another innovative feature of the platform is their “Binary Bot” service that assists traders to configure and build their auto-trader. Depositing and withdrawing funds to and from your account can be done by debit and credit card, e-wallets (such as Skrill and OK Pay), money transfer, and bank wire.

Terms

  1. Minimum deposit: $5
  2. Payout: 90%

Platforms

  1. Desktop. It has a user-friendly platform with the basic functionalities and detailed features. It operates in real-time and lets you execute trades within seconds.
  2. Mobile. Retaining the desktop version’s look and feel, the mobile app is optimized for Android and iOS devices. It’s designed carefully for traders to do quick, on-the-go trading anytime, anywhere.

Accounts

Binary.com only offers two straightforward account types:

  1. Virtual demo account. A Binary.com demo account that you can quickly sign up on from your desktop or smartphone. It provides $10,000 for novice traders to practice and get the hang of trading binary options before even depositing your own money.
  2. Real account. Once you decide to move to a real trading account, all you have to is make a very low initial deposit of $/£/€5. You can then easily access your virtual and real account via the menu box as you need.

3. HighLow

Placing on the third spot of our top 3 binary options brokers is HighLow. It’s a web-based online trading platform that’s designed with flexibility for novice and veteran traders. Regulated by the Australian Securities and Investment Commission (ASIC), it’s one of the industry-leading brokers that give you high payouts, free demo account, and real-time market prices.

The trade types they offer includes HighLow, HighLow Spread, Turbo, and Turbo Spread. The expiry time ranges from 15 minutes, 1 hour, and 1 day. For the Turbo option, traders can choose from 30 seconds, 1 minute, 3 minutes and 5 minutes. They also offer a bonus promotion of $50 cash back after your first trade whether you win or lose.

HighLow continues to be a popular name in the trading industry which shows a promising direction on aspects of the platform that users want them to improve, such as the list of their assets. The minimum deposit amount can be funded through hassle-free methods using your preferred currency that ranges from USD, AUD, EURO, and GBP. Meanwhile, withdrawal can be done instantly through credit card and Neteller while bank account withdrawals can take up to 3 days.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Like this post? Please share to your friends:
Binary Options Trading For Beginners
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: