Navigating the Financial Landscape with IQ Option

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IQ Option platform is ideal for those who trade on a limited budget. The broker has a low barrier to entry, a good reputation in the market, and many in-built trading tools. Here are some ways to nurture your account to the professional level.

Many brokers set a minimum deposit threshold of several hundred or thousand dollars. Because of this, many traders have dropped already at the deposit stage. The minimum deposit at IQ Option starts from $10 or 830 INR, while the minimum investment is only $1.

Small investments at the beginning of the journey are not a forced measure, but rather a recommendation: start with small and comfortable amounts in order tofeelthe losses. To reduce the risk of losing funds, one needs lots of practice. IQ Option demo account is a great training camp for future traders.

The account is free and charged with $10,000 (825 INR),has no expiration date, and can be replenished at any time. The IQ Option trading platform runs on the margin engine. Margin trading means you can trade with extra funds borrowed from the broker (leverage).

This way, you can enter the market with near-professional investment amounts and potentially get higher profits. At the same time, margin trading is riskier, since your losses would also be higher. With margin trading, each dollar or rupee you invest will be multiplied by a certain fraction borrowed from the broker.

For example, if you invest $1 (82 INR) with the leverage of 1:50, your tradable amount will be $50 (4130 INR). To secure the trade, the broker will freeze a pre-agreed amount (margin) on your account — just like a bank would give you a loan for a car and use the car as collateral for the loan. The minimum margin amount for each trade is 0.2%, the platform