How to Register and Start Trading with a Demo Account in IQ Option
The demo account on the platform is technically and functionally a complete copy of the live trading account, except that the client is trading with the use of virtual funds. Assets, quotes, trading indicators, and signals are completely identical. Thus, a demo account is an excellent way of training, testing all kinds of trading strategies, and developing money management skills. It is a perfect tool to help you make your first steps in trading, see how it works, and learn how to trade. Advanced traders can practice various trading strategies without risking their own money.
How to Register in IQ Option
How to Register with an Email
1. You can sign up for an account on the platform by clicking the “Sign Up” button in the upper right corner.2. To sign-up you need to fill in all the necessary information and click "Open an Account for Free"
- Enter your First name and Last name
- Choose your country of permanent residence
- Enter a valid email address.
- Create a strong password.
- Read "Terms Conditions" and check it
Congratulation! You have registered successfully. Now if you want to use Demo Account, click "Start Trading on practice account".
Now you are able to start trading. You have $10,000 in Demo Account. A demo account is a tool for you to get familiar with the platform, practice your trading skills on different assets and try out new mechanics on a real-time chart without risks.
You can also trade on a real account after depositing by clicking "Top Up Your Account with real funds".
To start Live trading you have to make an investment in your account (The minimum deposit is 10 USD/GBP/EUR).
Refer to this article to know more about Deposit: How to make a Deposit in IQ Option
Finally, you access your email, IQ Option will send you a confirmation mail. Click the link in that mail to activate your account. So, you will finish registering and activating your account.
How to Register with a Facebook Account
Also, you have the option to open your account through the web by Facebook account and you can do that in just a few simple steps:1. Click on the Facebook button
Then It will ask you that you are 18 years old or older and accept Terms Conditions, Privacy Policy and Order Execution Policy, click "Confirm"
2. Facebook login window will be opened, where you will need to enter your email address that you used to register in Facebook
3. Enter the password from your Facebook account
4. Click on “Log In”
Once you’ve clicked on the “Log in” button, IQ Option is requesting access to: Your name and profile picture and email address. Click Continue...
After that You will be automatically redirected to the IQ Option platform.
How to Register with a Google account
1. To sign up with a Google account, click on the corresponding button in the registration form.Then It will ask you that you are 18 years old or older and accept Terms Conditions, Privacy Policy and Order Execution Policy, click "Confirm"
2. In the newly opened window enter your phone number or email and click "Next".
3. Then enter the password for your Google account and click “Next”.
After that, follow the instructions sent from the service to your email address.
Register on IQ Option iOS App
If you have an iOS mobile device you will need to download the official IQ Option mobile app from App Store or here. Simply search for “IQ Option - FX Broker” app and download it on your iPhone or iPad.The mobile version of the trading platform is exactly the same as web version of it. Consequently, there won’t be any problems with trading and transferring funds. Moreover, IQ Option trading app for iOS is considered to be the best app for online trading. Thus, it has a high rating in the store.
Registration for the iOS mobile platform is also available for you.
- Enter a valid email address.
- Create a strong password.
- Select your country of permanent residence
- Check "Terms Conditions" and click "Register"
Congratulation! You have registered successfully, click "Trade on Pratice" for Trading with Demo Account.
You have $10,000 in Demo Account.
Register on IQ Option Android App
If you have an Android mobile device you will need to download the official IQ Option mobile app from Google Play or here. Simply search for “IQ Option - Online Investing Platform” app and download it on your device.The mobile version of the trading platform is exactly the same as web version of it. Consequently, there won’t be any problems with trading and transferring funds. Moreover, IQ Option trading app for Android is considered to be the best app for online trading. Thus, it has a high rating in the store.
Registration for the Android mobile platform is also available for you.
- Enter a valid email address.
- Create a strong password.
- Select your country of permanent residence
- Check "Terms Conditions" and click "Registration"
Congratulation! You have registered successfully, click "Trade on Practice" for Trading with Demo Account.
You have $10,000 in Demo Account.
Register IQ Option account on Mobile Web Version
If you want to trade on the mobile web version of IQ Option trading platform, you can easily do it. Initially, open up your browser on your mobile device and visit the website of the broker.Click the "Trade Now" button in the center
At this step we still enter the data: email, password, check "Terms Conditions" and click "Open an Account for Free"
Here you are! Now you are able to trade from the mobile web version of the platform. The mobile web version of the trading platform is exactly the same as a regular web version of it. Consequently, there won’t be any problems with trading and transferring funds.
You have $10,000 in Demo Account.
Frequently Asked Questions (FAQ)
How much money can I make on the practice account?
You cant take any profit from transactions you complete on the practice account. You get virtual funds and make virtual transactions. It is intended for training purposes only. To trade using real money, you need to deposit funds to a real account.
How do I switch between the practice account and the real account?
To switch between accounts, click your balance in the upper-right corner. Make sure you are in the traderoom. The panel that opens shows all your accounts: your real account and your practice account. Click an account to make it active so you can use it for trading.
How do I top up the practice account?
You can always top up your practice account for free if the balance falls below $10,000. First, you must select this account. Then click the green Deposit button with two arrows in the upper-right corner. A window opens where you can choose which account to top up: the practice account or the real one.
Do you have apps for PC, iOS, or Android?
Yes, we do! And on computers, the platform responds faster in the application for Windows and Mac OS. Why is it faster to trade in the application? The website is slower to update movements on the chart because the browser doesnt use available WebGL capabilities for maximizing the computers video card resources. The application doesnt have this limitation, so it updates the chart almost instantaneously. We also have apps for iOS and Android. You can find and download the applications on our download page.If a version of the app is not available for your device, you can still trade using the IQ Option website.
How can I secure my account?
To secure your account, use 2-step authentication. Each time you log in to the platform, the system will require you to enter a special code sent to your phone number. You can activate the option in the Settings.How to Trade Binary Options at IQ Option
What is an asset?
An asset is a financial instrument used for trading. All trades are based on the price dynamic of a chosen asset.To choose an asset you want to trade on, follow these steps:
1. Click on the asset section in the top of the platform to see what assets are available.
2. You can trade on multiple assets at once. Click on the “+” button right from the asset section. The asset you choose will add up.
How to Trade Binary Options?
1. Select an asset. The percentage next to the asset determines its profitability. The higher the percentage – the higher your profit in case of success.Example. If a $10 trade with a profitability of 80% closes with a positive outcome, $18 will be credited to your balance. $10 is your investment, and $8 is a profit.
Some asset’s profitability may vary depending on the expiration time of a trade and throughout the day depending on the market situation.
All trades close with the profitability that was indicated when they were opened.
2. Choose an Expiration Time.
The expiration period is the time after which the trade will be considered completed (closed) and the result is automatically summed up.
When concluding a trade with binary options, you independently determine the time of execution of the transaction.
3. Set the amount you’re going to invest.
The minimum amount for a trade is $1, the maximum – $20,000, or an equivalent in your account currency. We recommend you start with small trades to test the market and get comfortable.
4. Analyze the price movement on the chart and make your forecast.
Choose Higher (Green) or Lower (Red) options depending on your forecast. If you expect the price to go up, press "Higher" and if you think the price to go down, press "Lower"
5. Wait for the trade to close to find out whether your forecast was correct. If it was, the amount of your investment plus the profit from the asset would be added to your balance. In case of a tie – when the opening price equals the closing price – only the initial investment would be returned to your balance. If your forecast was incorrect – the investment would not be returned.
You can monitor the Progress of your Order under The Trades
The chart shows two lines marking points in time. The purchase time is the white dotted line. After this time, you cant buy an option for the selected expiration time. The expiration time is shown by the solid red line. When the transaction crosses this line, it closes automatically and you take either a profit or a loss for the result. You can choose any available expiration time. If you have not opened a deal yet, both white and red lines will be moving together to the right to mark the purchase deadline for the chosen expiration time.
How to use Charts, Indicators, Widgets, Market Analysis
ChartsIQ Option trading platform allows you to make all your presets right on the chart. You can specify order details in the box on the right-side panel, apply indicators, and play with settings without losing the sight of the price action.
Want to trade multiple options at a time? You can run up to 9 charts and configure their types: line, candles, bars, or Heikin-ashi. For bar and candle charts, you can set up the time frames from 5 seconds up to 1 month from the bottom left corner of the screen.
Indicators
For in-depth chart analysis, use indicators and widgets. Those include momentum, trend, volatility, moving averages, volume, popular, and others. IQ Option has a fine collection of the most-used and essential indicators, from XX to XX, over XX indicators in total.
If you apply multiple indicators, feel free to create and save the templates to use them later
Widgets
Widgets can help your decision-making big time. On the platform, you can use widgets like traders’ sentiment, high and low values, trades of other people, news, and volume. They will help you monitor changes in real-time.
Market analysis
No matter if you trade options, Forex, stocks, metals, or cryptos, knowing what’s going on with the world economy is essential. At IQ Option, you can follow up on the news in the Market Analysis section without leaving the Traderoom. Smart news aggregator will tell you what assets are the most volatile right now, and themed calendars will give you an idea of when is the best moment to take action.
Frequently Asked Questions (FAQ)
What is the best time to choose for trading?
The best trading time depends on your trading strategy and a few other factors. We recommend that you pay attention to the market schedules, since the overlap of the American and European trading sessions makes prices more dynamic in currency pairs such as EUR/USD. You should also follow market news that might affect the movement of your chosen asset. Its better not to trade when prices are highly dynamic for inexperienced traders who dont follow the news and dont understand why the price is fluctuating.
How many options can I buy per expiration?
We dont restrict the number of options you can buy for an expiration or an asset. The only limitation is in the exposure limit: if traders have already invested a large amount in the asset you have selected, the amount you invest is limited by this exposure limit. If you are working in an account with real funds, you can view the investment limit for each of the options on the chart. Click on the box where you enter the amount.
What is the minimum price of an option?
We want trading to be available to everyone. The minimum investment amount for today trading conditions can be found on the Company’s trading platform/website.
What are the profit after sale and the expected profit?
As soon as you buy a Put or Call option, three numbers appear on the right top side of the chart:Total investment: how much you have invested into a deal
Expected Profit: possible result of the transaction if the chart point at the expiration line ends up at the same place where it is now.
Profit after Sale: If it is red, it shows you how much of the invested amount you will lose your balance after sale. If it is green, it shows you how much profit you will get after sale.
Expected Profit and Profit after Sale are dynamic, as they change depending on several factors including current market situation, how close the expiration time is and the current price of the asset.
Many traders sell when they arent sure that the transaction will give them a profit. The selling system gives you the chance to minimize losses on doubtful options.
Why is Sell button (prescheduled option closing) inactive?
For All-or-Nothing options the Sell button is available from 30 minutes until expiration to 2 minutes until expiration.If you trade Digital Options, Sell button is always available.
general risk warning