Which is the best Forex broker in India_ – Quora international business brokers

Investors interested in currency derivatives trading are supposed to open a separate trading account, as per the KYC norms of RBI and SEBI and be acquainted with all the terms and conditions, before even attempting it. Else, there are 2 things, which you need to worry.

When this is done you can immediately use your practice account or top up your real account before moving on to live trading. A pop-up will notify you of the creation of both your practice account and real account.

IQ option has developed its own proprietary platform and this makes navigating the site an enjoyable experience. The platform has been generally well designed with an intuitive approach and it’s quite easy to locate all the various tools and features. The free demo account also provides users with the possibility to trade with all of the underlying assets.International business brokers

as a result, there are a variety of options regarding types of trades and users can quickly switch between their preferred assets. The platform also offers a range of charting tools such as bollinger bands and moving averages which all help enhance trading capabilities.

Users can also easily search for their favorite cryptocurrencies and analyze all of the most relevant and up to date information. In addition to offering bitcoin and ethereum, IQ option also offers at least 10 other cryptocurrencies to trade. These include dash, ethereum classic, IOTA, ripple, litecoin, and monero.

The interface also provides easy to find links to chats, trading history, and customer support, and in the event of any issues, users can quickly open up a dialogue with the support team. Another standout feature is the resources section that provides access to training and education materials.International business brokers A number of short training videos are integrated into the site and traders can access these resources without having to leave their training accounts.

The demo version of trading platform is also the same as the live version, and traders can improve their skills by using the $10000 of virtual funds that come with the practice account. Even if things go badly, these funds can be replenished, giving traders a consistent pool of funds to practice with.

IQ option also seeks to compensate users who trade in cryptocurrencies on the site, and there is an extra bonus available in the form of OTN tokens. IQ option in collaboration with the open trading network has developed a system that sees traders on the site being rewarded with OTN tokens. The reward tokens are currently being allocated through weekly distributions or “emissions” and the more trades a user conducts the more the more OTN tokens they are eligible to receive.International business brokers

OTN tokens can be used to pay for commission fees on the platform in accordance with the internal IQ option rate; IQ option platform users are rewarded for their trading activity via a method that seeks to facilitate future trading on the platform.

IQ option places a good amount of focus on its users and the platform enables customers to trade with confidence by incorporating a number of features that greatly enhance the overall trading experience. These include:

IQ option offers its customers a number of ways to make deposits and withdrawals to and from their trading accounts. Users can currently use debit services such as maestro and visa electron, or credit cards like visa and master card. Customers can also use a host of payments processors such as skrill, webmoney, cash U, neteller and moneybookers.International business brokers there is also the option to process payments via wire transfer and the current minimum withdrawal amount is $2, while the estimated time to withdraw funds is 1 business day.

To make your first deposit, you will need to go through the account verification process which in the EU involves adding your phone, personal information, adding your trading experience and uploading photo identification. Different countries will have different requirements and also will need verification to make withdrawals from the site.

IQ option offers a mobile web trading solution in addition to a specific mobile application, which gives users greater flexibility regarding mobile trading options. The app has a clean, intuitive graphical interface and is easy to use; it also has most of the charting options found on the standard platform.International business brokers the app also provides push notifications, and users can set key trading levels which result in alerts any time these levels are breached. The app works on tablets as well as smart phones and the platform is available to both android and apple ios device holders.

If you are outside the EU, then customers are provided with the chance to test their skills against other traders via a number of binary option tournaments. These frequent tournaments are usually around 30 minutes in length and require a small entry fee. After signing up, users are given $10k in virtual funds and at the end of the competition; the trader with the highest returns wins a prize.

The prize can be fixed or be related to the number of people who entered the tournament, and at best allows the winner to receive a payment of up to 100x the entry fee.International business brokers if users deplete their virtual funds, they can buy in again and continue to take part in further tournaments. This provides users with an interactive way to test their trading capabilities as well as pick up new trading techniques.

IQ option also makes a wealth of data available for all its users, and the site incorporates training resources that can benefit both newer and more experienced traders. These include various trading videos, as well as webinars and tutorials. Users also have access to a number of e-books and an FAQ section that covers the most common questions. These training materials provide valuable information to for traders of different abilities and experience.

IQ option allows users to contact the support team via email, contact form and a chat function.International business brokers the site claims to respond to all queries within 46 seconds and aims to resolve all tickets within 24 minutes. There are currently around 83 customer service specialists on the team and traders who require a more personalized service can upgrade to the VIP account which comes with a personal account manager.

IQ option retains an international focus and aims to cater to traders from around the world. The platform offers the possibility to trade in a variety of different currencies such as USD, GBP, EUR, yuan, RUB, TRY, IDR and MYR. In addition to this the site also provides support in languages such as english, french, italian, spanish, portuguese, chinese, korean, arabic, german, turkish, thai, hindi, urdu and norwegian.

However, due to a variety of different regulations, the site does not provide its services to citizen or residents of the united states of america, australia, canada, belgium, israel, palestine, japan, sudan, syria, iran, north korea or russian federation.International business brokers

IQ option also adheres to the required standards of identification and users should note that when they register for a trading account they must provide their personal data and verify their email address and telephone contact number. Potential users who are unable to do this will be unable to complete their account registration.

Also after funding your account, you will be asked to provide further personal information in order to complete your account verification. IQ option will expect to receive copies of identification documents such as:

IQ option is an impressive platform that provides its users with a great amount of value. The site merges a good level of transparency and functionality and users can be comfortable knowing that the platform is in keeping with the latest financial regulations.International business brokers

Trading on the site is generally quite a smooth experience and the platform utilizes an intuitive UI that is easy to navigate. The platform and trading application is functional enough for professional traders whilst also being simplistic enough to allow new entrants to painlessly learn the trading process.

IQ option is a company on the rise and has grown to managing almost 15 million accounts and processing 3 million trades per day. The site also enjoys a trading volume of $11 billion a month and pays out approximately $5.7 million to its users on a monthly basis.

The site does have its drawbacks, and users who require extensive interaction with a customer service agent may be unfulfilled by the two account levels. In order to be in consistent communication with a personalized account manager traders are expected to pay a $3000 fee which may be too restrictive for some.International business brokers the site is also proving to be popular with traders around the world and despite IQ option devoting time and energy to developing its customer service, there is the possibility that users may have to wait for more than 24 minutes in order to have their queries processed.

Finally, IQ option is not available to the residents of countries such as the united states, canada, and japan. These nations are home to large numbers of financial literate individuals and the platform would be better off with their presence. However, IQ option still caters to traders from over 178 countries and provides a comprehensive service to all its users. The platform caters to stock, forex, and cryptocurrency traders and individuals who sign up can be sure to interact with an intuitive platform that provides access to a wealth of resources, and trading options.International business brokers