The main attraction of IQOption India is its custom-made trading platform. It is designed to simplify the process and make binary trading accessible even for those who’ve never traded before.
The Traderoom is the main screen of the platform. It features intuitive navigation so you could perform all sorts of binary trading actions within the same screen — no need to open extra windows, switch between tabs or memorize various platform sections.
In the IQ Option Traderoom, you can specify order details in the box on the right-side panel, run multiple trades at the same time, apply indicators, widgets, and graphical tools on the chart, view binary trading news, contact support, and more.
The convenience of the platform is defined by the ability to trade right from the chart. It’s possible to run up to 9 charts at a time and choose their types: line, candles, bars, or Heikin-ashi.
When you need to make a binary trading decision, indicators and widgets are a huge help. Thanks to them, you will see all the important events displayed right on the chart in real-time.
For example, you can apply indicators like momentum, trend, volatility, moving averages, volume, etc. They will help you understand what’s going on in the chart and make an accurate prognosis.
On top of that, you can sprinkle your charts with widgets like traders’ sentiment, high and low values, trades of other people, news, and volume. Graphical tools like the trend, horizontal, graphical, or Fibonacci lines help technical analysis big time as well.
Most IQ Option traders like to work with a certain set of their favorite tools — in this case, they can create templates and use the same set for each new trade.
In this article, you will find the answers to the most common questions about the platform and see how it fits your binary trading expectations.
IQ Option Review India: What Are The Conditions?
IQ Option is a world-famous broker featuring a minimum deposit of $10, easy deposits and withdrawals, and support in Hindi.
Traders can choose from a wide range of assets with beneficial conditions:
- Forex — top currency pairs with the leverage up to 1:1000.
- Binary options — up to 95-99% profit.
- Digital options — up to 900% profit.
- CFDs on stocks, including such companies as Apple, Tesla, Amazon, Netflix, and Boeing. The leverage is 1:20.
- Commodities: oil, gold, silver, and platinum with the leverage of up to 1:150.
- Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash, TRON, IOTA, and many more. The leverage is up to 1:100.
- ETFs (Exchange-Traded Funds), i.e. many different assets in bulk — with the 1:20 leverage.
The IQ Option demo practice account is an exact copy of the real account that allows new users to test the platform and get some online trading practice without risking real money.
A user is assigned with both demo and real accounts automatically upon binary options registration. The demo account comes with $10,000 of play money by default. This amount can be replenished anytime. Another popular demo accounts are Binary.com demo account as well as Deriv demo account India.
IQ Option Demo account doesn’t have an expiration date. The binary trading brokers in India won’t force you to deposit real money, so you can trade on demo for as long as you need to get ready for real online trading.
IQ Option Minimum Deposit In India
Traders can deposit amounts starting from $10 or an equivalent amount in the chosen account currency: for Indian traders, that’s USD, GBP, and EUR. The minimum investment amount is just $1, which makes online trading with IQ Option in India easy for everyone.
How to deposit money to open the first trade?
It’s possible to pay via a number of payment systems, such as AdvCash, Crypto to Fiat, Exactly special, NetBanking, Qiwi, RUPAY, Skrill, UPI, Visa / Mastercard, and WebMoney — whichever is easier for you. The broker doesn’t charge commissions for transactions. If you are interested in cryptocurrency deposit you should also check Bitcoin brokers in India.
IQ Option Withdrawal
India-based traders can withdraw without commissions, right?
Right. The broker allows you to use AdvCash, Neteller, Perfect Money, Qiwi, Refund, Skrill, and Webmoney for withdrawals. Some e-wallets can charge commissions, but the broker wouldn’t do that.
Just one thing to know beforehand: you can’t make a withdrawal until you verified your account. Basically, it’s just verifying your ID, address, and payment method.
Does IQ Option Work In India
Yes, the broker is legal in India — anyone can open an account for free and use the binary trading tools — unless they violate Indian laws.
For example, India has some specific restrictions on binary options trading. So, you need to check up with them before you trade binary options with IQ Option in India. Trading digital binary options might be a good way out if binary ones are a no-go at where you live.
Other than that, there are no limitations on online binary options trading with this company.
IQ Option India Mobile App
IQ Option Mobile App is available in India. You can download it for free in App Store or Google Play. The app is a compact version of the IQ Option trading platform for binary options where you can find the same charting functionality, indicators, analytics, helpdesk, and other tools.
You can use it to manage your account, make deposits and withdrawal requests, and trade binary options on the real or demo account as you normally would with the desktop version.
Aside from the main app, IQ Option offers two other interesting mobile solutions: APK Android app and PWA app. They might be useful to those who are looking for the binary options trading India opportunities.
APK Android app
As some of you might know, app stores don’t favor binary options trading apps. This is where APK Android app might come in handy. It’s an app that you can download directly from the broker without the need to visit Play Market. After that, you need to install it as a regular application and use it for trading — binary options in particular.
PWA (Progressive Web App) will do the same trick as APK, but for iOS. It’s a web app that works like a regular mobile app. You can also download it on the IQ Option website and click the “Add to home screen” button in any browser.
Does IQ Option have bonuses or freebies?
The company doesn’t give away free money, but you can participate in their tournaments and win a withdrawable cash prize. The average prize fund is $10,000-50,000, but some bigger tournaments may go up to $200,000. Usually, the prize fund is distributed among the first 9-30 winners.
You can join some tournaments for free or pay a small entry fee — usually around $2-20. Check out the ongoing tournaments in the Tournaments section of the website.
IQ Option India Contact Details
IQ Option provides support to clients from India. If you need assistance, there are several ways to contact the support team:
- Write your question in the online chat. The response will come in a matter of seconds. You are free to ask questions in your mother tongue.
- Call a toll-free number for India: 000 800 040 13 61. They will answer you in Hindi and try to resolve your problem in real-time.
- Mail your questions at [email protected]. The average email response time is 14 minutes.
Is IQ Option Regulated In India
The company is operated by IQ Option Ltd. registered at St. Vincent and the Grenadines. This type of license allows the broker to operate in multiple countries around the world, including India.
Is IQ Option Legit In India?
Yes, IQ Option is legal in India. The broker has 48 million traders in different countries, good reviews, and 17 international awards. On top of that, there is Hindi version of the website and the platform for the Indian traders. It’s also possible to address questions to support in your mother tongue.
Is IQ Option Safe?
IQ Option has been around since 2013 and gained a reputation of a reliable and safe place to trade. The company has a license, which means your money is protected by international law.
Besides, the broker stores traders’ money in segregated accounts. It means that no one can use your investments for any purposes.
On top of that, all traders’ information is encrypted so hackers couldn’t steal your data.
Best Time To Trade IQ Options in India
It depends on the instruments you trade. For example, if you trade EUR/USD pair, you should be online during the New Your exchange working hours, which is from 7 p.m. till 1:30 a.m. for India. The markets are open Mon-Fri and closed on weekends. You should also check our Olymp Trade review India and compare the trading times since you might find it more suitable for your needs.
IQ Option Robot
Online trading robot is an auto-trading software that generates binary trading signals. In other words, it’s a bot that makes automated trading decisions. IQ Options India used to have one some time ago — it facilitated automated trading specifically on the IQ Option platform, but it’s no longer existent. If you are still interested in auto trading, you should check out best trading robots in India.
However powerful and smart a robot might be, it has no capacity for human thought and imagination. Besides, they don’t work very well in the non-trending markets. If you want to make smart decisions, check out IQ Option tutorials and learn the A-B-C of binary trading.