IQOption was founded in 2013 in Europe. As a provider of premium binary options, CFD and crypto trading services for Singapore and Malaysia traders, IQ Option has gained a considerable reputation over the past few years and currently considered to be one of the better choices when it comes to picking a trusted broker in Europe.. Unlike some of the binary options trading broker who often acts IQ Option is a trading platform founded in 2013, and allows you to trade Forex, commodities, options, cryptocurrencies and stock CFDs. With more than 7 million registered users, IQ Option is considered to be one the leading Online Trading Brokers in Europe and Worldwide. The majority of Forex traders focus on the following currency pairs: EUR/USD, USD/JPY, GBP/USD, and USD/CHF are the main four, followed by USD/CAD, AUD/USD and NZD/USD. All other pairs are just different combinations of the same currencies. · Motive force. Different currency pairs depend on some assets or other factors and such peculiarity must be taken into account by traders. For instance, pairs with GBP are highly dependent on the news from the UK. USD/CAD pair depends on oil prices. AUD/USD and NZD/USD depend on precious metals’ prices and on weather as well. Trade stocks, ETFs, forex & Digital Options at IQ Option, one of the fastest growing online trading platforms. Sign up today and be a part of 17 million user base at IQ Option. The majority of Forex traders focus on the following currency pairs: EUR/USD, USD/JPY, GBP/USD, and USD/CHF are the main four, followed by USD/CAD, AUD/USD and NZD/USD. All other pairs are just different combinations of the same currencies. Forex, short for foreign exchange, cashes in on value differences between different currencies. Options give you the opportunity to buy or sell a stock at a certain price. Cryptocurrencies are volatile new currencies that can appreciate in value fast. On the downside, they can lose their value just as fast. Best Tools for Trading The experts recommend concentrating on 1−2 trading pairs to get true profits. Some pairs' rates are almost mirrored. For instance, AUD/USD and NZD/USD are moving almost identically. Moreover, the rates of different pairs may highly depend on particular news. For instance, any economic news concerning Great Britain influence pairs with GBP.
[index]