New from IQ Option – Digital Options
IQ Option Digital Options
If you know anything at all about online trading, you’ll know that IQ Option is one of the best and biggest brokers you can trade with. This company has been around for several years now and they have become famous for implementing various innovative and high-tech solutions. Today, we will be looking at one such solution. Digital options are a completely new trading tool, this broker’s original product that sheds a new light on online trading. They combine classic and binary options to offer traders a completely new trading experience. Naturally, given the nature of our work and the reputation IQ Option has, we simply had to take a look. Keep reading because there’s plenty to discover!
Risk warning: Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.
Digital Options | What’s new about them?
Like we said, Digital Options combine classic and binary options. As a matter of fact, they give you the best of both worlds. The key feature here is the strike price you set for yourself. The farther away from the current price your strike price is, the bigger the potential profit you can earn from your trade.
Furthermore, you don’t have to wait for the trade to reach its expiration time – if you see that things are not going the way you wanted, simply sell your Digital Options and mitigate your losses. You are, quite literally, in complete control in this case. You set the investment amount, you determine the strike price, you determine the profit and you determine when you will close the trade. However, because of that, a strategy is needed.
IQ Option Digital Options Definition
Digital Options | Simple to use
Given that you still have to determine whether an asset’s price is going up or down when trading Digital Options, you need to be able to extract information from our chart. To be more exact, you need to determine how far a price will move, so that you can determine the strike price correctly. Fortunately, everything takes place on IQ Option Trading Platform, an extremely well designed piece of trading software with loads of useful indicators and analytical tools. Just a passing note, the platform also gives the highest returns in the online trading world because they can get as big as 100%. You can also test things out with the demo account to prepare yourself for this new kind of trading. But, honestly, we think you’ll grasp the main concept very quickly. All this essentially is is a new trading mode for binary options, a very innovative trading mode that will keep you trading for a long time.
IQ Option CFD Trading Platform
Digital Options | Conclusion
Digital Options are a welcome new addition to IQ Option’s offer and to the online trading industry in general. They preserve the simplicity of regular binary options, but give you more flexibility and chances for profit. This is just the kind of invention we’ve come to expect from this broker – clever, interesting and easy to use. On top of that, everything is set into a familiar trading environment, so if you have already traded with this company you’ll have no problems getting used to your surroundings. If you haven’t, open an account with IQ Option right now and try out this unique trading tool. You won’t regret it!
OPEN FREE TRADING ACCOUNT WITH IQOPTION.COM NOW!
Risk warning: Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.
Hello! I’m Mark Watson, born and raised in Scranton, PA. I’ve been investing online ever since I started college at the University of Pennsylvania (go, Quakers!), where I was an undergraduate student of Economics. At first, I didn’t invest much, I was just hoping to get some extra pocket money, but with time I realized how math and patterns can actually be of great help in this line of work.
After a few years, I moved to London School of Business and Finance to continue pursuing my career in investing, and I eventually landed a job at Credit Bank Europe. The experience I got there was invaluable, plus it assured me that online trading was something I want to do for a living. Sure enough, I became a trading manager in 2015 with FXVC Online Trading, but a little while later I started working on my biggest project so far – BinaryOptionsTrading-Review.com.
The website is still going strong, and we have analyzed hundreds of brokers from all trading fields so far and helped hundreds of readers make the right choice. We also publish trading signals on a regular basis, which have proven to be accurate about 80% of the time!
And since the online trading industry is only growing, with cryptocurrencies and other similar products entering the fray, I am incredibly excited about what the next few years have in store for us. In short, if you want advice from a passionate trader, you’ve come to the right place!