Interview with Julia (IQ Option Support Team)

Are There Any IQoption Complaints?For almost a year I have watched IQ Option grow, and I decided to talk to someone who is at the frontline of customer service, Julia Godlach. She has been with the company for six months already, and had something to say about working in the company.

She had studied public relations and has a diploma in professional communication and translation studies so it is only natural that she feels at home, talking to customers from different parts of the world. We meet her at her colorful working desk as she greets us with a smile before we start the interview.

  • Hello, Julia! Nice to meet you. Could you please tell me, clients from what countries are the most active in tickets, chats and via telephone?

Julia: Nice to meet you too. As I’m working with English-speaking clients, I mostly interact with traders from UK, South Africa and India. But clients from such countries as Spain, Portugal, Brazil and Italy can often be seen in the chats, too.

  • What are they interested in? What is the most frequent question traders ask?

Julia: One of the most popular questions is how to pass verification. In my opinion, it’s pretty understandable as verification is one of the key procedures existing on the platform so our job is to make verification experience for our clients as smooth as possible. Also, we get lots of questions dedicated to our latest releases.

We have recently launched Forex, cryptocurrency investments and CFD and it didn’t go unnoticed. For instance, traders want to know whether there is any expiration available for forex and cryptocurrency positions and how to use such features as Stop Loss and Take Profit correctly. Cryptocurrency is booming nowadays so clients are genuinely interested in these types of assets, too.

  • I see you’ve mentioned Forex, can you please tell me, what should I know about Forex trading ? What is the most important about it?

Julia: Sure thing. It’s important to realize that the main idea of Forex trading is to get profit from the change of currencies price. There are two types of positions – long and short. If you think that the price of the asset will increase, you can open a Long Position. On the contrary, if you think that the price will decrease and you sell the asset, it’s a Short Position.

You can also use technical and fundamental analysis for Forex trading. We offer a wide range of technical indicators and graphical tools on the platform so you choose any of them. Besides, we have an official blog which is regularly updated with news of the day that might affect the market, it also contains detailed articles dedicated to various aspects of trading from patterns to analytical materials. An economic calendar is available there as well.

  • Is there any difference between profits for long and short positions on Forex?

Julia: No, there is no difference in profits. The only difference is the formulas used to calculate the profits, but they too, are quite similar. For long positions it can be calculated the following way: (Closing price / Opening price – 1) x multiplier x investment

For short positions: (1-closing price/opening price) X multiplier X investment

  • What is “pips” and how can one count the price of one pips?

Julia: It’s a term used by traders and market analysts for describing an amount of asset’s price change.

Снимок экрана 2017-09-13 в 17.15.50

Julia Godlach is one of the members of the IQ Option support team

We offer a universal formula for calculating the price of one point of the investment currency. It can be calculated this way:

  1. One point = ((Closing Price – Opening Price)/ Opening Price) x Investment x Multiplier.
  2. If you want to calculate the price of one point for an open position, there is a solution as well.
  3. Just write a price that is 1 point bigger than Opening Price and it will work this way.
  • How does Multiplier work?

Julia: It’s an amount, to which your initial investment is multiplied so that you could trade with a much bigger amount that you invest.

For example, when your initial investment is $100 and you use a 500 multiplier, you will trade with the amount $50 000 and you will get profit from $50 000 investment, not $100.

In fact multiplier is similar to a leverage in classic Forex trading. Though it sounds truly appealing I’d like to emphasize that using multiplier increases the level of risk. On our platform the trade is automatically closed when it reaches a level from -95% to -100% so when using the leverage, you should be confident in investment decisions you make.

  • Is there any difference between classic Forex and IQ Option Forex?

Julia: Yes, there is. Our team aimed to create a user-friendly and easily understandable interface and I believe they achieved their goal to the fullest. Also, our products have a built-in protection mechanism on our platform so it’s impossible to lose more than the amount of initial investment. 95% of the amount you enter into a transaction is the maximum you put at risk. At the same time, Forex trading can be very risky and we want our clients to to keep that in mind when trading.

  • Can one test it on Practice account? Or is it limited for demo and can be traded only on Real account?

Julia: Yes, it surely can be tested on Practice account. We believe that it’s truly crucial to have an opportunity to get familiar with interface and all the new features without putting your real capital in risk. For this very purpose we have increased the default demo balance to 10 000. By the way, practice balance can be topped up anytime. You can either do it by yourself or you can always reach out for Support Team if you need any bigger amount for training. We respect our clients’ needs so practice account can be used for as long as you want to absolutely for free.

  • And the last, but not least question: what is the best way to interaction with platform for good results?

Julia: Having a stable high-speed Internet connection is vital as it affects the total trading experience. Also it’s pivotal to know our Terms and Conditions because that’s what regulates relations between you as a customer and us as company.

We are completely transparent in our procedures that’s why our policies are in open access for all the visitors of our website, even for unregistered ones. And the last but not least, please don’t hesitate to contact Support team if you need any assistance.

I was surprised to find out that lots of clients often feel shy to get in touch and apologize for asking something but there are no insignificant questions and we are here to help you through any doubts or hesitations.

We offer a variety of channels for support (tickets in personal cabinet, live chat and hotline) so just choose the one you prefer. Don’t forget that there are no unresolved issues, there are only questions that remain unasked.

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Trading Cryptocurrencies With IQ Option

IQ Option logoCryptocurrencies have as of late enjoyed increased popularity amongst business people selling everything from digital art to coffee. However, what separates a cryptocurrency from other types of currencies is that it is encrypted. The encryption locks the process involved in both conducting various transactions and their generation.

Cryptocurrencies have now crossed the $100 billion point which accentuates the fact that it is no longer just bounded to the realm of IT geeks and people selling drugs on the dark web. It is also poised to become the leading alternative form of money for almost everything you can think of buying.

The change brought about by the advent, and growing adoption of cryptocurrencies to the financial markets and us as consumers is still difficult to estimate. Many people still don’t realize that the possibilities are endless for everyone. Not to mention the fact that anyone and anywhere can transfer money in a matter of seconds directly, and securely.

The IQ Option Trading Platform and Cryptocurrencies

IQ Option Cryptocurrency DashboardAsk anyone who has sent money across the border, and they will tell you that it takes an average of a week to process. So, the ability to send almost any sum of money to any part of the world is an attractive prospect for businesses and individuals.

The other plus point of using cryptocurrencies is that it renders fraud near impossible. The blockchain employed by these currencies is secure and tracks every transaction. Obviously, less fraud means more trust and safer business practices.

Cryptocurrencies have managed to change the world in a way that has not been possible for many centuries, i.e., it was able to do away with the need for banks. You no longer need to go through a bank to transfer money and pay a commission in the process. Also, banks charge for mediation if things go wrong. With the use of cryptocurrencies, this will no longer be a problem that people need to concern themselves with when doing business.

Top Cryptocurrencies Choices

Bitcoin

Bitcoin Logotype BrandingOriginally launched back in 2009, it was the first cryptocurrency to be publicly traded. The fact that it was accepted into the market marked a new era in the development of a fresh international financial system. Today, Bitcoin comprises 45% of the entire cryptocurrency market and also happens to be the most expensive currency to buy.

There is a limit to the number of bitcoins that can be produced. It is limited to just 21 million, and with rising demand, the price increases with it. It is also the most trusted cryptocurrency. Satoshi Nakamoto is considered the creator of Bitcoin though nobody has ever seen or heard him.

Dash

Dash Logotype BrandingDash was previously called XCoin and Darkcoin, launched in 2014, it offers the same capabilities as Bitcoin but with the added advantage of instantons transactions or InstantSend as it is called. It also has a feature called PrivateSend and one called decentralized governance or DGBB. Dash users can send money in a second while remaining anonymous thanks to the implementation of a technology similar to Tor.

Dash benefits from a two-tier system. Miners are the people who are the first to write on the blockchain putting them in the first tier. The use of so-called Masternodes allows for the use of advanced features like add-ons which form the second tier.

Ethereum

Ethereum Logotype BrandingEthereum is ranked as the second most popular type of cryptocurrency, right behind Bitcoin. That’s an achievement in itself considering the status of Bitcoin as the pioneer of cryptocurrencies. It is currently worth more than 50% of bitcoins in value.

One of the leading features of Ethereum is the use of smart contracts. The use of smart contracts adds yet another layer of security which in addition to reduced transactional costs makes it attractive to businesses.

Smart contracts are stored within Ethereum’s blockchain. They work as a sort of exchange mechanism which will carry out a direct transaction of the value between two agents of unknown origin. Smart contracts is one of the reasons why Ethereum is so successful.

However, Ethereum is known for being volatile with spikes in value, In June 2017, the currency experienced a brief crash from $319 to just .10 cents, which then rebounded the next day.

IOTA

IOTA Logotype BrandingIt is a relatively brand new cryptocurrency which is being touted as a new generation of the conventional blockchain. The new currency has been optimized for use in the Internet of Things. So, unlike using a heavy and increasingly large blockchain, IOTA was developed with making it as small and light as possible.

IOTA replaces the blockchain with tangles. Tangles is mainly based on the use of Direct Acyclic Graph or DAG as it is called. The DAG does not distinguish between validators and regular users which approve transactions. So, to affirm a commitment to a transaction the user has to confirm two other different transactions. That is the foundation of the decentralized system.

Litecoin

Litecoin Logotype BrandingLitecoin is an alternative cryptocurrency which was created after the success of Bitcoin. The Litecoin can be considered as an enhanced Bitcoin. The significant difference between the two cryptocurrencies is with Litecoin you can assure a faster transaction. The cryptocurrency is not controlled by any central authority, it also has no cost of transaction associated with it and its transaction time is 4x the speed of regular Bitcoin.

Ripple

Ripple Logotype BrandingRipple is a business that provides a global market solution. They launched their own cryptocurrency which was seen as the next logical step. Its creators say that Ripple is the fastest cryptocurrency in the world and can be used for scalable digital assets.

It also boasts of immediate transactions. So, a user can process up to 1000 deals in just a second that is much faster than Ethereum and has excellent stability. It is also ranked as the third most popular cryptocurrency.

General information

The legality of cryptocurrencies:

  • Bitcoin is permitted for use in all countries in the world except for Bangladesh, Kyrgyzstan, Ecuador and Bolivia.

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Larson & Holz broker | lh-broker.com.com Forex Broker Review

Initially set up in 2004 by a group of professional traders who wanted to create a customer-centric brokerage in order to give prospective clients from developing countries in Eastern Europe, Asia, Africa and Latin America a fair chance to trade the world financial markets, Larson&Holz has since then expanded and grew into becoming a very popular and attractive, all-encompassing umbrella brokerage, whose appeal has widened across the world and also boasting an extensive localized network of agents who offer valuable support and assistance to traders.

The holding company which manages the brand is the Larson and Holz Vostok Group LLC, which is headquartered on the islands of St. Vincent & the Grenadines, while also being a member of the Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN), through one of its subsidiaries and trading its done via the website https://www.lh-broker.com.

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Simply open an account with Larson & Holz by clicking on the link above. Our offer will be automatically acquired.

Open Real Account Free Demo Account

The Larson&Holz brand has shown an exemplary charitable work helping to resolve social and medical issues across the globe and especially in disadvantaged areas, while it also strives at delivering first class services to all its clients, with its efforts being recognized through the winning of numerous awards from review portals in the financial industry, including Fastest Growing Broker in Russian and the CIS and Best Offline Broker for the same region.

Trading Platforms

Larson&Holz offers their clients the opportunity to choose to trade either via the industry standard MetaTrader 4 (MT4) platform or their own proprietary WebTrader trading platform. The former comes with charting and other technical indicators and allows trading in an environment that is efficient, fast and reliable, while the latter is a web based solution that requires no installation. Moreover, Larson&Holz caters for the needs of traders wishing to trade on the go via their smart phones and other mobile devices by simply downloading the dedicated application from the Google Playstore or Apple’s App Store. Adding more choice and more versatility all clients can also chose to trade not only forex currency pairs and CFDs but also binary options via any of the above mentioned platforms.

Account Types

When it comes to the available account types Larson&Holz also offers a very wide range of options for customers ranging from free demo accounts, to no deposit accounts, a start account that is ideal for testing strategies, a standard account suitable for aggressive trading, a safe account geared for those wishing to trade conservatively and a binary options account which could lead to profits of up to 99% through the 60 seconds trading instrument.
Moreover, more seasoned, professional and VIP traders can also choose between the NDD account and the PM account types. For a minimum deposit of $1000 the NDD account offers the most competitive spreads, while the PM account which requires a minimum deposit of $50,000 ensures that the trades are managed by a dedicated account manager.

Commission & Spreads

At Larson&Holz, the spreads payable depend on the instrument traded as well as the type of trading account being used by each trader. However, in all instances the spreads are extremely competitive and can be as low as zero pip, while the commission rate also compares very favourably with the rest of the industry, since it is set at a minimum rate at $1.

Customer Support

Providing customer support for an impeccable standard appears to be very high on the list of priorities for the people behind Larson&Holz. This is reflected in many ways in how the broker operates and not least through the fact that their website has been translated into a whopping 14 different languages, namely English, Arabic, Chinese, French, Croatian, Russian, Vietnamese, Spanish, Indonesian, Thai, Serbian, Polish, Portuguese and Malaysian. This choice of language does reflect the areas where the broker was aiming to attract clients from, but it also means that most traders will be able to trade in an easier and more convenient manner in an environment built in their native language, thus making trading simpler and safer and maximizing the chances for trading success since the linguistic barriers are lifted and trader confidence is enhanced.
Moreover, exactly because Larson&Holz believes that its clients must be well versed, informed and educated in order to be best geared for trading success it has put at their disposal a very comprehensive education center which is packed with information, analysis, strategies, tools, a glossary, ebooks and much more allowing the newbies to get started and the most seasoned traders to upgrade their game.
More traditional customer support is provided on a 24/7 basis through a dedicated support team that can be contacted in a variety of methods, either via phone, email, or live chat, while customers are also served and supported through the extensive localized network of agents at various locations across the globe.

Conclusion

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Larson & Holz is one of those online brokers who can truly boast of being able to cater for the trading needs of virtually everyone. Irrespective if you fancy trying your skill on the more traditional forex trading or the trendier CFDs or even the simpler binary options at Larson& Holz you are literally spoilt for choice not only when it comes to the trading method and instrument but also the platform and the account type through which to trade the world’s financial markets. Overall, you get a high level of service, superb customer support and an abundance of opportunities to succeed against a trading environment that is reliable and makes full use of the capabilities and innovations offered by modern technology.

The post Larson & Holz broker | lh-broker.com.com Forex Broker Review appeared first on Binaryoptionswire.com.

from Investing Tips http://www.binaryoptionswire.com/lh-broker-forex-broker-review/

Digital Options Offered By IQOption

IQ Option logoThe big differences between binary and digital option trades is the classification of ‘strikes.’ A ‘strike’ is considered an entry point into the market. When trading binary options, a strike is the position or a price at which the traders enter into the market.

Digital Options AUD CAD

The Digital Option feature will allow a greater control over your trades

In Digital options, traders have the choice of choosing the most profitable strike. So, they (traders) have seemingly more control over their entry.

Traders can choose from 22 possible ‘strikes’ at any time during a trading day. However, the number of ‘strikes’ available can vary mainly depending on the market situation and the type of chart. A trader’s profit in the digital options industry is largely based on risk. Though traders can end up making as much as 900% profit on an upswing.

Having the ability to buy multiple trading options which expire at any time, in addition to as many ‘strikes’ opens up traders to a whole new avenue of possibilities. When trading digital options traders can also open positions in advance.

Digital Options Call Put

This feature will surely help traders who seek a wider control over their trading

So, traders can automatically enter the market at a time when they think is most profitable. Though they may yield a comparatively lower profit owing to the risks when compared to regular trading options.

Like all other trading options, a trader also has the ability to sell his or her position prior to expiration. However, it shouldn’t be any later than 20 seconds before a transaction ends. Plus it also is highly dependent on the current pricing which can either mean that they end in profit or get part of the funds they invested back.

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French Regulator Waives Bans on 24Option

24Option Com LogotypeThe French financial regulator i.e. Autorité des Marchés Financiers or AMF has said that they will be waiving the ban off Binary Options, CFD, and Forex trading broker 24option.com. The removal of this prohibition ensures that the service will soon start operating in France.

The parent company Rodeler Limited which holds a valid CySEC license for 24option in Greece has said that the ban was enforced in August 2016. The AMF through its findings stated that 24option was offering Binary Options trading brokerage services to clients in France.

The AMF has now stated that since the ban was enforced the company (24option) had taken all the required measures to fix the situation. All of this means that 24option will now retool its service offering in the country thereby offering only CFDs and trading options which are allowed in France.

France is often recognized as being one of the strictest financial regulators in Europe especially when it comes to trading using leverages, currencies and binary options. Last August a blanket ban was enforced on advertising of all types leveraging trading services in France. However, it was later clarified that the ban didn’t restrict CFDs that used stop-loss measures.

AMF Badge

AMF is the regulatory authority in France

The primary requirement which 24option had to deal with was to install and ensure a hard guarantee type stop loss for every type of CFD trade. Each trader can only enter into a CFD trade with a particular stop loss in place and only then can the trade be executed. Clients that have zero equity will be automatically stopped from trading which ensures that traders don’t have negative balances.

Even though 24option will see this as good news, the company has managed to find itself in trouble more than once as of late especially with regulators. The company had applied for a Forex Brokerage license in Russia but which was turned down. 24opion has also received a warning from the FMA which is the New Zealand’s financial regulator.

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AnyOption Set To Merge With Invest.com

Industry sources have revealed that Anyoption which is one of the biggest binary options brokers is expected to merge with Invest.com.

Invest.com is one of the leading portfolio management service providers. As a consequence Invest.com will be leading the merged entity. However, we are still not clear on how much the business was acquired for at the moment.

As part of the merger, both Anyoption and Invest.com will work towards creating regulatory and operational cooperation. For Instance, Invest.com will hire South African citizens since Anyoption has a license to operate in the region.

However, information is still sketchy as to if the resulting entity will drop the Cyprus Securities and Exchange Commission licenses, which is held by both services.

$5 million domain acquisition

The CEO of Anyoption, Shy Datikia said that the resulting entity will keep all the binary options services that it’s famous for, also adding portfolio management to its offering by Invest.com.

According to many sources who are privy to the matter have revealed that Anyoption will also be bringing onboard its extensive list of clients as part of the merger.

Invest.com was worth $5 million back in 2014, and that’s what was paid to acquire the domain by the company as a strategy to make headway into the forex industry by offering an all asset brokerage.

Invest Com LogotypeInvest.com was launched in May 2016 as a portfolio management service after having raised over $20 million in venture capital funding. The brand new platform was geared towards the United Kingdom with the goal of providing retail access to people seeking alternative forms of investments.

The mother company behind Anyoption.com i.e. Ouroboros Derivatives Trading Ltd obtained its CySEC license no. 302952, in 2012 and has since become a well-known brand in the trading industry.

Cysec Regulatory Authority

CySec is one of the main regulatory authorities in the binary options industry

Anyoption.com has been faced by growing regulatory pressure in its country of origin which has raised its cost of doing business significantly taking its toll on the business.

In August 2016, the company opened two brand new offices in Cyprus and Bulgaria which was part of its exit strategy from Israel (the country of origin.) Two months after the offices were opened it was granted a license for Portfolio Management and Investment Advice from CySEC.

Recently we have learned that Anyoption shuttered its call center services in Israel, which consequently laid off 80 employees. The move was mainly seen as part of a set of instructions that were sent by CySEC to binary options services operating in territories other than Europe.

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Why Choose Regulated Binary Options Brokers?

EU regulatedIf you have been trading binary options for some time, you have probably noticed that there are two types of brokers out there: regulated and unregulated. In some countries such as the USA, it is compulsory for traders to register with licensed and regulated brokers. In others (nearly all European countries) it is not an obligation but still, traders prefer to work with a regulated broker. Why is that? What are the benefits? Let’s find out!

Why Is Binary Options Trading So Popular?

Trading binary options has been becoming increasingly popular for many years now amongst beginner as well as seasoned traders. Compared to other forms of online, binary options are easier to comprehend and get a grip of. The most important thing is that the trader is informed of all the risks and the rewards that their trades can result in at all times. Considering this, it is crucial to understand that in order for a binary options trader to succeed, it is important that they choose to trade with regulated binary options brokers and use reliable instruments for this purpose.

Why Trade With a Regulated Broker?

All in all, there are three possible reasons traders prefer trading with regulated brokers only. They are:

  1. When trading with a binary options broker, you buy binary options right from this very broker. It is for this very reason that it is of most extreme significance that you pick a reliable representative to work with. This would imply that regulated brokers are more interested in their traders’ success. Therefore, they are simply a better choice.
  2. Regulated brokers must keep up the assets of their customers independently from their company’s assets. This way, if anything happens to the broker, its traders will still get their money.
  3. Regulated brokers have to guarantee that they are in possession of an adequate amount of financial capital that allows running their trading operations with no issues

As you can see, there are numerous benefits to choosing a regulated broker over all others that are on the market. After all, having the right broker is one of the most important things in your trading strategy, so why take a risk.

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