IQ Option Launches FX Options

IQ Option logoIQ Option will soon be furnished with yet another attractive FX Options feature. The new trading instrument will be yet another on the platform that will empower traders by combining all the advantages of Forex trading with the appeal associated with options trading.

It is expected to be a highly profitable hybrid. The other major news is that the newly created FX Options feature will be offered to EEA customers as well which will allow them to trade short-term forex.

The idea behind the new instrument is to make things simple on the trading platform, while at the same time giving control of the risk factor to the customer. So, they can set what is acceptable. You can watch the video for more details.

Advantages of FX Options:

  • Traders will benefit from an unlimited number of returns which mainly depends on the price of assets changing
  • If there is a loss investor will not end up losing all the capital invested. They will be able to choose the risk factor by defining what amount they want to trade
    and selecting a strike price. So, they can get the desired return when the asset expires
  • Trading will be more comfortable than with using CFDs since you don’t have to bother about leverage, pips, and margins, etc.

The way these payouts work is pretty simple. The customer defines the price at which they would be willing to exchange one currency for the next one. The payout will vary depending on the difference in price between each of the currencies. Also, the starting and end point of the currency value will be taken into consideration. So, the larger the price difference between the currencies the more significant will be your risk but so will be the payout if the odds are favorable.

The feature, in essence, gives the control over to customers who can then manage their risk. However, there are still risks which can’t be controlled like that of the market. Though being able to choose the risk level will help clients minimize their losses while maximizing gains.

At the moment FX Options is available in up to 14 currencies. The expiration times start from a minute and are right up to 5 minutes. The other good thing as mentioned above is that clients can’t lose more money than they invest.

As of late easymarkets has launched their easyTrade that uses a similar concept. Though we think that IQ Options’ implementation of the concept is much better and easier to use.

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

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IQ Option Introduces All-New Commodity CFDs, Forex Assets and Bitcoin

IQ Option logoThe recent expansion of IQ Option’s offerings works as proof to customers and skeptics alike that the company is dedicated to further expanding its investments and trading portfolio.

IQ Option is one of the leading award-winning brokers which gives investors the opportunity to trade over 40 different Forex pairs including CFDs on various assets, a number of new assets, and non-EU members can trade Bitcoin x100.

The recently added Forex assets introduced via the IQ Option platform include many new AUD based pairs in addition to HKD, CAD, MXN, CHF, GBP, ERU, and CHF. Now there are several examples of the over 40 new assets which traders will be able to access and trade.

The addition of new CFDs will allow investors to trade much-wanted commodity CFDs but by being able to leverage an x150 multiplier like Crude Oil Brent, Gold, Wheat, Silver, Corn, Crude Oil WTI, Copper, Gasoline, and Platinum. However, these CFDs will not be tradeable by EEA clients.

Bitcoin LogosOne of the most exciting additions is the ability to trade the Bitcoin x100 asset. The new asset comes with an x100 multiplier which is great for bitcoin traders but will be exclusively available to only non-Eu members using the platform.

The new multiplier enables non-EU members to execute trades that exceed their present balance which in turn means that there will be a drastic increase in profit potential as well as a decrease with a losing trade. So, both risk and profit will be affected by order of magnitude of 100 times.

Traders who have used the multiplier in the Forex trading industry will feel right at home because it allows them to see positive results much faster. Traders don’t have to wait for a drastic shift in price to see significant profits.

For instance, if the price of a bitcoin shifts upwards by 1%, the position performance of the investor will go up to 100% given that the trend was rightly predicted. Additionally, there is a 24-hour expiration period associated with the Bitcoin x100 asset, so traders will no longer be charged an overnight fee.

The team at IQ Option seems never to stop working to ensure that all 20 million members have access to a vast array of assets, fast execution times and a user-friendly platform. New products are meant to enhance their experience continually. The company is proud to be committed to providing members with the best trading experience online.

Open a Free IQ Option Demo Account by Clicking the Green Button Below

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Start trading now with our recommended Binary Options Brokers.

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from Investing Tips https://www.7binaryoptions.com/iq-option-introduces-all-new-commodity-cfds-forex-assets-and-bitcoin/

SEC Rejects the Second Bitcoin Exchange-Traded Fund

IQ Option logoA couple of weeks back we saw Bitcoin fall from its mighty high-rise prices to below $8000 a pop right after the SEC dashed any hopes of Bitcoin being recognized officially. The SEC (Securities and Exchange Commission) decided to reject the second round of the Bitcoin Exchange-Traded Fund or ETF which was proposed by Cameron and Tyler Winklevoss.

Over the last year we have seen Bitcoin rise to as much as $19,000, and just last month it was enjoying a mini-high. However, even after the temporary downward spiral, and it dipping to as low as $7,900, it quickly shot up to more than 35% of its value. That’s a much higher value after it hit a mere $5,785.43 just last month.

Mati Greenspan was quoted as saying a few days back that the ETF market had tremendous potential. It had the possibility of opening up the market to a number of well-funded buyers. Not only is Greenspan positive but several others also commented about the positive vibes associated with the Winklevoss’ proposed ETF. If anything it would have influenced major gains in Bitcoin’s value in addition to other currencies.

The good news is that there is yet another ETF application in the works and its called the VanEck SolidX Bitcoin Trust. Currently, the SEC has not released any official comment about this application. However, as per Dodd Frank rules, the SEC has just 45 days within which to take action after the publication of the proposal. So, they have up to August 16th.

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General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

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from Investing Tips https://www.7binaryoptions.com/sec-rejects-the-second-bitcoin-exchange-traded-fund/

IQ Option’s Football CFDs have started trading in Time for the World Cup

IQ Option logoYou hardly ever get to see the world of CFDs merge into the world of sports. However, it is common knowledge that the majority of football clubs are also public businesses. These businesses have shares that are traded on various public exchanges.

So, with the now World Cup 2018 currently underway, IQ Option has launched their new CFDs especially meant for traders who double as football fans.

AS Roma Emblem

AS Roma is one of the teams introduced to IQ Option

Traders can now trade CFDs for the following clubs:

  • AS Roma
  • SS Lazio
  • Manchester United
  • Borussia Dortmund
  • Juventus
  • Olympique Lyon

Now if you think that the results of the World Cup are going to be favorable on the nations’ economies who are part of the games, then you can also trade the CFDs on the indices where it is possible to predict the movement of price. Also, movement of the national stocks of these countries taking part in the World Cup are going to be a good indicator of financial prosperity.

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General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

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from Investing Tips https://www.7binaryoptions.com/iq-options-football-cfds-have-started-trading-in-time-for-the-world-cup/

Ripple CEO: “Bitcoin’s Influence Could End Soon”

Ripple Logotype BrandingThrough the current first and second half of 2018, cryptocurrency prices have been correlated with that of bitcoin. However, we may soon see the end of this correlation as markets are now starting to understand the significant differences between each type of cryptocurrency and their intended use cases according to Brad Garlinghouse the CEO of Ripple.

Garlinghouse was quoted as saying that there is a pretty high correlation between bitcoin prices as XRP (Ripple), despite each being an open source and independent technology. So, it is about time that we start to see a sensible move towards behavior that reflects that each one of these currencies is fundamentally different.

Garlinghouse

Garlinghouse is the CEO of payment protocol company Ripple

Ripple is mainly a network developed for swift global transactions, and XRP is the company’s digital token which associated financial institutions can use to send and receive money swiftly.

Ripple has reported an excellent first quarter during which it signed a whopping 20 production contracts with new companies according to Garlinghouse. However, during that same period of growth, the XRP had lost 70% of its previous value and ended up as the worst performing cryptocurrency amongst the lot.

However, the industry is still in its infancy and speculation is still the rule of law for traders according to Garlinghouse. Though it is only a matter of time before people begin to understand each cryptocurrency’s use case.

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from Investing Tips https://www.7binaryoptions.com/ripple-ceo-bitcoins-influence-could-end-soon/

Complete Hodly Review: A Single Wallet to Purchase, Store and Trade Crypto

Hodly LogotypeToday, Cryptocurrency wallets are available by the dozens. Almost every developer with a cryptocurrency has an equivalent wallet to store it. Every one of these wallets claims to offer the highest security, anonymity, and usability. Plus, the cryptocurrencies you’re able to store, and the features you have access to within the wallet will vary depending on what wallet is used.

One wallet as it has come to our attention is attempting to do things differently, in many cases better than the rest. The wallet we are hinting towards is called Hodly crypto wallet and offers a professional yet straightforward medium through which you can buy, sell, store and transfer cryptocurrency from one place.

In this review we will go over all the essential features offered by Hodly, and how it differs from the competitors in this niche. When it comes to cryptocurrencies you need to think about what has kept most people at bay from a long-term commitment? The vast majority of people simply say that they have no idea as to how they can get started.

Cryptocurrency initially started out as a currency available to just a select group of techies, with access to fast computers. These enthusiasts were the pioneers of the crypto revolution which has now taken the world by storm.

Basic Verified Purchase

There are two different types of accounts, Basic and Verified

However, even today cryptocurrencies lack simplicity, and that leads to frustration for regular people. Hodly promises to remove the frustration out of the equation.

Who Should And Can Use Hodly?

Everyone should use Hodly. The wallet isn’t just meant for use by professionals interested in cryptocurrency investments. It can be used by beginners, traders, and even financial experts. Everyone can get started in the cryptocurrency industry with the wallet. However, trading crypto itself is a learning experience which takes time and effort. Though the wallet makes your initial entry smooth.

Hodly boasts of a clean and easy to understand interface. As soon as you log-in its easy to get acquainted with the platform and the trading system. Hodly is based on the idea that even the most advanced apps should be very simple to use and understand. So, it stands to reason why Hodly is so easy to use.

What Is So Special About Hodly?

Unlike ordinary wallets that let to send, receive and store cryptocurrencies which you may think is enough, but for many, it isn’t. The majority of cryptocurrency wallets don’t facilitate the use and storage of fiat currency which makes buying directly via the wallet impossible.

When using Hodly users can do more than just send, receive and store cryptocurrencies, they can also sell and purchase cryptos like Ethereum, bitcoin and various others via the built-in exchange. Plus, transferring cryptocurrencies between Hodly users is free.

Buy Bitcoin Hodly

There is a mobile platform available

What Extra Features Do They Offer?

As a professional cryptocurrency trader following market news is imperative. Missing one crucial event could mean risking your entire portfolio or failing to capitalize on a great investment opportunity. The news ensures that you are not caught off guard with a sudden price swing in either direction.

Hodly runs newsfeeds which provides traders and cryptocurrency investors with all the information they need to stay ahead of the latest events. So, the wallet ensures that you never miss an vital market update again.

Hodly cryptocurrency wallet has the potential of working as a full-scale information service provider. You don’t need to ever consult market sources like CoinMarketCap and use other historical price checking services. All the information you need is available right in your wallet. When combined with the newsfeed it offers valuable insight into the latest crypto trends.

Why Is Hodly Considered So Safe?

For starters Hodly stores 80% of all its funds offline. Storing funds offline is the most secure way of keeping cryptocurrency safe. Plus, the company protects your cryptocurrency and personal information by encrypting it.

This step ensures that your cryptocurrency and personal information is safe from hackers, scammers and phishers. In addition, the 2-step authentication system will help further secure accounts when implemented.

Even though cryptocurrency has been around for over 9 years trading, it is still considered complicated for the layman. The majority of wallets out there require some technical experience to operate effectively and safely.

But even then they offer just basic functionality. That’s why Hodly’s impressive list of features is so exciting. You can use it to keep, trade and transfer the most popular currencies with the click of a button!

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General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

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from Investing Tips https://www.7binaryoptions.com/the-complete-hodly-review-a-single-wallet-to-purchase-store-and-trade-crypto/

Three Currency Pairs To Watch Out For

Many significant currency pairs hinged on GBP, EUR and the USD have been languishing as of late as investors are holding out until the central banks shift offset each other’s policies. However, while this does mean that the market appears to be in turmoil, the fact is that this is an excellent opportunity for swing traders to profit. Though there is an equal chance of winning on these trades as there are of losing.

One reason for these 50/50 odds is that the movement within these rand bound pairs is hard to predict. Then you never know when intraday reversals will kick in and upset everything. Though many savvy traders may trade these range bound pairs, but they also want to hedge their bets on a trending market which offer better prospects.

USD/INR Currency Pair

Indian Rupee

The US dollar has finally started to rise after having successfully broken out of consolidation. The move has in part been driven by the FOMC outlook which has called for further rate hikes in 2018 which tends to overshadow the robust forecast by the Bank of India.

As of right now, the currency pair is at a seven month high, and there is an indication of it moving higher. All indicators point to a bullish position and suggest a higher price once the 65.75 resistance threshold is broken. Most experts place the pair at 66.00 and around 66.50 within the next the next three months.

GBP/CHF Currency Pair

Currently, the GBP/CHF has seen a surge in its prices over the last 6 weeks and is near to forming a consolidation pattern. This uptrend is also driven by the expectation prices will be pushed further up by the Bank of England with inflation data being weak and sketchy from Geneva at best.

So, the combination of runaway inflation in the UK and a further risky attitude will perhaps drive the currency pair prices higher in the short term. Resistance is pegged at 1.3800, but this may not hold for long. Anything breaking above 1.3800 will put it in a bullish mode, and we could see it go as high as 1.422 within the next month or so.

Swiss Franc FlagCAD/CHF Currency Pair

The Canadian dollar looks to have gained momentum against the Swiss Franc. The CAD/CHF has experienced a rise in the past month after confirmation of a reversal. Currently, it is trading below the 0.700 resistance, and we are confident that it will be broken. The indicators are clearly bullish and so higher prices seem inevitable, but overall momentum is fading. Though expect that the bullish outlook will lead to higher prices.

CAD/CHF Currency Pair

Once it breaks 0.7700, it would be bullish, and we are seeing experts placing a target of between 0.7800 and 0.7900 in the short term.

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General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

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Recommended Brokers:

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from Investing Tips https://www.7binaryoptions.com/three-currency-pairs-to-watch-out-for/