Forex Industry
by Konstantine Beridze on May 6, 2019

IQ Option gets down to business: new features, updated old features

IQ option is one of the biggest brokers out there, which is why they are out there looking to be constantly on the forefront of innovation and updates to their systems and the products they offer. This means that they are constantly looking for new ways to entice people to start working with them. This time around, they have brought a bunch of updates to their system. Some of the updates are simply old qualities returning to the new platform, while others are entirely new things added to the platform. Let’s take a quick look at what new things IQ Option has to offer to their users.

Bringing back cheap trading

Ever since last year, the broker has figured out that some users find the entry barrier to the asset trading industry to be a little high. This is why IQ option has decided to bring back $1 trading for most of their assets. Now users will be able to trade any asset of their choice with only a single US dollar deposit. The only exception to this rule is Forex Options, the minimum deposit to trade which will be $30, unchanged from the minimum deposit that was imposed previously. But $1 trading means that an entire world of new traders will be able to enter the market. How will this affect the platform? Well IQ Option has been handling millions of trades a day already, so they should be fine handling the added traffic.

Adding payment systems

The broker has also decided that it was time to add a couple of payment options to their list of ways to withdraw and deposit funds. Now users from mainland China will be able to do so without an issue, owing to the fact that the broker has added China Union Pay, WeChat Pay and Perfect Money to the list. Although it is not only traders from China who will find this beneficial, as Perfect Money serves dozens of countries and provides all of their services in there.

Adding technical analysis systems

IQ Option released their new trading platform recently and has been bringing updates to it non stop ever since. Recently, the broker has added a technical analysis system to the list of features. This should entice the more technically and mathematically inclined users to find the broker attractive. Technical analysis is an important tool in the arsenal of every trader that values being informed over being lucky.  The new feature should serve all users well, as they enter the world of more complex trading and start tracking trends and try to predict the direction of the market.

All these updates will be making the platform only more attractive to the users and should serve them well. It seems IQ option is further expanding its services around the world and trying to attract more users from Mainland China and other parts of the world. This is a commendable initiative, one that we are curious to see play out. Maybe IQ Option will grow the millions of its registered users by another million or two.

By Konstantine Beridze

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