We begin the path to financial independence with IQ Option and Forex
History develops in stages. Many historians note certain cycles, when there was a decline behind each rise, new empires developed, grew old and perished.
But before these stages took a large amount of time, and the modern world is very dynamic and rapidly changing. People who are used to living calmly and leisurely cannot count on success. Today it is necessary to keep abreast of modern technology.
Yes, you can choose a routine office job where you have to spend a third of your life, but is this your dream? Of course not. After all, living from paycheck to paycheck does not give any freedom and does not allow you to enjoy every day, receiving positive emotions. And in this world, there is so much fun to try.
But how to defeat the routine? The answer is simple - thanks to modern technology and the international Forex currency market.
The main task in the first stage is the selection of a quality company that will create the best conditions for the user. And the IQ Option broker is a great choice.
From a small site to a segment leader in seven years
It’s true - it took the IQ Option broker only seven years to go from a small company to a popular segment leader.
The story began in 2013 on the island of Saint Vincent and the Grenadines, where the service received official registration. The company was certified here and the necessary international licenses were issued. From the very beginning, companies had to compete with large corporations, experiencing severe market pressure. But thanks to the concern for the quality, safety, and convenience of customers, this company has taken a leading position and has become popular all over the world. According to statistics for 2019, the number of IQ Option users has exceeded 40 million people, and the total annual volume of transactions is more than $3.5 billion. Moreover, the company continues to grow and progress, and a large number of advantages help it win the competition for the client.
Strengths of the IQ Option Service
Of course, there are dozens of companies on the Internet that offer Philippine clients Forex trading. But most customers prefer the IQ Option platform. Because this service can offer much more than competitors.
The desire for financial independence is the main reason why people become customers of IQ Option. After all, here the profit on a successful transaction from binary options brings 70-80%. Moreover, there are professional Filipino traders who can conclude several transactions per day, increasing the bank by two or three times.
Over the seven years of operation, the company managed to gain an excellent reputation and rich experience. You can visit thematic forums and read what users write about the platform. Of course, here you will find negative opinions (you cannot make 100% of customers happy). But 40 million officially registered users cannot be wrong - IQ Option offers the best conditions for FX Trading.
In the digital age, it is very important to ensure the security of your customers from hackers.
Therefore, IQ Option uses high-quality SSL protocols version 3.0 and higher, with a 256-bit dynamic code.
Website made for everyone
A Philippine user does not have to have extensive computer experience to start trading. The official IQ Option website was created by professional programmers and designers, so it’s easy to quickly register here, find the right section, fill up a deposit or start trading. A pleasant color scheme does not tire your eyes even after long hours of work. Besides, the page has 17 language versions, so trading will be convenient.
It is said that the quickest ways to achieve wealth are always illegal. But this is not so, and IQ Option proves this. Because the service is officially registered on the island of Saint Vincent and the Grenadines, it has the necessary international license and is officially represented in the Philippines. Therefore, a local trader can achieve financial independence quickly and legally.
A path to wealth accessible to all
Any Filipino trader can become a client of the company. The only condition is to reach the age of 18 years. The registration procedure is simple and takes several minutes (going to the official page, providing personal data: password, email address, login, and then clicking on the welcome link). Now the Philippine client gets access to all the functionality of the company and the opportunity to conclude transactions from $1.
There are no victories without defeat and practice. But losses can be minimized if you train correctly. IQ Option Company offers to open a free demo account and get 10,000 virtual dollars for a deposit. Now the Philippine trader can use virtual money for transactions and study the principles of the market, as well as choose and train a suitable strategy without risking losing real money.
Work with reliable payment systems
If you decide to start making real money, you need to replenish the deposit. The Philippine user has many reliable and proven payment systems.
IQ Option company cooperates with banking systems (Visa, MasterCard, Maestro), electronic wallets (WebMoney, PayPal, Skrill, Neteller), Blockchain, CoinBase, Jaxx applications.
The minimum amount for replenishment is $10, funds are credited instantly, and the exchange does not charge a transaction fee.
After you have made money and decided to withdraw profit, you must go through the verification procedure. A Philippine trader should send copies of identification documents (passport or driver’s license) by e-mail. The company's employees will conduct an analysis, verify bank details and confirm the operation. Such a precaution takes up to 24 hours and ensures that it is the client who receives the profit, and not the fraudster who finds out the password from his account.
Trading in any convenient way
The new client of the IQ Option site gets access to a huge number of opportunities and various assets. The platform offers to start making money on stocks of companies, cryptocurrency, currency pairs, Forex investment, precious metals, and raw materials. More than 300 options are available, and each client can choose the most convenient way to make a profit.
The IQ Option website never closes the door.
The service works 24 hours 7 days a week, unlike official exchanges in New York, Tokyo, London or Hong Kong.
Moreover, support service is also available 24/7, which allows you to quickly solve any problems and find out answers to important questions. However, the Forex market does not work on weekends, so on Saturday and Sunday, only binary options are available.
Tournaments for you
An interesting offer for all customers, allowing you to earn big money with minimal investment. A tournament is a competition between real traders in the same conditions. Each participant who buys a ticket ($4-20) receives a deposit of 1000 virtual dollars. The task is to earn the greatest profit in a certain period. As a rule, tournaments have a large prize pool (up to $20,000), which is distributed among the winners.
Access to the information
For successful trading, you need to keep abreast of events. IQ Option Company offers Philippine traders this opportunity. The official website has a section with useful information. There are interesting articles for both novice traders and experienced users. We recommend reading the advice of professional traders, an analysis of the advantages and disadvantages of popular strategies, news of exchanges and markets.
Now you know how to work correctly in the Forex market and are ready to choose a strategy. IQ Option website offers Philippine users more convenient trading by providing a wide range of settings. Each chart can be customized, add and remove signals and indicators, make marks, etc.
The site also offers the option of automated trading. You only need to download, install and configure a special program. A well-tuned robot will delight you with efficiency, closing deals on time, analyzing the market and offering the most profitable options with maximum profit.
It does not matter where you are - in Australia, Europe or the Philippines. Thanks to the convenient mobile application, you can earn money wherever there is an Internet. IQ Option Forex trading app works great with any modern devices: iOS or Android mobile phones and tablets, providing a stable signal even with poor Internet.
If a Philippine client wants to get more, he can purchase a premium account. The owner of the gold membership gets access to VIP tournaments, increased profit on successful transactions, the help of a personal manager and many other advantages.
Forex Market History
There are more than two hundred states on the planet, and each of them has a currency. To carry out transactions between countries and the possibility of direct currency transfers, the Forex market was created.
The beginning of the modern history of the exchange happened in 1976.
Previously, large companies, investors, countries, and corporations engaged in international business participated in trade. However, thanks to modern technology and the IQ Option company, ordinary traders from England, Ecuador, the Philippines, and other countries can now trade on the market.
Forex trading F.A.Q.
Why should I become an IQ Option client to do Forex trading Philippines?
If Forex is an independent foreign exchange market, and IQ Option is a quality broker, then why should I become a client of the service? Of course, you can trade Forex without a broker. In theory. Because the minimum transaction size here is $1 million, and the average amount is more than 10 million. Not all users can make such an investment. IQ Option Company offers special leverage that allows you to trade Forex to any client.
Is it legal to trade on Forex Philippines?
The international Forex currency market is a legal tool for trading speculation. The exchange is open in almost all countries of the world, including the Philippines. Moreover, IQ Option also legally operates in the country. Therefore, Philippine traders can earn on Forex stably and legally.
How does the Forex market work?
Each Filipino trader can make a profit by concluding the right transactions in the Forex market. The fact is that the exchange rate changes every minute, and the main principle of profit is “speculative trading”. For example, a trader chooses a certain currency pair (USD/EUR). Its task is to thoroughly analyze the situation and make a prediction of how the exchange rate of one currency against another will change. After a certain period (expiration time), the transaction closes. If the forecast turned out to be correct, the Philippine client makes a profit equal to the percentage of growth. If not, it suffers losses.
How are trades in the Forex market?
This is a complex process that has many nuances. But the sequence of steps will always be the same.
1. You must go to the official IQ Option website and register (we also recommend opening a demo account and practicing here);
2. Now you need to replenish the deposit in any convenient way (the minimum deposit is $10);
3. Now you can begin to conclude transactions. First, you need to decide for which currency pair (or in other words - for which instrument) and for what amount the transaction will be concluded, and also what position will be opened - purchase or sale;
4. When the position is open, you must wait until the course changes in the right direction (unless of course, the forecast was correct) to close the position with a profit. An open position can remain as long as you like. It can be closed after a few minutes or hours, and after a few days or months;
5. Now it remains to withdraw money from the deposit - place a request and wait for the funds to be credited to the account.
How to become a successful Forex trader?
There are many successful traders, including Filipino users who regularly earn big bucks thanks to the Forex market and IQ Option. Each professional trader uses his strategies and rules. But there are general principles that will make trading more successful.
• Analyze every situation. Access to information will give you more opportunities for analysis and increase the chance to make each transaction as successful as possible. Remember that each transaction requires a thorough and comprehensive analysis;
• Use stop-loss. This is an automatic exit from the transaction upon reaching a certain amount of losses. Adjust this indicator so as not to lose too much money;
• Do not make major transactions. Professionals do not put everything on one horse. Even if you are confident in the forecast, the bet amount should not exceed more than 10% of the total bank.