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Your Capital is at risk. This website is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.

Oanda vs IQ Option

Binary Options

  1. It seems to be a silly comparison at first. Oanda is the market leader in Forex trading. The best Forex broker where it’s actually possible to make money. There is only one thing. Trader psychology. How often did you not have or change your exit strategy? You allowed to cut your profit and run losses. Here we have Binary Options. You have to have exit and take profit strategies at the start. If you put it in a decent money management strategy and have a good trading system you follow and it agrees with your ‘Psyche” you have a chance of making good money.

I strongly believe that both types of trading can be profitable. Forex can be good for some people and Binary Trading for others. My personal opinion is that Binary Trading is much more fun than Forex trading. The problem is you can get carried away quite quickly and lose capital even quicker. That is why Binary Trading is quite often compared to gambling. Both Forex and Binary Options are recommended to professional traders only.

oanda vs iq option

I can’t disagree with that comparison. Professional punters and poker players are gamblers? Yes, they are to some extent. Isn’t life choices a gamble? They are. There is a one big difference’ between who is a winning gambler and who’s a real gambler. Real gamblers actually play for excitement and do not make enough learning to beat the system. Theylosing money over time. Winning gamblers learn, develop, have patience and play to be ‘in the money’. I think that successful poker players would be decent Binary Options traders as they know how to deal with ’tilt’. That a losing streak. You have to take a break from playing poker otherwise you are making disastrous decisions to your wallet and yourself. They know when is a time to come back stronger and learn from previous experience.

The same with Binary Options. Please check what is being on a ‘Tilt’ and how to deal with it.

I hope that IQ Option aspirations are to become the “Oanda of Binary Options”. High payouts and a unique, state-of-the-art platform bring it closer to that.

PLEASE NOTE: The articles on this website are not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.

In accordance with the requirements set by the European Securities and Markets Authority (ESMA), trading with binary and digital options is only available to customers categorized as professional clients.

Some of the links on this page may be an affiliate links. This means if you click on the link and purchase the item, I will receive an affiliate commission.

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As required by the European Securities and Markets Authority (ESMA), binary options and digital options trading is only available to clients qualified as professional.

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Learn how to trade!

Video - How to trade FX Options?How to trade FX options? (01:44)

This instrument allows you to trade currency pairs with a short time frame (60 min). Unlimited upside, while the loss is confined to the initial investment.

Video - How to trade CFD?How to trade CFD? (00:49)

This financial instrument allows you to speculate on both upward and downward price movements of stock without actually owning them.

Video - How to trade Binary Options?How to trade binary options*? (01:22)

Predict which direction the asset price will go in a few minutes. Profit up to 95%, with loss being limited to the sum of your investment.(*Binary Options are not available in EU)

Video - Forex. How to start?Forex. How to start? (01:01)

The largest and most liquid market in the world where the main underlying asset is foreign currencies traded in pairs. Watch video to know more.

HIGH RISK INVESTMENT WARNING:

This website is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.

General risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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