What is it exactly and how can it help you to trade? Let’s find out together!
The basic idea of Classic Options can be explained quite simply: it’s a combo of well-known and easy to use dashboard and unlimited opportunities to benefit from the stock market.
When using this financial instrument, a trader will need to determine whether an asset price will go up or down (same as in regular binary options trading, as you can see). However, the most important difference between Classic Options and regular binary options is that with Classic Options, a trader is able to close any trade whenever they want without waiting for it to expire. Thus, opportunities to profit are unlimited while losses are controlled by the funds a trader invests in each individual trade.
IQ Option Classic Options were inspired by the stock market rules in US and based on top 30 most successful companies from different industries (Apple, Facebook, Starbucks, etc). IQ Option is offering an opportunity to trade with 500 different assets. This is an exceptional list of underlying assets on financial markets.
How to Trade Classic Options?
- What you need to do first in order to trade Classic Options with IQ Option io choose Classic Options. They are situated below Turbo and Binary options.
- Then a trader needs to select an asset to trade with.
- Once an underlying asset has been chosen, a trader has to determine the number of assets they want to buy.
That’s it, easy like that!
Classic options enable each individual trader to select a suitable risk level and decide on possible profits. The higher the risk, the more money can be won. For fewer risk trades with call option a trader should choose lower strike price.
IQ Option Pages:
Trade now with our recommended Binary Options Brokers.
Trade no now with Binary Options Robots
|All brokers >>|