Digital Options By IQ Option: A New Binary Trading App That Changes The Way Options Are Traded
If you are into binary options trading, you probably know that there are tons of apps that just exist – and don’t get the job done effectively. The traditional, old and outdated features are something that needs a radical revolution. Or, something that binary option broker named IQ option has foreseen on time.
The result is here – a new tool named Digital Options that is ready to present traders with a new set of opportunities. Completely new, radically changing the concept of trading and with an array of flexible instruments, the app makes binary options trading smoother than ever before.
Wondering what’s inside this app in terms of features? Well…
Digital Options: The Set Of Features That Makes Binary Options Trading Easier
Whether you are new to the concept of binary options trading or have been trading for years, the first feature you should know is the flexibility and easiness of using Digital Options. The app has undergone a lot of phases in testing, where the manufacturer (IQ Option) considered all the possible opportunities, wishes and propositions from all the traders who found binary options trading to be a pain with all the present apps at that time.
That is how IQ Option was developed – as an app that is very simple to use, straightforward and flexible.
Basically, the fixed profitability of each transaction is gone in this new app, and the need to expect the results in accordance with their expiration time is also a feature that IQ Option decided to remove. Instead, Digital Options presents the market with a set of new features including:
- Advanced trading options for any asset
- Various profit level settings and independent risk
- An array of extra features for more trading flexibility
Digital Options implement higher payments than binary options – up to 900%. This makes it potentially 5 to 6 times more than with standard binary options. The maximum loss amount remains the same though: in case of unsuccessful trade, the amount invested in the option is lost. When it comes to risks, they can be managed more efficiently thanks to different strike prices with different payouts and risks calculations.
On top of that, the strike-price level can now be moved up or down (increased or reduced). Hence, every trader has the opportunity to sell and buy their digital options in real time and lock-in profits – even if the price goes down! Still, the amount of the sale will be as further as the strike depending when the option was sold.
To sum the features up, Digital Options introduces us to a completely new way of trading and allow us to select our preferred ratio of risk and profit. This is the perfect app that allows maximum flexibility for all binary options traders.
Don’t Know How To Trade Digital Options? Relax…
There are tons of people who are new to the concept of digital options trading. In order to explain this process to you, you should only know that there are five main lines that appear on the screen every time you order. This is what is known as a ‘strike’ in the trading terminology – a level the asset has to reachor exceed during its expiration period.
Here, every level has its own profitability and risks calculations and it is up to the trader to make a move taking into consideration these data. So, all you need to do to trade digital options is to know which asset to select and which command to sell (call or put), therefore deciding whether you will buy or sell the option.
Traders know that binary options needed a change – and now have Digital Options, a new way of trading. This helps everyone estimate risks at first sight and know how much to trade with.
The Bottom Line
It is safe to say that Digital Options by IQ Option is an app that completely changes the game of binary options trading – and takes it to a whole new level.
Even if you do not pick it up well from the start, there is a 24/7 support team to answer all of your questions (in 14 languages) and a base of over 15 million traders and investors who are always ready to trade and see growth.
The app itself has already received a lot of awards and certifications of excellence, such as the ‘Best Mobile Platform’ and the ‘Best Platform For Binary Options’ awards.
So, are you joining in the new world of trading as we know it?
RISK WARNING: The financial services provided by IQ Option carry a high level of risk and can result in the loss of all your funds. You should not invest money that you cannot afford to lose.