When choosing a broker for trading, it may be helpful to consider different options to pick the one that offers exactly what you need. This choice may also depend on your location. Some international brokers provide trading services all over the world, while others focus on specific regions. In this article, we will cover all about trading on IQ Option in Argentina: deposit methods, minimum deposit amount, assets for trading and best strategies.
Can You Trade on IQ Option in Argentina?
Yes, traders can register an account on IQ Option in Argentina and trade over 280 assets, including Binary Options, Digital Options, CFDs on Forex, Stocks, Crypto, ETFs and Commodities. After a free sign-up traders get full access to all the trading instruments and services on the platform.
You can register an account on the official website or download the IQ Option desktop or mobile apps for your devices and sign up from there.
How to Deposit to IQ Option in Argentina?
IQ Option offers a number of deposit methods so that traders from different locations can choose the most convenient option for them. There are 8 deposit methods available for traders of IQ Option in Argentina. They include bank cards and transfers, popular local payment systems and even cryptocurrencies.
Traders of IQ Option in Argentina can make deposits in 3 currencies, with the minimum deposit amount of 10 USD, EUR or GBP for most payment methods. One exception is Bitcoin, where the minimum deposit in 50 USD. The minimum trade amount is 1 USD, EUR or GBP.
Assets for Trading
While there are 280+ assets for trading on the platform, many traders of IQ Option in Argentina are especially interested in Binary Options and Digital Options.
Binary Options
Binary options are quite easy to learn and involve short timeframes, which attracts many short-term traders. To trade binary options, you just need to decide whether the asset price will go up or down during a chosen period of time. The timeframes might vary from 1 minute to 1 month, so you can choose the suitable period for your strategy.
Binary options offer a potential profit of up to 95-99%, which is calculated before opening a trade. When you enter the investment amount, you’ll be able to check the potential profit before entering into a deal.
Digital Options
With Digital Options, traders try to predict not only whether the price will go up or down, but also how much it will change over the selected time period.
To open a trade on digital options, you begin by choosing a strike price. For the trade to close in profit, the closing price must exceed the strike price you chose. The further the strike price from the starting price level, the higher the potential profit – it can reach 900% from the initial investment. However, by choosing a strike price that is very far from the starting level, you should keep in mind that the risks go up as well.
There are many digital options strategies you can try out to achieve the best possible results. Check out this Guide for Trading Digital Options and this basic Digital Options Trading Strategy to get you started.
Is IQ Option Reliable?
IQ Option is an international broker with a customizable trading platform that offers its services to over 48 million traders all over the world. Founded in 2013, the company has become one of the leading international brokers and has been acknowledged by many global financial entities.
The IQ Option trading platform is available in 18 languages, including English and Spanish.
You can customize it to fit your preferences, such as interface language, menu items, technical analysis tools, notification alerts and more.
Best Strategies on IQ Option
Even though binary and digital options trading may seem simple, traders still need to analyze the market and try different strategies to achieve positive results. There is no one best strategy for binary options or other assets that will fit everyone. So it’s up to you to test a variety of approaches to pick the most effective options for you.
To help traders on this journey, IQ Option offers an abundance of educational resources. They include free webinars with trading experts, where they share exclusive trading tips for best results. The webinars are often held in several languages, including Spanish and English, so traders from IQ Option in Argentina can choose the most convenient options for them.
If you missed a webinar, you can find webinar recordings and the educational video tutorials on the IQ Option Youtube channel dedicated to the Spanish-speaking audience. For instance, here is a video tutorial on a popular indicator that helps assess market trends – the Ichimoku Cloud.
You can also find the most popular trading video tutorials in Spanish right in the traderoom.
Trading Tournaments
Once you’ve learned a few trading strategies, it may be time to test them in practice. IQ Option offers regular trading tournaments to get some experience and compete with fellow traders. By participating in these contests, you can improve your technique, have fun, and compete for a monetary prize. The average prize fund is $3,000-5,000, but some might go up to $200,000. It is usually shared between 10-30 winners, so it’s worth trying out.
Some tournaments are free, others may require a small fee – normally $2-20. You can learn about the upcoming tournaments and sign up in the Tournaments section of the website or in the Tournaments section of the traderoom.
In Conclusion
IQ Option is a reliable broker that provides trading services in different countries. Traders of IQ Option in Argentina can choose from a variety of basic and local payment methods to make deposits and withdrawals conveniently. The platform is available in web, desktop, and mobile versions, offering traders additional flexibility to fit their lifestyle. The broker also offers a number of educational sources, so that IQ Option traders in Argentina and other countries can learn about best trading strategies to achieve desired results.