How IQOption Forex trading works?
If you take a look at the buy scenario on the image, the buy mark will be 1.233580 (ask price) and of course the current mark is a bit lower at 1.23342. That means that right from the beginning I am behind my buy mark and that is totally reasonable for me since that will work as “spread” or at least that is what I think.
What I don’t understand is why the purchase mark is not considered the zero mark (0%). Instead the zero mark is even higher at that is really confusing when deciding about a position.
Could you explain why it works like that and how much higher or lower the zero mark will be in relation to the buy/sell mark?
Hi! Thanks for your response but if you look at the image again you will realize that IT IS NOT BINARY is forex with a multiplier (leverage) and auto closings. IQOPTION does feature multiple types of instruments not just binary.
Also my question is that the green line is NOT behaving as strike point. The real strike point is passing the 0% mark.The end of the red bar to right is the actual strike and that is what confuse me.
That strike point is the spread difference you have in other forex platform, so when you call it will be above the point of the average. And if you put, it will be below it. So depending on the spread difference when you call or put.
beware on using IQOptions. There is a bug in the browser and desktop app that they haven't fix yet. Good thing they return all my money back due to loss but still they haven't fixed the issue. The issue is when auto buying with a preferred amount. After setting the TP/SL and multipliers annd clicking buy/sell it will go to pending. Check the TP/SL, it is set as blank. Set it to back to your preferred % then after it hit your preferred amount it will auto trade then check your active trades. You will see that TPSL is multiplied to the multiplier. That means if you set 10% loss that value will be 1000%. I tried this on the android app and it works at expected. It's also working as expected when buying with the current amount.
