Trade Forex With IQ Option

Trade forex on the IQ Option platform and enjoy reliable pricing and exceptional execution
Forex is short for foreign exchange. The forex market is a place where currencies are traded. It is the largest and most liquid financial market in the world with an average daily turnover of 6.6 trillion U.S. dollars as of 2019. The basis of the forex market is the fluctuations of exchange rates. Forex traders speculate on the price fluctuations of currency pairs, making money on the difference between buying and selling prices.

Benefits of Forex Trading With IQ Option

No swaps
No fee charged for holding positions overnight
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$10
Minimum deposit
Up to 1:500
Leverage
Advanced Platform
Desktop Windows / MacOs / Web / Mobile
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IQ Option Becomes a Forex Broker!Coming Soon

Improved portfolio interface
The revamped portfolio interface now makes it easier for you to manage your assets much more effectively.
Margin Level
Use unrealized P/L in new trades
Trade in lots. Set take-profit/stop-loss in pips or asset price
Transparency
Improved portfolio interface
The revamped portfolio interface now makes it easier for you to manage your assets much more effectively.
Top Forex Pairs
Asset
Min spread (pips)
Max leverage
Long/Short swap
EUR/USD
EURUSD
0.9
1:500
0%0%
USD/JPY
USDJPY
0.8
1:500
0%0%
GBP/USD
GBPUSD
2.1
1:500
0%0%
EUR/GBP
EURGBP
2
1:500
0%0%
EUR/JPY
EURJPY
1.7
1:500
0%0%
AUD/USD
AUDUSD
1.2
1:500
0%0%
Hot Market News and Upcoming Events
Current News
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More News
Economic Calendar
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More Events

Build up Your Skills

Learn the basics of forex trading by watching our short video tutorial.
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How to Trade Forex?

Get a quick and easy start in Forex trading by watching this short video tutorial

Forex Trading FAQ

How to trade forex?

To trade forex on margin on the IQ Option platform, follow these steps:
1. Open a new asset and select “Forex”.
2. Enter a trade size by clicking the “Quantity” button.
3. Set optional parameters if you wish:
- If you would like to open a position with the expiration time, press the “Expiration” button.
- Set the take-profit/stop-loss levels.
5. Make your forecast and open a trade.
6. Close your trade manually in the “Portfolio” or wait until it closes automatically in case you set optional parameters.
Please note that your trade will be forcibly closed in case your margin level falls below 50%.

What is margin?

Margin is the amount of a trader’s funds required to open a new position. Margin is estimated based on the size of your trade, which is measured in lots.
A standard lot is 100,000 units. We also provide mini lots (10,000 units), micro lots (1,000 units) and nano lots (100 units). The greater the lot, the bigger the margin amount.
Margin allows you to trade with leverage, which, in turn, allows you to place trades larger than the amount of your trading capital. Leverage influences the margin amount too.

What is leverage?

Leverage is the ability to trade positions larger than the amount of capital you possess. This mechanism allows traders to use extra funds from a broker in order to increase the size of their trades. For example, 1:100 leverage means that a trader who has deposited $1,000 into his or her account can trade with $100,000. Although leverage lets traders increase their trade size and, consequently, potential gains, it magnifies their potential losses putting their capital at risk.

When is the forex market open?

Due to different time zones, the international forex market is open 24 hours a day — from 5 p.m. Eastern Standard Time (EST) on Sunday to 4 p.m. EST on Friday, except holidays. Markets first open in Australasia, then in Europe and afterwards in North America. So, when the market closes in Australia, traders can have access to markets in other regions. The 24-hour availability of the forex market is what makes it so attractive to millions of traders.
Check our trading times for forex pairs.
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Why IQ Option
Free Unlimited Practice Account
Try all IQ Option features using a refillable Free Practice Account of $10,000.
24/7 Multilingual Support
Our friendly Support is always ready to help you in your Language - average response time is 1 minute.
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Risk Warning
The Financial Products offered by the company include Contracts for Difference ('CFDs') and other complex financial products. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered, please ensure to understand the risks involved.