Broker News


One More Reason for non-EU Traders to Join IQ Option: Increase in Multiplier

IQ Option 120x80IQ Option, the attention-grabbing trading platform for non-European traders has recently announced that for cryptocurrency trading the multiplier has increased up to x10.

IQ Option is regulated by CySEC in European countries, in non-EU countries registered in Seychelles and offers Binary Options, Forex/CFDs, stocks, indices and even cryptocurrencies to their non-EU clients to trade on. With over 10 cryptocurrencies available at this trading platform, the traders have the option to choose from Ethereum, Bitcoin, Litecoin, Ripple and other top-ranked cryptocurrencies. 

 


What is popularly known as leverage in the trading world, IQ Option has given the name ‘multiplier’. Leverage or multiplier is offered by the trading platforms such that the trader has the option to increase the amount of their initial investment and earn more profits. It means that if x5 multiplier is applied then the return on investment will increase by 5% when the asset price changes by 1%. However, this only occurs when the trade is a success.

iq option multiplier

Multiplier for cryptocurrency trading

 

IQ Option previously used to offer multiplier up to x5 to the non-EU traders. The announcement on 27th April 2018 by IQ Option has seen an increase in the multiplier by x5.  Now, the traders will be able to apply x10 leverage on their investment and stand to multiply their earnings. The trader, in the real market situation, should approach it with more caution as the market of cryptocurrency is highly volatile and if the strategy is not implemented correctly then the trader may have to face high losses.

The news of IQ Option increasing the multiplier for cryptocurrency trading has been met warmly by the non-European traders. It is expected that more traders and investors will be attracted by the offer and take an interest in cryptocurrency trading with IQ Option.

 

For more please read the IQ Option Review

 

Risk Warning: Trading may not be suitable for everyone, so please ensure that you fully understand the risks involved. Especially trading leveraged products such as Forex and CFDs carry a high degree of risk to your capital and can result in the loss of your entire capital. Only invest with money you can afford to lose.