IQ Option introduces its upgraded forex trading system for both regulated and unregulated clients. The new system, called ‘Forex’, features improved transparency of investment details, better portfolio management, traditional lot trading functions, and nearly 100 more currency pairs.
IQ Option Forex Trading Conditions
The new foreign exchange services from IQ Option include several enhancements, from asset range to ease of use and margin. The system now has a reorganized and sleeker portfolio management tool that supports quicker and easier visualization of overall and specific earnings and highlights key notifications. The list of currency pairs that can be traded as CFDs and options has increased from 22 to 120, including major, minor, and exotic pairings with binary options and digital options.
Leveraged trading is also supported in the new system, to varying extents based on client location. Non-regulated traders can access leverage of up to 1:500 at margin rates from 0.2% with a minimum trade of 0.001 lot. Regulated traders, on the other hand, are capped at 1:30 leverage, with the same margin rates and minimum trade size.
The COVID-19 Forex Boom
The foreign exchange markets have seen unprecedented growth of interest since the start of the coronavirus pandemic.