What’s The Minimum And Maximum You Can Trade – FAQ

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General Questions

IQ Option is a trading platform that helps you start your journey as a trader. We offer the following instruments:

– CFDs on currency pairs

– CFDs on commodities

– CFDs on Cryptocurrencies

You can start practicing on a demo account, and then continue trading with real funds. Our graphical tools and convenient technical analysis indicators help you make trading decisions.

According to company policy, we do not disturb our traders with outgoing calls, except for the welcome calls that our Fresh Team makes when our traders make their first deposit. Nevertheless, you are always welcome to contact us using one of the following ways:

1) Call us anytime at:

United Kingdom: +44 20 8068 0760 (London toll rate); +44 80 0069 8644;

South Africa: +27 87 550 21 61;

Australia: +61 261 452 936 (Canberra);

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    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
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    Good Choice For Experienced Traders!

Mexico: +52 18 002 889 985 (Toll-free);

Brazil: +0800 878 3257 (Toll-free); +55 61 3550 0638 (Brasília);

Portugal: +351 882 880 034 (Toll-free); +351 308 807 766 (National);

Argentina: +54 115 173 7455 (Buenos Aires);

Singapore: +65 3163 7458 (Singapore);

Spain: +34 90 086 16 12 (Toll-free); +34 91 123 87 48 (Madrid toll rate);

Chile: +56 442 045 012;

India: +91 000 800 040 13 61 (Toll-free);

Thailand: +66 2 104 07 95 (Bangkok);

Colombia: +57 800 755 0167 (Toll-free)

2) Write to us in the Live Chat on the platform.

The minimum investment amount for today’s trading conditions can be found on the Company’s trading platform/website. The maximum investment amount is $20,000.

The maximum amount on some assets may vary according to the market conditions.

The company doesn’t provide loans for trading.

Thank you for understanding!

Yes, we do! And on computers, the platform responds faster in the application for Windows and Mac OS. Why is it faster to trade in the application? The website is slower to update movements on the chart because the browser doesn’t use available WebGL capabilities for maximizing the computer’s video card resources. The application doesn’t have this limitation, so it updates the chart almost instantaneously. We also have apps for iOS and Android. You can find and download the applications on our download page.

If a version of the app is not available for your device, you can still trade using the IQ Option website.

What’s The Minimum Amount Needed To Start Forex Trading?

With most brokers offering accounts with as little as $500 initial investment, and some going as low as $100, it’s easy to sign-up and get started in Forex with almost any budget.

But is the minimum really enough to trade effectively?

As you’ll see, it’s more complicated than a simple yes/no answer. The minimum amount you need will depend partly on your trading style, your broker, and whether you intend to use any profits as a side-income (or main income).

Putting Risk Management Before Quick Profits

Regardless of what your analysis and instincts tell you, there’s no sure thing in trading; even the most profitable traders have runs where every decision they make is wrong. Your first objective when depositing should be to have a large enough balance that an unfortunate losing run doesn’t leave you broke.

Of course, if you aren’t a profitable trader, no amount of risk management will prevent your budget from drying-up eventually. Risk management measures are there to reduce the chances that a profitable trader will take damaging losses due to an unusual losing streak.

Ideally, you should not risk more than 1% of your balance in a trade. This rule means your starting balance should be at least 100 times greater than your maximum risk in the trades you’re making.

Pips, Lots, and Risk

The Forex market moves up and down in pips (price interest points), which are calculated using the last decimal point in the exchange rate. Most (but not all) currency pairs are priced to four decimal points. For example, if the GBP/USD is priced at 1.3435 and moves to 1.3437, it’s moved two pips. If it then goes to 1.3537, that’s a 100-pip move.

Forex enables you to trade currency pairs in 1000, 10,000 and 100,000 units, which are called micro, mini, and standard lots respectively. Users with smaller starting capitals will normally be trading micro lots.

In pairings where the USD is listed second, a pip is always worth $0.0001. So, when you trade micro lots of 1000 units, one pip of movement will gain or lose you $0.10 (found by multiplying pip cost by the number of units). In other pairings, the value of the pip will depend upon the second currency listed.

Assuming you trade just one micro lot and set a stop loss of 10 pips, you could conceivably trade with $100 without breaking the 1% rule, because 1000 units x 10 pips x $0.0001 = $1.

Although you could start with $100, we wouldn’t recommend it, because having a very small account puts you at a significant disadvantage.

The Problems With Starting With a Small Account

There are three problems when starting with a very small account size:

1. Insignificant Gains Are Frustrating

When your hard work and good decision-making result in gains of just a dollar or two, you might be left thinking about what would have happened if you had been able to trade more units. Many beginners feel this frustration, particularly when they start to have a bit of success – it’s easy to think ‘if only I’d taken a bigger risk.’

That thought process is just one step away from breaking the 1% rule. Once you’ve done that, your balance is at significant risk (no matter how good your decisions are). Traders who are keen to use their profit as a side income are particularly prone to making this mistake because they put pressure on themselves to start making larger profits immediately.

2. A Small Balance Limits You To Day Trading

A stop-loss of 10 pips is ok for day trading, but what if you want to use a different strategy? Some traders prefer swing trading, which is when you hold your position for a few days or even a couple of weeks to gain from longer-term movements.

This style of trading requires a higher stop-loss, often at least 20 to 50 pips. To hold these positions without using more than 1% of your account will require a starting balance of $2,500+.

3. Your Cost-Per-Trade Is Higher When You Have a Small Balance

Most brokers charge users with larger accounts less per trade, which means that those starting with a very small account pay the highest fees (as a percentage of their trades). The wider the spread, the harder it is to make a profit – which makes it even harder for beginner traders to make their first profits.

Considering all of the above, a good starting budget for day-trading is $1000, although $500 will do. Never deposit what you cannot afford to lose (and replace) – it’s unlikely you’ll hit on a winning strategy immediately. This starting balance should be increased to at least $2500 if you want to swing-trade instead of day-trade.

Another good option is to open a free demo account and try out different strategies for no cost at all. This method allows you to get some experience before you put your money on the line – and you’ll be that much more likely to succeed when you do then start trading for real money later on.

Finding minimum and maximum

I need to write a repetition program that gets 5 numbers and show the max and the min numbers. I got this for the moment but does’t work.

This just shows 1 ans 0 as max and min. What’s the problem behind my logic?

3 Answers 3

Include the following header file:

. then change the following:

. and change the following:

. the entire program could be written as follows:

Remark:

The logical operator > and returns true or false (hence any non-zero integer, 1 for true or 0 for false ). What you are intending to do is mutate the maximum and minimum values with respect to that result, and hence the ? and : operators are required. Alternatively, you can use the control flow statement if as follows:

You should also have your main function specifying that no arguments should be passed to it by using the special void parameter, as follows:

The use of function declarators with empty parentheses (not prototype-format parameter type declarators) is an obsolescent feature.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

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