Forex trading with IQ Option

Enjoy free and easy access to the world's largest financial market with IQ Option
General risk warning : All trading involves risk. Only risk capital you're prepared to lose. More info
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General risk warning : All trading involves risk. Only risk capital you're prepared to lose. More info
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.

Competitive leverages

Minimum investments

Bulletproof risk management

With features like Stop-loss and take-profit, negative balance protection and trailing stop.
Start trading forex with a minimum investment of $1 and a minimum deposit of $10.
Amplify your trading potential with a wide variety of leverages of up to 1:500.

Is forex trading legal in Indonesia?

The forex market is gigantic and creates colossal opportunities for its participants. Therefore it is not surprising that the number of companies that strive to provide forex trading services at international level is growing day by day. The larger the population of the country, the more attractive the market is for forex brokers.

By 2013, the forex market in Indonesia had not been controlled or supervised by any official authorities. The country's market was full of local and foreign brokers that operated according to their internal standards. In 2013, the Indonesian government decided to introduce regulations on the domestic forex market, aiming at protecting individual traders and their funds. Since then the country's market has transformed into a regulated environment. Apart from domestic brokers that have to comply with new standards and requirements, there are plenty of overseas companies that continue working legally in the Indonesian forex market. These brokers are usually licensed or certified in other countries.
Briefly — yes, forex trading is legal in Indonesia.

If you follow the Islamic faith and would like to feel absolutely safe while trading forex with IQ Option, you can open an Islamic account and have special conditions for trading.
With the right broker, forex is becoming more secure and enjoyable. IQ Option is a distinguished broker that has won several prestigious international awards, including the 2017 Award of Excellence.
2017 Award of Excellence

Renowned broker

IQ Option is continuously improving the functionality of its software by adding new features. Get access to over 100 technical indicators and widgets, set up price alerts and make full use of fundamental and technical analyses tools available on our platform.

Leading-edge technology

Wide selection of trading tools
Forex (forex adalah) is the world's largest and most liquid financial market with an impressive number of players: from institutional investors to individual traders.

In 2019, the average turnover of the forex market amounted to 6.6 trillion U.S. dollars per day, which indicates a fivefold increase since 2001, according to the data from the online statistics service Statista.

Up to 50 forex pairs

When you open a deal

No swaps
or commissions

Completely re-engineered forex

We have significantly improved the portfolio interface. Enjoy its enhanced functionality and manage all your trades and assets easily and effectively in one place.

Redesigned portfolio interface

Margin level

Health indicator of your trading situation.
Get better control over your deals: the platform will prompt you for the most important parameters of a new trade before you place it.

Transparency

Trading asset parameters

About forex

"Forex" (forex adalah) is a short term for "foreign exchange". It is a global market where currencies are bought and sold with the purpose of earning a profit. It is the largest and most liquid financial market in the world with a significant number of players.
What is forex?
Forex (forex adalah) is an international market where currencies are traded. An average daily turnover of the forex market was 6.6 trillion U.S. dollars in 2019. The forex trading mechanism (mekanisme perdagangan valas) is based on fluctuations of currency exchange rates. Forex traders make money on the difference between buying and selling prices.

Due to different time zones and its international nature, the 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. On holidays, the forex market is closed.

To trade forex on IQ Option, follow these steps:

  1. Create an account on the IQ Option platform or sign in if you are already registered with us.
  2. Learn about forex trading: watch our video tutorials and try demo trading.
  3. When you are ready to trade on a real account, go to the trade room and select "Forex" from the list of trading instruments.
  4. Select a currency pair.
  5. Enter the amount of money you are willing to invest.
  6. Select a level of leverage by pressing the "Multiplier" button.
  7. If you wish, enable the "Auto-Close" option: specify the stop-loss and take-profit levels.
  8. Open your trade in accordance with your forecast: press "Buy" if you think that the price will appreciate. Press "Sell" if you believe that the price will depreciate.
  9. Your position will be closed automatically if you set auto-close parameters or you can close the trade manually.
What is the bid, the ask and the spread?
Currencies are traded in pairs in the forex market. The first currency in a currency pair is called the base currency, the second one is called the quote currency. When trading forex, traders buy one currency and sell another at the same time. For example, if you see EUR/AUD = 1.7635, it means that you will need 1.7635 Australian dollars (quote currency) in order to buy one euro (base currency).

When you intend to buy a base currency, you will do so by selling a quote currency. The price at which your forex broker (broker forex) will sell you the base currency is called the ask price (ask).

When you intend to sell a base currency in order to buy a quote currency, you will have to pay the bid price (bid). The bid is the price your broker is willing to pay to purchase the base currency. The bid is always lower than the ask.

The difference between the bid and the ask is called the spread. Spreads are measured in pips, which is short for percentage in point. Spreads may differ from broker to broker.
What is leveraged trading?
Before we speak about leveraged trading we should understand what is trading (apa itu trading) in general. Trading is the process of buying and selling assets such as stocks, commodities, currencies, indices etc., with the aim to make money on price differences. Let's say you have $2,000 and would like to invest this sum in asset A. You believe that the price of asset A will increase some time in the future, so you open a long ("buy") position. If your forecast is correct, you will earn a profit. If you fail to predict the price direction correctly, you will lose your investment.

But what if you would like to open a position that exceeds $2,000? Should you go to a bank and take a loan in this case? There is no need for you to do that. Most brokers, including IQ Option, have a great mechanism that allows traders to open positions larger than the amount of capital they possess. This method is called leverage. Applying leverage, traders use additional funds from a forex broker (broker forex) in order to enhance the size of their trades. For example, a 1:100 leverage means that a trader who has deposited $2,000 into his or her account can trade with $200,000. Remember that even though leverage lets traders increase their trade size significantly, it also magnifies their potential losses, so leverage should always be used with caution.
What are take-profit and stop-loss orders?
Take-profit and stop-loss orders are specific functions that allow traders to close their positions automatically when certain conditions are met. When creating a take-profit order, you select a level of profit, which once reached, will automatically close the trading position. Stop-loss is a selected level of loss, which once reached, will automatically close the trading position. Stop-loss and take-profit are tools that help you to protect your profits and minimize potential losses. Please note that stop-loss and take-profit orders need to be set before you open a deal.

To create take-profit/stop-loss orders on our platform, click on the "Auto-Close" button on the right hand side panel and enter the levels of profit/loss where your position should be closed automatically. You can specify these values in percentages, in money or enter a specific price of the selected asset.

There are many ways of calculating take-profit and stop-loss levels, but the most reliable ones are based on technical analysis data. For example, you may need to identify support and resistance levels of the asset, analyze price patterns or trends.
What are the most popular forex trading strategies?
To decide whether to buy or sell a particular currency, a trader is advised to use various trading strategies.

Day trading is one of the most popular forex trading strategies. It implies that a trader keeps a position or several positions open for several minutes or hours during one day, but closes them before the trading day is over. Using this strategy, traders profit from asset price changes during the same day and they often do so by applying the leverage mechanism.

One of the variations of day trading is scalping. This method is based on the idea of generating many small profits by keeping several positions open over short time frames, usually seconds or minutes, during the same day. In scalping, traders buy and sell currencies many times during the day. To make considerable profits via this strategy, they need to accurately spot exit points.

Another popular day trading strategy is trading the news. News has a great power as it can change the market situation in a moment. The idea behind this strategy is to understand what news may influence a particular currency positively or negatively and adjust your trading strategy based on this information. For example, when the most recent deal of the Organization of the Petroleum Exporting Countries (OPEC) failed in March 2020, the Russian ruble reached a 4-year low losing more than 7% to the U.S. dollar. This happened because the Russian currency is tightly correlated with the price of oil. If your trading portfolio includes currencies that are correlated with oil, monitoring oil prices and news from the oil markets may be very useful.

Some traders prefer long-term strategies to short-term ones. For example, in swing trading, a trader keeps a position open for several days or weeks and benefits from price movements, also known as "swings".

You should keep in mind that all long-term strategies, including swing trading, involve overnight fees, as traders do not close positions on the same day and transfer them to the next delivery day or hold them open over weekends.

Another long-term trading strategy is called position trading. The idea behind position trading is quite simple: you should keep a position open for an extended period of time such as weeks, months, or even years. Position traders make profit on asset price changes over long time spans. They take into account trends, rely both on fundamental and technical analysis data, follow the news, and use various risk management tools. This strategy is similar to investing.

Momentum trading is based on information about the trend strength. When the trend is getting stronger and the asset price is moving up, traders open new positions. When the trend weakens, they close their positions. To identify the momentum, traders resort to technical analysis tools, especially the group of momentum indicators.
What is forex?
Forex (forex adalah) is an international market where currencies are traded. An average daily turnover of the forex market was 6.6 trillion U.S. dollars in 2019. The forex trading mechanism (mekanisme perdagangan valas) is based on fluctuations of currency exchange rates. Forex traders make money on the difference between buying and selling prices.

Due to different time zones and its international nature, the 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. On holidays, the forex market is closed.

To trade forex on IQ Option, follow these steps:

  1. Create an account on the IQ Option platform or sign in if you are already registered with us.
  2. Learn about forex trading: watch our video tutorials and try demo trading.
  3. When you are ready to trade on a real account, go to the trade room and select "Forex" from the list of trading instruments.
  4. Select a currency pair.
  5. Enter the amount of money you are willing to invest.
  6. Select a level of leverage by pressing the "Multiplier" button.
  7. If you wish, enable the "Auto-Close" option: specify the stop-loss and take-profit levels.
  8. Open your trade in accordance with your forecast: press "Buy" if you think that the price will appreciate. Press "Sell" if you believe that the price will depreciate.
  9. Your position will be closed automatically if you set auto-close parameters or you can close the trade manually.
What is the bid, the ask and the spread?
Currencies are traded in pairs in the forex market. The first currency in a currency pair is called the base currency, the second one is called the quote currency. When trading forex, traders buy one currency and sell another at the same time. For example, if you see EUR/AUD = 1.7635, it means that you will need 1.7635 Australian dollars (quote currency) in order to buy one euro (base currency).

When you intend to buy a base currency, you will do so by selling a quote currency. The price at which your forex broker (broker forex) will sell you the base currency is called the ask price (ask).

When you intend to sell a base currency in order to buy a quote currency, you will have to pay the bid price (bid). The bid is the price your broker is willing to pay to purchase the base currency. The bid is always lower than the ask.

The difference between the bid and the ask is called the spread. Spreads are measured in pips, which is short for percentage in point. Spreads may differ from broker to broker.
What is leveraged trading?
Before we speak about leveraged trading we should understand what is trading (apa itu trading) in general. Trading is the process of buying and selling assets such as stocks, commodities, currencies, indices etc., with the aim to make money on price differences. Let's say you have $2,000 and would like to invest this sum in asset A. You believe that the price of asset A will increase some time in the future, so you open a long ("buy") position. If your forecast is correct, you will earn a profit. If you fail to predict the price direction correctly, you will lose your investment.

But what if you would like to open a position that exceeds $2,000? Should you go to a bank and take a loan in this case? There is no need for you to do that. Most brokers, including IQ Option, have a great mechanism that allows traders to open positions larger than the amount of capital they possess. This method is called leverage. Applying leverage, traders use additional funds from a forex broker (broker forex) in order to enhance the size of their trades. For example, a 1:100 leverage means that a trader who has deposited $2,000 into his or her account can trade with $200,000. Remember that even though leverage lets traders increase their trade size significantly, it also magnifies their potential losses, so leverage should always be used with caution.
What are take-profit and stop-loss orders?
Take-profit and stop-loss orders are specific functions that allow traders to close their positions automatically when certain conditions are met. When creating a take-profit order, you select a level of profit, which once reached, will automatically close the trading position. Stop-loss is a selected level of loss, which once reached, will automatically close the trading position. Stop-loss and take-profit are tools that help you to protect your profits and minimize potential losses. Please note that stop-loss and take-profit orders need to be set before you open a deal.

To create take-profit/stop-loss orders on our platform, click on the "Auto-Close" button on the right hand side panel and enter the levels of profit/loss where your position should be closed automatically. You can specify these values in percentages, in money or enter a specific price of the selected asset.

There are many ways of calculating take-profit and stop-loss levels, but the most reliable ones are based on technical analysis data. For example, you may need to identify support and resistance levels of the asset, analyze price patterns or trends.
What are the most popular forex trading strategies?
To decide whether to buy or sell a particular currency, a trader is advised to use various trading strategies.

Day trading is one of the most popular forex trading strategies. It implies that a trader keeps a position or several positions open for several minutes or hours during one day, but closes them before the trading day is over. Using this strategy, traders profit from asset price changes during the same day and they often do so by applying the leverage mechanism.

One of the variations of day trading is scalping. This method is based on the idea of generating many small profits by keeping several positions open over short time frames, usually seconds or minutes, during the same day. In scalping, traders buy and sell currencies many times during the day. To make considerable profits via this strategy, they need to accurately spot exit points.

Another popular day trading strategy is trading the news. News has a great power as it can change the market situation in a moment. The idea behind this strategy is to understand what news may influence a particular currency positively or negatively and adjust your trading strategy based on this information. For example, when the most recent deal of the Organization of the Petroleum Exporting Countries (OPEC) failed in March 2020, the Russian ruble reached a 4-year low losing more than 7% to the U.S. dollar. This happened because the Russian currency is tightly correlated with the price of oil. If your trading portfolio includes currencies that are correlated with oil, monitoring oil prices and news from the oil markets may be very useful.

Some traders prefer long-term strategies to short-term ones. For example, in swing trading, a trader keeps a position open for several days or weeks and benefits from price movements, also known as "swings".

You should keep in mind that all long-term strategies, including swing trading, involve overnight fees, as traders do not close positions on the same day and transfer them to the next delivery day or hold them open over weekends.

Another long-term trading strategy is called position trading. The idea behind position trading is quite simple: you should keep a position open for an extended period of time such as weeks, months, or even years. Position traders make profit on asset price changes over long time spans. They take into account trends, rely both on fundamental and technical analysis data, follow the news, and use various risk management tools. This strategy is similar to investing.

Momentum trading is based on information about the trend strength. When the trend is getting stronger and the asset price is moving up, traders open new positions. When the trend weakens, they close their positions. To identify the momentum, traders resort to technical analysis tools, especially the group of momentum indicators.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. We recommend that you start with a demo account with a replenishable virtual balance of $10,000. Try different trading strategies without the fear of losing your real funds. It's safe and free.
Persons under 18 are not allowed to open an account according to the current legislature. While signing up, look through 'Terms and Conditions' and 'Privacy Policy': all disputes are decided in accordance with those rules.
$ 20 000 000 +
1 000 000 +
MONEY WITHDRAWN:
2013
FOUNDED IN:
TRADE DEALS:
PER DAY
PER MONTH
CUSTOMER SUPPORT:
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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 that you understand the risks involved.
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