Binary Options Trading in Turkey with IQ Option

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The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
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The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
95%
POTENTIAL PROFIT
By making a correct prediction of an asset's cost trend
$10
MINIMUM MONEY DEPOSIT
Easy to start with small amounts of money
1 min
MINIMUM TIME FRAME
Don't need to wait for months to know your profit

Is Binary Options Trading Legal in Turkey?

Referring to binary options, Turkey has certain limitations. The citizens are able to invest in those instruments legally but some pitfalls exist.

The Turkish Capital Market Board limited brokers' activity in 2017 by adopting a new law. According to the law, brokers are obliged to obtain licenses of the CMB. Moreover, users need to deposit at least 14 000 USD to start investing their funds.

Fortunately, there exist no limitations concerning those citizens who are able to open accounts on foreign platforms. That's why, the Turkish may trade on IQ Option using the full functionality of the platform.

When they earn profits, Turkish citizens are obliged to pay taxes according to the current legislature, no matter what the sources of those incomes are. The tax rates vary from 15% to 35% depending on the incomes.
RISK MANAGEMENT
With features like 'Negative balance protection' and 'Trailing Stop' you can safely manage your losses.
AWARDED PLATFORM
Award-winning software recognized and praised by the industry's respected experts.
TRADING COMMUNITY
You may adopt traders' experience with features like 'Traders' Sentiment' and 'Community Live Deals'.

IQ Options' Main Benefits

Currency pairs, Cryptocurrencies, Raw-materials, and more
Our platform offers more than 40 different assets for binary trading. Those include currency trading pairs (both popular and more exotic), shares, gold, and over-the-counter instruments. Basic information and top related news are suggested for each asset.

A trader is able to analyze these assets and pick up the ones that correspond to his investing purposes and strategies. Moreover, deals for several assets may be opened simultaneously. The investments are controlled through the 'Total Portfolio'.

Variety of trading assets

Binary options are understood as relatively new investing instruments in comparison with the Forex market. Established in 2008, those instruments have been gaining popularity rapidly. Binary options can be now traded all over the world. On the other hand, those instruments are understood as risky ones. According to Statista, 23 of 100 deals are successful.

About Binary Options

What are binary options?
Binary options may refer to currency pairs, shares and some other assets. To understand what the option means; imagine a simple agreement that exists physically.

Options are understood as agreements between two parties (a broker and a trader). An asset's price movement is the subject of the agreement.

Picking up a particular asset, traders get the chart where the current price is displayed. The task is to predict further price movement within a certain period. The period is selected by a trader individually. Brokers suggest periods from 1 minute to several hours.

For instance, a trader picks up Facebook shares. Their current price is 166.9300. Clicking in 'Higher', a user expects the price to move higher than the initial one after the expiration time. No matter how much higher the price is, profits are fixed. In case of an incorrect prediction, a trader loses 100% of his investment.
Which types of binary options exist?
There exist different types of binary options that depend on the conditions offered for a trader. Among the most widespread types of options the following ones are distinguished:

  1. Put/Call options.
    This type is suggested by our platform. A trader needs to decide if the price of an asset will be higher or lower during the selected period. "Put" means that the price is decreasing (Lower) while "Call" refers to the price increasing (Higher). The type is considered among the most understandable ones among investors.
  2. In touch / No touch.
    Such a binary options type implies a particular price index an asset either should or shouldn't touch during the indicated period. For instance, the gold price is 1585.90. An investor expects the price to rise to 1595.00. This price is indicated by a trader with an "In touch" position. During the indicated period the gold price reached 1597.00 but then decreased to 1583.88. A trader gets profit because the price touched the indicated line.
  3. Range / Boundary.
    Investors pick a certain range expecting the price to hold within that boundary. For instance, EUR/USD current rate is 1.102705. An investor needs to indicate low and high boundaries for that price. For instance, the highest boundary is defined as 1.103305 while the lowest is 1.102005. When the price is within those boundaries at the moment of time expiration, profit is obtained.

All types of options imply the necessity of having professional analysis and trading experience.
Which assets to select for investing?
There is a wide range of assets that are offered for investing in. Those are divided into three groups: trading pairs, shares and precious metals. While picking up those assets, an investor should understand that they have different volatility.

Referring to trading pairs that are frequently understood as the most popular among the traders, assets are influenced by different news.

Pairs with EUR are influenced by any news referring to the European countries (particularly Germany). GBP rates mostly depend on the situation in Great Britain, both political and economical. CAD is influenced by oil prices while AUD is interdependent with gold. NZD is highly dependent on weather conditions and the harvest.

Referring to shares, there exist numerous factors that affect prices: a company's news, legislature peculiarities, the general economic and political situation in the country.

NOTE! Pick up one asset for investing and try to understand mechanisms that influence the price. Investors who select several assets are often unable to follow all the necessary information and end up losing their funds.
The market schedule: when to trade binary options
Understanding what their option is; investors make deals with a broker while assets are purchased directly from the market. Thus, assets are available when the market is open. On weekends trading pairs are not available for investing.

Referring to shares, those are purchased within certain sessions. Our platform offers those assets from 15:33 till 21:00. On weekends, markets are closed as well.

At the same time traders suggest making deals on weekends using OTC (over the counter) assets. These are not purchased directly from the market: the rates are defined by a broker therefore OTC assets are considered to be the riskiest ones. On the other hand, fixed profits are about 96−97%.
How to start binary trading?
Using our platform, investors need to take some simple steps to start trading binary options:

  • Open an account and log into the system.
  • Customize your personal area to make the investing convenient for you.
  • Open a new asset in the upper menu (by clicking on '+').
  • Pick up 'Options' and then select 'Binary' to open the list of assets.
  • From the available assets, pick the one you are going to invest in.
  • Indicate the expiration time that varies from 1 minute to several hours or even days (till the end of a week).
  • Insert the amount of your investment ($1 minimum).
  • If you expect a price increase, click "Higher". If you expect a decrease, click "Lower".

Note! When you pick an expiration time, there are several important factors to be taken into account. Firstly, the profit depends directly on which period was selected. For instance, when selecting between 1 and 5 minutes, investors are likely to get 76% profit from a CBP/AUD pair, while other periods may yield just 72%. Moreover, the choice should depend on the binary option strategies an investor follows.
How to analyze the market
To understand the general market situation, investors need to define market trends. Those are either bearish (decreasing) or bullish (increasing). Moreover, the market may be in a flat position when the volatility is minimal.

Apart from important news, investors are expected to follow trading volumes and understand the market psychology in general. Bullish or bearish trends that are connected with high trading volumes indicate that further price movement is expected to be according to the trend.

Among the most useful analytical instruments for predicting further price movement are Fibonacci lines. Those lines are used for understanding whether the price is moving according to the trend or correction is observed. Fibonacci lines look like a network with certain indexes. Indexes from 0 to 100 mark the beginning and end of a trend.
Which strategies are suitable for binary trading?
Experienced investors use certain strategies for trading binaries. Those strategies may be linked with particular assets and periods. Among the most widespread ones are the following:

  1. Trading against the trend.
    Some investors are not interested in short-term volatility and trying to understand the general trend. When the price reaches its maximal positions, the reverse movement is expected. Fibonacci lines are widely used for defining the moment when the reverse movement is expected.
  2. News trading.
    Some important news influences asset prices significantly therefore investors may pick up a certain asset and then keep a check on news it depends on. This strategy is effective for long-term periods like 1 hour or even more. The news is expected to be reflected in prices.
  3. Envelope strategy.
    The Envelope strategy is highly appreciated by professional investors. Such a strategy is suitable for periods of 30 minutes while the candle time should be 3 minutes. Envelope Indicator and Moving Average instruments are used. The price should be out of the envelope boundary but the Moving Average should pass through the bullish candle to enter the market.

There are other widely used strategies for investing in binaries such as: Antiq, Vortex, Le Confort, etc.

Note! There exist no magic strategies and there is no 100% success warranty. Thus, success is mostly based on personal analysis and experience.
What are binary options?
Binary options may refer to currency pairs, shares and some other assets. To understand what the option means; imagine a simple agreement that exists physically.

Options are understood as agreements between two parties (a broker and a trader). An asset's price movement is the subject of the agreement.

Picking up a particular asset, traders get the chart where the current price is displayed. The task is to predict further price movement within a certain period. The period is selected by a trader individually. Brokers suggest periods from 1 minute to several hours.

For instance, a trader picks up Facebook shares. Their current price is 166.9300. Clicking in 'Higher', a user expects the price to move higher than the initial one after the expiration time. No matter how much higher the price is, profits are fixed. In case of an incorrect prediction, a trader loses 100% of his investment.
Which types of binary options exist?
There exist different types of binary options that depend on the conditions offered for a trader. Among the most widespread types of options the following ones are distinguished:

  1. Put/Call options.
    This type is suggested by our platform. A trader needs to decide if the price of an asset will be higher or lower during the selected period. "Put" means that the price is decreasing (Lower) while "Call" refers to the price increasing (Higher). The type is considered among the most understandable ones among investors.
  2. In touch / No touch.
    Such a binary options type implies a particular price index an asset either should or shouldn't touch during the indicated period. For instance, the gold price is 1585.90. An investor expects the price to rise to 1595.00. This price is indicated by a trader with an "In touch" position. During the indicated period the gold price reached 1597.00 but then decreased to 1583.88. A trader gets profit because the price touched the indicated line.
  3. Range / Boundary.
    Investors pick a certain range expecting the price to hold within that boundary. For instance, EUR/USD current rate is 1.102705. An investor needs to indicate low and high boundaries for that price. For instance, the highest boundary is defined as 1.103305 while the lowest is 1.102005. When the price is within those boundaries at the moment of time expiration, profit is obtained.

All types of options imply the necessity of having professional analysis and trading experience.
Which assets to select for investing?
There is a wide range of assets that are offered for investing in. Those are divided into three groups: trading pairs, shares and precious metals. While picking up those assets, an investor should understand that they have different volatility.

Referring to trading pairs that are frequently understood as the most popular among the traders, assets are influenced by different news.

Pairs with EUR are influenced by any news referring to the European countries (particularly Germany). GBP rates mostly depend on the situation in Great Britain, both political and economical. CAD is influenced by oil prices while AUD is interdependent with gold. NZD is highly dependent on weather conditions and the harvest.

Referring to shares, there exist numerous factors that affect prices: a company's news, legislature peculiarities, the general economic and political situation in the country.

NOTE! Pick up one asset for investing and try to understand mechanisms that influence the price. Investors who select several assets are often unable to follow all the necessary information and end up losing their funds.
The market schedule: when to trade binary options
Understanding what their option is; investors make deals with a broker while assets are purchased directly from the market. Thus, assets are available when the market is open. On weekends trading pairs are not available for investing.

Referring to shares, those are purchased within certain sessions. Our platform offers those assets from 15:33 till 21:00. On weekends, markets are closed as well.

At the same time traders suggest making deals on weekends using OTC (over the counter) assets. These are not purchased directly from the market: the rates are defined by a broker therefore OTC assets are considered to be the riskiest ones. On the other hand, fixed profits are about 96−97%.
How to start binary trading?
Using our platform, investors need to take some simple steps to start trading binary options:

  • Open an account and log into the system.
  • Customize your personal area to make the investing convenient for you.
  • Open a new asset in the upper menu (by clicking on '+').
  • Pick up 'Options' and then select 'Binary' to open the list of assets.
  • From the available assets, pick the one you are going to invest in.
  • Indicate the expiration time that varies from 1 minute to several hours or even days (till the end of a week).
  • Insert the amount of your investment ($1 minimum).
  • If you expect a price increase, click "Higher". If you expect a decrease, click "Lower".

Note! When you pick an expiration time, there are several important factors to be taken into account. Firstly, the profit depends directly on which period was selected. For instance, when selecting between 1 and 5 minutes, investors are likely to get 76% profit from a CBP/AUD pair, while other periods may yield just 72%. Moreover, the choice should depend on the binary option strategies an investor follows.
How to analyze the market
To understand the general market situation, investors need to define market trends. Those are either bearish (decreasing) or bullish (increasing). Moreover, the market may be in a flat position when the volatility is minimal.

Apart from important news, investors are expected to follow trading volumes and understand the market psychology in general. Bullish or bearish trends that are connected with high trading volumes indicate that further price movement is expected to be according to the trend.

Among the most useful analytical instruments for predicting further price movement are Fibonacci lines. Those lines are used for understanding whether the price is moving according to the trend or correction is observed. Fibonacci lines look like a network with certain indexes. Indexes from 0 to 100 mark the beginning and end of a trend.
Which strategies are suitable for binary trading?
Experienced investors use certain strategies for trading binaries. Those strategies may be linked with particular assets and periods. Among the most widespread ones are the following:

  1. Trading against the trend.
    Some investors are not interested in short-term volatility and trying to understand the general trend. When the price reaches its maximal positions, the reverse movement is expected. Fibonacci lines are widely used for defining the moment when the reverse movement is expected.
  2. News trading.
    Some important news influences asset prices significantly therefore investors may pick up a certain asset and then keep a check on news it depends on. This strategy is effective for long-term periods like 1 hour or even more. The news is expected to be reflected in prices.
  3. Envelope strategy.
    The Envelope strategy is highly appreciated by professional investors. Such a strategy is suitable for periods of 30 minutes while the candle time should be 3 minutes. Envelope Indicator and Moving Average instruments are used. The price should be out of the envelope boundary but the Moving Average should pass through the bullish candle to enter the market.

There are other widely used strategies for investing in binaries such as: Antiq, Vortex, Le Confort, etc.

Note! There exist no magic strategies and there is no 100% success warranty. Thus, success is mostly based on personal analysis and experience.

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The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

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