Will IQ introduce its own Forex broker? Dmitry was very concerned about the issue. Did you try to get round the prohibition? It is still in progress now, but I strongly believe in it. However, I spend all my working time on IQ Option only. The probability of winning at casino games is always a constant value. Would you advice your friend to trade binary options with your company? Do you know that many schoolchildren forge a scanned copy of their passports or register accounts on behalf of their parents? Your employees are allowed to work with your platform as traders. It is not the illusion.
However, if to consider the efforts spent since the beginning till February 2016, then it is a very difficult task. Trading volume of the binary options market is not enough to set a global trend towards a proper behavior and honesty. It is not typical for casinos and betting providers, where much more money circulates. They are bad partners, which we must get rid of. As I said a year before, there will be competitors who will copy an interface of our platform and mechanism of its operation. This is the risk management policy of the company. We strive to provide it for every trader.
Why do currency pairs or various expiry times become unavailable in the platform on a regular basis? As it turned out, it was not so. We have had it up to here with them. Somebody predicts these prices better than others. Nobody will call him immediately after his registration and persuade him to deposit funds promising whole mountains of gold. In that case will block our access to the binary options business. Binary options are considered to be a game of luck and licensed through Gambling Commission. Though they are offended at our calling them by this name.
The industry is full of filth and fraud. What is the reason for it? There were several names of the company. My partner insisted on the idea, but when he saw the source code of the platform and other things, we gave up the idea. Watch the new video in our new platform: I am in favour of transparency. All of them are executives of our company. Maybe, some of our partners generate illegal website traffic. You can see a lot of personalities on our new website. What tasks would you like to solve with it? Though our initial risk management policy was immature and unpopular among traders. We look for professionals or people with fiery eyes.
What was the maximum amount of money lost by a trader at a time and for all the time? Did you become financially well off thanks to IQ Option? Where do you recruit your stuff? Cypriot company acts as counterparty to trades. When and how did you know about binary options? If this percentage value differs, we shall change a percentage rate of return on assets.
By the way, our company has been included on the register of this week. What is your assessment of competition in the given market? We saw very and very good clones of our software in October. It would be a shift in our focus. However, the regulator started to clear the market from such brokers more actively. If the right approach is applied, trading can be a huge world: analysis, news, gambling, intuition, and, of course, EMOTIONS. We monitor how much the system earns. What is a legal status of the company in Russian Federation? However, trading is a great thing.
Its license is just a nice advantage that helps to avoid a headache. These doorway pages still exist. We assembled an incredibly great team, and we shall be able to do much and much good for trading. As with Forex industry, there will be many players in the market. By the way, it is a negligible quantity as compared to our competitors. Honestly speaking, casino is a very interesting kind of business, but it is different. How many traders have used your platform over the entire history of IQ Option? Can a feature of changing a deposit currency be added without contacting a technical support department? Yes, we can do it very soon!
They can be still classified as a financial instrument, if a set of requirements is complied with. We cannot keep it under control. There is a very popular opinion that IQ always understates payout percentages for successful traders after they withdraw a certain amount of money. Do your managers attempt to trick clients out of bonuses and deposits? We are developing a project on the related subject that will be two times more effective. Will the platform get a feature of connecting to such account monitoring systems, like Myfxbook or Marketstat? By the way, Nasdaq is going to offer binary options trading next year. We went to USA recently and communicated with NADEX. In other words, we commit to providing excellent services by offering our software and customer support.
There are more fraudsters in the industry than, for example, in the Forex market, because it is easier to establish a brokerage company here. This is the risk management policy. What is your opinion about the harm done to the entire binary options industry by illegal methods of advertising binary options practiced by affiliates of binary companies? The principle of success is a focus. The problem is that there are a lot of features suggested by traders, and we are sorting them by importance. We are constantly dealing with the problem and having conflicts with them.
What is the purpose of registration of the LLC, which has such an impressive authorized capital of 100 million rubles? Statistically, most of traders lose their money. The true regulator is . However, I believe in the forces of good. June accumulated since February. NADEX or Cantor Exchange, be established in Europe some day? We develop software and provide support to our clients. They would better develop good software and services. How does your internal risk management system work? How do you think what a legal status of binary options will be in several years?
Under such conditions successful traders will take money out of unsuccessful ones, and we shall make money on trading volume. Business model of the broker will be demonstrated in the video. Is it worthwhile to call binary options a usual casino? The business model of our company will be implemented in the new version of the platform. You may use the platform, if you are over 18 years of age. However, traders were dissatisfied with it for obvious reasons. From a mathematics standpoint, binary options are certainly not a casino.
Thus, the interview was of great practical use. Why does the percentage rate of return on various currency pairs differ throughout a day? Will they become a legal derivative instrument? We practiced it very actively earlier. Will information about trade operations be exported in Excel format? Has somebody been granted a substantial supplement to his wage? Please read my previous answer.
Besides, we shall also widen our range of financial instruments a little and compete for the given market share. It is a source of personal pride, our mission and a reason for contrasting us to Israelis. There are numerous of examples, where it ignored complaints. We studied it very and very carefully and submitted requests to the Central Bank of Russia. Did you try to work with these services as a trader? However, it allows you customizing a robot instead of sitting in front of your computer. IQ Option opted out of fully packaged products from the start and designed its brand new product. THEY, but not the current leaders, will be our true competitors. It was a very interesting and a useful interview.
What are criteria for recruitments? Never mind: they will not be able to compete with us in the nearest future, when the new version of our platform releases. Google prohibits advertising binary options in contextually targeted ads intended for Russian audience. Although in general expenses are heavy, and you have to conclude agreements with banks, etc. EU to create an illusion of regulation? Taking into account the betting nature of your business: do you block a further access to your platform for a trader, if he has withdrawn a certain amount of money, which is considerable for IQ? We paid them for their license and attempted to create a website. However, it is not a substantial amount of money for that kind of people. We had to implement a great many restrictions imposed by the regulator, introduce a great deal of accounting procedures, freeze a good deal of money, etc.
We hold an opinion poll among traders every month. We have a total and a fair statistics of payouts to all traders. The superior bodies tell off for complaints, and , in turn, tells brokers off for these complaints. What is your opinion about the Forex law of the Russian Federation? Truly speaking, experiences a pressure for the reason that it regulates a great number of unreliable Forex and binary options brokers. We can see from the VERY big statistical data that price movements on binary options chart are predictable.
There is a trader, who won in a trade, and another trader, who lost in the trade, and a broker, who is always on the plus side. The idea was born in March 2013. Why does it happen mostly at nights? The EU works to license binary options as a real financial instrument with the use of MIFID directive. What period of time is it true for? How difficult and expensive is a process of establishing of your own binary options broker? They have been playing dirty and continue to play dirty. However, leaders will be well ahead of others.
Casino players, like binary options traders, lose their money and come back knowing that mathematics is not on their side. Any feature can be added, and we aspire to doing it. If to estimate efforts invested in creation of IQ Option Company in October 2013, then it was not difficult. You can see from it that traders raise good money. The feature is being tested right now, though. What major difficulties did you experience, while creating your own brokerage company: offices, employees, payment aggregator, and a possibility of legal work with citizens of EU and other countries? Do they practice other methods to convince people to put money in their accounts?
Our primary principle is not to lie. What is the idea behind the name? What is the minimum sum of money, for which this statement is true? The average winning rate of trades is 52. We shall most likely block the website traffic. Statistically, a binary options company is even more profitable than a statistically average casino. Did you try to solve this problem? They hold us as an example for other brokers, which traders filed complaints against them to . We were obtaining the license by during a year. After we had given up the policy, we only gained from it eventually.
In the EU binary options already have a status of a real financial instrument and are subject to the MIFID directive. It is a very hot topic. We often joke that somebody will get a reward on his deposit. What was the total payout to a trader since he has been using the platform? As for social media, I introduced penalties for advertisements promising whole mountains of gold, telling success stories, etc. When will the end of this disgrace come, if at all?
Are there those who are very close to the heels of your company? It is a usual limited liability company. Heh, I have to disclose our secret: we are developing a robot builder, which task is to analyze the market fairly based on the developed algorithm and open a trade or generate a signal. We work closely with . Until recently, binary options were considered as a financial instrument in Great Britain. The only way to solve the problem is to show a good example of doing business properly or withdraw from the dirty market. Why a level of advertisement of IQ services in social media and on websites is so low?
Do you know about that? Will many companies survive? VERY concerned with this issue. Why do you think it happens? Thank God, we gave up the practice long ago and now we make more money with no issues whatsoever. It is far from true. In fact, many of our employees are engaged in trading.
The difficulties included complaints to , carders, making up for the shortage of staff, internal problems of interaction between departments. However, the idea was disgusting for me from the very beginning. Thank you, Dmitry, for your time and answering all the questions. MetaTrader, TradingView, Netdania, etc. At the same time we are extending our stuff number. We reshuffled staff in our affiliate department, and I hope that we shall not see these doorway pages again. Will expiry times be optional or fixed? We took the decision at the moment, when we had been developing our own platform. What do you think about attracting and fooling clients through signals and signal services?
It is a very interesting project. The company will be a leader in binary options trading. How do you think what the binary options industry will be in several years? When and how an idea to establish IQ Option Company was born? You would better write to us what kind of analytics of your trades you want to see in the platform, and we shall certainly implement it. If not, why won t they be optional? Tiki: Ive had some, particularly n the Skype signal room days. Signal Hive and is a top performing binary options trader. Zio: How did you stumble upon Binary Options trading? Tiki: I want to improve my consistency, as well as my ITM to over 80 percent on a regular basis.
Zio: What would you improve in Signal Hive? At the same time, pursuing my role with BSB and Binary Options. Zio: What is your advice to any person thinking about entering Binary Options? Tiki: My ITM overall is just over 70 percent, but will vary up or down from week to week. Zio: You and Mr. You have had your fair share? Tiki: Like most traders in BSB, I was scammed good at my first few attempts at binary. This entry was posted in Interviews.
Zio: Where are you currently relative to where you want to be, performance wise, long term? Sake have an interesting rivalry building up, thoughts? Zio: Hi Tiki, can you tell us about your self? Tiki: Stumble is right. Zio: How do you deal with irate members? The honourable and worthy Mr Sake is bringing that out in me. Zio: What is your ITM? So after three years I stumbled upon BSB. Zio: What do you do at Signal Hive? Tiki: That they lose sometimes.
Tiki: Yes true, I do like a challenge, and rise to the occasion. What risks and opportunities do you see? Zio: What is your view on the current state of the industry? Tiki: Yes, I worked for myself most of my life, owning shops, and dealer with major communications networks. Zio: What is your style of trading?
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