Being a trader puts you in the position of constantly making decisions. And whether you are a novice trader, or a trader with experience — choosing the right instrument plays a vital role in your ability to receive satisfactory results. If you consider the difficulty of knowing when to open and close the deal — not to mention the potential losses that could occur by making the wrong decision — it’s clear that you need to get things right from the start.
The question is, how do you choose such an instrument that is likely to suit you as a trader, meet your expectations, and mitigate those unaffordable risks you’re not willing to take? Read on to get the tips.

Know your limits, understand the costs
Simply looking at the commission for a given instrument is not helpful. Here is what you need to know:
- You need to understand the size of the spread, which is the difference between the opening and the closing price for the asset for the given moment. For example, major currency pairs on Forex would tend to have lower spreads than exotic ones.
- Using leverage to multiply your own investment may be beneficial; however, it often implies an overnight fee. It is imposed at the end of the trading session, while your position is rolled over to another day. More than that, leverage can multiply your losses as well.
- You also need to know, under which conditions the trade will close automatically, so you won’t be surprised if it happens. The auto close function, which may be found in many instruments, should be used with caution and deep understanding of its core principles.
Choose the right instruments
One of the most common mistakes a prospective trader can make is investing in an instrument just because it’s on the top of a trading list. Fit to your character and trading preferences is crucially important.
If you are patient enough to make a long-term investment, and if you have no possibility to routinely spend hours monitoring the deals, choose an instrument with which you will be likely to have payouts, while focusing mainly on economic news of the greater scale. Use Stop Loss and Take Profit controls and save some time for yourself.

On the other hand, if you would rather perform quick trades with fast outcomes — choose an instrument that meets your demands. Should you choose an instrument centered around a highly volatile asset, be ready to take quick and timely actions, while keeping a constant eye on news and signals. Here, you will face an acute necessity for deep understanding of technical analysis.
Practice matters
Make the most of those free features provided on the platform — especially the practice account. Investing virtual funds doesn’t hurt the pocketbook and allows you to feel at ease in trading. Satisfy your curiosity by comparing various instruments and picking out the ones that tend to provide greater returns. Work out a successful strategy, which brings those returns, and stick with it once you move to the real balance. You should refrain from using any financial instrument for trading on the real balance, until you have acquired sufficient knowledge and familiarity with its characteristics.
And lastly, remember that investing your money is an easy part. Making the most of it is the hard part. Traders spend way too much energy worrying about how to make a deposit and start trading quickly, and not nearly enough focusing on how to take full advantage of the numerous instruments and tools for analysis we offer on the platform.
Start trading
Sir vasiliy;
Thanks your advice for traders.I think that good opinion for every traders.
Asanka.
Thank you so much for the nice words, dear Asanka! Your satisfaction is our reward!
Thanks for the awesome and profounned word that you’ve share. More power
Hello Dear, thank you so much for your feedback.
We try to do our best and to provide you with the right information. Let us know if you have something to add. Good day.
I am waiting you trading profit plz send me my easipasy. Q
Hello Muhammad!
We are unsure if we understood your question, can you please rephrase the sentence?
Totally frad game total money loss no income completely loss
Hello! We are sorry if you believe so. We are not a scam but a genuine app. If you have any issue / question which makes you believe that the app is a scam then please do not hesitate to contact our support team at support@iqoption.com and they will check it for you.
THANK YOU SO MUCH
You’re so welcome 🙂
Totally frad game total money loss no income completely loss
Hello, we are not fraud, we are an online trading platform, we do not guarantee profit or loss. It depends on how you trade. You are welcome to use the practice account to understand how it works. In case of questions, do not hesitate to write to us at support@iqoption.com.
I lose it permanently and I feel it’s on purpose
We’re sorry trading turned out to be unprofitable for you, Adel. Please note that intuitive trading often leads to unsatisfactory results. That’s why it’s important to analyze the chart and check different trading patterns.
Maybe your trading approach isn’t working, please, consider using a different one. You can also open a free demo account to train.
Thnaks for providing us a much batter platform where we trade in many categories at one time.
Thanks for the feedback, Ravi! Have the ultimate trading experience!
my acount is currentlt on review, i dont know why i can’t withdraw my money until the review is over, but they are not telling me the exact time when it will be finished, please tell me what to do with that???
Hello Arslan, we understand your point here, however, verification is important and is done to ensure to safety on the platform, we request your patience and understanding for that and once it is done, you will be able to continue without any issues.
Had been trying to withdraw using skrill but it doesnt go through considering its the same option i used to deposite money with.
Hello! We are so sorry that you had to face such inconvenience.
Can you please contact our support at support@iqoption.com as we can not check the problem here on social media.
We thank you for your cooperation.
Had been trying to withdraw using skrill but it doesnt go through considering its the same option i used to deposite money with.
Good evening, Mohamed! We highly regret the inconvenience. Please shoot us a message at support@iqoption.com so we can discuss the details. We’ll be more than happy to assist you.
Thank you🤝