IQ Option tournament

We are sure that many of you wanted to earn even more on binary options, while risking your capital less and less. Isn't it? It is for such traders that the IQ Option broker holds its tournaments on a regular basis.

What is IQ Option tournaments?

IQ Option tournaments are binary options tournaments in which each participant is credited with a virtual amount to a special tournament account, and traders compete with each other for a certain time. The winner is the trader whose balance at the end of the tournament will be the largest. At the end of the tournament, a final table with the results of the participants appears - the prize fund is distributed among the first few participants. The number of participants is not limited.

It should be clarified that as soon as the tournament starts, each participant registered in the tournament, in addition to the demo and real account, also has a “tournament account”. A certain amount, equal for all traders, is automatically charged to it. Initial conditions being equal. It could be $100 or it could be $10,000. It all depends on the conditions of the competition. 

During the tournament, all trading is carried out only on this account, and the goal of each trader is to make as many successful transactions as possible and, as a result, have the largest possible balance on the tournament IQ Option account. If, according to the terms of the tournament, the prize fund will be distributed among the first 10 participants with the largest balance, then your goal is to get into these 10 people. This is an opportunity to gain trading skills while avoiding high risk to lose money and with the opportunity to win money!

How to take part in the IQ Option tournament?

Every trader can take part in common tournaments. Follow just a few steps and you are a participant in the tournament! Try to compete for the first place among other traders!

A unique feature of tournaments from IQ Option is that any trader can register right during its passage, and also, if the balance of the tournament account has fallen below the initial balance, and the tournament time has not yet expired, then pay for your participation again, and the balance again will be updated (this is called a rebuy).

Registration

1. Log in to your personal account in the application. If you don't have it yet, then register on the IQ Option platform. You can use the form below for this. Enter your e-mail and password and confirm the registration through a letter in your mail.

2. Top up your real account. Minimum deposit $10. From these funds you can pay for participation in the tournament.

If you still don’t know how to trade binary options, then after registration, be sure to watch the training videos on the trading platform and practice on a free demo account- you will succeed! Binary options trading are chosen by many beginners precisely for their simplicity.

3. In your personal account, go to the Tournaments section in the menu on the left.

4. Select a tournament.In this section you can join current and upcoming tournaments. You can also find information about past trading tournaments. Perhaps you will see special tournaments that are dedicated to any holiday or event. For example Helloween Tournament or a tournament dedicated to the football championship.

5. You can join an ongoing competition or register for a future tournament using the orange “Get Registered” button. Then pay the entry fee.

6. For the duration of the tournament, you will have a tournament account, to which a certain amount of money will already be credited, for example, $1000. If during the tournament the balance drops below $1000, then the player is entitled to “rebuy” - these are additional tournament funds that you can buy with your real account and continue to compete. The cost of a rebuy is specified in the terms and conditions and is usually equal to the amount of participation in the tournament, which is approximately $2 - $10. The rebuy amounts are summed up and added to the tournament prize pool. The number of rebuys is usually unlimited.

7. While the tournament is running, you must maximize the amount on the current balance. There is no limit to the number of deals and their amount.

8. At the end of the tournament, a table will appear with the results and the distribution of the prize fund among the participants who took first places.

9. If you become one of the leaders of the tournament and are among the winners, then a few minutes after the end of the tournament and fixing the results, the prize amount will be credited to your real account as a real funds.

Before the start of the tournament, a list of participants is formed, the conditions and the prize fund are announced. Check out this information and don't miss the beginning! Participate and win, everyone can do it!

Rules 

In general, the conditions for participating in tournaments are always transparent and simple, but nevertheless, it is worth dwelling on some points in more detail in order to avoid questions.

Pay the participation fee 

Tournaments can be paid and free. You pay nothing to participate in free tournaments. You just need to register as a member. Paid tournaments don't cost that much, usually a comfortable amount for any trader. Depending on the type of tournament, the cost can be from $1 to $10. At the same time, for such little real money, you get a chance to win hundreds and even thousands of profits on your real account. The money each participant is summed up and then part of this money, usually 50-80% is added to the prize pool.

Cannot withdraw tournament money

As already mentioned, a certain amount will be credited to your tournament account for making transactions within the tournament. As a rule it is $100/$1000/$10000. Please note that this amount cannot be withdrawn or used for real trades. It is needed only for trading in the tournament. After the start of the tournament, make as many successful deals as possible and increase your balance!

Trading binary or digital options 

The tournament can only be traded using binary options and digital options. Therefore, if you are not familiar with this tool, be sure to practice.

In fact, everything is simple. You choose an asset and make a prediction about its value in the future. For example, if the expiration time is 1 minute, then you make one of two possible predictions: in 1 minute the price of this asset will rise or fall. You also specify the amount of the transaction. If your prediction turns out to be correct in a minute, then you will receive your bet and a percentage of profit on your account.

During the tournament, you can choose to trade any of the available assets. The platform also provides technical analysis capabilities, namely the graphical tools and indicators needed for asset analysis.

Winners are determined by tournament balance 

The largest possible tournament balance by the end of the tournament is the goal of each participant. The higher your balance, the higher you will be in the standings, and the higher your chance of picking up the main prize. It will be credited to your real account and you can then withdraw this money or open real transactions on them

Prize fund will be distributed according to the rules 

Tournaments usually do not last long, a few days, but there are tournaments that last a month. After their completion, tables with winners are formed. It contains the names of the tournament participants and the total amount on their tournament account. The table is sorted in descending order of the amount on the account. Thus, the one with the most on the account is the first in the table and so on.

Funds won can be withdrawn 

The prize in tournaments is cash. As soon as the tournament ends, the system needs just a couple of minutes to distribute the funds among the winners. The cash prize will be credited to your real account and you can then withdraw it in a convenient way for you. You can also invest money in future deals.

Prizes 

Each time the prize fund may be different. it could be $1500 or it could be $10000. If, according to the conditions, the prize fund, for example $5000, must be divided among 10 participants, then this means that the first 10 traders with the largest balance will share $5000 among themselves. But not equally, but in proportion to the amount in the account.

Usually the tournament prize is credited to the trader's real account instantly, but in some cases it can take from several minutes to an hour. IQ Option contests are a great opportunity even for beginners in trading to earn good money, improve their skills, master trading skills and skills in the process of making transactions. Such tournaments continue to attract many traders and have earned popularity and respect among experienced players.

Tournaments open wide horizons for beginners. They get a chance to earn money without investments, get a wide range of necessary knowledge and skills, trading experience, and train.

Leaderboard 

The tournament table is formed immediately at the beginning of the competition and during the entire tournament you can watch how the position of the participants in it changes/ This shows how much money the participants have in their account and who is in the lead. Thus, you can always be aware of the progress of the IQOption tournament and analyze your position.

There are always several winners in the leaderboard. Depending on the conditions of the IQ Option tournament, this can be from 5 to 30 people. That is, several people win in one competition. Thus, you can earn much more for a few dollars than for a whole day of trading.

The top traders are randomly selected before the start of the tournament. Once the tournament starts and the participants start trading, the people on the list will be sorted according to their tournament account balance. You can also get acquainted with the prize tables of past contests and analyze how the places are distributed. For example, you can view several past competitions, compare the results of the leaders and you will understand how much the leading traders have in their account. This may help you in your strategy.

Types 

IQ Option holds both regular and unique tournaments with large prize pools. Let's take a few tournaments as an example.

72 hours 

Participants receive $100 each. The $5,000 prize is distributed among the first 15 participants with the largest balance. 50% of the entry fee of traders is transferred to the prize pool.

• Tournament term - 3 days
• Prize fund - $5,000
• Participation - $2
• Rebuy cost - $2

Binary Boss 

Each trader receives $10,000 to compete. 80% of your entry fee is transferred to the prize pool. More than 1400 traders took part in the last tournament.

• Tournament term - 1 month
• Prize fund - $50,000
• Participation - $20
• Rebuy cost - $20

Market Pulse 

Each trader is given a $100 tournament account. 80% of all entry fees are transferred to the prize pool. You can use the rebuy feature throughout the tournament. The prize fund will be divided among the top 30 participants.

• Tournament term- 21 days
• Prize fund - $10,000
• Participation - $10
• Rebuy cost - $10

Salary in a day

Each participant receives $100 for tournament trading. 75% of your entry fee is transferred to the prize pool. The $3,000 fund is distributed among the first 9 participants with the largest balance.

• Tournament term - 1 day
• Prize fund - $3,000
• Participation -$4
• Rebuy cost - $4

Big, Bad, Binary 

In the last tournament, the prize pool was over $20,000, it was divided between the 15 participants with the largest amounts in their accounts. 80% of the entry fee is transferred to the prize pool.

• Tournament term -12 days
• Prize fund - is formed from contributions
• Participation - $5
• Rebuy cost -  $5

Big Racket Tournament 

Each trader is given a $100 account. 75% of your entry fee is transferred to the prize pool. The prize fund will be divided among the first 15 participants with the best balance.

• Tournament term - 5 days
• Prize fund - $11,442
• Participation - $4
• Rebuy cost - $4

Spooky Tournament 

Each trader is credited to the tournament account with $100. 50% of the entrance fee of each participant is transferred to the general fund. The prize fund will be divided among the first 13 participants with the largest balance. According to the results of the competition, the best trader has a balance of more than $16,000 and won $260.

• Tournament term - 3 days
• Prize fund - $1 300
• Participation - $2
• Rebuy cost- $2

Big Catch

In one of the latest Big Catch tournaments, the prize pool was over $134,000. It was divided among the top 30 traders who traded for a whole month. In fact, there is no need for the whole month to make transactions every day for several hours a day. Sometimes it is enough to make just a few successful deals and become a leader. 80% of entry fees are transferred to the prize pool.

• Tournament term - 1 month
• Prize fund - is formed from contributions
• Participation - $20
• Rebuy cost - $20

IQ Launch 

$100 is credited to the tournament account. The fund is distributed among the 30 participants with the largest balance at the end of the competition. 75% of your entry fee is transferred to the prize pool.

• Tournament term - 7 days
• Prize fund - $10,000
• Participation - $4
• Rebuy cost - $4

Trick or trade 

One of the special tournaments held in honor of the Halloween holiday. It is free and paid.

• Tournament term - 15 days
• Prize fund - $15,000
• Participation - $4
• Rebuy cost - $4

and

• Tournament term - 15 days
• Prize fund - $2000
• Cost of participation - free of charge

Weekend Treat 

The money for each participant is the same amount: $100. The fund is distributed among the first 5 participants with the largest balance. 75% of your entry fee is transferred to the prize pool.

• Tournament term - 2 days
• Prize fund - $1 500
• Participation - $2
• Rebuy cost - $2

IQ OPTION Football Championship 2022 

One of the special tournaments that was held in honor of the Football Championship 2022. It lasted 17 days and the number of participants was more than 1900 people! Each was initially charged $100. The biggest prize went to the trader who increased his tournament balance to $28,045.59.

• Tournament term - 17 days
• Prize fund - $5.871
• Participation - $4
• Rebuy cost - $4

Diwali Blast Tournament 2022

Each gets $100. The fund is distributed among the 15 traders with the largest balance. 50% of the entry fee is transferred to the prize pool.

• Tournament term - 12 days
• Prize fund - $1500
• Participation - $5
• Rebuy cost - $5

Next Level Mid-Year Battle 2022

Each participant is provided with a tournament account for $100 deals. The $5,000 prize will be split among the first 21 players with the highest balances.

• Tournament term - 14 days
• Prize Pool - $5,000
• Participation - $2
• Rebuy cost - $2

September Tournament 

Each participant is provided with a $10,000 USD tournament account. 80% of your entry fee is transferred to the prize pool. The $30,000 prize will be split among the first 30 players with the highest balances.

• Tournament term - 1 Month
• Prize Pool - $30,000
• Rebuy cost - $10
• Participation Fee - $10

Vande Mataram Tournament 2022 

Everyone opens a tournament account for $100 dollars in transactions. 50% of the trader's entry fee is transferred to the prize pool. The $2,000 prize will be split among the first 15 players with the highest balances.

• Tournament term - 6 Days
• Prize Pool - $2,000
• Rebuy cost - $2
• Participation - $2

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