This feature enables you to manage the risks and return your investment before options expiration in a case of a wrong prediction.
Every people can not be 100% perfect every time. A mistake in binary trading may lead to money loss. IQ option trade offers best option to retrieve your money back before the options expiration. This pre-scheduled deal function allows you to close your deal anytime.
We have also written about IQ option review in our previous article.
You can cancel a trade within the first 3 seconds to sell the option back on the conditions offered. If you cancel the deal within the first 3 seconds after the option purchase, you receive the full amount of your investment back to your balance. Instantly.
If the asset price is moving in the “wrong” direction, the system will offer you to cut your losses by closing the deal before the expiration time. The selling price is calculated automatically. The formula considers historical volatility, deviation of the current quote rate from the quoted rate at the time of purchase and time left to the expiration.
This feature available on both desktop and mobile platform. It is not applicable to OTC trading.
You also can sell all your option at upper right corner as shown in below figure. IQ option always wishes you to make safe and profitable trading.
You can sell the option without waiting for the expiration time, and make a profit in advance with the successful deal. Your profit will be indicated in the closed deal window.
Just check this option at your IQ option demo account before make it on real. If you have any money withdrawal or deposit problem from IQ option then visit: How easy to withdraw money with IQ option!