IQ Option Tournaments
Tournaments IQ Option are tournaments on turbo options, in which each participant is credited a $1,000 tournament fund, and all traders are competing with each other for 30 minutes. The winner is the one whose balance is the biggest at the end of the tournament. At the end of the tournament there is a summary table with the results of the participants - the prize fund is distributed to the first 9 places. The number of participants is limited.
How to participate in tournaments on IQ Option?
1. Sign up for an account on IQ Option. (If you still do not know how to trade binary options, see instructions).
2. In your personal cabinet, go to "Tournaments" in the left menu.
3. Choose the tournament type: paid or free. Paid tournaments are held with the following conditions: $5 Buy-In; Rebuys: $5; Guaranteed prize pool - $500. Free tournament entrys: $0; Rebuys: $5; Guaranteed prize pool: $250.
Tournament Duration - 30 minutes.
4. Prior to the tournament you can view the list of participants and prize money. In a paid tournament the prize fund may be increased if the amount collected from registration fees exceeds $ 500.
5. At the time of the tournament, every participant will be credited with a $1,000 tournament balance. You can only buy more if your tournament balance is less than $1,000.
6. For the 30 minute duration of the tournament, you should trade as much as possible in order to increase the amount of your balance. The number of transactions is not limited.
7. At the end of the tournament you'll see the final table of results and the distribution of prize money among the participants, whomever took the first nine places.
Distribution of the prize fund in the paid tournament:
The free event:
8. Prizes are instantly credited to your real account.
Tournament - this is a great opportunity to compete with other traders and win $80 without risking anything (or $160 in a paid event).
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