IQ Trading Engine Support Center
1. What is the IQ Trading Engine?
The IQ Trading Engine is a next-generation trading automation platform powered by artificial intelligence. It simplifies trading by automating the creation, backtesting, and deployment of trading strategies and bots across crypto, forex, indices, and stock markets.
2. How does the IQ Trading Engine platform work?
The platform integrates with exchanges via API keys, enabling users to design and deploy trading bots. Using AI, it automatically researches, optimizes, and backtests strategies, allowing users to focus on selecting key parameters like trading pairs and timeframes.
3. What is the IQ Trading Engine Token (IQTE)?
IQTE is a BEP-20 token on Binance Smart Chain, serving as the core of the IQ Trade ecosystem. It is used for accessing platform services, paying success fees, and unlocking additional features through staking.
4. What are the staking options available?
The IQ Trading Engine offers staking rewards of 5% APY for users who lock their IQT tokens for 365 days. Staking also determines the number of bots and features accessible on the platform.
5. What packages are available for bot access?
The IQ Trading Engine provides six packages ranging from the Starter Package (1 bot) to the Professional Investor Package (500 bots). Each package requires a different level of token staking based on the user’s trading needs.
6. How are success fees calculated?
Success fees range from 5% to 20%, depending on the user’s account balance. Fees are charged only on new capital gains and are paid in IQT tokens from the user’s platform wallet.
7. What markets does the IQ Trading Engine support?
Initially focused on crypto, IQ Trading Engine is expanding to support forex, indices, and stock markets. The platform is compatible with major exchanges like OKX, Binance, and Bybit, and integrates seamlessly with MetaTrader 5.
8. How does the IQ Trading Engine ensure the security of user funds?
The IQ Trading Engine does not hold user funds. All transactions occur directly through the user’s exchange accounts via secure API integrations.
9. What is the token burn mechanism?
The IQ Trading Engine implements a dual token burn mechanism:
- Success Fees Burn: 10% of collected success fees are burned after each profitable trade.
- Quarterly Revenue Burn: 5% of quarterly revenue is used to buy back and burn IQT tokens, reducing supply and increasing scarcity.
10. How does the IQ Trading Engine benefit retail traders?
The IQ Trading Engine democratizes access to advanced trading tools by leveraging AI to level the playing field. Retail traders gain access to sophisticated strategies, automated bots, and analytics that were previously limited to institutional investors.
