Quotex Review
- High Payouts
- No deposit or withdrawal fee
- Free Demo Account available
- Diversified trading products
- Diversified accounts, classified by investors
- Low Minimum Deposit Requirement
- Comfortable Platform
- Friendly and professional support
- Chatbox and support staff are available 24/7
- Platforms: Web, Binary Platform
Point Summary
Introduction
Quotex is a brand new trading platform that was founded in 2020 that allows traders to take advantage of the market to trade multiple assets such as Binary Options, Cryptocurrencies, Commodities, and Indices, this broker is owned by Awesomo LTD with the following Address: Suite 1, Second Floor, Sound Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles ID: 221042.
This broker is growing in numbers since the start of the year with over 4 million traders around the world, and over 100,000 trades per day have been recorded! Quotex accepts trader exactly from 249 countries that means from worldwide without any country restrictions, however, this broker is not available for persons under 18 years of age
Quotex is based on Seychelles and regulated by IFMRRC ( International Financial Market Relations Regulation Center ).
Why choose Quotex
This platform claims to be more than a project provided to traders. Their objective transcends, as they have advanced financial instruments so that as many people as possible can develop their financial and business skills.
When you invest in a Quotex broker you can select from the more than 400 assets that are available for digital trading:
• Currencies: You can choose more than 40 currency types.
• Cryptocurrencies: The main cryptocurrencies that lead the market: Bitcoin, Ethereum, Litecoin, and Ripple.
• Indices: Dow Jones, SP500, and other leading exchanges.
• Raw materials and precious metals: Oil, gold, silver, etc.
With Quotex broker you will receive one of the highest payments in the industry, being able to achieve up to 95% more, after performing a trade on Quotex binary trading with a positive result.
So far, Quotex binary trading is only short-term, from at least one minute to four hours. This is like other brokers, as they offer the same times. However, the company is working on offering longer operations to be even more competitive and continues to be one of the first user options.
Trading Platform
When it comes to the platform, in my honest opinion Quotex leads the most responsive, user-friendly, well structured, and fastest platform that I tried/traded on since my experience through trading!
The platform is very easy to understand as everything is clean and clear in front of the trader, first of all, this platform is based on a web application so there is no download required, second its fully customizable according to your taste, and finally easy access to every feature in one-click!
How it works?
Pretty Simple, To kickstart your trading with quotex you only need to follow down bellow step-by-step guide:
- Signup at Quotex Here.
- Select your Demo Account or Live Account.
- Select your favorite asset.
- Make your technical analysis using Quotex tools.
- Predict the next move of the price “UP” Direction or “DOWN” Direction
- Select your desired amount.
- Take your Trade.
- Profit.
Charting
The chart is the important thing where the operations and deals are set, first, and as we said that quotex broker is the only and unique broker that owns a fast chart and good servers to take deals on it without any delay. including charting tools such as:
- Drawing Tools: Quotex owns over 20 different drawing tools to help each trader to make his/her own analysis through the market with fast deploy on the chart!
- Candlesticks Timeframes: This broker can go from 5 secondes candlesticks bodys up to 1 day candlesticks bodys
- Chart Types: This platform put for everyone the ability to change the chart to any of the following types such as “AREA”, “Candlesticks” “Bars” and finally “Heiken-Ashi”
- Technical Indicators: Over 20 indicators that are ready to be used for your trades including the most famous indicators such as “RSI”, “Stochastic Oscillator”, “CCI”, and more to discover.
Trading Box Information
In Quotex Trading App, we have the benefit to make trades with our technical analysis, and we’ve made general information about this box down below! note that this info’s are based on a single trade
| Expiration Time | 1 Minutes - 4 Hours |
| Investment Size | ($1 USD - $1,000) or (1% - 10%) |
| UP / DOWN | Trade Direction |
| Payout | Expected Profit + Investment Size |
| Trades | Open Trades + Closed Trades ( Trading History ) |
Withdrawal and Deposits
Quotex is a platform that accepts a minimum amount of $10. They have two investment accounts; the demo and live account. You can cash in using WebMoney, Skrill, QIWI, and Yandex. These are also the same methods that you will use to withdraw money.
Quotex is giving the opportunity to deposit and withdraw via multiple methods depending on each country including the most popular and used payment methods through the binary options brokers that are Bank Cards, Cryptocurrencies, E-wallets and wire transfer!
However, to access to the deposit section you must click on “+Deposit” on the main interface of quotex platform, then you choose your payment gateway, in the other hand for withdrawal you can only withdraw via the deposit method used.
Funding General Informations
| Minimum Deposit | $10 / €10 / $10 ₿ / £10 |
| Minimum Withdrawal | $10 / €10 / $10 ₿ / £10 |
| Deposit Methods | Bank Cards / Cryptocurrencies / E-Wallets |
| Fees | 0% |
Note: Before doing any withdrawal we suggest and recommend verifying your account pieces of information and make sure to use correct personal data to not get conflict afterward.
Quotex Demo account
If you do not how to use the platform, QUOTEX offers a special service called DEMO ACCOUNT.
The Demo Account is a completely free demo account, which allows the user to develop trading skills and experiment a little with the asset they want to choose.
It is the best way to polish your knowledge, ideal for both beginner and experienced traders who want to increase their professional level in the area.
The Demo Account offers an imaginary balance equivalent to $10,000 as proof.
After rehearsing with the Demo Account, you switch to using a Real Account to practice everything you have learned.
The results will surprise you. You probably want to know how to open Quotex trading account.
How to open a Quotex trading account
Accessing Quotex is very easy. Here is how to open Quotex trading account:
Once you select the Registration option, you must provide the following data:
- First and last name.
- An updated email address.
- Phone number, including international code.
- Custom password to log into the system. It should be highly complex. Ideally, use uppercase, lowercase, and other special characters.
After filling the questionnaire, you must select how you want to deposit into the trading account.
How to set up your Quotex account
After registering. You can sign into your account with you username and password. Once you are inside the platform, you must select:
- An asset: the percentage of return on investment is up to 98% when winning the trade.
- Operation time: this ranges from 1 minute, up to a maximum of four hours.
- Amount of investment: the capital you want to invest in the market position.
- Up or down: depending on the direction in which the asset price moves in the selected time frame.
After selecting the asset, the platform displays a live behavior, where you can see the data on different graphs of the asset in an understood time ranging from five seconds to 24 hours.
Account Verification
Is it required for traders that are using this broker to verify their identity using a passport or driver’s license or national identity card ( Latin words ) to avoid conflicts and problems while doing withdrawals!
Using your bank card will require to make verification to prove your card ownership ( routine check known as fraud checking ) for more security for the members/traders that are using quotex platform!
Account Types
Quotex provides a free $10,000 demo account for practice and live account for every trader who signup as default, in addition, this platform beat the odds and put 3 account levels for every trader like the following:- Basic Account: Basic Payout up to 85% in all available assets
- PRO Account: +2% on all available assets
- VIP Account: +4% on all available assets
Bonuses
When it comes to bonuses, quotex is leading the brokers who allow the trader to benefit from various bonuses, and it’s an advantage that quotex has! so to activate a bonus! you can benefit from a welcome bonus here to get 30% on your first deposit
Quotex App Features
Once we talk about features! we talk about what can this broker gives you as additional than the other brokers? well Quotex is making binary options trading easier with its features such as:
- Pair Information: First, Reading the pieces of information concerning the asset before starting your trading is an obligation that each broker needs to view! For Example, Let’s take AUD/JPY (OTC) as our trading pair!
- Trading Signals: A trading signal is not a direct instruction to trade, but an analyst recommendation. Quotex provides the best quality trading signals for the available instruments, however, we can’t use these signals as our primary entry as it does not replace our technical analysis
- Exchange Form: This platform uses an amazing feature to allow the traders to switch at anytime their main currency to another one within few clicks without any exchange fees! in my honest opinion, this feature has never been used by other brokers!
Costumer’s reviews
To get started in the world of digital trading this seems to be a good alternative. Costumer´s reviews are diverse, but most are very satisfied with the results.Quotex reviews show that this platform is easy to use and offers virtually no risk to its customers. This broker has the option to trade without any risk, choosing a demo account.
Quotex has a free demo account to develop new financial and business skills. This demo account allows you to make risk-free negotiations with actual operations, in real-time with actual results.
You will be able to trade in this way without having more capital, so you can reduce risks and feel safer. This is one of the main advantages because, with only 10 USD, you can trade in different currencies.
Support Team
The broker offer multiple customer support service. However it comes as livechat, email and phone calls. The agents are online 24/7 with immediate response.
[email protected]
Trading operations questions
[email protected]
Financial issues
[email protected]
Technical support
Note : Sometimes the support agents get saturated by traders tickets and full queue and takes a bit of time to respond to your query.
Quotex Social networks
| Twitter account: | https://twitter.com/quotex_ |
| Facebook account: | https://www.facebook.com/ |
| YouTube account: | https://www.youtube.com/ |
| Instagram: | https://www.instagram.com/ |
Is Quotex Regulated and Safe?
Quotex broker is legit and regulated, since it operates under awesomo. Because Awesomo Limited is regulated by IFMRRC (License number TSRF RU 0395 AA V0161). However their platform address is verified with exect location. Therefore no need to fear about the broker’s regulation.Conclusion
Quotex is a binary options trading platform known also as digital options trading platform with a fast, responsive, and user-friendly interface without any country restriction that can suit every trade with a possibility to customize every single part of the chart, in addition of the drawing and indicators tools and motivating payout! I found this broker with a good potential to try and stick with it! Feel free to comment on your experience with Quotex.
