Quotex Review

This article will examine in detail the Quotex online brokerage platform, which is growing in popularity. Is it safe and reliable? What are the features and tools of this trading platform ? These questions will be answered and we will give our opinion about this broker.

Quotex quick overview

(Risk Warning: Your capital can be at Risk)

What is Quotex?

Quotex is a digital options broker that lets you invest in over 400 assets like forex currency pairs, stocks, commodities and cryptocurrencies. This broker started its activity in 2019 under the company name of Awesomo Limited. Currently, it operat under the corporat name of Maxbit LLC, incorporated into the first floor, First St Vincent Bank LTD Building James Street, Kingstown St. Vincent and the Grenadine.

The quick facts about the offers:

• Minimum deposit $ 10
• Minimum trade amount $ 1
• Trade commodities, forex, cryptocurrencies and stock indices
• Trade yields up to 95%+
• Time limit for expiry: 60 seconds to 4 hours
• Bonuses up to 100%

(Risk Warning: Your capital can be at Risk)

This broker started providing these online brokerage services in 2019. Quotex.io mainly aims to provide a simple and enjoyable trading experience. It is a recognized, award-winning, transparent and intuitive digital option trading platform that has been developed by developers with over 10 years of experience.

Here are quick overview about Quotex.io

(Risk Warning: Your capital can be at Risk)

Trading Instruments

Quotex offers these clients the opportunity to trade on more than 400 Assets to allow both beginners and professionals to trade in the financial markets. With this broker you can trade stocks, forex currency pairs, metals, oil and gas and cryptocurrency trading. This binary options broker allows you to obtain a return on investment of up to 98% on a wide variety of assets.

Quotex allows you to speculate via digital options ranging in duration from 1 minute to 4 hours. You can also earn investment profits up to 98% of your investment if invested correctly. Just like most binary options brokers, you can start trading with minimum investment sizes of just $1. This minimum investment sum is suitable for the vast majority of traders.

• Currencies (forex)
• Cryptocurrencies
• Commodities
• Stock Indices
• (Weekend trading is possible via OTC)

Trading platform

On the trading platform side, Quotex allows you to trade many underlying assets via this online trading platform. At this broker, digital options refer to binary Up/Down options, offering fixed profit or loss based on upward or downward price movements for each investment.

Quotex.io is a completely web-based online trading platform and you don’t need any software like Metatrader 4 or any other trading platform to trade. Simply connect to it from any device with a web browser, such as a computer, smartphone or tablet.

Quotex is designed to be an easy to use, intuitive platform and offers many indicator options like Bollinger Bands, Ichimoku Cloud and over 9 other trend indicators are available. This broker also puts at your disposal 15 oscillators such as MACD or RSI.

On the platform, Chart options are located on the right side of your chart. You can also access market news and trading signals on the left side of your screen.

The following platforms can be used:

• Web Trading platform for a desktop computer or mobile devices
• Android mobile app (apk)
• iOS (iPhone), mobile app

(Risk Warning: Your capital can be at Risk)

Take a look at the Quotex trading platform:

How to open a trading account with Quotex

To register at Quotex , you will need your email address as well as a password. You can begin trading without verification.

If you need to withdraw large amounts of money or deposit them, the broker might ask you to upload your identification card. Open your personal menu, then click on “Account” to upload your documents. You can fill in the required fields by entering your name and address into the account menu. Click on “Upload Documents” to continue.

(Risk Warning: Your capital can be at Risk)

Types of trading accounts

Quotex offers a demo account for 10,000 USD which you can access free of charge. This allows you to practice trading, discover the features of the platform and evaluate your trading strategies without any risk.

Once you are ready to get down to business, you can switch to real trading mode with a minimum deposit of $10. This will allow you to trade in real money.

The Quotex broker allows you to choose from three types of account, in addition to the demo account. These types of trading accounts include:

• Demo Account
• Standard Accounts
• Pro Accounts
• VIP Accounts

Opening a standard account is done via a deposit of only $10. This will allow you to start trading with a small sum and is ideal for beginners.

Then you can upgrade to the pro account which will allow you to get more benefits like higher payouts. Pro accounts are available after a $1000 deposit on the platform.

Quotex also offers the possibility of opening a VIP account for experienced traders and those who want to get the full potential of this trading platform. To open a VIP account, you must deposit a minimum of $5000.

Demo account

Like most serious brokers, Quotex offers the possibility to test the platform and trade risk-free before starting to trade in real money.

Demo accounts are a great way to get started in trading, especially for beginners. Professional traders can also take advantage of it to improve their trading skills or test trading strategies without the associated risk.

The quotex demo account is completely free and offers up to $10,000 in virtual balance. The demo account can be recharged at any time. You can then switch between demo and real accounts by simply clicking on the menu.

For those who want to know more about the trading platform and its features, it is recommended to start with a free demo account. Then when you feel ready to trade in real money you can start trading with a deposit of just $10.

(Risk Warning: Your capital can be at Risk)

Deposit and withdrawal

Quotex allows you to deposit and withdraw your money via many payment methods. This broker accepts withdrawals and payments with Visa and MasterCard cards, electronic wallets such as Neteller, Skrill and WebMoney as well as cryptocurrencies such as bitcoin or stablecoins such as USDT.

All deposits and withdrawals are free of charge. However, some payment methods may charge fees that are not charged by Quotex, but by the payment provider itself.

Withdrawals and deposits on the platform are processed fairly quickly in general and are made to the same source as the initial deposit. To receive payment from another source, this payment source must also be verified.

The payment methods provided are not the same in all countries. However, you can use crypto payments as they are accepted in most countries.

Bonuses and promo codes

Quotex is one of the rare brokers offering bonuses and promo codes to these users. Generally, this broker offers a bonus of 30% to 50% on your first deposit. You can also use our special promo code to benefit from additional bonuses.

(Risk Warning: Your capital can be at Risk)

Signals and Copy Trading

Quotex.io also offers trading signals as a special offer. This is also known as “copy trading”. The section with “signals” is located on the left side menu.

You might be able to make a lot of money trading on the platform if you pay attention to the signals. The trade duration and asset are visible. There is no strategy or description of the trades. It is not clear why the signal shows up or down. You don’t know why it shows an up or down signal. This is possible because of technical analysis. However, I find the signals not easy to understand but they are a great offer for new traders.

Support and customer service

Quotex provides 24/7 customer service in more languages than 20. Support is available in English and Spanish as well as France, India, Spanish, Spanish, and many other languages.

Quotex doesn’t offer phone support, which is a slight disadvantage. You can only contact the broker via live chat and ticket support (email).

• Multiple languages
• Live-Chat 24/7
• Email and ticket-support
• No phone support

(Risk Warning: Your capital can be at Risk)

FAQ and Education material

It is important to learn how binary options trading works and who your broker is. You shouldn’t expect to make a lot of money your first few days or weeks as a binary option trader.

Quotex has an educational section on its website that you can use. The FAQ contains all information you need about the broker and the web trading platform. 

Quotex Review conclusion:

Quotex is a trusted binary options broker that allows traders of all skill levels to trade digital options across a wide range of underlying assets.

This trading platform stands out mainly thanks to its ease of use while integrating advanced analysis tools. This allows traders from all over the world to trade in over 400 different assets in the digital options market. It is above all a trading platform that combines modernity, transparency and intuitiveness. this platform is one of the best options for trading binary options in the best conditions. Quotex.io also offers a free demo account, allowing you to see for yourself and without risk, why this broker is one of the best on the market.

(Risk Warning: Your capital can be at Risk)