The Quotex platform is an easy-to-use tool for those looking to use the binary options broker. Ever since its inception in 2020, it provides multiple indicators, signals, and simulated trading. They also have a holistic customer support system along with a great welcome bonus.
This Quotex broker review will give you a complete idea of how to use the trading platform, withdraw and deposit money, and make the best use of this broker. With powerful tools and several digital products, Quotex is definitely a great choice.
Quotex is owned and operated by Seychelles-based Awesomo Ltd. It is regulated by the International Financial Markets Regulatory Center, also known as the IFMRRC. This agency ensures that customers are reimbursed even if the broker faces license violations or is unable to pay for some reason.
Using the Quotex Platform
Quotex offers a web platform for all users and a mobile app for Android users. Clients who access the web platform will have to go through the login portal. Once this is done, you can move on to select an asset to trade-in. The tools provided display up to 98% return on your investment if you make a trade. You can also shift through 14 different time frames ranging from 1 second to 4 hours. This aids multiple time frame analysis, helping you make better trading decisions.
Placing Your Trade
Placing a trade with Quotex is fairly simple
- Select the asset you wish to trade in
- The real-time price list is displayed
- You can view the charts in multiple time frames, along with 9 indicators and 15 drawing tools to aid prediction
- Enter the amount of capital you wish to invest
- Pick “Up” or “Down” as per the direction predicted
With Quotex, you can use your own strategy, replicate the most successful strategies, and see the top 20 traders of the day. In addition, you can also make use of the analyst recommendations, length, and more.
The Quotex Interface
The interface of the web platform is both user-friendly and easy to learn. The right blend of customizable features and readily available trading elements and indicators make it right for beginners and experienced professional traders. This makes Quotex traders well-adjusted to trade in over 410 trading options. This includes
- 27 currency pairs
- Crypto tokens like LTC, BTC, ETH and Ripple
- 15 major stock exchanges
- Commodities like gold, silver oil and energy sources
Withdrawals and Deposits
Quotex platform offers a minimum deposit of $10, and a minimum withdrawal amount for $10, with the minimum requirement at $50 for Bitcoin. Residents of the US, Canada, Hong Kong, and Germany have their payment options limited to cryptocurrency. Sellers can open their accounts in these regions. Other methods of deposits and withdrawals include Visa, MasterCard, and e-payment. Withdrawals take 1 to 5 business days to be processed.
Trading with Quotex
Quotex makes trading simple. You can make use of a free demo account with 10,000USD to try out new strategies, make use of indicators and come up with a plan without trading for real money.
There are also free signals available for the binary options in 49 trading instruments. In conclusion, trading with Quotex’s platform is quite easy, with almost no lags or delays.