How to Trade at Quotex for Beginners
How to Register an Account on Quotex
Trading Account features of Quotex
Here are some of the main trading account features of Quotex and how they can benefit you as a trader.
- User-Friendly Interface: The platform is designed to be easy to navigate and use, with clear and intuitive menus, buttons, and charts. You can customize your trading dashboard according to your preferences and needs, such as choosing different indicators, time frames, and assets. Making it accessible for both beginner and experienced traders.
- Demo Account: You can use the demo account feature to practice your trading strategies and test the platform’s features without risking real money. It’s a valuable tool for learning and gaining experience.
- Wide range of Assets and Markets: You can trade more than 400 different assets on Quotex, including currency quotes, commodities, stocks, and cryptocurrencies. You can also access various markets around the world, such as Europe, Asia, America, and Africa.
- High payouts and low commissions for its traders: The platform claims to offer up to 95% payouts on successful trades, which is higher than many other platforms in the industry. Moreover, Quotex does not charge any fees or commissions for deposits, withdrawals, or trading activities.
- Advanced Charting Tools: Quotex offers advanced charting tools and indicators to help traders analyze price movements, identify trends, and make informed trading decisions.
- Risk Management Tools: Quotex includes risk management features like stop-loss and take-profit orders, enabling traders to manage and control their risk levels effectively.
- Mobile Trading: Quotex provides a mobile trading app, allowing traders to access their accounts and trade on-the-go using their smartphones or tablets.
- Security Measures: Quotex prioritizes the security of traders’ funds and personal information. The platform employs advanced security protocols, encryption, and secure payment gateways to ensure a safe trading environment.
- Customer Support: Quotex has a dedicated customer support team available to assist traders with any inquiries or issues they may encounter. Support is typically provided through various channels, such as live chat, email, or phone.
- Educational Resources: Quotex also provides various tools and resources for its traders to enhance their trading skills and knowledge. For example, you can access free educational materials on the platform, such as video tutorials, webinars, articles, and e-books.
These are some of the main trading account features of quotex that you can enjoy as a user. If you are interested in trying out quotex for yourself, you can sign up for a free account on Quotex website and start trading today.
How to Register an Account on Quotex via Email
Here are the steps to follow:
Step 1: Visit the Quotex website
The first step is to visit the Quotex website. You will see the homepage with the "Sign Up" button at the top right corner of the page.
Step 2: Fill in the registration form
1. You will be redirected to the registration form where you need to fill in your email address and create a strong password.
2. Choose a currency you wish to deposit and withdraw your funds.
3. Click on the check box after reading the Service Agreement of Quotex.
4. After filling in the form, click on the "Registration" button to complete the registration process.
Congratulations! You have successfully registered a Quotex account. It is very simple and doesn’t take a lot of time. Now you don’t need any registration to open a demo account. You will see that your balance is $10,000 which allows you to practice as much as you need for free.
It is a great way to learn how to use the platform, test your strategies, and gain confidence in your trading skills.
Once you build confidence in your skills, you can easily switch to a real trading account by clicking the "Live account" button. Switching to a real trading account on Quotex is an exciting and rewarding step in your trading journey.
How to Register an Account on Quotex via Google, Facebook
You can also sign up on Quotex with your Google or Facebook account.
1. Choose Social Media: Click on the option that says "Facebook" or " Google," depending on the platform you prefer to use.
2. Authorize Quotex: You’ll be redirected to the respective social media platform. Enter your login credentials for that platform if prompted and authorize Quotex to access your account information.
3. Complete Registration: Once authorized, Quotex will gather the necessary details from your social media account to create your Quotex profile. Review any permissions or information being shared before finalizing.
How to Verify Account on Quotex
How to Verify Account
Verifying your account can be completed in a few steps, and in this article, we’ll guide you through the process
Step 1: Register on Quotex
To register on Quotex, you need to visit the website and click on the "Sign Up" button. You will be asked to enter your email address and password, and choose your account currency. You can also sign up with your Google or Facebook account.
Step 2: Confirm your email address
After registering, you will receive a confirmation email from Quotex. You need to open this email and click on the link inside it to confirm your email address. This will activate your account and allow you to access the trading platform.
Step 3: Complete your profile
Once you activate your account, you need to complete your profile with some basic information. You need to provide your full name, date of birth, country of residence and address.
Step 4: Verify your identity
The next step is to verify your identity by uploading a photo of your passport, national ID card, or driver’s license. The documents must be clear, valid, and in color. You can upload them in JPG, PNG, or PDF format. This is required by Quotex to comply with anti-money laundering and fraud prevention regulations.
Step 5: Wait for approval
After uploading your ID, you will see a waiting confirmation status. Quotex has received the documents, and the scrutiny is under process. Now, you must wait for Quotex to verify all the presented documents.
Once the entire verification process is complete, you will receive an email notification when your verification is completed. You can also check the status of your verification in the "Verification" section in your account settings.
How long does the Quotex verification process take
The verification process may take 2-5 business days from the date the Company receives the requested documents to complete. But usually, it only takes a few hours to complete the verification process.
During this time, Quotex will review the documents you have submitted and may contact you if they need additional information or clarification.
If you have been waiting longer than expected, you can contact Quotex support for an update on the status of your verification.
Can Traders use Quotex without Verification?
As a regulated broker that strictly follows guidelines, Quotex may require you to complete the verification process before allowing you to trade with a live account.The company may request certain documents to verify your personal data at their discretion. This is typically done to prevent illegal trade, financial fraud, and the use of illegally obtained funds. Providing these documents requires minimal effort and time as the list is short.
If you are hesitant about trading on Quotex due to the numerous projects available, we want to reassure you. Our website offers a demo account that does not involve real money. This allows you to test the platform’s mechanism safely and without risk. With QUOTEX, you can take action while others are still doubting.
About Quotex
Quotex was launched in 2019, our team has made a significant impact in the industry. Our team consists of highly experienced developers, each a top-level specialist. Some have dedicated over 10 years to improving their development skills, and the team’s combined experience totals 200 years. This experience has enabled us to identify the best methods for creating a cutting-edge platform.
Our team has developed more than just another trading project. We have created a platform for a wide audience, aimed at those who want to learn about advanced financial instruments and improve their financial skills.
QUOTEX offers over 400 free tools to each client, allowing them to trade and earn money in their preferred way. Clients can choose from a variety of assets including majors, currency quotes, stocks, metals, oil or gas, and the popular trend of recent years - cryptocurrencies.
Can someone use fake or someone else’s information when registering on the website?
No, Clients are responsible for self-registering on the company’s website and providing accurate and complete information in the registration form. This information must be kept up to date. The company may request documents or invite the client to their office for identity verification. If the information provided during registration does not match the submitted documents, the client’s profile may be blocked.
How to Deposit on Quotex
Deposit Payment methods on Quotex
Quotex supports a variety of payment methods for your convenience. You can choose the one that suits you best and make a deposit in a few simple steps. Here are some of the payment methods that you can use on Quotex:
Credit or debit card
Making a deposit on Quotex is fast and easy using a Visa or Mastercard. Simply enter your card details and confirm the transaction. Your money will be credited to your account instantly and securely.Bank Transfers
You can deposit funds into your Quotex account through bank transfers. This method allows for the direct transfer of funds from a bank account to the Quotex trading account. It is a secure and widely used payment option.E-wallets
Quotex supports various electronic payment systems, such as Perfect Money, Skrill, Neteller, WebMoney, and more to make a deposit on Quotex. These are online platforms that allow you to store and transfer money online without sharing your bank details. You just need to create an account with one of these services and link it to your Quotex account. Then you can choose the amount you want to deposit and confirm the transaction. Your money will be transferred to your account within minutes.Cryptocurrencíes
Another option that you can use on Quotex is cryptocurrency. You can use Bitcoin, USDT, Binance, Ethereum, Litecoin, and more to make a deposit on Quotex. These are digital currencies that are decentralized and anonymous. You just need to have a crypto wallet and scan the QR code or copy the address provided by Quotex. Then you can send the amount you want to deposit and wait for the confirmation. Your money will be converted to USD and credited to your account within a few hours.
As you can see, Quotex offers various payment methods for you to choose from. You can use any of them to make a deposit on Quotex and start trading with over 400 financial instruments. Quotex is a platform that aims to provide you with the best trading experience possible. It has a user-friendly interface, integrated signals, trading indicators, fast speed, and reliable support service.
How to Deposit Money on Quotex
Quotex is a popular online platform that allows you to trade binary options and earn profits in a short time. However, before you can start trading, you need to deposit some money into your account.1. Log in to your Quotex account. If you don’t have one yet, you can register an account for free by clicking on the "Sign up" button on the top right corner of the homepage.
2. Once you’ve registered, you can log in to your account and access the trading platform. Click on the green "Deposit" button in the top right corner of the screen. You will see a new window with various payment methods available.
3. Quotex offers several payment methods, including credit or debit cards, bank transfers, e-wallets such as Advcash, Perfect Money, and cryptocurrencies. Depending on your location, some payment methods may not be available. Choose the payment method that is convenient for you.
4. Choose the bonus (Deposit bonuses are available up to 35%), enter the amount of money you want to deposit, and click on the "Deposit" button. You will be redirected to a secure payment page where you need to enter your payment details and confirm the transaction.
Ensure that you’ve entered all the payment details correctly to avoid any payment errors.
5. Wait for the confirmation message and check your balance. Your money should be credited to your account within a few minutes.
Congratulations! You have successfully deposited money on Quotex and you are ready to start trading. Remember to always trade responsibly and use a reliable strategy.
Quotex is committed to providing a secure and trustworthy trading environment for its clients. By verifying your account, you can ensure that your personal information is accurate and up to date. This helps prevent illegal trade, financial fraud, and the use of illegally obtained funds.
What is the Quotex Minimum Deposit
One of the main advantages of Quotex is that it has a low minimum deposit requirement. You can start trading with as little as $10, which is much lower than other platforms that may require hundreds or thousands of dollars. This makes Quotex an affordable option for beginners and low-budget traders.
How to use Quotex Deposit Bonus
The Quotex deposit bonus is a special offer that gives you extra funds to trade with when you make a deposit on the platform. Depending on the amount of your deposit, you can get up to 35% bonus on top of your initial balance. For example, if you deposit $1000, you can get another $35 as a bonus, giving you a total of $1350 to trade with.
The Quotex deposit bonus is not withdrawable, meaning you cannot cash it out directly. However, you can use it to trade on the platform and generate profits. The profits you make from the bonus are yours to keep and withdraw at any time.
Why should you use the Quotex deposit bonus?
The Quotex deposit bonus is a great way to boost your trading capital and increase your chances of making money online. With more funds to trade with, you can:
- Open more trades and diversify your portfolio.
- Increase your trade size and potential returns.
- Hedge your risks and minimize your losses.
- Test new strategies and markets without risking your own money.
The Quotex deposit bonus is a generous and flexible offer that can help you achieve your trading goals faster and easier.
How to Trade Binary Options on Quotex
How to place a Trade on Quotex
Step 1: Choose an assetClicking on the "Trade" button on the top left corner of the screen. Then, select the asset you want to trade from the available options. Quotex offers various financial instruments, such as currencies, crypto, commodities, and Stocks.
You can also use the search bar to find a specific asset. To choose an asset, simply click on it and it will appear on the main chart in the center of the screen.
Analyze the Market: Conduct a thorough analysis of the market to inform your trading decision. Consider using technical analysis tools, studying price charts, and staying updated with relevant news and indicators.
Step 2. Select a time frame
Select a time frame for your trade, ranging from 1 minute to 4 hours. The time frame determines how long your trade will last and when it will expire. The longer the time frame, the higher the payout percentage and the lower the risk level.
Step 3. Enter the amount that you want to invest in your trade
Enter your investment amount in the box below. You can use the plus and minus buttons to adjust your amount or type it manually. The minimum investment amount is $1 and the maximum is $1000 per trade or an equivalent in your account currency. We recommend you start with small trades to test the market and get comfortable.
Step 4: Predict the price movement
The final step is to predict whether the price of the asset will go up or down by the end of the time frame. You can use the technical analysis tools and indicators provided by the platform to help you make your prediction. Once you are ready, you can click on either the green button for a call option (Up) or the red button for a put option (Down). You will see a dotted line on the chart that represents your prediction.
You can place multiple trades at once by repeating steps 1-4 for different assets and time frames.
Step 5: Monitor your trade
You can monitor your trade by looking at the chart and seeing how the price moves in relation to your prediction line. You can also see a countdown timer that shows how much time is left until your trade expires.
When your trade expires, you will see a pop-up message that tells you whether you won or lost your trade and how much you earned or lost. Your account balance will be updated accordingly.
If your prediction is correct, you will receive a payout based on the profitability rate of the asset and the amount of your investment. If your prediction is wrong, you will lose your investment.
Quotex Advantages
Quotex has many advantages over other binary options brokers. Here are some of them:- Quotex has a low minimum deposit and trade amount. You can start trading with as little as $10 and place trades with as little as $1. This makes Quotex suitable for beginners and experienced traders alike.
- No Account Fees, Trading Fees, Deposit, and Withdrawal Fees. Quotex’s affordability is enhanced by their policy of not charging fees on trades, deposits, or withdrawals, which many traders consider reasonable. As a result, even when you open new positions, execute trades, or buy and sell commodities, Quotex’s profits are nearly non-existent.
- Quotex has a high payout rate and a fast withdrawal process. You can earn up to 95% profit on your trades and withdraw your money within 24 hours. Quotex supports various payment methods, such as bank transfers, credit cards, e-wallets, and cryptocurrencies.
- Customer Support: Quotex offers responsive customer support, providing assistance to users whenever they need it. The support team is available to address any inquiries or issues promptly, ensuring a smooth trading experience
Quotex Trading Features
Copy Trading and market signals: Quotex provides trading signals as a useful feature to aid traders in making well-informed trading choices. These signals are created using technical indicators, chart patterns, and market conditions. They offer insights into potential market trends and opportunities, enabling traders to determine advantageous entry and exit points for their trades.
Social Trading: Quotex offers a social trading function that allows users to connect with and follow successful traders. By watching and copying the trades of experienced traders, users can learn from their strategies and potentially improve their own trading results.
What are some effective methods to make money in the Binary options market?
To make money on Quotex, you need to have a good strategy, a reliable broker, and a disciplined mindset. Here are some tips to help you succeed:- Choose a reputable broker. Quotex is regulated by the International Financial Market Relations Regulation Center (IFMRRC) and has a high level of security and transparency. Quotex also provides various tools and features, including indicators, charts, signals, and social trading.
- Understand market analysis. Comprehend the factors that affect the price movements of assets like forex, commodities, stocks, and crypto. You can use technical analysis, which relies on patterns and trends on the charts, or fundamental analysis, which considers the economic and political events that affect the market.
- Develop a trading plan. You need to have a clear set of rules and criteria for entering and exiting trades, as well as managing your risk and money. Test your plan on a demo account before using real money.
- Maintain consistency and discipline throughout your trading journey. You need to follow your trading plan and avoid emotional decisions. You should also keep track of your performance and learn from your mistakes. Don’t chase losses or get greedy when you win.
- Begin with small investments and increase gradually. You should not invest more than you can afford to lose. You should also diversify your portfolio and trade with different assets and expiry times. Increase your investment amounts once you have gained sufficient experience and confidence.
How to make a Withdrawal on Quotex
How many Payment Methods for Withdrawal on Quotex?
One of the features that attracts many traders to Quotex is the fast and easy withdrawal process. Quotex offers a variety of payment methods for withdrawal, depending on your country of residence and your preference.Here are the main ones:
Bank cards
- You can withdraw funds from Quotex using your Visa or Mastercard bank cards. This is a secure and convenient payment method that does not require any fees. However, it may take 1- 2 business days for the funds to reach your bank account, depending on your bank’s policies and procedures.
Bank Transfer
- Withdrawing funds on Quotex via bank transfer offers a secure and reliable process, free from fraud or scams. It is a simple and easy method without any fees or commissions from other payment services. Additionally, it provides flexibility and convenience, allowing you to withdraw any amount within Quotex’s set limits. However, It is not available in all countries or regions. You may not be able to use bank transfer if your country or region is not supported by Quotex or your bank.
E-wallets
- E-wallets such as Skrill, Perfect Money, WebMoney, AdvCash, and more can also be used to withdraw funds from Quotex. These are fast and easy to use, usually processing withdrawals within 24 hours. However, they may charge fees for their services depending on the e-wallet provider and the amount being withdrawn.
Cryptocurrencies
- Another option to withdraw your funds from Quotex is to use cryptocurrencies, such as Bitcoin, USDT, Ethereum, Litecoin, Binance, and more. Cryptocurrencies are decentralized and anonymous payment methods that offer high security. However, they may also have high volatility and require some technical knowledge and skills to use them properly.
How to Withdraw Money from Quotex
The way you deposited money into your account is also the way you can withdraw it. For instance, if you used the Visa payment system to deposit money, you’ll also use Visa to withdraw it. If you’re withdrawing a large amount, the Company may ask for verification at their discretion. That’s why it’s important to register your account in your own name so you can prove ownership at any time.Outlined below are the steps for withdrawing funds on Quotex:
Step 1: Log in to your Quotex Account
To start withdrawing money from Quotex, log in to your account using the email and password you registered with. Make sure you’ve completed any required security steps, like two-factor authentication, to keep your account safe.
Step 2: Navigate to the Withdrawal Section
Once logged in, Click the "Withdrawal" button on the top right corner of the screen.
Step 3: Pick a Withdrawal Method
Quotex has several withdrawal methods, like bank cards, bank transfers, electronic wallets (e-wallets), or cryptocurrencies. Choose the one that works best for you and is available in your area.
Step 4: Enter Withdrawal Details
Enter how much you want to withdraw. Make sure it’s not more than your account balance and meets any minimum withdrawal limits.
Enter the necessary details. For bank transfers, give your bank info, including account number and branch details. For e-wallets or cryptocurrencies, enter the wallet address or account info.
Check the withdrawal details carefully to avoid errors or delays. When you’re ready, click "Confirm" to start the withdrawal.
Step 5: Enter the confirmation code
You will receive a confirmation code through either email or a code generated by Google Authenticator. This is a safety feature of Quotex (2-factor authentication).
Step 6: Wait for Processing
Once you submit a withdrawal request, Quotex will start processing it. The time it takes to process the request may vary based on the withdrawal method you choose, with some methods being quicker than others. You will receive a notification from Quotex when your withdrawal request has been processed and approved.
Click "Transaction" to check all your Withdrawal requests, and you see the latest request below.
Step 7: Receive the Withdrawn Funds
Upon successful processing, the withdrawn funds will be transferred to your designated account or wallet, depending on the chosen withdrawal method. Keep an eye on your bank account, e-wallet, or cryptocurrency wallet to ensure the funds have been received.
Quotex minimum and maximum Withdrawal
For most payment systems, the minimum amount that can be withdrawn is 10 USD. For cryptocurrencies, the minimum withdrawal amount is 50 USD, although this may be higher for certain currencies such as Bitcoin.Quotex does not impose a maximum withdrawal limit. You can withdraw the entire balance of your account in a single request. Additionally, there are no restrictions on the number of withdrawal requests you can make per day or per month.
How long does Withdrawal take on Quotex
Typically, the withdrawal process takes between one to five days, starting from when the Client’s request is received. The duration primarily depends on the number of requests being processed concurrently. The company strives to process payments promptly, aiming to complete them on the same day the Client’s request is received.Quotex Bonus Withdrawal
What is a Quotex bonus?
A Quotex bonus is a reward that Quotex gives to its users for different actions, including registration, deposits, trading, and contest participation. A Quotex bonus can be either a fixed amount or a percentage of your deposit or trade amount. For instance, you may receive a $10 bonus for signing up, a 35% bonus for depositing $300, or a 10% bonus for trading $50.
How to withdraw a Quotex bonus?
A Quotex bonus cannot be withdrawn immediately as it is not considered free money. Before you can withdraw your bonus funds from Quotex, you are required to fulfill certain conditions. These conditions are referred to as turnover or trading volume. Turnover or trading volume represents the total value of trades that you must execute using your bonus funds before they become eligible for withdrawal.
For example, let’s say you receive a $10 bonus with a 100x turnover requirement. In order to withdraw the bonus funds, you would need to trade a total value of $1000 using those bonus funds.
The turnover requirement may vary depending on the type and amount of bonus you receive. To find out the turnover requirement specific to your bonus, you can refer to your account dashboard or review the bonus terms and conditions. Additionally, your account dashboard will also provide you with the ability to track your progress towards meeting the turnover requirement.
Tips and best practices for Withdrawal on Quotex
To make your withdrawal process smooth and hassle-free, here are some tips and best practices you should follow:
- Before making a withdrawal request, you must verify your identity and address to ensure your security and comply with anti-money laundering regulations. To do this, upload copies of your ID card or passport and a proof of residence document (such as a utility bill or bank statement) in the “Verification” section of your Quotex account.
- It is a common rule on most online trading platforms to use the same payment method for both deposits and withdrawals to prevent fraud and money laundering. If you wish to change your payment method, contact Quotex’s customer support team with a valid reason and proof of ownership of both payment methods.
- Be sure to check the minimum and maximum withdrawal limits for each payment method, as they may vary depending on your country of residence and currency. These limits can be found in the “Withdrawal” section of your Quotex account or on Quotex’s website.
- Some payment systems may charge fees for processing withdrawals, which could reduce the amount you receive. Check these fees in the “Withdrawal” section of your Quotex account or on Quotex’s website.
- You can track the status and history of your withdrawal requests in the “Withdrawal” section of your Quotex account. If you have any questions or issues regarding your withdrawals, contact Quotex’s customer support team.
