Quotex Review: Trading Platform, Account Types and Payouts
Introduction
Quotex is an online broker that is particularly known for their binary options trading platform. Users can also trade cryptocurrency on the platform, in addition to a number of other trading securities like metals, oil, other commodities, stock indices, and more.
It has been around since 2019, but in its short history, it has grown largely in popularity. Quotex has its own proprietary trading technology, which can easily be customized by traders to fit their investment goals and trading needs.
There are 29 technical indicators, and a minimum deposit of just $10 to get started. Plus, they have 24/7 customer support, and two-factor authentication on all client accounts for added security. Many view Quotex as one of the best platforms out there for trading forex today, so let’s do an in-depth review to see if it truly is the best platform that’s fine-tuned for trading.
Quotex is based on Seychelles and regulated by IFMRRC ( International Financial Market Relations Regulation Center ).
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 ) |
Payout
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.
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
Customer Support
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
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.
