2 - Responsive Platform
3 - User-Friendly Platform
4 - No Country Restrictions
5 - Huge Bonuses
6 - OTC Supported
7 - Multiple Deposit Options
8 - Multiple Assets
9 - Multiple Languages Supported
10 - Live Support Chat
2 - No Forex Instrument.
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 )
In this Quotex review, I’ll inform you everything you need to know about this broker to help you to kickstart your trading with it and make your right decision!
|Broker Name||Quotex LTD|
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.
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 )|
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|
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.
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!
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
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!
This broker provides a live support chat for every trader who is facing issues regarding the platform or any query to ask about, their response time is under 1-5 minutes with the fastest and helpful agents available that are working 24 hours a day and 7 days a week,
Note : Sometimes the support agents get saturated by traders tickets and full queue and takes a bit of time to respond to your query.
Is Quotex Regulated and Safe?
In my honest opinion, quotex is 100% legit and safe while this broker is fully regulated and recognized as a trustworthy platform according to the testimonials of other traders! for my side I didn’t face any issues with them, everything is working fine.
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.