Qoutex trading
Quotex is a binary options broker, founded in 2020, that offers market signals and copy trading on its bespoke web platform. Our review explains how to start trading with Quotex, including deposits and withdrawal fees, customer support and welcome bonuses. Sign up and start trading today.
Quotex Details
Quotex is a brand name of Awesomo Ltd, a company based in the Seychelles that is regulated by the International Financial Market Relations Regulation Centre (IFMRRC). The firm was certified as a licensed broker in November 2020. The brokerage seeks to combine powerful tools with straightforward digital options products.
Payment options for residents of the USA, Canada, Hong Kong, or Germany are limited to cryptocurrency, but traders can open accounts from those regions..
Trading Platform
Clients can reach the web-based platform and start trading after account registration. Once signed up and through the login portal, users simply need to:
Choose an asset – each instrument displays a percentage return on investment if you win the trade, up to 98%
Select an expiration time – times between one minute and four hours are available, and can be fine-tuned to the second
Input investment amount – choose how much capital you want to put behind your market position
Pick ‘Up’ or ‘Down’ – depending on which direction you believe the asset price will move by the expiry
Quotex online trading
Selecting an asset displays its live price chart, and traders can view the data in multiple graphs in timeframes from five seconds to a day. The Quotex platform has nine indicators that can be refined according to preference. 15 drawing tools are also available to help inform projections. To keep the display clean, users can hide the indicator name or additional details without losing their mark-up on charts.
Clients can utilise copy trading and duplicate the strategies of successful traders in a single click. The platform interface also displays a leaderboard with the top 20 earners for that day.
Quotex web trading platform
The terminal also includes unlimited market signals, which are analyst recommendations about an asset, price direction, and duration that users may choose to act on, offering a more manual form of copy trading.
In addition, clients will favour the high levels of customisation offered. Traders can set their username, upload a profile photo and change the background image of their charts. The switch time and investment type can also be tweaked in a few simple clicks. Finally, the broker has introduced a quick detailed view on trades, with key information on opening and closing prices plus entry and exit prices available at a glance.
Markets
Quotex offers over 410 assets for digital options trading:
Currencies – 27 forex pairs, from majors to exotics
Crypto – Litecoin, Bitcoin, Ripple, and Ethereum coins
Indices – 15 leading exchanges including the FTSE 100 and Dow Jones
Commodities – Gold, silver and oil, among other popular energies and metals
Our review was glad to see cryptocurrency offered as a digital options asset, though the range of markets is still narrow compared to more traditional online brokers.
Fees
The profit percentage associated with each instrument is set by Quotex and varies depending on factors like the liquidity of the asset, time of trade execution, and economic events.
For example, EUR/USD is currently offered at 80%, so a client that invested $1,000 and correctly predicted the price movement over the chosen time period would receive $1,800 in that trade.
Quotex does not charge commissions on trading operations.
Leverage
Quotex does not currently offer leveraged investing. Whilst this may limit market access for some beginners, it can also curtail losses.
Mobile Apps
The broker does not offer a mobile app at present. However, their web-based platform can be accessed using any browser including on a mobile phone. Clients can monitor the markets and execute trades with a few taps. We also expect that Quotex may roll out a mobile app in the future.
Day Trading
location
Home Online Brokers and Trading Platforms 2022
Quotex Review 2022
Quotex logotype
4.2
Flag Traders in India welcome
Quotex offers a proprietary web platform that offers digital options and copy trading.
Quotex Facts & Figures
Bonus Tiered deposit bonuses up to $105
Instruments Digital options, forex, indices, cryptos
Demo Account Yes
Min. Deposit $10
Payment Methods Bitcoin Payments, Credit Card, Mastercard, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Visa, Webmoney
Min. Trade $1
Regulated By IFMRRC
MetaTrader 4 No
MetaTrader 5 No
cTrader No
OmniTrader No
AlgoTrader No
STP Account No
ECN Account No
DMA Account No
MAM Account No
PAMM Account No
LAMM Account No
Demat Account No
Mobile Apps No
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
ELWs No
REITs No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading No
Social Trading No
Copy Trading Yes
Trade Signals Yes
Islamic Account No
Forex
Use digital options to take straightforward buy and sell positions on a range of currencies.
GBPUSD Spread N/A
EURUSD Spread N/A
EURGBP Spread N/A
Assets 27
Cryptocurrency
Trade a handful of the top cryptos at Quotex.
Spread N/A
Lending No
Staking No
Mining No
Auto Market Maker No
Coins BTC, ETH, LTC, XRP
Binary Options
Quotex offers online binary options on a range of markets with a welcome bonus for new traders.
Payout Percent
Risk Warning – Your capital is at risk
Quotex is a binary options broker, founded in 2020, that offers market signals and copy trading on its bespoke web platform. Our review explains how to start trading with Quotex, including deposits and withdrawal fees, customer support and welcome bonuses. Sign up and start trading today.
Quotex Details
Quotex is a brand name of Awesomo Ltd, a company based in the Seychelles that is regulated by the International Financial Market Relations Regulation Centre (IFMRRC). The firm was certified as a licensed broker in November 2020. The brokerage seeks to combine powerful tools with straightforward digital options products.
Payment options for residents of the USA, Canada, Hong Kong, or Germany are limited to cryptocurrency, but traders can open accounts from those regions..
Trading Platform
Clients can reach the web-based platform and start trading after account registration. Once signed up and through the login portal, users simply need to:
Choose an asset – each instrument displays a percentage return on investment if you win the trade, up to 98%
Select an expiration time – times between one minute and four hours are available, and can be fine-tuned to the second
Input investment amount – choose how much capital you want to put behind your market position
Pick ‘Up’ or ‘Down’ – depending on which direction you believe the asset price will move by the expiry
Quotex online trading
Quotex online trading
Selecting an asset displays its live price chart, and traders can view the data in multiple graphs in timeframes from five seconds to a day. The Quotex platform has nine indicators that can be refined according to preference. 15 drawing tools are also available to help inform projections. To keep the display clean, users can hide the indicator name or additional details without losing their mark-up on charts.
Clients can utilise copy trading and duplicate the strategies of successful traders in a single click. The platform interface also displays a leaderboard with the top 20 earners for that day.
Quotex trading platform
Quotex web trading platform
The terminal also includes unlimited market signals, which are analyst recommendations about an asset, price direction, and duration that users may choose to act on, offering a more manual form of copy trading.
In addition, clients will favour the high levels of customisation offered. Traders can set their username, upload a profile photo and change the background image of their charts. The switch time and investment type can also be tweaked in a few simple clicks. Finally, the broker has introduced a quick detailed view on trades, with key information on opening and closing prices plus entry and exit prices available at a glance.
Note, the broker does not offer the MT4 or MT5 platforms.
Markets
Quotex offers over 410 assets for digital options trading:
Currencies – 27 forex pairs, from majors to exotics
Crypto – Litecoin, Bitcoin, Ripple, and Ethereum coins
Indices – 15 leading exchanges including the FTSE 100 and Dow Jones
Commodities – Gold, silver and oil, among other popular energies and metals
Our review was glad to see cryptocurrency offered as a digital options asset, though the range of markets is still narrow compared to more traditional online brokers.
Fees
The profit percentage associated with each instrument is set by Quotex and varies depending on factors like the liquidity of the asset, time of trade execution, and economic events.
For example, EUR/USD is currently offered at 80%, so a client that invested $1,000 and correctly predicted the price movement over the chosen time period would receive $1,800 in that trade.
Quotex does not charge commissions on trading operations.
Leverage
Quotex does not currently offer leveraged investing. Whilst this may limit market access for some beginners, it can also curtail losses.
Mobile Apps
The broker does not offer a mobile app at present. However, their web-based platform can be accessed using any browser including on a mobile phone. Clients can monitor the markets and execute trades with a few taps. We also expect that Quotex may roll out a mobile app in the future.
Quotex mobile trading signals
Quotex trading signals
Deposits & Withdrawals
Traders can get started with a low minimum deposit of $10. Clients have the option of bank cards (Visa and Mastercard), cryptocurrency, internet banking, or e-wallets to deposit funds, and the firm does not charge fees for deposits or withdrawals. It is worth noting that payment options vary by country. For example, US clients can deposit funds using Bitcoin, Litecoin and Ethereum while Indian traders can use a number of local banks, plus popular e-wallets like Perfect Money, in addition to cryptos. Head to the broker’s website for a full breakdown of individual payment options in your jurisdiction.
The minimum withdrawal amount is also $10, but for Bitcoin it’s $50. Usually additional verification is not required, but the company may request it for high-value transactions.
Withdrawal times range from 1 to 5 days. With that said, the firm endeavours to make payments on the same day that the withdrawal application is made.
Demo Account
The broker offers a demo account funded with $10,000 to practice using the web platform and digital options products. Demo account holders have access to a range of assets, trading tools, signals, and indicators. For clients new to digital options, the trial account is an excellent way to see how the straightforward product works
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