Quotex review

Category	Details
🌟 Broker	Quotex
🏢 Company Name	ON SPOT LLC GROUP
📍 Headquarters	Charlestown, St. Kitts and Nevis
📅 Online Since	2020
⚖️ Regulation	IFMRRC
🎮 Demo Account	Yes
💵 Minimum Deposit	$10
💳 Deposit Options	Credit/Debit Cards, Bank Transfers, E-wallets, Cryptocurrencies
🌐 Deposit Currencies	USD, EUR, GBP, BRL, IDR, MYR, INR, KZT, RUB, THB, UAH, VND, NGN, EGP, MXN, JPY, BDT, PKR, BTC, ETH, LTC, XRP, USDT
💲 Minimum Trade	$1
💰 Maximum Trade	Varies
📈 Binary Option Types	High/Low, Turbo
📊 Max Payout	Up to 98%
🎁 Bonus	Up to 30% Welcome Bonus
🖥️ Trading Platform	Proprietary Web Platform
📱 Trading App	iOS, Android
💹 Trading Instruments	Forex, Stocks, Commodities, Cryptocurrencies
📊 Number of Instruments	Over 400
⏳ Early Closure	Yes
🇺🇸 US Traders Accepted	No
📞 Customer Support Types	Email, Live Chat
🛠️ Tools Offered	Indicators, Signals, Technical Analysis Tools
🏆 Awards	Not specified
🗣️ Languages	English, Spanish, Portuguese, French, German, Hindi, and more

Disclaimer: Trading carries significant risk. Always trade responsibly and understand the risks involved.

Since its establishment in 2020, Quotex has quickly gained recognition as a premier platform for digital options trading. Quotex delivers an intuitive trading environment. The platform’s robust technology, competitive payouts, and diverse asset offerings make it a compelling choice for traders of all experience levels.

Quotex focuses on accessibility, reliability and a comprehensive suite of features designed to enhance the trading experience on its trading platform to give traders around the world the ability to trade with confidence in the binary options markets.

This detailed review explores everything you need to know about Quotex, including its standout features, advantages, potential limitations, and expert insights to guide your trading decisions.

What is Quotex?

Quotex is a trading platform that offers traders access to a wide variety of financial instruments such as binary options, forex, commodities, and cryptocurrencies. Its intuitive interface, coupled with advanced tools and features, ensures a seamless trading experience for both novice and seasoned traders. By prioritizing innovation, accessibility, and high payouts, Quotex has positioned itself as a preferred choice for binary options traders globally.

Quotex trading-platform

Quotex has designed its proprietary trading platform with simplicity and efficiency in mind, providing robust features that cater to the needs of modern traders.

Web-Based Platform:

• Accessible via any standard web browser without requiring downloads or installations.
• Features include customizable charts, real-time market updates, and easy navigation.

Mobile Applications:

• Fully functional apps for iOS and Android enable trading from anywhere, ensuring convenience and flexibility.
• Mobile apps mirror the web platform’s functionality, including access to trading tools and account management.

Platform Tools:

• One-Click Trading: Quickly execute trades with minimal delays.
• Technical Indicators: Access over 15 built-in indicators, including Bollinger Bands, Moving Averages, and RSI.
• Signal Integration: real-time trading signals with an accuracy rate of up to 87%.

Indicators and oscillators

This table categorizes the tools into indicators and oscillators available on the trading platform.

Category	Name
📊 Indicators	Alligator, Bollinger Bands, Envelopes, Fractal, Ichimoku Cloud, Keltner Channel, Donchian Channel, Supertrend, Moving Average, Parabolic SAR, Zig Zag
📉 Oscillators	ADX (Average Directional Index), Aroon, Awesome Oscillator, Bears Power, Bulls Power, CCI (Commodity Channel Index), DeMarker, ATR (Average True Range), MACD (Moving Average Convergence Divergence), Momentum, RSI (Relative Strength Index), Rate of Change, Stochastic Oscillator, Schaff Trend Cycle, Vortex, Volume Oscillator, Williams %R, Weis Waves Volume Oscillator

Trading Signals:

• Integrated signals for real-time trade opportunities.
• Signals have a proven accuracy rate of up to 87%.

Social Trading

The platform offers a social trading feature, enabling users to replicate the strategies of successful traders. This tool is particularly beneficial for beginners seeking guidance and insights.

Binary Options Types

Quotex specializes in High/Low binary options, offering a straightforward approach to trading.

1. High/Low Options:
   • Traders predict whether an asset’s price will rise or fall within a specified time frame.
   • It is suitable for both short-term (1-minute) and long-term trades.
2. Turbo Options:
   • A variation of High/Low options with expiration times as short as 5 to 60 seconds.
   • Designed for traders seeking quick returns.
3. Wide Asset Range:
   • Offers binary options on over 400 assets, including:
     • Forex pairs (e.g., EUR/USD).
     • Commodities (e.g., Gold, Oil).
     • Cryptocurrencies (e.g., Bitcoin, Ethereum).
     • Stocks (e.g., Apple, Tesla).

Assets and trading instruments available

Quotex provides access to a wide array of financial instruments. Traders can engage in digital options across various asset classes, including currencies, commodities, cryptocurrencies, indices, and stocks. Below is a detailed breakdown of some of the 400 assets available on Quotex:

Currencies (Forex Pairs):

Quotex offers 27 forex pairs, encompassing major, minor, and exotic currencies. This variety allows traders to capitalize on global currency fluctuations. Some of the available forex pairs include:

• Major Pairs:
  • EUR/USD
  • GBP/USD
  • USD/JPY
  • USD/CHF
  • AUD/USD
  • NZD/USD
  • USD/CAD
• Minor Pairs:
  • EUR/GBP
  • EUR/AUD
  • GBP/JPY
  • AUD/JPY
  • EUR/JPY
  • GBP/CHF
  • EUR/CHF
• Exotic Pairs:
  • USD/TRY
  • USD/MXN
  • USD/ZAR
  • EUR/TRY
  • GBP/SGD
  • AUD/SGD
  • NZD/SGD

Commodities:

Traders can trade commodities, which include:

• Metals:
  • Gold
  • Silver
• Energies:
  • Crude Oil
  • Brent Oil

Cryptocurrencies:

Quotex provides access to the cryptocurrency market, offering:

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Ripple (XRP)

Indices:

The platform features over 15 major global indices, allowing traders to speculate on broader market movements. Some of the prominent indices include:

• Dow Jones Industrial Average (DJIA)
• S&P 500
• NASDAQ 100
• FTSE 100
• DAX 30
• Nikkei 225
• Hang Seng Index

Stocks:

Quotex offers a selection of stocks from leading companies. some of the available stocks are:

• Apple Inc. (AAPL)
• Microsoft Corporation (MSFT)
• Amazon.com Inc. (AMZN)
• Facebook, Inc. (FB)
• Alphabet Inc. (GOOGL)
• Tesla, Inc. (TSLA)
• Netflix, Inc. (NFLX)

This extensive range of assets allows traders on Quotex to build diversified portfolios and implement various trading strategies across multiple financial markets.

Payouts

Quotex offers some of the highest payout rates in the industry, reaching up to 98% on successful trades.

1. Dynamic Payouts:
   • Payout percentages vary based on market conditions and selected assets.
   • Higher-volatility assets often offer more significant returns.
2. Consistency:
   • Maintains competitive payout rates even during low market activity.

Quotex accounts

Quotex offers a structured range of account types to accommodate traders with varying levels of experience and investment capacities. Below is a detailed overview of each account type:

Comparison of Quotex Account Types

Feature	Standard Account	Pro Account	VIP Account
Minimum Deposit	$10	$1,000	$5,000
Payout Increase	—	+2%	+4%
Customer Support	Standard	Priority	Dedicated
Trading Tools	Basic	Advanced	Premium
Withdrawal Speed	Standard	Faster	Fastest

This structured account system allows traders to select an option that aligns with their trading goals and financial capabilities. Each account type is designed to provide a tailored experience, ensuring that both beginners and professionals can find a suitable environment for their trading activities.

Demo Account

Traders can practice and familiarize themselves with the platform without risking real funds with the Demo Account.

• Features:
  • Demo account preloaded with $10,000 in virtual funds.
  • You have access to all trading instruments and platform features.
  • There are no time limitations on usage.
• Purpose:
  • The demo account is ideal for beginners to learn trading risk-free.
  • It allows experienced traders to test new strategies.
  • You can try the trading platform without depositing money.

Standard Account

The Standard Account serves as the entry-level option for live trading.

• Minimum Deposit: $10
• Payouts: Up to 85% on successful trades.
• Features:
  • You have access to all available assets.
  • You have standard customer support.
  • You can participate in bonus programs and promotions.
• Suitable For:
  • New traders entering the market.
  • Traders prefer a straightforward trading experience.

Pro Account

The Pro Account is tailored for more active and experienced traders seeking enhanced benefits.

• Minimum Deposit: $1,000
• Payouts: Additional 2% payout on all available assets.
• Features:
  • You have access to advanced trading tools and analysis.
  • Get priority customer support.
  • Get exclusive webinars and educational content.
  • Get faster withdrawal processing.
• Suitable For:
  • Intermediate traders aiming to elevate their trading experience.
  • Traders seeking higher profitability and additional resources.

VIP Account

The VIP Account is designed for professional traders who require premium services and maximum benefits.

• Minimum Deposit: $5,000
• Payouts: Additional 4% payout on all available assets.
• Features:
  • Get a dedicated account manager.
  • Get personalized trading strategies.
  • Access all trading instruments.
  • Get the highest priority customer support.
  • Get exclusive promotional offers and bonuses.
  • Get the maximum withdrawal limits.
• Suitable For:
  • Seasoned traders looking for premium services.
  • High-volume traders seeking personalized support and strategies.

How to Start Trading on Quotex?

Account Registration

Creating an account on Quotex is simple and fast:

1. Visit the Website:
   • Go to the official Quotex website.
2. Sign Up:
   • Click “Sign Up” and fill in the required details, including your email and preferred currency.
3. Email Verification:
   • Confirm your email address by clicking the verification link sent to your inbox.
4. Account Activation:
   • Once verified, you can access the platform and start trading.

Deposit and Withdrawal

Quotex supports a variety of payment methods for deposits and withdrawals:

Category	Details
💳 Credit/Debit Cards	Visa, MasterCard (Deposits: Instant, Withdrawals: 1–3 business days)
💼 E-Wallets	Perfect Money, AdvCash, Piastrix, FK Wallet (Deposits & Withdrawals: Instant or within a few hours)
₿ Cryptocurrencies	Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), USD Tether (USDT) (Processing: ~1 hour)
🏦 Bank Transfers	Local Bank Transfers (Deposits: Few hours to several business days, Withdrawals: 1–5 business days)
💵 Minimum Deposit	$10
💲 Minimum Withdrawal	$10 (Most methods); $50 (Bitcoin)
🕒 Processing Time	Deposits: Instant (most methods); Withdrawals: Typically a few hours to 3 business days
💸 Fees	No fees from Quotex (third-party fees may apply for some methods)
🛡️ Verification	Required for withdrawals, especially large amounts (includes ID and proof of address checks)

1. Deposit Options:
   • Credit/Debit Cards: Visa, MasterCard.
   • E-Wallets: Skrill, Neteller, Perfect Money.
   • Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and more.
   • Minimum deposit: $10.
2. Withdrawal Process:
   • Withdrawals are processed using the same method as deposits.
   • Processing time: 1-3 business days.
   • No hidden fees, though third-party charges may apply.

Educational Resources

Quotex is committed to supporting traders through educational materials:

1. Tutorials:
   • Step-by-step guides for platform navigation and trading strategies.
2. Videos:
   • Informative videos covering market trends and advanced trading techniques.
3. Blog:
   • Regularly updated with tips, market news, and platform updates.

Customer Support

Quotex provides reliable customer support to address any concerns or queries:

1. Support Channels:
   • Live Chat: Available 24/7 for real-time assistance.
   • Email: support@quotex.io.
   • Phone: Currently unavailable, but users can reach out through other efficient channels.
2. Help Center:
   • Comprehensive FAQ section addressing common issues related to accounts, deposits, and trading.

Additional Information

1. Languages Supported:
   • The platform is available in multiple languages, including English, Spanish, French, and Portuguese.
2. Accessibility:
   • Quotex is accessible in over 100 countries, though some regions, like the United States, may have restrictions.
3. Awards:
   • While no specific awards are listed, its growing user base and positive reviews highlight its reliability and efficiency.

Conclusion

Quotex excels as a versatile and user-friendly trading platform, offering high payouts, a diverse range of assets, and advanced tools. Its commitment to transparency, security, and customer satisfaction makes it an excellent choice for both beginners and experienced traders. With its demo account, robust trading signals, and social trading features, Quotex provides a comprehensive solution for modern trading needs.

Disclaimer: Trading carries significant risk. Always trade responsibly and understand the risks involved.

Quotex FAQ

What is Quotex?

Quotex is a digital options trading platform offering a variety of financial instruments, including forex, stocks, commodities, and cryptocurrencies.

Is Quotex regulated?

Yes, Quotex is regulated by the International Financial Market Relations Regulation Center (IFMRRC).

Is Quotex safe to use?

Yes, Quotex is safe to use as it implements SSL encryption and complies with KYC and AML standards.

What is the minimum deposit on Quotex?

The minimum deposit on Quotex is $10, making it accessible for traders with small budgets.

What is the minimum withdrawal amount on Quotex?

The minimum withdrawal amount on Quotex is $10, with some exceptions like $50 for Bitcoin withdrawals.

Does Quotex offer a demo account?

Yes, Quotex offers a demo account with virtual funds to help traders practice without risking real money.

Does Quotex offer any bonuses?

Yes, Quotex offers bonuses like up to 30% welcome bonuses and promotional codes for traders.

What trading instruments are available on Quotex?

Quotex offers trading instruments such as forex pairs, stocks, commodities, and cryptocurrencies.

What is the maximum payout on Quotex?

The maximum payout on Quotex is up to 98% on successful trades, depending on market conditions.

Are US traders accepted on Quotex?

No, US traders are not accepted on Quotex due to regulatory restrictions.

What are the deposit and withdrawal methods on Quotex?

Quotex supports deposit and withdrawal methods like credit/debit cards, e-wallets, cryptocurrencies, and bank transfers.

How long do withdrawals take on Quotex?

Withdrawals on Quotex typically take 1–3 business days, depending on the payment method used.

Does Quotex charge fees for deposits or withdrawals?

Quotex does not charge fees for deposits or withdrawals, but third-party charges may apply.

What is the minimum trade amount on Quotex?

The minimum trade amount on Quotex is $1, allowing traders to start with small investments.

Does Quotex provide mobile trading?

Yes, Quotex provides mobile trading through its apps for iOS and Android devices.

Is Quotex suitable for beginners?

Yes, Quotex is suitable for beginners, offering a demo account, educational resources, and an easy-to-use interface.

How can I contact Quotex customer support?

You can contact Quotex customer support via email at support@quotex.io or through their 24/7 live chat service.

What languages does Quotex support?

Quotex supports languages including English, Spanish, Portuguese, French, German, and Hindi.

Can I close trades early on Quotex?

Yes, you can close trades early on Quotex to secure profits or minimize losses.