Established in 2019, this broker specializes in turbo contracts with a focus on short-term trading across a myriad of assets such as forex, stocks, indices, commodities, and cryptocurrencies.
With over 13 years of trading experience in forex and binary options, I approach this review with a wealth of knowledge and a keen eye for critical platform evaluation.
My expertise extends from practical trading strategies to mentoring budding traders since 2011, which positions me to offer clear, authoritative insights into the functionalities and performance of Quotex.
In my Quotex review, we will explore the platform’s user experience, trading execution speeds, and asset offerings.
We’ll also address aspects such as customer support, deposit and withdrawal processes, and the overall credibility of Quotex IO in a rapidly evolving marketplace. The aim is to furnish readers with an evidence-based assessment that speaks to their concerns and aids them in making informed decisions about their trading endeavors.
Warning: Capital at risk.
The broker’s support team is always available to answer your questions. A two-factor authentication mechanism is in place to protect the personal information and financial data of their clients.
To learn everything you need to know about the binary options broker, keep reading this in-depth Quotex review!
| Brokers Name | Quotex.io / Qxbroker.com |
| Qoutex Web App | https://qxbroker.com |
| Quotex App Download | Visit PlayStore / App Store click here! |
| Year Founded | 2019 |
| Offices | Main Street, P.O. Box 625, Charlestown, St. Kitts and Nevis. |
| User Accounts (2024) | >5 Million |
| Usage (2021) | 134 countries |
| Languages Supported | 15 |
| Minimum 1st Deposit | $10 |
| Minimum Trade Amount | $1 |
| Maximum Trade Amount | $5000 |
| Demo Account | Yes (Click here to Sign Up) |
| Mobile Apps | Yes |
| US Traders / EU Traders | No / No |
| Account Currency | USD, EUR, INR, IDR, THB, BRL, CNY |
| Depositing and Withdrawals options | Credit/debit cards Visa, Mastercard, Skrill, FasaPay, ePayments, Neteller, WebMoney, UnionPay |
| Payout | Up To 95% |
| Markets | Forex, Cryptocurrencies, Stocks, Commodities |
| Rating | 4.8/5 |
| Features | Trade Fixed Term, Fast binary Options (5 Seconds+), Trading Signals, Many Indicators, fast Support and much more |
Sign up for the QUOTEX website To download their Mobile App or Trade on the website platform!
Risk Disclaimer: Trading involves risk! Only invest money you can afford to lose!
Features of Quotex
Next in our Quotex review, we will look at some of the features of this binary options broker:
- Trading Platform: User-friendly web and mobile interfaces for seamless trading.
- Account Varieties: Options for both demo and live trading accounts.
- Multiple Currencies Supported: Supports an extensive range of account currencies, including USD, EUR, GBP, and many more.
- Flexible Deposit and Withdrawal Options: Incorporates numerous methods from traditional cards to cryptocurrencies like Bitcoin and Ethereum.
- Low Entry Requirements: Quotex login with Quotex minimum deposit of just $10 and place orders as low as $1.
- Diverse Trading Instruments: Trade in a mix of indices, commodities, digital currencies, and classic currency pairs.
- Mobile Trading: Convenient on-the-go trading with mobile compatibility.
- Special Offers: Benefit from deposit bonuses, risk-free trades, and exclusive promo codes.
- Generous Bonus Offer: Offer a compelling 100% bonus on your first deposit. Take this leap into our trading world and get started right here!
- Flexible Starting Deposit: While we advise an initial deposit of $20 for optimal money management, you have the freedom to commence your trading journey with as low as $10. Remember, a wise strategy is to never risk more than 5% of your total balance on a single trade.
- Attractive Minimal Trade Value: Even if you’re starting small, with just $1, you can dive into the vast ocean of trading.
- High Potential Returns: Your trading acumen can fetch you up to 95% returns on your successful trades.
- Efficient & Fast Trading: This platform is designed for efficiency, ensuring that your trades are executed promptly.
- Resourceful Trading Arsenal: With this platform, you get access to an extensive range of indicators and tools, enhancing your trading decisions.
- Consistent and Reliable Signals: Rely on their in-house trading signals that have showcased a commendable accuracy rate of around 80%.
- Innovative Copy-Trading: If you’re new or simply want to diversify, this platform allows you to mirror the trading strategies of some of the most proficient traders.
- Diverse Financial Options: Catering to modern financial needs, they allow deposits and withdrawals through various methods, be it traditional cards, convenient e-wallets like Skrill, or futuristic cryptocurrencies.
- Exceptional User Experience: They are committed to delivering an unparalleled user experience characterized by a transparent, rapid trading platform complemented with all the essential tools and swift payouts.
- 24/7 Customer Support: Whether you prefer Email, Chat, or a good old-fashioned phone call, their dedicated support team is always ready to assist.
- Expansive Language Support: The platform speaks your language, quite literally! With support for languages including Italian, Russian, French, and many more, they cater to a global clientele.
- Versatile Trade Durations: Whether you’re in for a quick trade or a longer haul, they offer options ranging from a a few seconds up to 4 hours.
- Exclusive Telegram Insights: Join their Telegram channel for a steady stream of updates encompassing the latest news, deep market insights, and exclusive offers available primarily to our dedicated subscribers.
- Real-time and Accurate Market Indicators: Stay ahead with the real-time market indicators, prominently displayed on the platform. This firm stands by the claim of an impressive 87% accuracy rate for these signals.
- Comprehensive Analytical Tools: With a whopping total of 29 indicators available, including 11 dedicated to trend analysis and 18 for oscillators, the platform provides an analytical edge to your trading strategies.
- User-Centric Platform Design: The platform, fine-tuned for digital options trading, ensures an intuitive and hassle-free user experience.
- Diligent Support Team: The support staff, proficient in multiple languages, is always on standby, ensuring that you receive timely and accurate assistance.
- Extensive Flexibility in Expiry: Tailored to suit varied trading strategies, the platform offers expiry times ranging from a swift 5 seconds to a comprehensive 24 hours.
- Loyalty Gets Rewarded: Trading regularly on Quotex trading? You might just find yourself eligible for an array of enticing bonuses and incentives, adding value to your consistent engagement.
Quotex Review Video – Take a look into This Trading Platform
Sign up for the official QUOTEX website or mobile app on the App Store or Google Play using the referral code: 13791
Risk Disclaimer: Trading involves risk! Only invest money you can afford to lose!
Quotex Review: Binary Options Available
Although QUOTEX is an emerging broker, the terms and conditions they offer for binary (Digital) options are standard. Gains are made by speculating on whether the value of a given asset (currency pair, cryptocurrency, index, or commodity) will increase or decrease on the trading platform. Each instrument’s payout percentage has been established in advance.
“Risk-free transactions,” in which the trader is assured of a profit regardless of the outcome of the position, are available to clients. Traders on the Quotex trading platform get access to a special promotional area meant to improve their experience.
The company does not currently use any outside-developed software. The UI is simple, but it does what it’s supposed to. The user interface of the trading platform supports one-click trading, as well as four types of charting, fourteen periods, and six languages. QUOTEX disclaims any moral or legal obligation to ensure the integrity of its trading signals. The customer assumes all risk associated with trading based on the signals and does not hold the provider liable for trade results.
Our Broker Rating
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Quotex Terms of Use
User Agreement provided on their website clearly forbids customers from developing, selecting, or using automated systems, algorithms, procedures, or other specific software that enables trades outside the personal involvement of the trader. The Partnership program is the only way to passively generate income.
While USD is the currency of choice for a trading account, clients have the option to switch at any time. Payments can be made and withdrawn using a variety of methods, including debit cards, credit cards, electronic wallets, and cryptocurrency. This broker does not offer any form of leverage. A demo account allows you to test your limits with a virtual $10,000 USD balance.
Pros and Cons of Quotex
Pros
- To get started, all you need is 10 dollars (USD).
- There are zero fees for making trades, funding, or closing an account.
- Binary options trading is made easy with a user-friendly and intuitive trading interface.
- Excellent customer service and quick withdrawals
Cons
- Does not offer leveraged trading.
- Not authorized globally
- An absence of credible educational resources along with research assistance
- Bonus on deposits is non-withdrawable.
- There are no options on stocks or stock shares included among the instruments that can be traded.
QXbroker Review: How To Get Started?
You need to sign up with the broker before you can open a Personal Account with them. If you follow this tutorial step by step, it shouldn’t take you more than 5 minutes total.
For the best potential Quotex referral incentive at present, please clear your cookies before clicking through from our site. Once you’ve done so, you can sign up for a Quotex account or get the Android app by clicking here.
Step-by-Step Quotex Trading Guide
Select the account’s currency and fill out the required fields, including email and password. Signing up is quick and easy if you have previously created an account with Facebook, VK, or Google. The next thing to do is log in with your Account details.
You can also perform the following tasks with a trader’s Personal Account:
- Start a trial account now.
- Change the currency of the account used for speedy trade
- Profit from timely trading alerts
- To submit an inquiry, submit a ticket.
- Use the discount/voucher code.
- Two-factor authentication must be turned on.
- Create trading profiles on a daily, weekly, or monthly basis.
- Take a look at your history of payments
Once you’ve mastered Quotex and trading methods, you’re ready to begin trading in a real account. However, before you can trade binary options with real money, you’ll need to make a deposit.
Quotex Withdrawal Options and Fees
- The very same method that was used to make a deposit can also be used to make a withdrawal. You are welcome to pay using any of the approved ways of payment, including Visa and Mastercard, as well as electronic systems such as Perfect Money, Piastrix, or FK Wallet, or even cryptocurrencies such as Bitcoin, Litecoin, or Ethereum.
- The company does not impose any costs associated with withdrawals. Transfer fees levied by the payment system normally fall somewhere between 1% and 5% of the total amount transferred.
- A request to withdraw funds must be processed within three business days.
- The majority of payment methods have a minimum withdrawal amount of $10, however, cryptocurrencies have a minimum withdrawal amount of $50 (or a larger amount for particular cryptocurrencies, such as BTC).
- The normal length of time needed to complete the withdrawal process is between one and five days.
- The company may request proof of identity for large withdrawals; however, the specific dollar amount is not specified anywhere on the website.
Quotex Alternatives
Some of the competitors and alternatives of Quotex trading include:
Quotex Review: Final Verdict
So, can you trust Quotex trading or not? Is Quotex legit? The answers to all these queries can be only one: you need to try before making up your mind. If we look at the numbers and testimonials, millions of people are currently registered on Quotex, and many are earning six figures from it. If you ask us, $10 is a small price to test out your luck and skills. So, go ahead and try Quotex today!
Frequently Asked Questions
Looking for more detailed information about Quotex? Make sure to leave your questions inside the comment section below to get your answer as fast as possible!
Is Quotex Fake or Real?
Quotex is a legit broker for binary option we are using day by day! They offer a great support, fast withdrawals and high returns in the case your option ends in the money!
Is Quotex Regulated in the US or EU?
Yes, it is regulated by the International Financial Market Relations Regulation Centre (IFMRRC). With this regulation, traders have a chance to get a compensation in the case the broker can not pay out their winnings!
Is Quotex a Good Broker
It is a great broker for binary options with fast deposits and withdrawals as well as many different assets to trade! With a return up to 90%, you can earn a nice profit if your option ends in the money!
Can Quotex be used inside the EU and USA?
By now, this broker is accepting traders from EU and US countries.
What Strategy is Best for Quotex binary options?
There are many good strategies for binary options you can use with this broker! Ensure to first test your strategy in the free demo account so you can see how well it is working on their trading platform! I am using a price action strategy for binary options with great results, so ensure to check out the link above to learn more about it!
Do trader opinions have a role in the QUOTEX rating?
A broker’s overall rating on this list might go up or down based on each review. Visit QUOTEX’s profile page to see customer feedback.
Where can I find instructions for using this website to provide a QUOTEX review?
Just leave your comment below and let us know what you think about Quotex binary options!
Disclaimer:
Investing here exposes your money to potential loss. Complex derivatives such as CFDs may not be appropriate for the average investor. Contracts for difference (CFDs) are leveraged financial transactions that are both difficult to understand and fraught with the possibility of fast loss of capital. You should carefully evaluate if you are willing to incur the high risk of losing money and whether or not you understand how CFDs work.
Currency exchange rate fluctuations may impact the items discussed. There is a possibility that you might lose part or all of your money if you invest in these goods, and the value of your investment could go up or down. You should never trade with borrowed money or with money you cannot afford to lose.
On our site, you will only find information that has been thoroughly checked for accuracy. Based on a decade of financial industry experience and customer feedback, we have compiled an accurate representation of the top forex companies available to you.
*If a client registers using our referral link on the company’s website, we might earn a commission.
Quotex It is my favorite platform for depositing, very secure and withdrawing as well, as well as customer service
Uso a Quotex e recomendo, é uma Plataforma com muitos Recursos e sem Delay nas Operações, uso e recomendo, a melhor do mercado.
This is a really nice platform I really like it changes my life by using all the tools love you quotex from Aneesh Jamwal
Great review on Quotex! Your comprehensive analysis really shines a light on what sets Quotex apart in the crowded digital options trading platform market. I found the sections on user interface, asset variety, and withdrawal processes particularly enlightening. It’s clear that Quotex offers unique features and benefits for traders, something I’ve been curious about. Your insights into their customer support and trading tools have helped me make a more informed decision. Looking forward to more reviews on trading platforms and strategies to enhance our trading skills. Keep up the excellent work!