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Review: Quotex broker is gaining traction everywhere, buy why?

What is Quotex?

Review: Quotex is an online binary options trading broker that was established in 2020 and provides market signals and copy trading using its own online platform.

Our review outlines how to begin trading with Quotex, including deposit and withdrawal costs, customer service, and introductory incentives. Sign up today and begin trading.

Review: Is Quotex Broker licenced, and where is its physical address?

Quotex is a brand name of Awesomo Ltd., and Maxbit LLC, a Seychelles-based corporation regulated by the International Financial Market Relations Regulation Centre (IFMRRC).

In November 2020, the company was certified as a licenced broker. The brokerage's goal is to combine sophisticated tools with simple digital options products. Maxbit LLC is Quotex's parent firm. Address: James Street, Kingstown, St. Vincent & Grenadines, First Floor, First St Vincent Bank LTD Building.

Review: Is Qoutex better than Nadex?

Quotex serves as an excellent Nadex alternative broker because it accepts traders from the US, Canada and of course India.

Review: Can the Americans and the Canadians use Quotex Trading Platform?

Yes. Quotex accepts traders from the US and Canada.

Review: Quotex is popular in which countries?

Majority of the Quotex's clients reside in the United States, Canada, Brazil, the UK, France, Germany, India, Thailand, Indonesia, Hong Kong, South Korea and Japan.

Review: Is Quotex a legitimate broker or a rip-off?

Quotex is a professional online broker that offers a specialised platform for trading binary options or digital options. It is not a scam.

Review: How to use Quotex Trading Platform

After registering for an account, clients may access the web-based platform and begin trading.

Users just need to do the following after signing up and accessing the login portal:

Review: When a trader selects an item, a live price chart of that asset is shown, and the data may be seen in different graphs with periods ranging from five seconds to a day. The Quotex platform has nine indicators that may be customised to meet individual needs. There are additional 15 sketching tools accessible to assist with predictions. Users can conceal the indicator name or other data without losing their mark-up on charts to keep the presentation tidy.

Clients may use copy trading to mimic successful traders' methods with a single click. The platform interface also provides a scoreboard of the day's top 20 earnings.

The terminal also features an infinite number of market signals, which are analyst suggestions regarding an asset's price direction and duration that users may act on, providing a more manual version of copy trading.

Review: Clients will also appreciate the great degrees of customization available. Traders may customise their username, post a personal photo, and customise the background image of their charts. The switch time and investment type may also be changed with a few mouse clicks. Finally, the broker has included a rapid comprehensive view of trades, displaying crucial information such as opening and closing prices, as well as entry and exit prices, at a glance.

Review: Quotex offers a variety of assets for trading

Quotex provides approximately 410 assets for digital options trading, including:

 

Review: Fees and costs associated with Quotex

How does Quotex calculate the overall amount of earnings per trade?

Quotex determines the profit % for each instrument, which changes based on factors such as asset availability, transaction execution time, and economic developments. For example, the EUR/USD is now trading at an 80 percent yield, which means that a customer who paid $2,000 and accurately anticipated the price movement throughout the specified time period would get $3,600 in that bet.

Review: What exactly are Quotex Transaction Fees?

Quotex does not charge trading commissions.

Review: Use of Leverage on the Quotex Trading Platform

Can I trade on the Quotex platform using margin?

Currently, Quotex does not provide leveraged investing. While this may limit some newcomers' access to the market, which may also reduce losses.

Review: Quotex Mobile Trading App

Is there a Quotex mobile app for Android and iOS?

Quotex does provide a mobile app for Android phones but its iOS app is currently under development. In addition, its web-based platform is accessible via any browser, including mobile phones. With a few taps, clients may watch markets and execute transactions.

Review: Quotex Withdrawals & Deposits Process

What is the bare minimum for utilising Quotex's trading platform?

Traders can begin with a $10 minimum deposit.

Review: How do traders make deposits at Quotex?

Clients can deposit funds via bank cards (Visa and Mastercard), cryptocurrencies, online banking, or e-wallets, and there are no deposit or withdrawal fees.

It should be noted that payment methods differ per country. For example, US traders may deposit funds using Bitcoin, Litecoin, and Ethereum, but Indian traders can deposit funds using a variety of local banks, as well as popular e-wallets like Perfect Money, in addition to cryptos. For a complete list of individual payment choices in your jurisdiction, go to the broker's website.

Review: What is the smallest amount that may be withdrawn from Quotex?

The minimum withdrawal amount is similarly $10, however it is $50 if you are using Bitcoin. Additional verification is not usually necessary, although the corporation may request it for high-value transactions.

Review: How soon does Quotex execute money withdrawal requests?

The time it takes to withdraw money ranges from 1 to 5 days.

Having said that, the company makes every effort to make payments on the same day that the withdrawal request is submitted.

Review: Quotex Demo Account

Is it possible to get a demo account with Quotex to test their trading platform?

To experience utilising the online platform and digital options products, the broker provides a sample account financed with $10,000.

Demo account users can use a variety of assets, trading tools, signals, and indicators. The trial account is a wonderful approach for customers who are new to digital possibilities to understand how the simple product operates.

Review: Quotex Bonuses and Promo codes

Is there a deposit bonus offer and a promo code available at Quotex?

Quotex provides deposit incentives in tiers based on the amount of money you deposit.

For example, if you deposit more than $50, you will receive a 20% bonus ($10), a 25% bonus ($25) when you deposit more than $100, a 30% bonus ($45) when you deposit more than $150, and a 35% bonus ($105) when you deposit more than $300. This is a big offer and an excellent approach to increase trade money. To enhance the trading experience, a number of other current incentives are also available. Risk-reduction incentives, cashback benefits, Cancel X points, and balance bonuses are examples of these. Promo codes are given to active traders in accordance with firm-wide promotions. For the most up-to-date information, visit the Quotex website, and remember to carefully read the bonus terms and conditions before trading.

Review: Quotex Licenses and Regulation

Is Quotex a legally licenced broker?

Quotex holds an International Financial Market Relations Regulation Centre licence (IFMRRC).

Membership in a compensation fund, which reimburses consumers if the brokerage violates the licence or is unable to make payments, is part of the regulation by this organisation.

Is Quotex legal in the United States?

In the US, there is presently no ban against utilising the Quotex brand to trade the financial markets.

Is it legal to trade Quotex in India?

There is no legal prohibition on Indians registering new accounts on the Quotex Trading platform.

While residing in India, trading stocks, currencies, and CFDs on Quotex's platform is entirely legal.

Review: Quotex Accounts

Quotex provides how many different sorts of trading accounts to its customers?

Quotex provides three simple live account options: Standard, Pro, and VIP.

The basic account is designed for novices and offers a basic profit percentage on all trades. The Pro solution was created for more active traders, with higher profit margins and more appealing incentives. To qualify for the Pro account, traders will need to invest $1,000. The VIP account provides increased profit percentages as well as a variety of recurring perks and discounts for experienced traders. The VIP solution requires a $5,000 minimum payment.

What currencies are acceptable for opening a new Quotex Live Trading Account?

Accounts are available in the following currencies: US dollars, Euros, Indian Rupees, and Brazilian reals. The registration procedure is simple, and newcomers may be up and running in a matter of minutes.

Review: Quotex Pros and Cons

Quotex Advantages. The following benefits will appeal to traders:

Quotex Disadvantages. The following drawbacks might be useful to look at:

Review: Quotex Operational Hours

What time does the Quotex broker open for business?

Traders can access the platform and the broker's website at any time.

Assets, on the other hand, may only be traded during market opening hours, which vary depending on the instruments of interest. Monday through Friday, for example, is the trading day for forex. For further information, access your broker's trading terminal.

Review: Quotex Customer Support

How do I get in touch with Quotex?

Traders can contact support directly through the platform interface, by sending a ticket, or by utilising the live chat tool. Clients can also fill out an online form on the firm's website or contact support@quotex.io.

Review: Quotex Security

How secure is the Quotex Trading Platform?

To protect customer information, the organisation maintains strict security standards and employs specialised technology. Personal information is not sold or otherwise disclosed to third parties by the broker.

Review: Quotex Accepted Countries

Quotex accepts clients from which countries?

This broker accepts traders from all countries of the world. For example, it welcomes traders from Australia, Thailand, Canada, the United States, the United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, the United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and the majority of other nations.

Broker Sites like Quotex

What are Quotex's alternative brokers?

If you are seeking for trading sites like Quotex, we suggest you go for Olymp Trade or Nadex which are good brokers by similarity and accept traders from your location.

Quotex Testimonials and Reviews

Quotex has received a lot of favourable comments on sites like Trustpilot, Quora, and SiteJabber.

Here is a sampling of what genuine traders who have active and live trading accounts at Quotex have said about them:

Top 10 Quotex SiteJabber Reviews

Quotex has a consumer rating of 4.31 stars based on hundreds of reviews on SiteJabber, showing that the majority of consumers are pleased with their purchases.

Quotex is the sixth most popular currency trading website.

  1. This platform is one of the greatest trading platforms I've dealt with in recent years since it doesn't allow candle manipulation and also doesn't block your account if you earn significant gains from a tiny capital, which is really excellent because you can benefit from this platform. Lots of modest capital with no limits or reluctance to extract gains whenever you want.
    Zatek one, please accept my greetings.
  2. Actually, this is a terrific website. Excellent features, fantastic market analysis tools... Excellent customer service is provided at no cost.
    The service is excellent, and you will receive assistance quickly.
    ID: 12028066 BEST WISHES
  3. Quotex offers a contemporary and transparent trading platform with all of the features a successful binary options trader requires! Payouts and deposits are quick and simple, exactly like the trading process! Quotex makes it simple to trade short-term binary options by requiring only one click to initiate a deal. Most other brokers need you to confirm your trading selection with a second click. This is a fantastic broker, and I recommend that you all give it a go.
  4. It is a fantastic and trustworthy broker in the trading industry. Because of his efficiency and openness, I suggest him to everyone.
    Consumer tip: They like speed and do not cause difficulties with customers.
    Fast trading products were used.
  5. My name is Sunil Mandal, and I wrote a review on quotex after using it for 5-6 months. Quotex, in my opinion, is the greatest platform for binary trading, and its key advantage is withdrawal. You receive your withdrawal amount in 10 minutes, which is one of the nicest things about quotex, and there are also a number of promo codes that may help you book more profit. Also included is a risk-free promo code for loss recovery. You believe in it and use it for your trading book's daily profit.
    Thanks
  6. Hello, my name is Mohamed Abd alhalim, and I'd like to inform you about and evaluate Quotex broker. As a Quotex broker user, the interface is so fluid and easy to use that they provide you a lot of indicators and $10,000 in your trial account to practise and learn yourself. Everyone is aware of the payout, and I'd want to inform you that their payout is really rapid, and they have a variety of options for depositing and withdrawing funds; they provide payout in as little as 10 minutes. Because they are genuine and legitimate brokers. And I strongly emphasise that everyone must utilise this broker.
    Consumer tip: Everyone should use this broker since he is great.
    Trading products are used.
  7. My name is Mahmoud Elsayed, and I'll provide you with an unbiased assessment of Quotex. First and foremost, this is the greatest binary options trading platform on which to trade. The profit is really large, and you may change the $10,000 in the practise account to any amount you desire, as well as all of the tools you'll need for your analysis and more and more great stuff in Quotex. I recommend that you take a ride on it since I am confident that you will enjoy it.
    Consumer advice: Try it; it's extremely good.
    Binary options trading was employed as a product.
  8. Quotex, in my opinion, is the greatest Binary Trading platform.
    I generally trust Quotex.
    They provide a quick deposit and payment mechanism, as well as excellent customer service.
  9. I had tried a number of binary trading software. Quotex is the finest choice. It provides a lot of helpful information, the UI is amazing, and I've never had any problems with withdrawals or deposits.
    A deposit of at least $10 is permitted.
  10. The Quotex registration and verification procedure is simple and takes only one day. You may easily open many transactions, so use the UP/DOWN keys with caution. The smallest amount is $1, and you cannot trade for less than that amount, as you may on other platforms if your available balance is less than $1.

Top 10 Quotex Trustpilot Reviews

On Trustpilot, Quotex is marked as an unclaimed profile.

It has no history of soliciting feedback, and people use their own good judgement and evaluate on their own initiative.

  1. Excellent and dependable trading platform
    Very simple
  2. Quotex is the greatest binary trading platform available. You will be able to deposit and withdraw funds quickly. Their customer service is also excellent.
  3. Quotex is the market's greatest trading platform. It is extremely user-friendly, with no hidden fees and total transparency.
    Cons: There are none; it is simply the finest platform, and its competitors pale in comparison.
    Overall: Excellent experience.
  4. Hello to that Quotex firm
    One of the greatest binary options firms I've ever worked with.
    There are several benefits to using the platform, one of which is that you do not have to control the candles. Additionally, there are no limits on your account, regardless of how much profit you make.
    11325399
  5. Trading platforms are the greatest, but I recommend that you practise a lot before betting with real money. It's also simple to use and suitable for novices.
  6. Quotex is the most effective trading platform. It is simple to use and provides the greatest trading experience.
  7. This platform is fantastic.
    This platform is fantastic. I'll give it 5 stars if you keep doing what you're doing.
    Thanks
  8. Quotex is an excellent platform. This is what I'm doing. They give excellent customer service. Trading on the site is also incredibly simple and convenient. There are several indicators on the platform that aid in trading. Join the quotex platform as soon as possible.
  9. Quotex is the most impressive trading platform I've ever seen. In comparison to other brokers, we have the finest UI and the quickest withdrawal. I suggest it to everyone, and I also recommend it to others.
  10. I just made my first withdrawal. It was quick and simple. Bitcoin withdrawals were processed the same day.

Final Thoughts on Quotex Broker

Quotex is an interesting digital options broker with an easy-to-use web-based platform that provides a signals service and copy trading.

The brokerage boasts a minimal minimum deposit, no withdrawal fees, and an enticing 40 percent sign-up bonus. Many traders interested in digital options will be satisfied with the asset selection and ease of use of the interface.

Sites like Quotex

Here is the list of brokers where Indians can trade Forex, Shares, CFDs, and Cryptocurrencies (Bitcoin, Ethereum):

 

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Written by Swarna Shrivastav

Swarna ShrivastavI'm an investment banker. But I also write for, and fact-check articles published by ForexBrokers.co.in. Full Bio.

 


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