Quotex.io Review
Quotex Review
Quotex is a broker that offers multiple banking methods, including binary and digital asset trading. Click here to read our expert review of Quotex!
What is Quotes? – Introduction to the platform
Sign up for an account with us! We give you everything you need to trade right away. To sign in, go to the login portal and follow these steps:
- Select an asset that interests you. Each tool displays a return on investment of up to 98% if your bet is successful.
- The time frame for your trade will be between 1 minute and 4 hours when selecting the “Start Time.”
- Pick your desired amount- You can choose how much capital you want to invest in this position; and whether it should be long or short depending on which direction they are going.
- Our calculators provide a variety of customizable tools you can use to make predictions. You just need to select an asset and the price list will be shown in real-time. You can also see a variety of charts for different periods of time, from five seconds to one day. The platform features 9 customizable indicators as well as 15 different drawing tools that can help when making predictions or picking just the right investments.
About Quotex.io
Quotes is a trading platform owned by Awesome Limited. It operates from Suite 1 on the second floor of Sound & Vision House in Malta, Francis Rachel Str., Victoria S-W 11120. ID number: 220444 (Maltese Financial Services Authority). The website’s services are not available to persons under 18 years old. Certain payment methods may affect traders in US and Canada but they can still deposit using cryptocurrency.
Key Features
- Minimum Deposit: $5
- Max Payout: Up to 98%
- Demo: Yes
- Regulated: Member of IFMRRC
- Bonus: Yes
The Platform
Quotex Trading is a trading platform with digital options. Digital options refer to trades that are based on simple up and down prices with predetermined costs and fixed outcomes. We offer an array of underlying assets for you to trade from.
You don’t need to download any additional software because the web-based platform is fully functional – it supports trading in stocks, forex brokers, commodities (things like oil), and some indices like the S&P 500.
The expiration time can be anywhere from 1 minute to 2 minutes, but for trading purposes the range is much higher and can be anything from hours to months.
Payouts
When it comes to the payout percentage, this will vary based on which asset you are trading in and how long your trade is. Returns may also change depending on what other people are doing- if most people are speculating in the same direction then your expected payout would be lower than someone who is taking a contrarian position.
Education
Quotes offers demo accounts that you can use to get familiar with the system. You’ll find guidance videos and market news there, too!
When you access the demo version, all you have are trading signals. The full-access account is required for more advanced features such as other types of content, automation tools and data feeds.
Mobile App
Quotes, in addition to its desktop platform, also delivers an android-based trading app. The app is fast, responsive and user-friendly with a straightforward interface that lets you do everything the web version does and follows the same process for finding markets.
Users have rated this product at an average of 3.6*, with the only drawback being that there is currently no version for iPhone or iPad users available.
Charts
One of the most noteworthy aspects of this trading platform is that it hosts a lot of indicators that are highly customizable by traders.Trading signals are also available for those investors with an account that has a live connection. The only downside is you need to have access to trading information and market news in order to see it all; so the charts can be limited without this service. One disadvantage of trading signals is that you need to have a live connection in order to access Trading Signals and Market News.
The Demo Account
The demo account offers a $10,000 tradable balance and full trading features in order to simulate how our platform works before investing your own money. However, there are certain limits on the information you can access because it’s still just a simulation of what the real thing is like.
Deposit, Withdrawal, And Bonuses
One of the many benefits of our quotes is that they can be paid for in a number of ways, including by credit card and cryptocurrency. Available within minutes, Quotes’ deposits are quick and easy. If you incur any fees from withdrawing or depositing money with us, we’ll also make the withdrawal back to your original bank account as well as some others like AdvCash and PerfectMoney.
In addition to credit cards and cryptocurrencies, we offer a range of deposit methods for fast transactions. They typically take just minutes! Quotes have no withdrawal fee, but there may be a withdrawal fee if you are withdrawing through an external bank (e.g., eWallet).
We take the safety of your money seriously, which is why we make withdrawal back to your originating account a default if they’re under one currency type. Plus, when you start depositing on our website? We might have bonuses available depending on how much money goes into it at first.
Innovative interface:
Quotex.io is a user-friendly trading platform that caters to traders of all levels and skills. Its conveniently organized design, as well as practical functions make it the best broker for any trader’s needs. You can also customize it in order to trade how you want with ease.
- Quotex broker offers 410+ different options for trading digital currencies
- 27 currency pairs and 15 major stock exchanges are included.
- You can also trade in Litecoin, Bitcoin, Ripple as well as commodities such as gold and silver.
Regulation and safety: How safe is Quotex?
Quotex Broker is licensed by the Center for International Financial Market Relations Regulation (IFMRRC), which means compensation fund members cover license violations or failure to pay.
The company is registered in Seychelles and regulated by the Center for International Financial Market Relations Regulation (IFMRRC) according to information on their website.
So the company isn’t registered by FSA, which means they are not listed among currency brokers. That’s not all though- given that IFMRRC is a self-issuing body without any regulatory power and cannot protect customer funds, we do not recommend dealing with SEYCHELLES brokers at all.
Quotex trading conditions for investors and traders
- 100% deposit bonus
- You do not need to make a deposit in order to receive a free demo account.
- Minimum deposit $10
- Minimum transaction size $1 Output: Up to 95% profit/transaction every 60 seconds. The most accurate and innovative trading signals with 87% accuracy allow you to create your own effective strategy
Trading account:
Quotex is a platform that’s comfortable and intuitive for all of its users. Quotex Trading has made great financial management features available, with lightning quick rates and an easy to use interface. With those two things in place, you can trade fast at this ideal trading site!
quotex.io offers an innovative way to trade your investments, with just one transaction! You can achieve your goals with these high-level investment opportunities that have a small fee per trade: $10 for beginners.
Payment methods:
To start trading with them, customers need a minimum of $10. Customers can deposit money using various methods like bank cards and electronic payment systems but there are no fees for deposits or withdrawals.
Withdrawing the minimum amount of money is $10, but it’s worth 50 dollars in Bitcoin. Usually, companies will ask for more verification from customers withdrawing more than a thousand dollars. They promise to make the payment on time with possible same-day processing if it’s available.
Transfers are completed between one and five days, typically no later than three business days for large transactions. For automatic transfers, this process may be faster still – some companies allow these if there is enough money available.
Fee structures:
Quotex Broker calculates the percentage of revenue for each product based on factors like liquidity, or when an economic event occurs.
For example, a EUR/USD exchange rate is currently offered at 80%, meaning that if you invest $1,000 and predict whether the value will be higher of lower in any given period of time, your return on investment would be 800%! We were happy to hear from a Quotes review that it does not charge fees for deposits or withdrawals.
Leverage offering:
We don’t currently offer leveraged investments, which can limit market entry for some beginners but also reduces the risk.
Mobile application
The broker offers this app exclusively for Android devices. Quotex and web will not be left behind either. Quotex iOS customers can now enjoy their own mobile app, which is under development as we speak! Customers who trade markets on the go have only a few taps to carry out trades. And Quote’s latest news? New apps for both iPhone and Android users are coming soon!
Test of the Quotes trading platform
Quotex is a platform which gives traders access to the foreign exchange market as well as indices; however, it does not offer many features. All of its functions are limited and trader’s have little control over their transactions. They can only choose from assets that are selected by brokers and set trading volume and time limits for them too.
How to trade with Quotes? – Trading tutorial
Type Quotes into the address bar, and click “enter.” The experience is user-friendly with fast trade time, no freeze or lag time, and you can replenish your 10 000 USD demo account when needed. With both live accounts there’s an equivalent experience: instant trades without a delay!
Follow these steps to open a trading account on Quotex.
- Sign up: Create a free account in minutes at Quotes
- Practice:
Make deposits and start trading with demo accounts and tutorials that teach you how to improve your trading skills.
Demo accounts – let you trade without risking real money.
Trading with a demo account is one of the best ways to keep your eyes on new products. It can be helpful for people who are unfamiliar with these types of digital trading and CFDs like Quotex binary options. A $10,000 demo account could give you access to various assets and other important instruments which will help you when logging into your personal broker’s platform!
For those who want to become experienced Quotex binary options traders, it is necessary for them to train and gain experience. One way of doing this is by linking all features on your interface with an account demo. There are many benefits that come from using an account demo, even if you’ve never shopped before-it’s helpful in understanding basic principles like buying digital options or testing different methods or strategies when trading as well as evaluating your intuition about what you think might happen next concerning price action during a particular asset’s performance.
Deposit and withdrawal – Ist it safe or not?
One of the most crucial things a broker needs to think about when they are dealing with funds is how those funds should be deposited and withdrawn. This company offers many different types of trading methods, and there are no fees.With Bitcoin, wire transfer to an account in another fiat currency (euros), or credit cards and electronic payment systems, the answer depends on where you live. Deposits and withdrawals are processed in the same way, depending on which trading method you selected.
Support and service
The support team deserves special mention. Every team member at this company is dedicated to their work. The customer service representatives are all multilingual and provide 24/7 feedback, which we’re very happy about! They’ve made an effort in the development process of our new platform. It lacks live chat or phone support, which are two important tools of good customer service.
Conclusion: Quotex is a new broker with potential – it’s not a scam.
Quotex.io offers a variety of trading assets, financial indicators, and tools to help you achieve excellent results in your trades. With complete access to the latest updates, Quotex bonus rewards for all users, and a team of supporters behind you every step of the way, it seems like trading on this platform is quick and efficient.
Traders can enjoy the following benefits:
- Traders have given feedback that is positive.
- This platform is user-friendly and fast, with no freezing or delay in trading – the minimum transaction size for trades is $1, deposit size is $5, and withdrawal costs are $5.
- Besides the variety of periods and indicators, you have access to a demo account with unlimited trades. We also do not charge any commission on deposits or withdrawals.
- It’s all done at no cost! You will be able to earn up to a maximum of 80% Quotex bonus during the training sessions, and you’ll also receive access to copy-trading if that’s what you’re looking for. We will be trading on weekends OTC.
- The interface is designed in a way that will reduce your stress levels when using the platform.
Disadvantages
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No leverage was provided
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Limited deposit and withdrawal methods in some countries
