Quotex Overview
Quotex is an online trading platform that offers a variety of financial instruments for trading, including forex, cryptocurrencies, stocks, commodities, and indices.
One of the key features of Quotex is its user-friendly interface, which makes it easy for traders of all levels to navigate and execute trades. The platform is web-based, which means that traders can access it from any device with an internet connection without the need to download or install any software.
Quotex also offers a range of trading tools and features, such as technical analysis tools, market news and analysis, and social trading, which allows traders to follow and copy the trades of other successful traders.
In terms of security, Quotex uses SSL encryption to protect traders' personal and financial information, and funds are held in segregated accounts to ensure they are kept separate from the broker's operating funds.
Company details
Quotex is an online trading platform that was established in 2020 by Awesomo Ltd, a company registered in Saint Vincent and the Grenadines. The company registration number is 25632 BC 2020.
Quotex is committed to providing a safe and transparent trading environment for its clients, with a focus on customer satisfaction. The company follows strict security protocols, such as SSL encryption to protect traders' personal and financial information, and segregated accounts to ensure client funds are kept separate from the broker's operating funds.
Quotex Regulation
If you want to invest in the financial markets or any type of financial product, I recommend using a regulated broker and platform. Watch out for reviews like this Quotex review. It is very important for investors to have high security when investing in financial products. In order to avoid a scam or fraud, you should choose a regulated Binary Options broker. Quotex is regulated by the International Financial Market Relations Regulation Center (IFMRRC) with the number TSRF RU 0395 AA V0161.
Regulation of Quotex (certificate)
Account Types
Quotex offers three types of trading accounts:
Here are the three types of real trading accounts offered by Quotex:
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- Basic Account: This account requires a minimum deposit of $10 and offers access to a wide range of financial instruments, including forex, stocks, cryptocurrencies, commodities, and indices. Traders can use leverage of up to 1:500, and there are no commissions or hidden fees on trades.
- Gold Account: This account requires a minimum deposit of $100 and offers all the features of the Basic Account, as well as some additional perks such as priority withdrawal processing, access to exclusive trading signals, and personal account manager support.
- VIP Account: This account requires a minimum deposit of $500 and offers all the features of the Gold Account, as well as higher trading limits, customized trading strategies, and other personalized benefits.
Traders on the real account can also access a range of trading tools and features, such as technical analysis tools, market news and analysis, and social trading. The platform provides customer support services via live chat, email, and phone to assist traders with any questions or issues they may encounter while trading.
Payment Method
Desposit
RoboForex offers a variety of deposit options for their clients to fund their trading accounts, including:
- Bank transfers: Clients can transfer funds directly from their bank accounts to their RoboForex trading accounts.
- Credit/debit cards: RoboForex accepts Visa and Mastercard debit and credit cards for deposits.
- Electronic payment systems: Clients can also use electronic payment systems like Skrill, Neteller, Perfect Money, FasaPay, and WebMoney to fund their trading accounts.
- Cryptocurrency: RoboForex accepts deposits in several popular cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple.
Since there are several types of fees that can be charged by a broker, we have explained everything here below.
Withdrawal
RoboForex offers several options for clients to withdraw funds from their trading accounts, including:
- Bank transfers: Clients can withdraw funds directly to their bank accounts. The processing time for bank withdrawals varies depending on the client's bank and location.
- Credit/debit cards: Clients can also withdraw funds to their Visa or Mastercard debit or credit cards. The processing time for card withdrawals is usually up to 3 business days.
- Electronic payment systems: Withdrawals can be made to electronic payment systems like Skrill, Neteller, Perfect Money, FasaPay, and WebMoney. The processing time for these withdrawals is usually up to 24 hours.
- Cryptocurrency: Clients can also withdraw funds in cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple. The processing time for cryptocurrency withdrawals is usually up to 24 hours.
Fees
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Fee type
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Purpose
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Charges
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Deposit fee
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While making a deposit into the brokerage account
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$0
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Withdrawal fee
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While withdrawing the funds from the Quotex account
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$0
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Transaction fee
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Any transaction like currency exchange
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$0
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Inactivity fee
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If the account is inactive for a certain time period
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$0
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Quotex Products Trade
Trading platform
Quotex offers a proprietary trading platform that is designed to be user-friendly and accessible for traders of all skill levels. The platform is web-based, meaning it can be accessed from any internet-enabled device without the need to download or install any software. Some key features of the Quotex trading platform include:
- Simple interface: The platform is designed with a clean and simple interface that is easy to navigate and use.
- Range of trading instruments: Quotex offers a range of trading instruments, including Forex, stocks, indices, and commodities.
- Trading tools: The platform offers a variety of trading tools to help traders make informed decisions, including market news and analysis, charts, and technical indicators.
- Option types: The platform offers several different option types, including High/Low, One Touch, and Range options.
- Mobile trading: The Quotex platform is also available on mobile devices, allowing traders to access the markets and manage their trades from anywhere.
On the platform, Chart options are located on the right side of your chart. You can also access market news and trading signals on the left side of your screen.
The following platforms can be used:
- Web Trading platform for a desktop computer or mobile devices
- Android mobile app (apk)
- iOS (iPhone), mobile app
Quotex Login : It's very secure and simple
To start trading, you must log in to the web platform or mobile application. You just need your email address and password. I recommend enabling 2-factor verification when logging in and withdrawing.
You will receive a security code via email or SMS. It's an important security feature and you should use it. The broker uses different URLs for its services:
- quotex.io
- quotex.com
- qxbroker.com
›Sign up for free with Quotex now!(Risk Warning: Your capital may be at risk)
Quotex Verification: What do you need and how long it takes
If you want to verify your account (you can trade without some restrictions), you must prepare some documents.
At first, you have to click on your personal settings and switch to the “Account” tab. Then, you press the “Upload Documents” button. You will need the following:
- Copy of the first page of your passport
- A selfie photo to regconize your identify
- Proof of current residential address for confirmation
Once you've done that, it will take about 2-5 days until Quotex completes the verification process.
Customer support
The website provides with 24 hours customer support through live chats to resolve issues as soon as possible, and users face fewer hindrances.
Email address: Support@quotex.io is available by the Quotex team for quick solutions to various users’ problems.
Conclusion
Quotex is a binary options trading platform known also as digital options trading platform with a fast, responsive, and user-friendly interface without any country restriction that can suit every trade with a possibility to customize every single part of the chart, in addition of the drawing and indicators tools and motivating payout! I found this broker with a good potential to try and stick with it! Feel free to comment on your experience with Quotex.
FAQ's
How long does it take to withdraw Quotex?
Withdrawals at Quotex are usually very fast. In most cases, the money will be transferred to the bank account within a day. However, traders should plan for a withdrawal time of 1 to 5 days, as it always depends on the chosen withdrawal method. Funds are returned using the same method they were sent to.
Is Quotex has an app ?
Yes, Quotex has an app available for Android and iOS users. It offers a user-friendly trading interface, available signals and indicators, and trades with a live or demo account. Therefore, trading on the go is quite possible.
Is Quotex available in the US?
Yes, Quotex is available in the US. But there may be restrictions on deposit and withdrawal methods as well as the verification process. Please check with the regulator in your country if it is available. The free demo account is definitely available to everyone.
Is Quotex safe?
Well, Quotex is definitely a good broker. I have been testing this platform for months and can tell you there are no problems with it. Profits can be very high with top 95%+ and you will get very fast execution of your trades. The software is working perfectly. Moreover, withdrawals are very quick and there are no fees for your payment transactions.