Quotex is an online trading platform that offers a range of financial instruments, including forex, stocks, commodities, and cryptocurrencies. It provides users with access to global markets and a user-friendly interface, making it a popular choice for traders of all levels of experience. With advanced security measures in place, reliable customer support, and a mobile app for trading on-the-go, Quotex offers a comprehensive trading experience for traders around the world.
Quotex Cetificate
Quotex is not currently regulated by any financial regulatory body. However, the platform is committed to ensuring the security and protection of user funds and information through advanced security measures, such as SSL encryption and two-factor authentication. Additionally, Quotex follows strict Anti-Money Laundering (AML) and Know Your Customer (KYC) policies to prevent fraud and comply with international laws and regulations. Despite not being regulated, Quotex strives to provide a safe and reliable trading environment for its users.
Regulation of Quotex (certificate)
Account Types of Quotex
Account Type
Minimum Deposit
Maximum Leverage
Spreads
Commission
Trading Instruments
Basic
$10
1:1000
Fixed
None
Forex
Gold
$100
1:500
Fixed
None
Forex, Stocks, Commodities, Cryptocurrencies
VIP
$1,000
1:300
Variable
None
Forex, Stocks, Commodities, Cryptocurrencies
Pro
$10,000
1:100
Variable
$2 per lot
Forex, Stocks, Commodities, Cryptocurrencies
Each account type has different benefits and features, with higher-tier accounts offering more trading instruments, variable spreads, and additional perks such as personal account managers and exclusive promotions. It is important for traders to carefully consider their trading goals and choose the account type that best suits their needs.
Payouts & Fees
The profit percentage associated with each instrument is set by Quotex and varies depending on factors like the liquidity of the asset, time of trade execution, and economic events. The maximum payout is 98%.
Quotex does not charge commissions on trading operations. The minimum trade size is $1.
Unlike any other broker you may come across, Quotex functions differently, which is why it has become so popular. Usually, the platform won’t charge fees during the transactions, which is why you won’t have to worry a lot about giving up the profits you have made, no matter how much you have gained.
Since there are several types of fees that can be charged by a broker, we have explained everything here below.
Fee type
Purpose
Charges
Deposit fee
While making a deposit into the brokerage account
$0
Withdrawal fee
While withdrawing the funds from the Quotex account
$0
Transaction fee
Any transaction like currency exchange
$0
Inactivity fee
If the account is inactive for a certain time period
$0
Quotex Products Trade
QUOTEX is a broker specializing in binary options trading. Its clients can trade currencies, metals, oil, cryptocurrencies, stock indices and earn a profit of up to 90% of the value of the option.
Trading platform
On the trading platform side, Quotex allows you to trade many underlying assets via this online trading platform. At this broker, digital options refer to binary Up/Down options, offering fixed profit or loss based on upward or downward price movements for each investment.
Quotex.io is a completely web-based online trading platform and you don’t need any software like Metatrader 4 or any other trading platform to trade. Simply connect to it from any device with a web browser, such as a computer, smartphone or tablet.
Quotex is designed to be an easy to use, intuitive platform and offers many indicator options like Bollinger Bands, Ichimoku Cloud and over 9 other trend indicators are available. This broker also puts at your disposal 15 oscillators such as MACD or RSI.
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
Deposit and Withdrawal
Quotex has made sure that the minimum deposit and withdrawal amount for all the payment methods explained above remains the same.
Quotex minimum deposit
Quotex minimum withdrawal
$10
$10 & $50 for Bitcoin
As for the maximum limit, the value isn’t declared yet because usually, it changes according to the payment methods. Apart from this, if you want to deposit in cryptocurrency, you need to buy tokens having a price worth the minimal amount. The total amount you have to pay for buying the crypto will vary from its type. The same needs to be followed for withdrawal.
Fees that can occur while making deposits or withdrawals from the account
Withdrawal Fees
$0 and equivalent
Deposit Fees
$0 and equivalent
No. The firm does not impose a charge for either depositing or withdrawing funds.
It is important to note, though, that payment methods can charge fees and utilize the domestic currency exchange rate
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
What is the minimum deposit to open an account on Quotex?
The minimum deposit to open a Basic account is $10.
Does Quotex charge commissions on trades?
No, Quotex does not charge any commissions on trades. However, the Pro account has a commission of $2 per lot.
What is the maximum leverage offered on Quotex?
The maximum leverage offered on Quotex varies depending on the account type, ranging from 1:1000 to 1:100.
Does Quotex offer a mobile trading app?
Yes, Quotex has a mobile trading app available for both iOS and Android devices.
Related brokers
Risk warning
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Market volatility and rapid changes in price, which may arise outside normal business hours if you are trading international markets, can cause the balance of your account to change quickly. If you do not have sufficient funds in your account to cover these situations, there is a risk that your positions will be automatically closed by the platform if the balance of your account falls below the close-out level (as shown on the platform).
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.