Reviews
| IFMRRC (License number TSRF RU 0395 AA V0161) |
| Stocks, currency pairs, commodities, indices, cryptocurrencies |
- Easy and interactive interface of the online platform
- Minimum deposit free
- No withdrawal fees
- Use of 19 different languages for global access
- Boundless trading signals
- Copy Trading functions
- 40% deposit bonus (Terms & Conditions)
- Quick access to a demo account
- Restricted leverage margin to the online traders
- Mobile apps are incompatible with Apple iPhones and Tablets
- The working hours are quite different for US clients
Quotex Overview
Quotex.io is a relatively new broker which has quickly established itself as one of the leaders in the field of digital options, it operates under the name of Awesomo Limited and started their activity in 2019. The main objective of the Quotex.io broker is to make online trading as easy as possible. It is an award-winning, transparent, intuitive and modern trading platform recognized by industry experts and developed by developers with over 10 years of experience.
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 provides a free $10,000 demo account for practice and live account for every trader who signup as default, in addition, this platform beat the odds and put 3 account levels for every trader like the following:
- Basic Account: Basic Payout up to 85% in all available assets
- PRO Account: +2% on all available assets
- VIP Account: +4% on all available assets
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
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
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.
