Quotex Broker Review (2023) ++ Scam or not? | Real test
QUOTEX BROKER PLATFORM TRADING
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Quotex is a binary options broker. Founded in 2020, providing market signals and trading simulators on a custom web platform. Our review explains how to start trading with Quotex, including deposit and withdrawal procedures. customer support and welcome bonus
Quotex is a trademark of Awesomo Ltd, a Seychelles company regulated by International Financial Markets Regulatory Center (IFMRRC) . The company was certified as a licensed broker in November 2020. The brokerage firm is working to integrate powerful tools into simple digital options products.
Payment options for residents of the United States, Canada, Hong Kong or Germany are limited to cryptocurrencies. But sellers can open accounts in these regions. Is it worth investing your money there? – Find out in our Quotex review.
What is behind Quotex.io? – Company overview:
Quotex is a trademark of Awesomo Ltd, a Seychelles based company regulated by the International Financial Markets Regulatory Center (IFMRRC). The company was certified as a licensed broker in November 2020. The brokerage is working to integrate powerful tools with simple digital options products Payment options for residents of the United States, Canada, Hong Kong or Germany are limited to cryptocurrencies. But sellers can open accounts in these regions.
Watch our full video review:
- New Online Broker Established in 2020
- Offers cryptocurrency trading
- offer binary options
- User Friendly Trading Platform
- based in seychelles
(Risk Warning: Your capital may be at risk)
What is Quotex? – Introduction to the Platform
After registering an account Clients will be able to access the web platform and start trading. Through the login portal, users must:
- Choose an asset Each instrument shows a return on investment of up to 98% if you win trades.
- Choose the start time - the time you can set in 1 second is from 1 minute to 4 hours.
Enter your investment amount – select the amount of capital you want to invest in your market position. Select "Up" or "Down" depending on the direction in which the asset price will end.
When you select an asset Price lists are displayed in real time. And traders can view the data on multiple charts on time intervals ranging from 5 seconds to 1 day. The Quotex platform has 9 indicators that you can customize to your liking. There are also 15 drawing tools to help with predictions.
Clients can implement copywriting strategies and repeat successful sellers with one click. The platform's interface also lists the top 20 players for the day. The terminal also contains market signals. Analyst recommendations for assets, price directions and lengths that consumers can choose from and offer more underlying trading styles.
Note: The broker does not offer MT4 or MT5 platforms.
Innovative interface:
The Quotex.io team knows how good you are as the first judge. How smart are you? This is why the trading platform is easy to use and suitable for professionals. The broker has arranged the most important and effective trading elements. Practical functions. As a result, they provide traders with the best role in financial management. You can also customize it to fit your trading method.
- Quotex offers over 410 trading options for digital options.
- Currencies-27 currency pairs, from largest to rarest.
- Crypto-Coins from Litecoin, Bitcoin, Ripple and Ethereum
- 15 major stock market indices including the FTSE 100 and the Dow Jones
- Commodities - Gold, Silver, Oil and other popular energy and metals.
in our review We are delighted to see cryptocurrencies being offered as assets in digital options. Although the market is still narrow compared to traditional online broker .
(Risk Warning: Your capital may be at risk)
Regulation and Security: How safe is Quotex?
Quotex is authorized by the Center for International Financial Market Relations Regulation (IFMRRC). The agency's regulations include a member compensation fund that refunds clients for license violations or failure to pay.
According to information on the website Awesomo Limited, the company that owns and operates the website. Registered in the Seychelles and regulated by the International Financial Markets Regulation Center (IFMRRC).
However, it seems that is not the case. This is because the company is not listed in the Register of the Seychelles Central Bank (FSA), which regulates the activities of currency brokers. Secondly, the IFMRRC is a self-issuing body rather than a statutory fiscal regulator. Therefore, it has no control over the work of the recruiter. We do not recommend dealing with brokers in Seychelles. Because there are insufficient measures in FSA regulations to protect client funds.
Brokers in this jurisdiction are required to have at least $50,000 of capital which can deter scammers as they do not invest too much money to appear legit. And the client's money will not be segregated from the broker.
A distinction between client funds and broker funds can be found in some stable jurisdictions such as the United States, the European Union and the United Kingdom. Other measures also include negative balance sheet protection. Regular transaction reporting and regular internal and external audits. The amount required in the form of initial capital is also much higher. In the USA it is $20 million and in the EU and UK it is €730,000 if you choose to do business with an EU broker or a UK account. You can rest assured that there are winnings and systems. Available for your broker to be compensated in the event of bankruptcy.
UK brokers are regulated by the FCA and participating in the Local Compensation Service for Financial Services can offer up to £85,000 each to reimburse clients in the event of bankruptcy. EU brokers must participate and make local contributions to compensate investors. by paying up to 20,000 euros per person
as you can see These deals are excellent trading conditions. Because Seychelles offshore brokers are unmatched.
record:
- Quotex is not regulated by an official financial authority.
(Risk Warning: Your capital may be at risk)
Quotex Trading Conditions for Investors and Traders
Products at Quotex include:
- 100% deposit bonus
- Free demo account without digital deposit (binary options)
- Minimum deposit $10
- $1 min transaction size
- Profit/transaction up to 95% every 60 seconds
- The most accurate and innovative trading signals with 87% accuracy allow you to build your own effective strategy.
- Great opportunity for beginners with just one click. You can copy the business of the most successful traders and follow their professional example.
Quotex strives to create a comfortable environment for users of all platforms and has implemented the best financial management features. The fast quote update rate and interface make the platform convenient.
It is an innovative online investment platform! You can achieve your financial goals with this innovative digital trading platform! Quotex-Binary Options (Digital) Online Investment Platform can start with a very low minimum deposit of $10, so it can be used by all clients. Including beginners!
Trading account:
Quotex only offers one trading account. Consumers have access to digital complementary products. customer support and full promotion Accounts are available in US dollars, euros, rubles, Ukrainian hryvnia. and the Brazilian Real Using the account is quick and easy to get started. But in our review We want to review the account level so experienced traders can use the add-on in exchange for high volume.
Payment method:
Traders can start with a deposit of at least $10. Clients can deposit using bank cards. digital currency or electronic payment systems and the company does not charge any fees For deposits or withdrawals
The minimum withdrawal amount is also $10, but for Bitcoin it is usually $50. No additional verification is required. But the company can request large transactions. The withdrawal period is 1 to 5 days, however, the Company will attempt to make payment on the day of the withdrawal request.
Fee structure:
The percentage of revenue associated with each product is determined by Quotex and depends on factors such as liquidity of the asset and delivery of trade and economic events. For example, the EUR/USD exchange rate is currently quoted at 80%. $1000 and accurately predicting the price movement during the selected period will earn $1800 in this transaction. We are glad to hear from the review that Quotex does not charge deposit and withdrawal fees.
Leverage Offer:
Quotex currently does not offer leveraged investments. This can limit market entry for some beginners. But it can also reduce losses.
mobile application
The broker currently only offers mobile apps for Android devices, however, their web platform can be accessed from any browser. Including mobile phones, an iOS mobile app is under development. Clients can follow the market and execute trades using just a few cranes. In addition, Quotex will launch more mobile apps in the future.
(Risk Warning: Your capital may be at risk)
Testing the Quotex Trading Platform
Quotex trading software is an easy to use and affordable platform. but with limited functionality The trading instrument is foreign exchange. digital currency commodities and indices, based on information in the company interface. Traders have very little control over transactions. The broker chooses interest assets. Set the trading volume and closing time and make predictions according to the schedule.
See screenshots of the trading platform:
Traders can choose their trading products by clicking on the top left corner where the symbol EUR/USD is visible. The platform does not provide sell/sell prices to determine the spread. The leverage effect is unknown. The seller has two options. Up, down and sell now or later.
with binary options Are you investing in rising or falling prices? The price must be higher or lower than your strike price after the expiration time. no matter where the price moves It is important that the price is lower or higher than the strike price in order to earn up to 90%+ profit.
(Risk Warning: Your capital may be at risk)
Convenient trading interface
The broker has created the most important interface - the simplest and most convenient that does not distract from trading.
integrated signal provider
Think about your strategy. The most accurate and creative signals with 87% accuracy will help you build effective strategies.
trade indicators
The site has compiled the most useful trading indicators. Used to fund your account
Copy trades of experienced traders
The best way to grow is to learn from the best! Use the best trading strategies on the platform with just one click.
suitable speed
The platform makes use of the latest technology and delivers incredible speed.
Training with big traders
Great opportunity for beginners - just one click away. You can copy the business of the most successful traders and follow their professional example.
Quotex Bonus
The broker offers its clients bonus payments. It depends on the promo code. The bonus can be 10% -80% of the deposit amount. You will receive a welcome bonus of 80% for the first deposit of $100.
This is a great incentive and a great way to increase your original trading capital. Brokers can also offer new stocks and offers to experienced traders. Visit the Quotex website for the latest information. And always check bonus conditions before trading.
Bonus funds are fully calculated and can be withdrawn into real funds. to do this You must make the trading volume 100 times the bonus amount. If the funds were withdrawn before the bonus was processed. will be canceled and deducted from your account. Therefore, it is best to take bonuses where possible. There is no loss. In addition, the broker does not charge any transaction fees. Fees can only come from payment systems.
(Risk Warning: Your capital may be at risk)
How to trade with Quotex? – Trading exercises
Quotext's broker offers a demo account. You don't need to register to trade with a demo account. And you can try out the platform yourself. Just click on the tab. “Open a demo account” and move to the Quotex trading platform. The Quotex trading platform is fast and easy to use. Trades open almost instantly and you won't experience any interruptions or delays. You can top up your demo account with 10000 USD again. Both real accounts offer users a similar experience. no difference
The company offers binary options on 49 trading instruments, including four commodities and four crypto assets, with returns below 30%. The 13 stocks also have a very low payout ratio of about 45% when tradable. in most cases Stocks are offered as over-the-counter instruments with a 93% yield. Pairs and currency trading can also be done at night, however, it is better to avoid OTC assets.
Therefore, Quotex trading offers binary options for more than 28 currency pairs with an average return of seventy-eight to eighty percent. up to eighty seven percent The minimum trade for binary options is $1. Binary options have expiration times ranging from one minute to four hours in increments of one second.
The trading platform offers 14 different chart periods and a sufficient number of trading indicators for twenty-four technical analysis sessions. This platform provides free signals for binary options trading. But it's best not to use them. The source of these signals is unknown. The trading platform works very quickly and is not recommended for use.
How to open a trading account on Quotex
Start trading by following the three steps below:
1. Register
Open an account with Quotex
Open a free account in minutes.
2. Practice
- Improve your skills with a demo account and tutorials.
- Deposit money and start trading
- 410+ instruments and $5 minimum deposit for the best deal.
(Risk Warning: Your capital may be at risk)
Demo Account Trading – Quotex offers a free demo account.
The broker offers a $10,000 demo account to practice using the web platform and digital options products. Display account holders have access to assets. trading tools Wide range of signals and indicators For customers new to digital alternatives The demo account is a good way to see how the simple product works.
It takes practice to become an experienced and effective binary options trader. And if you link all the features of the interface to your demo account. You too have a great opportunity to improve. It's still useful whether you've shopped before or not. A demo account allows you to study all the features of the platform. Understand the basics of trading Practice buying digital options Test methods and strategies or assess your intuition
Free demo account and offer virtual money deposit to practice. in case of shortage You can fund directly with no restrictions. And if you think you are ready to start trading with a real account? The registration process is easy. And the minimum deposit amount is $10.
Deposits and withdrawals – is it safe?
The mode of deposit and withdrawal is undoubtedly one of the most important. Every broker is worried. The company does not charge any fees and offers a wide range of trading methods. This generally depends on the country of origin. But they can generally be divided into three groups: bank cards and electronic payment systems and cryptocurrencies. Account withdrawals are made in the same way as deposits according to the previously selected trading method.
It takes 1 to 5 days to withdraw funds from Quotex and may require an ID. The minimum deposit and withdrawal amount of the Quotex broker on the platform is five dollars. according to verified traders You can withdraw cash without any problem.
Deposits and withdrawals can be made in one of the following ways:
- Visa / MasterCard / Maestro Debit Card;
- Electronic payments such as Advcash and Perfect Money
- Crypto coins include Bitcoin, Litecoin, Ethereum, Ripple, Zcash and USD Tether.
(Risk Warning: Your capital may be at risk)
support and service
It's safe to say that our support team deserves a special mention. All support staff support their work. With fast multilingual feedback 24/7 and a sincere desire to help us. We are moving towards alternative platforms. They will do their best for your enjoyment. Unfortunately, the support and service are not the best due to the lack of phone and live chat support.
Conclusions in our Quotex Review: Potential New Broker – Not a Scam
The Quotex.io platform offers trading assets. Wide range of financial indicators and tools and adjusting charts to show great results. Quick update of prices Team support, bonuses, etc. Summarizing all the advantages of an efficient and user-friendly environment for all users, Quotex.io has created a complete platform in principle to enjoy the trading process.
Traders can enjoy the following benefits:
- Most of the positive feedback comes from the first traders.
- Easy to use and fast trading platform without interruption and delays.
- Minimum transaction size ($1), deposit ($5) and withdrawal ($5).
- Highest and highest average profitability of binary options for currency pairs.
- Various chart periods (14) and trading indicators (24).
- Unlimited free demo account
- No commissions on deposits and withdrawals.
- Trade 24/7 (OTC, Weekends)
- up to eighty percent bonus with training opportunities
- Your own internet platform with a user-friendly interface.
- Low minimum deposit and no withdrawal fees.
- Copy-trading. How it works.
weakness:
- No leverage provided
- Limited deposit and withdrawal methods in certain countries
(Risk Warning: Your capital may be at risk)
Quotex.io Review
summarize:
Quotex is a new online broker with great potential. It is worth trying out this platform.
FAQ – Frequently Asked Questions about Quotex :
Where is Quotex regulated?
Quotex is regulated by the International Financial Markets Regulatory Center (IFMRRC). This currency authority allows traders access to compensation funds if the broker fails to pay their earnings.
What platform does Quotex use?
This broker has its own trading platform which offers a comfortable operating experience. These include copying crafts, signal services, indicators and other useful tools.
Does Quotex have a demo account?
Clients have access to a $10,000 demo account. This environment allows users to practice trading digital options and familiarize themselves with the interface before investing real money.
What is the minimum deposit amount for Quotex?
Clients can start trading on Quotex with an investment of at least $10. Traders can deposit funds in multiple currencies depending on their account opening criteria.
How can I withdraw funds from my Quotex account?
Investors can request withdrawals to their online accounts at a minimum price of $10 or $50 per bitcoin. The withdrawal period is 1-5 days and the amount is returned via deposit method.
Is Quotex investment platform a legitimate broker?
Quotex is not the only legitimate broker. But it is also known as one of the best trading platforms worldwide. You can trade stocks and cryptocurrencies on the Quotex platform. Quotex charts are always up to date. You won't have any problems. about withdrawal And their customer service is very good.
What is Quotex Trading?
Quotex is a binary options trading platform that was established in 2019. Quotex traders can trade metals, stock indices, oil, currencies and cryptocurrencies and earn up to 90% of the value of their options.
Does Quotex provide withdrawal options?
Quotex offers various payment options for withdrawing funds from quotex wallet. The withdrawal process aims to be completed within 48 hours. It will depend on the payment platform and the time it takes to clear the payment to your bank account. There are four types of payment methods:
bank cards
, banks
, electronic payments.
digital currency
Is Quotex available in the US?
Quotex ranks among the best binary options brokers for trading digital options in the USA. It is available through the mobile platform's application or the official website.
(Risk Warning: Your capital may be at risk)
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