Qutoex is a broker specializing in digital options (binary options).
You can access the trading platform directly in the browser window of your desktop computer; there is no software to download and install. This in turn means that it doesn´t matter if your computer is using Windows or not, and you are not tied to only using a specific computer for your trading.
Quotex is also available for mobile touch-screen devices – smartphones and tablets – and for these there is an app to download. The app is easy to use and offers the same functionality as the desktop browser platform.
The smallest trade size with Quotex is just $1 and the smallest permitted deposit is $10. In addition to accepting deposits in U.S. Dollars, Euro and British Pounds (Sterling), Quotex also accepts the cryptocurrencies Bitcoin and Ether (Ethereum).
Sign-up for a free Demo Account
Before you decide if you want to make first deposit, it is a good idea to take advantage of the free Quotex Demo Account. This way, you can check out the platform and what this broker has to offer before you make a decision. Qutoex is confident in their offering and will fill your free Demo Account with $10,000 in play-money so you can make play-money trades in your Demo Account and really get a good feel for how the platform works. The Demo Account is also great for trying out trading strategies risk-free and playing around with the trading tools.
Important: With a Demo Account, you will not get access to news, trading tips and certain other information.
At Quotex, you can use their financial products to get exposure to a wide range of underlyings, including stocks, commodities, forex, cryptocurrency, and indices.
When it comes to stocks, the assortment covers stock exchanges from various parts of the world, including Nasdaq, Euronext, The London Stock Exchange, The Australian Securities Exchange, Borsa Italiana, The Hong Kong Stock Exchange, and Japan Exchange Group. There is also plenty of stock indices to chose among, including DJIA, S&P 500, FTSE UK, IBEX 35, CAC 40, DAX GER 40, and the Hang Seng Index.
When it comes to currencies, the collection includes over 20+ foreign currency pairs and also a nice choice of cryptocurrencies which includes both BTC, LTC, ETH, and XRP.
Quotex makes it easy to speculate on the price movements of commodities, including energies and metals. You can for instance speculate on oil, gold and silver.
The shortest lifetime is just 5 seconds. Most of the digital options are available at intervals ranging from 5 seconds to 4 hours. Some can be set to have a longer lifetime, up to a month or (in some cases) even longer.
What is the minimum trade?
The minimum trade is $1.
The payout percentages vary, chiefly depending on underlying asset and the lifetime of the option. Existing trade information can also influence the payout; if you take a contrarian view (compared to a large portion of the traders) you can expect the option to pay out a higher percentage if it pays out.
The highest possible payout is 98%.
Charting and technical analysis
Tools for charting and technical analysis are built into the trading platform. The charts can be adjusted and the indicators (around a dozen are included) can also be tinkered with to better fit your needs.
Trading signals are integrated into the Quotex platform.
Market news are published on the platform.
Deposits and withdrawals
Quotex accepts deposits in USD, EUR and GBP, plus the cryptocurrencies BTC and ETH. For traders in certain countries, only cryptocurrency deposits and withdrawals are possible.
The minimum deposit is $10.
Quotex does not charge deposit fees or withdrawal fees.
Examples of accepted transaction methods are major credit cards (including VISA, MasterCard and Maestro), Wire Transfer, Bitcoin transfer, Ethereum transfer, and an assortment of e-wallets/solutions such as ADVcash, Doku Wallet and Perfect Money.
At Quotex, a wide range of currencies from around the world are available as account currencies.
If you are already logged into the platform, go to the Support section.
If you don´t have an account or have trouble logging in, go to the official Quotex site and use the form to contact the support.
Quotex Standard Account: Yes
Demat Account: No
ECN Account: No
DMA Account: No
LAMM Account: No
PAMM Account: No
STP Account: No
Ethical Investment Account: No
Islamic Account: No
This broker is owned and operated by Awesomo LTD, a company based in the Seychelles. The Seychelles is not considered a top-tier authority when it comes to retail trader protection. It has become common for binary options brokers to be based in this type of more permissible countries, as the more stricter countries have banned or strongly limited the sale and distribution of binary options to retail traders.
Awesomo LTD company ID: 22 10 42
Awesomo LTD address: Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles
Awesomo LTD is a member of The International Financial Market Relations Regulation Center (IFMRRC). This is not a well-known official regulator.
Questions and answers
Is there a welcome bonus?
Quotex does not advertise any welcome bonus, but sometimes a new sign-up who is already in the process of making a first deposit will be offered a welcome deposit bonus. Getting a 30% bonus on your first deposit is fairly common.
Will I have negative balance protection when using Quotex?
No, this is a not a risk-management service offered by Quotex.
Is Quotex a Market Maker?
No, Quotex is not a Market Maker.
Is Copy Trading available?
Is Auto Trading available?
Does Quotex offer VPS hosting?
No, Quotex does not offer Virtual Private Server (VPS) hosting.