Binary options is an instrument that is related to financial field ! as known as little forex to speculate the market and predict the next move , with short timeframe traders from the world could access this instrument and be able to deal with the financial market in currency pairs or commodities and could make deals from 1 minute expiration up to 4 hours with a payout that varies from 70% up to 99% per deal.
The question is: How to operate on binary options ? Choosing the right binary options platform is essential for traders in order to start trading, as an intermediate between the client and the market ! in order to avoid any sort of scams or being in trap of unregulated ( non-license ) brokers that may cause issues in future use.
That’s why we came to introduce you the most-reliable and trust-worthy one that is Quotex Trading Platform and we are about to review it together.
What is Quotex Trading Platform ?
Quotex is a binary options trading platform that has been leading the industry over the past 4 years without any issues recorded from the millions of active users ! In this article we’re going to cover everything about this broker from how to use? to master this broker from A to Z.
Quotex Overview
As mentioned above that this broker is leading the industry! why?, Quotex is based on fastest servers that gives a real-time and no-laggy chart with instant execution of deals! in addition, the variety of tools providen to help the traders to make their analysis and execute their strategies.
In overview of the platform we could see how easy access to the platform and manipulations of the features !
Quotex Features
This trading platform offers a ranges of features that gives the easy-access as mentioned to the trader in order to start trading !
Chart Features
Expiration Time | 30 Seconds up to 4 Hours |
Investment Size | Fixed amount or percentage (Current Balance) |
Pending Order | Yes |
Drawing Tools | Over 20 drawing tools |
Indicators | Over 25 indicators |
Charts | Multiple types & timeframes |
Pair Informations | Checking pair informations |
Signals | Free signals feature |
Platform Features
As Quotex raises the bar to lead up and make the trader feel professional while trading. The platform has implemented more features for better control and suitable trading.
Quotex Accounts
As every trader have his unique trading style and strategy! Quotex offers a demo account and a real account for their traders.
Demo Account: This broker allows you to practice your strategy with $10,000 dollars account that could be reloaded at anytime with simple click to trade and be able to try and get used to the platform ( PS: Funds can not be withdrawn ).
Real Account: This broker allows you to enter the market and start making profits with your trades and could be funded at anytime with a variety of methods and the profits are eligible to be withdrawn.
Chart Costumization
Quotex has set a settings for each of her user, in order to make the chart more clear and better looking according to the trader and his needs!
In the settings ⚙️ ( Down & Left Corner) , we will find settings that gives you the options to change and customise the chart at your own taste.
Currency Exchange
Quotex Broker allows each trader and user to exchange the current currency to any other curreny by switching it from the account types menu ( upward – right corner )
Quotex Gift Codes
This broker implemented a gift codes known also as “Quotex Promocodes” feature for every trader to enjoy so many advantages that includes Deposit Bonus, Cashback Codes, Risk Free Codes etc…
In order to benefit from those codes you should follow Quotex social media accounts in order to actiavate one of those promocodes!
Quotex Signals
The best feature that exist and made this broker go viral among all is the signal feature, that gives real time and best performing analysis on the market in order to help new traders to take trades and help them to profit with detailed instruction with duration of trade and currency pair or cfd.
Quotex Security
This broker implemented an 2FA access in order to protect your account from spying, stealing, or other fraud issues, using the latest technology to prevent that, we can say “Quotex thinked about everything for our safety.”
Quotex Tournaments
To spice the competition and challenges, this broker set a tournament for ever of her users to be able to challenge with low entry fees and high rewarding prize pool for top traders and anyone could participate including FREE contests !
General Informations
This broker have general informations to know while trading such as limits of each trade, minimum deposits and maximum, the withdrawal and much more to explore!
Let’s kick off with the Quotex profile verification, as a trust-worthy broker ask from each trader and registered users to pass the verification process that is based on fulling a correct information of each individual like ( name, age, address etc..) , and will be verified with ID
Secondly after verification passed and document has been registered you are officially able to benefit from all features that this broker could offer! a general informations like down below will gives you much more to know about this platform.
Deposit Limits | Minimum : $10 USD Maximum : $54,000 USD |
Withdrawal Limits | Minimum : $10 USD Maximum : $50,000 USD |
Limit Per Trade | Minimum : $1 USD Maximum: $3000 USD |
Deposit Proccess Time | Instant |
Withdrawal Process Time | Within 24 Hours |
Quotex Funding
It’s important to know that funding methods are wide and quotex made them assembled together in order to make it more easier for a trader or the individual investor to fund his account with various methods of payments such as:
- Cryptocurrencies : Quotex accepts cryptocurrencies for deposit and withdraw funds ( over 20 cryptocurrency )
- E-wallets: Quotex accepts e-wallets such as Perfect Money.
- Bank Cards : Quotex accepts Debit/Credit Cards but they limited in deposit & withdraw.
PS : We recommend for all users and traders to use cryptocurrencies and e-wallets.
How to use Quotex?
Pretty simple to use Quotex as your trading broker for binary options instrument, with the following steps that we are about to provide it will be easier for you as investor to start with this broker!
Let’s kick off with Quotex Registration that is pretty simple to understand ! registration will require:
- Valid Email Address
- Valid Password
- Country of residance ( some are restricted )
- Prefered Currency ( Trades & Deposit & Withdraw )
Secondly, we are going to sign in into our created account, quotex login form is simple to understand and we’ve got kind of methods of getting into the platform!
It’s as easy as registration to sign in into our account with quotex login form we have the ability to access the platform with email & password also with google or facebook authentification method.
How To Use and Trade with Quotex?
Simple as it is, this broker works same as other binary options platforms, trader or individual investor will speculate the price and choose either upward move or downward move according to his analysis.
This short video down below, will give you a little idea about how this platform works and how to place a trade with choosing the timing of each deal and the investment size!
Country Restriction
Binary options is banned in some countries and as regulated broker, only few countries can benefit from this Quotex broker in Africa such as South Africa, Nigeria, Keyna, Ghana, Uganda, Botswana, Zimbabwe, Tanzania and Namibia.
In addition, Quotex works fine without any issues in Asia such as India, Singapore, Malaysia, Philippines, Pakistan, Bengladesh and Sri Lanka.
Quotex Strategies To Use
We’re going to cover the top 5 strategies on this platform to use. It’s highly recommended to make deep search about those type of trading styles to help to succeed and increase your win ratio over the binary options market.
- STRATEGY #1 : Support And Resistance Strategy
- STRATEGY #2: Fundamental Strategy ( News Trading )
- STRATEGY #3: Price Action Strategy
- STRATEGY #4: Pivot Lines Strategy
- STRATEGY #5: Breakout Strategy
every Strategy that is mentioned above needs a deep search. First, how to draw support and resistance and trade the rejections in order to spot the reversals.
Second, Analysing the news with the forecast to predict the high move and taking a trade with 1-2 minute while releasing the news following the trend of the current pair.
Third strategy is based on reading candlesticks and purely predict the next market move according to the candle tails and move between support and resistance and other candles.
Fourth, Pivot lines strategy is required to see pivots prices ( S1, S2, S3 ) for the support area’s and Resistance levels ( R1, R2, R3) of the pairs from here and place the tracement wih an horizental line and watch the market how he react in order to create your own trading style.
Finally breakout strategy that is based also on support and resistance as well as price action, trading breakout is easy and understanable to start trading with, based on breaking the S/R and trading the continuation.
Conclusion: To finish and to understand those strategies i recommend learning more about support and resistance ( S/R ) , price action and practicing a trading style that suits your learning.
Trading Quote By Experts:
You don’t need to be a market expert to start trading; you just need the right mindset and a willingness to learn.
Is Quotex a Scam ?
🗸 This broker is trust-worthy and reliable and trusted by million of users for trading binary options and we gurantee in this review that it worth trying and trading.
Quotex vs Other Platforms?
This broker as mentioned above in the review is raising the bar overall the other brokers and leading the TOP #1 in trading binary options, in addition, the features that exists are unique and available only at Quotex.
Broker Plaforms
Quotex Trading platform is available into various of platforms like Laptop/Desktop, Mobile Trading App, Tablets, and much more using the latest technology of integration.
Quotex Customer Support
It also have a team to resolve all the members and users that face problems on the platform at any case, tickets are solved in under 24 hours and it also helps us with some FAQ ( Frequently Asked Question ) to give the right answers for beginners into this platform.
In the final we thank you for your attention, i hope we’ve covered every detail and we wish you happy trading and let’s collect some profits !