Quotex Review 2022 According to Traders Union

QUOTEX is an options trading broker that specializes in investing. The company was founded that year 2019. Its customers can exchange currencies, metals, oil, cryptocurrencies, and stock indices and earn up to 90% of the option means value.

QUOTEX has created a proprietary trading system that is simple to customize, includes 29 chart patterns, and accepts deposits as low as USD 10. The broker’s team is available to assist you at any moment. Clients’ personal and payment information is secured with two-factor verification. From quotex review and analysis, you can get the best tips for investments.

Details on Quotex

Quotex is a brand name of Awesome Ltd, a Seychelles-based corporation regulated by the Global Banking Market Relations Regulatory Centre.  In November 2020, the business received its registration as a registered broker. The brokerage aims to combine sophisticated tools with simple digital options offerings. Residents of the United Kingdom, Canada, Bangkok, and Germany have limited payment choices, however, er traders from those nations can open new accounts. You can also follow the binary options strategy.

Platform for Trading

After registering for a login, clients can access the internet platform and begin trading. Users only need to do the following after signing up and visiting the login portal:

Choose an asset – each component shows a percentage return on the investment (up to 98%) if you win the transaction. Choose an expiration period – options vary from one minute to 4 hours and can be perfectly alright to the minute. Set your capital investment – decide how much money you want to put into your market dominance.

Choose ‘Up’ or ‘Down,’ depending on which way you think the asset values will move by the expiry date. Traders can access the data in several graphs with timeframes ranging from five seconds to a day after choosing an asset.

The Quotex platform has nine indications that can be perfectly alright to your liking. There are also 15 drawing tools accessible to assist with estimates. Users can hide the indicator name or new information without losing their mark-up on graphs to keep the display tidy.

Clients can use copy buying and selling too quickly to imitate the methods of experienced traders. A leaderboard with the top 20 earners for that day is also displayed on the platform interface.

Trading with QUOTEX has several advantages:

 USD 10 is an affordable required minimum number.

There are no trading costs, as well as no fees for donations, withdrawals, or accounts.

Trading platform for binary options that is simple and easy to use.

QUOTEX’s disadvantages include the lack of leveraged trading;

There is no relevant international licensing;

On the website, there is no quality education or analysis techniques;

The deposit bonus is not refundable.

The trading gradually evolved never to include shares. Binary options strategy is also an advantage.

Type of Account

This broker offers a $10,000 demo available account that you can fill up at any time to practice trading and learn about the product’s features, as well as test your trading techniques without risking any money.

Then, when you’re ready to become serious about trading, you can change to actual trading mode, which requires only a $10 deposit and enables you to trade for actual cash.

Withdrawal and Deposit

Quotex offers a wide range of cash deposit options. Visa and MasterCard cards, electronic wallets such as Neteller, Skrill, Net banking, QIWI Mobile Payments, and bitcoins are all accepted for purchase and settlement.

Withdrawals and deposits are made quickly and to the same origin as the initial transaction unless the source of the second payment method is validated.

Quotes don’t Charge any Fees for Transfers or Deposits.

However, some payment methods may be subject to the burden placed by the payment processor rather than the service. Please keep in mind that some payment methods may not be accessible in your residential location, but crypto transactions are accepted worldwide.

Quotex’s Review Conclusion:

Despite being a newcomer to the sector, Quotex is a trustworthy and dependable broker that allows you to confidently trade a variety of assets using the electronic option. It is a clear, user-friendly, and modern trading system that enables access to over 400 alternative investments for all types of traders. Providing you with the best trading circumstances for digital options.