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Quotex Options: A Comprehensive Guide to the Digital Trading Platform

Quotex Options: A Comprehensive Guide to the Digital Trading Platform

Quotex Options is a reputable digital options broker that offers great services to traders.

Learn more about its features and benefits in this review.

Content

Quotex Options has become a well-known brand on the horizon of digital options trading. The trading community values its intuitive functionality and in-depth services. 

Let’s dive into further details about why it’s preferred among options traders. 

WHAT IS QUOTEX?

Quotex is a digital options broker founded in 2019 by a team of experienced developers. It operates worldwide and has a powerful trading platform. 

The team behind Quotex took the initiative of offering digital options trading to traders in 2019 and has managed to create its brand equity in just a few years.

The Quotex team comprises highly-skilled developers who are continually keeping the platform up-to-date with cutting-edge features – and that focus on functionality is what makes Quotex stand out. 

The company is registered in Saint Lucia under the ownership of Soft Horizon Ltd. It operates worldwide and is available in all countries except the USA, Hong Kong, Canada, and EEA. 

UNIQUE SELLING POINT OF QUOTEX

Quotex offers various unique features to traders, such as low minimum deposit, high maximum payout, diverse tradable assets, advanced charting, free trading signals, and a user-friendly interface.

Quotex comes with various unique features that make it attractive for traders:

  • Minimum deposit: You can get started with a minimum deposit of $10. This makes the broker widely popular for all audience types.
  • Payment modes: You can choose from various payment methods, including crypto, e-wallets, and bank transfer. 
  • Maximum payout: Where other brokers offer a max payout of around 90%, Quotex gives up to 98%. 
  • Tradable assets: The company offers various assets, including currencies, commodities, stocks, and cryptocurrencies.
  • Charting: The platform comes with great candlestick charts. You can apply different technical studies to them too. 
  • Trading signals: You can enjoy the trading signals services of Quotex at no extra cost. 
  • Interface: The platform’s interface is streamlined and easy to navigate. 

QUOTEX PLATFORM

Quotex is a web-based digital options broker that offers 400 tradable assets with fixed costs and two possible outcomes. 
You can trade indices, commodities, currencies, and cryptocurrencies with expiry ranging from one minute to one month.

The Quotex platform is purely web-based, so there’s no need to download anything. You can simply log in and start trading.

The broker offers digital options trading that comes with a fixed cost with two probable outcomes. There are no hidden fees and no surprises.

You have the choice to pick from 400 tradable assets, including indices like the S&P 500; commodities like crude oil, gold, and metal; currency pairs like EUR/USD; and cryptocurrencies like BTC and ETH. 

Quotex assets

The expiry for the options starts from one minute and goes up to one month. You can choose the expiry depending on your strategy. Some traders prefer scalping, while others look for swing trading. 

QUOTEX TRADING TYPE

Quotex offers simple and easy trading options with up and down buttons. You can also use pending orders to execute your trades at a specific price level.

The Quotex platform offers straightforward trading, with only up and down options to choose from. You have to predict the direction of the price, press up or down depending on your predicted direction, and wait for the option to expire.

You can check Quotex’s trading signals for a better idea of how the process works. 

You can also trade through pending orders, a feature that is usually unavailable on other digital platforms. Expert traders love this, as certain strategies can only work with pending orders.

Quotex pending order

QUOTEX PAYOUT

Quotex has a variable payout that ranges from 20% to 98% depending on the asset, expiry time, volume, and market sentiment. The average payout is around 80%. 

The payout for Quotex is variable. It depends on the asset, expiry time, and the volume. The minimum payout is 20%, while the maximum is 98%. However, the average payout lies around 80%. 

While some brokers may market payouts of crazy high numbers well over 100%, keep in mind that these are just marketing stunts. Quotex offers real opportunities for sizable payouts. 

Another key factor in the payout is the direction of max speculators. The reward increases in the opposite direction of max speculators. 

QUOTEX MINIMUM DEPOSIT AND WITHDRAWAL

Quotex supports various payment methods for deposit and withdrawal. There are no fees for deposit, and the minimum withdrawal is $10.

Quotex allows a range of payment methods for its traders. It includes all popular modes, including crypto wallets (stablecoins, BTC, ETH, and altcoins), e-wallets, debit/credit cards, and bank transfers. There are no fees for deposit.

Quotex payment methods

Your withdrawal method cannot be different from your deposit method. If you deposited using Binance Pay, for example, you can only withdraw through your Binance Pay. The minimum withdrawal is $10. 

QUOTEX BONUSES

Quotex offers deposit bonuses up to 35% depending on the amount of deposit. You can get a special 50% bonus if you sign up using our affiliate link.

A deposit bonus can help you earn more profit by enhancing your buying power. However, bonuses have certain terms and conditions for traders, so read them carefully before opting in. 

Quotex offers up to a 35% deposit bonus. The bonus offer depends on your deposited sum. However, if you sign up using our affiliate link, you will receive a special bonus offer of a 50% deposit bonus. 

Quotex bonus

At times, there are promo codes available. You can try searching for promo codes. Remember that such codes are available for a limited time. 

QUOTEX TRADEABLE ASSETS

Quotex offers a wide range of trading instruments, including currencies, stocks, indices, commodities, and cryptocurrencies. You can choose the assets by clicking on the plus icon in the top left corner. 

Quotex offers a huge list of trading instruments. Regarding forex pairs, you can also trade major pairs, crosses, and exotics. You can also trade commodities like gold, silver, crude oil, and Brent oil. 

Cryptocurrencies are also available on the platform, as well as US stocks and indices. There are plenty of trading options to satisfy every type of trader, and Quotex is continuously working to add more underlying assets.

You can access the possible assets by clicking on the plus icon around the top left corner. 

Navigating the asset list

Here’s list of assets available:

CurrenciesStocksIndicesCommoditiesCryptocurrencies
EUR/USDBoeing CompanyDAXGoldLitecoin
GBP/USDIntelDow JonesSilverBitcoin
AUD/USDJohnson & JohnsonNikkei 225US Crude oilEthereum
NZD/USDMcDonald’sNasdaq 100UK Brent oilRipple
AUD/USDMicrosoftS&P 500
USD/CADFacebookASX 200
USD/JPYPfizer IncCAC 40
USD/CHFFTSE 100
EUR/JPYItaly 40
EUR/CADEURO STOXX 50
EUR/AUDFTSE China A50
EUR/NZDHong Kong 50
EUR/GBPIBEX 35
GBP/JPY
GBP/AUD
GBP/NZD
GBP/CHF
EUR/CHF
GBP/CAD
CAD/JPY
AUD/CAD
AUD/JPY
AUD/NZD
NZD/JPY
NZD/CAD
CHF/JPY
CAD/CHF
AUD/CHF
NZD/CHF
USD/BRL
USD/INR

QUOTEX MOBILE APP

Quotex’s mobile app allows you to trade digital options on your smartphone or tablet. You can access all the main features of the platform with a single Quotex login.

Today is the era of smartphones. The use of computers is gradually being replaced by phones and tablets. Quotex grabs the attention of users who love trading services on the go. 

With the Quotex mobile app, you can access all the primary features like deposit, withdrawal, trading, contacting support, etc. using a single Quotex login.

Quotex mobile app interface

QUOTEX DEMO TRADING

Quotex offers a free demo account with $10,000 in virtual money. You can use the demo account to learn and practice trading strategies without risking real money.

Not every aspiring trader can start trading with real money, especially if they haven’t yet tested their strategies. Quotex offers a demo account to learn and practice trading strategies and sharpen trading skills. 

You get instant access to the $10,000 demo account when you create your account. The pricing and other features are the same as the real money account, so you can experiment in a realistic setting.

QUOTEX CUSTOMER SUPPORT

Quotex provides fast and reliable customer support through its social media accounts and ticket support system. Quotex aims to resolve customer issues within 24 hours.

Responsive customer service is an absolute must for most traders.

Quotex offers instant support through its Telegram and other social media accounts. There is also a ticket support system where you can create requests and track the response. Usually, concerns are addressed within 24 hours. 

QUOTEX PROS AND CONS

Like any broker, Quotex Option has some advantages and disadvantages that you should consider before trading. Let’s examine some of those pros and cons in detail. 

Pros

  • The minimum deposit is only $10.
  • You get access to trading signals.
  • The payout ratio is up to 98%. 
  • You have a chance to win prize money from tournaments. 
  • The minimum trade size is only $1. 

Cons

  • Some countries are not supported. 
  • Only up/down options are available. 

BOTTOM LINE

Quotex is a reliable broker with plenty of unique features and a variety of tradable assets. 

Traders can learn and practice on the demo account, and once they are ready, they can start real money trading.

There are plenty of deposit and withdrawal options available, and customers can rest assured that Quotex has a dedicated support team to address any concerns that may arise.