Quotex

5.0/5

Registration
Min deposit$10
Min trade$1
Proffit96%
Bonus100%
Demo accountYes
Foundation2020
Deposit 5.0
Withdrawal 5.0
Offer 5.0
Support 5.0
Platform 5.0
Return 5.0

Quotex Review:

The Quotex broker: a promising newcomer

Quotex is a new digital options broker for investing in more than 100 markets. The platform was founded in 2020 and is managed by the Quotex LTD. with the address 03 Sham Peng Tong Plaza Victoria, 1, Mahe, Seychelles where you will find the headquarter of the company. It is a typical offshore broker which accepts all type of clients. You can trade on the markets by getting a high yield of up to 95% That means you invest $100 in a rising EUR/USD chart and if you are right in a certain time period you will earn $195. Later I will go into detail to show you how exactly it works.

The broker presents a newly developed trading platform and software. The platform is available for desktop and mobile devices. The company is active in more than 20 different countries and offers support in different languages. There is not so much information about the company on the internet, because the broker is very new. But the first impressions for me are quite good. Quotex has good offers for clients and investing in the markets.

Is Quotex a regulated broker? – Regulation and security

If you want to invest in the financial markets or any type of financial product, I recommend using a regulated broker and platform. It is very important for investors to have high security when investing in financial products. On the internet, you will find a lot of frauds and scams when it comes to Binary Options trading. In order to avoid a scam or fraud, you should choose a regulated Binary Options broker.

From my experiences, Quotex.io is a safe and secure online broker. I tested the platform several times and it is my main trading broker. Deposits and withdrawals of money are working very fast. Quotex is regulated by the International Financial Market Relations Regulation Center (IFMRRC) with the number TSRF RU 0395 AA V0161. Click on the number to see the license.

The FMRRC regulation is not a regulation of an official finance authority, it is an international and independent regulator. In addition, Quotex is an official company by the company ID: 226716. It seems that Quotex is a safe broker for investing. I also searched about negative comments about this trading service and I could not find any negative reviews about this broker. Furthermore, only secure and regulated payment methods are used for deposits and withdrawals. All in all, I can say that Quotex is a secure broker for online investments by using digital options.
  • Regulated by the IFMRRC with the number TSRF RU 0395 AA V0161
  • The official company number is: 226716
  • Safe and secure website/platform
  • 2-factor authentification is available
  • Secure payment methods

Review of the Quotex trading conditions and offers:

With Quotex you can invest in the financial markets by using Binary Options (a form of digital options). The technique is quite simple, you just have to make a correct prediction of a price movement in a certain amount of time (expiry time). The conditions for traders and investors have to be checked for signing up with any broker. For example, it is very important for a binary trader to get the chance of high yields in assets by the broker.

Furthermore, it is important which offers, bonuses and assets are available. In my Quotex review, I checked every detail and will show you the results.

Quick facts about the offers:

  • Minimum deposit $ 10
  • Minimum trade amount $ 1
  • Trade forex, commodities, cryptocurrencies, and stock indices
  • Yield per trade up to 95%+
  • Expiry time from 60 seconds up to 4 hours
  • Bonus up to 100%

Quotex minimum deposit and trade amount: How to start investing

When you want to start with Quotex you have to deposit at least $ 10. The minimum deposit is $ 10 but can varify by the deposit methods. There are different payment methods available which are depending on your country of residence. For example, traders from Europe can use other payment methods than traders from the USA. The minimum deposit is very low compared to other online brokers. It is easy to start with $ 10.

Also, the minimum trade amount is only $ 1. You can start trading with small amounts of money. I recommend it for beginners to just start with $ 1 and see how it goes. If you do not want to invest real money directly you can use the free demo account filled up with $ 10,000.

Assets and markets

Quotex offers to trade:

  • Currencies (forex)
  • Cryptocurrencies
  • Commodities
  • Stock Indices

As mentioned before, Quotex is a very new online broker. The management will upgrade and develop the trading platform step by step. They plan to add more assets for trading to the platform. Just go to the menu and you can choose the asset you want. Currently, you can trade and choose over 100 different markets.

How much money can you earn with Quotex?

The yield of one trade is limited up to 95%+. For example, You invest $ 100 in the EUR/USD and make the right prediction of the movement, you will earn $ 195. The yield is depending on the asset, expiry time, and account level. If you are a VIP-Member like me, you can get an additional 4% profit on every trade.

Personally, I recommend trading on the main stock exchange hours and using liquid assets for investments. These are the markets where you will get the highest yield. But you will see it by yourself if you go on the platform.

  • Yield (profit) up to 95%+ per trade
  • The profit is depending on the asset and market situation you choose
  • The profit is depending on the expiry time

Expiry time

Binary Options (digital options) are limited to an expiry time. Some brokers offer you to trade only 60-second trades or 5-minute trades. The expiry time is always depending on the broker and what he is choosing to offer for the clients. With Quotex.io you are very lucky. You can choose expiry times between 60 seconds and 4 hours. Everything between is possible. For example, you can choose the expiry time of 2.30 minutes.

Conclusion of the Quotex review and test: It is not a scam

Overall, Quotex is a reliable broker for trading Binary Options. It is not a scam for your money. I tested it several times to withdraw my profit and also on the internet you will find only positive reviews about this platform. Quotex is a very good way to bet on the markets with limited risk and a high payout.

The platform is working very well and is user-friendly to use as you saw in my review. I recommend using the demo account first before you deposit money. Furthermore, the minimum deposit is very low and you can start with a minimum trade amount of only $1. Quotex offers you to make fast profits on the market.

Compared to other Binary Options Brokers, Quotex.io is number one at the moment in the market. There are no restrictions and limits for your trading. The return (yield) of investments is very high and the withdrawals are working fast. I can recommend this broker!

Disadvantages of Quotex:

  • No phone-support

Advantages of Quotex:

  • Free $10,000 demo account
  • Minimum deposit of only $10
  • Minimum trade amount $1, maximum trade amount $1,000
  • High return up to 95%
  • User-friendly interface
  • Huge variety of assets to trade
  • Fast trade execution
  • Instant deposits
  • Fast and secure withdrawals
  • Free bonus
  • Available in many countries and languages