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Quotex Review - ​Invest Anytime, Anywhere!

Updated: Apr 20

Quotex was founded in 2019, but was fully launched in the year 2020. Quotex is an brand owned by Awesomo Ltd. The company is regulated under International Financial Market Relations Regulation Centre (IFMRRC). The (IFMRRC) is an non-commercial organization which checks the quality of the services provided by the trading brokers. Quotex is an binary options trading platform for Online Investment. Quotex is available in india for trading and offers an INR or Rupees account.

Awesomo LTD. Address: Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles ID: 221042. The firm was certified as a licensed broker in November 2020. After that Quotex is then known for its great reliable services.

Overview


QUOTEX’s main goal is to make the trading process as simple and straightforward as possible. Quotex as an regulated broker has tremendous amount of features. Our Quotex review will cover everything about the platform such as, signals, copy trading, deposit and withdrawal, bonuses, customer support and more. The company maintains high security standards and uses specialized technologies to safeguard client information. The broker does not sell or otherwise disclose personal data to third parties.

Online Since - 2019
Software - Quotex
Minimum Deposit - $10, €10, ₹500
Minimum Trade Amount - $1, €1, ₹70
Demo Account / Practice Account - $10 000, €10 000, ₹10 000
Withdrawal Processed - 1-3 days.
Mobile Trading - Not Available.
Countries Supported - Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Trading Platform


Quotex is not available for trading in every device. Users have to log on to the web version for accessing the platform and in order to trade. Quotex is committed to it's highest level of services and user friendly interface. Quotex has a very great and easy to user interface which makes trading more effective and convenient. Quotex's demo account is integrated within the platform and is credited with a $10 000, €10 000, ₹10 000 renewable balance. Quotex has also integrated professional tools such as, chart types, chart time, indicators, and graphical tools to make trading more interesting and help track any asset effectively.

Quotex offers trade signals integrated within the platform itself and traders can use the signals to trade on the specified assets. The arability of trade signals helps beginners a lot and they can make some cool money by following the signal. Quotex currently offers binary options, crypto currencies, commodities, and indices assets for trading. The overall platform experience is great and the interface is very responsive.


Quotex allows traders to customize the platform and traders can customize it as per the convivence. The platform is also well structured so that efficiency of the trading can be maintained. Quotex also provides leader board to check the traders data.


Mobile Trading


Quotex is currently available on android devices. The android app has some similar interface as browser or web.

Quotex is just launched in the year 2020, and the services provided by the company is top notch with great trading interface. The company's platform is designed so well that it can stand head to head with some of the top leading brokers.

Account Types


Quotex kept it very simple and offers only standard status for account holders. In short Quotex have only one account type which is standard account or live account. The live account comes with demo account and you can switch between the accounts by one click which is very convenient.


Live Account (Demo account included)

  • Min. deposit - $10, €10, ₹500.

Having a single account type makes the whole process easy and one can get equal priority. Traders will also have full access to the platform's features.

Assets


Quotex offers the following trading instruments/assets,

  • Options.

  • Cryptocurrencies.

  • Commodities.

  • Indices.


Fees


Quotex is 100% commission "FREE" broker. While making a deposit or withdrawing funds traders will not required to pay any kind of fees for that. As already discussed that Quotex currently don't provide Forex trading so commissions regarding Forex trades are also ignored.


Deposits & Withdrawals


Quotex supports a wide range of deposit and withdrawals methods. But they mostly support cryptocurrencies. For Indian traders they have allocated e-wallets which includes,

  • PerfectMoney

  • GlobPay

  • UPI (recommended*)

  • Mobikwik

  • Airtel Money

  • Reliance Jio

  • Freecharge

  • PhonePe

But deposit & withdrawals methods will vary from different geographical locations. That simply means that different countries will have different methods available.

The withdrawal process is also commission "FREE" and you can withdraw your money to the default e-wallet or crypto wallet. Withdrawals will take 1-3 days or 1-5 days to process. Deposits will be credited to the account instantly if you have selected e-wallets. Depositing money through crypto wallets will take time to reflect the amount in your Quotex account. So, selecting a convenient method will prevent the delays.

Although Quotex supports e-wallet majority of the traders will have wide range of other local options for deposits and withdrawals which will be very easy for traders.

Additional Features


Quotex have the following features,

  • Signals - Quotex regularly provides trade signal to the traders which are embedded into the platform itself. Traders can simple click on the signals tab and they will find the list of signals provided by Quotex. The signals do state asset, time, and action to take on the trade.

  • Market - Quotex has one market page where traders can avail some special benefits.

  • Leader Board - Quotex also provides leader board where traders can check who is performing the best and also check their own place in the leader board.

Customer Support


Quotex have a great support team to help traders. One can contact Quotex support team via opening a ticket or via online chat. With online chat the support team is very responsive. So, if you want to contact the support team and want to get solution instantly, have online chat will be far more convenient.

Our Quotex's support rating - 9/10

Quotex Ratings


Quotex is an regulated broker and have amazing user interface. Quotex is still updating services for their traders. Quotex's signals are also a plus point to consider for a beginner trader. Overall Quotex is an ideal trading broker.

Creating an trading account with Quotex is safe and secure, and one can trust Quotex for sure.