Binary options let traders profit from price fluctuations in multiple global markets, but it’s important to understand the risks and rewards of these controversial and often misunderstood financial instruments. Binary options bear little resemblance to traditional options, featuring different payouts, fees, and risks, as well as a structure and investment process.
As the binary options market expands, trading companies offer better favorable trading terms in order to attract traders. Welcome to the Quotex Broker for binary options. It is a young promising company with a good reputation among the binary options traders.
The Quotex Broker launched its trading platform in 2019 and became popular among traders because it offers flexible trading terms, an expanded functionality and a wide selection of trading assets. The competitive edge makes Quotex an ideal company for new and experienced traders.
Check out the Quotex website
The Quotex website has sleek minimalistic style with only pertinent required information. You can register an account, read about trading conditions and bonuses, and contact support.
The official website of the company has been translated into 19 languages. The domain has a security certificate as an additional guarantee of your personal data protection.
How to register an account?
It is easy to register an account and to make a trading deposit at Quotex. You need to enter the following information: your email, a password and confirmation that you are over 18 years old.
Then you will receive a link to your e-mail, and you will be able to complete the registration. There is a verification option that you can choose to go through later. Verification is required if you want to link your bank card to your trading account.
The registration takes up to ten minutes. Also we want remind you that you will be required to download scans of your documents (passport, id card, etc). Verification process can take up to 5 days.
After completing the registration procedure, you will receive access to 10,000 USD demo account. Here, you can test your strategies, learn more about the platform, and get acquainted with the available assets.
If you decide to start real trading with the Quotex, you need to replenish your account with only 10$. The minimum amount per trade is $ 1. Experienced traders know that binary options profitability can reach as much as 95%.
Your Quotex Broker Account is intuitive and understandable in usage. The best IT specialists contributed their ideas to the site that offers many advantages.
For example, you can trade any assets including currency pairs to cryptocurrencies. At the same time, the terminal offers a wide list of indicators, oscillators, advisors, and other technical tools for market analysis. You will be able to use and apply popular trading strategies.
How to add and withdraw funds?
You can replenish and withdraw from your account by transferring from a bank card, electronic wallet (including Neteller, Skrill and WebMoney), a cryptowallet. Quotex platform does not charge any commission for deposits and withdrawals.
Funds are withdrawn from the brokerage account in 1-5 days from the date of application. It depends on the workload of the finance department. We follow the terms and never not violate the established regulations.
Customer support and broker reviews
Quotex offers 24/7 support service for traders. We respond to questions from our clients as soon as possible. We treat all clients with the same respect and care.
We invite you to read the positive reviews about the company on the Internet. Our traders appreciate quick withdrawal of funds, the absence of commissions, expended functionality and a wide selection of assets.
Quotex Broker’s Pros and Cons
The reviewers put together a list of positive and negative aspects. Please, read following list with attention:
- IFMRRC license.
- Min trading amount $ 10.
- Multifunctional terminal.
- No commission on withdrawals.
- Excellent and fast customer support.
- Lack of analytics on the site.
In conclusion, experts note that Quotex has a potential to outperform the competitors. As of now, it makes an excellent impression. The company is focused on development and does the best to meet the expectations of the customers. Risk and reward are known in advance, offering a major advantage. There are only two outcomes: win a fixed amount or lose a fixed amount, and there are generally no commissions or fees.