Home Finance How To Start Trading On Quotex

How To Start Trading On Quotex

by James William

To start trading on Quotex, you must first create an account. The platform is very user-friendly and offers great charts, data, and other trade tools. It also has a demo account feature that allows you to practice with different strategies before investing real money. The platform uses modern technology and has a mobile application. Users can deposit funds via wire transfers, credit cards or debit cards, and crypto payments.

Signing Up

If you are new to the trading world, signing up for Quotex is a great way to start earning money online. The process is quick and easy and requires an internet connection with good speed. After logging in, you will be asked to provide an email address and a password. Once you have provided this information, you will be able to access your account dashboard. It is important to read the service agreement before clicking on the “Submit” button.

The platform allows you to trade stocks from many different countries. You can also choose from a range of commodities and indices. There is no minimum deposit and the site offers a number of payment methods including Visa and MasterCard cards, eWallets like Neteller, Skrill, WebMoney, QIWI Mobile Payments, and cryptocurrency. In addition, you can receive a 30% deposit bonus, regardless of your initial deposit size (the deposit bonus cannot be withdrawn). The website is available in several languages and offers 24/7 customer support.

Trading On The Platform

There are many different ways to start trading on Quotex platform, but it all depends on your goals and risk tolerance. For example, you can use the demo account to practice trading before you deposit any money. This will allow you to see how well the platform works before investing real money. However, you should be aware that Quotex doesn’t offer segregated client funds. Trading on the platform typically involves choosing an asset and predicting whether its price will go up or down within a certain time frame. If you’re correct, you’ll earn a profit. However, if you’re wrong, you’ll lose some or all of your investment.

Traders can also exit trades before the expiry period for a partial loss, which can save them from losing all of their money. Traders can choose from a wide range of assets, including stocks, currencies, and commodities. In addition, Quotex offers a number of features, such as low minimum deposits and no fees.

Trading With Real Money

The first step in starting to trade with real money is to understand your goals and risk tolerance. This will help you determine which products and services are best suited to your needs. For example, you may want to focus on trading a particular asset or a specific timeframe. You can also use the trading signals on the platform to guide your decision-making process. You don’t need to have a large amount of capital to start trading with Quotex. They have a low minimum deposit requirement of $10, which makes the platform accessible to individual traders. In addition, they accept deposits in pound sterling, which eliminates currency conversion fees.

The company behind the Quotex website, Maxbit LLC, is registered in St. Vincent and the Grenadines, an offshore tax haven. As a result, the company is not regulated by any reliable financial regulator. This means that traders are not protected if the broker goes bankrupt. Traders should only use brokers that are regulated by a trusted body.

Customer support

Traders can get in touch with the company via social media platforms, email, and live chat. They can also ask questions through a dedicated support ticket. In addition, QUOTEX offers a detailed FAQ section, which can help them find answers to common problems. The platform supports several languages and is free to use. Moreover, it supports multiple deposit and withdrawal options. Traders can also switch between different account currencies with no extra fees. The platform is also very customizable, allowing them to change their username and upload a profile photo. They can also customize their chart settings and invest in assets they are interested in.

In terms of trading, the platform is easy to use and has a high payout percentage. However, traders should note that the platform is not regulated and does not offer segregated accounts for customer funds. This could be a drawback for those who prefer to work with a regulated broker.

Conclusion

A relatively new internet broker, Quotex makes it easy to get started with trading. Its web-based platform is easily accessed with any browser on any device, making monitoring markets and executing trades simple. Start trading with a demo account to get used to the platform and hone your strategy without risking real money. Depositing funds is simple and hassle-free, and you can withdraw whenever you wish.

Related Posts