Quotex Review: Account Types, Trading Platforms, Deposits and Withdrawals

Introduction

Quotex is a recently established digital options broker that provides investment opportunities for clients and investors in over 100 markets. It was founded in 2020 and is managed by Maxbit LLC, with its headquarters located at First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St. Vincent, and the Grenadines. It operates as an offshore broker and accepts clients in more than 20 different countries.

This platform, which can be accessed through both desktop and mobile devices, allows users to trade on the markets and offers a high yield of up to 95%. For instance, if you invest $100 in a rising EUR/USD chart and make the correct prediction within a specific time, you can earn $195.

Quotex is fully committed to maintaining high security for its traders. As a result, you can trade on their platform without any concerns about its safety or your own safety as a trader.

Ensuring the safety of your funds is of utmost importance in binary trading. It is essential to trade with a binary broker that prioritizes security measures to protect your money and safeguards against data abuse, allowing you to feel secure.

Trading Platform

Traders can easily trade on Quotex.  With Quotex brokers, they can get one of the highest payments in the industry. The clients can get up to more than 95% for a successful trade after placing a trade on Quotex.  Quotex binary trading expiration time is at least one minute to four hours. This is similar to other brokers, as they offer the same times. The company is working on providing longer operations to be more competitive and continues to be one of the first user options.

Trading accounts of Quotex:

Quotex offers the traders Free Demo trading accounts and Real Accounts. Users can access Digital Options products, customer support, and promotions. Registering for an account  and starting trading is easy. In this review, we will cover account types and funding methods. The traders can check the Pro and VIP Accounts for higher payouts and better trading conditions.

Complete Range of Trading Assets

Quotex offers Crypto Currencies, Indices, Commodities, and Forex pairs for digital options trading:

Cryptocurrencies – Bitcoin, Litecoin,  Ripple, and Ethereum coins.

Indices  –  More than  15 Indices from leading exchanges.

Commodities – Gold, Silver, Platinum, Oil, and other popular energies and metals available for Binary Options trading.

Indicators And Oscillators

Quotex platform includes advanced charting features for the traders, which help to make winning trading decisions. The traders needn’t switch between windows to see the trend and analyze the market. They can do it right away on the trading platform for executing the trade. Bollinger Bands, Moving Average, Awesome Oscillator, MACD, Stochastic, and Oscillator are the few indicators available.

Deposits and Withdrawals

Quotex offers a variety of payment and withdrawal options to cater to the diverse needs of its users. Whether you prefer traditional payment methods like credit cards or embrace the convenience of e-wallets and cryptocurrencies, Quotex strives to provide a seamless and secure experience. By prioritizing user safety and compliance with regulations, Quotex aims to build trust and establish itself as a reliable trading platform for its global user base.

Deposits:

To begin trading on Quotex, users need to make a deposit into their trading account. The platform supports various payment methods, including but not limited to:

• Credit/Debit Cards: Quotex accepts major credit and debit cards, such as Visa and Mastercard. This method offers quick and straightforward transactions.
• E-wallets: Popular e-wallets like Skrill, Neteller, and Perfect Money are supported on Quotex. These digital payment systems provide a secure and convenient way to transfer funds.
• Cryptocurrencies: Quotex has embraced the growing popularity of cryptocurrencies and allows users to fund their accounts using Bitcoin, Ethereum, and other supported cryptocurrencies. This option appeals to those who prefer the anonymity and flexibility offered by digital currencies.

Withdrawals:

Withdrawing funds from your Quotex trading account is a straightforward process. The platform aims to process withdrawal requests promptly to ensure users have access to their funds when needed. Here are the typical steps involved in making a withdrawal:

• Verification: Before initiating a withdrawal, Quotex may require users to complete a verification process. This step is in line with the platform’s commitment to security and regulatory compliance. Verification often involves providing identification documents to confirm the user’s identity.
• Selecting the Withdrawal Method: Quotex allows users to withdraw funds using the same method they used to deposit, whenever possible. This ensures convenience and minimizes complications. However, in certain cases, alternative withdrawal options may be available.
• Requesting the Withdrawal: Users can submit their withdrawal requests through the Quotex platform. The request is typically processed within a reasonable time frame, depending on factors such as account verification and transaction volume.
• Withdrawal Processing Time: The time it takes for a withdrawal to reach the user’s account may vary depending on the chosen withdrawal method. E-wallets and cryptocurrencies usually offer faster processing times compared to traditional bank transfers, which may take a few business days.

Funding General Informations

Note: Before doing any withdrawal we suggest and recommend verifying your account pieces of information and make sure to use correct personal data to not get conflict afterward.

Account Types

Quotex offers a risk-free Demo Accounts that don’t require any deposit. The three types of Trading accounts for traders to choose from are Standard, Pro, and VIP account types. These three types of accounts are well equipped to offer some excellent and unique trading features. The VIP account and Pro Account offer extra benefits like higher payout and faster withdrawal processing.

Demo Account

Quotex offers a risk-free demo account with 10000$ virtual money and is totally free of cost to the traders.  You don’t have to submit your financial information to start trading in a demo account. Also, you can top up the Demo Account anytime you want. Open your Free Demo Account.

Standard Account

In the Standard Account, the traders can start with a minimum deposit of at least $10. After that, customers can deposit money using a bank card, VISA, electronic payment system, cryptocurrency, Bank Transfer, Skrill, Neteller, Credit Cards, and many other options. Quotex also accepts Cryptocurrency deposits.

Pro Account

Serious traders deserve better trading experience and higher profit. Quotex gives Pro status to the users with more than a $1000 balance. The Pro account traders get priority support, a higher payout compared to Standard Account and a dedicated account manager. Pro account users can enjoy higher payout and faster fund withdrawals.

Vip Account

Professional traders with a big and higher investment deserve special attention from the broker. Quotex offers VIP status to traders with a $5000+ balance. The VIP traders get priority support, higher payout, and a dedicated account manager. Open a VIP account to enjoy benefits like faster fund withdrawals free of charge.

Customer Support

Quotex provides customer support 24/7 in over 20 languages, including English, French, Spanish, and more. They offer live chat and email ticket support, but no phone support. The multilingual support ensures users can communicate effectively. Although phone support is not available, Quotex’s emphasis on live chat and email ensures efficient assistance. Overall, their customer support is accessible and responsive.

[email protected]
Trading operations questions

[email protected]
Financial issues

[email protected]
Technical support

Conclusion

Quotex is one of the best brokers  all over the world. With a minimum $10 deposit, you can trade here and explore the potentially profitable marketplace. It allows you to confidently trade a number of assets through digital options. It gives a modern trading platform. It also permits traders from all over the world to access quite 400 different assets. So open a Free Demo Account on Quotex to understand its platform in and out. Find out why this broker deserves its recognition together with the leaders within the industry.