Are you considering starting binary options trading with Quotex? In this article, we will walk you through the basic steps to register, log in and start trading on this platform. What makes Quotex different and how does it compare to other brokers? Learn about the ease of getting started, the platform’s features, and the critical factors to consider before investing. Keep reading to find out if Quotex is a good fit for your trading goals.
How to Register with Quotex
If you are not a user yet, registering with Quotex is straightforward and hassle-free. Start by visiting the official Quotex website or downloading the app. Click on the “Sign Up” button and fill out the registration form with your email, a secure password, and your preferred currency. Make sure you confirm your age (18+ or as required in your region) and agree to the terms and conditions. After submitting, verify your email through the link sent by Quotex. For extra security, consider enabling two-factor authentication once your account is active.
Once registered, you can fund your account and start trading. Make sure you provide accurate information to avoid any potential issues during verification or withdrawal.
Logging Into Your Quotex Account
If you are already a user, you will already know that the Quotex login process is very simple. Open the Quotex website or mobile app, click the “Login” button, and enter your registered email or username and password. After that, press “Login” to access your account. For enhanced security, Quotex allows you to enable two-factor authentication (2FA), adding an extra layer of protection to your login process.
If you forget your password, you can reset it by clicking “Forgot Password,” entering your email, and following the steps to verify your identity and create a new password. You can also update your login credentials anytime through the ‘Account’ or ‘Settings’ section.
QUOTEX Review: Insights from Analysts
QUOTEX is rated as a broker with a moderate level of risk. According to Traders Union analysts, it is very important to weigh the advantages and disadvantages of a broker before opening an account, as the level of customer satisfaction varies from company to company. QUOTEX is ranked 12th out of 21 in the TU rating based on more than 100 criteria, including the account opening procedure.
QUOTEX operates as an unregulated binary options broker, offering its own trading platform with no additional fees and low minimum investment requirements. Traders can trade a variety of instruments including currencies, commodities, cryptocurrencies and indices with potential returns of up to 90% on successful trades. The platform is user-friendly and the mobile app is popular, with over 1 million downloads.
Key features include a minimum deposit of $10 and no trading, deposit or withdrawal fees. However, it lacks leveraged trading options, international regulatory licences, quality educational resources, and trading instruments such as stocks. The broker provides round-the-clock customer support and trading instruments, but does not support leveraged trading and bonus withdrawals.
Final Thoughts
According to contributor Alamin Morshed, while Quotex offers a user-friendly platform and a straightforward registration and login process, potential traders should be mindful of its limitations. The lack of regulatory oversight and leveraged trading options might be a concern for some. Despite its low entry costs and absence of trading fees, Morshed advises that users carefully assess these factors alongside the broker’s advantages to ensure it meets their trading needs and risk tolerance.
Disclaimer: The content of this partner post is provided by Traders Union. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
