Quotex Broker Review – Trade Digital Options With Ease
Minimum Deposit: $10 | Max Payout: Up to 98% | Bonus: 30% | Demo Account: ✅
Quotex.io is a modern, user-friendly binary options platform that blends simplicity with high-functionality. Offering over 400 trading assets, fast execution, flexible expiration times, and competitive payouts, Quotex has quickly become a go-to choice for both novice and experienced traders. In this comprehensive review, we explore what makes Quotex stand out and whether it’s the right choice for your trading needs.
Company Background & Legal Info
Quotex is operated by Awesomo LTD, an international trading firm legally registered in Seychelles under company ID 221042. The registered business address is:
Suite 1, Second Floor, Sound and Vision House,
Francis Rachel Street, Victoria, Mahe, Seychelles
While the company does not currently hold a license from a Tier-1 financial regulator, it operates transparently, and its platform is actively used by traders worldwide. Notably, the services are strictly restricted to users aged 18 and above, and regulatory restrictions on certain payment methods may affect residents of the US, Canada, Hong Kong, and Germany.
However, cryptocurrency deposits remain available to all traders globally, making it accessible even in regions with limited banking support for online trading.
Key Features of Quotex at a Glance
| Feature | Details |
|---|---|
| Minimum Deposit | $10 |
| Maximum Payout | Up to 98% |
| Bonus | 30% Welcome Bonus |
| Free Demo Account | Yes (No registration required) |
| Trading Assets | 400+ (Forex, Stocks, Commodities, Indices) |
| Regulation | No Tier-1 License |
| Platform Type | Web-based, No Downloads Needed |
| Mobile App | Yes (Android & iOS) |
Trading Platform Overview
The Quotex trading platform is entirely browser-based, meaning there’s no need for any software installation. It’s designed to provide a frictionless experience with one-click trading, real-time quotes, customizable chart layouts, and lightning-fast execution.
Traders can access over 400 underlying assets, including:
- Forex pairs like EUR/USD, GBP/JPY, AUD/CAD
- Stocks from major global companies
- Indices such as the S&P 500, Dow Jones, and Nasdaq
- Commodities like Gold, Silver, and Oil
The platform focuses on digital options trading, a streamlined derivative that allows traders to predict price movement (up or down) over a fixed timeframe. It’s a clean and intuitive interface, which makes it suitable even for beginners.
Expiration Times
One of the most flexible aspects of Quotex is its broad selection of expiry times. Whether you’re a short-term scalper or a long-term position trader, you’ll find suitable options:
- Ultra-short: 1 minute, 2 minutes, 5 minutes
- Medium: 15 minutes, 30 minutes, 1 hour
- Long-term: Up to 1 month or more
This range allows for highly customizable strategies, from high-frequency trades to swing trades based on broader market trends.
Payout Rates
Payouts on Quotex can reach up to 98%, depending on:
- The selected asset
- Time of day and market conditions
- Trade duration
- Demand/sentiment for a particular position
Importantly, Quotex uses a dynamic payout model. If many traders are entering the same direction on a trade, the payout percentage for new trades in that direction may decrease. This system encourages balanced trading activity and rewards contrarian strategies with higher profit potential.
Trading Education, Demo Account & Platform Tools at Quotex
Learn How to Trade with Quotex: Training, Tools & Practice
Whether you’re just starting out in binary options or looking to sharpen your strategies, Quotex offers a supportive environment for self-education and experimentation. With an intuitive demo account, built-in learning resources, and trading signals for real accounts, the broker ensures users are equipped with the knowledge and confidence to trade efficiently.
Learning Tools & Market Education
Quotex understands the importance of education, especially for newcomers. While the platform doesn’t offer a full-fledged academy, it provides:
- Helpful video tutorials covering the basics of trading and platform navigation
- Market news updates embedded directly in the interface
- Trading tips and signals (for real accounts only)
These resources help traders build a foundational understanding of digital options and market behavior. The broker’s educational content is integrated into the platform, eliminating the need to search elsewhere or leave the interface to learn.
Mobile App – Trade On the Go
Quotex offers a fully operational Android mobile app, providing traders with the ability to open, manage, and close trades from anywhere. Key features of the mobile experience include:
- Lightning-fast performance
- Clear interface with easy asset filtering
- Same charting tools and indicators as the desktop version
- Full access to digital options trading, account settings, and transaction history
The Quotex Android app has received a solid 3.6-star rating from users on Google Play. It mirrors the web platform closely, maintaining its intuitive design and quick execution.
📱 Note: Currently, there is no iOS app available for iPhone or iPad users. However, iOS users can still access the mobile-optimized web version via their browsers.
Trading Charts & Technical Indicators
One of the standout features of the Quotex platform is its responsive and customizable charting interface. Charts react in real time to market fluctuations and offer:
- A clean visual design
- Dozens of technical indicators (MACD, RSI, Bollinger Bands, Moving Averages, and more)
- The ability to fine-tune indicator parameters
- Multiple chart types and color themes
The order panel is docked conveniently beside the chart, allowing for one-click trading without switching screens. This layout makes the user experience smooth and efficient, especially during high-volatility periods.
Trading Signals & Market Insights
For traders using a live account, Quotex unlocks trading signals – strategic trade suggestions based on technical analysis and market trends. These signals are especially helpful for beginners who want to align their trades with market momentum.
Unfortunately, these features are not available in demo mode, making it another incentive to start with a small deposit and unlock the full potential of the platform.
Quotex Demo Account – Practice Without Risk
Quotex provides every new user with a free demo account loaded with $10,000 in virtual funds. This practice account is:
- Instantly accessible without requiring credit card or ID verification
- Available with full trading functionality (assets, expiries, indicators, charts)
- Risk-free, allowing users to place unlimited trades without real money
However, keep in mind that access to trading signals and news feeds is reserved for live account holders only. Still, the demo environment offers everything needed to master the platform and test strategies before making a real-money commitment.
Summary of Tools & Education
| Feature | Availability |
|---|---|
| Demo Account | ✅ Yes – $10,000 virtual balance |
| Market News | ✅ Live accounts only |
| Trading Signals | ✅ Live accounts only |
| Video Tutorials | ✅ Basic platform and strategy tips |
| Mobile App (Android) | ✅ Full-featured |
| iOS App | ❌ Not yet available |
| Technical Indicators | ✅ 20+ built-in tools |
| Chart Customization | ✅ Highly flexible |
Deposits, Withdrawals & Bonuses at Quotex
Quick & Flexible Payment Options for Every Trader
Quotex keeps things simple and accessible when it comes to account funding and withdrawals. Whether you’re a beginner testing the waters or a seasoned trader moving capital across platforms, Quotex offers a streamlined banking experience with multiple currencies and instant processing times.
Minimum Deposit – Start Trading with Just $10
To open a live trading account, the minimum deposit is just $10, making Quotex one of the most affordable binary options brokers on the market. Deposits are accepted in a wide range of currencies including:
- US Dollars (USD)
- Euros (EUR)
- British Pounds (GBP)
- Bitcoin (BTC)
- Other major cryptocurrencies
This low barrier to entry makes Quotex attractive for newcomers, especially those looking to explore real-money trading without making a large financial commitment.
Deposit Methods
Quotex supports a variety of secure deposit options, ensuring flexibility for traders around the globe. Funding methods include:
- Bank Cards: Visa, Mastercard
- eWallets: Perfect Money, Advcash, Piastrix
- Cryptocurrencies: Bitcoin, Litecoin, Ethereum, Tether (USDT), and more
- Bank Transfers: Available in select regions
Deposits are typically processed instantly, meaning you can begin trading digital options right after funding your account. For crypto users, processing times may depend on blockchain confirmations.
💡 Note: No deposit fees are charged by Quotex, but third-party or network fees (e.g., Bitcoin miner fees) may apply.
Withdrawals – Fast Processing & No Hidden Fees
Withdrawing your funds from Quotex is straightforward and fee-free. Payouts are generally returned to the original funding method (e.g., same card, same wallet). If the original method is unavailable or restricted in your region, you may need to verify a secondary withdrawal method.
Typical withdrawal processing time is 1 to 3 business days, though cryptocurrency withdrawals may be faster depending on network load.
Key Notes:
- Minimum withdrawal: ~$10 (varies by currency)
- No internal withdrawal fees
- Verification may be required for security purposes
- Payouts are not instant – plan accordingly if you need funds quickly
Bonuses – Hidden Perks at the Deposit Stage
While Quotex does not openly advertise bonuses on its main website, deposit-related promotions do exist. Once you initiate a deposit, you may be offered a deposit bonus of up to 30% or more, depending on:
- The amount of your deposit
- Whether you enter a promo code
- Special events or regional promotions
These bonuses can provide extra trading capital but come with terms and conditions, such as turnover requirements. Make sure to read all bonus rules carefully before accepting, especially if you plan to withdraw funds soon after claiming one.
🧠 Pro Tip: Check your account’s “Promo” or “Bonus” section during the deposit process for current offers.
Summary of Payments & Promotions
| Feature | Details |
|---|---|
| Minimum Deposit | $10 |
| Accepted Currencies | USD, EUR, GBP, BTC, others |
| Deposit Methods | Bank Cards, eWallets, Crypto, Bank Transfers |
| Deposit Fees | None (third-party fees may apply) |
| Withdrawal Methods | Same as deposit method (or verified alternative) |
| Withdrawal Time | 1–3 business days |
| Withdrawal Fees | None |
| Bonuses | Up to 30% (not visible on homepage) |
| Bonus Conditions | Turnover required before withdrawal |
📌 Frequently Asked Questions (FAQ) – Quotex
1. What is the minimum deposit at Quotex?
The minimum deposit is just $10, allowing anyone to start trading with minimal risk. You can deposit in various currencies including crypto.
2. Are there any deposit or withdrawal fees at Quotex?
Quotex itself does not charge any fees for deposits or withdrawals. However, external fees from banks, payment processors, or blockchain networks may still apply.
3. How long do withdrawals take to process?
Most withdrawals are processed within 1–3 business days. Cryptocurrency withdrawals may be faster, while bank cards or transfers may take longer depending on your provider.
4. Does Quotex offer a welcome bonus?
Quotex does not display a public bonus offer on the homepage, but bonus deals up to 30% are often presented during the deposit process. Check for offers inside your account.
5. Can I use cryptocurrencies to fund my account?
Yes. Quotex supports several major cryptocurrencies including Bitcoin, Litecoin, Ethereum, and Tether. Deposits and withdrawals via crypto are fast and borderless.
6. Is there a minimum withdrawal amount?
Yes. The minimum withdrawal is typically $10, but this can vary slightly depending on the currency or payment method used.
7. Can I withdraw my bonus funds?
No, bonuses are subject to turnover requirements. You must trade a certain volume before bonus funds or related profits can be withdrawn.
8. How do I verify my payment method?
If required, Quotex may ask for ID verification and a screenshot of your payment method for security. Follow on-screen prompts in the dashboard if this is needed.
9. Are deposits instant?
Yes, most payment methods (cards, eWallets, crypto) result in instant deposits. Only bank wire transfers may take longer, depending on the bank.
10. Can I withdraw to a different method than my deposit?
Usually no, due to anti-fraud policies. However, if your original method becomes unavailable, you can verify a new withdrawal option with support.
Quotex Broker Overview Table
| Feature | Quotex |
| Bonus | 30% Deposit Bonus |
| Demo Account | Yes |
| Minimum Deposit | $10 |
| Minimum Trade | $1 |
| Payout | 95% |
| Expiry Times | 5 seconds – 4 hours |
| Ladder Binary Options | No |
| Boundary Binary Options | No |
| Payment Methods | Bitcoin, Credit/Debit Card, Ethereum, Visa, Mastercard |
| Mobile Apps | iOS & Android |
| Auto Trading | No |
| Copy Trading | No |
| Social Trading | No |
| Margin Trading | No |
| MetaTrader 4 | No |
| MetaTrader 5 | No |
| cTrader | No |
| AlgoTrader | No |
| OmniTrader | No |
| TradingView | No |
| Autochartist | No |
| eSignal | No |
| Trading Central | No |
| STP Account | No |
| ECN Account | No |
| DMA Account | No |
| MAM Account | No |
| PAMM Account | No |
| LAMM Account | No |
| Demat Account | No |
| AI / Machine Learning | No |
| Robo Advisor | No |
| Negative Balance Protection | No |
| Market Maker | Yes |
| P2P Trading | No |
| Spot Trading | No |
| Trade Signals | Daily Trading Signals |
| VPS Hosting | No |
| Tournaments | Yes |
| Demo Competitions | No |
| Ethical Investing | No |
| Islamic Account | No |
| Account Currencies | No |
| Stock Exchanges | USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH |
| Commodities | ASX, Borsa Italiana, CAC 40, DAX, Dow Jones, Euronext, FTSE, Hang Seng, HKEX, IBEX 35, JPX, Nasdaq |
| CFD Trading | Gold, Oil, Silver |
| Forex Trading | No |
| Forex Assets | Yes |
| Crypto Trading | 40+ |
| Crypto Coins | Yes |
| Crypto Lending | BTC, DOGE, PEPE |
| Crypto Mining | No |
| Crypto Staking | No |
| Crypto Auto Market Maker | No |
