- Profitability: up to 98%
- Minimum deposit: $10
- Minimum trade: $1
- Expiration times: 5 sec to 4 hours
- Assets: Forex, Crypto, Indices, Commodities
- Instruments: Fixed-time contracts
- Platforms: Web, Android, iOS
- Country / regulator: Varies
- Visa
- Mastercard
- Crypto
- Bank transfer
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Overview of Quotex
Quotex is a trading platform that offers binary and digital options on multiple asset classes including currency pairs, stocks, commodities, indices and cryptocurrencies. The platform is accessible through a web-based interface and supports short-term trades with predefined expiry times. Quotex operates with a minimum deposit requirement and allows users to place trades based on directional price predictions.
The platform is typically used by individuals who seek direct exposure to binary option contracts with fixed payouts. User profiles span from those practising on a demo account with virtual funds to live traders aiming to execute short-term positions. Strategies associated with the platform usually focus on quick decision-making based on price movements within short time frames.
Advantages and limitations of Quotex
Advantages
- Low minimum deposit requirement, allowing access with relatively small initial funds.
- No trading fees or commissions charged on executed trades.
- Web-based platform with integrated tools for technical analysis.
- Demo account availability for practice without real funds.
- Selection of deposit and withdrawal methods.
Limitations
- No regulation by a top-tier financial authority, which limits oversight transparency.
- Limited availability of dedicated desktop and mobile applications.
- Asset selection may be narrower compared with full-service brokers.
- Expiry times are constrained to shorter durations (up to a few hours).
Key information about Quotex
| Broker name | Quotex |
|---|---|
| Official website | https://qxbroker.com |
| Overall rating | 4/5 |
| User profile | Traders interested in binary options with web-based platform access |
| Key indicators | |
| Maximum profitability | Up to approximately 90-91% on successful trades |
| Minimum deposit | $10 |
| Minimum trade | $1 |
| Expiration durations | From 1 minute up to 4 hours |
| Trading coverage | |
| Available assets | Forex, stocks, commodities, indices, cryptocurrencies |
| Instruments | Binary and digital options |
| Platforms | Web platform (no dedicated desktop app noted) |
| Country of incorporation | Saint Vincent and the Grenadines |
| Regulatory framework | No formal regulation by top-tier financial authorities |
This table provides a factual overview of Quotex’s key attributes, trading conditions and structural data.