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A licensed and regulated broker, Quotex offers never-before services to its clients. It does not matter whether you are an experienced trader or a beginner. A trader with any years of experience can trade with Quotex by signing up for an online trading account.
The reliability and credibility of this online trading platform attract many clients every day. Quotex offers a user-friendly seamless interface with which the traders can trade without any hassle. If you are just beginning and unsure how to trade with Quotex, don’t worry. This Quotex trading tutorial will help you understand the basics of trading with this broker.
What you will read in this Post
(Risk warning: Trading involves risks)
How to trade with Quotex?
To trade with Quotex, you can follow these steps.
#1 Sign up for an online Quotex trading account
The first thing you need to do to start trading with any broker is to sign up for an online trading account. You can visit the broker’s website and click on the “sign up” option that appears on the screen.
You can register for a Quotex account by clicking on the “create account” option. Then, you can sign up by entering the relevant details. You can use your email to sign up for the online trading account or choose to sign up via your social media accounts.
After entering your valid email ID on the Quotex signup page, you can enter a password and save these login credentials. You will also be required to choose a currency you would like to trade with Quotex.
The broker offers you all the leading currencies, and you can have your pick amongst them. After reading the Quotex service agreement, you can click on the ‘accept’ button and finally signup for your online trading account.
(Risk warning: Trading involves risks)
#2 Verify your account
Verifying your account with a broker means authenticating your personal information. Don’t worry! Quotex will not ask for heaps of verification documents from you. The list of verification documents with Quotex is short. You only need to provide
- A scanned color photo of yourself
- Your residence proof
- Your identity card
- Or any other relevant document
Once you provide these documents to the broker, your verification will be complete, and you will become eligible to trade.
#3 Use the demo account
After your account setup is complete, you should not jump right into trading through a live account. Instead, take some time and inspect the features offered by the broker by using the demo account.
The demo account will be beneficial in helping you understand how to trade, especially if you are a beginner. You can also understand how the market works and develop suitable trading strategies. You will also learn the art of fund and risk management with the Quotex demo account.
When trading with a demo account, you don’t have to risk anything as you are only trading with virtual money.
#4 Deposit funds into your Quotex trading account
The next step in trading with Quotex is to deposit funds in your online trading account. Once you gain a little expertise in trading through your demo account, you can switch to a Quotex live trading account.
After doing so, you can fund your account with any amount you wish. If you are a beginner, you can start with a small amount of investment. On the contrary, if you have a decent experience in trading, you can put in whatever money you desire.
Depositing funds into your Quotex trading account is a straightforward process. You only need to select a payment method that seems convenient to you.
You can use wire transfers, payments through credit/debit cards, electronic wallets, or Cryptocurrencies to fund your Quotex trading account within minutes.
(Risk warning: Trading involves risks)
#5 Choose an asset to trade
Finally, you can do what you intend to do on the online trading platform. After funding your account with a Quotex minimum deposit, you can choose an asset you wish to buy and sell.
Traders prefer to trade with Quotex because of the variety of assets it offers to its clients. You can choose among various digital assets like binary options, Cryptocurrencies, CFDs, ETFs, and others on Quotex.
You can buy and sell these assets using your trading strategies and earn immense profits. Make sure you combine a few technical indicators to arrive at a buy and sell decision. The studying of price trends is equally significant while trading online.
Quotex offers you world-class features that you can use to derive maximum monetary benefits. After making profitable trades, you can use the option of withdrawing funds to withdraw money from your trading account.
#6 Withdraw your funds
The only objective of trading is to make profits and withdraw them whenever it suits his needs. A trader looks for a trading platform that offers hassle-free deposits and withdrawals. Quotex is one such platform that does not make it a challenge for its clients to deposit or withdraw their funds.
Once you have enough balance in your Quotex trading account, you can click on the ‘withdraw funds’ option to take out your funds.
To withdraw funds, you can choose the same payment method as you did while funding your account. The withdrawal options include wire transfers, credit cards, debit cards, Cryptocurrency, and electronic wallets.
After clicking on this option, you can enter the amount you wish to take out in the window that appears on your screen. Quotex minimum withdrawal amount is only $10, which means you can withdraw funds when you have $10 in your account.
Once you submit your withdrawal request to Quotex, it will process it within the minimum possible time.
Conclusion: Quotex trading tutorial – Trading made easy!
Trading offers the users immense benefits and a chance to earn high profits. However, you will be able to enjoy the fruits of trading only when you choose your broker wisely. Quotex is a perfect choice if you want to sign up with a binary options broker for the first time.
Quotex has a lot to offer to beginners because it has a seamless user interface. You will enjoy trading with Quotex because of its world-class services. The customer support of Quotex is excellent. Suppose you encounter any problem while trading, you can contact their customer support. You can sign up for a Quotex trading account today and start trading with the help of this trading tutorial.
(Risk warning: Trading involves risks)
