Quotex Verification Process & Time | How to verify

The main reason behind the Quotex verification process is to prevent fraudulent activities. Quotex is one such broker that requires you to undergo a verification process to make the trading as transparent as possible. The verification process is simple, unlike other brokers.

In this article, we will explain to you step by step how to verify your trading account on Quotex, and we will highlight all the problems that can occur with the best solutions to get your account verified as quickly as possible.

Here are some quick facts about the Quotex verification:

How can I verify my account on Quotex?

The Quotex verification process is essential to make sure that you meet all the requirements to become a trader. Moreover, it also ensures transparency between the trader and the broker.

To verify the account, you need first to begin the registration process. You can initiate that with either your email id or Facebook id. It also accepts VK id. Once you have finished the sign-up process, the provided documents shall go to Quotex for verification.

It is a process that confirms and ensures the data provided by a trader are genuine and abide by the guidelines. The verification requirements are not complicated, and the entire process would not take much time to complete. 

A trader shall only need a few basic documents.

It Includes:

• A copy of the passport’s first page. The scanning should include the photograph.
• A selfie for photo identification
• Proof of the present residential address for confirmation

The verification process involves the following steps:

1. The first step is to sign up for an account. After completing the sign-up process, you need to go to your account.

2. Next, you must enter all the data regarding identity information.

3. The next step is to upload your ID for verification. It can be your passport, local ID, or driving license.

4. After uploading your ID, you will see a waiting confirmation status. Quotex has received the documents, and the scrutiny is under process.

5. Now, you must wait for Quotex to verify all the presented documents. Once the entire verification process is complete, you shall see a status on the screen mentioning ‘verified.’

Verification time: How long does Quotex take to verify?

Quotex offers a simple and fast verification process. It requires only the basic documents to do so. Hence, it does not lag in time. You can expect a complete verified status within a maximum 2-5 business days. Often it happens after a few minutes or hours.

Can you use Quotex without verification?

Quotex is a regulated broker that adheres to the guidelines strictly. Therefore, it may not allow you to start trading with a live account until the verification process is complete. 

Common problems with the Quotex verification:

Often, traders get confused when the broker does not accept the verification documents. There are certain rules for the KYC process which have to be met by the broker. Beginners tend to make some mistakes, but we are here to solve them quickly:

Verification document is rejected:

Make sure that you upload a clear photo of your ID in the account dashboard. It can also be a scan, but photos are working well. It is important that nothing is covered up in the picture.

Another problem is missing identity information in the account dashboard. By mistake, traders add the wrong names or dates of birth. Please check your identity information in detail again if your verification document is rejected.

Furthermore, if you try to use a 3rd party ID document, the broker will reject it immediately, and it can result in a ban of your trading account. In conclusion, be careful and only add the correct information.

About Quotex

Founded in 2019, Quotex may appear a new player in the binary trading brokerage business. But, it has become one of the most competent service providers in such a short period. 

It offers a customer the best functionality when it comes to financial management. Quotex aims to implement a lightning-fast speed of updating quotes, unlike other market competitors. It claims to have a user interface that can create sheer comfort while working with its platform.

Each member of Quotex is a specialist with experience that spans over 10 years. If we compile the team’s total experience, it can come as a broker with over 200 years of experience. That is the might of Quotex!

With Quotex, you can use more than 400 trading tools like indicators to help you excel in the trading game. It also offers a modern platform with state-of-the-art features that shall help you win the trades. It also has 24/7 customer support, which makes it a customer-friendly broker, that you can rely on.

Conclusion: The Quotex verification is simple and fast!

Since binary trading has grown in popularity, many people are trying to find ways to execute fraud. One of such ways is to make fake documents and start trading. Therefore, the brokers came up with an additional verification process that assures there isn’t anybody using a fake profile. It may sound like an additional step that delays the trading process. But, it helps all the traders enjoy a fraud-free experience with the binary broker.

The verification process of a trading account is essential to ensure a safe and trustworthy trading experience. However, it takes additional time with some brokers and makes it difficult for the traders to begin trading and withdraw their profits. 

However, Quotex differs from them in offering a simple verification process that does not take much time to complete. Therefore, the easy account opening and verification process, combined with Quotex’s advanced features, makes it the ideal choice for all binary traders.