How to Start Quotex Trading In 2022: A Step-By-Step Guide for Beginners
How to Register in Quotex
How to Register by Email
2. To sign-up you need to perform the following steps and click on the button “Sign up”.
- Enter a valid email address and create a strong password
- Choose a currency to deposit and withdraw funds in.
- Read and agree "Service Agreement" and click on the check box
- Click on the button “Sign up”.
Please make sure that your email address is entered without spaces or extra characters.
Please be sure that you fill all data correctly. You have to fill only your real E-mail. In case if you fill incorrect information you may have some troubles with account verification. Quotex is serious finance service and we recommend be honest with them.
In case if you think that you fill incorrect personal data please edit it in your Quotex profile or contact to Quotex support online in the chat or by email.
Also Quotex offer registration by Gmail, Facebook, VK account. It also one of the way for opening account on the Quotex. To open account with your Facebook, Gmail, VK account you just need click one of the button.
Quotex registration is very simple and don’t take a lot of time. Now you don’t need any registration to open demo account. $10,000 in Demo account allow you practice as much as you need for free.
We recommend use demo trading for practice before making real deposit. Please remember more practice more chance to make real money with https://www.binaryoptions.one. Click "Trading on a demo account" button to trade with Demo account.
A demo account is a tool for you to get familiar with the platform, practice your trading skills on different assets, and try out new mechanics on a real-time chart without risks.
How to Deposit money in Quotex
How to Register by Facebook
Also, you have an option to open your account using your personal Facebook account and you can do that in just few simple steps:
1. Click on Facebook button
2. Facebook login window will be opened, where you will need to enter your email address that you used to register in Facebook
3. Enter the password from your Facebook account
4. Click on “Log In”
Once you’ve clicked on the “Log in” button, Quotex is requesting access to: Your name and profile picture and email address. Click Continue...
After that You will be automatically redirected to the Quotex platform.
How to Register by Gmail
1. Click on Google button
2. Google account sign in window will be opened, where you will need to enter your gmail address and click on “Next”
3. Then enter the password for your Gmail account and click “Next”.
After that, follow the instructions sent from the service to your email address and you will be automatically redirected to the Quotex platform.
How to Register by VK
1. Click on VK button
2. VK login window will be opened, where you will need to enter your email address that you used to register in VK
3. Enter the password from your VK account
4. Click on “Sign In”
After that You will be automatically redirected to the Quotex platform.
Register Through Android App
The mobile version of the trading platform is exactly the same as web version of it. Consequently, there won’t be any problems with trading and transferring funds.
Actually, it is pretty simple to open an account on Quotex through Android App too. If you want to register through Android App, follow these easy steps:
- Enter a valid email address and create a strong password
- Choose a currency to deposit and withdraw funds in.
- Read and agree "Service Agreement". Click on the check box
- Click "Register"
Displaying a new page after successful registration, If you want to trade on Demo account, click "Trading on a demo account" and You have $10,000 in Demo Account
A demo account is a tool for you to get familiar with the platform, practice your trading skills on different assets, and try out new mechanics on a real-time chart without risks.
Once you’re ready to start trading with real funds, you can switch to a real account and deposit your money.
How to Deposit money in Quotex
If you already work with this trading platform, log in to your account on Android mobile device.
Register on Mobile Web Version
At this step we still enter the data: email, password, select currency, check "Service Agreement" and click "Sign up"
Here you are! Now you are able to trade from the mobile web version of the platform. The mobile web version of the trading platform is exactly the same as a regular web version of it. Consequently, there won’t be any problems with trading and transferring funds.
You also have $10,000 in Demo Account, you can also trade on a real account after depositing.
That’s it, you just opened your Quotex account on mobile Web.
You can also open Quotex account by Gmail, Facebook, VK account.
- Select “Facebook” registration (in case if you have Facebook social account)
- Select “Gmail” registration (in case if you have Gmail account)
- Select “VK” registration (in case if you have VK account)
How to Verify Account in Quotex
What data is required to register on the Company website?
The registration process is simple and does not take much time.
It is necessary to fill out a questionnaire on the proposed form. You will be required to enter the following information:
- name (in English)
- email address (indicate the current, work, address)
- telephone (with a code, for example, + 44123 ....)
- a password that you will use in future to enter the system (in order to minimize the risk of unauthorized access to your individual account, we recommend that you create a complex password using lowercase, uppercase letters and numbers. Do not disclose the password to third parties)
After filling out the sign-up form, you will be offered various ways to fund your account for trading.
How to verify Quotex account?
- provide a color scan copy of the first spread of the Clients passport (passport page with photo)
- identify with the help of a "selfie" (photograph of himself)
- confirm the address of registration (residence) of the Client, etc
The Company may request any documents if it is not possible to fully identify the Client and the data entered by him.
1. Go to Account
2, Enter all data for "Identity Info" and click "Change Indentity Info"
3. Then upload your indentity as passport, drivers license or local ID card to "Documents Verification"
4. After upload your Identity, you will see the "Waiting confirmatioon" as below
5. After the electronic copies of documents have been submitted to the Company, the Client will have to wait some time to verify the data provided.
If it is verified, you will see the status as below
How to Deposit at Quotex
How to Deposit by Visa / MasterCard?
It is very easy to do. The procedure will take a couple of minutes.
1) Open the trade execution window and click on the green "Deposit" button in the upper right corner of the tab.
You can also deposit the account through your Personal Account by clicking the "Deposit" button in the account profile.
2) After it is necessary to choose a method of depositing the account (the Company offers a lot of convenient methods that are available to the Client and are displayed in his individual account). Choose "Visa / MasterCard".
3) Choose the bonus and enter the amount of the deposit. Then, click "Deposit".
4) Fill out the form by entering the requested payment details, and click "Pay".
5) Deposit successfully, check your money on Live Account.
How to Deposit by Perfect Money?
1) Open the trade execution window and click on the green "Deposit" button in the upper right corner of the tab.
You can also deposit the account through your Personal Account by clicking the "Deposit" button in the account profile.
2) After it is necessary to choose a method of depositing the account (the Company offers a lot of convenient methods that are available to the Client and are displayed in his individual account). Choose "Perfect Money".
3) Choose the bonus and enter the amount of the deposit. Then, click "Deposit".
4) Select desired payment method and click "Make payment".
5) Fill out the form by entering the requested payment details and click "Preview payment".
6) Deposit successfully, check your money on Live Account.
How to Deposit by Cryptocurrency?
It is very easy to do. The procedure will take a couple of minutes.
1) Open the trade execution window and click on the green "Deposit" button in the upper right corner of the tab.
You can also deposit the account through your Personal Account by clicking the "Deposit" button in the account profile.
2) After it is necessary to choose a method of depositing the account (the Company offers a lot of convenient methods that are available to the Client and are displayed in his individual account).
Example: Choose "Bitcoin (BTC)".
3) Choose the bonus and enter the amount of the deposit. Then, click "Deposit".
4) Choose Bitcoin for depositing.
5) Just copy your deposit address and paste it into the withdrawal platform, and then you can deposit coins to Quotex.
6) After sending It successfully, you will receive the notification "Payment Complete".
7) Check your Money on Live Account.
Please refer to this page to see more: How to Deposit by Cryptocurrency in Quotex
How to Trade Digital Options at Quotex
What are digital options?
DIGITAL OPTION - a non-standard option that is used to make a profit on price movements of such assets for a certain period of time.
A digital option, depending on the terms agreed upon by the parties to the transaction, at a time determined by the parties, brings a fixed income (the difference between the trade income and the price of the asset) or loss (in the amount of the value of the asset).
Since the digital option is purchased in advance at a fixed price, the size of the profit, as well as the size of the potential loss, are known even before the trade.
Another feature of these deals is the time limit. Any option has its own term (expiration time or conclusion time).
Regardless of the degree of change in the price of the underlying asset (how much it has become higher or lower), in case of winning an option, a fixed payment is always made. Therefore, your risks are limited only by the amount for which the option is acquired.
What are the varieties of digital options?
Simply, buying a digital contract, you are actually betting on the price movement of such an underlying asset.
An underlying asset is an “item” whose price is taken into account when concluding a trade. As the underlying asset of digital options, the most sought-after products on the markets usually act. There are four types of them:
- securities (shares of world companies)
- currency pairs (EUR / USD, GBP / USD, etc.)
- raw materials and precious metals (oil, gold, etc.)
- indices (SP 500, Dow, dollar index, etc.)
There is no such thing as a universal underlying asset. When choosing it, you can only use your own knowledge, intuition, and various kinds of analytical information, as well as market analysis for a particular financial instrument.
How to Trade digital options?
- You can scroll through the list of assets. The assets that are available to you are colored white. Click on the assest to trade on it.
- You can trade on multiple assets at once. Click on the “+” button left from the asset section. The asset you choose will add up.
The percentage next to the asset determines its profitability. The higher the percentage – the higher your profit in case of success.
Example. If a $10 trade with a profitability of 80% closes with a positive outcome, $18 will be credited to your balance. $10 is your investment, and $8 is a profit.
Some asset’s profitability may vary depending on the expiration time of a trade and throughout the day depending on the market situation.
All trades close with the profitability that was indicated when they were opened.
2. Choose an Expiration Time
The expiration period is the time after which the trade will be considered completed (closed) and the result is automatically summed up.
When concluding a trade with digital options, you independently determine the time of execution of the transaction (1 minute, 2 hours, month, etc.).
3. Set the amount you’re going to invest. The minimum amount for a trade is $1, the maximum – $1000, or an equivalent in your account currency. We recommend you start with small trades to test the market and get comfortable.
4. Analyze the price movement on the chart and make your forecast. Choose Up (Green) or Down (Red) options depending on your forecast. If you expect the price to go up, press "Up" and if you think the price to go down, press "Down"
5. Wait for the trade to close to find out whether your forecast was correct. If it was, the amount of your investment plus the profit from the asset would be added to your balance. If your forecast was incorrect – the investment would not be returned.
You can monitor the Progress of your Order under The Trades
How to Withdraw Money at Quotex
How to Withdraw by Visa / MasterCard?
The procedure for withdrawing capital is extremely simple and is carried out through your individual account.
The method that you have chosen to deposit the account is also a method of withdrawing funds.
For example, if you made a deposit to your account via the Visa / MasterCard payment system, you will also withdraw money via the Visa / MasterCard payment system.
When it comes to the withdrawal of a sufficiently large amount, the Company may request verification (verification is requested at the Companys sole discretion), which is why it is very important to register an account individually for yourself in order to confirm your rights to it at any time.
1. Go to Withdrawal.
2. Choose payment Method: Visa / MasterCard, Card and input the amount we want to withdraw. Then, click "Confirm" button.
3. Enter the Pin-code, they send to your email. Click "Confirm".
4. Your request has successfully sent.
Checking all your Withdrawal request, click "Transaction", you see the latest request as below.
How to Withdraw by Perfect Money?
The procedure for withdrawing capital is extremely simple and is carried out through your individual account.
The method that you have chosen to deposit the account is also a method of withdrawing funds.
For example, if you made a deposit to your account via Perfect Money, you will also withdraw via Perfect Money.
1. Go to Withdrawal.
2. Choose payment Method: Perfect Money, input the Purse and the amount we want to withdraw. Then, click "Confirm" button.
3. Enter the Pin-code, they send to your email. Click "Confirm" button.
4. Your request has successfully sent.
Checking all your Withdrawal request, click "Transaction". You see the latest request as below.
How to Withdraw by Cryptocurrency?
The procedure for withdrawing capital is extremely simple and is carried out through your individual account.
The method that you have chosen to deposit the account is also a method of withdrawing funds.
For example, if you made a deposit to your account via the Bitcoin, you will also withdraw Bitcoin.
1. Go to Withdrawal.
2. Choose payment Method. Example: Bitcoin (BTC).
Withdraw money using Bitcoin so enter the address of bitcoin we want to receive in "Purse" and input the amount we want to withdraw. Then, click "Confirm" button.
3. Enter the Pin-code, they send to your email. Click "Confirm" button.
4. Your request has successfully sent.
Checking all your Withdrawal request, click "Transaction".
You see the latest request as below.
Frequently Asked Quentions (FAQ)
Account
Is the download of the program to a computer or smartphone required?
In what currency is the Clients account opened? Can I change the currency of the Clients account?
A list of available currencies can be found on your profile page in your Clients account.
Is there a minimum amount that I can deposit to my account at registration?
Verification
Is it possible to indicate other peoples (fake) data when registering on the website?
If it is necessary to conduct various kinds of checks of the Client’s identity, the Company can request documents or invite the Client to its office.
If the data entered in the registration fields does not match the data of the submitted documents, your individual profile may be blocked.
How to understand that I need to go through account verification?
However, the Company uses the contact details that you specified in the registration form (in particular, your email address and phone number). Therefore, be careful to provide relevant and correct information.
How long does the verification process take?
If I made a mistake during entering data into my individual account, how can I fix this?
How do I know that I successfully passed verification?
Deposit
What is the minimum Deposit amount?
Is there any fee for Depositing or Withdrawing funds from the account?
However, it is worth considering that payment systems can charge their fee and use the internal currency conversion rate.
Do I need to Deposit the account of the trading platform and how often do I need to do this?
You can start trading without cash, only using the companys training account (demo account). Such an account is free of charge and created to demonstrate the functioning of the trading platform. With the help of such an account, you can practice acquiring digital options, understand the basic principles of trading, test various methods and strategies, or evaluate the level of your intuition.
Trading
What are the possible results of the placed trades?
1) in the event that your prognosis of determining the direction of the price movement of the underlying asset is correct, you receive income.
2) if by the time the option was concluded your forecast turned out to be erroneous, you incur a loss limited by the size of the asset value (i.e., in fact, you can only lose your investment).
3) if the outcome of the trade is zero (the price of the underlying asset has not changed, the option is concluded at the price at which it was purchased), you return your investment.Thus, the level of your risk is always limited only by the size of the asset value.
What determines profit size?
- the liquidity of the asset you have chosen in the market (the more the asset is in demand in the market, the more profit you will receive)
- the time of the trade (the liquidity of an asset in the morning and the liquidity of an asset in the afternoon can vary significantly)
- tariffs of a brokerage company
- changes in the market (economic events, changes in part of a financial asset, etc.)
How can I calculate the profit for a trade?
A feature of digital options is a fixed amount of profit per transaction, which is calculated as a percentage of the value of the option and does not depend on the degree of change in this value. Suppose if the price changes in the direction predicted by you by only 1 position, you will earn 90% of the value of the option. You will earn the same amount if the price changes to 100 positions in the same direction.
To determine the amount of profit, you must perform the following steps:
- choose the asset that will underlie your option
- indicate the price for which you would have purchased the option
- determine the time of the trade, after these actions, the platform will automatically display the exact percentage of your profit, in case of a correct prognosis
The yield of a digital option is fixed immediately upon its acquisition, therefore you do not need to wait for unpleasant surprises in the form of a reduced percentage at the end of the trade.
As soon as the trade is closed, your balance will automatically be replenished by the amount of this profit.
What is the gist of digital options trading?
The principle of the trading process is reduced only to the solution of one single task - the price of an asset will increase or decrease by the time the contract is executed.
The aspect of such options is that it does not matter to you at all, that the price of the underlying asset will go one hundred points or only one, from the moment the trade is concluded to its close. It is important for you to determine only the direction of movement of this price.
If your prognosis is correct, in any case you get a fixed income.
How to learn quickly how to make money in the digital options market?
- develop your own trading strategies, in which the number of correctly predicted trades will be maximum, and follow them
- diversify your risks
At what expense does the Company pay profit to the Client in case of successful trade?
In addition, trades conducted by the Client together constitute the trading volume of the Company, which is transferred to a broker or exchange, which in turn are included in the pool of liquidity providers, which together leads to an increase in the liquidity of the market itself.
What is a trading platform and why is it needed?
Withdrawal
Is there any fee for depositing or withdrawing funds from the account?
However, it is worth considering that payment systems can charge their fee and use the internal currency conversion rate.
How long does it take to withdraw funds?
Do I need to provide any documents to make a withdrawal?
The list of such documents is minimum, and the operation to provide them will not take you much time and effort.
What is the minimum withdrawal amount?
The minimum withdrawal amount is 10 US dollars for most payment systems.
The minimum withdrawal amount for Bitcoin is 50 USD.