Financial investments are capable of bringing great profits or huge losses. So it is important to know where to invest and whether it is a reliable broker, whether online or offline. One such kind of online broker is Quotex, where you can invest and trade.
But with every online trading or investment platform, it is very important to know whether it is legit or just a scam. Today we are going to find out the answer, whether Quitex is legit or just a scam.
Quotex: Understanding The Platform
Quotex is a digital broker that helps you in investing and online trading in over 100 markets. This online platform was founded in the year 2020 and is owned by Maxbit LLC. It is an off-shore online broker that caters to all types of online clients.
This online platform is available for both desktop and mobile usage. The platform is operational and provides its services to over 20 countries. Even though the initial features are impressive for Quotex as an investment platform, the question of its legitimacy still stands.
| Binary Options Broker | Quotex |
| Website | https://qxbroker.com |
| Social Media | Facebook, YouTube, Instagram, Twitter |
| Head Office | Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles. |
| Types of Support | Email: [email protected] Feedback form on the site. Tickets in my personal cabinet Help Center Facebook, Twitter, Instagram. |
Quotex: Facts & Regulation
Before you invest through the Quotex app, there are specific facts and regulations that you should know about.
| Regulation | IFMRRC (International Financial Market Relations Regulation Center) |
| Minimum deposit | $10 |
| Withdrawal limit | No Limit |
| Maximum trade amount | $1 |
| Minimum trade amount | $1000 |
| Demo account | Free and unlimited |
| Bonus | Up to 100% + |
| Yield | Up to 95% + |
| Assets | 100 + forex, stocks, commodities, indices |
| Payment Methods | Credit cards, e-wallets, online banking, cryptocurrencies |
| Fees | No additional fees |
| Support | 24/7 chat and email |
| Languages | English, Spanish, Portuguese, Ukrainian, Russian and German, etc. |
Quotes is a safe trading and investment platform that is fully secure. The FMRRC regulation that it received is not an official financial authority. It is actually an independent and international regulatory body. With all these, it actually looks like Quotex is a safe and legit broker for investing.
It provides a lot of security measures, such as
- Regulatory body FMRRC.
- The company’s official number is 226716.
- It is a secure and safe platform for investing and trading.
- It provides a 2-step verification process.
- The payment methods are safe and secure.
Quotes: Trading Offers And Conditions
The Quotex trading techniques are pretty simple compared to other trading and investing platforms. It is easy to predict the movement of money before the time expires.
When it comes to offers provided by Quotex are.
- The minimum amount of deposit that Quotex wants is $10.
- The minimum trading amount is about $1.
- Yield of each trade is about 95%+.
- The bonus that you receive from here is 100%.
- The expiration time for every trade can be somewhere between 60 secs to 4 hours.
How To Open Your Trading Account With Quotex
To open a Quotex login account, you have to register on the platform with a valid email id and a strong password. After registering, you are required to follow a two-step verification.
If you are withdrawing or even depositing a huge amount of money, you may be required to upload a valid identification card of yours.
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Types Of Quotex Accounts:
- Standard Account
- Pro Account
- VIP Account
Quotex Demo Account
If you are serious about opening a Quotex trading account and you are a beginner, then the best thing to do here is practice first on a demo account. It is great for practicing.
With this practice account, you are able to gain the knowledge that is highly required to operate trading and investing better. With the free demo account, you are given $10,000 in fake money to learn about the online trading business.
Quotex Login
The login process of Quotex is fairly easy and simple, and very secure with two-step verifications. To login, you need to have a proper email id and a strong password; this suggests that the app is quite serious about its security.
Quotex Verification
The account verification process is quite extensive and strict. After you have created an account, they require you to upload a few important documents to determine your legitimacy.
- A photocopy of the first page of your passport.
- A proper selfie to identify.
- A residential proof.
Quotex: Is It Legit Or A Scam?
Is it safe to say that after analyzing the platform and features properly, I can say that Quotex is definitely a legit trading and investing application. While researching more about this app, I stumbled upon the Quotex reviews. And there were hardly any negative comments about this app.
This is great for any trading platform as it never happens. But after trying it myself, I can safely say you can actually make money using it, and there is no additional fee that is charged as well. And later, the withdrawal system was quite easy and fast.
Frequently Asked Questions (FAQs):
So now that you know the legitimacy of the trading app Quotex, if you have any more queries, here are what others have asked.
Quotex is a 100% legitimate trading and investment platform and better in most ways than its competitor platforms. The whole trading process is very easy through this platform.
Whether you are depositing or withdrawing money, the process is quite faster and without any additional fee structure.
The profit is calculated by Quotex and on your behalf. The yield is actually calculated as a percentage of the value that is generated. The percentage does not change with the value.
There are a few specific deposit and withdrawal processes, and if you use those processes, both the deposit and withdrawal process becomes easier. It takes about 1 to about 5 days to complete the withdrawal process. Depending on the withdrawal amount, you might be required to show some identification proof.
Wrapping Up!
After analyzing the Quotex app myself and analyzing other reviews. I can finally conclude that the platform is perfectly legit and a reliable platform for you to invest and start trading here online without any problem.
The platform is fully secured and has a proper identification check before it lets you invest money here. So you won’t have to worry about any scam here on the Quotex platform.
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