Digital options on a wide range of underlying assets can be traded on Quotex. Trading on the simple up and down fluctuation of prices with fixed costs and outcomes is what is meant by the phrase “digital option.” The web-based software requires no installation. The platform allows users to trade options on stocks, currencies, commodities, and certain indices. There is also a wide range of expiration times, from one minute to a month or more in some circumstances.
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The Benefits of Quotex
Let’s explore why Quotex is so highly regarded as a binary trading platform:
User-Friendly Trading Environment
The platform provides a user interface that is intuitive and suitable for novices. It might be challenging for newcomers to find markets, but Quotex is a fantastic place to begin. Demo accounts, in particular, don’t provide you with access to the full suite of features that come with live accounts while trading assets.
Diverse Financial Products to Choose From
Options, stocks, currency, and cryptocurrencies are just some of the trading instruments available on Quotex. Traders can spread their bets and take advantage of a wider range of market conditions in this way.
Social Trading
Social trading is available on Quotex and enables investors to monitor the actions of other investors and mimic their transactions. For those who are just getting started in trading and would benefit from hearing the advice of seasoned pros, this is a useful resource.
Maximum Payout of 95%
Quotex’s huge payouts, up to 95% of the trade’s value are another major selling point. In conjunction with the platform’s cheap costs, this means you keep almost all of your trading profits.
The Binary Options Bonus: What Is It?
Brokers employ binary trading bonuses to entice new customers to join their service. These monetary incentives can take many forms, from free-for-all raffles and trading contests to deposit-free bonuses for loyal customers. These bonuses typically come in the form of trade credits that must be wagered a certain number of times before they can be cashed out.
The Binary Bonus Amount of Quotex
There is no set figure for the bonus. Rather, it is based on your account balance. If you invest $50, for instance, you will receive a bonus of $20. Similarly, a 25% incentive of $100 would amount to $25. You can obtain a 30% bonus with a $150 deposit, and a 35% bonus with a $300 deposit. Quotex offers new traders the chance to earn a 30% binary option welcome bonus just for signing up for an account. The purpose of this bonus is to inspire more investors to do more lucrative trades. Getting a bonus of this size is a great method to improve your financial standing in the trading industry. However, before applying for this bonus, make sure to read Quotex’s terms and conditions. This is because bonus codes may require a minimum trading volume at various times. In addition, there are bonuses available in the form of cash back, the cancellation of X points, an incentive to lower risk, and bonus balances. This trustworthy trading platform also offers promotional coupons that may be used to save money and increase one’s trading volume. However, only active traders can use discount codes. Furthermore, these codes are consistent with company-wide discounts. If you receive a discount coupon, you should use it as soon as possible because codes typically expire after 30 days.
Quotex Funds In and Out Transfers
Quotex traders can get started using just a $10 deposit and a $10 withdrawal. The company does not charge any fees for making deposits or withdrawals, and clients can use a variety of payment methods including credit cards, cryptocurrencies, online banking, and electronic wallets as described in the article. The accepted methods of payment do change from country to country. Bitcoin, Litecoin, and Ethereum are all acceptable deposit options for UK customers, while a variety of Indian banks and famous e-wallets like Perfect Money are available to Indian traders. Withdrawals start at $10, however Bitcoin withdrawals start at $50. The corporation may request further verification for transactions of unusually large value. It takes three days to process a withdrawal. The company’s goal is to process withdrawal requests and issue payments on the exact same business day.