How to get started with Quotex and achieve online trading success
Quotex makes it easy to start trading. We will guide you in this step-bystep guide through starting your trading with quotex.
Step One: Account registration
Create an Account. To create an account, visit the Quotex web site and click “Sign Up”. Register by submitting your personal data and creating an encrypted password. You will need to provide accurate information for the account verification.
Verifying your Identity
Quotex has a strict set of regulations and you must verify your identity to adhere to the Know Your Customer (KYC). To verify your identity you will be required to upload a copy either of your driver’s or passport and a proof of address such as an utility bill or a bank account statement.
Step 3 – Deposit funds
Depositing funds is required once you have verified your account. Quotex has a range of deposit methods available, such as credit/debit cards and electronic wallets. You can choose the best method for you and make an initial deposit by following the directions. As trading is a risky business, you should start off with a small amount.
You can explore the Demo Account in Step 4.
Use the demo account to practice your trading skills if this is something you’re brand new at. It is an invaluable tool that allows you to improve your trading techniques without having to risk real money. It is possible to seamlessly switch between demo and real account.
This is the final step.
Get to know the Quotex trading platforms. Explore the platform to learn about available assets, trading types and user interface. You can use chart analysis tools and technical indicators to make trading decisions.
Step 6: Develop Your Trading Strategy
For trading to be successful, it is important that you have a strategy. You can use the previous articles to help you choose a trading strategy, like trend-following trading, trading ranges, or using news. You should choose a strategy based on your personal goals and level of risk.
Step 7 – Place your first order
After you have become familiar with the trading platform and developed a plan, it is time to execute your first transaction. Pick the asset, the trade amount, the type of transaction, and set the expiry. As soon as you confirm the trade, keep an eye on the market.
Step 8 – Monitor and manage your trades
Monitor the status of your trade after placing it. Quotex gives you real-time trading signals and market data to stay in the loop. You can use stop-loss ordering to minimize your risks and maximize potential profits.
Step 9 Withdraw your Profits
You can withdraw your profits when you make successful trades. Quotex gives you multiple withdrawal options and makes the process simple. It is important to note that your withdrawal may require some processing time, depending on how you withdraw.
Quotex’s trading platform makes the process of starting your journey seamless. Following these steps will help you explore the online world of trading. For greater trading success, it is important to keep yourself informed, to refine your trading strategies, and to manage your risk. Quotex has a wide range of trading options, which you can successfully navigate with the help of the right strategies.