Quotex is a modern online trading platform that specializes in digital options trading. It offers users a simple interface, a variety of assets to trade, and fast execution times. Whether you’re interested in currency pairs (Forex), stocks, indices, or cryptocurrencies, Quotex provides a streamlined experience designed for both beginners and experienced traders.
What makes Quotex stand out is its minimal learning curve and user-friendly dashboard—perfect for anyone new to online trading.
Why Choose Quotex for Beginners?
Before diving into the actual tutorial, it’s important to understand why Quotex is suitable for newcomers:
- Intuitive Interface: Clean layout, simple charts, and easy-to-use controls.
- Demo Account: $10,000 virtual balance to practice with zero risk.
- Low Minimum Deposit: Start trading with as little as $10.
- Instant Withdrawals: Quick and smooth withdrawal process.
- Variety of Assets: Trade in multiple markets from one place
Now, let’s walk through this Quotex trading tutorial step-by-step.
Step 1: Create Your Quotex Account
Visit the official site: quotex.tr
Click the Sign Up or Get Started button. You’ll need to provide:
- Your email address
- A secure password
- Choose your account currency (USD, EUR, etc.)
You can also register using your Google or Facebook account for faster sign-up.
Once your account is created, you’re immediately given access to a free demo account with $10,000 in virtual funds. This is the perfect place to practice.
Step 2: Understand the Trading Dashboard
After signing in, you’ll land on the main dashboard. Here’s a quick breakdown of the key elements:
- Asset Selection: Choose from currencies, stocks, crypto, or commodities.
- Chart Area: Real-time price movements displayed with customizable timeframes.
- Trade Panel: Enter trade amount, select time (expiration), and predict direction (up/down).
- Balance Display: Shows your live or demo balance.
- Trade History: View your past and current positions.
Everything is organized for quick access, even if you’ve never traded before.
Step 3: Practice with the Demo Account
Using the demo account is highly recommended before risking real money. Here’s how:
- Choose an asset (e.g., EUR/USD).
- Select a trade amount (e.g., $10).
- Choose the expiration time (30 seconds to 4 hours).
- Click Up (Green) if you predict the price will rise by the end of the time.
- Click Down (Red) if you predict the price will fall.
The platform will show if your prediction was correct after the expiration. Practice different strategies and assets to understand how the platform reacts.
Step 4: Make Your First Deposit
Once you’re comfortable using the demo, you can switch to a real account.
To fund your account:
- Click on Deposit in the top-right corner.
- Choose your preferred payment method (credit/debit card, e-wallets, crypto).
- Enter the amount (minimum is $10).
- Follow the instructions to complete the transaction
Tip: Quotex often provides a deposit bonus (e.g., 20% or more). Read terms carefully.
Step 5: Place Your First Real Trade
Now, it’s time to go live!
- Switch from Demo to Real account using the toggle button.
- Select your preferred asset.
- Enter your trade amount (start small, e.g., $1–$5).
- Pick the expiration time.
- Decide your prediction—Up or Down.
- Click to confirm and wait for the outcome.
It’s that easy! If your prediction is correct, you’ll receive the return (typically 70%–95%) instantly.
Step 6: Understand Risk and Strategy
Even though Quotex is beginner-friendly, trading involves risk. Avoid jumping in blindly. Here are a few quick tips to manage your risk and increase your chances of success:
Risk Management:
- Don’t risk more than 1–2% of your account on a single trade.
- Avoid chasing losses.
- Stick to your plan and avoid emotional trading.
Simple Strategies to Start:
- Trend Following: If the price has been rising for a while, trade in the same direction.
- Support & Resistance: Identify key levels where prices reverse.
- News-Based Trading: Avoid trading during high-volatility news unless experienced.
Explore these on your demo account before applying in real trades.
Step 7: Withdraw Your Profits
When you’re ready to cash out:
- Go to Withdraw in your dashboard.
- Choose the withdrawal method (same as deposit recommended).
- Enter the amount.
- Submit your request.
Withdrawals are usually processed within 1–3 business days. Make sure your account is verified (upload ID, proof of address) to avoid delays.
Common Questions About Quotex (FAQ)
1. Is Quotex safe for beginners?
Yes. Quotex is regulated by the IFMRRC and uses secure protocols to protect users.
2. Can I lose money?
Yes, all trading involves risk. That’s why using the demo first is crucial.
3. Is there a mobile app?
Absolutely. Quotex has apps for Android and iOS for trading on the go.
4. Do I need experience to start?
No experience is needed. This Quotex trading tutorial is built for complete beginners.
Final Thoughts
Trading doesn’t have to be complex or intimidating. With platforms like Quotex, anyone can learn the basics, start small, and grow at their own pace. This Quotex trading tutorial covered everything you need—from account setup to placing your first trade. But remember, the key to success in trading is patience, practice, and discipline.
Whether you’re looking for extra income or want to explore the world of financial markets, Quotex is a solid platform to begin your journey.