Quotex Mobile App Review

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The Quotex mobile app is a digital options trading platform that provides users with access to a variety of assets, including Forex, stocks, and commodities. With a simple interface and real-time market data, it allows traders with access to advanced features for analysing trends and executing trades quickly. The app supports flexible expiration times, ranging from short-term to long-term options, making it suitable for different trading strategies.

Curious about the Quotex mobile app and what it offers? The Quotex app review provides a clear and detailed look at this trading platform. Designed for mobile devices, the Quotex app gives traders a convenient way to access the market anytime. But does Quotex have an app that meets traders' needs? To answer this, our experts have carefully analyzed its features, functionality, and benefits.

In this review, you'll find everything you need to know about its main tools, additional options, and how it enhances the trading experience.

Quotex app checklist

QUOTEX Review

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Here’s a checklist of the Quotex app:

Mobile apps comparison
Broker	Quotex	RaceOption	VideForex
Mobile App Rating	4.5/5	2.4/5	4.0/5
User friendliness	4.5/5	4.0/5	4.0/5
Updates	Yes	Yes	Yes
Biometric and two-factor authentication	Yes	Yes	Yes

How to download and set up Quotex app

Follow these download instructions and set up the Quotex app on your mobile device:

1. Download and install the app

To begin, go to the Google Play Store or Apple App Store and search for the Quotex app. Once you find it, download and install it on your mobile device. This will allow you to access the trading platform anytime and start using its features.

2. Register an account

After installing the app, open it and select the "Create Account" option. You can sign up using Google, VK, or Facebook by entering your credentials and following the registration steps. Once you confirm your details, your account will be ready for use.

3. Log in to your account

Once your account is set up, go to the Quotex app login screen and enter your registered email and password. If you signed up using a social media account, make sure to use the same login method. To access your trading dashboard, simply sign in through the Quotex mobile app using your chosen credentials.

4. Make a deposit

Before you can start trading, you need to add funds to your account. The minimum deposit required is $10, making it accessible for traders at all levels. With a minimum trade amount of just $1, the platform offers flexibility for beginners and experienced traders alike.

5. Start trading

Choose an asset to trade and check the potential percentage return for a successful trade. Select an expiration time from 1 min to 4 hrs, depending on your strategy. Then, decide whether the price will go up or down and enter the amount you want to invest.

6. Use trading strategies

To improve your chances of success, use trading strategies and market analysis tools available on the app. Charts and indicators help track price movements and market trends. Developing a solid trading strategy can reduce risks and improve overall performance.

By following these steps, you can easily set up your account and start trading on Quotex.

How to use Quotex app?

To start trading on Quotex, download the app, create an account, and log in. The trading app of Quotex allows users to trade various assets, including Forex, stocks, and commodities. Traders can analyze market trends using charting tools and technical indicators before placing trades.

How to use Quotex app?

Download and install

Go to the Google Play Store or Apple App Store, search for Quotex, and install the app on your device.

Create an account

Open the app and select "Sign Up." Choose a registration method (Google, VK, or Facebook), enter your details, and confirm your account.

Log in to your account

After registration, go to the Quotex app login page, enter your credentials, and access your trading dashboard.

Fund your account

Deposit a minimum of $10 to start trading. The platform offers multiple payment options for fast and secure transactions.

Select an asset

Choose from over 400 trading instruments, including Forex pairs, stocks, commodities, and indices.

Set trade parameters

Pick an expiration time (from 1 minute to over a month), analyze market trends, and decide whether the price will go up or down.

Place a trade

Enter the amount you want to invest and confirm your trade. Quotex’s trading app offers fast execution for seamless trading.

Use market tools

Access real-time charts, indicators, and analysis tools to improve your trading strategy. Beginners can also practice with a demo account before investing real money.

Main features of Quotex mobile app

Web-based platform

Quotex’s official app is web-based, meaning traders do not need to download or install any software. This allows users to access their accounts from any device with an internet connection, making trading more convenient and flexible.

Wide range of assets

Traders can choose from over 400 different assets, including company stocks, Forex pairs, commodities, and popular indices like the S&P 500. This variety gives traders multiple options to diversify their portfolio.

Flexible expiry times

The platform offers expiry durations ranging from just 1 minute to over a month in some cases. This flexibility allows traders to select the time frame that best fits their trading strategy.

Competitive payouts

Payout percentages depend on the chosen asset and expiry time. Some trades may offer higher returns, especially if market conditions are favorable or if the trader takes a contrarian position.

Educational resources

Traders can use the demo account to practice and learn how the system works before investing real money. The platform also provides tutorial videos and market news to help users stay informed about financial trends.

Mobile app for android

The Quotex official app is available for Android devices, offering a fast and responsive experience. Traders can access all the features of the web platform directly from their smartphones, ensuring smooth trading on the go.

Customizable charts and indicators

The platform includes many built-in indicators that traders can adjust to match their preferences. This feature helps users develop personalized trading strategies based on market trends.

Demo account with virtual funds

Quotex offers a demo account. New traders can start with a demo account loaded with $10,000 in virtual funds. This allows them to practice real trading scenarios while limiting access to exclusive trading tips and proprietary content.

Additional features of the Quotex app

Quotex mobile app also offers a range of additional features that make it an effective and convenient trading platform. Here's a closer look at these features:

User-friendly trading interface

Quotex stands out as a broker, offering an app that is designed for a smooth and hassle-free trading experience. Its intuitive interface makes it easy for both beginners and experienced traders to navigate the platform and focus on their trades without distractions.

Integrated trading signals

Traders can access built-in trading signals to make more informed decisions. These signals help analyze market trends, reducing the risk of errors and improving trade accuracy. Using charts alongside signals can enhance a trader’s overall strategy.

Advanced trading indicators

Quotex broker’s app offers a variety of technical indicators to help traders understand market movements more effectively. These tools allow users to analyze price trends and identify potential trading opportunities with greater confidence.

High-speed trade execution

Powered by advanced technology, the platform ensures fast trade execution without delays or glitches. This high-speed trading capability helps traders enter and exit positions smoothly, minimizing the risk of losses due to technical issues.

Low minimum deposit requirement

Unlike many other trading apps, Quotex allows traders to start with a deposit as low as $10. This affordable entry point makes it accessible to a wide range of users, from beginners to seasoned traders looking for a cost-effective platform.

Pros and cons of Quotex mobile app

Easy-to-Use Interface. Quotex's own brand online platform has an easy-to-use interface that makes it beginner-friendly.
Minimum deposit. With a minimum deposit of $10 and no withdrawal fees, Quotex is an affordable trading platform for traders of all levels.
Global access. Quotex offers global access in different languages, making it accessible to traders worldwide.
Unlimited trading signals. Quotex provides unlimited trading signals to help traders make informed trading decisions.
Deposit bonus. Quotex offers a 30% deposit bonus to traders, giving them more funds to trade with.
Cryptocurrency payments. Quotex accepts crypto payments, allowing traders to make deposits and withdrawals using cryptocurrencies.
High payouts. Quotex offers high payouts of up to 98%, giving traders the potential to earn significant profits.

No copy trading. Quotex does not offer copy trading, which may be a disadvantage for some traders who prefer to follow the trades of others.
No leverage. Quotex does not offer leverage, which can limit the potential for profits.
Unregulated brokerage. Quotex is an unregulated brokerage, which means that traders may not have the same level of protection as they would with a regulated brokerage.

Consider risk management and emotional control in trading

I always emphasize that success in digital options trading isn’t just about choosing the right platform, it’s also about managing risk and maintaining discipline. Many traders focus solely on strategies and indicators, but they often overlook the psychological aspect of trading. In my experience, emotional trading, such as chasing losses or overtrading after a win, can lead to unnecessary risks. Setting a strict risk management plan, such as limiting trade sizes and sticking to a predetermined strategy, is crucial for long-term success.

Another important factor traders should consider is the reliability of customer support and fund security. While platforms like Quotex offer a smooth user experience, it’s essential to verify the withdrawal process and understand the platform’s terms regarding transaction fees and processing times. I always advise traders to test the withdrawal system with a small amount before committing significant funds.

FAQs

What is the Quotex app about?

The Quotex app is a trading platform that allows users to trade digital options on various assets, including Forex, stocks, commodities, and indices. Many new users often ask whether the Quotex app is real or fake, especially before making a deposit. It provides tools for market analysis, quick trade execution, and a user-friendly interface for both beginners and experienced traders.

Is Quotex a good app?

Yes, Quotex is a reliable trading app with features like a simple interface, low minimum deposit, unlimited trading signals, and high payout potential. It is designed to be accessible worldwide and offers traders useful tools for making informed decisions.

Is Quotex legal in the USA?

No, Quotex is not legally available for traders in the USA. Users should check their country’s regulations before opening an account.

Which is better: Quotex or Binomo?

Both Quotex and Binomo have features that support digital options trading. The best choice depends on your personal trading needs, such as available assets, payout rates, and platform tools. It is recommended to compare both and select the one that fits your strategy.

Is the Quotex app real or fake?

Most of the beginners have this one doubt: Quotex app is real or fake? Well, Quotex is a real trading platform that has been used by traders worldwide. It offers a legitimate trading experience, but as with any financial platform, users should always research and trade responsibly.

Team that worked on the article

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).