Quotex Trading 101: Learn the Basics in Under 10 Minutes

Are you curious about trading but don’t know where to start? Quotex might be the perfect entry point for beginners who want to learn fast, trade simply, and get into the world of online trading without years of financial experience.

In this short guide, we’ll explain what Quotex is, how it works, and how you can start trading in just a few steps — even if you’re completely new.

What Is Quotex?

Quotex is an binary online trading platform that allows users to trade binary options. This means you don’t buy or sell actual assets like stocks or cryptocurrencies. Instead, you simply predict whether the price of an asset will go up or down over a certain time period.

If your prediction is correct, you earn a fixed profit (often up to 90%). If you’re wrong, you lose the amount you invested on that trade.

It’s simple, fast, and ideal for beginners who want to trade short-term movements in the market.

Key Features of Quotex for Beginners

• ✅ Free demo account
• ✅ Low minimum deposit ($10)
• ✅ Trade from $1 per position
• ✅ User-friendly design
• ✅ Works on desktop and mobile
• ✅ Many tradable assets: currencies, crypto, indices, commodities

Step-by-Step: How to Start Trading on Quotex

1. Create an Account

Go to the official website and sign up using your email address and password. The process takes less than a minute.

Once registered, you get instant access to a demo account with $10,000 virtual funds to practice.

2. Practice with the Demo Account

Use the demo account to:

• Explore the platform
• Try placing trades
• Learn how the charts work
• Test different trading strategies

This is a risk-free way to gain experience before using real money.

3. Deposit Real Money (Optional)

When you’re ready to trade for real, make your first deposit. You only need $10 to get started. You can fund your account using:

• Bank cards
• E-wallets
• Cryptocurrencies

Deposits are usually processed within minutes.

4. Choose an Asset to Trade

Quotex offers a variety of markets to trade, including:

• Currencies (e.g., EUR/USD, GBP/JPY)
• Cryptocurrencies (e.g., Bitcoin, Ethereum)
• Commodities (e.g., gold, oil)
• Stock indices (e.g., NASDAQ, S&P 500)

Pick an asset you’re interested in, or one with clear trends on the chart.

5. Make a Prediction

Now, the actual trading part begins:

• Choose a time duration for your trade (from 1 minute to several hours)
• Set your investment amount (minimum $1)
• Click “Up” if you think the price will rise
• Click “Down” if you think the price will fall

Then wait for the time to expire. If your prediction is right, you receive a fixed profit.

6. Withdraw Your Profits

Once you’ve made some money, you can withdraw your profits easily. The minimum withdrawal is usually $10, and you’ll get your funds within 1–3 business days depending on your payment method.

Simple Trading Tips for Beginners

Here are a few basic tips to help you avoid mistakes and trade smarter:

• ✅ Use the demo account to learn
• ✅ Start small when using real money
• ✅ Don’t trade with emotions
• ✅ Stick to 1 or 2 strategies
• ✅ Never risk more than you can afford to lose

Common Mistakes to Avoid

• ❌ Trading without a plan
• ❌ Increasing investment after a loss
• ❌ Relying on luck instead of logic
• ❌ Overtrading too many positions at once
• ❌ Ignoring charts and indicators

Trading is a skill, not a gamble. Take time to learn, and don’t rush.

Is Quotex Safe and Legit?

Yes, Quotex is a legitimate trading platform used by thousands of traders around the world. The platform uses encryption to protect your data and offers secure payment systems.

However, like all trading platforms, there is risk involved. You can make money, but you can also lose it. Be smart, stay informed, and trade responsibly.

Conclusion: Start Your Trading Journey Today

Quotex makes online trading platform simple for beginners. With its easy interface, free demo account, and low deposit requirement, you can start learning how the market works in under 10 minutes.

Whether you want to trade for fun, skill-building, or profit — Quotex is a great first step.