Awesomo Ltd., a Seychelles-based firm regulated by the International Financial Markets Regulatory Center, owns the trademark Quotex (IFMRRC). In November 2020, the business received its license as a licensed broker. The brokerage firm aspires to combine sophisticated tools with straightforward digital options products.
After registering for an account, clients may access the online platform and begin trading. Users just need to do the following after registering and logging in using the login portal:
- Choose an asset-each instrument shows the percentage return on investment if you win the deal, ranging from 0% to 98 percent.
- Choose from one minute to four hours of expiry time, which may be fine-tuned to the second.
- Enter an investment amount: This is the amount of money you wish to put into your market position.
- Choose “Up” or “Down” depending on which direction you think the asset’s price will move by the time it expires.
When a trader selects an item, a real-time price chart of that asset is presented, and traders may examine data on numerous charts with periods ranging from five seconds to a day. You may adjust nine indicators on the platform to your preference. In addition, 15 sketching tools are offered to assist with projections. Users can conceal the indicator name or further details without losing the markup on the charts to keep the presentation tidy. Clients may utilize copy trades to mimic successful traders’ methods with only one click. A scoreboard featuring the top 20 players for that day is also shown on the platform interface.
The Web Trading Platform
Unlimited market signals, which are analyst recommendations for an asset, price direction, and duration that users may act on to offer a more manual version of copy trades, are also included in the interface. Customers will also enjoy the high level of personalization available. Traders may alter the background picture of their charts, post a personal photo, and modify their username. With a few easy clicks, you can also change the switching time and investment kind. Finally, the broker gave a rapid, complete summary of deals, including crucial information such as opening and closing prices, as well as entry and exit prices, all of which could be seen at a glance.
The firm offers over 410 assets for digital options trading:
- 27 currency pairs.
- Indices-Top 15 exchanges
Asset liquidity, transaction execution time, and economic developments all influence the profit percentage associated with each instrument. For example, the EUR/USD is now trading at 80%, which means that a client who invests $1,000 and correctly predicts the price movement throughout the specified time period would win $1,800.
A mobile app is not yet available from the broker. Their web platform, on the other hand, may be accessed via any browser, including mobile. With a few touches, clients may track the markets and make transactions.
Deposits and withdrawals
Traders can begin with a $10 minimum deposit. Customers can deposit money via bank cards, cryptocurrencies, online banking, or e-wallets, and there are no fees for deposits or withdrawals.
The minimum withdrawal amount is similarly $10, but it is $50 in the case of Bitcoin. Additional verification is not usually necessary; however, it may be requested in the case of security. The withdrawal period ranges from one to five days. At the same time, the company makes every effort to make payments on the same day that the withdrawal request is received.
To experience utilizing the online platform and digital options products, the broker offers a $10,000 demo account. A variety of assets, trading instruments, signals, and indicators are available to demo account holders. A trial account is a terrific approach for customers who are new to digital possibilities to understand how a basic product operates.
Bonuses and promotions
The company gives different deposit incentives depending on how much money you put in. For example, on deposits of $50 or more, you can earn a 20% bonus ($10), a 25% bonus on deposits of $100 or more, a 30% bonus on deposits of $150 or more, and a 35% bonus on deposits of $300 or more. This is a large bonus and a great opportunity to boost your trading money. A number of additional ongoing incentives are also available to help you get the most out of your trading experience. The transactions of the entire company provide promotional coupons to active traders.
The International Financial Markets Regulation Center has granted the business a license (IFMRRC). Part of this body’s regulations is membership in a compensation fund, which reimburses customers if the brokerage breaches the license or fails to make payments.
Standard, Pro, and VIP are the three easy-to-live accounts offered by the company. The standard account is for novices, and it offers a fixed percentage return on all trades. The Pro solution was created with more active traders in mind, with better profit margins and appealing incentives. To qualify for a pro account, traders must deposit $1,000. The VIP account provides experienced traders with a higher proportion of profits as well as a variety of ongoing perks and discounts. The VIP solution requires a $5,000 minimum payment. For each account type, consumers get complete access to digital choices, goods, and customer support. US dollars, euros, rubles, Ukrainian hryvnias, and Brazilian reals are all available as account currencies.