Are you curious about online trading but don’t know where to start? Quotex is one of the most beginner-friendly platforms for digital options trading. Whether you’re aiming to earn extra income or explore financial markets, this step-by-step guide will walk you through how to start trading on Quotex with confidence—even if you’ve never traded before.
Step 1: What is Quotex?
Quotex trading platform is a digital options trading platform where users predict the price movement of assets like currencies, cryptocurrencies, commodities, and stocks within a fixed time frame. It’s known for:
- A clean and intuitive interface
- A free demo account
- Minimum deposit as low as $10
- Minimum trade amount of just $1
Perfect for beginners who want to learn without high risk.
Step 2: Sign Up for a Free Account
Getting started is fast and easy:
- Visit Quotex’s official website.
- Click “Sign Up”.
- Enter your email, create a password, and select your preferred currency.
- Agree to the terms and register.
You’ll immediately get access to a demo account with $10,000 in virtual funds. This lets you practice risk-free before investing real money.
Step 3: Explore the Demo Account
Before using real funds, spend time learning with the demo account:
- Practice trades using real market data
- Test indicators and chart tools
- Develop a strategy without fear of loss
Treat this as your training ground. Once you’re confident, you can switch to a real account at any time.
Step 4: Make Your First Deposit
To start real trading:
- Click “Deposit” on your dashboard
- Choose your preferred payment method (bank card, e-wallet, crypto)
- Deposit at least $10
Your funds will appear almost instantly. Now you’re ready to trade live!
Step 5: Choose an Asset to Trade
Quotex offers many asset types, including:
- Forex pairs (EUR/USD, GBP/JPY)
- Cryptocurrencies (Bitcoin, Ethereum)
- Stocks (Apple, Tesla)
- Commodities (Gold, oil)
For beginners, major Forex pairs like EUR/USD are a great starting point—they’re more stable and widely analyzed.
Step 6: Select Trade Amount and Expiry Time
Next, decide:
- Amount: Start small—$1 is the minimum
- Timeframe: Choose from 1 minute to several hours. Beginners often do best with 5 to 15-minute expiries
Shorter expiries mean quicker results but also higher risk. Find what pace works best for you.
Step 7: Analyze the Market
Successful trading isn’t based on luck—it’s based on analysis. Quotex account gives you tools like:
- Indicators (e.g., RSI, MACD, Moving Averages)
- Candlestick charts
- Drawing tools to mark trends and support/resistance levels
Start with simple setups, like:
Example:
- Use RSI to find overbought/oversold signals
- Confirm with trend direction using a Moving Average
- Only trade when both signals align
Step 8: Place Your First Trade
When you’re ready:
- Choose UP (Call) if you think the price will rise by expiry
- Choose DOWN (Put) if you expect it to fall
- Set your amount and expiration
- Click “Trade” and wait for the result
If your prediction is correct, you’ll earn a fixed return (often 80–90%). If not, you lose the amount you risked.
Step 9: Manage Your Risk
New traders often lose money due to poor risk management. Protect your capital by following these tips:
- Risk only 1–5% of your balance per trade
- Avoid chasing losses or overtrading
- Set daily win/loss limits
- Stick to your strategy, not your emotions
Discipline is more powerful than any indicator.
Step 10: Review and Improve
Keep a trading journal to record:
- Trade setup
- Why you entered
- The result
- What you learned
This helps identify what’s working and where you need improvement. Growth in trading comes from review, not just results.
Final Thoughts
Quotex is a solid platform for anyone looking to start their trading journey. It’s simple, accessible, and gives you the tools to grow at your own pace. By following this step-by-step guide, you’ll avoid common beginner mistakes and build the habits needed for long-term success.
Trading isn’t about getting rich overnight—it’s about learning how to make smart, calculated decisions. Use the demo account, stay disciplined, and treat every trade as a learning experience.