(Newswire.net — June 9, 2023) —
Given the risk associated with Forex trading and the frightening and complex nature of trading on a new platform, it is recommended that traders obtain well-guided information on how to buy and sell on Forex.
For this purpose, experts at TU have compiled a helpful guide to assist traders in understanding the intricacies of buying and selling on QUOTEX. Continue reading to learn how to buy/sell on Quotex and how to start trading on Quotex.
How to Buy/Sell on Quotex
According to Traders Union, to buy/sell on QUOTEX, traders need to follow these basic steps:
· Access your QUOTEX profile.
· Select the item that you want to exchange.
· Select the amount to invest and the expiration date.
· Figure out whether the price will climb or decline.
· To complete the transaction, click the “Buy” or “Sell” option.
· Finally, watch the deal in real time and exit when ready.
Quotex Withdrawal methods, speed and Fees
Traders Union says that QUOTEX’s market coverage is narrower than traditional online brokers; however, it still provides a comprehensive array of trading instruments that may accommodate several trading techniques. Here are some of the trading instruments offered on QUOTEX:
Ø Stocks: A wide range of OTC shares, including well-known businesses like Facebook and Microsoft, are available.
Ø Currencies: More than 20 Forex pairings are accessible, ranging from major currency pairs to exotics. Popular pairs such as EUR/USD are included.
Ø Cryptos: QUOTEX supports digital currency tokens such as Bitcoin, Litecoin, Ripple, and Ethereum, making it an excellent platform for cryptocurrency traders.
Ø Indices: Over ten leading exchanges, including the FTSE 100 and Dow Jones 30, expose traders to global markets.
Ø Commodities: In addition to gold, silver, and oil, QUOTEX offers a variety of other popular energy and metals.
Platform and Features
Traders Union reveals that QUOTEX mobile app provides traders with several helpful and efficient features. Here are some of the highlights:
· Trading interface intended for beginners and experts: The trading interface on QUOTEX is designed to be user-friendly and easy to navigate.
· Platform signals: To make better trades, traders can use the integrated signals given by QUOTEX. Following charts and signals can assist traders in developing a deliberate trading approach and minimizing errors.
· Trading indicators: QUOTEX provides several trading indicators to help traders comprehend the market fast and accurately. These indicators can assist traders in making better trading decisions and increasing their chances of success.
· High-speed trading: Using revolutionary technology, QUOTEX provides high-speed trading to ensure traders do not lose money due to technical errors, resulting in a smooth and efficient trading experience.
· Affordable minimum deposit: Unlike other mobile trading platforms that need a large minimum investment, QUOTEX requires a $10 minimum deposit, making it accessible to traders of all financial backgrounds.
How to start trading on Quotex
Traders Union explained the process to start trading on Quotex. To start trading on Quotex, a trader needs to follow the steps below;
Create an account: The first step in trading on QUOTEX is to open an account. Navigate to QUOTEX.com and click the ‘Open Trial Account’ button in the upper right corner.
Fill up your email address, password, and account currency. Verify that you are 18 years old before clicking the register button.
After that, do the following:
· Log in to the QUOTEX.com trading platform and confirm your email address.
· In the upper right corner of the QUOTEX.com page, tap ‘Login’ and enter your username and password.
· Accept the QUOTEX terms of service and start trading with virtual money in demo mode.
· Choose an asset: Once you’ve signed up and logged in, you can select from over 410 assets on the site. If you win the deal, each instrument displays a percentage return on investment, which can be as high as 98%.
· Choose an expiration time: QUOTEX provides a variety of expiration times ranging from five seconds to four hours. The expiration time can be fine-tuned to the second, providing you better control over your trades.
· Input investment amount: Next, pick how much money you wish to put into your chosen asset. This can be tailored to your trading strategy and risk tolerance.
· Choose “Up” or “Down”: Finally, you must pick whether to select “Up” or “Down,” depending on whether you anticipate the asset price will move in either way by the expiry time. You can profit from your investment if you correctly predict the direction.