Latest news with #Quotex
Hans India
4 days ago
- Business
- Hans India
Top Features of Quotex Every New Trader Should Use
Starting out in online trading can feel overwhelming — especially with so many platforms available. For beginners, choosing the right tools and understanding how to use them is key to building confidence and success. That's where Quotex stands out. Quotex is a user-friendly digital trading platform that allows you to trade various assets, such as currencies, cryptocurrencies, commodities, and indices. What makes it especially beginner-friendly is its simplicity and set of helpful features designed to support new traders from day one. Here are the top features of Quotex every new trader should use. 1. Free Demo Account with $10,000 Virtual Balance One of the best things Quotex offers is a free demo account. It gives you $10,000 in virtual funds to practice trading in real market conditions — without risking real money. Why this is great for beginners: You can test different strategies. You learn how to use the platform safely. You build confidence before trading with real money. You can switch between demo and real accounts instantly, which is perfect for learning on the go. 2. Low Minimum Deposit and Trade Amount Many platforms require large deposits to start trading, but not Quotex. The minimum deposit is just $10, and the minimum trade amount is only $1. This is ideal for: New traders with a small budget. Learning how to manage risk. Practicing real trades with low pressure. These low barriers allow you to ease into trading without feeling financially stressed. 3. Clean and Easy-to-Use Interface The design of Quotex is simple and modern. You won't find cluttered menus or confusing options. Everything is organized clearly, making it easy for beginners to: Choose assets to trade. Set trade times and amounts. Analyze charts and indicators. This clean interface means you can focus on learning and trading — not getting lost in settings. 4. Over 40+ Technical Indicators Quotex includes built-in charting tools and technical indicators to help you analyze the market. Even if you're just getting started, these tools are easy to use and help you understand how prices move. Popular beginner-friendly indicators: Moving Averages (MA): Helps identify trends. Helps identify trends. Relative Strength Index (RSI): Shows when a market is overbought or oversold. Shows when a market is overbought or oversold. Bollinger Bands: Indicates price volatility. These tools help you make more informed trading decisions instead of guessing. 5. Wide Selection of Assets With Quotex, you're not limited to just one type of market. You can trade a variety of assets, including: Currencies (e.g., EUR/USD, GBP/JPY) Cryptocurrencies (e.g., Bitcoin, Ethereum) Commodities (e.g., gold, oil) Indices (e.g., S&P 500, Nasdaq) This variety allows you to try different markets and find what suits your style. 6. Fast Trade Execution and Real-Time Data Quotex offers fast order execution, which is crucial for traders — especially in short-term trading. You also get real-time price updates, so you always know exactly where the market stands. This reduces slippage and ensures more accurate trading. 7. Customizable Trade Timeframes When placing a trade, you can set how long the trade should run — from as little as 60 seconds to several minutes. Why this is helpful: Short trades help you learn faster through quick feedback. Longer trades let you explore trend-based strategies. You control how fast or slow you want to trade. This flexibility helps you find your comfort zone as a new trader. 8. One-Click Trading and Re-Trade Feature Quotex makes it easy to place trades with just one click. There's also a 're-trade' button that lets you quickly repeat a previous trade — useful when testing a strategy. These features save time and simplify your process, especially when practicing in the demo account. 9. Mobile and Web Accessibility You can trade with Quotex through a web browser or on your trading mobile device. There's no need to download heavy software or apps. This is perfect for beginners who want to: Learn on the move Practice during free time Stay connected to the market wherever they are 10. Multiple Payment and Withdrawal Options Quotex supports a wide variety of payment methods, including: Credit/debit cards E-wallets (like Perfect Money, Advcash) Cryptocurrencies Withdrawals are usually processed quickly, and there are no hidden fees, which is helpful for those new to online transactions. Conclusion Whether you're just starting your trading journey or want a simple platform to grow your skills, Quotex provides all the right tools. From the free demo account and easy interface to powerful indicators and low-cost entry, it offers a complete package for beginners. Take advantage of these features to learn faster, trade smarter, and build your trading confidence one step at a time. Ready to try it out? Open demo account today and start learning by doing — it's the best way to grow as a trader.
Business Recorder
22-05-2025
- Business
- Business Recorder
SECP warns public against fraudulent online trading platforms offering ‘unrealistic returns'
The Securities and Exchange Commission of Pakistan (SECP) on Thursday warned the public against investing through unlicensed online trading platforms offering 'unrealistic returns'. 'We're cautioning the public against fraudulent online trading platforms promising unrealistic returns,' it said. Platforms like Interactive Brokers Group (IBKR), IGIL Securities Country, BMA Capital No.108/BMAC Global Pro, WTIC World Top Competition, and Aviva Securities are not licensed in Pakistan, the commission said. 'Invest only with SECP-licensed brokers for your safety. Your financial security is paramount. Verify before you invest!' SECP informed that scammers are now using social media to promote fraudulent loan schemes. 'They're offering 'quick, interest-free loans' via sponsored ads, often faking legitimacy with names of reputable organisations.' SECP said that 'these fraudsters' demand upfront fees i.e. processing, registration, etc. or sensitive personal information, then disappear without disbursing any loan. 'Do not fall for it! We're reporting them to the Federal Investigation Agency (FIA) and Pakistan Telecommunication Authority (PTA) for immediate action. 'Always verify financial offers! Check the SECP website for a list of only licensed companies and approved loan apps.' Last month, SECP warned the public against Qxbroker (Quotex), an unauthorised platform targeting Pakistani investors, which is accessible through its website and a mobile application on the Google Play Store. The SECP stated that Quotex is not authorised to operate in Pakistan and has been flagged by multiple international regulators for running unauthorised operations.
