Quotex Review Thailand
Quotex Thailand Review
Quotex is one of the trusted binary options brokers that has been providing its services since 2019. It also offers market signals and copy trading on its web-based trading platform. Quotex Thailand Review explains how to start trading with this broker, how to open an account, and the features of its trading platform. You will also find deposit and withdrawal methods available, customer support, and available bonus deposits. It accepts traders from Thailand, and Thai traders can use local deposit methods. So sign up and learn to trade in a Free Demo Account today.
Keep reading this Quotex Review article to explore more about its online trading services.
Quotex Broker Details
Maxbit LLC manages Quotex Broker. It is a company based in St. Vincent and Grenadines. Quotex has its registered address as: Maxbit LLC, First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St. Vincent and Grenadines.
Quotex offers its trading services in Thailand and all over the world except in a few countries. It provides an excellent, easy-to-use, fast platform for trading online. Multiple payment options are available for Thai clients. Check out more Binary Options Brokers and Review for traders here.
- Year Founded: 2019
- Minimum Deposit: $10
- Minimum Trade: $1
- Payouts: 95% Max
- Demo Account: Yes
Quotex Review Thailand – Trading Platform
Quotex offers both Web-based trading platforms and mobile trading platforms. The traders can use the web-based trading platform and start trading after registering an account. Once you signed up and through the login portal, traders need to learn certain things,
- Expiration time – The times between one minute and four hours are available and can be fine-tuned to the second
- Asset – Every instrument displays a percentage return on investment if you win the trade, up to 95%
- Investment amount – Select how much amount you want to invest in a particular trade.
- Click ‘Up’ or ‘Down’ – Click UP if you expect the price to go up. Click DOWN if you expect the price to go down.
Quotex web trading platform
- Bonus: Get a bonus deposit of 30% on your first deposit.
- Instruments: Binary Options, Indices, Forex currency pairs, cryptos
- Demo Account: Yes
- Min. Deposit: $10
- Payment Methods: Bitcoin Payments, Credit Card, Mastercard, Visa, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Webmoney
- Min. Trade: $1
- Registered in: St. Vincent and Grenadines
- Profit up to 95% for successful trades
How to trade with Quotex in Thailand?
It is not difficult to trade with Quotex in Thailand. All you have to do is register an account, verify it by providing your ID copy, and finally, fund your account to start trading.
Selecting an Asset to trade – Selecting an asset displays its live price chart. The trader can use one or more indicators on this chart to analyze the price. Then the trader has to select the expiry time of the trade; it can range from 1 minute to up to 4 hours.
Enter the amount to trade – Fill in an amount to invest in the trade; it can range from $1 to $5000. The platform does not allow investing more than $5000 in a single trade.
Enter the trade by clicking UP or DOWN – Analyse the asset’s price, click UP if you expect the price to rise, and click DOWN if you expect the price to fall.
After the trade expiry, if the price goes as per your prediction, you get up to 95% return on your investment; otherwise, you lose the invested money.
The traders can utilize copy trading and follow the trading signal available on the trading platform. The trading signals can assist you in making better trading decisions.
Quotex Review – Web Trading Platform
The web trading platform has four sections for asset selection – they are Currencies, Cryptos, Commodities, and Stocks. You can trade hundreds of assets and never run out of trading opportunities. The terminal also includes trading signals based on advanced analysis. These recommendations about price direction, an asset, and duration that traders may choose to act on, offer a more manual form of copy trading.
In addition, the platform offers a high level of customization. For example, traders can upload a profile photo, set their usernames, and change the background image of their profile. Finally, the platform has a quick detailed look at previous trades, the open and closed prices, and entry and exit prices in a graphical form. All the features of the web platform are also available on the Mobile trading platform. Presently, it has mobile platform available only for Android OS users.
Note: The Quotex broker does not offer the MT4 or MT5 platforms.
Quotex – Trading Assets
Quotex offers more than 400 assets for digital options trading:
- Crypto – Litecoin, Ripple, Bitcoin, and Ethereum coins
- Currencies – Minimum 27 forex pairs, from majors to exotics
- Indices and Stocks– Minimum 15 leading exchanges, including the FTSE 100 and Dow Jones
- Commodities – Silver, gold, and oil, among other popular energies and metals
During the review of Quotex, we found the cryptocurrency offered as a digital options asset. However, the profit payout on cryptos was much lower compared to currencies due to liquidity issues.
Fees
Quotex does not charge any fees for fund deposits and withdrawals, there may be currency conversion fees if your deposit is in any currency other than your account currency. The profitability of the trading assets depends on market volatility and liquidity. However, it has the highest payout percentage associated with each instrument in the industry.
For example, EUR/USD is currently offered at 85%. So a trader who invests $ 1,000 and accurately predicts price movements in a given period of time will get $ 1,850 in that trade. Additionally, Quotex does not charge any commission on trading operations.
Leverage
Leverage does not apply to Binary Options or Digital Options trading. While trading binary options with this broker the traders do not require any leverage. Since the trades expire within a span of a maximum of 4 hours, there are no rollover fees, no swaps, or no interests charged to the account. Hence many traders belonging to the Islamic faith find Quotex online trading in compliance with swap-free and interest-free trading concepts and consider it halal.
Quotex – Mobile Apps
Quotex has a great Mobile trading platform available worldwide, available on Android OS phones. However, their web-based trading platform can be accessed using any browser, including mobile phones. The traders can monitor and execute trades in the markets with a few taps. We hope that Quotex may roll out a mobile app for iOS devices in the future.
Quotex Deposits & Withdrawals Thailand
The traders can start online trading on the Quotex platform with a minimum deposit of $ 10. Traders can use bank cards (Visa and MasterCard), cryptocurrency, internet banking, or e-wallet for depositing funds. In addition, it does not charge a fee for fund deposits or withdrawals. It is worth noting that payment options vary by region. For example, Thailand traders may find specific local payment methods in addition to standard deposits available. Cryptocurrency deposits using Bitcoin, USDT, and Etherium are available. Thai Traders can use several local banks and crypto and popular e-wallets such as Perfect Money.
The minimum fund withdrawal amount is also $ 10, but for Crypto withdrawal, it is $ 50. Generally, no additional verification is required, but the company may request additional verification for higher-value transactions.
The fund withdrawal takes up to 1 to 5 days. But the company usually processes the withdrawal on the same day, additional time is taken by the banks, eWallet service providers, and payment gateway providers.
Quotex – Bonuses Deposits
All new clients can get a 30% fist-time-deposit bonus when they deposit after registering an account. A series of other ongoing promotions are also available to enhance the trading experience. These include Risk-Free Trades, Cash Back, Deposit Bonuses, Percent of Turnover promo codes, Balance bonuses, and Canceled X points. These promotion codes are provided to active traders as and when they reach certain levels in trading. See the Quotex Trading Platform for the latest details and see the bonus terms before trading.
Demo Account
The broker offers a $ 10,000 demo account to practice trading using the web and mobile platforms. The Free Demo account users can access various assets, trading tools, signals, and indicators. The demo account is an excellent way for traders new to digital options to see how it works. Open your Online Trading Free Demo Account in Thailand.
Quotex Accounts
The traders from Thailand can register and start trading in a few steps. Quotex offers Thai traders three types of live trading accounts. These are Standard, Pro, and VIP.
- Standard Account is aimed at beginners with a regular profitability percentage for all trades.
- The Pro Account is designed for more active users and has profit percentages and attractive promotions. Clients will need to deposit $1,000 to qualify for the Pro account.
- Finally, the VIP Account offers enhanced profit percentages and a series of ongoing bonuses and deals for traders. The minimal deposit for VIP Account is $5,000.
Traders get full access to digital options, products, and customer support across every account type. Accounts are offered in US dollars, Rubles, Ukrainian Hryvnia, Euro, and Brazilian Reals. The registration process is hassle-free; new traders can register and start trading in a few minutes.
Quotex Review – Pros
Quotex gives some benefits to traders. Traders will appreciate the following advantages:
- Unique and advanced online trading platform with an easy-to-use interface
- Low minimum deposit of $10 and no fees on funds deposit and withdrawal
- Global access in 19 different languages
- Copy-trading functionality
- Unlimited trading signals
- 30% deposit bonus on first deposit
Cons
- Leverage not offered
- No Mobile Platform for iOS users
- No MT4 or MT5 platform
Trading Hours
Thai Quotex traders can use the broker’s website and access the platform at any time. However, assets can only be traded during the trading market opening hours, and these depend on the specific instruments of interest. Assets are available for trading out of the market hours with OTC pricing.
Customer Support
Traders can contact the customer support option directly through the live chat option. Therefore, traders can also fill in an online form hosted on the firm’s website or email support@quotex.io.
Is Quotex Regulated In Thailand?
Quotex Broker does not comply with any financial regulators in Thailand. Instead, it is registered in St. Vincent and Grenadines and is managed by Maxbit LLC. Its registered address is Maxbit LLC, First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St. Vincent and Grenadines. Quotex Broker doesn’t comply with any other Government Financial Regulator. Unfortunately, it’s common in most Digital Options brokers’ cases.
Security
The company maintains high-security standards and uses specialized technologies to safeguard trader information. In addition, the broker does not sell or otherwise disclose personal data to third parties.
Is it the right broker?
Quotex is a unique digital options broker with easy-to-use web-based and mobile trading platforms. Also, it offers signal service to traders. The brokerage has a minimum deposit amount of $10, zero withdrawal fees, and an attractive 30% sign-up bonus. In addition, many traders interested in Binary Options will be satisfied by the asset range and simplicity of the interface.
Accepted Countries
Quotex does not accept traders from the USA, Canada, Hong Kong, EEA countries, Russia as well as for persons under 18 years of age. Apart from these countries, they accept traders from all over the world. It is most popular as an online trading platform in Asian countries like Singapore, Thailand, Philippines, Indonesia, and India.
FINAL WORDS – QUOTEX
Unanimously Quotex is one of the best brokers in Thailand and worldwide. With a minimum of a $10 deposit, you can trade here and explore the potentially profitable marketplace. Quotex approves you to trade several assets on the Options Trading platform confidently. It gives Thai traders access to an ultra-modern trading platform. So open a Free Demo Account on to understand its platform in and out. Find out why this broker deserves its recognition with the industry leaders by registering an account with them.
FAQs
Where is Quotex regulated?
Quotex is a legitimate online trading Broker. It is registered in St. Vincent and Grenadines.
Is Quotex Legal In Thailand?
Yes, it is legal to trade Binary Options in Thailand with Quotex and is similar to any other broker in any country.
What platform does Quotex use?
This broker has its own proprietary platform that offers a user-friendly trading experience. It includes graphical tools, indicators, signal service, and other valuable tools.
Does Quotex offer Demo Accounts?
Traders can access a demo account funded with virtual $10,000. The demo environment allows traders to practice binary options and become familiar with the interface before investing real money.
What is the minimum deposit on the Quotex platform?
The minimum deposit is $10. In addition, traders have the option of depositing in several currencies.
How do I withdraw money from my Quotex account?
Investors can request a withdrawal using their online account, with a minimum value of $10 or $50 for Bitcoin. A minimum of 1-5 days withdrawal time applies.
What platform does Quotex use?
This broker has its own proprietary platform that offers a user-friendly trading experience. It includes graphical tools, indicators, signal service, and other valuable tools.
Does Quotex offer Demo Accounts?
Traders can access a demo account funded with virtual $10,000. The demo environment allows traders to practice binary options and become familiar with the interface before investing real money.
What is the minimum deposit on the Quotex platform?
The minimum deposit is $10. In addition, traders have the option of depositing in several currencies.
How do I withdraw money from my Quotex account?
Investors can request a withdrawal using their online account, with a minimum value of $10 or $50 for Bitcoin. A minimum of 1-5 days withdrawal time applies.
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.