What Is Quotex? Complete Beginner’s Guide (2025)

what is Quotex

So you’re hearing about Quotex and wondering what it’s all about? In simple words, Quotex is an online trading app where you can predict price movements of assets like currencies, gold, and crypto.

If your prediction is right, you make a profit. If not, you lose that trade amount. This guide is made specially for Indian beginners who are curious about starting binary options trading in 2025.

Let’s walk you through it.

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✅ What Is Quotex?

Quotex is an easy-to-use digital platform that lets you trade binary options. That means you choose an asset—say Bitcoin or EUR/USD—and predict if its price will go UP or DOWN within a short period like 1 or 5 minutes.

Make a correct prediction, and you earn up to 90% return. Get it wrong, and your trade amount is lost.

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Why Indian Traders Use Quotex:

• Start with just ₹300
• Small trade size: ₹60
• Accepts UPI, Paytm, PhonePe
• Fast withdrawals
• Practice account with ₹10,000 demo money

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✅ Is Quotex Legal in India?

Yes. You can use Quotex in India.

The app is not blocked or illegal. But it’s not under SEBI either, so you’re trading at your own risk.

Caution: Don’t treat it like a quick money scheme. Learn before investing.

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✅ Create a Quotex Account (Step-by-Step)

Getting started is simple:

1. Go to Quotex.com
2. Enter your email and create a password
3. Choose INR (Indian Rupee) as currency
4. Tap “Register”
5. Use demo or start real trades

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You can also use Google login for quicker access.

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✅ Quotex Interface – What You’ll See

When you log in, you’ll see:

• Candlestick chart
• List of tradable assets
• Timer options (1m, 5m, etc.)
• UP & DOWN buttons
• Profit percentage
• Open trade history

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It’s clean and made for people new to trading. Everything is visible and simple to understand.

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✅ Depositing Money in Quotex (India)

You can deposit in INR using:

• UPI apps: Google Pay, PhonePe, Paytm
• Netbanking
• Crypto options
• Debit/Credit cards (occasionally)

Steps:

1. Click on “Deposit”
2. Pick UPI/Netbanking/Crypto
3. Type the amount (₹300 or more)
4. Complete payment

Your money reflects in the Quotex wallet in 5–15 minutes.

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✅ How to Place Your First Trade

Here’s an example:

1. Choose USD/INR pair
2. Set trade time: 1 minute
3. Enter amount: ₹100
4. Tap UP if you think price will rise, or DOWN if it’ll fall
5. Wait for trade to finish

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If prediction is correct, you’ll earn ₹180–₹190. If not, you lose ₹100.

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✅ Try the Demo Account First

All users get ₹10,000 virtual money to try Quotex without risk.

Why it helps:

• Learn how platform works
• Test your skills
• Try different strategies

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Switch between demo and real mode anytime with one tap.

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✅ Withdrawing Funds from Quotex

To take your money out:

1. Click “Withdraw”
2. Choose method (UPI/crypto)
3. Enter amount (minimum ₹1,000 for UPI)
4. Submit

Usually, the money is sent within 1–12 hours.

UPI is the most common option and has no extra fee.

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✅ Is Quotex Safe?

Quotex is safe for beginners when used carefully. But remember:

• It’s not SEBI regulated
• Avoid groups that sell fake signals
• Practice on demo before going real

Always use money you can afford to lose.

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✅ Smart Tips for Starters

1. Don’t go all in—start small
2. Use demo for 3–4 days
3. Limit yourself to 2–3 trades a day
4. Follow one method or strategy
5. Avoid overtrading after a loss

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FAQs – What Is Quotex?

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Internal Links

• Top Quotex Mistakes Beginners Make
• Best Indicators for Quotex in 2025
• How to Withdraw Safely from Quotex

External Links

• Official Quotex Website
• TradingView Charts
• Forex Factory News

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