As someone who’s been dabbling in online trading for a couple of years, I decided to give Quotex a try after hearing mixed buzz about it online. Here’s my in-depth review based on my experience over the past few months, covering everything from account setup to trading, withdrawals, and customer support. Getting Started I first encountered Quotex in late 2024 while searching for a binary options platform with a low entry barrier. The promise of a $10 minimum deposit caught my eye—perfect for someone like me who prefers to test the waters before diving in. Signing up was a breeze. I visited their official site (qxbroker.com), entered my email, set a password, and chose USD as my account currency. Within minutes, I received a confirmation email, and I was in. They also offer a demo account with $10,000 in virtual funds, which I immediately jumped into to get a feel for the platform without risking my own money. The demo account was a game-changer. It mirrored the live trading environment perfectly, with real-time charts and a variety of assets like forex pairs, cryptocurrencies, and commodities. I spent a good week practicing, placing trades on EUR/USD and Bitcoin, experimenting with 1-minute and 5-minute expirations. The interface was clean and intuitive—charts on the left, trade options on the right, and a simple “Up” or “Down” button to execute. For a beginner, this simplicity was refreshing, though I did wish for more advanced tools like customizable indicators beyond the 29 they offer. Depositing Funds After getting comfortable, I decided to fund my account. I deposited $50 via cryptocurrency (Bitcoin) since it’s my preferred method—Quotex supports a decent range of options, including cards, e-wallets, and crypto. The deposit hit my account within 10 minutes, which was impressive. They also threw in a 30% welcome bonus since I deposited over $50, boosting my balance to $65. However, I quickly learned the bonus comes with a turnover requirement (you need to trade a certain volume before withdrawing profits tied to it), so I decided to stick to my original funds for trading. Trading Experience Trading on Quotex felt smooth and responsive. The platform’s fast execution was a standout—trades opened and closed almost instantly, which is critical in binary options where seconds matter. I started with $1 trades (the minimum) on EUR/USD, predicting price movements over 5-minute intervals. My first few trades were a mix of wins and losses, but the payout rates—up to 90% on some assets—meant a $1 win netted me $1.90. Over a month, I built my account to $85, a modest but satisfying gain.