If you’re new to online trading, Quotex is one of the simplest platforms to get started with. Its clean interface, low entry barrier, and fast-paced trading environment make it beginner-friendly. The best part? You can grasp the core basics of how it works in just one hour.
This guide will walk you through the essential steps every beginner needs to master on Quotex—so you can start your trading journey with confidence and clarity.
- Understanding What Quotex Is
Quotex is a digital options trading platform. That means you’re not buying assets like stocks or crypto—you’re predicting whether the price of an asset will go up or down within a selected time period.
Your profit or loss depends entirely on whether your prediction is correct. This makes it faster and simpler than traditional investing, but it also means you must be precise and careful.
- Creating an Account (5 Minutes)
To get started, you need to:
- Sign up with your email or social login
- Choose your account currency (USD, EUR, etc.)
- Confirm your email address
You’ll automatically receive access to both a demo account and a real account, which you can switch between anytime.
- Exploring the Platform Interface (10 Minutes)
Spend a few minutes getting familiar with the platform. Here’s what to look for:
- Asset list: Includes currencies, crypto, stocks, and commodities
- Chart area: Shows live price movement (candlestick or line)
- Trade panel: Where you set your trade amount, time, and direction (up/down)
- Balance info: Shows how much money you have in demo or real account
- Indicators: Tools to help analyze the market (e.g., RSI, Moving Average)
Knowing where everything is will save time and prevent mistakes.
- Using the Demo Account (10–15 Minutes)
Before using real money, practice on the demo account with the $10,000 virtual balance provided. This lets you:
- Learn how to place trades without risk
- Get comfortable with the timing system
- Try different strategies
Use small trade sizes and test at least 5–10 trades to see how the timing and predictions feel.
- Placing a Basic Trade (5 Minutes)
To place a simple trade:
- Select an asset (e.g., EUR/USD)
- Choose the amount to invest (start small—$1 is fine)
- Pick the trade duration (like 1 minute or 5 minutes)
- Decide if the price will go up (green) or down (red)
- Click the direction, and wait for the result
If your prediction is correct when the timer ends, you earn a return (usually 70–95% of the investment). If not, you lose the invested amount.
- Basic Strategy: Support and Resistance (10 Minutes)
You don’t need a complex strategy to start. Learn this simple concept:
- Support: A price level where the market tends to stop falling
- Resistance: A level where the market often stops rising
Watch for price bouncing off these levels and trade accordingly. If price touches a support line and starts to rise, consider a “UP” trade. If it touches resistance and drops, go “DOWN.”
Add simple indicators like Moving Average to help spot trends more easily.
- Risk Management Basics (10 Minutes)
The key to surviving and growing in trading is protecting your balance. Here’s how:
- Use 1–2% of your balance per trade. On a $50 account, that’s $0.50–$1.
- Set a daily loss limit—don’t chase your losses.
- Stick to a few quality trades per session, not dozens.
Risk control is more important than how often you win. Even with a 60% win rate, poor risk management can destroy your account.
- Avoiding Common Beginner Mistakes (5 Minutes)
Keep these points in mind:
- Don’t trade without a clear reason
- Don’t trade while emotional or tired
- Don’t increase your trade size after a loss (no revenge trading)
- Don’t switch strategies too quickly
Discipline and consistency matter more than flashy techniques.
- Set a Simple Daily Routine
If you want to improve, treat trading like a skill:
- Trade at the same time each day (e.g., 30 minutes in the morning)
- Use the same asset pair consistently
- Review your trades weekly in a journal
This helps build patterns, habits, and a clearer understanding of what works.
Final Thoughts
You don’t need months to get started on Quotex. In just one hour, you can understand the platform, try demo trades, learn a basic strategy, and practice risk control.
What comes next is up to you. Stay consistent, don’t rush the process, and always prioritize learning over earning—especially in the beginning.
Master the basics first, and the profits will come later.