Step-by-Step Guide To Using Quotex For The First Time

If you’re new to online trading and want a simple platform to begin with, Quotex is one of the most beginner-friendly options available. With a clean interface, free demo account, and low deposit requirements, it’s perfect for first-time traders.

This guide will walk you through the essential steps to start using Quotex — from signing up to placing your first trade — in a simple, easy-to-understand way.

Step 1: Register Your Account

The first step is to create your free Quotex account. Here’s how:

Go to the official Quotex website: https://quotex.tr/
Click on the “Sign Up” button
Enter your email, create a password, and choose your account currency
Accept the terms and click “Register”

That’s it — your account is ready!

✅ You’ll automatically get access to a demo account with $10,000 in virtual funds.

Step 2: Explore the Demo Account

The demo account is a great way to learn without risking any real money.

You can practice trading using virtual funds
Test different strategies
Get familiar with the platform layout and tools

Use this feature as much as possible before switching to a real account. Treat it like real trading so you can build good habits.

Step 3: Deposit Real Funds (Optional)

When you’re ready to trade with real money:

Click on the “Deposit” button
Choose your preferred payment method (e.g., bank card, e-wallet, or cryptocurrency)
Enter the deposit amount (minimum is usually $10)
Follow the instructions to complete your transaction

Deposits are typically fast and secure.

⚠️ Always deposit only what you can afford to lose — trading carries risk.

Step 4: Choose an Asset to Trade

Quotex offers a variety of assets:

Currencies (Forex) – EUR/USD, GBP/JPY, etc.
Cryptocurrencies – Bitcoin, Ethereum
Commodities – Gold, Oil
Indices – S&P 500, NASDAQ

Pick an asset that you feel comfortable with or want to learn more about.

Step 5: Set Up Your Trade

Now it’s time to set up your first trade:

Select the trade time – how long the trade will last (from 1 minute to several hours)
Enter the investment amount – the minimum is usually $1
Make your prediction:
- Click “Up” if you think the price will rise
- Click “Down” if you think the price will fall

Use the chart to help decide. You can switch between timeframes, add indicators, and draw trend lines if needed.

Step 6: Monitor Your Trade

Once you place your trade, you’ll see a countdown timer and a marker showing your entry price.

If your prediction is correct when time runs out, you’ll receive a fixed payout (up to 90%)
If incorrect, the amount you invested is lost

You can view all open and past trades in your trading history.

Step 7: Withdraw Your Profits

When you start making profits and want to withdraw:

Click on the “Withdraw” section in your dashboard
Choose your withdrawal method (usually the same as your deposit method)
Enter the amount and confirm

Withdrawals generally take 1–3 business days. Make sure to verify your identity for faster processing.

Helpful Tips for Beginners

✅ Use the demo account until you feel confident
✅ Start with small trades ($1–$2 per trade)
✅ Don’t chase losses — manage your emotions
✅ Learn a simple strategy and stick to it
✅ Set daily profit/loss limits and follow them

Common Mistakes to Avoid

❌ Trading randomly without a plan
❌ Investing large amounts too early
❌ Ignoring market analysis and trends
❌ Letting emotions control your trades
❌ Not using stop-loss or risk management

Final Thoughts

Quotex is an excellent starting point for beginner traders. With its simple design, free demo account, and low trading requirements, it’s easy to get started and learn the basics of binary options.

Just remember: trading is not gambling. Treat it like a skill that improves with practice, and always manage your risk. Whether you’re trading for fun or as a serious side hustle, Quotex gives you a solid foundation to begin.

Ready to start? Visit https://quotex.tr/ and explore it for yourself today!