Entering the world of online trading can feel intimidating at first. So many platforms, strategies, and risks — where do you even begin? If you’re a beginner looking for a simple yet powerful way to start, Quotex might be your perfect entry point. This roadmap will guide you step-by-step through the basics of how to start trading on Quotex and lay the foundation for your trading success.
Step 1: What is Quotex?
Quotex is a digital options trading platform that allows users to predict the short-term direction of asset prices, such as currencies, cryptocurrencies, stocks, and commodities. It’s beginner-friendly, offers a clean interface, and allows trades starting from just $1. The platform focuses on simplicity, making it ideal for those new to trading.
Step 2: Create Your Quotex Account
Getting started is quick and free:
- Go to the Quotex website.
- Click “Sign Up”.
- Enter your email, create a password, and select your account currency.
- Agree to the terms and conditions, then click “Register”.
Once registered, you’ll automatically gain access to a demo account with $10,000 in virtual funds. No need to deposit money until you’re ready.
Step 3: Practice with the Demo Account
Before you risk real money, spend time using the demo account:
- Learn how the platform works
- Practice placing trades
- Try different strategies and indicators
- Get comfortable with the interface and timing
The demo account is identical to the real one, so it’s your perfect training ground.
Step 4: Make Your First Deposit
Once you’re confident with demo trading, it’s time to switch to real money. Quotex allows you to:
- Deposit a minimum of $10
- Use various payment methods (bank card, crypto, e-wallets)
- Withdraw profits quickly, often within 24 hours
Start small — even with $10, you can place ten $1 trades and gain valuable experience.
Step 5: Choose the Right Asset
Quotex offers various tradable assets:
- Forex: EUR/USD, GBP/JPY, etc.
- Crypto: Bitcoin, Ethereum
- Stocks: Apple, Tesla
- Commodities: Gold, oil
For beginners, major Forex pairs (like EUR/USD) are ideal — they’re more stable and easier to analyze.
Step 6: Learn Basic Technical Analysis
To trade smartly, you need to understand price movement. Quotex offers built-in indicators and chart tools like:
- Moving Average (MA): Helps spot trends
- RSI (Relative Strength Index): Detects overbought/oversold signals
- MACD: Shows momentum and potential reversals
Pick one or two simple indicators to start. Don’t overload your chart — clarity is more important than complexity.
Step 7: Select Expiry Time and Amount
In Quotex, each trade has:
- An amount: How much you want to risk
- An expiry time: How long the trade lasts (from 1 minute to hours)
For beginners:
- Start with $1 trades
- Choose expiry times of 5–15 minutes for a more relaxed pace
- Observe how market behavior changes during different sessions (like London or New York hours)
Step 8: Create and Follow a Strategy
Avoid trading randomly. Build a basic trading plan. A simple example:
- Use RSI to find overbought/oversold conditions
- Confirm trend with Moving Average
- Trade only when both indicators agree
Whatever your strategy is, write it down and follow it consistently. This builds discipline and prevents emotional decisions.
Step 9: Manage Your Risk
The number one reason new traders lose money? Poor risk management. Follow these rules:
- Risk only 1–5% of your capital per trade
- Don’t chase losses — if you lose, pause and analyze
- Set daily loss and win limits
- Stick to your plan, even when it’s tempting to gamble
Smart risk control protects your capital — and your emotions.
Step 10: Keep Learning and Improving
Your first trades won’t make you rich — and that’s okay. Trading is a long-term skill. To grow:
- Review your past trades: What worked? What didn’t?
- Watch tutorials and read beginner guides
- Join trading communities to exchange ideas
- Update your strategy as you gain experience
Every mistake is a lesson. Every win is progress.
Final Thoughts
Starting on Quotex is easier than you might think — but becoming successful requires patience, strategy, and discipline. Use the demo account, start with small trades, learn technical basics, and manage your risk.
Quotex is a solid platform for beginners because of its simplicity and low entry barrier. But remember: no matter how easy a platform is, real results come from practice and smart decision-making.
So take that first step, open your account, and begin your trading journey with confidence.
