Nowadays, you can trade Forex using a smartphone and a mobile FX trading app. These apps provide more benefits than allow you to trade while on the go. They can assist you in keeping up with the markets in real-time, worldwide financial and business news, and technical analysis of present and potential investments.
After a comprehensive analysis of the QUOTEX mobile app by Traders Union Experts, the TU experts highlighted some of its main and additional functions and some of the benefits of using the mobile for Forex trading.
Continue reading as we highlight the Quotex Mobile App’s informative review prepared by Traders Union experts.
What is Quotex Mobile App?
Quotex Mobile App is the fastest-growing trading app, offering a high-tech FX trading platform. Quotex’s iOS or Android mobile application provides access to all the benefits of Forex trading from tablets or smartphones. It is suitable for both new and experienced traders
How to download and Set up Quotex App
Traders Union experts highlighted the steps to download and install the QUOTEX app on your mobile device; they are:
- First, search for the QUOTEX Mobile app in the Apple App Store (iOS devices) and Google Play Store for Android devices.
- Once found, download and install it on your device
- Launch the app and choose the ‘new account’ option.
- Select a sign-up method, such as Google, VK, or Facebook.
- Enter your login information for your preferred sign-up method.
- To finish the registration procedure, click the confirm button.
Traders Union says you can begin trading with just a $10 deposit. Because the minimum trading amount is $1, it is a cost-effective choice for traders. To begin trading, take the following steps:
- Choose an asset to trade and see the potential % return for a profitable trade.
- Choose an expiration time between one minute and four hours.
- Choose the up or down option based on your judgment of the currency pair’s price change.
- Enter your desired investment amount.
- Create trading techniques and use charts to understand better market volatility and asset pricing, which can help lower the risk of losing transactions.
Main Features of the Quotex Mobile App
Experts at Traders Union revealed several characteristics that make it an excellent platform for trading digital options on underlying assets. Some of the key aspects are as follows:
- Web-based platform: Because QUOTEX is web-based, no downloads or installs are required. This allows traders to access the platform from any device easily.
- Trading on a Wide Range of Assets: QUOTEX provides trading on over 400 underlying assets, including securities (companies), Forex, commodities, and indexes such as the S&P 500.
- Payout percentages vary depending on the asset and time duration. Returns may also differ based on prior transaction data, with contrarian opinions potentially generating higher-than-expected payment percentages.
Additional Features of the Quotex Mobile App
According to Traders Union, the QUOTEX mobile app also has several extra features, making it a valuable and convenient trading platform. Here’s a closer look at these characteristics:
- Integrated signals: QUOTEX provides traders with integrated signals to help them create a deliberate trading strategy and make better transactions. According to analysts, watching charts and employing signals minimizes the likelihood of making trading blunders.
- Trading indicators: QUOTEX provides a wide range of trading indicators to help traders comprehend the trading market quickly and correctly, increasing their chances of making good trades.
- High-speed trading: QUOTEX is powered by cutting-edge technology, ensuring traders never lose money due to technical issues. The software allows for fast trading, resulting in a smooth and flawless trading experience.
Benefits of the Quotex Mobile App
Some of the benefits of using the Quotex Mobile App, as revealed by Traders Union experts, are;
- User-Friendly Interface: QUOTEX’s brand web platform features a simple interface suitable for beginners.
- Low Minimum Deposit: With a $10 minimum deposit and no withdrawal fees, QUOTEX is a cost-effective platform for traders of all skill levels.
- Global Access: QUOTEX provides global access in multiple languages, making it available to traders everywhere.
- Infinite Trading Signals: QUOTEX offers infinite trading signals to assist traders in making informed trading selections.
- Deposit Bonus: QUOTEX provides traders a 30% deposit bonus, providing them additional funds to trade with.
- Crypto Payments: QUOTEX accepts crypto payments, allowing traders to use cryptocurrency to make deposits and withdrawals.
- Large Payouts: QUOTEX offers up to 98% payouts, allowing traders to make significant gains.