Forex Trading on Quotex
Quick Answer (TL;DR)
Quotex offers 8 major pairs (EUR/USD, GBP/USD, USD/JPY, etc.) with 85-92% payouts, 24/5 trading hours, $1 minimum trade. 30+ minors and exotics also available. Best for beginners: EUR/USD (most liquid, predictable). Hours: 24 hours Monday 00:00 UTC to Friday 22:00 UTC.
Major Currency Pairs (8 pairs)
Majors are the most-traded pairs globally with USD on one side. Tightest spreads, highest payouts, most predictable behaviour.
| Pair | Payout (peak) | Best Hours (UTC) | Beginner-Friendly |
|---|---|---|---|
| EUR/USD | 92% | 07:00–17:00 | ✓ Very |
| GBP/USD | 90% | 07:00–17:00 | ✓ Yes |
| USD/JPY | 91% | 23:00–09:00 | ✓ Yes |
| USD/CHF | 88% | 07:00–17:00 | Moderate |
| AUD/USD | 88% | 22:00–07:00 | Moderate |
| NZD/USD | 85% | 22:00–07:00 | Lower liquidity |
| USD/CAD | 88% | 13:00–22:00 | Moderate |
| EUR/GBP | 85% | 07:00–17:00 | Moderate |
Minor Currency Pairs
Minors are pairs of major currencies without USD (EUR/GBP, EUR/JPY, GBP/JPY etc.). Wider spreads, lower payouts (78-85%), more volatile. Suitable for traders comfortable with majors.
Exotic Pairs
Exotics combine majors with currencies from smaller economies: USD/TRY, USD/ZAR, EUR/PLN, USD/MXN, USD/BRL, USD/INR. Wider spreads (1.5-3.5%), lower payouts (75-85%), and significant news-driven volatility. Only for experienced traders who follow specific economic regions.
Trading Hours
Forex markets are open 24 hours, 5 days a week: Sunday 22:00 UTC to Friday 22:00 UTC. Best liquidity (and tightest spreads) occurs during London + New York overlap: 13:00–17:00 UTC. Tokyo session: 00:00–09:00 UTC. Sydney/Wellington: 21:00–06:00 UTC. Weekend trading is NOT available for standard forex — use OTC pairs for weekend trading.
Best Pairs for Beginners
- EUR/USD — highest liquidity, most predictable, 92% payout
- USD/JPY — high liquidity, Asian session focus
- GBP/USD — slightly more volatile than EUR/USD, good for active traders
- Avoid exotics until 100+ trades on demo with majors
- Avoid pairs without USD until comfortable with majors
Spreads & Costs
Quotex publishes payouts that effectively bake in spread. Example: 92% payout on EUR/USD means a winning $10 trade returns $19.20 (your $10 stake + $9.20 profit). The 'spread' (effectively 10% built into payout) is your cost. Major pairs at peak liquidity: 8-12% effective spread. Minor pairs: 12-18%. Exotic pairs: 18-25%. Always compare payouts before trading.
Frequently Asked Questions
How many forex pairs on Quotex?
38+ across majors (8), minors (~12), and exotics (~18).
Best forex pair for beginners?
EUR/USD — most liquid, most predictable, highest payout (92%).
Can I trade forex on weekends?
Not standard forex (markets closed). OTC synthetic forex pairs available 24/7.
What spreads should I expect?
Payouts of 85-92% on majors mean an effective spread of 8-15% built into pricing.
Quotex
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