How to Trade on Quotex — Beginner's Guide

Step 1 — Open and Verify Your Account

Registration takes about 90 seconds. You need an email, a strong password, and a country of residence. Verification (KYC) takes 5 minutes and is mandatory before your first withdrawal — but you can start trading immediately with the demo account or after a first deposit. We strongly recommend completing KYC during registration to avoid delays later.

Step 2 — Practice on the Demo Account

Every Quotex account comes with a $10,000 demo balance for practice. Use it for at least 50 trades before risking real capital. The demo behaves identically to the live account — same charts, same payouts, same execution. The only difference is the money is virtual. This is the cheapest education you'll ever get.

Step 3 — Make Your First Deposit

Quotex's minimum deposit is $10, but we recommend starting with $50–$100 to give yourself room for proper position sizing. Choose a deposit method (see our deposit guide for fees and times). With $50, applying the 2% rule means $1 per trade — enough for 50 trades before you'd lose everything. That's realistic learning capital, not gambling money.

Step 4 — Place Your First Trade

Your first trade should be on a forex major (EUR/USD or GBP/USD) at a 5-minute expiry, with a $1 stake. Watch the chart for two minutes. If the candle direction is clearly trending up, click HIGHER (CALL). If trending down, click LOWER (PUT). Hit Apply. Wait 5 minutes. If you were right, you profit ~$0.85. If wrong, you lose $1. Repeat 10 times.

• Step 1: Select asset (EUR/USD recommended for first trade)
• Step 2: Choose expiry time (5 minutes for beginners)
• Step 3: Set trade amount ($1 to start)
• Step 4: Click HIGHER or LOWER based on current trend
• Step 5: Wait for expiry — outcome appears automatically

Step 5 — Learn to Read Charts

Charts on Quotex use candlesticks by default. Each candle represents a time interval (1 min, 5 min, etc.). Green candles mean price rose in that interval; red candles mean it fell. The body shows open-to-close; the wicks show the high and low. After 100 hours of chart-watching, you'll start to see patterns that predict direction with 55–65% reliability — which is enough to profit consistently.

Step 6 — Add an Indicator

Indicators are mathematical overlays on the chart that highlight specific patterns. The most beginner-friendly is RSI (Relative Strength Index). Add it via the Indicators menu. When RSI drops below 30, the asset is oversold — a likely buying opportunity. When RSI rises above 70, it's overbought — a likely selling opportunity. Combine RSI with the candle direction for stronger signals.

Risk Management — The Most Important Step

All trading platforms encourage bigger trades because they earn from your activity. Your job is to ignore that pressure. Apply the 2% rule: never risk more than 2% of your account on a single trade. On a $100 account, that's $2 per trade. This rule means even 20 losses in a row only costs you ~33% — recoverable. Without it, 5 losing trades at $20 each wipes you out.

Frequently Asked Questions