Before immersing into the field of online trading on quotex, one must be clear on the minimum requirements when it comes to the deposit requirements, the types of accounts open, and the funding opportunities. These are the key considerations that determine your trading life whether you are new to the trade or intend to increase your trading activities. Quotex gives an easy ride to the traders but, it is always good to know how to get things going.
Minimal Deposit Requirements.
The minimum deposit required to open an account at Quotex is fairly small as compared to other websites. This also makes it a good option to new traders who may not be willing to invest a substantial amount of capital initially. The amount of money needed to begin trading on Quotex is quite low, approximately 10 dollars, and this is why it is affordable to most traders. Nonetheless, it is always good to update on the most current terms on their platform because the circumstances can change.
Account Types on Quotex
Quotex offers various accounts that meet the needs of a number of traders. Although the details may vary, the general account types involve:
Basic Account
This best suits the newcomers or traders who possess limited capital. It provides entry to the key-elements of the platform such as a variety of assets and trading tools, thus being an appropriate option to those who are only testing their water.
Pro Account
The Pro Account has greater advantages to traders who would like a little more flexibility, which include increased bonuses and increased leverage. This option is offered to the traders who have a bit of experience and do not want to become high-stakes traders.
VIP Account
The VIP account is meant to serve the higher traders or people who have greater capital to invest. Under this type of account, traders receive precedence, special bonuses, and other upscale options that make trading experience a lot better.
