Quotex Malaysia Review

Quotex Malaysia – Introduction

Quotex broker in Malaysia is a leading financial trading platform that offers a variety of services to its clients, including trading in binary options, forex currencies, and cryptocurrencies. The company was established in 2014 and has since become a popular choice for traders in Malaysia and other countries. Quotex’s user-friendly platform and advanced trading tools make it easy for beginners and experienced traders alike to navigate the financial markets and make profitable trades. In this Quotex Review in Malaysia, we will learn more about the broker’s platform, pros & cons, fees, and key features.

The company is committed to providing its clients with a safe and secure trading environment and offers a range of educational resources to help traders improve their skills and knowledge. Overall, Quotex is a trusted and reliable trading platform with a reputation for excellence in the industry. Check out other leading binary option brokers in Malaysia.

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Account Types

Quotex broker offers its clients four different account types, designed to cater to the varying needs of traders with different levels of experience and trading preferences. These account types include:

  • Demo Account: The Demo Account is designed for beginners who want to practice trading without risking any real money. It is a great way to learn the ropes of trading and to test out different trading strategies before moving on to a live account.
  • Standard Account: The Standard Account is perfect for traders who are just starting and want to trade with real money. It offers a low minimum deposit requirement of $10 and competitive spreads, making it an affordable option for new traders.
  • VIP Account: The VIP Account is the top-tier account type offered by this broker. It is designed for high-volume traders and offers the most competitive spreads, the fastest execution times, and access to exclusive trading tools and features. VIP account holders also receive priority customer support and personal account management. The minimum deposit for this account type is $1000.

Overall, Quotex trading account types are designed to cater to the needs of traders at every level of experience and with varying trading styles. Whether you are a beginner or an experienced trader, there is an account type that will suit your needs.

Quotex Review Malaysia

Quotex Trading – Tradeable Assets

In Malaysia, Quotex allows investors to trade on a wide range of financial assets. Here’s a breakdown:

  • Currency pairs: Malaysian investors can trade various currency pairs on Quotex. This includes major pairs like EUR/USD, GBP/USD, and USD/JPY, among others.
  • Commodities: Quotex also allows investors to trade several commodities. This includes precious metals like gold and silver, oil, natural gas, and more.
  • Stocks: On Quotex, investors can trade stocks from some of the world’s largest companies. This includes tech giants like Apple, Amazon, and Google, among others. Traders can buy and sell shares in these companies, and can also take advantage of price movements by trading CFDs (contracts for difference).
  • Indices: The broker also offers several global indices for trading. This includes the S&P 500, Dow Jones, NASDAQ, and others.
  • Cryptocurrencies: In addition to traditional assets, Quotex also allows investors to trade various cryptocurrencies. This includes Bitcoin, Ethereum, Ripple, and more.

Overall, Quotex Malaysia offers a wide range of financial assets for trading. This platform is designed to be user-friendly, making it easy for both experienced and novice traders to make predictions on various assets. Additionally, it offers a demo account, allowing users to practice their trading strategies without any risk.

Quotex Trading Platform

How to Get Started with Quotex Malaysia?

Quotex trading platform provides users with an opportunity to trade on a wide range of assets including forex, commodities, and cryptocurrencies. To get started with Quotex, follow these steps:

  • Register an account: The first step is to create an account on the Quotex website. This can be done by clicking on the ‘Sign Up’ button on the homepage and filling in the required details.
  • Verify your account: Once you have registered, you will need to verify your account by providing proof of identity and address. This is a mandatory requirement to ensure compliance with regulatory requirements.
  • Fund your account: To start trading, you will need to fund your account. Quotex accepts a variety of payment methods including credit/debit cards, e-wallets, and bank transfers.
  • Choose your asset: After funding your account, you can choose the asset you want to trade. Quotex platform offers a wide range of assets to choose from, including forex, commodities, and cryptocurrencies.
  • Make your trade: Once you have chosen your asset, you can make your trade by selecting the amount you want to trade and the direction of your trade. The platform offers a variety of trading options including turbo trading, classic trading, and binary options.
  • Monitor your trade: After making your trade, you can monitor its progress in real-time on the Quotex trading platform. This will allow you to make informed decisions about when to close your trade and take a profit or cut your losses.

In summary, getting started with the Quotex broker involves registering an account, verifying your account, funding your account, choosing your asset, making your trade, and monitoring your trade. With these steps, you can start trading on Quotex and potentially earn profits from your trades.

Quotex Malaysia Trading Platforms

The Quotex App download for PC and Mobile Apps are essential trading tools that are available in Malaysia. They come with multiple features that make trading easier, more efficient, and potentially profitable. Quotex mobile App makes trading with Quotex easy and hassle free.

Desktop App Features

  • Real-time Updates: The Quotex Desktop App provides real-time updates on market trends, price fluctuations, and other important financial data.
  • Customizable Interface: Users can customize the interface to suit their preferences, making it easier to navigate and use.
  • Advanced Charting Tools: The app offers advanced charting tools that help traders make informed decisions based on historical and current market data.
  • Risk Management: It provides various tools to manage risks effectively, such as setting stop-loss and take-profit levels.
  • Multiple Asset Classes: Users can trade a variety of assets including stocks, forex, indices, and commodities.
  • Secure Transactions: All transactions carried out on the Quotex Desktop App are secure and encrypted.

Mobile Application

  • Trading on the Go: The Quotex mobile app is designed for traders who want to monitor their investments and trade on the go.
  • Push Notifications: The app sends push notifications about market trends and trade alerts, ensuring users never miss out on crucial trading opportunities.
  • Easy Access to Market Data: The mobile app provides easy access to up-to-date market data.
  • User-friendly Interface: The app has a user-friendly interface that makes it easy to use, even for novice traders.
  • Secure Transactions: Just like the desktop app, the mobile app also guarantees secure transactions.
  • 24/7 Customer Support: Users can access customer support round the clock directly from the mobile app.
Quotex Malaysia Trading Platforms

Trading Tools

Quotex is a comprehensive trading platform that offers a host of features and tools that are specifically designed to cater to the needs of Malaysian traders. Here are some of the key features:

  • Technical Indicators: These are crucial for any trader as they provide important signals about market trends and potential trading opportunities. Quotex offers a wide range of technical indicators including Moving Averages, Bollinger Bands, Stochastic Oscillators, and more. These indicators assist traders in making informed decisions about when to enter or exit a trade.
  • Real-Time Market Updates: In the world of trading, timing is everything. With Quotex, traders have access to real-time market updates, which means they can make immediate decisions based on the most recent market data. This feature ensures that traders are always up-to-date with the latest market movements and trends.
  • Risk Management: Trading involves potential risks. Quotex provides several risk management tools that help traders to minimize their losses and protect their investments. These tools include stop loss orders, take profit orders, and different types of trading limits. These features allow traders to control their potential losses and maximize their profits.
  • Graphical Analysis: Visual representation of data can make it easier to understand complex market trends. Quotex offers graphical analysis tools that allow traders to visualize market data in various forms like bar charts, line charts, and candlestick charts. These tools can help traders spot market trends and patterns that might not be immediately apparent in numerical data.

In summary, Quotex provides Malaysian traders with a comprehensive set of trading tools and features that can help them to make informed trading decisions, manage their risks effectively, and ultimately achieve their trading goals.

Quotex Demo Malaysia

Quotex Malaysia Deposit Options

The Quotex Malaysia Deposit Options refer to the various methods through which users in Malaysia can deposit funds into their Quotex trading accounts. These options may include:

  • Bank Transfer: Users can deposit funds directly from their bank accounts. This is considered one of the most secure methods of transaction.
  • Credit/Debit Card: Users can deposit funds using their credit or debit cards.
  • E-Wallets: Quotex broker may also allow deposits through different e-wallets. Popular e-wallet options include PayPal, Skrill, Neteller, and others.
  • Cryptocurrency: Some platforms like Quotex may allow users to deposit funds using cryptocurrencies like Bitcoin, Ethereum, etc.
  • Wire Transfer: Users can also do a wire transfer, though this method may have higher fees and take longer.

Remember, it’s always important to check the deposit and withdrawal policies and fees of the platform. It’s also crucial to ensure the safety and security of the chosen method.

Quotex Deposit Options in Malaysia

Withdrawal Options

Quotex trading platform that is accessible to users worldwide, including Malaysia. It offers several options for users to withdraw their funds. The following are the withdrawal options that Quotex offers in Malaysia:

  • Bank Wire Transfer: This is a traditional and secure method of withdrawing funds. Users can transfer their earnings directly to their local bank account. However, this method may include transaction fees and may take a few days to process.
  • Credit/Debit Card: Quotex allows users to withdraw their funds directly to their credit or debit card. This is a convenient method but the processing time can vary.
  • E-Wallets: Quotex also supports a variety of e-wallets for withdrawals. These include popular options such as Skrill, Neteller, and WebMoney. E-wallets are usually the fastest option for withdrawals.
  • Cryptocurrencies: Users can also choose to withdraw their funds in the form of cryptocurrencies like Bitcoin, Ethereum, and Litecoin. This option is ideal for those who prefer to deal in digital currencies.

Please note that the availability of these options may vary based on the user’s location and local regulations. It’s also important to note that there may be minimum withdrawal limits and fees associated with each method. Users are advised to check the terms and conditions for each withdrawal option on the Quotex platform.

Quotex Malaysia Bonus and Promotions

Quotex Malaysia provides a variety of bonuses and promotions to entice new customers and reward loyal ones.

  • Sign-up Bonus: Like many online platforms, Quotex trade offers a sign-up bonus for new users in Malaysia. The bonus amount may vary, but it’s a nice incentive for new users to start trading.
  • Deposit Bonus: Quotex also offers deposit bonuses to its Malaysian customers. This implies that when traders make a deposit, they receive a certain percentage of their deposit amount as a bonus, which they can use for trading.
  • No-Deposit Bonus: Occasionally, Quotex may offer a no-deposit bonus. This is a special promotion where traders get a bonus without having to deposit any money. This is a great way for traders to try out the platform without any financial commitment.
  • Cashback promotions: Quotex also offers cashback promotions where a percentage of the losses incurred by the trader will be given back to them. This is a great way to reduce the risk associated with trading.
  • Referral Bonus: Quotex has a referral program where Malaysian traders can earn bonuses by referring other traders to the platform. The bonus is typically a percentage of the referred trader’s first deposit.
  • Regular promotions: Aside from these bonuses, Quotex also runs regular promotions which may include increased returns, risk-free trades, and more.

These bonuses and promotions are subject to terms and conditions, so traders should ensure they understand these before participating. The promotions can enhance the trading experience and give traders an extra boost to their trading capital. However, they should not be the sole decision factor when choosing a trading platform. The platform’s reliability, trading conditions, customer support, and other aspects should also be considered.

Is Quotex Legal in Malaysia?

Quotex is a reliable and trustworthy binary options broker in Malaysia. As mentioned on the Quotex website, they don’t restrict Malaysian traders from trading on their platform. The person has to be over 18 years of age to be eligible to register on the Quotex website in Malaysia. Hence, we can conclude that Quotex is legal in Malaysia. The traders must always comply with the local regulations, which vary from time to time.

However, it is essential to note that laws and regulations governing online trading platforms such as Quotex may differ from country to country. Therefore, consulting with a legal professional or financial advisor in Malaysia is recommended to determine whether Quotex is legally permitted to operate in the country. Researching the platform’s regulatory compliance and reputation is essential before engaging in any trading activities. Is Quotex Legit? Yes, it is a legit and reliable online trading platform.

Is Quotex Halal in Malaysia?

Quotex trading platform does not charge swaps or interest while trading. It does not have any commissions while depositing or withdrawing funds. Hence, it is considered halal to trade with the Quotex trading platform in Malaysia. Binary options trading lasts from a few seconds to a few hours, and it does not have any concept of charging swaps while trading. No interest is deposited or charged from the traders’ funds.

Quotex Mobile platform

Quotex Education & Customer Support

Quotex Malaysia offers a comprehensive educational platform that provides advanced training and support to its users. The platform is designed to cater to both new and experienced traders, providing them with the necessary tools and skills to succeed in the markets. The platform offers a range of educational resources, including webinars, tutorials, and articles, that are designed to help traders improve their trading skills.

In addition to its educational resources, Quotex also offers a range of support services to its users. This includes 24/7 customer support, which is available via phone, email, or live chat. The platform also offers a range of analytical tools and indicators that can be used to identify trading opportunities and make informed decisions.

Quotex Review Malaysia – Conclusion

In this Quotex Malaysia Review, we can conclude that Quotex is a reliable and user-friendly trading platform that offers a variety of financial instruments for traders to choose from. The platform provides educational resources and customer support to help traders make informed decisions. However, it is important to note that trading always carries risks, and it is essential to conduct thorough research and analysis before making any trades. Overall, Quotex is an excellent option for beginner and experienced traders seeking a trustworthy and efficient platform.

Open a Risk-Free Demo Account with Quotex and try it before you invest.