Quotex specializes in digital options, particularly binary options. These instruments allow traders to predict whether the price of an asset will rise or fall within a specific time frame. While the simplicity of this system is attractive to beginners, it comes with a high-risk profile due to its all-or-nothing payout model.
Asset classes available on Quotex include:
Currency pairs (Forex)
Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
Commodities (Gold, Oil)
While the asset selection is not as broad as some full-fledged brokers, it covers the essentials for most binary traders.
The expiry times range from 1 minute to 4 hours, giving traders flexibility in choosing their time horizons. Some users might find the lack of longer expiry options or advanced order types a limitation
1 month ago
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