The Quotex platform innovates further by presenting several improved features that make analysis and trading easier for traders. Becoming a master at, and utilizing these features to the best of one's abilities, can be a significant competitive advantage in binary options trading. The first thing to be known is Multi-Asset Trading. Quotex offers more than 100 trading assets such as major and minor forex, cryptocurrencies, blue-chip stocks, indices, and commodities.
There are different movement patterns in each group of assets, and as such, the traders can choose the assets best suited to their trading style. One of the key advantages of Quotex is the intuitive Trading Interface. The clear and simple dashboard allows traders to focus on analysis without distraction caused by extra details. There are available options for customization so that traders can adjust the layout according to their needs. You can toggle the chart color, change the toolbar location, and save templates for future reference.
Quotex provides Advanced Charting Tools that are very rich with more than 30 technical indicators. All the popularly used indicators such as MA, RSI, MACD, Bollinger Bands, and Stochastic are available with editable parameters. The drawing tool feature of Quotex allows users to draw the trendline, support resistance, and Fibonacci retracement on the chart.
Social Trading is a groundbreaking new feature allowing traders to copy and follow other successful traders' moves. Social Trading is very helpful for new traders who want to benefit from the experience of other successful traders. You are able to see other traders' performance statistics, such as their win rate, profit factor, and drawdown history, before copying.
The Risk Management Tools available on Quotex are highly comprehensive. The Auto-Close feature allows automatic closing of trades once they reach a certain level of profit or stop-loss. Take Profit and Stop Loss can be customized with high precision to optimize the risk-reward ratio of each trade. The powerful Mobile Trading App allows traders to take advantage of all capabilities of the platform on smartphone. The mobile application performs equally well compared to the web version, aided by push notification capabilities for price and trading signals. Synchronization of web/mobile data is done in real-time, supporting seamless switching between devices.
Tournament Trading is a gamification feature that brings in a bit of fun to trading. Quotex hosts periodic trading tournaments with promising rewards. Besides money rewards, tournaments are also where traders can hone their trading skills and network with other traders. The ranking system provides still another impetus to improve constantly.
News and Economic Calendar are directly incorporated into the platform, providing real-time information about significant economic events that could affect price action. Traders can set alerts for specific events and create trading strategies based on the calendar. Advanced analysis tools such as the Market Sentiment Indicator provide an insight into the positioning of the market participant. The Correlation Matrix enlightens traders regarding the correlation between the assets and detecting arbitrage trades. The Volatility Indicator shows the level of volatility that is useful for choosing the right strategy.
VIP Program provides exclusive benefits to high-volume traders. These benefits include a personal account manager, faster withdrawal processing, higher payout rates, and VIP trading signals. The program is designed for retaining loyal traders and value-added services. Comprehensive study materials include video lessons, webinars, e-books, and trading courses. Learning materials are offered in various languages, including Indonesian. Interactive tutorials allow traders to study and practice on the live platform.
API Integration allows advanced traders to integrate the platform into trading robots or other automated platforms. The well-documented RESTful API makes it easy for developers to build custom applications that interact with Quotex. Responsive Customer Support operates 24/7 across various channels. Live chat, phone, and email support are managed by a professional and multilingual team. Rapid response and solution-based strategy make customers feel comprehensively supported.
All these characteristics are regularly updated on the basis of feedback and trends in the industry. Quotex regularly updates to keep the platform up-to-date and user-friendly. Utilizing every one of these characteristics to the best of your abilities can do wonders for your chances of good trades.