Pocket Option Vs Quotex 2023

Everyone who wants to become a trader needs a verified platform where they can easily trade and trust that their funds are not used for illegal activities Pocket Option Vs . Quotex is one binary options broker that provides an easy-to-use base where a trader can invest high values and maximize their profits.

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Do pocket options pay out? Pocket Option offers a range of withdrawal options, including bank transfers, credit/debit cards, and various e-wallets. Choose the method that aligns with your preferences.

What is the best indicator for Pocket Option ? What are the best technical indicators for Pocket option Pocket Option Affiliate Program Hindi ? The best technical indicators for Pocket option include moving averages, RSI, Bollinger Bands, and MACD.

They also provide a Quotex demo account that aids in learning the trading strategies and a detailed study of the market and its positions. However, why is Quotex banned in some countries? Which are the Quotex countries where the platform is available? Let us discuss the availability of Quotex in the article below.

(Risk warning: Trading involves risks)

Introduction Pocket Option Vs Quotex 2023

Important note: You can access the Quotex website from any country on earth. In some countries, it is only possible to use the demo account, and no live trading because of regulations! If you can not access Quotex, try a VPN or see our Quotex alternatives!

While Quotex is available in 249 countries and legal to use, the list of some Quotex-available countries is given below:

Albania
Andorra
Argentina
Armenia
Azerbaijan
Bahrain
Bangladesh
Belarus
Bhutan
Brazil
Brunei
Cambodia
Chile
China
Colombia
Costa Rica
Cuba
Dominican Republic
Egypt
El Salvador
Ecuador
Fiji
Georgia
Ghana
Guatemala
Honduras
Iceland
India
Indonesia
Iran
Iraq
Israel
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kuwait
Kyrgyzstan
Laos
Lebanon
Liechtenstein
Macedonia
Malaysia
Maldives
Mexico
Monaco
Mongolia
Montenegro
Morocco
Myanmar (Burma)
Nepal
New Zealand
Nicaragua
Nigeria
North Korea
Oman
Pakistan
Panama
Paraguay
Peru
Philippines
Qatar
Saudi Arabia
Serbia
Singapore
South Africa
South Korea
Sri Lanka
Suriname
Taiwan
Tajikistan
Thailand
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Ukraine
United Arab Emirates (UAE)
Uruguay
Uzbekistan
Vatican City
Venezuela
Vietnam
Yemen

(Risk warning: Trading involves risks)

Quotex banned countries:

Quotex banned countries – It is displayed on the footer of the page

No country has banned Quotex; however, the website is not functional in countries like:

Canada
USA
Russia
HongKong
Austria
Belgium
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Norway
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
Switzerland
UK
Australia

Local regulations may apply. For exact information, you can visit your regulator’s homepage (for example, https://brokercheck.finra.org/). However, you can visit the website and try out the demo account.

What is behind Quotex?

Quotex has been a licensed broker since November 2020, even though the company was founded in 2019. It has a team of developers and specialists that deal with all sorts of trading activities that allow novice traders to learn from the best.

Regulated by the IFMRRC, Quotex cannot hold back the client’s funds if the company suffers through loss. The website is also protected by an SSL certificate which keeps your credential safe from any hacker or suspicious activity.

There is a wide range of assets that you can trade with, such as cryptocurrencies, commodities, indices, and even binary options. However, binary options are not available in all the countries, so it is not a popular asset for trading.

Popular Quotex cryptocurrencies include Bitcoin and Litecoin, etc.

Get a free deposit bonus of 50% at Quotex with our promotion code “bobroker50“

You can only use this bonus code by signing up via our website.

(Risk warning: Trading involves risks)

Benefits of the Quotex platform

Quotex provides a web interface that is probably the best merit for this broker. An online platform allows traders from the globe to trade on this site via their computers and even smartphones via the Quotex app. You need to create an email ID and password, and you can start trading now.

The best part about trading with this platform is the Quotex bonus. They give an additional bonus on the initial set of deposits to the account. This bonus allows an increase in your capital, thus creating an impression of a rich trader. This activity leads to an increase in the chances of higher profits.

Since the broker firm is user-friendly, it is so easy to use, and even a layperson can use the site. It is amazing for novices that have just entered the world of trading and are looking to try out their hands at trading and winning money.

The fees charged are low compared to other brokerage firms, and they do not even charge any withdrawal fees or deposit fees, and the company has no commission fee.

Quotex also provides a free demo account for the new traders to learn and get equipped with trader knowledge by having free access to the trader app through the demo account. An additional $10,000 is also given to practice trading and learning the market’s play.

(Risk warning: Trading involves risks)

Why is Quotex banned from these countries?

Nowadays, trading in binary options has become a part of the normal financial market, but it is still considered an ill practice in some countries. However, Quotex also allows binary options, but it is not available in every country because of its reputation.

Usually, binary options must be regulated as they can be associated with gambling and may seem illegal. Therefore, the regulation requires very strict conditions for brokers.

The regulation is very tightly inspected and can be suspended if any illegal behavior is expressed by the broker or found around him. Therefore, many firms or brokers skip buying a regulation as it is very costly through and through.

Therefore, as there are no regulations, countries tend to ban the practice altogether to save their citizens from getting duped by illegal activities and attempt to save their funds. However, Quotex is not banned in countries because it allows multiple assets for use where people can ignore binary options for trading.

Conclusion: Many countries are available for Quotex

Quotex is a broker that accepts legal business from international clients worldwide. It provides an excellent opportunity to invest and get high returns on investment from the good conditions that arise in the market. The company holds a regulation by the International Financial Market Relations Regulation center members and is certified by them.

Therefore, Quotex is a trusted brand with multi-options in assets and is available in almost 249 countries, making it quite popular throughout the globe with no bans in any country.

(Risk warning: Trading involves risks)

Most asked questions about countries of Quotex:

Is Quotex available in the USA?

No, Quotex is not available in the USA. On the official website, you will see a message that the broker is not available in the USA. The platform does not accept US clients.

Why is Quotex not available in the USA?

Brokers require strict regulations in the USA to onboard U.S. clients. Quotex is not regulated in the USA, which is why this broker does not accept U.S. traders and is not allowed to do it.

Why is Quotex not available in my country?

Quotex does not accept clients from every country. This is due to regulatory reasons. Some countries require local regulation for brokers if they want to operate in their country. Quotex does not have all local regulations.

In which countries is Quotex available?

Quotex is available in all countries of South America, Africa, and most Asian countries. In countries of Europe, the USA, Hong Kong, and Russia, this broker is not available.

About the author

Percival Knight

Percival Knight is an experienced Binary Options trader for more than ten years. Mainly, he trades 60-second trades at a very high hit rate. My favorite strategies is by using candlesticks and fake-breakouts

Bitab says: 21. November 2022 at 21:00 We can use Quotex in Afghanistan Alistair says: 16. February 2023 at 8:48

I want to ask one question regarding Quotex on which country is available, the country I want to ask you about is Vanuatu in the Pacific. Is it available or not?