Quotex facilitates copy trading via“Signals”, available on the Quotex trading platform section. Traders can review the signal details, including thecurrency pair, duration, buy/sell signals, and the issuance date and time to earn payouts of up to 98%.
How to Copy Trade on Quotex
Quotex review briefly explained copy trading in this binary options broker. This guide will go through this 3-step process in more detail.
Quotex copy (Signal) trading process:
- Enter the “Signals” section on Quotex broker
- Review the available live signals
- Trade with the signal you received
#1 Enter the “Signals” Section
You might have noticed that the Quotex broker does not have a section called Copy Trade or Social Trade where you can copy other people's trades directly.
However, the closest section to copy/social trading is the “Signals” section in Quotex dashboard, where you can view signals provided in various markets.
#2 Review the Available Live Signals
In the “Signals” section, you receive analyses from various markets that you can use. In the lower part of the section, you can see past signals that have been provided, while in the upper part, you will find the current offers.
Each signal presented includes several parts. Quotex trading signals components:
- Name of currency pair;
- Bullish or bearish signal;
- The exact date and time the signal was issued;
- Signal duration.
#3 Trade with the Signal You Received
If you click on a specific signal, the relevant currency pair’s page will open, and you can decide to click on either “Up” or “Down” based on the signal you received.
These live signals are just suggestions based on market analysis and do not guarantee accuracy. After analyzing your desired currency pair, you can check the related signal and use it to assist your analysis.
If the market moves in the predicted direction, you will receive profits. Remember, these trading signals don’t guarantee success, but you can use them to improve your market analysis.
TF Expert Suggestion
As we covered earlier, Quotex doesn’t provide a dedicated section for copy trading. However, traders can use 10+ real-time Quotex trading signals to go long or short on over 400 instruments.
Now that you are familiar with copy trading on this broker, you need to fund your account. Read Quotex deposit and withdrawal methods article on Quotex tutorial page, to learn about the available payment options.
