Traders Union explained everything about QUOTEX bonuses

The financial market offers various opportunities to traders, including the chance to earn bonuses from their trading activities. On similar lines, QUOTEX, a well-known online trading platform, offers its clients a range of bonuses that can be used to enhance their trading experience. The experts at Traders Union provide valuable insights into the QUOTEX bonus system.

According to Traders Union experts, QUOTEX bonus is a 30% deposit bonus for first-time clients who deposit $100 or more, which is usable for trading purposes but not withdrawable. You can navigate to the deposit bonus section on QUOTEX’s website to claim this bonus.

What bonuses does QUOTEX offer?

1. Deposit Bonus

For new users making their deposit of $100 or more, QUOTEX offers a 30% deposit bonus that can be used for trading. However, the bonus cannot be withdrawn. 

2. Risk-Free Trade

Clients who write a review about QUOTEX on any website are awarded a promo code that can be used to cancel any $3 loss trade. This is how traders can minimize their losses while trading with QUOTEX.

3. Promo Codes

QUOTEX offers different bonuses and trading benefits through promo codes. These benefits include cashback and deposit bonus. However, promo codes are only available for active traders.

First deposit bonus

QUOTEX offers a bonus for new traders to improve their financial standing in the trading market. Traders Union experts told how to get this bonus.

1. Live account registration. This bonus is only available for live account users. So new traders must create a live account providing all required details.
2. Minimum deposit. To get the bonus, traders need to deposit at least $100 on their account.
3. Using bonus funds. The bonus is only for trading purposes and cannot be withdrawn. However, traders can withdraw any profits made using the bonus funds along with their own money.

Additional information

First of all, traders should ensure that they have read all the terms and conditions before applying for bonuses. QUOTEX also offers other bonuses, such as cashback rewards, cancel X points, risk reduction incentives, and balance bonuses. Promo codes can help traders save more and trade larger on this trustworthy trading platform.

It is essential for traders to understand that the Deposit Bonus does not just benefit them, but QUOTEX as well. It gains advantages such as:

1. Increased number of traders. Bonuses attract new traders to the platform, raising the number of traders.
2. Liquidity pool contributions. The growth in traders also adds to the liquidity pool, benefiting the platform.
3. Brand promotion. The Deposit Bonus serves as a promotional tool for the QUOTEX brand among Forex, stock and crypto traders.

QUOTEX account types

There are several account types on QUOTEX platform. Traders Union experts answered the users’ question “what types are there?”.

• Standard account. Ideal for beginners, this account requires a minimum deposit of $10 and offers access to numerous trading assets.
• Pro account. Perfect for experienced traders, this account comes with premium advantages over and above all the features of a Standard account, requiring a $1000 deposit.
• VIP account: Tailored for seasoned traders, this account demands a $5000 deposit to enjoy its exclusive benefits.

Can traders withdraw funds?

Money withdrawal is possible but there are several requirements:

• Bonus turnover condition. If QUOTEX has granted traders a bonus, they must reach a specified turnover amount before withdrawing the bonus. 
• Unrestricted account balance. When activating the bonus, traders’ account balance remains unblocked. They can withdraw their deposited funds anytime without limitations.
• Bonus deactivation. The bonus offered by QUOTEX can be deactivated for trading whenever traders want.

TU analysts think that QUOTEX is a reliable and trustworthy broker. It offers a lot of bonuses for novice and active traders. However, traders should read all the terms and conditions before applying for a bonus.