Verification at Quotex Exchange (Complete Guide for 2024)

Quotex is one of my favorite trading platforms of all time, mainly because of the sheer ease of doing things on the platform.
From logging in or signing up to making deposits and even testing out trading strategies via the demo account, everything on Quotex is swift and easy. It will likely take you at least five minutes to complete.
To ensure the platform is secure and provides users with the best possible trading experience, Quotex requires all users to verify their accounts. In this article,
I’ll take you through the entire verification process, covering essential details like how long the verification takes and the possibility of using Quotex without it. Let’s dive in.
The Purpose of Quotex Verification
You need to verify your Quotex account for several reasons. First, it secures your account. Verifying it will make the platform safer for trading and diminish the risk of being conned by fraudsters during trading.
This is also the policy of Quotex. By verifying your account, you demonstrate that you adhere entirely to the principles guiding this platform and never intend to go against its laws.
That’s why there may be some punishment for users who do not comply with its policies, such as suspending or deactivating an account. You cannot avoid these unless you verify your account.
Lastly, confirming your Quotex account will mean no restrictions on using certain features on this platform, nor will problems arise when they manifest themselves to you. For example, a verified account will need help completing a large withdrawal compared with an unverified one, which is likely not to complete the process due to technical hitches.
Can You Trade on Quotex Without Verification?
Quotex is a regulated broker and adheres to strict regulatory standards. For this reason, it is only possible to participate in live trading on the platform by verifying your account. It is also only likely to access some features on the platform with a verified account, such as withdrawals.
That isn’t to say all the Quotex features are unavailable to unverified accounts. The demo account should still work even if your account is unverified, meaning you can still practice trading and test trading strategies on the platform. However, you must verify your account to experience the full extent of the Quotex platform’s features.
How to Verify My Account on Quotex?
If you’re an existing user or are new to the platform, here’s how to verify your account and ensure it’s not restricted:
- First, you’ll have to log in to your Quotex account or create one if you don’t have one. Go to the Quotex website, click the register button, and fill out the registration form with your relevant details. Once you’re done, submit the form to continue.
- If you have a Quotex account, simply click the Login button on the landing page and submit your details using the login form to access your account. Alternatively, you can log in to your account using Google or Facebook by clicking on the icons at the bottom of your screen.
- Once you’ve successfully created an account or logged into your existing account, your Quotex dashboard will appear. Click the account button on the navigation bar on the left side of the screen to enter your account page. From here, fill out the identity form with your essential details (name, email address, country, and address).
- After you’ve filled out the identity form, you’ll have to upload your ID for verification. The documents you need to upload include a clear picture of your passport’s front page, a clear selfie for photo identification, and some proof of your current residential address.
- After uploading the documents, you’ll have to wait until the team completes the verification process. You’ll know your account has been verified when your account status changes from “Not Verified” to “Verified.”
How Long Does it Take to Verify Quotex Account?
Once you’ve submitted the necessary documents to verify your account, the Quotex team will review them and decide whether they are authentic. This generally takes 1 to 3 working days, after which your account will become verified or remain unverified.
While the Quotex team is reviewing your documents, you should still be able to use the platform as usual. That means all the previously available features before the verification process began will still be available.
- The Forex Order Types: Limit, Stop, and Market
- How to Invest for Retirement (Simple Effective Approach)
- 5 Best Binary Options Brokers in New Zealand in 2024
- Do Futures Trade on Weekends? Learn Which Markets Have Weekend Trading
- Reliable Binary Options Brokers for Nigerian Traders in 2024
- 10 Questions Everyone is Asking about Bitcoin
Tips to Ensure You Get Verified Fast
Although the Quotex team is entirely responsible for your account verification, following these tips can make things easier.
- Provide authentic and easily verifiable documents: Ensure the documents you provide are updated and contain all the necessary information to verify your identity quickly. Doing so will make the verification process easier and faster for the Quotex staff.
- Provide clear and quality photos of your document: Bad lighting or blurred images make the information in them more challenging to read, and the Quotex team might have no choice but to reject them. When uploading your document photos, ensure they are clear and that the correct documents are required.
- Do not submit graphically altered documents: Changing anything about the photo may cause the Quotex team to reject your verification and request, and you might be banned from the platform. If you do not have the proper documents, consider using another trading platform.
- Top 12 Binary Options Brokers of 2024
- Top 4 Binary Options Brokers in South Africa
- E8 Funding Review: A Game Changer in the Prop Trading Space?
- Trading.com Review 2024: A Professional Forex Broker With Social Trading Support!
- How to Get Approved for Options Trading (Any Experience Level)
- Dead Cat Bounce: How to profit when others lose?
Final Words
Quotex has many remarkable features, but the verification process is the most impressive.
If you want to enjoy the full extent of the Quotex platform, you should verify your account. Not only will you be protecting yourself from fraud, but you will also be contributing to making the platform safer and more secure.
Follow the guides in this review closely to verify your account. Ensure you provide the proper documents and provide clear photos of them.
- What is a Trading Desk, What it Does and How it Works
- Top Bitcoin Holders: Who Owns the Most Bitcoin (2024)
- What are Bullish Options? Strategies, Definition and Types
- Mastering Candlestick Patterns: Tips for Profitable Trading
- Is Crypto Trading Legal in India in 2024?
- Automated Trading: What It Is, How It Works, Pros and Cons