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Quotex opens accounts to local traders

If you're a trader or just beginning to explore the vast financial market, you might find Quotex, a globally renowned trading platform, particularly appealing. This is especially true if you're based in Nigeria, where Quotex has gained significant traction among the trading community.

A pivotal question for many, especially those in Abuja (Although the motivation for writing this article came from one of our readers in Kano), is whether Quotex opens trading accounts locally. The answer is yes; Quotex opens Options Trading accounts for residents across Nigeria.

It is important to comment that the app offers to trade the Naira pair against the US Dollar. This is noteworthy since it's the only trading platform with global reach that offers trading in local currency.

CAN I OPEN A TRADING ACCOUNT WITH QUOTEX IN NIGERIA?

Quotex opens accounts to local traders

Quotex is an innovative binary options trading platform that offers Nigerian users a simplified and effective trading experience. Designed for traders of all experience levels, from beginners to advanced, Quotex stands out for its intuitive and easy-to-use interface. The platform allows users to trade various financial assets, including Forex currency pairs, stocks, indices, and commodities.

Binary options are a type of financial instrument that allows investors to speculate on the price direction of an underlying asset, such as currencies, stocks, indices, or commodities, within a predetermined period. Unlike other financial instruments, binary options offer two possible outcomes: a fixed gain or loss, based on whether the price movement prediction is accurate. When trading a binary option, the trader decides whether they believe the price of an asset will rise or fall before the option expires. If the prediction is correct at expiration, the investor receives a predetermined gain, usually a percentage of the invested amount. If the prediction is incorrect, the investor loses the entirety or a large portion of their initial investment.

Opening an account with Quotex in Nigeria is a brief process designed to introduce traders of all levels to binary options trading. On the homepage, look for the "Register" button. You should provide some basic information, such as your email address, a secure password, and the currency in which you wish to operate your account.

After registration, you will be asked to verify your account to comply with security regulations and fraud prevention. This involves uploading identity documents, such as a passport or National ID card, and proof of address (Example: AEDC Bill).

Once your account is set up and verified, the next step is to make a deposit and start trading.

QUOTEX: BINARY OPTIONS TRADING APP

Conviértete en
inversionista en 3 pasos

Invertir es para todos, incluido tú.

Comenzar es intuitivo, abra una cuenta hoy.

1

Seleccione un nombre de usuario, verifique su correo electrónico y obtenga acceso a una plataforma de trading.

2

Deposite cualquier cantidad de dinero en su cuenta de inversión de forma gratuita.

3

Haga su primera inversión y comience a beneficiarse de unas tarifas increíblemente bajas.

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