Quotex Demo Account - Get $10,000 Free Trading Capital
Open a Quotex demo account and receive $10,000 in virtual trading capital.
The Quotex demo account offers $10,000 virtual money with unlimited reset options that you can use to test different trading strategies and explore binary options trading without risking your own money. In Demo mode, you get full access to all of the broker’s trading tools and 200+ assets, but it does not reflect the true risks of trading on Quotex’s unregulated platform.
In this guide, we’ll show you how to open a Quotex demo, explain its key differences from real accounts, and warn you about the hidden dangers beginner traders often overlook.
How to Open a Quotex Demo Account?
Follow these simple steps to open your Quotex demo account:
Step 1:
Visit the official link for Quotex demo account and sign up for a new account using your email address, Facebook or Google account.
Step 2:
Click on the “Trading on a demo account” button once prompted by the website.
Step 3:
If asked, enter the code sent to your email address to complete the registration.
Step 4:
Go through the tutorial or skip it and start using the demo account right away.
Quotex Demo vs Real Money Account
Quotex demo account and real money account don’t have differences in platform features (e.g., market data, trading tools, trading charts), but the demo lacks the same level of emotional and financial risks real trading has.
Because traders can’t lose real money, they are trading more aggressively, with larger amounts than they would with a real money account. This mindset is not ideal to apply in actual trading if you have low-risk tolerance and capital.
Bonuses and rewards are also not available in demo mode (e.g., welcome bonuses, cashback, and tournaments). So you have to make a first-time deposit to get welcome bonuses and join tournaments. “Daily Trading Limits,” which is a risk management feature, is also not available in demo account, so your testing of risk management strategies is limited in demo mode.
Risks of Using the Quotex Demo Account
The Quotex demo account may feel safe, but it can create false confidence and doesn’t reflect the real risks of trading on an unregulated platform. While demo mode doesn’t put your real money at risk, it can mislead traders in two important ways:
1. Psychological Misalignment Between Demo and Real Trading
The Quotex demo account uses virtual funds, usually far more than what most beginners deposit in real life. This removes the emotional pressure of real-money decisions — and that difference matters. Strategies that seem profitable in demo trading often fall apart under stress, especially when you're trading with your own funds.
Overconfidence from demo success leads to poor risk management, impulsive trades, and misjudging market volatility. Many users lose money not because their strategy was wrong, but because they never tested it under real conditions.
Tip: If you plan to switch to live trading, treat the demo account seriously — trade with the same amount and discipline you would in real life.
2. Platform Differences Between Demo and Live Accounts
Quotex is an unregulated offshore broker, which means there's no external supervision to guarantee that demo and live accounts behave the same way.
Some users report inconsistencies such as:
- Trades on the demo account not showing up in the trade history
- Different trade execution speed between demo and live accounts
- Strategies that win in demo mode but mysteriously fail in real mode
These complaints raise doubts about platform integrity, especially since Quotex can change payout rates and pricing algorithms without oversight.
Warning: Without regulation, Quotex is not required to ensure the demo account is an accurate simulation — and your strategy might not work the same way when real money is on the line.
If you’re looking for a safer way to test your trading strategy, we recommend using Olymptrade instead. Olymptrade offers a free demo account, just like Quotex, but with a regulated platform, verified execution, and clear payout rules. This makes the transition from demo to real trading much smoother — and far less risky.
Open a free Olymptrade demo account and test your strategy in a platform built for real-world conditions.
Tips for Using the Quotex Demo Account
If you stil want to create a Quotex demo account despite our warning, below are some tips on how to get the maximum out of it:
- Always remember that you can’t win real money on a demo, so it cannot spark emotions even if you trade aggressively (e.g., you don’t feel the fear of losing money even when you place huge trades).
- When you test strategies on demo account, align your demo trading to your actual risk tolerance and investment capacity, as if you’re trading with your real money with real stakes and emotional pressure.
- Use the demo account to familiarize yourself with the platform, get a sense of how binary options trading works and check out all the trading tools.
- Only use the demo account for 1-2 weeks (based on how much strategy you would like to test). Do not use a demo for too long because you might get too comfortable since it's risk-free, and you might end up making reckless trades on a live account.
Conclusion
The Quotex demo account is a useful way to learn the platform and test basic trading strategies, but it can create a false sense of safety — and won’t prepare you for the real risks of trading with an unregulated broker.
Since Quotex is not regulated by any financial authority, your funds and trading results are not protected. Users have reported differences between demo and real-money performance, and there’s no guarantee that your strategy will work the same way when real money is involved.
If you’re serious about learning to trade, choose a demo account from a regulated broker like Olymptrade instead. Olymptrade gives you the same $10,000 in virtual capital, access to and an easy-to-use platform — but with the added benefit of verified execution and real financial protections when you switch to a real account.
Frequently Asked Questions
Yes, Quotex demo account is free to use. You only need to sign up with your email address, Facebook, or Google account. It doesn’t require a minimum deposit and it provides you with $10,000 in virtual funds that can be reset anytime for unlimited practice.
No, you cannot withdraw money from the demo account because the funds are virtual and intended solely for practice and testing strategies.
Yes, the Quotex demo account is available on the mobile app, offering the same features as the desktop version. Download the Quotex App here.
Risk Warning & Legal Disclaimer:
The content on this website is for informational purposes only and does not constitute financial, legal, or investment advice. We do not provide personal recommendations and are not responsible for any losses resulting from your trading activity. Online trading involves significant risk — especially fixed time trades and CFDs, which are complex instruments and carry a high risk of losing money rapidly due to leverage. Always ensure you understand how these products work and whether you can afford to take the high risk of losing your money. Users are solely responsible for complying with their local laws and regulations.
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This website is free to use. We may earn a commission if you open an account with some brokers via links on our site — at no extra cost to you. These commissions help us provide free reviews, comparisons, and educational content.
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