In a world where making money online is becoming increasingly popular, I decided to take the plunge and test one of the newest trading platforms gaining traction in Bangladesh, Quotex.com.bd. With no prior experience in online trading and a simple goal in mind to earn my first BDT 500 online, I was both nervous and excited. This is my honest experience using Quotex, and what I learned along the way.
What is Quotex?
Qxbroker is an online trading platform that allows users to trade in digital options. Unlike traditional stock markets, Quotex enables fast-paced trading decisions where users predict whether the price of a selected asset (like currency pairs, stocks, or crypto) will go up or down within a specified timeframe.
If your prediction is correct, you make a profit. If not, you lose your stake. It’s simple in theory but demands strategy and discipline. The platform is growing rapidly in popularity in Bangladesh due to its user-friendly interface, low deposit requirements, and localized support via Quotex.com.bd.
Getting Started
Signing up on Quotex took less than five minutes. I visited Quotex.com.bd, clicked on “Sign Up”, and filled in my email, created a password, and selected the BDT currency option. Immediately, I was granted access to a demo account with USD 10,000 in virtual funds to practice.
Before risking real money, I spent two days using the demo mode to get familiar with the interface, understand how trades work, and test a few strategies I found online.
Making My First Deposit
After I felt somewhat confident, I deposited BDT 1,000 via bKash, one of the easiest local methods supported on Quotex. The deposit was instant, and I was ready to trade with real money. My goal was simple, to double BDT 250 into BDT 500 by making informed and careful trades.
My Trading Strategy
Since I was just starting, I avoided risky high-return trades. I focused on currency pairs, especially EUR/USD, because they are relatively stable and widely discussed online.
I adopted a basic trading strategy based on candlestick patterns and 1-minute charts. I placed trades in small amounts, BDT 50 per trade so that I could have multiple attempts without blowing my balance. Each trade had a return potential of about 80% if successful. That means for every correct prediction, I’d earn BDT 40 profit.
Ups and Downs
My first few trades were a rollercoaster. I won some, lost some. The emotional pressure of seeing red (losses) on the screen taught me an important lesson, don’t let emotions dictate your trading. After losing BDT 200 on five failed trades, I took a break, went back to the demo, and adjusted my approach. The next day, I came back with a clearer strategy and better timing. I focused on market trends and placed trades only when I had at least two indicators aligning.
That change worked.
Within the next hour, I managed to win six out of seven trades and earned a total of BDT 510, finally hitting my initial goal!
What I Learned
- Practice First: The demo account on Quotex is incredibly valuable. It lets you make mistakes without financial consequences.
- Start Small: Begin with low stakes to reduce risk and gain confidence.
- Avoid Overtrading: Quality over quantity. Pick good setups and avoid impulsive trading.
- Emotions Matter: Stay calm. Don’t chase losses.
- Set Realistic Goals: Aiming to make BDT 500 instead of becoming rich overnight helped keep me grounded.
Why Quotex.com.bd?
For beginners in Bangladesh, Quotex.com.bd stands out because of its:
- Local support for BDT and bKash
- Instant deposits and withdrawals
- User-friendly interface
- Helpful analytics and trading tools
Fast response from customer service
Whether you’re a student looking for extra income, or simply someone curious about online trading, Quotex offers a low-barrier entry to try digital options in a relatively safe environment.
My journey to make BDT 500 online with Quotex was filled with small wins, losses, and a ton of learning. While it’s not a guaranteed income source, with discipline and research, platforms Quotex can be a legitimate way to generate extra money online.
Just remember, this is not gambling. It’s trading. And like any financial activity, it requires education, practice, and emotional control. So if you’re curious and willing to learn, give Quotex.com.bd a try. You might just surprise yourself, like I did.
