Score
Saint Vincent and the Grenadines
|
5-10 years
| https://quotex.io/en/
Website
Rating Index
Influence
C
Influence index NO.1
Finland 2.84
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines
WikiResearch
quotex.io United States| QuotexReview Summary | |
| Founded | 2020-01-06 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Currency Quotes, Stocks, Cryptocurrencies, Metals, Majors, Oil or Gas |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | Quotex(Computer, Mobile) |
| Min Deposit | $10 |
| Customer Support(24/7) | Telegram, Facebook, Instagram |
Quotex is a trading platform that provides various instruments, including Currency Quotes, Stocks, Cryptocurrencies, Metals, Majors, Oil & Gas. Quotex also offers a demo account and 24-hour customer support. The minimum deposit is $10. Traders also get a 30% bonus on their first deposit However, Quotex is still risky due to its unregulated status, unspecific necessary information, and some bad reviews about difficulty withdrawing money.
| Pros | Cons |
| Demo account available | Unregulated |
| 24/7 customer support | Restrictions on US traders |
| 30% bonus on first deposit | No live account and fee information |
| Some negative reviews |
Quotex is not regulated, making it less safe than a regulated one.
Quotex provides over 400 free tools and traders can choose various assets: currency quotes, stocks, majors, metals, oil or gas, as well as cryptocurrencies.
| Tradable Instruments | Supported |
| Currency Quotes | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Majors | ✔ |
| Oil or Gas | ✔ |
Quotex provides users with a proprietary trading platform instead of the well-known MT4/MT5 platform with various trading strategies and implement EA systems. Quotex platform is optimized to run on almost any modern computer or mobile device. Traders can use either the browser version or the Android app.
| Trading Platform | Supported | Available Devices | Suitable for |
| Quotex | ✔ | Computer, Mobile | All traders |
The first deposit amount must be $10 or above. Quotex accepts the Visa payment system for withdrawals. A withdrawal procedure may take from 1 to 5 days.
cmvm warns investors about the QUOTEX / Maxbit LLC and the QUOTEX /awesomo ltd
Country/Region
Disclosure time
2023-01-03
Disclose broker
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Country/Region
Disclosure time
2022-02-02
Disclose broker
INVESTOR ALERT LIST
Country/Region
Disclosure time
2021-01-01
Disclose broker
Quotex Review 2025: Unregulated binary options broker with numerous withdrawal complaints and warnings. Read this in-depth risk analysis before depositing.
Have you received calls from Quotex executives claiming to offer you returns of over 50% per month? Do you face both deposit and withdrawal issues at this company? Or have you faced a complete scam trading with this forex broker? You're not alone. Here is the exposure story.
Broker for binary options In order to block the accounts of users who are making money on the site, Quotex, an opponent of IQ Option, has been making generic claims that use regulations have been broken. More recently, it has been charged with running out of deposits: clients would pay money using PIX, and though the account would be debited, it would not appear in the wallet.
If you are fond of trading with Binary options, you need to know a few things first. It is the only way where you may get success at a rapid rate and you may even face huge loss also.
One of the main benefits I see with Quotex trading is the low minimum deposit of just $10, which allows me to start trading with a small amount of money. This is a pro for me because I can test out the platform and its features without committing a large sum upfront. Additionally, Quotex trade offers a demo account, which gives me the opportunity to practice risk-free. This is ideal for me as I can familiarize myself with the platform before using real funds. Another perk is the 24/7 customer support, which makes me feel supported whenever I need assistance. While these features are appealing, I can’t overlook the fact that Quotex is unregulated, which is a significant downside.
From my understanding, Quotex commissions are generally low or even nonexistent for certain assets like stocks and cryptocurrencies. However, the fees associated with other instruments like futures or options are not fully disclosed. Personally, I would prefer clear details about commissions for each instrument so I can accurately gauge the cost of my trades. Quotex trading can be cost-effective for basic stock trades, but the lack of transparency about commission fees makes it difficult for me to evaluate the true cost of trading on the platform.
Quotex withdrawal can take anywhere from 1 to 5 days, which is standard for many brokers, but I personally prefer quicker access to my funds. In my experience, I like brokers who offer faster withdrawal times, especially if I want to reinvest or use my profits elsewhere. From what I’ve seen in Quotex reviews, there have been occasional delays, and this can be frustrating if I need access to my funds urgently. For me, the withdrawal process time is a key consideration, and I would prefer it to be quicker and more transparent.
Quotex deposit fees are non-existent, which is great for me as I don’t want to lose money just for funding my account. However, withdrawal fees aren’t clearly outlined, which is concerning. I’ve read Quotex reviews where some users mention unexpected fees or delays when withdrawing funds. For me, access to my profits is crucial, and if Quotex doesn’t clearly state its withdrawal fees or processing times, I’d be wary of using the platform for larger, long-term investments. Transparency is key when it comes to deposit and withdrawal fees, and I would feel more comfortable if Quotex disclosed all of this information upfront.
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GopalKumar
India
On 19/09/2025, I deposited INR 4709.00 through the QR code provided by Quotex in order to add 50 USD to my trading account. The payment was successfully transferred and immediately debited from my savings bank account. However, Quotex has still not added this amount to my trading account. Despite sending several messages, I have not received any satisfactory reply to date. The support team often does not respond for many days. This issue is not only with me—most traders who make deposits face similar problems. Even during withdrawals, traders’ funds are frequently held back. When anyone raises a complaint, the support team simply does not reply. I have already attached the successful transaction receipt and bank statement details related to my deposit, but the financial department has still not credited the amount to my account. Therefore, I sincerely request you to resolve this issue at the earliest. Thanks, With regards, My Details are as under: ID: 14685618
Exposure
javier lopez
Argentina
At first, they deposited the money I earned, since it wasn't much. Leo, as the money in my account grew, they asked me to deposit more so I could continue fulfilling my tasks. It got to the point where there was a lot of money in that account, and they asked me to withdraw it and pay a tax. I've added screenshots below.
Exposure
FX3827052561
India
Quotex (Awesomo Ltd) **Account ID:** [51716478] **Country:** India ### 🚨 Fraud Timeline: 1. **Loss Phase:** - Deposited **$35,000+** over [Duration] - Suffered **$18,000 losses** - NO restrictions 2. **Profit Suspension:** - Deposited **$20,000** on [27-06-2025] transaction hash (0x5c4602e3a6d79bbe87ece13a1f0ab435eb5e38179ca2b769ab9b246c9e90d763) - Grew balance to **$43,000** via legitimate trades - Account SUSPENDED during withdrawal - **NO reason given** 3. **False Promises:** > *"Refund in 30 days if applicable"* - Delaying tactic! ### ⚠️ Proof Attached: - Deposit receipts - Suspension screenshot - Their "30-day refund" email ### 🔥 Demands: 1. IMMEDIATE release of **$43,000** 2. Public apology for fraudulent practices 3. SVG FSA to revoke their license ### 💀 Warning to Traders: > "Quotex ALLOWS losses but BLOCKS profitable accounts. They stole 43k dollars from me. NEVER TRUST THIS SCAM BROKER
Exposure
Mr870
Saudi Arabia
I have good experience trading with them. The minimum deposit is only $10, and demo accounts are also available. Deposits and withdrawals are not a problem at all. I'm not sure why so many reviewers here complain about it. Just start with a small balance to try it out.
Positive
ahmed2423
Algeria
My Honest Review of Quotex (As a Trader) I've traded on Quotex, and here's my simple take. The Good Stuff: Super Easy to Use: The platform is clean and simple. If you're new to trading, you'll understand it in minutes. Start Small: You can begin trading with just $1, which is great for learning without big risk. Great for Practice: The free demo account is perfect for testing strategies with virtual money. Very Risky: Binary options are like gambling—you can lose your entire investment on a single trade in seconds. My Final Thought: Quotex is an easy and fun platform for practice. But for real money, it's extremely risky because it's unregulated. Be very careful. Only use money you are 100% prepared to lose.
Neutral
Rajaammal
India
Quotex is the best platform. Nice chart with lot of currency pairs to trade. wide range of indicators and signals. Never faced any issues with my Crypto withdrawal and deposits.
Positive
FX2251606045
India
Quotex is best platform for trading. He changed my life. Withdrawl is very fast. And customer support is very good. His interface is very smooth. Quotex is the best platform.
Positive
Antonio Maeda
Guatemala
I GIVE MY COMMENT ABOUT THE BROKER QUOTEX, IT HAS BEEN VERY HELPFUL FOR ME DURING THE REGISTRATION PROCESS WHICH WAS VERY EASY AND FAST WHEN VERIFYING THE ACCOUNT. AND WITH DEPOSITS. IT HAS MANY DEPOSIT OPTIONS SINCE IT HAS THE METHOD TO DO IT WITH CRYPTOCURRENCIES, AND ALSO THE OPTION TO DO IT WITH MASTERCARD, AND VISA. AND WITH WITHDRAWALS OF THE PROFITS THAT ARE MADE, THEY ARE TRULY FAST AND ESPECIALLY WHEN THINGS ARE DONE RIGHT. THEY ARRIVE FAST AND SECURE, AND THE BEST OF ALL IS THAT NO MATTER THE AMOUNT, THEY ARRIVE FAST, SECURE, AND WITHOUT ANY WITHDRAWAL COMMISSION. SINCE THERE ARE OTHERS THAT CHARGE UP TO 5% COMMISSION. THE GOOD THING IS THAT THE BROKER ALSO HAS NO DELAY WHEN MAKING A NEW OPERATION. AND THE TRUTH IS THAT I LIKE THAT IT CAN BE CONFIGURED TO ONE'S OWN STYLE. SINCE IT HAS MANY ASSETS AVAILABLE TO TRADE, NOT ONLY CURRENCIES BUT ALSO CRYPTO AND DIFFERENT RECOGNIZED STOCKS LIKE BIG COMPANIES AND COMMODITIES.
Positive
Mariajose
Venezuela
Good trading platform for binary options, I have seen positive results, easy deposit and withdrawal! Recommended!
Positive
FX1246372342
Lebanon
The most beautiful binary options trading platform ever. It has helped me a lot in increasing my funds. Thank you, QYOTEX.
Positive
Hung Ton
Vietnam
My funds have been debited from my wallet account, but not credited to my Quotex trading balance account Deposit #51630131 / 2024-03-27 07:13:36 / 100.00$ Successfully transferred at 14:14 on 27/3/2024 On 27 March I deposited 100$ to my account on Quotex website. The recipient was Ho Van Minh from Quotex system. But until now my account amount is 0$. Where is my money in Quotex system? Quotex must be fully responsible for it. Quotex said they will contact me once there is an update from the financial provider, tell me do not interfere!? But until today 20 April they did not contact me. This is the third time Quotex cheated me. Last year I deposited 2 times 50$ each to my Quotex account but the same situation, my account was 0$.
Exposure
Carmen Rodriguez
Dominica
Quotex is an excellent platform to do binary operations because of the great currency section that it has, it is highly recommended.
Positive
Lewis Manhattan
Argentina
I have been trying to recover my funds for 1 month that I had deposited through Rapipago, there were 150 usd in it... as soon as I deposited, I wanted to enter my account and when I wanted to log in I got a sign that my account was suspended and they didn't give any reason. I was investigating and I saw that they said that they did not reopen suspended accounts, but they left a form for you to appeal and they saw if you had the possibility of getting your funds back. I filled out the form. I never got a response. I am very frustrated to lose 150 usd like that.
Exposure
khaled2052
Egypt
I want to submit all available reports to the quotex platform, because two five-second deals were executed through the platform with all the capital without my knowledge, and at the time of closing the platform, and when I opened the platform on my device, I saw that my account balance was zeroed from the platform, and I want to recover my capital of 136 dollars, and this indicates the fraud of the platform On my own capital, I will attach some files that indicate the fraud of the platform
Exposure
云淡风轻85533
Hong Kong
I have good experience trading with them. The minimum deposit is just 10 dollars and demo accounts are also available. Deposit and withdrawal are no problem at all. Not sure why so many reviewers here complain about it.
Positive
Thanh Huyền
Nigeria
Don’t even get close to unregulated brokers, as an experience trader, this is my advice. They are just thieves. Some of my friends were scammed for not listening to me. Can you believe it?
Neutral
FX1196563903
United States
I found Quotex on the website advertisement a few weeks ago, so I opened a demo account to trade, and the situation is good. But I am a little worried because their regulatory situation seems negative, and I have not dared to trade with real money...
Neutral
FX4215964358
Hong Kong
A girl added my WeChat and then I was invited to a group chat where teachers analyzed the market and gave recommendations. I followed their advice some times and profited a little. Later, the teacher said the stock market was in a bearish mood and asked us to invest in Quotex where we could profit stably. And he promised that we could earn over 50% per month if we followed his instructions strictly. So many people said yes in the group chat and opened accounts. So I transferred all my funds to this broker, 920,000 in total. But I lost money here. The teacher just gave adverse recommendations. I hope this exposure can help u guys!
Exposure