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Quotex -

Score

1.48 /10
Danger

Quotex

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Regional Brokers

High potential risk

https://quotex.io/en

Influence

A

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Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.78

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

More

Danger

PT CMVM
2023-01-03
cmvm warns investors about the QUOTEX / Maxbit LLC and the QUOTEX /awesomo ltd
Quotex
QUOTEX
QUOTEX

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Danger

MY SCM
2021-01-01
INVESTOR ALERT LIST
Quotex

Broker Information

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Company Name

Maxbit LLC

Company Abbreviation

Quotex

Platform registered country and region

Saint Vincent and the Grenadines

Company website

X

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-02-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

The Kytex platform was defrauded of my capital by executing deals without my knowledge

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

khaled2052
2023-02-23 20:07
Others

they closed my account with 150 usd in it

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.

Lewis Manhattan
2023-06-13 01:27
Scam

Quotex isn’t regulated. Fraud broker. Unable to withdraw!

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!

FX4215964358
2021-03-12 16:07
Scam

Deposit not come to account

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$.

Hung Ton
2024-04-20 20:45
Data Source WikiFX Data provide
Updated: 2025-02-23
Quotex · Company summary
QuotexReview Summary
Founded2020-01-06
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsCurrency Quotes, Stocks, Cryptocurrencies, Metals, Majors, Oil or Gas
Demo Account✅
Leverage/
Spread/
Trading PlatformQuotex(Computer, Mobile)
Min Deposit$10
Customer Support(24/7)Telegram, Facebook, Instagram

Quotex Information

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.

Quotex Information

Pros and Cons

Pros Cons
Demo account availableUnregulated
24/7 customer supportRestrictions on US traders
30% bonus on first depositNo live account and fee information
Some negative reviews

Is Quotex Legit?

Quotex is not regulated, making it less safe than a regulated one.

Is Quotex Legit?
Is Quotex Legit?

What Can I Trade on Quotex?

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✔

Trading Platform

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 PlatformSupported Available Devices Suitable for
Quotex✔Computer, MobileAll traders
Trading Platform

Deposit and Withdrawal

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.

News

NewsWIKIFX REPORT: Quotex:brokerage locks withdrawals, locks accounts and disappears with customer money

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.

WikiFX
2022-07-01 14:07
WIKIFX REPORT: Quotex:brokerage locks withdrawals, locks accounts and disappears with customer money

NewsIs Quotex a part of a scam or is it legit? Let’s check out our Quotex reviewed.

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.

WikiFX
2021-12-08 12:04
Is Quotex a part of a scam or is it legit? Let’s check out our Quotex reviewed.
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User comment

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Comments

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Mariajose
0-3months
Buena pagina de trading para opciones binarias, he visto resultados positivos, facil deposito y extraccion! Recomendado!
Buena pagina de trading para opciones binarias, he visto resultados positivos, facil deposito y extraccion! Recomendado!
Translate to English
2024-12-08 16:54
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FX1246372342
3-6months
اجمل منصة تداول خيارات ثنائية على الاطلاق لقد ساعدتني كثيراً في زيادة أموالي شكرآ كيوتكس
اجمل منصة تداول خيارات ثنائية على الاطلاق لقد ساعدتني كثيراً في زيادة أموالي شكرآ كيوتكس
Translate to English
2024-10-15 21:01
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