QUOTEX-Some important Details about This Broker

QUOTEX Information

QUOTEX is a Saint Vincent and the Grenadines-registered online binary options trading platform, it was established in 2019. With a small $10 minimum investment, it provides commodities, cryptocurrencies, and FX. But there are no rules governing the platform's operations.

Pros and Cons

Is QUOTEX Legit?

QUOTEX is not a reputable broker. It is registered in St. Vincent and the Grenadines. QUOTEX does not have a legitimate license from the local regulator, nor is it licensed by any major international financial regulators such as the FCA (UK), ASIC (Australia), or the NFA (USA).

The domain quotex.com was registered on June 4, 2003, and will expire on June 4, 2026. It is presently locked, preventing any unlawful deletion, renewal, transfer, or updates. This domain employs Cloudflare name servers, which indicates basic security precautions, but it does not suggest regulatory trustworthiness.

What Can I Trade on QUOTEX?

QUOTEX provides forex, cryptocurrencies, commodities, and stocks. The trading options are primarily for digital options or speculative binary transactions.

Account Type

QUOTEX has two primary account types: Demo and Real. The Demo account includes $10,000 in virtual cash and is ideal for novices who wish to practice trading without risk. The genuine account has a $10 minimum deposit and provides access to genuine market conditions, tournaments, and more features, making it perfect for more experienced or serious traders.

Trading Platform

Deposit and Withdrawal

QUOTEX charges no fees for deposits or withdrawals. However, third-party payment providers may levy their own processing costs or currency conversion fees, which are beyond QUOTEX's control.

Deposit Options

Withdrawal Options