Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

QUOTEX

Saint Vincent and the Grenadines | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.quotex-international.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

India 2.62
Surpassed 14.70% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

support@quotex.io
https://www.quotex-international.com/
First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St. Vincent and Grenadines.
https://www.facebook.com/quotexio/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-06-08
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
Maxbit LLC.
Customer Service Email Address
support@quotex.io
Company address
First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St. Vincent and Grenadines.

FX2942013813

Unverified

Egypt

This platform is fake, there are no licenses. They closed my account that has money in it and their support doesn't solve the problem

Exposure

05-29

William Sanchez

Unverified

Colombia

I have tried to withdraw by bank account and nothing, and they make you wait 3 days or more to try again. You cannot withdraw if you already have a request. I had more, but seeing that I couldn't withdraw, I made the mistake of continuing to operate, thinking of at least increasing the capital, and it was worse. Their only response is that I have to wait.

Exposure

03-23

FX4059286381

Unverified

Peru

As a beginner, I have a daily goal of trades and profits. This morning, I traded in my real account, leaving my account with a balance of $266. I left the platform and went to work. When I arrived at 3:45 pm, I was surprised to find that my real account had zero dollars. They had made a trade during peak hours at 3:00 pm with the amount of $266.

Exposure

02-16

FX2144424528

Unverified

India

Quotex application is a highly regarded online trading platform that offers a user-friendly and intuitive experience for both beginners and experienced traders. With its sleek interface and comprehensive tools, Quotex provides a seamless environment for engaging in binary options and digital asset trading. One of the standout features of Quotex is its robust demo account, which allows new users to practice trading without risking real money. This is especially beneficial for those just starting out or looking to refine their strategies. The platform also offers a wide range of assets, including forex, commodities, cryptocurrencies, and indices, providing diverse opportunities for traders.

Positive

05-20

FX1246427542

Unverified

India

Hello, good morning , I have been operating at quotex for more than a year and a half and yesterday, April 18 2025 , without any reason, my account was suspended. I received a notification that my account was suspended for violating the company's rules and policies, something that is not correct, at no time do you carry out such a violation of the rules, I am waiting for a logical response and to make the corresponding claims. I do not know if this could have happened to someone else and if they have already resolved the case since I have funds in my account, please help me, thank you.

Exposure

01-19

FX1730546042

Unverified

Indonesia

My account was unilaterally closed and there was no offer to return the balance

Exposure

2024-12-25

riadhosen

Unverified

Bangladesh

Quotex is an outstanding trading platform for binary options, designed to help traders make smart decisions and stay ahead of market trends. It’s user-friendly, lightning-fast, and reliable, striking the perfect balance between functionality and ease of use. I’ve been using Quotex for over a year without any issues, and it has proven to be trustworthy with quick deposits and withdrawals. Trading on Quotex has allowed me to earn consistently every month. Highly impressed—thank you, team Quotex!

Positive

2024-12-24

FX1730546042

Unverified

Indonesia

Hello, I am Karim from Indonesia. I am a victim of unilateral account closure by quotex with reasons that I find trivial and illogical. My account was closed unilaterally because I often used bonuses when depositing funds into my account, but I have never engaged in any fraudulent or harmful actions towards the platform. I have been with quotex for about 2 years and have lost nearly 150 million. However, this still happened to me. There is still a significant amount of funds in that account, amounting to 41.5 million. I hope my account can be restored and I can use it again. Here is the email account that I registered (lallanaid2@gmail.com). I appreciate your assistance. Thank you. 🙏

Exposure

2024-12-24

FX2352028032

Unverified

Venezuela

Today I was going to start my session and this came up, My quotex account with $900 was deleted and I can't recover my account or my money.

Exposure

2024-11-27

FX3489295926

Unverified

Colombia

Together with my husband, we created two accounts on quotex and made two deposits of $69 and another of $60. We did not accept any promotion codes or anything similar. We have been trying to make withdrawals for a week now, but it has not been possible. They say that the withdrawal is being processed by the financial operator and then they return the funds, claiming that the financial operator made a refund, which is false. We have written emails without any response, and email is the only means of communication with customer service. This broker is a scam.v

Exposure

2024-10-20

FX3792804982

Unverified

Bangladesh

I've been using Quotex for quite some time, and it's consistently proven to be a dependable trading platform. It offers a wide range of features that accommodate both beginners and seasoned traders. One of its biggest strengths is the 24/7 customer support, which has always been quick and helpful whenever I needed assistance. What really stands out for me is the fast processing of deposits and withdrawals. This level of efficiency adds a lot of convenience to the trading experience. With a low minimum deposit and withdrawal of just $10, it’s accessible for those who prefer starting with smaller investments. Overall, Quotex is a user-friendly and efficient platform. My experience has been smooth, and I would definitely recommend it to anyone seeking a reliable trading broker.

Positive

2024-10-17

abad426

Unverified

Bolivia

I made a transfer of 52 USDT from Bybit to QUOTEX but the deposit never reached the broker, the deposit addresses have been changed by some scam network.

Exposure

2024-08-03

FX1527986916

Unverified

Algeria

A good and reliable platform

Positive

2024-07-30

FX5760933162

Unverified

Egypt

I don't know why I got banned, seriously.

Exposure

2024-07-20

tomas7453

Unverified

Argentina

On July 10, I created my account with a promotional code that granted 70% by charging 599 USD for binancepay. The same day it was operated and the day ended with 2,700 USD, requesting a withdrawal of 2,334 USD, accepting the bonus reduction. The next day the account was closed for no real reason, I tried to contact support repeatedly and never had any answers. I demand the recovery of both the account and its funds since no rules were broken.

Exposure

2024-07-18

mennai akram

Unverified

Algeria

Quotex is the best solution. Shortcomings There are no quotex problems I have been trading with Quotex for some time now and it has been a good experience. I mainly trade EUR/USD and EUR/GBP, and Quotex charts are very reliable. They are compatible with other platforms like MetaTrader 4, so I know I can trust the data. I like Quotex for its straightforwardness. There are no weird errors or surprise fees. Everything is transparent, which is a relief. I have tried other brokers that seemed natural to me, but Quotex was solid. The demo account is very useful. I can test new strategies without risking real money, which helps me learn and improve my trading. The customer support is also very good. I had a few questions when I started and they responded quickly. Overall, Quotex seems to be a legitimate platform. It is stable, secure, and doesn't do anything shady. If you are interested in trading or considering starting one, I highly recommend taking a look at it.

Positive

2024-06-07

WAHID4039

Unverified

Algeria

Honestly, I find that this trading website is new and it has a great potential, it has helped me a lot in learning trading.

Positive

2024-06-06

Teo_30

Unverified

Colombia

Previously I was confused and I had no problems. I deposited 10 dollars, my bank approved it. But the broker gave it as a failed deposit I think my money was stolen. I do not recommend using quotex or poke nor operating in OTC on weekends.

Exposure

2024-05-30

sokary

Unverified

Egypt

The deposit was made on the Kiox platform yesterday via my Orange Cash wallet, but the deposit did not arrive in my account on the platform. I contacted the wallet’s customer service and the balance has already been transferred, and I have a screenshot of the transfer and the transaction number!!! I want a quick solution..

Exposure

2024-05-24

Abu Mucha

Unverified

Bangladesh

Quotex truly stands out as the best platform in my book. I highly recommend it to any trader seeking honesty and trustworthiness. The quotes are accurate, and the customer care assistance is both prompt and reliable. Quotex's binary trading feature is revolutionary, thanks to its user-friendly interface and invaluable educational resources. Whether you're a beginner or an experienced trader, Quotex empowers you to succeed. Prepare to be amazed by the seamless and thrilling journey of trading with Quotex. Their fast deposit and withdrawal services, along with genuine customer support, make this platform truly exceptional. Thanks, Quotex!

Positive

2024-05-10

M_5ERO

Unverified

United Arab Emirates

It is the best platform. Based on my personal experience, quotex is the best trading platform ever. It has amazing features and extremely easy trading methods. The customer service is very quick in communicating with the person. The charting capabilities of the platform and real-time data are simply fantastic. The good thing is the withdrawal system, it is fast and very easy to use, and I love using QUOTEX.

Positive

2024-05-02

晨曦11704

Unverified

Hong Kong

I was induced to deposit 100usdt through Binance, but it has not been credited to my account. The balance is 0. How can I contact this official website?

Exposure

2024-05-01

FX3416657689

Unverified

Algeria

My new account has been banned and I have permanently deleted my old account. Please solve my problem.

Exposure

2024-05-01

65
Marketing Strategy
Biz Area
Website
Company Summary
Disclosure
News
Comment

Users who viewed QUOTEX also viewed..

AvaTrade

9.49
Score
15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
AvaTrade
AvaTrade
Score
9.49
  • 15-20 years |
  • Regulated in Australia |
  • Market Maker (MM) |
  • MT4 Full License
Official website

GO Markets

8.98
Score
Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
GO Markets
GO Markets
Score
8.98
  • Above 20 years |
  • Regulated in Australia |
  • Market Maker (MM) |
  • MT4 Full License
Official website

Vantage

8.66
Score
10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Vantage
Vantage
Score
8.66
  • 10-15 years |
  • Regulated in Australia |
  • Market Maker (MM) |
  • MT4 Full License
Official website

TMGM

8.55
Score
10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
TMGM
TMGM
Score
8.55
  • 10-15 years |
  • Regulated in Australia |
  • Market Maker (MM) |
  • MT4 Full License
Official website
Sources
Language
Mkt. Analysis
Creatives

Website

quotex-international.com
104.21.85.81
qtx-broker.info
104.18.40.8
quotex.com
34.107.159.43

Company Summary

QUOTEX Review Summary
Registered On2021-05-19
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex, Raw materials & metals, Stocks, and ETFs
Demo Account
Leverage/
Spread/
Trading PlatformSoftware complex (browser, or Android)
Min Deposit$10
Customer SupportFacebook, Telegram, Instagram

QUOTEX Information

QUOTEX is a trading platform focusing on smart investments. The platform provides 24/7 user service and offers options trading. Its trading platform is a fully functional software system, supporting both browser versions and an Android app for trading.

QUOTEX

Pros and Cons

Pros Cons
Demo account availableUnregulated
Multiple trading instrumentsUnclear fee information
24/7 customer serviceHigh cryptocurrency withdrawal threshold (USD 50 and above)

Is QUOTEX Legit?

QUOTEX is not regulated. It is recommended to choose platforms regulated by authoritative financial regulatory authorities to avoid falling into illegal investment traps.

regulated
regulated

What Can I Trade on QUOTEX?

On the QUOTEX platform, traders can choose multiple underlying assets for options trading, mainly including stocks, currency pairs, ETFs, and raw materials & metals.

Tradable Instruments Supported
Forex
Raw materials & metals
Stocks
ETFs
Precious Metals
Shares
Bonds
Mutual Funds
assets

Trading Platform

QUOTEX provides a software system that allows investors to access the platform via a browser or download the Android app.

software

Deposit and Withdrawal

The minimum deposit amount is only $10, while the minimum withdrawal amount for most payment systems is $10. The minimum withdrawal amount for cryptocurrencies is $50 (and may be higher for certain currencies). The withdrawal process starts from the date when the user places a request and usually takes 1 to 5 days to complete. The actual arrival time of funds depends on the volume of withdrawals being processed at the same time.

minimum deposit
minimum deposit

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

User Reviews 65

All (65) Positive (19) Neutral (2) Exposure (44)
Scroll down to view more
Write a review
Exposure
Neutral
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
65
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com