Company Profile
Company Profile
Review summary
| 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 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.
Pros and Cons
| 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 |
Is Quotex Legit?
Quotex is not regulated, making it less safe than a regulated one.
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 Platform | Supported | Available Devices | Suitable for |
| Quotex | ✔ | Computer, Mobile | All traders |
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.
FX1443191110
Colombia
I made a $200 deposit through Bre-B and now I can't withdraw it. I've tried several times, and they always say: "The payment was reversed by the financial provider. Funds are being returned to your trading balance. You specified an incorrect account number or entered it incorrectly. Please create a new withdrawal request and enter valid information. You can check with your bank for the account number. Please note that the form must be completed using only digits (no other symbols, commas, etc.)." It seems like they don't want to return the money.
Exposure
Yurismar Santiago
Colombia
Good afternoon, my problem is that I have tried to withdraw my balance six times from the platform and it returns the withdrawal saying that some data does not match, even though I have made sure to enter it correctly. They don't offer any solution other than to verify my data because they don't know which of my data is incorrect, and therefore they don't give me any solution.
Exposure
FX3652615325
Argentina
As the days went by, I increased it to $3,370 and decided to withdraw. When I tried to log in again, they blocked me out of nowhere. I made the respective claim and they only allowed me to withdraw $680 for alleged abuse of the bonus they give you... even though at the time of withdrawal, the bonus is automatically canceled.
Exposure
FX3667372976
Chile
Excellent, the platform meets all conditions, they have never failed me in transactions, operations, etc.
Positive
FX1154864418
Argentina
Quotex is a transparent, fast, reliable, and very intuitive company. I never had any problems with deposits or withdrawals, and both were always very fast. The indicators are easy to manage, administer, and configure. I was able to grow my account from $10 to $12, slowly and with faith in God, in myself, and in the Broker, my family will be happy.
Positive
FX2865589942
Indonesia
I have made profit from quotex. So don't hesitate to trade on quotex
Neutral
FX3137244356
Indonesia
Broker is highly recommended, easy to understand, with just $10 you can enjoy real trading, fast deposits, instant withdrawals. Suitable for beginners
Positive
FX3773438820
Iraq
I am an official affiliate partner of Quotex, not a trader. Quotex is unlawfully withholding my earned affiliate commissions totaling $24,340. These are legitimate marketing revenues shown in my affiliate dashboard, not trading losses. Despite multiple withdrawal requests, Quotex has deliberately blocked my funds without any valid reason. This is a clear case of financial fraud and breach of contract. I have now filed an official international fraud report with the FBI Internet Crime Complaint Center. FBI IC3 Case ID: 48aa0cec28b148b788d18d89c52eb8a8 This is no longer a private dispute. This is a registered international financial crime case. I strongly warn all affiliates and traders to stay away from this company.
Exposure
FX1724767121
Colombia
I haven't had any problems with withdrawals and deposits from Quotex so far. I think it's an easy-to-understand and minimalist app.
Positive
FX2279215115
Peru
I have experienced account manipulation. I am just starting out in trading and opened a $30 USDT trade, which was successful, and I had $150 USDT in my account. The next day, I logged into my account and saw that I only had $70 USDT left. a blatant theft. I contacted support, gave them my ID, and they pretended not to know anything. Personally, I do not recommend this broker; they are scammers.
Exposure
FX4226794202
Iran
My first deposit was in 30/03/2025. More than 8 months have passed since I first used Quotex . The platform itself is clean and fast. I mainly trade OTC pairs. They also give you a $10,000 demo account with unlimited refills, which help you test strategies before depositing real money. Deposits and withdrawals are the biggest plus for me. I use USDT. What stands out: *Withdrawals are fast. *The trading platform is smooth and modern. *$10 minimum deposit is beginner-friendly, and the $10,000 demo is unlimited – great for practicing new strategies. *$1 minimum trade size is a game-changer when you’re managing risk or testing new signals. *Bonuses are optional.
Positive
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
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
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
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
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 **$43,000** 2. Public apology for fraudulent practices 3. SVG FSA to revoke their license ### 💀 Warning to Traders: > "Quotex ALLOWS losses but BLOCKS profitable accounts. They stole 43k dollars from me. NEVER TRUST THIS SCAM BROKER
Exposure
FX3094394882
Egypt
QuoteX is excellent in terms of use. I have been using it for a while. I deposited and withdrew money and did not encounter any problems at all. The withdrawal did not take a few moments. Also, the technical support responded quickly when I encountered any problem. I will tell you about my experience with complete honesty and neutrality. I am not biased in anything. I will convey my experience with complete honesty.
Positive
Mariajose
Venezuela
Good trading platform for binary options, I have seen positive results, easy deposit and withdrawal! Recommended!
Positive
FX1246372342
Lebanon
The most beautiful binary options trading platform ever. It has helped me a lot in increasing my funds. Thank you, QYOTEX.
Positive
Hung Ton
Vietnam
My funds have been debited from my wallet account, but not credited to my Quotex trading balance account Deposit #51630131 / 2024-03-27 07:13:36 / 100.00$ 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