Item: QUOTEX
Rating: 1.46

Global Broker Regulation Inquiry App

WikiFX

Broker Search

English

简体中文繁體中文 English Pусский 日本語 ภาษาไทย Tiếng Việt Bahasa Indonesia Español हिन्दी Filippiiniläinen Français Deutsch Português Türkçe 한국어 العربية

Download

Home

Broker

Market

Rankings

Regulators

VPS

Live

News

Tools

Video

Wiki Q&A

Home -

Broker -

QUOTEX -

Counterfeit Dealer

QUOTEX

Saint Vincent and the Grenadines

Entry Time 2021-10-13

2021-10-13Input

https://qxbroker.com/en/

Exposure

Time Machine

2023 years 11 Month

2023-11

Time2023 years 11 Month

Expose

Check whenever you want

Download App for complete information

Download on the

WikiFX (Global)

Download on the

WikiFX (China)

Download on the

Google Play

Download Apk

WikiFX Pro（80M）

Download Apk

WikiFX Mini（20M）

Exposure

4 pieces of exposure in total

Pyramid scheme complaint

Expose

Unable to Withdraw

Withdrawal pending

My withdrawal has been pending for more than the regulated five days and still not processed Support are not replying my complaints either....

Braxgolden12

2024-01-27 07:40

Scam

I submitted a withdrawal request and then my account was blocked.

I submitted a withdrawal request, and after that my account was banned. And no email came stating that the amount had been returned, and I haven't received $500. This is a clear scam through the company. I hope that a private party enters to resolve this matter as quickly as possible. The platform is not good, and there is no direct support to talk to them about all of this.

Mo937

2023-10-24 13:53

Scam

Update on the case of QUOTEX's theft of 23,160 USD.

For the past 2 days, I've been contacting QUOTEX as they closed my account without reason or notice after I requested a withdrawal of 23,160 USD. I don't know what to do. It's a huge amount of money that I don't want stolen, but I only receive the same response. I would appreciate advice on what to do, as obviously I didn't do what they're accusing me of, or I would accept the consequences maturely. This only has one name and it's THEFT.

JuanLP

2025-05-13 03:44

Scam

I had $23,160 in withdrawal process, and it was suspended.

I've never had problems with this broker before. I even made withdrawals of $60,000 without any issues. The last time I traded, I withdrew $23,160 with a deposit of $12,000. A day later, when I went to check the status of my withdrawal, my account was suspended. I'm afraid they might try to keep my money or the profits, which are rightfully mine. I kindly ask for help to resolve this issue and receive my money ($23,160), regardless of whether I can continue using the platform. Thank you.

JuanLP

2025-05-11 05:43

QUOTEX · Company Summary

QUOTEX Review Summary
Founded	2019
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	No regulation
Market Instruments	Forex, Commodities, Cryptos, Stocks
Demo Account	✅($10,000 virtual funds)
Leverage	/
Spread	/
Trading Platform	Web-based platform, Mobile App (iOS & Android)
Minimum Deposit	$10
Customer Support	Email: support@quotex.io
Customer Support	Address: Main Street, P.O. Box 625, Charlestown, St. Kitts and Nevis

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

Pros	Cons
Low minimum deposit ($10)	No regulation
Free demo account with $10,000 balance	Unclear fee structure
Supports multiple payment methods	No support for MT4/MT5 or advanced tools
No deposit/withdrawal fees

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.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Cryptos	✔
Stocks	✔
Indices	❌
Bonds	❌
Options	❌
ETFs	❌

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.

Account Type	Minimum Deposit	Features	Suitable for
Real Account	$10	Live trading, tournaments, full features	Active and serious traders
Demo Account	-	$10,000 virtual funds, risk-free learning	Beginners, practice traders

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web Trading Platform	✔	PC, Mac, web	/
Mobile App	✔	Android (Google Play), iOS (App Store)	/
MetaTrader 4 (MT4)	❌	–	Beginners
MetaTrader 5 (MT5)	❌	–	Experienced traders

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

Deposit Options	Minimum Deposit	Deposit Fees	Deposit Time
Bank Cards	$10	$0	Instant to a few hours
Electronic Payment Systems
Local Banking Options

Withdrawal Options

Withdrawal Options	Minimum Withdrawal	Withdrawal Fees	Withdrawal Time
Bank Cards	$10	$0	1-5 business days
E-wallets	$10		Usually faster than bank transfers
Cryptocurrency	$50		Varies by network confirmation

News

No data

Its products

Broker selection

Forex Brokers Comparison

By Features

By Regulations

Its products

Broker selection

Forex Brokers Comparison

By Features

By Regulations

Its products

Broker selection

Forex Brokers Comparison

By Features

By Regulations

Broker selection

Forex Brokers Comparison

QUOTEX

Time Machine

Check whenever you want

Download App for complete information

Exposure

Withdrawal pending

I submitted a withdrawal request and then my account was blocked.

Update on the case of QUOTEX's theft of 23,160 USD.

I had $23,160 in withdrawal process, and it was suspended.

QUOTEX · Company Summary

QUOTEX Information

Pros and Cons

Is QUOTEX Legit?

What Can I Trade on QUOTEX?

Account Type

Trading Platform

Deposit and Withdrawal

Deposit Options

Withdrawal Options

News