QUOTEX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-28 12:18

Abstract：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, cryptocurrency, and FX. But there are no rules governing the platform's operations.

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