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QUOTEX -

Score

1.47 /10
Danger

QUOTEX

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.quotex-international.com

Influence

C

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Comparison

Quantity 45

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.71

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

More

Danger

PT CMVM
2023-01-03
cmvm warns investors about the QUOTEX / Maxbit LLC and the QUOTEX /awesomo ltd
QUOTEX
Quotex
QUOTEX

Danger

EE FSA
2022-10-18
Qotex/Maxbit LLC
QUOTEX

Danger

EE FSA
2022-10-18
Finantsinspektsioon Investor Alert - Qotex/Maxbit LLC 18/10/2022 Estonia
QUOTEX

Broker Information

More

Company Name

Maxbit LLC.

Company Abbreviation

QUOTEX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

X

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2025-07-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 40 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Exposure

45 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

I don't know why I got banned

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

2024-07-20 19:16
Scam

Today was going to start

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.

2024-11-27 09:47
Others

The deposit was made on the Ki

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..

2024-05-24 13:13
Unable to Withdraw

I cannot withdraw from quotex

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

2024-10-20 04:22
Scam

My account was closed unilaterally

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

2024-12-25 16:45
Scam

I was induced to deposit 100us

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?

2024-05-01 20:44
Scam

Manipulation of entries in real fictitious account

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.

2025-02-16 06:53
Unable to Withdraw

Account suspended and money stuck

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.

2025-01-19 10:23
Scam

My new account has been banned

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

2024-05-01 06:06
Scam

DEPOSIT THAT NEVER ARRIVED SCAM

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.

2024-08-03 13:14
Unable to Withdraw

I have been trying to withdraw for 2 weeks and nothing.

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.

2025-03-23 03:55
Severe Slippage

ALTERED CANDLES

TAKE PROFIT, IT DOES NOT GIVE ME PROFITS. I already realize that this broker is a fraud, he could not respect my profit, that day I made about 4 sales with a period of 4 hours (start at 8 p.m. and close at 1 a.m. next) and the profit was the same. but there was 1500 pips difference when he closed the trade. but in the image it is not expressed, but in graphics it can be appreciated. Fortunately it was in demo. This broker already generated distrust in me, I do not plan to invest real money in this broker. For the following reasons. 1. altered take profit. 2. Many people say that you cannot withdraw your winnings

2024-04-26 23:17
Scam

This platform is fake, it doesn't exist.

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

2025-05-29 21:12
Others

Previously I was confused and

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.

2024-05-30 09:11
Scam

ACCOUNT CLOSURE AND WITHDRAWAL CANCELLATION WITHOUT REASON

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.

2024-07-18 22:59
Others

Account closed unilaterally by quotex

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. 🙏

2024-12-24 14:38
    Data Source WikiFX Data provide
    Updated: 2025-07-03
    QUOTEX · 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

    News

    ExposureWikiFX Review: Why so many complaints against QUOTEX?

    Recently, a broker called QUOTEX has become a trending topic in forex markets. WikiFX made a comprehension review to help you better understand this broker. We will analyze the reliability of this broker from specific information, regulation, exposure, and etc. Let’s get into it.

    WikiFX
    2025-02-06 14:30
    WikiFX Review: Why so many complaints against QUOTEX?

    ExposureWikiFX Review: Why You Should Stay Away from QUOTEX?

    The so-called brokerage Quotex is nothing more than an outright scam, please stay away from it!!!

    WikiFX
    2022-12-19 10:26
    WikiFX Review: Why You Should Stay Away from QUOTEX?
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    User comment

    34

    Comments

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    FX2942013813
    0-3months
    هذه المنصه وهميه لا يوجد تراخيص لقد أغلقوا حسابي ويوجد به أموال والدعم لا يحل المشكله
    هذه المنصه وهميه لا يوجد تراخيص لقد أغلقوا حسابي ويوجد به أموال والدعم لا يحل المشكله
    Translate to English
    2025-05-29 21:12
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    FX2144424528
    0-3months
    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.
    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.
    Translate to English
    2025-05-20 23:13
    Reply
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