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Quotex -

Score

1.32 /10
Danger

Quotex

Saint Vincent and the Grenadines

5-10 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

https://quotex.io/en

Influence

C

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Comparison

Quantity 20

Exposure

Time Machine
Website

Score

Regulatory Index4.64

Business Index7.25

Risk Management Index0.30

Software Index4.58

License Index2.69

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
Time Machine
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

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Danger

MY SCM
2021-01-01
INVESTOR ALERT LIST
Quotex

Broker Information

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Company Name

Maxbit LLC

Company Abbreviation

Quotex

Platform registered country and region

Saint Vincent and the Grenadines

Company website

X

Facebook

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YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2026-11-12
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has recorded a total of 18 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

Exposure

20 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

I made a withdrawal and since

I made a withdrawal and since yesterday they haven't sent it to me

2026-09-24 20:07
Scam

Hello, I have transferred to

Hello, I have transferred to Quotex via my Prex wallet and they tell me they haven't received it... Prex confirms to me that it was completed correctamente.Quotex refuses to provide a solution. I send them proof and they don't give me solucion.Solicito help please.

2026-05-05 23:23
Scam

Account manipulation at that broker.

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.

2026-01-04 20:15
Scam

Quotex Fraud: 60s Manipulation & Account Block

This broker is engaged in deliberate client extortion. On Feb 15, 2026, I deposited 550 EGP via Vodafone Cash. The server logged transactionand marked it as "Failed" at 11:27:43. However, my official telecom statement proves the money was successfully deducted 60 seconds later at 11:28:43. This means Quotex preset the rejection while keeping the local Egyptian gateway open to pocket my funds. For 4 months, they ignored full statements under ticket keeping my balance at ZERO. Today, when a formal legal notice was sent, they completely blocked my trading account with a fraudulent message saying it was "blocked by a regulator" to hide transaction history and steal funds. Full evidence submitted to FSA Seychelles. Avoid Quotex!

2026-06-15 00:59
Account frozen

they blocked me and they don't want to

they blocked me and they don't want to give me an answer about my money

2026-11-12 06:38
Unable to Withdraw

I cannot withdraw money from the internet platform

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.

2025-09-07 23:21
Unable to Withdraw

My Quotex account was suspended after I requested a withdrawal.

My Quotex accountwas suspended after I requested a withdrawal. I completed the requested verification and submitted all available documents, but my account remains suspended and I have not received a meaningful resolution despite repeated attempts to contact support. I have also opened a case with Forex Peace Army (FPA) and submitted supporting evidence. I hope Quotex will review my case fairly and resolve this dispute.

2026-08-04 20:32
Scam

QUOTEX STOLE $43,000! Account Suspended After prft

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

2025-07-09 16:58
Scam

你好，我已经转到

你好，我已经通过我的Prex钱包转移到Quotex，他们告诉我他们没有收到。…从Prex开始，他们向我证实它是正确执行的。Quotex拒绝给出解决方案。我给他们寄了收据，他们不给我解决方案。请寻求帮助。

2026-05-05 23:23
Unable to Withdraw

I created an account on Quotex with $800 and an additional $400 bonus.

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.

2026-01-30 11:15
Unable to Withdraw

I‘m unable to withdraw fund from the platform Quotex.

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.

2026-04-28 00:43
Scam

Fraud/Scam by Quotex

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

2025-10-23 16:42
Unable to Withdraw

hello sir much greetings

hello sir much greetings with likeness of confidentiality I am here to inform you that I have submit withdrawal from quotes the go but it doesn't credited in my and is now about two weeks hope I will be considered

2026-10-25 16:16
Unable to Withdraw

Good afternoon, my problem is that I have tried to withdraw my balance six times from the platform.

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.

2026-04-03 02:44
Unable to Withdraw

Quotex Stole My $24,340 Affiliate Commission

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.

2026-01-19 18:21
Scam

Quotex has scammed my

Quotex has scammed my money and has blocked my account, giving incoherent alleged arguments which with evidence I proved to them were wrong. As a last action, they changed their violation of the platform rules in question to a different reason, according to inconsistencies in my data in the platform registration, this being false since I have had my account verified for 2 years, and furthermore if that were the reason it is not grounds to confiscate my money on Quotex. I alert everyone to be attentive and look for other regulated options so that they are not scammed. They asked me for all my data, including a photo of me holding a sheet that said Quotex, my ID card, etc., and my Binance account in order to supposedly issue me a refund. After sending everything, they did not return my money, and the customer service staff only give incongruous answers unrelated to my matter; moreover, they again indicate that the reason for my block was the one they had first said and which they had verified was an error because I demonstrated the legality of my money.

2026-11-02 00:04
    Data Source WikiFX Data provide
    Updated: 2026-11-12
    Quotex · Company summary
    QuotexReview Summary
    Founded2020-01-06
    Registered Country/RegionSaint Vincent and the Grenadines
    RegulationUnregulated
    Market InstrumentsCurrency Quotes, Stocks, Cryptocurrencies, Metals, Majors, Oil or Gas
    Demo Account✅
    Leverage/
    Spread/
    Trading PlatformQuotex(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.

    Quotex Information

    Pros and Cons

    Pros Cons
    Demo account availableUnregulated
    24/7 customer supportRestrictions on US traders
    30% bonus on first depositNo live account and fee information
    Some negative reviews

    Is Quotex Legit?

    Quotex is not regulated, making it less safe than a regulated one.

    Is Quotex Legit?
    Is Quotex Legit?

    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 PlatformSupported Available Devices Suitable for
    Quotex✔Computer, MobileAll traders
    Trading Platform

    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.

    News

    ExposureQuotex Review 2026: Unregulated Status, Complaints, and Withdrawal Risks

    Quotex is an unregulated offshore broker with a very low WikiFX score of 1.32 and multiple official warnings from global financial authorities. Indian traders face significant risk due to a documented pattern of delayed deposits, ignored support tickets, and blocked withdrawals.

    WikiFX
    2026-08-24 11:00
    Quotex Review 2026: Unregulated Status, Complaints, and Withdrawal Risks

    ExposureQuotex Review: Regulation Warnings, Broker Complaints, and Blocked Funds

    Quotex carries a severe risk signal: no confirmed financial regulation, three regulator warnings/blacklist disclosures, and repeated user reports of withdrawals, deposits, commissions, and account access being blocked. Traders describe funds turning unreachable precisely when they try to withdraw.

    WikiFX
    2026-08-20 15:00
    Quotex Review: Regulation Warnings, Broker Complaints, and Blocked Funds

    ExposureQuotex Review 2026: Should You Trade with This Broker?

    This Quotex review provides an in depth look at the broker's unregulated status, official regulatory warnings from multiple countries, WikiScore rating, and user feedback based on data available on WikiFX.

    WikiFX
    2026-07-14 16:53
    Quotex Review 2026: Should You Trade with This Broker?

    NewsWIKIFX REPORT: Quotex:brokerage locks withdrawals, locks accounts and disappears with customer money

    Broker for binary options In order to block the accounts of users who are making money on the site, Quotex, an opponent of IQ Option, has been making generic claims that use regulations have been broken. More recently, it has been charged with running out of deposits: clients would pay money using PIX, and though the account would be debited, it would not appear in the wallet.

    Quotex
    2022-07-01 14:07
    WIKIFX REPORT: Quotex:brokerage locks withdrawals, locks accounts and disappears with customer money
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    FX1433904714
    0-3months
    me bloquearon y no quieren darme respuesta de mi dinero
    me bloquearon y no quieren darme respuesta de mi dinero
    Translate to English
    2026-11-12 06:38
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    FX2762203022
    0-3months
    Quotex ha estafado mi dinero y ha realizado el bloqueo de mi cuenta,dando como presuntos alegatos incoherentes los cuales con pruebas les demostré que están equivocados,como última acción cambiaron su violación de las preguntas normas de plataformas por un motivo diferente,según inconsistencias de mis datos en el registro de la plataforma,siendo esto falso ya que tengo 2 años con mi cuenta verificada,y además si está fuere la razón no es motivo para confiscar mi dinero en quotex,alertó a todos a estar atentos y busquen otras opciones reguladas para que no sean estafados. Me pidieron todos mis datos, incluyendo una foto de mi persona sosteniendo una hoja que dijera quotex,mi cédula de identidad,etc y mi cuenta binance para según hacerme la devolución, después de enviar todo no me devolvieron el dinero y el personal de atención solo dan respuestas incongruentes nada relacionadas a mis asunto,es más ,vuelven a indicar que el motivo de mi bloqueo fue el que primeramente habían dicho y el cual se habían contrastados que fué un error porque demostré la legalidad de mi dinero.
    Quotex ha estafado mi dinero y ha realizado el bloqueo de mi cuenta,dando como presuntos alegatos incoherentes los cuales con pruebas les demostré que están equivocados,como última acción cambiaron su violación de las preguntas normas de plataformas por un motivo diferente,según inconsistencias de mis datos en el registro de la plataforma,siendo esto falso ya que tengo 2 años con mi cuenta verificada,y además si está fuere la razón no es motivo para confiscar mi dinero en quotex,alertó a todos a estar atentos y busquen otras opciones reguladas para que no sean estafados. Me pidieron todos mis datos, incluyendo una foto de mi persona sosteniendo una hoja que dijera quotex,mi cédula de identidad,etc y mi cuenta binance para según hacerme la devolución, después de enviar todo no me devolvieron el dinero y el personal de atención solo dan respuestas incongruentes nada relacionadas a mis asunto,es más ,vuelven a indicar que el motivo de mi bloqueo fue el que primeramente habían dicho y el cual se habían contrastados que fué un error porque demostré la legalidad de mi dinero.
    Translate to English
    2026-11-02 00:04
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