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Quotex is a legally registered binary options broker located in the Seychelles, but not regulated by any government agency.
On the plus side, the broker is a member of the IFMRRC, a non-commercial dispute resolution organisation.
Quotex accepts clients from all over the world, excluding most countries from the FATF grey list and those where trading is prohibited.
Binary options offers the following underlying assets for trading.
| 25+ Currency Pairs | Based on major and minor world currencies. |
| 4 Crypto BOs | Based on Bitcoin, Ethereum, Litecoin, Ripple. |
| 15 Indice BOs | Based on baskets of different blue-chip stocks. |
| 2 Metal BOs | Based on Gold and Silver. |
| 2 Energy BOs | Based on Crude Oil (WTI, Brent). |
Set up as recently as in 2019 and registered in the Seychelles, Quotex is an offshore and unregulated binary options broker that serves clients from around the world. The broker offers a range of underlying assets for trading, covering asset classes such as crypto, stock indices, forex, and commodities.
Perhaps the most striking thing about Quotex is how easy it is to use its binary options trading platform. The Quotex platform can be learned by anyone in essentially no time, makes it easy to look up any tradable asset, and comes with a decent selection of drawing tools for chart analysis.
A nice thing to note about the Quotex binary platform is also that it is entirely web-based, which means that it can be used on any type of computer regardless of the operating system. Meanwhile, traditional desktop-based trading platforms like MetaTrader 4 & 5 are not supported by this broker.
Being an offshore-registered broker, Quotex makes it easier than many “onshore” and regulated brokers to sign up as a new user and get an account verified. However, it is still necessary to provide some documentation for this process to complete. Among the documents that the broker says may be requested from new clients are a color copy of the passport (picture page), a selfie, and a proof of the user’s residential address.
With the exception of Germany, users from all European countries are welcome to sign up with Quotex. In Asia, residents of most countries except Hong Kong are also welcome. Unfortunately, residents of the US and Canada are not accepted as clients by Quotex.
As is common with offshore brokers, Quotex accepts deposits in a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Zcash (ZEC), Litecoin (LTC), Ripple (XRP), and the stablecoin Tether (USDT). In addition to crypto, deposits can also be made with Visa, MasterCard, and electronic payment services like Advcash and Perfect Money. Also, keep in mind that withdrawals can only be made via the same method as was used for the deposit. The broker processes all withdrawal requests within 3 business days.
As far as customer service goes, Quotex can be reached via email or an online contact form. Neither any phone numbers nor live chat options are available on the broker’s website, which we believe is a bit unfortunate for a broker that wants to establish a strong reputation. It is perhaps especially important for a new binary options broker like Quotex to be transparent and easy to reach for users, given how many stories there are of traders running into difficulties when trading binary options with offshore-registered brokers.
In all, we are of the impression that Quotex has what it takes to become a successful binary options broker, although there is still some room for improvement on the customer support side. The broker’s platform is modern and intuitive, making it easy to learn even for completely new traders. The choice of underlying assets is also more than good enough to accommodate most binary options traders, whether they are looking to trade crypto or the traditional financial markets.
I appreciate the range of payment options available on quotex. It's so easy and much faster to deposit and withdraw to my binance account. When using binance pay the deposits are instant and withdrawals take no longer than an hour, even on fridays.
Quotex is one of the best binary brokers I have used till date. I am very happy using their platform. They confirm and process withdrawal requests quite quickly.
I'm very happy that I started with quotex. It's one of the best platforms, easy to use, and they have excellent customer service.
Strongly discourage traders and partners from using Quotex. The platform has a concerning track record of suspending accounts without valid reasons. Additionally, their lack of proper customer support channels, such as a reliable phone contact or email, exacerbates the frustration of users facing issues. Considering these drawbacks, it's advisable to seek alternative trading platforms with better transparency and support systems.
This trading platform has great user interface and low min deposit, making it beginner-friendly. It's easy to navigate with menus, charts and trading tools. The good thing is that the market is open 24/7. Free indicators, oscillators and signals make it even more attractive. However, customer support may be slow from time to time due to high traffic.
I've been using quotex for a while now and I have to say I'm really impressed. The platform is user-friendly and easy to navigate, the spreads are competitive, and there is a wide range of assets to choose from. The customer service is also excellent, and I always feel like I'm in good hands. I'd definitely recommend quotex to anyone looking for a reliable and trustworthy binary fx broker.
Quotex is a really good and very convenient platform for beginners. I was able to deposit the money within a couple of minutes. The platform is very nice and easy to use. Highly recommended :)
This is the worst trading platform I've ever seen.
1. Their depositing system is really bad.
2. Their withdrawal system is the worst. After trying to withdraw for almost 3 months, still wasn't able to withdraw my funds till now. I've given up now trying to withdraw my funds and each time I complain they would be be like "the financial operators are working on it".
3. Their customer support is really bad as they don't usually reply to complaints. You have to wait for about 1 week sometimes for a response.
4. I noticed their social media usually have negative comments from all the individuals they've successfully scammed before, so they no longer open their comments session.
5. I also noticed that they are not on the app store, which means their credibility is questionable as Apple like to protect their users.
6. I strongly believe that Quotex is a scam and if you must trade with them, have it in the back of your mind that you are about to loose your money.
Quotex is a really good and very convenient platform for beginners. I was able to deposit the money within a couple of minutes. The platform is very nice and easy to use. Highly recommended :)
My name Arshad, my favourite broker is Quotex. Best broker, easy trading platform, fast deposit and withdrawal.
I have been using it for 1 year and never faced any problems with deposits and withdrawals. I can definitely say that this platform is much better in terms of payout than others. And it's UI is very easy to use.
Nice binary option broker, high percentage payouts, easy funding with a $10 minimum deposit, different withdrawal options. Very very good platform.
Quotex is one of the best binary options broker to trade with. I have never face any difficulties to deposit or to withdraw my funds. Highly recommend.
This platform is one of the best and easy to use. Easy access and user friendly experience.
I have been using it for 1 years and I have never faced any problems with deposits and withdrawals. I can definitely say that this platform is much better in terms of payout than other platforms. It's UI is very easy to use.
It says you cover all of Europe except Germany but I'm from the UK and it won't allow me to sign up.
Your app offers a user-friendly interface and efficient trade execution. I appreciate the real-time notifications. However, enhancing security measures and adding more educational resources would further improve the overall experience.
Quotex is a good application for binary trading. There are also many tools which can guide you in trading. Personally, recommend this application.
Good and convenient platform for beginners. Recommended.
Quotex provides many similar features to other binary options brokers, but what I think stands out with Quotex is the ease of depositing in your own currency. That for me is the clincher.
I do think they could do better by offering copy trading and improving the trade history interface. But overall, great experience.
Quotex is a good platform for options trading. Fast withdrawal and deposit, and no fees charged.
Quotex is a really good and very convenient platform for the beginners. I was able to deposit the money within a couple of minutes. The platform is very nice and easy to use. Highly recommended :)
As a new trader I'm happy that I started with quotex. It's one of the best platforms, easy to use, and they have excellent customer service.
Quotex is a good platform for options trading. Fast withdrawal and deposit, and no fees charged.
Quotex is a good platform for binary options trading, easy for trading, fast deposits and withdraws. I am very happy to use it.
Scammers, stole my cash, their website is also full of inaccurate data.
Best binary option broker, high percentage payouts, easy funding with a $10 minimum deposit, different withdrawal options.
It is one of the best platforms that I have traded on. It has no restrictions on withdrawal and deposit and there is no delay in opening deals.
Quotex platform is generous platform and trusted, also it provides instant deposit and quick withdrawal and convenient ui to understand and also a lot of forex currency is available to trade.
Quotex is a legit broker with excellent customer support and free built-in technical analysis tools. Withdrawal is fast and it works well.
Currently I am at Quotex for 2 years. Deposit and withdrawal are very fast. Support answers normally, in about 24 hours. Trading is fun and not like many other brokers I have tested before. Recommend.
Quotex is genuine, turstable and reliable broker, deposit and withdrawal system is very fast. Plaform signal quality and customer support system very good.
Quotex platform is generous platform and trusted, also it provides instant deposit and quick withdrawal and convenient ui to understand and also a lot of forex currency is available to trade and also quite decent reply from quotex team too.
Quotex is good app for trading. The user interface is smooth and easy to use. It provides different currency pairs to trade on. The deposit and withdrawal are fast.
I have been using it for 1 years and I have never faced any problems with deposits and withdrawals. I can definitely say that this platform is much better in terms of payout than other platforms. It's UI is very easy to use.
Quotex provides a modern and transparent trading platform with all tools an ongoing binary options trader needs! The payouts and deposits are fast and easy, just like the trading procedure. Quotex makes it easy to trade short term binary options as you only need one click to enter a trade. Most other broker require a second click to verify your trade decision. This is a great broker.
Even though at beginning I was a bit skeptical about depositing money on this platform I've finally decided and I can tell you that this was a good option. Speaking from a beginner point of view, this platform is everything you need to make a passive income. Advise from my side, enter with a good trading strategy in order to be successful. Cheers and good luck!
Quotex platform is generous platform and trusted, also it provides instant deposit and quick withdrawal and convenient ui to understand and also a lot of forex currency is available to trade and also quite decent reply from quotex team to.
Quotex is a really good and very convenient platform for the beginner and a pro trader. I was able to deposit the money within a couple of minutes. The platform is very nice and easy to use. Free demo account to practice as much as needed. Very nice payouts. Highly recommended :)
