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QUOTEX Forex Broker provides real users with 23 positive reviews, 2 neutral reviews and 43 exposure review!

QUOTEX Broker Review

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QUOTEX Review 68

Latest All(68) Positive(23) Neutral(2) Exposure(43)
Exposure
Hello, good afternoon, my name is Isaac Rodriguez.

My case today was from the quotex broker who has not responded to me for more than 8 days about a withdrawal I made and neither have the customer service people responded to me. At first I withdrew and everything was going very well because they were a small bunch and Now that it is an amount by everything I have invested and I managed to recover some of the investments I have made and they do not want to make the deposit, the truth is it is unfair and there are also YouTubers who invite you to enter the platform like JESUS TRADERS WHO INVESTS YOU AND WANTS YOU TO DEPOSIT BY FORCE AND PROMISES TO DO OPERATIONS WITH YOU AND ONLY LIES AND SO WHAT HAPPENED TO ME I WAS JUST CONFIDENT AND DEPOSITED UNTIL I WAS IN DEBT PLEASE FRIENDS EVERYONE IN GENERAL IF YOU READ THIS MESSAGE DON'T MAKE THIS MISTAKE PLEASE ××QUOTEX×× IT IS NOT RELIABLE DO NOT FALL INTO THE TRAP PLEASE 🙏 IT IS NOT CONVENIENT FOR YOU TO RESPOND AND THE TRUTH THANKS TO THIS EXPERIENCE I WILL NO LONGER DO IT LOOK AND SEE THEY DO NOT ANSWER ANYTHING I HOPE YOU CAN HELP ME RECOVER THIS PLEASE 🙏

FX9676363132
2024-04-19
Exposure
Withdrawal cancellation and account emptying

Today it happened to me that I put 10 dollars in the account and won 143... when I withdrew they disabled my account for a few hours and after that when I was able to re-enter the account I only had the initial 10 dollars and the profits were no longer there. They canceled my withdrawal and took away what I earned...

DAZ1520
2024-04-16
Exposure
Closing my account for no reason

Hello, good afternoon, I have been operating at quotex for more than a year and a half and today, April 15, 2024, 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.

l.pc.trading máx
2024-04-16
Exposure
Account closure

Hello, good afternoon everyone, I have been operating at quotex for less than a month and today, Monday, 04/15/24, after operating during the morning, when trying to operate after noon the cell phone application asks me to log in, when I try to log in it skips me a notification that my account was suspended for violating the company's rules and policies, something illogical, especially given the fact that I have a negative balance and have $273 in the account and I consider that they closed it by mistake since there is no reason Logically, I made the corresponding claim to the support and now I will wait for the response, I just hope it is not delayed, and I would like to know how long it can take to restore my account and if you can give me your help in addition to asking if someone was able to resolve a case like this , thank you.

hernan7255
2024-04-16
Exposure
Quotex does not give me the money from more than 6 days ago

On April 2, 2024, I made a withdrawal of $81. After the 48 hours that the broker says it takes, I received nothing and on top of that I removed the option to cancel the withdrawal. Then when I wanted to contact them they said that they would give me the money between 3 and 5 days but it turned out to be all a lie since it was almost a week later and I did not receive my money. Contact support and they do not respond, contact the email and neither do they. I would like to know if it can be solved or why because it seems like they scammed me and it seems a disaster to me that these platforms can do it just like that without receiving consequences. I am very angry and I don't understand how things like this can happen with brokers.

Manuel5545
2024-04-09
Exposure
An error occurred when registering an email

When I registered for the platform, an error occurred in my email and the money was transferred, until now my email has not been confirmed and I cannot withdraw my money and no email has been sent to me.

FX2178844261
2024-04-02
Exposure

Hello, I had an account on the quotex platform with which I was operating normally. But they closed my account from one moment to the next. I had money in it which I need to recover supposedly as a precaution. They closed it so that no one withdraws my money. I made the claims and I am waiting for the answer. I don't know if you can help me. That is the deposit and the email that tells me when I want to enter.

No tengo 248
2024-03-20
Exposure
Account closure without refund of funds

I made my deposit on the platform of $1570.70 from my Binance Pay wallet. I only made a few operations and then I withdrew my funds. However, it did not let me withdraw the next day. They closed my account and did not tell me why. I sent them emails and documents. They asked for verification but didn’t give me any response. I keep writing to them requesting a refund and they tell me that I have already withdrawn the amount for the refund and that they will no longer accept any messages from me. I have lost contact with that department and I haven’t received my refund. They haven’t given me any answer. The scam broker manipulates its graphs and if you beat him, he closes your account. Keep away from this broker forever!!!

daniel Gonzales
2024-02-12

  

QUOTEX 2025 Review: Everything You Need to Know

  Quotex has emerged as a notable player in the binary options trading space since its inception in 2019. This review synthesizes various sources to provide a comprehensive overview of Quotex's offerings, user experiences, and expert opinions. Overall, while Quotex boasts a user-friendly platform and high potential payouts, concerns regarding its regulatory status and customer service persist.

  Note: It's important to recognize that Quotex operates under different entities depending on the region, which may affect its regulatory compliance and service quality. This review aims to provide a balanced perspective based on multiple sources.

  

Ratings Overview:

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 5
Customer Service and Support 4
Trading Experience 7
Trustworthiness 3
User Experience 6
Regulatory Compliance 2

  We evaluate brokers based on user feedback, expert analysis, and available data.

  

Broker Overview:

  Founded in 2019, Quotex is operated by Awesomo Ltd, registered in Saint Vincent and the Grenadines. It specializes in binary options trading, offering a user-friendly web-based platform and mobile applications. Quotex provides access to a range of assets, including forex, commodities, stocks, and cryptocurrencies. However, it operates without stringent regulatory oversight, raising concerns about its trustworthiness.

  

Detailed Breakdown:

  

Regulatory Status:

  Quotex is not regulated by major financial authorities, which is a significant red flag. It is registered in an offshore jurisdiction, St. Vincent and the Grenadines, known for its lenient regulatory framework. Several regulatory bodies, including the Italian Consob and the Portuguese CMVM, have issued warnings against Quotex, stating it is unauthorized to provide financial services in their regions. Consequently, traders from the US, Canada, and several European countries may face restrictions or be unable to open accounts.

  

Deposit and Withdrawal Options:

  Quotex supports various payment methods, including credit/debit cards and cryptocurrencies. The minimum deposit requirement is set at $10, making it accessible for new traders. Withdrawals can be initiated using the same method as deposits, with a minimum withdrawal amount of $10. However, users have reported delays in the withdrawal process, which can take between 1 to 5 days.

  

Bonuses and Promotions:

  Quotex offers a welcome bonus of up to 30% on initial deposits, which can enhance trading capital. However, this bonus comes with specific trading requirements that can complicate withdrawals. Users should be cautious and read the terms associated with bonuses to avoid unexpected conditions.

  

Trading Asset Categories:

  Quotex allows trading across various asset classes, including over 40 forex pairs, commodities like gold and oil, popular stocks, and a selection of cryptocurrencies. However, some sources indicate that its asset selection is limited compared to other brokers, particularly in terms of available cryptocurrencies and indices.

  

Costs:

  Quotex does not charge fees for deposits or withdrawals, which is a positive aspect. However, there may be transaction fees from payment providers. The platform claims to offer high payouts, with potential returns of up to 95% on successful trades, but actual returns may vary based on market conditions.

  

Trading Platforms:

  Quotex features a proprietary web-based platform that is intuitive and user-friendly. It provides multiple charting options and technical indicators, facilitating effective market analysis. However, it lacks advanced features offered by some competitors, such as automated trading options.

  

Customer Support:

  Customer support at Quotex has received mixed reviews. While the platform offers 24/7 support via email and live chat, response times can be slow, and users have expressed frustration regarding the quality of assistance. The absence of phone support is also noted as a limitation.

  

User Experience:

  Users generally appreciate Quotex's interface, which is straightforward and easy to navigate. The availability of a demo account allows traders to practice without financial risk, which is particularly beneficial for beginners. However, some users have reported issues with order execution speed and withdrawal processing.

  

Conclusion:

  Quotex presents a user-friendly platform with a variety of trading options, making it appealing for both novice and experienced traders. Nonetheless, its lack of regulation and mixed reviews regarding customer support and withdrawal processes raise significant concerns. Potential users should exercise caution and conduct thorough research before committing to this broker. For those prioritizing regulatory compliance and robust customer support, exploring alternatives may be advisable.