Review summary
Quotex Review
Quotex should be treated as a high-risk digital-options venue, not as a regulated broker. The strongest verified facts are product basics from the official FAQ; regulatory protection and dispute-resolution coverage remain the main weaknesses.
Overall score
2.1/5
Fees
8/10
Regulation
2/10
- Source-backed facts are separated from weak or unresolved claims.
- Check the exact entity, jurisdiction, payments, and product restrictions before funding.
- This page is research, not a broker recommendation or investment advice.
Editorial score by review area.
Regulation
0.8 / 5
Fees
3.8 / 5
Platform
3.4 / 5
Markets
3.1 / 5
Payments
2.2 / 5
Support
1.9 / 5
WikiFX lists Quotex around 1.5/10 in recent broker profile pages
ON SPOT LLC GROUP / prior Maxbit LLC references appear across third-party records
Official FAQ says profit can be up to 98% of investment; payout varies by asset and time
Official FAQ states withdrawals average 1-5 days after request receipt
What is confirmed, disputed, or still weakly sourced.
FAQ confirms digital-options mechanics, asset categories, demo usage, minimum deposit and withdrawals.
No FCA, CySEC, ASIC, CFTC or equivalent supervision is verified in the gathered sources.
USA, Canada, EEA/EU, Hong Kong and several other markets require special caution or are reported restricted.
WikiFX and other broker databases report unresolved complaints around withdrawals/account access.
Minimum deposit
$10
Minimum trade
$1 reported by industry reviews; verify in account before funding
Demo account
Available
Account currencies
USD by default; profile-level currency switching mentioned in the official FAQ
Assets
Digital options on currencies, crypto, commodities, and indices
Platform
Proprietary web platform; no download required according to official FAQ
Payments and withdrawals
Platform launch claim
Quotex-related sources commonly describe the platform as launched around 2019.
Financial Commission warning
Financial Commission placed Quotex/Quotex LTD on its warning list.
European warnings reported
Broker-watch sources report CMVM and CONSOB warnings around Quotex/related entities.
More country-level scrutiny
Recent sources report additional concerns around restricted countries and unauthorized operations.
Is Quotex regulated?
We did not verify a tier-one financial license for Quotex. Traders Union and WikiFX describe Quotex as lacking major-regulator oversight, so the page labels regulation as a major risk area.
What is the minimum deposit on Quotex?
The official QxBroker FAQ states a minimum deposit of 10 US dollars. Users should still check the account screen because payment methods and regional rules can change.
Does Quotex offer a demo account?
The official FAQ describes a free training account for practicing digital options and testing strategies without cash.
Can users in the USA or EEA use Quotex?
Third-party country guides and regulatory summaries report that Quotex is restricted or unavailable in the USA, Canada, EEA/EU countries, Hong Kong and other high-compliance regions.
Is this review investment advice?
No. The page is a source-backed broker review and risk summary. It does not recommend opening an account or placing trades.