29/06/ · Therefore, with the present evidence, we can say that the Quotex is not a regulated website, and people should be careful while using it. The trust score of the Quotex official site 13/07/ · Regulated by: No Regulation (Illegal Broker) Scammers Websites: blogger.com or blogger.com: Blacklisted as a Scam by: Spanish CNMV: Broker Owner: Quotex has no regulation for providing financial services, which means it’s an illicit broker. Is Quotex regulated? Quotex is not a regulated broker and has headquarters in an offshore Where is Quotex regulated? Quotex is regulated by the International Financial Market Relations Regulation Centre (IFMRRC). With this financial body, traders have access to a ... read more
After that, you choose the trade direction and start the trade. Wait till the expiry time is over to collect the profit or loss. Quotex offers a mobile app for both common systems, Android and iOS. So, whether you have an iPhone or a smartphone that runs with Android: You can trade via the Quotex app from wherever you are. Both apps work the same way. Have a look at the screenshot above.
As well as you trade via the desktop version, you can trade with the Quotex app. To trade, just set the time and amount and choose whether the price goes up or down. The platform offers different assets you can trade. You can only trade Binary Options with currency pairs as an underlying asset! You might know the answer: Of course, you can trade binary options on this binary options broker. To trade you just have to select the asset, set the expiry time and investment, and tell the broker if the price goes up or down.
Yes, there are several different cryptos available for trading. A little excerpt: Litecoin, Bitcoin, Ripple, or Ethereum can be traded. You can trade stocks on Quotex, yes. Many different stocks from all over the world are available. You can select companies like Microsoft, Boeing, or Intel as well as indices like NASDAQ, Dow Jones, or foreign ones like the Nikkei or DAX.
To register with Quotex you need only your email address and a secure password. At first, you can start trading without verification. The broker may ask you to upload your ID card if you want to deposit or withdraw huge amounts of money. Quotex offers three different accounts besides the demo account, which I will introduce you to later. The three account types are:. You will have some premium benefits as a part of the standard account features.
This is not enough for you? Then move on to the professional account level. For experienced traders, Quotex offers its VIP account. When it comes to practice trading you should use a demo account.
Especially for beginners, it is a good way to learn the investment. You can also test the trading platform, gain knowledge, or test new trading strategies. Even professional traders are using a demo account to become better traders. You can refill the account balance every time you want. It is easy to switch between your real and demo accounts. It is just one click in the menu. I recommend using the free demo account first to learn more about the trading platform.
The demo account is available without registration. To start trading you have to login into the web platform or the mobile app.
You just need your email address and password. I recommend activating the 2-factor verification on the login and withdrawal. You will get a security code via email or SMS. That is an important security feature and you should use it. The broker uses different URLs for its service:. If you want to verify your account you can trade without also with some restrictions you have to prepare some documents.
You will need:. If you want to start trading, at first you have to deposit money into your trading account. Fortunately, Quotex offers a lot of different payment methods. In the menu, you can click on deposit funds and you will come to the deposit methods. It is very easy to deposit money with Quotex. There are no additional fees and the deposits are instant. You can choose between Credit Cards, cryptocurrencies, and e-wallets.
I talked before about the bonus in this review. Insert your data and start the deposit. This is an interesting question. Because I can offer you a unique bonus code that only works via this website. On the left side, you the how much money is available for the withdrawal. The bonus amount might affect these numbers. For withdrawals, you have to choose the same method as you deposited.
From my experience, the withdrawals are very fast. I did it multiple times and Quotex is sending the money very quickly. Many traders are worried about it if the broker payout the profits. With Quotex you can be sure that the withdrawal is done secure and fast. In the next section, I show my withdrawal proof. In addition, read my full Quotex withdrawal review here. As you see in my menu, Quotex withdraws the profits.
I did it several times and there are no problems with withdrawing money. Also, I did some research on the internet, and there are no traders who are in conflict with this broker. For example, on Quora , you will find many positive reviews.
All these features are only available with a promo code. You may now ask how to get a promotion code? If you start trading real money with Quotex you will get free promotional codes after making a certain trading volume or depositing money. It is a very good feature for traders who invest and trade a lot of money.
I can recommend this feature and it is completely free. Every trader and customer on the Quotex web trading platform gets the chance of risk-free trades. The broker gives you sometimes discounts or promo codes for risk-free trades.
If you are a high-volume trader you will get a lot of benefits in the marketplace, as we discussed before. Furthermore, you can ask the support to get risk-free trades. Another special offer of Quotex. io is the trading signals. Pay attention to the trading signals on the trading platform and maybe you get lucky to make good money on the market.
You see the asset and the time duration of the trades. Unfortunately, there is no description or strategy for the trades. You do not know why it shows an up or down signal. It is maybe the result of technical analysis. For me, the signals are not transparent enough to use but it is a good offer for new traders.
The support is available in English, France, India, Spanish, and many more languages. There is a small disadvantage because Quotex does not offer phone support.
It is only possible to get in contact with the broker via the live-chat and ticket support email. If you are new to binary options trading, learning how the system and your favorite broker work is the most important thing.
To assist you, Quotex offers an educational section within its website you can use. You can also watch my videos on the YouTube channel binaryoptions.
Quotex accepts traders from every country. There are no restrictions. On the payment methods, there are restrictions. Maybe you can not deposit or withdraw real money on the platform but you can use the free demo account for sure. Popular countries are France, Spanish, India, Indonesia , and Brazil. See the full Quotex country list here. Overall, Quotex is a reliable broker for trading Binary Options. It is not a scam for your money.
I tested it several times to withdraw my profit and also on the internet you will find only positive reviews about this platform. Quotex is a very good way to bet on the markets with limited risk and a high payout. The platform for online trading is working very well and is user-friendly to use as you saw in my review.
It takes practice to become an experienced and efficient binary options trader. And if you link all the features of the interface to your demo account, you have a great opportunity to improve. The demo account helps you study all the features of the platform , understand the basic principles of trading, practice buying digital options, test different methods and strategies, or evaluate your intuition.
The demo account is completely free and offers a virtual deposit to train. In case of a shortage, you can directly raise funds without restrictions. The mode of depositing and withdrawing funds is undoubtedly one of the most important things every broker is concerned about. The company does not charge any fees and offers a variety of trading methods.
In general, it depends on the country of origin, but it can generally be divided into three groups: bank cards and electronic payment systems, and cryptocurrency. Account withdrawals are done in the same way as deposits based on the previously selected trading method. It takes 1 to 5 days to withdraw money from Quotex and ID may be required. According to verified traders, you can withdraw cash without problems.
Deposits and withdrawal of funds can be made through one of the several ways shown below:. It is safe to say that our support team deserves special mention. All support staff supports their work.
They will do their best for your comfortable enjoyment. Unfortunately, the support and service are not at their best because phone support and live chat are missing. io platform offers a variety of trading assets, financial indicators and tools, and charting adjustments to show excellent results.
Quick updates of quotes, team support, bonuses, and more. Summarizing all the benefits of an efficient and user-friendly environment for all users, Quotex. io has created a complete platform for the principles of enjoying the trading process. Quotex is a new online broker with high potential. It is worth a try to use the platform. Quotex is regulated by the International Financial Markets Regulatory Center IFMRRC. This currency authority allows traders to access compensation funds if the broker is unable to pay their income.
This broker has its own trading platform that provides a convenient operating experience. These include craft copying, signal services, indicators, and other useful tools. This environment allows users to practice trading digital options and become familiar with the interface before investing real money. Traders can deposit in multiple currencies depending on the criteria in which the account was opened.
The withdrawal period is days, and the amount is returned through the deposit method. Last Updated on May 7, by Andre Witzel. Risk Warning: Your capital can be endangered. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors.
The information and videos are not an investment recommendation and serve to clarify the market mechanisms. The texts on this page are not an investment recommendation. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors.
Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.
You can check these in your browser security settings. These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience. If you do not want that we track your visit to our site you can disable tracking in your browser here:. We also use different external services like Google Webfonts, Google Maps, and external Video providers.
Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page. Quotex broker review and test — How good is the new trading platform? Table of contents:. What is behind Quotex. Quotex trading conditions for investors and traders Trading account: Payment methods: Fee structures: Leverage offering: Mobile application Test of the Quotex trading platform Convenient trading interface Integrated signal provider Trade indicators Copy-trading of experienced traders Ideal speed Training with major traders Quotex Bonus How to trade with Quotex?
Sign up 2. Practice Demo account trading — Quotex offers a free demo account Deposit and withdrawal — Is it safe or not? When we tested live chat out with a few questions, it took a couple minutes to be connected with an agent and to get an initial reply.
But after that, the agent was friendly, responsive, patient, and very informative. You now know our thoughts on Quotex, and what you can expect if you decide to open an account to trade with this binary options broker. We were not impressed by the lack of regulation, and would have liked to see more assets to trade, types of trades, educational resources, and trading tools.
But we like the proprietary binary trading platform, the variety of bonuses and promotions, the varied options for languages, the helpful customer support, and the fact that USA traders can use this site. So, Quotex may be worth giving a try. Since we are still learning about this broker and they are unregulated, we would recommend if you do decide to move forward, that you use caution and make a small deposit initially to test the waters.
Quotex Rating: 8. Visit Site. September 2, at November 9, at Binary Trading. Victoria, Seychelles. Match bonus, risk-free trades, cash-back, percentage of turnover, balance bonus, cancel X points. US dollar, euro, Great Britain pound, Bitcoin, Brazilian real, Indonesian rupiah, Malaysian ringgit, Indian rupee, Kazakhstani tenge, Russian ruble, Thai baht, Ukrainian hryvnia, Vietnamese dong.
Up to 5 withdrawals per day are available. No maximum.
After this, the trading platform will be made available for you and you can start trading using their demo account. Regulations: Regulated by the International Financial Market Relations Regulation Center IFMRRC.
Languages: English, Russian, Portuguese, Spanish, Italian, Polish, Indonesian, French, German, Chinese, Turkish, Hindi, and Ukrainian.
Deposit Methods: Visa, Mastercard, Skrill, Neteller, WebMoney, QIWI, Cryptocurrency, and other e-Wallets. It was difficult for us to pinpoint any advantage in trading with this broker.
Quotex is owned and operated by a company called Awesomo Limited which is based in Seychelles. They claim that they are regulated by the Financial Services Authority FSA in the UK and the International Financial Market Relations Regulation Center IFMRRC. Furthermore, IFMRRC is a non-government authority that functions as an independent organization. This means that its credibility is questionable. Most companies that are regulated by this organization are offshore brokers.
Seychelles, where the broker is registered, is an offshore zone. The problem with offshore zones is that they lack serious regulatory measures. To ensure that your funds are safe, you need to choose brokers with licenses from credible regulators such as the Financial Conduct Authority FCA in the UK, Cyprus Securities and Exchange Commission CySEC in the EU, and the Australian Securities and Investments Commission ASIC in Australia.
These regulators have the strictest set of rules that brokers must adhere with in order to get licensed. Some of these rules include a big amount of starting capital, participation in a financial compensation scheme, and segregation of accounts for every client.
The goal of every regulator is to ensure that all brokers under their jurisdiction should act in good faith and survive the volatility of the market. The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.
Quotex clients are offered a web-based trading platform with very limited functionality. The software is also not available in desktop or mobile version. Traders also have limited control over the trading transactions. With their platform, Quotex controls the volume of the trade, asset of interest, and the closing time. Traders can only choose to go up or go down, and sell now or at a later time. In addition, the leverage is also undisclosed. This scheme is common to unregulated and offshore brokers in order to manipulate the transactions.
If you want to trade in the best environment, choose MetaTrader 4 or MetaTrader 5. Some of the features they boast include technical analysis indicators, financial calendars, VPS, app markets, auto trading options, trading signals, and more. As described on its website, the platform works in four steps.
Having very little control over a trading software is very risky because the broker can easily manipulate the transactions to their advantage. For instance, regulators from the UK, EU, AU, and the US have implemented a level of leverage not to exceed Any level exceeding this is considered as gambling and illegal.
Spreads should also be maintained as low as possible. Legit brokers never leave such information undisclosed since these are important details to consider when choosing a broker. Surely, no one wants to be surprised with overwhelming fees in the future. Knowing what to expect from a broker is necessary in order to avoid future troubles. First, they lied about their regulation with the FSA in the UK. Needless to say, they are not credible enough as a regulating body. Your money is definitely at risk with this broker.
eToro is a multi-asset platform which offers CFD and non CFD products. You should consider whether you can afford to take the high risk of losing your money. Save my name, email, and website in this browser for the next time I comment. Home Scam Brokers Quotex Review. Scam Brokers Quotex — Is it Secure to Trade With Them? Quotex - DO NOT TRADE WITH THIS PROVIDER. Try other platforms. Try these regulated brokers if you want to start trading cryptocurrencies. Plus Review - Regulated broker.
try this broker. Quotex — Advantages: It was difficult for us to pinpoint any advantage in trading with this broker. Quotex — Disadvantages: Below are some of the reasons why you should not trade with this broker. Regulated by a non-government organization in an offshore zone Quotex is owned and operated by a company called Awesomo Limited which is based in Seychelles. Start Trading Read Review.
User Experience 3. Payment Options 2. Security 2. Support 2. Reputation 2. Pros None. Cons Regulated by a non-government organization in an offshore zone Poor trading platform Leverage and spreads are unknown Fees are undisclosed. Do not trade with unregulated brokers that will steal your funds - try these regulated brokers:.
Related Posts. Nexvia Invest — It This a Broker Read more. FXMoneyOnline — Are They a Scam? com Founded: Regulations: Unregulated Languages: English….
CharterPrime — Can You Trust Them? com Founded: Regulations: Not Regulated Languages:…. Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment.
13/07/ · Regulated by: No Regulation (Illegal Broker) Scammers Websites: blogger.com or blogger.com: Blacklisted as a Scam by: Spanish CNMV: Broker Owner: Where is Quotex regulated? Quotex is regulated by the International Financial Market Relations Regulation Centre (IFMRRC). With this financial body, traders have access to a 29/06/ · Therefore, with the present evidence, we can say that the Quotex is not a regulated website, and people should be careful while using it. The trust score of the Quotex official site Quotex has no regulation for providing financial services, which means it’s an illicit broker. Is Quotex regulated? Quotex is not a regulated broker and has headquarters in an offshore ... read more
These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience. I also searched for negative comments about this trading service and I could not find any negative reviews about this broker. Quotex Review: Is Quotex Legit Or Scam? This is not enough for you? Consumers have full access to digital optional products, customer support, and promotions. In addition, clients will favour the high levels of customisation offered. This is a generous incentive and a great way to increase your original trading capital.Quotex broker review and test — How good is the new trading platform? If you are looking for a simple website that offers great deals on trading and helps you get more money, then Quotex is not the one for you, is quotex regulated. io is an online trading platform for beginners and advanced traders. The platform have intuitive interface and high quality tools. As your read before, the trading conditions are very competitive and better than most other Binary Options Brokers. Is quotex regulated Trading Read Review.