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Quotex: Opinions and Real Trader Reviews 2024

3.7 / 5

Is Quotex a trustable binary options trading broker? In our Quotex broker review, we have gone through every aspect of the platform to provide a neutral overview of the platform. In this process, we did not stick to the broker’s publicly available information. We have tested the platform as an individual trader and took opinions from people who are connected with the platform from the very beginning.

General information

Quotex is a new face in digital options trading that offers trading in more than 400 trading instruments. Quotex LTD, headquartered in 03 Sham Peng Tong Plaza Victoria, 1, Mahe, Seychelles is operating this broker since 2020. Although this broker is new, it has some decent features like a high yield of up to 95% in numerous markets from forex to cryptocurrencies.

On the other hand, this broker offers sophisticated trading platforms and tools that help investors anticipate the price direction accurately. Furthermore, this broker aims to provide services in a maximum number of countries. As of now, its service is available in more than 100 countries, and its website is available in 20 different languages. Overall, the primary impression of this broker is attractive to traders where a strong regulation is a missing part of it.

Advantages and disadvantages

Accepts international clients: It is not easy to find a broker where a wide range of trading instruments are available with an acceptance to multiple countries. Therefore, if you live in any country in the Eurozone, Asia, or America, you might open an account with this broker.
Min. deposit $10: Quotex is an excellent opportunity for new traders as traders can start live trading with only a $10 deposit in their account. Besides, Quotex offers a free demo trading account where traders can check the platform with a $10,000 deposited balance.
High profit up to 95%: The most significant advantage of this broker is that it offers to trade where the profit is available at a maximum 95% yield rate.
Leverage: Although Quotex offers a wide range of facilities, it does not provide any leverage opportunity. Therefore, traders cannot increase their buying power while using this broker.

Trading conditions

In Quotex, the yield of a single trade is limited to 95%. Therefore, if you invest $100 and make the right prediction about the movement, you can make $195 from a single trade. However, the yield depends on the asset type, expiry time, and account status. Therefore, traders can improve their earnings rate by achieving the VIP position.

On the other hand, the convenient expiry time is another feature. There are many brokers offering trading on 60 seconds to 5 minutes charts. On the other hand, traders in Quotex can enjoy the expiry times from 60 seconds to 4 hours. Moreover, the timing is customizable where you can set it like 2:30 minutes.

Quotex attracts new customers by providing bonuses where its bonus structure is attractive and effective. Depending on the investment and VIP status, the bonus amount might be extended up to X100. Moreover, the bonus is applicable by depositing money or using a promo code.


There are more than 400 trading instruments in Quotex that covers most of the international financial markets:

  • Forex: There are 27 currency pairs available to trade, including instruments from majors, minors, and exotics.
  • Cryptocurrency: Cryptocurrency trading is available on the following assets- Bitcoin, Litecoin, Ripple, and Ethereum.
  • Indices: Quotex offers the world’s top 15 leading indices, including the FTSE 100, Dow Jones, and S&P 500.
  • Commodities: Commodities like Gold, Silver, and Oil with other commodities are available to trade in this broker.

Although this broker offers many trading assets, it is still below the number that a general binary options trading broker offers. As this broker is new in the industry, it continuously adds instruments.

Trading platform

Quotex offers a web-based trading platform that is very user-friendly. After opening an account, you need to understand these features to use the trading platform:

  • Each trading instrument is available on the platform, where you can see the return of trade you might get per trade.
  • The expiry times on the right side are changeable from minutes to hours.
  • The investment option indicates the amount you want to take per trade. For example, selecting $100 will lock the amount from your investment until the expiry time comes.
  • Pick down or up indicates whether you want to buy or sell. Once you click it, the system will open the trade automatically.

Users can utilize and duplicate other person trading strategies in the trading platform with a single click. Moreover, the list of top earners is available on the chart, and a follower can quickly select them. Besides, the trading platform has unlimited market signals, including the expiry time of trades.

Quotex trading platform is customizable where investors can change their username, profile photo, or background images. However, unlike these features, it does not provide services on MT4 or MT5.

Mobile Trading

Quotex mobile trading platform is available for free download in the Google Playstore. The interface of the mobile trading platform is very simple and straightforward. Users can easily open long and short positions from the platform and see the trading performance with an analytical representation. However, the Quotex mobile platform is not available on the Apple App Store yet.

Demo account

Users can easily open a demo account with a few clicks where they don’t have to use their personal information. The ideal investment amount of a demo account is $10,000, and investors can use this fund in all trading instruments.

Overall, the demo account with a $10,000 deposit is a good option for new traders who want to build their career in binary options trading.

Account types

Quotex has three live trading account types: Standard, Pro, and VIP. The standard account is perfect for new traders in Binary options trading and has average profitability. The pro account type is for more advanced traders seeking a career in trading. There are increased profitability and promotion available for pro traders. Investors should invest at least $1000 to initiate trading to have the pro trading features.

The VIP account is for veteran traders where the profitability rate is very high besides many bonuses and deals. Investors need to make a $5000 deposit to achieve the VIP status.

Users can access all trading facilities in all three account types, including customer support and bonus facilities. These accounts are offered in R$, USD, EUR, RUB, etc. Users can easily open an account and initiate live trading within a minute.

Opening an account

Opening an account with Quotex is very simple. Users have to fill options from the registration page and wait for an email to confirm the account. First, traders can deposit and start trading without verifying accounts. However, while making a withdrawal, it needs to verify the identity by providing an ID card and address verification document.

Once the account is open, you can access the web-based or mobile platform. In that case, you have to input your email address and password. However, it is better to turn on the two-step verification method on login for security purposes. In that case, the platform will ask for providing an authentication code through email or SMS.

Funds withdrawal

This broker’s deposit and withdrawal are straightforward where users can start their business with a $10 deposit. In that case, the minimum withdrawal amount is also $10. There is a wide range of deposit methods, including credit cards, internet banking, e-wallets, and cryptocurrencies. The withdrawal and deposit method should be the same for the investment amount where the profit is withdrawable from any method.

The withdrawal may take 1 to 5 days to complete, where the broker takes no charge. However, some charges may apply, depending on the deposit/withdrawal methods.

Trader training

On the Quotex website, there is no significant course or video content available for learning, but in the trading platform, there are certainly helpful tools for traders.

The trading platform has a list of profitable traders, and a new person with no trading knowledge can ensure profitability by following any of the person’s trades. The integrated signal service shows the live transmission of trading signals that includes the trading instrument management and time frame. As a result, investors easily enrich their trading knowledge by understanding the logic behind the trade.

Should I trade with Quotex?

Quotex is a reliable binary options trading platform that is regulated. Therefore, investors might find it reliable to make money online with no possibility of getting scammed. Based on our findings, the trading platform and other broker features are also supportive of trade. There are no restrictions on trading activities where the return is also high with a quick withdrawal processing.

Trading in the financial market involves some risks that no one can ignore. Therefore, investors from any level need to understand the risk associated with the market before making forex trading a career. In that case, it is recommended to check all features of Quotex in demo testing before jumping with real money.

Reviews on Quotex

Comments about Quotex
( 11 )
User rating: 4.4 / 5

Comments: 11

  1. avatar
    Abdelhakim Brahmi

    I recommended strongly quotex , it is safety plateforme trading, I was not disappointed using quotex


  2. avatar
    tony luis

    My experience here was a very terrible one. After I had made my second deposit I was blocked out. Nothing I did worked. I was so frustrated and giving up on my money when Mrs. HARPER JAMES came to my rescue and helped me out with the issue. I would have been in a big mess if I had not met Mrs. HARPER JAMES ( HARPERJAMESPLATFORM @ GMAIL . COM ) personal email them privately. I wish to recommend Mrs. HARPER to anyone in recovery of loss. She saves me and I believe She can also save others who have run into loss.


  3. avatar
    Jose Carl

    It’s so sad the rate of online theft on digital assets is creating more fears for potential investors to embrace this profitable investment. I lost about $174,000 to one Quotex broker I met on Twitter and she lured me to invest with her cause she promised a huge return on investment as profit. But after a few weeks I tried to check on my investment but I was denied access to the investment website. I tried contacting their support team still to no avail then I realized I’ve been ripped off. I began searching online for ways to recover my funds but Silvana Tenreyro kept showing up for her quality service. I tried her and she delivered. Within 24hours I contacted her and I got all my funds recovered. I implore you to reach out to Silvana at: silvana_tenreyro @ aol . com for an excellent recovery service.


  4. avatar
    Kylie Harvey


    I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Online Hackers send them the atm blank card and use it to collect money in any atm machine and become rich I email them also and they sent me the blank atm card. I have use it to get 500,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

    Email: [email protected]


  5. avatar
    Bells wandy

    It’s exceptionally hard to believe that this business was founded with the intention of causing customers and investors to lose money and regret their decisions. I was very foolish to have joined this fraud, and I first lost some money as a result. However, with the assistance of experts from Cp-investigation (.) com I was refunded and advised to be wary of most investing firms out there.


  6. avatar
    Luke cane

    Approximately three months ago invested online I got a text from the support. I started depositing money to them using their Al system to trade by myself but the system kept requesting for more funds while they was trading everyday the amount yield good value in my account. Today I have reached the system about withdrawing my money but not responding. Until I came across a recovery specialist called Gavin ray he took up the case and recovered my asset from the platform get intouch with him on mail gavinray78 gmail com


  7. avatar
    Jimmy loof

    Highly Recommended!
    Very insightful, i will also say this here. Investment is one of the best ways to achieve financial freedom. For a beginner there are so many challenges you face. It’s hard to know how to get started. Trading on the Cryptocurrency market has really been a life changer for me. I almost gave up on crypto at some point not until saw a recommendation on Elon musk successfully success story and I got a proficient trader/broker Mr Bernie Doran , he gave me all the information required to succeed in trading. I made more profit than I could ever imagine. I’m not here to converse much but to share my testimony; I have made total returns of $10,500.00 from an investment of just $1000.00 within 1 week. Thanks to Mr Bernie I’m really grateful,I have been able to make a great returns trading with his signals and strategies .I urge anyone interested in INVESTMENT to take bold step in investing in the Cryptocurrency Market, you can reach him on WhatsApp : +1(424) 285-0682 or his Gmail : [email protected] bitcoin is taking over the world, tell him I referred you…….


  8. avatar


    Am here to testify about the handwork of A Great Verified Hacker ( Mr Morris Gray )Who helped me recover back my lost funds from the hands of scammers who Ripped me off my money and made me helpless, I could not afford to pay my bills after the whole incident, But a friend of mine helped me out by given me the contact info of trusted Recovery Expert, his email: Morris gray 830 @ gmail . com contact him and he will help you recover your lost funds If you have been a victim of any binary/ cryptocurrency or online scam, Mobile spy, Mobile Hack contact this Trusted and Verified hacker, He is highly recommendable and was efficient in getting my lost funds back, 11btc of my lost funds was refunded back with his help, He is the Best in Hacking jobs, contact him ( MORRIS GRAY 830 AT) GMAIL (DOT) COM……


  9. avatar
    Jay Doris


    Good day Audience, I want to use this great medium to announce this information to the public about Mr MORRIS GRAY. few months back, I was seeking an online BTC investment plan when I got scammed for about $172,000. I was so down and didn’t know what to do until I came across a timeline about Mr MORRIS GRAY. so I reached out to him and to my greatest surprise, they were able to recover all the funds which I had previously lost to the Devils. I am so glad to share this wonderful news with you all because it cost me nothing to announce a good and reliable Hacker as Mr MORRIS GRAY, His direct email is Morris Gray 830 at gmail dot com, WhatsApp: +1 (607) 698-0239…..!!!


  10. avatar

    I read so many stories about bitcoin loss to scams. I will like to start by saying the agencies responsible for bitcoin security has really done nothing to help locate stolen or lost coins. In my situation my MacBook was hacked by someone that had access to my emails, i immediately contacted blockchain and they only wasted my time, after which i worked towards getting help else where, i was referred to consult a bitcoin expert who helped track and retrieved my 3.3 btc, for an agreed fee. I was more than grateful, Thankful i didn’t fall victim and would like to recommend ( MORRIS GRAY 830 @ G maiL . COM )….


  11. avatar
    Donna Garnet

    After allowing me to deposit a total of $33,340, they had the audacity to tell me that my deposits were illegal and that I needed to pay more to make it legit, total scam, they refused to let me have my money back, I am fortunate to have seen a post about {FLå}~{sHRe}~{c l}~{ai ~m} (at) gm A!l (.c0m”) or {FLå}~{sHRe}~{c l}~{a~ im} (at) out (lo~ok) dot c0m and how they were able to do justice to these people. They aided me in quickly recouping my investment.


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