Quotex is a new digital options broker, founded in 2019. The platform offers copy trading and market signals. Our review details deposits and withdrawal methods, fees, customer support, bonuses and assets. The demo account is a great risk free option to try the brand.
Quotex is a brand name of Awesomo Ltd. The company is registered in the Seychelles, and regulated by the International Financial Market Relations Regulation Centre (IFMRRC).
Is QUOTEX a scam? No, QUOTEX is not a scam . If you are thinking of operating with this broker, the logical thing is that you do what we all do: “Google it”. Then you will see that many pages appear in which the legality of this trading platform is questioned.
Quotex launched the project in 2019, but has already managed to declare itself. Each of our developers is a specialist of the highest level with many years of experience. Some of them gave more than 10 years of their life to upgrade their development skills, and the team's total experience is 200 years.This experience helped us to find the best mechanisms to create a modern platform.
Quotex is a brand name of Awesomo Ltd. The company is registered in the Seychelles, and regulated by the International Financial Market Relations Regulation Centre (IFMRRC).
Trading Platform Quotex
They has created not just another project for traders. First of all, Quotex developed a platform for the widest possible audience. For people who want to learn how to use advanced financial instruments and develop their financial skills.
Speaking of tools. QUOTEX provides over 400 free tools to each client so that you can trade and earn money the way you like. Choose any assets: currency quotes, stocks, majors, metals, oil or gas, as well as the main trend of recent years – cryptocurrencies.
If you want to see the complete list of assets available on this broker's trading platform, we recommend you visit Quotex. To do this, you just have to click on the button at the top.
The QUOTEX trading platform can be accessed and traded from the web, with no download required. But if you want to always carry it with you, you can download the app available for iPhone and Android that will allow you to carry out your operations on QUOTEX from mobile devices.
The platform offers quick and slick access to the asst list and trading options. A drop down asset list allows traders to select a market, and they can sort by payout (over 1 minute, or 5 minute options)
Selecting an asset displays its live price chart, and traders can view the data in multiple graphs in timeframes from five seconds to a day.
Advanced charting options include a range of indicators such as Bollinger bands and Moving Averages.
There are also copy trading and trader leaderboards, plus market signals. Traders should proceed with caution when not actively monitoring their trades however.
In the download section there are options for computers and mobiles: in the case of Mac it is compatible with the OS X operating system; if it is Windows it works with 7, 8, 8.1 and 10. The perfect thing would be to have 4 GB of memory – but with 2 it is usually enough – and a little more than 17 megabytes of disk space. Make sure you have this space before installing your trading app.
Available platforms
Trading platform
Available
Quotex Platforms
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Web
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Mobile
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Quotex commissions
There is currently a 40% deposit bonus offer with Quotex. As ever, read the terms and conditions and ensure the bonus will suit the strategy you want to use.
Quotex Demo Account?
At we recommend (especially if you are new to the world of online trading) to start trading without real money. Quotex gives the option of opening a free demo account for which you only need to register on its website. Once you have done it, you will receive 1,000 virtual dollars so that you can get practice without using real money. Try it “fake” until you are ready to play it “for real”.
Deposit and withdraw funds
The minimum deposit at Quotex is $ 10 and the maximum is $ 20,000. However, there are several deposit methods with different characteristics:
Card (Visa or Mastercard), Skrill, Neteller, WebMoney,… : the minimum deposit is 10 EUR, 10 GBP or 10 USD and the transaction is done instantly.
Sofort : Minimum deposit of EUR 10, GBP 10 or USD 10 and between 1 and 5 minutes to complete the process.
Bank transfer: minimum deposit of 10 EUR, 10 GBP or 12 USD and 3 to 5 business days to complete.
Fees There is no commission while trading digital options at Quotex. There are also no margin requirements, and therefore no leverage on these products. There are no fees for withdrawals
A good offer in terms of payment methods is something to take into account when deciding to work with a broker and Quotex is a good option in this regard. Make sure to review all the available payment methods before you start trading as these may vary depending on your place of residence. This mainly affects electronic wallets.
Conclusions and opinion about Quotex
Traders will appreciate the following advantages:
Bespoke, entertaining trading platform.
Low minimum deposit
Quick Access Demo Account
40% Deposit Bonus (Read T&Cs)
Quotex offers 400+ assets for digital options trading:
Currencies – 27 forex pairs, from majors to exotics
Cryptocurrency – Litecoin, BTC (Bitcoin), Ripple, and Ethereum coins
Indices – 15 leading exchanges including the FTSE 100 and Dow Jones
Commodities – Gold, silver and oil, among other popular energies and metals
Registered address is Awesomo Limited, Republic of Seychelles, Mahe Island, Victoria City, Francis Rachel Street, Sound & Vision House, 2nd Floor, Office 1.
Security
The company maintains high security standards and uses specialised technologies to safeguard client information. The broker does not sell or otherwise disclose personal data to third parties.
Conclusion
Quotex offer an enticing platform and the quick access demo account means traders can check it out before parting with any details or funding an account, This is a key point for a new brand trying to grow.
We have had minimal feedback on the brand so far, but regulation in the Seychelles offers some protection. The 40% bonus is a rare treat among brokers.
Finally we would like to mention the risk notice of this broker: CFD service. Up to 80.6% of retail clients lose money with this broker. CFDs are complex instruments that carry risks of losing money due to leverage.
Frequent questions
What is the minimum deposit amount?
The advantage of the Company’s trading platform is that you don’t have to deposit large amounts to your account. You can start trading by investing a small amount of money. The minimum deposit is 10 US dollars.
How to withdraw money from the account?
The procedure for withdrawing capital is extremely simple and is carried out through your individual account.
The method that you have chosen to deposit the account is also a method of withdrawing funds (see the question “How can I deposit?”).
For example, if you made a deposit to your account via the Visa payment system, you will also withdraw money via the Visa payment system.
When it comes to the withdrawal of a sufficiently large amount, the Company may request verification (verification is requested at the Company's sole discretion), which is why it is very important to register an account individually for yourself in order to confirm your rights to it at any time.
Is there any fee for depositing or withdrawing funds from the account?
No. The company does not charge any fee for either the deposit or for the withdrawal operations.
However, it is worth considering that payment systems can charge their fee and use the internal currency conversion rate.
DO YOU HAVE A DEMO ACCOUNT?
Quotex offer quick access to a demo account. This is available directly from the homepage, and the trading platform can be trialled in seconds.
What is the minimum deposit on Quotex?
The advantage of the Company’s trading platform is that you don’t have to deposit large amounts to your account. You can start trading by investing a small amount of money. The minimum deposit is 10 US dollars.
