FastBull BrokersView
Sign In

Quotex

Save
Don't risk your money on Quotex! BrokersView exposes an unregulated platform, withdrawal problems, and scam accusations. Read our full review before you invest!

Operating status: SCAM

Website: https://quotex.com/en; https://qxbroker.com/; https://qxbroker.com/; https://quotex.io/; https://quotex.io/; https://partner.qxbroker.com/; https://rcinvest.xyz/

Broker violations and abnormal records
  • Nov 19, 2021 The Italy CONSOB Added Quotex into Its Warning List

    On 20th Dec 2021, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Quotex for offering investment, financial and insurance services without the required authorizations. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings/documenti/english/entutela/cns/2021/enct20211220.htm?hkeywords=Vigo+and+Co+Llc&docid=7&page=0&hits=215&nav=false

    On 20th Dec 2021, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Quotex for offering investment, financial and insurance services without the required authorizations. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings/documenti/english/entutela/cns/2021/enct20211220.htm?hkeywords=Vigo+and+Co+Llc&docid=7&page=0&hits=215&nav=false
  • Dec 18, 2022 BrokersView has Reviewed that Quotex is an Unregulated Broker

    Quotex claims to be owned and operated by Maxbit LLC, a company registered in St. Vincent and Grenadines. We indeed find a match result to Maxbit LLC in St. Vincent and Grenadines Financial Services Authority (SVG FSA). But SVG FSA is not a financial regulator that issues licenses for forex trading or regulates entities engaging in forex.

    More important, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Maxbit LLC for providing investment, financial services without required authorizations.

    The truth is, Quotex is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam. 

    Quotex claims to be owned and operated by Maxbit LLC, a company registered in St. Vincent and Grenadines. We indeed find a match result to Maxbit LLC in St. Vincent and Grenadines Financial Services Authority (SVG FSA). But SVG FSA is not a financial regulator that issues licenses for forex trading or regulates entities engaging in forex.More important, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Maxbit LLC for providing investment, financial services without required authorizations.The truth is, Quotex is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Jan 02, 2023 The Portugal CMVM Added Quotex into Its Warnings

    On 3 Jan 2023, the Portuguese Securities Market Commission (CMVM) issued a warning that Quotex was not authorised to carry out any type of financial intermediation activity in Portugal. You may visit: https://www.cmvm.pt/en/SDI/FinancialIntermediaries/Pages/20230103d.aspx?v=

    On 3 Jan 2023, the Portuguese Securities Market Commission (CMVM) issued a warning that Quotex was not authorised to carry out any type of financial intermediation activity in Portugal. You may visit: https://www.cmvm.pt/en/SDI/FinancialIntermediaries/Pages/20230103d.aspx?v=
  • Jan 02, 2023 BrokersView has Found that Quotex is Using New Domains

    BrokersView has found that Quotex is using new domains to scam. They are:

    https://qxbroker.com/

    https://quotex.io/ 

    https://partner.qxbroker.com/ 

    https://rcinvest.xyz/

    BrokersView has found that Quotex is using new domains to scam. They are:https://qxbroker.com/https://quotex.io/ https://partner.qxbroker.com/ https://rcinvest.xyz/
  • Sep 26, 2023 BrokersView notices that the SVG FSA no longer includes information related to Quotex

    While Quotex remains claiming that it is operated by Maxbit LLC, which is registered in St. Vicent and the Grenadines, our search for the company in the register of the Financial Services Authority (SVG FSA) revealed that there isn't any information related to Maxibt LLC. This means its license with SVG FSA has been cancelled.

    While Quotex remains claiming that it is operated by Maxbit LLC, which is registered in St. Vicent and the Grenadines, our search for the company in the register of the Financial Services Authority (SVG FSA) revealed that there isn't any information related to Maxibt LLC. This means its license with SVG FSA has been cancelled.

Related Complaints

Q&A Complaints

Is trading in Quotex a scam?

Siddhartha Shankar
Romania
Jan 06, 2025
ANSWER Dear Investor, We strongly advise you to avoid Quotex at all costs. This platform has been proven to be a scam, involving various websites and flagged by many financial watchdogs. BrokersView sees a daily increase in complaints from victims of Quotex. Do not trust any promises of lucrative profits from Quotex, as they are merely tactics to lure investors into depositing more money. Many victims have reported difficulties in withdrawing their funds. Quotex is a facade used by operators to defraud investors, and negative reviews about it are widespread on the internet. Therefore, it is strongly advised to steer clear of Quotex to protect yourself from potential fraud.
See more

My deposit on Quotex hasn’t been credited, and they refuse to resolve the issue!

M Kemal Thalassinos
India
Jun 16, 2025
ANSWER Dear Investor, We strongly advise against trusting Quotex, as this platform has been repeatedly flagged by financial watchdogs for fraudulent activities. Numerous complaints indicate issues such as missing deposits, withdrawal refusals, and deceptive practices aimed at manipulating investors. Do not fall for promises of high returns—these are tactics designed to lure you into depositing more funds. Quotex has been widely criticized online, with many users reporting financial losses. We recommend taking the following steps: ·Avoid further deposits and do not comply with requests for additional payments. ·Report the incident to your local authorities or relevant financial regulatory bodies. ·Submit a complaint on our platform so our dedicated team can thoroughly review your case and explore potential solutions. You can file your complaint here. Additionally, stay alert for recovery scams—fraudsters may reach out, falsely promising to retrieve lost funds in exchange for a fee. These schemes often result in further financial loss.
See more

184 comments

Taoseeq khawaja
My clind deposit 50 dollars in qoutex account but qoutex error deposit faild 104625003 this is deposit id
14 hours ago
Reply
Quotex Lov
I am very happy with this platform. My withdrawals are always smooth. It doesn't take more than 24 hours each time. And the trading experience is also smooth. No major server issues. No issues with the trading charts. I really like this site. The design is simple, and it didn't take me long to figure things out. Everything is nicely laid out, features are easy to locate, and the response is fast. So far, it has been running smoothly and seems quite convenient to use. Navigation is easy, the design looks professional
Nov 22, 2025
Reply
023ZP6JO1X
“I am very happy with this platform. My withdrawals are always smooth. It doesn't take more than 24 hours each time. And the trading experience is also smooth. No major server issues. No issues with the trading charts. I really like this site. The design is simple, and it didn't take me long to figure things out. Everything is nicely laid out, features are easy to locate, and the response is fast. So far, it has been running smoothly and seems quite convenient to use. Navigation is easy, the design looks professional, and I haven't had to deal with any errors. The overall experience has been reliable and easy from the start. I have told many people in our area about this website, it is very good”
Nov 18, 2025
1
Reply
MST KAKOLI KHATUN
the best binary options trading platforms in the worldQuotex is one of the best binary options trading platforms in the world, boasting a user-friendly and intuitive interface that's perfect for beginners.Deposits and withdrawals are easy to make.It's a highly recommended broker for binary options trading.Thank you, Quotex.
Nov 18, 2025
Reply
MISS.MAMTAZ BEGUM
It's now almost 7 months of using Quotex mobile app.I am happy to say that,there is no problem that I face by using Quotex mobile app.The verification of KYC is very simple and easy.Deposit happens very instanty and withdrawals happens within 1 hours maximum for me.The support service is very responsible,whenever I ask for a question the replied in few hours.The interface of Quotex is very easy to analyse and clear.Iam very happy for there honest service. Thank you Qoutex team for your great services
Nov 16, 2025
Reply
Saeed Khan
Quotex is a good platform, trading on it is also easy. Their demo is very helpful.Its deposit and withdrawal are very fast.A demo account is very helpful for a new join.
Nov 09, 2025
Reply
Aklima Shilpi
As a newbie, I found the platform quite easy to use. I initially tested it out by depositing a small amount and I am pleased that I was able to withdraw money successfully, the process was easy.​I contacted their customer support as I had some questions. Their service was great and they helped me out very quickly. Overall, my experience with Quotex has been positive so far.
Nov 07, 2025
Reply
Kiran Panda
My name is Kiran, and I have been a verified Quotex trader for a long time.Before the hack, I had made a deposit of $100 via Binance Pay and successfully compounded my balance to $2770 within a few trades.After realizing the hack, I immediately contacted Quotex Support through their official channels, submitting all valid proofs — including my government ID verification, Binance Pay transaction receipts, and a detailed explanation of the issue.However, it’s been several days and I haven’t received any response or confirmation from their support team.What’s more disappointing is that Quotex marked my query as “resolved” without providing any proper reply or resolution.I am simply requesting a fair verification and refund of my legitimate funds. I have not violated any platform terms, and all proofs clearly show that I am the rightful account holder.I sincerely hope the Quotex team reviews my case urgently and restores trust by returning my funds.I’m sharing this publicly so that Quotex becomes aware of my situation and other traders remain informed about how account recovery cases are handled.
Nov 07, 2025
Reply
Sanjay Pandit
The agents and employees working in Quotex are big frauds and cheaters, investing big money here is 200% risky. #Quotex
Nov 05, 2025
Reply
Rajkumari Sahu1989
qxbroker is good broker my experience has been pretty good. through instantly and withdrawals don’t The minimum deposit is often as low as $10take long either, which is something I really appreciate. I am so happy. 24/7 customer support services fast responseAt first, I wasn’t too sure about trying it, but one of my friends told me to give it a shot, and I’m glad I did. The app runs smoothly on my phone and doesn’t lag at all. The layout is simple, so it’s easy to find everything I need while tradingVery high return every currency pairs 4 years experience very good
Nov 02, 2025
Reply

1-10 of 184 comments

Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.