Is trading in Quotex a scam?

Is trading in Quotex a scam?

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.