In this section we will tell you why You should NOT invest in Quotex. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Quotex and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | quotex.io | qxbroker.com |
| 🏠 Company* | Maxbit LLC |
| ️ Regulation | Not regulated |
| contact from the web page form | |
| 📈 Platform | own platform |
| 📌 Address | San Vicente y las Grenadines |
⚠️ Quotex is owned by Maxbit LLC, the company it's located in San Vicente y las Grenadines, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
Now we move on to analyze the account types that Quotex offers, in this case, we note that it does not offer account types.
Information on the web
Quotex provides a brief explanation about the services it offers, market news and analysis, FAQ section, not much else.
List of phone numbers
At the moment we have not found phone numbers.
🚫 Quotex Final Valuation 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Quotex.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Quotex Video Review
updates
News about Quotex:
| Date | Update – news |
|---|---|
| June 2021 | Complaint against Quotex of CNMV. |
| December 2021 | Complaint against Quotex of CONSOB. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Quotex.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Quotex
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Quotex
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
Frequently Asked Questions
How can I report Quotex?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Quotex a scam – is it scam?
Yes. We believe Quotex is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Quotex trustworthy?
No. Quotex is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to get money back from Quotex?
If you want to know how to recover your capital, you can see it here!. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Quotex?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
Good morning, I have been trading for a little over 2 years, it never caught my attention to open an account with this broker but due to the recommendations of other traders I made the decision to activate an account with them and I share that it was impossible, I sent the scanned documentation and they always told me not to send photos, since from the outset this is a symptom that getting the money will be a problem. Basically with the last response they sent me they treated me like a brute who can't read. That type of response is not from a professional broker or at least from one that wants to attract clients.
Hello Roberto, they are gangsters, thanks for commenting on Quotex. This broker is a SCAM. the CNMV (Financial Regulator of Spain) (see CNMV link) and CONSOB (Italian Financial Regulator) (see CONSOB link) have reported Quotex for fraudulent activities. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Hello, I have been waiting for days for a withdrawal from quotex to my bank account, they have given me all kinds of problems to make the withdrawal, I need help.
My email is [email protected]
Hello, were you able to withdraw your funds?
this broker sucks!!!
Hi Jeronimo, thanks for commenting on Quotex. This broker is a SCAM. the CNMV (Financial Regulator of Spain) (see CNMV link) and CONSOB (Italian Financial Regulator) (see CONSOB link) have reported Quotex for fraudulent activities. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
They will steal everything you invest!!!
Hi Marian, thanks for commenting on Quotex. This broker is a SCAM. the CNMV (Financial Regulator of Spain) (see CNMV link) and CONSOB (Italian Financial Regulator) (see CONSOB link) have reported Quotex for fraudulent activities. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
I opened a new account with the Quotex platform for $100 and after 3 days it no longer let me log in to my account.
The pin code does not reach my email to enter my account.
They stole my money
Hi Carlos, thanks for commenting on Quotex. This broker is a SCAM. the CNMV (Financial Regulator of Spain) (see CNMV link) and CONSOB (Italian Financial Regulator) (see CONSOB link) have reported Quotex for fraudulent activities. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
A Quotex is a great fraud, my wife and my wife did not fall for these bandits, they use famous people in the financial market in various countries of the world to make propaganda to apply their blows, the charts never beat as they do trade view.
Hi Johnny, thanks for commenting on Quotex. This broker is a SCAM. the CNMV (Financial Regulator of Spain) (see CNMV link) and CONSOB (Italian Financial Regulator) (see CONSOB link) have reported Quotex for fraudulent activities. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
When you withdraw you realize that everything has been a hoax, a scam, a giant lie...
Hi Mercedes, thanks for commenting on Quotex. This broker is a SCAM. the CNMV (Financial Regulator of Spain) (see CNMV link) and CONSOB (Italian Financial Regulator) (see CONSOB link) have reported Quotex for fraudulent activities. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.