|Binary options broker|
|Date of foundation|
Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles
|The owner of the company|
|Types of support|
Email: [email protected]
Feedback form on the site
Tickets in my personal cabinet
English, Spanish, German, Portuguese, Russian, Ukrainian, etc.
|Min. first deposit|
From 10 USD
From 1 USD
Approval - up to 7 days, payment - from 1 to 5 days
To 98 %
|Free Demo Account|
|Types of options|
|Types of accounts|
|Methods of replenishment|
Bank card (Visa/MC), Cryptocurrencies, Perfect Money, Piastrix, Qiwi, FK Wallet
Bank card (Visa/MC), Cryptocurrencies, Perfect Money, Piastrix, Qiwi, FK Wallet
|Number of assets|
|Types of assets|
Currency pairs25 pairs
Raw materialsBrent, Uscrude
Precious metalsGold, silver
|Number of indicators|
USD, EUR, RUB, UAH, BTC, BRL, etc.
From 1 minuteIn digital options, the client himself determines the time of the transaction
Has mobile apps (Android)
|Tournaments / contests|
Individual consultations, webinars, seminars, school of finance
RegistrationUp to 80% of profit or up to 7% of turnover received from the attracted client
Trading digital options, betting on prices going up or down, not specific values
A small threshold for entry
No trading commissions and demo account
Cashback for deposits from 100 USD and promo codes with bonus units
Free Trading Signals
Conversion through the dollar with commissions
Little information about trading conditions before registration
Legal name: Awesomo Limited
Legal address: Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles
|Date of update|
Quotex is it a scam? Reviews and description
- 1. Terms of trading at qxbroker.com
- 2. Quotex platform
- 3. Quotex Demo Account
- 4. Mobile application
- 5. Bonuses at Quotex
- 6. Deposit and withdrawal
- 7. Complaints about Quotex
- 8. Quotex regulator
- 9. Is Quotex a scam?
- 10. Conclusion
- 11. reviews
Quotex registered in the fall of 2020. But the website lists 2019 as the company's founding year. The territory of operation is the whole world. Any adult capable person can become its client. The main condition is the registration of one profile for one person. It is noteworthy that previously the terminal was at quotex.com, but now it can be found at this link quotex-broker.com.
The conditions are simple and straightforward: you register in 1 step and use the online terminal. There is no need to download anything. The claimed amount of profit - up to 98% of the amount of investment. Is the service provider honest with consumers and does he always pay? Binary options broker Is Quotex a scam or a serious project? Let's try to find out, relying on the available facts.
Terms of trading at qxbroker.com
Customers can open 2 types of accounts:
- Demo. Training, with 10,000 conditional units on the balance.
- Trade. The real account - you need to replenish with your own funds.
The terminal in both cases is the same, the only difference is the openness of the functionality: some options will open only after depositing money. The latter opens in U.S. dollars, despite the currency options offered at the beginning of registration: euros, reals, and bitcoins. And already in the personal account (section "Profile") one type of currency is changed to another.
The broker, as we said, specializes in digital options. It does not charge commissions for the execution of transactions. Assets offered: currency pairs, cryptocurrencyThe trading volume of the trading robots is also very high. There are 80 of them in total, but some of them are allowed to trade after the deposit of the balance and transition from demo to real trading. The minimum bet is 1 dollar. The expiry period is set by you manually and practically without any restrictions. Although Quotex does not allow you to set less than 1 minute so that the order does not turn into a frankly loss-making one. Analytical and training materials are not available on the website or in the personal cabinet. The information on qxbroker.com In general, the bare minimum: only legal documentation, contacts and knowledge base (FAQ).
All the most important things are in the personal cabinet: after registering, the trader uses the system of bonuses, can communicate with a representative of the company in the online chat or create a ticket. Support is also provided by e-mail and social networks, through community administrators. Answers to common questions are given in the knowledge base - FAQ. Trading signals are available (usually 5-6 active recommendations). And asset rating - set based on the volume of profits received by users and is updated every day.
The company offers an in-house developed terminal. This is a web version of the platform adapted to work from devices on different OS, with different screen resolutions and from all major browsers. Possibilities and options of the terminal:
- 4 types of graphs (Haiken Ashi et al.).
- 14 timeframes.
- 17 trend figures.
- 9 indices and 15 oscillators.
- The history of transactions in the quick access.
- Marks the order opening and closing directly on the chart.
- Summary of the dynamics of the rate and yield for each pair of assets.
Security is provided by KYC and AML protocols. Identity card and proof of residency (receipts, bank statements, etc.) are provided for verification.
The broker gives access to 25 currency pairs - combinations of euro, Australian, American, Canadian and New Zealand dollars, euro, Japanese yen, British pound and Swiss franc. To 2 cryptocurrency units: bitcoin, ether. To 4 commodities: oil (Brent, uscrude), gold, silver. And 15 indices. The qxbroker.com website doesn't say where the quotes come from. And it's hard to check their accuracy. It is left to rely on reviews.
Quotex Demo Account
To practice and explore the features of the platform without risking your personal funds, "Quotex" offers to open a free demo account and download a demo version of the terminal (option trading training). You will be given 10,000 c.u. to trade. The button of registration is displayed on the main page. By clicking on it, confirm your desire to trade without risk. And you will be redirected to the platform. And when you decide you're ready to trade with real money, you can open a trading account.
The platform has a mobile application available for download from Google Play. The app is rated 4.3 stars and has a user-friendly, thoughtful design and a wide range of features.
Bonuses at Quotex
Among bonuses Quotex offers not only an affiliate program, but also cashback for refills, percentage of turnover and promo codes with bonus units. Let's dwell on each variety in more detail.
Cashback on deposit
The first time you make a deposit over $100, you'll get a 30% cashback. It is used for trading. It can be withdrawn if you fulfill the conditions of the promotion. Otherwise, the bonus funds (and the c.u. earned with them) will be burned. In the future, Quotex may send other promo codes as well - with cashback on deposits from 10 to 80%. Everything will depend on the specific promotion.
In my personal account on the website qxbroker.com there is a kind of hall of fame. In it is published a list of bonus options that will be opened to you if the administration of the platform sends the appropriate promo code. These can be:
- "Cancel trade" is a rejection at any time if you have not hedged.
- "Percent of turnover" - charging interest for each opening.
- "Cancel X pips" - cancellation of a losing trade with a difference of several pips.
Legal entities and individuals can participate in the affiliate program. The goal is to attract new traders to qxbroker.com website. A partner can earn up to 80% from the profit, which the company receives due to his actions, or up to 7% from the total turnover from the attracted people. The order of work is as follows:
- The partner registers a personal account and sees his unique affiliate link in it.
- The link is placed on any resource where it is not prohibited by law and does not violate the rights of users.
- Every passing by the link to qxbroker.com is registered by the system and reflected in the statistics of the Personal Area.
- If the migrated user has replenished the funds and started trading, the partner receives remuneration (the rate we mentioned above).
Deposit and withdrawal
On the site qxbroker.com the "Regulation on non-trading operations" was published. The document establishes the conditions for deposit and withdrawal of funds. According to its provisions, the following types of payments are available:
- Bank cards VISA, MasterCard.
- Electronic wallets Qiwi, Perfect Money etc. (the list depends on the region where the user lives).
- Cryptocurrencies (LTC, ETH, BTC, Zcash, USDT, Ripple, Coinbase, etc.).
Since trade is conducted in dollars, conversion for residents of other countries is an unavoidable procedure. The service provider exchanges c.u.s. at the internal rate. And notes that payment agents, in turn, can also convert the currency, but on their own terms. All charges are paid by the account owner. It is possible to link a card to the account using the 1-Click option. This is done at the stage of making a payment by checking the appropriate item.
The minimum deposit/withdrawal amount is $10. If fiat is withdrawn into cryptocurrency, the lower limit is 50 USD. Although, in the regulations, the administration has the right to set limits for you at its discretion. You apply from your personal wallet, and tech support will process it within 7 days (if there is any technical problem or suspicion of fraud the period may be extended). Pay attention to the fact that you need to choose the same input and output methods: if you deposited US dollars from a card you will have to withdraw them too. After approval by the administration payment itself should take from 1 to 5 days.
Complaints about Quotex
Quotex has collected very good reviews about itself - both on international reputable review sites and among reviewers. The company's rating does not fall below 4 points out of 5. Traders note the convenience and functionality of the platform, the fast execution of transactions and friendly support. The fact that the young broker has collected several hundred reviews is a little alarming, but does not give a serious reason to suspect fraud.
If there are any reviews about Quotex binary options broker, we will definitely publish the information on social networks. Sign up so you won't miss anything!
Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!
The legal name of the organization is Awesomo Limited. It is registered in the Seychelles. The registration number is 221042. There are no public databases where this could be verified...
qxbroker.com User Agreement
The qxbroker.com User Agreement, "Service Agreement (Offer)", is in the public domain. You can get acquainted with the document before registration. And, to make it easier for you, we've broken down its main provisions. For example, you may be refused registration without giving a reason. This is stated in clause 2.3.
You warrant that you are not a civil servant and are not associated with politics. You must provide true information about yourself (clause 4.4). And perform all trading operations personally and with your own details (clause 4.5).
It is forbidden to disclose any internal information obtained as a result of using the platform. And to use it to cause damage to the latter. Such wording can even mean a ban on posting feedback using correspondence with the support team or screenshots from the account. If you behave inappropriately toward Quotex representatives, your agreement may be terminated. Even if the company or its partners will benefit from the transaction you make, they may act at their own discretion and not warn you about their actions (clause 4.20).
The information you provided when registering must be kept up to date. About all changes you need to write to support within 3 days from the date of changes. Any of your application has the right not to execute. It is not obliged to explain the reasons and notify you in advance (clause 5.11).
Nor is Quotex liable for any information posted on the site or in the app. Even if it caused losses. The latter has to check the veracity of the data himself. All legal issues between the company and individuals are resolved on the basis of the laws of the Seychelles. If a claim arises, it should be sent no later than 5 days from the date it is stated (clause 9.2).
There are strict requirements for the preparation of the claim: references to the circumstances of the case and the conditions referred to by the trader, evidence, etc. The broker may not accept a claim containing insults, profanity, disrespectful statements, as well as theses lacking arguments. The company can make changes in the agreement, which come into force, even if they were not warned about them in advance (clause 12.1).
Is Quotex a scam?
Quotex - is a young representative of the industry. Despite the year 2019 indicated on the site, the company received an official certificate only at the end of 2020. Reviews about the representative of the market are good: their authors write about the fast execution of transactions, the decency of the support service and the absence of problems with payments. However, the user agreement cannot please with loyalty to the trader. It contains many clauses that restrain the clients hand and foot.
Thus, the broker has the right to simply, without giving a reason, cancel any application. And if it considers that the trader behaved inappropriately, it may even block the account without compensation for the funds on it. Claims regarding transactions have to be submitted within 5 days after the incident, and there are a lot of conditions in them. To a person who doesn't know the legal intricacies, all of this can seem very complicated. Not to mention the fact that issues are resolved on the basis of the laws of the Seychelles,. We cannot claim categorically that qxbroker.com is a scam. But we still recommend to take a closer look at the platform and start working with it for small amounts.
Quotex offers digital options trading. Which for the trader means the possibility with a higher probability of getting into the black. The main thing is to understand in which direction the chart will move, and not to what point it will reach. The minimum deposit is only 10 dollars. There is a training account, it allows you to learn the platform and hone your skills without investing personal funds. The broker has recently entered the market, but there are already many positive reviews. Including - on the international sites with a good trust index.
But the legal documents used by the service provider cannot be called loyal. The company provides itself with security by setting such strict restrictions that at any time it can find an excuse to stop working with the trader, leaving his money. And this is a big disadvantage. The conformity certificate of the CSRFM also does not arouse confidence: the regulator does not make stringent requirements for applicants and there are no examples where it has protected the rights of consumers and not of service providers.
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