Quotex Review 2025

Quotex, a binary trading platform, provides its services via 3 live account types [Standard, Pro, VIP]; the third one provides a maximum return of 98%.

The company does not charge its clients with any kind of fees [deposit, withdrawal, inactivity, trading]. The binary broker's platform enables access to over 30 technical indicators and oscillators.

Quotex Binary Option [Company Information]

This broker is owned and operated by ON SPOT LLC GROUP, a company based in St. Kitts and Nevis. Key features of Quotex:

• Minimum deposit of just $10
• Maximum payout of up to 98% on successful trades
• Free demo account for practice trading
• trading education resources;
• Mobile trading app for Android devices
• Attractive 30% deposit bonus for new traders

With multiple expiry times ranging from 1 minute to over a month, Quotex caters to various trading styles and strategies. The platform is entirely web-based, eliminating the need for software downloads and ensuring accessibility across devices.

Regulatory warning: The Financial Commission has issued a warning concerning Quotex (Quotex LTD) following complaints from traders. Based on evidence submitted by users, the platform and its associated website are suspected of engaging in deceptive practices intended to mislead or defraud investors.

The Commission has officially flagged Quotex and individuals representing the brand, whether through social media channels or private messaging apps, as potentially harmful to traders.

As a result, Quotex has been added to the Financial Commission’s Warning List, signaling a strong advisory against any financial dealings with this entity.

Key Specifications

At the table below, we have prepared a summary of the most important specifications of Quotex, one of the most reliable binary option brokers, at a glance:

Account Types

The broker offers a straightforward account structure to cater to different trader profiles. Let's explore the three main Quotex account types available:

• Standard
• Pro
• VIP

Standard Account

The Standard Account is the entry-level Option for traders on Quotex. It's designed for beginners and those who prefer a simple trading experience. Key features include:

• Minimum deposit: $10;
• Access to all tradable assets;
• Basic trading tools and indicators;
• Standard customer support.

This account type is ideal for those just starting their trading journey or who prefer to trade with smaller amounts.

Pro Account

The Pro Account is tailored for more experienced traders who require advanced features and better trading conditions. You can access it with a $1,000 minimum deposit. Highlights of this account include:

• Enhanced payout rates;
• Access to advanced trading tools and indicators;
• Priority customer support;
• Personalized trading sessions with experts.

Pro Account holders benefit from improved trading conditions and additional resources to optimize their trading strategies.

VIP Account

The VIP Account is Quotex's premium offering, designed for high-volume and professional traders. You need at least a5,000 USD deposit in order to access this one. Key benefits include:

• Highest payout rates (up to 98%);
• Full access to all trading tools and features;
• Dedicated account manager;
• Exclusive market insights and analysis;
• Customized trading conditions.

Quotex Account Types Comparison

The table below helps you better understand the trading conditions for each Quotex account.

Quotex Demo Account

Quotex provides a demo account designed to help traders of all levels sharpen their strategies without financial risk. With $10,000 in virtual funds, users can simulate real trading scenarios, test platform features, and explore market dynamics in a safe environment.

The interface is intuitive, and there's no expiration on demo usage, allowing unlimited practice across a broad selection of tradable assets.

Registration and Verification

Getting started with Quotex is not a complex process. Here's a step-by-step guide to Quotex registration:

#1 Access the Quotex Platform

Visit the official Quotex broker website and click on “Sign Up” or “Create a Free Account.” This takes you to the secure account creation page.

#2 Fill in Your Details

Choose your country of residence, preferred account currency, and enter your email along with a strong password (using uppercase, lowercase, digits, and symbols). Accept the platform’s terms to proceed with registration.

#3 Email Verification

Navigate to your profile to verify your email. If marked "Unverified", check your inbox for a confirmation link. Didn’t receive it? Use the Resend option and confirm through the email prompt.

For Qoutex verification, first verify your email address by clicking on the link sent to your inbox, and upload the necessary documents such as a passport, driver's license, or ID card.

Bonus and Promo Codes

Quotex offers attractive bonuses and promotions to both new and existing traders. Here are some of the key offers for Quotex bonuses:

This broker also offers seasonal promotions and loyalty programs.

Quotex 30% Welcome Deposit Bonus

Quotex offers several promotional incentives tailored to reward deposits and user engagement. The deposit bonus varies between 20% and 35%, depending on the amount you fund, starting at $60 for a 20% boost and scaling up to a 35% bonus on deposits of $300 or more, capped at $500 total.

Quotex Risk-free Trades

Traders can benefit from a $3 risk-free trade by posting a public review about Quotex on social media, after which they receive a promo code to cover potential losses.

Quotex Promo Codes

For larger bonuses, exclusive promo codes are regularly shared on the official Quotex Telegram channel. These limited-time offers can grant up to 70% extra on deposits, but require a minimum deposit of $100. To access these, users need to join the channel and search for “Bonus”.

Commission and Fees

Quotex maintains a transparent fee structure, which is crucial for traders to understand their costs. This broker does not charge any fees for deposits, withdrawals, inactivity, or trading. In other words, there is no fee on this platform, and you will not encounter any hidden fees. 

Quotex Trading Platform

Quotex delivers a proprietary trading experience tailored for both web and mobile users, enabling access to over 400 financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies. With a minimalist layout and a swift execution engine, it serves as an efficient tool for digital options traders at all skill levels.

Trading Panel

The trading panel, located in the top right corner of the interface, allows traders to open trades, set the duration, specify the investment amount, and check active orders.

Drawing Tools

The platform provides access to various drawing tools (such as rectangles, lines, arcs, curves, Pitchfork, Gann Box, and more) suitable for performing technical analysis on the chart.

Multiple Timeframes

Traders can change the charts' time frame from 1 minute up to 1 day, allowing a more comprehensive technical analysis.

Built-in Indicators

Quotex supports a range of integrated technical indicators such as MACD, RSI, and Bollinger Bands. It also offers drawing tools including Fibonacci retracement, trend lines, and pitchforks, supporting advanced chart-based strategies within the platform’s native environment.

Cabinet Options

The Quotex dashboard serves as a centralized hub for managing your entire trading journey. Whether you're switching between real and demo accounts, customizing interface settings, or tracking asset performance, every tool is intuitively integrated for fast and efficient access.

Traders can execute orders, review trading history, monitor live tournaments, and use advanced tools such as trading signals and analytics, all in one seamless interface.

Real & Demo Account Management

Users can easily toggle between live trading accounts and demo accounts with a single click. The live section includes instant access to deposit, withdrawal, and transaction history, while also providing a clear overview of current and past trades.

Asset Selection

By clicking the “Add” button, traders can expand their chart with various assets, including:

• Currencies
• Cryptocurrencies
• Commodities
• Stocks

Account Settings & Verification

From the Account section, manage your personal information, configure security preferences, and complete KYC verification for full access to platform features.

Tournaments & Competitions

The Quotex tournaments panel lists ongoing and completed contests. Each entry includes fees, the number of participants, and the prize structure. Click “Details” for a full breakdown.

Market Tools & Promo Codes

In the Market section, users can apply bonus codes, promo coupons, or activate cashback features, enhancing capital flexibility.

Interface Customization

Customize your trading environment using settings like full-screen mode, audio controls, and general preferences for a more personalized experience.

Quotex Mobile App

Quotex’s mobile application empowers traders with a fast, lightweight, and intuitive platform designed for efficient trading on the go. With features tailored for both beginners and experienced users, the app combines speed, simplicity, and accessibility while preserving essential trading functionalities and financial control tools.

• Free $10,000 demo account to explore strategies in a risk-free environment
• Real trading from just $1, with deposits starting at $10
• High-speed execution and precise quotes ideal for time-sensitive strategies
• Multilingual 24/7 customer service supporting a global user base
• Seamless access across multiple regions with localized UI
• Optimized for Android 6.0+, with over 500,000 downloads via Google Commerce Ltd

Here are the download links to get you started:

• Quotex Android app

Indicators and Oscillators 

Quotex provides a comprehensive set of more than30 technical indicators and oscillators to assist traders in their analysis. Here's an overview of the most useful indicators available on the platform.

Trend Indicators:

• Moving Average Indicator
• Bollinger Bands
• Parabolic SAR
• Ichimoku Cloud
• Alligator
• Fractal 
• Zig Zag
• Envelopes

Oscillators:

• Relative Strength Index Indicator (RSI)
• Moving Average Convergence Divergence indicator (MACD)
• Stochastic Indicator
• Commodity Channel Index (CCI)
• Average Directional Index (ADX)
• Momentum
• Vortex
• Volume Oscillator

Quotex Instruments

The Quotex broker supports a wide range of tradable instruments, enabling traders to select their preferred asset. Quotex trading assets:

• Forex
• Cryptocurrencies
• Commodities
• Stocks

This broker offers over 100 pairs, enabling traders to participate in a wide range of markets.

Available Payment Methods

Quotex offers a variety of payment methods to cater to traders from different regions. You can go with one of the Options based on your preferences and region. Here's an overview of the available Quotex deposit and withdrawal methods:

• Credit/Debit Cards: Visa, Mastercard (instant deposits)
• E-wallets: Skrill, Neteller, Perfect Money (instant deposits)
• Cryptocurrencies: Bitcoin, Ethereum, Litecoin (fast processing)
• Bank Transfer: Available for some countries (may take 1-5 business days)

To begin trading with Quotex, users are required to deposit a minimum of $10. This low deposit threshold makes it highly accessible to beginners and casual traders looking to explore binary options with limited capital commitment.

Can you access copy trading on Quotex broker?

Quotex does not offer copy trading, unlike most platforms, but there is a way to achieve a similar effect on this platform.

Quotex Signals

The Quotex copy trading signals feature available on the dashboard allows traders to review the best available trading signals and import them. Traders have approximately 10 minutes to use the trading signals, and after that, the signal might change or expire. 

Keep in mind that no signal is 100% accurate, and you must be cautious and only use them for assistance. 

Notable Advantages and Disadvantages

Each binary platform comes with a set of positive points and downsides. We will explore those of Quotex in the table below:

Trust Scores

Trust is crucial when choosing a broker, and Quotex has received acceptable reviews from various sources. Let's examine the trust scores on Trustpilot.

Quotex has received decent reviews from users on Quotex Trustpilot. The score on the mentioned website is 4.3 out of 5 based on more than 500 reviews:

• Over 80% of reviews are 5-star;
• 1-star ratings are less than 10%;
• No replies were submitted from the company to negative reviews.

 Here's a summary of the key points mentioned by users:

• User-friendly platform;
• Quick withdrawals;
• Helpful customer support.

It's important to note that individual experiences can vary, and online reviews should be considered as part of a broader evaluation of the broker.

Customer Services and Support

Quotex offers 2 channels for customer support:

• Ticket Support: Another method similar to email
• FAQ Section: Short but complete answers to usual questions

Key points about Quotex Support:

• Multi-lingual support team;
• Generally responsive and helpful;
• Some users complain about longer waiting times during busier hours.

One of the missing parts in the broker's support section is that they do not have any channels for live chat.

Quotex Restricted Countries

The Quotex broker does not provide services in the following countries due to international laws and restrictions:

• USA
• Canada
• Israel
• Indonesia
• Hong Kong
• Russia
• EEA
• Malaysia
• Belarus

Quotex Comparison with Other Brokers

To better understand the quality of services offered by Quotex compared to its competitors, you can check out the table below:

TF expert suggestions

Quotex is a binary options company with over 100,000 daily traders and overall more than 4 million clients from across the globe. Contract expiry times range from 1 minute to over a month on this platform.

The company has received a 4.3/5 trust score on the Trustpilot website, in addition to a 4.2/5 average user rating on the ScamAdviser website.