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Quotex

St. Vincent and the Grenadines · Regulated

☆ 0.0 · 0 reviews

About Quotex

Quotex is a relatively new digital options broker launched in 2020, quickly gaining traction with 20+ million users due to its clean, modern platform and high payouts up to 98%. It offers binary/digital options on forex, stocks, commodities, and crypto with trade durations from 5 seconds to 4 hours. The platform features an integrated signals indicator that shows overbought/oversold levels directly on the chart. Minimum deposit is $10 and minimum trade is $1. Quotex is regulated by the IFMRRC and has built a strong community through regular trading tournaments with prize pools exceeding $100,000.

Pros

+Payouts up to 98% — among highest in industry
+Ultra-clean modern platform — excellent UX
+Built-in signals indicator (RSI, MACD, MA overlay)
+Tournaments with $100,000+ prize pools
+Minimum deposit $10, minimum trade $1
+Free demo account with $10,000 virtual funds

Cons

-Regulated only by IFMRRC — not government oversight
-Limited asset selection (~100) vs competitors
-No MetaTrader or third-party platform support
-No social/copy trading features

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