Quotex Review 2025: Is This Binary Options Broker Legit or a Scam?

Quotex Review 2025: Is This Binary Options Broker Legit or a Scam?

What Is Quotex.com?

Quotex is a modern, web-based binary options trading platform, launched in 2020 and operated by Awesomo Ltd., a company registered in St. Vincent and the Grenadines. The platform has gained popularity due to its user-friendly interface, fast execution, and minimal entry barrier — making it ideal for beginners and short-term traders.

With no downloads, a clean UI, and support for multiple payment methods including crypto, Quotex is positioning itself as one of the top choices for fixed-time trading (FTT).


⚠️ Disclaimer

Binary options trading is high risk and may lead to financial loss. Quotex is intended for users 18+ and for educational/entertainment purposes. Please trade responsibly and ensure compliance with your local laws and regulations.


🎯 Ready to Start Trading in 60 Seconds?

Sign up with your email and get a $10,000 demo account instantly.
👉 Click here to join Quotex.com now


Is Quotex Legit or a Scam?

Yes — Quotex is considered legit, especially among traders looking for a simple binary options trading experience. However, it’s important to note:

🔐 Regulation & Safety:

  • Registered with IFMRRC (International Financial Market Relations Regulation Center)

  • Offers SSL encryption, secure payment processing

  • No KYC required unless unusual activity occurs

  • Offers real payouts to thousands of traders globally

While IFMRRC is not a tier-1 regulator like FCA or CySEC, it does provide some level of consumer protection.

Verdict: Quotex is legit for users seeking fast, accessible binary trading.


How Does Trading Work on Quotex?

⚡ Fixed-Time Trading (Binary Options)

You simply:

  1. Choose an asset (e.g., EUR/USD)

  2. Set the trade amount and time (1–60 minutes)

  3. Predict if the price will go Up or Down

  4. Earn up to 95% payout on correct predictions

It’s fast, simple, and does not involve complicated tools like margin or leverage.


Quotex Features Overview

Feature Description
Asset Types Forex, Crypto, Indices, Commodities
Platform Access Web, Mobile App (Android/iOS)
Trading Modes Fixed-Time Trading only
Chart Tools 20+ indicators (RSI, MACD, Bollinger Bands…)
Timeframes 5 sec to 1 day
Demo Account Yes – $10,000 virtual balance

You also get trading signals, market news, and built-in indicators for technical analysis.


📱 Quotex Mobile App

Available for both Android and iOS, the Quotex app offers:

  • Full trading interface

  • Fast execution

  • Charting tools

  • Access to demo and real accounts

  • Multilingual support

The app is lightweight and smooth, great for trading on the go.


💰 Quotex Deposit, Withdrawals & Payment Methods

✅ Supported Methods:

  • Credit/Debit Cards

  • Crypto: Bitcoin, Ethereum, USDT, Litecoin, etc.

  • E-wallets: Perfect Money, Advcash, WebMoney

  • Local options: Depending on your region

Type Minimum Speed
Deposit $10 Instant
Withdrawal $10 1–3 business days
Withdrawal Fee $0 No platform charges

No documents required unless flagged for risk. Crypto withdrawals are the fastest.


🎁 Quotex Bonus & Promo Codes

Quotex often gives deposit bonuses, such as:

  • 30%–50% bonus on first or reload deposits

  • Promo codes from affiliates and campaigns

  • No strict wagering, but can’t withdraw bonus directly

You can enter a promo code before depositing to activate a bonus instantly.

💡 Check their homepage banners or affiliate links for active codes.


🎯 Want to Claim a Bonus?

Sign up with your email and get a $10,000 demo account instantly.
👉 Click here to join Quotex.com now


Pros and Cons of Quotex

✅ Pros

  • Minimum deposit of only $10

  • No download required – web-based

  • Clean UI with trading signals and indicators

  • Fast deposits/withdrawals (crypto supported)

  • Free demo account with $10,000

  • Mobile-friendly app

❌ Cons

  • Binary options are high-risk and not for everyone

  • Only regulated by IFMRRC (not FCA/CySEC)

  • Fixed-Time trading only – no leverage, no CFDs

  • No social/copy trading features


🔍 Quotex vs. Pocket Option vs. Olymp Trade

Feature Quotex Pocket Option Olymp Trade
Founded 2020 2017 2014
Regulation IFMRRC IFMRRC FinaCom
Minimum Deposit $10 $5 $10
Demo Account Yes Yes Yes
Copy Trading No Yes No
Bonus System Yes (promo) Yes Limited
Mobile App Yes Yes Yes

Frequently Asked Questions (FAQs)

Q1: Can I use Quotex in the USA or UK?
A: Quotex may restrict users from certain countries due to regulations. Always check the Terms of Service or use a VPN carefully if permitted in your area.

Q2: Does Quotex support cryptocurrency?
A: Yes. You can deposit, trade, and withdraw using BTC, ETH, LTC, and USDT.

Q3: Can I lose more than my deposit?
A: No. With binary options, you can only lose the amount you risk per trade. No leverage is used.

Q4: Is Quotex good for beginners?
A: Yes. It’s simple, visual, and comes with a free demo to practice.


🏁 Final Verdict: Is Quotex Worth It in 2025?

Quotex is a top choice for anyone interested in binary options trading in 2025. It combines speed, simplicity, and accessibility with support for crypto and a clean, intuitive platform.

While binary options come with risk, Quotex provides the tools and freedom to learn, practice, and potentially profit — all with a small $10 deposit and no complicated processes.

If you’re looking for a lightweight, low-barrier entry into short-term trading, Quotex is absolutely worth trying.


🎯 Start Trading with Quotex Today

  • ⚡ Predict price movement in seconds

  • 💵 Deposit with crypto or e-wallet

  • 🎁 Up to 50% deposit bonus with promo code

  • 📱 Trade on mobile or browser — no KYC needed

👉 Click here to join Quotex.com now
🆓 Try the demo first — zero risk, instant access.

Quick trades. Easy profits. All in one browser tab.