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Don't risk your money on Quotex! BrokersView exposes an unregulated platform, withdrawal problems, and scam accusations. Read our full review before you invest!
Don't risk your money on Quotex! BrokersView exposes an unregulated platform, withdrawal problems, and scam accusations. Read our full review before you invest!

Operating status: SCAM

Website: https://quotex.com/en; https://qxbroker.com/; https://qxbroker.com/; https://quotex.io/; https://quotex.io/; https://partner.qxbroker.com/; https://rcinvest.xyz/

Broker violations and abnormal records
  • 2021-11-19 The Italy CONSOB Added Quotex into Its Warning List

    On 20th Dec 2021, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Quotex for offering investment, financial and insurance services without the required authorizations. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings/documenti/english/entutela/cns/2021/enct20211220.htm?hkeywords=Vigo+and+Co+Llc&docid=7&page=0&hits=215&nav=false

    On 20th Dec 2021, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Quotex for offering investment, financial and insurance services without the required authorizations. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings/documenti/english/entutela/cns/2021/enct20211220.htm?hkeywords=Vigo+and+Co+Llc&docid=7&page=0&hits=215&nav=false
  • 2022-12-18 BrokersView has Reviewed that Quotex is an Unregulated Broker

    Quotex claims to be owned and operated by Maxbit LLC, a company registered in St. Vincent and Grenadines. We indeed find a match result to Maxbit LLC in St. Vincent and Grenadines Financial Services Authority (SVG FSA). But SVG FSA is not a financial regulator that issues licenses for forex trading or regulates entities engaging in forex.

    More important, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Maxbit LLC for providing investment, financial services without required authorizations.

    The truth is, Quotex is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam. 

    Quotex claims to be owned and operated by Maxbit LLC, a company registered in St. Vincent and Grenadines. We indeed find a match result to Maxbit LLC in St. Vincent and Grenadines Financial Services Authority (SVG FSA). But SVG FSA is not a financial regulator that issues licenses for forex trading or regulates entities engaging in forex.More important, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Maxbit LLC for providing investment, financial services without required authorizations.The truth is, Quotex is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • 2023-01-02 The Portugal CMVM Added Quotex into Its Warnings

    On 3 Jan 2023, the Portuguese Securities Market Commission (CMVM) issued a warning that Quotex was not authorised to carry out any type of financial intermediation activity in Portugal. You may visit: https://www.cmvm.pt/en/SDI/FinancialIntermediaries/Pages/20230103d.aspx?v=

    On 3 Jan 2023, the Portuguese Securities Market Commission (CMVM) issued a warning that Quotex was not authorised to carry out any type of financial intermediation activity in Portugal. You may visit: https://www.cmvm.pt/en/SDI/FinancialIntermediaries/Pages/20230103d.aspx?v=
  • 2023-01-02 BrokersView has Found that Quotex is Using New Domains

    BrokersView has found that Quotex is using new domains to scam. They are:

    https://qxbroker.com/

    https://quotex.io/ 

    https://partner.qxbroker.com/ 

    https://rcinvest.xyz/

    BrokersView has found that Quotex is using new domains to scam. They are:https://qxbroker.com/https://quotex.io/ https://partner.qxbroker.com/ https://rcinvest.xyz/
  • 2023-09-26 BrokersView notices that the SVG FSA no longer includes information related to Quotex

    While Quotex remains claiming that it is operated by Maxbit LLC, which is registered in St. Vicent and the Grenadines, our search for the company in the register of the Financial Services Authority (SVG FSA) revealed that there isn't any information related to Maxibt LLC. This means its license with SVG FSA has been cancelled.

    While Quotex remains claiming that it is operated by Maxbit LLC, which is registered in St. Vicent and the Grenadines, our search for the company in the register of the Financial Services Authority (SVG FSA) revealed that there isn't any information related to Maxibt LLC. This means its license with SVG FSA has been cancelled.

Related Complaints

Q&A Complaints

My money's stuck in Quotex after requesting a withdrawal. Am I getting scammed?

zpunchclaos
Cambodia
2025-01-28
ANSWER Dear Investor, Quotex is a known scam platform, and we have received numerous complaints about withdrawal issues and malicious manipulation, accusing it of operating fraudulent schemes. We strongly advise against trusting Quotex any longer, as they may demand additional fees for withdrawals by preying on your urgency. Paying these fees could result in further losses. We suggest you report this matter to your local authorities. In addition, we encourage you to file a complaint on our platform. Our dedicated team will thoroughly review your case and diligently explore any potential solutions. Rest assured, we are always here to support you. Lastly, beware of recovery room scams where unsolicited messages claim they can recover your money for a fee. These fraudsters aim to exploit victims of investment scams by capitalizing on their wish for refunds.
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My deposit on Quotex hasn’t been credited, and they refuse to resolve the issue!

M Kemal Thalassinos
India
2025-06-16
ANSWER Dear Investor, We strongly advise against trusting Quotex, as this platform has been repeatedly flagged by financial watchdogs for fraudulent activities. Numerous complaints indicate issues such as missing deposits, withdrawal refusals, and deceptive practices aimed at manipulating investors. Do not fall for promises of high returns—these are tactics designed to lure you into depositing more funds. Quotex has been widely criticized online, with many users reporting financial losses. We recommend taking the following steps: ·Avoid further deposits and do not comply with requests for additional payments. ·Report the incident to your local authorities or relevant financial regulatory bodies. ·Submit a complaint on our platform so our dedicated team can thoroughly review your case and explore potential solutions. You can file your complaint here. Additionally, stay alert for recovery scams—fraudsters may reach out, falsely promising to retrieve lost funds in exchange for a fee. These schemes often result in further financial loss.
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119 comments

Ramesh P
Withdrawal not received my account please check
2025-06-17
Reply
Muhammad Muhammad
this my real store if anyone doubt then Contact me i will show you all chat with support team and account . muhammad9034600@gmail.com
2025-06-17
Reply
Muhammad Muhammad
market-quotex.io is 100% Scammer Broker. my name is Farhad Begum i am From Pakistan. I Created Account and I Loss $60800 Loss. I Try To Recover My Loss and One Day When i login account then i see account is closed not deleted, when i saw i socked why because i don't valuation and rules and regulation. i email to support team and his responded me your account accessed . i told him and sent him all account screenshot and request him please restore my account. i am owner and my all account is safe.but until his not restore my account and i tried . now i told everyone please please secure own fund never work on this scammer broker in life. join another broker but this broker stay away.this my real store if anyone doubt then Contact me i will show you all chat with support team and account . muhammad9034600@gmail.com
2025-06-17
Reply
Muhammad Muhammad
market-quotex.io is 100% Scammer Broker. my name is Farhad Begum i am From Pakistan. I Created Account and I Loss $60800 Loss. I Try To Recover My Loss and One Day When i login account then i see account is closed not deleted, when i saw i socked why because i don't valuation and rules and regulation. i email to support team and his responded me your account accessed . i told him and sent him all account screenshot and request him please restore my account. i am owner and my all account is safe.but until his not restore my account and i tried . now i told everyone please please secure own fund never work on this scammer broker in life. join another broker but this broker stay away.this my real store if anyone doubt then Contact me i will show you all chat with support team and account .
2025-06-17
Reply
Muhammad Muhammad
Quotex is scammer broker , last 5 jun closed my account without any valuation .i all proof showed to support team and i tried and too much time request but still not restore my account. never deposit and trading on this broker , stay away .
2025-06-17
Reply
Jenil Raval
Hello everyone, i write this review about my experience in quotex binary trading platform. It's best platform for binary trading. It gives 10,000$ in demo account for learning about trading. And it provides very aqqurate indicator it is very easy to use. Deposit and withdrawl process are very good. I learn a lot to use this app.Thanks.
2025-06-16
1
Reply
Random
I'm a binary options trader and I trade in many binary trading platform, but no one is best like quotex . quotex is the best binary trading platform in the world. It's super easy to trade and quotex have multiple indicaters for winning your trades. Best for all binary traders.
2025-06-14
Reply
Seema bibi
When I started using Quotex, I didn’t know much about trading. But the platform is so simple and clear that I quickly learned how it works. You don’t need to be an expert to use it. Everything is easy to understand, and you can start with a small amount of money.What I really like about Quotex is that it gives real chances to earn from home. If you stay disciplined and follow a good strategy, you can slowly build income. It’s not a get-rich-quick scheme, but with time and patience, it can help you become financially strong.The reward system is also very helpful. Sometimes they give bonuses, promo codes, or risk-free trades, which means you can trade without losing your own money. These small things make a big difference, especially in the beginning.Their support team is also great. Quotex's support team is fast, friendly, and always ready to help. They understand user problems quickly and solve them in a simple and professional way without any delay.I’ve seen many people say that Quotex changed their life. And I believe it. If you use your mind, stay calm, and don’t rush, this platform can really help you earn from your own home.
2025-06-11
Reply
Noman Saad
great app for binary traders and i am satisfies with this app as it makes traders achieve there goals easily.
2025-06-09
Reply
Rudra
My I'd 59508960 iam deposit money Debited for my account but not receivedmy I'd solve my problem to tell me in customer service but no reply in that's and iam also a complent in your Department
2025-06-07
Reply

1-10 of 119 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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