Quotex
⚡ ControversialTrading Platform · Founded 2019
Quotex is a binary options and digital trading platform based in Seychelles. It is heavily promoted by social media influencers through affiliate programs.
Trust Score
2
out of 10
Our Verdict
Quotex is a high-risk speculative trading platform not regulated in the US, UK, or EU. Binary options and digital options have near-universal poor investor outcomes. Approach with extreme caution.
This company operates legally but has significant controversy, regulatory issues, or consumer complaints.
⚠️ Scam Warning
Quotex operates in a regulatory gray area and is not licensed in major Western markets. Its heavy influencer marketing targets inexperienced traders who overwhelmingly lose money.
🚨 Known Scams Using Quotex's Name
- • Instagram/TikTok influencer promotions showing fake Quotex profits
- • Fake Quotex account managers guaranteeing trading results
🚩 Red Flags to Watch For
⚠ Social media ads showing lavish lifestyles funded by Quotex trading
⚠ Anyone offering to manage your Quotex account for a percentage
📋 Report a Scam Involving Quotex
If you've encountered a scam using Quotex's name, report it to help protect others.