QUOTEX

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    Review of QUOTEX – commission-free brokerage platform, reviews and disclosure

    By trading with QUOTEX you will receive a professional platform for placing orders, favorable conditions and high-quality service. They strive to be unique and do everything possible to ensure that each client can achieve financial success.

    The company offers over 400 trading instruments that are available for free so you can enjoy freedom of choice. You’ll be able to trade a variety of assets, including forex, stocks, metals, major commodities like oil and gas, and cryptocurrencies, which have become a major trend in recent years.

    The company attaches particular importance to monitoring quotes on the part of the client and establishes fruitful partnerships with reliable brokers. Fast quote update speed and a simple interface ensure comfortable work on the platform, bringing user satisfaction.

    Particularly noteworthy is the support service, which is one of our main strengths. Each employee is a true professional in their field. The project guarantees lightning-fast feedback 24/7 and a willingness to sincerely help.

    The mobile app has been downloaded over 500,000 times, indicating its popularity and ease of use. The company has a website in 19 languages, which ensures convenience and accessibility of information for users from all over the world.

    Status

    Broker

    Year of foundation

    2019

    Affiliate program

    Yes

    Regulation and jurisdiction

    Saint-Vincent and the Grenadines

    Website

    quotex.io

    Contacts

    [email protected]

    Pros
    • Convenient trading platform
    • No trading fees or commissions
    Cons
    • Lack of training materials and analysis tools
    • No shares in the list of available instruments
    Platform

    QUOTEX

    Currency

    USD, EUR, RUB

    Deposit/withdrawal

    Bank of Transfer, online-wallets, cryptocurrency

    Min Deposit

    $10

    Leverage

    1:100

    Min order

    $1

    Financial Instruments

    Currency pairs, cryptocurrency, index

    Order Execution

    Instant

    Bonus

    Yes

    Working conditions

    One of the main features of QUOTEX is the availability of trading 24 hours a day, 7 days a week, which allows traders to flexibly plan their trading activities.

    The minimum deposit on the platform is only $10, which makes their services accessible to a wide audience of traders. By default, a trading account is opened in US dollars, but clients have the opportunity to change the account currency without additional conversion fees. This allows traders to choose a convenient currency for their transactions.

    QUOTEX offers a variety of trading accounts, including a demo account with a virtual deposit of $10,000. This is an excellent opportunity for beginners to familiarize themselves with the platform and learn the basics of trading without the risk of losing real funds. For more experienced traders, live accounts are available that allow you to trade with real money.

    An important aspect of a broker’s work is the analytics provided by QUOTEX. The company offers traders access to up-to-date news, economic calendars and technical analysis to help them make informed trading decisions. This allows clients to keep abreast of the latest events and trends in the financial markets.

    Withdrawal requests are processed within 3 business days. The minimum withdrawal amount is $10 for most payment systems, but for cryptocurrencies it can be higher, for example $50 for BTC. The withdrawal procedure usually takes from one to five days, depending on the chosen payment method. In case of withdrawal of large amounts, the company may require account verification.

    Affiliate program

    According to the terms of the affiliate program, the client receives up to 80% of the brokerage profit for trading of each attracted referral. This means that the more clients a partner attracts and the more actively they trade, the higher the affiliate reward will be. In addition, a partner can receive up to 7% of the turnover of their referrals. Affiliate remuneration payments are made once a week.

    QUOTEX is proud of its partnership achievements. They report that the number of clients attracted through the affiliate program is 2.8 million, and the number of partners exceeds 18 thousand. This indicates the popularity and success of the affiliate program. The company also points to weekly partner earnings that reach an impressive $2.4 million.

    Expert opinion

    Eugene Rudenko

    We have before us a relatively young broker who positions itself as a leader in working with binary options. The website provides extensive information regarding joint cooperation. The project provides its clients with a fixed percentage of income for each instrument, which allows traders to know the potential profit in advance.

    A special feature of the company is additional systemic client incentives, such as “risk-free transactions” and promotional codes to improve the trading experience. This may be attractive to traders looking for additional opportunities to increase their profits. The presence of the trading platform interface in different languages and the ability to choose from several types of charts and timeframes allow traders to customize the platform to suit their preferences.

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    Broker reviews

    It is very important to conduct a thorough analysis of user reviews of brokerage companies before making a decision to cooperate. They will allow you to evaluate the activities of the project and draw conclusions regarding convenience and reliability. Let’s analyze the reviews about QUOTEX.

    The user notes that QUOTEX is a good company and has not encountered any problems or delays in withdrawing funds. The platform is convenient, but opening several transactions at once on different currency pairs requires additional time. There is a note regarding the lack of return on a trade when closing at the opening price. But in general, the user believes that reliability and fast payments cover these disadvantages.

    The user writes that on the QUOTEX platform you can trade both quick and long options. All transactions work properly, without delays or incorrect quotes. Transactions are closed without manipulation.

    The client considers QUOTEX an interesting service, the peculiarity of which lies in its narrow specialization. The user started using the platform only a month ago after seeing an advertisement. The user notes that getting started on the platform was simple – he downloaded the application, registered and topped up his account. He was impressed by the video tutorials, especially those related to specific instruments, and they helped him better understand the world of trading. The user plans to continue trading on the QUOTEX platform and is looking forward to how it will perform in the future.

    The overall picture of reviews about QUOTEX shows that the company has its strengths, such as reliability, fast payments, convenient and transparent platform. However, some users note some disadvantages, such as the lack of a return on the transaction when closing at the opening price and the lack of a license from an international regulator. It is important to consider these factors when deciding whether to work with a broker.

    Conclusions about the project activities

    QUOTEX is a broker that offers an affordable and convenient platform for trading binary options. The company has a number of advantages that make it attractive to beginners and experienced traders:

    • low entry threshold;
    • the broker does not charge any trading fees, commissions for deposits, withdrawals and account maintenance;
    • simple and convenient trading platform;
    • the project has an official license;
    • favorable terms of the affiliate program;
    • positive feedback from the client.

    Overall, QUOTEX provides certain advantages and conveniences for traders, however, it is necessary to take into account its limitations and consciously approach the choice of broker in accordance with individual requirements and preferences.

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    FAQ

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    Does the opinion of a broker's clients affect its reputation?

    The company’s rating and reputation largely depend on whether its clients are satisfied. The reviews about QUOTEX are not the most flattering, and therefore you should take a close look at them before deciding to cooperate with this platform.

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    How to write a review about cooperation with QUOTEX on the website?

    To add a review of this company on the resource, you do not need to spend a lot of time. The whole procedure takes no more than 5 minutes, and this is already with registration. A letter with a link to confirm registration will be sent to your e-mail, and it will also contain detailed instructions on how to add a review to the site.

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