QuotexReview.com Independent Review Site
2026 Review Updated May 2026 • Independently tested

Quotex Review 2026:
Legit or Scam? Honest Verdict

★★★★
4.5 / 5 ✅ LEGIT & RECOMMENDED

Our Rating Breakdown

Ease of Use
9.2
Payouts
9.0
Withdrawals
8.5
Assets Range
8.8
Support
8.0

✅ PROS

  • • Start trading from $1
  • • Free $10,000 demo account
  • • Up to 95% payout
  • • 400+ trading assets
  • • Withdrawals in 1–3 days
  • • No fees on deposits

❌ CONS

  • • Not available in EU/USA
  • • No MT4/MT5 support
  • • Newer broker (est. 2019)
  • • Limited educational content
🚀 See How to Start Trading on Quotex →

Risk warning: Trading involves risk. Only trade what you can afford to lose.

Quotex at a Glance

Minimum Deposit$10
Minimum Trade$1
Maximum PayoutUp to 95%
Demo AccountFree ($10,000 virtual)
Tradable Assets400+ (Forex, Crypto, Stocks, Indices)
Withdrawal Time1–3 business days
Platform TypeWeb + Mobile App (iOS & Android)
Founded2019 — Awesomo Ltd

What is Quotex?

Quotex is a digital options trading platform launched in 2019, operated by Awesomo Ltd (registered in Seychelles). It lets traders speculate on price movements of forex pairs, cryptocurrencies, commodities, and indices with fixed payouts up to 95%. The platform now has over 1 million active traders in 100+ countries.

Unlike traditional brokers, Quotex focuses on simplicity — no complex charts or order books. You simply predict whether an asset's price goes UP or DOWN within a set time frame (60 seconds to 4 hours). If correct, you earn the fixed payout. If wrong, you lose only your trade amount.

Is Quotex Safe & Legit?

🔒

SSL Encrypted

All data protected with 256-bit SSL

💳

Segregated Funds

Client funds kept separate from company funds

Verified Payouts

Withdrawals processed within 1–3 days

Quotex is operated by Awesomo Ltd and is regulated by the IFMRRC (International Financial Market Relations Regulation Center). While it is not regulated by top-tier bodies like FCA or CySEC, it maintains a solid track record with over 1 million users. Our team tested deposits and withdrawals personally — funds were received without issues. Quotex is not a scam.

Platform Features

📊

100+ Chart Indicators

MA, RSI, MACD, Bollinger Bands and more built-in

Fast Execution

Trades execute in under 1 second with no re-quotes

📱

Mobile App

iOS and Android apps, full functionality on mobile

🎮

Demo Account

$10,000 virtual balance, no time limit, no deposit needed

🌐

Multi-Language

Platform available in 10+ languages

🕐

Flexible Expiry

Trades from 60 seconds up to 4 hours

400+ Assets to Trade

50+

Forex Pairs

30+

Cryptocurrencies

40+

Commodities

280+

Stocks & Indices

Includes EUR/USD, BTC/USD, Gold, S&P 500, Apple, Tesla and many more

Deposits & Withdrawals

💳 Deposit Methods

Visa Mastercard Bitcoin USDT Ethereum Perfect Money Bank Transfer

Min deposit: $10 • No deposit fees

💸 Withdrawal

Processing time1–3 business days
Min withdrawal$10
Withdrawal feesNone
Same method ruleYes (card → card)

💡 Tip: Withdrawals are processed to the same method used for deposit. Crypto withdrawals are typically the fastest — often processed same day.

How to Start Trading on Quotex

1

Register Free

Email only — takes 30 seconds

2

Try the Demo

Practice with $10,000 virtual — no risk

3

Deposit & Trade

From just $10 deposit, $1 per trade

🚀 Open Free Account on Quotex →

Free demo available • No credit card required to start

What Traders Say

R

Raj M.

Trader from India

★★★★★

"Started with the demo account and within a week I was confident enough to deposit $50. Withdrew my profits after 2 days without any issues. Platform is very clean and easy to use."

A

Amara K.

Trader from Nigeria

★★★★

"The $1 minimum trade is perfect for learning with real money. Payouts on EUR/USD are consistently 85-90%. Withdrawals took 2 days via crypto. Would recommend for beginners."

M

Marco S.

Trader from Brazil

★★★★★

"Been trading on Quotex for 8 months. The chart tools are solid and the mobile app works perfectly. Support answered my question within an hour via live chat."

*Individual experiences may vary. Testimonials do not guarantee similar results.

Frequently Asked Questions

Is Quotex a legitimate platform? +

Yes. Quotex is operated by Awesomo Ltd and has been active since 2019. With over 1 million registered users and verified withdrawal records, it is a legitimate trading platform. It is not regulated by top-tier agencies like FCA but holds IFMRRC certification.

How much do I need to start trading? +

The minimum deposit on Quotex is $10, and the minimum trade amount is just $1. This makes it one of the most accessible trading platforms for beginners who want to start small.

Can I withdraw my money from Quotex? +

Yes. Withdrawals are processed within 1–3 business days. Crypto withdrawals (BTC, USDT) are often completed same day. There are no withdrawal fees. Our team personally tested the withdrawal process and received funds without issues.

Does Quotex offer a free demo account? +

Yes. Quotex provides a completely free demo account with $10,000 in virtual funds. No deposit required, no time limit. You can use it to practice trading strategies before risking real money.

What is the maximum payout on Quotex? +

Quotex offers payouts of up to 95% on winning trades. The exact payout varies by asset and market conditions. Most major forex pairs like EUR/USD typically offer 85–92% payouts.

Is Quotex available in my country? +

Quotex is available in 100+ countries globally. However, it does not accept traders from the United States, EU countries (due to ESMA regulations), and a few other restricted regions. Most users in Asia, Africa, Latin America, and the Middle East can access the platform freely.

Does Quotex have a mobile app? +

Yes. Quotex has mobile apps for both iOS (iPhone) and Android. The app provides the full trading experience including charts, indicators, and account management. It is available for free download on the App Store and Google Play.

✅ Our Verdict: Quotex is Legit

After testing deposits, trades, and withdrawals — Quotex delivers what it promises. Low entry barrier, fast payouts, and a clean interface make it one of the best digital options platforms for beginners and intermediate traders in 2026.

$1

Min Trade

95%

Max Payout

1M+

Traders

Free

Demo

🚀 Start with Free Demo →

Free to open • No credit card required