Quotex: User Reviews (2022)

Quotex User Reviews

If you are looking for user opinions about the Quotex broker, you’ve come to the right place. In this article, I will introduce you to the most important information you need to know about this broker and you will find real user reviews at the bottom. If you have an opinion on this broker, please do not hesitate to write a comment. Your opinion is of great importance to our community and will definitely help others!

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Quotex Details

Quotex is a relatively new broker on the market. The platform was created in 2020 and quickly gained popularity on the market. The big advantage of Quotex is that it offers its services all over the world. If you live in the EEA, UK, USA, CA or AU, Quotex will be a great choice for you. The broker offers a world-class trading platform with an extensive range of bonuses.

The big disadvantage of this broker is the lack of any regulation. I perfectly understand that it is not required if the company is registered in the Caribbean, but for greater credibility, a certificate would be useful. The problem with licenses is that they effectively limit functionality. Everyone would like a very well regulated broker with tons of features – unfortunately, the more the regulation the tighter the platform is. This can be seen on the example of IQ Option, which in Europe does not offer binary options at all.

Is Quotex Safe?

The broker is relatively young, so it’s hard to say at the moment. At the moment, I have not heard of any serious violations. Big binary options brokers do not find it profitable to cheat because they generate enough turnover that it is more profitable to keep the user on the platform by offering impeccable service. In my opinion, Quotex is a safe choice.

How Quotex make money?

Many brokers do not want to admit how they really make money. If you ask the average binary options broker where he gets the money from, he will tell you that he earns on commissions. The truth is that every binary options broker makes money from client losses. If you make a deposit and lose money, the broker will make money on it. Of course, it’s not that simple because you have to remember that there are also profitable traders who need to be paid. So the difference between losses and wins is the broker’s profit.

Is Quotex a scam?

Certainly not. Quotex is a new but highly respected company that offers top quality services. It is not a cheap broker that wants to pluck customers at the lowest cost. Quotex puts a lot of effort into developing its trading platform, which regularly features new features and promotions. Therefore, I can unanimously say that Quotex is not a scam.

Quotex – What do user think?

The purpose of this article is to find out what users think about this broker. Therefore, below you will find real comments and user reviews. We do our best to avoid spam and false reviews. If you use Quotex services, leave your comment – you will help many people to decide whether the broker is trustworthy or not!

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