Quotex review 2026

In short

Quotex is a fixed-time platform: pick an asset, a direction and a timer, and a correct call pays a set percentage. It is known for a simple web platform, high advertised payouts and many crypto deposit options, and has run since about 2019–2020.

Licence and company

Third-party reviews name ON SPOT LLC GROUP in St Kitts and Nevis as the current operator, after Maxbit LLC and Awesomo Ltd. None holds a licence from a government regulator. In April 2025 Pakistan's SECP named Quotex in a public warning and asked for it to be blocked; India's RBI includes it on its Alert List, and Portugal's CMVM has named Quotex, Maxbit LLC and Awesomo Ltd as unauthorised.

Who can sign up

Closed to US residents, and the site blocks several other regions. Getting round a block with a VPN breaks the terms and can freeze the account.

Lowest deposit

USD 10. The cashier offers tiered bonuses, for example 20% above USD 50 and up to 35% above USD 300.

Lowest trade

USD 1. Timers start around one minute and vary by asset; OTC assets have the shortest.

What you can trade

Currencies, commodities, shares, indices and some crypto, many as OTC assets priced by Quotex itself when the regular market is closed.

The platform

An in-house web platform with candle and line charts, indicators, drawing tools and a panel that shows the payout before you open a trade. It loads fast and needs no download.

Phone apps

An Android app and a mobile web version. On iPhone you use the browser or an installable web app.

Paying in

Cards and many coins, including Bitcoin, Ethereum and USDT, plus local methods in some countries. Each crypto deposit gets a new wallet address; never reuse an old one.

Cashing out

USD 10 minimum for most methods, more for some coins. Verification is required, and an active bonus blocks withdrawal of the bonus and related profit until its volume is met.

Charges

No deposit or withdrawal fee listed; the cost is the payout below 100%. The welcome bonus reportedly needs volume of about 100 times its value.

Help and support

Tickets, email and help pages; no live chat or phone. Replies can be slow.

Account safety

Two-factor login. Beyond that only the company's own policies protect your money.

Opening an account

Email and password or social login, choose the account currency and confirm you are 18+. The demo opens at once; verification comes before the first withdrawal.

Strengths and weak points

Our take

Quotex is quick to start and its advertised payouts are among the highest, but it has no licence, a shifting company structure and official warnings, including from Pakistan. If you use it, decline the bonus, deposit little and test a withdrawal first.

Quotex alternatives

• Pocket Option 4.1/5

  Pick it for a USD 5 entry point and copy trading built into the platform.

• IQ Option 4.0/5

  Pick it for the most complete charts, a desktop app and digital options.

• Expert Option 3.7/5

  Pick it if you want the cleanest screen and good phone apps.

• Olymp Trade 3.9/5

  Pick it for a long-running platform and a company registered in Vanuatu.

• Binomo 3.7/5

  Pick it for frequent contests and a USD 10 start with many local payments.

• Binarium 3.4/5

  Pick it to try things with USD 5, or for trades that last up to three months.

• IQcent 3.1/5

  Pick it for tiny trades from one cent and copy trading.

• BinaryCent 3.0/5

  Pick it for weekly contests if you can deposit USD 250 or more.

• Exnova 3.5/5

  Pick it for shares and ETFs on a well-built platform from USD 10.

Quick answers