QUOTEX, a trading name of Maxbit LLC., is allegedly a binary options and forex broker registered in Saint Vincent and the Grenadines that provides its clients with a WebTrader as its trading platform and over 410 tradable financial instruments. However, Quotex has not been authorized or regulated by any major financial regulatory body. Additionally, there have been reports and complaints of fraudulent activities associated with the platform.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Quotex offers a wide range of financial assets, including forex pairs, cryptocurrencies, commodities, stocks, and indices.
The minimum deposit on Quotex varies depending on the payment method but is generally around $10.
Quotex generally doesn’t charge deposit or withdrawal fees, but some third-party payment processors may apply their own fees.
Yes, Quotex offers a user-friendly interface, a demo account, and educational materials to help beginners learn how to trade.
Yes, Quotex offers a free demo account with virtual funds, allowing you to practice trading without risking real money.
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