The 2026 Quotex page describes an offshore trading platform with no confirmed valid regulatory licence in the checked records. The report text reports a WikiFX score of 1.53, while the linked broker card shows 1.32 at the time of checking.
What the page reports
The platform is presented as offering a low entry amount and a proprietary web and mobile interface. The risk assessment is driven by the regulatory status, official warnings and user reports about deposits and withdrawals.
Regulatory status
The checked source states that Quotex operates from Saint Vincent and the Grenadines and has no valid regulatory licence in the checked data. It also names official warnings or blacklists involving CMVM in Portugal, BAPPEBTI in Indonesia and SCM in Malaysia.
| Check | Information reported |
|---|---|
| Operating location | Saint Vincent and the Grenadines. |
| Licence status | No valid licence identified in the checked data. |
| Official notices | Warnings or blacklists named for Portugal, Indonesia and Malaysia. |
| Protection | No confirmed regulatory compensation or dispute framework for the service. |
Reported account problems
The page records a Vietnamese user who said a USD100 deposit left the bank but did not arrive in the trading account. An Indian user reported that the account was suspended after the balance grew from losses of about USD18000 to approximately USD43000.
An Argentine user reportedly faced a request to deposit more money for a supposed tax before a withdrawal could be released. A demand for an additional payment before a withdrawal is a serious warning sign and should not be treated as a normal withdrawal fee.
Platform and product
The page describes a proprietary web and mobile platform focused on short-term, binary-options-style products. It is not presented as a standard MT4 or MT5 environment. A proprietary interface can make it harder to compare execution and pricing with an independent platform.
A demo option may help a user understand the interface, but demo access does not verify the operator's regulation or the safety of live funds.
Checks before depositing
- Match the legal company and domain with the regulator's own records.
- Do not pay an extra deposit to release a withdrawal or cover an unexplained tax.
- Keep bank references, account messages and support replies if a deposit is missing.
- Treat a demo balance and a low minimum deposit as product features, not proof of safety.
Compare the current Quotex profile with official regulator records before sending funds.