Quotex: questions and answers
Is Quotex regulated?
No. According to our latest data, Quotex holds no licence from any government financial regulator. 6 regulators have issued official warnings about it, including RBI, SC, NSSMC, CMVM, CONSOB.
Who owns Quotex?
Quotex is operated by ON SPOT GROUP LLC, Main Street, P.O. Box 625, Charlestown, St. Kitts and Nevis (registration number not disclosed).
What is the maximum payout on Quotex?
Quotex advertises payouts of up to 98% of a winning trade's stake, depending on the asset, expiry and time of day. On a losing trade you lose the whole amount.
What is the minimum deposit at Quotex?
The minimum deposit at Quotex is $10; it can vary by account type and payment method.
Does Quotex have a demo account?
Yes, you can open a free demo account at Quotex to practise with virtual money before trading for real.
What can I trade with Quotex?
Quotex lets you trade Forex, Stocks, Crypto, Commodities & gold, Indices.
Is trading on Quotex legal?
It depends on your country. Binary options are banned for retail clients in the EU, the UK, Australia, Israel and most Canadian provinces, and other regulators restrict or warn against them. Search the platform's name on your national regulator's warning list before depositing.
Fees, deposits and withdrawals
Deposit methods:
Regulator warnings about Quotex
These regulators published official warnings about Quotex or its websites. Open each link to check the source yourself.
| Regulator | Date | Source |
|---|---|---|
| RBI (India) | 19 November 2025 | Open warning |
| SC (Malaysia) | 7 May 2024 | Open warning |
| NSSMC (Ukraine) | 12 March 2024 | Open warning |
| CMVM (Portugal) | 3 January 2023 | Open warning |
| CONSOB (Italy) | 16 December 2021 | Open warning |
| CNMV (Spain) | 28 June 2021 | Open warning |
Available markets
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