Scam Broker Quotex

If you are looking for a reliable and trustworthy platform to trade binary options, you might have come across Quotex, a new broker that claims to offer high payouts, fast withdrawals, and advanced trading tools. But is Quotex legit or a scam? In this blog post, we will review Quotex and compare it with Cryptocointrace.com, a reputable and regulated platform that has been in the market for over 10 years.

Quotex is a binary options broker that was launched in 2020 by Awesomo LTD, a company registered in Seychelles. Quotex offers over 100 assets to trade, including forex, commodities, indices, and cryptocurrencies. Quotex also boasts of having a user-friendly interface, a variety of payment methods, and a responsive customer support team.

However, there are some red flags that suggest that Quotex might not be as safe and secure as it claims. First of all, Quotex is not regulated by any reputable authority, such as the CySEC, the FCA, or the ASIC. This means that Quotex does not have to comply with any rules or standards that protect the interests and funds of the traders. Quotex also does not provide any information about its trading conditions, such as the minimum deposit, the maximum leverage, the spreads, or the fees. This makes it hard to compare Quotex with other brokers and to assess the risks and rewards of trading with them.

Another issue with Quotex is that it has received many negative reviews and complaints from its users. Some of the common problems reported by Quotex traders are:

  • Difficulty in withdrawing their profits or getting their money back
  • Manipulation of the prices and charts to make them lose their trades
  • Poor customer service and lack of communication
  • False or misleading advertising and promotions

In conclusion, Quotex is a scam that should be avoided at all costs. Quotex is not regulated, does not provide clear trading conditions, and has many negative reviews and complaints from its users. Quotex is likely to scam you out of your money or make you lose your trades.

What to Do If You’ve Lost Money with Quotex?

If you have been scammed by Quotex or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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