Warning: Is Quotex a Scam?

Unregulated

Quotex ( quotex.com) has been flagged as a potential scam broker. It lacks regulation from major authorities.

Investigation: Quotex ( quotex.com)

Quotex ( quotex.com) has been identified as a suspected illicit platform.

Quotex presents itself as a financial provider, but it is unlicensed by any top-tier authority, such as the FCA or SEC.

Have You Lost Funds to Quotex?

If Quotex fails to return your funds, you need to act. Submit the inquiry below to consult our recovery team for a no-obligation consultation.

Can You Trust Quotex?

The major issue is that Quotex ( quotex.com) is unauthorized to operate.

Trading with unregulated brokers is very risky. Legitimate firms are must be registered with bodies like the FINRA or FCA to protect investors.

Quotex operates without this protection. This means there is no legal recourse if they withhold your money. Many investment fraud involve unregulated actors, and recovering funds from them is challenging without professional assistance.

For example, in the UK, unlicensed firms are outside the jurisdiction of the compensation schemes. In America, they are not part of SIPC, meaning your capital is at risk.

How They Steal Money

Investment fraud is evolving. Criminals use manipulation to take wealth. Below are common tactics seen in brokers like Quotex ( quotex.com).

Pig Butchering & Romance Scams

The "Romance Scam" is a cruel method where scammers build trust over weeks. They fake a relationship online. Eventually, they mention a special investment. It is a lie to get you onto a scam site like Quotex.

Fake Trading Dashboards

Fraudsters build websites that mimic legit trading apps. They have charts and profits that increase. But it is a game. The scammer controls the numbers to convince you to deposit more. When you try to withdraw, the "profits" are gone.

Red Flags

  • Unsolicited Contact: You get calls from "brokers" out of the blue.
  • Unregulated: The firm lacks legal registration.
  • Guaranteed Profits: They promise huge profits or risk-free trades.
  • Withdrawal Issues: They refuse withdrawals. They ask for "tax fees" first.
  • Aggressive Sales: Agents pressure you to invest bigger amounts.

Do not trust positive ratings. Scammers often write their own 5-star reviews to look legitimate.

Conclusion

Quotex is unsafe. It is likely a scam. Protect your money and find a licensed broker. Avoid quotex.com at all costs.