Quotex UK Review 2021

Quotex offers a proprietary web platform that offers digital options and copy trading.

Quotex is broker that gives traders access to Digital options, forex, indices, cryptos. Surprisingly, Quotex does not support either of the enormously popular MetaTrader platforms (4 and 5).

In terms of features offered to traders, Quotex has Demo Accounts and Signals but is missing Islamic Accounts, Social Trading and Auto Trading.

Quotex also gives traders access to 4 cryptocurrencies: BTC, LTC, ETH and XRP.

Quotex is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

Quotex Summary

Quotex offers a proprietary web platform that offers digital options and copy trading.

Ratings

30%
Trust
66%
Instruments
28%
Features
BonusNone
InstrumentsDigital options, forex, indices, cryptos
Demo Account
Min. Deposit$10
Min. Trade$1
Regulated ByIFMRRC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

Forex Trading

Use digital options to take straightforward buy and sell positions on a range of currencies.

GBPUSD SpreadN/A
EURUSD SpreadN/A
EURGBP SpreadN/A
Assets27

Cryptocurrency Trading

Trade a handful of the top cryptos at Quotex.

SpreadN/A
CoinsBTC, LTC, ETH, XRP

Binary Options Trading

Quotex offers online binary options on a range of markets with a welcome bonus for new traders.

Payout Percent

Payment Methods

Quotex accepts the following payment methods:

  • Credit Card
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Webmoney
  • QIWI
Risk Warning – Your capital is at risk

FAQ

Is Quotex Safe?

In our review we gave Quotex a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that Quotex is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does Quotex Accept PayPal?

No, Quotex does not accept PayPal payments.

Is Quotex Halal?

Probably not, as Quotex does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

Is Quotex Regulated?

Yes, Quotex is regulated by IFMRRC.

The fact that Quotex is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.

Quotex vs Other Brokers

If you want to compare Quotex with other brokers, use the detailed comparisons below.

Quotex vs
Quotex offers a proprietary web platform that offers digital options and copy trading.