Quotex UK Review 2021
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| 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
| Bonus | None |
|---|---|
| Instruments | Digital options, forex, indices, cryptos |
| Demo Account | ✓ |
| Min. Deposit | $10 |
| Min. Trade | $1 |
| Regulated By | IFMRRC |
| 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 Spread | N/A |
|---|---|
| EURUSD Spread | N/A |
| EURGBP Spread | N/A |
| Assets | 27 |
Cryptocurrency Trading
Trade a handful of the top cryptos at Quotex.
| Spread | N/A |
|---|---|
| Coins | BTC, 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 |
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Payment Methods
Quotex accepts the following payment methods:
- Credit Card
- Visa
- Mastercard
- Skrill
- Neteller
- Webmoney
- QIWI
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 |
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| Quotex offers a proprietary web platform that offers digital options and copy trading. | ||