If you’re thinking about starting your trading journey with Quotex, it’s important to know what real users are saying about the platform. While the official website highlights its features and benefits, hearing from everyday traders gives you a more realistic picture.
In this article, we’ve collected and summarized actual user reviews from forums, social media, and trusted review platforms. Whether you’re a complete beginner or just doing your research, this guide gives you an honest overview of Quotex’s pros, cons, and common experiences.
Table of Contents
🔹 What Is Quotex?
Quotex online is a digital options broker launched in 2020. It allows users to trade assets like:
- Currencies (Forex)
- Cryptocurrencies
- Commodities
- Indices
It’s known for being easy to use, with a low minimum deposit (as low as $10) and a free $10,000 demo account for practice. But how does it perform in real-world use?
✅ Positive User Feedback
Here are some common praises from real traders using Quotex:
- Beginner-Friendly Interface
“Quotex was the first platform I tried. I love how simple the interface is—it’s not confusing like other apps.”
— Jason, Philippines
Most users agree that the dashboard is clean and easy to understand, especially for beginners. The platform is lightweight and works well even on slower internet connections.
- Fast Deposits and Withdrawals
“Deposits are instant and I received my withdrawal in less than 2 hours with USDT.”
— Anita, Nigeria
Many traders praise the speed of transactions, especially with cryptocurrency. Withdrawal times range from a few minutes to a few days, depending on the payment method.
- Responsive Support
“I had a payment issue, and their support team solved it within a day. Very impressed.”
— Marco, Brazil
Users on Trustpilot and Reddit mention that Quotex’s customer support responds quickly through live chat or email, even on weekends.
- No Hidden Fees
“Unlike other platforms, Quotex doesn’t charge random fees on deposits or trades.”
— Farah, Indonesia
There are generally no commission fees for trading or deposits, though users should check their local payment provider for possible charges.
⚠️ Negative User Reviews
No platform is perfect. Here are some common concerns raised by users:
- Unregulated or Light Regulation
“I couldn’t find much info about official licenses. That worries me a bit.”
— David, India
Quotex is not regulated by major financial authorities like the FCA (UK) or CySEC (EU). Instead, it operates under the IFMRRC (a lesser-known certification body). This makes some users cautious about depositing large sums.
- Price Manipulation Concerns
“Sometimes the price hits my prediction exactly, but I still lose the trade. Seems shady.”
— Lucy, Pakistan
Several users report that price movements near expiry time can feel suspicious. While it’s unclear if this is due to latency or manipulation, it’s a recurring complaint—especially during high-volatility trades.
- Limited Educational Content
“There’s not much learning material on the platform. I had to go to YouTube to learn.”
— Alex, Vietnam
Quotex offers limited tutorials or guides within the platform. Beginners often rely on third-party content to understand strategies and indicators.
🗣️ Mixed Opinions
- Demo vs Real Account
“It was easy to win on demo, but I started losing once I switched to real money.”
— Ahmed, Egypt
Some users feel that the demo account is “too easy” compared to live trading. However, this is a common complaint across many trading platforms and may also be due to emotional pressure when real money is at risk.
- Mobile App Performance
“The app is fast and looks great, but it sometimes logs me out.”
— Clara, South Africa
Overall, users like the Android and iOS apps, but some minor bugs like auto-logout or loading delays have been reported.
📝 Final Verdict from Users
So, what’s the overall opinion from real Quotex users in 2025?
| Category | User Rating |
|---|---|
| Ease of Use | ⭐⭐⭐⭐☆ (4.5/5) |
| Deposit/Withdrawal | ⭐⭐⭐⭐☆ (4.3/5) |
| Trustworthiness | ⭐⭐⭐☆☆ (3.5/5) |
| Mobile App | ⭐⭐⭐⭐☆ (4.2/5) |
| Customer Support | ⭐⭐⭐⭐☆ (4.1/5) |
Most users find Quotex website reliable for small-scale trading and appreciate its beginner focus, fast transactions, and minimal fees. However, concerns about regulation and transparency still exist, especially for those planning to invest larger amounts.
📌 Final Thoughts
Quotex has gained popularity among new and casual traders thanks to its simplicity and accessibility. If you’re a beginner looking for a low-risk entry into trading, it’s a good place to start—as long as you trade responsibly and avoid overinvesting.
Before putting in real money:
- Use the demo account to practice
- Start with small amounts
- Stick to a tested strategy
- Withdraw profits regularly
