quotex.io

Caution Advised Some Traffic Tranco #1,560,340

Quotex is an online trading platform that allows users to speculate on the price movements of various financial assets. It provides a demo account for practice and a real-money trading interface for binary options.

⚠️ Caution: High-Risk Financial Trading Platform

Risk Category: Unregulated Financial Services / High-Risk Broker

URLert.com has classified quotex.io as a high-risk entity within the financial services sector. While the platform has maintained an online presence for over six years, significant evidence suggests it operates without necessary legal oversight and presents substantial financial risk to its users.

  • Lack of Regulation: Quotex is not licensed by any top-tier financial authority (such as the FCA, ASIC, or CySEC). It operates via Maxbit LLC in St. Vincent and the Grenadines, a jurisdiction known for minimal oversight of forex and binary options trading.
  • Regulatory Blacklisting: The Italian financial regulator, CONSOB, has officially issued warnings against the operator for providing unauthorized financial services.
  • Withdrawal and Account Issues: Numerous user reports indicate a pattern of frozen accounts and denied withdrawal requests, particularly when users attempt to withdraw profits or large balances.
  • Allegations of Price Manipulation: There are persistent claims that the platform displays non-market prices or "glitches" that result in forced losses for traders.
  • Arbitrary Terms Enforcement: Users have reported sudden account closures citing vague violations of terms and conditions, often without providing evidence or recourse.

Recommendation: Exercise extreme caution. URLert.com strongly advises against depositing significant capital into this platform. Due to the lack of regulatory protection, funds may be impossible to recover in the event of a dispute. Users should seek brokers regulated by recognized financial authorities to ensure the safety of their investments.

Financial Services binary optionsonline tradingfinancial marketsinvestment
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Developer API

Integrate Domain Intelligence

Access this classification data programmatically via our API.

GET /api/v1/classify?domain=quotex.io
{
  "domain": "quotex.io",
  "confidence": "high",
  "category": {
    "purpose": "financial_services",
    "specialization": "Binary Options Trading"
  },
  "identity": {
    "headline": "Online trading platform for binary options and financial assets",
    "summary": "Quotex is an online trading platform that allows users to speculate on the price movements of various financial assets. It provides a demo account for practice and a real-money trading interface for binary options.",
    "operator": "ON SPOT GROUP LTD",
    "parent_entity": null,
    "topics": [
      "binary options",
      "online trading",
      "financial markets",
      "investment"
    ]
  },
  "functions": {
    "is_ugc_platform": false,
    "is_file_host": false,
    "is_url_shortener": false,
    "is_public_idp": false,
    "is_crypto_platform": false,
    "allows_user_subdomains": false,
    "is_form_builder": false,
    "is_document_host": false
  },
  "facts": {
    "registered_date": "2020-01-06T15:58:11Z",
    "rank": 1560340,
    "hosting_provider": "CLOUDFLARENET - Cloudflare, Inc."
  }
}
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