Global Broker Regulation Inquiry App
WikiFX
Pushpender Sharma
1-2 years

Is Quotex a regulated broker?

Broker Issues
Quotex
Regulation
05-15
United States
WikiFX
Reply

When I’m evaluating a broker like Quotex, one of my top priorities is whether or not they’re regulated. In the case of Quotex, the platform is unregulated, which raises some concerns for me. Regulation is crucial because it provides a safety net for investors like myself, ensuring that the broker follows industry standards and offers protection for my funds. The fact that Quotex trading operates without this oversight makes me hesitant to fully trust the platform. I believe regulated brokers provide more transparency and security, which is essential for anyone making significant investments. I always choose regulated brokers to avoid the risk of my funds being mismanaged or unprotected, which is why I would be cautious with Quotex broker despite its attractive features like low minimum deposit and available bonuses.

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United States
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