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Kristian Wright 16 / May / 22

Scam - honest scam reviews

KVOTEKS - broker. testimonials from affected customers.
Visitors: 717 Rating:

 Organizations selling brokerage services in the Forex market regularly appear. In order for traders to understand who they can trust, we have written a review of QUOTEX operating in Britain.

Our staff have reviewed the website, information from official data sources.

Official site - review is a boilerplate website with very little information. The visitor is immediately offered to get acquainted with the tariff plan, register and “trade on Forex”.
Contact information - phone number and official address.
No data was found about the experience of providing services, current licenses and official documents, ways of working with users.
In addition, for the review of, our experts analyzed the details of the domain name. It turned out that it was registered less than one month.
More information can only be obtained by registering.
Therefore, it can be confidently stated that too little information is published on the website, which certainly raises concerns.

QXBroker review - legal address of the brand

After checking the official address listed on the official website of, we found many publications about fraudulent transactions related to scams in the Forex market.
Our experts have not identified facts indicating that a real company is registered at the official address published on
It also raises concerns that the QUOTEX address is not located in Britain, where the company offers its services, but in another country. review - phone number

After analyzing the phone, our experts found references to its use in illegal operations. In the past, he has also been associated with criminals trying to pose as Forex brokers.

QUOTEX review - reviews

An essential component of the QUOTEX review is the study of references on the Internet. On the official website of, our experts found a number of formulaic, false reviews with fake faces and non-existent personalities.
In search services, the issue showed our specialists a large number of negative mentions and reviews of
Most often, traders talk about the inability to return the money, the incomprehensible work of the service, the boorish behavior of managers.
That is, judging by the reviews on the Internet, QUOTEX are deceivers.

Bonuses for creating an account from QUOTEX

As a rule, young Forex firms give newly registered clients gifts for creating an account. Most often, these are various positive gifts, such as recommendations from analytics specialists. However, on the QUOTEX website and in promotional materials, we found information about bonuses in the amount of the initial deposit. You need to be aware that these are the funds that the broker gives to traders for trading in the Forex financial market, and not some coins that do not go beyond the system.
This is very suspicious because with such gifts, the period for receiving income from the user is extended, with significant expenses.
In principle, we can assume that the reason is the extraordinary kindness of QUOTEX, but in fact everything is much simpler. Money is not withdrawn outside the system, since all QUOTEX activities are fraudulent.

Account types for

On the website, you can find several types of accounts that differ not only in trading features, but also in the size of initial deposits. This is a standard technique for motivating people to make big investments, to get a premium type of account.
You may be offered personal advice from experts, insured trades, access to exclusive information. However, all this is a lie, it is only used to pull out investments.
You need to know that no matter how many deposits you transfer, they will go to scammers, since QUOTEX are scammers.


Leverage is a standard trading tool in the Forex market, which makes it possible to trade for an amount much larger than the user has. The missing investments are dealt with by an online broker. Firms that offer their people the opportunity to make transactions with high leverage take a big risk, because of this, they provide this option only to experienced players. But are scammers, accordingly they use leverage in order to drive their users into loans and seek payment for a non-existent loan.

Refund Time

Traders start working in the Forex market to earn money. Of course, this is unrealistic without the withdrawal of funds. Accordingly, the question arises: "What are the terms for QUOTEX to receive money"? On the website, our experts found data that the withdrawal of money occurs in an instant and without commissions. In fact, even serious, registered Internet brokers do not always give such working conditions. What's the catch?
The thing is that are scammers and are not going to give people the opportunity to receive money. Therefore, will offer attractive working conditions. But all their suggestions are empty.

Reviews were written before they appeared

As our staff has written before, the website has been in existence for less than 30 days. And yet, on well-known sites, you can find references three months ago.
Most likely, employees, before launching the scam, paid for custom mentions on popular resources so that users get the feeling that the brand has been operating for many months.

Examples of mentions about

QUOTEX review - demo period

On the website there is no demo access to programs that allow you to understand the quality of the services offered.
QUOTEX managers want the client to immediately transfer their personal information to them and transfer at least the smallest payment.

QUOTEX review - withdrawal of funds

Theoretically, the withdrawal of a user's investment is carried out using a form on the website. It is alarming that a visitor can use it without a personal account. Accordingly, the application will be considered manually, which is unrealistic with a large number of traders.
Our experts concluded that this form was created only to show future victims that it is possible to withdraw money, but in reality it will not work.



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