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quotex is delaying on withdrawal now and perviously did scam
Benson S
India
2024-12-19
ANSWER Dear Investor, We understand how distressing and frustrating this situation can be. We have flagged Quotex as a scam, a fraudulent trading platform that has been warned by various financial regulators. Recently, we have seen an increase in the number of complaints from Quotex clients. We urge you to stop sending any money to Quotex, regardless of their claims. They may continue to exploit your urgency for refunds to lure you into sending more money. Gather all the evidence you can and report it to your local authorities. Meanwhile, we encourage you to file a complaint on our platform at https://www.brokersview.com/complaint. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution. Lastly, beware of recovery room scams, where fraudsters claim they can get your money back for a fee. It is crucial to understand that their sole intention is to victimize you again.
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Where does Quotex locate? Britain or something?
fortuneA
American Samoa
2022-12-25
ANSWER Quotex is not a regulated or licensed broker for traders even though it states offers that look good to be true.Quotex claims to be owned and operated by Maxbit LLC, a company registered in St. Vincent and Grenadines. We indeed find a match result to Maxbit LLC in St. Vincent and Grenadines Financial Services Authority (SVG FSA). But SVG FSA is not a financial regulator that issues licenses for forex trading or regulates entities engaging in forex.More important, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Maxbit LLC for providing investment, financial services without required authorizations. You can check the full warning from here.The truth is, Quotex is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Quotex and trade with licensed brokers.
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