Quotex is an online trading platform established in 2019, specializing in binary options across various assets such as forex, commodities, stocks, and cryptocurrencies. The platform is known for its user-friendly interface, low minimum deposit of $10, and a free demo account for practice. However, it's important to note that Quotex is registered in St. Vincent and the Grenadines, a jurisdiction with minimal regulatory oversight, which raises concerns about its legitimacy and the safety of user funds. Trading Risks: Binary options trading is inherently high-risk and is restricted or banned in certain jurisdictions due to potential investor protection concerns