uotex Broker Review (2025) Overview: Quotex is a digital options broker that has gained popularity due to its user-friendly interface, fast execution, and high payout rates. Founded in 2019 under the name Awesomo Ltd, Quotex is regulated by the IFMRRC and caters to both beginners and experienced traders. Pros: Simple & Clean UI: The platform is beginner-friendly and very easy to navigate, making it ideal for new traders. High Payouts: Quotex offers up to 95%-98% payout on successful trades, which is one of the highest in the industry. Fast Execution: Orders are executed instantly without noticeable delays or slippage. Low Minimum Deposit: You can start trading with as little as $10, and the minimum trade amount is $1. Multiple Deposit Methods: Includes Crypto, UPI, Skrill, Neteller, Perfect Money, and more. Demo Account Available: $10,000 free demo account helps practice strategies without risking real money. Copy Trading Feature: Allows you to follow and copy top traders, useful for beginners. Cons: Not Regulated by Major Authorities (like FCA or CySEC): Though IFMRRC provides basic regulation, it's not as trusted as top-tier regulators. No Mobile App on Play Store (in some regions): Users may need to download the APK directly from the website. Verdict: Quotex is one of the best brokers for digital options trading if you're looking for simplicity, high payouts, and fast withdrawals. It’s great for short-term and high-frequency traders. However, always manage your risk and avoid overtrading since digital options carry high risk.