Quotex is a binary options broker established in 2020, offering trading on a variety of financial instruments, including forex, commodities, cryptocurrencies, and stocks. Here's an overview based on recent reviews: Key Features: 1. Platform and Usability: Quotex uses a proprietary, web-based platform with a user-friendly design. It offers tools like technical indicators, charts, and market signals for analysis. A mobile app with similar functionality is also available【8】【9】. 2. Assets and Trading Conditions: Over 400 assets are available, including forex pairs, stocks, indices, commodities, and cryptocurrencies. Digital options trades have expiry times ranging from 1 minute to 4 hours. Minimum investment per trade is $1, and profitability can go up to 90%+【8】【10】. 3. Account Types and Minimum Deposits: Quotex offers a free demo account with $10,000 in virtual funds. The minimum deposit for real trading is $10, making it accessible to beginners. No commissions are charged for deposits or withdrawals【8】【10】. 4. Regulation: Quotex is registered under the International Financial Market Relations Regulation Center (IFMRRC), a self-regulatory body. While this offers some assurance, it lacks the robust oversight of regulators like the FCA or CySEC【8】【9】. 5. Support and Education: 24/7 customer support is available through live chat and email. However, the platform offers limited educational resources, which may not be ideal for beginners【10】. 6.Geographical Restrictions: Traders from countries like the U.S., Canada, and parts of Europe face limited options due to regulatory constraints【9】. Pros: Low entry barrier with a $10 minimum deposit. No deposit/withdrawal fees. Fast trade execution with customizable tools. Demo account for practice【8】【10】. Cons: Limited payment options in some regions (e.g., mostly crypto-based for the U.S.). Regulatory status is not as stringent as top-tier financial regulators. Limited educational resources【9】【10】. Conclusion: Quotex is a legitimate broker for binary options trading, offering a feature-rich platform suitable for experienced traders. However, beginners might find the lack of educational resources a challenge. While its regulatory coverage is basic, the platform provides a secure and user-friendly trading environment【8】【9】【10】.