Quotex
Seychelles-based binary options platform with SC Malaysia warning issued
Platform Overview
Quotex is an FSA-regulated social trading platform founded in 2019, operated by Awesomo Limited from the Seychelles. It offers binary options trading on 400+ instruments including forex, crypto, and commodities with a $10 minimum deposit. Securities Commission Malaysia has issued a warning against this platform.
Company Information
- Registered Company Name
- Awesomo Limited
- Brand Name
- Quotex
- Headquarters
- Seychelles
- Year Established
- 2019
- Parent Company
- Awesomo Limited
- Publicly Listed
- No
Transparency Signals
Multi-jurisdictional regulatory compliance
SC Malaysia warning issued for this platform
- Regulated under light-touch jurisdiction with developing oversight standards
- Securities Commission Malaysia has issued a warning regarding this platform
- Limited operational and financial disclosure publicly available
Regulated under light-touch jurisdiction with developing oversight standards
Securities Commission Malaysia has issued an investor alert regarding this platform
Limited operational and financial disclosure publicly available for independent verification
Trust Dimension Breakdown
Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.
Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.
Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.
Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.
Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.
Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.
Regulatory Intelligence
Brand Name
Regulatory References
Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.
Regional Market Signals
Malaysia Market
Asia Pacific
Global Market
Regulatory Licenses
SC Malaysia Warning
This platform has been listed on the SC Malaysia Investor Alert List.
Internal Transparency
Transparency profile visualization
Trading Conditions
| Instrument | Spread |
|---|---|
| EUR/USD | N/A |
| GBP/USD | N/A |
| USD/JPY | N/A |
| XAU/USD | N/A |
- Commission
- Built into option premiums
- Inactivity Fee
- None
- Deposit Fees
- None
- Withdrawal Fees
- None
- Withdrawal Processing Time
- 1-5 business days
Platform Infrastructure
Safety & Protection
Operational Details
- Supported Languages
- English, Spanish, Portuguese, Russian, Indonesian
- Support Channels
- Live ChatEmail
- Payment Methods
- Credit CardBitcoinEthereumPerfect MoneyBank Transfer
Community Snapshot
Submit a Complaint
Platform Comparison
| Regulatory Tier | Tier 3 | Tier 1 |
| Transparency Signals | 4.4/10 | 9.4/10 |
| Minimum Deposit | $10 | $50 |
| Maximum Leverage | N/A (Binary Options) | Up to 1:400 |
| Spread Type | Fixed | Variable |
| Execution Model | Market Maker | Market Maker |
| Year Established | 2019 | 2007 |
| Trading Products | 4 | 7 |
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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.
Legal Disclaimer
The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.