Below is a comprehensive analysis of Maxbit LLC, operating as Quotex under the website https://qxbroker.com/en/, based on the requested criteria. The analysis draws from available web sources, critical evaluation, and general knowledge about assessing online brokers. Note that while some sources provide specific details, others are contradictory or incomplete, so I’ve cross-referenced and critically evaluated them to provide a balanced perspective.
Reviews.io (April 2025): qxbroker.com has 966 reviews with an average score of 4.60, with 875 customers rating it “excellent.” Users praise the platform’s user-friendly interface, quick trade execution, and diverse assets (forex, crypto, commodities). However, occasional withdrawal delays are noted.
Trustpilot (April 2025): Quotex has a 4-star rating from 4,723 reviews. Positive feedback highlights ease of navigation, fast trade execution, and smooth deposits/withdrawals. Negative reviews include account suspensions (e.g., one user reported a suspended account with $830) and allegations of scam behavior, such as withdrawal issues. Some users warn of fake reviews.
Sitejabber: Quotex has been flagged for suspicious review activity, with many reviews suspected to be fake and under investigation. One user called it a scam, citing inability to withdraw funds despite quick deposits.
Reclame Aqui: No specific complaint data is provided, but the platform is mentioned as a tool to check qxbroker.com’s reputation.
Critical Observations:
Positive reviews dominate, but the high volume of glowing reviews raises suspicion of manipulation, especially given Sitejabber’s flag for fake reviews. Negative reviews, though fewer, are significant, citing serious issues like withdrawal failures and account suspensions.
Allegations of scam behavior (e.g., Telegram groups like “Olivia Trades” linked to Quotex) suggest potential coordinated fraudulent activity.
Complaints about customer support responsiveness vary—some praise it, while others report delays or unhelpful responses.
Risk Level: Medium-High. The presence of negative reviews about withdrawals and account issues, combined with suspicions of fake reviews, suggests caution.
Scam Detector: qxbroker.com has a medium trust score of 58.3, tagged as “Active. Medium-Risk.” The score is based on 53 factors, including high-risk activities like phishing and spamming. A “Proximity to Suspicious Websites” score indicates connections to questionable platforms, though not necessarily intentional.
Gridinsoft: qxbroker.com is flagged as a scam website based on malware analysis and user feedback. Gridinsoft’s anti-malware software blocks the domain, citing risks of personal information theft or fraudulent activities. However, Scamadviser (an independent source cited by Gridinsoft) gives it a high trust score, creating a contradiction.
Scamadviser (q-broker.net): A related domain, q-broker.net, has a very low trust score and is suspected to be a scam due to its hosting in a high-risk country and low visitor numbers. This raises concerns about potential brand confusion or related entities.
General Risk Factors:
Binary options trading, which Quotex specializes in, is inherently high-risk due to its speculative nature. Losses can exceed deposits, and the platform’s 98% return claims are enticing but unrealistic for most traders.
Lack of strong regulatory oversight (discussed later) increases risk, as there’s limited recourse for disputes.
Risk Level: High. Conflicting trust scores, scam flags, and the high-risk nature of binary options trading indicate significant risk.
Gridinsoft Analysis: qxbroker.com is flagged for potential malware risks, with recommendations to use anti-malware software to block harmful extensions or data theft.
SSL/TLS Certificates: The website uses HTTPS, indicating basic encryption for data transmission. However, no specific details on SSL certificate validity or issuer are provided in the sources.
Cloudflare Integration: The platform likely uses Cloudflare for DNS and security (common for trading platforms), which offers DDoS protection and a Web Application Firewall. However, Cloudflare’s services are also used by scammers, so this alone doesn’t guarantee legitimacy.
Quishing Risks: While not directly linked to qxbroker.com, the broader context of QR code phishing (quishing) suggests caution with any QR codes embedded in emails or social media posts from the platform, as they could redirect to malicious sites.
UpGuard Security Rating: No specific rating for qxbroker.com, but the framework for assessing brokers includes checks for website security, email security, and phishing/malware risks. Quotex’s security measures are described as “robust” by some sources, but no technical details (e.g., two-factor authentication, encryption standards) are provided.Security Assessment: Moderate. HTTPS and potential Cloudflare use are positive, but malware flags and lack of detailed security disclosures lower confidence.
Registered: Approximately 3 years ago (circa 2022, per Gridinsoft).
Owner: Hidden via DomainsByProxy.com, a privacy service that masks registrant details. This is common for legitimate businesses but also used by scammers to avoid accountability.
Contact: Complaints can be directed to [email protected] or +1 (480) 624-2505 (GoDaddy support).
Critical Observations:
A 3-year domain age suggests some stability, as scam sites often have shorter lifespans. However, the use of privacy protection obscures transparency.
No red flags in the WHOIS data itself, but the lack of public owner information limits traceability.
WHOIS Risk: Low-Moderate. The domain age is reassuring, but hidden ownership is a minor concern.
The server is hosted in a country flagged as high-risk by the International Banking Federation for fraud and corruption (specific country not named in sources).
Likely uses Cloudflare for hosting and CDN services, which is standard for high-traffic sites but doesn’t inherently indicate legitimacy.
IP Analysis:
No specific IP address or geolocation details are provided in the sources.
High traffic (2.1M visits in April 2025, per Ahrefs) suggests robust infrastructure, but popular platforms can still be scam targets.
Critical Observations:
Hosting in a high-risk country is a red flag, as it may complicate legal recourse.
Lack of detailed IP or server location data limits deeper analysis.
Hosting Risk: Moderate-High. High-risk country hosting and lack of transparency raise concerns.
Presence: Quotex likely has social media accounts (e.g., Facebook, Telegram), as implied by user complaints about Telegram scams (e.g., “Olivia Trades”). However, specific profiles aren’t detailed in the sources.
Red Flags:
Scamadviser emphasizes checking social media links, as legitimate businesses typically have active, verified accounts. Absence of clear social media presence or unverified accounts could indicate a scam.
Telegram groups linked to Quotex have been flagged as potential scam operations, suggesting misuse of social media for fraudulent promotions.
User Feedback: Some reviews mention WhatsApp contacts (e.g., “Daisy” at +1 (505) 402-0714) for refunds, which is unusual for a legitimate broker and suggests potential scam tactics.Social Media Risk: High. Limited verified presence and scam allegations on platforms like Telegram are concerning.
Account Suspensions: Reports of unexplained account suspensions with significant balances (e.g., $830) suggest unfair practices.Overall Red Flags: Numerous and significant, pointing to potential scam behavior.
The website (https://qxbroker.com/en/) promotes Quotex as an “innovative platform for online investment” with a demo account ($10,000 virtual funds), low minimum deposit ($10), and up to 98% returns. It offers trading in forex, cryptocurrencies, commodities, and indices.
Features include a user-friendly interface, mobile app, real-time market data, and 20+ payment methods with no fees. A 30% bonus on deposits of $100+ is advertised.
Educational resources and a demo account are highlighted as beginner-friendly.
Critical Observations:
The website’s professional design and feature-rich platform mimic legitimate brokers, but this is also a tactic used by scams to build trust.
Claims of high returns and bonuses are red flags, as they oversimplify the risks of binary options trading.
The demo account is a positive feature, but some users report issues transitioning to real trading (e.g., withdrawal problems).
No clear disclosure of risks is mentioned in promotional content, which is concerning for a high-risk platform.Content Risk: Moderate-High. Professional appearance is offset by unrealistic claims and insufficient risk warnings.
Quotex is not regulated by major authorities like the FCA (UK), CySEC (Cyprus), or SEC (US). It operates under unspecified regulatory oversight, which varies by jurisdiction.
The platform is unavailable in countries like the US due to regulatory restrictions on binary options.
Some sources claim Quotex complies with “industry standards” and holds licenses, but no specific regulatory bodies are named, and oversight appears limited.
Critical Observations:
Lack of regulation by top-tier authorities is a major red flag, as it leaves traders with little protection in disputes.
Binary options are banned or heavily restricted in many countries due to their high-risk nature, which aligns with Quotex’s limited geographic availability.
The absence of clear licensing details undermines claims of transparency and legitimacy.
Regulatory Risk: High. Limited oversight and lack of named regulatory bodies are significant concerns.
To mitigate risks when considering qxbroker.com, users should:
Use the Demo Account: Practice with the $10,000 virtual funds to assess the platform without financial risk.
Start Small: Deposit the minimum ($10) and avoid large investments until the platform’s reliability is confirmed.
Verify Withdrawals: Test withdrawals with small amounts to ensure funds can be accessed.
Avoid Bonuses: Bonuses (e.g., 30% on $100 deposits) often come with restrictive terms that complicate withdrawals.
Check Social Media: Verify official accounts and avoid unsolicited contacts (e.g., Telegram or WhatsApp).
Use Anti-Malware: Install software like Gridinsoft to protect against potential malware from the site.
Research Regulation: Confirm the platform’s compliance with local laws, as regulatory status varies by country.
Monitor Reviews: Check platforms like Trustpilot and Sitejabber for recent user experiences, but filter for verified reviews to avoid fake ones.
Avoid QR Codes: Do not scan QR codes in emails or social media posts without verifying the source, due to quishing risks.Precaution Level: High. Users must exercise extreme caution due to scam flags and regulatory gaps.
qxbroker.net: Likely a related site, but its content is identical to qxbroker.com, suggesting potential rebranding or mirroring.
q-broker.net: Flagged as a scam with a low trust score, hosted in a high-risk country. This could confuse users searching for Quotex.
qxbroker.con: A typo domain with an extremely low trust score (4.4) and scam warnings.
Competitor Overlap:
Sites like quotex.net.in, binomo.com, and eseta.org.za rank for similar keywords, potentially causing confusion among traders.
Trademark Issues:
No specific trademark conflicts are noted, but the USPTO warns that similar-sounding or visually similar trademarks can cause confusion. Quotex’s branding is distinct, but typo domains (e.g., qxbroker.con) could exploit user errors.
Critical Observations:
The existence of scam-flagged domains (q-broker.net, qxbroker.con) suggests deliberate attempts to mimic or exploit Quotex’s brand.
Users must double-check URLs to avoid phishing sites or fraudulent platforms.
Brand Confusion Risk: Moderate. Similar domains and typo variations pose a risk, but Quotex’s primary branding is relatively distinct.
12. Critical Evaluation and Establishment Narrative ¶
Establishment Narrative: Quotex presents itself as a legitimate, innovative broker with a user-friendly platform, high returns, and robust security. Positive reviews and high traffic (2.1M visits in April 2025) reinforce this image.
Critical Examination:
The narrative is undermined by scam flags (Gridinsoft, Scam Detector), fake review suspicions, and withdrawal complaints. These suggest a polished front masking potential fraudulent practices.
The lack of regulatory transparency and hosting in a high-risk country align with tactics used by scam brokers.
Binary options trading’s inherent risks are downplayed, which is misleading and exploitative, especially for inexperienced traders.
Alleged Telegram scams and WhatsApp contacts indicate possible coordinated fraud beyond the platform itself.
Conclusion: The establishment narrative is overly optimistic and glosses over serious risks. Independent sources and user complaints reveal a more troubling picture, suggesting caution.
Overall Risk Level: High. qxbroker.com (Quotex) exhibits multiple red flags, including scam flags, withdrawal issues, fake review suspicions, limited regulatory oversight, and high-risk hosting. While it has a professional interface and some positive user feedback, these are outweighed by significant concerns.
Recommendation: Avoid using qxbroker.com for real-money trading until clearer evidence of legitimacy emerges (e.g., verified regulation, consistent withdrawal success). If exploring the platform, use the demo account only and follow strict precautions (e.g., anti-malware, small test deposits).
Key Takeaways:
The platform’s professional appearance and high traffic are not sufficient to confirm legitimacy.
Binary options trading is inherently risky, and Quotex’s lack of regulation amplifies this.
Users must verify URLs, avoid unofficial contacts, and monitor reviews critically to avoid scams.
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