If you’ve been hunting around Telegram, VK, or Google for “easy binary platforms” in Russia lately, you’ve probably stumbled across a few names that look suspiciously like Quotex—same layout, same trading screen, same fake social feed, same bold payout percentages. But the logos are different, the URLs don’t match, and the companies behind them are totally opaque.
Welcome to the Quotex clone scene—a growing group of binary options platforms that imitate Quotex’s design and features, but operate under completely different (and often anonymous) ownership. These clones are everywhere in 2025, and Russian traders are still falling for them. If you’ve seen names like QxBroker, QuickTrade, TradeOlymp, or QTradeX, you’re looking at one of these.
Let’s break down what these clones are, how they compare to Quotex, and why trading on them is a huge risk—especially if you’re in Russia.
Are Quotex Clones Legit?
No. They’re not regulated. They’re not transparent. And in most cases, they’re anonymous shell platforms designed to cash in on the Quotex model.
Here’s what they all have in common:
- No company information on the website
- No legal docs with actual enforcement
- No registration with any authority—not even offshore
- No terms that hold up in any court
- No customer service outside of Telegram bots or fake emails
Some clones copy the Quotex UI exactly, down to the fonts, charting tools, and fake “leaderboard” of winning traders. Others add small branding tweaks, like changing the background color or rearranging the tabs. But the back-end behavior is usually the same—you deposit crypto or e-wallet funds, place trades, maybe win a bit at first, then hit withdrawal problems.
Binary Options Trading on Quotex Clones
The trading itself mimics Quotex:
- Up/Down trades (1–60 minutes)
- High payout rates advertised (80%–98%)
- Minimal charts, fixed expiry timers
- Asset list includes forex, crypto, stocks, and indices
- Trade amounts from $1 to $1,000+
But behind the scenes?
- No trade audit
- No proof of pricing feeds
- No way to verify your win/loss results
- Slippage, delay, or denial during peak trade moments
- Random account freezes with no explanation
And of course—no one to contact when something goes wrong.
Why Russian Traders Still Fall for Them
It’s simple. These clone platforms:
- Are promoted heavily in Russian-language Telegram channels
- Use Russian-language landing pages and influencers
- Have low minimum deposits (as little as $5)
- Allow crypto and ruble e-wallet funding
- Look like the “real” Quotex interface
- Promise huge payouts and fast withdrawals
For new or casual traders, these platforms feel familiar, and they’re easy to access without verification, KYC, or blocked banks.
But this familiarity is manufactured—none of these clones are affiliated with Quotex.
Deposits and Withdrawals
This is where the trap really sets in.
- Minimum deposit: $5–$10
- Payment methods:
- Crypto (USDT, BTC, LTC)
- QIWI, Advcash, Payeer
- Occasionally bank cards or P2P methods
At first, you might get a withdrawal or two approved—just enough to build trust. Then:
- Delays start
- Support vanishes
- “Security flags” get raised
- Accounts are “under review” for weeks
- Or worse: balances just disappear without warning
There are no chargebacks on crypto. No oversight. And no way to recover your funds.
Bonuses and Promotions
Most clones run aggressive bonus schemes:
- 100% or 200% deposit bonuses
- “Risk-free trades” that disappear on loss
- Trading contests with fake winners
- Leaderboards showing fake users making thousands per minute
Bonuses are always rigged to prevent withdrawals:
- Trade volume requirements (30x–100x)
- Hidden rules that void your balance if you withdraw early
- Fine print written to favor the platform at every step
These are not legitimate incentives—they’re designed to trap your money.
Copy Trading and Social Features
Fake, fake, and fake.
- Most clones show a fake leaderboard or feed of live trades
- “Top traders” making $500–$1,000 per minute? Completely fabricated
- Copy trading buttons often don’t work, or just mirror random trades
Even if the system seems functional, there’s no proof any trades are real. It’s all part of the illusion to keep users clicking and depositing more.
Platform and Mobile Experience
This is where they shine—on the surface.
- Slick, mobile-friendly UI
- Browser-based trading with fast load times
- Modern charts and indicators (RSI, MA, Bollinger Bands)
- No KYC required
- Fast registration—email and password, done
But it’s like a casino interface built in HTML. It’s meant to look real, fast, and user-friendly so you forget there’s no company behind it.
No official mobile apps on Google Play or App Store—only APKs from sketchy links or sideloading, which is a huge security risk.
Support and Russian Language Access
Almost all of them offer:
- Russian-language websites
- Russian-language support “chat” buttons
- Telegram bots or channels for updates
But that support? Mostly:
- Auto-replies
- Bot-driven “FAQs”
- No one answers after you ask about withdrawals
They’re fast to answer before your first deposit—and silent the moment you ask where your money went.
Security and Regulation
Let’s be clear:
- No regulation
- No financial license anywhere
- No legal business address
- No published owners or contact info
- No dispute process
- No protection if they vanish overnight
These are entirely unregulated platforms, often spun up by anonymous developers who abandon them after collecting enough deposits.
Should Russian Traders Use Quotex Clones for Binary Options?
Absolutely not.
While real Quotex has its own limitations (offshore, unregulated), at least it’s a known entity with a working platform, real traffic, and a semi-stable reputation.
The clones? They’re gambling websites in disguise, with:
- No oversight
- No reliability
- No transparency
- No accountability
They are designed to mimic trust without offering any of it.
Final Verdict:
- Binary Options Available: ✅ (but likely manipulated)
- Russian Traders Accepted: ✅
- Russian Language Support: ✅
- Crypto Deposits: ✅
- Low Minimums: ✅
- Bonuses: ❌ (toxic)
- Regulation: ❌
- Copy Trading: ❌ (fake)
- Support: ❌ (non-existent)
Quotex clones are untrustworthy knockoffs built to exploit new binary traders in Russia and beyond. If it looks like Quotex but isn’t from the official domain (quotex.io or quotex.com)—stay far away. Use only verified brokers, and avoid any platform being pushed through private Telegram groups or dodgy influencer links.