How to Deposit and Withdraw Funds at Quotex

As a trader looking to fund your Quotex account, knowing the available deposit and withdrawal options is key. This 100-word guide will walk you through your funding choices when adding or removing money from your Quotex trading account. We’ll cover the deposit bonus code, minimums and limits, verification wait times, common deposit methods like credit cards and e-wallets, as well as potential withdrawal issues and processing durations. Whether you’re in India or elsewhere, read on for the essential knowledge you need to efficiently fund your Quotex account and withdraw your money. Let’s get started.

Deposit Methods Available at Quotex

Quotex offers several convenient deposit methods for traders to fund their accounts.

Wire Transfers

Wire transfers are a secure way to deposit larger amounts of funds into your Quotex account. You will need to provide Quotex with details about your bank account to send the wire transfer. The funds are available in your Quotex account typically within 1 to 2 business days after the transfer is processed.

Credit and Debit Cards

Using major credit or debit cards like Visa and Mastercard is a quick and easy way to deposit funds into your Quotex account. Deposits are processed instantly so you can start trading right away. Quotex accepts Visa, Mastercard, and Maestro cards.

E-Wallets

If you prefer to use an e-wallet, Quotex accepts Skrill, Neteller, and WebMoney for deposits and withdrawals. Deposits through e-wallets are also instant. These methods allow you to securely transfer funds to and from your Quotex account without sharing your bank account or card details.

In summary, Quotex provides traders with multiple convenient options to fund their accounts so they can start trading the markets. The availability of instant deposit methods allows traders to deposit and start trading without delay. Quotex aims to provide a quick, seamless, and secure funding experience for all clients.

What Is the Minimum Deposit at Quotex?

To get started trading with Quotex, you will need to make an initial deposit to fund your account. The minimum deposit amount is $10, which is relatively low compared to other brokerages. This low barrier to entry allows nearly anyone to open an account and start trading, even with limited capital.

Funding Your Account

You can deposit funds into your Quotex account in several ways, including:

• Debit/Credit Cards: You can use most major debit and credit cards to deposit funds, including Visa and Mastercard. Deposits are processed instantly.
• Wire Transfers: Wire transfers typically take 1-2 business days to process but allow you to deposit larger sums of money. You will need to provide Quotex with details about your bank account to use wire transfers.
• E-Wallets: Quotex accepts deposits from popular e-wallets like Skrill and Neteller. Deposits through e-wallets are also processed instantly.

Withdrawing Funds

When you are ready to withdraw funds from your Quotex account, the process is similarly straightforward. Withdrawals typically take 3-5 business days to process and funds will be returned to the source you used to deposit. The minimum withdrawal amount is $10. Quotex does not charge any fees for deposits or withdrawals.

Account Verification

Before you can deposit or withdraw funds, you will need to verify your Quotex account. This involves providing personal information like your name, address, date of birth, and Social Security number. Verifying your account helps Quotex comply with anti-money laundering laws and also allows you to access additional account features. The verification process typically takes 1-2 business days.

With a low minimum deposit, multiple funding options, and a straightforward verification and withdrawal process, Quotex makes it simple to get started trading and managing your funds. Follow their guidelines to ensure efficient processing of your deposits and withdrawals.

How to Withdraw Funds From Your Quotex Account

To withdraw funds from your Quotex trading account, you must first ensure your account has been verified to the required level based on your country of residence. Once verified, you can withdraw funds through the same payment method used to deposit funds.

Request a Withdrawal

Log in to your Quotex account and navigate to the ‘Withdraw Funds’ page under the ‘Finance’ tab. Enter the amount you wish to withdraw, select your payment method, and submit the request. Your withdrawal request will be processed within 1-3 business days.

Bank Transfers

For bank transfers, you must provide your bank account information including account number, bank name, address, and SWIFT or IBAN code. It can take 3 to 5 business days for the funds to appear in your bank account. There is no fee for bank transfers.

E-Wallets

To withdraw to an e-wallet like Skrill or Neteller, you must provide the email address associated with your e-wallet account. Funds are transferred instantly with no fees. However, it can take 24 to 48 hours for the e-wallet provider to make the funds available in your account.

Credit/Debit Cards

Withdrawals to credit and debit cards typically take 3 to 5 business days to process and appear in your account. A small fee of 1-3% of the transaction amount applies for card withdrawals. You must provide the card number, expiration date, and CVV code to request a withdrawal to your card.

Quotex aims to process all withdrawals requests efficiently and securely. However, issues can arise that delay processing times. If your withdrawal is pending for more than 5 business days, contact Quotex support for assistance. They can investigate and resolve any issues to ensure you receive your funds as promptly as possible.

Troubleshooting Quotex Withdrawal Problems

Verifying Your Account

When withdrawing funds from Quotex for the first time, you will need to verify your account to comply with Know Your Customer (KYC) regulations. This requires submitting personal identification documents like a government-issued photo ID, proof of address, and in some cases a selfie. The verification process typically takes 1-3 business days. If your withdrawal request is pending for longer than 3 business days, contact Quotex support to inquire about the status of your verification.

Checking Your Withdrawal Limit

Quotex has certain withdrawal limits in place to comply with anti-money laundering laws. The minimum withdrawal amount is $10 for most payment methods. Daily and monthly withdrawal limits also apply, depending on your account type and verification level. Log in to your Quotex account to view your current withdrawal limits under the “Withdraw Funds” page. If you have reached your limit, you will need to wait until the next limit period before withdrawing additional funds.

Selecting a Withdrawal Method

When requesting a withdrawal, you must select an available payment method like bank wire, eWallet, or cryptocurrency. The payment method must match the deposit method used to fund your Quotex account. For example, if you deposited funds via Skrill, you can only withdraw to your Skrill eWallet. Quotex does not currently support withdrawing funds to a different payment method. If you do not have access to your original deposit method, contact Quotex support for assistance.

Checking the Status of Your Withdrawal

After requesting a withdrawal, check your Quotex account dashboard for updates on the status. The process typically takes 3-5 business days. If your withdrawal status has not updated after 5 business days, contact Quotex support to inquire about the delay. Provide as much detail as possible about your withdrawal request, including the date requested, amount, and payment method. The support team will investigate and work to resolve any issues preventing the completion of your withdrawal.

Withdrawing funds from Quotex should be a straightforward process if you follow the proper procedures. Be sure to verify your account, check withdrawal limits, select the correct payment method, and monitor the status of your withdrawal request. Contacting support for any issues will help resolve problems in a timely manner and ensure you receive access to your funds.

Quotex Deposits and Withdrawals FAQ

How can I deposit funds into my Quotex account?

As a Quotex client, you have several options for depositing funds into your trading account. The most commonly used methods are bank wire transfers, credit/debit cards, and eWallets like Skrill and Neteller. Bank wire transfers typically take 2-5 business days to process but have no fees. Card deposits are instant but incur a small fee. eWallet deposits are also instant and low-cost. Choose a method that suits your needs and timelines.

What is the minimum deposit amount?

The minimum deposit amount for a Quotex live trading account is $250 USD or equivalent in your local currency. There is no upper limit, so you can fund your account with as much as you like, as long as it complies with your country’s regulations. Quotex does not charge any deposit fees for wire transfers, cards or eWallets. However, your payment provider may charge transaction fees, so check with them first.

How long does it take to withdraw funds from my Quotex account?

The processing time for withdrawals from Quotex typically ranges from 1 to 5 business days depending on your selected withdrawal method. Bank wire transfers and eWallet options like Skrill and Neteller are usually processed within 1-2 days. Card withdrawals may take 3-5 days to appear in your account. Quotex does not charge any withdrawal fees, however, third-party providers may charge additional transaction fees so check with them for details.

Are there any withdrawal limits I should be aware of?

Yes, for security and compliance reasons, Quotex has set some limits on client withdrawals:

• The minimum withdrawal amount is $50 USD.
• You can withdraw a maximum of $50,000 USD per day.
• Monthly withdrawal limits are $200,000 USD.
• If you need to withdraw larger amounts, contact Quotex customer support to request a limit increase. You will need to provide additional documentation to verify the source of funds.

Limits are in place to protect both you and Quotex from potential fraud. By complying with these limits and providing any requested verification information, you ensure a smooth withdrawal experience from your Quotex account. Let Quotex know if you have any other questions!

Conclusion

In summary, depositing and withdrawing funds with Quotex is straightforward when you follow the proper protocols. Be sure to use accepted payment methods and provide accurate account details to avoid delays. Withdrawals may take a few days to process, so plan transactions in advance. Maintaining sufficient account balances for trading activities and adhering to limits will ensure a smooth experience. The verification process is important for security, so provide documentation when requested. With a basic understanding of Quotex’s deposit and withdrawal policies, you can easily fund your account and access profits. Monitoring deposit status and planning withdrawals carefully will lead to a satisfactory experience managing your Quotex account.