Quotex Payments — Deposit & Withdrawal Methods
All Quotex Payment Methods at a Glance
Quotex offers four major categories of payment methods. Each category has different deposit speeds, withdrawal speeds, fees, and country coverage. Use this overview table to identify the right method for your situation, then read the dedicated guide for that method.
| Category | Methods | Deposit Speed | Withdrawal Speed | Min Deposit |
|---|---|---|---|---|
| Credit/Debit Cards | Visa, Mastercard, Maestro | Instant | 1–3 business days | $10 |
| E-wallets | Skrill, Neteller, Perfect Money, AdvCash | Instant | 1–24 hours | $10 |
| Cryptocurrencies | BTC, ETH, USDT, USDC, LTC, DOGE, TRX, BNB | 10–60 min (block confirms) | 1–6 hours | $10 equiv. |
| Local Payment (LATAM) | PIX, Boleto (BR), SPEI (MX), PSE (CO) | Instant–1h | 1–24 hours | $10 equiv. |
| Local Payment (Asia) | UPI (IN), JazzCash/EasyPaisa (PK), DANA/OVO/GoPay (ID) | Instant | 1–24 hours | $10 equiv. |
| Local Payment (Africa) | M-Pesa (KE), Paystack/Flutterwave (NG) | Instant | 2–48 hours | $10 equiv. |
Deposit Methods — Step-by-Step
To deposit on Quotex: log into your account, click the green 'Deposit' button at the top right, select your payment method, enter the amount in your local currency (Quotex auto-converts to USD), and follow the prompts. Card deposits and e-wallet deposits are instant. Crypto deposits arrive after 1–6 blockchain confirmations depending on the network. Local payment methods (PIX, UPI, M-Pesa) credit within minutes during banking hours. Read our full Deposit guide for screenshots and country-specific notes.
- Card deposits — instant credit, $10 minimum, supports Visa/MC/Maestro globally except sanctioned countries
- Crypto deposits — BTC requires 1 confirmation (~10 min), USDT TRC-20 is fastest (~30 sec)
- E-wallets — Skrill/Neteller/Perfect Money/AdvCash credit instantly, fee 0–2.5% depending on wallet
- PIX (Brazil) — instant 24/7, no fee, R$50 minimum
- UPI (India) — instant, no fee, ₹500 minimum
- JazzCash/EasyPaisa (Pakistan) — instant during operating hours, PKR 1,500 minimum
Withdrawal Methods and Processing Times
Quotex withdrawals are paid back to the same method used for deposit. If you deposited by card, withdrawal goes back to that card; if you deposited by USDT, withdrawal goes to your USDT wallet. The first withdrawal triggers KYC verification (24h typical). Subsequent withdrawals after KYC is approved are processed within the timeframes below.
| Method | Withdrawal Time | Min Withdrawal | Max per Day | Fee |
|---|---|---|---|---|
| Visa/Mastercard | 1–3 business days | $10 | $5,000 | 0% |
| Skrill | 1–24 hours | $10 | $10,000 | 0% |
| Neteller | 1–24 hours | $10 | $10,000 | 0% |
| Perfect Money | 1 hour | $10 | $10,000 | 0% |
| AdvCash | 1 hour | $10 | $10,000 | 0% |
| BTC | 1–6 hours | $50 equiv. | $50,000 equiv. | Network fee only |
| USDT (TRC-20) | 30 min – 2 hours | $10 equiv. | $50,000 equiv. | $1 (network) |
| PIX (Brazil) | 1–4 hours | R$50 | R$25,000/day | 0% |
Deposit and Withdrawal Limits
Limits on Quotex apply per transaction, per day, and per month. Limits vary by payment method and by KYC tier. Tier 1 (email-verified only) has lower limits; Tier 2 (KYC-verified with ID + proof of address) unlocks the full limits below. Most active traders should complete full KYC before their second deposit to avoid limit issues during a profitable streak.
- Minimum deposit: $10 equivalent on all methods
- Maximum single deposit: $50,000 on most methods, up to $250,000 on bank wire after VIP onboarding
- Minimum withdrawal: $10 equivalent ($50 for BTC due to network fees)
- Maximum daily withdrawal: $5,000 by card, $10,000 by e-wallet, $50,000 by crypto
- Monthly withdrawal limit: none for fully verified accounts (subject to AML review on amounts >$50,000)
Currency Conversion and Fees
Your Quotex balance is denominated in USD by default. If you deposit in a local currency (INR, BRL, NGN, etc.), Quotex converts to USD at the daily mid-market rate plus a 0.5–1% spread depending on the currency. For withdrawals back to local currency, the same spread applies. Crypto deposits in USDT or USDC eliminate this conversion since they are dollar-pegged. If you trade in high volumes, choosing USDT can save 1–2% over a year compared to card deposits.
| Deposit Currency | Conversion Spread | Recommendation |
|---|---|---|
| USD (cards from US-pegged accounts) | 0% | Optimal — no conversion |
| USDT, USDC | 0% | Optimal — already dollar-pegged |
| EUR, GBP | 0.5% | Acceptable |
| INR, BRL, IDR, NGN, PKR | 1.0–1.5% | Trade-off for local convenience |
| BTC, ETH (volatile crypto) | 0% | Note: BTC/ETH value fluctuates between deposit and use |
Choosing the Best Payment Method for Your Country
The 'best' payment method is the one that combines: instant deposit speed, low fees, fast withdrawal back to your bank, and high daily limits. For most traders in Brazil, that is PIX. For India, UPI. For Pakistan, JazzCash. For Nigeria, Paystack. For Europe and global users without local options, USDT TRC-20 is the universal fastest and cheapest. Card deposits are convenient but withdrawal times (1–3 business days) are slower than e-wallets or crypto.
- Brazil → PIX (instant, free, no conversion to BRL needed on withdrawal)
- India → UPI (instant, free, INR balance preserved)
- Pakistan → JazzCash or EasyPaisa (instant during banking hours)
- Indonesia → DANA, OVO, GoPay (instant via local e-wallet)
- Nigeria → Paystack or Flutterwave (instant, NGN supported)
- Kenya & East Africa → M-Pesa (instant 24/7)
- Europe & global → USDT TRC-20 (fastest crypto, lowest network fee)
- Card users globally → Visa/Mastercard (instant deposit, slower 1–3 day withdrawal)
Payment Methods FAQ
Frequently asked questions about Quotex deposits, withdrawals, and limits. For specific issues with a transaction, contact support via live chat with your transaction ID — they can trace within 5 minutes.
Why was my card deposit declined?
Card declines usually mean: (1) issuer bank blocks foreign-currency transactions to merchant code 6051 (crypto/forex) — call your bank and request to whitelist; (2) AVS mismatch — billing address on Quotex doesn't match card; (3) 3D Secure failed — re-enter card and complete SMS verification; (4) daily card limit hit — try smaller amount or e-wallet. Quotex never holds funds on a declined transaction; the auth reverses automatically within 7 days if visible as pending.
How long does the first withdrawal take?
The first withdrawal triggers KYC (12–24 hours typical) followed by payment processing per the method. So if you deposit by card and request withdrawal: KYC review (24h) → card refund (1–3 business days) → total 2–4 business days first time. After KYC is approved, future withdrawals to the same method are within the standard processing time (no KYC repeat needed).
Can I withdraw to a different method than I deposited?
Generally no — Quotex AML policy returns funds to the same method used for deposit, up to the amount deposited. Profit beyond the deposit amount can be withdrawn to any verified method (e.g., deposited $200 by card, profit $300, total balance $500: $200 returns to card, $300 profit can withdraw to verified e-wallet or crypto wallet). This is to prevent money-laundering.
What's the cheapest withdrawal method?
USDT on TRC-20 network: $1 flat network fee, 30 min – 2 hours processing, $10 minimum. By contrast, BTC withdrawal has a $5–$15 network fee depending on Bitcoin mempool congestion. Card withdrawals are free but slow (1–3 business days). For frequent withdrawals, USDT TRC-20 is the optimal choice.
Are there hidden fees on deposits?
No deposit fees from Quotex on any method. Third-party fees may apply: Skrill/Neteller charge 0–2.5% on top depending on currency and country; card issuers may classify deposits as cash-advance (3–5% fee + ATM rate) — call your card issuer to confirm before large deposits; PIX and UPI are free from Quotex side and free from your bank side.
Can I cancel a withdrawal request before it's processed?
Yes, while a withdrawal is in 'Pending' status (before Quotex processes it), you can cancel from Profile → Withdrawals → Click the X next to the pending request. The amount returns to your tradable balance immediately. Once processing starts (status changes to 'Processing' or 'Sent'), cancellation is no longer possible.
Quotex
إفصاح: قد تكسبنا روابط التسجيل في هذه الصفحة عمولة دون أي تكلفة إضافية عليك.