Quotex for Traders in India
Quotex in India — Availability & Languages
Quotex is fully accessible to traders in India. The platform serves users from all states with no geo-restrictions on the trading interface. Hindi is one of the 19 supported languages — the interface, customer support, and educational materials are available in हिन्दी. Customer support staff include native Hindi and English speakers, available 24/7 via live chat.
Indian Payment Methods
Quotex partners with regional payment providers to support all major Indian payment systems. Deposits are instant in INR with no currency conversion losses. The minimum deposit is approximately ₹800 (equivalent to $10 USD).
| Method | Type | Min Deposit | Time | Fee |
|---|---|---|---|---|
| UPI (any UPI app) | Instant payment | ₹800 | Instant | 0% |
| PhonePe | Wallet/UPI | ₹800 | Instant | 0% |
| PayTM | Wallet/UPI | ₹800 | Instant | 0% |
| Google Pay (UPI) | Wallet | ₹800 | Instant | 0% |
| NetBanking | Bank transfer | ₹800 | Instant – 1 hour | 0% |
| Visa / Mastercard | Card | ₹800 | Instant | 0% |
| Cryptocurrency (USDT) | Crypto | $10 | 10 min – 1 hour | Network fee |
How to Open a Quotex Account from India
Account registration takes 90 seconds and KYC verification an additional 5 minutes. Indian residents can register using any Indian phone number and email address. Aadhaar is accepted for KYC verification along with PAN card and Indian driver's licence.
- Step 1: Sign up with email, password, and select India as country
- Step 2: Verify email via the confirmation link sent
- Step 3: Complete KYC: upload Aadhaar or PAN, plus address proof (bank statement, utility bill)
- Step 4: Take a selfie holding your ID document
- Step 5: Make your first deposit via UPI (₹800 minimum) — trading available immediately
Tax Considerations for Indian Traders
Profits from trading on Quotex are considered 'Income from Other Sources' under the Indian Income Tax Act, taxable at your slab rate. Filing is the responsibility of the individual trader — Quotex does not withhold or report taxes to Indian authorities. Maintain trade records (downloadable as CSV from your dashboard) for ITR filing. Consult a chartered accountant familiar with online trading for personalised guidance. This is informational only and not tax advice.
Withdrawing to Indian Bank Accounts
Withdrawals to Indian banks are supported via NetBanking, UPI, and Visa/Mastercard cards. Crypto withdrawals (USDT TRC-20 fastest) are also available and avoid any banking delays. The first withdrawal must return to your deposit source for AML compliance; after that, you can use any verified Indian banking method.
Frequently Asked Questions
Is Quotex legal in India?
Quotex operates legally as a global trading platform accessible to Indian residents. Trading binary and digital options is not specifically regulated in India as of 2026. Compliance with local tax law remains the responsibility of the trader.
What is the minimum deposit for Indian traders?
Approximately ₹800 (equivalent to $10 USD). UPI is the most popular and fastest method.
Are profits from Quotex taxable in India?
Yes. Profits are categorised as 'Income from Other Sources' and taxed at your applicable slab rate. Filing is your responsibility. Consult a chartered accountant for guidance.
Does Quotex support Hindi?
Yes. The platform is fully available in Hindi (हिन्दी) including interface, customer support chat, and educational materials.
How fast are UPI deposits and withdrawals?
UPI deposits are instant. UPI withdrawals process within 30 minutes to 4 hours depending on bank and time of day.
Can I use Aadhaar for KYC?
Yes. Aadhaar is accepted for identity verification along with PAN card. You'll also need a recent address proof (bank statement or utility bill, within 90 days).