Quotex Broker Overview
Quotex deposits are pretty straightforward once you know which method works in your country and, especially, how much the Quotex minimum deposit amount is. When I first funded my account, I went in without checking the options available in my region and hit a card block on my first attempt. A few minutes of research would have saved me the trouble.
So in this Quotex deposit guide, I’ll walk you through everything related to the funding process. I’ll start with the minimum deposit amount, move on to the available methods, and then cover the process step by step. We’ll also briefly talk about Quotex deposit bonuses and where you can find the latest codes.
- The minimum deposit on Quotex is $10 for most methods (e-wallets, USDT, local options) and $50 for Visa/Mastercard and Bitcoin.
- Individual use is not explicitly criminalized, but there is zero legal protection for Pakistani traders.
- Quotex charges zero deposit fees, and any fees come from your payment provider.
- EasyPaisa and JazzCash are not directly supported. Pakistani users route deposits through crypto exchangers.
- If you’re from India, UPI is the fastest and most reliable option.
- For Pakistan, USDT via Binance P2P is the safest route, as direct card deposits are often blocked by local banks.
- You can activate a deposit bonus using a promo code before confirming your payment.
Quotex Minimum Deposit
The Quotex minimum deposit amount is $10 for most payment methods. That includes USDT, local e-wallets, UPI, Binance Pay, and most regional options. Visa/Mastercard and major cryptocurrencies like Bitcoin and Ethereum have a higher minimum of $50.
Here’s the breakdown of minimum amounts by popular deposit method:
| Payment Method | Minimum Deposit |
|---|---|
| Visa / Mastercard | $50 |
| Bitcoin (BTC) | $50 |
| Ethereum (ETH) | $50 |
| USDT (TRC-20, BEP-20) | $10 |
| Binance Pay | $10 |
| UPI / IMPS (India) | $10 |
| Local e-wallets | $10 |
| Local bank transfer | $10 |
Keep in mind that the Quotex minimum deposit also applies to your first real-money trade. The minimum trade size on Quotex is $1, so even with the $10 deposit, you have room to test the platform before risking more.
Quotex Deposit Methods
Quotex supports several deposit categories, which include bank cards, cryptocurrencies, e-wallets, and local payment options. Which ones actually show up in your account depends on your country, but here’s the full picture:
| Payment Method | Minimum | Fee | Speed |
|---|---|---|---|
| Visa / Mastercard | $50 | None | Instant |
| Bitcoin (BTC) | $50 | Network fee | 10–60 min |
| Ethereum (ETH) | $50 | Network fee | 5–15 min |
| USDT TRC-20 | $10 | Network fee | 5–15 min |
| USDT BEP-20 | $10 | Network fee | 5–15 min |
| Binance Pay | $10 | None | Instant |
| UPI / IMPS (India) | $10 | None | Instant |
| Local e-wallets | $10 | None | Instant |
| Local bank transfer | $10 | None | 1–3 days |
I should also clarify that Quotex itself charges no deposit fees on any method. So, if you do get charged, it’s coming from your bank or payment provider, not the platform.
Best Deposit Method for India
UPI is the best Quotex deposit method for Indian traders. It’s instant, and the minimum is $10 with no fees on either end. IMPS and Net Banking work too if UPI isn’t available to you, but it’s still the one many Indian traders go with first. Just make sure your KYC verification is done before you deposit. Some methods, including cards, won’t process until your account is verified.
Best Deposit Method for Pakistan
EasyPaisa and JazzCash, which are very popular in Pakistan, are not natively supported on Quotex. So, you can’t deposit directly from either wallet into your Quotex account. What Pakistani traders actually do is use them to buy USDT on Binance via P2P, then deposit that USDT into Quotex.
It takes a few extra steps, but it’s the most reliable Quotex deposit method in Pakistan. Note that direct card deposits from Pakistan are usually blocked by local banks flagging offshore trading platforms. So, USDT via Binance Pay is pretty much the standard workaround most traders there use.
Quotex Deposit Bonus and Promo Code
Quotex also offers a deposit bonus on every top-up, and you can stack it with a promo code for a higher percentage. The standard bonus tiers based on deposit amount are:
| Deposit Amount | Bonus |
|---|---|
| $60 – $99 | 20% |
| $100 – $149 | 25% |
| $150 – $299 | 30% |
| $300+ | 35% |
These activate automatically when you deposit above the threshold. No code is needed for the tiered bonus. It shows up in the deposit interface as you enter your amount.
A promo code gives you an additional percentage on top of your deposit, applied at the time of payment. You enter it in the promo code field during the deposit process, before you confirm. The code below gives you 70% extra on your deposit.
Before you activate any bonus, you should know that Quotex requires a 100x turnover before bonus funds can be withdrawn. So if you deposit $100 and take the 30% bonus, you receive $30 in bonus funds. However, you’d need to turn over $3,000 in trades before that bonus converts to a withdrawable balance. The deposit itself is yours to withdraw anytime; only the bonus portion is locked.
If you want a full breakdown of every active code and bonus type, I’ve covered it in detail in our Quotex promo codes guide.
How to Deposit Money in Quotex
A typical Quotex deposit takes under two minutes once your account is set up. Here’s the exact process:
- Log in to your account on the Quotex official website or through the mobile app.
- Click the green “Deposit” button in the top-right corner of the trading screen.
- Select your payment method. Only methods available in your country will appear, so don’t worry if the list looks different from what you’ve seen elsewhere.
- Enter your deposit amount. The interface will show you the minimum and maximum for the method you selected.
- Enter your promo code if you have one. There’s an “I have a promo code” field just below the amount. Click it, enter the code, and the bonus percentage will apply before you confirm.
- Confirm the payment. For UPI or e-wallets, you’ll be redirected to approve the transaction. For crypto, you’ll get a wallet address to send funds to. For cards, fill in your details and hit Pay.
Your balance updates instantly for most methods. Crypto deposits take longer depending on the network. The most popular one, which is USDT on TRC-20, is usually done within 5–15 minutes.
A note on KYC: You should complete your identity verification before your first Quotex withdrawal, but you can deposit and trade without completing it. That said, I’d recommend getting it done early. That’s because some payment methods, including Visa and Mastercard, won’t process deposits until your account is verified.
Not ready to deposit yet? Open a free Quotex demo account and get $10,000 in virtual funds to practice on the real platform. No deposit, no risk.
Try Demo Free →Quotex Deposit Issues and Fixes
Common deposit issues on Quotex are usually one of four things. Here’s how to identify and fix each one.
Your Bank is Blocking the Transaction
This is the most common problem for traders in India and Pakistan. Local banks frequently flag and reject payments to offshore trading platforms. If your card deposit fails or gets declined, the issue is almost certainly your bank, not Quotex.
The easy fix is to switch to USDT via Binance Pay. It bypasses the bank entirely and works from both countries without issues. Indian traders can also try UPI if the card route isn’t working.
Your Crypto Deposit Hasn’t Reflected Yet
If you sent crypto and your Quotex balance hasn’t updated, it’s likely still waiting for blockchain confirmations. USDT on TRC-20 typically confirms within 5–15 minutes. Bitcoin can take anywhere from 10 minutes to an hour, depending on network congestion.
Check your Quotex transaction history under Account → Transactions. If it shows “Processing,” just wait it out. Don’t send a second transaction.
Your KYC Isn’t Complete
Visa and Mastercard deposits require a verified account. If you haven’t completed identity verification and you’re trying to deposit via card, it won’t go through. Go to your account settings, complete the KYC process, then try again.
When to Contact Support
If your deposit shows as “Processing” for more than 30 minutes on e-wallets or UPI, or more than 2 hours on crypto, contact Quotex support through the live chat inside your trading account. Have your payment receipt ready, because they’ll need the transaction ID to look it up on their end.
Don’t contact support before checking your transaction history first. Nine times out of ten, the deposit is just processing and shows up on its own.
Conclusion
The Quotex deposit process is simple once you know which method works in your country and what the minimums are. If this is your first time, start with the $10 Quotex minimum deposit to verify everything works on your end before putting in a larger amount.
Once you’ve funded your account and you’re ready to take money out, read our Quotex withdrawal guide.It covers processing times, limits, and the most common issues traders run into.
FAQs
Can I deposit in INR directly on Quotex?
No. Quotex processes all deposits in USD. If you’re depositing via UPI or IMPS, your bank converts INR to USD automatically at the current exchange rate. You enter the amount in USD on the Quotex side.
Can I have multiple deposit methods on the same account?
Yes, but with a catch. Quotex ties your withdrawal method to whichever method you used to deposit. If you’ve deposited via two different methods, contact support before withdrawing. They’ll clarify which method applies to which funds.
Is there a maximum deposit limit on Quotex?
It depends on the method. Visa/Mastercard caps vary by country and typically sit between $500 and $1,100 per transaction. USDT via Binance Pay has a much higher ceiling, around $55,000 per transaction, which makes it the better option if you’re depositing a larger amount.
Does the deposit bonus expire?
Yes. Quotex bonus funds are not permanent. They expire if you don’t meet the turnover requirement within the validity period set at the time of activation. The exact timeframe varies by promotion, so check the bonus terms in your account before depositing with a code.
Can I cancel a deposit once it’s been submitted?
No. Once a deposit is confirmed on your end, it can’t be cancelled. Crypto transactions are irreversible by nature, and card or e-wallet payments are processed immediately. If there’s an issue with the amount or method, contact Quotex support, but don’t expect a reversal.
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