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Quotex blog /Insights /How to Deposit and Withdraw Money at Quotex?

How to Deposit and Withdraw Money at Quotex?

Quotex offers a variety of deposit and withdrawal methods tailored for users in India and Brazil, ensuring convenience and flexibility.

How to Deposit Money at Quotex

India:

  1. Bank Transfers:
    • Minimum Deposit: ₹500
    • Fees: No fees
    • Process: Secure transfer from bank accounts to Quotex.
  2. Credit/Debit Cards:
    • Minimum Deposit: ₹250
    • Fees: No fees
    • Process: Use Visa or Mastercard for instant deposits.
  3. UPI (Unified Payments Interface):
    • Minimum Deposit: ₹100
    • Fee: No fees
    • Process: Popular method using mobile devices.

Brazil:

  1. Bank Transfers:
    • Minimum Deposit: R$50
    • Fees: No fees
    • Process: Secure transfers from Brazilian banks.
  2. Credit/Debit Cards:
    • Minimum Deposit: R$30
    • Fees: No fees
    • Process: Use major cards for instant deposits.
  3. Boleto Bancário:
    • Minimum Deposit: R$20
    • Fees: No fees
    • Process: Pay via printed or digital payment slips.

How to Withdraw Money at Quotex

India:

  1. Bank Transfers:
    • Minimum Withdrawal: ₹1000
    • Fees: No fees
    • Process: Withdraw directly to bank accounts.
  2. Credit/Debit Cards:
    • Minimum Withdrawal: ₹500
    • Fees: No fees
    • Process: Withdraw to Visa or Mastercard.
  3. E-Wallets:
    • Minimum Withdrawal: ₹200
    • Fees: No fees
    • Process: Use Skrill or Neteller.

Brazil:

  1. Bank Transfers:
    • Minimum Withdrawal: R$100
    • Fees: No fees
    • Process: Withdraw to Brazilian banks.
  2. Credit/Debit Cards:
    • Minimum Withdrawal: R$50
    • Fees: No fees
    • Process: Withdraw to major cards.
  3. E-Wallets:
    • Minimum Withdrawal: R$20
    • Fees: No fees
    • Process: Use PayPal or Skrill.

Conditions for Withdrawal of Funds

Quotex has specific conditions for withdrawals to ensure security:

  1. Account Verification: Complete the verification process with documents like passport, driver’s license, or utility bills.
  2. Minimum Amounts: Follow the minimum withdrawal amounts for each method.
  3. Processing Time: Withdrawals typically process within 1-5 business days.

How Long Does It Take to Deposit and Withdraw Funds?

  • Deposits: Instant for most methods; bank transfers may take up to 24 hours.
  • Withdrawals: Typically 1-5 business days depending on the method; e-wallets often process within 24 hours.

What Documents Are Needed for Verification?

To verify your account, provide:

  • Passport: Clear copy of the photo page.
  • Driver’s License: Valid copy.
  • Utility Bill: Recent bills showing your name and address.
  • Other Documents: As required by Quotex.

Is It Possible to Withdraw Money from the App?

Yes, withdrawals can be made from the Quotex app. The app offers the same functionality as the desktop and mobile website versions, allowing for deposits, trades, and withdrawals.

By following these guidelines, users in India and Brazil can manage their funds efficiently on Quotex, benefiting from secure and user-friendly services.

*Trading binary options involves a high level of risk and may not be suitable for all investors. The possibility of significant losses exists and you may lose all or part of your initial investment capital. You should carefully consider your investment objectives, level of experience, and risk appetite before deciding to trade binary options.

**The information provided on this website is for educational and informational purposes only and does not constitute investment advice. We are not responsible for any losses that may result from the use of this information. Always do your own research and consult a qualified financial advisor before making transactions.

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