I Got a Deposit Promo Code for Quotex: Here’s Exactly What Happens Next

I finally found a Deposit Bonus promo code kUYXXIlGm1, created my Quotex account, and I’m ready to make my first deposit. Everything looks simple until I notice something unexpected… My balance is higher than the amount I deposited, but later I discover that my account balance and my available withdrawal amount aren’t exactly the same.

It’s completely normal when you’re using a Deposit Bonus! Here’s exactly what happened from the moment I activated my promo code kUYXXIlGm1.

Step 1. Find and Activate Promo Code

The first thing I did after registering was activate my promo code. There are two ways to do it:

• Enter the promo code kUYXXIlGm1 while making a deposit

• Open the Market section inside the platform and activate the Deposit Bonus there before depositing

One thing I liked is that Quotex shows the bonus amount before I confirm the payment.

For example, if I’m depositing $100 with a 20% Deposit Bonus, the deposit window immediately shows that I’ll receive an additional $20 in bonus funds. That makes it easy to see exactly what I’ll get before completing the transaction.

Step 2. Make Deposit and Receive the Bonus

Here’s what happened in my case.

I deposited $100, my promo code kUYXXIlGm1 gave me a 20% Deposit Bonus. As soon as the deposit was completed, my trading balance became $120.

• My own deposit: $100
• Deposit Bonus: $20
• Total trading balance: $120

The important thing to understand is that the bonus doesn’t replace my own money.

Instead, it adds extra trading funds on top of my deposit. Because of that, I can trade with a larger balance than I originally deposited, which gives me more flexibility when opening positions.

Step 3. How Trading Works with a Deposit Bonus

After the bonus is added, my trading balance contains two parts:

• the money I deposited
• the bonus provided by Quotex

I don’t have to choose which funds I’m using when I place a trade. The platform simply treats my trading balance as one balance while keeping track of where the funds came from.

That means about two-thirds of the balance comes from my deposit and one-third comes from the bonus.

When I open a trade, both parties participate together in the same proportion. If the trade ends in a loss, both portions decrease proportionally as well.

I don’t need to calculate any of this myself, the platform does it automatically in the background.

Step 4. Why Can’t I Withdraw the Entire Balance?

This is usually the first question people ask: “I have $180 on my account. Why can’t I withdraw all $180?”

My trading balance and my available withdrawal amount were not always the same while the Deposit Bonus was active. The bonus is provided to increase my trading balance, but the bonus funds themselves are intended for trading and cannot be withdrawn directly.

Because of that, you may see a larger trading balance than the amount currently available for withdrawal.

This doesn’t mean anything is missing from your account. It simply means that part of the balance consists of bonus funds, which remain inside the trading balance until the Deposit Bonus conditions have been completed.

Step 5. Complete the Bonus Turnover

At this point, I understood why my balance was higher than my available withdrawal amount. The next step was unlocking the profits earned while trading with the bonus.

To do that, I needed to complete the required trading turnover.

The calculation is simple:

Bonus × 100

Let’s use the same example:

• Deposit: $100
• Deposit Bonus: $20
• Required turnover: $2,000

That means I need to reach $2,000 in total trading volume before the bonus conditions are fully completed. The good news is that both winning and losing trades count toward the turnover. The goal is my total trading activity, not whether every trade ends in profit.

The only exception is hedged trades, which don’t count toward the required turnover.

Another advantage is that there’s no time limit. You can complete the turnover at your own pace instead of rushing to meet a deadline.

Step 6. What Happens If I Withdraw Early?

Naturally, I wondered what would happen if I requested a withdrawal before completing the required turnover.

If I decide to withdraw my funds before meeting the bonus conditions:

• the Deposit Bonus is cancelled
• the bonus funds are removed from my account
• any profit generated using those bonus funds is also removed

A Deposit Bonus is meant to increase your trading opportunities, not to provide funds that can be withdrawn immediately. Until the required turnover is completed, the bonus remains part of my trading balance rather than the withdrawable balance.

If you’re ever unsure how much you can withdraw, there’s no need to guess. The Withdrawal page always shows the exact amount available before you confirm the request.

Other Types of Promo Codes

Quotex offers several types of promotions, and each one follows its own rules.

• Deposit Bonus adds extra trading funds to your deposit. To unlock the full benefits, you need to complete the required trading turnover.
• Cashback returns part of your trading losses after the promotion period ends, helping reduce the impact of unsuccessful trades.
• Risk Free lets you cancel the result of one losing trade. This bonus cannot be used together with funds received through a Deposit Bonus.
• Percentage of Turnover rewards active trading by providing a bonus based on your completed trading volume.
• Balance Bonus works differently from a Deposit Bonus. These funds become part of your account balance immediately, without any turnover requirement, and are available according to your account balance and the platform’s withdrawal rules.
• Cancel X Points automatically cancels loss trades that close within the number of points specified by the promo code.

Can Multiple Bonuses Be Active?

You can only have one active bonus of the same type at a time. However, different types of bonuses can be active together.

For example, you might have an active Deposit Bonus while also participating in a Cashback promotion. Since they serve different purposes, they don’t conflict with each other.

Things to Remember

Before activating any promo code, it’s worth checking a few details.

Some promo codes are available only for a limited time, while others are offered only in specific countries or regions. Certain promotions may also limit how many times they can be activated, and the duration of a bonus period depends on the individual offer.

Taking a minute to read the bonus conditions before activation can help you understand exactly how the promotion works and avoid surprises later.