Site logo
Quotex blog /Updates /Is the money paid out to the same details from which the deposit was made?

Is the money paid out to the same details from which the deposit was made?

Yes, on Quotex, withdrawals are typically processed to the same payment method or account details used for the deposit. This policy is in place for security reasons and to comply with anti-money laundering (AML) regulations.

Key Points to Note:

  • Same Payment Method:
    If you deposited funds via a specific method (e.g., credit card, e-wallet, or cryptocurrency), the withdrawal is usually processed back to the same method.
  • Exceptions:
    In cases where a payment method does not support withdrawals (e.g., certain prepaid cards or specific payment processors), the platform may offer alternative withdrawal options. You’ll be required to provide verified details for the alternative method.
  • Verification:
    Platforms may request identity verification or additional documents to ensure the withdrawal is legitimate and matches the account holder’s details.
  • Currency and Method Restrictions:
    Withdrawals may be restricted by currency or the specific method used, especially for cryptocurrency transactions or international bank transfers.

If you have any doubts or face issues, it’s best to contact the platform’s support team for clarification.

Binary options trading carries a high level of risk and may not be suitable for all investors. There is a possibility of large losses, including the loss of all or part of your initial investment. Carefully assess your investment objectives, level of experience, and risk tolerance before trading binary options.

Note: The information provided on this site is for educational purposes only and does not constitute financial advice. We are not responsible for any losses resulting from the use of this information. Always conduct your own research and consult a qualified financial advisor before making trading decisions.