Frequently Asked Questions

Have questions? We've got answers. Find the information you need about our platform and services.

General Questions

What is Quotex?

Quotex is an innovative trading platform that allows users to trade a variety of assets, including currencies, commodities, indices, and cryptocurrencies. Our platform is known for its user-friendly interface and high performance, designed for both beginners and professional traders.

What assets can I trade on Quotex?

We offer over 100+ assets for trading. This includes major and minor currency pairs (Forex), leading commodities like gold and oil, major stock market indices, and a wide range of popular cryptocurrencies.

Is there a mobile app available?

Yes, Quotex offers a fully functional mobile application for both Android and iOS devices. You can download it from the Google Play Store or Apple App Store to trade anytime, anywhere, with all the features of the web platform.

How does the trading process work?

Trading on Quotex is straightforward. You select an asset, choose an expiration time, enter your trade amount, and predict whether the asset's price will go UP or DOWN. If your prediction is correct when the time expires, you earn a profit based on the asset's payout percentage.

What are the trading hours?

Our platform is available 24/7. While traditional markets like Forex and stocks have specific trading hours during the weekdays, you can trade cryptocurrencies and OTC (Over-The-Counter) assets even on weekends, giving you non-stop trading opportunities.

Can I use trading signals or bots?

While our platform provides integrated trading signals to help with your analysis, the use of third-party automated trading bots or scripts is generally discouraged as it may violate our terms of service. We encourage traders to develop their own skills and strategies.

How is the payout percentage determined?

The payout percentage for each asset is determined by various market factors, including asset volatility, liquidity, and trading hours. It can fluctuate throughout the day. The current payout percentage is always clearly displayed on the trading interface before you place a trade.

What educational resources are available?

We offer a range of educational resources, including a comprehensive blog with market analysis and strategies, video tutorials, and a free demo account with $10,000 in virtual funds to practice risk-free.

Is Quotex regulated?

Quotex is a service provided by ON SPOT LLC GROUP, which operates under the relevant laws and regulations of its jurisdiction. We adhere to strict internal policies to ensure a fair and secure trading environment for all our clients.

What makes Quotex different from other brokers?

Quotex stands out due to its high-speed, proprietary platform, user-friendly interface, low minimum deposit of $10, high payout rates up to 98%, and a commitment to transparency with no withdrawal fees.

Financial Questions

What is the minimum deposit amount?

Quotex offers a low barrier to entry. The minimum deposit amount is typically $10, making it accessible for traders of all levels to get started. This can vary based on your region and payment method.

What payment methods are accepted for deposits?

We accept a wide variety of payment methods, including credit/debit cards (Visa, MasterCard), e-wallets (like Skrill, Neteller), and various cryptocurrencies (like Bitcoin, Ethereum, Litecoin). The available options may differ depending on your country.

How long do deposits take to process?

Most deposits are processed almost instantly, especially when using e-wallets and cryptocurrencies. Card payments are also very fast. In rare cases, bank transfers might take longer depending on the banking institution.

Are there any deposit fees?

Quotex does not charge any fees for deposits. However, your payment provider or bank may charge a currency conversion or transaction fee, which is outside of our control.

How do I withdraw my profits?

Withdrawing funds is simple and fast. Navigate to the 'Withdrawal' section in your dashboard, select your preferred withdrawal method (usually the same as your deposit method), enter the amount, and submit the request.

What is the minimum withdrawal amount?

The minimum withdrawal amount is typically $10 for most payment systems. For cryptocurrencies, the minimum amount might be higher due to network fees.

Are there any withdrawal fees?

Quotex does not charge any commission for withdrawals. Our goal is to make the process as seamless and cost-effective as possible for our clients.

How long does it take to process a withdrawal?

We process withdrawal requests 24/7. While we aim to process most requests within a few hours, the time it takes for the funds to reach your account can range from 1 to 5 business days, depending on the chosen withdrawal method and your bank's processing times.

Can I withdraw bonus funds?

Bonus funds themselves cannot be withdrawn directly. However, any profits generated from trading with the bonus funds can be withdrawn after meeting the specific trading turnover requirements associated with the bonus. Please read the bonus terms and conditions for details.

What currencies can I use for my account?

You can choose your account currency during registration from a list of available options, including USD, EUR, GBP, and others. Please note that once your account currency is set, it cannot be changed.

Registration and Verification

How do I register for a Quotex account?

Registration is simple. Click the 'Sign Up' button on our homepage, fill in your email and password, choose your account currency, and agree to the terms. You can also sign up quickly using your social media accounts like Google or Facebook.

Why do I need to verify my account?

Account verification is a standard security procedure required by financial regulations (KYC - Know Your Customer). It helps us ensure the security of your account, prevent unauthorized access, and comply with anti-money laundering laws. Verification is necessary for making withdrawals.

What documents are required for verification?

To verify your account, you'll need to submit identity and address verification documents. This typically includes a color photo of a government-issued ID (like a passport or driver's license) and proof of address (like a recent utility bill or bank statement).

How long does the verification process take?

Our team works to verify documents as quickly as possible. The process usually takes less than 24 hours, but it may take longer during periods of high demand. You will be notified via email once your account is verified.

My verification was rejected. What should I do?

If your verification is rejected, you will receive an email explaining the reason. Common reasons include blurry photos, expired documents, or information that doesn't match your profile. Please review the reason and re-submit the documents correctly.

Can I have more than one account?

No, according to our service agreement, each client is only allowed to have one trading account. Creating multiple accounts can lead to the blocking of all associated accounts.

I forgot my password. How can I reset it?

If you forget your password, simply click the 'Log In' button and then click the 'Forgot Password?' link. Enter your registered email address, and we will send you instructions on how to reset your password.

How do I change my personal information?

For security reasons, some personal information like your name and email address cannot be changed after registration. If you have made a mistake or need to update critical information, please contact our customer support team for assistance.

How do I close my account?

If you wish to close your account, please withdraw all your remaining funds first. Then, contact our customer support team with your request, and they will guide you through the account closure process.

Is my personal information secure with Quotex?

Yes, absolutely. We use advanced SSL encryption and other state-of-the-art security measures to protect all your personal and financial information. We do not share your data with third parties without your consent.

Can't find the answer you're looking for?

Our support team is available around the clock to help you with any questions or issues.

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