Quotex Withdrawal Time Guide, Covering Payment Steps, Fees, Timing, and Forex Account Risks
A complete reference for Quotex withdrawal methods, processing times, fees, and the key risks every trader should understand.
For traders using Quotex, understanding the withdrawal process is just as important as knowing how to place a trade. Whether you are a beginner testing the platform or an experienced trader managing multiple accounts, Quotex withdrawal time is one of the most frequently asked questions. This guide provides a clear, detailed walkthrough of Quotex withdrawal methods, processing times, fees, and the regulatory and account risks that every user should consider before depositing funds.
Quotex offers multiple withdrawal options, including bank cards, e-wallets, and cryptocurrencies. However, the speed and cost of your withdrawal depend heavily on the method you choose, your verification status, and external factors such as bank processing times or network congestion. This article covers everything you need to know to make informed decisions about withdrawing money from Quotex.
What Is Quotex Withdrawal?
Quotex withdrawal refers to the process of transferring funds from your Quotex trading account to your personal bank account, e-wallet, or cryptocurrency wallet. The platform supports a range of payment methods, and the withdrawal request is typically initiated through the Quotex web platform or mobile app. Once you submit a request, Quotex reviews it for compliance and security, then processes the transfer according to the selected method.
Unlike some brokers that charge internal withdrawal fees, Quotex does not impose a direct fee for most withdrawals. However, third-party providers—such as your bank or the cryptocurrency network—may apply their own charges. The minimum withdrawal amount is generally $10 for most methods and $50 for major cryptocurrencies like Bitcoin and Ethereum.
Important: Quotex applies a same-method rule: you must withdraw using the same payment method you used to deposit. If you deposited via Visa, your withdrawal must go back to the same Visa card. Ignoring this rule is one of the most common reasons for rejected withdrawal requests.
Withdrawal Methods and Processing Times
The table below summarises the main withdrawal methods available on Quotex, along with their minimum amounts and typical processing times. Actual times may vary based on your location, verification status, and third-party processing.
Withdrawal Method
Minimum Withdrawal
Typical Processing Time
Visa / Mastercard
$10 – $50
Up to 60 minutes (Quotex side) + bank processing
Cryptocurrency (BTC, ETH, USDT, etc.)
$50 (higher for some coins)
Minutes to hours (network-dependent)
E-wallets (Perfect Money, Piastrix, etc.)
$10
Instant to a few hours
Local bank transfers (UPI, IMPS, etc.)
$10 – $50
Instant – 24 hours
Mobile money (M-Pesa, JazzCash, etc.)
$10
Hours – 1 business day
According to Quotex documentation and third-party reviews, the overall withdrawal time typically falls within one to five business days, depending on the payment method. E-wallets and cryptocurrencies tend to be the fastest, while bank transfers and card withdrawals may take longer due to intermediary bank processing.
Step-by-Step Withdrawal Process
Follow these steps to withdraw funds from your Quotex account. Completing each step carefully can help you avoid unnecessary delays.
Log in to your Quotex account via the web platform at qxbroker.com or the mobile app.
Complete KYC verification if you have not already done so. Quotex requires identity verification for most withdrawal methods. Upload a government-issued ID and proof of address before submitting a withdrawal request.
Navigate to Account → Withdraw.
Select your withdrawal method. Remember the same-method rule: you must withdraw using the same method you deposited with.
Enter the withdrawal amount. The minimum is $10 for most methods or $50 for major cryptocurrencies.
Provide your payment details (e-wallet address, bank account number, or crypto wallet address).
Confirm the request and save a screenshot of the confirmation for your records.
Monitor the status under Account → Transactions.
Pro tip: Complete your KYC verification before you request a withdrawal. Many delays occur because traders submit withdrawal requests first and then scramble to upload documents while the request is pending.
Quotex Withdrawal Fees and Limits
Quotex does not charge a direct withdrawal fee for most transactions. However, you should be aware of potential third-party fees:
Bank transfer fees: Your bank may charge a transaction fee for receiving international transfers.
Cryptocurrency network fees: Blockchain networks charge gas fees that vary with network congestion.
E-wallet fees: Some e-wallet providers charge a small percentage for withdrawals.
Card processing fees: Card transactions may incur charges of up to 5%.
Minimum withdrawal limits are generally $10 for most methods and $50 for cryptocurrencies. Some cryptocurrencies, such as Bitcoin, may have higher minimums (e.g., $120). Quotex does not publicly disclose a fixed maximum withdrawal limit; instead, it depends on your account verification level, trading activity, and account balance.
Common Delays and How to Avoid Them
Even when you follow the correct steps, withdrawals can sometimes be delayed. Understanding the most frequent causes can help you resolve issues quickly.
Most Common Reasons for Withdrawal Delays
Incomplete or rejected KYC documents: Blurry photos, expired IDs, or mismatched names are common problems.
Incorrect payment details: A single wrong digit in a bank account or wallet address can cause failure.
Same-method rule violation: Attempting to withdraw via a different method than you used to deposit.
Weekend or holiday submissions: Requests submitted on Friday evening or during holidays may not start processing until the next business day.
Internal review: Quotex may flag unusual account activity for additional compliance checks.
High withdrawal volume: During busy market periods, processing times can temporarily extend.
If your withdrawal exceeds the stated processing window, first check your account for any pending verification requests. Then, contact Quotex support with your transaction ID and a screenshot of the withdrawal confirmation. Keep records of all correspondence.
Quotex Regulation and Forex Account Risks
Before depositing funds into any trading platform, it is essential to understand the regulatory landscape and the associated risks. Quotex is not regulated by any major European financial authority such as the FCA (UK), ESMA (EU), or CySEC. It has also been flagged by the Securities and Exchange Commission of Pakistan (SECP) as an unauthorised platform operating without a licence.
Forex Account Risks You Should Know
Unregulated platforms carry significant risks. When you trade on an unregulated platform like Quotex, you may not have access to the same investor protections that regulated brokers provide. These protections typically include:
Segregation of client funds from company operating funds
Clear risk disclosures and transparent pricing
Access to dispute resolution mechanisms and ombudsman services
Compliance with strict capital adequacy and operational standards
Without these safeguards, traders face heightened risks, including potential fraud, misappropriation of funds, and total loss of investment with little or no legal recourse. Several user complaints have reported issues such as withheld funds, suspended accounts, and uncredited deposits.
What you can do: Before trading, verify the regulatory status of any platform on the official websites of relevant financial regulators. For example, you can check the SECP’s authorised broker list in Pakistan, or consult the FCA register in the UK. Always treat unsolicited investment offers—especially those promoted through social media or messaging apps—with extreme caution.
Example scenario: A trader in India deposits $200 via UPI and makes several profitable trades. When they request a withdrawal of $150 via UPI, the request is processed within a few hours because their KYC was already verified and they used the same method. In contrast, a trader who deposits via credit card and later attempts to withdraw via bank transfer may have their request rejected due to the same-method rule, causing delays and frustration.
Key Takeaways
Quotex withdrawal time typically ranges from instant to five business days, depending on the method.
Quotex does not charge direct withdrawal fees, but third-party fees may apply.
The minimum withdrawal is $10 for most methods and $50 for cryptocurrencies.
You must withdraw using the same payment method you used to deposit.
Complete KYC verification before requesting a withdrawal to avoid delays.
Quotex is not regulated by major financial authorities; trading on unregulated platforms carries significant risks.
Always verify a platform’s regulatory status on official regulator websites before depositing funds.
Frequently Asked Questions
How long does a Quotex withdrawal usually take?
Quotex withdrawal time typically ranges from instant to five business days, depending on the payment method. E-wallets and cryptocurrencies are usually the fastest, while bank transfers and card withdrawals may take longer.
Does Quotex charge withdrawal fees?
Quotex itself does not charge a withdrawal fee for most transactions. However, third-party providers such as your bank or the cryptocurrency network may apply their own fees.
What is the minimum withdrawal amount on Quotex?
The minimum withdrawal is $10 for most payment methods and $50 for major cryptocurrencies like Bitcoin and Ethereum. Some cryptocurrencies may have higher minimums.
Can I withdraw to a different method than I used to deposit?
Generally, no. Quotex enforces a same-method rule: you must withdraw using the same payment method you used to deposit. If you need to change methods, contact Quotex support for assistance.
Why is my Quotex withdrawal stuck in processing?
Common reasons include incomplete KYC verification, incorrect payment details, violation of the same-method rule, weekend/holiday delays, or internal review by Quotex. Check your account for verification requests and ensure all details are correct.
Is Quotex a regulated broker?
Quotex is not regulated by major financial authorities such as the FCA, ESMA, or CySEC. It has also been flagged by the SECP in Pakistan as an unauthorised platform. Trading on unregulated platforms carries significant risks.
What should I do if my withdrawal is delayed beyond the stated time?
First, check your account for any pending verification requests. Then, contact Quotex support with your transaction ID and a screenshot of your withdrawal confirmation. Keep records of all communication. If the issue persists, you may need to seek external advice, but note that unregulated platforms offer limited recourse.
Are there any risks specific to forex trading on Quotex?
Yes. Because Quotex is unregulated, you lack the statutory safety net that regulated brokers provide. Risks include potential fraud, misappropriation of funds, and total loss of investment with no legal protection. Always verify a platform’s regulatory status before trading.