Quotex Deposit — Minimum Amount, Methods and Fees
- Minimum deposit is $10 for most methods (UPI, Binance Pay, e-wallets, local banks) or $50 for Visa/Mastercard and major crypto (BTC, ETH)
- Zero deposit fees from Quotex on all methods (your bank or crypto network may charge their own fees)
- Instant processing for e-wallets, UPI, and Binance Pay; crypto deposits take 5–60 minutes depending on network
- Local payment methods available for India, Pakistan, South Africa, SE Asia, and more — open the Quotex deposit page to see the methods available in your country
Quotex is one of the most popular binary options platforms in India, Pakistan, and parts of Africa, and the deposit experience is a big part of why. A $10 minimum, instant processing on local methods like UPI and Binance Pay, and zero broker fees make it one of the easiest platforms to fund — especially for traders starting with small amounts or whose banks block deposits to other offshore platforms.
This guide covers the fastest and cheapest way to fund your Quotex account, which deposit methods are available in your country, processing times, fees, deposit limits, and what to do if your deposit fails. We also answer the question behind the search: is it safe to put your money with Quotex?
Quotex Minimum Deposit
The minimum deposit on Quotex is $10 for most local payment methods, e-wallets, and smaller cryptocurrencies. Visa/Mastercard and major cryptocurrencies like Bitcoin and Ethereum have a higher minimum of $50.
| Deposit Method | Minimum Deposit |
|---|---|
| Visa / Mastercard | $50 |
| UPI / India IMPS | $10 |
| Local e-wallets | $10 |
| Binance Pay | $10 |
| Bitcoin (BTC) | $50 |
| Ethereum (ETH) | $50 |
| USDT (Tether) | $10 |
| Solana (SOL) | $10 |
| Dogecoin (DOGE) | $10 |
| Local bank transfers | $10 |
| Instant EFT (South Africa) | $10 |
In local currency terms, $10 is approximately ₹850 (India), PKR 2,800 (Pakistan), KES 1,300 (Kenya), NGN 16,000 (Nigeria), or ZAR 180 (South Africa). The exact minimum depends on your payment method and country — check the Quotex deposit page to see the minimum for your specific method.
If this is your first time depositing on Quotex, start with the minimum amount ($10) to verify that the payment method works and that funds appear in your account before depositing a larger amount.
How to Deposit Money in Quotex
Depositing money on Quotex takes a few minutes. Here’s the process:
- Log in to your Quotex account through the web platform at qxbroker.com or the mobile app.
- Click the green “Deposit” button in the top-right corner of the trading screen. You can also access it from the Account menu.
- Select your payment method. Only methods available in your country will be displayed. The deposit interface shows the minimum and maximum amounts for each method.
- Enter your deposit amount. If you have a promo code, click “I have a promo code” and enter it before confirming. See our Quotex Promo Code page for current codes.
- Confirm the transaction. For e-wallets and online banking, you’ll be redirected to the provider’s website to authorise the payment. For crypto, you’ll receive a wallet address to send funds to. For UPI, approve the payment in your UPI app.
- Check your Quotex balance. Most deposits appear instantly. If using crypto, wait for blockchain confirmation (10–30 minutes depending on network).
Quotex requires you to withdraw using the same method you deposited with. See our Quotex Withdrawal guide for processing times, limits, and common issues. If you deposit via Visa, you must withdraw to the same Visa card. Choose your deposit method carefully — switching later requires contacting support and additional verification.
Deposit Methods
Quotex supports a wide range of deposit methods including cryptocurrencies, bank cards, e-wallets, and local payment options. The methods available to you depend on your country.
| Category | Methods | Min Deposit | Speed |
|---|---|---|---|
| Bank Cards | Visa, Mastercard | $50 | Instant |
| Cryptocurrency | Bitcoin, Ethereum, USDT, Solana, Dogecoin, Polygon, Litecoin | $10–$50 | 10–30 min |
| Crypto Wallets | Binance Pay | $10 | Instant |
| E-Wallets | Local wallet providers | $10 | Instant |
| Kenya / Tanzania | M-Pesa | $10 | Instant |
| India | UPI, IMPS, Net Banking, Paytm, PhonePe | $10 | Instant |
| Pakistan | JazzCash, Easypaisa, local bank transfer | $10 | Instant–30 min |
| South Africa | Instant EFT, South African Banks | $10 | Instant |
| SE Asia | GCash, OVO, Shopee, local banks | $10 | Instant |
Best Deposit Method by Country
India: UPI is the fastest and most convenient option — instant processing, $10 minimum, and no fees from Quotex. IMPS and Net Banking are alternatives if UPI is unavailable.
Pakistan: The most reliable method is depositing USDT via Binance Pay. Buy USDT on Binance using P2P (JazzCash, Easypaisa, or bank transfer), then deposit USDT to Quotex. This avoids bank blocks on direct card deposits to offshore platforms.
Africa (Kenya, Nigeria, South Africa): South African traders can use Instant EFT or local bank transfers ($10 minimum). Kenyan traders can use M-Pesa, crypto (USDT via Binance Pay), or local e-wallets. For Nigeria, crypto (USDT via Binance Pay) or local e-wallets are the most reliable methods.
If your local payment methods are unreliable or your bank blocks transactions to offshore brokers, depositing USDT via Binance Pay works from virtually any country, processes instantly, and has a $10 minimum.
Deposit Processing Time
Most Quotex deposits are processed instantly or within minutes. Crypto deposits depend on blockchain confirmation times.
| Method | Stated Time | Typical Real-World Time |
|---|---|---|
| E-Wallets (local providers) | Instant | Under 1 minute |
| UPI / Local Mobile Payments | Instant | Under 5 minutes |
| Binance Pay | Instant | Under 1 minute |
| Bank Cards (Visa, Mastercard) | Instant | Instant–30 minutes |
| USDT (TRC-20) | After confirmation | 5–15 minutes |
| Bitcoin | After confirmation | 10–60 minutes |
| Ethereum | After confirmation | 5–15 minutes |
| Instant EFT / Local Banks | Instant | Instant–15 minutes |
| Bank Wire Transfer | 1–5 business days | 1–3 business days |
For the fastest deposits, use Binance Pay, UPI, or a local e-wallet, or UPI. Avoid bank wire transfers for your first deposit — the multi-day processing time means you’ll be waiting before you can verify the system works.
Deposit Limits
Quotex deposit limits vary by method and country. Most methods have a $10 minimum, but maximum limits differ significantly.
| Method | Min per Transaction | Max per Transaction |
|---|---|---|
| Visa / Mastercard | $50 | $489–$1,132 (country-dependent) |
| UPI / India IMPS | $10 | ~$22,000 |
| Local e-wallets | $10 | Varies by provider |
| Binance Pay | $10 | ~$55,000 |
| Bitcoin | $50 | $40,000 |
| USDT (Tether) | $10 | $40,000 |
| Instant EFT (South Africa) | $10 | ~$2,800 |
| South African Banks | $10 | ~$11,300 |
Card limits are the lowest — Visa/Mastercard is capped at around $489–$1,132 per transaction depending on your country. If you need to deposit larger amounts, crypto (Bitcoin, USDT) or local e-wallets offer significantly higher limits. For most retail traders depositing $10–$500, any method will work. Exact limits vary by country and method — check the Quotex deposit page for the limits that apply to you.
Deposit Fees
Quotex does not charge any fees on deposits. The broker absorbs payment processing costs on its side.
However, this does not mean deposits are completely free. Your bank, card issuer, or payment provider may charge its own fees — typically 0.5%–2% for currency conversion if your payment currency doesn’t match your Quotex account currency. Crypto network fees (gas fees) also apply and are deducted from the amount you send, not by Quotex.
Deposit in the same currency as your Quotex account to avoid conversion fees. If your account is in USD, use a USD-denominated method or deposit USDT (which is pegged to USD). If using crypto, choose a low-fee network — USDT on TRC-20 (Tron) has much lower network fees than ERC-20 (Ethereum).
Quotex Welcome Bonus
Quotex offers a deposit bonus for new accounts, with the bonus percentage increasing based on your deposit amount. Bonus terms and percentages change regularly — for the latest active codes and a full breakdown of how the bonus works (including withdrawal conditions), see our Quotex Promo Code guide.
Common Deposit Problems
Deposit problems on Quotex are relatively rare compared to withdrawal issues, but they do happen. Here are the most common problems and how to resolve them.
Deposit Not Showing in Account
If your payment was debited but your Quotex balance hasn’t changed, the most common causes are: the transaction is still processing (especially for crypto — wait for blockchain confirmation), a currency mismatch between your payment and your Quotex account, or a temporary system delay on Quotex’s side. Check your Quotex transaction history under Account → Transactions to see if the deposit shows as “Processing.” If the deposit still hasn’t appeared after 30 minutes (e-wallets/cards) or 1 hour (crypto), contact Quotex support through the live chat inside your trading account with your payment receipt.
Card Declined
Many banks in India, Pakistan, and Africa automatically block transactions to offshore trading platforms. If your Visa or Mastercard deposit is declined, it’s usually your bank blocking the transaction, not Quotex. You can try calling your bank to authorise the payment, but the more reliable solution is to switch to a different method — UPI (India), Binance Pay (Pakistan), or Instant EFT (South Africa).
Declined Deposit Request
Quotex may decline a deposit if your account verification (KYC) is incomplete, if the payment method name doesn’t match your Quotex account name, or if you’re depositing from a prohibited jurisdiction. Complete your identity verification before making your first deposit to avoid this issue.
Crypto Deposit Not Credited
Cryptocurrency deposits require blockchain confirmations before they appear in your Quotex account. Bitcoin typically needs 1–3 confirmations (10–60 minutes), while USDT on TRC-20 is faster (5–15 minutes). If your crypto deposit hasn’t appeared after the expected time, verify that you sent the correct cryptocurrency to the correct network address (e.g., USDT on TRC-20, not ERC-20 if you selected TRC-20 in Quotex). Sending crypto to the wrong network address can result in permanent loss of funds.
When depositing crypto, make sure the network you’re sending from (e.g., TRC-20, ERC-20, BEP-20) matches the network Quotex generated the wallet address for. Sending USDT on the wrong network is the most common cause of permanently lost crypto deposits — and Quotex cannot recover funds sent to an incorrect network.
Is It Safe to Deposit on Quotex?
No, depositing on Quotex is not safe because Quotex is not regulated by any recognised financial authority. The deposit process itself works — most deposits are processed instantly and without issues. But your money is not protected after it reaches Quotex: deposited funds are not held in segregated accounts, there is no deposit protection scheme, and the platform can block your account and restrict access to funds at its discretion.
Many traders deposit and withdraw without problems. But if a dispute arises — a failed withdrawal, an account block, a frozen balance — you have no regulator to appeal to and no guaranteed mechanism to recover your funds.
Conclusion
Quotex deposits are fast, free, and support a wide range of payment methods. The deposit process works well. But depositing money on an unregulated platform carries inherent risk that no deposit guide can eliminate.
If you decide to deposit, start with $10 to verify the system works with your payment method before committing a larger amount. Complete KYC verification immediately — not when you’re ready to withdraw, because that’s when blocks happen. Choose your deposit method carefully, since Quotex requires you to withdraw via the same method. And never deposit more than you can afford to lose entirely.
For the full regulatory analysis, why these risks exist, and how Quotex compares to regulated alternatives, read our Quotex Review.
If you prefer a regulated broker, see our list of recommended brokers.
Frequently Asked Questions