Quotex guide: demo account, login and a first trade
What registration asks for, how the $10,000 demo works, which promo code is live, and why the payout on one pair can be 93% while the pair next to it pays 55%. Every screen below is from the platform itself.
Partner link. How that works.
Promo code WELCOME50 · 50% from a $30 deposit
What Quotex is
Quotex is a web trading platform for the product this site covers. The binary trading Quotex sells is labelled digital options rather than binary options, but binary options on Quotex and digital options on Quotex are the same instrument under two names. The mechanic is the one set out on the home page: a stake goes on an asset finishing higher or lower by a set moment, the payout is agreed before the trade opens, and a wrong call costs the whole stake.
It is the second most searched of the six covered here, and the thing people search for most is the demo. That is a fair instinct: Quotex hands you $10,000 in practice money before asking for anything, and the practice account runs on exactly the screens the live one does.
Two details separate the Quotex trading platform from the rest of the group. The account currency is chosen at registration rather than fixed, and the payout is not one number. It varies by pair and by how long the trade runs, from the mid-fifties to the low nineties. Reading that column is the single most useful habit on this platform.
Opening an account
The demo opens straight after registration and costs nothing, so there is a free version of every screen below. When you do fund the account, keep the first deposit at an amount that would not matter if it went, and check the payout on the specific pair before each trade rather than trusting the headline figure.
18+ Partner link. This site earns a commission if you open an account through it, at no cost to you, and it does not change what is written here. How that works. Trading binary options carries a high risk of losing money.
Why traders consider Quotex
Five things come up repeatedly in searches about this platform, and all five are checkable in the first ten minutes, before any money is involved.
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The demo is the thing people come for $10,000 in practice money, no deposit, no time limit, and the same interface as the live account. More searches attach to the Quotex demo account than to the login, the app or the promo code.
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The payout is printed per pair, before you commit Two columns in the asset list, one for short expiries and one for longer ones. Nothing else on the platform tells you as much in as little space.
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You pick the account currency at registration Rather than being converted into dollars on the way in and back out again. That removes a conversion spread most platforms in this group charge twice.
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$10 opens an account and $1 opens a trade Small enough to learn on without the size of the stake doing the teaching for you.
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Around thirty deposit methods, most of them crypto Twenty-one crypto routes plus local options that change with the region, so funding usually works even where cards do not.
One more thing is visible the moment you log in: the interface keeps offering you reasons to trade again. There is a tournaments section with running entries, a market tab, a bonus banner across the top of the terminal, and notification badges on most of them. It is a lighter touch than some platforms in this group, but it points the same way, more trades, more often. Before you open a trade, check whether the reason is the payout column or a badge.
- Tournaments
- Deposit bonuses
- Promo codes
- Cashback codes
- Market section
- Support chat
Where Quotex works and how you pay
Country is the first field on the registration form, and it does two things: it sets which payment methods you will see, and it decides the currency options offered alongside it.
Registration is open in almost every country. The one exclusion is the United States. The form carries a checkbox declaring that you are not a US citizen or resident for tax purposes, and you cannot complete registration without ticking it.
Everywhere else, what changes is the deposit screen. It groups methods into four tabs, and the mix shifts by region: a handful of local options at the top under "popular in your region", one or two e-payment services, usually a single bank route, and then a long crypto list of around twenty-one methods that is the same wherever you are. Tether alone appears on several networks.
Where local methods exist, deposits land quickly and the money comes back the same way. Where they do not, crypto is the route, and that means owning some first: a separate step with its own fees, and a higher withdrawal minimum at the other end.
Quotex is among the most searched platforms of the six in India, Pakistan, Bangladesh and Brazil, and accounts open normally across all of them. The regulatory picture behind that is in the note at the end of this page.
How to sign up and log in
Quotex sign up is one short form with five fields and two checkboxes. It asks for no identity documents, and the login and registration tabs sit side by side on the same screen, searches for a binary trading Quotex login and for Quotex registration both land on it.
Country and currency come first, and both matter more than they look. The country sets your payment options for the life of the account. The currency is the one the balance is held in, and it is not something you change later. Pick the one you will deposit and withdraw in.
Then email, password, and an optional promo code box with its own Apply button, so you can see the code register before going any further. The one currently live is WELCOME50, covered in full further down.
Two checkboxes follow. The first confirms you are 18 or over and accept the service agreement. The second is the declaration that you are not a US citizen or resident for tax purposes. Signing in with Google is offered as an alternative to the password, but not to the rest of the form.
Confirm the email when the message arrives. The account works without it, but the profile shows the address as unverified and withdrawals will not proceed that way. Then set up two-factor authentication in the account settings. A Quotex trading login holds money and, later, identity documents, and the two-factor step protects both.
Partner link. The promo code field is on that form. How that works.
Verifying your account
Verification is not a gate on using the platform. You can register, deposit, trade and use the demo with an account marked "not verified", and plenty of accounts never go further than that.
Where it comes up is at withdrawal, and on the platform's own terms it can also come up at any time: the account page states that the procedure may be initiated by the company's security department whenever it chooses. The requirement is therefore not tied to a threshold you can plan around.
The personal data section asks for a nickname, first and last name, date of birth, country and address, with the email confirmed separately. Filling it in early costs nothing and removes the slowest step from a future withdrawal.
Documents, when they are requested, are narrower than on some platforms: a colour photo or scan of a passport, a driving licence, or a national identity card. One document, not three.
Whether it goes smoothly comes down to one rule, the same everywhere in this group. The name on the profile, the name on the document and the name on the card or wallet all have to match. A deposit made from an account in someone else's name is the most common reason Quotex verification stalls, and it is not fixable afterwards.
Minimum deposit and payment methods
The Quotex minimum deposit is $10 and it holds across almost every method on the list, crypto included. The deposit window opens with the bonus already applied at the top, before you have read what it commits you to.
Popular holds whatever works best in your region, usually around seven methods. E-Pay and Banks are thin, often two options and one. Crypto is the deep one at roughly twenty-one methods, including Tether on several separate networks, which are not interchangeable: send on the wrong one and the deposit does not arrive.
Every method prints its own minimum next to it, and on this screen they all read $10. That is unusually flat for this group; most platforms set crypto minimums well above the platform floor.
The bonus sits above the list rather than beside it, already marked as applied, with the condition in a tooltip. Read the condition before the amount. What it commits you to is set out below, and it is not the free money the banner implies.
One thing to get right the first time: the method you deposit with is normally the method you withdraw to. Choosing on convenience alone tends to be a decision you meet again later, especially if the convenient route was crypto.
How to withdraw from Quotex
The minimum withdrawal is $10 on most routes and $50 on crypto, the one place where the two minimums differ. Requests usually clear in one to three business days, with crypto generally the faster end.
Money goes back to the method that funded the account, which is why the deposit choice matters more than it looks. Three things have to be clear before a request moves: the email is confirmed, verification is not pending, and no active bonus is sitting on the balance. Most Quotex withdrawal complaints online come down to one of those three, and the third is the one people forget.
Demo balances cannot be withdrawn. They are practice money, they carry no cash value, and the Quotex demo account withdrawal question, common enough to show up in the search data, has no answer but no. The demo can be topped up again instead, which is usually what people want.
One note on evidence. Searches for Quotex withdrawal proof return screenshots posted by affiliates. A screenshot of someone else's payout tells you nothing about your own account: anyone can fake one, and a genuine one only proves the platform paid that person that day. Your own first small withdrawal is worth more than all of them, which is why making one early is a reasonable habit.
How to place a trade on Quotex
Four decisions go in and one of two results comes out. The panel on the right of the terminal holds all four, and nothing else on the screen changes the outcome.
Pick the pair, set the time, set the investment, then press Up or Down. Time starts at one minute with stepper buttons either side, investment starts at $1, and the payout line between them updates as you change either, showing both the percentage and the cash return. The chart marks the beginning and end of the trade so the window is visible rather than implied.
The payout column is the whole game
This is where Quotex differs from most of the group. The asset list prints two payout figures against every pair: one for expiries of a minute or more, one for five minutes or more. They are not the same, and neither is close to uniform across pairs.
On the screen above the spread runs from 93 percent at the top of the list to 55 percent on the pair selected in the trade panel. That is not a small difference. It is the difference between needing 51.8 percent of trades correct to break even and needing 64.5 percent. Same platform, same minute, same two buttons.
The list is sortable for a reason, and sorting it is free. Taking the pair that happens to be loaded, at whatever it happens to pay, is the most expensive habit available here.
Strategies, and what they are worth
Searches for a Quotex strategy run close behind searches for the demo. What comes back is a short repeating list: a Quotex zigzag strategy, a Quotex EMA strategy, a binary trading strategy Quotex traders are said to swear by, and almost always a binary trading Quotex course or a binary trading Quotex book attached to it. Almost all of it is pattern-reading on a one-minute chart, sold on the claim that the next candle is predictable from the last three.
Hold any of it against the payout arithmetic above. A method that cleared 90 percent at a 90 percent payout would compound an account faster than anything in professional finance, and it would not be distributed as a free PDF. The zigzag indicator repaints, it moves its own past signals as new prices arrive, which is why it looks flawless on yesterday's chart and fails on today's.
What survives is duller and sits outside the chart: how much of the account goes into one trade, how many losses in a row it can absorb, and which pair is paying 93 rather than 55 right now. That last one is the only edge on offer here, and it is printed on screen for free.
The Quotex demo account
Registration opens a demo funded with $10,000 in practice money. It costs nothing, has no time limit, can be topped up when it empties, and the switch between it and Quotex live trading is a dropdown at the top of the terminal, not a second account.
More people search for the Quotex binary options demo account than for anything else about this platform, and the Quotex binary trading demo account is the same thing under the other name. That is the right instinct and half an answer. The demo is the full terminal, with every pair, every expiry and every payout figure the live account sees. A Quotex demo account without registration does not exist; a free one does.
Practice money teaches the interface, the order of the screens, where the payout is printed and what a run of one-minute trades does to a balance. It does not teach how it feels to lose money that was yours, and a good week on the demo is not evidence of a method. Traders who move across and raise their stake at once are reacting to the practice result rather than to anything the market did.
One use that is worth the time: run the same setup on ten pairs at their different payout rates and count what the ending balance does. It costs nothing, takes an afternoon, and settles the question of whether the payout column matters better than any argument on this page.
The Quotex app and where to download it
The Quotex trading app download for Android comes from Google Play, where the Quotex trading app is listed under the QxBroker name rather than Quotex, which is worth knowing before you dismiss the store result as a fake. For devices without Play services the platform offers a direct Quotex APK download on its own site.
Installing an APK means allowing installs from the browser in Android settings. Turn that permission off again afterwards. An iOS app is available through the App Store, so unlike some platforms in this group iPhone users are not left in the mobile browser.
The app handles deposits, withdrawals and identity documents, so the source matters more here than it would for a game. The only safe sources are the official stores and the platform's own site: never a file site, a mirror, a Telegram channel or a YouTube description. Searches for a Quotex bot signal generator APK, or for a binary trading app Quotex never published, return a great deal of the latter.
Quotex on desktop is the same web terminal in a browser; there is no separate Windows program, and none is needed.
Anything else offering a Quotex APK is a third party repackaging an app that handles your documents.
Quotex promo codes: WELCOME50 and what it does
The code currently live is WELCOME50: a 50% bonus on the deposit, activating from $30. That threshold is lower than most of this group, which is part of why it converts.
Where to put it: the promo code field on the registration form, which has its own Apply button so you can confirm it took, or the deposit window before completing a top-up. It has to be on the account before the money lands. A code entered afterwards does not apply retrospectively.
Now the part the code pages leave out. A deposit bonus is credit with a turnover condition attached. The bonus becomes withdrawable only after a volume of trading measured in multiples of it, and taking your own deposit out before that condition is met normally forfeits the bonus and anything made with it.
So a bonus does not increase what you can withdraw. It increases how much you have to trade before you can withdraw normally. On a product where each trade carries a negative expected value at the advertised payout, being required to trade more is a cost as well as a gift. The exact multiple and the expiry window are shown in the bonus terms on the account. Read those two numbers before accepting.
Quotex also runs cashback and risk-free codes alongside the deposit bonus, and those work differently: a cashback code returns a share of losses rather than adding credit, so it carries no turnover obligation. If you want a promotion without the strings, that is the family to look in. If you would rather keep the balance clean, deposit without a code at all. A withdrawal from an account with no active bonus has one less condition to satisfy.
Quotex bots and signals sold elsewhere
Quotex has no signals feed of its own, which has not stopped a third-party market forming around the name: Telegram channels selling entries, APK files advertised as a binary trading Quotex bot or a signal generator, paid courses, and the Quotex trading bot searches that outrank the login page.
The arithmetic is the same test as anywhere on this site. A service claiming a 90 percent hit rate is claiming a return no fund reports, on an instrument whose break-even at a 90 percent payout is 52.6 percent. If it were true it would not be sold by subscription.
The concrete risk is narrower than the philosophical one. A Quotex bot asks for your account credentials or an API connection, on an account holding your money and, potentially, your passport scan. That exposure exists whether or not the signals work, and no amount of screenshots in the channel changes it.
If the appeal is not having to choose, the honest version of that is the payout column: sort the list, take the pair paying the most, and you have done the only selection on this platform that has evidence behind it.
Getting hold of Quotex support
Support sits in the left rail of the terminal rather than behind a contact page, which makes it easier to reach than on most of this group, and the chat is open from the demo account, not gated behind a deposit.
Use it before you need it, rather than during a stuck withdrawal. A question about a payment method or a verification requirement, answered in writing while nothing is pending, is worth having on record.
Keep the correspondence. With no regulator and no ombudsman behind the platform, a written record of what support said is the only documentation any dispute will ever have. Take contact details from inside the account rather than from a search result. Fake support accounts are a common route to a stolen trading account.
Pros and limitations
Nothing in this Quotex review is a matter of taste. Each line in either column is something visible on the screens above.
Worth having
- A free $10,000 demo with no time limit Full terminal, same pairs and payouts as the live account.
- Payouts printed per pair and per expiry Two columns, sortable, before you commit to anything.
- Account currency chosen at registration No forced conversion in and back out again.
- $10 minimum on almost every method Including most crypto routes, which is unusual in this group.
- Apps on both stores Android via Google Play as QxBroker, iOS via the App Store.
- Support chat open from the demo Not gated behind a deposit.
Worth knowing first
- No major-regulator supervision No ombudsman and no compensation scheme, see the note at the end.
- Payouts swing from the mid-fifties to the low nineties The headline figure applies to a handful of pairs, not the list.
- Crypto withdrawals start at $50 Five times the deposit minimum on the same route.
- Verification can be demanded at any time By the platform's own wording, at the security department's discretion.
- Bonuses carry a turnover condition And forfeit if the deposit is withdrawn before it is met.
- Account currency cannot be changed later A registration decision you live with.
Quotex vs the other five platforms
Quotex vs Pocket Option is the most searched comparison in this niche, and Pocket Option vs Quotex which is better is the same question typed from the other side. IQ Option vs Quotex, Olymp Trade vs Quotex which is better, and Expert Option vs Quotex follow behind it, with Deriv standing apart from all four.
Quotex vs Pocket Option
The closest match of the set. Pocket Option adds achievements, tournaments, a daily bonus and a copyable signals feed; Quotex is leaner and lets you pick the account currency. Pocket Option's demo is larger, Quotex's payout table is more honest about what each pair pays.
Pocket Option calls it binary options, quick trades
Quotex vs Deriv
The one comparison where the platforms are not in the same category. Deriv holds licences from several established regulators, which changes what happens when a withdrawal is refused. If regulatory standing is your deciding factor, read that guide next.
Deriv calls it digital options, synthetic indices
Quotex vs IQ Option
IQ Option is the older name with a more conservative interface and a narrower list of countries it accepts. Quotex is the lighter sign-up and the wider crypto list; IQ Option is the longer track record.
IQ Option calls it binary options, digital options
Quotex vs Olymp Trade
Mostly a naming difference. Olymp Trade built its interface around the phrase fixed time trading for the same mechanic, which matters the moment two advertised payouts are compared: they are payouts on the same instrument.
Olymp Trade calls it fixed time trading
Quotex vs Expert Option
The smallest audience of the six against the second largest. Expert Option strips the interface back further than Quotex does, with fewer assets and fewer promotions, which for a first account is the point.
Expert Option calls it fixed time trades
Quotex questions people ask
The wording below is taken from what people type, not rewritten into something tidier.
What is Quotex?
Quotex is a web trading platform selling digital options, the same product other platforms call binary options. A stake goes on an asset finishing higher or lower by a set moment, the payout is agreed before the trade opens, and a wrong call costs the whole stake. Accounts start at a $10 deposit and trades at $1.
How does the Quotex demo account work?
Registration opens a demo with $10,000 in practice money. It is free, has no time limit, can be topped up when it empties, and switches to the live account from the dropdown at the top of the terminal. It is the full platform, not a preview: every pair, expiry and payout the live account sees.
What is the Quotex minimum deposit?
$10, and unusually for this group that figure holds across almost every method including most crypto routes. Each method prints its own minimum next to it on the deposit screen. The promo code needs $30 to activate, which is a separate threshold.
What is the current Quotex promo code?
WELCOME50, giving a 50% bonus on a deposit of $30 or more. Enter it in the promo code field on the registration form, which has its own Apply button, or in the deposit window before completing a top-up. It does not apply retrospectively, and the bonus carries a turnover condition before it can be withdrawn.
What payout does Quotex pay?
It depends on the pair and the expiry, and the range is wide, from the mid-fifties to around 93 percent on the same screen at the same moment. The asset list prints two columns, one for expiries of a minute or more and one for five minutes or more, and the list can be sorted by either.
How long does a Quotex withdrawal take?
Usually one to three business days, with crypto generally faster than the rest. The minimum is $10 on most methods and $50 on crypto, and money goes back to the method that funded the account. Nothing moves until the email is confirmed and no active bonus is on the balance.
Can I withdraw from Quotex without verification?
Sometimes, but it is not a guarantee you can rely on. The account page states that verification may be initiated by the company's security department at any time, which means the requirement is not tied to a threshold you can plan around. Filling in the personal data section early costs nothing.
How do I withdraw from a Quotex demo account?
You cannot. The demo is practice money with no cash value, so there is nothing to withdraw. It can be topped up again instead, which is usually what people are looking for.
Is there a Quotex app for iPhone?
Yes, through the App Store, and on Android through Google Play where it is listed under the QxBroker name. The platform also offers a direct APK on its own site. An installer from a file-sharing site or a messenger channel is not the app the platform published.
Is Quotex legal in India?
Accounts open from India and trading works. SEBI does not license binary or digital options brokers, so there is no regulated version of this product available to an Indian resident and no domestic recourse if a withdrawal stalls. Funding an offshore trading account from an Indian card or UPI also runs into FEMA rules on permitted purposes.
Can I use Quotex in the US?
No. The registration form carries a checkbox declaring that you are not a US citizen or resident for tax purposes, and registration cannot be completed without ticking it.
Is Quotex real or fake?
The platform is real, the trades settle and people are paid. What it is not is licensed by a major regulator, which is a different question and the one that matters if a withdrawal is ever refused. Both halves of that are true at once, which is why the question keeps getting opposite answers. The detail is in the note at the end of this page.
Is Quotex halal or haram?
Scholars disagree and this site does not issue rulings. The features cited in the objection are present here: the outcome is fixed in advance, no asset changes hands, and the counterparty profits when the client loses. Quotex offers no separate Islamic account setting for its digital options product, so the one mitigation other platforms point to is not available.
Quotex vs Pocket Option: which is better?
They are close enough that it usually comes down to two things. Pocket Option adds tournaments, achievements, a daily bonus and a copyable signals feed, and its demo is larger. Quotex lets you choose the account currency and is clearer about what each pair pays. Both sit outside major-regulator supervision, so neither offers recourse the other does not.
Before you deposit
Quotex is registered offshore, in St Kitts and Nevis, and is not licensed by a major regulator. It appears on the UK FCA Warning List and has been named in unauthorised-firm warnings by regulators in Italy, Spain and Portugal, and its own registration form requires you to declare that you are not a US person. In practical terms that means no ombudsman and no compensation scheme if something goes wrong: your protection is the size of the deposit you chose. Trading binary options carries a high risk of losing money, and nothing here is financial advice.
18+ Partner link. How that works.
