IndiaIs Quotex Legal in India in 2026?
Explore Quotex’s demo account, trading platform and account conditions for India, with a clear explanation of its RBI status.
- Quotex is trusted. Tested via live trading.
- India: Quotex is available
- 6 reviews about Quotex
- Quotex №1 in the binary options brokers list
What can you explore on Quotex?
Quotex provides a web trading interface, charting tools and a demo mode. Use the demo to understand expiry times, trade amounts and displayed payouts with virtual funds. A straightforward interface does not make real-money digital options low risk.
Before you open an account
Does the demo use real money?
No. Quotex advertises $10,000 in practice funds. They cannot be withdrawn, and demo results are not a forecast of real-money returns.
When can verification be required?
Read the account and payment terms before providing documents or depositing. Identity checks may be requested, and card-funded withdrawals require account and card verification under the payment policy.
Which payment methods work in India?
Use the options shown for your own account. We have not independently confirmed UPI or a particular Indian bank/card route. An option appearing in the cashier does not confirm that a transfer is permitted under Indian rules.
Pros and Cons of Quotex
Pros
- No trading fees.
- Good selection of deposit and withdrawal methods.
- A convenient and functional web platform with various tools for technical analysis.
- 24/7 support with a quick response time.
- The opportunity to participate in tournaments with a prize pool.
Cons
- Lack of regulation.
- No desktop and iOS platforms.
- Sparse analytics.
Quotex account conditions at a glance
Condition | What to check |
|---|---|
Demo account | $10,000 in virtual funds; not withdrawable. |
Deposit | Advertised minimum $10; check the selected payment method. |
Withdrawal | From $10 for most methods and $50 for cryptocurrency; some coins have higher minimums. |
Timing | The FAQ quotes an average of 1–5 days. Account review and payment processing affect the actual time. |
Verification | Documents may be requested. Card-funded withdrawals require account and card verification under the payment policy. |
Costs | Check conversion, payment-provider charges and any conditions for repeated withdrawals. |
Deposits and withdrawals in INR
The advertised $10 deposit is a US-dollar figure, not a fixed rupee amount. Check the conversion rate, method minimum and any payment-provider charge. Compare deposit and withdrawal options before making a payment; a deposit method does not automatically offer the same withdrawal functionality.
For an existing withdrawal, check the request status, any document request and the payment details. If support is needed, use the official channel and include the transaction reference.
Quotex reviews from Indian traders
These are individual experiences. Compare comments about verification, payouts and platform usability; they do not establish local authorisation or guarantee another account’s outcome.
Quotex
What traders talk about
Mobile app is stable, support is hit-or-miss
Good Platform, But Bonus Policy Needs Clarity
Lightning-Fast UPI Payouts
Two Years, Zero Withdrawal Drama
Low $10 Entry & No Hidden Fees
Leave a review of your experience:
FAQ
Is Quotex legal in India?
Quotex is named on the RBI Alert List dated 22 October 2024. The list concerns unauthorised forex dealing and forex electronic trading platforms; access to the app is not evidence of permission to carry out those transactions. Read the RBI entry.
Is Quotex banned or blocked in India?
The RBI listing is a regulatory authorisation statement. It does not by itself establish whether every Indian internet provider currently blocks the website. We have not verified nationwide network access.
Can I use UPI with Quotex?
We have not independently verified UPI for Indian accounts. Check the current options and their terms, and do not treat a third-party payment agent as official confirmation.
What is the minimum deposit in rupees?
Quotex advertises a $10 minimum. The INR equivalent depends on conversion and the selected payment method.
What is the minimum withdrawal?
Quotex states $10 for most payment methods and $50 for cryptocurrency, with a higher amount possible for some coins. Check your withdrawal screen.
Can I withdraw demo funds?
No. The demo balance is virtual and is intended for practice.
Sources
RBI Alert List · Service Agreement · Quotex FAQ · Payment policy
Sources reviewed: 1 November 2026. Published terms are not an account-specific eligibility or payment test.
