5 min
I’ve been using Quotex for several months now, and I’m genuinely impressed by how dependable the platform is. However, as I scrolled through trading forums, I learned that most new traders are curious about Quotex’s withdrawal process. While some trading platforms have one or two withdrawal methods, Quotex offers traders various options. Your withdrawal method determines how long it will take to receive your payment and the processing fees. In this guide, I’ll explain Quotex’s minimum withdrawal limit, withdrawal methods, and how long it takes. Keep reading to learn how to withdraw money on Quotex.
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Most binary options trading platforms have minimum deposit and withdrawal limits, and Quotex is no different. However, instead of a single minimum withdrawal limit across the platform, the minimum withdrawal limit depends on the withdrawal method you choose.
Here’s a brief breakdown of the minimum withdrawal limits of Quotex:
However, the minimum withdrawal limit can change, especially for cryptocurrencies. Fortunately, Quotex indicates the minimum withdrawal limit for your preferred withdrawal method.
While some options brokers charge processing fees for withdrawals, Quotex doesn’t charge any direct withdrawal fees. However, this doesn’t mean withdrawing funds from the platform is free of charge.
Depending on your withdrawal method and platform, you might need to pay 1% to 5% in processing fees during the withdrawal process.

One of my favorite things about Quotex is its wide selection of withdrawal options. Regardless of where you’re using the platform, you will find a convenient way to access your money. Below are some of Quotex’s withdrawal methods.
Now that you know where to withdraw your money, it’s time to learn how to do it. I’ve been withdrawing money from Quotex to my Visa card, and it’s always been a straightforward process. Here’s what you do:
Open Quotex and log in to your account.
At the top right corner of your screen, click “Withdrawal.”

Choose your preferred withdrawal method. It needs to be the same method you used to deposit money on the platform. However, you can contact support to make changes.
Enter your account details for withdrawal.
Depending on your withdrawal method, the whole withdrawal might be free or have a few processing fees.

Quotex’s withdrawal waiting time heavily depends on the withdrawal method you choose. For example, if you decide on cryptocurrencies, you’ll receive your payment almost instantly because there’s no third-party processing time.
However, if you’re withdrawing your money using your bank card or e-wallet, it can take between 1 and 5 business days to receive your payment.
Withdrawing money from platforms like Quotex can be frustrating, especially if you don’t double-check your details. Below are some tips to make withdrawal faster and easier on Quotex.

While Quotex isn’t officially regulated, it follows strict KYC guidelines to deter people from using the platform to launder shady money. Therefore, you must upload identification documents like a passport or ID card to verify your identity before depositing money on the platform.
Of course, by the time you get to the withdrawal step, you’ll have gone through the deposit process, which requires verification documents. However, you should provide as much KYC information as possible before a withdrawal to reassure the platform of your genuine identity.
In addition to your identification documents, you can provide proof of address, such as bank statements or utility bills. You can also link Quotex to your bank account regardless of your withdrawal method.
Recording your withdrawal history by noting details like the withdrawal dates, times, amounts, and transaction IDs is essential. This information can be helpful if you need to contact support over a dispute.
Quotex has different minimum withdrawal limits for its withdrawal methods. Before withdrawing money, ensure you have at least the minimum amount for your preferred withdrawal method.
Similarly, Quotex has a maximum withdrawal limit of $10,000 per day and $100,000 monthly. Therefore, you need to ensure you’re not withdrawing more.
While Quotex doesn’t charge withdrawal fees directly, you might still need to part with processing fees from your bank or credit/debit card company. As a result, you should keep the processing fees in mind when you make your withdrawal.
Double-check withdrawal details like your name and account number before clicking the “withdraw” button. An error in those details could send your money to the wrong recipient or suspend your account, making it harder to withdraw your money.

Quotex is one of my favorite options brokers due to its simplicity and reliability. Withdrawing funds is easy if you meet the withdrawal requirements.
However, the lack of a standard withdrawal fee across different withdrawal methods can be annoying, especially if bank cards are your only withdrawal option. It’s also frustrating when you have to contact support to use a different withdrawal method from what you used to deposit money.
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